v3.22.4
TRADE RECEIVABLES (Tables)
 12 Months Ended
Dec. 31, 2022
IfrsStatementLineItems [Line Items]  
Schedule of current trade receivables
   
  2022 2021
Trade receivables  5,737.5   5,304.7 
Bad debt provision  (679.1)  (668.3)
Net, trade receivables   5,058.4   4,636.4 
Related parties (Note 31)  290.7   155.2 
Total current trade receivables   5,349.1   4,791.6 
Schedule of changes in bad debt provision
               
  Net carrying amount as of December 31, No past due Past due – within 30 days Past due – between 31 - 60 days  Past due – between 61 - 90 days Past due – between 91 - 180 days Past due – between 181 - 360 days Past due over 360 days
Trade receivables 5,737.5 4,573.0 343.8 100.5 49.4 19.3 40.2 611.3
Bad debt provision (679.1) - - (0.3) (10.8) (16.5) (40.2) (611.3)
2022 5,058.4 4,573.0 343.8 100.2 38.6 2.8 - -
   
Trade receivables 5,304.7 4,201.9 358.2 52.1 31.5 21.6 33.8 605.6
Bad debt provision (668.3) (10.4) - - (2.3) (16.2) (33.8) (605.6)
2021 4,636.4 4,191.5 358.2 52.1 29.2 5.4 - -

 

The changes in bad debt provision, are as follows:

 

 
At December 31, 2020  (676.5)
Effects of movements in foreign exchange in the balance sheet  (5.2)
Provisions  (32.4)
Reversals  21.7 
Write-off  24.1 
At December 31, 2021  (668.3)
Effects of movements in foreign exchange in the balance sheet  14.0 
Provisions  (47.0)
Reversals  1.7 
Write-off  20.5 
At December 31, 2022  (679.1)
Schedule of changes in bad debt provision
           
  Balance as of December 31, 2020 Effect of changes in foreign exchange rates Additions Provisions used  Provisions reversed Balance as of December 31, 2021
 
Provision for disputes and litigation  
Taxes on sales  184.1   -     198.5   (57.3)  (106.7)  218.6 
Labor  129.9   (0.8)  163.1   (147.2)  (20.8)  124.2 
Civil  86.8   (2.2)  273.9   (71.8)  (33.8)  252.9 
Other taxes  156.7   2.0   14.6   (5.2)  (5.1)  163.0 
Total provision for disputes and litigation  557.5   (1.0)  650.1   (281.5)  (166.4)  758.7 
 
Restructuring  14.5   1.2   6.8   (5.1)  -     17.4 
             
Total provisions  572.0   0.2   656.9   (286.6)  (166.4)  776.1 

 

  Balance as of December 31, 2021 Effect of changes in foreign exchange rates Additions Provisions used  Provisions reversed Balance as of December 31, 2022
             
Provision for disputes and litigation    
Taxes on sales  218.6   -     157.6   (85.8)  (43.3)  247.1 
Labor  124.2   (4.6)  194.2   (162.0)  (19.7)  132.1 
Civil  252.9   (17.5)  312.7   (196.6)  (15.6)  335.9 
Other taxes  163.0   (8.1)  60.1   (7.2)  (15.0)  192.8 
Total provision for disputes and litigation  758.7   (30.2)  724.6   (451.6)  (93.6)  907.9 
 
Restructuring  17.4   (2.0)  -     (3.6)  -     11.8 
             
Total provisions  776.1   (32.2)  724.6   (455.2)  (93.6)  919.7 
Bad Debt Provision [Member]  
IfrsStatementLineItems [Line Items]  
Schedule of changes in bad debt provision
 
At December 31, 2020  (676.5)
Effects of movements in foreign exchange in the balance sheet  (5.2)
Provisions  (32.4)
Reversals  21.7 
Write-off  24.1 
At December 31, 2021  (668.3)
Effects of movements in foreign exchange in the balance sheet  14.0 
Provisions  (47.0)
Reversals  1.7 
Write-off  20.5 
At December 31, 2022  (679.1)