In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 |
| 20-F | 20-F | 20-F | 20-F |
Net income from continuing operations | | | | |
Profit from discontinued operation | | | | |
Net income for the year | | | | |
Adjustment to reconcile net income for the year to net cash flows | | | | |
Deferred income tax and social contribution | | | | |
Loss (gain) on disposal of property, plant and equipment and leasing write-off | | | | |
Depreciation and amortization | | | | |
Financial charges | | | | |
Share of profit of associate | | | | |
(Reversal of) provision for legal proceedings | | | | |
Provision write-off assets | | | | |
Provision for stock option | | | | |
Provision for allowance for inventory losses and damages | | | | |
Allowance for doubtful accounts | | | | |
Adjustments to reconcile profit (loss) | | | | |
Variations in operating assets and liabilities | | | | |
Trade receivables | | | | |
Inventories | | | | |
Recoverable taxes | | | | |
Restricted deposits for legal proceedings | | | | |
Other assets | | | | |
Trade payables, net | | | | |
Payroll and related taxes | | | | |
Related parties | | | | |
Provision for legal proceedings | | | | |
Taxes and social contributions payable | | | | |
Deferred revenue | 68 | 128 | -107 | -153 |
|
Dividends received | | | | |
Other liabilities | | | | |
Income tax and social contribution, paid | | | | |
Cash flows from (used in) operations | | | | |
Net cash generated by operating activities | | | | |
Cash flow investment activities | | | | |
Capital contribution in associates | | | -31 | |
|
Purchase of property, plant and equipment | | | | |
Purchase of intangible assets | | | | |
Proceeds from the sale of property, plant and equipment | | | | |
Proceeds from the sale of assets held for sale | | | | |
Purchase of investment property | | | | |
Purchase of assets held for sale | -250 | -403 | | |
Subsidiary spin-off | | | -3,687 | |
Net cash from corporate reorganization | | | -14 | |
Net cash used in investment activities | | | | |
Cash flow financing activities | | | | |
Capital contribution | | | | |
Proceeds from borrowings and financing | | | | |
Payment of borrowings and financing | | | | |
Payment of interest on borrowings and financing | -783 | -406 | -549 | |
|
Dividends and interest on own capital paid | | | | |
Payment of lease liabilities | | | | |
Payment of interest on lease liabilities | -42 | -8 | -5 | |
Transaction with non-controlling interest | | | 2 | |
Net cash generated by (used in) financing activities | | | | |
Net increase (decrease) in cash and cash equivalents | | | | |
Exchange rate variation on cash and cash equivalents | | | | |