01.

Demonstração do Resultado - Consolidado

(em milhares de Reais) 2T23

Receita operacional líquida 1,319,629
Custo dos produtos vendidos (827,401)
Lucro bruto 492,228
Despesas com vendas (65,426)
Despesas administrativas (106,970)
Outras receitas (despesas) operacionais, líquidas (14,238)
Resultado de equivalência patrimonial 5,725
Perda pela não Recuperabilidade de Ativos -
Ajuste de preço de aquisição -
Resultado na Combinação de Negócios -
Lucro antes do resultado financeiro, imposto de renda e contribuição social 311,319
Receitas (Despesas) financeiras líquidas 47,554
Receitas financeiras 77,415
Despesas financeiras (29,861)
Lucro antes do impostos de renda e da contribuição social 358,873
Imposto de renda e contribuição social (corrente) ou diferido (172,537)
Lucro líquido do exercício 186,336
 1T23 2022 4T22 3T22 2T22 1T22 2021
1,567,754 7,270,406 1,435,972 1,942,825 2,001,140 1,890,469 6,289,369
(955,304) (4,015,101) (930,279) (1,115,842) (1,021,013) (947,967) (3,486,604)
612,450 3,255,305 505,693 826,983 980,127 942,502 2,802,765
(61,217) (272,527) (69,425) (69,438) (65,953) (67,711) (197,736)
(104,818) (507,986) (155,347) (160,701) (104,325) (87,614) (409,025)
(13,363) (111,306) (58,500) (23,721) (14,510) (14,573) 303,047
259 16,772 1,115 13,852 4,049 (2,245) (2,534)
- - - - - - -
- - - - - - 447,971
- - - - - - -
433,311 2,380,258 223,536 586,975 799,388 770,359 2,944,488
24,468 (328,268) 26,103 (316,159) 29,896 (68,109) 90,835
80,289 (21,412) 38,954 (240,264) 169,922 9,975 497,639
(55,821) (306,856) (12,851) (75,895) (140,026) (78,084) (406,804)
457,779 2,051,990 249,639 270,816 829,284 702,250 3,035,323
(204,818) (717,687) (101,309) (73,026) (290,134) (253,220) (1,031,490)
252,961 1,334,303 148,330 197,790 539,150 449,030 2,003,833
 4T21 3T21 2T21 1T21 2020 4T20 3T20 2T20
2,019,356 1,791,907 1,161,490 1,316,616 3,868,223 1,153,105 1,176,875 736,563
(1,082,146) (1,044,700) (680,728) (679,030) (2,533,636) (650,249) (765,138) (526,406)
937,210 747,207 480,762 637,586 1,334,587 502,856 411,737 210,157
(61,657) (56,739) (40,617) (38,723) (175,387) (32,121) (50,850) (44,117)
(154,381) (100,584) (79,496) (74,564) (381,393) (108,358) (83,878) (74,894)
(79,949) 375,667 16,117 (8,788) (26,945) (4,137) (13,160) (4,514)
(90) (1,222) (616) (606) (2,342) (1,086) (386) (290)
- - - - - - - -
447,971 - - - - - - -
- - - - - - - -
1,089,104 964,329 376,150 514,905 748,520 357,154 263,463 86,342
(46,038) 145,825 76,147 (85,099) (147,363) 37,614 (56,703) (27,531)
86,914 261,955 83,207 65,563 140,132 (40,251) 24,924 57,920
(132,952) (116,130) (7,060) (150,662) (287,495) 77,865 (81,627) (85,451)
1,043,066 1,110,154 452,297 429,806 601,157 394,768 206,760 58,811
(355,070) (322,099) (205,326) (148,995) (230,942) (105,635) (50,484) (39,638)
687,996 788,055 246,971 280,811 370,215 289,133 156,276 19,173
1T20 2019 4T19 3T19 2T19 1T19 2018 4T18
801,680 3,048,730 796,340 731,786 749,008 771,597 3,469,133 922,818
(591,843) (2,231,876) (608,342) (530,950) (545,138) (547,446) (2,209,155) (625,337)
209,837 816,854 187,998 200,836 203,870 224,151 1,259,978 297,481
(48,299) (153,097) (40,995) (33,330) (40,885) (37,886) (151,203) (45,608)
(114,263) (280,737) (80,072) (62,840) (74,482) (63,335) (247,578) (79,249)
(5,134) 21,018 22,403 12,807 (4,834) (9,367) (80,431) (37,691)
(580) (6,507) (7,052) 93 176 277 941 434
- - - - - - - -
- - - - - - 48,935 -
- - - - - - - -
41,561 397,531 82,282 117,566 83,845 113,840 830,642 135,367
(100,743) (140,921) (16,207) (91,984) (27,020) (5,712) (153,905) (3,646)
97,539 140,157 (33,295) 52,210 83,281 43,839 149,363 (31,528)
(198,282) (281,078) 17,088 (144,194) (110,301) (49,551) (303,268) 27,882
(59,182) 256,610 66,075 25,582 56,825 108,128 676,737 131,721
(35,185) (84,252) 71,996 (47,899) (56,409) (51,939) (129,297) 34,131
(94,367) 172,358 138,071 (22,317) 416 56,189 547,440 165,852
3T18 2T18 1T18 2017 4T17 3T17 2T17 1T17
791,052 880,298 874,965 3,019,592 755,805 799,459 741,609 722,721
(473,489) (553,694) (556,635) (2,114,627) (518,742) (571,788) (510,191) (513,906)
317,563 326,604 318,330 904,965 237,063 227,671 231,418 208,815
(30,582) (36,135) (38,879) (175,040) (40,598) (47,840) (42,883) (43,731)
(73,106) (49,483) (45,740) (198,119) (56,180) (45,491) (47,752) (48,697)
(29,847) (977) (11,013) (75,744) (13,283) (4,951) (9,625) (48,194)
(685) (194) 483 1,668 25,400 21,097 (34,576) (9,933)
- - - (27,033) (27,033) - - -
- - 48,935 - - - - -
- - - - - - - -
183,343 239,815 272,116 430,697 125,368 150,486 96,582 58,260
(17,829) (104,943) (27,487) (93,836) (50,234) 1,081 (33,003) (11,680)
84,996 73,410 22,485 75,515 (31,681) 70,222 13,972 23,002
(102,825) (178,353) (49,972) (169,351) (18,553) (69,141) (46,975) (34,682)
165,514 134,872 244,629 336,861 75,134 151,567 63,579 46,580
(19,195) (64,122) (80,111) (30,597) 33,183 (13,221) (36,824) (13,735)
146,319 70,750 164,518 306,264 108,317 138,346 26,755 32,845
 2016
889,706
(502,216)
387,490
(58,995)
(99,173)
(101,535)
(75,431)
-
-
516,010
568,366
(99,759)
33,506
(133,265)
468,607
(187,771)
280,836
02. Balanço Patrimonial - Consolidado

Ativo (em milhares de Reais) 30/06/2023 31/03/2023

Ativo total 5,872,802 6,038,082
Ativo circulante 2,383,709 2,601,945
Caixa e equivalentes de caixa 795,016 1,101,464
Aplicações financeiras 537,079 307,141
Contas a receber 475,070 583,246
Impostos a recuperar 149,461 186,207
Estoques 363,532 370,772
Despesas antecipadas 25163 35,473
Outros ativos circulantes 38,388 17,642
Ativo não circulante 3,489,093 3,436,137
Ativo realizável a longo prazo 657,767 648,841
Aplicações financeiras - -
Contas a receber de clientes - -
Impostos a recuperar 544,261 533,211
Estoques 78,994 81,639
Depósitos judiciais 25,923 25,376
Imposto de renda e contribuição social diferidos - -
Outros ativos não circulantes 8,589 8,615
Investimentos 188,567 192,929
Imobilizado 2,326,820 2,278,610
Intangível 315,939 315,757

Passivo (em milhares de Reais) 30/06/2023 31/03/2023

Passivo total 5,872,802 6,038,082
Passivo circulante 1,191,428 1,213,424
Fornecedores 290,105 332,625
Empréstimos e Financiamentos 295,528 220,019
Obrigações sociais e trabalhistas 125,735 105,671
Obrigações fiscais 198,628 175,600
Dividendos a pagar - -
Demandas judiciais - -
Energia elétrica - -
Débito com terceiros - -
Provisões 25,651 24,818
Outros passivos circulantes 255,781 354,691
 Passivo não circulante 2,043,531 2,228,582
Empréstimos e Financiamentos 1,003,081 1,208,241
Débito com terceiros - -
Imposto de renda e contribuição social - -
Imposto de renda e contribuição social diferidos 786,203 729,230
Provisões 70,416 72,997
Outras obrigações 183,831 218,114
Patrimônio Líquido 2,637,843 2,596,076
Capital social 927,877 927,877
Ações em tesouraria (32,621) (31,039)
Reservas de lucros 928,860 1,010,773
Outras Reservas de Capital 13,266 9,870
Lucros/Prejuízos acumulados 437,446 251,769
Outros resultados abrangentes no período 334,447 388,386
Participação dos Acionistas Não Controladores 28,568 38,440
31/12/2022 30/09/2022 30/06/2022 31/03/2022 31/12/2021 30/09/2021 30/06/2021
5,994,445 6,454,798 6,875,187 6,456,704 6,248,208 6,075,097 4,907,627
2,603,075 3,083,689 3,551,202 3,227,355 2,842,827 2,795,563 2,249,447
402,122 415,016 547,658 330,672 331,177 824,377 760,350
1,011,847 1,207,964 1,530,491 1,534,768 1,291,272 610,296 324,660
541,716 656,955 798,636 747,857 676,256 788,121 583,085
197,299 267,941 126,361 121,897 68,187 127,924 117,932
426,704 508,244 499,658 426,139 442,130 393,899 409,248
2,340 10,886 21,271 27,139 3,113 11,142 16,705
21,047 16,683 27,127 38,883 30,692 39,804 37,467
3,391,370 3,371,109 3,323,985 3,229,349 3,405,381 3,279,534 2,658,180
620,445 642,016 758,091 735,015 832,583 801,780 271,334
- - - - - - -
- - - - - - -
522,120 510,628 615,188 604,216 693,891 671,488 15,042
63,528 66,678 71,337 60,741 62,657 63,532 60,405
26,151 25,638 35,102 34,484 34,232 27,181 53,510
- - - - - - 104,101
8,646 39,072 36,464 35,574 41,803 39,579 38,276
192,650 185,676 107,644 101,207 104,995 103,501 89,211
2,280,362 2,243,779 2,155,841 2,088,202 2,159,924 2,078,614 2,000,666
297,913 299,638 302,409 304,925 307,879 295,639 296,969

31/12/2022 30/09/2022 30/06/2022 31/03/2022 31/12/2021 30/09/2021 30/06/2021

5,994,445 6,454,798 6,875,187 6,456,704 6,248,208 6,075,097 4,907,627
1,495,805 1,498,540 1,468,784 1,596,347 1,796,221 1,277,916 1,038,456
365,714 342,520 326,074 311,179 391,762 304,284 289,995
171,206 222,127 181,367 138,361 161,824 141,800 129,673
186,458 158,382 128,658 96,744 160,472 124,556 101,734
379,737 365,779 432,285 414,761 420,958 356,918 220,843
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - 19,699 12,093
28,286 29,400 29,258 29,086 30,991 11,656 15,484
364,404 380,332 371,142 606,216 630,214 319,003 268,634
2,143,307 2,099,122 2,146,667 2,183,758 2,130,550 2,230,959 1,867,176
1,220,540 1,209,000 1,234,618 1,294,139 1,313,005 828,203 638,886
- - - - - 744,253 684,413
- - - - - - -
660,385 700,940 721,185 641,028 631,290 484,408 392,578
72,103 106,766 104,947 102,684 94,986 74,541 49,889
190,279 82,416 85,917 145,907 91,269 99,554 101,410
2,355,333 2,857,136 3,259,736 2,676,599 2,321,437 2,566,222 2,001,995
927,877 927,877 927,877 699,002 699,002 699,002 699,002
(31,039) (31,039) (30,802) (1,401) (1,401) (1,401) (1,401)
1,010,773 919,223 919,223 1,147,566 1,147,566 682,286 710,286
6,474 3,078 - - - - -
- 552,807 979,966 445,396 - 778,800 272,620
403,319 446,686 424,284 351,805 443,576 376,020 301,055
37,929 38,504 39,188 34,231 32,694 31,515 20,433
31/03/2021 31/12/2020 30/09/2020 30/06/2020 31/03/2020 31/12/2019 30/09/2019
4,841,767 4,508,297 4,335,046 4,108,310 3,931,388 3,718,821 3,636,257
2,181,281 1,880,619 1,698,992 1,516,114 1,334,064 1,207,780 1,256,603
845,587 924,852 867,250 743,093 436,372 301,525 170,739
201,944 188,908 44,293 14,787 42,387 213,158 358,006
642,524 534,092 517,355 404,799 480,667 381,822 420,596
15,731 29,165 23,447 33,260 36,001 48,858 52,373
420,351 189,238 225,584 286,036 262,137 209,591 210,194
23,171 1,876 7,984 12,997 18,326 2,479 8,087
31,973 12,488 13,079 21,142 58,174 50,347 36,608
2,660,486 2,627,678 2,636,054 2,592,196 2,597,324 2,511,041 2,379,654
291,668 313,429 315,297 316,489 305,727 306,504 210,950
- - - - - - -
- - - - - - -
15,040 15,073 12,205 12,115 11,325 11,318 14,730
68,511 69,714 61,671 70,241 54,729 52,923 44,762
53,302 53,361 47,270 47,305 47,305 47,305 47,305
117,391 142,971 164,202 164,208 169,749 172,339 81,534
37,424 32,310 29,949 22,620 22,619 22,619 22,619
76,799 66,961 61,850 16,613 16,682 13,325 9,246
1,992,877 1,949,684 1,958,312 1,957,953 1,974,462 1,890,717 1,860,209
299,142 297,604 300,595 301,141 300,453 300,495 299,249

31/03/2021 31/12/2020 30/09/2020 30/06/2020 31/03/2020 31/12/2019 30/09/2019

4,841,767 4,508,297 4,335,046 4,108,310 3,931,388 3,718,821 3,636,257
1,153,704 1,220,159 1,157,645 1,094,788 995,916 785,077 782,169
333,589 238,342 222,953 253,014 184,334 182,468 121,396
261,247 340,730 349,816 361,991 355,481 177,566 260,364
73,105 120,632 105,549 91,825 77,472 63,002 63,449
176,188 215,206 162,357 108,077 62,216 73,298 69,141
- - - - - - 13,240
- - - - - - -
- - - - - - 181,163
6,989 1,950 20,646 - - - 15,096
23,918 19,491 18,108 10,041 12,109 13,542 12,615
278,668 283,808 278,216 269,840 304,304 275,201 45,705
1,595,555 1,549,099 1,640,042 1,604,112 1,544,101 1,450,521 1,468,262
296,035 372,810 384,849 399,393 405,951 499,982 503,306
779,525 711,015 771,811 - - - -
- - - - - - 52
336,495 317,912 328,277 325,895 316,694 296,628 293,936
43,007 40,312 49,590 45,725 46,391 47,958 52,852
140,493 107,050 105,515 833,099 775,065 605,953 618,116
2,092,508 1,739,039 1,537,359 1,409,410 1,391,371 1,483,223 1,385,826
699,002 699,002 699,002 699,002 699,002 699,002 699,002
(1,401) (1,154) (37,378) (40,711) (27,807) (101,459) (91,222)
804,599 804,599 559,374 611,711 611,165 736,249 603,952
- - - - - - -
277,547 - 82,527 (72,350) (92,219) - 54,199
294,317 222,560 223,749 203,367 192,346 139,261 58,159
18,444 14,032 10,085 8,391 8,884 10,170 61,736
30/06/2019 31/03/2019 31/12/2018 30/09/2018 30/06/2018 31/03/2018 31/12/2017
3,727,807 3,926,438 4,042,630 3,978,312 4,094,219 4,273,966 3,466,377
1,311,461 1,511,411 1,600,103 1,747,846 1,850,045 1,957,546 1,109,867
263,848 268,402 201,542 303,933 140,834 230,275 78,559
311,218 550,483 659,939 603,852 772,439 844,641 323,243
450,043 415,932 449,321 547,296 642,138 613,590 459,758
64,522 64,171 65,201 65,160 52,278 52,578 48,701
191,017 177,323 198,621 198,597 215,968 185,580 180,668
11,397 14,794 2,018 5,646 10,649 13,492 1,663
19,416 20,306 23,461 23,362 15,739 17,390 17,275
2,416,346 2,415,027 2,442,527 2,230,466 2,244,174 2,316,420 2,356,510
208,593 219,568 223,849 125,411 141,511 150,948
- - - - - - -
- - - - - - -
10,432 12,552 15,848 10,905 13,087 17,212 21,675
46,532 49,892 43,819 40,568 42,350 41,774 40,812
41,028 41,028 41,436 42,383 42,383 42,383 43,164
87,979 93,474 100,123 - 10,806 17,757 19,773
22,622 22,622 22,623 31,555 32,885 31,822 32,002
11,445 9,337 12,594 11,475 15,379 20,861 21,817
1,894,491 1,889,210 1,906,835 1,812,183 1,803,469 1,859,384 1,890,682
301,817 296,912 299,249 281,397 283,815 285,227 286,585

30/06/2019 31/03/2019 31/12/2018 30/09/2018 30/06/2018 31/03/2018 31/12/2017

3,727,807 3,926,738 4,042,630 3,978,312 4,094,219 4,273,966 3,466,377
807,370 1,104,188 1,129,665 1,066,421 1,240,696 1,357,655 1,151,821
144,037 149,555 193,972 127,461 179,136 200,036 212,142
267,229 515,835 477,918 488,990 584,342 598,254 437,279
59,654 86,015 89,780 76,110 74,452 98,801 96,850
68,951 63,521 87,754 89,188 113,752 88,311 39,943
- - 38,720 10,569 10,616 100,042 100,148
- - - - 154 319 329
- - 181,562 192,056 200,947 197,605 186,253
- - 199 14,216 9,136 4,003 170
2,554 3,532 4,522 5,148 9,844 14,597 17,889
264,945 285,730 55,238 62,683 58,317 55,687 60,818
1,467,020 1,358,726 1,467,023 1,538,379 1,625,006 1,697,503 1,241,725
523,549 421,795 549,928 619,650 694,374 828,910 403,089
- - - - - - -
- - 386 459 743 11,210 4,089
295,186 277,802 273,968 264,629 243,426 235,592 207,127
73,987 73,125 66,756 65,509 117,415 96,812 130,238
574,298 586,004 575,985 588,132 569,048 524,979 497,182
1,453,417 1,463,824 1,445,942 1,373,512 1,228,517 1,218,808 1,072,831
699,002 474,715 474,415 384,331 384,331 384,331 384,331
(41,146) (12,584) (33,221) (14,879) (14,879) (14,879) (14,879)
603,952 828,039 872,230 580,224 580,224 579,807 579,807
- - - - - - -
66,792 56,283 - 374,232 229,629 158,506 -
53,567 21,129 34,096 (28,955) (27,323) 25,717 41,666
71,250 96,242 98,422 78,559 76,535 85,326 81,906
30/09/2017 30/06/2017 31/03/2017 31/12/2016
3,561,461 3,614,558 3,480,230 3,494,699
1,191,551 1,242,422 1,090,117 1,108,029
67,473 299,058 170,091 383,346
361,551 179,786 181,695 96,612
514,708 446,954 471,594 353,207
30,186 31,067 30,879 48,483
196,311 255,283 201,106 204,060
6,252 11,130 13,661 5,170
15,070 19,144 21,091 17,151
2,369,910 2,372,136 2,390,113 2,386,670
177,416 175,003 178,707 151,602
- - - -
- - 22,611 22,611
24,811 29,267 20,208 17,193
41,273 38,317 42,167 39,740
50,567 49,955 49,264 48,481
27,520 23,981 33,536 11,586
33,245 33,483 10,921 11,991
21,976 23,895 26,064 25,354
1,882,861 1,884,150 1,895,193 1,918,649
287,657 289,088 290,149 291,065

30/09/2017 30/06/2017 31/03/2017 31/12/2016

3,561,461 3,614,558 3,480,230 3,494,699
1,276,946 999,819 953,137 1,024,971
188,884 252,988 226,320 274,473
473,000 287,206 221,612 327,197
86,171 75,728 84,896 92,588
59,191 57,226 62,316 50,859
107,458 4,404 33,961 33,962
3,940 7,210 7,633 7,563
194,201 194,814 179,422 167,656
12,254 8,941 2,089 1,148
19,819 29,952 36,519 40,920
132,028 81,350 98,369 28,605
1,205,583 1,294,014 1,240,830 1,183,569
351,811 311,905 289,865 274,688
- - - -
3,034 4,153 5,099 5,958
254,542 246,927 235,714 178,140
122,740 125,168 126,990 122,579
473,456 605,861 583,162 602,204
1,078,932 1,320,725 1,286,263 1,286,159
384,331 384,331 384,331 384,331
(14,879) (14,879) (14,879) (14,879)
368,260 731,060 730,701 730,701
- - - -
192,820 59,842 34,466 -
61,150 76,369 68,368 (18,405)
87,250 84,002 83,276 204,411
03. Demonstração do Fluxo de Caixa - Consolidado

(em milhares de Reais) 1S23

Fluxo de caixa das atividades operacionais
Lucro líquido do exercício
Lucro antes do IR/CS 816,652
Ajustes ao lucro líquido
Depreciação e amortização 115,849
Efeito da Aplicação do IAS 29 (Hiperinflação) 111,954
Resultado na alienação e baixa de ativos 15
Provisão (reversão) para demandas judiciais (1,643)
Provisão (reversão) de juros, variações monetarias e cambiais e outros encargos (44,810)
Rendimento de aplicações financeiras mantidas até o vencimento -
Provisão (reversão) para crédito de liquidação duvidosa 2,256
Provisão para ajustes de estoques (15,668)
Resultado de equivalência patrimonial (5,984)
Impostos de renda e contribuição social diferidos -
Provisão de Encargos Energia Elétrica -
Reversão da provisão atuarial - Multa FGTS e Aviso Previo -
Provisão de receitas com créditos reembolsáveis -
Pagamento baseado em ações 6,792
Provisão de Receitas com Contrato de Servidão -
Provisão (Reversão) de contingências ambientais 5,208
Provisão para reestruturação -
Resultado na Combinação de Negócios -
Provisão para perda Debêntures - Tecsis -
Amortização de ágio - Tecsis -
Reversão de provisão com perdas - Tecsis -
Realização de resultados abrangentes de exercícios anteriores - Tecsis -
Perdas no primeiro trimestre de 2017 - Tecsis -
Perda financeira com debêntures - Tecsis -
Crédito PIS e COFINS (Exclusão ICMS da base de cálculo) -
Perdas com outros créditos a receber 7
990,628

Contas a Receber de Clientes 64,390

Impostos a recuperar 54,789
Estoques 72,103
Outros ativos (29,376)
 Fornecedores (52,511)
Salários e encargos sociais (62,791)
Impostos, taxas e contribuições (31,172)
Imposto de Renda e Contribuição Social a pagar (79,318)
Obrigações de benefícios aos empregados 3,459
Outros passivos (8,729)
(69,156)

Caixa gerado pelas atividades operacionais 921,472

Imposto de renda e contribuição social pagos (381,333)
Caixa liquido gerado pelas atividades operacionais 540,139
Fluxo de caixa das atividades investimentos
Aplicações Financeiras Líquida de Resgates 474,768
Caixa na aquisição de ações de minoritário -
Compras de imobilizado e intangivel (227,487)
Dividendos recebidos -
Outros -
Desinvestimento Tecsis -
Aporte de capital em empresa investida -
Aquisição de participação em empresa controlada em conjunto/coligada (804)
Caixa de empresa adquirida em combinação de negócios -
Aquisição de participação em empresa controlada (2,201)
Aquisição de participação em empresa coligada -
Caixa gerado (aplicado) nas atividades de investimentos 244,276
Fluxo de caixa das atividades de financiamento
Amortização de empréstimos/debêntures (81,075)
Pagamento de juros e outros encargos (79,304)
Captação de empréstimos 2
Dividendos pagos (188,155)
Recompra de Ações (1,582)
Outros -
Caixa líquido gerado pelas (aplicado nas) atividades de financiamento (350,114)

Variação Cambial s/Caixa e Equivalentes (41,407)

Aumento (redução) de caixa e equivalentes de caixa, líquidos 392,894
Caixa e equivalente de caixa no inicio do exercicio 402,122
Caixa e equivalente de caixa no final do exercício 795,016
1T23 2022 9M22 1S22 1T22 2021 9M21 1S21

-
457,779 2,051,990 1,802,350 1,531,534 702,250 3,035,323 1,992,257 882,103

56,771 247,294 183,877 117,063 55,572 219,353 156,089 99,435

63,923 (2,905) 1,951 3,917 (2,018) 61,821 49,468 30,527
3 2,269 530 502 158 1,623 106 72
(1,257) (23,952) 12,600 10,617 7,057 48,837 41,324 14,612
(19,761) 296,511 213,195 181,380 125,443 151,141 143,028 61,976
- - - - - - - -
1,218 4,086 3,170 2,181 1,482 1,259 924 652
(23,403) 28,587 (177) (181) (86) (368) (23) 11
(259) (16,772) (15,656) (1,804) 2,245 2,534 2,444 1,222
- - - - - - - -
- - - - - - - -
- - - - - - - -
- 38,784 876 - - (7,452) (9,316) (5,968)
3,396 20,660 17,264 - - - - -
- - - - - - - -
2,398 19,994 17,112 3,848 1,850 41,167 4,853 2,039
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - (18,402) (8,235) (705,485) (730,262) -
7 - - - - - - -
540,815 2,666,546 2,237,092 1,830,655 885,718 2,849,753 1,650,892 1,086,681

(42,726) 130,454 16,131 (124,518) (76,843) (143,423) (254,953) (49,645)

18,872 116,726 75,556 43,102 46,185 80,688 (24,911) (77,095)
64,547 (4,993) (60,756) (60,701) 11,172 (241,183) (195,000) (207,435)
(28,477) 19,758 16,001 (14,654) (18,455) (52,469) (4,919) (36,825)
 (9,063) (63,467) (67,393) (79,501) (93,444) 137,197 55,990 34,664
(80,435) 28,344 (1,375) (30,096) (62,859) 43,438 5,399 (18,057)
6,937 (19,328) (22,147) (13,596) 36,855 (16,637) 23,522 (37,086)
(18,510) (339,394) (237,248) (203,567) (126,190) (122,871) (44,480) (53,618)
9 18,809 218 (170) (468) 3,853 1,879 845
(11,179) (42,374) (27,843) (8,303) (14,189) 54,714 24,521 (9,618)
(100,025) (155,465) (308,856) (492,004) (298,236) (256,693) (412,952) (453,870)

440,790 2,511,081 1,928,236 1,338,651 587,482 2,593,060 1,237,940 632,811

(333,527) (474,754) (456,427) (264,044) (119,949) (303,159) (234,727) (175,290)
107,263 2,036,327 1,471,809 1,074,607 467,533 2,289,901 1,003,213 457,521

704,706 279,426 83,309 (239,218) (243,495) (1,102,364) (421,388) (135,751)

- - - - - - - -
(91,668) (268,492) (158,297) (62,037) (21,079) (266,310) (169,221) (102,910)
- - - - - - - -
- - - - - - - -
- - - - - - - -
- (20,865) (14,340) - - (35,700) (35,700) (22,500)
- - (48,396) - - (8,769) (8,769) (8,769)
- - - - - - - -
(132) (487) (460) (329) (275) (1,034) - -
- (48,396) - - - - - -
612,906 (58,814) (138,184) (301,584) (264,849) (1,414,177) (635,078) (269,930)

(962) (128,846) (115,847) (96,082) (82,998) (1,052,919) (326,954) (306,440)

(259) (145,724) (66,510) (63,622) (5,766) (75,525) (27,029) (20,653)
1 508 594 562 - 1,050,001 550,001 350,001
(125) (1,355,350) (867,247) (257,272) (13,231) (1,365,042) (645,509) (352,710)
- (43,824) (43,824) (29,400) - (248) (248) (248)
- - - - - - - -
(1,345) (1,673,236) (1,092,834) (445,814) (101,995) (1,443,733) (449,739) (330,050)

(19,482) (233,332) (156,952) (110,728) (101,194) (25,666) (18,871) (22,043)

699,342 70,945 83,839 216,481 (505) (593,675) (100,475) (164,502)
402,122 331,177 331,177 331,177 331,177 924,852 924,852 924,852
1,101,464 402,122 415,016 547,658 330,672 331,177 824,377 760,350
1T21 2020 9M20 1S20 1T20 2019 9M19 1S19 1T19

- 81,082 (75,194) (94,367) 172,358 34,287 56,603 56,189

429,806 601,157

49,813 197,951 149,042 97,105 47,215 183,082 124,600 84,191 43,191

20,883 (6,830) 4,087 (8,842) (3,804) (62,631) (82,588) (85,625) (12,207)
12 968 194 66 67 118 78 58 24
7,678 (674) 5,471 2,188 683 2,066 2,011 7,219 7,557
90,205 246,897 251,622 149,040 139,554 190,975 210,460 136,257 31,886
- - - - - - - - -
677 (1,554) (3,055) (4,127) (1,538) 897 857 (1,009) (1,065)
(1) - (3,568) (1,513) (3,088) 3,471 6 1,661 -
606 2,342 1,256 870 580 6,507 (545) (453) (277)
- - 20,496 18,908 5,028 (45,037) 48,687 34,128 17,765
2,959 3,627 3,627 3,336 2,458 (5,729) (6,963) 2,504 1,342
- - - - - - - - -
(5,151) - - - - - - - -
- 24,770 24,770 24,770 24,770 - - - -
- (1,600) - - - - - - -
1,718 12,045 11,869 - - 6,083 3,346 3,587 -
- - - - - - - - -
- - - - - - - - -
- - - - - - - - -
- - - - - - - - -
- - - - - - - - -
- - - - - - - - -
- - - - - - - - -
- - - - - - - - -
- - - - - - - - -
- - - - - - - - -
599,205 1,079,099 546,893 206,607 117,558 452,160 334,236 239,121 144,405

(109,108) (150,716) (132,478) 22,414 (56,042) 81,544 32,353 32,473 73,216

17,110 24,727 24,524 14,801 12,849 25,410 18,482 10,631 8,034
(227,481) 2,843 (23,288) (87,762) (49,830) (18,122) (12,521) 4,658 16,651
(40,594) 34,414 27,018 42,245 (20,803) (30,154) (23,907) 24,780 26,007
 73,355 30,760 41,620 29,128 (38,928) (37,827) (90,456) (95,820) (81,551)
(47,339) 57,095 42,429 28,524 13,469 (24,963) (25,814) (29,181) (3,474)
(8,461) 111,501 114,304 63,064 4,234 (20,585) (24,702) (10,220) 3,015
(12,802) (50,906) 74,475 41,458 28,340 123,699 107,157 80,224 32,895
956 (142) 2,554 1,924 1,209 (5,386) (252) 811 747
(3,120) 8,111 25,028 24,928 15,154 25,370 41,663 (2,449) 1,412
(357,484) 67,687 196,186 180,724 (90,348) 118,986 22,003 15,907 76,952

241,721 1,146,786 743,079 387,331 27,210 571,146 356,239 255,028 221,357

(101,970) (78,150) (47,815) (34,905) (25,565) (117,556) (103,195) (86,956) (57,908)
139,751 1,068,636 695,264 352,426 1,645 453,590 253,044 168,072 163,449

(13,036) 24,249 168,864 198,370 170,770 446,782 301,934 348,720 109,456

- - - - - - - - -
(22,153) (132,264) (90,839) (54,903) (27,451) (159,422) (100,122) (60,066) (32,438)
- - - - - - - - -
- - - - - 6,175 - - -
- - - - - - - - -
(8,500) (12,500) (5,000) - - - - - -
- (30,547) - - - - - - -
- - (30,547) - - - - - -
- - - - - - - - -
- - - - - - - - -
(43,689) (151,062) 42,478 143,467 143,319 293,535 201,812 288,654 77,018

(166,675) (228,357) (212,713) (211,276) (56,935) (868,177) (754,424) (710,863) (271,993)

(6,446) (68,743) (42,182) (30,771) (15,373) (223,890) (82,990) (59,793) (33,344)
- 263,705 272,742 305,290 141,500 512,653 493,224 454,131 162,981
(144) (110,562) (40,163) (40,159) (61) (24,985) (24,842) (24,879) (109)
(248) (144,201) (143,019) (89,110) (76,205) (112,429) (102,251) (52,116) (23,554)
- - - - - (38,152) - - -
(173,513) (288,158) (165,335) (66,026) (7,074) (754,980) (471,283) (393,520) (166,019)

(1,814) (6,089) (6,682) 11,701 (3,043) 107,838 (14,376) (900) (7,588)

(79,265) 623,327 565,725 441,568 134,847 99,983 (30,803) 62,306 66,860
924,852 301,525 301,525 301,525 301,525 201,542 201,542 201,542 201,542
845,587 924,852 867,250 743,093 436,372 301,525 170,739 263,848 268,402
2018 9M18 1S18 1T18 2017 9M17 1S17 1T17 2016

547,440 381,587 235,268 164,518 306,264 197,946 59,602 32,845 280,836

176,374 135,514 73,409 36,821 145,102 108,572 72,601 36,308 109,611

(35,551) - - - - - - - -
699 (8) 14 7 435 367 228 119 83
(6,495) (20,338) 112 4,213 10,112 (715) 4,790 450 43,716
222,325 212,904 155,323 33,508 108,757 60,496 52,140 18,553 74,572
- - - - (8,227) (6,358) (3,148) (304) (4,999)
46,317 44,226 3,842 3,581 (917) (1,003) (731) (252) 55
(5,813) (4,120) (4,039) (5,467) 5,100 (795) (589) (795) -
(941) (505) (289) (483) (1,668) 23,732 44,517 9,933 75,431
3,709 58,199 49,271 30,358 (20,663) 13,073 5,618 (9,147) 140,744
4,825 3,918 6,380 6,128 27,584 34,071 24,707 14,610 41,932
- - - - (19,765) (19,765) (19,765) (19,765) -
- - - - - - - - -
- - - - - - - - -
- - - - - - - - -
7,783 - - - - - - - -
- - - - 33,060 - - - -
- - - - - - - - (490,627)
- - - - - - - 55,661 37,990
- - - - 55,000 - - - -
- - - - (110,203) - - - -
- - - - 16,432 - - - -
- - - - 10,804 - - - -
- - - - 55,000 - - - -
- - - - - - - - -
- - - - - - - - -
960,672 811,377 519,291 273,184 612,207 475,395 305,744 138,216 309,344

(2,103) (97,987) (152,446) (123,637) (104,707) (160,401) (69,601) (100,113) 3,466

32,363 (5,688) 5,011 586 (4,700) 10,680 10,629 14,590 2,474
(13,986) (12,405) (31,639) 752 17,220 7,012 (49,209) 9,157 (6,508)
55,552 66,818 45,072 40,039 7,832 4,357 (29,183) 66,375 (8,626)
 (41,158) (119,177) (67,492) (46,613) (62,716) (86,718) (24,399) (66,177) 11,753
(4,571) (20,739) (22,397) 1,951 4,263 (6,418) (18,338) (7,691) 1,996
(1,858) 10,760 30,347 23,557 (1,964) 8,751 (251) 5,645 (1,888)
96,048 108,920 82,879 50,286 60,026 45,231 36,984 16,049 37,219
(6,635) (4,738) (3,027) (98) (478) (914) (311) (1,181) 1,894
(91,791) (52,928) (14,559) (14,503) (37,420) (45,693) (35,062) (6,891) (149)
21,861 (127,164) (128,251) (67,680) (122,644) (224,113) (178,741) (70,237) 41,631

982,533 684,213 391,040 205,504 489,563 251,282 127,003 67,979 350,975

(90,267) (65,089) (36,727) (15,555) (67,308) (45,682) (31,386) (11,015) (42,098)
892,266 619,124 354,313 189,949 422,255 205,600 95,617 56,964 308,877

(336,697) (280,609) (449,197) (521,399) (218,403) (258,582) (83,175) (80,507) 12,302

- - - - 11,668 11,668 11,668 11,668 -
(200,931) (99,096) (59,332) (23,795) (151,844) (84,279) (40,505) (13,061) (39,754)
1,285 1,285 - - 1,657 1,657 1,657 - -
22 22 - - - - - - -
- - - - (110,000) (58,500) - - -
- - - - - - - - -
- - - - - - - - -
- - - - - - - - 185,514
- - - - - - - - -
- - - - - - - - -
(536,321) (378,398) (508,529) (545,194) (466,922) (388,036) (110,355) (81,900) 158,062

(736,616) (611,031) (349,943) (90,301) (469,137) (325,083) (285,805) (190,697) (108,071)

(135,521) (92,107) (61,286) (23,119) (109,583) (55,839) (44,044) (9,896) (82,574)
861,759 792,314 725,480 620,628 714,900 543,080 291,215 11,167 3,941
(206,961) (89,162) (89,115) (106) (387,365) (288,944) (29,199) (1) (23,838)
(18,342) - - - - - - - -
- - - - - - - 1,108 -
(235,681) 14 225,136 507,102 (251,185) (126,786) (67,833) (188,319) (210,542)

2,719 (15,366) (8,645) (141) (8,935) (6,651) (1,717) - -

122,983 225,374 62,275 151,716 (304,787) (315,873) (84,288) (213,255) 256,397
78,559 78,559 78,559 78,559 383,346 383,346 383,346 383,346 126,949
201,542 303,933 140,834 230,275 78,559 67,473 299,058 170,091 383,346
04. EBITDA - Consolidado

(em R$ mil) 2T23 1T23 2022 4T22 3T22 2T22 1T22 2021 4T21 3T21 2T21 1T21 2020 4T20 3T20 2T20 1T20 2019 4T19 3T19 2T19 1T19 2018 4T18 3T18 2T18 1T18 2017 4T17 3T17 2T17 1T17 2016
Lucro Líquido 186,336 252,961 1,334,303 148,330 197,790 539,150 449,030 2,003,833 687,996 788,055 246,971 280,811 370,215 289,133 156,276 19,173 (94,367) 172,358 138,071 (22,317) 416 56,189 547,440 165,852 146,319 70,750 164,518 306,264 108,318 138,346 26,755 32,845 280,836
Imposto de Renda/Contribuição Social 172,537 204,818 717,687 101,309 73,026 290,134 253,220 1,031,490 355,070 322,099 205,326 148,995 230,942 105,635 50,484 39,638 35,185 84,252 (71,996) 47,899 56,409 51,939 129,297 (34,131) 19,195 64,122 80,111 30,597 (33,183) 13,221 36,824 13,735 187,771
Resultado Financeiro Líquido (47,554) (24,468) 328,268 (26,103) 316,159 (29,896) 68,109 (90,835) 46,038 (145,825) (76,147) 85,099 147,363 (37,614) 56,703 27,531 100,743 140,921 16,207 91,984 27,020 5,712 153,905 3,646 17,829 104,943 27,487 93,836 50,234 (1,081) 33,003 11,680 99,759
Depreciação e amortização 59,076 56,771 247,296 63,419 66,815 61,491 55,573 219,354 63,264 56,655 49,621 49,813 197,951 48,909 51,937 49,889 47,216 183,080 58,480 40,410 41,000 43,191 176,380 40,866 62,105 36,589 36,821 200,102 91,531 35,971 36,293 36,308 109,611

EBITDA ¹ 370,395 490,082 2,627,554 286,955 653,790 860,879 825,932 3,163,842 1,152,368 1,020,984 425,771 564,718 946,471 406,063 315,400 136,231 88,777 580,611 140,762 157,976 124,845 157,031 1,007,022 176,233 245,448 276,404 308,937 630,799 216,900 186,457 132,875 94,568 677,977
¹ EBITDA calculado de acordo com a instrução CVM Nº 527/12.
05. Dívida Líquida - Consolidado
30 de junho de 31 de março 31 de dezembro de 30 de setembro 30 de junho de 31 de março 31 de dezembro de 30 de setembro 30 de junho de 31 de março 31 de dezembro 30 de setembro 30 de junho de 31 de março de 31 de dezembro 30 de setembro 30 de junho 31 de março 31 de dezembro 30 de setembro 30 de junho de 31 de março de 31 de dezembro 30 de setembro 30 de junho de 31 de março de 31 de dezembro
Empréstimos e financiamentos (valores em R$ mil) Moeda
2023 de 2023 2022 de 2022 2022 de 2022 2021 de 2021 2021 de 2021 de 2020 de 2020 2020 2020 de 2019 de 2019 de 2019 de 2019 de 2018 de 2018 2018 2018 de 2017 de 2017 2017 2017 de 2016
Financiamentos em moeda nacional 1,298,608 1,428,260 1,391,746 1,430,547 1,415,422 1,432,500 1,474,829 970,003 768,559 557,283 713,540 734,665 761,384 761,432 673,529 763,670 769,177 908,037 997,850 1,067,194 1,217,756 1,369,176 778,926 760,693 549,462 483,183 597,507
Debêntures R$ 1,008,635 1,131,625 1,102,149 1,137,322 1,107,311 1,120,772 1,157,764 648,566 630,935 274,864 337,653 336,700 334,366 387,846 406,150 458,658 455,104 504,205 507,930 555,522 555,612 602,191 252,554 313,913 306,299 372,419 361,418
Nota Promissória R$ 256,007 249,664 242,631 233,252 226,627 217,755 210,640 203,782
Capital de Giro ² R$ - 12,570 12,347 24,893 37,652 50,297 62,706 74,134 85,362 226,484 316,382 334,945 355,711 252,455 196,579 207,692 266,272 352,913 417,892 447,447 569,302 681,091 448,506 391,202 184,897 45,616 60,490
Capital de Giro AR$ 1 2 2 2 2 1 2 2 1 2 1 - 2 59,390 6,147 52,943 176 1,784 20,040 26,433 50,728 58,438 47,598 26,541 29,829 34,034 57,991
BNDES R$ 33,965 34,399 34,617 35,078 43,830 43,675 43,717 43,519 52,261 55,932 59,504 63,020 71,305 61,741 64,653 44,377 47,625 49,135 51,988 37,792 42,114 27,456 30,268 29,037 28,437 31,114 33,675
Outros R$ - - - - - - - - - - - - - - - - - - - - - - - - - - 83,933
Financiamentos em moeda estrangeira ² 0 0 0 580 0 0 0 0 0 0 0 0 0 0 4,019 0 21,601 29,593 29,996 41,446 60,960 57,988 61,442 64,118 49,649 28,294 4,378
BNDES US$ - - - - - - - - - - - - - - - - - - - 244 941 1,421 2,020 2,515 3,231 3,676 4,378
Capital de Giro US$ - - - 580 - - - - - - - - - - 4,019 - 21,601 29,593 29,996 41,201 60,019 56,567 59,422 61,603 46,418 23,319 -
Cesta de moedas US$ - - - - - - - - - - - - - - - - - - - - - - - - - 1,299 -
Dívida Bruta 1,298,608 1,428,260 1,391,746 1,431,127 1,415,422 1,432,500 1,474,829 970,003 768,559 557,283 713,540 734,665 761,384 761,432 677,548 763,670 790,778 937,630 1,027,846 1,108,640 1,278,716 1,427,164 840,368 824,811 599,111 511,477 601,885
Caixa e equivalentes de caixa e Aplicações financeiras 1,332,095 1,408,605 1,413,969 1,622,980 2,078,149 1,865,440 1,622,449 1,434,673 1,085,010 1,047,531 1,113,760 911,543 757,880 478,759 514,683 528,745 575,066 818,885 861,481 907,785 913,273 1,074,916 401,802 429,024 478,844 351,786 479,958
Caixa e equivalentes de caixa 795,016 1,101,464 402,122 415,016 547,658 330,672 331,177 824,377 760,350 845,587 924,852 867,250 743,093 436,372 301,525 170,739 263,848 268,402 201,542 303,933 140,834 230,275 78,559 67,473 299,058 170,091 383,346
Aplicações financeiras 537,079 307,141 1,011,847 1,207,964 1,530,491 1,534,768 1,291,272 610,296 324,660 201,944 188,908 44,293 14,787 42,387 213,158 358,006 311,218 550,483 659,939 603,852 772,439 844,641 323,243 361,551 179,786 181,695 96,612
Dívida Líquida (33,487) 19,655 (22,223) (191,853) (662,164) (432,940) (147,620) (464,670) (316,451) (490,248) (400,220) (176,878) 3,504 282,673 162,865 234,925 215,712 118,745 166,365 200,855 365,443 352,248 438,566 395,787 120,267 159,691 121,927
EBITDA udm¹ 1,801,221 2,291,704 2,627,554 3,492,968 3,860,163 3,425,056 3,163,842 2,417,536 1,711,951 1,422,412 946,471 681,170 523,745 512,357 580,611 616,082 703,557 855,116 1,007,022 1,047,688 Err:509 845,169 630,799 898,023 771,523 696,844 677,977
Dívida Líquida/EBITDA udm¹ -0.02x 0.01x -0.01x -0.05x -0.17x -0.13x -0.05x -0.19x -0.18x -0.34x -0.42x -0.26x 0.01x 0.55x 0.28x 0.38x 0.31x 0.14x 0.17x 0.19x Err:509 0.42x 0.70x 0,44x 0.16x 0,23x 0,18x

¹ EBITDA calculado de acordo com a instrução CVM Nº 527/12.

² Inclui notas promissórias e debêntures emitidas com a finalidade de financiamento de capital de giro
06. Capacidade Instalada

2T23 1T23 2022 4T22 3T22 2T22 1T22 2021 4T21 3T21 2T21 1T21 2020 4T20 3T20 2T20 1T20 2019 4T19 3T19 2T19 1T19
Utilização da Capacidade Instalada %
Cubatão 90% 86% 88% 85% 84% 91% 92% 91% 91% 89% 91% 92% 82% 82% 82% 81% 84% 76% 81% 65% 77% 80%
Santo André 75% 88% 84% 71% 81% 85% 89% 73% 87% 94% 25% 86% 79% 82% 89% 59% 86% 71% 76% 79% 61% 69%
Bahía Blanca 83% 76% 81% 84% 73% 85% 82% 72% 62% 81% 80% 66% 65% 66% 78% 43% 74% 66% 59% 61% 70% 73%
07. Desempenho das Ações - Controladora*

1S23 1T23 2022 9M22 1S22 1T22 2021 9M21 1S21 1T21 2020 9M20 1S20 1T20 2019 2018 2017 2016 2015 2014 2013
Quantidade de Ações - mil** 103,477 103,499 103,499 103,499 103,505 94,403 94,403 94,403 94,403 95,098 95,103 94,434 96,172 96,687 98,447 87,449 80,629 80,629 80,629 80,629 80,629
UNIP3 ON 35,990 35,990 35,990 35,990 36,102 33,008 33,008 33,008 33,008 33,703 33,703 33,008 34,258 34,351 34,919 30,235 27,752 27,752 27,752 27,752 27,752
UNIP5 Pref"A" 2,218 2,218 2,218 2,225 2,225 2,034 2,030 2,034 2,044 2,428 2,442 2,540 2,611 2,630 2,719 2,523 2,591 2,591 2,591 2,591 2,591
UNIP6 Pref"B" 65,269 65,291 65,291 65,284 65,178 59,360 59,365 59,360 59,351 58,967 58,958 58,886 59,303 59,707 60,809 54,691 50,286 50,286 50,286 50,286 50,286
Valor de Fechamento - R$
UNIP3 ON 74.61 66.30 81.96 85.78 83.20 99.60 103.20 85.77 103.99 62.81 48.90 34.50 29.95 30.00 35.80 37.50 16.67 11.90 5.89 5.08 5.53
UNIP5 Pref"A" 81.62 89.99 93.67 96.30 92.31 101.00 102.90 79.00 101.00 66.93 48.80 31.00 28.60 24.50 35.95 37.45 16.35 12.10 5.50 5.45 5.70
UNIP6 Pref"B" 79.14 70.05 88.01 95.99 89.79 104.05 103.24 79.08 98.30 67.00 51.19 27.84 23.94 24.00 35.71 36.86 15.85 11.90 4.33 4.43 4.79
Volume médio diário negociado - R$ mil 21,080 21,373 30,682 33,524 38,703 48,052 36,093 35,259 38,019 25,094 8,845 7,946 8,354 12,333 8,727 8,083 1,401 1,938 199 231 618
UNIP3 ON 1,529 1,865 2,711 3,002 3,172 2,814 3,816 3,534 3,602 864 584 599 390 668 2,528 447 163 74 17 12 10
UNIP5 Pref"A" 21 25 34 35 22 24 74 69 90 66 47 46 47 64 54 84 43 36 10 26 157
UNIP6 Pref"B" 19,530 19,483 27,937 30,487 35,509 45,213 32,203 31,655 34,326 24,164 8,214 7,300 7,917 11,601 6,145 7,552 1,195 853 173 193 450
Valor de Mercado - R$ mil** 8,031,666 7,159,379 8,903,769 9,568,107 9,061,089 9,669,531 9,744,132 7,686,032 9,473,126 6,230,492 4,785,315 2,856,898 2,520,427 2,527,914 3,519,331 3,244,225 1,302,022 960,003 395,448 377,868 409,107

* ajustado por proventos

** ex-tesouraria
Fonte: Bloomberg e BM&FBovespa
08. Demonstração do Resultado - Controladora

(em milhares de Reais) 2T23

Receita operacional líquida 510,434
Custo dos produtos vendidos (206,045)
Lucro bruto 304,389
Despesas com vendas (30,255)
Despesas administrativas (56,443)
Outras receitas (despesas) operacionais, líquidas (8,937)
Resultado na Combinação de Negócios -
Perda pela não Recuperabilidade de Ativos -
Ajuste de preço de aquisição -
Resultado de equivalência patrimonial 78,626
Lucro antes do resultado financeiro, imposto de renda e contribuição social 287,380
Resultado Financeiro (46,704)
Receitas financeiras 2,900
Despesas financeiras (49,604)
Lucro antes do impostos de renda e da contribuição social 240,676
Imposto de renda e contribuição social (corrente) ou diferido (54,999)
Lucro líquido do exercício 185,677
1T23 2022 4T22 3T22 2T22 1T22 2021 4T21
562,823 2,413,363 606,651 621,640 601,563 583,509 1,585,647 495,741
(202,735) (887,242) (215,918) (229,786) (219,043) (222,495) (784,719) (230,068)
360,088 1,526,121 390,733 391,854 382,520 361,014 800,928 265,673
(24,521) (95,671) (24,272) (25,839) (22,814) (22,746) (67,020) (18,836)
(54,334) (262,873) (81,347) (92,658) (46,401) (42,467) (179,253) (64,882)
(4,965) (57,725) (56,296) 6,929 (7,301) (1,057) 76,408 (20,123)
- - - - - - - -
- - - - - - - -
- - - - - - 447,971 447,971
98,677 673,715 25,475 17,587 332,953 297,700 1,264,909 294,397
374,945 1,783,567 254,293 297,873 638,957 592,444 2,343,943 904,200
(44,350) (133,854) (52,776) (6,113) 164 (75,129) 6,728 (19,886)
16,067 64,936 7,489 34,363 53,234 (30,150) 113,599 23,531
(60,417) (198,790) (60,265) (40,476) (53,070) (44,979) (106,871) (43,417)
330,595 1,649,713 201,517 291,760 639,121 517,315 2,350,671 884,314
(78,826) (323,793) (53,404) (93,919) (104,551) (71,919) (365,907) (200,350)
251,769 1,325,920 148,113 197,841 534,570 445,396 1,984,764 683,964
3T21 2T21 1T21 2020 4T20 3T20 2T20 1T20
410,999 377,691 301,216 1,124,217 289,491 308,969 277,923 247,834
(207,688) (184,064) (162,899) (630,311) (167,339) (163,060) (145,465) (154,447)
203,311 193,627 138,317 493,906 122,152 145,909 132,458 93,387
(15,220) (18,659) (14,305) (51,689) (10,956) (13,126) (13,591) (14,016)
(40,857) (39,347) (34,167) (208,511) (55,521) (42,717) (38,216) (72,057)
68,030 32,256 (3,755) (2,686) (372) 2,277 (1,903) (2,688)
- - - - - - - -
- - - - - - - -
- - - - - - - -
630,254 126,925 213,333 193,647 259,720 96,546 (35,652) (126,967)
845,518 294,802 299,423 424,667 315,023 188,889 43,096 (122,341)
5,697 11,021 9,896 39,822 (16,188) (813) 8,379 48,444
25,353 36,750 27,965 74,724 (7,209) 11,715 16,614 53,604
(19,656) (25,729) (18,069) (34,902) (8,979) (12,528) (8,235) (5,160)
851,215 305,823 309,319 464,489 298,835 188,076 51,475 (73,897)
(73,035) (60,750) (31,772) (96,823) (13,696) (33,199) (31,606) (18,322)
778,180 245,073 277,547 367,666 285,139 154,877 19,869 (92,219)
 2019 4T19 3T19 2T19 1T19 2018 4T18 3T18
1,043,565 254,643 239,246 269,489 280,187 1,145,542 259,189 303,553
(596,203) (163,769) (139,492) (140,778) (152,164) (485,112) (107,743) (123,377)
447,362 90,874 99,754 128,711 128,023 660,430 151,446 180,176
(55,740) (14,786) (12,123) (14,535) (14,295) (48,340) (12,749) (11,985)
(150,739) (47,608) (34,117) (36,534) (32,481) (146,201) (48,857) (47,115)
43,322 27,327 15,672 801 (478) 15,541 (5,711) 22,181
- - - - - -
- - - - - -
- - - 48,935 - -
(32,619) 82,848 (61,251) (63,535) 9,319 183,520 85,599 47,867
251,586 138,655 7,935 14,908 90,088 713,885 169,728 191,124
19,118 (10,580) 5,493 34,175 (9,971) (46,486) (7,809) (12,118)
88,115 1,587 22,819 53,408 10,300 43,544 11,980 12,715
(68,997) (12,167) (17,326) (19,233) (20,271) (90,030) (19,789) (24,833)
270,704 128,075 13,428 49,083 80,117 667,399 161,919 179,006
(97,199) (8,769) (26,021) (38,573) (23,834) (139,359) (8,111) (34,403)
173,505 119,306 (12,593) 10,510 56,283 528,040 153,808 144,603
2T18 1T18 2017 4T17 3T17 2T17 1T17 2016
286,150 296,650 984,234 259,247 247,525 239,244 238,218 889,706
(126,550) (127,442) (486,371) (115,516) (124,297) (124,501) (122,057) (502,216)
159,600 169,208 497,863 143,731 123,228 114,743 116,161 387,490
(10,933) (12,673) (58,361) (14,006) (14,859) (14,353) (15,143) (58,995)
(25,586) (24,643) (118,204) (35,075) (27,090) (26,981) (29,058) (99,173)
(98) (831) 10,956 (9,346) 97 461 19,744 (101,535)
- - - - - - - 516,010
- - (27,033) (27,033) - - - -
- 48,935 - - - - - -
2,139 47,915 45,111 18,834 64,029 (20,138) (17,613) (75,431)
125,122 227,911 350,331 77,105 145,404 53,731 74,091 568,366
(15,455) (11,104) (33,460) (14,348) (6,385) (3,139) (9,588) (99,759)
12,256 6,593 29,837 4,709 8,276 7,680 9,172 33,506
(27,711) (17,697) (63,297) (19,057) (14,661) (10,819) (18,760) (133,265)
109,667 216,807 316,871 62,757 139,019 50,593 64,502 468,607
(38,544) (58,301) (14,214) 47,080 (6,041) (25,217) (30,036) (187,771)
71,123 158,506 302,658 109,837 132,978 25,376 34,466 280,836
4T16 3T16 2T16 1T16 2015 2014
209,021 223,509 220,425 236,751 858,976 776,483
(113,800) (126,092) (126,842) (135,482) (478,026) (425,820)
95,221 97,417 93,583 101,269 380,950 350,663
(13,739) (15,238) (13,824) (16,194) (73,409) (83,791)
(27,988) (25,804) (23,742) (21,639) (91,837) (112,153)
(89,395) (2,399) (1,827) (7,914) (39,771) (15,224)
516,010 - - - - -
- - - - - -
- - - - - -
(67,871) (6,734) (7,850) 7,024 (18,201) (3,205)
412,238 47,242 46,340 62,546 157,732 136,290
(49,978) (13,950) (25,662) (10,169) (60,868) (61,494)
6,035 7,295 8,857 11,319 42,430 29,025
(56,013) (21,245) (34,519) (21,488) (103,298) (90,519)
362,260 33,292 20,678 52,377 96,864 74,796
(147,297) (14,010) (10,256) (16,208) (9,031) (9,205)
214,963 19,282 10,422 36,169 87,833 65,591
09. Balanço Patrimonial - Controladora

Ativo (em milhares de Reais) 30/06/2023 31/03/2023

Ativo total 5,507,669 5,661,867
Ativo circulante 754,258 992,432
Caixa e equivalentes de caixa 292,400 497,690
Aplicações financeiras 144,149 151,724
Contas a receber 206,518 226,204
Impostos a recuperar 14,808 23,422
Estoques 59,260 71,151
Despesas antecipadas 7,868 9,737
Outros ativos circulantes 29,255 12,504
Ativo não circulante 4,753,411 4,669,435
Ativo realizável a longo prazo 319,421 328,620
Aplicações financeiras - -
Contas a receber de clientes/Empresas Ligadas 256,626 267,109
Impostos a recuperar 7,878 7,939
Estoques 29,103 28,240
Depósitos judiciais 25,814 25,332
Créditos a receber - -
Outros - -
Investimentos 3,181,948 3,166,324
Imobilizado 962,003 883,076
Intangível 290,039 291,415

Passivo (em milhares de Reais) 30/06/2023 31/03/2023

Passivo total 5,507,669 5,661,867
Passivo circulante 715,977 717,171
Fornecedores 55,607 73,594
Empréstimos e Financiamentos 340,535 241,340
Obrigações sociais e trabalhistas 39,825 32,900
Obrigações fiscais 118,499 107,942
Dividendos a pagar - -
Demandas judiciais - -
Energia elétrica - -
Provisões 1,501 1,385
Outros passivos circulantes 160,010 260,010
 Passivo não circulante 2,182,417 2,387,060
Empréstimos e Financiamentos 1,630,456 1,834,820
Imposto de renda e contribuição social diferidos 416,615 419,647
Obrigações com benefícios aos empregados - -
Provisões 21,902 20,546
Outras Obrigações 113,444 112,047
Patrimônio Líquido 2,609,275 2,557,636
Capital social 927,877 927,877
Ações em tesouraria (32,621) (31,039)
Reservas de lucros 928,860 1,010,773
Outras Reservas de Capital 13,266 9,870
Lucros/Prejuízos acumulados 437,446 251,769
Outros resultados abrangentes no período 334,447 388,386
31/12/2022 30/09/2022 30/06/2022 31/03/2022 31/12/2021 30/09/2021 30/06/2021
5,560,600 5,323,961 5,586,281 5,206,322 4,979,306 4,188,065 3,350,499
978,638 686,211 1,060,951 1,105,626 929,758 534,350 504,713
62,709 87,840 219,529 166,461 156,135 70,700 105,585
569,306 196,553 449,412 503,201 402,732 170,012 92,253
235,191 241,207 197,369 235,438 220,848 155,853 133,986
38,054 84,771 97,648 106,589 55,676 85,201 98,814
59,348 61,637 76,764 70,055 79,609 39,599 57,669
512 3,826 7,610 9,585 1,192 4,319 6,544
13,518 10,377 12,619 14,297 13,566 8,666 9,862
4,581,962 4,637,750 4,525,330 4,100,696 4,049,548 3,653,715 2,845,786
333,378 379,929 360,440 333,127 468,951 432,211 339,830
- - - - - - -
270,998 287,462 275,896 251,323 284,275 263,190 240,335
8,634 8,251 7,723 7,348 104,729 98,229 7,974
27,639 27,715 27,046 26,185 25,700 24,643 22,456
26,107 25,594 35,058 34,444 34,192 27,141 53,406
- - - - - - -
- 30,907 14,717 13,827 20,055 19,008 15,659
3,086,604 3,110,661 3,031,061 2,631,855 2,433,484 2,076,402 1,364,063
880,798 865,183 851,052 852,140 863,044 865,723 862,001
281,182 281,977 282,777 283,574 284,069 279,379 279,892

31/12/2022 30/09/2022 30/06/2022 31/03/2022 31/12/2021 30/09/2021 30/06/2021

5,560,600 5,323,961 5,586,281 5,206,322 4,979,306 4,188,065 3,350,499
845,983 821,761 656,021 801,999 884,841 476,919 432,377
58,698 73,840 51,092 55,200 68,822 43,471 50,555
168,988 210,964 169,220 127,301 151,226 131,717 118,676
55,211 52,147 39,762 30,923 52,550 39,465 29,121
306,115 281,528 202,987 136,952 137,775 101,887 79,502
- - - - - - -
- - - - - - -
- - - - - - -
1,565 1,415 2,105 1,744 1,699 1,786 1,976
255,406 201,867 190,855 449,879 472,769 158,593 152,547
2,397,213 1,683,568 1,709,712 1,761,955 1,805,722 1,176,439 936,560
1,846,461 1,184,503 1,202,370 1,261,523 1,279,884 794,765 598,910
417,057 439,619 447,227 445,095 468,997 326,147 286,255
- - - - - - -
20,266 35,479 33,410 27,149 27,245 25,409 19,533
113,429 23,967 26,705 28,188 29,596 30,118 31,862
2,317,404 2,818,632 3,220,548 2,642,368 2,288,743 2,534,707 1,981,562
927,877 927,877 927,877 699,002 699,002 699,002 699,002
(31,039) (31,039) (30,802) (1,401) (1,401) (1,401) (1,401)
1,010,773 919,223 919,223 1,147,566 1,147,566 682,286 710,286
6,474 3,078 - - - - -
- 552,807 979,966 445,396 - 778,800 272,620
403,319 446,686 424,284 351,805 443,576 376,020 301,055
31/03/2021 31/12/2020 30/09/2020 30/06/2020 31/03/2020 31/12/2019 30/09/2019
3,178,695 3,003,793 2,818,668 2,696,616 2,565,468 2,628,874 2,481,618
448,764 584,633 662,090 711,135 581,649 610,877 654,490
181,595 371,734 404,528 472,581 333,894 286,994 158,655
76,584 52,646 36,752 14,787 38,576 129,581 294,428
112,583 105,132 127,445 121,462 139,533 130,696 116,153
7,357 8,938 11,596 12,384 11,463 19,005 16,037
54,975 39,446 48,639 60,458 30,099 37,935 48,896
8,466 875 3,146 4,654 6,464 1,067 3,879
7,204 5,862 29,984 24,809 21,620 5,599 16,442
2,729,931 2,419,160 2,156,578 1,985,481 1,983,819 2,017,997 1,827,128
363,710 335,065 334,249 315,115 281,475 232,963 238,456
- - - - - - -
265,626 242,144 253,134 242,100 209,352 161,226 165,442
7,689 7,867 5,454 4,755 4,091 4,070 21,874
22,355 22,041 21,068 20,996 20,768 20,403 -
53,198 53,321 47,264 47,264 47,264 47,264 47,264
- - - - - - 3,876
14,842 9,692 7,329 - - - -
1,224,672 937,817 681,634 527,732 560,619 639,741 443,081
861,145 867,712 861,530 863,054 861,981 865,665 867,917
280,404 278,566 279,165 279,580 279,744 279,628 277,674

31/03/2021 31/12/2020 30/09/2020 30/06/2020 31/03/2020 31/12/2019 30/09/2019

3,178,695 3,003,793 2,818,668 2,696,616 2,565,468 2,628,874 2,481,618
529,927 634,178 618,509 621,499 537,947 419,631 408,760
39,277 39,692 28,141 53,418 30,261 31,841 25,184
248,329 325,894 333,065 342,405 279,597 151,547 196,065
23,472 36,951 33,953 29,554 21,894 18,161 21,001
54,670 74,676 82,398 62,626 34,203 49,355 43,945
- - - - - - 13,240
- - - - - - -
- - - - - - 98,473
7,637 2,831 - - - - -
156,542 154,134 140,952 133,496 171,992 168,727 10,852
 574,704 644,608 672,885 674,098 645,034 736,190 748,768
255,584 331,978 343,682 354,032 368,304 460,000 480,295
269,030 261,104 272,259 270,609 252,330 248,179 244,567
- - - - - - 6,222
16,260 15,561 17,731 16,047 15,898 18,965 17,684
33,830 35,965 39,213 33,410 8,502 9,046 -
2,074,064 1,725,007 1,527,274 1,401,019 1,382,487 1,473,053 1,324,090
699,002 699,002 699,002 699,002 699,002 699,002 699,002
(1,401) (1,154) (37,378) (40,711) (27,807) (101,459) (91,222)
804,599 804,599 559,374 611,711 611,165 736,249 603,952
- - - - - - -
277,547 - 82,527 (72,350) (92,219) - 54,199
294,317 222,560 223,749 203,367 192,346 139,261 58,159
30/06/2019 31/03/2019 31/12/2018 30/09/2018 30/06/2018 31/03/2018 31/12/2017
2,608,239 2,745,864 2,751,422 2,703,128 2,667,636 2,851,709 2,206,223
732,074 841,739 824,241 929,837 905,583 1,019,144 390,326
231,026 225,673 162,779 236,864 89,419 199,807 49,474
249,996 408,424 485,622 489,485 599,795 634,470 181,454
168,945 128,994 105,269 122,663 137,636 127,493 102,960
15,203 12,270 14,031 23,672 26,402 23,997 23,371
46,688 39,445 36,999 39,893 37,871 24,036 31,375
4,549 5,408 763 2,039 3,985 3,754 627
15,667 21,525 18,778 15,221 10,475 5,587 1,065
1,876,165 1,904,125 1,927,181 1,773,291 1,762,053 1,832,565 1,815,897
219,570 64,465 65,209 63,839 63,461 63,367 63,806
- - - - - - -
153,800 - - - - - -
3,599 3,495 3,926 3,592 3,655 3,978 4,442
21,248 20,047 19,952 17,864 17,423 17,006 16,200
40,923 40,923 41,331 42,383 42,383 42,383 43,164
- - - - - - -
- - - - - - -
510,856 690,051 705,659 563,287 548,760 611,792 587,274
867,297 874,606 880,461 869,963 872,805 879,553 886,133
278,442 275,003 275,852 276,202 277,027 277,853 278,684

30/06/2019 31/03/2019 31/12/2018 30/09/2018 30/06/2018 31/03/2018 31/12/2017

2,608,239 2,745,864 2,751,422 2,703,128 2,667,636 2,851,709 2,206,223
458,139 724,371 620,502 539,102 522,325 584,311 535,036
33,219 30,142 29,899 11,124 26,625 23,458 34,714
227,966 457,386 340,159 305,620 285,372 265,604 239,403
18,156 35,057 37,164 28,501 23,203 33,822 29,606
39,218 40,869 69,056 63,760 57,509 44,115 18,018
- - 38,720 10,569 - 100,042 100,148
- - - - - - -
- - 92,564 107,983 108,919 108,487 107,322
- - -
139,580 160,917 12,940 11,545 20,697 8,783 5,825
 767,933 654,211 783,400 869,073 993,329 1,133,916 680,262
496,517 393,813 519,992 604,860 677,494 823,055 387,504
244,863 232,507 235,520 244,162 243,426 235,592 207,127
- - 3,467 2,865 2,926 3,229 3,334
19,808 21,703 21,923 17,186 69,483 72,040 82,297
6,745 6,188 2,498 - - - -
1,382,167 1,367,282 1,347,520 1,294,953 1,151,982 1,133,482 990,925
699,002 474,415 474,415 384,331 384,331 384,331 384,331
(41,146) (12,584) (33,221) (14,879) (14,879) (14,879) (14,879)
603,952 828,039 872,230 580,224 580,224 579,807 579,807
- - - - - - -
66,792 56,283 - 374,232 229,629 158,506 -
53,567 21,129 34,096 (28,955) (27,323) 25,717 41,666
30/09/2017 30/06/2017 31/03/2017 31/12/2016 30/09/2016 30/06/2016 31/03/2016
2,284,935 2,357,539 2,266,807 2,164,121 1,706,181 1,712,986 1,745,074
422,579 513,393 427,793 423,603 434,328 433,923 432,549
41,105 249,869 106,938 197,832 63,655 73,095 146,228
221,704 110,796 165,455 89,261 221,513 219,342 142,929
110,903 102,891 109,611 88,688 94,136 94,517 96,328
12,807 11,665 9,963 15,481 14,944 14,400 11,906
32,721 33,174 30,760 30,184 35,720 28,075 29,638
1,641 3,038 3,970 1,437 2,796 2,850 3,323
1,698 1,960 1,096 720 1,564 1,644 2,197
1,862,356 1,844,146 1,839,014 1,740,518 1,271,853 1,279,063 1,312,525
73,493 71,996 70,873 71,027 70,632 68,533 99,117
- - - - - - 28,678
- - - - 11 128 269
4,423 4,728 4,577 4,795 4,815 4,432 4,391
18,503 17,313 17,032 17,751 17,051 16,132 15,294
50,567 49,955 49,264 48,481 48,755 47,841 50,485
- - - - - - -
- - - - - - -
625,588 602,300 - 490,627 23,947 30,942 34,164
883,759 889,632 597,085 896,971 894,540 896,012 894,826
279,516 280,218 890,003 281,893 282,734 283,576 284,418

30/09/2017 30/06/2017 31/03/2017 31/12/2016 30/09/2016 30/06/2016 31/03/2016

2,284,935 2,357,539 2,266,807 2,164,121 1,706,181 1,712,986 1,745,074
620,225 390,258 364,745 428,544 375,429 408,695 405,779
31,128 26,634 25,084 35,855 23,206 23,505 23,175
254,944 190,582 133,393 206,320 202,025 253,830 224,432
26,495 21,783 31,851 28,759 28,622 23,157 34,834
27,023 29,899 30,889 23,728 23,247 21,555 25,248
107,458 4,404 33,961 33,962 2,786 2,789 26,825
3,615 7,210 7,145 7,072 5,300 5,238 3,405
106,191 98,845 92,887 83,962 76,727 66,436 55,663

63,371 10,901 9,535 8,886 13,516 12,185 12,197

673,028 730,558 699,075 653,829 425,707 419,032 470,058
338,559 288,862 266,351 268,805 321,213 320,173 372,771
254,542 246,927 235,714 178,140 30,394 27,754 25,413
2,818 2,996 3,234 23,353 20,787 20,654 20,596
77,109 77,971 85,171 84,132 53,313 50,451 51,278
- 113,802 108,605 99,399 - - -
991,682 1,236,723 1,202,987 1,081,748 905,045 885,259 869,237
384,331 384,331 384,331 384,331 384,331 384,331 384,331
(14,879) (14,879) (14,879) (14,879) (14,879) (14,879) (14,879)
368,260 731,060 730,701 730,701 481,046 481,046 480,839
- - - - - - -
192,820 59,842 34,466 - 65,873 46,591 36,169
61,150 76,369 68,368 (18,405) (11,326) (11,830) (17,223)
31/12/2015 31/12/2014 31/12/2013
1,665,054 1,625,571 1,650,189
362,629 294,485 269,284
126,949 37,755 49,943
95,492 128,444 72,449
91,754 77,614 78,732
19,310 14,158 36,461
26,644 27,405 21,703
1,398 1,991 2,556
1,082 7,118 7,440
1,302,425 1,331,086 1,380,905
95,344 67,510 100,388
27,181 - 38,000
453 1,699 3,307
3,440 3,420 2,278
14,783 12,757 12,757
49,487 49,634 44,046
- - -
- - -
22,060 66,554 82,506
899,891 908,891 923,789
285,130 288,131 274,222

31/12/2015 31/12/2014 31/12/2013

1,665,054 1,625,571 1,650,189
293,480 286,026 248,007
24,103 18,711 18,214
129,908 182,505 149,482
26,763 24,593 17,383
30,872 12,477 10,764
26,826 20,483 16,091
3,368 3,227 3,109
41,173 12,641 11,133

10,467 11,389 21,831

544,351 562,675 660,149
455,424 467,698 591,334
24,889 39,980 42,262
20,597 24,244 21,935
43,441 30,753 4,618
- - -
827,223 776,870 742,033
384,331 384,331 384,331
(14,879) (14,879) (14,879)
480,839 418,127 372,408
- - -
- - 173
(23,068) (10,709) -
 10. Demonstração do Fluxo de Caixa - Controladora

(em milhares de Reais) 1S23

Fluxo de caixa das atividades operacionais
Lucro líquido do exercício
Lucro antes do IR/CS 571,271
Ajustes ao lucro líquido
Depreciação e amortização 46,154
Resultado de ativos -
Provisão para Demandas Judiciais 639
Provisões de juros e outros encargos sobre empréstimos 128,431
Provisão para crédito de liquidação duvidosa (82)
Resultado de equivalência patrimonial (177,303)
Impostos de renda e contribuição social diferidos -
Provisão de Encargos Energia Elétrica -
Reversão da provisão atuarial - Multa FGTS e Aviso Previo -
Provisão de receitas com créditos reembolsáveis -
Pagamento baseado em ações 6,792
Provisão de Receitas com Contrato de Servidão -
Provisão para perda Debêntures - Tecsis -
Amortização de ágio - Tecsis -
Reversão de provisão com perdas - Tecsis -
Realização de resultados abrangentes de exercícios anteriores - Tecsis -
Perdas no primeiro trimestre de 2017 - Tecsis -
Perda financeira com debêntures - Tecsis -
Rendimento de aplicações financeiras mantidas até o vencimento -
Variações Cambiais sobre Aplicações Financeiras -
Resultado na Combinação de Negócios -
Provisão para ajustes de estoques (1,585)
Provisão para contingência ambientais 965
Crédito PIS e COFINS (Exclusão ICMS da base de cálculo) -
Perdas com outros créditos a receber 7
575,289
Variações nos ativos e passivos
Contas a Receber de Clientes 22,338
Impostos a recuperar 31,730
Estoques 208
Outros ativos (12,282)
Fornecedores 3,948
Salários e encargos sociais (17,420)
Impostos, taxas e contribuições (22,902)
Imposto de Renda e Contribuição Social a pagar 1,920
Obrigações de benefícios aos empregados 87
 Outros passivos 10,941
Dividendos e juros sobre capital próprio recebidos -
Aplicações Financeiras Líquida de Resgates -
18,568

Caixa gerado pelas atividades operacionais 593,857

Imposto de renda e contribuição social pagos (309,556)
Caixa liquido gerado pelas atividades operacionais 284,301
Fluxo de caixa das atividades investimentos
Aplicações Financeiras Líquida de Resgates 425,157
Caixa na Aquisição de Ações de Minoritário -
Compras de imobilizado e intangivel (134,680)
Recebimento pela venda do imobilizado -
Desinvestimento Tecsis -
Aporte de capital em empresa investida -
Aquisição de participação em empresa controlada em conjunto / coligada (804)
Aquisição de empresa líquido de caixa -
Outros -
Aquisição de participação em empresa controlada (2,201)
Aquisição de participação em empresa coligada -
Juros recebidos - Créditos com empresas ligadas 5,601
Caixa gerado (aplicado) nas atividades de investimentos 293,073
Fluxo de caixa das atividades de financiamento
Amortização de empréstimos/debêntures (79,147)
Pagamento de juros e outros encargos (78,799)
Captação de empréstimos -
Dividendos pagos (188,155)
Recompra de ações (1,582)
Juros recebidos - Créditos com empresas ligadas -
Outros -
Caixa líquido gerado pelas (aplicado nas) atividades de financiamento (347,683)

Aumento (redução) de caixa e equivalentes de caixa, líquidos 229,691

Caixa e equivalente de caixa no inicio do exercicio 62,709
Caixa e equivalente de caixa no final do exercício 292,400
1T23 2022 9M22 1S22 1T22 2021 9M21 1S21

330,595 1,649,714 1,448,196 1,156,436 517,315 2,350,671 1,466,357 615,142

23,032 95,664 71,543 47,687 23,756 90,086 65,163 43,401

- 403 79 79 66 1,071 30 -
(399) (2,033) 8,723 5,801 (482) 16,509 13,852 8,480
65,128 204,281 136,025 113,349 92,048 7,665 41,859 34,621
- (57) (57) (57) (10) (453) (453) (332)
(98,677) (673,715) (648,240) (630,653) (297,700) (1,264,909) (970,512) (340,258)
- - - - - - - -
- - - - - - - -
- - - - - - - -
- 25,203 (12,705) - - (7,452) (9,316) (5,968)
3,396 - 17,264 - - - - -
- 20,660 - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
(3,344) 5,957 - - - - - -
267 3,387 2,429 1,078 539 2,765 2,492 -
- - - - - (122,794) (163,318) -
7 - - - - - - -
320,005 1,329,464 1,023,257 693,720 335,532 1,073,159 446,154 355,086

2,613 (46,591) (62,002) (16,349) (24,231) (78,126) (56,950) (32,026)

22,695 120,554 73,664 59,206 48,453 43,470 (3,306) (89,983)
(9,062) 12,365 15,956 1,498 9,068 (43,821) (2,755) (18,637)
(6,923) 10,527 10,360 (5,492) (9,124) (45,526) 20,614 (9,349)
21,462 (20,905) (1,609) (23,935) (15,894) 25,644 1,428 7,298
(21,958) 4,806 153 (11,176) (20,811) 19,007 3,857 (7,075)
(7,438) (973) 3,592 197 11,922 6,364 4,241 2,607
- (61,206) (41,456) (41,456) (41,456) (9,882) (1,917) (2,562)
68 193 252 177 90 (105) 40 6
 4,198 (26,500) (32,634) (25,332) (10,053) 42,293 6,177 9,813
- - - - - - - -
- - - - - - - -
5,655 (7,730) (33,724) (62,662) (52,036) (40,682) (28,571) (139,908)

325,660 1,321,734 989,533 631,058 283,496 1,032,477 417,583 215,178

(275,771) (152,382) (124,911) (96,187) (68,533) (103,962) (83,708) (67,163)
49,889 1,169,352 864,622 534,871 214,963 928,515 333,875 148,015

417,582 (166,573) 206,180 (46,679) (100,468) (350,086) (117,366) (39,607)

- - - - - - - -
(37,834) (72,354) (44,311) (14,357) (3,175) (59,126) (39,624) (20,665)
- - - - - - - -
- - - - - - - -
- (6,841) (6,841) - - (35,700) (35,700) (22,500)
- - - - - (8,769) (8,769) (8,769)
- - - - - - - -
- - 33,426 - - - - -
(132) (487) (460) (329) (275) (1,034) - -
- (39,237) (39,237) - - - - -
5,601 33,426 - - - - - -
385,217 (252,066) 148,757 (61,365) (103,918) (454,715) (201,459) (91,541)

- (118,436) (106,307) (94,175) (82,045) (325,286) (313,156) (299,736)

- (143,222) (64,296) (62,972) (5,443) (48,824) (24,538) (19,930)
- 650,120 - - - 1,050,001 550,001 350,001
(125) (1,355,350) (867,247) (257,272) (13,231) (1,365,042) (645,509) (352,710)
- (43,824) (43,824) (29,400) - (248) (248) (248)
- - - 33,707
- - - - - - - -
(125) (1,010,712) (1,081,674) (410,112) (100,719) (689,399) (433,450) (322,623)

434,981 (93,426) (68,295) 63,394 10,326 (215,599) (301,034) (266,149)

62,709 156,135 156,135 156,135 156,135 371,734 371,734 371,734
497,690 62,709 87,840 219,529 166,461 156,135 70,700 105,585
1T21 2020 9M20 1S20 1T20 2019 9M19 1S19

82,527 (72,350) (92,219) 173,505 54,199 66,792

309,319 464,489

21,702 87,448 65,555 43,680 21,839 92,552 67,063 45,316

- 340 75 55 55 95 78 58
5,550 (2,400) 1,894 (202) (1,001) (4,561) (6,609) (1,056)
(6,654) (21,206) (46,698) (49,802) (44,588) 8,850 (5,149) (6,661)
(136) (3,771) (5,019) (5,461) (2,139) (2,127) (2,113) (2,134)
(213,333) (193,647) 66,073 162,619 126,967 32,619 115,467 54,216
- 21,733 19,058 832 (2,689) 7,021 4,615
1,433 1,433 1,433 1,230 617 (7,305) (7,922) 1,720
- - - - - - - -
(5,151) - - - - - - -
- 24,770 24,770 24,770 24,770 - - -
- (1,600) - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
112,730 355,856 212,343 123,597 35,133 290,939 222,035 162,866

(8,711) 692 (14,656) (5,410) (6,697) (23,300) (8,771) (25,834)

1,759 5,611 6,025 5,937 7,520 (5,118) (1,956) (845)
(15,843) (3,149) (11,369) (23,116) 7,471 (1,388) (13,820) (9,558)
(8,683) (8,163) (33,793) (22,794) (21,416) 14,797 981 (6,549)
(11,308) (2,560) (4,944) 19,358 (2,302) (930) (7,379) (210)
(13,333) 18,192 15,643 11,072 2,720 (17,221) (15,646) (18,063)
7,124 38,853 56,847 49,016 1,254 845 (1,012) 1,638
(2,562) (8,332) 52,019 22,538 9,159 94,191 74,560 57,019
168 54 (7) (38) (50) (364) (260) (166)
 8,958 1,566 4,158 2,014 1,162 10,521 6,939 17,262
- - - - - - -
- - - - - - -
(42,431) 42,764 69,923 58,577 (1,179) 72,033 33,636 14,694

70,299 398,620 282,266 182,174 33,954 362,972 255,671 177,560

(51,552) (62,964) (46,994) (34,046) (25,565) (113,020) (98,659) (82,420)
18,747 335,656 235,272 148,128 8,389 249,952 157,012 95,140

(23,938) 76,934 92,828 114,793 91,004 356,042 191,195 235,626

- - - - - - - -
(6,665) (45,298) (34,754) (21,988) (9,043) (38,976) (26,448) (12,436)
- - - - - - - -
- - - - - - - -
(8,500) (12,500) (5,000) - - - - -
- (30,547) - - - - - -
- - (30,547) - - - - -
- - - - - (31,977) - -
- - - - - - - -
- - - - - - -
- - - - - - - -
(39,103) (11,411) 22,527 92,805 81,961 285,089 164,747 223,190

(163,323) (157,156) (133,929) (110,431) (37,279) (548,922) (487,579) (436,157)

(6,068) (30,586) (26,154) (18,646) (9,905) (72,905) (59,626) (47,153)
- 203,000 203,000 203,000 80,000 310,222 310,222 310,222
(144) (110,562) (40,163) (40,159) (61) (24,985) (24,842) (24,879)
(248) (144,201) (143,019) (89,110) (76,205) (112,429) (102,251) (52,116)

- - - 38,193 38,193 -
(169,783) (239,505) (140,265) (55,346) (43,450) (410,826) (325,883) (250,083)

(190,139) 84,740 117,534 185,587 46,900 124,215 (4,124) 68,247

371,734 286,994 286,994 286,994 286,994 162,779 162,779 162,779
181,595 371,734 404,528 472,581 333,894 286,994 158,655 231,026
1T19 2018 9M18 1S18 1T18 2017 9M17 1S17

56,283 528,040 374,232 229,629 158,506 302,657 192,820 59,842

23,105 95,858 71,024 35,167 17,540 68,880 51,451 34,257

24 720 13 13 6 285 271 271
(271) (13,612) (19,678) 2,680 2,513 6,444 (3,324) 267
18,995 85,628 66,368 42,794 16,612 51,565 37,615 22,480
(2,039) (31) 62 (140) (64) (91) (102) (57)
(9,319) (183,520) (97,921) (50,054) (47,915) (45,111) (26,277) 37,751
(1,046) 39,303 53,067 44,841 29,656 (8,749) 32,361 24,245
883 3,883 2,976 2,010 1,462 25,473 22,690 15,136
- - - - - (19,765) (19,765) (19,765)
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - 55,000 - -
- - - - - (110,203) - -
- - - - - 16,432 - -
- - - - - 10,804 - -
- - - - - 55,000 - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
86,615 556,269 450,143 306,940 178,316 408,621 287,740 174,427

(21,686) (2,278) (19,765) (34,537) (24,470) (14,181) (22,113) (14,146)

2,192 9,856 550 (2,244) (162) (7,537) 3,046 3,884
(1,115) (8,215) (9,021) (6,558) 7,693 360 (3,289) (2,552)
(7,439) (17,682) (15,697) (13,230) (8,427) 2,440 205 (1,873)
3,692 (1,007) (23,565) (8,056) (11,243) (1,142) (4,727) (9,221)
(1,816) 10,057 (1,104) (6,402) 4,216 847 (2,264) (6,976)
7,155 (1,521) 1,892 7,526 5,777 2,152 5,340 845
18,032 102,804 80,930 53,478 30,118 29,394 23,873 24,779
(69) (649) (582) (483) (143) (1,126) (886) (669)
 15,276 (56,452) (41,247) (10,870) (9,326) (15,389) (6,731) (22,952)
- - - - - - - -
- - - - - - - -
14,222 34,913 (27,609) (21,376) (5,967) (4,182) (7,546) (28,881)

100,837 591,182 422,534 285,564 172,349 404,439 280,194 145,546

(53,372) (47,230) (34,291) (20,014) (8,312) (37,444) (26,380) (19,427)
47,465 543,952 388,243 265,550 164,037 366,995 253,814 126,119

77,198 (304,169) (308,031) (418,342) (453,017) (92,194) (132,444) (21,536)

- - - - - 11,668 11,668 11,668
(9,881) (47,445) (19,821) (10,597) (5,351) (35,889) (21,712) (15,900)
- - - - - - - -
- - - - - (110,000) (58,500) -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
67,317 (351,614) (327,852) (428,939) (458,368) (226,415) (200,988) (25,768)

(113,093) (236,034) (184,428) (131,188) (2,991) (190,987) (138,025) (135,350)

(24,304) (79,472) (61,187) (38,139) (14,015) (63,870) (35,868) (33,765)
109,172 461,776 461,776 461,776 461,776 353,284 253,284 150,000
(109) (206,961) (89,162) (89,115) (106) (387,365) (288,944) (29,199)
(23,554) (18,342) - - - - - -

- - - - - - - -
(51,888) (79,033) 126,999 203,334 444,664 (288,938) (209,553) (48,314)

62,894 113,305 187,390 39,945 150,333 (148,358) (156,727) 52,037

162,779 49,474 49,474 49,474 49,474 197,832 197,832 197,832
225,673 162,779 236,864 89,419 199,807 49,474 41,105 249,869
1T17 2016 9M16 1S16 1T16 2015 2014 2013

34,466 280,836 65,873 46,591 36,169 87,833 65,591 360,072

17,113 109,611 37,726 25,014 12,484 78,326 46,909 16,912

119 83 40 34 9 727 (11,580) 2,271
(221) 43,716 12,044 10,034 7,179 11,254 23,657 (12,470)
12,927 74,572 59,337 38,566 19,549 98,312 89,832 56,709
11 55 68 153 409 (1,037) 6,701 1,108
17,613 75,431 7,560 826 (7,024) 18,201 3,205 (35,839)
13,032 140,744 4,357 2,111 164 (26,748) (4,103) (2,987)
7,123 41,932 33,864 24,616 12,134 20,829 - -
(19,765) - - - - - - (344,226)
- - - - - - - -
- - - - - - - -
- - - - - - - -
- 37,990 - - - - - (1,058)
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- (4,999) (4,145) (2,999) (1,684) (3,155) - -
- - 10,341 11,798 - - - -
- (490,627) - - - - - -
- - (1,699) (49) (53) 2,257 (706) 46
- - - - - - - -
- - - - - - - -
- - - - - - - -
82,418 309,344 225,366 156,695 79,336 286,799 219,506 40,538

(20,934) 3,466 (2,007) (2,590) (4,798) (11,859) (3,975) 14,276

5,737 2,474 3,090 4,017 6,454 (5,171) 24,075 667
143 (6,508) (9,645) (2,731) (3,452) (3,522) (4,996) (4,325)
(6,670) (8,626) (502) (1,982) 5,642 (15,597) (2,480) 2,348
(10,772) 11,753 (897) (598) (928) 5,392 496 1,928
3,092 1,996 1,859 (3,606) 8,071 2,170 7,210 1,081
4,860 (1,888) (3,961) (467) 403 5,276 1,713 (4,279)
10,776 37,219 26,829 15,854 (6,028) 36,412 - -
(392) 1,894 (8) (74) (67) (3,139) 2,308 (10,096)
 3,001 (149) 5,230 2,856 4,086 6,798 (20,148) 427
- - - - - - - 12,486
- - - - - 8,876 (3,776) 98,686
(11,159) 41,631 19,988 10,679 9,383 25,636 427 113,199

71,259 350,975 245,354 167,374 88,719 312,435 219,933 153,737

(8,461) (42,098) (30,526) (23,904) (13,394) (21,738) (1,094) (2,257)
62,798 308,877 214,828 143,470 75,325 290,697 218,839 151,480

(71,922) 12,302 (105,135) (105,567) (42,920) 7,855 2,870 52,713

11,668 - - - - - - 49,833
(4,617) (39,754) (26,348) (17,168) (5,493) (33,431) (43,302) (13,481)
- - - - 476 6,888 9,688 -
- - - - - - - -
- - - - - - (1,669) -
- - - - - - - -
- - - - - - - (554,428)
- - - - - - - (5,025)
- - - - - - - -
- - - - - - - -
- - - - - - - -
(64,871) (27,452) (131,483) (122,735) (47,937) (18,688) (32,413) (470,388)

(82,639) (108,071) (55,374) (3,600) (1,833) (165,006) (137,079) (111,651)

(6,181) (82,574) (71,373) (47,159) (6,275) (91,813) (86,055) (49,688)
- 3,941 3,941 - - 92,800 40,000 550,000
(1) (23,838) (23,833) (23,830) (1) (18,796) (15,480) (7,112)
- - - - - - - -

- - - - - - - (14,162)
(88,821) (210,542) (146,639) (74,589) (8,109) (182,815) (198,614) 367,387

(90,894) 70,883 (63,294) (53,854) 19,279 89,194 (12,188) 48,479

197,832 126,949 126,949 126,949 126,949 37,755 49,943 1,464
106,938 197,832 63,655 73,095 146,228 126,949 37,755 49,943
11. EBITDA - Controladora

(em R$ mil) 2T23 1T23 2022 4T22 3T22 2T22 1T22 2021 4T21 3T21 2T21 1T21 2020 4T20 3T20 2T20 1T20 2019 4T19 3T19 2T19 1T19 2018 4T18 3T18 2T18 1T18 2017 4T17 3T17 2T17 1T17 2016 4T16 3T16 2T16 1T16 2015 2014
Lucro Líquido 185,677 251,769 1,325,920 148,113 197,841 534,570 445,396 1,984,764 683,964 778,180 245,073 277,547 367,666 285,139 154,877 19,869 (92,219) 173,505 119,306 (12,593) 10,510 56,283 528,040 153,808 144,603 71,123 158,506 302,657 109,837 132,979 25,376 34,466 280,836 214,963 19,282 10,422 36,169 87,833 65,591
Imposto de Renda/Contribuição Social 54,999 78,826 323,793 53,404 93,919 104,551 71,919 365,907 200,350 73,035 60,750 31,772 96,823 13,696 33,199 31,606 18,322 97,199 8,769 26,021 38,573 23,834 139,359 8,111 34,403 38,544 58,301 14,214 (47,080) 6,041 25,217 30,036 187,771 147,297 14,010 10,256 16,208 9,031 9,205
Resultado Financeiro Líquido 46,704 44,350 133,854 52,776 6,113 (164) 75,129 (6,728) 19,886 (5,697) (11,021) (9,896) (39,822) 16,188 813 (8,379) (48,444) (19,118) 10,580 (5,493) (34,175) 9,971 46,486 7,809 12,118 15,455 11,104 33,460 14,348 6,385 3,138 9,588 99,759 49,978 13,950 25,662 10,169 60,868 61,494
Depreciação e amortização 23,121 23,032 95,665 24,122 23,856 23,931 23,756 90,086 24,923 21,762 21,699 21,702 87,448 21,893 21,875 21,842 21,839 92,552 25,486 21,747 22,211 23,105 95,858 24,836 35,857 17,628 17,540 123,879 72,428 17,195 17,144 17,113 109,611 71,885 12,713 12,530 12,484 78,326 46,909

EBITDA ¹ 310,501 397,977 1,879,232 278,415 321,729 662,888 616,200 2,434,029 929,123 867,280 316,501 321,125 512,115 336,916 210,764 64,938 (100,502) 344,138 164,141 29,682 37,119 113,193 809,743 194,564 226,981 142,750 245,451 474,210 149,533 162,600 70,875 91,203 677,977 484,123 59,955 58,870 75,030 236,058 183,199
¹ EBITDA calculado de acordo com a instrução CVM Nº 527/12.
 Movimentação empréstimos e financiamentos de
3/31/2015 12/31/2014 12/31/2013
longo prazo

Saldo incial 467,698 591,334 111,527

Transferências - incorporação Carbocloro - - 42,544

Transferências para dívida de curto prazo -562 -123,636 -112,737

Captações 80,000 - 550,000

Saldo final 547,136 467,698 591,334

 Movimentação de empréstimos e financiamentos
3/31/2015 12/31/2014 12/31/2013
de curto prazo

Saldo incial 182,505 149,482 107,624

Juros, encargos e variações monetárias - despesa 23,058 89,832 56,709

Juros capitalizados 2,530 1,877

Pagamentos de juros -2,001 -85,896 -46,343

Transferências - incorporação Carbocloro - 28,529

Transferências da dívida de longo prazo 562 123,636 112,737

Captações 40,000 -

Pagamento de principal -10,647 -137,079 -111,651

Saldo final 193,477 182,505 149,482

12. Dívida Líquida - Controladora
Empréstimos e financiamentos (valores em R$ 30 de junho de 31 de março de 31 de dezembro de 30 de setembro 30 de junho de 31 de março de 31 de dezembro de 30 de setembro 30 de junho de 31 de março de 30 de dezembro 30 de setembro de 30 de junho de 31 de março de 31 de dezembro de 30 de setembro de 30 de junho de 31 de março de 31 de dezembro 30 de setembro 30 de junho 31 de março 31 de dezembro 30 de setembro 30 de junho 31 de março 31 de dezembro 30 de setembro 30 de junho 31 de março 31 de dezembro 31 de dezembro
Moeda
mil) 2023 2023 2022 de 2022 2022 2022 2021 de 2021 2021 2021 de 2020 2020 2020 2020 2019 2019 2019 2019 de 2018 de 2018 de 2018 de 2018 de 2017 de 2017 de 2017 de 2017 de 2016 de 2016 de 2016 de 2016 de 2015 de 2014
Financiamentos em moeda nacional 1,970,991 2,076,160 2,015,449 1,395,467 1,371,590 1,388,824 1,431,110 926,482 717,586 503,914 657,872 676,747 696,437 647,901 611,547 676,360 724,483 851,199 860,151 910,235 961,925 1,087,238 624,887 590,988 476,213 396,068 470,747 518,284 568,516 590,466 577,225 642,742
Debêntures R$ 1,008,635 1,131,625 1,102,149 1,137,322 1,107,311 1,120,772 1,157,764 648,566 630,935 274,864 337,653 336,700 334,366 387,846 406,150 458,658 455,104 504,205 507,930 555,522 555,612 602,191 252,554 313,913 306,299 372,419 361,418 410,137 460,598 484,682 467,769 566,491
Notas Promissórias R$ 256,007 249,664 242,631 233,252 226,627 217,755 210,640 203,782 - - - - - - - - - - - - - - - - 0 - - - - - - -
Capital de Giro R$ - 12,570 12,347 24,893 37,652 50,297 62,706 74,134 85,362 226,484 316,382 334,945 355,711 252,455 196,579 207,692 258,213 334,690 338,815 340,223 389,594 466,122 351,234 253,852 148,107 - - - - - - 59,427
BNDES R$ - - - - - - - - 1,289 2,565 3,837 5,102 6,360 7,600 8,818 10,010 11,166 12,304 13,406 14,490 16,719 18,925 21,099 23,223 21,807 23,649 25,396 27,088 23,934 24,771 25,614 16,824
Outros R$ 706,349 682,301 658,322 - - - - - - - - - - - - - - - - - - - - - - - 83,933 81,059 83,984 81,013 83,842 -
Financiamentos em moeda estrangeira 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 244 941 1,421 2,020 2,515 3,231 3,676 4,378 4,954 5,487 6,737 8,107 7,461
BNDES US$ - - - - - - - - - - - - - - - - - - - 244 941 1,421 2,020 2,515 3,231 3,676 4,378 4,954 5,487 6,737 8,107 7,461
Dívida Bruta 1,970,991 2,076,160 2,015,449 1,395,467 1,371,590 1,388,824 1,431,110 926,482 717,586 503,914 657,872 676,747 696,437 647,901 611,547 676,360 724,483 851,199 860,151 910,479 962,866 1,088,659 626,907 593,503 479,444 399,744 475,125 523,238 574,003 597,203 585,332 650,203
Caixa e equivalentes de caixa e Aplicações financeiras 436,549 649,414 632,015 284,393 668,941 669,662 558,867 240,712 197,838 258,179 424,380 441,280 487,368 372,470 416,575 453,083 481,022 634,097 648,401 726,349 689,214 834,277 230,928 262,809 360,665 272,393 287,093 285,168 292,437 317,835 249,622 166,199
Caixa e equivalentes de caixa 292,400 497,690 62,709 87,840 219,529 166,461 156,135 70,700 105,585 181,595 371,734 404,528 472,581 333,894 286,994 158,655 231,026 225,673 162,779 236,864 89,419 199,807 49,747 41,105 249,869 106,938 197,832 63,655 73,095 146,228 126,949 37,755
Aplicações financeiras 144,149 151,724 569,306 196,553 449,412 503,201 402,732 170,012 92,253 76,584 52,646 36,752 14,787 38,576 129,581 294,428 249,996 408,424 485,622 489,485 599,795 634,470 181,454 221,704 110,796 165,455 89,261 221,513 219,342 171,607 122,673 128,444
Dívida Líquida 1,534,442 1,426,746 1,383,434 1,111,074 702,649 719,162 872,243 685,770 519,748 245,735 233,492 235,467 209,069 275,431 194,972 223,277 243,461 217,102 211,750 184,130 273,652 254,382 395,979 330,694 118,779 127,351 188,032 238,070 281,566 279,368 335,710 484,004
EBITDA udm¹ 1,308,622 1,661,009 1,879,233 2,529,940 3,075,491 2,729,104 2,434,029 1,841,822 1,185,305 933,742 512,115 339,341 158,263 130,443 344,138 374,560 571,855 677,485 809,743 764,714 700,333 628,460 474,210 808,800 706,156 694,150 677,977 260,648 231,725 254,480 236,058 183,199
Dívida Líquida/EBITDA udm¹ 1.17x 0.86x 0.74x 0.44x 0.23x 0.26x 0.36x 0.37x 0.44x 0.26x 0.46x 0.69x 1.32x 2.11x 0.57x 0.60x 0.43x 0.32x 0.26x 0.24x 0.39x 0.40x 0.84x 0,41x 0.17x 0,18x 0,28x 0.91x 1.22x 1.10x 1.42x 2.64x

¹ EBITDA calculado de acordo com a instrução CVM Nº 527/12.