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v3.23.1

Financial Instruments by Category (Tables) | 12 Months Ended
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Dec. 31, 2022
Financial Instruments by Category |
Schedule of financial instruments by category | The Company holds the following financial instruments:
| Hierarchy |  | December 31, 2022 |  | December 31, 2021
Assets - Amortized cost |  |  |  |  |
Cash and cash equivalents |  |  | 45,765 |  | 309,893
Marketable securities |  |  | - |  | 166,349
Trade receivables |  |  | 649,135 |  | 505,514
Other receivables |  |  | 972 |  | 2,105
Related parties – other receivables |  |  | 1,759 |  | 501
|  |  | 697,631 |  | 984,362
Assets - Fair value through profit or loss |  |  |  |  |
Marketable securities | 1 |  | 380,514 |  | -
Other investments and interests in entities |  |  | 8,272 |  | -
|  |  | 388,786 |  | -
Liabilities - Amortized cost |  |  |  |  |
Bonds and financing |  |  | 842,996 |  | 831,226
Lease liabilities |  |  | 140,563 |  | 160,542
Reverse factoring |  |  | 155,469 |  | 97,619
Suppliers |  |  | 250,647 |  | 167,168
Accounts payable for business combination and acquisition of associates |  |  | 569,360 |  | 497,187
Accounts payable for business combination and acquisition of associates (i) | 3 |  | 55,917 |  | 35,126
Other liabilities - related parties |  |  | 54 |  | 39,271
|  |  | 2,015,006 |  | 1,828,139
i) | Refers to a portion of the liability remeasured based on economic activity of the acquired entity (post-closing price adjustments).
Schedule of valuation techniques and significant unobservable inputs | The following table shows the valuation techniques used in measuring level 3 fair values, as well as the significant unobservable inputs used:
Entities |  | Valuation technique |  | Significant unobservable inputs |  | Inter-relationship between key unobservable inputs and fair value measurement
Phidelis |  | Discounted cash flows: The valuation model considers the present value of the net cash flows expected to be generated by the operation (net revenue). |  | 1. The achievement of financial targets are linked to net revenue of the years 2023 and 2024. 2.Revenue: we consider for the revenue projection the continuity of old contracts and new contracts with average annual revenue growth of 21.1%. |  | The estimated fair value would increase (decrease) if: - Any product is no longer monetized (lower) - The risk-adjusted discount rates were lower (higher)
SEL |  | Discounted cash flows: The valuation model considers the present value of the net cash flows expected to be generated by the operation (net revenue). |  | 1. Renewal, in writing, to the year 2023 and 2024, of the Structured Teaching Program Contract; or 2. Entering a new contract, in writing, with SESI effective for the year 2024, with or without the need for bidding, so that the Buyer continues to provide in the year of 2024 services to SESI, according to the specific scope to be defined by SESI (“Renovation Structured Teaching Program 2024”). |  | The estimated fair value would increase (decrease) if: - No contract renewal (lower)
Redação Nota 1000 |  | Discounted cash flows: The valuation model considers the present value of the net cash flows expected to be generated by the operation (net revenue). |  | 1. Net Revenue Target 2023: R$3,952 2. (i) 2023 Net Revenue equal to or greater than R$3,952 so = 100%, (ii) 2023 Net Revenue equal to or greater than R$2,799 and less than R$3,952 so 70%, (iii) 2023 Net Revenue equal to or greater than R$ 2,659 and less than R$2,799 so 60%, (iv) 2023 Net Revenue equal to or greater than R$2,379 and less than R$2,659 so, 40%, and (v) Net Revenue less than R$2,379 so 0%. |  | Not applicable.
Educbank |  | Discounted cash flows: The valuation model considers the present value of the net cash flows expected to be generated by the operation (students enrolled). |  | 1. Reaching 25,000 new students effectively hired, as determined after issuing bank slips, in relation to the Company's services 2. Reaching 37,000 new students effectively hired, as determined after issuing bank slips, in relation to the Company's services. |  | The estimated fair value would increase (decrease) if: - Not applicable.

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