XML 143 R119.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Current and Deferred Income Tax and Social Contribution (Details 2) - BRL (R$)
R$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Changes in deferred income tax and social contribution assets and liabilities    
Deferred Assets, net at beginning of period R$ 170,851 R$ 130,405
Deferred tax on business combination (1,794)  
Effect on profit and loss 36,396 40,446
Deferred Assets, net at end of period R$ 205,453 170,851
Maximum limit for offsetting tax loss carry-forwards as percentage of taxable profit 30.00%  
Estimated period for tax benefit is expected to be realized from 2026 6 years  
Income tax and social contribution losses carryforwards    
Changes in deferred income tax and social contribution assets and liabilities    
Deferred Assets, net at beginning of period R$ 422,240 [1] 307,319
Deferred tax on business combination [1] 0  
Effect on profit and loss 172,121 [1] 114,921
Deferred Assets, net at end of period [1] 594,361 422,240
Impairment losses on trade receivables    
Changes in deferred income tax and social contribution assets and liabilities    
Deferred Assets, net at beginning of period 20,472 13,010
Deferred tax on business combination 0  
Effect on profit and loss 7,540 7,462
Deferred Assets, net at end of period 28,012 20,472
Provision for obsolete inventories    
Changes in deferred income tax and social contribution assets and liabilities    
Deferred Assets, net at beginning of period 3,346 (1,262)
Deferred tax on business combination 0  
Effect on profit and loss (247) 4,608
Deferred Assets, net at end of period 3,099 3,346
Imputed interest on suppliers    
Changes in deferred income tax and social contribution assets and liabilities    
Deferred Assets, net at beginning of period (5,548) (2,157)
Deferred tax on business combination 0  
Effect on profit and loss 4,342 (3,391)
Deferred Assets, net at end of period (1,206) (5,548)
Provision for risks of tax, civil and labor losses    
Changes in deferred income tax and social contribution assets and liabilities    
Deferred Assets, net at beginning of period 20,445 20,025
Deferred tax on business combination 0  
Effect on profit and loss (31,382) 420
Deferred Assets, net at end of period (10,937) 20,445
Refund liabilities and right to returned goods    
Changes in deferred income tax and social contribution assets and liabilities    
Deferred Assets, net at beginning of period 15,818 9,470
Deferred tax on business combination 0  
Effect on profit and loss (7,397) 6,348
Deferred Assets, net at end of period 8,421 15,818
Temporary Differences of Right of Use Assets and Lease Liabilities [Member]    
Changes in deferred income tax and social contribution assets and liabilities    
Deferred Assets, net at beginning of period 7,936 6,660
Effect on profit and loss   1,276
Deferred Assets, net at end of period   7,936
Right of use assets [member]    
Changes in deferred income tax and social contribution assets and liabilities    
Deferred Assets, net at beginning of period 50,531  
Deferred tax on business combination 0  
Effect on profit and loss (19,230)  
Deferred Assets, net at end of period 31,301 50,531
Lease Liabilities    
Changes in deferred income tax and social contribution assets and liabilities    
Deferred Assets, net at beginning of period (42,595)  
Deferred tax on business combination 0  
Effect on profit and loss 16,911  
Deferred Assets, net at end of period (25,684) (42,595)
Fair value adjustments on business combination and goodwill amortization    
Changes in deferred income tax and social contribution assets and liabilities    
Deferred Assets, net at beginning of period [3] (358,454) [2] (248,628)
Deferred tax on business combination [2] (1,794)  
Effect on profit and loss (110,094) [2] (109,826) [3]
Deferred Assets, net at end of period [2] (470,342) (358,454) [3]
Other temporary difference    
Changes in deferred income tax and social contribution assets and liabilities    
Deferred Assets, net at beginning of period 44,596 25,968
Deferred tax on business combination 0  
Effect on profit and loss 3,832 18,628
Deferred Assets, net at end of period R$ 48,428 R$ 44,596
[1] The Company’s income tax and social contribution loss carryforwards are primarily the result of tax amortization of goodwill and the amortization of certain intangibles recognized related to the business combination in 2018. In accordance with Brazilian tax regulation, tax loss carryforwards have a limitation for use of 30% of taxable profit generated in each year and do not expire. The tax benefit is expected to be realized over an estimated 6-year period beginning in 2026.
[2] Goodwill and fair value adjustments on business combination comprise three components, being (i) goodwill and fair value adjustment of prior business combination by Somos; (ii) amortization of fair value adjustment related to acquisition of the company; and (iii) deductibility of the acquisition goodwill for tax purposes as allowed by tax law.
[3] Goodwill and fair value adjustments on business combination comprise three components, being (i) goodwill and fair value adjustment of prior business combination by predecessor Somos Anglo; (ii) amortization of fair value adjustment related to acquisition of the predecessor Somos Anglo by the successor Vasta; and (iii) deductibility of the acquisition goodwill for tax purpose allowed by tax law.