NOTE 6 - INVENTORIES
|
|
|
2017 |
|
2016 |
|
|
Finished products |
|
3,026,556 |
|
2,987,785 |
|
|
Work in progress |
|
1,302,152 |
|
1,201,327 |
|
|
Raw materials |
|
1,703,013 |
|
1,487,971 |
|
|
Storeroom supplies |
|
298,100 |
|
430,731 |
|
|
Imports in transit |
|
375,139 |
|
253,729 |
|
|
(-) Allowance for adjustments to net realizable value |
|
(3,556 |
) |
(28,813 |
) |
|
|
|
|
|
|
|
|
|
|
6,701,404 |
|
6,332,730 |
|
|
|
|
|
|
|
|
The allowance for adjustment to net realizable value of inventories, on which the provision and write-offs are registered with impact on cost of sales, is as follows:
|
Balance as of January 1, 2015 |
|
(66,363 |
) |
|
|
|
|
|
|
Provision for the year |
|
(54,987 |
) |
|
Reversal of adjustments to net realizable value |
|
37,451 |
|
|
Exchange rate variation |
|
(17,222 |
) |
|
|
|
|
|
|
Balance as of December 31, 2015 |
|
(101,121 |
) |
|
|
|
|
|
|
Provision for the year |
|
(62,899 |
) |
|
Reversal of adjustments to net realizable value |
|
94,391 |
|
|
Loss of contro by selling of subsidiary |
|
30,105 |
|
|
Exchange rate variation |
|
10,711 |
|
|
|
|
|
|
|
Balance as of December 31, 2016 |
|
(28,813 |
) |
|
|
|
|
|
|
Provision for the year |
|
(26,545 |
) |
|
Reversal of adjustments to net realizable value |
|
46,740 |
|
|
Loss of control by joint venture creation (note 3.4) |
|
392 |
|
|
Assets held for sale (note 3.4) |
|
881 |
|
|
Exchange rate variation |
|
3,789 |
|
|
|
|
|
|
|
Balance as of December 31, 2017 |
|
(3,556 |
) |
|
|
|
|
|