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15. OTHER PAYABLES
12 Months Ended
Dec. 31, 2020
Other Payables [Abstract]  
OTHER PAYABLES
15. OTHER PAYABLES

 

The other obligations classified in current and non-current liabilities have the following composition:

 

              Consolidated
  Current Non-current
  12/31/2020   12/31/2019   12/31/2020   12/31/2019
Payables to related parties (note 22 b) 70,458   46,063   78,083   88,021
Derivative financial instruments (note 14 I) 8,722       97,535    
Dividends and interest on capital (note 14 I) 946,133   13,252        
Advances from customers (1) 1,100,772   787,604   1,725,838   1,845,248
Taxes in installments 45,331   19,498   160,247   67,727
Profit sharing - employees 150,341   162,866        
Taxes payable         38,493   8,805
Provision for consumption and services 175,242   204,299        
Third party materials in our possession 84,832   78,820        
Trade payables - Drawee Risk (note 17) 623,861   1,121,312        
Trade payables (note 17)         543,527    
Lease Liabilities (note 16)       93,626         35,040   436,505   439,350
Other payables       58,321         57,690   65,108   44,551
  3,357,639   2,526,444   3,145,336   2,493,702

 

1. Advances from customers: During 2019, the subsidiary CSN Mineração entered into an agreement with a major international player for the supply of approximately 22 million tons of iron ore and an additional supply of 11 million tons of iron ore. Accordingly, CSN Mineração S.A. received in advance the amounts of US$496 million (R$1,951,303) and US$250 million (R$956,440) on March 29, 2019 and August 5, 2019, respectively. The term for the execution of the contracted volumes is 5 years. Finally, on September 16, 2019, the parties again amended the contract to adjust the delivery conditions for iron ore. In July 2020, the subsidiary concluded the contract for the additional supply of approximately 4 million tons of iron ore, which was received in advance, on August 28, 2020, the amount of US$115 million (R$629 million). The term for the execution of the contract is 3 years.