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2 Significant accounting policies (Tables)
 12 Months Ended
Dec. 31, 2020
Significant Accounting Policies [Abstract]  
Schedule of subsidiaries, joint ventures and joint operations

The table below list the Company’s subsidiaries and associate:

 

        Direct and indirect interest  
Name Principal activities Location Investment type December 31, 2020 December 31, 2019 December 31, 2018
Afya Participações S.A. (Afya Brazil) Holding Nova Lima - MG Subsidiary 100% 100% 100%
Instituto Tocantinense Presidente Antônio Carlos Porto S.A. – (“ITPAC Porto”) Undergraduate and graduate degree programs Porto Nacional - TO Subsidiary 100% 100% 100%
Instituto Tocantinense Presidente Antônio Carlos S.A. – (“ITPAC Araguaina”) Undergraduate and graduate degree programs Araguaína - TO Subsidiary 100% 100% 100%
União Educacional do Vale do Aço S.A. – (“UNIVAÇO”) Undergraduate and graduate degree programs Ipatinga - MG Subsidiary 100% 100% 76%
IPTAN - Instituto de Ensino Superior Presidente Tancredo de Almeida Neves S.A. (“IPTAN”) Undergraduate and graduate degree programs São João Del Rei - MG Subsidiary 100% 100% 100%
Instituto de Educação Superior do Vale do Parnaíba S.A. (“IESVAP”) Undergraduate and graduate degree programs Parnaíba - PI Subsidiary 80% 80% 80%
Centro de Ciências em Saúde de Itajubá S.A. (“CCSI”) Undergraduate and graduate degree programs Itajubá - MG Subsidiary 60% 60% 60%
Instituto de Ensino Superior do Piauí S.A. (”IESP”) Undergraduate and graduate degree programs Teresina - PI Subsidiary 100% 100% 80%
RD Administração e Participações Ltda. (“RD”) **** Holding Pato Branco - PR Subsidiary - 100% 100%
FADEP - Faculdade Educacional de Pato Branco Ltda. (“FADEP”) Undergraduate and graduate degree programs Pato Branco - PR Subsidiary 100% 100% 100%
CBB Web Serviços e Transmissões Online S.A. (“CBBW”)*** Medical education courses and online platform São Paulo - SP Subsidiary - 100% -
Medcel Editora e Eventos S.A. (“Medcel”) Medical education content São Paulo - SP Subsidiary 100% 100% -
Instituto Educacional Santo Agostinho S.A. (“FASA”) Undergraduate and graduate degree programs Montes Claros - MG Subsidiary 100% 100% -
ESMC Educação Superior Ltda.* Undergraduate and graduate degree programs Montes Claros - MG Subsidiary 100% - -
Instituto de Pesquisa e Ensino Médico do Estado de Minas Gerais Ltda. (“IPEMED”) Post-graduate Belo Horizonte - MG Subsidiary 100% 100% -
Instituto Paraense de Educação e Cultura Ltda (“IPEC”) Undergraduate and graduate degree programs Marabá - PA Subsidiary 100% 100% -
Sociedade Universitária Redentor S.A. (“UniRedentor”) ** Undergraduate and graduate degree programs Itaperuna - RJ Subsidiary 100% - -
Centro Universitário São Lucas Ltda. (“UniSL”) ** Undergraduate and graduate degree programs Porto Velho - RO Subsidiary 100% - -
PEBMED Instituição de Pesquisa Médica e Serviços Tecnológicos da Área da Saúde S.A. (“PEBMED”)** Content and clinical tools and online platform Rio de Janeiro – RJ Subsidiary 100% - -
Centro Superior de Ciências da Saúde S/S Ltda. ("FCMPB") Undergraduate and graduate degree programs João Pessoa – PB Subsidiary 100% - -
Faculdade de Ensino Superior da Amazônia Reunida – (“FESAR”) Undergraduate and graduate degree programs Redenção – PA Subsidiary 100% - -
MedPhone Tecnologia em Saúde Ltda. (“MedPhone”) Content and clinical tools and online platform Recife – PE Subsidiary 100% - -
União Educacional do Planalto Central S.A. (“UEPC”) Undergraduate and graduate degree programs Brasília - DF Associate 30% 30% -

 

*       On January 1, 2020, Afya Brazil incorporated ESMC Educação Superior Ltda. (“ESMC”) and transferred the two FASA campuses located in the State of Minas Gerais, which do not offer medicine courses, to ESMC. This spin-off did not have an impact on the consolidated financial statements.

**       See Note 5.1 for further details on the business combinations during 2020.

***       CBBW was merged by Medcel on May 1, 2020.

****       RD Administração e Participações Ltda was merged by Afya Brazil on December 15, 2020.
Schedule of estimated useful lives

Depreciation is calculated on a straight-line basis over the estimated useful lives of the assets, as follows:

 

Building 25 years
Machinery and equipment 10 years
Vehicles 4 years
Furniture and fixtures 10 years
IT equipment 5 years
Library books 10 years
Laboratories and clinics 10 years
Leasehold improvements 20 years