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13. INTANGIBLE ASSETS (Tables) | 12 Months Ended
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Dec. 31, 2020
Intangible assets and goodwill [abstract] |
Schedule of changes in intangible assets and goodwill | The intangible assets rollforward is set forth below:
| Average rate (1) |  | 12.31.19 |  | Additions |  | Disposals |  | Transfers (2) |  | Exchange rate variation |  | 12.31.20
Cost |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  |  | 2,713,602 |  | - |  | - |  | (6,970) |  | 228,945 |  | 2,935,577
Trademarks |  |  | 1,322,262 |  | - |  | - |  | - |  | 5,476 |  | 1,327,738
Non-compete agreement |  |  | 99,229 |  | 413 |  | (379) |  | - |  | 7,899 |  | 107,162
Outgrowers relationship |  |  | 14,604 |  | - |  | (9,276) |  | - |  | - |  | 5,328
Patents |  |  | 6,305 |  | - |  | (115) |  | - |  | 15 |  | 6,205
Customer relationship |  |  | 892,758 |  | - |  | - |  | - |  | 174,955 |  | 1,067,713
Software |  |  | 523,615 |  | 73,423 |  | (45,851) |  | 97,117 |  | 8,951 |  | 657,255
Intangible in progress |  |  | 12,151 |  | 95,111 |  | - |  | (61,434) |  | 226 |  | 46,054
|  |  | 5,584,526 |  | 168,947 |  | (55,621) |  | 28,713 |  | 426,467 |  | 6,153,032
Amortization |  |  |  |  |  |  |  |  |  |  |  |  |
Non-compete agreement | 23.41% |  | (74,190) |  | (18,784) |  | 379 |  | - |  | (4,813) |  | (97,408)
Outgrowers relationship | 12.75% |  | (12,744) |  | (1,030) |  | 9,079 |  | - |  | - |  | (4,695)
Patents | 10.00% |  | (5,626) |  | (476) |  | 115 |  | - |  | (12) |  | (5,999)
Customer relationship | 7.35% |  | (242,263) |  | (79,969) |  | - |  | - |  | (52,899) |  | (375,131)
Software | 34.22% |  | (341,624) |  | (153,288) |  | 43,718 |  | 9,562 |  | (8,065) |  | (449,697)
|  |  | (676,447) |  | (253,547) |  | 53,291 |  | 9,562 |  | (65,789) |  | (932,930)
|  |  | 4,908,079 |  | (84,600) |  | (2,330) |  | 38,275 |  | 360,678 |  | 5,220,102
(1) | Weighted average annual rate.
(2) | Related to transfer of R$6,970 to assets held for sales.
| Average rate (1) |  | 12.31.18 |  | Initial adoption IFRS 16 |  | Additions |  | Disposals |  | Transfers |  | Exchange rate variation |  | 12.31.19
Cost |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill for future profitability |  |  | 2,694,967 |  | - |  | - |  | - |  | - |  | 18,635 |  | 2,713,602
Trademarks |  |  | 1,336,162 |  | - |  | - |  | - |  | - |  | (13,900) |  | 1,322,262
Non-compete agreement |  |  | 90,012 |  | - |  | 8,105 |  | - |  | - |  | 1,112 |  | 99,229
Outgrowers relationship |  |  | 15,022 |  | - |  | - |  | (418) |  | - |  | - |  | 14,604
Patents |  |  | 6,066 |  | - |  | - |  | - |  | 235 |  | 4 |  | 6,305
Customer relationship |  |  | 896,039 |  | - |  | - |  | - |  | - |  | (3,281) |  | 892,758
Software |  |  | 491,830 |  | 61 |  | 38,259 |  | (95,275) |  | 87,576 |  | 1,164 |  | 523,615
Intangible in progress |  |  | - |  | - |  | 47,422 |  | - |  | (35,294) |  | 23 |  | 12,151
|  |  | 5,530,098 |  | 61 |  | 93,786 |  | (95,693) |  | 52,517 |  | 3,757 |  | 5,584,526
Amortization |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Non-compete agreement | 33.67% |  | (45,802) |  | - |  | (27,811) |  | - |  | - |  | (577) |  | (74,190)
Outgrowers relationship | 13.02% |  | (11,552) |  | - |  | (1,546) |  | 354 |  | - |  | - |  | (12,744)
Patents | 19.05% |  | (5,149) |  | - |  | (470) |  | - |  | - |  | (7) |  | (5,626)
Customer relationship | 7.31% |  | (172,450) |  | - |  | (67,137) |  | - |  | - |  | (2,676) |  | (242,263)
Software | 23.18% |  | (275,747) |  | - |  | (141,925) |  | 77,027 |  | (10) |  | (969) |  | (341,624)
|  |  | (510,700) |  | - |  | (238,889) |  | 77,381 |  | (10) |  | (4,229) |  | (676,447)
|  |  | 5,019,398 |  | 61 |  | (145,103) |  | (18,312) |  | 52,507 |  | (472) |  | 4,908,079
| (1) | Weighted average annual rate.
Schedule of pre tax rates | The discount rate used by Management to prepare discounted cash flows varied from 11.21% p.a. to 13.22% p.a. according to the CGU. The assumptions presented in the table below were also adopted:
|  | 2021 |  | 2022 |  | 2023 |  | 2024 |  | 2025
Inflation Brazil |  | 2.84% |  | 3.50% |  | 3.56% |  | 3.55% |  | 3.40%
Inflation - United States |  | 2.59% |  | 2.56% |  | 2.53% |  | 2.51% |  | 2.48%
Exchange rate - BRL / USD |  | 4.89 |  | 4.32 |  | 4.07 |  | 3.95 |  | 3.87
Schedule of variations in the EBIT margin and WACC | In addition to the analysis mentioned above, Management prepared a deterministic sensitivity analysis considering the variations in the Earnings Before Interest and Tax (“EBIT”) margin and in the nominal discount rate as presented below:
|  |  | Variations |  |
Apreciation (devaluation) | 1.0% |  | 0.0% |  | (1.0%)
BRAZIL CGU |  |  |  |  |
Discount rate | 14.22% |  | 13.22% |  | 12.22%
Ebit Margin | 13.76% |  | 12.76% |  | 11.76%
INTERNATIONAL CGU´s |  |  |  |  |
Discount rate | 12.21% |  | 11.21% |  | 10.21%
Ebit Margin | 11.77% |  | 10.77% |  | 9.77%

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