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Consolidated Statements of Cash Flows - BRL (R$)
R$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Statement of cash flows [abstract]      
Net income/(loss) for the year R$ (1,538,141) R$ 402,649 R$ 2,167,698
Adjustments to reconcile net income (loss) to net cash provided by operations      
Financial charges in borrowing and financing raised 4,023,649 3,481,514 2,459,769
Financial charges in borrowing and financing granted (163,517) (182,759) (152,484)
Charges on lease liabilities 99,998 82,521 69,510
Equity earnings of affiliated companies (448,048) (351,131) (237,917)
Deferred taxes (1,305,927) (403,544) 420,773
Provision for tax, social security, labor, civil and environmental risks 27,498 (139,871) 92,263
Exchange, Monetary and Cash Flow Hedge 2,929,120 882,201 (105,919)
Write-off of property, plant and equipment right of use and Intangible assets 62,081 158,140 (24,914)
Provision for environmental liabilities and decommissioning of assets 114,704 81,148 (6,899)
Updated shares – Fair value through profit or loss  632,612 (292,346) 1,293,784
Depreciation, amortization and depletion 3,791,413 3,379,141 2,877,656
Accrued/(reversal) for consumption and services 24,711 (64,813) 25,273
Investment impairment reversal     (387,989)
Receivables by indemnity     (422,254)
Net gain from sale of equity interest (8,451) (92,438)  
Dividends USIMINAS (44,859) (52,516) (113,697)
Other provisions 92,567 106,418 (6,267)
Total Adjustments to reconcile net income/(loss) to net cash provide by operation 9,827,551 6,591,665 5,780,688
Changes in assets and liabilities      
Trade receivables - third parties 69,518 225,997 (1,331,126)
Trade receivables - related party (32,730) 12,512 (72,187)
Inventories (906,034) 1,303,288 (734,991)
Dividends and receivables - related parties (42,237) 124,452 176,447
Recoverable taxes 114,230 (1,098,739) (278,370)
Judicial deposits (137,381) 41,782 (39,277)
Receipt of RFFSA receivables 442,246    
Trade payables (851,095) 1,159,629 (479,693)
Trade payables – Forfaiting (1,327,749) (1,499,635) 1,269,102
Payroll and related taxes 87,140 48,200 31,894
Taxes payables (215,862) (214,330) (2,505,758)
Payables to related parties  (24,231) (70,659) 21,115
Advance of customers of mineral and energy contracts 6,967,508 4,844,361 (221,130)
Interest paid  (4,052,226) (3,428,721) (2,315,586)
Compulsory loan received     370,000
Receipts/(Payments) from hedging operations, cash flow and derivatives (65,435) (962,651) 64,436
Other 335,433 (187,192) 139,531
Increase (Decrease) in assets and liabilities 361,095 298,294 (5,905,593)
Net cash generated by operating activities 8,650,505 7,292,608 2,042,793
Investments / AFAC / Acquisitions of Shares  (32,000) (338,568) (662,761)
Purchase of property, plant and equipment, intangible assets and investment property (5,494,335) (4,408,119) (3,352,210)
Intercompany loans granted  (95,951) (101,912) (119,536)
Intercompany loans received 12,430 8,032  
Financial Investments, net of redemption 70,335 136,678 21,568
Receipt of sale of equity interest 4,419,786 114,763  
Cash received from Acquisition of investments Metalgráfica     569
Acquisition of Topázio Energética, Santa Ana and Brasil Central     (466,153)
Cash received from Acquisition of investments in Topázio Energética and Santa Ana      5,095
Acquisition of CSN Cimentos Brasil     (4,770,354)
Cash received in the acquisition of CSN Cimentos Brasil     496,445
Price paid in acquisition of CEEE-G     (928,000)
Cash received in the acquisition of CEEE-G     661,864
Price paid in acquisition of Energética Chapecó     (358,634)
Cash received from Acquisition of investments Chapecó      41,693
Price paid in acquisition of concession rights     (2,024,118)
Net cash (used in) investment activities (1,119,735) (4,589,126) (11,454,532)
Borrowings and financing raised 10,148,426 15,638,624 20,187,894
Transactions cost - Borrowings and financing (145,187) (201,917) (334,709)
Amortization of borrowings and financing (6,927,383) (9,892,344) (10,782,858)
Amortization of leases (308,201) (239,909) (155,995)
Dividends and interest on shareholder’s equity  (2,535,325) (3,980,871) (3,756,738)
Share repurchase (336,162)   (410,568)
Net cash (used in) generated by financing activities (103,832) 1,323,583 4,747,026
Exchange rate changes on cash and cash equivalents of foreign subsidiaries (162,959) 27,797 9,589
Increase (decrease) in cash and cash equivalents 7,263,979 4,054,862 (4,655,124)
Cash and equivalents at the beginning of the year 16,046,218 11,991,356 16,646,480
Cash and equivalents at the end of the year R$ 23,310,197 R$ 16,046,218 R$ 11,991,356