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OTHER OPERATING INCOME AND EXPENSES
 12 Months Ended
Dec. 31, 2021
OTHER OPERATING INCOME AND EXPENSES

28.OTHER OPERATING INCOME AND EXPENSES

 

 

             Consolidated 
    12/31/2021   12/31/2020   12/31/2019
Other operating income            
Receivables by indemnity (1)                     13,646                    245,945                     56,180
Rentals and leases                     11,688                       9,096                       9,462
Dividends received                     26,600                       1,197                     32,747
PIS, COFINS and INSS to compensate (2)                    236,000                    120,452                    123,677
Contractual fines                       1,468                       4,783                       4,486
Actuarial pension plan                                                     55,695                     47,151
Updated shares – Fair value through profit or loss (Note 15)                    109,254                     12,579                                
Contractual agreement                                                                                    131,817
Net gain in shares sale (note 11 c) (3)                 2,472,497                                                                
Other revenues                     87,219                     32,747                     98,250
                  2,958,372                    482,494                    503,770
                                                                                              
Other operating expenses            
Taxes and fees                   (109,693)                    (46,338)                    (95,873)
Expenses with environmental liabilities, net                      (8,789)                     16,151                    (82,669)
Write-off/(Provision) of judicial lawsuits                    (25,063)                   (130,869)                    (19,685)
Contractual fines                                                                                   (106,926)
Depreciation of investment property, equipment paralyzed and amortization of intangible assets (note 27)                    (97,725)                    (95,270)                    (97,627)
Write- off of PPE, intagible assests and investment property (notes 12 and 13)                   (112,886)                    (13,130)                   (114,603)
Estimated (Loss)/reversal in inventories                   (138,779)                   (179,012)                   (136,827)
Idleness in stocks and paralyzed equipment (4)                    (37,609)                   (303,975)                   (546,968)
Studies and project engineering expenses                    (77,059)                    (27,137)                    (26,171)
Research and development expenses                         (355)                         (620)                      (1,741)
Healthcare plan expenses                    (31,989)                   (117,193)                   (119,560)
Cash flow hedge accounting realized (note 15) (5)                   (553,018)                (1,951,035)                   (790,353)
Updated shares – Fair value through profit or loss (Note 15 II)                                                                                    (118,780)
Actuarial pension plan                    (48,068)                                                                
Other expenses                   (474,999)                   (421,628)                   (149,068)
Expenses                 (1,716,032)                (3,270,056)                (2,406,851)
 Other operating income (expenses), net                  1,242,340                (2,787,562)                (1,903,081)

 

1.In 2020, the Company received R$84,435 of indemnity after a court decision, of which R$58,785 for rent arrears arising from one of its investment properties and R$25,650 relating to an action for the collection of insurance for material damage caused by contractor in the construction of the long steel plant. Additionally, in June 2020, the principal amount was recognized in the amount of R$147,612 of receivables for indemnity (see note 9).

 

2.In 2021, it is the exclusion of ICMS from the PIS and COFINS tax base and 2020, consist of the recovery of INSS credit on benefits granted to employees that should not be considered in the contribution calculation basis. In 2019, this is the exclusion of ICMS from the PIS and COFINS calculation basis.

 

3.Refers to the initial public offering of shares of CSN Mineração S.A. (see note 11.c).

 

4.In 2020 refers to the idle capacity arisen from production volumes lower than normal it was generated from the refurbishment of the blast furnace No.3 and in the iron ore mining operation due to delays in the release of environmental licenses, which postponed the start of new ore mining fronts, as well as new dry tailing processes still in ramp-up stage.

 

5.Refers to the effects of the Foreign Exchange Cash Flow Hedge (R$525,290) and Cash Flow Hedge of the Platts index (R$27,728), totaling R$553,018. On December 31, 2020 (R$1,951,035), the effects are from the Exchange cash flow hedge (R$1,667,886) and the Cash flow hedge of the "Platts" index (R$283,149).