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Inventories (Tables)
12 Months Ended
Dec. 31, 2022
Inventories  
Schedule of inventories

 

December 31, 2022

 

 

December 31, 2021


Finished products (i)

160,519

 

 

160,318


Work in process

73,993

 

 

51,152


Raw materials

30,773

 

 

27,081


Imports in progress

347

 

 

1,681


Right to returned goods (ii)

818

 

 

2,131


 

266,450

 

 

242,363


 

(i)

These amounts are net of slow-moving items and net realizable value.

(ii)

Represents the Company’s right to recover products from customers when customers exercise their right of return under the Company’s returns policies, where the Company estimates the volume of goods returned based on experience and foreseen expectations.

Schedule of changes in provision for inventories

 

December 31, 2022

 

 

December 31, 2021

 

 

December 31, 2020


Opening balance

58,723

 

 

62,210

 

 

69,080


Additions

46,138

 

 

24,178

 

 

8,783


(Reversals)

(5,214

)

 

(2,061

)

 

(4,726

)

   Inventory losses (i)

(15,598

)

 

(25,604

)

 

(10,927

)

Closing balance

84,049

 

 

58,723

 

 

62,210



(i)

Refers substantially to physical books destroyed, previously provisioned, due to indication of damage or obsolescence caused by changes in the educational content during the school year.