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LOANS AND BORROWINGS (Tables)
 12 Months Ended
Dec. 31, 2021
Schedule of loan and financing

  Charges (p.a.)   Average rate (1)   WAMT (2)   12.31.20   Borrowing   Business combination (note 1.2)   Amortization   Interest paid   Interest accrued   Exchange rate variation   12.31.21
Local currency                                          
Working capital  Fixed / CDI     5.24%
(3.25% on 12.31.20) 		     0.7   368,681   400,000     25,950    (389,734)   (11,910)    13,975    -   406,962
Certificate of agribusiness receivables (3)  IPCA     16.57%
(10.21% on 12.31.20) 		     2.0   821,093    -    -    -     95   146,760    -   967,948
Development bank credit lines  TJLP / TLP/ IPCA / FINAME     3.12%      3.7    -    -   9,006     (1,351)   (87)   111    -   7,679
Debentures  CDI / IPCA     15.54%
(8.28% on 12.31.20) 		     7.3   3,022,005   965,549    -    -    (188,668)   411,129    -   4,210,015
Export credit facility (4)  Fixed / CDI / FX USD     10.87% (3.69% on 12.31.20)      4.2   2,408,697   937,250     20,456     (5,632)    (117,679)   122,510   150,671   3,516,273
                                           
Fiscal incentives  Fixed     2.40%
(2.40% on 12.31.20) 		     -    44,816    82,064    -    (123,236)     (797)   754    -   3,601
              6,665,292   2,384,863     55,412    (519,953)    (319,046)   695,239   150,671   9,112,478
                                           
Foreign currency                                          
Bonds  Fixed / FX USD and EUR     4.82%
(4.81% on 12.31.20) 		   11.6    14,829,993    -    -    (314,806)    (790,836)   888,804   930,857    15,544,012
Export credit facility  Fixed / LIBOR / FX USD     3.43% (3.13% on 12.31.20)      1.3   392,636    -     30,476    (138,870)   (10,867)    10,466    27,544   311,385
Advances for foreign exchange rate contracts  Fixed / FX USD    -     -    -   249,000   2,672    (249,000)     (1,182)   1,363   250   3,103
Working capital  Fixed / FX TRY and USD     13.35% (10.98% on 12.31.20)      1.5   516,505   356,919     29,555    (172,718)   (71,436)    85,339    (259,112)   485,052
                                           
               15,739,134   605,919     62,703    (875,394)    (874,321)   985,972   699,539    16,343,552
               22,404,426   2,990,782   118,115    (1,395,347)    (1,193,367)   1,681,211   850,210    25,456,030
                                           
Current             1,059,984                           3,203,068
Non-current              21,344,442                            22,252,962
(1)Weighted average annual rate.
(2)Weighted average maturity in years.
(3)The Certificate of Agribusiness Receivable (“CRA”) issued by the Company are backed by receivables of BRF S.A. from certain subsidiaries abroad.
(4)On December 31, 2021, includes the amount of R$2,160,061 (R$2,408,697 on December 31, 2020) referring to an Export Credit Facility issued in Reais simultaneously and in connection with a foreign exchange rate swap, resulting essentially in a net cash flow in U.S. Dollars. As the transactions are inseparable, both are recorded together under Loans and Borrowings by their amortized cost.

 

 

  Charges (p.a.)   Average rate   WAMT   12.31.19   Borrowing   Amortization   Interest paid   Interest accrued   Exchange rate variation   12.31.20
Local currency                                      
Working capital  Fixed / CDI     3.25%
(6.07% on 12.31.19) 		        0.6            3,312,639            1,200,000          (3,947,237)             (340,227)               143,506                         -               368,681
Certificate of agribusiness receivables  CDI / IPCA     10.21%
(6.73% on 12.31.19) 		        3.0            1,597,447                         -             (780,000)             (100,932)               104,578                         -               821,093
Development bank credit lines  Fixed / Selic / TJLP     (5.09% on 12.31.19)            -                45,516                         -               (45,470)                    (427)                     381                         -                         -
Debentures  CDI / IPCA     8.28%
(7.40% on 12.31.19) 		        7.7               755,760            2,124,725                         -               (38,339)               179,859                         -            3,022,005
Export credit facility  Fixed / CDI / USD     3.69% (5.83% on 12.31.19)         6.8            1,612,365            1,490,809          (1,113,176)             (111,498)               152,968               377,229            2,408,697
Special program asset restructuring  IGPM     (12.22% on 12.31.19)            -               284,308                         -             (287,621)                 (5,142)                  8,455                         -                         -
                                       
Fiscal incentives  Fixed     2.40%
(2.40% on 12.31.19) 		           -                  5,720                73,671               (34,609)                    (667)                     701                         -                44,816
                       7,613,755            4,889,205          (6,208,113)             (597,232)               590,448               377,229            6,665,292
                                       
Foreign currency                                      
Bonds  Fixed / USD / EUR     4.81%
(4.36% on 12.31.19) 		      12.4          10,407,484            4,282,961          (3,010,421)             (760,879)               881,137            3,029,711          14,829,993
Export credit facility  Fixed / LIBOR / USD     3.13% (5.77% on 12.31.19)         2.2               407,275                         -             (118,113)               (20,686)                17,627               106,533               392,636
Advances for foreign exchange rate contracts  Fixed / USD                                   -           -                         -               529,211             (529,210)                         -                         -                       (1)                         -
Working capital  Fixed / TRY     10.98% (16.56% on 12.31.19)         1.2               191,765               718,956             (381,502)               (42,742)                46,704               (16,676)               516,505
                                       
                     11,006,524            5,531,128          (4,039,246)             (824,307)               945,468            3,119,567          15,739,134
                     18,620,279          10,420,333         (10,247,359)          (1,421,539)            1,535,916            3,496,796          22,404,426
                                       
Current                      3,132,029                                1,059,984
Non-current                    15,488,250                              21,344,442
Schedule of loan and financing

12.31.21
Operation   Series   Issue date   Maturity   Rate   Notional   Updated Value
Debenture - 3rd Issue   1st Series   06.02.21   05.14.31   IPCA + 4.78% p.a.           1,000,000           1,034,706
Schedule of commitment for purchase goods and services

  12.31.21   12.31.20
Total loans and borrowings        25,456,030          22,404,426
Mortgage guarantees               20,343                 44,816
Related to FINAME               16,742                         -
Related to tax incentives and other                3,601                 44,816