Investor Presentaiton
(b) Changes
Opening balance for the year
2021
25,065
2020
19,755
New borrowing
4,414
11,772
Interest
1,395
1,314
(i) Refers to the business combination operation of indirect subsidiary St. Marys, as des-
cribed in Notes 1.1 (o) and 1.1 (v).
(ii) Refers to the curve value of the combined financial instruments designated as hedge
accounting.
Addition of borrowing fees, net of amortization
16
10
Fair value adjustment
(53)
26
Foreign exchange variation
1,387
4,345
Payments interest
(1,410)
(1,263)
Payments principal
(6,779)
(10,846)
Effect of subsidiary included in consolidation (i)
523
Reclassification to liabilities related to assets held for sale
(55)
(c) New borrowing and amortizations
Through the funding and prepayment of certain debts, the Company seeks
to extend the average maturities, as well as to balance the exposure to
different currencies for loans and financing against cash generation in these
currencies.
Adjustment through other comprehensive income (ii)
404
Gain on debt renegotiation
Other
Closing balance for the year
42
6
1
The main funding operations carried out during the year were as follows:
25,004
25,065
Date
Feb-21
Mar-21
Mar-21
Mar-21
Company
St Marys Cement Inc.
Votorantim Cimentos S.A.
Votorantim Cimentos N/NE S.A.
Votorantim Cimentos S.A.
Type
Currency
Syndicated loan/bilateral agreements
Debentures
CAD
Principal
(25)
Principal BRL
(107)
Maturity Cost
2024 CDOR 03M +0.99%
BRL
(450)
(450)
2026 CDI 1.45%
Debentures CRI
BRL
(136)
(136)
2033 IPCA + 4.4657%
Debentures CRI
BRL
(264)
(264)
2033 IPCA + 4.4657%
Apr-21
St Marys Cement Inc.
Syndicated loan/bilateral agreements
CAD
(60)
(265)
2024 CDOR 03M + 0.99%
Apr-21
St Marys Cement Inc.
Syndicated loan/bilateral agreements
USD
(80)
(432)
2024 LIBOR 03M + 0.99%
May-21
Mineração Dardanelos Ltda
BNDES
BRL
(160)
(160)
2040 IPCA + 5.52%
Jun-21
Mineração Dardanelos Ltda
BNDES
BRL
(101)
(101)
2040 IPCA + 5.52%
Jun-21
Votorantim Cimentos S.A.
Loans Law 4.131/1962
USD
(50)
(267)
2026 CDI + 1.50%
Jul-21
Votorantim Cimentos S.A.
Loans Law 4.131/1962
USD
(50)
(249)
2026 CDI + 1.50%
Jul-21
Aug-21
Aug-21
Oct-21
Votorantim Cimentos EAA Inversiones S.L.
Votorantim Cimentos EAA Inversiones S.L.
Votorantim Cimentos EAA Inversiones S.L.
Votorantim Cimentos S.A.
Syndicated loan/bilateral agreements
EUR
(35)
(215)
2026 EURIBOR 03M + 1.65%
Syndicated loan/bilateral agreements
EUR
(40)
(246)
2026 EURIBOR 06M +1.70%
Syndicated loan/bilateral agreements
EUR
(50)
(307)
2026 1.65% pré
Debentures
BRL
(500)
(500)
2028 CDI 1.55%
Dec-21
Companhia Brasileira de Aluminio
Debentures
BRL
(230)
(230)
2029 CDI 1.55%
162
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