Note 30 - Cash flow disclosures

12 Months Ended

Dec. 31, 2023

30 Cash flow disclosures

		Year ended December 31,
		2023		2022		2021
(i)	Changes in working capital ^(*)
	Inventories	186,903		(1,329,865	)	(1,085,024	)
	Receivables and prepayments and current tax assets	64,000		(155,449	)	(79,912	)
	Trade receivables	153,920		(1,208,278	)	(356,069	)
	Other liabilities	28,275		57,389		4,892
	Customer advances	(101,646	)	151,066		44,661
	Trade payables	(149,024	)	353,892		399,988
		182,428		(2,131,245	)	(1,071,464	)
(ii)	Income tax accruals less payments
	Tax accrued	674,956		617,236		189,448
	Taxes paid	(818,347	)	(359,585	)	(153,846	)
		(143,391	)	257,651		35,602
(iii)	Interest accruals less payments, net
	Interest accrued, net	(106,612	)	(34,080	)	(14,371	)
	Interest received	147,473		68,335		24,567
	Interest paid	(94,341	)	(32,775	)	(21,559	)
		(53,480	)	1,480		(11,363	)

(*) Changes in working capital do not include non-cash movements due to the variations in the exchange rates used by subsidiaries with functional currencies different from the U.S. dollar.