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Consolidated statement of profit or loss and other comprehensive income - BRL (R$)
R$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Consolidated statement of profit or loss and other comprehensive income      
Net sales R$ 25,865,001 R$ 20,437,835 R$ 20,611,409
Cost of sales (19,864,248) (14,999,823) (14,616,985)
Gross profit 6,000,753 5,438,012 5,994,424
Selling expenses (723,419) (661,907) (666,114)
General and administrative expenses (1,572,357) (1,589,819) (1,236,062)
Other expenses, net 382,600 176,869 404,686
Operating expenses (1,913,176) (2,074,857) (1,497,490)
Profit before equity in earnings of investees, finance results and income taxes 4,087,577 3,363,155 4,496,934
Interest in earnings of associates 130,225 28,801 1,231
Interest in earnings of joint ventures 4,590,631 583,001 1,131,406
Equity in earnings of investees 4,720,856 611,802 1,132,637
Finance expense (2,527,506) (4,727,561) (3,690,578)
Finance income 1,258,441 407,710 974,604
Foreign exchange, net (1,099,536) (3,258,656) (526,946)
Net effect of derivatives (188,956) 5,594,511 1,275,297
Finance results, net (2,557,557) (1,983,996) (1,967,623)
Profit before income taxes 6,250,876 1,990,961 3,661,948
Income taxes      
Current (787,602) (941,363) (1,000,057)
Deferred 1,233,186 438,696 220,461
Income Taxes 445,584 (502,667) (779,596)
Profit from continuing operations 6,696,460 1,488,294 2,882,352
Profit from discontinued operation, net of tax 11,021
Profit for the year 6,696,460 1,488,294 2,893,373
Items that will not be reclassified to profit or loss      
Actuarial (gain) loss on defined benefit plan 63,382 (55,777) (117,302)
Taxes over actuarial (gain) loss on defined benefit plan (21,550) 18,964 35,590
Items that will never be reclassified to profit or loss 41,832 (36,813) (81,712)
Items that are or may be reclassified subsequently to profit or loss      
Foreign currency translation differences 89,848 (42,767) 27,788
Loss on cash flow hedge (601,415) (526,099) (256,486)
Change in fair value of financial assets 2,269 278 192
Items that are or may be reclassified subsequently to profit or loss (509,298) (568,588) (228,506)
Total other comprehensive loss, net of tax (467,466) (605,401) (310,218)
Total comprehensive income for the year 6,228,994 882,893 2,583,155
Profit attributable to:      
Owners of the Company 6,312,140 859,482 1,316,341
Non-controlling interests 384,320 628,812 1,577,032
Profit for the year 6,696,460 1,488,294 2,893,373
Total comprehensive income attributable to:      
Owners of the Company 5,932,760 140,926 1,098,043
Non-controlling interests 296,234 741,967 1,485,112
Total comprehensive income for the year R$ 6,228,994 R$ 882,893 R$ 2,583,155
Earnings per share      
Basic R$ 3.4407 R$ 0.4685 R$ 0.7175
Diluted 3.4291 0.4637 0.7111
Earnings per share from continuing operations      
Basic 3.4407 0.4685 0.7115
Diluted R$ 3.4291 R$ 0.4637 R$ 0.7051