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  "pp-value-1-1": {
   "value": "O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r (<span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po)<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>u\u00eddo<span class=\"_ _0\"></span> pel<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>The<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>y,<span class=\"_ _0\"></span> S.A<span class=\"_ _0\"></span>., <span class=\"_ _0\"></span>cuj<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sign<span class=\"_ _0\"></span>a\u00e7\u00e3on\u00e3o<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>fr<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>exe<span class=\"_ _0\"></span>rc\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>at\u00e9 <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>15<span class=\"_ _0\"></span> den<span class=\"_ _0\"></span>omi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>a Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>uce<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>S.A<span class=\"_ _0\"></span>.),<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>las<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>as sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span>. 1.1.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Apre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo </span></span>A g<span class=\"_ _0\"></span>\u00e9n<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o N<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>igat<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nta <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>anos<span class=\"_ _0\"></span> 50<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o s\u00e9<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> XX,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>uma eq<span class=\"_ _0\"></span>uip<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>t\u00e9cn<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>panh<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>Po<span class=\"_ _0\"></span>rtu<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> Ce<span class=\"_ _0\"></span>lul<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Caci<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>orn<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>ss\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esa <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>mei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>no m<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> br<span class=\"_ _0\"></span>anq<span class=\"_ _0\"></span>uea<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> eu<span class=\"_ _0\"></span>cali<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sulf<span class=\"_ _0\"></span>ato.<span class=\"_ _0\"></span> Em <span class=\"_ _0\"></span>19<span class=\"_ _0\"></span>76<span class=\"_ _0\"></span> foi<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>Po<span class=\"_ _0\"></span>rtu<span class=\"_ _0\"></span>cel<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>P c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ltad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>acio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da in<span class=\"_ _0\"></span>d\u00fas<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>elu<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>que,<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ela <span class=\"_ _0\"></span>fus<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>CPC <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>nhi<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Cel<span class=\"_ _0\"></span>ulo<span class=\"_ _0\"></span>se,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A.R<span class=\"_ _0\"></span>.L.<span class=\"_ _0\"></span> (C<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>a),<span class=\"_ _0\"></span> So<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>l </span></span>\u2013<span class=\"_ _9b\"> </span><span class=\"ff1\">Soc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e In<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e C<span class=\"_ _0\"></span>elul<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>S.A<span class=\"_ _0\"></span>.R.<span class=\"_ _0\"></span>L. <span class=\"_ _0\"></span>(Se<span class=\"_ _0\"></span>t\u00fa<span class=\"_ _0\"></span>bal)<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>Celt<span class=\"_ _0\"></span>ej<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> C<span class=\"_ _0\"></span>elul<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Te<span class=\"_ _0\"></span>jo<span class=\"_ _0\"></span>, S.<span class=\"_ _0\"></span>A.R<span class=\"_ _0\"></span>.L.</span></span></span>(Vi<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span> Ve<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> R\u00f3<span class=\"_ _0\"></span>d\u00e3o<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> Cel<span class=\"_ _0\"></span>nor<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> Cel<span class=\"_ _0\"></span>ulo<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A.R<span class=\"_ _0\"></span>.L.<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>Via<span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Cas<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>lo)<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> Cel<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>s </span></span>do<span class=\"_ _0\"></span> Gu<span class=\"_ _0\"></span>adi<span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A.<span class=\"_ _0\"></span>R.L<span class=\"_ _0\"></span>. (<span class=\"_ _0\"></span>Mo<span class=\"_ _0\"></span>ur\u00e3<span class=\"_ _0\"></span>o) <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>rou <span class=\"_ _0\"></span>a P<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tuc<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Cel<span class=\"_ _0\"></span>ulo<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>e P<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>e </span></span>Por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>E.P<span class=\"_ _0\"></span>., <span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>nsf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>an\u00f3<span class=\"_ _0\"></span>nim<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>is m<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>tari<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>\u00fabl<span class=\"_ _0\"></span>ico<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o Dec<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>to-<span class=\"_ _0\"></span>Le<span class=\"_ _0\"></span>i n<span class=\"_ _0\"></span>.\u00ba <span class=\"_ _0\"></span>405<span class=\"_ _0\"></span>/9<span class=\"_ _0\"></span>0, d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>21 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> dez<span class=\"_ _0\"></span>emb<span class=\"_ _3b\"></span>ro. Pos<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>rme<span class=\"_ _0\"></span>nte<span class=\"_ _3b\"></span>, com<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ultad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a P<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tuc<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> </span></span>Cel<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> Pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ugal<span class=\"_ _0\"></span>, S.<span class=\"_ _0\"></span>A.,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>enom<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ucel<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>SGPS<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A.,<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>\u00e0 sua<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vati<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 1<span class=\"_ _0\"></span>993<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o da <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>l S<span class=\"_ _0\"></span>.A.<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>31 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>se ano<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o D<span class=\"_ _0\"></span>ecr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>o-L<span class=\"_ _0\"></span>ei <span class=\"_ _0\"></span>n.\u00ba<span class=\"_ _0\"></span> 39<span class=\"_ _0\"></span>/93<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 1<span class=\"_ _0\"></span>3 d<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>rei<span class=\"_ _0\"></span>ro,<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ex-<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>as pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cipai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>soci<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>sed<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Av<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>\u00fabal<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Comp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y, <span class=\"_ _0\"></span>S.A.29<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>-86<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>Set<span class=\"_ _0\"></span>\u00fab<span class=\"_ _0\"></span>alSoc<span class=\"_ _0\"></span>ied<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>\u00f3ni<span class=\"_ _0\"></span>maPor<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>galMit<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>\u2013 A<span class=\"_ _0\"></span>part<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o 5<span class=\"_ _0\"></span>5Port<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>alA p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>pal<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ste <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>cri<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>(U<span class=\"_ _0\"></span>WF<span class=\"_ _0\"></span>) e d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> us<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>om\u00e9<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span><span class=\"ff7\">tiss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span><span class=\"ff1\">), e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>te d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma </span></span>mat<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>m t<span class=\"_ _0\"></span>oda<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or, <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sde <span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tig<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>volv<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o \u00e0<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>uisi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> br<span class=\"_ _0\"></span>anq<span class=\"_ _0\"></span>uea<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> euc<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>pto\u2013<span class=\"_ _9b\"> </span><span class=\"ff1\">pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>BEK<span class=\"_ _0\"></span>P <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> e<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>t\u00e9r<span class=\"_ _0\"></span>mic<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>\u00e9tr<span class=\"_ _0\"></span>ica,<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> a r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pet<span class=\"_ _0\"></span>iva</span></span></span>com<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o.Em <span class=\"_ _0\"></span>19<span class=\"_ _0\"></span>95<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>hav<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ser<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>o me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>cado<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>cati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>u c<span class=\"_ _0\"></span>apit<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>. Com<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>jet<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>rar<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>\u00fas<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra e<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tuc<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>adq<span class=\"_ _0\"></span>uiri<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>a P<span class=\"_ _0\"></span>ap\u00e9<span class=\"_ _0\"></span>isInap<span class=\"_ _0\"></span>a, <span class=\"_ _3b\"></span>S.A. (<span class=\"_ _0\"></span>Se<span class=\"_ _0\"></span>t\u00fab<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>), <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 200<span class=\"_ _0\"></span>0,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Sop<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>cel<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013</span> <span class=\"_ _0\"></span>Soc<span class=\"_ _0\"></span>ied<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A. <span class=\"_ _0\"></span>(F<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>uei<span class=\"_ _0\"></span>ra da <span class=\"_ _0\"></span>Fo<span class=\"_ _0\"></span>z),<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 2<span class=\"_ _0\"></span>001<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Este<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>movi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rat\u00e9<span class=\"_ _0\"></span>gic<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>m de<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span>rig<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ao <span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> Por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>cel<span class=\"_ _0\"></span> So<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>rce<span class=\"_ _0\"></span>l (a<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po N<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>que <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>atua<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o ma<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>r eu<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>u de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a b<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>cali<span class=\"_ _0\"></span>pto <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pap<span class=\"_ _0\"></span>\u00e9is<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>inos<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vesti<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiva<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>uma cap<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 1,<span class=\"_ _0\"></span>6 e<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>,6 <span class=\"_ _0\"></span>mil<span class=\"_ _0\"></span>h\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ton<span class=\"_ _0\"></span>elad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> anu<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>erca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 255<span class=\"ls0\"> mi<span class=\"_ _0\"></span>l t<span class=\"_ _0\"></span>one<span class=\"_ _0\"></span>lad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> (3<span class=\"_ _0\"></span>00 <span class=\"_ _0\"></span>mil<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>1)<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>gra<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ante<span class=\"_ _3b\"></span> na pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e </span>pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> UW<span class=\"_ _0\"></span>F e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span><span class=\"ff7\">tiss<span class=\"_ _0\"></span>ue<span class=\"ff1\">.<span class=\"_ _0\"></span> </span></span>Em <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>4 o <span class=\"_ _0\"></span>Est<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ugu<span class=\"_ _0\"></span>\u00eas<span class=\"_ _0\"></span> alie<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> <span class=\"ff7\">tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>che<span class=\"ff1\"> <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 30<span class=\"_ _0\"></span>% d<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Po<span class=\"_ _0\"></span>rtu<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>l q<span class=\"_ _0\"></span>ue </span></span>foi<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>dq<span class=\"_ _0\"></span>uiri<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Sema<span class=\"_ _0\"></span>pa <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> la<span class=\"_ _0\"></span>n\u00e7o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> OP<span class=\"_ _0\"></span>A t<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a ass<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po, <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>asse<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> cor<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>onde<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a 6<span class=\"_ _0\"></span>7,1%<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a P<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>ucel<span class=\"_ _0\"></span>. Em <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>6 o <span class=\"_ _0\"></span>Es<span class=\"_ _0\"></span>tado<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ugu<span class=\"_ _0\"></span>\u00eas <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>uiu<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>3\u00aa e<span class=\"_ _0\"></span> \u00fa<span class=\"_ _0\"></span>lti<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>fas<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>atiz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a P<span class=\"_ _0\"></span>a<span class=\"ls12\">rp</span>\u00fab<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>SGP<span class=\"_ _0\"></span>S, S<span class=\"_ _0\"></span>.A.<span class=\"_ _0\"></span> (e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>-Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>uce<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>SGP<span class=\"_ _0\"></span>S, <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> 25<span class=\"_ _0\"></span>,72%<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Soci<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>. De <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>09<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>nho <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>15,<span class=\"_ _0\"></span> a S<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e fo<span class=\"_ _0\"></span>i d<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ais d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>75%<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ta e<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ndir<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ela Sem<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>a <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> So<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Inv<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>est\u00e3<span class=\"_ _0\"></span>o S<span class=\"_ _0\"></span>GPS<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A.<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>clui<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>as)<span class=\"_ _0\"></span>, te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> </span></span>pe<span class=\"_ _0\"></span>rce<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>trol<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> vot<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>duz<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 70<span class=\"_ _0\"></span>% e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>resu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>\u00fabli<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>t\u00ed<span class=\"_ _0\"></span>tulo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> Por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>cel<span class=\"_ _0\"></span> por<span class=\"_ _0\"></span> t\u00ed<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>los <span class=\"_ _0\"></span>Se<span class=\"_ _0\"></span>map<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>15,<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>lme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span> 6<span class=\"_ _0\"></span>9,9<span class=\"_ _0\"></span>7%. Em <span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>reir<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>15, <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>trou<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>egm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span><span class=\"ff7\">Tiss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span><span class=\"ff1\">, c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>aqu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> AMS<span class=\"_ _0\"></span>-BR<span class=\"_ _0\"></span> </span></span>Sta<span class=\"_ _0\"></span>r P<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>r,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>(at<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>Tis<span class=\"_ _0\"></span>sue<span class=\"_ _0\"></span> R\u00f3<span class=\"_ _0\"></span>d\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>\u00e9m <span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a uma<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>em V<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>a V<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>R\u00f3d<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tru\u00ed<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dus<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Avei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>agos<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>18<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>\u00e9 op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>a pe<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Tis<span class=\"_ _0\"></span>sue<span class=\"_ _0\"></span> Av<span class=\"_ _0\"></span>eiro<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span>, se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> mai<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> pro<span class=\"_ _0\"></span>dut<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>rtu<span class=\"_ _0\"></span>gu\u00ea<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e o <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rce<span class=\"_ _0\"></span>iro <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>Pe<span class=\"_ _0\"></span>n\u00edn<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>a Ib<span class=\"_ _0\"></span>\u00e9r<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a cap<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 13<span class=\"_ _0\"></span>0 m<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>nel<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>20 m<span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>nel<span class=\"_ _0\"></span>adas.<span class=\"_ _0\"></span> A T<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny,<span class=\"_ _0\"></span> S.A.<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>The<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>ny <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span>) \u00e9<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ade abe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>xt <span class=\"_ _0\"></span>Lis<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>a, c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> o c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ital<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ocia<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>repr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> por<span class=\"_ _3b\"></span> a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>nomi<span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>s. Ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal <span class=\"_ _0\"></span>So<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l:<span class=\"ff1\"> <span class=\"_ _0\"></span><span class=\"ff9\">\u20ac5<span class=\"_ _0\"></span>00.0<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>.<span class=\"ff1\">00<span class=\"_ _0\"></span>0 </span></span></span>N.I<span class=\"_ _0\"></span>.P.<span class=\"_ _0\"></span>C.:<span class=\"_ _0\"></span><span class=\"ff1\"> 50<span class=\"_ _0\"></span>3 <span class=\"_ _0\"></span>025<span class=\"_ _0\"></span> <span class=\"ls16\">798</span></span>Des<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> So<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l:Se<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>So<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l:For<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> J<span class=\"_ _0\"></span>ur\u00ed<span class=\"_ _0\"></span>dica<span class=\"_ _0\"></span>:1.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Impa<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nf<span class=\"_ _3b\"></span>li<span class=\"_ _1\"></span>to<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r </span></span>na<span class=\"_ _0\"></span> Uc<span class=\"_ _0\"></span>r\u00e2<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>a Em <span class=\"_ _0\"></span>21<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e fe<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2, <span class=\"_ _0\"></span>a Fe<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> R<span class=\"_ _0\"></span>uss<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>ceu<span class=\"_ _0\"></span> of<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>alme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dua<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>\u00fabli<span class=\"_ _0\"></span>cas se<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>les<span class=\"_ _0\"></span>te d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Ucr<span class=\"_ _0\"></span>\u00e2ni<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>riz<span class=\"_ _0\"></span>ou o<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>lit<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> nes<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>rri<span class=\"_ _0\"></span>t\u00f3r<span class=\"_ _0\"></span>io. E<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>24 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fe<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>reir<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>opa<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> inv<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>a U<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>\u00e2nia <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>u-se<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>fli<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>mili<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r g<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>raliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o ne<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>a\u00eds,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> tem<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>cado<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>riai<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> h<span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>uz<span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esl<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s mas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>opul<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span>  Em <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>osta<span class=\"_ _0\"></span>, m<span class=\"_ _0\"></span>\u00fal<span class=\"_ _0\"></span>tipl<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>di\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>onde<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>ui, <span class=\"_ _0\"></span>a U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>\u00e3o E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>opei<span class=\"_ _0\"></span>a,<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>ino<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>Su\u00ed\u00e7a<span class=\"_ _0\"></span>, Est<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>Uni<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Am<span class=\"_ _0\"></span>\u00e9r<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>, Can<span class=\"_ _0\"></span>ad\u00e1<span class=\"_ _0\"></span>, J<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a Au<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>r\u00e1l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>este<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onfl<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ini<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>m a a<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e di<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rsa<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>an\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>\u00f3mi<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>R\u00fa<span class=\"_ _0\"></span>ssia<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rsos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>con\u00f3<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> e,<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>vez<span class=\"_ _0\"></span>es,<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>Biel<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>\u00fas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>a. Po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>, a <span class=\"_ _0\"></span>R\u00fa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>a in<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ou u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>ia\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>b\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>as ec<span class=\"_ _0\"></span>on\u00f3<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as l<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a R\u00fa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>apar<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s rus<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span>. A m<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>an\u00e7<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>acr<span class=\"_ _0\"></span>oec<span class=\"_ _0\"></span>on\u00f3<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>eop<span class=\"_ _0\"></span>ol\u00ed<span class=\"_ _0\"></span>tico<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>urop<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>lit<span class=\"_ _0\"></span>o aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tou<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>tez<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> gl<span class=\"_ _0\"></span>obai<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>o-<span class=\"_ _0\"></span>se \u00e0<span class=\"_ _0\"></span>: <span class=\"_ _0\"></span>i) <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>usp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s\u00e3o <span class=\"_ _0\"></span>e/<span class=\"_ _0\"></span>ou di<span class=\"_ _0\"></span>sr<span class=\"_ _0\"></span>up\u00e7\u00e3<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> neg<span class=\"_ _0\"></span>\u00f3c<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> sed<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u de<span class=\"_ _0\"></span> or<span class=\"_ _0\"></span>ige<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>R\u00fa<span class=\"_ _0\"></span>ssia<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> Uc<span class=\"_ _0\"></span>r\u00e2ni<span class=\"_ _0\"></span>a;<span class=\"_ _0\"></span> ii<span class=\"_ _0\"></span>) au<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>re\u00e7<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span><span class=\"ff7\">comm<span class=\"_ _0\"></span>odi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"ff1\">, <span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>al\u00e7<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mbu<span class=\"_ _0\"></span>st\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>\u00f3s<span class=\"_ _0\"></span>sei<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>os m<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>cere<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s; i<span class=\"_ _0\"></span>ii<span class=\"_ _0\"></span>) </span></span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>tez<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n\u00f3mi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> gl<span class=\"_ _0\"></span>oba<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> esp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>atil<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span>s de<span class=\"_ _3b\"></span> c\u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>axas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>la\u00e7\u00e3<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span>Ev<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>orne<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gia,<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>abas<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>cime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>mat\u00e9<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>s-<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> ou <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>eio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>log\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntin<span class=\"_ _0\"></span>uar<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nomi<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>glo<span class=\"_ _0\"></span>bal<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>cul<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> norm<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> fun<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>te e<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s. Con<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>nun<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>r\u00e7o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>sus<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>a R<span class=\"_ _0\"></span>\u00fas<span class=\"_ _0\"></span>sia<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>Bie<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>r\u00fas<span class=\"_ _0\"></span>sia<span class=\"_ _0\"></span> e e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e1 a<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>anh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>riz<span class=\"_ _0\"></span>ar con<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ua\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ao n<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>afi<span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te e<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>toda <span class=\"_ _0\"></span>a cad<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>nec<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> des<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>aba<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> made<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>at\u00e9ri<span class=\"_ _0\"></span>as-<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> </span></span>sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>luin<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uest<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de l<span class=\"_ _0\"></span>og\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ca)<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>nos <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>vi\u00e7<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> t\u00e9<span class=\"_ _0\"></span>cni<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>apo<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>stad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>geir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>nos <span class=\"_ _0\"></span>Pr<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>erv<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>me <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>tso<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>cing<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>.  Fac<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s da<span class=\"_ _0\"></span> R<span class=\"_ _0\"></span>\u00fass<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Ucr<span class=\"_ _0\"></span>\u00e2ni<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ndas<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po, <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>rep<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>m me<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 1<span class=\"_ _0\"></span>% c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>\u00eanc<span class=\"_ _0\"></span>ia a<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>21 e<span class=\"_ _0\"></span> 0%<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 20<span class=\"_ _0\"></span>22,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> o Sem<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>a \u2013<span class=\"_ _0\"></span> So<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Inv<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>est\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>SGP<span class=\"_ _0\"></span>S, <span class=\"_ _0\"></span>S.<span class=\"_ _0\"></span>A.Sod<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span> \u2013<span class=\"_ _0\"></span> SG<span class=\"_ _0\"></span>PS, <span class=\"_ _0\"></span>S.A<span class=\"_ _0\"></span>.Uma<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> det<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>hada<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> ra<span class=\"_ _0\"></span>mo d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>g\u00f3c<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tra-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>vul<span class=\"_ _0\"></span>gad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 2<span class=\"_ _0\"></span>.1<span class=\"_ _0\"></span> <span class=\"ff15\">\u2013</span> R<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>o po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s. A N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>clu\u00ed<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>\u00edme<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> da:<span class=\"_ _0\"></span>   <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a-m<span class=\"_ _0\"></span>\u00e3e,<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>da ent<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>al. fac<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>n\u00e3o <span class=\"_ _0\"></span>afe<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>m di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>nec<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xpo<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o di<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>cr\u00e2<span class=\"_ _0\"></span>nia<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> R\u00fa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>a \u00e9<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>n\u00f3c<span class=\"_ _0\"></span>ua. Ape<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to g<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>liza<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>agi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ndu\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>a po<span class=\"_ _0\"></span>l\u00edt<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> neg<span class=\"_ _0\"></span>\u00f3c<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>egui<span class=\"_ _0\"></span>u c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nsar<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>siva<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>av\u00e9s<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e u<span class=\"_ _0\"></span>ma po<span class=\"_ _0\"></span>l\u00edt<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>ns\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>justa<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>\u00e7os <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stra<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ficaz<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>m com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>duti<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>us a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>dus<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> efi<span class=\"_ _0\"></span>ci\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>at\u00e9ri<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>-p<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>as e<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>as. A N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>sar <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a pe<span class=\"_ _0\"></span>rf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ixa<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nfl<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> mil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>Ucr<span class=\"_ _0\"></span>\u00e2ni<span class=\"_ _0\"></span>a<span class=\"ls10\">, </span>nom<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>dam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> n\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>lg<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>onta<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>l\u00eds<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>rele<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>ssa <span class=\"_ _0\"></span>an\u00e1<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se n\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>aram<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>sq<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> ind<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e. Rec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Go<span class=\"_ _0\"></span>odw<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>l O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>alis<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>iam <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>d\u00edc<span class=\"_ _0\"></span>ios <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>rra <span class=\"_ _0\"></span>na Ucr<span class=\"_ _0\"></span>\u00e2n<span class=\"_ _0\"></span>ia,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tuai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>nas <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>sci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>PIB <span class=\"_ _0\"></span>e da <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ugal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>o F<span class=\"_ _0\"></span>MI e<span class=\"_ _0\"></span> B<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> pod<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>iam<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ciar <span class=\"_ _0\"></span>a ex<span class=\"_ _0\"></span>ist\u00ea<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do G<span class=\"_ _0\"></span>ood<span class=\"_ _0\"></span>wil<span class=\"_ _0\"></span>l. <span class=\"_ _0\"></span>N\u00e3o<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>am i<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ficad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>d\u00edc<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de s<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> o Goo<span class=\"_ _0\"></span>dw<span class=\"_ _0\"></span>ill,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>tind<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>olga <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ace<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>l\u00eds<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>uni<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e cai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>(n<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 3<span class=\"_ _0\"></span>.1)<span class=\"_ _0\"></span>. Rec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>, vi<span class=\"_ _3b\"></span>da \u00fat<span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>depr<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis Ten<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>umo<span class=\"_ _0\"></span> glo<span class=\"_ _0\"></span>bal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>WF,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>da p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> fol<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos,<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>stem<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>d\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>t\u00eanc<span class=\"_ _0\"></span>ia d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fix<span class=\"_ _0\"></span>os t<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span>.  Pr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os a<span class=\"_ _3b\"></span>tuari<span class=\"_ _0\"></span>ais O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>alio<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> des<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l a<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e b<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ef\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>gado<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> p\u00f3<span class=\"_ _0\"></span>s-e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span>A d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>ni\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>liza<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>ntar<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>\u00e9cni<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>) b<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>eia-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> cur<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>tabi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e (<span class=\"_ _0\"></span><span class=\"ff7\">yie<span class=\"_ _0\"></span>ld<span class=\"ff1\">)<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> </span></span>ob<span class=\"_ _0\"></span>rig<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> <span class=\"ff7\">r<span class=\"_ _0\"></span>atin<span class=\"_ _0\"></span>g<span class=\"ff1\"> <span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>uri<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>as </span></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>o. D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>rent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stud<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>atua<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>1 de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>uali<span class=\"_ _0\"></span>zou<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> des<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 1<span class=\"_ _0\"></span>,25<span class=\"_ _0\"></span>% p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>,5%<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>ha com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fer\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span>O <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>a na<span class=\"_ _0\"></span> No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>7.2<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>an\u00e1l<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span> aval<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>o im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>ntual<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>scon<span class=\"_ _0\"></span>to.<span class=\"_ _0\"></span> At<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os b<span class=\"_ _0\"></span>iol<span class=\"_ _0\"></span>\u00f3gi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s Na <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>\u00e9t<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>uxo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> sen<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, o <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>\u00edodo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cort<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>re\u00e7<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>algu<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cipai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>stos<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue p<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>er\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>suj<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>lter<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>flito<span class=\"_ _0\"></span> mil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> na <span class=\"_ _0\"></span>Ucr<span class=\"_ _0\"></span>\u00e2n<span class=\"_ _0\"></span>ia.<span class=\"_ _0\"></span> Ne<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tido<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>dur<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 o<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rrer<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ct\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>cedi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>ost<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>del<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>mid<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a <span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>olu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xa d<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>,99<span class=\"_ _0\"></span>% <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a 5<span class=\"_ _0\"></span>,17%<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Na <span class=\"_ _0\"></span>Not<span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>.8<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>ndic<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s des<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> atu<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, b<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a an\u00e1<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sses<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>.<span class=\"ls19\">  </span> <span class=\"_ _39\"> </span>Inv<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s Fac<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>cura<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>ao<span class=\"_ _0\"></span> n\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>UW<span class=\"_ _0\"></span>F, <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po r<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>r\u00e7<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> em 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 <span class=\"_ _0\"></span>as im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nt\u00e1<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>s em<span class=\"_ _0\"></span> \u20ac1<span class=\"_ _0\"></span>3.<span class=\"_ _0\"></span>24<span class=\"_ _0\"></span>1.20<span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span>(No<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> 2.<span class=\"_ _0\"></span>3 e<span class=\"_ _0\"></span> 4.<span class=\"_ _0\"></span>1)<span class=\"_ _0\"></span>. F<span class=\"_ _0\"></span><span class=\"ff1\">ace<span class=\"_ _0\"></span> \u00e0<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>arg<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rati<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> <span class=\"ls30\">o </span></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a 31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2,<span class=\"_ _0\"></span> o v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or r<span class=\"_ _0\"></span>eali<span class=\"_ _0\"></span>z\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> l\u00ed<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>inv<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t\u00e1r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s \u00e9 <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>. Rec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> de <span class=\"_ _3b\"></span>saldo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Cli<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ros <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> a r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ebe<span class=\"_ _0\"></span>r As <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>mpli<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o na<span class=\"_ _0\"></span> IFR<span class=\"_ _0\"></span>S 9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>espe<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> \u00e0<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>. N<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>da IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>9 na <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>olid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>uz<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>onsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue p<span class=\"_ _0\"></span>art<span class=\"_ _0\"></span>e si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>as s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ou d<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>dam<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>riz<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span> Ain<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>vali<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>odi<span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>r\u00e9<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> tod<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>amo<span class=\"_ _0\"></span>rtiz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Ne<span class=\"_ _0\"></span>ste <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>do,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ou a a<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>o da<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>s\u00f5es<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n\u00f3mi<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>utur<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>oncl<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> o i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>acto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e \u00e9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>zid<span class=\"_ _0\"></span>o. Li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>dez A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a si<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>iqu<span class=\"_ _0\"></span>idez<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>t\u00e1ve<span class=\"_ _0\"></span>l,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>do fr<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de uma<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>cri<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>fund<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>anei<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nten<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>itm<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>pla<span class=\"_ _0\"></span>nea<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>ama <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> <span class=\"ff7\">co<span class=\"_ _0\"></span>nfir<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ng<span class=\"ff1\"> <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tende<span class=\"_ _0\"></span>r o<span class=\"_ _0\"></span>s </span></span>pr<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>m,<span class=\"_ _0\"></span> tod<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>ia,<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpac<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>fav<span class=\"_ _0\"></span>orave<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>For<span class=\"_ _0\"></span>nec<span class=\"_ _0\"></span>edo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>. 1.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Even<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es </span></span>1.3.1.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Aqu<span class=\"_ _1\"></span>isi\u00e7\u00e3o de neg\u00f3cio<span class=\"_ _1\"></span> de <span class=\"ff8\">co<span class=\"_ _1\"></span>nsumer tissue<span class=\"_ _1\"></span></span> em Esp<span class=\"_ _1\"></span>anha </span>O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>form<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zou<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pra<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ven<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>senta<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> tot<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al s<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>da G<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>\u00e0-<span class=\"_ _0\"></span>Camp<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>sum<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>S.L.<span class=\"_ _0\"></span>U.,<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> Sar<span class=\"_ _0\"></span>ago<span class=\"_ _0\"></span>\u00e7a,<span class=\"_ _0\"></span> Es<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>nha<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>z d<span class=\"_ _0\"></span>et\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>alid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> soc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a G<span class=\"_ _0\"></span>om\u00e0<span class=\"_ _0\"></span>-Ca<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>s Fr<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>AS, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Cast<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> Fr<span class=\"_ _0\"></span>an\u00e7<span class=\"_ _0\"></span>a (<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>onj<span class=\"_ _0\"></span>unt<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>esi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>or \u201cG<span class=\"_ _0\"></span>C Con<span class=\"_ _0\"></span>sum<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u201d)<span class=\"_ _0\"></span>.<span class=\"ff1\"> </span>A a<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a G<span class=\"_ _0\"></span>C Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>umer<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tou<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e to<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>5,6<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>lh\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>nq<span class=\"_ _0\"></span>uadr<span class=\"_ _0\"></span>a-s<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>plan<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>oso<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>sifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r.<span class=\"_ _0\"></span> A <span class=\"_ _0\"></span>inte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta n<span class=\"_ _0\"></span>ova<span class=\"_ _0\"></span> f\u00e1<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>erm<span class=\"_ _0\"></span>itir<span class=\"_ _0\"></span>\u00e1 \u00e0<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> posi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ar-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> mai<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utor<span class=\"_ _0\"></span> ib<span class=\"_ _0\"></span>\u00e9ri<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ssue<span class=\"_ _0\"></span><span class=\"ff1\">, <span class=\"_ _0\"></span>adi<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> 35.<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>0 t<span class=\"_ _0\"></span>one<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> </span></span>anu<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span><span class=\"ff1\">, qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pass<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>tot<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>65.0<span class=\"_ _0\"></span>00 <span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>nel<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>anu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>, e <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a </span></span>cap<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff7\">c<span class=\"_ _0\"></span>onve<span class=\"_ _0\"></span>rtin<span class=\"_ _0\"></span>g<span class=\"ff1\"> <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 60<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0 t<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>elad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>sam<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>m p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a 18<span class=\"_ _0\"></span>0.0<span class=\"_ _0\"></span>00 </span></span>ton<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>anu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>. O <span class=\"ff7 ls0\">Ent<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>Va<span class=\"_ _0\"></span>lue<span class=\"_ _0\"></span><span class=\"ff1\"> <span class=\"ff9\">de<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>cend<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a \u20ac<span class=\"_ _0\"></span> 85<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ilh\u00f5e<span class=\"_ _0\"></span>s.<span class=\"ff1\"> </span></span></span></span>1.4.1.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Auto<span class=\"_ _1\"></span>riza\u00e7\u00e3o para emi<span class=\"_ _1\"></span>ss\u00e3o das demo<span class=\"_ _1\"></span>nstra\u00e7\u00f5es financei<span class=\"_ _1\"></span>ras<span class=\"_ _1\"></span> </span>As <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>sel<span class=\"_ _0\"></span>ho d<span class=\"_ _0\"></span>e Adm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aut<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>16 <span class=\"lsd\">de </span>m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>\u00e7o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span><span class=\"ls16\">3 <span class=\"ls0\">est<span class=\"_ _0\"></span>ando<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tant<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>da </span></span>suj<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span>sem<span class=\"_ _0\"></span>ble<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> Ge<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Ac<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tas,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a le<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>la\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l em<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>gor<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>al. Os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo,<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>\u00e9,<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>elho<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> A<span class=\"_ _0\"></span>dmi<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>nam <span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>t\u00f3r<span class=\"_ _0\"></span>io,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cla<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e9 do<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eu <span class=\"_ _0\"></span>conh<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nfor<span class=\"_ _0\"></span>ma\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> nel<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>oi <span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>abo<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>conf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>mid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>l c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>il\u00eds<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>co a<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>c\u00e1v<span class=\"_ _0\"></span>el,<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ando<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a im<span class=\"_ _0\"></span>age<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>rop<span class=\"_ _0\"></span>riad<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> e d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>ua\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>incl<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>met<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsoli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o. 1.4.2.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Refe<span class=\"_ _1\"></span>rencial cont<span class=\"_ _1\"></span>abil\u00edstico<span class=\"_ _1\"></span> </span>As <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22 for<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rep<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>ormi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span> Int<span class=\"_ _0\"></span>ern<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Fina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span> (IF<span class=\"_ _0\"></span>RS)<span class=\"_ _0\"></span>, em<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>gor<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>anei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span><span class=\"ls16\">22<span class=\"ls0\"> e <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>me <span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>Uni<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> Eur<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>eia<span class=\"_ _0\"></span>. </span></span>1.4.3.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Bases<span class=\"_ _1\"></span> de consolida\u00e7<span class=\"_ _1\"></span>\u00e3o </span>1.4.3.1 <span class=\"_ _58\"> </span>Subsidi\u00e1rias Sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e1ria<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> tod<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>o, o<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> oco<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>\u00e1 e<span class=\"_ _3b\"></span>xpost<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>ari\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ulta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>seu<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>lvi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> cap<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sse <span class=\"_ _0\"></span>reto<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>c\u00edc<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span> sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es,<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dent<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>gem<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>et\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>is pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s. A e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>st\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>dire<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> vot<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pote<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue s<span class=\"_ _0\"></span>ej<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ntem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>erc\u00edv<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u con<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rt\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>et\u00e9<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span><span class=\"ls15\">a </span>en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>.  As <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>adas<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>\u00e9t<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>tegr<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> a p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>r da<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ontr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xcl<span class=\"_ _0\"></span>u\u00edda<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>o ce<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>. O c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> o r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nden<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00e0 p<span class=\"_ _0\"></span>arti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e te<span class=\"_ _0\"></span>rce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sent<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ubr<span class=\"_ _0\"></span>icas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ontr<span class=\"_ _0\"></span>ola<span class=\"_ _0\"></span>m, <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7\u00e3<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>olid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>aut<span class=\"_ _0\"></span>\u00f3no<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io)<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a De<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>os.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpre<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>nas Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tram<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>etal<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>. A c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>aq<span class=\"_ _0\"></span>uisi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o da<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>i\u00e1ri<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> m\u00e9t<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>ra.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>m, <span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e uma<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> \u00e9 m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ues<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pit<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ncor<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>dos,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>mid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>mel<span class=\"_ _0\"></span>hor<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va de<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ualq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntin<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>c\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>dq<span class=\"_ _0\"></span>uiri<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ssiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>nge<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>umi<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>uma con<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sar<span class=\"_ _0\"></span>ial <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nic<span class=\"_ _0\"></span>ialm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>aq<span class=\"_ _0\"></span>uisi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o, in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>st\u00ean<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>am.<span class=\"_ _0\"></span> O e<span class=\"_ _0\"></span>xc<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cust<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e aqu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>elat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>cel<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>dent<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s adq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>\u00e9 r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo G<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>dwil<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>se d<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>a na<span class=\"_ _0\"></span> No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>3.1<span class=\"_ _0\"></span>.  Se <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>quisi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> inf<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>i\u00e1<span class=\"_ _0\"></span>ria <span class=\"_ _0\"></span>adq<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span> (G<span class=\"_ _0\"></span>ood<span class=\"_ _0\"></span>will<span class=\"_ _3b\"></span><span class=\"ff7\"> <span class=\"ff1\">negat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o),<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>feren<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>hec<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>dir<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a D<span class=\"_ _0\"></span>emo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os R<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s </span></span>no <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>apu<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>\u00e0 t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>medi<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os. As <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>dos, <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>divi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>os en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>s\u00e3o <span class=\"_ _0\"></span>eli<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>\u00e9m e<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>minad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>d\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>t\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>feri<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>.  Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny <span class=\"_ _0\"></span>j\u00e1 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>t\u00e9m<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> adq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>viam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>just<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>arti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do Goo<span class=\"_ _0\"></span>dw<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> Go<span class=\"_ _0\"></span>odw<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span><span class=\"ff7\"> <span class=\"ff1\">ne<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tivo.<span class=\"_ _0\"></span>  </span></span>Num<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> (<span class=\"ff7\">s<span class=\"_ _0\"></span>tep<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"ff1\">) q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>uisi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>a </span></span>re<span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ualq<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ticip<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te d<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>heci<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rap<span class=\"_ _0\"></span>art<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>aq<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>c\u00e1l<span class=\"_ _0\"></span>culo<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>dwil<span class=\"_ _0\"></span>l. Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntrol<span class=\"_ _3b\"></span>am, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>mpli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>ra\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ualq<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de g<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> ou <span class=\"_ _0\"></span>Go<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>will<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>lque<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>a apu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ansa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ico <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>pa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>tran<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nada<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>o C<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io.<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ltad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> neg<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s g<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pel<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>i\u00e1ri<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s qu<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>\u00e3o con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> alo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tag<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>det<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>tere<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>lam<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>arem<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>. No<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ali<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>da d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntro<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>ria,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>part<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>pa\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>reav<span class=\"_ _0\"></span>aliad<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>da ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span> ou <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>lia\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>\u00e9 r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>trap<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ssa <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00e3o. As <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>l\u00ed<span class=\"_ _0\"></span>tica<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tabil<span class=\"_ _0\"></span>\u00eds<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>aju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s, s<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>nec<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s\u00e1ri<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>a gar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o a<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tente<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> tod<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o.  1.4.3.2 <span class=\"_ _58\"> </span>Associadas Ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>ntid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uais<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nfl<span class=\"_ _0\"></span>u\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span> n\u00e3o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>oss<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>, ge<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>lmen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>inve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>20%<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>50<span class=\"_ _0\"></span>% do<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>rei<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> vo<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> m\u00e9<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>do d<span class=\"_ _0\"></span>a eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>val\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>imo<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>al. De <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>todo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>\u00eanci<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pat<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>oni<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>seu <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aqu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> aj<span class=\"_ _0\"></span>usta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>vari<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>itai<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>(in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>indo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o l<span class=\"_ _0\"></span>\u00edqui<span class=\"_ _0\"></span>do)<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>apa<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>os re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s. As <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>aq<span class=\"_ _0\"></span>uisi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>tif<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>\u00e1vei<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>osit<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> Go<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>will<span class=\"_ _0\"></span><span class=\"ff7\"> <span class=\"ff1\">e <span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no </span></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span> Se<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7as <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m ne<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>stad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>apu<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ubr<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> R<span class=\"_ _0\"></span>esul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>rop<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> e em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>een<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>ntos<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>\u00e0 t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>medi<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os. Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>nd\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>fei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>alia<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>as, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xisti<span class=\"_ _0\"></span>r. Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rda<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a ig<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>rap<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>u in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to n<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>, o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>r pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> adi<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>exc<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span> ti<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pons<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ilid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>tuad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>nom<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>lim<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xt<span class=\"_ _0\"></span>ens\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a par<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>iad<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eali<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>\u00e9m<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>as, ex<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>d\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>t\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>feri<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>.  As <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>l\u00ed<span class=\"_ _0\"></span>tica<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tabil<span class=\"_ _0\"></span>\u00eds<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>izad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> pel<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>vidu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00e1rio<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>form<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ol\u00ed<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po.<span class=\"_ _0\"></span> 1.4.4.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Moeda<span class=\"_ _1\"></span> de apresent<span class=\"_ _1\"></span>a\u00e7\u00e3o e trans<span class=\"_ _1\"></span>a\u00e7\u00f5es em moed<span class=\"_ _1\"></span>a estrangeira<span class=\"_ _45\"></span> </span>i.<span class=\"ffd ls0\"> <span class=\"_ _65\"> </span><span class=\"ff3\">Moeda funcional e de relato </span></span>Os <span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu\u00ed<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o s\u00e3o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>utili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a m<span class=\"_ _0\"></span>oe<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>bie<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>on\u00f3<span class=\"_ _0\"></span>mico<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>que <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> (m<span class=\"_ _0\"></span>oe<span class=\"_ _0\"></span>da fun<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l).<span class=\"_ _0\"></span> As <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ncon<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>adas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os<span class=\"ls10\">, </span>se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>moe<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>ncio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>o. ii.<span class=\"ffd ls0\"> <span class=\"_ _65\"> </span><span class=\"ff3\">Saldos e transa\u00e7\u00f5es expressos em moeda estrang<span class=\"_ _0\"></span>eira<span class=\"_ _1\"></span> </span></span>Tod<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>sos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>eda <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>moe<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lato<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>m con<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> eu<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>zand<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c\u00e2<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>igen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a P<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> (N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 8<span class=\"_ _0\"></span>.1.1<span class=\"_ _0\"></span>). As <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>vor<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>fav<span class=\"_ _0\"></span>or\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>gina<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> c\u00e2<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>io e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> vig<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>an\u00e7<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>game<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os ou <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a D<span class=\"_ _0\"></span>emo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>a,<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>m re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>e/<span class=\"_ _0\"></span>ou gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os n<span class=\"_ _0\"></span>a D<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>onst<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>o. iii.<span class=\"ffd ls0\"> <span class=\"_ _65\"> </span><span class=\"ff3\">Empr<span class=\"_ _0\"></span>esas do Grupo </span></span>Os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ltad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntid<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>uam<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>a fun<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> moe<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>moe<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: i.<span class=\"ffb ls0\"> <span class=\"_ _9c\"> </span><span class=\"ff1\">Os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a De<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>finan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00e0 </span></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>c\u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m vi<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>r n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7\u00e3o<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>olid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>; ii.<span class=\"ffb ls0\"> <span class=\"_ _9c\"> </span><span class=\"ff1\">Os <span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> rub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nver<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00e0 t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>\u00e2mb<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> hi<span class=\"_ _0\"></span>st\u00f3<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a; </span></span>iii<span class=\"_ _0\"></span>.<span class=\"ffb\"> <span class=\"_ _2c\"> </span></span>Os r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>os g<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>De<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onv<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s pe<span class=\"_ _0\"></span>las<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>axas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>\u00e2mb<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> vig<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es. Q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e, ou <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tal <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>rap<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>bene<span class=\"_ _0\"></span>f\u00ed<span class=\"_ _0\"></span>cios<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>del<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>rari<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>, uti<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>za-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os r<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e g<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>c\u00e2m<span class=\"_ _0\"></span>bio<span class=\"_ _0\"></span> m\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>. As <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c\u00e2<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>) e<span class=\"_ _0\"></span> ii<span class=\"_ _0\"></span>i) <span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u201cRe<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>al\u201d<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a R<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>iena<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos.<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pr\u00e9<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>imo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>go p<span class=\"_ _0\"></span>raz<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>i\u00e1ri<span class=\"_ _0\"></span>as e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>edas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tint<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>moe<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> fun<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>uja<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stej<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pla<span class=\"_ _0\"></span>nea<span class=\"_ _0\"></span>da,<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>sej<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>v\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>ra n<span class=\"_ _0\"></span>um fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vis\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>dera<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e2nc<span class=\"_ _0\"></span>ia,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xte<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>a ao<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>sidi<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tran<span class=\"_ _0\"></span>gei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span>. N<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en\u00e7<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9sti<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>am e<span class=\"_ _0\"></span>lim<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>olid<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>na r<span class=\"_ _0\"></span>ubr<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e R<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ervas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ulta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> liq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>a em<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>aduz<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>uta<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xpo<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di\u00e1r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>. iv.<span class=\"ffd\"> <span class=\"_ _65\"> </span></span>Taxas de c\u00e2mbio utilizadas Valoriz<span class=\"_ _1\"></span>a\u00e7\u00e3o / 31/12/22 31/12/21<span class=\"_ _1\"></span> (desvaloriza\u00e7\u00e3o)<span class=\"_ _1\"></span> GBP (Libra esterlina) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 0,85 0,86 0,79% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 0,89 0,84 -5,55% USD (D\u00f3lar americano)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 1,05 1,18 10,99% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 1,07 1,13 5,83% PLN (Zloti polaco) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 4,69 4,57 -2,66% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 4,68 4,60 -1,83% SEK (Coroa sueca)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 10,63 10,15 -4,77% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 11,12 10,25 -8,50% CZK (Coroa checa)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 24,57 25,64 4,19% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 24,12 24,86 2,98% CHF (Franco <span class=\"ls86\">su</span>\u00ed\u00e7o) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 1,00 1,08 7,08% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 0,98 1,03 4,68% DKK (Coroa dinamarquesa)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 7,44 7,44 -0,03% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 7,44 7,44 0,00% HUF (Florim h\u00fangaro) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 391,43 358,52 -9,18% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 400,87 369,19 -8,58% AUD (D\u00f3lar australiano) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 1,52 1,57 3,71% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 1,57 1,56 -0,50% MZM (Metical mo\u00e7ambica<span class=\"_ _1\"></span>no) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 67,20 77,75 13,56% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 68,18 78,09 12,69% MAD (Dirham marroquino)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 10,69 10,67 -0,12% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 11,16 10,52 -6,11% NOK (Coroa norueguesa) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 10,10 10,16 0,59% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 10,51 9,99 -5,26% MXN (Peso mexicano) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 21,18 23,99 11,70% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 20,86 23,14 9,89% AED (Dirham dos Emirados)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 3,87 4,34 10,92% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 3,92 4,16 5,83% CAD (D\u00f3lar canadiano)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 1,37 1,48 7,64% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 1,44 1,44 -0,33% ZAR (Rand sul-africano) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 17,21 17,48 1,54% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 18,10 18,06 -0,20% BRL (Real brasileiro)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 5,44 6,38 14,74% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 5,64 6,31 10,64% EGP (Libra eg\u00edpcia) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 20,18 18,55 -8,81% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 26,31 17,82 -47,63% TRY (Lira turca) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 17,42 10,51 -65,68% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 19,96 15,23 -31,06% 1.4.5.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Bases de me<span class=\"_ _1\"></span>nsura\u00e7\u00e3o<span class=\"_ _1\"></span> </span>As <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ane<span class=\"_ _0\"></span>xas<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>oram<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sto d<span class=\"_ _0\"></span>a con<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>nui<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>era\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>art<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s li<span class=\"_ _0\"></span>vro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>\u00eds<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as na <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o (<span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>.1)<span class=\"_ _0\"></span>, e <span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to h<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>t\u00f3<span class=\"_ _0\"></span>rico<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>xc<span class=\"_ _0\"></span>eto<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> bi<span class=\"_ _0\"></span>ol\u00f3<span class=\"_ _0\"></span>gic<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>(No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>3.8<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>trum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s me<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>atra<span class=\"_ _0\"></span>v\u00e9s<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> atr<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>\u00e9s<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>gra<span class=\"_ _0\"></span>l (N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 8<span class=\"_ _0\"></span>.3<span class=\"_ _0\"></span>), <span class=\"_ _0\"></span>nos <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>clue<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>Nota<span class=\"_ _0\"></span> 8.<span class=\"_ _0\"></span>2)<span class=\"_ _0\"></span>. O <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> a re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>ben<span class=\"_ _0\"></span>ef\u00edc<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>os \u00e9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>do pe<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>ded<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>ao re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo. 1.4.6.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Comp<span class=\"_ _1\"></span>arabilidade<span class=\"_ _1\"></span> </span>As <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m t<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>os o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>aspe<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s mat<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>. 1.5.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Nov<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> no<span class=\"_ _3b\"></span>rmas I<span class=\"_ _0\"></span>FRS<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r </span></span>1.5.1. Outras no<span class=\"_ _1\"></span>rmas, altera\u00e7\u00f5<span class=\"_ _1\"></span>es e interpre<span class=\"_ _1\"></span>ta\u00e7\u00f5es adotadas ou<span class=\"_ _1\"></span> a adotar<span class=\"_ _1\"></span> Normas, altera\u00e7\u00f5es e interpreta\u00e7\u00f5es adotad<span class=\"_ _0\"></span>as em 2022<span class=\"_ _1\"></span> Sem<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nstra<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras Data de Altera\u00e7\u00e3o aplica\u00e7\u00e3o Normas e altera\u00e7\u00f5es endossadas pela Uni\u00e3o Euro<span class=\"_ _0\"></span>peia<span class=\"_ _1\"></span> Refer\u00eancias \u00e0 Estrutura Em maio de 2020,<span class=\"_ _1\"></span> o IASB emit<span class=\"_ _1\"></span>iu \u201cRefer\u00eancias \u00e0 Estrutu<span class=\"_ _1\"></span>ra Conceptua<span class=\"_ _1\"></span>l\u201d, alterando a <span class=\"_ _1\"></span>IFRS 1 de janeiro de Conceptual (a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es \u00e0 IFRS 3 Concentra\u00e7\u00e3o de<span class=\"_ _1\"></span> Neg\u00f3cios.<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>3)<span class=\"ls0\"> </span>As altera\u00e7\u00f5es atua<span class=\"_ _1\"></span>lizaram a IFRS 3, sub<span class=\"_ _1\"></span>stituindo a<span class=\"_ _1\"></span> refer\u00eancia a uma vers\u00e3<span class=\"_ _1\"></span>o antiga da Estrutura Conceptua<span class=\"_ _1\"></span>l por uma refe<span class=\"_ _1\"></span>r\u00eancia \u00e0 vers\u00e3o<span class=\"_ _1\"></span> mais recente, que <span class=\"_ _1\"></span>foi emitida em<span class=\"_ _1\"></span> mar\u00e7o de 2018.<span class=\"_ _1\"></span> As altera\u00e7\u00f5es de<span class=\"_ _1\"></span>vem ser aplicadas<span class=\"_ _1\"></span> a concentra\u00e7\u00f5es <span class=\"_ _1\"></span>de neg\u00f3cio<span class=\"_ _1\"></span>s para as qua<span class=\"_ _1\"></span>is a data de<span class=\"_ _1\"></span> aquisi\u00e7\u00e3o \u00e9 no ou ap<span class=\"_ _1\"></span>\u00f3s o in\u00edcio d<span class=\"_ _1\"></span>o primeiro per<span class=\"_ _1\"></span>\u00edodo de relat\u00f3r<span class=\"_ _1\"></span>io anual com <span class=\"_ _1\"></span>in\u00edcio em ou ap\u00f3s 1 de jane<span class=\"_ _1\"></span>iro de 2022.  Ativos fixos tang\u00ed<span class=\"_ _1\"></span>veis - Em maio de 2020,<span class=\"_ _1\"></span> o IASB emit<span class=\"_ _1\"></span>iu \u201cAtivos fixos tang<span class=\"_ _1\"></span>\u00edveis <span class=\"_ _1\"></span><span class=\"ff1\">- Receitas a<span class=\"_ _1\"></span>ntes do Uso </span>1 de janeiro de Receitas antes do u<span class=\"_ _1\"></span>so Pretendido\u201d, que<span class=\"_ _1\"></span> alterou a IAS 16 <span class=\"_ _1\"></span>Ativos fixos tang\u00edve<span class=\"_ _1\"></span>is.<span class=\"_ _1\"></span><span class=\"ff1\"> </span>2022<span class=\"ls0\"> </span>pretendido, a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es \u00e0 IAS As altera\u00e7\u00f5es pr<span class=\"_ _1\"></span>o\u00edbem a dedu\u00e7\u00e3o <span class=\"_ _1\"></span>ao custo de um ite<span class=\"_ _1\"></span>m do<span class=\"_ _1\"></span> ativo fixo tang\u00edve<span class=\"_ _1\"></span>l, de qua<span class=\"_ _1\"></span>lquer 16 Ativos fixos ta<span class=\"_ _1\"></span>ng\u00edveis<span class=\"_ _1\"></span> receita da venda de<span class=\"_ _1\"></span> itens produ<span class=\"_ _1\"></span>zidos ao trazer es<span class=\"_ _1\"></span>se ativo para o loca<span class=\"_ _1\"></span>l e condi\u00e7\u00e3o necess\u00e1rios para<span class=\"_ _1\"></span> que seja capaz de<span class=\"_ _1\"></span> operar da forma preten<span class=\"_ _1\"></span>dida pela ad<span class=\"_ _1\"></span>ministra\u00e7\u00e3o. Em<span class=\"_ _1\"></span> vez disso, a ent<span class=\"_ _1\"></span>idade dever\u00e1 recon<span class=\"_ _1\"></span>hecer em resultados essa<span class=\"_ _1\"></span>s receitas de<span class=\"_ _1\"></span> vendas.<span class=\"_ _1\"></span> As altera\u00e7\u00f5es de<span class=\"_ _1\"></span>vem ser aplicada<span class=\"_ _1\"></span>s para per<span class=\"_ _1\"></span>\u00edodos anuais in<span class=\"_ _1\"></span>iciados em ou a<span class=\"_ _1\"></span>p\u00f3s 1 de janeiro de 2022.<span class=\"_ _1\"></span> Contratos Onerosos<span class=\"_ _1\"></span> - Custo de Em maio de 2020,<span class=\"_ _1\"></span> o IASB emit<span class=\"_ _1\"></span>iu \u201cContratos Onero<span class=\"_ _1\"></span>sos <span class=\"ff1\">- </span>Cu<span class=\"_ _1\"></span>sto de cumpr<span class=\"_ _1\"></span>ir um contrato\u201d, 1 de janeiro de cumprir um contrat<span class=\"_ _1\"></span>o que alterou a IAS 3<span class=\"_ _1\"></span>7 Provis\u00f5es,<span class=\"_ _1\"></span> Passivos Cont<span class=\"_ _1\"></span>ingentes e Ativo<span class=\"_ _1\"></span>s Contingente<span class=\"_ _1\"></span>s. 2022<span class=\"ls0\"> </span>O objetivo das a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es \u00e9 o de esc<span class=\"_ _1\"></span>larecer os requis<span class=\"_ _1\"></span>itos da IAS 37 s<span class=\"_ _1\"></span>obre contratos onerosos no que d<span class=\"_ _1\"></span>iz respeito \u00e0 av<span class=\"_ _1\"></span>alia\u00e7\u00e3o se, num contrat<span class=\"_ _1\"></span>o, os custo<span class=\"_ _1\"></span>s inevit\u00e1veis de<span class=\"_ _1\"></span> cumprir as obri<span class=\"_ _1\"></span>ga\u00e7\u00f5es decorrente<span class=\"_ _1\"></span>s do contr<span class=\"_ _1\"></span>ato excede<span class=\"_ _1\"></span>m os benef\u00edcios econ\u00f3<span class=\"_ _1\"></span>micos que se esperam receber <span class=\"_ _1\"></span>do mesmo. A<span class=\"_ _1\"></span>s altera\u00e7\u00f5es<span class=\"_ _1\"></span> devem ser apli<span class=\"_ _1\"></span>cadas para per\u00edodos<span class=\"_ _1\"></span> anuais iniciados e<span class=\"_ _1\"></span>m ou ap\u00f3s 1 de jane<span class=\"_ _1\"></span>iro de 2022.<span class=\"_ _1\"></span> Data de Altera\u00e7\u00e3o aplica\u00e7\u00e3o Melhoramentos d<span class=\"_ _1\"></span>o ciclo 2018<span class=\"_ _1\"></span>-Em 14 de maio de<span class=\"_ _1\"></span> 2020, o IASB em<span class=\"_ _1\"></span>itiu me<span class=\"_ _1\"></span>lhoramentos \u00e0s nor<span class=\"_ _1\"></span>mas IFRS 2018<span class=\"_ _1\"></span><span class=\"ff9\">\u2013</span>2020 1 de janeiro de 2020<span class=\"ls0\"> </span>contendo as segu<span class=\"_ _1\"></span>intes altera\u00e7\u00f5es <span class=\"_ _1\"></span>\u00e0s IFRSs:<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>(a) permitir que u<span class=\"_ _1\"></span>ma entidade, en<span class=\"_ _1\"></span>quanto subsid<span class=\"_ _1\"></span>i\u00e1ria, associada<span class=\"_ _1\"></span> ou joint venture, <span class=\"_ _1\"></span>que adota as IFRS pela<span class=\"_ _1\"></span> primeira vez<span class=\"_ _1\"></span> depois da sua contr<span class=\"_ _1\"></span>oladora e opta<span class=\"_ _1\"></span> por aplicar o par\u00e1grafo D16 (a<span class=\"_ _1\"></span>) da IFRS 1 Ado\u00e7<span class=\"_ _1\"></span>\u00e3o pela Prime<span class=\"_ _1\"></span>ira Vez das Norma<span class=\"_ _1\"></span>s Internacionai<span class=\"_ _1\"></span>s de Relat\u00f3rio Finance<span class=\"_ _1\"></span>iro, possa mensu<span class=\"_ _1\"></span>rar as diferen\u00e7as<span class=\"_ _1\"></span> de convers\u00e3o cu<span class=\"_ _1\"></span>mulativas usando<span class=\"_ _1\"></span> os valores relatados pe<span class=\"_ _1\"></span>la contro<span class=\"_ _1\"></span>ladora, com base na respe<span class=\"_ _1\"></span>tiva data de tr<span class=\"_ _1\"></span>ansi\u00e7\u00e3o para as IFRS; (b) esclarecer que a<span class=\"_ _1\"></span> refer\u00eancia \u00e0s ta<span class=\"_ _1\"></span>xas no teste de 10 p<span class=\"_ _1\"></span>or cento inclui apen<span class=\"_ _1\"></span>as taxas pagas ou receb<span class=\"_ _1\"></span>idas entre o mutu\u00e1r<span class=\"_ _1\"></span>io e o credor, inc<span class=\"_ _1\"></span>luindo taxas pag<span class=\"_ _1\"></span>as ou recebidas pel<span class=\"_ _1\"></span>o mutu\u00e1rio ou pelo <span class=\"_ _1\"></span>credor em no<span class=\"_ _1\"></span>me do outro (IFRS 9);<span class=\"_ _1\"></span> (c) remover a confus\u00e3<span class=\"_ _1\"></span>o potencia<span class=\"_ _1\"></span>l em re<span class=\"_ _1\"></span>la\u00e7\u00e3o ao tratamento <span class=\"_ _1\"></span>de incentivos de <span class=\"_ _1\"></span>loca\u00e7\u00e3o aplicando a IFRS<span class=\"_ _1\"></span> 16 Loca\u00e7\u00f5es, con<span class=\"_ _1\"></span>forme ilustrado n<span class=\"_ _1\"></span>o Exemplo I<span class=\"_ _1\"></span>lustrativo 13 que acompanha a IF<span class=\"_ _1\"></span>RS 16; e (d) remover o requ<span class=\"_ _1\"></span>isito do par\u00e1grafo 22 d<span class=\"_ _1\"></span>a IAS 41 Agr<span class=\"_ _1\"></span>icultura para que<span class=\"_ _1\"></span> as entidades excluam fluxos <span class=\"_ _1\"></span>de caixa para tr<span class=\"_ _1\"></span>ibuta\u00e7\u00e3o ao mensurar<span class=\"_ _1\"></span> o justo val<span class=\"_ _1\"></span>or aplicando a IAS 4<span class=\"_ _1\"></span>1.<span class=\"_ _1\"></span> As altera\u00e7\u00f5es ser\u00e3o<span class=\"_ _1\"></span> aplicadas para<span class=\"_ _1\"></span> per\u00edodos anuais que<span class=\"_ _1\"></span> iniciem e<span class=\"_ _1\"></span>m ou ap\u00f3s 1 de jane<span class=\"_ _1\"></span>iro de 2022. Normas, altera\u00e7\u00f5es e interpreta\u00e7\u00f5es a adotar<span class=\"_ _0\"></span> em per\u00edodos posteriores<span class=\"_ _1\"></span> Data de Altera\u00e7\u00e3o aplica\u00e7\u00e3o Normas e altera\u00e7\u00f5es endossadas pela Uni\u00e3o Euro<span class=\"_ _0\"></span>peia que o Grupo optou pela n\u00e3o aplica\u00e7\u00e3o antecipada Divulga\u00e7\u00e3o de p<span class=\"_ _1\"></span>ol\u00edticas Na sequ\u00eancia de feed<span class=\"_ _1\"></span>back obtido sobre<span class=\"_ _1\"></span> a necessidade de<span class=\"_ _1\"></span> existir ma<span class=\"_ _1\"></span>is orienta\u00e7\u00e3o que 1 de janeiro de 2023<span class=\"_ _1\"></span> contabil\u00edst<span class=\"_ _1\"></span>icas (altera\u00e7\u00f5es \u00e0 ajude as empresas a<span class=\"_ _1\"></span> decidir sobre<span class=\"_ _1\"></span> que informa\u00e7\u00e3o d<span class=\"_ _1\"></span>ivulgar relat<span class=\"_ _1\"></span>ivamente \u00e0s pol<span class=\"_ _1\"></span>\u00edticas IAS 1 <span class=\"ff9\">\u2013</span> Apresenta\u00e7\u00e3<span class=\"_ _1\"></span>o das contabil\u00edst<span class=\"_ _1\"></span>icas, o IASB emitiu, em<span class=\"_ _1\"></span> 12 de fevereiro <span class=\"_ _1\"></span>de 2021, altera\u00e7<span class=\"_ _1\"></span>\u00f5es \u00e0 IA<span class=\"_ _1\"></span>S 1 <span class=\"ff9\">\u2013</span> demonstra\u00e7\u00f5es finan<span class=\"_ _1\"></span>ceiras e Apresenta\u00e7\u00e3o das<span class=\"_ _1\"></span> demonstra\u00e7\u00f5es <span class=\"_ _1\"></span>financeiras e \u00e0 <span class=\"_ _1\"></span>IFRS Practice State<span class=\"_ _1\"></span>ment 2 <span class=\"_ _1\"></span><span class=\"ff9\">\u2013</span> Fazend<span class=\"_ _1\"></span>o IFRS Practice State<span class=\"_ _1\"></span>ment 2) julgamentos de<span class=\"_ _1\"></span> materialidade. <span class=\"_ _1\"></span> As principais a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es \u00e0 IAS 1 <span class=\"_ _1\"></span>incluem: i) ex<span class=\"_ _1\"></span>igir que as ent<span class=\"_ _1\"></span>idades divulgue<span class=\"_ _1\"></span>m informa\u00e7\u00e3o re<span class=\"_ _1\"></span>lativa a pol\u00edticas <span class=\"_ _1\"></span>contabil\u00edst<span class=\"_ _1\"></span>icas materiais<span class=\"_ _1\"></span> em vez de<span class=\"_ _1\"></span> pol\u00edticas contabil\u00edst<span class=\"_ _1\"></span>icas significativas, <span class=\"_ _1\"></span>ii) esclarecer que a<span class=\"_ _1\"></span>s pol\u00edticas contab<span class=\"_ _1\"></span>il\u00edsticas re<span class=\"_ _1\"></span>lacionadas com transa\u00e7\u00f5es <span class=\"_ _1\"></span>imateriais s\u00e3o <span class=\"_ _1\"></span>igualmente imater<span class=\"_ _1\"></span>iais e como ta<span class=\"_ _1\"></span>l n\u00e3o precisam de<span class=\"_ _1\"></span> ser divulgadas e <span class=\"_ _1\"></span>iii) esclarecer que ne<span class=\"_ _1\"></span>m todas as p<span class=\"_ _1\"></span>ol\u00edticas con<span class=\"_ _1\"></span>tabil<span class=\"_ _1\"></span>\u00edsticas relacionada<span class=\"_ _1\"></span>s com transa\u00e7\u00f5es mater<span class=\"_ _1\"></span>iais s\u00e3o, elas me<span class=\"_ _1\"></span>smas, mater<span class=\"_ _1\"></span>iais para as demonstr<span class=\"_ _1\"></span>a\u00e7\u00f5es finance<span class=\"_ _1\"></span>iras de uma entidade.<span class=\"_ _1\"></span>  O IASB tamb\u00e9m a<span class=\"_ _1\"></span>lterou a IFRS Pr<span class=\"_ _1\"></span>actice Statement<span class=\"_ _1\"></span> 2 para inclu<span class=\"_ _1\"></span>ir orienta\u00e7\u00f5es e do<span class=\"_ _1\"></span>is exemplos adici<span class=\"_ _1\"></span>onais na aplica\u00e7\u00e3<span class=\"_ _1\"></span>o de materialidade<span class=\"_ _1\"></span> \u00e0s divulga\u00e7\u00f5es<span class=\"_ _1\"></span> de pol\u00edticas contabil\u00edst<span class=\"_ _1\"></span>icas. Estas altera\u00e7\u00f5es <span class=\"_ _1\"></span>s\u00e3o consistentes<span class=\"_ _1\"></span> com a defini\u00e7\u00e3<span class=\"_ _1\"></span>o revista de mater<span class=\"_ _1\"></span>ial: <span class=\"_ _1\"></span> \u201cA info<span class=\"ff1\">rma\u00e7\u00e3o re<span class=\"_ _1\"></span>lativa a pol\u00edt<span class=\"_ _1\"></span>icas contabi<span class=\"_ _1\"></span>l\u00edsticas \u00e9 materia<span class=\"_ _1\"></span>l se, quando cons<span class=\"_ _1\"></span>iderada em </span>conjunto com outras<span class=\"_ _1\"></span> informa\u00e7\u00f5es <span class=\"_ _1\"></span>inclu\u00eddas nas de<span class=\"_ _1\"></span>monstra\u00e7\u00f5es f<span class=\"_ _1\"></span>inanceiras de uma entidade, \u00e9 razoa<span class=\"_ _1\"></span>velmente esperado que<span class=\"_ _1\"></span> influencie as de<span class=\"_ _1\"></span>cis\u00f5es que os pr<span class=\"_ _1\"></span>incipais utilizadores das<span class=\"_ _1\"></span> demonstra\u00e7\u00f5e<span class=\"_ _1\"></span>s financeiras<span class=\"_ _1\"></span> de uma forma gera<span class=\"_ _1\"></span>l tomem com base nessas demonstra\u00e7<span class=\"_ _1\"></span>\u00f5es financeiras.\u201d<span class=\"_ _1\"></span><span class=\"ff1\"> </span>As altera\u00e7\u00f5es entram<span class=\"_ _1\"></span> em vigor a par<span class=\"_ _1\"></span>tir de 1 de janeiro de 2<span class=\"_ _1\"></span>023, mas<span class=\"_ _1\"></span> a sua aplica\u00e7\u00e3o antecipada \u00e9 perm<span class=\"_ _1\"></span>itida. Data de Altera\u00e7\u00e3o aplica\u00e7\u00e3o Altera\u00e7\u00f5es \u00e0 IAS 8<span class=\"_ _1\"></span> Pol\u00edticas O IASB emit<span class=\"_ _1\"></span>iu altera\u00e7\u00f5es \u00e0 IAS 8 <span class=\"_ _1\"></span>Pol\u00edticas Contab<span class=\"_ _1\"></span>il\u00edsticas, Altera\u00e7<span class=\"_ _1\"></span>\u00f5es nas Estimat<span class=\"_ _1\"></span>ivas 1 de janeiro de 20<span class=\"_ _1\"></span>23 Contabil\u00edstica<span class=\"_ _1\"></span>s, Altera\u00e7\u00f5es Contabil\u00edstica<span class=\"_ _1\"></span>s e Erros para c<span class=\"_ _1\"></span>larificar como as<span class=\"_ _1\"></span> entidades de<span class=\"_ _1\"></span>vem<span class=\"_ _1\"></span> distinguir as nas Estimativas altera\u00e7\u00f5es nas po<span class=\"_ _1\"></span>l\u00edticas contabi<span class=\"_ _1\"></span>l\u00edsticas das<span class=\"_ _1\"></span> altera\u00e7\u00f5es nas est<span class=\"_ _1\"></span>imativas conta<span class=\"_ _1\"></span>bil\u00edsticas,<span class=\"_ _1\"></span> Contabil\u00edstica<span class=\"_ _1\"></span>s e Erros: com foco princ<span class=\"_ _1\"></span>ipal na defini\u00e7\u00e3o e e<span class=\"_ _1\"></span>sclarecimentos<span class=\"_ _1\"></span> sobre as estimat<span class=\"_ _1\"></span>ivas contabil\u00edsti<span class=\"_ _1\"></span>cas.<span class=\"_ _1\"></span> Defini\u00e7\u00e3o de Esti<span class=\"_ _1\"></span>mativas As altera\u00e7\u00f5es intro<span class=\"_ _1\"></span>duzem uma n<span class=\"_ _1\"></span>ova defini\u00e7\u00e3o para est<span class=\"_ _1\"></span>imativas <span class=\"_ _1\"></span>contabil\u00ed<span class=\"_ _1\"></span>sticas: Contabil\u00edstica<span class=\"_ _1\"></span>s clarificando que<span class=\"_ _1\"></span> s\u00e3o valores monet<span class=\"_ _1\"></span>\u00e1rios nas de<span class=\"_ _1\"></span>monstra\u00e7\u00f5es f<span class=\"_ _1\"></span>inanceiras que est\u00e3o<span class=\"_ _1\"></span> sujeitos \u00e0 incerteza<span class=\"_ _1\"></span> de mensura\u00e7\u00e3<span class=\"_ _1\"></span>o.<span class=\"_ _1\"></span> As altera\u00e7\u00f5es ta<span class=\"_ _1\"></span>mb\u00e9m clarificam<span class=\"_ _1\"></span> a rela\u00e7\u00e3o entr<span class=\"_ _1\"></span>e as pol\u00edticas contab<span class=\"_ _1\"></span>il\u00edsticas<span class=\"_ _1\"></span> e as estimativas contab<span class=\"_ _1\"></span>il\u00edsticas, espec<span class=\"_ _1\"></span>ificand<span class=\"_ _1\"></span>o que uma ent<span class=\"_ _1\"></span>idade desen<span class=\"_ _1\"></span>volve uma estimativa contab<span class=\"_ _1\"></span>il\u00edstica para at<span class=\"_ _1\"></span>ingir o objetivo<span class=\"_ _1\"></span> estabelecido por<span class=\"_ _1\"></span> uma pol\u00edtica contabil\u00edst<span class=\"_ _1\"></span>ica. Os efeitos das a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es em ta<span class=\"_ _1\"></span>is dados ou t\u00e9cn<span class=\"_ _1\"></span>icas de mensura\u00e7\u00e3<span class=\"_ _1\"></span>o s\u00e3o altera\u00e7\u00f5es nas est<span class=\"_ _1\"></span>imativas conta<span class=\"_ _1\"></span>bil\u00edsticas.<span class=\"_ _1\"></span> As altera\u00e7\u00f5es s\u00e3<span class=\"_ _1\"></span>o efetivas para<span class=\"_ _1\"></span> per\u00edodos co<span class=\"_ _1\"></span>m in\u00edcio e<span class=\"_ _1\"></span>m ou ap\u00f3s 1 de<span class=\"_ _1\"></span> janeiro de 2023,<span class=\"_ _1\"></span> com aplica\u00e7\u00e3o antec<span class=\"_ _1\"></span>ipada permit<span class=\"_ _1\"></span>ida, e ser\u00e3o ap<span class=\"_ _1\"></span>licadas prospect<span class=\"_ _1\"></span>ivamente<span class=\"_ _1\"></span> \u00e0s altera\u00e7\u00f5es nas est<span class=\"_ _1\"></span>imativas conta<span class=\"_ _1\"></span>bil\u00edsticas e a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es nas po<span class=\"_ _1\"></span>l\u00edticas conta<span class=\"_ _1\"></span>bil\u00edsticas ocorridas no ou ap<span class=\"_ _1\"></span>\u00f3s o in<span class=\"_ _1\"></span>\u00edcio do primeiro per\u00ed<span class=\"_ _1\"></span>odo de relat\u00f3r<span class=\"_ _1\"></span>io anual ao qual a ent<span class=\"_ _1\"></span>idade aplica as altera\u00e7<span class=\"_ _1\"></span>\u00f5es. Altera\u00e7\u00f5es \u00e0 IAS 1<span class=\"_ _1\"></span>2: O IASB emit<span class=\"_ _1\"></span>iu altera\u00e7\u00f5es \u00e0 IAS 12<span class=\"_ _1\"></span> - 'Impo<span class=\"_ _1\"></span>stos sobre o Rend<span class=\"_ _1\"></span>imento', em 7 de <span class=\"_ _1\"></span>maio de 1 de janeiro de 20<span class=\"_ _1\"></span>23 imposto diferido<span class=\"_ _1\"></span> relacionado 2021.<span class=\"ls0\"> </span>com ativos e pass<span class=\"_ _1\"></span>ivos As altera\u00e7\u00f5es exi<span class=\"_ _1\"></span>gem que as empr<span class=\"_ _1\"></span>esas reconhe\u00e7am<span class=\"_ _1\"></span> impostos difer<span class=\"_ _1\"></span>idos sobre as decorrentes de uma<span class=\"_ _1\"></span> \u00fanica transa\u00e7\u00f5es que, no rec<span class=\"_ _1\"></span>onhecimento <span class=\"_ _1\"></span>inicial, d\u00e3o or<span class=\"_ _1\"></span>igem a montantes <span class=\"_ _1\"></span>iguais de transa\u00e7\u00e3o diferen\u00e7as tempor\u00e1r<span class=\"_ _1\"></span>ias tribut\u00e1ve<span class=\"_ _1\"></span>is e dedut<span class=\"_ _1\"></span>\u00edveis.  Em determinadas<span class=\"_ _1\"></span> circunst\u00e2ncia<span class=\"_ _1\"></span>s, as empresas est\u00e3o<span class=\"_ _1\"></span> isentas de reco<span class=\"_ _1\"></span>nhecer impostos diferidos quando<span class=\"_ _1\"></span> reconhecem ati<span class=\"_ _1\"></span>vos ou passivos <span class=\"_ _1\"></span>pela prime<span class=\"_ _1\"></span>ira vez. Anter<span class=\"_ _1\"></span>iormente, havia alguma<span class=\"_ _1\"></span> incerteza sobre se a<span class=\"_ _1\"></span> isen\u00e7\u00e3o se<span class=\"_ _1\"></span> aplicava a transa<span class=\"_ _1\"></span>\u00e7\u00f5es como loca<span class=\"_ _1\"></span>\u00e7\u00f5es e provis\u00f5es para de<span class=\"_ _1\"></span>smantelamento,<span class=\"_ _1\"></span> isto \u00e9, transa\u00e7\u00f5e<span class=\"_ _1\"></span>s no \u00e2mbito das<span class=\"_ _1\"></span> quais as empre<span class=\"_ _1\"></span>sas reconhecem um at<span class=\"_ _1\"></span>ivo e um pass<span class=\"_ _1\"></span>ivo. As altera\u00e7\u00f5es esc<span class=\"_ _1\"></span>larecem que a <span class=\"_ _1\"></span>isen\u00e7\u00e3o n\u00e3o se aplica a este tipo<span class=\"_ _1\"></span> de transa\u00e7\u00f5es e <span class=\"_ _1\"></span>que as empresas <span class=\"_ _1\"></span>s\u00e3o obrigadas a<span class=\"_ _1\"></span> reconhecer impostos d<span class=\"_ _1\"></span>iferidos. O objet<span class=\"_ _1\"></span>ivo das altera\u00e7\u00f5es \u00e9 redu<span class=\"_ _1\"></span>zir a divers<span class=\"_ _1\"></span>idade na divulga\u00e7\u00e3o<span class=\"_ _1\"></span> de impostos d<span class=\"_ _1\"></span>iferidos sobre loca\u00e7\u00f5es<span class=\"_ _1\"></span> e provis\u00f5es para<span class=\"_ _1\"></span> desmantelament<span class=\"_ _1\"></span>o.<span class=\"_ _1\"></span> As altera\u00e7\u00f5es entram<span class=\"_ _1\"></span> em vigor par<span class=\"_ _1\"></span>a os per\u00edodos anua<span class=\"_ _1\"></span>is com in\u00edci<span class=\"_ _1\"></span>o em ou ap\u00f3s 1 de<span class=\"_ _1\"></span> janeiro de 2023<span class=\"ls25\">. </span>A<span class=\"_ _1\"></span> aplica\u00e7\u00e3o<span class=\"_ _1\"></span> antecipada \u00e9 perm<span class=\"_ _1\"></span>itida.<span class=\"_ _1\"></span> IF<span class=\"ls0\">RS 17 <span class=\"ff9\">\u2013</span> Contrat<span class=\"_ _1\"></span>os de </span>O IASB emit<span class=\"_ _1\"></span>iu em 18 de maio de<span class=\"_ _1\"></span> 2017 uma norma<span class=\"_ _1\"></span> que veio subst<span class=\"_ _1\"></span>ituir a IFRS 4 e 1 de janeiro de 20<span class=\"_ _1\"></span>23 Seguros reformar por comp<span class=\"_ _1\"></span>leto o tratamen<span class=\"_ _1\"></span>to a dar aos contrat<span class=\"_ _1\"></span>os de seguro.<span class=\"_ _1\"></span> A norma introdu<span class=\"_ _1\"></span>z altera\u00e7\u00f5es sign<span class=\"_ _1\"></span>ificativas \u00e0 forma<span class=\"_ _1\"></span> como \u00e9 mensurad<span class=\"_ _1\"></span>o e apresentada<span class=\"_ _1\"></span> a performance<span class=\"_ _1\"></span> dos contratos de seguro<span class=\"_ _1\"></span> com diversos <span class=\"_ _1\"></span>impactos tamb\u00e9m ao<span class=\"_ _1\"></span> n\u00edvel da po<span class=\"_ _1\"></span>si\u00e7\u00e3o finance<span class=\"_ _1\"></span>ira. A norma prev\u00ea a sua<span class=\"_ _1\"></span> aplica\u00e7\u00e3o para<span class=\"_ _1\"></span> os exerc\u00edcios que<span class=\"_ _1\"></span> se iniciem em<span class=\"_ _1\"></span> ou ap\u00f3s 1 de janeiro de 2023.<span class=\"_ _1\"></span> Altera\u00e7\u00f5es \u00e0 IFRS<span class=\"_ _1\"></span> 17 <span class=\"ff9\">\u2013</span> O IASB emit<span class=\"_ _1\"></span>iu uma altera\u00e7\u00e3o a<span class=\"_ _1\"></span>o \u00e2mbito dos requ<span class=\"_ _1\"></span>isitos de transi<span class=\"_ _1\"></span>\u00e7\u00e3o da IFRS 17 <span class=\"_ _1\"></span><span class=\"ff9\">\u2013</span> 1 de janeiro de 20<span class=\"_ _1\"></span>23 Contratos de Seguros<span class=\"_ _1\"></span>: Contratos de Seguro,<span class=\"_ _1\"></span> proporciona<span class=\"_ _1\"></span>ndo \u00e0s seguradora<span class=\"_ _1\"></span>s uma op\u00e7\u00e3o co<span class=\"_ _1\"></span>m o objetivo <span class=\"_ _1\"></span>de aplica\u00e7\u00e3o inic<span class=\"_ _1\"></span>ial da IFRS 17 melhorar a ut<span class=\"_ _1\"></span>ilidade das informa<span class=\"_ _1\"></span>\u00e7\u00f5es para os <span class=\"_ _1\"></span>Investidores<span class=\"_ _1\"></span> na aplica<span class=\"_ _1\"></span>\u00e7\u00e3o inicial da no<span class=\"_ _1\"></span>va e IFRS 9 <span class=\"ff9\">\u2013</span> Infor<span class=\"_ _1\"></span>ma\u00e7\u00e3o norma. comparativa A IFRS 17, inc<span class=\"_ _1\"></span>luindo esta altera<span class=\"_ _1\"></span>\u00e7\u00e3o, \u00e9 efetiva para <span class=\"_ _1\"></span>os per\u00edodos de re<span class=\"_ _1\"></span>lato anua<span class=\"_ _1\"></span>is com in\u00edcio em ou ap\u00f3s<span class=\"_ _1\"></span> 1 de janeiro de <span class=\"_ _1\"></span>2023.<span class=\"_ _1\"></span> Normas e altera\u00e7\u00f5es ainda n\u00e3o endossadas pela Uni\u00e3o Europeia<span class=\"fc15\"> </span>Clarifica\u00e7\u00e3o <span class=\"_ _1\"></span> O IASB emit<span class=\"_ _1\"></span>iu, em 23 de janeiro <span class=\"_ _1\"></span>de 2020, uma<span class=\"_ _1\"></span> altera\u00e7\u00e3o<span class=\"_ _1\"></span> \u00e0 IAS 1 Apr<span class=\"_ _1\"></span>esenta\u00e7\u00e3o das 1 de janeiro de 2024<span class=\"_ _1\"></span> dos requisitos <span class=\"_ _1\"></span> Demonstra\u00e7\u00f5es F<span class=\"_ _1\"></span>inanceiras para c<span class=\"_ _1\"></span>larificar como cla<span class=\"_ _1\"></span>ssificar d\u00edvida e <span class=\"_ _1\"></span>outros passivo<span class=\"_ _1\"></span>s de classifica\u00e7\u00e3o de<span class=\"_ _1\"></span> passivos como corrente e n\u00e3<span class=\"_ _1\"></span>o corrente.<span class=\"_ _1\"></span> como corrente ou n\u00e3o<span class=\"_ _1\"></span> As altera\u00e7\u00f5es esclar<span class=\"_ _1\"></span>ecem um crit\u00e9<span class=\"_ _1\"></span>rio da IAS 1 para c<span class=\"_ _1\"></span>lassificar um<span class=\"_ _1\"></span> passivo como n\u00e3o<span class=\"_ _1\"></span> corrente (altera\u00e7<span class=\"_ _1\"></span>\u00f5es \u00e0 IAS 1 corrente: a exig\u00eanc<span class=\"_ _1\"></span>ia de uma<span class=\"_ _1\"></span> entidade ter o dire<span class=\"_ _1\"></span>ito de diferir<span class=\"_ _1\"></span> a liquida\u00e7\u00e3o do pa<span class=\"_ _1\"></span>ssivo \u2013<span class=\"ff1\"> Apresenta\u00e7\u00e3o da<span class=\"_ _1\"></span>s </span>por pelo menos 12<span class=\"_ _1\"></span> meses ap\u00f3s o <span class=\"_ _1\"></span>per\u00edodo de relat\u00f3r<span class=\"_ _1\"></span>io.<span class=\"_ _1\"></span> Demonstra\u00e7\u00f5es F<span class=\"_ _1\"></span>inanceiras)<span class=\"_ _1\"></span> As altera\u00e7\u00f5es visa<span class=\"_ _1\"></span>m: a.<span class=\"ls0\"> <span class=\"_ _9d\"> </span>especificar que<span class=\"_ _1\"></span> o direito de uma e<span class=\"_ _1\"></span>ntidade de d<span class=\"_ _1\"></span>iferir a liquida\u00e7\u00e3<span class=\"_ _1\"></span>o deve </span>existir no final d<span class=\"_ _1\"></span>o per\u00edodo de re<span class=\"_ _1\"></span>lat\u00f3rio;<span class=\"_ _1\"></span> b.<span class=\"ls0\"> <span class=\"_ _9d\"> </span>esclarecer que a class<span class=\"_ _1\"></span>ifica\u00e7\u00e3o n\u00e3o \u00e9 afetada <span class=\"_ _1\"></span>pelas inten\u00e7\u00f5es<span class=\"_ _1\"></span> ou </span>expectativas da a<span class=\"_ _1\"></span>dministra\u00e7\u00e3o s<span class=\"_ _1\"></span>obre se a entidade exerce<span class=\"_ _1\"></span>r\u00e1 seu dire<span class=\"_ _1\"></span>ito de adiar a liquida\u00e7\u00e3o;<span class=\"_ _1\"></span> c.<span class=\"ls0\"> <span class=\"_ _59\"> </span>esclarecer como as cond<span class=\"_ _1\"></span>i\u00e7\u00f5es de empr\u00e9st<span class=\"_ _1\"></span>imo afetam a c<span class=\"_ _1\"></span>lassifica\u00e7\u00e3o; e<span class=\"_ _1\"></span> </span>d.<span class=\"ls0\"> <span class=\"_ _9d\"> </span>esclarecer os requisito<span class=\"_ _1\"></span>s para class<span class=\"_ _1\"></span>ificar pass<span class=\"_ _1\"></span>ivos que uma ent<span class=\"_ _1\"></span>idade ir\u00e1 </span>liquidar, ou pos<span class=\"_ _1\"></span>sa liquidar, atrav\u00e9s<span class=\"_ _1\"></span> da emiss\u00e3o do<span class=\"_ _1\"></span>s seus pr\u00f3prios in<span class=\"_ _1\"></span>strumentos<span class=\"_ _1\"></span> Data de Altera\u00e7\u00e3o aplica\u00e7\u00e3o patrimoniais.<span class=\"_ _1\"></span> Esta altera\u00e7\u00e3o \u00e9 efet<span class=\"_ _1\"></span>iva para per\u00edodos<span class=\"_ _1\"></span> ap\u00f3s 1 de janeir<span class=\"_ _1\"></span>o de 2024.<span class=\"_ _1\"></span> Passivo de loca\u00e7\u00e3<span class=\"_ _1\"></span>o numa O <span class=\"_ _0\"></span>IASB emitiu em s<span class=\"_ _0\"></span>etembro de 2022 <span class=\"_ _0\"></span>altera\u00e7\u00f5es \u00e0 IFRS <span class=\"_ _0\"></span>16 <span class=\"ff9\">\u2013</span> Loca\u00e7\u00f5es que <span class=\"_ _0\"></span>introduze<span class=\"_ _1\"></span>m 1 de janeiro de 2024<span class=\"_ _1\"></span> transa\u00e7\u00e3o de venda e<span class=\"_ _1\"></span> um <span class=\"_ _1\"></span>novo <span class=\"_ _1\"></span>modelo <span class=\"_ _1\"></span>contab<span class=\"_ _1\"></span>il\u00edstico <span class=\"_ _1\"></span>par<span class=\"_ _1\"></span>a <span class=\"_ _1\"></span>pagamentos<span class=\"_ _1\"></span> var<span class=\"_ _1\"></span>i\u00e1veis <span class=\"_ _1\"></span>numa <span class=\"_ _1\"></span>tra<span class=\"_ _1\"></span>nsa\u00e7\u00e3o <span class=\"_ _1\"></span>de <span class=\"_ _1\"></span>venda reloca\u00e7\u00e3o (altera\u00e7<span class=\"_ _1\"></span>\u00f5es \u00e0 IFRS e reloca\u00e7\u00e3o. A<span class=\"_ _1\"></span>s altera\u00e7\u00f5es con<span class=\"_ _1\"></span>firmam que:<span class=\"_ _1\"></span> 16 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> Loca\u00e7\u00f5es) </span></span>- <span class=\"_ _9e\"> </span><span class=\"ff1\">No reconhecimento <span class=\"_ _1\"></span>inicial, o vendedor <span class=\"_ _1\"></span>- locat\u00e1r<span class=\"_ _1\"></span>io inclui os pagamentos vari<span class=\"_ _1\"></span>\u00e1veis </span>de <span class=\"_ _0\"></span>loca\u00e7\u00e3o quando m<span class=\"_ _0\"></span>ensura um <span class=\"_ _0\"></span>passivo de <span class=\"_ _0\"></span>loca\u00e7\u00e3o <span class=\"_ _0\"></span>decorrente de <span class=\"_ _0\"></span>uma transa\u00e7\u00e3o de venda e re<span class=\"_ _1\"></span>loca\u00e7\u00e3o; - <span class=\"_ _9e\"> </span><span class=\"ff1\">Ap\u00f3s <span class=\"_ _1\"></span>o rec<span class=\"_ _1\"></span>onhecimento <span class=\"_ _1\"></span>in<span class=\"_ _1\"></span>icial, o<span class=\"_ _1\"></span> v<span class=\"_ _1\"></span>endedor <span class=\"_ _1\"></span>- <span class=\"_ _45\"></span>locat\u00e1rio a<span class=\"_ _1\"></span>plica <span class=\"_ _1\"></span>os <span class=\"_ _1\"></span>requ<span class=\"_ _1\"></span>isitos <span class=\"_ _1\"></span>gerais </span>para <span class=\"_ _9f\"> </span>a <span class=\"_ _9f\"> </span>contab<span class=\"_ _1\"></span>iliza\u00e7\u00e3o <span class=\"_ _9f\"> </span>su<span class=\"_ _1\"></span>bsequent<span class=\"_ _1\"></span>e <span class=\"_ _9f\"> </span>do <span class=\"_ _9f\"> </span>pass<span class=\"_ _1\"></span>ivo <span class=\"_ _9f\"> </span>de <span class=\"_ _40\"> </span>lo<span class=\"_ _0\"></span>ca\u00e7\u00e3o, <span class=\"_ _40\"> </span>de <span class=\"_ _9f\"> </span>modo <span class=\"_ _9f\"> </span>que<span class=\"_ _1\"></span> <span class=\"_ _9f\"> </span>n\u00e3o reconhe\u00e7a nenhum<span class=\"_ _1\"></span> ganho ou perda re<span class=\"_ _1\"></span>lacionado com o dire<span class=\"_ _1\"></span>ito de uso que ret\u00e9<span class=\"_ _1\"></span>m.<span class=\"_ _1\"></span> Um vendedor <span class=\"_ _1\"></span>- <span class=\"_ _1\"></span>locat\u00e1rio <span class=\"_ _1\"></span>pode a<span class=\"_ _1\"></span>dotar d<span class=\"_ _1\"></span>iferentes aborda<span class=\"_ _1\"></span>gens que <span class=\"_ _1\"></span>satisfa\u00e7am<span class=\"_ _1\"></span> os no<span class=\"_ _1\"></span>vos requisitos de mensur<span class=\"_ _1\"></span>a\u00e7\u00e3o subseque<span class=\"_ _1\"></span>nte.<span class=\"_ _1\"></span> As altera\u00e7<span class=\"_ _1\"></span>\u00f5es s\u00e3o <span class=\"_ _1\"></span>efetivas<span class=\"_ _1\"></span> para <span class=\"_ _1\"></span>per\u00edodos <span class=\"_ _1\"></span>anuais <span class=\"_ _1\"></span>iniciados<span class=\"_ _1\"></span> em ou<span class=\"_ _1\"></span> a<span class=\"_ _1\"></span>p\u00f3s 1 <span class=\"_ _1\"></span>de jane<span class=\"_ _1\"></span>iro de<span class=\"_ _1\"></span> 2024, com ap<span class=\"_ _1\"></span>lica\u00e7\u00e3o antecipada<span class=\"_ _1\"></span> permitida.<span class=\"_ _1\"></span> De <span class=\"_ _9b\"> </span>acordo <span class=\"_ _a0\"> </span>com <span class=\"_ _9b\"> </span>a <span class=\"_ _a0\"> </span>IAS <span class=\"_ _9b\"> </span>8 <span class=\"_ _a0\"> </span>- <span class=\"_ _9b\"> </span>P<span class=\"_ _1\"></span>ol\u00edticas <span class=\"_ _9b\"> </span>C<span class=\"_ _1\"></span>ontabil\u00edst<span class=\"_ _1\"></span>icas, <span class=\"_ _9b\"> </span>Altera\u00e7<span class=\"_ _1\"></span>\u00f5es <span class=\"_ _9b\"> </span>nas <span class=\"_ _a0\"> </span>Estimat<span class=\"_ _1\"></span>ivas Contabil\u00edstica<span class=\"_ _1\"></span>s <span class=\"_ _9b\"> </span>e <span class=\"_ _a0\"> </span>Erros, <span class=\"_ _9b\"> </span>u<span class=\"_ _1\"></span>m <span class=\"_ _9b\"> </span>ven<span class=\"_ _1\"></span>dedor <span class=\"_ _a0\"> </span>- <span class=\"_ _9b\"> </span>locat\u00e1r<span class=\"_ _1\"></span>io <span class=\"_ _9b\"> </span>ter\u00e1 <span class=\"_ _a0\"> </span>de <span class=\"_ _a0\"> </span>aplicar <span class=\"_ _a0\"> </span>as <span class=\"_ _9b\"> </span>a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es retrospetivamente<span class=\"_ _1\"></span> \u00e0s<span class=\"_ _1\"></span> tran<span class=\"_ _1\"></span>sa\u00e7\u00f5es <span class=\"_ _1\"></span>de <span class=\"_ _1\"></span>venda <span class=\"_ _1\"></span>e <span class=\"_ _1\"></span>re<span class=\"_ _1\"></span>loca\u00e7\u00e3o <span class=\"_ _1\"></span>celebradas <span class=\"_ _1\"></span>ou<span class=\"_ _1\"></span> ap\u00f3s <span class=\"_ _1\"></span>a <span class=\"_ _1\"></span>data<span class=\"_ _1\"></span> de<span class=\"_ _1\"></span> aplica\u00e7\u00e3o <span class=\"_ _40\"> </span>inicial <span class=\"_ _40\"> </span>da <span class=\"_ _9f\"> </span>IFRS <span class=\"_ _40\"> </span>16. <span class=\"_ _40\"> </span>Isto <span class=\"_ _9f\"> </span>signif<span class=\"_ _1\"></span>ica <span class=\"_ _9f\"> </span>que<span class=\"_ _1\"></span> <span class=\"_ _9f\"> </span>ter<span class=\"_ _1\"></span>\u00e1 <span class=\"_ _9f\"> </span>de <span class=\"_ _40\"> </span>identifica<span class=\"_ _1\"></span>r <span class=\"_ _9f\"> </span>e<span class=\"_ _1\"></span> <span class=\"_ _9f\"> </span>re<span class=\"_ _1\"></span>analisar <span class=\"_ _9f\"> </span>a<span class=\"_ _1\"></span>s transa\u00e7\u00f5es <span class=\"_ _45\"></span>de <span class=\"_ _1\"></span>venda<span class=\"_ _1\"></span> <span class=\"_ _1\"></span>e <span class=\"_ _45\"></span>reloca<span class=\"_ _1\"></span>\u00e7\u00e3o <span class=\"_ _45\"></span>celebradas <span class=\"_ _45\"></span>desde <span class=\"_ _1\"></span>a <span class=\"_ _45\"></span>imple<span class=\"_ _1\"></span>menta\u00e7\u00e3o <span class=\"_ _45\"></span>da <span class=\"_ _45\"></span>IFRS <span class=\"_ _1\"></span>16 <span class=\"_ _45\"></span>em<span class=\"_ _1\"></span> 2019 <span class=\"_ _1\"></span>e,<span class=\"_ _1\"></span> <span class=\"_ _1\"></span>poten<span class=\"_ _1\"></span>cialmente,<span class=\"_ _1\"></span> <span class=\"_ _1\"></span>reexpres<span class=\"_ _1\"></span>sar <span class=\"_ _1\"></span>aque<span class=\"_ _1\"></span>las <span class=\"_ _45\"></span>que <span class=\"_ _45\"></span>inclu\u00edam<span class=\"_ _1\"></span> <span class=\"_ _1\"></span>paga<span class=\"_ _1\"></span>mentos <span class=\"_ _45\"></span>vari\u00e1vei<span class=\"_ _1\"></span>s <span class=\"_ _1\"></span>de loca\u00e7\u00e3o<span class=\"ff16 fs10 fc2\">.</span> Re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>\u00e0s <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> aci<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>ja <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>trad<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>at\u00f3<span class=\"_ _0\"></span>ria <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>gor<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nda <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> oco<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>eu,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>clui<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>todos<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> da s<span class=\"_ _0\"></span>ua apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>tou<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>o\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>ada,<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> n\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>is im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>ja<span class=\"_ _0\"></span>m si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>cati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s. 1.6.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e ju<span class=\"_ _0\"></span>lg<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>l\u00ed<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>icos<span class=\"_ _0\"></span> </span></span>rel<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> A p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s ex<span class=\"_ _0\"></span>ige<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo <span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>etu<span class=\"_ _0\"></span>e es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> jul<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ren<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, g<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> e di<span class=\"_ _0\"></span>vul<span class=\"_ _0\"></span>ga\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>olid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a. P<span class=\"_ _0\"></span>ara <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>to, <span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>a-se<span class=\"_ _0\"></span>:  i)<span class=\"ffb ls0\"> <span class=\"_ _64\"> </span><span class=\"ff1\">n<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>r i<span class=\"_ _0\"></span>nfor<span class=\"_ _0\"></span>ma\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhec<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>gun<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m </span></span>re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rit<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nden<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>e  ii)<span class=\"ffb\"> <span class=\"_ _50\"> </span></span>n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>pod<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> vir<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>lve<span class=\"_ _0\"></span>r no<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>.  Na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ncre<span class=\"_ _0\"></span>tiz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ulta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> ser<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>esta<span class=\"_ _0\"></span>s es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span>. As <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> jul<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ntos <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>rese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>bai<span class=\"_ _0\"></span>xo:<span class=\"_ _0\"></span> Estimati<span class=\"_ _1\"></span>vas e julgamentos<span class=\"_ _1\"></span> Notas Recuperabilidade<span class=\"_ _1\"></span> do goodw<span class=\"_ _1\"></span>ill 3.1 <span class=\"ff9\">\u2013</span> Goodw<span class=\"_ _1\"></span>ill Incerteza quanto<span class=\"_ _1\"></span> aos tratamentos<span class=\"_ _1\"></span> do imposto <span class=\"_ _1\"></span> 6.1 - Imposto sobre<span class=\"_ _1\"></span> o rendimento<span class=\"_ _1\"></span> do per\u00edodo<span class=\"_ _1\"></span> sobre o rendimento<span class=\"_ _1\"></span> 6.2 - Impostos<span class=\"_ _1\"></span> diferidos <span class=\"_ _1\"></span> Pressupostos atuar<span class=\"_ _1\"></span>iais 7.2 <span class=\"ff9\">\u2013</span> Benef\u00edc<span class=\"_ _1\"></span>ios aos empregado<span class=\"_ _1\"></span>s Justo valor dos at<span class=\"_ _1\"></span>ivos biol\u00f3gicos<span class=\"_ _1\"></span> 3.8 <span class=\"ff9\">\u2013</span> Ativos b<span class=\"_ _1\"></span>iol\u00f3gicos Reconhecimento <span class=\"_ _1\"></span>de provis\u00f5es<span class=\"_ _1\"></span> 10.1 - Provis\u00f5es<span class=\"_ _1\"></span> Recuperabilidade<span class=\"_ _1\"></span>, vida \u00fatil e depre<span class=\"_ _1\"></span>cia\u00e7\u00e3o <span class=\"_ _1\"></span> 3.3 <span class=\"ff9\">\u2013</span> Ativos f<span class=\"_ _1\"></span>ixos tang\u00edveis<span class=\"_ _1\"></span> de ativos fixos tang<span class=\"_ _1\"></span>\u00edveis<span class=\"_ _1\"></span> Pol\u00edticas Contabil\u00edsticas \u00c1re<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>eg\u00f3<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or A p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>pal<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iste<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rodu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>ess\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _3b\"></span> escri<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>(U<span class=\"_ _0\"></span>WF)<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> us<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>om\u00e9<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>(<span class=\"ff7\">ti<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ue<span class=\"ff1\">)<span class=\"_ _0\"></span>, es<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ese<span class=\"_ _3b\"></span>nte de<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a </span></span>re<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sde<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tiga<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>lvi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>\u00e0 p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7\u00e3o<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>aq<span class=\"_ _0\"></span>uisi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o e <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nda <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>mad<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>past<span class=\"_ _0\"></span>a b<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nqu<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> euc<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>pto<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013</span> p<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ta BEK<span class=\"_ _0\"></span>P <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gia <span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>el\u00e9<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ca,<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>come<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za\u00e7\u00e3<span class=\"_ _0\"></span>o. </span></span>O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>\u00f5e <span class=\"_ _0\"></span>de q<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ompl<span class=\"_ _0\"></span>exo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>is, <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uais<span class=\"_ _0\"></span> l<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>aliza<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s na<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>guei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Fo<span class=\"_ _0\"></span>z e<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Set<span class=\"_ _0\"></span>\u00fabal<span class=\"_ _0\"></span> on<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>z p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a B<span class=\"_ _0\"></span>EK<span class=\"_ _0\"></span>P, <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>l\u00e9t<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l UW<span class=\"_ _0\"></span>F.<span class=\"_ _0\"></span> Di<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>\u00f5e ain<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>lex<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>ndu<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>izad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Av<span class=\"_ _0\"></span>eiro<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>z <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>BEK<span class=\"_ _0\"></span>P, e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ue<span class=\"ff1\">, <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Vil<span class=\"_ _0\"></span>a V<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>R\u00f3d<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uz<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ssue<span class=\"_ _0\"></span><span class=\"ff1 ls10\">. <span class=\"ls0\"> </span></span></span></span></span>A p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>mad<span class=\"_ _0\"></span>eira<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m pl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> ter<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>rios<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> arr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s em<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>ortug<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> Es<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>ha,<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o em <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>cess<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>situ<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os em<span class=\"_ _0\"></span> Mo<span class=\"_ _0\"></span>\u00e7am<span class=\"_ _0\"></span>biq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> pi<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros,<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> a m<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>euc<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>pto<span class=\"_ _0\"></span> \u00e9 e<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>sum<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>BEK<span class=\"_ _0\"></span>P.<span class=\"_ _0\"></span> Na <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>WF<span class=\"_ _0\"></span> e d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span><span class=\"ff7\">tiss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span><span class=\"ff1\"> \u00e9 <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>mid<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>te s<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>nif<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>pr\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> </span></span>pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>BEK<span class=\"_ _0\"></span>P. <span class=\"_ _0\"></span>As <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>BEK<span class=\"_ _0\"></span>P, <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>WF e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>el <span class=\"ff7\">t<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span><span class=\"ff1\"> <span class=\"ff9\">\u2013</span> <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>30<span class=\"_ _0\"></span> </span></span>pa\u00ed<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>it\u00f3r<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m t<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>mun<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>. No<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>\u00e0 pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>sui<span class=\"_ _0\"></span> 3 c<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>oge<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>na pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>zind<span class=\"_ _0\"></span>o-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>vap<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>trici<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>, se<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>umi<span class=\"_ _0\"></span>do in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>e a <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> mai<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>itar<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>ndid<span class=\"_ _0\"></span>a \u00e0<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>onal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>u em me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>sui<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> g\u00e1<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>int<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as na <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l n<span class=\"_ _0\"></span>a F<span class=\"_ _0\"></span>igue<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Foz <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Set<span class=\"_ _0\"></span>\u00fab<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> e d<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rais<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>pen<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ntes,<span class=\"_ _0\"></span> ali<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> bi<span class=\"_ _0\"></span>oma<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>iam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te,<span class=\"_ _0\"></span> \u00e0 r<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al de<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>gia <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado.<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>i a<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>tr\u00ea<span class=\"_ _0\"></span>s ce<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rai<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>oto<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a au<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sumo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>duas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m Set<span class=\"_ _0\"></span>\u00fab<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Fig<span class=\"_ _0\"></span>uei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>Foz<span class=\"_ _0\"></span>. Re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>egme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>rig<span class=\"_ _0\"></span>o da <span class=\"_ _0\"></span>IFR<span class=\"_ _0\"></span>S 8<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mpo<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>env<span class=\"_ _0\"></span>olv<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ativi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ne<span class=\"_ _0\"></span>g\u00f3<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ual <span class=\"_ _0\"></span>pode<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>bt<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>r\u00e9d<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>rer<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> cuj<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nais<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a Co<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> Ex<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>va,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>qual<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> a pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cipal<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>omad<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>cis<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>onai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra e<span class=\"_ _0\"></span>fei<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>oma<span class=\"_ _0\"></span>da de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>s\u00f5es<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a im<span class=\"_ _0\"></span>put<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>urs<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> seg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> e d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>aval<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ho <span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>\u00e0 q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>ja<span class=\"_ _0\"></span> dis<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>n\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>isti<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>a. 2.1.<span class=\"ffd ls0\"> <span class=\"_ _40\"></span><span class=\"ff3\">R\u00e9di<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r s<span class=\"_ _3b\"></span>egmen<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s </span></span>Cad<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>t\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>roc<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>egr<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>dut<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cada <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gm<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>\u00f3cio<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>(Pa<span class=\"_ _0\"></span>sta <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>do,<span class=\"_ _0\"></span> Pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> UW<span class=\"_ _0\"></span>F, <span class=\"_ _0\"></span>Pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> Ti<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>e<span class=\"ff1\"> <span class=\"_ _0\"></span>e E<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gia<span class=\"_ _0\"></span>) c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>side<span class=\"_ _0\"></span>rand<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pet<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cado<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>e </span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iste<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> pel<span class=\"_ _0\"></span>a Co<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss\u00e3o<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>xec<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nit<span class=\"_ _0\"></span>oriz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>acio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s ne<span class=\"_ _0\"></span>g\u00f3<span class=\"_ _0\"></span>cios<span class=\"_ _0\"></span>. Ne<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>, as<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> int<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>aq<span class=\"_ _0\"></span>uel<span class=\"_ _0\"></span>as qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>oco<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>esmo<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>ple<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>abril<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ujo<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span>.  <span class=\"_ _0\"></span>De<span class=\"_ _0\"></span>sta <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>, os<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>epo<span class=\"_ _0\"></span>rta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal <span class=\"_ _0\"></span>resu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>da agr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> uni<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>g\u00f3<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>i\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>fini<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>met<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to,<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>trans<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>segm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>.  As <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ers<span class=\"_ _0\"></span>egm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>m \u00e0<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntre<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>g\u00f3c<span class=\"_ _0\"></span>io,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>as me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>mina<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>feit<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> efe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>olun<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e \u201cEl<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s\u201d.<span class=\"_ _0\"></span> N<span class=\"ff1\">a<span class=\"_ _0\"></span> ag<span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>acio<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>niu<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o </span>se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>at\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>quel<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>spon<span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s \u00e1<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> neg<span class=\"_ _0\"></span>\u00f3ci<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>e<span class=\"lsd\">: </span> i.<span class=\"ffb ls0\"> <span class=\"_ _3d\"> </span><span class=\"ff1\">Pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>Me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> br<span class=\"_ _0\"></span>anq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> eu<span class=\"_ _0\"></span>cali<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>o B<span class=\"_ _0\"></span>EKP<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado;<span class=\"_ _0\"></span> </span></span></span></span>ii.<span class=\"ffb ls0\"> <span class=\"_ _3d\"> </span><span class=\"ff1\">Pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> UW<span class=\"_ _0\"></span>F <span class=\"_ _0\"></span>- p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pap<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pres<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>scri<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>do </span></span>UW<span class=\"_ _0\"></span>F; iii<span class=\"_ _0\"></span>.<span class=\"ffb\"> <span class=\"_ _a2\"> </span></span>Pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>e<span class=\"ff1\"> -<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pap<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>so d<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>\u00e9s<span class=\"_ _0\"></span>tico<span class=\"_ _0\"></span>;  </span></span>iv<span class=\"_ _0\"></span>.<span class=\"ffb\"> <span class=\"_ _a2\"> </span></span>Ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>bio<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nclui<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>trai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>a co<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>rai<span class=\"_ _0\"></span>s </span></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>oel<span class=\"_ _0\"></span>\u00e9tr<span class=\"_ _0\"></span>icas<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ndep<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>; v.<span class=\"ffb ls0\"> <span class=\"_ _a2\"> </span><span class=\"ff1\">Supo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>e -<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>incl<span class=\"_ _0\"></span>ui <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntro<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>orp<span class=\"_ _0\"></span>orat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o (h<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>a<span class=\"lsd\">).</span> </span></span>No<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>\u00e0 a<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>\u00f3ci<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>alie<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>a-se<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>: \uf0b7<span class=\"ffb\"> <span class=\"_ _47\"> </span><span class=\"ff1 fc6\">Todo<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>equi<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>eto<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Pape<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>UWF <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tram<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu\u00edd<span class=\"_ _0\"></span>os </span></span>nos<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fix<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>ng\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pet<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>. \uf0b7<span class=\"ffb\"> <span class=\"_ _47\"> </span><span class=\"ff1 fc6\">O pat<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>m\u00f3<span class=\"_ _0\"></span>nio<span class=\"_ _0\"></span> imo<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>i\u00e1ri<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>eto<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> seg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>g\u00f3<span class=\"_ _0\"></span>cio.<span class=\"_ _0\"></span> </span></span>\uf0b7<span class=\"ffb\"> <span class=\"_ _47\"> </span><span class=\"ff1 fc6\">Os at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00e0 f<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e af<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ao<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span>gm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> Pap<span class=\"_ _0\"></span>el </span></span>UW<span class=\"_ _0\"></span>F e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>fun<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>apac<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>utiv<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os. \uf0b7<span class=\"ffb\"> <span class=\"_ _47\"> </span><span class=\"ff1 fc6\">A ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>rali<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>afet<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a um<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> seg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>uali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>com </span></span>ex<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>eber<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e1 <span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Port<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>al.  \uf0b7<span class=\"ffb\"> <span class=\"_ _47\"> </span><span class=\"ff1 fc6\">De ac<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a po<span class=\"_ _0\"></span>l\u00edti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r, <span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>\u00e9sti<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>s </span></span>s\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra\u00ed<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span> Hol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A., <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>a tot<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>d\u00edvi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ncar<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>Ne<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s ob<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 5.7<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span><span class=\"ff9\">alo<span class=\"_ _0\"></span>cado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e \u201c<span class=\"_ _0\"></span>Sup<span class=\"_ _0\"></span>orte<span class=\"_ _0\"></span>\u201d, <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>ui <span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> </span>cor<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o (H<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a) d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>exce<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>subs<span class=\"_ _0\"></span>\u00eddi<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>mbo<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>o \u00e0 c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>\u00e1b<span class=\"_ _0\"></span>rica <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> <span class=\"ff7\">t<span class=\"_ _0\"></span>issu<span class=\"_ _0\"></span>e<span class=\"ff9\">,<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ocad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gmen<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>\u201cPa<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>l <span class=\"ff7\">T<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>sue<span class=\"_ _0\"></span><span class=\"ff9\">\u201d e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> </span></span></span></span>par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o su<span class=\"_ _0\"></span>bs\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span> \u201cIn<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>s\u201d <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gm<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span> \u201cP<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> UWF<span class=\"_ _0\"></span>\u201d<span class=\"ff1\">. </span>R\u00e9<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>o  O r<span class=\"_ _0\"></span>\u00e9d<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>raci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> \u00e1re<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>\u00e1fic<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>\u00eds d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>ns <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>vi\u00e7<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po. Os <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>come<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>Cli<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e \u00e0<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>utos<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span><span class=\"ff7\">ti<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>e<span class=\"ff1\"> e<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gia, <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>num<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xt<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>mit<span class=\"_ _0\"></span>ada a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>nsp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>esse<span class=\"_ _0\"></span>s </span></span>pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>s, q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l.  O r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>heci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> r\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>to e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ciona<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>scre<span class=\"_ _0\"></span>ve-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>: Pasta para O r\u00e9dito da pasta,<span class=\"_ _1\"></span> resulta das ven<span class=\"_ _1\"></span>das efetuadas a pr<span class=\"_ _1\"></span>odutores internaciona<span class=\"_ _1\"></span>is de pape<span class=\"_ _1\"></span>l e de d\u00e9cor<span class=\"_ _1\"></span>.<span class=\"_ _1\"></span> O r\u00e9dito \u00e9 reconhe<span class=\"_ _1\"></span>cido Mercado num momento espec<span class=\"_ _1\"></span>\u00edfico, pelo mon<span class=\"_ _1\"></span>tante da obriga\u00e7\u00e3o <span class=\"_ _1\"></span>de performan<span class=\"_ _1\"></span>ce satisfeita,<span class=\"_ _1\"></span> correspondendo o pr<span class=\"_ _1\"></span>e\u00e7o da transa\u00e7\u00e3o a uma quantia fixa<span class=\"_ _1\"></span> faturada em fun<span class=\"_ _1\"></span>\u00e7\u00e3o das quantidade<span class=\"_ _1\"></span>s vendidas, ded<span class=\"_ _1\"></span>uzida de descont<span class=\"_ _1\"></span>os de pronto pag<span class=\"_ _1\"></span>amento e descontos de quant<span class=\"_ _1\"></span>idade, que s<span class=\"_ _1\"></span>\u00e3o determin\u00e1ve<span class=\"_ _1\"></span>is com fiabil<span class=\"_ _1\"></span>idade. Na vertente<span class=\"_ _1\"></span> da exporta\u00e7\u00e3o, a trans<span class=\"_ _1\"></span>fer\u00eancia de control<span class=\"_ _1\"></span>o dos produtos ocorre na<span class=\"_ _1\"></span> sua general<span class=\"_ _1\"></span>idade quando ex<span class=\"_ _1\"></span>iste transfer\u00eanci<span class=\"_ _1\"></span>a de controlo para o<span class=\"_ _1\"></span> cliente, confo<span class=\"_ _1\"></span>rme os <span class=\"_ _45\"></span><span class=\"ff7\">Incoterms</span> negociados. <span class=\"_ _1\"></span> UWF O r\u00e9dito de pa<span class=\"_ _1\"></span>pel, refere-se<span class=\"_ _1\"></span> \u00e0s vendas efetua<span class=\"_ _1\"></span>das atrav\u00e9s de Di<span class=\"_ _1\"></span>stribuidores co<span class=\"_ _1\"></span>merciais (B2B) os<span class=\"_ _1\"></span> quais inclue<span class=\"_ _1\"></span>m grandes distribuidores, <span class=\"_ _1\"></span>grossistas ou ope<span class=\"_ _1\"></span>radores comercia<span class=\"_ _1\"></span>is. O r\u00e9dito \u00e9 recon<span class=\"_ _1\"></span>hecido num momento<span class=\"_ _1\"></span> espec\u00edfico,<span class=\"_ _1\"></span> na data da entrega do produto ao cliente<span class=\"_ _1\"></span> quando o<span class=\"_ _1\"></span>corre a transfer\u00ean<span class=\"_ _1\"></span>cia de contro<span class=\"_ _1\"></span>lo, pelo montante<span class=\"_ _1\"></span> da obriga\u00e7\u00e3o <span class=\"_ _1\"></span>de performance <span class=\"_ _1\"></span>satisfeita, sendo que o pre\u00e7<span class=\"_ _1\"></span>o da transa\u00e7\u00e3o c<span class=\"_ _1\"></span>orresponde a uma qua<span class=\"_ _1\"></span>ntia fixa fatu<span class=\"_ _1\"></span>rada em fun\u00e7\u00e3o das<span class=\"_ _1\"></span> quantidades vend<span class=\"_ _1\"></span>idas, deduzida de descontos de pront<span class=\"_ _1\"></span>o pagamento e <span class=\"_ _1\"></span>descontos de qua<span class=\"_ _1\"></span>nt<span class=\"_ _1\"></span>idade, que s\u00e3o dete<span class=\"_ _1\"></span>rmin\u00e1veis co<span class=\"_ _1\"></span>m fiabilidade.<span class=\"_ _1\"></span>  Tissue O r\u00e9dito de <span class=\"ff7\">tis<span class=\"_ _1\"></span>sue</span> resulta das<span class=\"_ _1\"></span> vendas de papel<span class=\"_ _1\"></span> <span class=\"ff7\">tissue</span> pr<span class=\"_ _1\"></span>oduzido par<span class=\"_ _1\"></span>a a marca pr\u00f3pr<span class=\"_ _1\"></span>ia de redes de ret<span class=\"_ _1\"></span>alho moderno nacionais e inter<span class=\"_ _1\"></span>nacionais. O r\u00e9d<span class=\"_ _1\"></span>ito \u00e9 reconhec<span class=\"_ _1\"></span>ido num momento e<span class=\"_ _1\"></span>spec\u00edfico, pe<span class=\"_ _1\"></span>lo montante da<span class=\"_ _1\"></span> obriga\u00e7\u00e3o de perfor<span class=\"_ _1\"></span>mance satisfeita, sendo <span class=\"_ _1\"></span>que o pre\u00e7o da tr<span class=\"_ _1\"></span>ansa\u00e7\u00e3o corresponde<span class=\"_ _1\"></span> a uma quant<span class=\"_ _1\"></span>ia fixa fatur<span class=\"_ _45\"></span>ada em fun\u00e7\u00e3o das <span class=\"_ _1\"></span>quantidade<span class=\"_ _1\"></span>s vendidas, deduz<span class=\"_ _1\"></span>ida de desconto<span class=\"_ _1\"></span>s de pronto paga<span class=\"_ _1\"></span>mento e descontos <span class=\"_ _1\"></span>de quantidade, que<span class=\"_ _1\"></span> s\u00e3o determina<span class=\"_ _1\"></span>dos com fiabilidade. O<span class=\"_ _1\"></span> r\u00e9dito \u00e9 reconheci<span class=\"_ _1\"></span>do contra a entrega <span class=\"_ _1\"></span>do produto, data<span class=\"_ _1\"></span> em que se cons<span class=\"_ _1\"></span>idera existir a tran<span class=\"_ _1\"></span>sfer\u00eancia do controlo sobre o <span class=\"_ _1\"></span>produto.<span class=\"_ _1\"></span> Energia O r\u00e9dito de energ<span class=\"_ _1\"></span>ia resulta da val<span class=\"_ _1\"></span>oriza\u00e7\u00e3o da ene<span class=\"_ _1\"></span>rgia entregue na <span class=\"_ _1\"></span>Rede naciona<span class=\"_ _1\"></span>l de Energia ou<span class=\"_ _1\"></span> vendida em merca<span class=\"_ _1\"></span>do, conforme contagem<span class=\"_ _1\"></span> em contador, <span class=\"_ _1\"></span>valorizada \u00e0 tar<span class=\"_ _1\"></span>ifa definida no <span class=\"_ _1\"></span>contrato para um per<span class=\"_ _1\"></span>\u00edodo de 25 ano<span class=\"_ _1\"></span>s em curso no primeiro caso ou a<span class=\"_ _1\"></span>o pre\u00e7o de merc<span class=\"_ _1\"></span>ado no segundo<span class=\"_ _1\"></span> caso.<span class=\"_ _1\"></span> A partir de novembr<span class=\"_ _1\"></span>o de 2021, fac<span class=\"_ _1\"></span>e \u00e0 volatilidade<span class=\"_ _1\"></span> dos pre\u00e7os de <span class=\"_ _1\"></span>mercado da energia<span class=\"_ _1\"></span> el\u00e9trica, o Grupo<span class=\"_ _1\"></span> passou vende<span class=\"_ _1\"></span>r o excedente de produ<span class=\"_ _1\"></span>\u00e7\u00e3o da central <span class=\"_ _1\"></span>de ciclo combina<span class=\"_ _1\"></span>do a g\u00e1s natura<span class=\"_ _1\"></span>l de Set\u00fabal a pre<span class=\"_ _1\"></span>\u00e7os de mercado, e<span class=\"_ _1\"></span>m detrimento<span class=\"_ _1\"></span> da tarifa regulada. D<span class=\"_ _1\"></span>urante <span class=\"ls24\">2022</span> o<span class=\"_ _1\"></span> mesmo ac<span class=\"_ _1\"></span>onteceu com o ex<span class=\"_ _1\"></span>cedente de pro<span class=\"_ _1\"></span>du\u00e7\u00e3o d<span class=\"ls43\">as</span> outras centr<span class=\"_ _1\"></span>ais do Grupo.<span class=\"_ _1\"></span> Suporte O r\u00e9dito da venda <span class=\"_ _1\"></span>de outros produtos,<span class=\"_ _1\"></span> como por exemp<span class=\"_ _1\"></span>lo desperd\u00edcios, ou <span class=\"_ _1\"></span>servi\u00e7os (corretagem<span class=\"_ _1\"></span>, por exemplo)<span class=\"_ _1\"></span> \u00e9 reconhecido na data<span class=\"_ _1\"></span> da entrega d<span class=\"_ _1\"></span>o produto ao cl<span class=\"_ _1\"></span>iente pel<span class=\"_ _1\"></span>o montant<span class=\"_ _1\"></span>e da obriga\u00e7\u00e3o<span class=\"_ _1\"></span> de performance sa<span class=\"_ _1\"></span>tisfeita. Os r\u00e9dit<span class=\"_ _1\"></span>os associados a este <span class=\"_ _1\"></span>segmento s\u00e3o re<span class=\"_ _1\"></span>classificados para<span class=\"_ _1\"></span> Outr<span class=\"_ _1\"></span>os rendimentos e <span class=\"_ _1\"></span>ganhos operac<span class=\"_ _1\"></span>ionais ou para<span class=\"_ _1\"></span> menos custo.<span class=\"_ _1\"></span> O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> ci<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>uns<span class=\"_ _0\"></span>t\u00e2n<span class=\"_ _0\"></span>cias<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>erm<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cad<span class=\"_ _0\"></span>a con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>Cli<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>suas<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00e1t<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s h<span class=\"_ _0\"></span>abitu<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>erm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>re\u00e7o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Ne<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>enti<span class=\"_ _0\"></span>do,<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpos<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das,<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r,<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>s\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>r i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>e\u00e7o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> No<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>cif<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>taxa <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ping<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>fig<span class=\"_ _0\"></span>ura <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>axa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>ria <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> pa\u00ed<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>(no<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span> EUA<span class=\"_ _0\"></span>) e<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>term<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ada <span class=\"_ _0\"></span><span class=\"ff7\">a <span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span><span class=\"ff1\">, <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>da </span></span>an\u00e1<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Dep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>nt <span class=\"_ _0\"></span>of<span class=\"_ _0\"></span> Com<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rce<span class=\"_ _0\"></span> <span class=\"ff7\">a<span class=\"_ _0\"></span> pos<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span>i<span class=\"ff1 ls10\">. <span class=\"_ _0\"></span><span class=\"ls0\">Dest<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>fig<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma r<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o </span></span></span>\u00e0 m<span class=\"_ _0\"></span>arg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>rut<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>bti<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> Es<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>Un<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a A<span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> n\u00e3o<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>rans<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> Informa\u00e7\u00e3o financeira por segmentos operacionais em 2022 e 2021 2022<span class=\"ls0\"> </span>Pasta Mercado<span class=\"_ _1\"></span> Papel UWF Papel T<span class=\"_ _1\"></span>issue Energia Suporte Elimina\u00e7\u00f5es*<span class=\"_ _1\"></span> Total R\u00c9DITOS   <span class=\"ls0\">Vendas e presta\u00e7\u00f5es de servi\u00e7os - e<span class=\"_ _1\"></span>xternas </span>197<span class=\"ls0\">.416.774  </span>1.<span class=\"ls73\">810</span>.<span class=\"ls73\">953</span>.<span class=\"_ _1\"></span>114  197<span class=\"ls0\">.729.182  </span>258<span class=\"ls0\">.525.621  </span>-  -  2.<span class=\"ls73\">464</span>.<span class=\"ls73\">624</span>.<span class=\"_ _1\"></span>691    <span class=\"ls0\">Vendas e prest. de servi\u00e7os - i<span class=\"_ _1\"></span>ntersegmental </span>3.<span class=\"ls73\">525</span>.438 <span class=\"_ _1\"></span> -  -  66<span class=\"ls0\">.682.677  </span>-  (70.<span class=\"ls73\">208</span>.115) -    <span class=\"ls0\">R\u00e9ditos totais<span class=\"_ _1\"></span> </span>200.942.212  1.810.953.114  197.729.182  325.208.298  -  (70<span class=\"ls0\">.208.115)<span class=\"_ _1\"></span> </span>2.464.624.691  RESULTADOS (1)  <span class=\"ls0\">Resultado operac<span class=\"_ _1\"></span>ional </span>50<span class=\"ls0\">.369.048 <span class=\"_ _1\"></span> </span>533.756.142  31<span class=\"ls0\">.317.216 <span class=\"_ _1\"></span> </span>17<span class=\"ls0\">.749.903 <span class=\"_ _1\"></span> </span>(59<span class=\"ls0\">.732.55<span class=\"_ _1\"></span>6) </span>-  573.459.753    <span class=\"ls0\">Resultados financeiros <span class=\"_ _1\"></span> </span>-  -  -  -  (56.<span class=\"ls73\">983</span>.010)<span class=\"_ _1\"></span> -  (56.<span class=\"ls73\">983</span>.010)<span class=\"_ _1\"></span>   <span class=\"ls0\">Imposto sobre o rendimento<span class=\"_ _1\"></span> </span>-  -  -  -  (123.937.812) -  (123.937.812)   <span class=\"ls0\">Resultado l\u00edq<span class=\"_ _1\"></span>uido do per\u00edodo </span>392.538.931    <span class=\"ls0\">Interesses que n\u00e3o controlam<span class=\"_ _1\"></span> </span>-  -  -  -  (1<span class=\"ls0\">.<span class=\"ls73\">861)</span> </span>-  (1<span class=\"ls0\">.<span class=\"ls73\">861)</span> </span>  <span class=\"ls0\">Resultado atrib<span class=\"_ _1\"></span>u\u00edvel aos detentores do capital<span class=\"_ _1\"></span> </span>- <span class=\"fc2\"> </span>-  -  -  -  -  392.537.070  OUTRAS INFORMA\u00c7\u00d5ES <span class=\"_ _1\"></span> Disp\u00eandio de capital fixo<span class=\"_ _1\"></span> 30<span class=\"ls0\">.490.503  </span>72<span class=\"ls0\">.553.878  </span>4.<span class=\"ls73\">781</span>.955 <span class=\"_ _1\"></span> 2.<span class=\"ls73\">653</span>.157 <span class=\"_ _1\"></span> 1.<span class=\"ls73\">580</span>.813 <span class=\"_ _1\"></span> -  112<span class=\"ls0\">.060.306  </span>Deprecia\u00e7\u00f5es (inclui im<span class=\"_ _1\"></span>paridades) (19.<span class=\"ls73\">691</span>.188) (109.728.670) (10.<span class=\"ls73\">109</span>.208) (20.<span class=\"ls73\">798</span>.940) (949.573) -  (161.277.579) Provis\u00f5es ((aumentos) / revers\u00e3o)<span class=\"_ _1\"></span> (199.913) 2.<span class=\"ls73\">740</span>.699 <span class=\"_ _1\"></span> (732.719) -  (3<span class=\"ls0\">.<span class=\"ls73\">429</span>.514) </span>-  (1<span class=\"ls0\">.<span class=\"ls73\">621</span>.447) </span>OUTRAS INFORMA\u00c7\u00d5ES <span class=\"_ _1\"></span> ATIVOS DO SEGMENTO<span class=\"_ _1\"></span> Goodwill -  376<span class=\"ls0\">.756.383  </span>583<span class=\"ls0\">.083  </span>-  -  -  377<span class=\"ls0\">.339.466  </span>Ativos fixos tang\u00edveis<span class=\"_ _1\"></span> 137<span class=\"ls0\">.589.814  </span>591<span class=\"ls0\">.118.464  </span>144<span class=\"ls0\">.510.785  </span>221<span class=\"ls0\">.718.245  </span>4.<span class=\"ls73\">752</span>.099 <span class=\"_ _1\"></span> -  1.<span class=\"ls73\">099</span>.<span class=\"ls73\">689</span>.<span class=\"_ _1\"></span>407  Ativos sob direito de uso<span class=\"_ _1\"></span> 11<span class=\"ls0\">.682.440  </span>43<span class=\"ls0\">.832.667  </span>-  -  2.<span class=\"ls73\">419</span>.733 <span class=\"_ _1\"></span> -  57<span class=\"ls0\">.934.840  </span>Ativos biol\u00f3gicos<span class=\"_ _1\"></span> 30<span class=\"ls0\">.624.969  </span>91<span class=\"ls0\">.874.905  </span>-  -  -  -  122<span class=\"ls0\">.499.874  </span>Valores a receber n\u00e3o correntes<span class=\"_ _1\"></span> 775<span class=\"ls0\">.481  </span>7.<span class=\"ls73\">537</span>.867 <span class=\"_ _1\"></span> 2.<span class=\"ls73\">208</span>.419 <span class=\"_ _1\"></span> -  14<span class=\"ls0\">.761.092  </span>-  25<span class=\"ls0\">.282.859  </span>Invent\u00e1rios 41<span class=\"ls0\">.478.773  </span>223<span class=\"ls0\">.828.498  </span>28<span class=\"ls0\">.611.744  </span>739<span class=\"ls0\">.390  </span>4.<span class=\"ls73\">070</span>.812 <span class=\"_ _1\"></span> -  298<span class=\"ls0\">.729.217  </span>Clientes 18<span class=\"ls0\">.940.061  </span>240<span class=\"ls0\">.428.617  </span>44<span class=\"ls0\">.400.815  </span>23<span class=\"ls0\">.459.074  </span>14<span class=\"ls0\">.372.891  </span>-  341<span class=\"ls0\">.601.458  </span>Outros valores a receber correntes<span class=\"_ _1\"></span> 15<span class=\"ls0\">.411.876  </span>35<span class=\"ls0\">.500.037  </span>2.<span class=\"ls73\">653</span>.086 <span class=\"_ _1\"></span> 747<span class=\"ls0\">.233  </span>103<span class=\"ls0\">.229.718  </span>-  157<span class=\"ls0\">.541.950  </span>Outros ativos 4.<span class=\"ls73\">172</span>.745 <span class=\"_ _1\"></span> 62<span class=\"ls0\">.146.799  </span>3.<span class=\"ls73\">833</span>.977 <span class=\"_ _1\"></span> -  361<span class=\"ls0\">.255.503  </span>-  431<span class=\"ls0\">.409.024  </span>Ativos totais 260.676.159  1.673.024.237  226.801.909  246.663.942  504.861.848  -  2.912.028.095  PASSIVOS DO SEGMENTO<span class=\"_ _1\"></span> Financiamentos obtidos<span class=\"_ _1\"></span> -  415<span class=\"ls0\">.573  </span>36<span class=\"ls0\">.778.931  </span>-  688<span class=\"ls0\">.107.218  </span>-  725<span class=\"ls0\">.301.722  </span>Passivos de loca\u00e7\u00e3o 12<span class=\"ls0\">.573.057  </span>46<span class=\"ls0\">.522.331  </span>-  -  2.<span class=\"ls73\">545</span>.661 <span class=\"_ _1\"></span> -  61<span class=\"ls0\">.641.049  </span>Outros valores a pagar correntes<span class=\"_ _1\"></span> 74<span class=\"ls0\">.580.924  </span>233<span class=\"ls0\">.992.271  </span>18<span class=\"ls0\">.861.370  </span>7.<span class=\"ls73\">001</span>.916 <span class=\"_ _1\"></span> 241<span class=\"ls0\">.031.208  </span>-  575<span class=\"ls0\">.467.689  </span>Outros passivos 9.<span class=\"ls73\">438</span>.619 <span class=\"_ _1\"></span> 106<span class=\"ls0\">.261.045  </span>12<span class=\"ls0\">.639.180  </span>8.<span class=\"ls73\">029</span>.934 <span class=\"_ _1\"></span> 153<span class=\"ls0\">.541.343  </span>-  289<span class=\"ls0\">.910.121  </span>Passivos totais 96<span class=\"ls0\">.592.600 <span class=\"_ _1\"></span> </span>387.191.220  68<span class=\"ls0\">.279.481 <span class=\"_ _1\"></span> </span>15<span class=\"ls0\">.031.850 <span class=\"_ _1\"></span> </span>1.085.225.430  -  1.652.320.581  * <span class=\"_ _0\"></span>Eli<span class=\"_ _0\"></span>mina<span class=\"ff9\">c<span class=\"_ _0\"></span><span class=\"ff17\">\uee64<span class=\"ff9\">\u00e3<span class=\"ff1\">o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Oper<span class=\"_ _0\"></span>a<span class=\"ff9\">c<span class=\"ff17\">\uee64</span>\u00f5</span>es<span class=\"_ _0\"></span> I<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rse<span class=\"_ _0\"></span>gmen<span class=\"_ _0\"></span>to. <span class=\"_ _0\"></span>Os a<span class=\"_ _0\"></span>just<span class=\"_ _3b\"></span>amento<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onso<span class=\"_ _0\"></span>lida<span class=\"ff9\">c<span class=\"_ _0\"></span><span class=\"ff17\">\uee64<span class=\"ff9\">\u00e3<span class=\"ff1\">o r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>cion<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os c<span class=\"_ _0\"></span>om a<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>ransa<span class=\"_ _3b\"></span>c<span class=\"ff9\">c<span class=\"ff17\">\uee64</span>\u00f5</span>es i<span class=\"_ _0\"></span>nter<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span>gmen<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>is s<span class=\"ff9\">\u00e3<span class=\"_ _0\"></span><span class=\"ff1\">o c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>idera<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> n<span class=\"ff9\">\u00e3<span class=\"_ _0\"></span><span class=\"ff1\">o si<span class=\"_ _0\"></span>gnif<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os. </span></span></span></span></span></span></span></span></span></span></span></span>(1)<span class=\"_ _0\"></span> In<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>i o<span class=\"_ _0\"></span>s efe<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>os <span class=\"ff9\">do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>deri<span class=\"_ _0\"></span>vado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de co<span class=\"_ _0\"></span>bert<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac11<span class=\"_ _0\"></span>.70<span class=\"_ _0\"></span>5.0<span class=\"_ _0\"></span>47 n<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Pa<span class=\"_ _0\"></span>sta <span class=\"_ _0\"></span>para<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span>do,<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>\u20ac18.<span class=\"_ _0\"></span>316.<span class=\"_ _0\"></span>951<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>gmen<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>Pape<span class=\"_ _0\"></span>l UW<span class=\"_ _0\"></span>F <span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span> \u20ac2<span class=\"_ _0\"></span>.388<span class=\"ff1\">.<span class=\"_ _0\"></span>498 <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> seg<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o En<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>gia.<span class=\"_ _0\"></span> O se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>Ene<span class=\"_ _0\"></span>rgia<span class=\"_ _0\"></span> </span></span>inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>i ain<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>os r<span class=\"_ _0\"></span><span class=\"ff9\">\u00e9di<span class=\"_ _0\"></span>tos a<span class=\"_ _3b\"></span>ssocia<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> a ga<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ntia<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> or<span class=\"_ _0\"></span>igem<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac4<span class=\"_ _0\"></span>.809<span class=\"_ _0\"></span>.757<span class=\"_ _0\"></span>. </span>Em <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> <span class=\"ff9\">Th<span class=\"_ _0\"></span>e N<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>igat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>y <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tou<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>me d<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>eg\u00f3<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e \u20ac<span class=\"_ _0\"></span>2.<span class=\"_ _0\"></span>46<span class=\"_ _0\"></span>4.62<span class=\"_ _0\"></span>4.6<span class=\"_ _0\"></span>91,<span class=\"_ _0\"></span> </span>ul<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>san<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la p<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> hi<span class=\"_ _0\"></span>st\u00f3<span class=\"_ _0\"></span>ria <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>bar<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>s mil<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ilh<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>uros<span class=\"_ _0\"></span>, te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>pel <span class=\"_ _0\"></span>rep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 73<span class=\"_ _0\"></span>% d<span class=\"_ _0\"></span>o vo<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>\u00f3ci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> (v<span class=\"_ _0\"></span>s.7<span class=\"_ _0\"></span>2%)<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>s ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>8% <span class=\"_ _0\"></span>(v<span class=\"_ _0\"></span>s.1<span class=\"_ _0\"></span>1%)<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>e<span class=\"ff1\"> <span class=\"_ _0\"></span>8% (<span class=\"_ _0\"></span>vs.<span class=\"_ _0\"></span>9%<span class=\"_ _0\"></span>) e<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>10%<span class=\"_ _0\"></span> </span></span>(v<span class=\"_ _0\"></span>s.8<span class=\"_ _0\"></span>%)<span class=\"_ _0\"></span>.  O a<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>cou<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>arc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>uma <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>ntu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cert<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>a ge<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ol\u00edt<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> mac<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>on\u00f3m<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> Ucr<span class=\"_ _0\"></span>\u00e2ni<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a R<span class=\"_ _0\"></span>\u00fassi<span class=\"_ _0\"></span>a,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>lexo<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a, l<span class=\"_ _0\"></span>og\u00ed<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ica <span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>\u00e9r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span>-p<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>as. <span class=\"_ _0\"></span>Os<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aba<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>og\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> fiz<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ve <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Eu<span class=\"_ _0\"></span>ropa<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>nali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>of<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>on\u00edv<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>, ta<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pape<span class=\"_ _0\"></span>l,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ibui<span class=\"_ _0\"></span>u par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ncom<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>tore<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s te<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntre<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>issem<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> hi<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>e ve<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>fica<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>aume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pre<span class=\"_ _0\"></span>\u00e7os<span class=\"_ _0\"></span>. J<span class=\"_ _0\"></span>\u00e1 n<span class=\"_ _0\"></span>a se<span class=\"_ _0\"></span>gun<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>tade<span class=\"_ _3b\"></span> do <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ios <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>dam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> econ<span class=\"_ _0\"></span>\u00f3m<span class=\"_ _0\"></span>ico<span class=\"_ _0\"></span> le<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00fabita<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ocu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> nu<span class=\"_ _0\"></span>m mom<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>cks<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stav<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>se a<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma re<span class=\"_ _0\"></span>gul<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>r\u00e1p<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>eia<span class=\"_ _0\"></span>s lo<span class=\"_ _0\"></span>g\u00eds<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>. Ao <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ngo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>tiu<span class=\"_ _0\"></span>-se,<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> cre<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pape<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>do r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>suce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>\u00e7os<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e UW<span class=\"_ _0\"></span>F,<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>e <span class=\"ff7\">t<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e<span class=\"ff1\"> a<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ar c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>otimi<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> </span></span>ex<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>x d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>vend<span class=\"_ _0\"></span>as. A a<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>nha<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ne<span class=\"_ _0\"></span>g\u00f3<span class=\"_ _0\"></span>cio <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> <span class=\"ff7\">p<span class=\"_ _0\"></span>ack<span class=\"_ _0\"></span>agi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span><span class=\"ff1\"> con<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>idar<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>atin<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o </span></span>ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s <span class=\"ff9\">s<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>a \u20ac<span class=\"_ _0\"></span><span class=\"ff1\"> <span class=\"ls16\">90</span> <span class=\"ls8d\">mi<span class=\"_ _0\"></span><span class=\"ls0\">lh\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> emb<span class=\"_ _0\"></span>ala<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m, <span class=\"_ _0\"></span>dupl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s </span></span></span></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21.<span class=\"_ _0\"></span> Es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>\u00e1re<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> neg<span class=\"_ _0\"></span>\u00f3c<span class=\"_ _0\"></span>io,<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>tual<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>env<span class=\"_ _0\"></span>olvi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o, e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ra-<span class=\"_ _0\"></span>se in<span class=\"_ _0\"></span>clu\u00ed<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gm<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Pape<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>UWF<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span>, \u00e0<span class=\"_ _0\"></span> lu<span class=\"_ _0\"></span>z <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>IFR<span class=\"_ _0\"></span>S 8<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>mar<span class=\"_ _0\"></span>es qu<span class=\"_ _0\"></span>anti<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>g\u00f3ci<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> nat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>imil<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Pap<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>UWF<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>lha<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>um c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>jun<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>roc<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odut<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e com<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>. O v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>otal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>oi d<span class=\"_ _0\"></span>e \u20ac<span class=\"_ _0\"></span>258<span class=\"_ _0\"></span>.5<span class=\"_ _0\"></span>25.<span class=\"_ _0\"></span>621<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> a \u20ac135<span class=\"ff1 ls0\">.17<span class=\"_ _0\"></span>3.<span class=\"_ _0\"></span>674<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span>, do<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e 7<span class=\"_ _0\"></span>0% <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>v\u00e9<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>fon<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>enov<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>ribu<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>do </span>ass<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>s\u00edg<span class=\"_ _0\"></span>nios<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>arb<span class=\"_ _0\"></span>oni<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pa\u00ed<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> Es<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sult<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>esse<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ialm<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e<span class=\"ls10\">, </span>do<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>coger<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m ve<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>tali<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> Adi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>alme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>\u00e9m<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cic<span class=\"_ _0\"></span>lo c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>bin<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>g\u00e1s <span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Se<span class=\"_ _0\"></span>t\u00fa<span class=\"_ _0\"></span>bal,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue j<span class=\"_ _0\"></span>\u00e1 s<span class=\"_ _0\"></span>e en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gim<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>vend<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>let<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>u n<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>urs<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span> tot<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>.  O d<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>p\u00ean<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>xo <span class=\"_ _0\"></span>em 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 <span class=\"_ _0\"></span>situ<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>-<span class=\"ff9\">se<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> \u20ac<span class=\"ff1\">1<span class=\"_ _0\"></span>12<span class=\"_ _0\"></span>.060<span class=\"_ _0\"></span>.3<span class=\"_ _0\"></span>06,<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ompa<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m </span></span>\u20ac<span class=\"ff1\">8<span class=\"_ _0\"></span>0.0<span class=\"_ _0\"></span>33<span class=\"_ _0\"></span>.573<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ior.<span class=\"_ _0\"></span> Es<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ui,<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>iori<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te,<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos </span>di<span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>nut<span class=\"_ _0\"></span>en\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odut<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>a, m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>niz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>pame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>lhor<span class=\"_ _3b\"></span>ia de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>fici<span class=\"_ _0\"></span>\u00eanc<span class=\"_ _0\"></span>ia.<span class=\"_ _0\"></span> Ce<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 3<span class=\"_ _0\"></span>5%<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span>l t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>riz<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>bie<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>al, <span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>de se<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>clue<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>jet<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>ntai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>boniz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>do n<span class=\"_ _0\"></span>ovo<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>mad<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>Fig<span class=\"_ _0\"></span>uei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> Fo<span class=\"_ _0\"></span>z, d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>a li<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>vap<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>Ave<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>o e <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ui\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ldei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> fue<span class=\"_ _0\"></span>l\u00f3l<span class=\"_ _0\"></span>eo<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> Se<span class=\"_ _0\"></span>t\u00fa<span class=\"_ _0\"></span>bal<span class=\"_ _0\"></span>. 2021<span class=\"ls0\"> </span>Pasta Mercado<span class=\"_ _1\"></span> Papel UWF Papel <span class=\"ff8\">T<span class=\"_ _1\"></span>issue</span> Energia Suporte Elimina\u00e7\u00f5es*<span class=\"_ _1\"></span> Total R\u00c9DITOS   <span class=\"ls0\">Vendas e presta\u00e7\u00f5es de servi\u00e7os - e<span class=\"_ _1\"></span>xternas </span>161<span class=\"ls0\">.241.425  </span>1.<span class=\"ls73\">153</span>.<span class=\"ls73\">642</span>.<span class=\"_ _1\"></span>635  145<span class=\"ls0\">.812.710  </span>135<span class=\"ls0\">.173.675  </span>-  -  1.<span class=\"ls73\">595</span>.<span class=\"ls73\">870</span>.<span class=\"_ _1\"></span>445    <span class=\"ls0\">Vendas e prest. de servi\u00e7os - i<span class=\"_ _1\"></span>ntersegmental </span>2.<span class=\"ls73\">428</span>.613 <span class=\"_ _1\"></span> -  -  36<span class=\"ls0\">.257.669  </span>-  (38.<span class=\"ls73\">686</span>.282) -    <span class=\"ls0\">R\u00e9ditos totais<span class=\"_ _1\"></span> </span>163.670.038  1.153.642.635  145.812.710  171.431.344  -  (38<span class=\"ls0\">.686.282)<span class=\"_ _1\"></span> </span>1.595.870.445  RESULTADOS   <span class=\"ls0\">Resultado operac<span class=\"_ _1\"></span>ional </span>40<span class=\"ls0\">.791.295 <span class=\"_ _1\"></span> </span>206.643.550  18<span class=\"ls0\">.996.161 <span class=\"_ _1\"></span> </span>8.312.210 (45<span class=\"ls0\">.169.17<span class=\"_ _1\"></span>5) </span>-  229.574.041    <span class=\"ls0\">Resultados financeiros <span class=\"_ _1\"></span> </span>-  -  -  -  (17.<span class=\"ls73\">777</span>.209)<span class=\"_ _1\"></span> -  (17.<span class=\"ls73\">777</span>.209)<span class=\"_ _1\"></span>   <span class=\"ls0\">Imposto sobre o rendimento<span class=\"_ _1\"></span> </span>-  -  -  -  (40.<span class=\"ls73\">378</span>.319)<span class=\"_ _1\"></span> -  (40.<span class=\"ls73\">378</span>.319)<span class=\"_ _1\"></span>   <span class=\"ls0\">Resultado l\u00edq<span class=\"_ _1\"></span>uido do per\u00edodo </span>171<span class=\"ls0\">.418.513  </span>  <span class=\"ls0\">Interesses que n\u00e3o controlam<span class=\"_ _1\"></span> </span>-  -  -  -  (7<span class=\"ls0\">.<span class=\"ls73\">058)</span> </span>-  (7<span class=\"ls0\">.<span class=\"ls73\">058)</span> </span>  <span class=\"ls0\">Resultado atrib<span class=\"_ _1\"></span>u\u00edvel aos detentores do capital<span class=\"_ _1\"></span> </span>-  -  -  -  -  -  171.411.455  OUTRAS INFORMA\u00c7\u00d5ES <span class=\"_ _1\"></span> Disp\u00eandio de capital fixo<span class=\"_ _1\"></span> 17<span class=\"ls0\">.547.329  </span>49<span class=\"ls0\">.476.764  </span>4.<span class=\"ls73\">574</span>.712 <span class=\"_ _1\"></span> 6.<span class=\"ls73\">547</span>.053 <span class=\"_ _1\"></span> 1.<span class=\"ls73\">887</span>.715 <span class=\"_ _1\"></span> -  80<span class=\"ls0\">.033.573  </span>Deprecia\u00e7\u00f5es (inclui im<span class=\"_ _1\"></span>paridades) (10.<span class=\"ls73\">819</span>.597) (74.<span class=\"ls73\">302</span>.895) (10.<span class=\"ls73\">114</span>.964) (25.<span class=\"ls73\">860</span>.263) (901.626) -  (121.999.345) Provis\u00f5es ((aumentos) / revers\u00e3o)<span class=\"_ _1\"></span> (12.<span class=\"ls73\">000)</span> (2<span class=\"ls0\">.<span class=\"ls73\">839</span>.925) </span>-  (36.<span class=\"ls73\">000)</span> (255.019) -  (3<span class=\"ls0\">.<span class=\"ls73\">142</span>.944) </span>OUTRAS INFORMA\u00c7\u00d5ES <span class=\"_ _1\"></span> ATIVOS DO SEGMENTO<span class=\"_ _1\"></span> Goodwill -  376<span class=\"ls0\">.756.383  </span>583<span class=\"ls0\">.083  </span>-  -  -  377<span class=\"ls0\">.339.466  </span>Ativos fixos tang\u00edveis<span class=\"_ _1\"></span> 133<span class=\"ls0\">.660.639  </span>630<span class=\"ls0\">.275.868  </span>150<span class=\"ls0\">.555.169  </span>226<span class=\"ls0\">.611.114  </span>4.<span class=\"ls73\">141</span>.717 <span class=\"_ _1\"></span> -  1.<span class=\"ls73\">145</span>.<span class=\"ls73\">244</span>.<span class=\"_ _1\"></span>507  Ativos sob direito de uso<span class=\"_ _1\"></span> 10<span class=\"ls0\">.318.973  </span>37<span class=\"ls0\">.985.826  </span>-  -  2.<span class=\"ls73\">888</span>.159 <span class=\"_ _1\"></span> -  51<span class=\"ls0\">.192.959  </span>Ativos biol\u00f3gicos<span class=\"_ _1\"></span> 36<span class=\"ls0\">.885.846  </span>110<span class=\"ls0\">.438.215  </span>-  -  -  -  147<span class=\"ls0\">.324.061  </span>Valores a receber n\u00e3o correntes<span class=\"_ _1\"></span> 74<span class=\"ls0\">.861  </span>530<span class=\"ls0\">.535  </span>91<span class=\"ls0\">.076  </span>-  7.<span class=\"ls73\">908</span>.076 <span class=\"_ _1\"></span> -  8.<span class=\"ls73\">604</span>.547 <span class=\"_ _1\"></span> Invent\u00e1rios 12<span class=\"ls0\">.607.349  </span>151<span class=\"ls0\">.206.224  </span>21<span class=\"ls0\">.445.680  </span>498<span class=\"ls0\">.296  </span>793<span class=\"ls0\">.109  </span>-  186<span class=\"ls0\">.550.658  </span>Clientes 27<span class=\"ls0\">.516.273  </span>144<span class=\"ls0\">.048.402  </span>31<span class=\"ls0\">.270.504  </span>791<span class=\"ls0\">.242  </span>7.<span class=\"ls73\">162</span>.662 <span class=\"_ _1\"></span> -  210<span class=\"ls0\">.789.083  </span>Outros valores a receber correntes<span class=\"_ _1\"></span> 3.<span class=\"ls73\">812</span>.894 <span class=\"_ _1\"></span> 23<span class=\"ls0\">.355.908  </span>3.<span class=\"ls73\">106</span>.937 <span class=\"_ _1\"></span> 2.<span class=\"ls73\">021</span>.281 <span class=\"_ _1\"></span> 74<span class=\"ls0\">.796.656  </span>-  107<span class=\"ls0\">.093.677  </span>Outros ativos 1.<span class=\"ls73\">053</span>.682 <span class=\"_ _1\"></span> 48<span class=\"ls0\">.859.236  </span>1.<span class=\"ls73\">347</span>.605 <span class=\"_ _1\"></span> 38<span class=\"ls0\">.500  </span>241<span class=\"ls0\">.873.570  </span>-  293<span class=\"ls0\">.172.593  </span>Ativos totais 225.930.518  1.523.456.596  208.400.055  229.960.433  339.563.949  -  2.527.311.551  Financiamentos obtidos<span class=\"_ _1\"></span> -  554<span class=\"ls0\">.367  </span>35<span class=\"ls0\">.647.751  </span>-  797<span class=\"ls0\">.741.932  </span>-  833<span class=\"ls0\">.944.049  </span>Passivos de loca\u00e7\u00e3o 10<span class=\"ls0\">.792.437  </span>39<span class=\"ls0\">.443.439  </span>-  -  3.<span class=\"ls73\">005</span>.049 <span class=\"_ _1\"></span> -  53<span class=\"ls0\">.240.925  </span>Outros valores a pagar correntes<span class=\"_ _1\"></span> 35<span class=\"ls0\">.865.521  </span>214<span class=\"ls0\">.109.691  </span>14<span class=\"ls0\">.194.351  </span>1.<span class=\"ls73\">942</span>.885 <span class=\"_ _1\"></span> 127<span class=\"ls0\">.049.446  </span>-  393<span class=\"ls0\">.161.894 </span>Outros passivos 12<span class=\"ls0\">.841.723  </span>103<span class=\"ls0\">.296.985  </span>12<span class=\"ls0\">.832.704  </span>9.<span class=\"ls73\">596</span>.076 <span class=\"_ _1\"></span> 63<span class=\"ls0\">.283.115  </span>-  201<span class=\"ls0\">.850.603  </span>Passivos totais 59<span class=\"ls0\">.499.681 <span class=\"_ _1\"></span> </span>357.404.481  62<span class=\"ls0\">.674.806 <span class=\"_ _1\"></span> </span>11<span class=\"ls0\">.538.961 <span class=\"_ _1\"></span> </span>991.079.541  -  1.482.197.471  * <span class=\"_ _0\"></span>Eli<span class=\"_ _0\"></span>mina\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Oper<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es I<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rse<span class=\"_ _0\"></span>gmen<span class=\"_ _0\"></span>to. <span class=\"_ _0\"></span>Os a<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da\u00e7\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>lac<span class=\"_ _0\"></span>iona<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m as t<span class=\"_ _0\"></span>ransa<span class=\"_ _3b\"></span>\u00e7\u00f5es <span class=\"_ _0\"></span>inters<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>menta<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>derad<span class=\"_ _0\"></span>os n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>cat<span class=\"_ _0\"></span>ivos<span class=\"_ _0\"></span>. <span class=\"_ _a4\"> </span> R\u00e9dito por segmento de neg\u00f3cio, por \u00e1reas geogr\u00e1ficas e por padr<span class=\"_ _0\"></span>\u00e3o de reconhecimento<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>Total Total Valores em Euros<span class=\"_ _1\"></span><span class=\"fs0\"> </span>Pasta Papel UWF Papel <span class=\"ff8\">Tissue<span class=\"_ _0\"></span><span class=\"ff3\"> </span></span>Energia Valor % Portugal 4.<span class=\"ls24\">043</span>.366  86<span class=\"ls0\">.</span>390<span class=\"ls0\">.348  </span>79<span class=\"ls0\">.</span>660<span class=\"ls0\">.327  </span>258<span class=\"ls0\">.</span>525<span class=\"ls0\">.621  </span>428<span class=\"ls0\">.</span>619<span class=\"ls0\">.662  </span>17,39% Resto da Europa<span class=\"_ _1\"></span> 162<span class=\"ls0\">.</span>456<span class=\"ls0\">.528  </span>1.<span class=\"ls24\">020</span>.<span class=\"ls24\">781</span>.574  114<span class=\"ls0\">.</span>092<span class=\"ls0\">.613  </span>-  1.<span class=\"ls24\">297</span>.<span class=\"ls24\">330</span>.715  52,64% Am\u00e9rica do Norte<span class=\"_ _1\"></span> -  228<span class=\"ls0\">.</span>451<span class=\"ls0\">.463  </span>-  -  228<span class=\"ls0\">.</span>451<span class=\"ls0\">.463  </span>9,27% Am\u00e9rica Latina<span class=\"_ _1\"></span> 2.<span class=\"ls24\">739</span>.729  80<span class=\"ls0\">.</span>547<span class=\"ls0\">.403  </span>427<span class=\"ls0\">.</span>816 <span class=\"ls0\"> </span>-  83<span class=\"ls0\">.</span>714<span class=\"ls0\">.948  </span>3,40% \u00c1frica 17<span class=\"ls0\">.</span>461<span class=\"ls0\">.936  </span>264<span class=\"ls0\">.</span>736<span class=\"ls0\">.272  </span>3.<span class=\"ls24\">365</span>.618  -  285<span class=\"ls0\">.</span>563<span class=\"ls0\">.826  </span>11,59% \u00c1sia 10<span class=\"ls0\">.</span>715<span class=\"ls0\">.215  </span>129<span class=\"ls0\">.</span>936<span class=\"ls0\">.639  </span>182<span class=\"ls0\">.</span>808 <span class=\"ls0\"> </span>-  140<span class=\"ls0\">.</span>834<span class=\"ls0\">.662  </span>5,71% Oce\u00e2nia -  109<span class=\"ls0\">.</span>415 <span class=\"ls0\"> </span>-  -  109<span class=\"ls0\">.</span>415 <span class=\"ls0\"> </span>0,00% 197<span class=\"ls0\">.416.7<span class=\"_ _1\"></span>74  </span>1.810.<span class=\"ls2b\">953<span class=\"_ _1\"></span></span>.114  197<span class=\"ls0\">.729.1<span class=\"_ _1\"></span>82  </span>258<span class=\"ls0\">.525.6<span class=\"_ _1\"></span>21  </span>2.464.<span class=\"ls2b\">624<span class=\"_ _1\"></span></span>.691  100,00%<span class=\"_ _1\"></span> Padr\u00e3o de reconhecimento Em determinado<span class=\"_ _1\"></span> momento do tem<span class=\"_ _1\"></span>po 197<span class=\"ls0\">.</span>416<span class=\"ls0\">.774  </span>1.<span class=\"ls24\">810</span>.<span class=\"ls24\">953</span>.114  197<span class=\"ls0\">.</span>729<span class=\"ls0\">.182  </span>258<span class=\"ls0\">.</span>525<span class=\"ls0\">.621  </span>2.<span class=\"ls24\">464</span>.<span class=\"ls24\">624</span>.691  100,00% Ao longo do te<span class=\"_ _1\"></span>mpo -  -  -  -  -  0,00% 2021<span class=\"ls0\"> </span>Total Total Valores em Euros<span class=\"_ _1\"></span><span class=\"fs0\"> </span>Pasta Papel UWF Papel <span class=\"ff8\">Tissue<span class=\"_ _0\"></span><span class=\"ff3\"> </span></span>Energia Valor % Portugal 2.<span class=\"ls24\">857</span>.768  61<span class=\"ls0\">.</span>336<span class=\"ls0\">.753  </span>55<span class=\"ls0\">.</span>941<span class=\"ls0\">.695  </span>135<span class=\"ls0\">.</span>173<span class=\"ls0\">.674  </span>255<span class=\"ls0\">.</span>309<span class=\"ls0\">.890  </span>16,00% Resto da Europa<span class=\"_ _1\"></span> 125<span class=\"ls0\">.</span>606<span class=\"ls0\">.144  </span>586<span class=\"ls0\">.</span>522<span class=\"ls0\">.363  </span>83<span class=\"ls0\">.</span>886<span class=\"ls0\">.052  </span>-  796<span class=\"ls0\">.</span>014<span class=\"ls0\">.559  </span>49,88% Am\u00e9rica do Norte<span class=\"_ _1\"></span> 1.<span class=\"ls24\">800</span>.302  128<span class=\"ls0\">.</span>791<span class=\"ls0\">.201  </span>231<span class=\"ls0\">.</span>616 <span class=\"ls0\"> </span>-  130<span class=\"ls0\">.</span>823<span class=\"ls0\">.119  </span>8,20% Am\u00e9rica Latina<span class=\"_ _1\"></span> -  69<span class=\"ls0\">.</span>778<span class=\"ls0\">.306  </span>2.<span class=\"ls24\">020</span>.481  -  71<span class=\"ls0\">.</span>798<span class=\"ls0\">.787  </span>4,50% \u00c1frica 13<span class=\"ls0\">.</span>336<span class=\"ls0\">.229  </span>193<span class=\"ls0\">.</span>679<span class=\"ls0\">.141  </span>3.<span class=\"ls24\">706</span>.845  -  210<span class=\"ls0\">.</span>722<span class=\"ls0\">.215  </span>13,20% \u00c1sia 17<span class=\"ls0\">.</span>640<span class=\"ls0\">.982  </span>111<span class=\"ls0\">.</span>852<span class=\"ls0\">.939  </span>26<span class=\"ls0\">.</span>022 <span class=\"ls0\"> </span>-  129<span class=\"ls0\">.</span>519<span class=\"ls0\">.943  </span>8,12% Oce\u00e2nia -  1.<span class=\"ls24\">681</span>.932  -  -  1.<span class=\"ls24\">681</span>.932  0,11% 161<span class=\"ls0\">.241.4<span class=\"_ _1\"></span>25  </span>1.153.<span class=\"ls2b\">642<span class=\"_ _1\"></span></span>.635  145<span class=\"ls0\">.812.7<span class=\"_ _1\"></span>11  </span>135<span class=\"ls0\">.173.6<span class=\"_ _1\"></span>74  </span>1.595.<span class=\"ls2b\">870<span class=\"_ _1\"></span></span>.445  100,00%<span class=\"_ _1\"></span> Padr\u00e3o de reconhecimento Em determinado<span class=\"_ _1\"></span> momento do tem<span class=\"_ _1\"></span>po 161<span class=\"ls0\">.</span>241<span class=\"ls0\">.425  </span>1.<span class=\"ls24\">153</span>.<span class=\"ls24\">642</span>.635  145<span class=\"ls0\">.</span>812<span class=\"ls0\">.711  </span>135<span class=\"ls0\">.</span>173<span class=\"ls0\">.674  </span>1.595.<span class=\"ls2b\">870<span class=\"_ _1\"></span></span>.445  100,00% Ao longo do tempo<span class=\"_ _1\"></span> -  -  -  -  -  0,00% 2.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Out<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span>s o<span class=\"_ _3b\"></span>perac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>is </span></span>No<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>find<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span>, a <span class=\"_ _0\"></span>rub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Ou<span class=\"_ _0\"></span>tros<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>imen<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mp\u00f5e<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Ganhos na aliena\u00e7\u00e3o<span class=\"_ _1\"></span> de ativos n\u00e3o<span class=\"_ _1\"></span> correntes<span class=\"_ _1\"></span> 370<span class=\"ls0\">.</span>613 <span class=\"ls0\"> </span>2.<span class=\"ls24\">785</span>.295  Subs\u00eddios - L<span class=\"_ _1\"></span>icen\u00e7as de emiss\u00e3o<span class=\"_ _1\"></span> CO2 (Nota 3.2) 37<span class=\"ls0\">.</span>338<span class=\"ls0\">.833  </span>14<span class=\"ls0\">.</span>915<span class=\"ls0\">.653  </span>Rendimentos sup<span class=\"_ _1\"></span>lementares<span class=\"_ _1\"></span> 1.<span class=\"ls24\">693</span>.664  1.<span class=\"ls24\">169</span>.398  Subs\u00eddios \u00e0 expl<span class=\"_ _1\"></span>ora\u00e7\u00e3o<span class=\"_ _1\"></span> 13<span class=\"ls0\">.</span>847<span class=\"ls0\">.828  </span>2.<span class=\"ls24\">703</span>.017  Revers\u00e3o de impar<span class=\"_ _1\"></span>idades em d<span class=\"_ _1\"></span>\u00edvidas a re<span class=\"_ _1\"></span>ceber (Nota 8.1.4)<span class=\"_ _1\"></span> 102<span class=\"ls0\">.</span>806 <span class=\"ls0\"> </span>77<span class=\"ls0\">.</span>603 <span class=\"ls0\"> </span>Revers\u00e3o de impar<span class=\"_ _1\"></span>idades em inve<span class=\"_ _1\"></span>nt\u00e1rios (Nota 4.1.4)<span class=\"_ _1\"></span> 813<span class=\"ls0\">.</span>732 <span class=\"ls0\"> </span>866<span class=\"ls0\">.</span>224 <span class=\"ls0\"> </span>Ganhos em ex<span class=\"_ _1\"></span>ist\u00eancias 2.<span class=\"ls24\">942</span>.650  1.<span class=\"ls24\">029</span>.340  Trabalhos para a pr<span class=\"_ _1\"></span>\u00f3pria empresa<span class=\"_ _1\"></span> 881<span class=\"ls0\">.</span>087 <span class=\"ls0\"> </span>824<span class=\"ls0\">.</span>120 <span class=\"ls0\"> </span>Indemniza\u00e7\u00f5es<span class=\"_ _1\"></span> 547<span class=\"ls0\">.</span>519 <span class=\"ls0\"> </span>418<span class=\"ls0\">.</span>549 <span class=\"ls0\"> </span>Outros rendimentos<span class=\"_ _1\"></span> operacionais<span class=\"_ _1\"></span> 12<span class=\"ls0\">.</span>619<span class=\"ls0\">.800  </span>6.<span class=\"ls24\">591</span>.035  71<span class=\"ls0\">.</span>158<span class=\"ls0\">.<span class=\"_ _1\"></span>532  </span>31<span class=\"ls0\">.</span>380<span class=\"_ _1\"></span><span class=\"ls0\">.233  </span>Distribui\u00e7\u00e3o do r\u00e9dito do Grupo por<span class=\"_ _0\"></span> \u00e1reas geogr\u00e1ficas<span class=\"_ _1\"></span> M\u20ac 141M\u20ac<span class=\"_\"> </span><span class=\"ff1 ls90\">130</span>M\u20ac<span class=\"_\"> </span><span class=\"ff1 ls90\">429</span>M\u20ac<span class=\"_\"> </span><span class=\"ff1 ls91\">255</span>M\u20ac 285M\u20ac<span class=\"_\"> </span><span class=\"ff1 ls90\">211</span>M\u20ac 84M\u20ac<span class=\"_\"> </span><span class=\"ff1 ls90\">72</span>20222021M\u20ac 228M\u20ac<span class=\"_\"> </span><span class=\"ff1 ls91\">131</span>M\u20ac<span class=\"_\"> </span><span class=\"ff1 ls0\">1.297</span>M\u20ac<span class=\"_\"> </span><span class=\"ff1 ls90\">796</span>Portugal<span class=\"_ _a5\"> </span>Resto da EuropaPortugal<span class=\"_ _a8\"> </span>Resto da EuropaAm\u00e9rica do Norte<span class=\"_ _a6\"> </span>Am\u00e9rica LatinaAm\u00e9rica do Norte<span class=\"_ _a9\"> </span>Am\u00e9rica Latina\u00c1frica<span class=\"_ _a7\"> </span>\u00c1sia\u00c1frica<span class=\"_ _aa\"> </span>\u00c1siaOceaniaOceaniaEm <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> 20<span class=\"ls16\">21</span>,<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>nhu<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ou i<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> 10%<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>r\u00e9di<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o. A r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Gan<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> ali<span class=\"_ _0\"></span>ena<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>tes <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>u\u00eda,<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Par<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> e b<span class=\"_ _0\"></span>iom<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Al<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>gari<span class=\"_ _0\"></span>a-<span class=\"_ _0\"></span>a-V<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ha,<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ncon<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>rou <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a mai<span class=\"_ _0\"></span>s-<span class=\"_ _0\"></span>vali<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> <span class=\"ff9 ls16\">\u20ac </span>2.4<span class=\"_ _0\"></span>58<span class=\"_ _0\"></span>.230<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>O re<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>\u00e0 v<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>err<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>edu<span class=\"_ _0\"></span>zid<span class=\"_ _0\"></span>a ap<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>\u00e3o si<span class=\"_ _0\"></span>lv\u00ed<span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>a. Os <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>lice<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> CO2 co<span class=\"_ _0\"></span>rre<span class=\"_ _3b\"></span>spond<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>hec<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> gr<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 44<span class=\"_ _0\"></span>4.<span class=\"_ _0\"></span>457<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>one<span class=\"_ _0\"></span>lad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>CO2, a<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>\u00e7o m<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>\u20ac84<span class=\"_ _0\"></span>,01<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>442<span class=\"ff1\">.7<span class=\"_ _0\"></span>32<span class=\"_ _0\"></span> </span>ton<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>CO2, a<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>\u00e7o m<span class=\"_ _0\"></span>\u00e9d<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> \u20ac<span class=\"ff1\">33<span class=\"_ _0\"></span>,6<span class=\"_ _0\"></span>9 e<span class=\"_ _0\"></span>m 3<span class=\"_ _0\"></span>1/1<span class=\"_ _0\"></span>2/2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1)<span class=\"_ _0\"></span> (No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>3.<span class=\"_ _0\"></span>2)<span class=\"_ _0\"></span>.  </span>Os <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bs\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00e0 ex<span class=\"_ _0\"></span>plo<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac</span>9<span class=\"_ _0\"></span>.95<span class=\"_ _0\"></span>1.<span class=\"_ _0\"></span>051 <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ivos<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>med<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> aux<span class=\"_ _0\"></span>\u00edli<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>fav<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> ins<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>la\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>angi<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e Co<span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Euro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>u d<span class=\"_ _0\"></span>e Lic<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e E<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>CELE<span class=\"_ _0\"></span>), n<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>De<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>to-<span class=\"_ _0\"></span>Lei<span class=\"_ _0\"></span> n\u00ba <span class=\"_ _0\"></span>12<span class=\"_ _0\"></span>/2<span class=\"_ _0\"></span>020<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>6 de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>bril<span class=\"_ _0\"></span><span class=\"ls10\">, <span class=\"ls0\">bem<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> </span></span>Ince<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>Pro<span class=\"_ _0\"></span>gra<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>Apo<span class=\"_ _0\"></span>iar<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>\u00e1s <span class=\"_ _0\"></span><span class=\"lsd\">de <span class=\"ff9 ls0\">\u20ac<span class=\"ff1\">2.<span class=\"_ _0\"></span>103<span class=\"_ _0\"></span>.437<span class=\"_ _0\"></span>. E<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ubr<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nclui<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>da,<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>s\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s </span></span></span>atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>\u00e2mb<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>roje<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ga\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>senvo<span class=\"_ _0\"></span>lvi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nsti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>to RAIZ<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>to IN<span class=\"_ _0\"></span>PAC<span class=\"_ _0\"></span>TU<span class=\"_ _0\"></span>S (<span class=\"_ _0\"></span>\u20ac71<span class=\"_ _0\"></span>2.<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span>6), <span class=\"_ _0\"></span>IdT<span class=\"_ _0\"></span>ecF<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>\u20ac609<span class=\"_ _0\"></span>.9<span class=\"_ _0\"></span>34<span class=\"_ _0\"></span>), R<span class=\"_ _0\"></span>epl<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span> (\u20ac<span class=\"_ _0\"></span>17<span class=\"_ _0\"></span>1.781<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> <span class=\"ff1\">BL<span class=\"_ _0\"></span>2F </span>(\u20ac57<span class=\"ff1 ls0\">.51<span class=\"_ _0\"></span>5),<span class=\"_ _0\"></span> <span class=\"ff9\">B2<span class=\"_ _0\"></span>Sol<span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span> (\u20ac<span class=\"_ _0\"></span>40.<span class=\"_ _0\"></span>057<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> Bi<span class=\"_ _0\"></span>o4P<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tug<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>(\u20ac45<span class=\"_ _0\"></span>.8<span class=\"_ _0\"></span>99)<span class=\"_ _0\"></span>, IN<span class=\"_ _0\"></span>OV <span class=\"_ _0\"></span>C+ <span class=\"_ _0\"></span>(\u20ac<span class=\"_ _0\"></span> 30<span class=\"_ _0\"></span>.6<span class=\"_ _0\"></span>94<span class=\"_ _0\"></span><span class=\"ff1\">) e<span class=\"_ _0\"></span> out<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s </span></span></span>(\u20ac<span class=\"_ _0\"></span>125<span class=\"_ _0\"></span>.2<span class=\"_ _0\"></span>44<span class=\"ff1\">)<span class=\"_ _0\"></span>. N<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2 f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"ff9\">re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s \u20ac<span class=\"_ _0\"></span>37<span class=\"_ _0\"></span>8.85<span class=\"_ _0\"></span>0 <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span><span class=\"ff1\"> ao<span class=\"_ _0\"></span> Pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>a AT<span class=\"_ _0\"></span>IVA<span class=\"_ _0\"></span>R d<span class=\"_ _0\"></span>o </span></span></span>IEFP<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fis<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>nal,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>st\u00e1<span class=\"_ _0\"></span>gio<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>rofi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nais<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> apo<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>efor<span class=\"_ _0\"></span>\u00e7ad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00e0 con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nded<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>smo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> cons<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ded<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>\u00e0 r<span class=\"_ _0\"></span>ubri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Cus<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Pes<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>al. A r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Out<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>imen<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>incl<span class=\"_ _0\"></span>ui <span class=\"_ _0\"></span>\u20ac1<span class=\"_ _0\"></span>0.99<span class=\"_ _0\"></span>7.<span class=\"_ _0\"></span>79<span class=\"_ _0\"></span>3 re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>erd\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>UWF<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span><span class=\"ff7\">Tis<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e<span class=\"ff1\">. </span></span>Sub<span class=\"_ _0\"></span>s\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> Li<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>O</span></span>2Os <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bs\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> a l<span class=\"_ _0\"></span>ice<span class=\"_ _0\"></span>n\u00e7as<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>emi<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e C<span class=\"_ _0\"></span>O2 (<span class=\"_ _0\"></span>Not<span class=\"_ _0\"></span>a 3.<span class=\"_ _0\"></span>2)<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>feri<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rma <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>stem<span class=\"_ _0\"></span>\u00e1ti<span class=\"_ _0\"></span>ca du<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s que<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>les<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ubs\u00ed<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>am com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ar. Pol\u00edticas Contabil\u00edsticas Subs\u00eddios do Gover<span class=\"_ _1\"></span>no Sub<span class=\"_ _0\"></span>s\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>plo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o Os <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bs\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gove<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>s\u00f3 s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ap\u00f3<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>tir <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o cum<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ir\u00e1<span class=\"_ _0\"></span> as <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>esm<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>\u00eddi<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>ebi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>Os <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>s\u00edd<span class=\"_ _0\"></span>ios \u00e0<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>plo<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>bid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>obj<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ompe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>rrid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>\u00e3o re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>m\u00e1t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aqu<span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>s\u00eddi<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>sam<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ar. Sub<span class=\"_ _0\"></span>s\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>bio<span class=\"_ _0\"></span>l\u00f3gi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s Os <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bs\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>biol<span class=\"_ _0\"></span>\u00f3gi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>Not<span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>.8)<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>riz<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>u j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r, con<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span> IAS <span class=\"_ _0\"></span>41<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ando<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ermo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>\u00eddi<span class=\"_ _0\"></span>o es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>os. Em <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> 20<span class=\"ls16\">21</span>,<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rne<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>vi\u00e7<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>xt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>esqu<span class=\"_ _0\"></span>isa<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tig<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>sce<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a \u20ac6<span class=\"_ _0\"></span>.03<span class=\"_ _0\"></span>7.<span class=\"_ _0\"></span>912<span class=\"_ _0\"></span><span class=\"ff1\"> <span class=\"ls12\">e </span><span class=\"ff9\">\u20ac4<span class=\"_ _0\"></span>.47<span class=\"_ _0\"></span>5.3<span class=\"_ _0\"></span>04<span class=\"_ _0\"></span><span class=\"ff1\">, re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vame<span class=\"_ _3b\"></span>nte. <span class=\"_ _0\"></span>O Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>v\u00ea </span></span></span>can<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>a S<span class=\"_ _0\"></span>IFID<span class=\"_ _0\"></span>E c<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac<span class=\"_ _0\"></span><span class=\"ff1\">13 <span class=\"_ _0\"></span>mil<span class=\"_ _0\"></span>h\u00f5e<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span><span class=\"ff9\">\u20ac<span class=\"ff1 ls93\">12<span class=\"_ _0\"></span><span class=\"ls10\">,3<span class=\"ls0\"> m<span class=\"_ _0\"></span>ilh<span class=\"_ _0\"></span>\u00f5es,<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1) r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>spesa<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> </span></span></span></span></span></span>Ao <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ngo<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2 <span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>iu-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>agra<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>stos<span class=\"_ _0\"></span>. <span class=\"lse\">Na</span> <span class=\"_ _0\"></span>Ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a, de<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>ca-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>aume<span class=\"_ _3b\"></span>nto d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pre<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>a el<span class=\"_ _0\"></span>\u00e9t<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>g\u00e1s<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>mbo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nsad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>a da<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>re\u00e7<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> tar<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ada.<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>og\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>senta<span class=\"_ _0\"></span>m u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>ega<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>va, <span class=\"_ _0\"></span>fru<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>angi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ntos lo<span class=\"_ _0\"></span>g\u00eds<span class=\"_ _0\"></span>tico<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sv<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sal <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nomi<span class=\"_ _0\"></span>a.<span class=\"_ _0\"></span> N\u00e3o<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>igat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>iu man<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ua a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>100<span class=\"_ _0\"></span>%,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>alqu<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>rne<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>. 2.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>is </span></span>Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Custo das mercador<span class=\"_ _1\"></span>ias vendid<span class=\"_ _1\"></span>as e mat\u00e9rias co<span class=\"_ _1\"></span>nsumidas (Not<span class=\"_ _1\"></span>a 4.1.2)<span class=\"_ _1\"></span> 968<span class=\"ls0\">.849.2<span class=\"_ _1\"></span>05 </span>629<span class=\"ls0\">.794.7<span class=\"_ _1\"></span>45 </span>Fornecimento<span class=\"_ _1\"></span>s e servi\u00e7os exte<span class=\"_ _1\"></span>rnos<span class=\"_ _1\"></span> Energia e flu\u00eddos<span class=\"_ _1\"></span> 216<span class=\"ls0\">.</span>276<span class=\"ls0\">.682 </span>134<span class=\"ls0\">.</span>874<span class=\"ls0\">.499 </span>Transporte de Mercad<span class=\"_ _1\"></span>orias 213<span class=\"ls0\">.</span>001<span class=\"ls0\">.707 </span>152<span class=\"ls0\">.</span>168<span class=\"ls0\">.311 </span>Trabalhos espec<span class=\"_ _1\"></span>ializados<span class=\"_ _1\"></span> 105<span class=\"ls0\">.</span>588<span class=\"ls0\">.546 </span>83<span class=\"ls0\">.</span>265<span class=\"ls0\">.324 </span>Conserva\u00e7\u00e3o e repara<span class=\"_ _1\"></span>\u00e7\u00e3o 36<span class=\"ls0\">.</span>058<span class=\"ls0\">.136 </span>29<span class=\"ls0\">.</span>676<span class=\"ls0\">.463 </span>Rendas e aluguere<span class=\"_ _1\"></span>s 7.<span class=\"ls24\">568</span>.844 8.<span class=\"ls24\">216</span>.430 Publicidade e pr<span class=\"_ _1\"></span>opaganda<span class=\"_ _1\"></span> 10<span class=\"ls0\">.</span>977<span class=\"ls0\">.857 </span>9.<span class=\"ls24\">754</span>.042 Seguros 8.<span class=\"ls24\">513</span>.884 7.<span class=\"ls24\">865</span>.892 Desloca\u00e7\u00f5es e estada<span class=\"_ _1\"></span>s 4.<span class=\"ls24\">249</span>.314 2.<span class=\"ls24\">624</span>.556 Honor\u00e1rios 4.<span class=\"ls24\">410</span>.417 5.<span class=\"ls24\">008</span>.210 Subcontratos<span class=\"_ _1\"></span> 2.<span class=\"ls24\">331</span>.111 2.<span class=\"ls24\">086</span>.188 Materiais 4.<span class=\"ls24\">426</span>.180 2.<span class=\"ls24\">737</span>.852 Comunica\u00e7\u00f5es<span class=\"_ _1\"></span> 1.<span class=\"ls24\">276</span>.693 1.<span class=\"ls24\">469</span>.281 Outros 11<span class=\"ls0\">.</span>479<span class=\"ls0\">.362 </span>9.<span class=\"ls24\">655</span>.313 626<span class=\"ls0\">.</span>158<span class=\"ls0\">.733 </span>449<span class=\"ls0\">.</span>402<span class=\"ls0\">.361 </span>Varia\u00e7\u00e3o da pro<span class=\"_ _1\"></span>du\u00e7\u00e3o (Nota 4.<span class=\"_ _1\"></span>1.3)<span class=\"_ _1\"></span> (80.484.007)<span class=\"_ _1\"></span> (1<span class=\"ls0\">.612.980) </span>Gastos com o pe<span class=\"_ _1\"></span>ssoal (Nota 7.<span class=\"_ _1\"></span>1) 186<span class=\"ls0\">.239.2<span class=\"_ _1\"></span>35 </span>155<span class=\"ls0\">.015.7<span class=\"_ _1\"></span>95 </span>Outros <span class=\"ws12\">gastos e <span class=\"ws13\">perdas </span>operacionais </span>Gastos com emiss\u00f5es de CO2 44<span class=\"ls0\">.</span>071<span class=\"ls0\">.034 </span>24<span class=\"ls0\">.</span>788<span class=\"ls0\">.284 </span>Imparidades em <span class=\"ws14\"> </span>dividas <span class=\"ws15\">a </span>receber 3.<span class=\"ls24\">323</span>.063 408<span class=\"ls0\">.</span>238 Imparidades em invent\u00e1rios <span class=\"_ _1\"></span>(Nota 4.1.4) 13<span class=\"ls0\">.</span>241<span class=\"ls0\">.209 </span>2.<span class=\"ls24\">643</span>.558 Outras perdas em invent\u00e1rios 4.<span class=\"ls24\">986</span>.967 1.<span class=\"ls24\">555</span>.909 Impostos indiretos e taxas 3.<span class=\"ls24\">091</span>.167 1.<span class=\"ls24\">663</span>.855 Taxa recursos hidricos 1.<span class=\"ls24\">439</span>.298 1.<span class=\"ls24\">689</span>.769 Outros gastos operacionais 3.<span class=\"ls24\">684</span>.354 5.<span class=\"ls24\">924</span>.423 73<span class=\"ls0\">.</span>837<span class=\"ls0\">.<span class=\"_ _1\"></span>092 </span>38<span class=\"ls0\">.</span>674<span class=\"_ _1\"></span><span class=\"ls0\">.036 </span>Provis\u00f5es l\u00edquida<span class=\"_ _1\"></span>s (Nota 10.1)<span class=\"_ _1\"></span> 1.621.<span class=\"ls2b\">447 </span>3.142.<span class=\"ls2b\">944 </span>Total dos Ga<span class=\"_ _1\"></span>stos e perdas ope<span class=\"_ _1\"></span>racionais<span class=\"_ _1\"></span> 1.774.<span class=\"ls2b\">600<span class=\"_ _1\"></span></span>.258 1.271.<span class=\"ls2b\">273<span class=\"_ _1\"></span></span>.957 in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tig<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>lvi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>(as<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nclu<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>amb\u00e9m<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m pe<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>oal<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>eg\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s).<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span>\u00e1 a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac4<span class=\"_ _0\"></span>,9 m<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>h\u00f5e<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1:<span class=\"_ _0\"></span> \u20ac4<span class=\"_ _0\"></span>,7 <span class=\"_ _0\"></span>mil<span class=\"_ _0\"></span>h\u00f5e<span class=\"_ _0\"></span>s).<span class=\"ff1\"> </span></span>Honor\u00e1rios faturados por servi\u00e7os de revis\u00e3o legal de con<span class=\"_ _0\"></span>tas <span class=\"_ _1\"></span>e auditoria<span class=\"fc5\"> </span>Valores em Euros<span class=\"_ _1\"></span> KPMG &amp; Associa<span class=\"_ _0\"></span>dos SROC Outras sociedad<span class=\"_ _0\"></span>es da rede Sociedade T<span class=\"_ _1\"></span>he Navigator Comp<span class=\"_ _1\"></span>any, S.A.<span class=\"_ _1\"></span> Servi\u00e7os de rev<span class=\"_ _1\"></span>is\u00e3o legal de conta<span class=\"_ _1\"></span>s e auditoria<span class=\"_ _1\"></span> 130<span class=\"ls0\">.</span>762 <span class=\"ls0\"> </span>-  Outros servi\u00e7os de<span class=\"_ _1\"></span> garantia de f<span class=\"_ _1\"></span>iabilidade<span class=\"_ _1\"></span> 53<span class=\"ls0\">.</span>500 <span class=\"ls0\"> </span>-  Outros servi\u00e7os <span class=\"_ _1\"></span> 114<span class=\"ls0\">.</span>250 <span class=\"ls0\"> </span>-  298<span class=\"ls0\">.512 <span class=\"_ _1\"></span> </span>-  A entidades que in<span class=\"_ _1\"></span>tegrem o Gr<span class=\"_ _1\"></span>upo Navigator<span class=\"_ _1\"></span> Servi\u00e7os de rev<span class=\"_ _1\"></span>is\u00e3o legal de conta<span class=\"_ _1\"></span>s e auditoria<span class=\"_ _1\"></span> 368<span class=\"ls0\">.</span>463 <span class=\"ls0\"> </span>44<span class=\"ls0\">.</span>593 <span class=\"ls0\"> </span>Outros servi\u00e7os de<span class=\"_ _1\"></span> garantia de f<span class=\"_ _1\"></span>iabilidade<span class=\"_ _1\"></span> 94<span class=\"ls0\">.</span>500 <span class=\"ls0\"> </span>-  Outros servi\u00e7os <span class=\"_ _1\"></span> 1.<span class=\"ls24\">500 </span> -  464<span class=\"ls0\">.463 <span class=\"_ _1\"></span> </span>44<span class=\"ls0\">.</span>593 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>762<span class=\"ls0\">.975 <span class=\"_ _1\"></span> </span>44<span class=\"ls0\">.</span>593 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>Em <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span>rvi<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>tinto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>erv<span class=\"_ _0\"></span>i\u00e7os<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e au<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>fatu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>Soc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>a en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>enh<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>om\u00ed<span class=\"_ _0\"></span>nio <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Audi<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> Ex<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>viso<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Ofi<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e Con<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lui<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntra<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>32,6<span class=\"_ _0\"></span>% (<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>21:<span class=\"_ _0\"></span> 41<span class=\"_ _0\"></span>%)<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>tot<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>erv<span class=\"_ _0\"></span>i\u00e7o<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>. 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Gastos do Honor\u00e1rios Gastos do Honor\u00e1rios per\u00edodo faturados per\u00edodo faturados Valores em Euros<span class=\"_ _1\"></span> KPMG (SROC) e<span class=\"_ _1\"></span> outras entidad<span class=\"_ _1\"></span>es pe<span class=\"_ _1\"></span>rtencentes \u00e0 mes<span class=\"_ _1\"></span>ma rede<span class=\"_ _1\"></span> Servi\u00e7os de rev<span class=\"_ _1\"></span>is\u00e3o legal de conta<span class=\"_ _1\"></span>s e auditoria<span class=\"_ _1\"></span> 368<span class=\"ls0\">.</span>104 <span class=\"ls0\"> </span>543<span class=\"ls0\">.</span>818 <span class=\"ls0\"> </span>367<span class=\"ls0\">.</span>450 <span class=\"ls0\"> </span>229<span class=\"ls0\">.</span>716 <span class=\"ls0\"> </span>Outros servi\u00e7os de<span class=\"_ _1\"></span> garantia de f<span class=\"_ _1\"></span>iabilidade<span class=\"_ _1\"></span> 97<span class=\"ls0\">.</span>878 <span class=\"ls0\"> </span>148<span class=\"ls0\">.</span>000 <span class=\"ls0\"> </span>87<span class=\"ls0\">.</span>875 <span class=\"ls0\"> </span>87<span class=\"ls0\">.</span>875 <span class=\"ls0\"> </span>Outros servi\u00e7os <span class=\"_ _1\"></span> 129<span class=\"ls0\">.</span>748 <span class=\"ls0\"> </span>115<span class=\"ls0\">.</span>750 <span class=\"ls0\"> </span>74<span class=\"ls0\">.</span>250 <span class=\"ls0\"> </span>74<span class=\"ls0\">.</span>250 <span class=\"ls0\"> </span>595<span class=\"ls0\">.730 <span class=\"_ _1\"></span> </span>807<span class=\"ls0\">.568 <span class=\"_ _1\"></span> </span>529<span class=\"ls0\">.575 <span class=\"_ _1\"></span> </span>391<span class=\"ls0\">.841 <span class=\"_ _1\"></span> </span>14Os <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>miss<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>CO2 co<span class=\"_ _0\"></span>rre<span class=\"_ _3b\"></span>spond<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>emi<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 5<span class=\"_ _0\"></span>74<span class=\"_ _0\"></span>.75<span class=\"_ _0\"></span>0 t<span class=\"_ _0\"></span>one<span class=\"_ _0\"></span>lad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span><span class=\"ls1a\">CO</span>2(3<span class=\"_ _0\"></span>1 de<span class=\"_ _3b\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span><span class=\"lsd\">: <span class=\"ls0\">561<span class=\"_ _0\"></span>.61<span class=\"_ _0\"></span>3 t<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>adas<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>van<span class=\"_ _0\"></span>do-<span class=\"_ _0\"></span>se,<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>is,<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>9,<span class=\"_ _0\"></span>8% d<span class=\"_ _0\"></span>as </span></span>em<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> CO2 fa<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>0, <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a Sc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span> Bas<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> Tar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> Ini<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve (<span class=\"_ _0\"></span>57<span class=\"_ _0\"></span>4.7<span class=\"_ _0\"></span>50<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>nel<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>71<span class=\"_ _0\"></span>7.1<span class=\"_ _0\"></span>21 <span class=\"_ _0\"></span>ton<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>O2 <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>0)<span class=\"_ _0\"></span>. <span class=\"ls40\">O </span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>c\u00edci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>iam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te, <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>cot<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>cen\u00e7<span class=\"_ _0\"></span>as. O a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>mpar<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nt\u00e1<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nclu<span class=\"_ _0\"></span>i aj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> <span class=\"ff7\">s<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ck<span class=\"ff1\"> <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pape<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>UWF<span class=\"_ _0\"></span> </span></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>pel <span class=\"_ _0\"></span><span class=\"ff7\">ti<span class=\"_ _0\"></span>ssue<span class=\"_ _0\"></span><span class=\"ff9\">, <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>\u20ac7<span class=\"_ _0\"></span>.93<span class=\"_ _0\"></span>1.3<span class=\"_ _0\"></span>09<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>u\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>ca<span class=\"ff1\">\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ite<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m me<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>r </span></span></span>ro<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>venda<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rfo<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ndas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>x de<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span> Adi<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>eran<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rsp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>fut<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> \u00fate<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>equi<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ndu<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span><span class=\"ls30\">o <span class=\"ls0\">Grup<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>u as<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>e\u00e7as<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>erva </span></span>ne<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>s\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ua\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s eq<span class=\"_ _0\"></span>uip<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>uma <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xc<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>\u00e7a<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>rv<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span><span class=\"ff7\">stoc<span class=\"_ _0\"></span>k<span class=\"ff1\">, <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac<span class=\"_ _0\"></span>5.30<span class=\"_ _0\"></span>9.<span class=\"_ _0\"></span>90<span class=\"_ _0\"></span>0.<span class=\"ff1\"> </span></span></span></span>Os <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>rvi<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u201cOutr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>erv<span class=\"_ _0\"></span>i\u00e7os<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>fia<span class=\"_ _0\"></span>bilid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e\u201d <span class=\"_ _0\"></span>diz<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spei<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>a em<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>\u00f3ri<span class=\"_ _0\"></span>os s<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>inf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a,<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>lui<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>fica<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nfo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o pa<span class=\"_ _0\"></span>ra ef<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>can<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>ao<span class=\"_ _0\"></span> Pl<span class=\"_ _0\"></span>ano <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>cup<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>sili<span class=\"_ _0\"></span>\u00eanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>vi\u00e7<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da Info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Sus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>rev<span class=\"_ _0\"></span>is\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> lim<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>elat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a in<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a\u00e7\u00e3o fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>ar. <span class=\"_ _0\"></span>Os<span class=\"_ _0\"></span> Ou<span class=\"_ _0\"></span>tros<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>vi\u00e7<span class=\"_ _0\"></span>os r<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>m-s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m tr<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>alh<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"ff7\">D<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>Di<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce<span class=\"ff1\"> <span class=\"ls96\">de </span></span></span>de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span>. O C<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Ad<span class=\"_ _0\"></span>mini<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>ufi<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>ntes <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>alv<span class=\"_ _0\"></span>agu<span class=\"_ _0\"></span>ard<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>\u00eanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> atr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>an\u00e1<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>sel<span class=\"_ _0\"></span>ho <span class=\"_ _0\"></span>Fis<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>os t<span class=\"_ _0\"></span>rab<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>osto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e da<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ua d<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ata\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> 3.1.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Goo<span class=\"_ _0\"></span>dwi<span class=\"_ _0\"></span>ll </span></span>Goodwill <span class=\"ffa\">\u2013</span> va<span class=\"_ _1\"></span>lor l\u00edquido O G<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>dwi<span class=\"_ _0\"></span>ll <span class=\"_ _0\"></span>\u00e9 a<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bu\u00ed<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> unid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>flux<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a (<span class=\"_ _0\"></span>UGC<span class=\"_ _0\"></span>s) d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo,<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onfo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 UGC de produ\u00e7\u00e3<span class=\"_ _1\"></span>o de papel UW<span class=\"_ _1\"></span>F no site da Figue<span class=\"_ _1\"></span>ira da Foz <span class=\"_ _1\"></span> 376<span class=\"ls0\">.</span>756<span class=\"ls0\">.383  </span>376<span class=\"ls0\">.</span>756<span class=\"ls0\">.383  </span>(goodwill resultante<span class=\"_ _1\"></span> da aqu<span class=\"_ _1\"></span>isi\u00e7\u00e3o da Navigat<span class=\"_ _1\"></span>or Brands, S.A.)<span class=\"_ _1\"></span> UGC de produ\u00e7\u00e3<span class=\"_ _1\"></span>o de papel <span class=\"ff7\">Tissue<span class=\"_ _1\"></span></span> em V<span class=\"_ _1\"></span>ila Velha de R\u00f3d\u00e3o <span class=\"_ _1\"></span> 583<span class=\"ls0\">.</span>083 <span class=\"ls0\"> </span>583<span class=\"ls0\">.</span>083 <span class=\"ls0\"> </span>(goodwill resultante<span class=\"_ _1\"></span> da aqu<span class=\"_ _1\"></span>isi\u00e7\u00e3o da Navigat<span class=\"_ _1\"></span>or Tissue R\u00f3d\u00e3o, S.A<span class=\"_ _1\"></span>.)<span class=\"_ _1\"></span> 377<span class=\"ls0\">.339.4<span class=\"_ _1\"></span>66  </span>377<span class=\"ls0\">.339.4<span class=\"_ _1\"></span>66  </span>Navigator Brands, S.A. / Navigator Paper Figu<span class=\"_ _0\"></span>eira, S.A.<span class=\"_ _1\"></span> Na <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>aqu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 10<span class=\"_ _0\"></span>0% <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pit<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> So<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>rce<span class=\"_ _0\"></span>l <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> So<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>ues<span class=\"_ _0\"></span>a </span></span>de<span class=\"_ _0\"></span> Pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A. <span class=\"_ _0\"></span>(a<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>lme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>den<span class=\"_ _0\"></span><span class=\"ff9\">omi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Br<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ds, <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac<span class=\"_ _0\"></span>1.<span class=\"_ _0\"></span>154.8<span class=\"_ _0\"></span>42<span class=\"_ _0\"></span>.<span class=\"ff1\">00<span class=\"_ _0\"></span>0,<span class=\"_ _0\"></span> </span></span>foi<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>pur<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o um<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>ood<span class=\"_ _0\"></span>wil<span class=\"_ _0\"></span>l<span class=\"ff7\"> <span class=\"ff9\">d<span class=\"_ _0\"></span>e \u20ac<span class=\"_ _0\"></span>428<span class=\"_ _0\"></span>.1<span class=\"_ _0\"></span>32<span class=\"_ _0\"></span>.<span class=\"ff1\">254<span class=\"_ _0\"></span>.  </span></span></span>Par<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Goo<span class=\"_ _0\"></span>dw<span class=\"_ _0\"></span>ill,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a-s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aloc<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o \u00e0<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ora <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>xa<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>odu\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mple<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>bril<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a F<span class=\"_ _0\"></span>igue<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a F<span class=\"_ _0\"></span>oz<span class=\"_ _0\"></span>. Est<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Goo<span class=\"_ _0\"></span>dwil<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span><span class=\"ff7\"> <span class=\"ff1\">apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>co d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span><span class=\"ff9\">\u20ac37<span class=\"_ _0\"></span>6.7<span class=\"_ _0\"></span>56.<span class=\"_ _0\"></span><span class=\"ff1\">38<span class=\"_ _0\"></span>3 po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>obj<span class=\"_ _0\"></span>eto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> </span></span></span></span>amo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>anu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>31 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>03 <span class=\"_ _0\"></span>(da<span class=\"_ _0\"></span>ta d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ansi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> IFR<span class=\"_ _0\"></span>S: <span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>anei<span class=\"_ _0\"></span>ro de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>04)<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>tend<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>mor<span class=\"_ _0\"></span>tiz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>art<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>ujo<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cum<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>asc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dia <span class=\"_ _0\"></span>a \u20ac5<span class=\"_ _0\"></span>1.3<span class=\"_ _0\"></span>75<span class=\"_ _0\"></span>.<span class=\"ff1\">871<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sado<span class=\"_ _0\"></span>. D<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os t<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>nar<span class=\"_ _0\"></span> eve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s </span>pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de.<span class=\"_ _0\"></span> Cas<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> ti<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>do i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rro<span class=\"_ _0\"></span>mpi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> l\u00ed<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>\u00edsti<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Go<span class=\"_ _0\"></span>odw<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span><span class=\"ff7\"> <span class=\"ff1\">em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 <span class=\"_ _0\"></span>seri<span class=\"_ _0\"></span>a <span class=\"ff9\">d<span class=\"_ _0\"></span>e \u20ac<span class=\"_ _0\"></span>51.<span class=\"_ _0\"></span>375<span class=\"_ _0\"></span>.85<span class=\"_ _0\"></span>7<span class=\"ff1\"> (<span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o </span></span></span></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span><span class=\"ls93\">21<span class=\"lsd\">: <span class=\"ff9 ls0\">\u20ac<span class=\"_ _0\"></span>68.5<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>.1<span class=\"_ _0\"></span>49<span class=\"ff1 lsd\">).<span class=\"ls0\"> </span></span></span></span></span>Navigator Tissue<span class=\"ff8\"> </span>R\u00f3d\u00e3o, S.A. Em <span class=\"_ _0\"></span>6 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fev<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>015<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>oram<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onc<span class=\"_ _0\"></span>lu\u00ed<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s os<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>uisi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a A<span class=\"_ _0\"></span>MS-<span class=\"_ _0\"></span>BR<span class=\"_ _0\"></span> St<span class=\"_ _0\"></span>ar P<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>r,<span class=\"_ _0\"></span> S.A.<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te i<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>rpor<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a h<span class=\"_ _0\"></span>oj<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eno<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Tis<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e R<span class=\"_ _0\"></span>\u00f3d\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>S.A<span class=\"_ _0\"></span>.),<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>auto<span class=\"_ _0\"></span>riz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>nic<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m 1<span class=\"_ _0\"></span>7 de<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>ril<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 2015.<span class=\"ls0\"> </span>A d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>n<span class=\"ff9\">ic<span class=\"_ _0\"></span>ial <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>aqu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>\u00e7\u00e3o,<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u20ac21<span class=\"_ _0\"></span>.33<span class=\"_ _0\"></span>7.<span class=\"ff1\">9<span class=\"_ _0\"></span>16<span class=\"_ _0\"></span>, fo<span class=\"_ _0\"></span>i d<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>\u00eddi<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ao </span></span>in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>AICEP<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fixo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>tang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>os, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o sid<span class=\"_ _0\"></span>o apu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> go<span class=\"_ _0\"></span>odw<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span> <span class=\"lsd\">de </span><span class=\"ff9\">\u20ac</span>583<span class=\"_ _0\"></span>.<span class=\"ls16\">083</span>. An\u00e1lise da recupe<span class=\"_ _1\"></span>rabilidade do <span class=\"_ _1\"></span>Good<span class=\"_ _1\"></span>will O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oced<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m ca<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>c\u00e1l<span class=\"_ _0\"></span>cul<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>cup<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a ne<span class=\"_ _0\"></span>g\u00f3<span class=\"_ _0\"></span>cio<span class=\"ls10\">, </span>atr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _3b\"></span>s da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>uso<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m o <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> flu<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>xa de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>Os<span class=\"_ _0\"></span> c\u00e1l<span class=\"_ _0\"></span>culo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>base<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>m-<span class=\"_ _0\"></span>se n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>enh<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>hist\u00f3<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> e n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>vim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>\u00f3ci<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a at<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rut<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>tiliz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> or<span class=\"_ _0\"></span>\u00e7am<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> o a<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>imat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> flu<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>aix<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>o su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>eque<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e 4<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>os<span class=\"ls10\">. </span>Em <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> c\u00e1l<span class=\"_ _0\"></span>cul<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> at\u00e9<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>\u00e3o f<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span> id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ualq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>Go<span class=\"_ _0\"></span>odw<span class=\"_ _0\"></span>ill<span class=\"ff7\">.</span> Os <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>upos<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e c\u00e1<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ulo <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es: Pressupostos na base do plano de neg\u00f3cios 2022  2021  Pressupostos (CAGR 2023-20<span class=\"_ _0\"></span>27) (CAGR 2022-<span class=\"_ _0\"></span>2026) Vendas em quan<span class=\"_ _1\"></span>tidade (kt)<span class=\"_ _1\"></span> Refer\u00eancia<span class=\"_ _1\"></span> Papel UWF<span class=\"_ _1\"></span> Papel UWF<span class=\"_ _1\"></span> CAGR Vendas em<span class=\"_ _1\"></span> quantidade (kt)<span class=\"_ _1\"></span> (0,1%) 0,7% Refer\u00eancia<span class=\"_ _1\"></span> Papel <span class=\"ff7\">Tissue<span class=\"_ _1\"></span></span> Papel <span class=\"ff7\">Tissue<span class=\"_ _1\"></span></span> CAGR Vendas em<span class=\"_ _1\"></span> quantidade (kt)<span class=\"_ _1\"></span> 0,3% 0,4% Pre\u00e7o M\u00e9dio<span class=\"_ _1\"></span> de Venda ML/t<span class=\"_ _1\"></span> Refer\u00eancia<span class=\"_ _1\"></span> Papel UWF<span class=\"_ _1\"></span> Papel UWF<span class=\"_ _1\"></span> CAGR Pre\u00e7o M\u00e9di<span class=\"_ _1\"></span>o de Venda ML/t<span class=\"_ _1\"></span> (1,8%) (1,2%) Refer\u00eancia<span class=\"_ _1\"></span> Papel <span class=\"ff7\">Tissue<span class=\"_ _1\"></span></span> Papel <span class=\"ff7\">Tissue<span class=\"_ _1\"></span></span> CAGR Pre\u00e7o M\u00e9di<span class=\"_ _1\"></span>o de Venda ML/t<span class=\"_ _1\"></span> (2,1%) 0,0% Taxa de cre<span class=\"_ _1\"></span>scimento na perpet<span class=\"_ _1\"></span>uida<span class=\"_ _1\"></span>d<span class=\"ls7c\">e </span>- Papel UWF (1,0%) (1,0%) Taxa de cre<span class=\"_ _1\"></span>scimento na perpet<span class=\"_ _1\"></span>uida<span class=\"_ _1\"></span>d<span class=\"ls7c\">e </span>- Papel <span class=\"_ _1\"></span><span class=\"ff8\">Tissue</span> 2,03% 1,56% Pr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>osto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>mac<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>econ<span class=\"_ _0\"></span>\u00f3mic<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>upos<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>n\u00edve<span class=\"_ _0\"></span>l m<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>roe<span class=\"_ _0\"></span>con\u00f3<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e cr<span class=\"_ _0\"></span>esci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o P<span class=\"_ _0\"></span>IB e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nfl<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m P<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tug<span class=\"_ _0\"></span>al.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>s\u00e3<span class=\"_ _0\"></span>o o <span class=\"_ _0\"></span>FMI <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o B<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e Por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span>.  Ano 2022<span class=\"_ _1\"></span> Pressupostos Ma<span class=\"_ _1\"></span>croecon\u00f3micos<span class=\"_ _1\"></span> 2023 2024 2025 2026 Taxa de crescimento<span class=\"_ _1\"></span> real do PIB<span class=\"_ _1\"></span> 0,65% 2,40% 2,15% 1,90% Infla\u00e7\u00e3o EUR<span class=\"_ _1\"></span> 4,67% 2,55% 2,30% 2,06% Ano 2021<span class=\"_ _1\"></span> Pressupostos Ma<span class=\"_ _1\"></span>croecon\u00f3micos<span class=\"_ _1\"></span> 2022 2023 2024 2025 Taxa de crescimento<span class=\"_ _1\"></span> real do PIB<span class=\"_ _1\"></span> 5,60% 2,40% 2,30% 1,80% Infla\u00e7\u00e3o EUR<span class=\"_ _1\"></span> 0,90% 1,00% 1,40% 1,47% A t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>tui<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>efl<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>Ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>o l<span class=\"_ _0\"></span>ong<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>praz<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a as<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes <span class=\"_ _0\"></span>UG<span class=\"_ _0\"></span>Cs, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>post<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>oeco<span class=\"_ _0\"></span>n\u00f3m<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>os. Pr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>osto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span> Tx  Taxa de  Tx  Taxa de Cresci/\u00ba Juro  Taxa Cresci/\u00ba Juro sem  Taxa na perp.  Taxa de sem WACC na perp.  Taxa de Pressupostos <span class=\"_ _1\"></span>Financeiros risco* WACC EUR EUR Imposto risco* EUR EUR Imposto Papel UWF Per\u00edodo de Planea<span class=\"_ _1\"></span>mento explicit<span class=\"_ _1\"></span>o 2,94% 6,76% 0,00% 27,50% 0,30% 4,46% 0,00% 27,50% Perpetuidade 2,94% 6,76% (1,0%) 27,50% 2,31% 6,34% (1,0%) 27,50% *<span class=\"_ _40\"> </span>Inclu<span class=\"_ _0\"></span>i o <span class=\"_ _0\"></span>Coun<span class=\"_ _0\"></span>try<span class=\"_ _0\"></span> Ri<span class=\"_ _0\"></span>sk <span class=\"_ _0\"></span>Pre<span class=\"_ _0\"></span>miumEstimativas e julgamentos Recuperabilidade do Goodwill O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> tes<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>anu<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> a i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Good<span class=\"_ _0\"></span>wil<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>a D<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a po<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span>Par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>itos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>test<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> \u00e0s <span class=\"_ _0\"></span>UGC<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>cupe<span class=\"_ _0\"></span>r\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>i de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>no v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>uso<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>rdo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>o m\u00e9<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>luxo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>xa de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>O <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>r\u00e1ve<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>GC <span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>iva <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>\u00e7os<span class=\"_ _0\"></span> m\u00e9<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> var<span class=\"_ _0\"></span>i\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue n<span class=\"_ _0\"></span>os pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>am d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pre<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>n\u00f3m<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>para<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> e me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>era, <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>is\u00f5<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>\u00fas<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>a, i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>uin<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>era\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>apac<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>alad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>acio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>proj<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>s da<span class=\"_ _0\"></span> Ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>form<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>his<span class=\"_ _0\"></span>t\u00f3r<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span>Ess<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>c\u00e1l<span class=\"_ _0\"></span>culo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>xig<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> us<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as. O<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> cl<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>\u00e1tic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>foi<span class=\"_ _0\"></span> ig<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsid<span class=\"_ _0\"></span>erad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>flu<span class=\"_ _0\"></span>xos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>eito<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>ej<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>al. <span class=\"_ _0\"></span>Os<span class=\"_ _0\"></span> ris<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>uni<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>soci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span>s alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>cli<span class=\"_ _0\"></span>m\u00e1t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as i<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ficad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>ecom<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>TCFD<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ram-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>vul<span class=\"_ _0\"></span>gad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> ane<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat\u00f3<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ges<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span>.  An\u00e1<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tual<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>grav<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 0<span class=\"_ _0\"></span>,5<span class=\"_ _0\"></span>% n<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>onto<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>a no <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Go<span class=\"_ _0\"></span>odw<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>unid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>erad<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>Pap<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>inte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>guei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Fo<span class=\"_ _0\"></span>z,<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pl<span class=\"ff9\">ic<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>um d<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>aval<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac2<span class=\"_ _0\"></span>69<span class=\"_ _0\"></span>.08<span class=\"_ _0\"></span>1.4<span class=\"_ _0\"></span>88<span class=\"_ _0\"></span> (3<span class=\"_ _0\"></span>1 de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de </span>20<span class=\"_ _0\"></span>21:<span class=\"_ _0\"></span> \u20ac1<span class=\"_ _0\"></span>38<span class=\"_ _0\"></span>.398<span class=\"_ _0\"></span>.5<span class=\"_ _0\"></span>65<span class=\"_ _0\"></span>), <span class=\"_ _0\"></span>aind<span class=\"_ _0\"></span>a as<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>4 <span class=\"_ _0\"></span>vez<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span><span class=\"ff1\"> co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ico<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> </span>uni<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>rado<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ixa<span class=\"_ _0\"></span>. R<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>Good<span class=\"_ _0\"></span>wil<span class=\"_ _0\"></span>l a<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>o \u00e0<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Tis<span class=\"_ _0\"></span>sue<span class=\"_ _0\"></span> R\u00f3<span class=\"_ _0\"></span>d\u00e3<span class=\"_ _0\"></span>o, f<span class=\"_ _0\"></span>ace<span class=\"_ _0\"></span> \u00e0 im<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>smo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>ntu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>\u00e3o s<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rial<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>leva<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s. Pol\u00edticas Contabil\u00edsticas Goodwill O <span class=\"ls0\">go<span class=\"_ _0\"></span>odwi<span class=\"_ _3b\"></span>ll re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>eren<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os </span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> cont<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>c\u00e1v<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>incl<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>quis<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntrol<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e \u00e9<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ado a<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Un<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Ge<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Cai<span class=\"_ _0\"></span>xa<span class=\"_ _0\"></span> (U<span class=\"_ _0\"></span>GC)<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>GCs<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> ba<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nce. Amo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade O <span class=\"ls0\">go<span class=\"_ _0\"></span>odwi<span class=\"_ _3b\"></span>ll n\u00e3<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>. O <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>stes<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpar<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>ood<span class=\"_ _0\"></span>will<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>u </span>se<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>e q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> Os<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>\u00e1vei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> uni<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> ger<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>uxo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>aior<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e o <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>so e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span>As <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rdas<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>arid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>goo<span class=\"_ _0\"></span>dw<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o p<span class=\"_ _0\"></span>ode<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>tida<span class=\"_ _0\"></span>s. Ali<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>olo Gan<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ou p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntro<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ou n<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>\u00f3ci<span class=\"_ _0\"></span>o ao <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>good<span class=\"_ _0\"></span>wil<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e1 a<span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nclu<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> o v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>goo<span class=\"_ _0\"></span>dwi<span class=\"_ _0\"></span>ll <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spon<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>. Ded<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ibil<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>l \u00c0 l<span class=\"_ _0\"></span>uz<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> le<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>la\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fis<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tug<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, n\u00e3<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> o g<span class=\"_ _0\"></span>ood<span class=\"_ _0\"></span>will re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>cer <span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>t\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>term<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>is. 3.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>\u00edvei<span class=\"_ _0\"></span>s </span></span>Movimentos em ativos intang\u00edveis Propriedade industrial e Licen\u00e7as Outros Ativos outros de Emiss\u00e3o ativos intang\u00edveis Valores em Euros<span class=\"_ _1\"></span> direitos de CO2Intang\u00edveis em curso Total Valor bruto Saldo a 1 de janeir<span class=\"_ _1\"></span>o de 2021<span class=\"_ _1\"></span> 16.664  11.902.620 <span class=\"_ _1\"></span> -  -  11.919.284 <span class=\"_ _1\"></span> Atribui\u00e7\u00f5es -  14.915.653 <span class=\"_ _1\"></span> -  -  14.915.653 <span class=\"_ _1\"></span> Aquisi\u00e7\u00f5es<span class=\"_ _1\"></span> -  22.706.518 <span class=\"_ _1\"></span> -  17.823  22.724.341 <span class=\"_ _1\"></span> Regulariza\u00e7\u00f5es,<span class=\"_ _1\"></span> transfer\u00eancias e<span class=\"_ _1\"></span> abates<span class=\"_ _1\"></span> 17.823  (24.788.284) -  (17.823) (24.788.284)<span class=\"_ _1\"></span> Saldo a 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2021 34.487  24.736.507 <span class=\"_ _1\"></span> -  -  24.770.994 <span class=\"_ _1\"></span> Atribui\u00e7\u00f5es -  37.338.833 <span class=\"_ _1\"></span> -  -  37.338.833 <span class=\"_ _1\"></span> Aquisi\u00e7\u00f5es<span class=\"_ _1\"></span> -  3.251.520 <span class=\"_ _1\"></span> -  36.496  3.288.016 <span class=\"_ _1\"></span> Regulariza\u00e7\u00f5es,<span class=\"_ _1\"></span> transfer\u00eancias e<span class=\"_ _1\"></span> abates<span class=\"_ _1\"></span> 36.496  (20.545.709) -  (36.496) (20.545.709)<span class=\"_ _1\"></span> Saldo a 31 de de<span class=\"_ _1\"></span>zembro de 2022<span class=\"_ _1\"></span> 70.983  44.781.151 <span class=\"_ _1\"></span> -  -  44.852.134 <span class=\"_ _1\"></span> Amortiza\u00e7\u00f5es e p<span class=\"_ _1\"></span>erdas por imp<span class=\"_ _1\"></span>aridade<span class=\"_ _1\"></span> acumuladas<span class=\"_ _1\"></span> Saldo a 1 de janeir<span class=\"_ _1\"></span>o de 2021<span class=\"_ _1\"></span> (6.600) -  -  -  (6.600) Amortiza\u00e7\u00f5es do <span class=\"_ _1\"></span>per\u00edodo (Nota 3.7)<span class=\"_ _1\"></span> (11.864) -  -  -  (11.864) Saldo a 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2021 (18.464) -  -  -  (18.464) Amortiza\u00e7\u00f5es do <span class=\"_ _1\"></span>per\u00edodo (Nota 3.7)<span class=\"_ _1\"></span> (20.579) -  -  -  (20.579) Saldo a 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2022 (39.043) -  -  -  (39.043) Valor l\u00edquido a 1 d<span class=\"_ _1\"></span>e janeiro de 2021<span class=\"_ _1\"></span> 10.064  11.902.620 <span class=\"_ _1\"></span> -  -  11.912.684 <span class=\"_ _1\"></span> Valor l\u00edquido a 31 d<span class=\"_ _1\"></span>e dezembro<span class=\"_ _1\"></span> de 2021<span class=\"_ _1\"></span> 16.023  24.736.507 <span class=\"_ _1\"></span> -  -  24.752.529 <span class=\"_ _1\"></span> Valor l\u00edquido a 31 d<span class=\"_ _1\"></span>e dezembro<span class=\"_ _1\"></span> de 2022<span class=\"_ _1\"></span> 31.940  44.781.151 <span class=\"_ _1\"></span> -  -  44.813.091 <span class=\"_ _1\"></span> Licen\u00e7as de <span class=\"ls1b\">CO</span>231/12/22<span class=\"_ _0\"></span> 31/12/21 Licen\u00e7as CO2 (unidades)<span class=\"_ _1\"></span> 574<span class=\"ls0\">.</span>122 <span class=\"ls0\"> </span>620<span class=\"ls0\">.</span>805 <span class=\"ls0\"> </span>Valor unit\u00e1r<span class=\"_ _1\"></span>io m\u00e9dio (Euros)<span class=\"_ _1\"></span> 77,99  39,85  Cota\u00e7\u00e3o de mercad<span class=\"_ _1\"></span>o (Euros)<span class=\"_ _1\"></span> 81,49  80,65  Licen\u00e7as de CO2 <span class=\"ffa\">\u2013</span> Movimentos do<span class=\"_ _0\"></span> per\u00edodo  2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Valores em Euros<span class=\"_ _1\"></span> Toneladas Valor Toneladas Valor Saldo inicial<span class=\"_ _1\"></span> 620<span class=\"ls0\">.805 <span class=\"_ _1\"></span> </span>24<span class=\"ls0\">.</span>736<span class=\"ls0\">.<span class=\"_ _1\"></span>507  </span>516<span class=\"ls0\">.319 <span class=\"_ _1\"></span> </span>11<span class=\"ls0\">.</span>902<span class=\"_ _1\"></span><span class=\"ls0\">.620  </span>Licen\u00e7as atribu<span class=\"_ _1\"></span>\u00eddas gratuitamente <span class=\"_ _1\"></span>(Nota 2.2)<span class=\"_ _1\"></span> 444<span class=\"ls0\">.</span>457 <span class=\"ls0\"> </span>37<span class=\"ls0\">.</span>338<span class=\"ls0\">.833  </span>442<span class=\"ls0\">.</span>732 <span class=\"ls0\"> </span>14<span class=\"ls0\">.</span>915<span class=\"ls0\">.653  </span>Licen\u00e7as adqu<span class=\"_ _1\"></span>iridas 48<span class=\"ls0\">.</span>000 <span class=\"ls0\"> </span>3.<span class=\"ls24\">251</span>.520  368<span class=\"ls0\">.</span>598 <span class=\"ls0\"> </span>22<span class=\"ls0\">.</span>706<span class=\"ls0\">.518  </span>Licen\u00e7as devo<span class=\"_ _1\"></span>lvidas \u00e0 Entidade Co<span class=\"_ _1\"></span>ordenadora de L<span class=\"_ _1\"></span>icenciamento <span class=\"_ _1\"></span> (539.140) (20.<span class=\"ls24\">545</span>.709) (706.844) (24.<span class=\"ls24\">788</span>.284) Saldo final 574<span class=\"ls0\">.122 <span class=\"_ _1\"></span> </span>44<span class=\"ls0\">.</span>781<span class=\"ls0\">.<span class=\"_ _1\"></span>151  </span>620<span class=\"ls0\">.805 <span class=\"_ _1\"></span> </span>24<span class=\"ls0\">.</span>736<span class=\"_ _1\"></span><span class=\"ls0\">.507  </span>Di<span class=\"_ _0\"></span>rei<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e C<span class=\"_ _0\"></span>O2As <span class=\"_ _0\"></span>Lic<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> de<span class=\"_ _3b\"></span> emis<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> CO2 at<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu\u00ed<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>\u00e2mb<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gim<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>CELE<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> Co<span class=\"_ _0\"></span>m\u00e9r<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> </span></span>Eur<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Li<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>miss<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>ufa<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> t\u00ed<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> gra<span class=\"_ _0\"></span>tui<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>d\u00e3o<span class=\"_ _0\"></span> ori<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a um <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>g\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spon<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> \u00e0<span class=\"_ _0\"></span>s li<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>s\u00edd<span class=\"_ _0\"></span>io d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Go<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>de i<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>al mo<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la o<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>egar<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s l<span class=\"_ _0\"></span>icen<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ival<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s ao<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sumo<span class=\"_ _0\"></span>s du<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>per\u00ed<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>o. As <span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00f3 s\u00e3<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>nqu<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>g\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uand<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>apaz<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>o, e<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>mens<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pelo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>u j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> (n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nici<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>. Se<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as l<span class=\"_ _0\"></span>ice<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span> sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>abai<span class=\"_ _0\"></span>xo <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>\u00edsti<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>nui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span>nen<span class=\"_ _0\"></span>te,<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rda<span class=\"_ _0\"></span> por<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> sob<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7as <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>vai<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>iliz<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> nas<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. O p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ocia<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>iga\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>evo<span class=\"_ _0\"></span>lve<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>as l<span class=\"_ _0\"></span>ice<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span>s \u00e9 <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cido<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>se n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>emi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eais<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>\u00e1 l<span class=\"_ _0\"></span>iqu<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> e \u00e9<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntab<span class=\"_ _0\"></span>il\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>co das<span class=\"_ _0\"></span> l<span class=\"_ _0\"></span>ice<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>adic<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nais <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> l<span class=\"_ _0\"></span>ice<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span>No <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>stei<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>int<span class=\"_ _0\"></span>ang\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>evol<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>\u00e0 Ent<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>oord<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Lice<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>iam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to u<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> FIF<span class=\"_ _0\"></span>O. Na <span class=\"_ _0\"></span>De<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s Re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> (r<span class=\"_ _0\"></span>ubr<span class=\"_ _0\"></span>ica <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Out<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s g<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>emi<span class=\"_ _0\"></span>ss\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>etu<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ao j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>xce<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>dq<span class=\"_ _0\"></span>uiri<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nsur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>as li<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ir<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> comp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>os r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>is q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>subs<span class=\"_ _0\"></span>\u00eddi<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gov<span class=\"_ _0\"></span>ern<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>gina<span class=\"_ _0\"></span>l (<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>b\u00e9m<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>conh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ui\u00e7\u00e3o<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> eve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s l<span class=\"_ _0\"></span>ice<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>xc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>so. Pol\u00edticas Contabil\u00edsticas Os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>ng\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ded<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>as amo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> por<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpar<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>. O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oced<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>even<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u c<span class=\"_ _0\"></span>irc<span class=\"_ _0\"></span>uns<span class=\"_ _0\"></span>t\u00e2n<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>as i<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ciam<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> o val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>\u00edsti<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>o va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> re<span class=\"_ _3b\"></span>cuper<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>ta,<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhec<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os. O e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>sult<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>\u00e1 a<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>utro,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sumo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span> Qu<span class=\"_ _0\"></span>alq<span class=\"_ _0\"></span>uer <span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a D<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ltad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r\u00e1 d<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>is p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>ir <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>exce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> ven<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ev<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>en\u00e7<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>exc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>as fac<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>umo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ou a<span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rdas<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>arid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e li<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>\u00e3o uti<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>cion<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>e. Ma<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>as Sem<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> nu<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>tivi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ariai<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ej<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>cas,<span class=\"_ _0\"></span> o Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>u r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onhe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>as D<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o, o<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>onde<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>aqu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o. Na <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>eque<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e as<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>arc<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>leti<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>u c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to,<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>vo d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>mor<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>, m<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>do te<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ato <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>ntu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>. As <span class=\"_ _0\"></span>mar<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>r\u00f3<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>Dem<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> vez<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue cor<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>onde<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> int<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e. Int<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>dese<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>lv<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rna<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte As <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span>s de<span class=\"_ _3b\"></span> dese<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>olvi<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>g\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>med<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>cni<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>plet<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>env<span class=\"_ _0\"></span>olvi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>t\u00e1 <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>spon<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>l p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a us<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pr\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>u c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>iali<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> Ca<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>esas<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>sf<span class=\"_ _0\"></span>a\u00e7a<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tos,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>pes<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ga\u00e7<span class=\"_ _0\"></span>\u00e3o, <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span> 3.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ixo<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> </span></span>Movimentos em ativos fixos tang\u00edveis Edif\u00edcios e Equipamentos<span class=\"_ _0\"></span> Ativos fixos outras e outros tang\u00edveis Valores em Euros<span class=\"_ _1\"></span> Terrenos constru\u00e7\u00f5es tang\u00edveis em curso Total Valor bruto Saldo em 1 de janeir<span class=\"_ _1\"></span>o de 2021<span class=\"_ _1\"></span> 114<span class=\"ls0\">.504.5<span class=\"_ _1\"></span>64  </span>541<span class=\"ls0\">.240.4<span class=\"_ _1\"></span>75  </span>3.567.<span class=\"ls2b\">757<span class=\"_ _1\"></span></span>.837  123<span class=\"ls0\">.425.4<span class=\"_ _1\"></span>31  </span>4.346.<span class=\"ls2b\">928<span class=\"_ _1\"></span></span>.307  Aquisi\u00e7\u00f5es<span class=\"_ _1\"></span> -  -  14<span class=\"ls0\">.</span>551<span class=\"ls0\">.550  </span>65<span class=\"ls0\">.</span>482<span class=\"ls0\">.023  </span>80<span class=\"ls0\">.</span>033<span class=\"ls0\">.573  </span>Aliena\u00e7\u00f5es<span class=\"_ _1\"></span> (339.267) -  (511.368)<span class=\"_ _1\"></span> -  (850.635) Regulariza\u00e7\u00f5es,<span class=\"_ _1\"></span> transfer\u00eancias e<span class=\"_ _1\"></span> abates<span class=\"_ _1\"></span> 226<span class=\"ls0\">.</span>134 <span class=\"ls0\"> </span>1.<span class=\"ls24\">633</span>.165  137<span class=\"ls0\">.</span>086<span class=\"ls0\">.918  </span>(148.<span class=\"ls24\">431</span>.<span class=\"ls24\">122)</span> (9<span class=\"ls0\">.<span class=\"ls24\">484</span>.905)<span class=\"_ _1\"></span> </span>Saldo em 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2021 114<span class=\"ls0\">.391.4<span class=\"_ _1\"></span>31  </span>542<span class=\"ls0\">.873.6<span class=\"_ _1\"></span>40  </span>3.718.<span class=\"ls2b\">884<span class=\"_ _1\"></span></span>.937  40<span class=\"ls0\">.</span>476<span class=\"ls0\">.<span class=\"_ _1\"></span>332  </span>4.416.<span class=\"ls2b\">626<span class=\"_ _1\"></span></span>.340  Aquisi\u00e7\u00f5es<span class=\"_ _1\"></span> -  -  12<span class=\"ls0\">.</span>642<span class=\"ls0\">.516  </span>99<span class=\"ls0\">.</span>381<span class=\"ls0\">.294  </span>112<span class=\"ls0\">.</span>023<span class=\"ls0\">.810  </span>Aliena\u00e7\u00f5es<span class=\"_ _1\"></span> (740.389) -  (39.<span class=\"ls24\">913</span>.005) -  (40.<span class=\"ls24\">653</span>.394) Regulariza\u00e7\u00f5es,<span class=\"_ _1\"></span> transfer\u00eancias e<span class=\"_ _1\"></span> abates<span class=\"_ _1\"></span> 2.<span class=\"ls24\">123</span>.276  1.<span class=\"ls24\">626</span>.228  35<span class=\"ls0\">.</span>577<span class=\"ls0\">.280  </span>(47.<span class=\"ls24\">701</span>.141) (8<span class=\"ls0\">.<span class=\"ls24\">374</span>.357)<span class=\"_ _1\"></span> </span>Saldo em 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2022 115<span class=\"ls0\">.774.3<span class=\"_ _1\"></span>18  </span>544<span class=\"ls0\">.499.8<span class=\"_ _1\"></span>68  </span>3.727.<span class=\"ls2b\">191<span class=\"_ _1\"></span></span>.728  92<span class=\"ls0\">.</span>156<span class=\"ls0\">.<span class=\"_ _1\"></span>485  </span>4.479.<span class=\"ls2b\">622<span class=\"_ _1\"></span></span>.399  Deprecia\u00e7\u00f5es e<span class=\"_ _1\"></span> perdas por i<span class=\"_ _1\"></span>mparidade acumuladas Saldo em 1 de janeir<span class=\"_ _1\"></span>o de 2021<span class=\"_ _1\"></span> -  (352.192.222)<span class=\"_ _1\"></span> (2<span class=\"ls0\">.810.786.493) </span>-  (3<span class=\"ls0\">.162.978.715) </span>Deprecia\u00e7\u00f5es do per<span class=\"_ _1\"></span>\u00edodo (Nota 3.7<span class=\"_ _1\"></span>) -  (11.<span class=\"ls24\">240</span>.522) (107.<span class=\"ls24\">130</span>.<span class=\"ls24\">884)</span> -  (118.<span class=\"ls24\">371</span>.<span class=\"ls24\">406)</span> Aliena\u00e7\u00f5es<span class=\"_ _1\"></span> -  -  505<span class=\"ls0\">.</span>759 <span class=\"ls0\"> </span>-  505<span class=\"ls0\">.</span>759 <span class=\"ls0\"> </span>Regulariza\u00e7\u00f5es,<span class=\"_ _1\"></span> transfer\u00eancias e<span class=\"_ _1\"></span> abates<span class=\"_ _1\"></span> -  567<span class=\"ls0\">.</span>105 <span class=\"ls0\"> </span>8.<span class=\"ls24\">895</span>.424  -  9.<span class=\"ls24\">462</span>.529  Saldo em 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2021 -  (362.865.639)<span class=\"_ _1\"></span> (2<span class=\"ls0\">.908.516.194) </span>- (3<span class=\"ls0\">.271.381.833) </span>Deprecia\u00e7\u00f5es do per<span class=\"_ _1\"></span>\u00edodo (Nota<span class=\"_ _1\"></span> 3.7) -  (18.<span class=\"ls24\">827</span>.626) (137.<span class=\"ls24\">630</span>.<span class=\"ls24\">932)</span> -  (156.<span class=\"ls24\">458</span>.<span class=\"ls24\">558)</span> Imparidades <span class=\"_ _1\"></span> -  -  Aliena\u00e7\u00f5es<span class=\"_ _1\"></span> -  -  39<span class=\"ls0\">.</span>443<span class=\"ls0\">.667  </span>-  39<span class=\"ls0\">.</span>443<span class=\"ls0\">.667  </span>Regulariza\u00e7\u00f5es,<span class=\"_ _1\"></span> transfer\u00eancias e<span class=\"_ _1\"></span> abates<span class=\"_ _1\"></span> -  6.<span class=\"ls24\">927 </span> 8.<span class=\"ls24\">456</span>.805  -  8.<span class=\"ls24\">463</span>.732  Saldo em 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2022 -  (381.686.338)<span class=\"_ _1\"></span> (2<span class=\"ls0\">.998.246.654) </span>- (3<span class=\"ls0\">.379.932.992) </span>Valor l\u00edquido em 1 d<span class=\"_ _1\"></span>e janeiro d<span class=\"_ _1\"></span>e 2021<span class=\"_ _1\"></span> 114<span class=\"ls0\">.504.5<span class=\"_ _1\"></span>64  </span>189<span class=\"ls0\">.048.2<span class=\"_ _1\"></span>53  </span>756<span class=\"ls0\">.971.3<span class=\"_ _1\"></span>44  </span>123<span class=\"ls0\">.425.4<span class=\"_ _1\"></span>31  </span>1.183.<span class=\"ls2b\">949<span class=\"_ _1\"></span></span>.592  Valor l\u00edquido em 3<span class=\"_ _1\"></span>1 de dez<span class=\"_ _1\"></span>embro de 2021<span class=\"_ _1\"></span> 114<span class=\"ls0\">.391.4<span class=\"_ _1\"></span>31  </span>180<span class=\"ls0\">.008.0<span class=\"_ _1\"></span>01  </span>810<span class=\"ls0\">.368.7<span class=\"_ _1\"></span>43  </span>40<span class=\"ls0\">.</span>476<span class=\"ls0\">.<span class=\"_ _1\"></span>332  </span>1.145.<span class=\"ls2b\">244<span class=\"_ _1\"></span></span>.507  Valor l\u00edquido em 3<span class=\"_ _1\"></span>1 de dez<span class=\"_ _1\"></span>embro de 2022<span class=\"_ _1\"></span> 115<span class=\"ls0\">.774.3<span class=\"_ _1\"></span>18  </span>162<span class=\"ls0\">.813.5<span class=\"_ _1\"></span>30  </span>728<span class=\"ls0\">.945.0<span class=\"_ _1\"></span>74  </span>92<span class=\"ls0\">.</span>156<span class=\"ls0\">.<span class=\"_ _1\"></span>485  </span>1.099.<span class=\"ls2b\">689<span class=\"_ _1\"></span></span>.407  Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 a <span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>clui<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>roj<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>vim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>so,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m pa<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ular<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>\u00e0 n<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>a li<span class=\"_ _0\"></span>nha<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s da<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a F<span class=\"_ _0\"></span>oz <span class=\"_ _0\"></span>(\u20ac<span class=\"_ _0\"></span>20.8<span class=\"_ _0\"></span>35<span class=\"_ _0\"></span>.6<span class=\"_ _0\"></span>25), <span class=\"_ _0\"></span>\u00e0 n<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>a l<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>de e<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span><span class=\"ff1\">a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de </span>Ave<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>o (<span class=\"_ _0\"></span>\u20ac1<span class=\"_ _0\"></span>2.69<span class=\"_ _0\"></span>1.<span class=\"_ _0\"></span>625)<span class=\"_ _3b\"></span>, \u00e0 n<span class=\"_ _0\"></span>ova <span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>\u00e1s <span class=\"_ _0\"></span>Nat<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>e Se<span class=\"_ _0\"></span>t\u00fa<span class=\"_ _0\"></span>bal<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>\u20ac4.2<span class=\"_ _0\"></span>80<span class=\"_ _0\"></span>.075<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span><span class=\"ff1\">upg<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>e </span>do<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a b<span class=\"ff9\">ob<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> 1 d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Fig<span class=\"_ _0\"></span>ueir<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Foz <span class=\"_ _0\"></span>(\u20ac<span class=\"_ _0\"></span>2.<span class=\"_ _0\"></span>006.<span class=\"_ _0\"></span>60<span class=\"_ _0\"></span>2).<span class=\"_ _0\"></span> O <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>esce<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> </span>re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>div<span class=\"_ _0\"></span>ers<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>elh<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>timi<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>utiv<span class=\"_ _0\"></span>o. O v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Te<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>i \u20ac<span class=\"_ _0\"></span>114.<span class=\"_ _0\"></span>58<span class=\"_ _0\"></span>6.8<span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>(3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1:<span class=\"_ _0\"></span> \u20ac1<span class=\"_ _0\"></span>13.<span class=\"_ _0\"></span>358<span class=\"_ _0\"></span>.58<span class=\"_ _0\"></span>5)<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>eda<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to,<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s \u20ac<span class=\"_ _0\"></span>75<span class=\"_ _0\"></span>.448<span class=\"_ _0\"></span>.7<span class=\"_ _0\"></span>16<span class=\"_ _0\"></span> (31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1: <span class=\"_ _0\"></span>\u20ac74<span class=\"_ _0\"></span>.2<span class=\"_ _0\"></span>20.<span class=\"_ _0\"></span>470<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"ff1\">v<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> a </span>te<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s fl<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>\u20ac39<span class=\"_ _0\"></span>.1<span class=\"_ _0\"></span>38.11<span class=\"_ _0\"></span>5 <span class=\"_ _0\"></span>(3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2021<span class=\"_ _0\"></span>: <span class=\"_ _0\"></span>\u20ac3<span class=\"_ _0\"></span>9.13<span class=\"_ _0\"></span>8.<span class=\"_ _0\"></span>115)<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>a te<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>eno<span class=\"_ _0\"></span>s afe<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>\u00edme<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fab<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>omi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>sumi<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ati<span class=\"_ _3b\"></span>vos fi<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>had<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>ota <span class=\"_ _0\"></span>10<span class=\"_ _0\"></span>.<span class=\"ls16\">2 </span>- <span class=\"_ _0\"></span>Comp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>sos<span class=\"_ _0\"></span>. Estimativas e julgamentos Rec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>ng\u00ed<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>is A r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>erab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>g\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>efin<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>imat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ssup<span class=\"_ _0\"></span>ost<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Ge<span class=\"_ _0\"></span>st\u00e3o<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> apl<span class=\"_ _0\"></span>ic\u00e1<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>l, n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>z r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pei<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>apu<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> us<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>\u00e2mb<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s te<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> uni<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> ger<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>caix<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span>  Vi<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>\u00fati<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o  Os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>g\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ntam<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>onen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ais s<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>nifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o A<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span>l do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> Est<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ujei<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>uma <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o si<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>\u00e1tic<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>det<span class=\"_ _0\"></span>erm<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>a sua<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> \u00fat<span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>n\u00f3m<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span>A de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s \u00fa<span class=\"_ _0\"></span>tei<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span>, b<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>\u00e9t<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ar \u00e9<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>nar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>cia\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s a <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>conh<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> na <span class=\"_ _0\"></span>Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>olid<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>. Est<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ois <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r\u00e2m<span class=\"_ _0\"></span>etr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ord<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> o m<span class=\"_ _0\"></span>elh<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> jul<span class=\"_ _0\"></span>gam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>lho d<span class=\"_ _0\"></span>e Adm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>\u00f3ci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>b\u00e9m<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00e1ti<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> ado<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>cion<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> e a <span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>olu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ndi\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>con\u00f3<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>a.  No<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span><span class=\"ff9\">evi<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>IFRS<span class=\"_ _0\"></span>\u2019s,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>idas<span class=\"_ _0\"></span> \u00fat<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>r r<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> </span>as <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>cta<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>nef\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>econ<span class=\"_ _0\"></span>\u00f3mi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s es<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>uso <span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>cni<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> pl<span class=\"_ _0\"></span>ane<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>As <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rra<span class=\"_ _0\"></span>m na<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>\u00e3o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>iliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ospe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>va. Dad<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>v\u00e2<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>gula<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span> t\u00e9<span class=\"_ _0\"></span>cni<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s ex<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara <span class=\"_ _0\"></span>afe<span class=\"_ _0\"></span>rir<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a ad<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ua\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>s ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>, te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>o \u00fal<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>rela<span class=\"_ _0\"></span>t\u00f3r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nclu\u00ed<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> du<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>segu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>er\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> 1 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ja<span class=\"_ _0\"></span>nei<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2. Ne<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>c\u00edc<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>cede<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>\u00e0 re<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> \u00fate<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>um con<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>afe<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>va,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> on<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>, em<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>edu\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da vi<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>\u00fati<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>m, <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>erc\u00ed<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>o (<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span> No<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> 3.<span class=\"_ _0\"></span>7). Pol\u00edticas Contabil\u00edsticas At<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>ixo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>g\u00edv<span class=\"_ _0\"></span>eis Re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l Os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>g\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aqu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>uzid<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>cia\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de.<span class=\"_ _0\"></span> Dep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es e<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> \u00c9 u<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>todo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>quot<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>mome<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>m se<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ncon<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a di<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>n\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>so,<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>zan<span class=\"_ _0\"></span>do-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xas<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>mel<span class=\"_ _0\"></span>hor<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span> \u00fat<span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ada. Anos m\u00e9dios de<span class=\"_ _1\"></span> vida \u00fati<span class=\"_ _1\"></span>l Anos m\u00e9dios de vi<span class=\"_ _1\"></span>da \u00fatil<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Terrenos (custo da pre<span class=\"_ _1\"></span>para\u00e7\u00e3o para flore<span class=\"_ _1\"></span>sta\u00e7\u00e3o)<span class=\"_ _1\"></span> 50<span class=\"ls0\"> </span>50<span class=\"ls0\"> </span>Edif\u00edcios e outras<span class=\"_ _1\"></span> constru\u00e7\u00f5es<span class=\"_ _1\"></span> 10 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>30<span class=\"ls0\"> </span>12 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>30<span class=\"ls0\"> </span>Equipamento b\u00e1<span class=\"_ _1\"></span>sico  4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>20<span class=\"ls0\"> </span>6 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>25<span class=\"ls0\"> </span>Equipamento de tran<span class=\"_ _1\"></span>sporte 4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 9 </span></span>4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 9 </span></span>Ferramentas e uten<span class=\"_ _1\"></span>s\u00edlios<span class=\"_ _1\"></span> 2 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 8 </span></span>2 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 8 </span></span>Equipamento ad<span class=\"_ _1\"></span>ministrativo<span class=\"_ _1\"></span> 4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 8 </span></span>4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 8 </span></span>Outros ativos fixo<span class=\"_ _1\"></span>s tang\u00edveis<span class=\"_ _1\"></span> 4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>10<span class=\"ls0\"> </span>4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>10<span class=\"ls0\"> </span>Os <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>uais<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>\u00fatei<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> aj<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>da. <span class=\"_ _0\"></span>Cas<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00e0s v<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>\u00fatei<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>il\u00eds<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>apli<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>osp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e.  Se <span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>rit<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>\u00e9 s<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>r\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>, pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eu re<span class=\"_ _0\"></span>aj<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gist<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de (N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 3.<span class=\"_ _0\"></span>7<span class=\"lsd\">).</span> Cus<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>uen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s Os <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>nut<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>ama<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>one<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e aqu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo f<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>o ta<span class=\"_ _0\"></span>ng\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>\u00e0 da<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> da pr<span class=\"_ _0\"></span>\u00f3xi<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>ute<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> rep<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>ute<span class=\"_ _0\"></span>n\u00e7\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>no pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>orri<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>. Pe<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>en\u00e7<span class=\"_ _0\"></span>\u00e3o As <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>rva<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>erad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>t\u00e9g<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>elac<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ntos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t\u00e1ve<span class=\"_ _0\"></span>l q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nha <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>lon<span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r m<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>doi<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>c\u00ed<span class=\"_ _0\"></span>cios<span class=\"_ _0\"></span> ec<span class=\"_ _0\"></span>on\u00f3<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span><span class=\"ff9\">s p<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>manu<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>n\u00e7\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo \u201c<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> </span>de<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>ui\u00e7\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>r\u00edt<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as\u201d<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span><span class=\"ff1\">nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> At<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fix<span class=\"_ _0\"></span>os t<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span>. </span>Re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> cl<span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>rv<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>iad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sde<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>mom<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>n\u00edve<span class=\"_ _0\"></span>is p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u00e9-l<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>s at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>da \u00fa<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>l q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>za <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> eq<span class=\"_ _0\"></span>uip<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>rev<span class=\"_ _0\"></span>\u00ea q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>enh<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>tegr<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ltr<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>da \u00fa<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>l re<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s. As <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>rva<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tabi<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>como<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> tang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>van<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s <span class=\"ls12\">e </span>uti<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>\u00edo<span class=\"_ _0\"></span>do,<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>izad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> ape<span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>tem d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ixo<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>is<span class=\"ls10\">. <span class=\"_ _0\"></span><span class=\"ls0\">Nas<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tua\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> </span></span>par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>\u00e1rio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>onhe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>exe<span class=\"_ _0\"></span>rc\u00ed<span class=\"_ _0\"></span>cio <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sumi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s. Enc<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>gos<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>ncei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>\u00e9<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>os Os <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>car<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ncei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>r\u00e9<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> dir<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>elaci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> (c<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edod<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ou d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>vime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xce<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s s\u00e3o<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>faze<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>art<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> cus<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>. No<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>c\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>dos,<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>aisq<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nca<span class=\"_ _0\"></span>rgo<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>\u00e9s<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om a<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ang\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s. Aba<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00f5es Os <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>enie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>ate <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> ali<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>erm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ela <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>eren<span class=\"_ _0\"></span>\u00e7a en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>bim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>na\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>c\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>dedu<span class=\"_ _0\"></span>zid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a qu<span class=\"_ _0\"></span>anti<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>crit<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>conh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> Ou<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>os re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>raci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> (N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>.2) <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> Ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nais<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>Nota<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>.3<span class=\"lsd\">).</span> 3.4.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Pro<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>eda<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to </span></span>Movimentos em propriedades de investimento Edif\u00edcios  e outras Valores em Euros<span class=\"_ _1\"></span> Terrenos constru\u00e7\u00f5es Total Valor bruto Saldo em 1 de janeir<span class=\"_ _1\"></span>o de 2021<span class=\"_ _1\"></span> 424<span class=\"ls0\">.744 <span class=\"_ _1\"></span> </span>82<span class=\"ls0\">.</span>307 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>507<span class=\"ls0\">.051 <span class=\"_ _1\"></span> </span>Aquisi\u00e7\u00f5es<span class=\"_ _1\"></span> -  -  -  Aliena\u00e7\u00f5es<span class=\"_ _1\"></span> -  -  -  Saldo em 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2021 424<span class=\"ls0\">.744 <span class=\"_ _1\"></span> </span>82<span class=\"ls0\">.</span>307 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>507<span class=\"ls0\">.051 <span class=\"_ _1\"></span> </span>Aquisi\u00e7\u00f5es<span class=\"_ _1\"></span> -  -  -  Aliena\u00e7\u00f5es<span class=\"_ _1\"></span> -  -  -  Saldo em 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2022 424<span class=\"ls0\">.744 <span class=\"_ _1\"></span> </span>82<span class=\"ls0\">.</span>307 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>507<span class=\"ls0\">.051 <span class=\"_ _1\"></span> </span>Deprecia\u00e7\u00f5es e<span class=\"_ _1\"></span> perdas por i<span class=\"_ _1\"></span>mparidade a<span class=\"_ _1\"></span>cumuladas<span class=\"_ _1\"></span> Saldo em 1 de janeir<span class=\"_ _1\"></span>o de 2021<span class=\"_ _1\"></span> (399.372) (13.443) (412.815) Deprecia\u00e7\u00f5es do per<span class=\"_ _1\"></span>\u00edodo (Nota 3.7<span class=\"_ _1\"></span>) -  -  -  Aliena\u00e7\u00f5es<span class=\"_ _1\"></span> -  -  -  Perdas por impar<span class=\"_ _1\"></span>idade (Nota 3.7)<span class=\"_ _1\"></span> -  (1<span class=\"ls0\">.646)<span class=\"_ _1\"></span> </span>(1<span class=\"ls0\">.646)<span class=\"_ _1\"></span> </span>Saldo em 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2021 (399.372) (15.089) (414.461) Deprecia\u00e7\u00f5es do per<span class=\"_ _1\"></span>\u00edodo (Nota 3.7<span class=\"_ _1\"></span>) -  -  -  Aliena\u00e7\u00f5es<span class=\"_ _1\"></span> -  -  -  Perdas por impar<span class=\"_ _1\"></span>idade (Nota 3.7)<span class=\"_ _1\"></span> -  (1<span class=\"ls0\">.646)<span class=\"_ _1\"></span> </span>(1<span class=\"ls0\">.646)<span class=\"_ _1\"></span> </span>Saldo em 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2022 (399.372) (16.735) (416.107) Valor l\u00edquido em 1 d<span class=\"_ _1\"></span>e janeiro d<span class=\"_ _1\"></span>e 2021<span class=\"_ _1\"></span> 25<span class=\"ls0\">.</span>372 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>68<span class=\"ls0\">.</span>864 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>94<span class=\"ls0\">.</span>236 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>Valor l\u00edquido em 3<span class=\"_ _1\"></span>1 de dez<span class=\"_ _1\"></span>embro de 2021<span class=\"_ _1\"></span> 25<span class=\"ls0\">.</span>372 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>67<span class=\"ls0\">.</span>218 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>92<span class=\"ls0\">.</span>589 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>Valor l\u00edquido em 3<span class=\"_ _1\"></span>1 de dez<span class=\"_ _1\"></span>embro de 2022<span class=\"_ _1\"></span> 25<span class=\"ls0\">.</span>372 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>65<span class=\"ls0\">.</span>572 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>90<span class=\"ls0\">.</span>943 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>Est<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>am af<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>m t\u00ea<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>uso <span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>o. Pol\u00edticas Contabil\u00edsticas O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>opr<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>nas <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iras<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>m\u00f3<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>tido<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>jet<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span>iza\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> e/<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> obt<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>. Uma<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>edad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>time<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>nici<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>seu<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>u pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o, i<span class=\"_ _0\"></span>ncl<span class=\"_ _3b\"></span>uindo <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>stos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ansa<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> l<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>sejam<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span>. Ap<span class=\"_ _0\"></span>\u00f3s <span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nici<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, as<span class=\"_ _0\"></span> pro<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ied<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> inv<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>dedu<span class=\"_ _0\"></span>zi<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> amo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r im<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>umu<span class=\"_ _0\"></span>lad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>seq<span class=\"_ _0\"></span>uen<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>eda<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>s\u00f3<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>o cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>v\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>les<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>on\u00f3m<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>turo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>acre<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ace<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>no r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>conh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>. 3.5.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Subs<span class=\"_ _0\"></span>\u00edd<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao<span class=\"_ _0\"></span> inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o </span></span>Subs\u00eddios ao investimento - Movimentos 31/12/22 31/12/21 Valores em Euros<span class=\"_ _1\"></span> Financeiros<span class=\"_ _0\"></span> Fiscais Total Financeiros<span class=\"_ _0\"></span> Fiscais Total Saldo inicial<span class=\"_ _1\"></span> 12.085.757 19.608.965 31.694.722 13.768.051 21.463.619 35.231.670 Atribui\u00e7\u00e3o 5.226.930 -5.226.930721.599 -721.599Utiliza\u00e7\u00e3o (Nota<span class=\"_ _1\"></span> 3.7) (1.689.688) (1.708.516) (3.398.204)(2.365.089)<span class=\"_ _1\"></span> (1.737.488) (4.102.577) Outros moviment<span class=\"_ _1\"></span>os 293.111 -293.111(38.804) (117.166) (155.970) Saldo final (<span class=\"_ _1\"></span>Nota 4.3) 15.916.110 17.900.449 33.816.559 12.085.757 19.608.965 31.694.722 As<span class=\"ls0\"> <span class=\"ff9\">at<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>i\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>o inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> \u20ac4.<span class=\"_ _0\"></span>48<span class=\"_ _0\"></span>8.0<span class=\"_ _0\"></span>46 <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> ao <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bs\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>trib<span class=\"_ _0\"></span>u\u00eddo<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> CIN<span class=\"_ _0\"></span>EA </span></span>(E<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>pea<span class=\"_ _0\"></span>n C<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>Inf<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uctu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>d <span class=\"_ _0\"></span>Envi<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>nme<span class=\"_ _0\"></span>nt <span class=\"_ _0\"></span>Exe<span class=\"_ _0\"></span>cut<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>e A<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ncy)<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>ulp<span class=\"_ _0\"></span> Set<span class=\"_ _0\"></span>\u00fab<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>rs\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>no d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>\u00e1bri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Se<span class=\"_ _0\"></span>t\u00fab<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, com<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>\u00e0 u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>comb<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>t\u00edve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>\u00e1vei<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> \u00e2m<span class=\"_ _0\"></span>bit<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>no d<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>oni<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po.<span class=\"_ _0\"></span> O r<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ane<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te, <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>\u20ac <span class=\"_ _0\"></span>738<span class=\"_ _0\"></span>.884<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>spei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ribu<span class=\"_ _0\"></span>\u00edd<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>no \u00e2mb<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> age<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>mob<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Plan<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e R<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>sili<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia. Do <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>foi<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>ido <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>pen<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or d<span class=\"_ _0\"></span>e \u20ac<span class=\"_ _0\"></span> 9<span class=\"_ _0\"></span>6.0<span class=\"_ _0\"></span>55,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>efl<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>na Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> Fl<span class=\"_ _0\"></span>uxo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de Ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a, Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>os s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>s\u00eddi<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>vest<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>etal<span class=\"_ _0\"></span>hav<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>a com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: 31/12/22<span class=\"_ _0\"></span> 31/12/21 Valores em Euros<span class=\"_ _1\"></span> Financeiros<span class=\"_ _0\"></span> Fiscais Total Financeiros<span class=\"_ _0\"></span> Fiscais Total Ao abrigo d<span class=\"_ _1\"></span>os contratos AICEP<span class=\"_ _1\"></span> Enerpulp, S.A.<span class=\"_ _1\"></span> 254<span class=\"ls0\">.</span>071 <span class=\"ls0\"> </span>-  254<span class=\"ls0\">.</span>071 <span class=\"ls0\"> </span>328<span class=\"ls0\">.</span>243 <span class=\"ls0\"> </span>-  328<span class=\"ls0\">.</span>243 <span class=\"ls0\"> </span>Navigator Pulp A<span class=\"_ _1\"></span>veiro, S.A.<span class=\"_ _1\"></span> 3.<span class=\"ls24\">759</span>.757  1.<span class=\"ls24\">556</span>.065  5.<span class=\"ls24\">315</span>.822  4.<span class=\"ls24\">790</span>.430  2.<span class=\"ls24\">015</span>.570  6.<span class=\"ls24\">806</span>.000  Navigator Pulp Set\u00faba<span class=\"_ _1\"></span>l, S.A.<span class=\"_ _1\"></span> 52<span class=\"ls0\">.</span>676 <span class=\"ls0\"> </span>-  52<span class=\"ls0\">.</span>676 <span class=\"ls0\"> </span>101<span class=\"ls0\">.</span>018 <span class=\"ls0\"> </span>-  101<span class=\"ls0\">.</span>018 <span class=\"ls0\"> </span>Navigator Pulp F<span class=\"_ _1\"></span>igueira, S.A.<span class=\"_ _1\"></span> 9.<span class=\"ls24\">309 </span> 8.<span class=\"ls24\">175</span>.288  8.<span class=\"ls24\">184</span>.597  13<span class=\"ls0\">.</span>324<span class=\"ls0\"> </span>8.<span class=\"ls24\">885</span>.363  8.<span class=\"ls24\">898</span>.687  Navigator Parques <span class=\"_ _1\"></span>Industriais, S.A<span class=\"_ _1\"></span>. 1.<span class=\"ls24\">810</span>.283  -  1.<span class=\"ls24\">810</span>.283  1.<span class=\"ls24\">869</span>.640  -  1.<span class=\"ls24\">869</span>.640  Navigator Brands,<span class=\"_ _1\"></span> S.A. -  -  -  499<span class=\"ls0\">.</span>805 <span class=\"ls0\"> </span>-  499<span class=\"ls0\">.</span>805 <span class=\"ls0\"> </span>Navigator Tissue A<span class=\"_ _1\"></span>veiro, S.A.<span class=\"_ _1\"></span> 2.<span class=\"ls24\">795</span>.648  8.<span class=\"ls24\">169</span>.096  10<span class=\"ls0\">.</span>964<span class=\"ls0\">.744  </span>2.<span class=\"ls24\">982</span>.150  8.<span class=\"ls24\">708</span>.032  11<span class=\"ls0\">.</span>690<span class=\"ls0\">.182  </span>8.681.<span class=\"ls2b\">744 <span class=\"_ _1\"></span></span> 17<span class=\"ls0\">.</span>900<span class=\"_ _1\"></span><span class=\"ls0\">.449  </span>26<span class=\"ls0\">.</span>582<span class=\"ls0\">.<span class=\"_ _1\"></span>193  </span>10<span class=\"ls0\">.</span>584<span class=\"_ _1\"></span><span class=\"ls0\">.610  </span>19<span class=\"ls0\">.</span>608<span class=\"ls0\">.<span class=\"_ _1\"></span>965  </span>30<span class=\"ls0\">.</span>193<span class=\"_ _1\"></span><span class=\"ls0\">.575  </span>Ao abrigo <span class=\"_ _1\"></span>do Plano de Re<span class=\"_ _1\"></span>cupera\u00e7\u00e3o e Resili\u00eancia<span class=\"_ _1\"></span> Navigator Forest Portu<span class=\"_ _1\"></span>gal, S.A.<span class=\"_ _1\"></span> 36<span class=\"ls0\">.</span>510 <span class=\"ls0\"> </span>-  36<span class=\"ls0\">.</span>510 <span class=\"ls0\"> </span>-  -  -  Viveiros Alian<span class=\"_ _1\"></span>\u00e7a, SA 20<span class=\"ls0\">.</span>800 <span class=\"ls0\"> </span>-  20<span class=\"ls0\">.</span>800 <span class=\"ls0\"> </span>-  -  -  Navigator Pulp A<span class=\"_ _1\"></span>veiro, S.A.<span class=\"_ _1\"></span> 38<span class=\"ls0\">.</span>336<span class=\"ls0\"> </span>-  38<span class=\"ls0\">.</span>336 <span class=\"ls0\"> </span>-  -  -  Navigator Pulp F<span class=\"_ _1\"></span>igueira, S.A.<span class=\"_ _1\"></span> 520<span class=\"ls0\">.</span>678 <span class=\"ls0\"> </span>-  520<span class=\"ls0\">.</span>678 <span class=\"ls0\"> </span>-  -  -  Raiz 122<span class=\"ls0\">.</span>560 <span class=\"ls0\"> </span>-  122<span class=\"ls0\">.</span>560 <span class=\"ls0\"> </span>-  -  -  738<span class=\"ls0\">.884 <span class=\"_ _1\"></span> </span>-  738<span class=\"ls0\">.884 <span class=\"_ _1\"></span> </span>-  -  -  Outros Navigator Pulp Set\u00faba<span class=\"_ _1\"></span>l, S.A.<span class=\"_ _1\"></span> 4.488.046 <span class=\"_ _1\"></span> -  4.488.046 <span class=\"_ _1\"></span> - <span class=\"ff5 fs0 fc2\"> </span>- <span class=\"ff5 fs0 fc2\"> </span>- <span class=\"ff5 fs0 fc2\"> </span>Raiz 2.<span class=\"ls24\">007</span>.338  -  2.<span class=\"ls24\">007</span>.338  1.<span class=\"ls24\">479</span>.841  -  1.<span class=\"ls24\">479</span>.841  Viveiros Alian<span class=\"_ _1\"></span>\u00e7a, SA 98 <span class=\"ls0\"> </span>-  98 <span class=\"ls0\"> </span>21<span class=\"ls0\">.</span>306 <span class=\"ls0\"> </span>-  21<span class=\"ls0\">.</span>306 <span class=\"ls0\"> </span>6.495.<span class=\"ls2b\">482 <span class=\"_ _1\"></span></span> -  6.495.<span class=\"ls2b\">482 <span class=\"_ _1\"></span></span> 1.501.<span class=\"ls2b\">147 <span class=\"_ _1\"></span></span> -  1.501.<span class=\"ls2b\">147 <span class=\"_ _1\"></span></span> 15<span class=\"ls0\">.</span>916<span class=\"ls0\">.<span class=\"_ _1\"></span>110  </span>17<span class=\"ls0\">.</span>900<span class=\"_ _1\"></span><span class=\"ls0\">.449  </span>33<span class=\"ls0\">.</span>816<span class=\"ls0\">.<span class=\"_ _1\"></span>559  </span>12<span class=\"ls0\">.</span>085<span class=\"_ _1\"></span><span class=\"ls0\">.757  </span>19<span class=\"ls0\">.</span>608<span class=\"ls0\">.<span class=\"_ _1\"></span>965  </span>31<span class=\"ls0\">.</span>694<span class=\"_ _1\"></span><span class=\"ls0\">.722  </span>O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> esp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onhe<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r os<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>\u00eddi<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>me <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ue: 31/12/22<span class=\"_ _0\"></span> 31/12/21 Valores em Euros<span class=\"_ _1\"></span> Financeiros<span class=\"_ _0\"></span> Fiscais Total Financeiros<span class=\"_ _0\"></span> Fiscais Total 2022<span class=\"ls0\"> </span>-  -  -  1.<span class=\"ls24\">748</span>.315  1.<span class=\"ls24\">708</span>.516  3.<span class=\"ls24\">456</span>.831  2023<span class=\"ls0\"> </span>1.<span class=\"ls24\">611</span>.734  1.<span class=\"ls24\">666</span>.401  3.<span class=\"ls24\">278</span>.135  1.<span class=\"ls24\">654</span>.211  1.<span class=\"ls24\">666</span>.401  3.<span class=\"ls24\">320</span>.612  2024<span class=\"ls0\"> </span>1.<span class=\"ls24\">570</span>.887  1.<span class=\"ls24\">666</span>.401  3.<span class=\"ls24\">237</span>.288  1.<span class=\"ls24\">608</span>.887  1.<span class=\"ls24\">666</span>.401  3.<span class=\"ls24\">275</span>.288  2025<span class=\"ls0\"> </span>1.<span class=\"ls24\">221</span>.308  1.<span class=\"ls24\">398</span>.687  2.<span class=\"ls24\">619</span>.995  1.<span class=\"ls24\">260</span>.106  1.<span class=\"ls24\">398</span>.687  2.<span class=\"ls24\">658</span>.793  2026<span class=\"ls0\"> </span>1.<span class=\"ls24\">132</span>.412  1.<span class=\"ls24\">390</span>.347  2.<span class=\"ls24\">522</span>.759  1.<span class=\"ls24\">197</span>.809  1.<span class=\"ls24\">390</span>.347  2.<span class=\"ls24\">588</span>.156  2027<span class=\"ls0\"> </span>529<span class=\"ls0\">.</span>506 <span class=\"ls0\"> </span>1.<span class=\"ls24\">390</span>.304  1.<span class=\"ls24\">919</span>.810  529<span class=\"ls0\">.</span>506 <span class=\"ls0\"> </span>1.<span class=\"ls24\">390</span>.304  1.<span class=\"ls24\">919</span>.810  Posteriores a 2027<span class=\"_ _1\"></span> 9.<span class=\"ls24\">850</span>.263  10<span class=\"ls0\">.</span>388<span class=\"ls0\">.309  </span>20<span class=\"ls0\">.</span>238<span class=\"ls0\">.572  </span>4.<span class=\"ls24\">086</span>.923  10<span class=\"ls0\">.</span>388<span class=\"ls0\">.308  </span>14<span class=\"ls0\">.</span>475<span class=\"ls0\">.231  </span>15<span class=\"ls0\">.</span>916<span class=\"ls0\">.<span class=\"_ _1\"></span>110  </span>17<span class=\"ls0\">.</span>900<span class=\"_ _1\"></span><span class=\"ls0\">.449  </span>33<span class=\"ls0\">.</span>816<span class=\"ls0\">.<span class=\"_ _1\"></span>559  </span>12<span class=\"ls0\">.</span>085<span class=\"_ _1\"></span><span class=\"ls0\">.757  </span>19<span class=\"ls0\">.</span>608<span class=\"ls0\">.<span class=\"_ _1\"></span>965  </span>31<span class=\"ls0\">.</span>694<span class=\"_ _1\"></span><span class=\"ls0\">.722  </span>Subs\u00eddios ao inve<span class=\"_ _1\"></span>stimento n\u00e3o reem<span class=\"_ _1\"></span>bols\u00e1veis<span class=\"_ _1\"></span> Ince<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>capac<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>ta n<span class=\"_ _0\"></span>a F<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> Fo<span class=\"_ _0\"></span>z Em <span class=\"_ _0\"></span>27<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>8, f<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>eleb<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span> fisc<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> a sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>ria <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ator<span class=\"_ _3b\"></span> Pulp<span class=\"_ _0\"></span> Fig<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span>, S.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a A<span class=\"_ _0\"></span>ICEP<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ivo <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>ao aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a F<span class=\"_ _0\"></span>oz,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>e u<span class=\"_ _0\"></span>m in<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>o mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>m\u00e1x<span class=\"_ _0\"></span>imo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac<span class=\"_ _0\"></span><span class=\"ff1 ls93\">17<span class=\"ls0\">.<span class=\"ls16\">278</span>.<span class=\"_ _0\"></span>657<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>a 1<span class=\"_ _0\"></span>9,<span class=\"_ _0\"></span>5% <span class=\"_ _0\"></span>do </span></span></span>in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to r<span class=\"_ _0\"></span>eal<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>, m<span class=\"_ _0\"></span>edia<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to, <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> 3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>25, <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> obj<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>os c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>lme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Este<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ubs\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e1 a <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhec<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m 2<span class=\"_ _0\"></span>0 a<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>38, <span class=\"_ _0\"></span>na pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>or\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>ia\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> emb<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>este<span class=\"_ _0\"></span>ja <span class=\"_ _0\"></span>j\u00e1<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>iliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>otal<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>esde<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>18<span class=\"_ _0\"></span>. Ince<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>pans<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>f\u00e1b<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>Cac<span class=\"_ _0\"></span>ia Em <span class=\"_ _0\"></span>18<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>unh<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>014<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> Pu<span class=\"_ _0\"></span>lp <span class=\"_ _0\"></span>Avei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A. <span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> AICE<span class=\"_ _3b\"></span>P <span class=\"ff9\">\u2013</span> Ag\u00ea<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>o In<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>e C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>\u00e9r<span class=\"_ _0\"></span>cio <span class=\"_ _0\"></span>Ex<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tug<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>ois<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de nat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>scal<span class=\"_ _0\"></span>, te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>oio <span class=\"_ _0\"></span>ao<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>move<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>uel<span class=\"_ _0\"></span>a em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esa <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>pans<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>\u00e1bri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> A<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>ro,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> o mo<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 4<span class=\"_ _0\"></span>9,3<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>\u00f5es <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> eur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>.  Os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 9.<span class=\"_ _0\"></span>26<span class=\"_ _0\"></span>4 mi<span class=\"_ _0\"></span>lh\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> eur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntiv<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ols<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _0\"></span>el e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 5<span class=\"_ _0\"></span>.64<span class=\"_ _0\"></span>4 m<span class=\"_ _0\"></span>ilh\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> eu<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>vo f<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>cal.<span class=\"_ _0\"></span> Es<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>st\u00e1<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>talm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> util<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sde<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>16 <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>\u00e1 re<span class=\"_ _0\"></span>gul<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>\u00e9 2<span class=\"_ _0\"></span>03<span class=\"_ _0\"></span>4. <span class=\"_ _0\"></span>O c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>trat<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>pr\u00e9<span class=\"_ _0\"></span>mio<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>j\u00e1<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>hec<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> \u00e0 c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>s\u00e3<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>ree<span class=\"_ _0\"></span>mbo<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span> atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>o, e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cent<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ree<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ols\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a<span class=\"ff9\">t\u00e9<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>mit<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span> 7<span class=\"_ _0\"></span>5%<span class=\"_ _0\"></span> (\u20ac6<span class=\"_ _0\"></span>.9<span class=\"_ _0\"></span>47.4<span class=\"_ _0\"></span><span class=\"ff1\">50<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> med<span class=\"_ _0\"></span>iant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o </span></span>cum<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>obj<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s def<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>\u00e9 3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span><span class=\"ls10\">. <span class=\"ls0\"> </span></span>Ince<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>roj<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o F<span class=\"_ _0\"></span>orn<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a C<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Set\u00fa<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>l No<span class=\"_ _0\"></span> \u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Rot<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Neu<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>arb<span class=\"_ _0\"></span>\u00f3ni<span class=\"_ _0\"></span>ca,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>za <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Uni<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>Eur<span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ia, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>apoi<span class=\"_ _3b\"></span>o ao i<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>esti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o a r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Pul<span class=\"_ _0\"></span>p S<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>\u00faba<span class=\"_ _0\"></span>l n<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o for<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>f\u00e1br<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>asta<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e Set<span class=\"_ _0\"></span>\u00fab<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e to<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>esti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac<span class=\"_ _0\"></span>7.50<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>000<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>O in<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntiv<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>\u00e1xi<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> </span>apr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>\u20ac4<span class=\"_ _0\"></span>.488<span class=\"_ _0\"></span>.04<span class=\"_ _0\"></span>6 e<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>r\u00e1<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>rav\u00e9<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>che<span class=\"_ _0\"></span> \u00fa<span class=\"_ _0\"></span>nic<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ree<span class=\"_ _0\"></span>mbo<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span>, no <span class=\"_ _0\"></span>m\u00e1x<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> ter<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> equ<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o. Pla<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>sil<span class=\"_ _0\"></span>i\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>st\u00e1<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> qua<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>o A<span class=\"_ _0\"></span>gend<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra a<span class=\"_ _0\"></span> Ino<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ial <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>cup<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>sili<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> (PR<span class=\"_ _0\"></span>R)<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>av\u00e9s<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span><span class=\"ff9\">\u20ac<span class=\"ff1\">9<span class=\"_ _0\"></span>1,8 <span class=\"_ _0\"></span>mil<span class=\"_ _0\"></span>h\u00f5<span class=\"_ _0\"></span>es.<span class=\"_ _0\"></span> O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>, at<span class=\"_ _0\"></span>rav<span class=\"_ _0\"></span>\u00e9s<span class=\"_ _0\"></span> </span></span>da <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Pape<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Se<span class=\"_ _0\"></span>t\u00fab<span class=\"_ _0\"></span>al, S<span class=\"_ _0\"></span>.A.<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Age<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> \u201cF<span class=\"_ _0\"></span>rom<span class=\"_ _0\"></span> F<span class=\"_ _0\"></span>oss<span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>Fo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t\u201d <span class=\"_ _0\"></span>(FF<span class=\"_ _0\"></span>2F)<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ual <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> gr<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>p\u00f3s<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>senv<span class=\"_ _0\"></span>olvi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>gam<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>olu<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ala<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> cen<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s </span></span>na <span class=\"_ _0\"></span>mar<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>gK<span class=\"_ _0\"></span>RA<span class=\"_ _0\"></span>FT <span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>\u00e7ad<span class=\"_ _0\"></span>a em<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1 <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> e <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>lul<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>cro<span class=\"_ _0\"></span>fib<span class=\"_ _0\"></span>ril<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>o </span></span>de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>vim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>edad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ec\u00e2<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> e d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>bar<span class=\"_ _0\"></span>rei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>unci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>(a <span class=\"_ _0\"></span>gor<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>a l\u00edq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>dos,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>outr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>) ne<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s. N<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>tot<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo <span class=\"_ _0\"></span>ben<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ar\u00e1<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ce<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac<span class=\"_ _0\"></span><span class=\"ff1\">25<span class=\"_ _0\"></span>,9 mi<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> </span></span>de<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>oio<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esta<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> PR<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span> (C5<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013</span> <span class=\"_ _0\"></span>Cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o e <span class=\"_ _0\"></span>Inov<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sar<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l).<span class=\"_ _0\"></span>  Dur<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpre<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>nom<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>dame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Pap<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> Se<span class=\"_ _0\"></span>tub<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> S.A.<span class=\"_ _0\"></span>, N<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r P<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>p S<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>\u00fabal<span class=\"_ _0\"></span>, S.<span class=\"_ _0\"></span>A.,<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Pap<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>eira<span class=\"_ _0\"></span>, S.<span class=\"_ _0\"></span>A.,<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Pu<span class=\"_ _0\"></span>lp<span class=\"_ _0\"></span> Fig<span class=\"_ _0\"></span>uei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>, S.A.<span class=\"_ _0\"></span>, N<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r P<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>p A<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>, S.<span class=\"_ _0\"></span>A. e<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> T<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>Ave<span class=\"_ _0\"></span>iro,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A., <span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> can<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a ao<span class=\"_ _0\"></span> \u00ab<span class=\"_ _0\"></span>Apo<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>\u00e0 De<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>oniz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Ind\u00fa<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a\u00bb <span class=\"_ _0\"></span>do P<span class=\"_ _0\"></span>RR<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span> Es<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>apo<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>enq<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>ra-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>num<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>mpo<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> 11<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>C11<span class=\"_ _0\"></span>) d<span class=\"_ _0\"></span>o P<span class=\"_ _0\"></span>RR,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntri<span class=\"_ _0\"></span>buir<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>b\u00f3ni<span class=\"_ _0\"></span>ca,<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>move<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rg\u00e9<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ca p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>da e<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ci\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>g\u00e9t<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>o apo<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gias<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>v\u00e1v<span class=\"_ _0\"></span>eis,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>enf<span class=\"_ _0\"></span>oq<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>roc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>tec<span class=\"_ _0\"></span>nol<span class=\"_ _0\"></span>ogi<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> bai<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span> car<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>\u00fas<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>a, n<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>fici<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>rg\u00e9<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>\u00fastr<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>corp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>font<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nov\u00e1<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span> ar<span class=\"_ _0\"></span>maz<span class=\"_ _0\"></span>ena<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gia<span class=\"_ _0\"></span>. M<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te,<span class=\"_ _0\"></span> o m<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> foi<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>uma <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>fas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>can<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ra,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> \u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or Tis<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e R<span class=\"_ _0\"></span>od\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ntou<span class=\"_ _0\"></span>, \u00e0<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>an\u00e7<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nju<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>neu<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>carb<span class=\"_ _0\"></span>\u00f3n<span class=\"_ _0\"></span>ica.<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ra,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> \u00e2m<span class=\"_ _0\"></span>bit<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>esta<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span><span class=\"ff9\">\u20ac<span class=\"ff1\">17<span class=\"_ _0\"></span>6,<span class=\"_ _0\"></span>2 mi<span class=\"_ _0\"></span>lh\u00f5e<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r q<span class=\"_ _0\"></span>ue e<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m </span></span>\u20ac<span class=\"ff1\">6<span class=\"_ _0\"></span>6,8<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ilh<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span><span class=\"ls10\">. <span class=\"ls0\"> </span></span></span>Ain<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span>, as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> sua<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>PRR<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00e0 \u00abR<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>e N<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l de<span class=\"_ _0\"></span> Te<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span> Be<span class=\"_ _0\"></span>d\u00bb<span class=\"_ _0\"></span>, es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>\u00fal<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>isan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ia\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span> nac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>erv<span class=\"_ _0\"></span>i\u00e7o<span class=\"_ _0\"></span>s \u00e0s <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>vim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> e t<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> nov<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s e se<span class=\"_ _0\"></span>rvi<span class=\"_ _0\"></span>\u00e7os<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>A ca<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>atur<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>envo<span class=\"_ _0\"></span>lv<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>inv<span class=\"_ _0\"></span>esti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"ff9\">\u20ac2<span class=\"_ _0\"></span>,2<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>lh\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>e<span class=\"ff1\"> <span class=\"_ _0\"></span>foi <span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>rova<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> </span></span>do<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>IAPME<span class=\"_ _3b\"></span>I dec<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>trib<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>ulp <span class=\"_ _0\"></span>Fi<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac<span class=\"_ _0\"></span>1,4<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ilh<span class=\"_ _0\"></span>\u00f5es.<span class=\"_ _0\"></span><span class=\"ff1\">  </span></span>A p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>PRR<span class=\"_ _0\"></span> s\u00f3<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>ca,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tici<span class=\"_ _0\"></span>pa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> RAIZ<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> 12<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>RR,<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>\u00e0 B<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onom<span class=\"_ _0\"></span>ia,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> tem<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zar<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span> <span class=\"ff9 ls16\">\u20ac1</span>,7<span class=\"_ _0\"></span> mil<span class=\"_ _0\"></span>h\u00f5es<span class=\"_ _0\"></span> <span class=\"ls12\">e </span>at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac<span class=\"_ _0\"></span><span class=\"ff1\">1,4 <span class=\"_ _0\"></span>mil<span class=\"_ _0\"></span>h\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>enti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>eler<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>, em<span class=\"_ _0\"></span> </span></span>par<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>o C<span class=\"_ _0\"></span>ITEVE<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>52<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>otor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>ia\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or acr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>part<span class=\"_ _0\"></span>ir <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>sos<span class=\"_ _0\"></span> bi<span class=\"_ _0\"></span>ol\u00f3<span class=\"_ _0\"></span>gic<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m al<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ativa<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>f\u00f3s<span class=\"_ _0\"></span>sil,<span class=\"_ _0\"></span> mas<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>eix<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ando<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>adr<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uali<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>orte<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>dife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>do.<span class=\"_ _0\"></span>  Subs\u00eddios ao inve<span class=\"_ _1\"></span>stimento reembo<span class=\"_ _1\"></span>ls\u00e1veis <span class=\"_ _1\"></span> Em <span class=\"_ _0\"></span>13<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>7, a<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor <span class=\"_ _0\"></span>Ti<span class=\"_ _0\"></span>ssue<span class=\"_ _0\"></span> Av<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ro,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span>u u<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>AICE<span class=\"_ _0\"></span>P, <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>a f\u00e1<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>e<span class=\"ff1\"> <span class=\"_ _0\"></span>em A<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>. Es<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> </span></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ompr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>ncen<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sob <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>mbol<span class=\"_ _0\"></span>s\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>clui<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ar\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ois<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> m\u00e1x<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e \u20ac4<span class=\"_ _0\"></span>2.1<span class=\"_ _0\"></span>66<span class=\"_ _0\"></span>.<span class=\"ff1\">636<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spon<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>35<span class=\"_ _0\"></span>% s<span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e da<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>leg<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>, as<span class=\"_ _0\"></span> </span>qu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mara<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>120<span class=\"_ _0\"></span>.4<span class=\"_ _0\"></span>76 <span class=\"_ _0\"></span>mil<span class=\"_ _0\"></span>h\u00f5<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>. A <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> sa<span class=\"_ _0\"></span>ldo <span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>s\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>s\u00e1ve<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>conc<span class=\"_ _0\"></span>edid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>asc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>\u20ac2.1<span class=\"_ _0\"></span>08<span class=\"_ _0\"></span>.33<span class=\"_ _0\"></span>2.<span class=\"ff1\"> </span>Foi<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>mes<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>20 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> abr<span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>18<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ui\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>um in<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>o me<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>fini<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> 31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>8, <span class=\"_ _0\"></span>cuj<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> m<span class=\"ff9\">\u00e1<span class=\"_ _0\"></span>ximo<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>\u00e1 de<span class=\"_ _0\"></span> \u20ac<span class=\"_ _0\"></span>11.<span class=\"_ _0\"></span>515<span class=\"_ _0\"></span>.<span class=\"ff1\">87<span class=\"_ _0\"></span>0,<span class=\"_ _0\"></span> </span></span>cor<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>onde<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a 1<span class=\"_ _0\"></span>0% <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>roj<span class=\"_ _0\"></span>eto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>(ve<span class=\"_ _0\"></span>r N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 5.<span class=\"_ _0\"></span>7)<span class=\"_ _0\"></span>. Est<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>t\u00e1 <span class=\"_ _0\"></span>tot<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sd<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>019<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ser\u00e1<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s, e<span class=\"_ _0\"></span>m m\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>dura<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>4 <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>at\u00e9 2<span class=\"_ _0\"></span>04<span class=\"_ _0\"></span>3. N\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>stem<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ondi<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> sat<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>fei<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>tras<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>\u00eanci<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>gad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>apoi<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>name<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>al qu<span class=\"_ _0\"></span>e t<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ham<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>do r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>hec<span class=\"_ _0\"></span>idas,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ator<span class=\"_ _3b\"></span> a cu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>rir<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>cond<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m o p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>. Pol\u00edticas Contabil\u00edsticas Sub<span class=\"_ _0\"></span>s\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>inv<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bs\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao i<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>esti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> o o<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>uado<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>ng\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>clui<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo c<span class=\"_ _0\"></span>r\u00e9d<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fis<span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>s, s\u00e3o<span class=\"_ _0\"></span> cl<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo <span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>ndim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 4.3<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013</span> <span class=\"_ _0\"></span>Val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ar) <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>hec<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>os em<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> du<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>a \u00fat<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span> esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>sidi<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o \u00e0 d<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>(No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>3.<span class=\"_ _0\"></span>7),<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> efe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> apre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>. Sub<span class=\"_ _0\"></span>s\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>inv<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>mbo<span class=\"_ _0\"></span>ls\u00e1<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>is Os <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bs\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>obt<span class=\"_ _0\"></span>idos<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>rno<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>sob<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ui\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mos <span class=\"_ _0\"></span>ree<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ols<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>a tax<span class=\"_ _0\"></span>a b<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>da,<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tado<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>heci<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> bas<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ibui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tui<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bs\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span> a amo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ar p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9sti<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u do<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>ja<span class=\"_ _0\"></span> aqu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tend<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anci<span class=\"_ _0\"></span>ar, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e as <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span> Est<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>clu\u00ed<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a ru<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>ntos<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>dos (N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 5.<span class=\"_ _0\"></span>7<span class=\"lsd\">).</span> O<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>subs<span class=\"_ _0\"></span>\u00eddi<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>cebi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s s\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ssif<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o na<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>uxo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a. 3.6.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>so </span></span>Movimentos em ativos sob direito d<span class=\"_ _0\"></span>e uso<span class=\"_ _1\"></span> Outros Terrenos Licen\u00e7as de ativos  Valores em Euros<span class=\"_ _1\"></span> florestais Edif\u00edcios Viaturas software de loca\u00e7\u00e3o Total Valor bruto Saldo em 1 de janeir<span class=\"_ _1\"></span>o de 2021<span class=\"_ _1\"></span> 46.847.021 <span class=\"_ _1\"></span> 4.651.039  6.907.139  360.588  5.347.975  64.113.762 <span class=\"_ _1\"></span> Aquisi\u00e7\u00f5es<span class=\"_ _1\"></span> 3.509.715 <span class=\"_ _1\"></span> 4.016  1.663.898 <span class=\"_ _1\"></span> 963.772  1.307.301 <span class=\"_ _1\"></span> 7.448.703 <span class=\"_ _1\"></span> Regulariza\u00e7\u00f5es,<span class=\"_ _1\"></span> transfer\u00eancias e<span class=\"_ _1\"></span> abates<span class=\"_ _1\"></span> (435.469) -  (23.409) -  -  (458.878) Saldo em 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2021 49.921.267 <span class=\"_ _1\"></span> 4.655.055  8.547.629  1.324.360  6.655.276  71.103.587 <span class=\"_ _1\"></span> Aquisi\u00e7\u00f5es<span class=\"_ _1\"></span> 8.908.831 <span class=\"_ _1\"></span> -  3.030.685 <span class=\"_ _1\"></span> 232.253  2.765.111 <span class=\"_ _1\"></span> 14.936.880 <span class=\"_ _1\"></span> Regulariza\u00e7\u00f5es,<span class=\"_ _1\"></span> transfer\u00eancias e<span class=\"_ _1\"></span> abates<span class=\"_ _1\"></span> -  -  (353) -  -  (353) Saldo em 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2022 58.830.098 <span class=\"_ _1\"></span> 4.655.055  11.577.960 <span class=\"_ _1\"></span> 1.556.613  9.420.387  86.040.113 <span class=\"_ _1\"></span> Deprecia\u00e7\u00f5es e<span class=\"_ _1\"></span> perdas por i<span class=\"_ _1\"></span>mparidade -  acumuladas Saldo em 1 de janeir<span class=\"_ _1\"></span>o de 2021<span class=\"_ _1\"></span> (6.180.742)<span class=\"_ _1\"></span> (1.369.284)<span class=\"_ _1\"></span> (3.684.538)<span class=\"_ _1\"></span> (164.312) (887.884) (12.286.761)<span class=\"_ _1\"></span> Deprecia\u00e7\u00f5es<span class=\"_ _1\"></span> (3.066.093) (515.764) (1.798.084) (501.199) (1.835.865) (7.717.005) Regulariza\u00e7\u00f5es,<span class=\"_ _1\"></span> transfer\u00eancias e<span class=\"_ _1\"></span> abates<span class=\"_ _1\"></span> 93.139  -  -  -  -  93.139  Saldo em 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2021 (9.153.696)<span class=\"_ _1\"></span> (1.885.048)<span class=\"_ _1\"></span> (5.482.622)<span class=\"_ _1\"></span> (665.511) (2.723.749)<span class=\"_ _1\"></span> (19.910.627)<span class=\"_ _1\"></span> Deprecia\u00e7\u00f5es<span class=\"_ _1\"></span> (3.668.067) (515.900) (1.799.398) (448.066) (1.763.568) (8.194.999) Regulariza\u00e7\u00f5es,<span class=\"_ _1\"></span> transfer\u00eancias e<span class=\"_ _1\"></span> abates<span class=\"_ _1\"></span> - - 353 <span class=\"ls0\"> </span>- - 353 <span class=\"ls0\"> </span>Saldo em 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2022 (12.821.763)<span class=\"_ _1\"></span> (2.400.948)<span class=\"_ _1\"></span> (7.281.667)<span class=\"_ _1\"></span> (1.113.577)<span class=\"_ _1\"></span> (4.487.317)<span class=\"_ _1\"></span> (28.105.273)<span class=\"_ _1\"></span> Valor l\u00edquido em 1 d<span class=\"_ _1\"></span>e janeiro d<span class=\"_ _1\"></span>e 2021<span class=\"_ _1\"></span> 40.666.279 <span class=\"_ _1\"></span> 3.281.755  3.222.601  196.276  4.460.091  51.827.001 <span class=\"_ _1\"></span> Valor l\u00edquido em 3<span class=\"_ _1\"></span>1 de dez<span class=\"_ _1\"></span>embro de <span class=\"_ _1\"></span><span class=\"ls2b\">2021</span> 40.767.570 <span class=\"_ _1\"></span> 2.770.007  3.065.007  658.849  3.931.527  51.192.959 <span class=\"_ _1\"></span> Valor l\u00edquido em 3<span class=\"_ _1\"></span>1 de dez<span class=\"_ _1\"></span>embro de 2022<span class=\"_ _1\"></span> 46.008.334 <span class=\"_ _1\"></span> 2.254.107  4.296.293  443.036  4.933.070  57.934.840 <span class=\"_ _1\"></span> A r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>Ter<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>pei<span class=\"_ _0\"></span>ta,<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>lme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>irei<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>eno<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a ex<span class=\"_ _0\"></span>plo<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>stal<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ntes,<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ujo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>trat<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> t\u00ea<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>habi<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>lme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> dur<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 24 a<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span>, po<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r c<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>tec<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>dam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>.\u00ba <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>flor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> oc<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> 24.\u00ba<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>o. A r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>Edi<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nde <span class=\"_ _0\"></span>ao<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>leb<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>a T<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r Com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>y,<span class=\"_ _0\"></span> S.A<span class=\"_ _0\"></span>. e<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>os <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> So<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>Ge<span class=\"_ _0\"></span>stor<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Fun<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Inve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> Im<span class=\"_ _0\"></span>obi<span class=\"_ _0\"></span>li\u00e1r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span> </span></span>re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> ed<span class=\"_ _0\"></span>if\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>na A<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>a F<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> Pe<span class=\"_ _0\"></span>rei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Mel<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>Li<span class=\"_ _0\"></span>sbo<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>iza\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo es<span class=\"_ _0\"></span>cri<span class=\"_ _0\"></span>t\u00f3ri<span class=\"_ _0\"></span>o. A r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>outr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>clui<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> alu<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>mpi<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>cele<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esd<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2020<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>uxo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>amo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>tos d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>m \u00e0<span class=\"_ _0\"></span> amo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> \u20ac6.<span class=\"_ _0\"></span>53<span class=\"_ _0\"></span>6.7<span class=\"_ _0\"></span>57<span class=\"_ _0\"></span> e j<span class=\"_ _3b\"></span>uros <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>\u20ac2.<span class=\"_ _0\"></span>300<span class=\"_ _0\"></span>.66<span class=\"_ _0\"></span>5 <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 5.1<span class=\"_ _0\"></span>1)<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>tota<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>e \u20ac8<span class=\"_ _0\"></span>.8<span class=\"ff1\">3<span class=\"_ _0\"></span>7.<span class=\"_ _0\"></span>422<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>onf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>me <span class=\"_ _0\"></span>apre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de Fl<span class=\"_ _0\"></span>ux<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Cai<span class=\"_ _0\"></span>xa.<span class=\"_ _0\"></span> </span>Pol\u00edticas Contabil\u00edsticas Na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>gor <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o, <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>hece<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>sob<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>rei<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> uso<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> ini<span class=\"_ _0\"></span>cial <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ivo <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> loc<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>aju<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>: i)<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s; <span class=\"_ _0\"></span>ii)<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00e0 l<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>a\u00e7\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>bido<span class=\"_ _0\"></span>s;<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> iii)<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>dire<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span>  Ao <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>b <span class=\"_ _0\"></span>dire<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>uso,<span class=\"_ _0\"></span> pod<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00e1 <span class=\"_ _0\"></span>acre<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>emo<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>/ou <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>aura<span class=\"_ _0\"></span>r o<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>ja<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>e/<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> o l<span class=\"_ _0\"></span>ocal<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>nde <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> exi<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span> O a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>b di<span class=\"_ _0\"></span>rei<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> us<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>\u00e9t<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>near<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>a dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> at\u00e9 <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>inal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>\u00fat<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span>. Adi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>alme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>ob d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>uso <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xist<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>em,<span class=\"_ _0\"></span> e aju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or e<span class=\"_ _3b\"></span>vent<span class=\"_ _0\"></span>uais<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>ca\u00e7\u00e3<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span>A v<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a \u00fa<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>da cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>b di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> ig<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> \u00e0<span class=\"_ _0\"></span> vid<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>\u00fatil<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fix<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>ng\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s (N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>.3)<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span> cl<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>se q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>te o<span class=\"_ _0\"></span>p\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> esp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>rc\u00ea<span class=\"_ _0\"></span>-la. Loca<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s de <span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>ta du<span class=\"_ _0\"></span>ra\u00e7\u00e3<span class=\"_ _0\"></span>o e <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ca\u00e7\u00f5es<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de va<span class=\"_ _0\"></span>lor r<span class=\"_ _0\"></span>edu<span class=\"_ _0\"></span>zid<span class=\"_ _0\"></span>o<span class=\"ff1 fsa fc6\"> </span>O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ce o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de l<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s ig<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> inf<span class=\"_ _0\"></span>erio<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>a 12<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s <span class=\"ff9\">de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>cuj<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aqui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>div<span class=\"_ _0\"></span>idu<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>seja<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nfer<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> \u20ac5<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0 d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>etam<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o </span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>erc\u00ed<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>o (<span class=\"_ _0\"></span>Not<span class=\"_ _0\"></span>a 2<span class=\"_ _0\"></span>.3)<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> lin<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>r. 3.7.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Depr<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>amo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es </span></span>e p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Deprecia\u00e7\u00f5es de at<span class=\"_ _1\"></span>ivos f<span class=\"_ _1\"></span>ixos tang\u00edveis do per<span class=\"_ _1\"></span>\u00edodo (Nota 3.3)<span class=\"_ _1\"></span> 156.458.558 <span class=\"_ _1\"></span> 118.371.406 <span class=\"_ _1\"></span> Utiliza\u00e7\u00e3o de subs<span class=\"_ _1\"></span>\u00eddios ao inve<span class=\"_ _1\"></span>stimento (Nota 3.5<span class=\"_ _1\"></span>)<span class=\"_ _1\"></span> (3.398.204) (4.102.577) Deprecia\u00e7\u00f5es d<span class=\"_ _1\"></span>e ativos fixos ta<span class=\"_ _1\"></span>ng\u00edveis, l\u00edquid<span class=\"_ _1\"></span>os de subs\u00eddios <span class=\"_ _1\"></span>utilizados<span class=\"_ _45\"></span> 153.060.354 <span class=\"_ _1\"></span> 114.268.829 <span class=\"_ _1\"></span> Amortiza\u00e7\u00f5es em a<span class=\"_ _1\"></span>tivos intang<span class=\"_ _1\"></span>\u00edveis do p<span class=\"_ _1\"></span>er\u00edodo (Nota 3.2)<span class=\"_ _1\"></span> 20.579  11.864  Deprecia\u00e7\u00f5es d<span class=\"_ _1\"></span>e ativos de dire<span class=\"_ _1\"></span>ito de uso do per\u00ed<span class=\"_ _1\"></span>odo (Nota 3.6<span class=\"_ _1\"></span>)<span class=\"_ _1\"></span> 8.194.999  7.717.005  Imparidades em pr<span class=\"_ _1\"></span>opriedades de<span class=\"_ _1\"></span> investimento<span class=\"_ _1\"></span> (Nota 3.4)<span class=\"_ _1\"></span> 1.646  1.646  161.277.579 <span class=\"_ _1\"></span> 121.999.345 <span class=\"_ _1\"></span> O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>ma r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> t\u00e9<span class=\"_ _0\"></span>cni<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>aval<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>is,<span class=\"_ _0\"></span> bem<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s ao<span class=\"_ _0\"></span> n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>\u00fatei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span> Dur<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lici<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>seus<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> ent<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> a v<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a \u00fa<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> a ob<span class=\"_ _0\"></span>sole<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia <span class=\"_ _0\"></span>fun<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>O e<span class=\"_ _0\"></span>stud<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>uado<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>\u00e9c<span class=\"_ _0\"></span>nica<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ivos<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s ce<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, on<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>urab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>t\u00e9c<span class=\"_ _0\"></span>nica<span class=\"_ _0\"></span>, f<span class=\"_ _0\"></span>\u00eds<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>tec<span class=\"_ _0\"></span>nol<span class=\"_ _0\"></span>\u00f3gi<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s eq<span class=\"_ _0\"></span>uip<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os.<span class=\"_ _0\"></span>  Ten<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or b<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>os, <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>como<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>inte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>23-<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>27 <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>sos<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>sum<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>os no <span class=\"_ _0\"></span>\u00e2mb<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o P<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>car<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>niz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>roj<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to a<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>Plan<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>cup<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>sili<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> (PR<span class=\"_ _0\"></span>R)<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>nos t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>s da<span class=\"_ _0\"></span> IAS <span class=\"_ _0\"></span>8,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>a \u00fa<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>pec<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ced<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> \u00e0 r<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a \u00fati<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>er\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a 1<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> jan<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22, <span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>u u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>aume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e \u20ac3<span class=\"_ _0\"></span>6,8<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ilh<span class=\"_ _0\"></span>\u00f5es <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> exe<span class=\"_ _0\"></span>rc\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>m\u00e9d<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>de, apr<span class=\"_ _0\"></span>ox<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte,<span class=\"_ _0\"></span> 7<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a \u00fa<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>era\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span><span class=\"ls29\">na<span class=\"ls0\">s d<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o ex<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>c\u00edc<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> </span></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> exe<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>enta<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: 2027 e Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2023<span class=\"ls0\"> </span>2024<span class=\"ls0\"> </span>2025<span class=\"ls0\"> </span>2026<span class=\"ls0\"> </span>seguintes Aumento / (redu\u00e7\u00e3o<span class=\"_ _1\"></span>) nas (36.814.312) (6.310.865) (4.041.086) (2.453.235)<span class=\"_ _1\"></span> 1.911.861 <span class=\"_ _1\"></span> 47.707.636 <span class=\"_ _1\"></span> deprecia\u00e7\u00f5es e amort<span class=\"_ _1\"></span>iza\u00e7\u00f5es<span class=\"_ _1\"></span> 3.8.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>l\u00f3<span class=\"_ _0\"></span>gico<span class=\"_ _0\"></span>s </span></span>Movimentos em ativos biol\u00f3gicos Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Saldo inicial<span class=\"_ _1\"></span> 147.324.061 <span class=\"_ _1\"></span> 148.584.451 <span class=\"_ _1\"></span> Cortes efetuados <span class=\"_ _1\"></span> (19.268.187) (25.277.834)<span class=\"_ _1\"></span> Crescimento<span class=\"_ _1\"></span> 22.077.444 <span class=\"_ _1\"></span> 19.653.667 <span class=\"_ _1\"></span> Novas planta\u00e7\u00f5es e<span class=\"_ _1\"></span> replanta\u00e7\u00f5es (ao cu<span class=\"_ _1\"></span>sto)<span class=\"_ _1\"></span> 4.241.964 <span class=\"_ _1\"></span> 3.313.648 <span class=\"_ _1\"></span> Outras varia\u00e7\u00f5es<span class=\"_ _1\"></span> de justo valor<span class=\"_ _1\"></span> - Altera\u00e7\u00e3o do <span class=\"_ _1\"></span>pre\u00e7o da madeira<span class=\"_ _1\"></span> 23.872.905 <span class=\"_ _1\"></span> -  - Altera\u00e7\u00e3o da taxa<span class=\"_ _1\"></span> de custo de ca<span class=\"_ _1\"></span>pital (28.053.077) 1.212.800 <span class=\"_ _1\"></span> - Impacto dos <span class=\"_ _1\"></span>inc\u00eandios (31.633) (68.794) - Varia\u00e7\u00e3o nas outra<span class=\"_ _1\"></span>s esp\u00e9cies<span class=\"_ _1\"></span> (4.938.867) -  - Custos de log<span class=\"_ _1\"></span>\u00edstica de transp<span class=\"_ _1\"></span>orte (2.076.774) (2.417.700) - Custos fixos de estrutu<span class=\"_ _1\"></span>ra (9.396.335) -  - Outras altera\u00e7\u00f5es<span class=\"_ _1\"></span> de expectati<span class=\"_ _1\"></span>va (11.251.626) 2.323.823 <span class=\"_ _1\"></span> Total de va<span class=\"_ _1\"></span>ria\u00e7\u00f5es (24.824.186)<span class=\"_ _1\"></span> (1.260.390)<span class=\"_ _1\"></span> Saldo final 122.499.875 <span class=\"_ _1\"></span> 147.324.061 <span class=\"_ _1\"></span> Re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>\u00e0 f<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>de M<span class=\"_ _0\"></span>o\u00e7a<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>ue,<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>i ini<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>lhe<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>adei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as pl<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>cel<span class=\"_ _0\"></span> Mo<span class=\"_ _0\"></span>\u00e7amb<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Ma<span class=\"_ _0\"></span>nic<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xpo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>da B<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>miti<span class=\"_ _0\"></span>r\u00e1,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> obj<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Mo\u00e7a<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>que <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>pa <span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>ind\u00fa<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>stal<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span>o l<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>go <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2, <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> col<span class=\"_ _0\"></span>hid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>0 m3<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>made<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sido<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>\u00eas<span class=\"_ _0\"></span> emb<span class=\"_ _0\"></span>arq<span class=\"_ _0\"></span>ues<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a P<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tug<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>100<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0 <span class=\"_ _0\"></span>m3. O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ord<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>IAS 4<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>mad<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>aque<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> ten<span class=\"_ _0\"></span>ham<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>cifi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>ss\u00e1<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>para<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>\u00e1xim<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ndim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>n\u00e7\u00e3<span class=\"_ _0\"></span>o da <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>, da<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sidad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e fo<span class=\"_ _0\"></span>rne<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>. Ti<span class=\"_ _0\"></span>pic<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m P<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>uga<span class=\"_ _0\"></span>l a<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span> a s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>uri<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> 8 e<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>2 a<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>send<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a es<span class=\"_ _0\"></span>p\u00e9<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>, b<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s ed<span class=\"_ _0\"></span>afo<span class=\"_ _0\"></span>cli<span class=\"_ _0\"></span>m\u00e1t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span> Os<span class=\"_ _0\"></span> dad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> flo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ta,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>u p<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>enci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>\u00e3o a<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> dua<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>lon<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eu c<span class=\"_ _0\"></span>icl<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>sci<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> A <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>zem<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2022<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>avam<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>48<span class=\"_ _0\"></span>% (<span class=\"_ _0\"></span>48%<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 31<span class=\"_ _0\"></span>/1<span class=\"_ _0\"></span>2/<span class=\"_ _0\"></span>2021<span class=\"_ _0\"></span>) d<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r em<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>it\u00f3r<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>nac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>esmo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>oriz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ao j<span class=\"_ _3b\"></span>usto <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>. O d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>he d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os b<span class=\"_ _0\"></span>iol<span class=\"_ _0\"></span>\u00f3gi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span><span class=\"ls93\">31<span class=\"ls0\"> <span class=\"lsd\">de </span>d<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 <span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>021 <span class=\"_ _0\"></span><span class=\"ls12\">\u00e9 </span></span></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>p\u00e9ci<span class=\"_ _0\"></span>e: Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Eucalipto (Portuga<span class=\"_ _1\"></span>l) 93.301.990 <span class=\"_ _1\"></span> 113.826.448 <span class=\"_ _1\"></span> Eucalipto (Espanh<span class=\"_ _1\"></span>a) 2.932.530 <span class=\"_ _1\"></span> -  Pinho (Portugal<span class=\"_ _1\"></span>) 8.149.506 <span class=\"_ _1\"></span> 6.697.561 <span class=\"_ _1\"></span> Sobreiro (Portuga<span class=\"_ _1\"></span>l) 819.980  6.268.821 <span class=\"_ _1\"></span> Outras esp\u00e9cies (<span class=\"_ _1\"></span>Portugal)<span class=\"_ _1\"></span> 73.108  1.015.078 <span class=\"_ _1\"></span> Eucalipto (Mo\u00e7a<span class=\"_ _1\"></span>mbique)<span class=\"_ _1\"></span> 17.222.761 <span class=\"_ _1\"></span> 19.516.153 <span class=\"_ _1\"></span> 122.499.875 <span class=\"_ _1\"></span> 147.324.061 <span class=\"_ _1\"></span> O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> ini<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>b\u00e9m<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>exp<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ilv<span class=\"_ _0\"></span>\u00edc<span class=\"_ _0\"></span>ola <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Esp<span class=\"_ _0\"></span>anh<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>opr<span class=\"_ _0\"></span>iame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>na r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da Gal<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>ro. A d<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ui\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or d<span class=\"_ _0\"></span>o S<span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ro e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>sp\u00e9<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>nor<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>v\u00e2n<span class=\"_ _0\"></span>cia)<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>, es<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>lme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>os a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>te,<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ega <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ansp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>te. Est<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>pur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>fun\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>xt<span class=\"_ _0\"></span>ra\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00f5e<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> cor<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>onde<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>\u00e0s <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>cta<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>utur<span class=\"_ _0\"></span>a: Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21  Eucalipto (Portuga<span class=\"_ _1\"></span>l) - Potenc<span class=\"_ _1\"></span>ial Futuro de e<span class=\"_ _1\"></span>xtra\u00e7\u00f5es de madeira<span class=\"_ _1\"></span> k m3ssc <span class=\"_ _1\"></span> 10.371  10.207   Eucalipto (Espanha<span class=\"_ _1\"></span>) - Poten<span class=\"_ _1\"></span>cial Futuro de e<span class=\"_ _1\"></span>xtra\u00e7\u00f5es de made<span class=\"_ _1\"></span>ira k m3ssc <span class=\"_ _1\"></span> 207 <span class=\"ls0\"> </span>-   Resinosas (Portuga<span class=\"_ _1\"></span>l) - Potenc<span class=\"_ _1\"></span>ial Futuro de e<span class=\"_ _1\"></span>xtra\u00e7\u00f5es de made<span class=\"_ _1\"></span>ira k ton <span class=\"_ _1\"></span> 309 <span class=\"ls0\"> </span>311 <span class=\"ls0\"> </span> Resinosas (Portuga<span class=\"_ _1\"></span>l) - Potenc<span class=\"_ _1\"></span>ial Futuro de e<span class=\"_ _1\"></span>xtra\u00e7\u00f5es de pinhas<span class=\"_ _1\"></span> k ton <span class=\"_ _1\"></span> n/a n/a  Sobreiro (Portuga<span class=\"_ _1\"></span>l) - Poten<span class=\"_ _1\"></span>cial Futuro de e<span class=\"_ _1\"></span>xtra\u00e7\u00f5es de cort<span class=\"_ _1\"></span>i\u00e7a k @ <span class=\"_ _1\"></span> 563 <span class=\"ls0\"> </span>461 <span class=\"ls0\"> </span> Eucalipto (Mo\u00e7am<span class=\"_ _1\"></span>bique) -<span class=\"_ _1\"></span> Potencial Futuro de <span class=\"_ _1\"></span>extra\u00e7\u00f5es<span class=\"_ _1\"></span> de madeira k m3ss<span class=\"_ _1\"></span>c 4.451  2.758  No<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>diz<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spei<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ucal<span class=\"_ _0\"></span>ipt<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo b<span class=\"_ _0\"></span>iol<span class=\"_ _0\"></span>\u00f3gi<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xpr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tra\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>oram<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xtr<span class=\"_ _0\"></span>a\u00edd<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> 512.<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>2 m<span class=\"_ _0\"></span>3s<span class=\"_ _0\"></span>sc <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>mad<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> mat<span class=\"_ _0\"></span>as de<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>exp<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> (3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span><span class=\"ls93\">21<span class=\"lsd\">: <span class=\"ls0\">65<span class=\"_ _0\"></span>1.65<span class=\"_ _0\"></span>4 <span class=\"_ _0\"></span>m3<span class=\"_ _0\"></span>ssc)<span class=\"_ _0\"></span>. </span></span></span>Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>0<span class=\"ls16\">21</span>, (<span class=\"_ _0\"></span>i) <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xist<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>biol<span class=\"_ _0\"></span>\u00f3gi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>uja <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>ja <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>e/<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> pen<span class=\"_ _0\"></span>hor<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o g<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>ia d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, ne<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ssos<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>reve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>is re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00e0 aq<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>ol\u00f3g<span class=\"_ _0\"></span>ico<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> e (<span class=\"_ _0\"></span>ii)<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>\u00eddi<span class=\"_ _0\"></span>os g<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>ern<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>laci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>iol\u00f3<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhec<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>mons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o. Estimativas e julgamentos Pr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os For<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pond<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>z<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>alia<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, nom<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>dam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te: \uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">Pro<span class=\"_ _0\"></span>dut<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> flo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span>; </span></span>\uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">Pre<span class=\"_ _0\"></span>\u00e7o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a da<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>(qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo)<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>uzid<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>te, </span></span>das<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>err<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> ar<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ssio<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>heg<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nute<span class=\"_ _0\"></span>n\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e ao<span class=\"_ _0\"></span> ar<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>; o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nd\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> agr<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>ou-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>5% <span class=\"_ _0\"></span>fac<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1. \uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">Taxa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: 5<span class=\"_ _0\"></span>,17%<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1:<span class=\"_ _0\"></span> 2,9<span class=\"_ _0\"></span>9%<span class=\"_ _0\"></span>).<span class=\"_ _0\"></span> Not<span class=\"_ _0\"></span>e-s<span class=\"_ _0\"></span>e q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>orp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco </span></span>de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nc\u00ean<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>h fl<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>del<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> Cas<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>foss<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>orp<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> na <span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>esm<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e 7<span class=\"_ _0\"></span>% <span class=\"_ _0\"></span>(2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span>: 4<span class=\"_ _0\"></span>,61<span class=\"_ _0\"></span>%) Pol\u00edticas Contabil\u00edsticas Os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>iol<span class=\"_ _0\"></span>\u00f3gi<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cipal<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>det<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>sce<span class=\"_ _0\"></span>t\u00edve<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>abr<span class=\"_ _0\"></span>ico<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> BE<span class=\"_ _0\"></span>KP <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>, m<span class=\"_ _0\"></span>aio<span class=\"_ _0\"></span>rit<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>euc<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ipt<span class=\"_ _0\"></span>o, i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lui<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> out<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>\u00e9ci<span class=\"_ _0\"></span>es, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ho e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> sob<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>.  Os <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>los<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>prop<span class=\"_ _0\"></span>rie<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>pres<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> ru<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> \u201cAt<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>ixo<span class=\"_ _0\"></span>s tan<span class=\"_ _0\"></span>g\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s\u201d <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>posi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a e <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om a p<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>\u00edti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>erid<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>.3.<span class=\"_ _0\"></span> Os<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>lore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rop<span class=\"_ _0\"></span>rie<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> enc<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ensu<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pol<span class=\"_ _0\"></span>\u00edti<span class=\"_ _0\"></span>ca con<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>\u00edsti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>ota <span class=\"_ _0\"></span>3.6<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tado<span class=\"_ _0\"></span>s na<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ubr<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> \u201cA<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>b d<span class=\"_ _0\"></span>irei<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>so\u201d<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>finan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>olid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a. Ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>n\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>3 d<span class=\"_ _0\"></span>a hi<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>arqu<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>13<span class=\"_ _0\"></span>) Na <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>\u00e9t<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>uxo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>quai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>v\u00e9s<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>\u00f3di<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>xte<span class=\"_ _0\"></span>rno<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>ndep<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s. No<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>del<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>env<span class=\"_ _0\"></span>olvi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>ost<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00e0 n<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>rez<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s em<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o, <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>mente<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>icl<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>env<span class=\"_ _0\"></span>olvi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>\u00e9ci<span class=\"_ _0\"></span>es,<span class=\"_ _0\"></span> a pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utivi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>cli<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _3b\"></span>s amb<span class=\"_ _0\"></span>ien<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> o p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>\u00e7o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ven<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>da mad<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> (q<span class=\"_ _0\"></span>uand<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rcad<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo)<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>duz<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>eno<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>arr<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>essi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>cheg<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>stos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>lant<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> man<span class=\"_ _0\"></span>ute<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> ar<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>erre<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>to.<span class=\"_ _0\"></span>  Os <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>inp<span class=\"_ _0\"></span>uts<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>obse<span class=\"_ _0\"></span>rv\u00e1<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>delo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>det<span class=\"_ _0\"></span>alh<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ue, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o qu<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>biol<span class=\"_ _0\"></span>\u00f3gi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s ir<span class=\"_ _0\"></span>\u00e1 <span class=\"_ _0\"></span>aume<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>/ (<span class=\"_ _0\"></span>dimi<span class=\"_ _3b\"></span>nuir)<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiva<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>: An\u00e1<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span> O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>tiliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m P<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tugal<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>e\u00e7o<span class=\"_ _0\"></span> <span class=\"ff7\">fo<span class=\"_ _0\"></span>rw<span class=\"_ _0\"></span>ard<span class=\"ff1\"> <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span>ra </span></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>var<span class=\"_ _0\"></span>i\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span>. Alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>post<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pod<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>plic<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>iza\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s/d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>oriz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos:<span class=\"_ _0\"></span> Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 1) Agravamen<span class=\"_ _1\"></span>to em 0,5% da ta<span class=\"_ _1\"></span>xa de desconto em Por<span class=\"_ _1\"></span>tugal<span class=\"_ _1\"></span> 5.<span class=\"ls24\">422</span>.029  7.<span class=\"ls24\">896</span>.515  Desvaloriza\u00e7\u00e3o d<span class=\"_ _1\"></span>o ativo floresta<span class=\"_ _1\"></span>l de Portugal<span class=\"_ _1\"></span> 2) Diminui\u00e7\u00e3o d<span class=\"_ _1\"></span>e 3% no pre\u00e7o <span class=\"_ _1\"></span><span class=\"ff8\">forw<span class=\"_ _1\"></span>ard</span> 10<span class=\"ls0\">.</span>848<span class=\"ls0\">.174  </span>11<span class=\"ls0\">.</span>731<span class=\"ls0\">.495  </span>Desvaloriza\u00e7\u00e3o d<span class=\"_ _1\"></span>o ativo flore<span class=\"_ _1\"></span>stal de Portuga<span class=\"_ _1\"></span>l 3) Agravamen<span class=\"_ _1\"></span>to em 0,5% da ta<span class=\"_ _1\"></span>xa de desconto em <span class=\"_ _1\"></span>Mo\u00e7ambique<span class=\"_ _1\"></span> 503<span class=\"ls0\">.</span>338 <span class=\"ls0\"> </span>273<span class=\"ls0\">.</span>043 <span class=\"ls0\"> </span>Desvaloriza\u00e7\u00e3o d<span class=\"_ _1\"></span>o ativo floresta<span class=\"_ _1\"></span>l de Mo\u00e7ambique<span class=\"_ _1\"></span> 4) Diminui\u00e7\u00e3o d<span class=\"_ _1\"></span>e 3% no pre\u00e7o <span class=\"_ _1\"></span><span class=\"ff8\">forw<span class=\"_ _1\"></span>ard</span> 761<span class=\"ls0\">.</span>695 <span class=\"ls0\"> </span>718<span class=\"ls0\">.</span>666 <span class=\"ls0\"> </span>Desvaloriza\u00e7\u00e3o d<span class=\"_ _1\"></span>o ativo floresta<span class=\"_ _1\"></span>l de Mo\u00e7ambique<span class=\"_ _1\"></span> \uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">Os p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>arem<span class=\"_ _0\"></span> /<span class=\"_ _0\"></span> (d<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>nu\u00ed<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span>); </span></span>\uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">A es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cor<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>ech<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> dim<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>uir <span class=\"_ _0\"></span>/ <span class=\"_ _0\"></span>(au<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>); </span></span>\uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">A es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> plan<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>ute<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>minui<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>/ (<span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>); <span class=\"_ _0\"></span>e </span></span>\uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">A ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>nui<span class=\"_ _0\"></span>r (<span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>). </span></span>A t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spon<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>nfl<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>utur<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>onsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po es<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>bt<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>flor<span class=\"_ _0\"></span>esta<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>tina<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>alie<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>. \u00c1re<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s Os <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>orri<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>err<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a um<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>meir<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>flor<span class=\"_ _3b\"></span>esta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>xo t<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>el,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>a vi<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>\u00fati<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e coi<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om o<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> Alt<span class=\"_ _0\"></span>era\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>tivas<span class=\"_ _0\"></span><span class=\"ff1\"> </span>As <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>per\u00ed<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cort<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>cust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>outr<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>as s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivos<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>iol<span class=\"_ _0\"></span>\u00f3gi<span class=\"_ _0\"></span>cos <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os. Cor<span class=\"_ _0\"></span>te<span class=\"ff1\"> </span>No<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> cor<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>oriz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>u j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>duzi<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s g<span class=\"_ _0\"></span>asto<span class=\"_ _0\"></span>s es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>esd<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o l<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>abate<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a ou<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>umo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>i o<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>inve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>\u00e1rio<span class=\"_ _0\"></span>. 4.1.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Inv<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s </span></span>4.1.1.<span class=\"ls0\"> <span class=\"_ _50\"> </span>Invent\u00e1rios <span class=\"ffa\">\u2013</span> detalh<span class=\"_ _1\"></span>e por natu<span class=\"_ _1\"></span>reza </span>Valores l\u00edquidos de perdas por impar<span class=\"_ _0\"></span>idade acumuladas<span class=\"_ _1\"></span> Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Mat\u00e9rias-primas<span class=\"_ _1\"></span> 141.023.694 <span class=\"_ _1\"></span> 102.851.009 <span class=\"_ _1\"></span> Mercadorias 144.304  185.541  Subtotal (Nota 4.<span class=\"_ _1\"></span>1.2) 141.167.998 <span class=\"_ _1\"></span> 103.036.550 <span class=\"_ _1\"></span> Produtos acabad<span class=\"_ _1\"></span>os e interm\u00e9dios<span class=\"_ _1\"></span> 155.208.607 <span class=\"_ _1\"></span> 75.870.145 <span class=\"_ _1\"></span> Produtos e traba<span class=\"_ _1\"></span>lhos em curso<span class=\"_ _1\"></span> 2.061.232 <span class=\"_ _1\"></span> 2.440.632 <span class=\"_ _1\"></span> Subprodutos e<span class=\"_ _1\"></span> desperd\u00edcios<span class=\"_ _1\"></span> 291.380  5.203.331 <span class=\"_ _1\"></span> Subtotal (Nota 4.<span class=\"_ _1\"></span>1.3) 157.561.219 <span class=\"_ _1\"></span> 83.514.108 <span class=\"_ _1\"></span> Total 298.729.217 <span class=\"_ _1\"></span> 186.550.658 <span class=\"_ _1\"></span> Invent\u00e1rios de produto acabado e interm\u00e9dio<span class=\"_ _0\"></span> <span class=\"_ _1\"></span> \u2013<span class=\"ff3\"> distribui\u00e7\u00e3o por \u00e1rea geogr\u00e1fica </span>Valores em Euros <span class=\"_ _1\"></span> 31/12/22 % 31/12/21 % Portugal Pasta BEKP  36.432.662 <span class=\"_ _1\"></span> 23,47% 12.707.425 <span class=\"_ _1\"></span> 16,75% Papel UWF  35.230.122 <span class=\"_ _1\"></span> 22,70% 25.380.174 <span class=\"_ _1\"></span> 33,45% Papel <span class=\"ff7\">Tissue</span> <span class=\"_ _1\"></span> 21.429.903 <span class=\"_ _1\"></span> 13,81% 14.396.342 <span class=\"_ _1\"></span> 18,97% Outros  8.635.096 <span class=\"_ _1\"></span> 5,56% 4.525.980 <span class=\"_ _1\"></span> 5,97% 101.727.783 <span class=\"_ _1\"></span> 65,54% 57.009.921 <span class=\"_ _1\"></span> 75,14% Resto da Europa<span class=\"_ _1\"></span> Pasta BEKP  11.797.779 <span class=\"_ _1\"></span> 7,60% 2.745.540 <span class=\"_ _1\"></span> 3,62% Papel UWF  5.734.831 <span class=\"_ _1\"></span> 3,69% 2.656.156 <span class=\"_ _1\"></span> 3,50% Papel <span class=\"ff7\">Tissue</span> <span class=\"_ _1\"></span> 1.049.256 <span class=\"_ _1\"></span> 0,68% 875.662  1,15% 18.581.866 <span class=\"_ _1\"></span> 11,97% 6.277.358  8,27% EUA Papel UWF  34.898.958 <span class=\"_ _1\"></span> 22,49% 12.582.866 <span class=\"_ _1\"></span> 16,58% 34.898.958 <span class=\"_ _1\"></span> 22,49% 12.582.866 <span class=\"_ _1\"></span> 16,58% 155.208.607 <span class=\"_ _1\"></span> 100,00%<span class=\"_ _1\"></span> 75.870.145 <span class=\"_ _1\"></span> 100,00%<span class=\"_ _1\"></span> Os<span class=\"ls0\"> i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>\u00e1rio<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>dut<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>acab<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m\u00e9d<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span><span class=\"ff9\">in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>em \u20ac<span class=\"_ _0\"></span>4.<span class=\"_ _0\"></span>28<span class=\"_ _0\"></span>6.9<span class=\"_ _0\"></span>97<span class=\"ff1\"> <span class=\"_ _0\"></span>(31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbro<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e </span></span></span>2021<span class=\"lsd\">: <span class=\"ff9 ls0\">\u20ac11<span class=\"_ _0\"></span>.73<span class=\"_ _0\"></span>0.04<span class=\"_ _0\"></span>9<span class=\"ff1\">)<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os a<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nt\u00e1<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cuja<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s j\u00e1<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tida<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ujo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span> </span></span></span>n\u00e3o<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>feri<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>Cli<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> <span class=\"ls16\">2021</span>, <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tem i<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t\u00e1ri<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> cuj<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>sej<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>trit<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>/o<span class=\"_ _0\"></span>u pe<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o g<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os. 4.1.2.<span class=\"ls0\"> <span class=\"_ _50\"> </span>Custo das mercador<span class=\"_ _1\"></span>ias vendidas e mat\u00e9<span class=\"_ _1\"></span>rias consumid<span class=\"_ _1\"></span>as  </span>no per\u00edodo Valores em Euros<span class=\"_ _1\"></span>  <span class=\"ls2a\">2022 </span><span class=\"fce sc0\"> </span> <span class=\"ls2a\">2021 </span><span class=\"fce sc0\"> </span>Saldo inic<span class=\"_ _1\"></span>ial 103.036.550 <span class=\"_ _1\"></span> 92.690.300 <span class=\"_ _1\"></span> Compras 1.013.576.631 <span class=\"_ _1\"></span> 639.900.753 <span class=\"_ _1\"></span> Perdas em inven<span class=\"_ _1\"></span>t\u00e1rios 494.184  170.677  Perdas por impar<span class=\"_ _1\"></span>idade (7.090.162) 69.565  Saldo final<span class=\"_ _1\"></span> (141.167.998)<span class=\"_ _1\"></span> (103.036.550)<span class=\"_ _1\"></span> Custo das mercador<span class=\"_ _1\"></span>ias vendid<span class=\"_ _1\"></span>as e mat\u00e9rias co<span class=\"_ _1\"></span>nsumidas (Not<span class=\"_ _1\"></span>a 2.3)<span class=\"_ _1\"></span> 968.849.205 <span class=\"_ _1\"></span> 629.794.745 <span class=\"_ _1\"></span> Custo das mercadorias vendidas e mat\u00e9rias consumid<span class=\"_ _0\"></span>as <span class=\"_ _1\"></span> \u2013<span class=\"ff3\"> detalhe por produto </span>Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Madeira / Biomas<span class=\"_ _1\"></span>sa 354.081.192 <span class=\"_ _1\"></span> 278.459.294 <span class=\"_ _1\"></span> G\u00e1s natural 52.565.933 <span class=\"_ _1\"></span> 25.882.421 <span class=\"_ _1\"></span> Outros combust<span class=\"_ _1\"></span>\u00edveis 29.202.965 <span class=\"_ _1\"></span> 13.951.755 <span class=\"_ _1\"></span> Qu\u00edmicos 253.797.111 <span class=\"_ _1\"></span> 141.263.702 <span class=\"_ _1\"></span> Pasta (BEKP)<span class=\"_ _1\"></span> 80.685.831 <span class=\"_ _1\"></span> 24.290.827 <span class=\"_ _1\"></span> Pasta (Pinho)<span class=\"_ _1\"></span> 66.677.147 <span class=\"_ _1\"></span> 42.620.975 <span class=\"_ _1\"></span> Papel (altas grama<span class=\"_ _1\"></span>gens) 5.264.706 <span class=\"_ _1\"></span> 2.995.088 <span class=\"_ _1\"></span> Papel <span class=\"ff7\">tissue</span> - sub<span class=\"_ _1\"></span>contratos<span class=\"_ _1\"></span> 1.103.585 <span class=\"_ _1\"></span> 2.015.997 <span class=\"_ _1\"></span> Consum\u00edveis / Mat<span class=\"_ _1\"></span>erial de arma<span class=\"_ _1\"></span>z\u00e9m 27.582.104 <span class=\"_ _1\"></span> 26.761.199 <span class=\"_ _1\"></span> Material de e<span class=\"_ _1\"></span>mbalagem 96.576.854 <span class=\"_ _1\"></span> 68.739.504 <span class=\"_ _1\"></span> Outros materiais<span class=\"_ _1\"></span> 1.311.777 <span class=\"_ _1\"></span> 2.813.983 <span class=\"_ _1\"></span> 968.849.205 <span class=\"_ _1\"></span> 629.794.745 <span class=\"_ _1\"></span> O c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>\u00e0 m<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a/bi<span class=\"_ _0\"></span>oma<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>came<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e \u00e0s<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>adei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rna<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>cion<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ange<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span>s.  Ao <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ngo<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2 <span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>iu-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>agra<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>stos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o, pe<span class=\"_ _0\"></span>nali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>enci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te, <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> mad<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra,<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>via <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>e\u00e7o<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>rta<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>f\u00e1b<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>nac<span class=\"_ _0\"></span>ional<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>mix <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> tam<span class=\"_ _0\"></span>b\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>fib<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xte<span class=\"_ _0\"></span>rna<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>\u00edmi<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>. 4.1.3.<span class=\"ls0\"> <span class=\"_ _58\"> </span>Va<span class=\"_ _1\"></span>ria\u00e7\u00e3o da produ\u00e7<span class=\"_ _1\"></span>\u00e3o no per\u00edodo<span class=\"_ _1\"></span> </span>Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Saldo inic<span class=\"_ _1\"></span>ial (83.514.108) (84.044.837)<span class=\"_ _1\"></span> Regulariza\u00e7\u00f5es<span class=\"_ _1\"></span> (1.438.920) (400.436) Perdas em inven<span class=\"_ _1\"></span>t\u00e1rios 2.538.501 <span class=\"_ _1\"></span> 697.246  Perdas por impar<span class=\"_ _1\"></span>idade 5.337.315 <span class=\"_ _1\"></span> 1.846.899 <span class=\"_ _1\"></span> Saldo final<span class=\"_ _1\"></span> 157.561.219 <span class=\"_ _1\"></span> 83.514.108 <span class=\"_ _1\"></span> Varia\u00e7\u00e3o da pro<span class=\"_ _1\"></span>du\u00e7\u00e3o (Nota 2.<span class=\"_ _1\"></span>3) 80.484.007 <span class=\"_ _1\"></span> 1.612.980  4.1.4.<span class=\"ls0\"> <span class=\"_ _58\"> </span>M<span class=\"_ _1\"></span>ovimentos em pe<span class=\"_ _1\"></span>rdas por imp<span class=\"_ _1\"></span>aridade em invent<span class=\"_ _1\"></span>\u00e1rios<span class=\"_ _1\"></span> </span>Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Saldo Inicial<span class=\"_ _1\"></span> (3.934.904)<span class=\"_ _1\"></span> (2.157.570)<span class=\"_ _1\"></span> Aumentos (Nota<span class=\"_ _1\"></span> 2.3) (13.241.209) (2.643.558) Revers\u00f5es (Nota 2.2<span class=\"_ _1\"></span>) 813.732  866.224  Impacto em res<span class=\"_ _1\"></span>ultados do per\u00ed<span class=\"_ _1\"></span>odo<span class=\"_ _1\"></span> (12.427.477)<span class=\"_ _1\"></span> (1.777.334)<span class=\"_ _1\"></span> Utiliza\u00e7\u00f5es (12.042) -  Saldo final (16.374.423)<span class=\"_ _1\"></span> (3.934.904)<span class=\"_ _1\"></span> Con<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 2.3<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a imp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>t\u00e1r<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>i aju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span><span class=\"ff7\">st<span class=\"_ _0\"></span>ock<span class=\"_ _0\"></span><span class=\"ff1\"> de<span class=\"_ _0\"></span> pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> UW<span class=\"_ _0\"></span>F e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span><span class=\"ff9\">, no<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>e \u20ac<span class=\"_ _0\"></span>7.9<span class=\"_ _0\"></span>31<span class=\"_ _0\"></span>.30<span class=\"_ _0\"></span>9,<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> sequ<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a<span class=\"ff1\"> </span></span></span></span></span>da <span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> it<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m me<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>r r<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>pet<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ura <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>da pe<span class=\"_ _0\"></span>rf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e de<span class=\"_ _3b\"></span> ven<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>mix<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span> Adi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>alme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>eran<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> as pe<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>pet<span class=\"_ _0\"></span>ivas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>s \u00fa<span class=\"_ _0\"></span>tei<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>ema<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>sce<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> eq<span class=\"_ _0\"></span>uip<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>dus<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> as <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>rva<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>s\u00e1r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>ua\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> eq<span class=\"_ _0\"></span>uip<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhec<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a o <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pe\u00e7<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>serv<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m sto<span class=\"_ _0\"></span>ck<span class=\"_ _0\"></span><span class=\"ff9\">, n<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>\u20ac5<span class=\"_ _0\"></span>.309<span class=\"_ _0\"></span>.9<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>.<span class=\"ff1\"> </span></span>Pol\u00edticas Contabil\u00edsticas Os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nt\u00e1<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>s en<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>-se <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ord<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>inte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cri<span class=\"_ _0\"></span>t\u00e9ri<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>: i.<span class=\"ffb ls0\"> <span class=\"_ _9c\"> </span><span class=\"ff1\">Me<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>t\u00e9r<span class=\"_ _0\"></span>ias-<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>imas<span class=\"_ _0\"></span>  </span></span>As <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>at\u00e9r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span>-pr<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>enc<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tram<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>riz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>aix<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e aqu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o e<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>u va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r r<span class=\"_ _0\"></span>eal<span class=\"_ _0\"></span>iz\u00e1ve<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> O <span class=\"_ _0\"></span>cust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>aqu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>clui<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>inco<span class=\"_ _0\"></span>rri<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span> ao <span class=\"_ _0\"></span>arm<span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>utili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> m\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>o po<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>do c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>\u00e9t<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>eio<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> sa\u00ed<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s. ii.<span class=\"ffb ls0\"> <span class=\"_ _9c\"> </span><span class=\"ff1\">Pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>cab<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m\u00e9di<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>dut<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bal<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>o </span></span>Os <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utos<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>term<span class=\"_ _0\"></span>\u00e9d<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>abal<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>urs<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>ixo <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3o<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ui o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>\u00e9ri<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>-pr<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>corp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as, <span class=\"_ _0\"></span>m\u00e3<span class=\"_ _0\"></span>o-<span class=\"_ _0\"></span><span class=\"ls96\">de<span class=\"ls0\">-ob<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>fab<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> tom<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>n\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>nor<span class=\"_ _0\"></span>mal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e </span></span>pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o) e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>z\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o. O v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l l<span class=\"_ _0\"></span>\u00edq<span class=\"_ _0\"></span>uido<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rres<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>re\u00e7<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>duzi<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aca<span class=\"_ _0\"></span>bam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en\u00e7<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7\u00e3o<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>o val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>z\u00e1v<span class=\"_ _0\"></span>el l<span class=\"_ _0\"></span>\u00edq<span class=\"_ _0\"></span>uido<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>se i<span class=\"_ _0\"></span>nfe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>r,<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>erac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s.<span class=\"ff7\"> </span>Estado A r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Est<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>orme<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>egu<span class=\"_ _0\"></span>e: Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Imposto sobre o<span class=\"_ _1\"></span> Valor Acrescenta<span class=\"_ _1\"></span>do a recuperar<span class=\"_ _1\"></span> 15.023.507 6.848.780 Imposto sobre o<span class=\"_ _1\"></span> Valor Acrescenta<span class=\"_ _1\"></span>do - Ree<span class=\"_ _1\"></span>mbolsos pedidos<span class=\"_ _1\"></span> 44.829.111 37.752.134 Valores pendentes<span class=\"_ _1\"></span> de reembolso (<span class=\"_ _1\"></span>processos fiscais de<span class=\"_ _1\"></span>cididos a favor<span class=\"_ _1\"></span> do <span class=\"_ _1\"></span>Grupo)<span class=\"_ _1\"></span> - 2.470 59.852.618 44.603.384 O m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ols<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 d<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>a-se<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> por<span class=\"_ _3b\"></span> m\u00eas: Valores em Euros<span class=\"_ _1\"></span> Nov/2022 Dez/2022 Total The Navigator C<span class=\"_ _1\"></span>ompany, S.A.<span class=\"_ _1\"></span> 10.628.467 31.706.624 42.335.091 Bosques do At<span class=\"_ _1\"></span>l\u00e2ntico, S.L. -2.494.0202.494.020 10.628.467 34.200.64444.829.111 At\u00e9<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>\u00f3ri<span class=\"_ _0\"></span>o, f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span><span class=\"ff9\">re<span class=\"_ _0\"></span>cebi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s \u20ac4<span class=\"_ _0\"></span>2.<span class=\"_ _0\"></span>33<span class=\"_ _0\"></span>5<span class=\"ff1\">.09<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tes <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> abe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>31 </span></span>de <span class=\"ls0\">dez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22. </span>O m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ols<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>a-se<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esa <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> m\u00ea<span class=\"_ _0\"></span>s: Valores em Euros<span class=\"_ _1\"></span> Nov/2021 Dez/2021 Total The Navigator C<span class=\"_ _1\"></span>ompany, S.A.<span class=\"_ _1\"></span> 20.331.270 15.631.403 35.962.673 Sociedade de V<span class=\"_ _1\"></span>inhos da Herdade d<span class=\"_ _1\"></span>e Espirra, S.A.<span class=\"_ _1\"></span> - 30.000 30.000 Eucaliptusland<span class=\"_ _1\"></span> 50.000 - 50.000 Bosques do At<span class=\"_ _1\"></span>l\u00e2ntico, S.L. -1.709.4611.709.461 20.381.270 17.370.86437.752.134 Tod<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stes<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>oram<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>bid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> 1.<span class=\"_ _0\"></span>\u00ba sem<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2022<span class=\"_ _0\"></span>. 4.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>ebe<span class=\"_ _0\"></span>r </span></span>31/12/22 31/12/21 N\u00e3o N\u00e3o Valores em Euros<span class=\"_ _1\"></span> Corrente Corrente Total Corrente Corrente Total Clientes -341.601.458341.601.458 -210.789.083210.789.083 Estado -59.852.61859.852.618 -44.603.38444.603.384 Incentivos finance<span class=\"_ _1\"></span>iros a receber<span class=\"_ _1\"></span> 13.219.416 13.239.88526.459.301 - - - Department of Co<span class=\"_ _1\"></span>mmerce (EUA)<span class=\"_ _1\"></span> - - - - 281.653 281.653 Enviva Pellets Gree<span class=\"_ _1\"></span>nwood, LLC (E<span class=\"_ _1\"></span>UA)<span class=\"_ _1\"></span> -8.168.4268.168.426 7.826.849 25.384.072 33.210.921 Acr\u00e9scimos de rend<span class=\"_ _1\"></span>imento -2.970.3812.970.381 -19.028.57719.028.577 Gastos diferidos<span class=\"_ _1\"></span> -11.321.49311.321.493 -8.463.0898.463.089 Instrumentos finance<span class=\"_ _1\"></span>iros derivado<span class=\"_ _1\"></span>s (Nota 8.2)<span class=\"_ _1\"></span> -48.514.44348.514.443 -1.630.9821.630.982 Outros 12.063.442 13.474.70425.538.147 777.698 7.701.9208.479.618 25<span class=\"ls0\">.</span>282<span class=\"ls0\">.<span class=\"_ _1\"></span>858 </span>499<span class=\"ls0\">.143.4<span class=\"_ _1\"></span>08 </span>524<span class=\"ls0\">.426.2<span class=\"_ _1\"></span>67 </span>8.604.<span class=\"ls2b\">547 </span>317<span class=\"ls0\">.882.7<span class=\"_ _1\"></span>60 </span>326<span class=\"ls0\">.487.3<span class=\"_ _1\"></span>08 </span>Acr\u00e9scimos de Re<span class=\"_ _1\"></span>ndimento<span class=\"_ _1\"></span>s e Gastos Dife<span class=\"_ _1\"></span>ridos<span class=\"_ _1\"></span> As <span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>s de<span class=\"_ _3b\"></span> Acr\u00e9<span class=\"_ _0\"></span>sci<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o e <span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>rido<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>alh<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nfor<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> seg<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>: Incentivos finan<span class=\"_ _1\"></span>ceiros a rece<span class=\"_ _1\"></span>ber A r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ue: 31/12/22 Valores em Euros<span class=\"_ _1\"></span> N\u00e3o Corrent<span class=\"_ _0\"></span>e Corrente Total - Contratos AICEP<span class=\"_ _1\"></span> 6.596.378 9.721.792 16.318.170 Plano de Recupe<span class=\"_ _1\"></span>ra\u00e7\u00e3o e Res<span class=\"_ _1\"></span>ili\u00eancia 3.621.520 483.757 4.105.277 Outros 3.001.518 3.034.336 6.035.854 13.219.416 13.239.885 26.459.301 Department of C<span class=\"_ _1\"></span>ommerce (E<span class=\"_ _1\"></span>UA)<span class=\"_ _1\"></span> A 3<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>ald<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>ebe<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Dep<span class=\"_ _0\"></span>artm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>f Com<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>e (<span class=\"_ _0\"></span>DoC)<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>u\u00eanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tig<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nic<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>201<span class=\"_ _0\"></span>5 <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>aleg<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e1tic<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>e du<span class=\"_ _0\"></span>mpi<span class=\"_ _0\"></span>ng <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>orta<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> UWF<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> Es<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>Am\u00e9<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>, po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>te d<span class=\"_ _0\"></span>a sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>ria <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ator<span class=\"_ _3b\"></span>. Dur<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>21,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Dep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>nt o<span class=\"_ _0\"></span>f C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>ce <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nfir<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>car<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>a ao<span class=\"_ _0\"></span> 4.<span class=\"_ _0\"></span>\u00ba pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>vis\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>een<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>do e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>mar<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 201<span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>m 2<span class=\"_ _0\"></span>,21%<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o qu<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>beu<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac<span class=\"_ _0\"></span>281.<span class=\"_ _0\"></span>65<span class=\"_ _0\"></span>3 p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>p\u00f3<span class=\"_ _0\"></span>sitos<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>etu<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>paga<span class=\"_ _0\"></span>r. <span class=\"_ _0\"></span> Em<span class=\"ls0\"> <span class=\"ls16\">2022 </span>foi<span class=\"_ _3b\"></span> igual<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onfir<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a ao<span class=\"_ _0\"></span> 5<span class=\"_ _0\"></span>\u00ba p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>revi<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o </span>en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ar\u00e7<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>0 e<span class=\"_ _0\"></span> fe<span class=\"_ _0\"></span>vere<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1, e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>5,8<span class=\"_ _0\"></span>1%,<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> abe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>o os<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de re<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>seq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> (6<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> 7)<span class=\"_ _0\"></span>. R<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>\u00eas<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>a-se<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r te<span class=\"_ _0\"></span>nha<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>ao<span class=\"_ _0\"></span> Do<span class=\"_ _0\"></span>C c<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ca d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>5,6<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>lh\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> eur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>Nota <span class=\"_ _0\"></span>4.3<span class=\"_ _0\"></span>).<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo r<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>odos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>4 a<span class=\"_ _0\"></span>sce<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a \u20ac1<span class=\"_ _0\"></span>5.6<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>.783<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ue:<span class=\"ff1\"> </span>Valores em Euros<span class=\"_ _1\"></span> Montante p<span class=\"_ _0\"></span>ago pelo Grupo<span class=\"_ _0\"></span> Per\u00edodos de<span class=\"_ _1\"></span> revis\u00e3o (POR)<span class=\"_ _1\"></span> POR 1: Ago 15 <span class=\"_ _1\"></span>- Fev 17 3.743.640 POR 2: Mar 17 -<span class=\"_ _1\"></span> Fev 18 2.011.029 POR 3: Mar 18 -<span class=\"_ _1\"></span> Fev 19 7.089.677 POR 4: Mar-19<span class=\"_ _1\"></span> - Fev 20 2.767.437 15.611.783 Enviva Pellets Gre<span class=\"_ _1\"></span>enwood, LLC<span class=\"_ _1\"></span> (EUA)<span class=\"_ _1\"></span> Re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> o v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>atua<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>tant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>\u00f3ci<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ets <span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> EU<span class=\"_ _0\"></span>A, em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>18<span class=\"_ _0\"></span>. S<span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r no<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>cebe<span class=\"_ _0\"></span>r,<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> US<span class=\"_ _0\"></span>D, <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ncem<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 2,<span class=\"_ _0\"></span>5% <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ota <span class=\"_ _0\"></span>5.1<span class=\"_ _0\"></span>0<span class=\"lsd\">).</span> Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Acr\u00e9scimos de<span class=\"_ _1\"></span> rendimento<span class=\"_ _1\"></span> Juros a receber<span class=\"_ _1\"></span> -  718.888  Vendas de energia<span class=\"_ _1\"></span> 1.871.271 <span class=\"_ _1\"></span> 17.470.569 <span class=\"_ _1\"></span> Indemniza\u00e7\u00e3o segur<span class=\"_ _1\"></span>os  -  272.689  Outros 1.099.110 <span class=\"_ _1\"></span> 566.432  2.970.381  19.028.577 <span class=\"_ _1\"></span> Gastos diferid<span class=\"_ _1\"></span>os Seguros 289.531  -  Rendas e aluguere<span class=\"_ _1\"></span>s 9.938.537 <span class=\"_ _1\"></span> 8.312.244 <span class=\"_ _1\"></span> Outros 1.093.425 <span class=\"_ _1\"></span> 150.844  11.321.493 <span class=\"_ _1\"></span> 8.463.089  14.291.874 <span class=\"_ _1\"></span> 27.491.666 <span class=\"_ _1\"></span> A r<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> acr<span class=\"_ _0\"></span>\u00e9s<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ndim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s as<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>iad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gia<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> fac<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>erg<span class=\"_ _0\"></span>ia t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o, q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a ve<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>\u00e0 r<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>aut<span class=\"_ _0\"></span>ofa<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> Outros valores <span class=\"_ _1\"></span>a receber<span class=\"_ _1\"></span> As <span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>s de<span class=\"_ _3b\"></span> outr<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>orre<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>alha<span class=\"_ _0\"></span>m-s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>egu<span class=\"_ _0\"></span>e: Outros valores a receber n\u00e3o correntes Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Valor cativo de res<span class=\"_ _1\"></span>seguro 11.200.000 <span class=\"_ _1\"></span> -  Fundo Compensa\u00e7\u00e3<span class=\"_ _1\"></span>o Trabalho <span class=\"_ _1\"></span> 752.840  687.850  Cau\u00e7\u00f5es  41.002  40.248  Outras participa\u00e7<span class=\"_ _1\"></span>\u00f5es (Almascience<span class=\"_ _1\"></span> , Forestwise, Ce<span class=\"_ _1\"></span>colab, Colab B<span class=\"_ _1\"></span>IOREF)<span class=\"_ _1\"></span> 69.600  49.600  12.063.442 <span class=\"_ _1\"></span> 777.698  O <span class=\"ff9 ls0\">mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u20ac11.<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>0.00<span class=\"_ _0\"></span>0 r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gurad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>\u00e2mb<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>rog<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e </span>se<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>aze<span class=\"_ _0\"></span>r fa<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pot<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ciai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>istr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o. Outros valores a receber correntes Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Adiantamentos ao<span class=\"_ _1\"></span> pessoal 113.456  472.657  Adiantamentos a <span class=\"_ _1\"></span>Fornecedores<span class=\"_ _1\"></span> 11.286.508 <span class=\"_ _1\"></span> 630.459  Outros devedores<span class=\"_ _1\"></span> 2.074.740 <span class=\"_ _1\"></span> 6.598.803 <span class=\"_ _1\"></span> 13.474.704 <span class=\"_ _1\"></span> 7.701.920  O a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Adian<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s <span class=\"ls15\">a </span>F<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ced<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>adi<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s no <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> por<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>made<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a. Pol\u00edticas Contabil\u00edsticas Cl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>deve<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>es Cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o Os <span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Cl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ulta<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>delo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ne<span class=\"_ _0\"></span>g\u00f3c<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>do \u00e9<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>uxo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>aix<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>tuais<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ved<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>m n<span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>del<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>\u00f3ci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> flu<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tuai<span class=\"_ _0\"></span>s. Me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al Ao <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span>. Me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e Ao <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tiz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>zido<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>arid<span class=\"_ _0\"></span>ade.<span class=\"_ _0\"></span> Imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>Cl<span class=\"_ _0\"></span>ien<span class=\"_ _0\"></span>tes As <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>mpli<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o na<span class=\"_ _0\"></span> IFR<span class=\"_ _0\"></span>S 9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>espe<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> \u00e0<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>as te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a ex<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>i\u00ean<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> his<span class=\"_ _0\"></span>t\u00f3r<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ao l<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>go d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do es<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>isti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>cter<span class=\"_ _0\"></span>\u00edst<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pec<span class=\"_ _0\"></span>\u00edfi<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>to sub<span class=\"_ _0\"></span>ja<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 8<span class=\"_ _0\"></span>.1.4<span class=\"_ _0\"></span>). Imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>es As <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cr\u00e9d<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>IFRS<span class=\"_ _0\"></span> 9<span class=\"_ _0\"></span>. 4.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>ar </span></span>Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Fornecedores c/c <span class=\"_ _1\"></span> 207.316.143 <span class=\"_ _1\"></span> 174.618.029 <span class=\"_ _1\"></span> Fornecedores de <span class=\"_ _1\"></span>imobilizado c/c<span class=\"_ _1\"></span> 5.134.947 <span class=\"_ _1\"></span> 2.789.501 <span class=\"_ _1\"></span> Estado 44.299.175 <span class=\"_ _1\"></span> 27.246.422 <span class=\"_ _1\"></span> Partes relaciona<span class=\"_ _1\"></span>das (Nota 11.3)<span class=\"_ _1\"></span> 156.764  1.264.454 <span class=\"_ _1\"></span> Outros credores <span class=\"_ _1\"></span>- licen\u00e7as de e<span class=\"_ _1\"></span>miss\u00e3o CO2<span class=\"_ _1\"></span> 44.830.523 <span class=\"_ _1\"></span> 21.353.771 <span class=\"_ _1\"></span> Consolida\u00e7\u00e3o f<span class=\"_ _1\"></span>iscal (Semapa) (<span class=\"_ _1\"></span>Nota 11.3)<span class=\"_ _1\"></span> -  6.447.546 <span class=\"_ _1\"></span> Outros credores (<span class=\"_ _1\"></span>Nota 5.4) 5.693.320 <span class=\"_ _1\"></span> 2.392.990 <span class=\"_ _1\"></span> Instrumentos finance<span class=\"_ _1\"></span>iros derivado<span class=\"_ _1\"></span>s (Nota 8.2)<span class=\"_ _1\"></span> 4.682.533 <span class=\"_ _1\"></span> 8.130.589 <span class=\"_ _1\"></span> Acr\u00e9scimos de gast<span class=\"_ _1\"></span>os com o pesso<span class=\"_ _1\"></span>al 52.435.012 <span class=\"_ _1\"></span> 30.613.080 <span class=\"_ _1\"></span> Acr\u00e9scimos de gast<span class=\"_ _1\"></span>os - juros a <span class=\"_ _1\"></span>pagar 4.032.370 <span class=\"_ _1\"></span> 6.711.797 <span class=\"_ _1\"></span> B\u00f3nus a pagar a <span class=\"_ _1\"></span>Fornecedores<span class=\"_ _1\"></span> 5.687.729 <span class=\"_ _1\"></span> 4.294.936 <span class=\"_ _1\"></span> Taxa de recursos h<span class=\"_ _1\"></span>\u00eddricos<span class=\"_ _1\"></span> 1.461.937 <span class=\"_ _1\"></span> 1.096.148 <span class=\"_ _1\"></span> Responsabilidade<span class=\"_ _1\"></span> com rendas<span class=\"_ _1\"></span> 17.461.167 <span class=\"_ _1\"></span> 15.634.141 <span class=\"_ _1\"></span> Outros acr\u00e9sci<span class=\"_ _1\"></span>mos de gastos<span class=\"_ _1\"></span> 17.130.610 <span class=\"_ _1\"></span> 5.513.017 <span class=\"_ _1\"></span> Subs\u00eddios n\u00e3o ree<span class=\"_ _1\"></span>mbols\u00e1veis<span class=\"_ _1\"></span> 9.290.430 <span class=\"_ _1\"></span> 5.689.791 <span class=\"_ _1\"></span> Valores a pagar <span class=\"_ _1\"></span>- corrente<span class=\"_ _1\"></span> 575.467.689 <span class=\"_ _1\"></span> 393.161.894 <span class=\"_ _1\"></span> Subs\u00eddios n\u00e3o ree<span class=\"_ _1\"></span>mbols\u00e1veis<span class=\"_ _1\"></span> 30.545.424 <span class=\"_ _1\"></span> 28.460.138 <span class=\"_ _1\"></span> Department of Co<span class=\"_ _1\"></span>mmerce (EUA) <span class=\"_ _1\"></span>(Nota 4.2)<span class=\"_ _1\"></span> 4.306.974 <span class=\"_ _1\"></span> 8.554.289 <span class=\"_ _1\"></span> Valores a pagar <span class=\"_ _1\"></span>- N\u00e3o corren<span class=\"_ _1\"></span>te 34.852.398 <span class=\"_ _1\"></span> 37.014.427 <span class=\"_ _1\"></span> 610.320.087 <span class=\"_ _1\"></span> 430.176.321 <span class=\"_ _1\"></span> O a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> o p<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>al r<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lta<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onhe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>um v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> mai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>gam<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>023,<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>gad<span class=\"_ _0\"></span>os, <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te ao <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9mi<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>dut<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>4\u00ba <span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>stre<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ama <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>esci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>. Estado - Det<span class=\"_ _1\"></span>alhe Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Reten\u00e7\u00f5es de Impost<span class=\"_ _1\"></span>o sobre o Re<span class=\"_ _1\"></span>ndimento<span class=\"_ _1\"></span> (IRS) 4.209.006 <span class=\"_ _1\"></span> 3.298.154 <span class=\"_ _1\"></span> Imposto sobre o<span class=\"_ _1\"></span> Valor Acrescenta<span class=\"_ _1\"></span>do 36.628.850 <span class=\"_ _1\"></span> 20.793.757 <span class=\"_ _1\"></span> Contribui\u00e7\u00f5es para<span class=\"_ _1\"></span> a Seguran\u00e7a S<span class=\"_ _1\"></span>ocial<span class=\"_ _1\"></span> 2.470.143 <span class=\"_ _1\"></span> 2.202.736 <span class=\"_ _1\"></span> Outros 991.176  951.775  44.299.175 <span class=\"_ _1\"></span> 27.246.422 <span class=\"_ _1\"></span> Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> <span class=\"ls16\">2021</span>, <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tiam<span class=\"_ _0\"></span> d\u00ed<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>as e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tua\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o E<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>. Subs\u00eddios n\u00e3o re<span class=\"_ _1\"></span>embols\u00e1veis <span class=\"_ _1\"></span><span class=\"ffa\">\u2013</span> Det<span class=\"_ _1\"></span>alhe Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Subs\u00eddios ao in<span class=\"_ _1\"></span>vestimento (Nota 3<span class=\"_ _1\"></span>.5) 3.271.135 <span class=\"_ _1\"></span> 3.234.584 <span class=\"_ _1\"></span> Outros subs\u00eddios<span class=\"_ _1\"></span> 6.019.295 <span class=\"_ _1\"></span> 2.455.207 <span class=\"_ _1\"></span> Subs\u00eddios n\u00e3o ree<span class=\"_ _1\"></span>mbols\u00e1veis <span class=\"_ _1\"></span>- corre<span class=\"_ _1\"></span>nte 9.290.430  5.689.791  Subs\u00eddios ao in<span class=\"_ _1\"></span>vestimento (Nota 3<span class=\"_ _1\"></span>.5) 30.545.424 <span class=\"_ _1\"></span> 28.460.138 <span class=\"_ _1\"></span> Subs\u00eddios n\u00e3o ree<span class=\"_ _1\"></span>mbols\u00e1veis <span class=\"_ _1\"></span>- n\u00e3o corre<span class=\"_ _1\"></span>nte 30.545.424 <span class=\"_ _1\"></span> 28.460.138 <span class=\"_ _1\"></span> 39.835.854 <span class=\"_ _1\"></span> 34.149.929 <span class=\"_ _1\"></span> Pol\u00edticas Contabil\u00edsticas For<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ced<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es Os <span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>For<span class=\"_ _0\"></span>nec<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> out<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>orre<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> a me<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o s<span class=\"_ _0\"></span>ej<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ntro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>2 me<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ap\u00f3<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span>s sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e F<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>nec<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nic<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> e sub<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>u c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>amo<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span>. 5.1.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Gest<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l </span></span>Pol\u00edtica de gest<span class=\"_ _1\"></span>\u00e3o de capita<span class=\"_ _1\"></span>l Para efeitos de gest\u00e3o de ca<span class=\"_ _0\"></span>pital, o Grupo define capi<span class=\"_ _0\"></span>tal como incluindo os capitais pr\u00f3prios e<span class=\"_ _0\"></span> a d\u00edvida l\u00edquida. Os objetivos do Grupo<span class=\"_ _0\"></span> em rela\u00e7\u00e3o \u00e0 gest\u00e3o de capital, s<span class=\"_ _0\"></span>\u00e3o:  i.<span class=\"ffb ls0\"> <span class=\"_ _2c\"> </span><span class=\"ff1\">Sa<span class=\"_ _1\"></span>lvaguardar a c<span class=\"_ _0\"></span>apacidade do Grupo de<span class=\"_ _0\"></span> continuar em atividade<span class=\"_ _0\"></span> e assim proporcionar retornos para  </span></span>os Acionistas e benef\u00edcios para os re<span class=\"_ _0\"></span>stantes <span class=\"ff7\">Stakeholders</span><span class=\"ls82\">; </span> ii.<span class=\"ffb ls0\"> <span class=\"_ _9c\"> </span><span class=\"ff1\">Manter uma estrutura de ca<span class=\"_ _0\"></span>pital s\u00f3lida para apoiar o desenvol<span class=\"_ _0\"></span>vimento do seu neg\u00f3cio;<span class=\"_ _0\"></span> e </span></span>iii.<span class=\"ffb ls0\"> <span class=\"_ _9c\"> </span><span class=\"ff1\">Manter uma estrutura de ca<span class=\"_ _0\"></span>pital \u00f3tima que lhe pe<span class=\"_ _0\"></span>rmita reduzir o custo do capital. </span></span>De forma a manter ou <span class=\"_ _0\"></span>ajustar a estrutura de c<span class=\"_ _0\"></span>apital, o Grupo pod<span class=\"_ _0\"></span>e ajustar o montante de divi<span class=\"_ _0\"></span>dendos a pagar aos Acionistas, devolver capital aos Acionistas<span class=\"_ _0\"></span>, emitir novas a\u00e7\u00f5es ou ve<span class=\"_ _0\"></span>nder ativos para reduz<span class=\"_ _0\"></span>ir a d\u00edvida. Em linha com o setor, o Gru<span class=\"_ _0\"></span>po monitoriza o seu capital com base no r<span class=\"_ _0\"></span>\u00e1cio de <span class=\"ff7\">gearing</span>, definido como a p<span class=\"_ _0\"></span>ropor\u00e7\u00e3o entre a d\u00edvida l\u00edquida e o capital total.  A d\u00edvida l\u00edquida remune<span class=\"_ _0\"></span>rada \u00e9 calculada como o montante<span class=\"_ _0\"></span> total de empr\u00e9stimos (i<span class=\"_ _0\"></span>ncluindo as parcelas correntes  e n\u00e3o correntes como divul<span class=\"_ _0\"></span>gado na face do balan\u00e7o) ded<span class=\"_ _0\"></span>uzido dos montantes de caix<span class=\"_ _0\"></span>a e equivalentes de<span class=\"_ _0\"></span> caixa.  O capital total \u00e9 calculado at<span class=\"_ _0\"></span>rav\u00e9s da soma dos capitais p<span class=\"_ _0\"></span>r\u00f3prios (como divulgado na Demonstra\u00e7<span class=\"_ _0\"></span>\u00e3o da posi\u00e7\u00e3o financeira), excluindo a\u00e7\u00f5es p<span class=\"_ _0\"></span>r\u00f3prias e interesse<span class=\"_ _0\"></span>s que n\u00e3o controlam, acrescidos da d\u00edvida l\u00edquid<span class=\"_ _0\"></span>a remunerada. O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>lcul<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>\u00e1ci<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> <span class=\"ff7\">ge<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g <span class=\"ff1\">d<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>uint<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma: </span></span>Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Financiamentos<span class=\"_ _1\"></span> obtidos (Nota 5.7<span class=\"_ _1\"></span>) 725.301.722 833.944.049 Caixa e equiva<span class=\"_ _1\"></span>lentes de caixa (N<span class=\"_ _1\"></span>ota 5.9)<span class=\"_ _1\"></span> (343.083.788)<span class=\"_ _1\"></span> (239.171.252)<span class=\"_ _1\"></span> D\u00edvida l\u00edquid<span class=\"_ _1\"></span>a 382.217.934 594.772.797 Capitais pr\u00f3pr<span class=\"_ _1\"></span>ios 1.259.707.514 1.045.114.080 A\u00e7\u00f5es pr\u00f3prias (N<span class=\"_ _1\"></span>ota 5.2) - - Interesses que n\u00e3o<span class=\"_ _1\"></span> controlam (No<span class=\"_ _1\"></span>ta 5.6)<span class=\"_ _1\"></span> (297.977) (286.896) Capitais pr\u00f3prios, e<span class=\"_ _1\"></span>xcluindo a\u00e7<span class=\"_ _1\"></span>\u00f5es pr\u00f3prias e i<span class=\"_ _1\"></span>nteresses que n\u00e3o co<span class=\"_ _1\"></span>ntrolam<span class=\"_ _45\"></span> 1.259.409.537 1.044.827.184 Capital Total<span class=\"_ _1\"></span> 1.641.627.471 1.639.599.981 Gearing 23,28% 36,28% 5.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l s<span class=\"_ _3b\"></span>ocia<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pr\u00f3<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s </span></span>Detentores de c<span class=\"_ _1\"></span>apital da Nav<span class=\"_ _1\"></span>igator A T<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny \u00e9<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Eu<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>next<span class=\"_ _0\"></span> Li<span class=\"_ _0\"></span>sbo<span class=\"_ _0\"></span>a. Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> <span class=\"lsd\">de </span>de<span class=\"_ _0\"></span>zem<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>22,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> soc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Th<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Navig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>ny,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>\u00e9 d<span class=\"_ _0\"></span>e \u20ac<span class=\"ff1\">5<span class=\"_ _0\"></span>00.<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>0.00<span class=\"_ _0\"></span>0 <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra-<span class=\"_ _0\"></span>se t<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>scr<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>liza<span class=\"_ _0\"></span>do,<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tado<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or </span>71<span class=\"_ _0\"></span>1.1<span class=\"_ _0\"></span>83<span class=\"_ _0\"></span>.069<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>sem <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nal <span class=\"_ _0\"></span>(3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1: <span class=\"_ _0\"></span>71<span class=\"_ _0\"></span>1.18<span class=\"_ _0\"></span>3.<span class=\"_ _0\"></span>069<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span>)<span class=\"ls98\">. </span>Em <span class=\"_ _0\"></span>Ass<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ble<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> Ger<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>atad<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e 1<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Mai<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1, <span class=\"_ _0\"></span>foi<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>libe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>edu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>apit<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 50<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>000<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0 e<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a 49<span class=\"_ _0\"></span>5.<span class=\"_ _0\"></span>597<span class=\"_ _0\"></span>.9<span class=\"_ _0\"></span>57,4<span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span>eur<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 4<span class=\"_ _0\"></span>.402<span class=\"_ _0\"></span>.04<span class=\"_ _0\"></span>2,5<span class=\"_ _0\"></span>1 eu<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pec<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 6<span class=\"_ _0\"></span>.316<span class=\"_ _0\"></span>.9<span class=\"_ _0\"></span>31 a<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>pr\u00f3<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> nom<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>san<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Soc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> 711<span class=\"_ _0\"></span>.1<span class=\"_ _0\"></span>83.<span class=\"_ _0\"></span>069<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n\u00e1r<span class=\"_ _0\"></span>ias <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ci<span class=\"_ _0\"></span>rcu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>egu<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pit<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 4<span class=\"_ _0\"></span>95.5<span class=\"_ _0\"></span>97<span class=\"_ _0\"></span>.95<span class=\"_ _0\"></span>7,4<span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span>eur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>500<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0.0<span class=\"_ _0\"></span>00 <span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do o<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o au<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 4.<span class=\"_ _0\"></span>40<span class=\"_ _0\"></span>2.0<span class=\"_ _0\"></span>42,<span class=\"_ _0\"></span>51<span class=\"_ _0\"></span> eur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, se<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>\u00fame<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5es, <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> por<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rpo<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e re<span class=\"ls0\">ser<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>vre<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>(ex<span class=\"_ _0\"></span>cede<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>va l<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>al)<span class=\"_ _0\"></span>. </span>Em<span class=\"ls0\"> 3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>as e<span class=\"_ _0\"></span>ntid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>etin<span class=\"_ _0\"></span>ham<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>arti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uali<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>adas<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> </span>cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Soci<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>etal<span class=\"_ _0\"></span>hav<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue:<span class=\"_ _0\"></span> 31/12/22 31/12/21 Denomina\u00e7\u00e3o<span class=\"_ _1\"></span> N\u00ba de a\u00e7\u00f5es<span class=\"_ _0\"></span> % N\u00ba de a\u00e7\u00f5es<span class=\"_ _0\"></span> % Semapa, SGPS, S<span class=\"_ _1\"></span>.A. 497.617.299 69,97% 497.617.299 69,97% A\u00e7\u00f5es pr\u00f3prias<span class=\"_ _1\"></span> - 0,00% - 0,00% Capital disperso<span class=\"_ _1\"></span> 213.565.770 30,03% 213.565.770 30,03% 711.183.069 100,0% 711.183.069 100,0% A\u00e7\u00f5es pr\u00f3prias <span class=\"ffa\">\u2013</span> Movimentos 31/12/22 31/12/21 Valor Valor contabil\u00edstico contabil\u00edstico N\u00ba<span class=\"ls0\"> de a\u00e7\u00f5e<span class=\"_ _0\"></span>s </span>(Euros) N\u00ba de a\u00e7\u00f5es<span class=\"_ _0\"></span> (Euros) A\u00e7\u00f5es pr\u00f3prias de<span class=\"_ _1\"></span>tidas no in\u00edc<span class=\"_ _1\"></span>io do per\u00edodo<span class=\"_ _1\"></span> -  -  6.316.931 <span class=\"_ _1\"></span> 20.189.264 <span class=\"_ _1\"></span> Aquisi\u00e7\u00e3o de a\u00e7\u00f5es<span class=\"_ _1\"></span> pr\u00f3prias<span class=\"_ _1\"></span> -  -  -  -  Extin\u00e7\u00e3o no per<span class=\"_ _1\"></span>\u00edodo -  -  (6.316.931) (20.189.264)<span class=\"_ _1\"></span> A\u00e7\u00f5es pr\u00f3prias <span class=\"_ _1\"></span>no final do pe<span class=\"_ _1\"></span>r\u00edodo<span class=\"_ _1\"></span> -  -  -  -  As <span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span>m m<span class=\"_ _0\"></span>aio<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tari<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>dqui<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> du<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>08<span class=\"_ _0\"></span> e 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>2, b<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 2018<span class=\"ls0\"> e<span class=\"_ _0\"></span> 201<span class=\"_ _0\"></span>9,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ext<span class=\"_ _0\"></span>int<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>volu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> des<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta-<span class=\"_ _0\"></span><span class=\"ls9a\">se<span class=\"ls0\"> <span class=\"_ _0\"></span>como<span class=\"_ _0\"></span> </span></span></span>se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Valores em Euros<span class=\"_ _1\"></span> Quant Valor Quant Valor A\u00e7\u00f5es pr\u00f3prias de<span class=\"_ _1\"></span>tidas em jan<span class=\"_ _1\"></span>eiro<span class=\"_ _1\"></span> -  -  6.316.931  20.189.264 <span class=\"_ _1\"></span> Extin\u00e7\u00e3o Janeiro -  -  -  -  Fevereiro -  -  -  -  Mar\u00e7o -  -  -  -  Abril -  -  -  -  Maio -  -  (6.316.931) (20.189.264)<span class=\"_ _1\"></span> Junho -  -  -  -  Julho -  -  -  -  Agosto -  -  -  -  Setembro -  -  -  -  Outubro -  -  -  -  Novembro -  -  -  -  Dezembro -  -  -  -  -  -  (6.316.931)<span class=\"_ _1\"></span> (20.189.264)<span class=\"_ _1\"></span> A\u00e7\u00f5es pr\u00f3prias de<span class=\"_ _1\"></span>tidas em dez<span class=\"_ _1\"></span>embro -  -  -  -  A 3<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>det<span class=\"_ _0\"></span>inha<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>r\u00f3<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> uni<span class=\"_ _0\"></span>t\u00e1<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e \u20ac3<span class=\"_ _0\"></span>,4<span class=\"_ _0\"></span>54<span class=\"_ _0\"></span> (31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>1: <span class=\"_ _0\"></span>\u20ac3<span class=\"_ _0\"></span>,35<span class=\"_ _0\"></span>) e <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o b<span class=\"_ _0\"></span>olsi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a da <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span> <span class=\"ff9\">a <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> \u20ac2<span class=\"_ _0\"></span>.4<span class=\"_ _0\"></span>56.<span class=\"_ _0\"></span>42<span class=\"_ _0\"></span>6.32<span class=\"_ _0\"></span>0 <span class=\"_ _0\"></span>(31<span class=\"_ _0\"></span> de<span class=\"_ _3b\"></span> dezem<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span>: \u20ac<span class=\"_ _0\"></span>2.<span class=\"_ _0\"></span>382<span class=\"_ _0\"></span>.46<span class=\"_ _0\"></span>3<span class=\"ff1\">.28<span class=\"_ _0\"></span>1)<span class=\"_ _0\"></span>, f<span class=\"_ _0\"></span>ace<span class=\"_ _0\"></span> </span></span>a u<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>pr\u00f3<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>uzido<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ontr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac1<span class=\"_ _0\"></span>.25<span class=\"_ _0\"></span>9.4<span class=\"_ _0\"></span>09<span class=\"_ _0\"></span>.53<span class=\"_ _0\"></span>7<span class=\"ffd fs11\"> </span><span class=\"ff1\">(<span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> </span>de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span>: \u20ac<span class=\"_ _0\"></span>1.<span class=\"_ _0\"></span>044<span class=\"_ _0\"></span>.82<span class=\"_ _0\"></span>7.1<span class=\"_ _0\"></span>84<span class=\"_ _0\"></span>).<span class=\"ff1\"> </span>Pol\u00edticas Contabil\u00edsticas As <span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> or<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>clas<span class=\"_ _0\"></span>sif<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pit<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00f3pri<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span>l s<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>al.<span class=\"_ _0\"></span>  Os <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u\u00edve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>\u00e0 e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>trum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>pit<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, l<span class=\"_ _0\"></span>\u00edqui<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>bid<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span>.  Os <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ut\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00e0 e<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e no<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m ne<span class=\"_ _0\"></span>g\u00f3c<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>edu<span class=\"_ _0\"></span>zid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>emi<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o. Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>dqui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>-m<span class=\"_ _0\"></span>\u00e3e <span class=\"_ _0\"></span>(a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3p<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>o pag<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>ui o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cust<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ntai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>dir<span class=\"_ _0\"></span>etam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> (l\u00ed<span class=\"_ _0\"></span>quid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpos<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>), <span class=\"_ _0\"></span>\u00e9 de<span class=\"_ _0\"></span>duz<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00f3pri<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>atri<span class=\"_ _0\"></span>bu\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>det<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>t\u00e9 q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> as <span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>jam<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>elad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eem<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ien<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span> Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>seq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>ndid<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> ree<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>alq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>r r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>bim<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>, l\u00edq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>do d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>atri<span class=\"_ _3b\"></span>bu\u00edvei<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpo<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s, \u00e9<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>efl<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>dir<span class=\"_ _0\"></span>etam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pri<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>exe<span class=\"_ _0\"></span>rc\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>. 5.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Resu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> A\u00e7<span class=\"_ _0\"></span>\u00e3o </span></span>2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Resultado atrib<span class=\"_ _1\"></span>u\u00edvel aos Acio<span class=\"_ _1\"></span>nistas da<span class=\"_ _1\"></span> Navigator (Euro<span class=\"_ _1\"></span>s) 392.537.070 <span class=\"_ _1\"></span> 171.411.455 <span class=\"_ _1\"></span> N\u00famero total de a<span class=\"_ _1\"></span>\u00e7\u00f5es emitidas <span class=\"_ _1\"></span> 711.183.069 <span class=\"_ _1\"></span> 711.183.069 <span class=\"_ _1\"></span> N\u00famero m\u00e9dio de a<span class=\"_ _1\"></span>\u00e7\u00f5es pr\u00f3pr<span class=\"_ _1\"></span>ias em carteira <span class=\"_ _1\"></span> -  -  N\u00famero m\u00e9dio p<span class=\"_ _1\"></span>onderado de<span class=\"_ _1\"></span> a\u00e7\u00f5es <span class=\"_ _1\"></span> 711.183.069 <span class=\"_ _1\"></span> 711.183.069 <span class=\"_ _1\"></span> Resultado b\u00e1sico por a<span class=\"_ _1\"></span>\u00e7\u00e3o (E<span class=\"_ _1\"></span>uros) 0,552 0,241 Resultado dilu\u00eddo p<span class=\"_ _1\"></span>or a\u00e7\u00e3o (Eu<span class=\"_ _1\"></span>ros) 0,552 0,241 Pol\u00edticas Contabil\u00edsticas O r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>\u00e1sic<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>\u00e9 a<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>div<span class=\"_ _0\"></span>is\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> lu<span class=\"_ _0\"></span>cro<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>prej<span class=\"_ _0\"></span>u\u00edz<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> aos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>\u00e1rio<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>n\u00fam<span class=\"_ _0\"></span>ero<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>onde<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n\u00e1ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>cir<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>duran<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>o. Par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>alc<span class=\"_ _0\"></span>ular<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dil<span class=\"_ _0\"></span>u\u00eddo<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a aj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> luc<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>eju<span class=\"_ _0\"></span>\u00edzo<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bu\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>det<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ordi<span class=\"_ _0\"></span>n\u00e1<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l pr<span class=\"_ _0\"></span>\u00f3p<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>, be<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span> n\u00fa<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ro m<span class=\"_ _0\"></span>\u00e9d<span class=\"_ _0\"></span>io po<span class=\"_ _0\"></span>nder<span class=\"_ _3b\"></span>ado d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> cir<span class=\"_ _0\"></span>cul<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>fei<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>oda<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>enc<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ordi<span class=\"_ _0\"></span>n\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> dil<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>as. 5.4.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Divi<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>erv<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>\u00eddo<span class=\"_ _0\"></span>s </span></span>Dividendos e reservas atribu\u00eddos no per\u00edodo Montante Dividendos por Valores em Euros<span class=\"_ _1\"></span> atribu\u00eddo a\u00e7\u00e3o (Euros) Atribui\u00e7\u00f5es em <span class=\"_ _1\"></span>2022 Distribui\u00e7\u00e3o de re<span class=\"_ _1\"></span>sultados trans<span class=\"_ _1\"></span>itados 131.632.875 <span class=\"_ _1\"></span> 0,185 Distribui\u00e7\u00e3o de re<span class=\"_ _1\"></span>servas livres<span class=\"_ _1\"></span> 118.355.086 <span class=\"_ _1\"></span> 0,166 Atribui\u00e7\u00f5es em <span class=\"_ _1\"></span>2021 Distribui\u00e7\u00e3o de re<span class=\"_ _1\"></span>sultados trans<span class=\"_ _1\"></span>itados 99.565.630 <span class=\"_ _1\"></span> 0,140 Distribui\u00e7\u00e3o de <span class=\"_ _1\"></span>dividendos antec<span class=\"_ _1\"></span>ipados <span class=\"_ _1\"></span> 49.996.170 <span class=\"_ _1\"></span> 0,070 Em <span class=\"_ _0\"></span>Ass<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ble<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> Ger<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>27<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>The <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Comp<span class=\"_ _0\"></span>any<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ibe<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r \u00e0<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ibui<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac9<span class=\"_ _0\"></span>9.<span class=\"_ _0\"></span>992<span class=\"_ _0\"></span>.34<span class=\"_ _0\"></span>0.<span class=\"ff1\"> </span>Em <span class=\"_ _0\"></span>Ass<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ble<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> Ger<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>1 <span class=\"lsd\">de </span>no<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>ny,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. d<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ou pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r \u00e0<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ibui<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> <span class=\"ff9\">r<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>rva<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>glo<span class=\"_ _0\"></span>bal<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>\u20ac1<span class=\"_ _0\"></span>49<span class=\"_ _0\"></span>.995<span class=\"_ _0\"></span>.6<span class=\"_ _0\"></span>21,<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s<span class=\"ff1\"> </span></span>\u20ac1<span class=\"_ _0\"></span>18.<span class=\"_ _0\"></span>35<span class=\"_ _0\"></span>5.08<span class=\"_ _0\"></span>6 <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s da<span class=\"_ _0\"></span> ru<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> O<span class=\"_ _0\"></span>utra<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>vas <span class=\"_ _0\"></span>e \u20ac<span class=\"_ _0\"></span>31<span class=\"_ _0\"></span>.64<span class=\"_ _0\"></span>0.5<span class=\"_ _0\"></span>35<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>scri<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ubri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>itad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>. Em <span class=\"_ _0\"></span>Ass<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ble<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> Ger<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>13<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>The <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Comp<span class=\"_ _0\"></span>any<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ibe<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r \u00e0<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ibui<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac<span class=\"_ _0\"></span><span class=\"ff1\">99.<span class=\"_ _0\"></span>565<span class=\"_ _0\"></span>.63<span class=\"_ _0\"></span>0. </span></span>No<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>16 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>1 o<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>elh<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> A<span class=\"_ _0\"></span>dmi<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>pany<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A.<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>libe<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>r u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>adia<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s l<span class=\"_ _0\"></span>ucro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> Ac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>stas,<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>49<span class=\"_ _0\"></span>.996<span class=\"_ _0\"></span>.1<span class=\"_ _0\"></span><span class=\"ls16\">70<span class=\"ls0\"> </span></span>eu<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>equ<span class=\"_ _0\"></span>ival<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>il\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>0,0<span class=\"_ _0\"></span>703<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o. Pol\u00edticas Contabil\u00edsticas A d<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> aos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> rec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>vo n<span class=\"_ _0\"></span>as Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>no p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vide<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span>s Aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>Ass<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>blei<span class=\"_ _0\"></span>a G<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> l<span class=\"_ _0\"></span>iqui<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra,<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ipad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>lho<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e Ad<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>. 5.5.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Rese<span class=\"_ _0\"></span>rva<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s </span></span>Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Reserva de convers\u00e3<span class=\"_ _1\"></span>o camb<span class=\"_ _1\"></span>ial 5.343.706 <span class=\"_ _1\"></span> (24.346.001)<span class=\"_ _1\"></span> Reserva de justo va<span class=\"_ _1\"></span>lor 33.997.828 <span class=\"_ _1\"></span> (5.604.076) Reserva lega<span class=\"_ _1\"></span>l 100.000.000 <span class=\"_ _1\"></span> 100.000.000 <span class=\"_ _1\"></span> Outras reservas<span class=\"_ _1\"></span> 3.481.014 <span class=\"_ _1\"></span> 121.836.100 <span class=\"_ _1\"></span> Resultados tran<span class=\"_ _1\"></span>sitados 224.049.919 <span class=\"_ _1\"></span> 231.525.876 <span class=\"_ _1\"></span> Reservas e resultado<span class=\"_ _1\"></span>s transita<span class=\"_ _1\"></span>dos 366.872.467 <span class=\"_ _1\"></span> 423.411.899 <span class=\"_ _1\"></span> Reserva de convers\u00e3o cambial <span class=\"ffa\">\u2013</span> Detalhe Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21      Navigator North A<span class=\"_ _1\"></span>m\u00e9rica (USD<span class=\"_ _1\"></span>) (4.147.000) (4.847.972)      Navigator Pa<span class=\"_ _1\"></span>per Mexico  (MXN<span class=\"_ _1\"></span>) (115.521) (69.753)      Navigator M<span class=\"_ _1\"></span>iddle East Trading<span class=\"_ _1\"></span> DMCC (AED)<span class=\"_ _1\"></span> (6.017) (7.594)      Navigator Eg<span class=\"_ _1\"></span>ypt (EGP)<span class=\"_ _1\"></span> (1.901) (4.037)      Navigator Pa<span class=\"_ _1\"></span>per Company UK<span class=\"_ _1\"></span> (GBP) (230.994) (369.114)      Navigator Euras<span class=\"_ _1\"></span>ia (TYR)<span class=\"_ _1\"></span> 799 <span class=\"ls0\"> </span>799 <span class=\"ls0\"> </span>     Navigator Afr<span class=\"_ _1\"></span>ique du Nord (MA<span class=\"_ _1\"></span>D) 395 <span class=\"ls0\"> </span>395 <span class=\"ls0\"> </span>     Navigator Pa<span class=\"_ _1\"></span>per Poland (PLN)<span class=\"_ _1\"></span> (2.897) (2.897)      Portucel Mo\u00e7am<span class=\"_ _1\"></span>bique (MZM<span class=\"_ _1\"></span>) 9.846.842 <span class=\"_ _1\"></span> (19.045.827)<span class=\"_ _1\"></span> 5.343.706  (24.346.001)<span class=\"_ _1\"></span> A v<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>rub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>bial<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>dev<span class=\"_ _0\"></span>e-<span class=\"_ _0\"></span>se e<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ialm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en\u00e7<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>io d<span class=\"_ _0\"></span>esf<span class=\"_ _0\"></span>avo<span class=\"_ _0\"></span>r\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>cumu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>so d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>r\u00e9<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mo (<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>prim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>) de<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>ngo<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>once<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>\u00e0 su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>a Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>uce<span class=\"_ _0\"></span>l M<span class=\"_ _0\"></span>o\u00e7<span class=\"_ _0\"></span>ambi<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>. E<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>r\u00e9<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>a na<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>a de <span class=\"ls0\">qua<span class=\"_ _0\"></span>si-<span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>va-s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nomi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>moe<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>gei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>ext<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do m<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> </span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ord<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pol\u00ed<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>onta<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>l\u00eds<span class=\"_ _0\"></span>tica<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rres<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nden<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>dife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s acu<span class=\"_ _0\"></span>mul<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> re<span class=\"_ _3b\"></span>conhe<span class=\"_ _0\"></span>cida<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na D<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>onst<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> R<span class=\"_ _0\"></span>endi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>gral<span class=\"_ _0\"></span>, for<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sulta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>exe<span class=\"_ _0\"></span>rc\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>. Reserva de justo valor <span class=\"ffa\">\u2013</span> Detalhe 31/12/22<span class=\"ff3 fs11\"> </span>31/12/21<span class=\"ff3 fs11\"> </span>Valores em Euros<span class=\"_ _1\"></span> Valor bruto<span class=\"_ _0\"></span> Imposto Valor l\u00edquido<span class=\"_ _0\"></span> Valor bruto<span class=\"_ _0\"></span> Imposto Valor l\u00edquido Cobertura risco ta<span class=\"_ _1\"></span>xa de juro<span class=\"_ _1\"></span> 30.899.904 <span class=\"_ _1\"></span> (8.497.474) 22.402.430 <span class=\"_ _1\"></span> (2.231.713)<span class=\"_ _1\"></span> 613.722  (1.617.991) Cobertura risco c<span class=\"_ _1\"></span>ambial<span class=\"_ _1\"></span> 15.993.652 <span class=\"_ _1\"></span> (4.398.254) 11.595.398 <span class=\"_ _1\"></span> (5.498.048)<span class=\"_ _1\"></span> 1.511.963 <span class=\"_ _1\"></span> (3.986.085) 46.893.556 <span class=\"_ _1\"></span> (12.895.728)<span class=\"_ _1\"></span> 33.997.828 <span class=\"_ _1\"></span> (7.729.761)<span class=\"_ _1\"></span> 2.125.685  (5.604.076)<span class=\"_ _1\"></span> Reserva de justo valor <span class=\"ffa\">\u2013</span> Movimentos Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Saldo inicial<span class=\"_ _1\"></span> (5.604.076)<span class=\"_ _1\"></span> (6.641.368)<span class=\"_ _1\"></span> Varia\u00e7\u00e3o do justo<span class=\"_ _1\"></span> valor de instru<span class=\"_ _1\"></span>mentos finance<span class=\"_ _1\"></span>iros derivados (Not<span class=\"_ _1\"></span>a 8.2)<span class=\"_ _1\"></span> 54.623.316 <span class=\"_ _1\"></span> 1.430.747 <span class=\"_ _1\"></span> Imposto difer<span class=\"_ _1\"></span>ido (15.021.412) (393.455) Saldo final 33.997.828 <span class=\"_ _1\"></span> (5.604.076)<span class=\"_ _1\"></span> O m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Var<span class=\"_ _0\"></span>ia\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vado<span class=\"_ _0\"></span>s, no <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e \u20ac<span class=\"_ _0\"></span>54<span class=\"_ _0\"></span>,6 <span class=\"_ _0\"></span>milh<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>u<span class=\"ff1\">i:<span class=\"_ _0\"></span> a)<span class=\"_ _0\"></span> Tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sfer<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>s pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no </span>mo<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e  \u20ac<span class=\"_ _0\"></span>29<span class=\"_ _0\"></span>,3<span class=\"_ _0\"></span> mil<span class=\"_ _0\"></span>h\u00f5e<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s; b<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>Vari<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> jus<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>finan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cobe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span><span class=\"ff9\">\u20ac83,<span class=\"_ _0\"></span>9mi<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span><span class=\"ff1\">. </span></span>Outras reservas <span class=\"ffa\">\u2013</span> Detalhe Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Transfer\u00eancia de<span class=\"_ _1\"></span> excesso de reserva <span class=\"_ _1\"></span>legal para reservas<span class=\"_ _1\"></span> livres<span class=\"_ _1\"></span> 9.790.475 9.790.475 Reservas livres dec<span class=\"_ _1\"></span>orrentes da red<span class=\"_ _1\"></span>u\u00e7\u00e3o de capita<span class=\"_ _1\"></span>l social n\u00e3o distribu<span class=\"_ _1\"></span>\u00eddas<span class=\"_ _1\"></span> 5.994 118.361.080 Regulariza\u00e7\u00e3o<span class=\"_ _1\"></span> aplica\u00e7\u00e3o de resu<span class=\"_ _1\"></span>ltados de 2014 (grat<span class=\"_ _1\"></span>ifica\u00e7\u00e3o de ba<span class=\"_ _1\"></span>lan\u00e7o)<span class=\"_ _1\"></span> 1.476 1.476 Incorpora\u00e7\u00e3o de rese<span class=\"_ _1\"></span>rvas em cap<span class=\"_ _1\"></span>ital (6.316.931) (6.316.931) 3.481.014 121.836.100 Pol\u00edticas Contabil\u00edsticas Res<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r Cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>e \u00e0<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>aria<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>umu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>do j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>ertu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 8<span class=\"_ _0\"></span>.2)<span class=\"_ _0\"></span>, l\u00ed<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s. As <span class=\"_ _0\"></span>var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>ecl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>sult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>o (<span class=\"_ _0\"></span>Not<span class=\"_ _0\"></span>a 5.1<span class=\"_ _0\"></span>1)<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cobe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> afe<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>A v<span class=\"_ _0\"></span>aria<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> rub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o \u00e9 <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>cicl<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>. Res<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>rs\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>camb<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l A r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nver<span class=\"_ _0\"></span>s\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>onde<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tante<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cum<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>opr<span class=\"_ _0\"></span>ia\u00e7<span class=\"_ _0\"></span>\u00e3o pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ulta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>stra<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>zon<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o. Res<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>gal A l<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sl<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>abe<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ce q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>pelo<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s, 5<span class=\"_ _0\"></span>% <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o l<span class=\"_ _0\"></span>\u00edq<span class=\"_ _0\"></span>uido<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>nual<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>do a<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>r\u00e7<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>eser<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span> le<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>20%<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o ca<span class=\"_ _0\"></span>pit<span class=\"_ _0\"></span>al soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l. <span class=\"_ _0\"></span>Es<span class=\"_ _0\"></span>ta r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>erv<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>\u00e9 d<span class=\"_ _0\"></span>istr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>quid<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Soc<span class=\"_ _0\"></span>ied<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e. <span class=\"_ _0\"></span>Pod<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00e1, con<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>do,<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>abso<span class=\"_ _0\"></span>rv<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ju\u00ed<span class=\"_ _0\"></span>zos<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>rva<span class=\"_ _0\"></span>s, o<span class=\"_ _0\"></span>u in<span class=\"_ _0\"></span>corp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>. A r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>va l<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tra-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>u\u00edda<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> seu<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>mit<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>m\u00e1xi<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>ntad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>.<span class=\"ff7\"> </span>Out<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>erva<span class=\"_ _3b\"></span>s e R<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>ltad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os Est<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>itu\u00ed<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>r\u00ean<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>nter<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>edu\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>apit<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>os m<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>N\u00e3<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>l a<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o sa<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>i\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>pr\u00f3<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> det<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as (<span class=\"_ _3b\"></span>Nota 5<span class=\"_ _0\"></span>.2<span class=\"_ _0\"></span>). 5.6.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Int<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>m </span></span>Detalhe de interesses que n\u00e3o controlam, por subsidi\u00e1ria % Capitais pr\u00f3<span class=\"_ _0\"></span>prios Resultado l\u00edq<span class=\"_ _0\"></span>uido Valores em Euros<span class=\"_ _1\"></span> detida 31/12/22 31/12/21<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Raiz - Inst<span class=\"_ _1\"></span>ituto de Investiga\u00e7\u00e3o da<span class=\"_ _1\"></span> Floresta e Pape<span class=\"_ _1\"></span>l 3,0% 297.977  286.896  1.861  7.058  Portucel Mo\u00e7amb<span class=\"_ _1\"></span>ique 9,98% -  -  -  -  297.977  286.896  1.861  7.058  Os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ses <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>olam<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> R<span class=\"_ _0\"></span>AI<span class=\"ls9b\">Z </span><span class=\"ff9\">\u2013</span> <span class=\"_ _0\"></span>Ins<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tut<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>al e <span class=\"_ _0\"></span>Pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>t\u00e9m <span class=\"_ _0\"></span>97<span class=\"_ _0\"></span>% d<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>voto<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s 3<span class=\"_ _0\"></span>% atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>iado<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>xte<span class=\"_ _0\"></span>rno<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo. Em <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>14<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>IFC <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> <span class=\"_ _0\"></span>Int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>nac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>nance<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>rdo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>tend<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> </span></span>en<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a in<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>tui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>i\u00e1<span class=\"_ _0\"></span>ria <span class=\"_ _0\"></span>Po<span class=\"_ _0\"></span>rtu<span class=\"_ _0\"></span>cel <span class=\"_ _0\"></span>Mo<span class=\"_ _0\"></span>\u00e7am<span class=\"_ _0\"></span>biq<span class=\"_ _0\"></span>ue,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A.,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gura<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o ass<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>fas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>flor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o em<span class=\"_ _0\"></span> M<span class=\"_ _0\"></span>o\u00e7a<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 201<span class=\"_ _0\"></span>5 e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esa <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>erad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pita<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>1.0<span class=\"_ _0\"></span>00 <span class=\"_ _0\"></span>mil<span class=\"_ _0\"></span>h\u00f5es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>1.6<span class=\"_ _0\"></span>80<span class=\"_ _0\"></span>,798 mi<span class=\"_ _0\"></span>lh\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>IFC s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>scr<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>, 3<span class=\"_ _0\"></span>32<span class=\"_ _0\"></span>.798<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>pond<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s a 1<span class=\"_ _0\"></span>9,<span class=\"_ _0\"></span>98%<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span> Em<span class=\"ls0\"> f<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>19,<span class=\"_ _0\"></span> oc<span class=\"_ _0\"></span>orre<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ubsc<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>do e<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>scri<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o </span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>a T<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>any<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A.<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>45<span class=\"_ _0\"></span>6.<span class=\"ls16\">596</span>.<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>0 me<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>ndem<span class=\"_ _0\"></span> 90<span class=\"_ _0\"></span>,02<span class=\"_ _0\"></span>% d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>ital<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>da E<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o IF<span class=\"_ _0\"></span>C s<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a 50.<span class=\"_ _0\"></span><span class=\"ls16\">620<span class=\"ls0\">.</span>000 </span>me<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ndem <span class=\"_ _0\"></span>9,<span class=\"_ _0\"></span>98%<span class=\"_ _3b\"></span> do c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ucel<span class=\"_ _0\"></span> M<span class=\"_ _0\"></span>o\u00e7a<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>iqu<span class=\"_ _0\"></span>e.  \u00c0 d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ote\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ola<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue re<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>inj<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>gnifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> ent<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u us<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> liq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>ar pas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o. Movimentos dos interesses que n\u00e3o contro<span class=\"_ _0\"></span>lam<span class=\"_ _1\"></span> Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Saldo inicial<span class=\"_ _1\"></span> 286.896  275.182  Resultado l\u00edqu<span class=\"_ _1\"></span>ido do per\u00edodo<span class=\"_ _1\"></span> 1.861  7.058  Outros rendimentos<span class=\"_ _1\"></span> integrais<span class=\"_ _1\"></span> 9.220  4.656  Saldo final 297.977  286.896<span class=\"ffd\"> <span class=\"_\"> </span></span> 5.7.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>bt<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s </span></span>31/12/22<span class=\"ff3 fs11\"> </span>31/12/21<span class=\"ff3 fs11\"> </span>N\u00e3o N\u00e3o Valores em Euros<span class=\"_ _1\"></span> Corrente Corrente Total Corrente Corrente Total Empr\u00e9stimos por <span class=\"_ _1\"></span>obriga\u00e7\u00f5es<span class=\"_ _1\"></span> 420.000.000 <span class=\"_ _1\"></span> 22.500.000 <span class=\"_ _1\"></span> 442.500.000 <span class=\"_ _1\"></span> 442.500.000 <span class=\"_ _1\"></span> 2.500.000 <span class=\"_ _1\"></span> 445.000.000 <span class=\"_ _1\"></span> Papel Comerc<span class=\"_ _1\"></span>ial 105.000.000 <span class=\"_ _1\"></span> 35.000.000 <span class=\"_ _1\"></span> 140.000.000 <span class=\"_ _1\"></span> 140.000.000 <span class=\"_ _1\"></span> 100.000.000 <span class=\"_ _1\"></span> 240.000.000 <span class=\"_ _1\"></span> Empr\u00e9stimos ban<span class=\"_ _1\"></span>c\u00e1rios<span class=\"_ _1\"></span> 91.511.905 <span class=\"_ _1\"></span> 17.575.397 <span class=\"_ _1\"></span> 109.087.302 <span class=\"_ _1\"></span> 109.087.301 <span class=\"_ _1\"></span> 12.718.254 <span class=\"_ _1\"></span> 121.805.555 <span class=\"_ _1\"></span> Encargos com emi<span class=\"_ _1\"></span>ss\u00e3o de obriga\u00e7<span class=\"_ _1\"></span>\u00f5es<span class=\"_ _1\"></span> (3.480.083) -  (3.480.083) (3.415.421)<span class=\"_ _1\"></span> -  (3.415.421) Incentivos Reem<span class=\"_ _1\"></span>bols\u00e1veis<span class=\"_ _1\"></span> 29.975.064 <span class=\"_ _1\"></span> 7.219.439 <span class=\"_ _1\"></span> 37.194.503 <span class=\"_ _1\"></span> 34.509.610 <span class=\"_ _1\"></span> 4.099.903 <span class=\"_ _1\"></span> 38.609.513 <span class=\"_ _1\"></span> Diferimentos e aju<span class=\"_ _1\"></span>stamentos<span class=\"_ _1\"></span> -  -  -  (8.055.598)<span class=\"_ _1\"></span> -  (8.055.598) T\u00edtulos de d\u00edvid<span class=\"_ _1\"></span>a e d\u00edvid<span class=\"_ _1\"></span>a banc\u00e1ria<span class=\"_ _1\"></span> 643.006.886 <span class=\"_ _1\"></span> 82.294.836 <span class=\"_ _1\"></span> 725.301.722 <span class=\"_ _1\"></span> 714.625.892 <span class=\"_ _1\"></span> 119.318.157 <span class=\"_ _1\"></span> 833.944.049 <span class=\"_ _1\"></span> Taxa m\u00e9dia d<span class=\"_ _1\"></span>e juro, considerand<span class=\"_ _1\"></span>o encargos com co<span class=\"_ _1\"></span>miss\u00f5es an<span class=\"_ _1\"></span>uais e 1,5% 1,5% opera\u00e7\u00f5es de<span class=\"_ _1\"></span> cobertura<span class=\"_ _1\"></span> No<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 <span class=\"ff9\">a <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tiu<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pr\u00e9<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac1<span class=\"_ _0\"></span>50 </span>mi<span class=\"_ _0\"></span>lh\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m m<span class=\"_ _0\"></span>atur<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 20<span class=\"_ _0\"></span>28<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Su<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>inab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ty-<span class=\"_ _0\"></span>Lin<span class=\"_ _0\"></span>ked<span class=\"_ _0\"></span> Bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s F<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>mewor<span class=\"_ _0\"></span>k,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o em<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>mul<span class=\"_ _0\"></span>t\u00e2n<span class=\"_ _0\"></span>eo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ols<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> ant<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>iame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>smo<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>v\u00e1l<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> at\u00e9<span class=\"_ _0\"></span> <span class=\"ls16\">2023.</span> Est<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>uiu <span class=\"_ _0\"></span>para<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ext<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>\u00edvi<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>, be<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a a re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nciam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa,<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>\u00e9m <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>di\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> aj<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ao cum<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>sos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>. As<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ondi<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>do e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>\u00e3o in<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>xad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>r\u00eas<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dica<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> ESG<span class=\"_ _0\"></span> j\u00e1<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sent<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Ag<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Sus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>, po<span class=\"_ _0\"></span>r u<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>vez<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>alin<span class=\"_ _0\"></span>had<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>os O<span class=\"_ _0\"></span>bj<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> D<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>lvi<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o S<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> Uni<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ols<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>lue<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ince<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a A<span class=\"_ _0\"></span>ICEP <span class=\"_ _3b\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> Ag<span class=\"_ _0\"></span>\u00eanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Inve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>e </span></span>Com<span class=\"_ _0\"></span>\u00e9r<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>o Ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rno<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>ugal<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e2mbi<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e di<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>sos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>roje<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>iga\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>vim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> se <span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>i o <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cent<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o \u00e2<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>cele<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e1ria<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Ti<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Avei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A., <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>a f\u00e1<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ti<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>e<span class=\"ff1\"> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Ave<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>. E<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rato<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>ree<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>vo f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sob<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>um </span>in<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>mbo<span class=\"_ _0\"></span>ls\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span> ao <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> m\u00e1<span class=\"_ _0\"></span>xim<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e \u20ac<span class=\"_ _0\"></span>42<span class=\"_ _0\"></span>.166<span class=\"_ _0\"></span>.63<span class=\"_ _0\"></span>6,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>o pa<span class=\"_ _0\"></span>gam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>r\u00ean<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>\u00fal<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>a am<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o em<span class=\"_ _0\"></span> <span class=\"ls16\">2027.</span> A <span class=\"_ _0\"></span>an\u00e1l<span class=\"_ _3b\"></span>ise d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>iam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00e9 a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>8.1<span class=\"_ _0\"></span>.3<span class=\"_ _0\"></span> <span class=\"ff15\">\u2013</span> R<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>. Financiamentos obtidos <span class=\"ffa\">\u2013</span> Detalhe 31/12/22 Montante <span class=\"_ _0\"></span> N\u00e3o Valores em Euros<span class=\"_ _1\"></span> Montante  em d\u00edvida<span class=\"_ _0\"></span> Vencimento<span class=\"_ _0\"></span> Taxa de juro Corrente  Corrente Empr\u00e9stimos p<span class=\"_ _1\"></span>or obriga\u00e7\u00f5es<span class=\"_ _1\"></span> Navigator 2022-20<span class=\"_ _1\"></span>28 ESG junho 2028 Ta<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a v<span class=\"_ _3b\"></span>ari<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _3b\"></span>el i<span class=\"_ _3b\"></span>nd<span class=\"_ _0\"></span>exa<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r, <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap <span class=\"_ _3b\"></span>par<span class=\"_ _3b\"></span>a t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a -  150.000.000 <span class=\"_ _1\"></span> 150.000.000 <span class=\"_ _1\"></span> 150.000.000 <span class=\"_ _1\"></span> Navigator 2019-20<span class=\"_ _1\"></span>26 janeiro 2026<span class=\"_ _1\"></span> Taxa Fixa -  50.000.000 <span class=\"_ _1\"></span> 50.000.000 <span class=\"_ _1\"></span> 50.000.000 <span class=\"_ _1\"></span> Navigator 2019-20<span class=\"_ _1\"></span>25 mar\u00e7o 2025 Ta<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a v<span class=\"_ _3b\"></span>ari<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _3b\"></span>el i<span class=\"_ _3b\"></span>nd<span class=\"_ _0\"></span>exa<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r, <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap <span class=\"_ _3b\"></span>par<span class=\"_ _3b\"></span>a t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a 20.000.000 <span class=\"_ _1\"></span> 30.000.000 <span class=\"_ _1\"></span> 50.000.000 <span class=\"_ _1\"></span> 50.000.000 <span class=\"_ _1\"></span> Navigator 2021-20<span class=\"_ _1\"></span>26 abril 2026 Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 2.500.000 <span class=\"_ _1\"></span> 15.000.000 <span class=\"_ _1\"></span> 17.500.000 <span class=\"_ _1\"></span> 17.500.000 <span class=\"_ _1\"></span> Navigator 2020-20<span class=\"_ _1\"></span>26 dezembro 2026<span class=\"_ _1\"></span> Ta<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a v<span class=\"_ _3b\"></span>ari<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _3b\"></span>el i<span class=\"_ _3b\"></span>nd<span class=\"_ _0\"></span>exa<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r, <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap <span class=\"_ _3b\"></span>par<span class=\"_ _3b\"></span>a t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a -  75.000.000 <span class=\"_ _1\"></span> 75.000.000 <span class=\"_ _1\"></span> 75.000.000 <span class=\"_ _1\"></span> Navigator 2021-20<span class=\"_ _1\"></span>26 ESG agosto 2026 Ta<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a v<span class=\"_ _3b\"></span>ari<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _3b\"></span>el i<span class=\"_ _3b\"></span>nd<span class=\"_ _0\"></span>exa<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r, <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap <span class=\"_ _3b\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _3b\"></span>tax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a -  100.000.000 <span class=\"_ _1\"></span> 100.000.000 <span class=\"_ _1\"></span> 100.000.000 <span class=\"_ _1\"></span> Comiss\u00f5es -  (3.480.083) -  (3.480.083) Banco Europeu d<span class=\"_ _1\"></span>e Investiment<span class=\"_ _1\"></span>o Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Energia dezembro 2024<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 7.083.333 <span class=\"_ _1\"></span> 7.083.334 <span class=\"_ _1\"></span> 14.166.667 <span class=\"_ _1\"></span> 14.166.667 <span class=\"_ _1\"></span> Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Cacia maio 2028 Taxa Fixa 2.777.778 <span class=\"_ _1\"></span> 12.500.000 <span class=\"_ _1\"></span> 15.277.778 <span class=\"_ _1\"></span> 15.277.778 <span class=\"_ _1\"></span> Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Figueira<span class=\"_ _1\"></span> fevereiro 2029<span class=\"_ _1\"></span> Taxa Fixa 5.714.286 <span class=\"_ _1\"></span> 31.428.571 <span class=\"_ _1\"></span> 37.142.857 <span class=\"_ _1\"></span> 37.142.857 <span class=\"_ _1\"></span> Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Biomass Bo<span class=\"_ _1\"></span>iler ESG mar\u00e7o 2031 Taxa Fixa -  27.500.000 <span class=\"_ _1\"></span> 27.500.000 <span class=\"_ _1\"></span> 27.500.000 <span class=\"_ _1\"></span> Programa de<span class=\"_ _1\"></span> Papel Comerci<span class=\"_ _1\"></span>al Programa de Pape<span class=\"_ _1\"></span>l Comercial 175<span class=\"_ _1\"></span>M fevereiro 2026<span class=\"_ _1\"></span> Taxa Fixa 35.000.000 <span class=\"_ _1\"></span> 105.000.000 <span class=\"_ _1\"></span> 140.000.000 <span class=\"_ _1\"></span> 140.000.000 <span class=\"_ _1\"></span> Programa de Pape<span class=\"_ _1\"></span>l Comercial 65M<span class=\"_ _1\"></span> ESG<span class=\"_ _1\"></span> dezembro 2026<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> -  -  65.000.000 <span class=\"_ _1\"></span> -  Programa de Pape<span class=\"_ _1\"></span>l Comercial 75M<span class=\"_ _1\"></span> fevereiro 2026<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> - -  75.000.000 <span class=\"_ _1\"></span> -  Programa de Pape<span class=\"_ _1\"></span>l Comercial 50M<span class=\"_ _1\"></span> dezembro 2025<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> - -  50.000.000 <span class=\"_ _1\"></span> -  Financiamentos<span class=\"_ _1\"></span> Financiamento <span class=\"_ _1\"></span>longo prazo<span class=\"_ _1\"></span> mar\u00e7o 2026 Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 2.000.000 <span class=\"_ _1\"></span> 13.000.000 <span class=\"_ _1\"></span> 15.000.000 <span class=\"_ _1\"></span> 15.000.000 <span class=\"_ _1\"></span> Incentivos Ree<span class=\"_ _1\"></span>mbols\u00e1veis<span class=\"_ _1\"></span> AICEP novembro 2027<span class=\"_ _1\"></span> Taxa Fixa 7.219.439 <span class=\"_ _1\"></span> 29.975.064 <span class=\"_ _1\"></span> 37.194.503 <span class=\"_ _1\"></span> 37.194.503 <span class=\"_ _1\"></span> Diferimentos e aju<span class=\"_ _1\"></span>stamentos<span class=\"_ _1\"></span> -  -  -  -  Linhas banc\u00e1ria<span class=\"_ _1\"></span>s   Linha curto prazo<span class=\"_ _1\"></span> 20M -  - 20.450.714 <span class=\"_ _1\"></span> -  725.301.722 <span class=\"_ _1\"></span> 82.294.836 <span class=\"_ _1\"></span> 643.006.886 <span class=\"_ _1\"></span> 31/12/21 Montante <span class=\"_ _0\"></span> N\u00e3o Valores em Euros<span class=\"_ _1\"></span> Montante  em d\u00edvida<span class=\"_ _0\"></span> Vencimento<span class=\"_ _0\"></span> Taxa de juro<span class=\"_ _0\"></span> Corrente  Corrente Empr\u00e9stimos p<span class=\"_ _1\"></span>or obriga\u00e7\u00f5es<span class=\"_ _1\"></span> Navigator 2015-20<span class=\"_ _1\"></span>23 150.000.000 <span class=\"_ _1\"></span> 150.000.000 <span class=\"_ _1\"></span> setembro 2023<span class=\"_ _1\"></span> Ta<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a v<span class=\"_ _3b\"></span>ari<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _3b\"></span>el i<span class=\"_ _3b\"></span>nd<span class=\"_ _0\"></span>exa<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r, <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap <span class=\"_ _3b\"></span>par<span class=\"_ _3b\"></span>a t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a -  150.000.000 <span class=\"_ _1\"></span> Navigator 2019-20<span class=\"_ _1\"></span>26 50.000.000 <span class=\"_ _1\"></span> 50.000.000 <span class=\"_ _1\"></span> janeiro 2026<span class=\"_ _1\"></span> Taxa Fixa -  50.000.000 <span class=\"_ _1\"></span> Navigator 2019-20<span class=\"_ _1\"></span>25 50.000.000 <span class=\"_ _1\"></span> 50.000.000 <span class=\"_ _1\"></span> mar\u00e7o 2025 Ta<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a v<span class=\"_ _3b\"></span>ari<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _3b\"></span>el i<span class=\"_ _3b\"></span>nd<span class=\"_ _0\"></span>exa<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r, <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap <span class=\"_ _3b\"></span>par<span class=\"_ _3b\"></span>a t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a -  50.000.000 <span class=\"_ _1\"></span> Navigator 2021-20<span class=\"_ _1\"></span>26 20.000.000 <span class=\"_ _1\"></span> 20.000.000 <span class=\"_ _1\"></span> abril 2026 Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 2.500.000 <span class=\"_ _1\"></span> 17.500.000 <span class=\"_ _1\"></span> Navigator 2020-20<span class=\"_ _1\"></span>26 75.000.000 <span class=\"_ _1\"></span> 75.000.000 <span class=\"_ _1\"></span> dezembro 2026<span class=\"_ _1\"></span> Ta<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a v<span class=\"_ _3b\"></span>ari<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _3b\"></span>el i<span class=\"_ _3b\"></span>nd<span class=\"_ _0\"></span>exa<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r, <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap <span class=\"_ _3b\"></span>par<span class=\"_ _3b\"></span>a t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a -  75.000.000 <span class=\"_ _1\"></span> Navigator 2021-20<span class=\"_ _1\"></span>26 ESG 100.000.000 <span class=\"_ _1\"></span> 100.000.000 <span class=\"_ _1\"></span> agosto 2026 Taxa Fixa -  100.000.000 <span class=\"_ _1\"></span> Comiss\u00f5es -  (3.415.421) -  (3.415.421) Banco Europeu d<span class=\"_ _1\"></span>e Investiment<span class=\"_ _1\"></span>o Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Energia 21.250.000 <span class=\"_ _1\"></span> 21.250.000 <span class=\"_ _1\"></span> dezembro 2024<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 7.083.333 <span class=\"_ _1\"></span> 14.166.667 <span class=\"_ _1\"></span> Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Cacia 18.055.555 <span class=\"_ _1\"></span> 18.055.555 <span class=\"_ _1\"></span> maio 2028 Taxa Fixa 2.777.778 <span class=\"_ _1\"></span> 15.277.777 <span class=\"_ _1\"></span> Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Figueira<span class=\"_ _1\"></span> 40.000.000 <span class=\"_ _1\"></span> 40.000.000 <span class=\"_ _1\"></span> fevereiro 2029<span class=\"_ _1\"></span> Taxa Fixa 2.857.143 <span class=\"_ _1\"></span> 37.142.857 <span class=\"_ _1\"></span> Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Biomass Bo<span class=\"_ _1\"></span>iler ESG 27.500.000 <span class=\"_ _1\"></span> 27.500.000 <span class=\"_ _1\"></span> mar\u00e7o 2031 Taxa Fixa -  27.500.000 <span class=\"_ _1\"></span> Programa de<span class=\"_ _1\"></span> Papel Comerci<span class=\"_ _1\"></span>al Programa de Pape<span class=\"_ _1\"></span>l Comercial 175<span class=\"_ _1\"></span>M 175.000.000 <span class=\"_ _1\"></span> 175.000.000 <span class=\"_ _1\"></span> fevereiro 2026<span class=\"_ _1\"></span> Taxa Fixa 35.000.000 <span class=\"_ _1\"></span> 140.000.000 <span class=\"_ _1\"></span> Programa de Pape<span class=\"_ _1\"></span>l Comercial 65M<span class=\"_ _1\"></span> ESG<span class=\"_ _1\"></span> 65.000.000 <span class=\"_ _1\"></span> 65.000.000 <span class=\"_ _1\"></span> janeiro 2022<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 65.000.000 <span class=\"_ _1\"></span> -  Programa de Pape<span class=\"_ _1\"></span>l Comercial 75M<span class=\"_ _1\"></span> 75.000.000 <span class=\"_ _1\"></span> -  fevereiro 2026<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> - -  Programa de Pape<span class=\"_ _1\"></span>l Comercial 50M<span class=\"_ _1\"></span> 50.000.000 <span class=\"_ _1\"></span> -  dezembro 2025<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> - -  Financiamentos<span class=\"_ _1\"></span> Financiamento <span class=\"_ _1\"></span>longo prazo<span class=\"_ _1\"></span> 15.000.000 <span class=\"_ _1\"></span> 15.000.000 <span class=\"_ _1\"></span> mar\u00e7o 2026 Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 15.000.000 <span class=\"_ _1\"></span> Incentivos Ree<span class=\"_ _1\"></span>mbols\u00e1veis<span class=\"_ _1\"></span> AICEP 38.609.513 <span class=\"_ _1\"></span> 38.609.513 <span class=\"_ _1\"></span> novembro 2027<span class=\"_ _1\"></span> Taxa Fixa 4.099.903 <span class=\"_ _1\"></span> 34.509.610 <span class=\"_ _1\"></span> Diferimentos<span class=\"_ _1\"></span> -  (8.055.598) -  (8.055.598) Linhas banc\u00e1ria<span class=\"_ _1\"></span>s   Linha curto pra<span class=\"_ _1\"></span>zo 20M 20.450.714 <span class=\"_ _1\"></span> -  -  - 833.944.049 <span class=\"_ _1\"></span> 119.318.157 <span class=\"_ _1\"></span> 714.625.892 <span class=\"_ _1\"></span> Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, <span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>d\u00ed<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> os en<span class=\"_ _0\"></span>car<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>nuai<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rtur<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 1.<span class=\"_ _0\"></span>5%<span class=\"_ _0\"></span> (a <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> dez<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21 <span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e 1<span class=\"_ _0\"></span>.5%<span class=\"_ _0\"></span>). Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tav<span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>8%<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>ndex<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ao cum<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>sos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> (31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1: <span class=\"_ _0\"></span>23%<span class=\"_ _0\"></span>). Os <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ree<span class=\"_ _0\"></span>mbo<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es de<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>ham<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 N\u00e3o corrente<span class=\"_ _1\"></span> 1 a 2 anos 84.259.122 234.259.122 2 a 3 anos 156.640.074 86.223.407 3 a 4 anos 261.140.074 106.640.074 4 a 5 anos 19.640.074 261.140.074 Mais de 5 anos<span class=\"_ _1\"></span> 124.807.625 37.834.234 646.486.969 726.096.911 Comiss\u00f5es (3.480.083) (11.<span class=\"ls24\">471</span>.019) 643.006.886 714.625.892 Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Prog<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>omer<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al, Fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>ong<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>raz<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>sad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, be<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>como<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>to di<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>n\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> <span class=\"ff9\">ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>\u20ac2<span class=\"_ _0\"></span>10<span class=\"_ _0\"></span>.450<span class=\"_ _0\"></span>.7<span class=\"_ _0\"></span>14 (<span class=\"_ _0\"></span><span class=\"ff1 ls16\">31<span class=\"ls0\"> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span><span class=\"ff9\">de <span class=\"_ _0\"></span>2021<span class=\"_ _0\"></span>: <span class=\"_ _0\"></span>\u20ac14<span class=\"_ _0\"></span>5.4<span class=\"_ _0\"></span>50<span class=\"_ _0\"></span>.714<span class=\"_ _0\"></span><span class=\"ff1 lsd\">).<span class=\"fs11 ls0\"> </span></span></span></span></span></span>Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a d\u00ed<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>a l\u00ed<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>mune<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>-se c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Financiamentos<span class=\"_ _1\"></span> obtidos (Nota 5.7<span class=\"_ _1\"></span>) 725.301.722 833.944.049 Caixa e equiva<span class=\"_ _1\"></span>lentes de caixa (N<span class=\"_ _1\"></span>ota 5.9)<span class=\"_ _1\"></span> (343.083.788)<span class=\"_ _1\"></span> (239.171.252)<span class=\"_ _1\"></span> D\u00edvida l\u00edquid<span class=\"_ _1\"></span>a remunerada<span class=\"_ _1\"></span> 382.217.934 594.772.797 Passivos de loca\u00e7\u00e3o <span class=\"_ _1\"></span><span class=\"ff1\">(Nota<span class=\"_ _1\"></span> 5.8)</span> 61.641.049 53.240.925 D\u00edvida l\u00edquid<span class=\"_ _1\"></span>a remunerada co<span class=\"_ _1\"></span>m passivos de loca\u00e7\u00e3o<span class=\"_ _45\"></span> 443.858.983 648.013.722 Covenants<span class=\"ff3\"> financeiros em vigor </span>R\u00e1cio Defini\u00e7\u00e3o<span class=\"_ _0\"></span> Empr\u00e9stimos Limite Cobertura de juros<span class=\"_ _1\"></span> EBITDA 12M / Juro<span class=\"_ _1\"></span>s l\u00edquidos anua<span class=\"_ _1\"></span>lizados<span class=\"_ _1\"></span> Banc\u00e1rios \u2265<span class=\"ff1\"> 4,5 - 5,5<span class=\"_ _1\"></span> </span>Endividamento<span class=\"_ _1\"></span> D\u00edvida remunerada <span class=\"_ _1\"></span>/ EBITDA 12M<span class=\"_ _1\"></span> Banc\u00e1rios \u2264<span class=\"ff1\"> 4,5 </span>Banc\u00e1rios \u2264<span class=\"ff1\"> 4,0 </span>(D\u00edvida remunerada<span class=\"_ _1\"></span> - D<span class=\"_ _1\"></span>isponibilidades) / Net Debt / EBITDA<span class=\"_ _1\"></span> Papel Comerc<span class=\"_ _1\"></span>ial \u2264<span class=\"ff1\"> 4,0 - 5,0<span class=\"_ _1\"></span> </span>EB<span class=\"ls0\">ITDA 12M </span>Obriga\u00e7\u00f5es<span class=\"_ _1\"></span> \u2264<span class=\"ff1\"> 4,0 </span>Ten<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or b<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sent<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>De<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>r\u00e1ci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tav<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>\u00eanci<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>1 de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21:<span class=\"_ _0\"></span> Estimativas e julgamentos Pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omer<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> tem<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>rso<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>rog<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>miss<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l n<span class=\"_ _0\"></span>ego<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ordo<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> fr<span class=\"_ _0\"></span>equ<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>uri<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l i<span class=\"_ _0\"></span>nfer<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>, mas<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>a <span class=\"ff7\">re<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span><span class=\"ff1\">. No<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>o <span class=\"ff7\">r<span class=\"_ _0\"></span>oll<span class=\"_ _0\"></span> ov<span class=\"_ _0\"></span>er<span class=\"ff1\"> <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s </span></span></span></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es. R\u00e1cios 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>21<span class=\"ls0\"> </span>Cobertura de juros<span class=\"_ _1\"></span> 85,43  35,29  Endividamento<span class=\"_ _1\"></span> 0,98  2,35  Net Debt / EBITDA<span class=\"_ _1\"></span> 0,52  1,68  Os <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>apu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o qu<span class=\"_ _0\"></span>adr<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>clue<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sivos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>. Ate<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> lim<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>atual<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> e 2<span class=\"_ _0\"></span>0<span class=\"ls16\">21</span> o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> sit<span class=\"_ _0\"></span>ua\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de cum<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span><span class=\"ff7\">cov<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>s<span class=\"ff1\"> ne<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>A m<span class=\"_ _0\"></span>arg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> m\u00ed<span class=\"_ _0\"></span>nima <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>uran<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rido<span class=\"_ _0\"></span>s </span></span>cov<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>s<span class=\"ff1\"> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>zem<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span><span class=\"ls16\">21<span class=\"ls0\">, en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>tari<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>n\u00edve<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>de </span></span></span>se<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>erio<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>a 8<span class=\"_ _0\"></span>0%. Pol\u00edticas Contabil\u00edsti<span class=\"ls5\">cas</span> Os <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ntos<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>bti<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>lue<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>Obr<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Pap<span class=\"_ _0\"></span>el C<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>os ban<span class=\"_ _0\"></span>c\u00e1r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e ou<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>anci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>. Me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al Ao <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cust<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s. Me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e Ao <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tiz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>, u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>todo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>uro e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a. A d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bol<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ensu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>al \u00e9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ngo<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>d\u00ed<span class=\"_ _0\"></span>vida <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> \u201cJ<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>s em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9sti<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>bti<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>\u201d n<span class=\"_ _0\"></span>a <span class=\"ff1\">N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 5.<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013</span> <span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s. </span>Ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor O v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>co d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>obti<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>curto<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>raz<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ou c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> tax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ri\u00e1v<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>rox<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>a-<span class=\"_ _0\"></span>se d<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>. O j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>bti<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>mun<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>\u00e9 di<span class=\"_ _0\"></span>vul<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>do n<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 8.3<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> At<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s.<span class=\"ff3\"> </span></span></span>Apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o No<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> cor<span class=\"_ _3b\"></span>rente<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>xce<span class=\"_ _0\"></span>to s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>r u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>dire<span class=\"_ _0\"></span>ito <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>dici<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>erir<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>liqu<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> 12<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ap\u00f3s<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ato.<span class=\"_ _0\"></span> <span class=\"_ _39\"> </span> 5.8.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Pas<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> </span></span>Passivos de loca\u00e7\u00e3o - Natureza 31/12/22<span class=\"ff3 fs11\"> </span>31/12/21<span class=\"ff3 fs11\"> </span>Valores em Euros<span class=\"_ _1\"></span> N\u00e3o corrent<span class=\"_ _0\"></span>e Corrente Total N\u00e3o corrent<span class=\"_ _0\"></span>e Corrente Total Terrenos florestais<span class=\"_ _1\"></span> 46<span class=\"ls0\">.</span>724<span class=\"ls0\">.663  </span>2.<span class=\"ls24\">666</span>.086  49<span class=\"ls0\">.</span>390<span class=\"ls0\">.749  </span>40<span class=\"ls0\">.</span>983<span class=\"ls0\">.597  </span>2.<span class=\"ls24\">281</span>.533  43<span class=\"ls0\">.</span>265<span class=\"ls0\">.130  </span>Edif\u00edcios 1.<span class=\"ls24\">868</span>.940  513<span class=\"ls0\">.</span>178 <span class=\"ls0\"> </span>2.<span class=\"ls24\">382</span>.118  2.<span class=\"ls24\">382</span>.118  502<span class=\"ls0\">.</span>419 <span class=\"ls0\"> </span>2.<span class=\"ls24\">884</span>.537  Viaturas 3.<span class=\"ls24\">070</span>.109  1.<span class=\"ls24\">540</span>.904  4.<span class=\"ls24\">611</span>.013  2.<span class=\"ls24\">046</span>.436  1.<span class=\"ls24\">370</span>.600  3.<span class=\"ls24\">417</span>.036  Licen\u00e7as de soft<span class=\"_ _1\"></span>ware 94<span class=\"ls0\">.</span>312 <span class=\"ls0\"> </span>155<span class=\"ls0\">.</span>401 <span class=\"ls0\"> </span>249<span class=\"ls0\">.</span>713 <span class=\"ls0\"> </span>175<span class=\"ls0\">.</span>072 <span class=\"ls0\"> </span>292<span class=\"ls0\">.</span>097 <span class=\"ls0\"> </span>467<span class=\"ls0\">.</span>169 <span class=\"ls0\"> </span>Outros passivos de<span class=\"_ _1\"></span> loca\u00e7\u00e3o 3.<span class=\"ls24\">331</span>.059  1.<span class=\"ls24\">676</span>.397  5.<span class=\"ls24\">007</span>.456  1.<span class=\"ls24\">829</span>.870  1.<span class=\"ls24\">377</span>.184  3.<span class=\"ls24\">207</span>.054  55<span class=\"ls0\">.</span>089<span class=\"ls0\">.<span class=\"_ _1\"></span>083  </span>6.551.<span class=\"ls2b\">966 <span class=\"_ _1\"></span></span> 61<span class=\"ls0\">.</span>641<span class=\"ls0\">.<span class=\"_ _1\"></span>049  </span>47<span class=\"ls0\">.</span>417<span class=\"_ _1\"></span><span class=\"ls0\">.092  </span>5.823.<span class=\"ls2b\">833 <span class=\"_ _1\"></span></span> 53<span class=\"ls0\">.</span>240<span class=\"_ _1\"></span><span class=\"ls0\">.925  </span>Passivos de loca\u00e7\u00e3o <span class=\"ffa\">\u2013</span> Movimenta\u00e7\u00e3o Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Saldo a 1 de janeir<span class=\"_ _1\"></span>o 53<span class=\"ls0\">.</span>240<span class=\"ls0\">.<span class=\"_ _1\"></span>925  </span>53<span class=\"ls0\">.</span>080<span class=\"_ _1\"></span><span class=\"ls0\">.919  </span>Amortiza\u00e7\u00e3o de<span class=\"_ _1\"></span> contratos (8<span class=\"ls0\">.<span class=\"ls24\">837</span>.422)<span class=\"_ _1\"></span> </span>(8<span class=\"ls0\">.<span class=\"ls24\">965</span>.290)<span class=\"_ _1\"></span> </span>Novos contratos<span class=\"_ _1\"></span> 15<span class=\"ls0\">.</span>338<span class=\"ls0\">.938  </span>7.<span class=\"ls24\">448</span>.703  Custos com juros<span class=\"_ _1\"></span> 2.<span class=\"ls24\">300</span>.665  2.<span class=\"ls24\">042</span>.333  Outras altera\u00e7\u00f5es<span class=\"_ _1\"></span> (402.057) (365.740) Total de altera<span class=\"_ _1\"></span>\u00e7\u00f5es nos passiv<span class=\"_ _1\"></span>os relacionado<span class=\"_ _1\"></span>s<span class=\"_ _1\"></span> 8.400.<span class=\"ls2b\">124 <span class=\"_ _1\"></span></span> 160<span class=\"ls0\">.006 <span class=\"_ _1\"></span> </span>Saldo a 31 de d<span class=\"_ _1\"></span>ezembro 61<span class=\"ls0\">.</span>641<span class=\"ls0\">.<span class=\"_ _1\"></span>049  </span>53<span class=\"ls0\">.</span>240<span class=\"_ _1\"></span><span class=\"ls0\">.925  </span>Passivos de loca\u00e7\u00e3o <span class=\"ffa\">\u2013</span> Responsabilidades futuras 31/12/22<span class=\"ff3 fs11\"> </span>31/12/21<span class=\"ff3 fs11\"> </span>Rendas Juro sobre Valor atual da<span class=\"_ _0\"></span>s Rendas Juro sobre Valor atual da<span class=\"_ _0\"></span>s Valores em Euros<span class=\"_ _1\"></span> vincendas o passivo responsabilid<span class=\"_ _0\"></span>ades vincendas o passivo responsabilid<span class=\"_ _0\"></span>ades A menos de 1 an<span class=\"_ _1\"></span>o 4.<span class=\"ls24\">435</span>.662  2.116 304  6.<span class=\"ls24\">551</span>.966  3.<span class=\"ls24\">971</span>.610  1.<span class=\"ls24\">852</span>.223  5.<span class=\"ls24\">823</span>.833  1 a 2 anos 3.<span class=\"ls24\">891</span>.713  1.<span class=\"ls24\">952</span>.737  5.<span class=\"ls24\">844</span>.450  3.<span class=\"ls24\">368</span>.272  1.<span class=\"ls24\">708</span>.916  5.<span class=\"ls24\">077</span>.188  2 a 3 anos 3.<span class=\"ls24\">041</span>.072  1.<span class=\"ls24\">797</span>.386  4.<span class=\"ls24\">838</span>.458  2.<span class=\"ls24\">867</span>.678  1.<span class=\"ls24\">575</span>.482  4.<span class=\"ls24\">443</span>.160  3 a 4 anos 2.<span class=\"ls24\">809</span>.096  1.<span class=\"ls24\">653</span>.338  4.<span class=\"ls24\">462</span>.434  1.<span class=\"ls24\">999</span>.426  1.<span class=\"ls24\">450</span>.866  3.<span class=\"ls24\">450</span>.292  4 a 5 anos 2.<span class=\"ls24\">165</span>.139  1.<span class=\"ls24\">516</span>.362  3.<span class=\"ls24\">681</span>.501  1.<span class=\"ls24\">748</span>.655  1.<span class=\"ls24\">337</span>.957  3.<span class=\"ls24\">086</span>.612  Mais de 5 anos<span class=\"_ _1\"></span> 25<span class=\"ls0\">.</span>989<span class=\"ls0\">.077  </span>10<span class=\"ls0\">.</span>273<span class=\"ls0\">.163  </span>36<span class=\"ls0\">.</span>262<span class=\"ls0\">.240  </span>22<span class=\"ls0\">.</span>150<span class=\"ls0\">.369  </span>9.<span class=\"ls24\">209</span>.471  31<span class=\"ls0\">.</span>359<span class=\"ls0\">.840  </span>Valor atual das 42<span class=\"ls0\">.</span>331<span class=\"_ _1\"></span><span class=\"ls0\">.759  </span>19<span class=\"ls0\">.</span>309<span class=\"ls0\">.<span class=\"_ _1\"></span>290  </span>61<span class=\"ls0\">.</span>641<span class=\"ls0\">.<span class=\"_ _1\"></span>049  </span>36<span class=\"ls0\">.</span>106<span class=\"ls0\">.<span class=\"_ _1\"></span>010  </span>17<span class=\"ls0\">.</span>134<span class=\"ls0\">.<span class=\"_ _1\"></span>915  </span>53<span class=\"ls0\">.</span>240<span class=\"_ _1\"></span><span class=\"ls0\">.925  </span>responsabilidad<span class=\"_ _1\"></span>es No<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>c\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>31 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2021<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>dec<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ciam<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>incl<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>xos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>aixa<span class=\"_ _0\"></span> e/<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o. A <span class=\"_ _0\"></span>an\u00e1l<span class=\"_ _3b\"></span>ise d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> loc<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e9 a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 8<span class=\"_ _0\"></span>.1.<span class=\"_ _0\"></span>3 <span class=\"_ _0\"></span><span class=\"ff15\">\u2013<span class=\"ff7\"> R<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co d<span class=\"_ _0\"></span>e </span></span>liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>. Pol\u00edticas Contabil\u00edsticas Na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>in\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nclu<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>gam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>duz<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>vari<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> esp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>am pag<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>t\u00ed<span class=\"_ _0\"></span>tulo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esi<span class=\"_ _0\"></span>dual<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>uem<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> o p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>c\u00edci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>p\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o ra<span class=\"_ _0\"></span>zo<span class=\"_ _0\"></span>avel<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>idas<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u pa<span class=\"_ _0\"></span>gam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>enal<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cis<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a l<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>r a op<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>ir o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>o. No<span class=\"_ _0\"></span> c\u00e1<span class=\"_ _0\"></span>lcu<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> jur<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> jur<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>ta n<span class=\"_ _0\"></span>a l<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>r f<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>lme<span class=\"_ _0\"></span>nte de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>n\u00e1v<span class=\"_ _0\"></span>el. Sub<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r do<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> loc<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e9 i<span class=\"_ _0\"></span>ncre<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> jur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 5.1<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> <span class=\"_ _0\"></span>Ren<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e g<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>) e<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>u\u00ed<span class=\"_ _0\"></span>do p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>loca<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>). </span></span>Pol\u00edticas Contabil\u00edsticas A r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Cai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>aixa<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>i c<span class=\"_ _0\"></span>aix<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>\u00f3si<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>outr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>urto<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>uri<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>\u00e9 3 <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>z\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nif<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>tua\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r.<span class=\"_ _0\"></span>  5.9.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Caix<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>len<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>xa </span></span>Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Numer\u00e1rio 32<span class=\"ls0\">.</span>356 <span class=\"ls0\"> </span>35<span class=\"ls0\">.</span>334 <span class=\"ls0\"> </span>Dep\u00f3sitos banc\u00e1r<span class=\"_ _1\"></span>ios imediata<span class=\"_ _1\"></span>mente mobiliz\u00e1ve<span class=\"_ _1\"></span>is 191<span class=\"ls0\">.</span>824<span class=\"ls0\">.254  </span>220<span class=\"ls0\">.</span>585<span class=\"ls0\">.472  </span>Outras aplica\u00e7\u00f5es<span class=\"_ _1\"></span> de tesouraria    <span class=\"_ _1\"></span>                                  <span class=\"_ _1\"></span>           <span class=\"_ _1\"></span> 151<span class=\"ls0\">.</span>227<span class=\"ls0\">.178  </span>18<span class=\"ls0\">.</span>550<span class=\"ls0\">.446  </span>343<span class=\"ls0\">.083.7<span class=\"_ _1\"></span>88  </span>239<span class=\"ls0\">.171.2<span class=\"_ _1\"></span>52  </span>Em <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>rub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Out<span class=\"_ _0\"></span>ras <span class=\"_ _0\"></span>apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _3b\"></span>s de <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>sour<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ia i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lui<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac1<span class=\"_ _0\"></span>51<span class=\"_ _0\"></span>.227<span class=\"_ _0\"></span><span class=\"ff1\">.1<span class=\"_ _0\"></span>78 <span class=\"_ _0\"></span>(31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>zemb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> </span></span>2021<span class=\"lsd\">: <span class=\"ff9 ls0\">\u20ac18<span class=\"_ _0\"></span>.55<span class=\"_ _0\"></span>0.44<span class=\"_ _0\"></span>6<span class=\"ff1\">)<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>onta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>apl<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s pe<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>tf<span class=\"_ _0\"></span>\u00f3li<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>finan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os </span></span></span>de<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>raz<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> ele<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>a l<span class=\"_ _0\"></span>iqui<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>z e<span class=\"_ _0\"></span> emi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> <span class=\"ff7\">r<span class=\"_ _0\"></span>atin<span class=\"_ _0\"></span>g<span class=\"ff1\"> <span class=\"_ _0\"></span>adeq<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>do. </span></span>Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> <span class=\"ls16\">2021</span>, <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tem <span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>cati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>aix<span class=\"_ _0\"></span>a e <span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>uiva<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>este<span class=\"_ _0\"></span>ja<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>suje<span class=\"_ _0\"></span>itos<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ri\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>so d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po. Par<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ux<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>xa<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a rub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lui<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>mb\u00e9<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>cobe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ban<span class=\"_ _0\"></span>c\u00e1r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>pres<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> na <span class=\"_ _0\"></span>Po<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eira<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ssiv<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte,<span class=\"_ _0\"></span> na <span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ica <span class=\"_ _0\"></span>Fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 5.<span class=\"_ _0\"></span>7). 5.10.<span class=\"ffd ls0\"> <span class=\"_ _46\"> </span><span class=\"ff3\">Fl<span class=\"_ _0\"></span>ux<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>aix<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es  </span></span>de <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o Movimentos nos passivos de atividades de finan<span class=\"_ _0\"></span>ciamento do Grupo Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Saldo em 1 de janeir<span class=\"_ _1\"></span>o 833<span class=\"ls0\">.944.0<span class=\"_ _1\"></span>49  </span>982<span class=\"ls0\">.410.7<span class=\"_ _1\"></span>83  </span>Pagamento de empr\u00e9st<span class=\"_ _1\"></span>imos obtido<span class=\"_ _1\"></span>s (533.<span class=\"ls24\">070</span>.<span class=\"ls24\">676)</span> (291.<span class=\"ls24\">527</span>.<span class=\"ls24\">778)</span> Recebimentos de e<span class=\"_ _1\"></span>mpr\u00e9stimos obt<span class=\"_ _1\"></span>idos<span class=\"_ _1\"></span> 430<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>147<span class=\"ls0\">.</span>500<span class=\"ls0\">.000  </span>Subs\u00eddios reembo<span class=\"_ _1\"></span>ls\u00e1veis (5<span class=\"ls0\">.<span class=\"ls24\">636</span>.313)<span class=\"_ _1\"></span> </span>(4<span class=\"ls0\">.<span class=\"ls24\">472</span>.875)<span class=\"_ _1\"></span> </span>Varia\u00e7\u00e3o dos encarg<span class=\"_ _1\"></span>os com a em<span class=\"_ _1\"></span>iss\u00e3o de empr\u00e9st<span class=\"_ _1\"></span>imos 64<span class=\"ls0\">.</span>662 <span class=\"ls0\"> </span>33<span class=\"ls0\">.</span>919 <span class=\"ls0\"> </span>Varia\u00e7\u00e3o da D\u00edvid<span class=\"_ _1\"></span>a remunerada<span class=\"_ _1\"></span> (108.642.327)<span class=\"_ _1\"></span> (148.466.734)<span class=\"_ _1\"></span> D\u00edvida remune<span class=\"_ _1\"></span>rada bruta<span class=\"_ _1\"></span> 725<span class=\"ls0\">.301.7<span class=\"_ _1\"></span>22  </span>833<span class=\"ls0\">.944.0<span class=\"_ _1\"></span>49  </span>5.11.<span class=\"ffd ls0\"> <span class=\"_ _46\"> </span><span class=\"ff3\">Ren<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s </span></span>Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Juros suportados co<span class=\"_ _1\"></span>m t\u00edtulos de d<span class=\"_ _1\"></span>\u00edvida e d\u00edv<span class=\"_ _1\"></span>ida banc\u00e1ria<span class=\"_ _1\"></span> (9<span class=\"ls0\">.<span class=\"ls24\">900</span>.458)<span class=\"_ _1\"></span> </span>(10.<span class=\"ls24\">777</span>.640) Comiss\u00f5es de e<span class=\"_ _1\"></span>mpr\u00e9stimos e gast<span class=\"_ _1\"></span>os com aberturas de<span class=\"_ _1\"></span> cr\u00e9dito <span class=\"_ _1\"></span> (4<span class=\"ls0\">.<span class=\"ls24\">355</span>.369)<span class=\"_ _1\"></span> </span>(3<span class=\"ls0\">.<span class=\"ls24\">241</span>.922)<span class=\"_ _1\"></span> </span>Juros suportado<span class=\"_ _1\"></span>s por apli<span class=\"_ _1\"></span>ca\u00e7\u00e3o do m\u00e9<span class=\"_ _1\"></span>todo do juro efetivo<span class=\"_ _1\"></span> (14.255.827)<span class=\"_ _1\"></span> (14.019.562)<span class=\"_ _1\"></span> Juros suportados co<span class=\"_ _1\"></span>m passivos de <span class=\"_ _1\"></span>loca\u00e7\u00e3o<span class=\"_ _1\"></span> (2<span class=\"ls0\">.<span class=\"ls24\">300</span>.665)<span class=\"_ _1\"></span> </span>(2<span class=\"ls0\">.<span class=\"ls24\">042</span>.333)<span class=\"_ _1\"></span> </span>Gastos financeir<span class=\"_ _1\"></span>os relativos \u00e0 <span class=\"_ _1\"></span>estrutura de<span class=\"_ _1\"></span> capital do Grupo<span class=\"_ _45\"></span> (16.556.492)<span class=\"_ _1\"></span> (16.061.895)<span class=\"_ _1\"></span> Diferen\u00e7as de c\u00e2<span class=\"_ _1\"></span>mbio favor\u00e1veis /<span class=\"_ _1\"></span> (desfavor\u00e1<span class=\"_ _1\"></span>veis)<span class=\"_ _1\"></span> (33.<span class=\"ls24\">492</span>.711) 2.<span class=\"ls24\">702</span>.247  Ganhos / (Perdas)<span class=\"_ _1\"></span> com instrument<span class=\"_ _1\"></span>os derivados de cobertu<span class=\"_ _1\"></span>ra taxa de juro (Nota 8<span class=\"_ _1\"></span>.2)<span class=\"_ _1\"></span> (1<span class=\"ls0\">.<span class=\"ls24\">504</span>.772)<span class=\"_ _1\"></span> </span>(3<span class=\"ls0\">.<span class=\"ls24\">583</span>.179)<span class=\"_ _1\"></span> </span>Ganhos / (Perdas)<span class=\"_ _1\"></span> com instrument<span class=\"_ _1\"></span>os derivados de neg<span class=\"_ _1\"></span>ocia\u00e7\u00e3o (Nota 8.2)<span class=\"_ _45\"></span> (4<span class=\"ls0\">.<span class=\"ls24\">289</span>.597)<span class=\"_ _1\"></span> </span>(4<span class=\"ls0\">.<span class=\"ls24\">265</span>.016)<span class=\"_ _1\"></span> </span>Perdas com juros <span class=\"_ _1\"></span>compensat\u00f3r<span class=\"_ _1\"></span>ios (1<span class=\"ls0\">.<span class=\"ls24\">229</span>.577)<span class=\"_ _1\"></span> </span>-  Outros gastos e per<span class=\"_ _1\"></span>das financeiros<span class=\"_ _1\"></span>   <span class=\"_ _1\"></span> (1<span class=\"ls0\">.<span class=\"ls24\">598</span>.842)<span class=\"_ _1\"></span> </span>-  Gastos e perd<span class=\"_ _1\"></span>as financeiros<span class=\"_ _1\"></span> (58.671.991)<span class=\"_ _1\"></span> (21.207.843)<span class=\"_ _1\"></span> Juros obtidos de<span class=\"_ _1\"></span> ativos financeiros<span class=\"_ _1\"></span> ao custo amort<span class=\"_ _1\"></span>izado<span class=\"_ _1\"></span> 1.<span class=\"ls24\">146</span>.979  726<span class=\"ls0\">.</span>713 <span class=\"ls0\"> </span>Ganhos com instru<span class=\"_ _1\"></span>mentos der<span class=\"_ _1\"></span>ivados de cobertura <span class=\"_ _1\"></span>(Nota 8.2)<span class=\"_ _1\"></span> -  391<span class=\"ls0\">.</span>539 <span class=\"ls0\"> </span>Ganhos com juros<span class=\"_ _1\"></span> compensat\u00f3rios<span class=\"_ _1\"></span> 395<span class=\"ls0\">.</span>732 <span class=\"ls0\"> </span>2.<span class=\"ls24\">274</span>.881  Outros rendimentos<span class=\"_ _1\"></span> e ganhos fina<span class=\"_ _1\"></span>nceiros<span class=\"_ _1\"></span> 146<span class=\"ls0\">.</span>270 <span class=\"ls0\"> </span>37<span class=\"ls0\">.</span>501 <span class=\"ls0\"> </span>Rendimentos e g<span class=\"_ _1\"></span>anhos fina<span class=\"_ _1\"></span>nceiros<span class=\"_ _1\"></span> 1.688.<span class=\"ls2b\">981 <span class=\"_ _1\"></span></span> 3.430.<span class=\"ls2b\">634 <span class=\"_ _1\"></span></span> Resultados fi<span class=\"_ _1\"></span>nanceiros<span class=\"_ _1\"></span> (56.983.010)<span class=\"_ _1\"></span> (17.777.209)<span class=\"_ _1\"></span> 6.1.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Impo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>e o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>\u00edo<span class=\"_ _0\"></span>do </span></span>6.1.1.<span class=\"ls0\"> <span class=\"_ _50\"> </span>Imposto reconhecido<span class=\"_ _1\"></span> na demonst<span class=\"_ _1\"></span>ra\u00e7\u00e3o dos resu<span class=\"_ _1\"></span>ltados </span>consolidados<span class=\"_ _1\"></span> Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Imposto corrente<span class=\"_ _1\"></span> 150<span class=\"ls0\">.</span>703<span class=\"ls0\">.440  </span>37<span class=\"ls0\">.</span>586<span class=\"ls0\">.136  </span>Varia\u00e7\u00e3o de pos<span class=\"_ _1\"></span>i\u00e7\u00f5es fiscais incert<span class=\"_ _1\"></span>as no per\u00edodo<span class=\"_ _1\"></span> (18.<span class=\"ls24\">448</span>.125) (9<span class=\"ls0\">.<span class=\"ls24\">121</span>.784)<span class=\"_ _1\"></span> </span>Imposto difer<span class=\"_ _1\"></span>ido (Nota 6.2)<span class=\"_ _1\"></span> (8<span class=\"ls0\">.<span class=\"ls24\">317</span>.503)<span class=\"_ _1\"></span> </span>11<span class=\"ls0\">.</span>913<span class=\"ls0\">.967  </span>123<span class=\"ls0\">.937.8<span class=\"_ _1\"></span>12  </span>40<span class=\"ls0\">.</span>378<span class=\"_ _1\"></span><span class=\"ls0\">.319  </span>Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 o<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> <span class=\"ff9\">co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nclui<span class=\"_ _0\"></span> \u20ac<span class=\"_ _0\"></span>132<span class=\"_ _0\"></span>.48<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>44<span class=\"_ _0\"></span>0 (3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>deze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> </span>20<span class=\"_ _0\"></span>21:<span class=\"_ _0\"></span> \u20ac3<span class=\"_ _0\"></span>6.<span class=\"_ _0\"></span>488<span class=\"_ _0\"></span>.39<span class=\"_ _0\"></span>4)<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a no<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>metr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span><span class=\"ff1\"> do <span class=\"_ _0\"></span>agr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>scal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a </span>The<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>0<span class=\"ls16\">21</span> <span class=\"ff9\">a<span class=\"_ _0\"></span> rub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a \u201c<span class=\"_ _0\"></span>Var<span class=\"_ _0\"></span>ia\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>ince<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>\u201d </span>re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> o e<span class=\"_ _0\"></span>xc<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>o/i<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ci\u00ea<span class=\"_ _0\"></span>ncia <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>cho<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>r\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>alg<span class=\"_ _0\"></span>uns<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>\u00e9ri<span class=\"_ _0\"></span>as c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>tez<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>bem<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma\u00e7\u00e3o<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>ncu<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>ecl<span class=\"_ _0\"></span>ama<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s g<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>Adm<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>Fisc<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>uri<span class=\"_ _0\"></span>spr<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>\u00eanc<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>nais<span class=\"_ _0\"></span>. N\u00e3o<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> espe<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>to.<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ltad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>tuar<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span><span class=\"ff9\">se<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m \u20ac5<span class=\"_ _0\"></span>6.<span class=\"_ _0\"></span>98<span class=\"_ _0\"></span>3.01<span class=\"_ _0\"></span>0 <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s (3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1:<span class=\"_ _0\"></span> </span>\u20ac1<span class=\"_ _0\"></span>7.7<span class=\"_ _0\"></span>77<span class=\"_ _0\"></span>.209<span class=\"_ _0\"></span>).<span class=\"_ _0\"></span> Pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>agra<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>iu o<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>cto <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac<span class=\"_ _0\"></span>30<span class=\"_ _0\"></span>.356.<span class=\"_ _0\"></span>97<span class=\"_ _0\"></span>2 ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>fav<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>\u00e1vei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>acu<span class=\"_ _0\"></span>mul<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>ssoc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> ao re<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bol<span class=\"_ _0\"></span>so d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mo (<span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>) d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>ong<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>zo c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>o \u00e0<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di\u00e1r<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tuc<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> Mo\u00e7<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>. E<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>\u00e9st<span class=\"_ _0\"></span>imo <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>si-c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rav<span class=\"_ _0\"></span>a-se<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>nom<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m mo<span class=\"_ _0\"></span>eda<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a ext<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cord<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pol<span class=\"_ _0\"></span>\u00edti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>il\u00ed<span class=\"_ _0\"></span>stic<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>cum<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>adas,<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>nter<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span>es na <span class=\"_ _0\"></span>Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Inte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, f<span class=\"_ _0\"></span>oram<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nhec<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>exe<span class=\"_ _0\"></span>rc\u00ed<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>o. Pol\u00edticas Contabil\u00edsticas O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o \u201c<span class=\"_ _0\"></span>Rend<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>os\u201d<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>rend<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a ati<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>sour<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o: i<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>obt<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>xc<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>urar<span class=\"_ _0\"></span>ia;<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ii)<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s ne<span class=\"_ _0\"></span>goc<span class=\"_ _0\"></span>iad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ura <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>axa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>c\u00e2m<span class=\"_ _0\"></span>bio<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>igna\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a. Taxa de imposto nominal No<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>apre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s, o<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mpo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>omi<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>ortu<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 27<span class=\"_ _0\"></span>,5%<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a le<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>sla\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>como<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ue: 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Portugal Taxa nominal de <span class=\"_ _1\"></span>imposto sobre o r<span class=\"_ _1\"></span>endimento<span class=\"_ _1\"></span> 21,0% 21,0% Derrama munic<span class=\"_ _1\"></span>ipal 1,5% 1,5% 22,5% 22,5% Derrama estadual<span class=\"_ _1\"></span> - sobre as parte<span class=\"_ _1\"></span>s dos lucros tr<span class=\"_ _1\"></span>ibut\u00e1veis entre 1<span class=\"_ _1\"></span>.500.000 Euro<span class=\"_ _1\"></span>s e 7.500.000 Euros<span class=\"_ _1\"></span> <span class=\"_ _1\"></span> 3,0% 3,0% Derrama estadual<span class=\"_ _1\"></span> - sobre as parte<span class=\"_ _1\"></span>s dos lucros tr<span class=\"_ _1\"></span>ibut\u00e1veis entre 7<span class=\"_ _1\"></span>.500.000 Euro<span class=\"_ _1\"></span>s e 35.000.000 Euro<span class=\"_ _1\"></span>s <span class=\"_ _1\"></span> 5,0% 5,0% Derrama estadual<span class=\"_ _1\"></span> - sobre as parte<span class=\"_ _1\"></span>s dos lucros tr<span class=\"_ _1\"></span>ibut\u00e1veis aci<span class=\"_ _1\"></span>ma de 35.000.000<span class=\"_ _1\"></span> Euros <span class=\"_ _1\"></span> 9,0% 9,0% Reconcilia\u00e7\u00e3o da taxa efetiva de imposto sobre o rend<span class=\"_ _0\"></span>imento do per\u00edodo<span class=\"_ _1\"></span> Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Resultado antes de<span class=\"_ _1\"></span> impostos<span class=\"_ _1\"></span> 516<span class=\"ls0\">.476.7<span class=\"_ _1\"></span>43  </span>211<span class=\"ls0\">.796.8<span class=\"_ _1\"></span>32  </span>Imposto esperado<span class=\"_ _1\"></span> \u00e0 taxa nom<span class=\"_ _1\"></span>inal (21%)<span class=\"_ _1\"></span> 108<span class=\"ls0\">.</span>460<span class=\"ls0\">.116  </span>44<span class=\"ls0\">.</span>477<span class=\"ls0\">.335  </span>Derrama munic<span class=\"_ _1\"></span>ipal (2022: 1,38<span class=\"_ _1\"></span>% ; 2021: 1,17%)<span class=\"_ _1\"></span> 7.<span class=\"ls24\">144</span>.221  2.<span class=\"ls24\">480</span>.719  Derrama estadual<span class=\"_ _1\"></span> (2022; 5,23% ;<span class=\"_ _1\"></span> 2021: 3,04%)<span class=\"_ _1\"></span> 27<span class=\"ls0\">.</span>023<span class=\"ls0\">.780  </span>6.<span class=\"ls24\">442</span>.237  Imposto resulta<span class=\"_ _1\"></span>nte da taxa apl<span class=\"_ _1\"></span>ic\u00e1vel<span class=\"_ _1\"></span> 142<span class=\"ls0\">.628.1<span class=\"_ _1\"></span>17  </span>53<span class=\"ls0\">.</span>400<span class=\"_ _1\"></span><span class=\"ls0\">.290  </span>Taxa nominal d<span class=\"_ _1\"></span>e imposto do pe<span class=\"_ _1\"></span>r\u00edodo<span class=\"_ _1\"></span> 27,6% 25,2% Diferen\u00e7as (a)<span class=\"_ _1\"></span> (17.<span class=\"ls24\">001</span>.119) (4<span class=\"ls0\">.<span class=\"ls24\">008</span>.681)<span class=\"_ _1\"></span> </span>Excesso de estimat<span class=\"_ _1\"></span>iva de imposto<span class=\"_ _1\"></span> -  (4<span class=\"ls0\">.<span class=\"ls24\">684</span>.477)<span class=\"_ _1\"></span> </span>Benef\u00edcios fisca<span class=\"_ _1\"></span>is \u00e0 coleta<span class=\"_ _1\"></span> (2<span class=\"ls0\">.<span class=\"ls24\">557</span>.382)<span class=\"_ _1\"></span> </span>(5<span class=\"ls0\">.<span class=\"ls24\">120</span>.858)<span class=\"_ _1\"></span> </span>Tributa\u00e7\u00e3o aut\u00f3no<span class=\"_ _1\"></span>ma 868<span class=\"ls0\">.</span>196 <span class=\"ls0\"> </span>792<span class=\"ls0\">.</span>046 <span class=\"ls0\"> </span>123<span class=\"ls0\">.937.8<span class=\"_ _1\"></span>12  </span>40<span class=\"ls0\">.</span>378<span class=\"_ _1\"></span><span class=\"ls0\">.319  </span>Taxa efe<span class=\"_ _1\"></span>tiva de imposto 24,0% 19,1% (a) Este valor respe<span class=\"_ _1\"></span>ita essencia<span class=\"_ _1\"></span>lmente a :<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Mais / (Menos) va<span class=\"_ _1\"></span>lias fiscais<span class=\"_ _1\"></span> (92.879) 1.<span class=\"ls24\">993</span>.450  (Mais) / Menos va<span class=\"_ _1\"></span>lias contabi<span class=\"_ _1\"></span>l\u00edsticas<span class=\"_ _1\"></span> 16<span class=\"ls0\">.</span>734 <span class=\"ls0\"> </span>(2<span class=\"ls0\">.<span class=\"ls24\">039</span>.580)<span class=\"_ _1\"></span> </span>Imparidades e prov<span class=\"_ _1\"></span>is\u00f5es tributada<span class=\"_ _1\"></span>s  (32.<span class=\"ls24\">689</span>.635) (7<span class=\"ls0\">.<span class=\"ls24\">167</span>.993)<span class=\"_ _1\"></span> </span>Benef\u00edcios fisca<span class=\"_ _1\"></span>is (26.<span class=\"ls24\">637</span>.333) (5<span class=\"ls0\">.<span class=\"ls24\">871</span>.622)<span class=\"_ _1\"></span> </span>Benef\u00edcios p\u00f3s-e<span class=\"_ _1\"></span>mprego<span class=\"_ _1\"></span> (2<span class=\"ls0\">.<span class=\"ls24\">394</span>.591)<span class=\"_ _1\"></span> </span>(5<span class=\"ls0\">.<span class=\"ls24\">118</span>.074)<span class=\"_ _1\"></span> </span>Outros (24.547) 3.<span class=\"ls24\">626</span>.797  (61.822.251)<span class=\"_ _1\"></span> (14.577.022)<span class=\"_ _1\"></span> Impacto fiscal (<span class=\"_ _1\"></span>27,5%)<span class=\"_ _1\"></span> (17.001.119)<span class=\"_ _1\"></span> (4<span class=\"ls0\">.008.681) </span>6.1.2.<span class=\"ls0\"> <span class=\"_ _50\"> </span>Imposto reconhecido<span class=\"_ _1\"></span> na demonst<span class=\"_ _1\"></span>ra\u00e7\u00e3o da posi\u00e7\u00e3o<span class=\"_ _1\"></span> financeira </span>consolidada<span class=\"_ _1\"></span> Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Ativo Valores pendentes<span class=\"_ _1\"></span> de reembolso<span class=\"_ _1\"></span> 16<span class=\"ls0\">.</span>216<span class=\"ls0\">.543  </span>1.<span class=\"ls24\">118</span>.815  16<span class=\"ls0\">.</span>216<span class=\"ls0\">.<span class=\"_ _1\"></span>543  </span>1.118.<span class=\"ls2b\">815 <span class=\"_ _1\"></span></span> Passivo Imposto sobre o<span class=\"_ _1\"></span> Rendimento das<span class=\"_ _1\"></span> Pessoa<span class=\"_ _1\"></span>s Coletivas - I<span class=\"_ _1\"></span>RC 110<span class=\"ls0\">.</span>712<span class=\"ls0\">.325  </span>19<span class=\"ls0\">.</span>913<span class=\"ls0\">.222  </span>Responsabilidade<span class=\"_ _1\"></span>s adiciona<span class=\"_ _1\"></span>is de imposto (IRC)<span class=\"_ _1\"></span> 14<span class=\"ls0\">.</span>762<span class=\"ls0\">.361  </span>19<span class=\"ls0\">.</span>967<span class=\"ls0\">.180  </span>125<span class=\"ls0\">.474.6<span class=\"_ _1\"></span>86  </span>39<span class=\"ls0\">.</span>880<span class=\"_ _1\"></span><span class=\"ls0\">.402  </span>Decomposi\u00e7\u00e3o da rubrica imposto sobr<span class=\"_ _0\"></span>e o rendimento das pessoas coletivas <span class=\"_ _1\"></span> \u2013<span class=\"ff3\"> IRC l\u00edquido </span>Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Imposto sobre o<span class=\"_ _1\"></span> rendimento do pe<span class=\"_ _1\"></span>r\u00edodo 150<span class=\"ls0\">.</span>703<span class=\"ls0\">.440  </span>37<span class=\"ls0\">.</span>586<span class=\"ls0\">.136  </span>Pagamentos por conta,<span class=\"_ _1\"></span> especia<span class=\"_ _1\"></span>is e adicionais por conta<span class=\"_ _1\"></span> (37.<span class=\"ls24\">500</span>.934) (19.<span class=\"ls24\">000</span>.792) Reten\u00e7\u00f5es na fonte a<span class=\"_ _1\"></span> recuperar<span class=\"_ _1\"></span> (44.686) (22.809) Outros valores a <span class=\"_ _1\"></span>(receber)/Pagar<span class=\"_ _1\"></span> (2<span class=\"ls0\">.<span class=\"ls24\">445</span>.495)<span class=\"_ _1\"></span> </span>1.<span class=\"ls24\">350</span>.687  110<span class=\"ls0\">.712.3<span class=\"_ _1\"></span>25  </span>19<span class=\"ls0\">.</span>913<span class=\"_ _1\"></span><span class=\"ls0\">.222  </span>Os <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Im<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> sob<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> Pe<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>oas<span class=\"_ _0\"></span> Col<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ago<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>no e<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>rc\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>scr<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>nam<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> seg<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>: Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Pagamento / (Reem<span class=\"_ _1\"></span>bolso) do IRC do <span class=\"_ _1\"></span>per\u00edodo anter<span class=\"_ _1\"></span>ior 10<span class=\"ls0\">.</span>851<span class=\"ls0\">.693  </span>2.<span class=\"ls24\">748</span>.971  Pagamentos por conta,<span class=\"_ _1\"></span> especia<span class=\"_ _1\"></span>is e adicionais por conta<span class=\"_ _1\"></span> 37<span class=\"ls0\">.</span>500<span class=\"ls0\">.934  </span>19<span class=\"ls0\">.</span>000<span class=\"ls0\">.792  </span>Reten\u00e7\u00f5es na fonte<span class=\"_ _1\"></span> 44<span class=\"ls0\">.</span>686 <span class=\"ls0\"> </span>22<span class=\"ls0\">.</span>809 <span class=\"ls0\"> </span>Reembolsos de pr<span class=\"_ _1\"></span>ocessos fiscais d<span class=\"_ _1\"></span>ecididos a favor do<span class=\"_ _1\"></span> Grup<span class=\"_ _1\"></span>o (977.298) (2<span class=\"ls0\">.<span class=\"ls24\">090</span>.502)<span class=\"_ _1\"></span> </span>Pagamentos de resp<span class=\"_ _1\"></span>onsabilidades<span class=\"_ _1\"></span> adicionais de<span class=\"_ _1\"></span> <span class=\"_ _1\"></span>imposto 17<span class=\"ls0\">.</span>350<span class=\"ls0\">.270  </span>-  Outros pagamentos<span class=\"_ _1\"></span> / (reembolsos<span class=\"_ _1\"></span>) de imposto sobre<span class=\"_ _1\"></span> o rendimento<span class=\"_ _1\"></span> (4<span class=\"ls0\">.905)<span class=\"_ _1\"></span> </span>967<span class=\"ls0\">.</span>532 <span class=\"ls0\"> </span>Pagamentos/(re<span class=\"_ _1\"></span>cebimentos) d<span class=\"_ _1\"></span>o imposto sobre o<span class=\"_ _1\"></span> rendimento <span class=\"_ _45\"></span> 64<span class=\"ls0\">.</span>765<span class=\"ls0\">.<span class=\"_ _1\"></span>380  </span>20<span class=\"ls0\">.</span>649<span class=\"_ _1\"></span><span class=\"ls0\">.602  </span>Valores pendentes de reembolso Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>IRC (RETGS) 2005<span class=\"_ _1\"></span> 13<span class=\"ls0\">.</span>886<span class=\"ls0\">.728  </span>-  RFAI 2010 a 2012 <span class=\"_ _1\"></span>- juros indemn<span class=\"_ _1\"></span>izat\u00f3rios<span class=\"_ _1\"></span> 1.<span class=\"ls24\">076</span>.611  1.<span class=\"ls24\">076</span>.611  IRC 2016 - Navi<span class=\"_ _1\"></span>gator Tissue R<span class=\"_ _1\"></span>od\u00e3o 861<span class=\"ls0\">.</span>866 <span class=\"ls0\"> </span>-  IRC 2016 - Proces<span class=\"_ _1\"></span>so CAAD 7/2022<span class=\"_ _1\"></span> 272<span class=\"ls0\">.</span>697 <span class=\"ls0\"> </span>-  IRC (RETGS) 2020<span class=\"_ _1\"></span> 62<span class=\"ls0\">.</span>867 <span class=\"ls0\"> </span>-  Outros 55<span class=\"ls0\">.</span>774 <span class=\"ls0\"> </span>42<span class=\"ls0\">.</span>204 <span class=\"ls0\"> </span>16<span class=\"ls0\">.</span>216<span class=\"ls0\">.<span class=\"_ _1\"></span>543  </span>1.118.<span class=\"ls2b\">815 <span class=\"_ _1\"></span></span> Os <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> dis<span class=\"_ _0\"></span>cri<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ue: Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Saldo no in\u00edcio do p<span class=\"_ _1\"></span>er\u00edodo<span class=\"_ _1\"></span> 1.118.<span class=\"ls2b\">815 <span class=\"_ _1\"></span></span> 3.482.<span class=\"ls2b\">762 <span class=\"_ _1\"></span></span> Aumentos <span class=\"_ _1\"></span> 16<span class=\"ls0\">.</span>075<span class=\"ls0\">.026  </span>97<span class=\"ls0\">.</span>239 <span class=\"ls0\"> </span>Pagamentos / (receb<span class=\"_ _1\"></span>imentos)<span class=\"_ _1\"></span> (977.298) (2<span class=\"ls0\">.<span class=\"ls24\">027</span>.635)<span class=\"_ _1\"></span> </span>Revers\u00f5es -  (433.551) 16<span class=\"ls0\">.</span>216<span class=\"ls0\">.<span class=\"_ _1\"></span>543  </span>1.118.<span class=\"ls2b\">815 <span class=\"_ _1\"></span></span> Provis\u00f5es fiscais incertas <span class=\"ffa\">\u2013</span> Passivos Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Saldo no in\u00edcio do p<span class=\"_ _1\"></span>er\u00edodo<span class=\"_ _1\"></span> 19<span class=\"ls0\">.</span>967<span class=\"ls0\">.<span class=\"_ _1\"></span>180 </span>22<span class=\"ls0\">.</span>898<span class=\"_ _1\"></span><span class=\"ls0\">.753  </span>Aumentos <span class=\"_ _1\"></span> 4.<span class=\"ls24\">572</span>.566  8.<span class=\"ls24\">094</span>.261  Pagamentos / (receb<span class=\"_ _1\"></span>imentos)<span class=\"_ _1\"></span> 17<span class=\"ls0\">.</span>350<span class=\"ls0\">.270  </span>(62.867) Revers\u00f5es (27.<span class=\"ls24\">127</span>.655) (10.<span class=\"ls24\">962</span>.967) Varia\u00e7\u00e3o no per\u00edod<span class=\"_ _1\"></span>o (5<span class=\"ls0\">.204.819) </span>(2<span class=\"ls0\">.931.573) </span>14<span class=\"ls0\">.</span>762<span class=\"ls0\">.<span class=\"_ _1\"></span>361  </span>19<span class=\"ls0\">.</span>967<span class=\"_ _1\"></span><span class=\"ls0\">.180  </span>Liquida\u00e7\u00f5es pagas em contencioso Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> liq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> adi<span class=\"_ _0\"></span>cion<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>osto<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span> pag<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>conh<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo,<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>am ao<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>m-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 IRC agregado 2005<span class=\"_ _1\"></span> (Nota 10.3)<span class=\"_ _1\"></span> 10<span class=\"ls0\">.</span>394<span class=\"ls0\">.386  </span>10<span class=\"ls0\">.</span>394<span class=\"ls0\">.386  </span>IRC agregado 2006<span class=\"_ _1\"></span> (Nota 10.3)<span class=\"_ _1\"></span> 8.<span class=\"ls24\">150</span>.146  8.<span class=\"ls24\">150</span>.146  IRC 2015 - Navi<span class=\"_ _1\"></span>gator Tissue R<span class=\"_ _1\"></span>\u00f3d\u00e3o, S.A. 7.<span class=\"ls24\">586</span>.361  7.<span class=\"ls24\">586</span>.361  IRC agregado 2018<span class=\"_ _1\"></span> 14<span class=\"ls0\">.</span>433<span class=\"ls0\">.913  </span>-  Derrama Estadual 2016<span class=\"_ _1\"></span> 3.<span class=\"ls24\">761</span>.397  3.<span class=\"ls24\">761</span>.397  Derrama Estadual 2017<span class=\"_ _1\"></span> 8.<span class=\"ls24\">462</span>.724  8.<span class=\"ls24\">462</span>.724  Derrama Estadual <span class=\"_ _1\"></span><span class=\"ls24\">2018</span> 12<span class=\"ls0\">.</span>223<span class=\"ls0\">.705  </span>12<span class=\"ls0\">.</span>223<span class=\"ls0\">.705  </span>CDTJI IRC 2016 e<span class=\"_ _1\"></span> 2017 1.<span class=\"ls24\">522</span>.660  1.<span class=\"ls24\">522</span>.660  66<span class=\"ls0\">.</span>535<span class=\"ls0\">.<span class=\"_ _1\"></span>292  </span>52<span class=\"ls0\">.</span>101<span class=\"_ _1\"></span><span class=\"ls0\">.379  </span>Estimativas e julgamentos O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ce p<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sivo<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> l<span class=\"_ _0\"></span>iqui<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>iona<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>sam<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sult<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s ef<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> auto<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> fis<span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rri<span class=\"_ _0\"></span>t\u00f3r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s on<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>env<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ve ati<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e. <span class=\"_ _0\"></span>Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tado<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>ua\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s \u00e9 <span class=\"_ _0\"></span>dife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nici<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>er\u00e3o <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>post<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sob<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to, <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>o em<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>is di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> se <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>m. Em <span class=\"_ _0\"></span>Po<span class=\"_ _0\"></span>rtu<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dec<span class=\"_ _0\"></span>lar<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> anua<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o s<span class=\"_ _0\"></span>uj<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ev<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> aju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s au<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> du<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 4 a<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Cont<span class=\"_ _0\"></span>udo<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ju\u00ed<span class=\"_ _0\"></span>zo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fis<span class=\"_ _0\"></span>cais<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stes<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ode<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>er s<span class=\"_ _0\"></span>uj<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>s\u00e3<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>utor<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>is p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 6 <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pa\u00ed<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>volve<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>, em<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egr<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span>es. O C<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Ad<span class=\"_ _0\"></span>mini<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> ev<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tuai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> \u00e0q<span class=\"_ _0\"></span>uel<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cla<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m re<span class=\"ls0\">sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s/i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>\u00e3o e<span class=\"_ _0\"></span>fei<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>o </span>nas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>emo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>iras<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 31 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> dez<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>0, <span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> j\u00e1<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ela <span class=\"_ _0\"></span>Aut<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>t\u00e1ri<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> A<span class=\"_ _0\"></span>dua<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> at\u00e9<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>8, i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>. Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u00e0 t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> nom<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>de 27<span class=\"_ _0\"></span>,5%<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>stir<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>rav<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os g<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ostos<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac1<span class=\"_ _0\"></span>8.0<span class=\"_ _0\"></span>93<span class=\"_ _0\"></span>.292<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>zem<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21:<span class=\"_ _0\"></span> \u20ac<span class=\"_ _0\"></span>17<span class=\"_ _0\"></span>.865<span class=\"_ _0\"></span>.8<span class=\"_ _0\"></span>09)<span class=\"_ _0\"></span>.<span class=\"ff1\"> </span>Pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>rt<span class=\"ls9c\">as</span> O m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> por<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pro<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>fetu<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>r\u00ean<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a \u00e0<span class=\"_ _0\"></span> dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>posi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>da,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>g\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ndime<span class=\"_ _3b\"></span>nto c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Admi<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o Tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>t\u00e1r<span class=\"_ _0\"></span>ia,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>vime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>\u00e3o o<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>\u00e9ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>fis<span class=\"_ _0\"></span>cais<span class=\"_ _0\"></span>.  O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u00e0 me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fisc<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>as, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>side<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>o di<span class=\"_ _0\"></span>spos<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> IFR<span class=\"_ _0\"></span>IC <span class=\"_ _0\"></span>23<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> <span class=\"ff9\">\u2018In<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto\u2019<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a </span></span></span>me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>cos <span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>ni\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> mel<span class=\"_ _0\"></span>hor<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o ga<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xigi<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>dar <span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>todo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>os po<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sult<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>obab<span class=\"_ _0\"></span>ilid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as. Pol\u00edticas Contabil\u00edsticas O i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>to c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> sob<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e9 d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> l\u00ed<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>dos,<span class=\"_ _0\"></span> aju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nfor<span class=\"_ _0\"></span>mid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a l<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sla<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>al v<span class=\"_ _0\"></span>ige<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ira con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>. Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>l Em <span class=\"_ _0\"></span>Po<span class=\"_ _0\"></span>rtu<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntra<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>ujei<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> Reg<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Espe<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Trib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Soc<span class=\"_ _0\"></span>ied<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>RE<span class=\"_ _0\"></span>TGS)<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tu\u00ed<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>as e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>resa<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> ig<span class=\"_ _0\"></span>ual <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> sup<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> 75%<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cump<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>i\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>s no<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>go <span class=\"_ _0\"></span>69<span class=\"_ _0\"></span>.\u00ba <span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> do C<span class=\"_ _0\"></span>\u00f3d<span class=\"_ _0\"></span>igo<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> IRC.<span class=\"_ _3b\"></span> As <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> RETG<span class=\"_ _0\"></span>S a<span class=\"_ _0\"></span>pur<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ost<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> o r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>e fos<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>but<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a \u00f3<span class=\"_ _0\"></span>tica <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ual.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>anto<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo d<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s \u00e0 <span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ied<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>omi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> gr<span class=\"_ _0\"></span>upo <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>scal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te a<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>y,<span class=\"_ _0\"></span> S.A<span class=\"_ _0\"></span>. a<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>pur<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o gl<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span> aut<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>iqui<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>. Cas<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>jam<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s g<span class=\"_ _0\"></span>anh<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>s s\u00e3<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>como<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>na soc<span class=\"_ _0\"></span>ied<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>domi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>. No<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>18<span class=\"_ _0\"></span> foi<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>amb\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>itu\u00ed<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>scal<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m E<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>anh<span class=\"_ _0\"></span>a, o<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ual <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>i as<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>\u00eas<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sed<span class=\"_ _0\"></span>iad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>naq<span class=\"_ _0\"></span>uel<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>a\u00ed<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> <span class=\"ls15\">a </span>Bo<span class=\"_ _0\"></span>squ<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Atl<span class=\"_ _0\"></span>\u00e2nt<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>S.L<span class=\"_ _0\"></span>. a <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e do<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>fis<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>. 6.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Impo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>erid<span class=\"_ _0\"></span>os </span></span>Movimentos em impostos diferidos Em 1 Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> Em 31 de janeiro<span class=\"_ _0\"></span> Capital de dezem<span class=\"_ _0\"></span>bro de 2022<span class=\"_ _0\"></span> Aumentos<span class=\"_ _0\"></span> Redu\u00e7\u00f5es<span class=\"_ _0\"></span> pr\u00f3prio de 2022<span class=\"_ _0\"></span> Diferen\u00e7as te<span class=\"_ _1\"></span>mpor\u00e1rias que o<span class=\"_ _1\"></span>riginam ativos por impo<span class=\"_ _1\"></span>stos diferidos<span class=\"_ _1\"></span> Provis\u00f5es tributadas<span class=\"_ _1\"></span> 4.<span class=\"ls24\">544</span>.163 9.<span class=\"ls24\">369</span>.827 - - 13<span class=\"ls0\">.</span>913<span class=\"ls0\">.990 </span>Ajustamento de at<span class=\"_ _1\"></span>ivos fixos tang<span class=\"_ _1\"></span>\u00edveis 62<span class=\"ls0\">.</span>470<span class=\"ls0\">.397 </span>-(18.<span class=\"ls24\">702</span>.890)-43<span class=\"ls0\">.</span>767<span class=\"ls0\">.507</span>Instrumentos finance<span class=\"_ _1\"></span>iros<span class=\"_ _1\"></span> 7.<span class=\"ls24\">448</span>.830 - - (7<span class=\"ls0\">.<span class=\"ls24\">448</span>.830)<span class=\"_ _1\"></span> </span>- Mais-valias conta<span class=\"_ _1\"></span>bil\u00edsticas d<span class=\"_ _1\"></span>iferidas (intra<span class=\"_ _1\"></span>grupo)<span class=\"_ _1\"></span> 21<span class=\"ls0\">.</span>090<span class=\"ls0\">.053 </span>5.<span class=\"ls24\">138</span>.400 - - 26<span class=\"ls0\">.</span>228<span class=\"ls0\">.453 </span>Valoriza\u00e7\u00e3o das<span class=\"_ _1\"></span> florestas em cre<span class=\"_ _1\"></span>scimento<span class=\"_ _1\"></span> -14<span class=\"ls0\">.</span>456<span class=\"ls0\">.082</span>- - 14<span class=\"ls0\">.</span>456<span class=\"ls0\">.082 </span>Subs\u00eddios ao in<span class=\"_ _1\"></span>vestimento<span class=\"_ _1\"></span> 203<span class=\"ls0\">.</span>588 -(203.588)- - Remunera\u00e7\u00e3o convenc<span class=\"_ _1\"></span>ional de cap<span class=\"_ _1\"></span>ital<span class=\"_ _1\"></span> 4.<span class=\"ls24\">200</span>.000 -(3<span class=\"ls0\">.<span class=\"ls24\">640</span>.000)</span>-560<span class=\"ls0\">.</span>00099<span class=\"ls0\">.</span>957<span class=\"_ _1\"></span><span class=\"ls0\">.031 </span>28<span class=\"ls0\">.</span>964<span class=\"ls0\">.<span class=\"_ _1\"></span>309 </span>(22.546.47<span class=\"_ _1\"></span>8) (7<span class=\"ls0\">.448.830) </span>98<span class=\"ls0\">.</span>926<span class=\"_ _1\"></span><span class=\"ls0\">.032 </span>Diferen\u00e7as te<span class=\"_ _1\"></span>mpor\u00e1rias que o<span class=\"_ _1\"></span>riginam passivos por i<span class=\"_ _1\"></span>mpostos dife<span class=\"_ _1\"></span>ridos Pens\u00f5es e outros bene<span class=\"_ _1\"></span>f\u00edcios p\u00f3s<span class=\"_ _1\"></span>-emprego (388.758) (213.971) -244<span class=\"ls0\">.</span>246(358.483) Instrumentos finance<span class=\"_ _1\"></span>iros<span class=\"_ _1\"></span> - - - (47.174.485) (47.174.485)<span class=\"_ _1\"></span> Valoriza\u00e7\u00e3o das<span class=\"_ _1\"></span> florestas em <span class=\"_ _1\"></span>crescimento<span class=\"_ _1\"></span> (25.<span class=\"ls24\">294</span>.177) 21<span class=\"ls0\">.</span>570<span class=\"ls0\">.514 </span>(1<span class=\"ls0\">.<span class=\"ls24\">680</span>.081)<span class=\"_ _1\"></span> </span>-(5<span class=\"ls0\">.<span class=\"ls24\">403</span>.744)</span>Ajustamento de at<span class=\"_ _1\"></span>ivos fixos tang<span class=\"_ _1\"></span>\u00edveis (306.<span class=\"ls24\">642</span>.<span class=\"ls24\">712)</span> 5.<span class=\"ls24\">934</span>.899 - - (300.<span class=\"ls24\">707</span>.<span class=\"ls24\">813)</span>Subs\u00eddios ao in<span class=\"_ _1\"></span>vestimento<span class=\"_ _1\"></span> (4<span class=\"ls0\">.<span class=\"ls24\">142</span>.627)<span class=\"_ _1\"></span> </span>213<span class=\"ls0\">.</span>450 -66<span class=\"ls0\">.</span>683(3<span class=\"ls0\">.<span class=\"ls24\">862</span>.494)<span class=\"_ _1\"></span> </span>(336.468.274)<span class=\"_ _1\"></span> 27<span class=\"ls0\">.</span>504<span class=\"ls0\">.<span class=\"_ _1\"></span>892 </span>(1<span class=\"ls0\">.680.081) </span>(46.863.556)<span class=\"_ _1\"></span> (357.507.019)<span class=\"_ _1\"></span> Ativos por imposto<span class=\"_ _1\"></span>s diferidos <span class=\"_ _1\"></span> 27<span class=\"ls0\">.</span>488<span class=\"ls0\">.184 </span>7.<span class=\"ls24\">965</span>.185 (6<span class=\"ls0\">.<span class=\"ls24\">200</span>.281)<span class=\"_ _1\"></span> </span>(2<span class=\"ls0\">.<span class=\"ls24\">048</span>.428)<span class=\"_ _1\"></span> </span>27<span class=\"ls0\">.</span>204<span class=\"ls0\">.659 </span>Incentivos fisca<span class=\"_ _1\"></span>is ao investimento <span class=\"_ _1\"></span>(Nota 3.5)<span class=\"_ _1\"></span> 549<span class=\"ls0\">.</span>224 -(549.224)- - Ativos por impos<span class=\"_ _1\"></span>tos diferidos 28<span class=\"ls0\">.</span>037<span class=\"_ _1\"></span><span class=\"ls0\">.408 </span>7.965.<span class=\"ls2b\">185 </span>(6<span class=\"ls0\">.749.505) </span>(2<span class=\"ls0\">.048.428) </span>27<span class=\"ls0\">.</span>204<span class=\"_ _1\"></span><span class=\"ls0\">.659 </span>Passivos por i<span class=\"_ _1\"></span>mpostos dife<span class=\"_ _1\"></span>ridos (92.528.775)<span class=\"_ _1\"></span> 7.563.<span class=\"ls2b\">845 </span>(462.022) (12.887.478)<span class=\"_ _1\"></span> (98.314.430)<span class=\"_ _1\"></span> Em 1  Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> Em 31 <span class=\"_ _0\"></span> de janeiro<span class=\"_ _0\"></span>  Capital de dezem<span class=\"_ _0\"></span>bro de 2021<span class=\"_ _0\"></span> Aumentos<span class=\"_ _0\"></span> Redu\u00e7\u00f5es<span class=\"_ _0\"></span> pr\u00f3prio de 2021<span class=\"_ _0\"></span> Diferen\u00e7as te<span class=\"_ _1\"></span>mpor\u00e1rias que o<span class=\"_ _1\"></span>riginam ativos por<span class=\"_ _1\"></span> impostos diferi<span class=\"_ _1\"></span>dos Provis\u00f5es tributadas<span class=\"_ _1\"></span> 6.<span class=\"ls24\">974</span>.025 <span class=\"fc4\"> </span>- <span class=\"fc4\"> </span>(2<span class=\"ls0\">.<span class=\"ls24\">429</span>.862)<span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>- <span class=\"fc4\"> </span>4.<span class=\"ls24\">544</span>.163 <span class=\"fc4\"> </span>Ajustamento de at<span class=\"_ _1\"></span>ivos fixos tang<span class=\"_ _1\"></span>\u00edveis 71<span class=\"ls0\">.</span>179<span class=\"ls0\">.011 <span class=\"fc4\"> </span></span>- <span class=\"fc4\"> </span>(8<span class=\"ls0\">.<span class=\"ls24\">708</span>.614)<span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>- <span class=\"fc4\"> </span>62<span class=\"ls0\">.</span>470<span class=\"ls0\">.397 <span class=\"fc4\"> </span></span>Instrumentos finance<span class=\"_ _1\"></span>iros<span class=\"_ _1\"></span> 8.<span class=\"ls24\">879</span>.577 <span class=\"fc4\"> </span>- <span class=\"fc4\"> </span>- <span class=\"fc4\"> </span>(1<span class=\"ls0\">.<span class=\"ls24\">430</span>.747)<span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>7.<span class=\"ls24\">448</span>.830 <span class=\"fc4\"> </span>Mais-valias conta<span class=\"_ _1\"></span>bil\u00edsticas d<span class=\"_ _1\"></span>iferidas (intra<span class=\"_ _1\"></span>grupo)<span class=\"_ _1\"></span> 15<span class=\"ls0\">.</span>145<span class=\"ls0\">.588 <span class=\"fc4\"> </span></span>5.<span class=\"ls24\">944</span>.465 <span class=\"fc4\"> </span>- <span class=\"fc4\"> </span>- <span class=\"fc4\"> </span>21<span class=\"ls0\">.</span>090<span class=\"ls0\">.053 <span class=\"fc4\"> </span></span>Subs\u00eddios ao in<span class=\"_ _1\"></span>vestimento<span class=\"_ _1\"></span> 203<span class=\"ls0\">.</span>588 <span class=\"fc4 ls0\"> </span>- <span class=\"fc4\"> </span>- <span class=\"fc4\"> </span>- <span class=\"fc4\"> </span>203<span class=\"ls0\">.</span>588 <span class=\"fc4 ls0\"> </span>Remunera\u00e7\u00e3o convenc<span class=\"_ _1\"></span>ional de cap<span class=\"_ _1\"></span>ital<span class=\"_ _1\"></span> 7.<span class=\"ls24\">000</span>.000 <span class=\"fc4\"> </span>- <span class=\"fc4\"> </span>(3<span class=\"ls0\">.<span class=\"ls24\">360</span>.000)<span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>560<span class=\"ls0\">.</span>000 <span class=\"fc4 ls0\"> </span>4.<span class=\"ls24\">200</span>.000 <span class=\"fc4\"> </span>109<span class=\"ls0\">.381.7<span class=\"_ _1\"></span>89 <span class=\"fc4\"> </span></span>5.944.<span class=\"ls2b\">465 <span class=\"_ _1\"></span></span><span class=\"fc4\"> </span>(14.498.47<span class=\"_ _1\"></span>6)<span class=\"fc4\"> </span>(870.747)<span class=\"fc4\"> </span>99<span class=\"ls0\">.</span>957<span class=\"_ _1\"></span><span class=\"ls0\">.031 <span class=\"fc4\"> </span></span>Diferen\u00e7as te<span class=\"_ _1\"></span>mpor\u00e1rias que o<span class=\"_ _1\"></span>riginam passivos por impostos dif<span class=\"_ _1\"></span>eridos<span class=\"_ _1\"></span> Pens\u00f5es e outros bene<span class=\"_ _1\"></span>f\u00edcios p\u00f3s<span class=\"_ _1\"></span>-emprego (224.593)<span class=\"fc4\"> </span>649<span class=\"ls0\">.</span>357 <span class=\"fc4 ls0\"> </span>- <span class=\"fc4\"> </span>(813.522)<span class=\"fc4\"> </span>(388.758)<span class=\"fc4\"> </span>Menos-valias<span class=\"_ _1\"></span> contabil\u00edsticas d<span class=\"_ _1\"></span>iferidas (intra<span class=\"_ _1\"></span>grupo)<span class=\"_ _1\"></span> (9<span class=\"ls0\">.<span class=\"ls24\">929</span>.599)<span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>- <span class=\"fc4\"> </span>- <span class=\"ff5 fs0 fc2\"> </span>9.<span class=\"ls24\">929</span>.599 <span class=\"fc4\"> </span>- <span class=\"fc4\"> </span>Valoriza\u00e7\u00e3o das<span class=\"_ _1\"></span> florestas em cresc<span class=\"_ _1\"></span>imento<span class=\"_ _1\"></span> (23.<span class=\"ls24\">121</span>.032)<span class=\"fc4\"> </span>- <span class=\"fc4\"> </span>(2<span class=\"ls0\">.<span class=\"ls24\">173</span>.145)<span class=\"_ _1\"></span><span class=\"ff5 fs0 fc2\"> </span></span>- <span class=\"fc4\"> </span>(25.<span class=\"ls24\">294</span>.177)<span class=\"fc4\"> </span>Ajustamento de at<span class=\"_ _1\"></span>ivos fixos tang<span class=\"_ _1\"></span>\u00edveis (272.<span class=\"ls24\">907</span>.<span class=\"ls24\">547)</span><span class=\"fc4\"> </span>-<span class=\"fc4\"> </span>(33.<span class=\"ls24\">735</span>.165)<span class=\"fc4\"> </span>- <span class=\"fc4\"> </span>(306.<span class=\"ls24\">642</span>.<span class=\"ls24\">712)</span><span class=\"fc4\"> </span>Subs\u00eddios ao <span class=\"_ _1\"></span>investimento<span class=\"_ _1\"></span> (6<span class=\"ls0\">.<span class=\"ls24\">406</span>.374)<span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>489<span class=\"ls0\">.</span>447 <span class=\"fc4 ls0\"> </span>- <span class=\"fc4\"> </span>1.<span class=\"ls24\">774</span>.300 <span class=\"fc4\"> </span>(4<span class=\"ls0\">.<span class=\"ls24\">142</span>.627)<span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>(312.589.145)<span class=\"_ _1\"></span><span class=\"fc4\"> </span>1.138.<span class=\"ls2b\">804 <span class=\"_ _1\"></span></span><span class=\"fc4\"> </span>(35.908.31<span class=\"_ _1\"></span>0)<span class=\"fc4\"> </span>10<span class=\"ls0\">.</span>890<span class=\"ls0\">.<span class=\"_ _1\"></span>377 <span class=\"fc4\"> </span></span>(336.468.274)<span class=\"_ _1\"></span><span class=\"fc4\"> </span>Ativos por imposto<span class=\"_ _1\"></span>s diferidos <span class=\"_ _1\"></span> 30<span class=\"ls0\">.</span>079<span class=\"ls0\">.992 <span class=\"fc4\"> </span></span>1.<span class=\"ls24\">634</span>.728 <span class=\"fc4\"> </span>(3<span class=\"ls0\">.<span class=\"ls24\">987</span>.081)<span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>(239.455)<span class=\"fc4\"> </span>27<span class=\"ls0\">.</span>488<span class=\"ls0\">.184 <span class=\"fc4\"> </span></span>Incentivos fisca<span class=\"_ _1\"></span>is ao invest<span class=\"_ _1\"></span>imento (Nota 3.5)<span class=\"_ _1\"></span> 549<span class=\"ls0\">.</span>224 <span class=\"fc4 ls0\"> </span>- <span class=\"fc4\"> </span>- <span class=\"fc4\"> </span>- <span class=\"fc4\"> </span>549<span class=\"ls0\">.</span>224 <span class=\"fc4 ls0\"> </span>Ativos por impos<span class=\"_ _1\"></span>tos diferidos <span class=\"_ _1\"></span> 30<span class=\"ls0\">.</span>629<span class=\"_ _1\"></span><span class=\"ls0\">.216 <span class=\"fc4\"> </span></span>1.634.<span class=\"ls2b\">728 <span class=\"_ _1\"></span></span><span class=\"fc4\"> </span>(3<span class=\"ls0\">.987.081)<span class=\"fc4\"> </span></span>(239.455)<span class=\"fc4\"> </span>28<span class=\"ls0\">.</span>037<span class=\"_ _1\"></span><span class=\"ls0\">.408 <span class=\"fc4\"> </span></span>Passivos por i<span class=\"_ _1\"></span>mpostos dife<span class=\"_ _1\"></span>ridos  (85.962.015)<span class=\"_ _1\"></span><span class=\"fc4\"> </span>313<span class=\"ls0\">.171 <span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>(9<span class=\"ls0\">.874.785)<span class=\"fc4\"> </span></span>2.994.<span class=\"ls2b\">854 <span class=\"_ _1\"></span></span><span class=\"fc4\"> </span>(92.528.775)<span class=\"_ _1\"></span><span class=\"fc4\"> </span>Na <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ostos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span><span class=\"ls16\">2020<span class=\"ls0\">, fo<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>izad<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa </span></span>de<span class=\"_ _0\"></span> 27<span class=\"_ _0\"></span>,5<span class=\"_ _0\"></span>0%. Pol\u00edticas Contabil\u00edsticas O i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>alc<span class=\"_ _0\"></span>ulado<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>onso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a, sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>or\u00e1ri<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntre<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>\u00edsti<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>base<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>trib<span class=\"_ _0\"></span>uta<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>. P<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> impo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>do \u00e9<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa f<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>igo<span class=\"_ _0\"></span>r no<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>eren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vert<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as. S\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _3b\"></span>cidos<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>e q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l se<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span> de q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>er\u00e3o<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> lu<span class=\"_ _0\"></span>cros<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ut\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>utur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> qua<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> pod<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00e3o s<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os.<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>rev<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>dica<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>duz<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eix<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ov\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>s me<span class=\"_ _0\"></span>smo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>sam<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>izad<span class=\"_ _0\"></span>os.<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>stos<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>os s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> ou <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ndim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>per\u00ed<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>o, e<span class=\"_ _0\"></span>xc<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tado<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>pr\u00f3<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>ua\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ost<span class=\"_ _0\"></span>o di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>mb\u00e9<span class=\"_ _0\"></span>m re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>do n<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>ca.<span class=\"_ _0\"></span> Os<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ntiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fis<span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>atri<span class=\"_ _0\"></span>bu\u00ed<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> \u00e2<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> a de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>olve<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> reco<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>idos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ulta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s do <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> na <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>da e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>st\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ma<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ole<span class=\"_ _0\"></span>t\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>esas<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>i\u00e1<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ta a <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>a uti<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o. <span class=\"_ _ac\"> </span> 7.1.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>esso<span class=\"_ _0\"></span>al </span></span>Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Remunera\u00e7\u00f5es dos<span class=\"_ _1\"></span> \u00d3rg\u00e3os Socia<span class=\"_ _1\"></span>is - fixas (<span class=\"_ _1\"></span>Nota 7.3) 3.<span class=\"ls24\">352</span>.988  3.<span class=\"ls24\">358</span>.889  Remunera\u00e7\u00f5es dos<span class=\"_ _1\"></span> \u00d3rg\u00e3os Socia<span class=\"_ _1\"></span>is  - vari\u00e1ve<span class=\"_ _1\"></span>is  6.<span class=\"ls24\">780</span>.465  6.<span class=\"ls24\">616</span>.077  Outras remunera\u00e7\u00f5e<span class=\"_ _1\"></span>s 128<span class=\"ls0\">.</span>388<span class=\"ls0\">.853  </span>105<span class=\"ls0\">.</span>452<span class=\"ls0\">.229  </span>Contribui\u00e7\u00f5es par<span class=\"_ _1\"></span>a a Seguran\u00e7a<span class=\"_ _1\"></span> Social<span class=\"_ _1\"></span> 23<span class=\"ls0\">.</span>596<span class=\"ls0\">.088  </span>22<span class=\"ls0\">.</span>186<span class=\"ls0\">.532  </span>Benef\u00edcios de p\u00f3s em<span class=\"_ _1\"></span>prego (Nota <span class=\"_ _1\"></span>7.2.4)<span class=\"_ _1\"></span> 1.<span class=\"ls24\">305</span>.000  1.<span class=\"ls24\">565</span>.032  Outros gastos co<span class=\"_ _1\"></span>m o pessoal 22<span class=\"ls0\">.</span>815<span class=\"ls0\">.841  </span>15<span class=\"ls0\">.</span>837<span class=\"ls0\">.036  </span>Gastos com o pe<span class=\"_ _1\"></span>ssoal 186<span class=\"ls0\">.239.2<span class=\"_ _1\"></span>35  </span>155<span class=\"ls0\">.015.7<span class=\"_ _1\"></span>95  </span>O a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>os c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> o p<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>mpan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>u o<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>om d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pen<span class=\"_ _0\"></span>ho <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>, qu<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>miti<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>\u00e9sci<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a o pag<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>gado<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>ovo <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9mi<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>utiv<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s C<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>abora<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>\u00e7ar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>ama <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eju<span class=\"_ _0\"></span>vene<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o. N\u00famero de empregados por segmento no final do p<span class=\"_ _0\"></span>er\u00edodo<span class=\"_ _1\"></span> 31/12/22 31/12/21  Var. 22/21 <span class=\"_ _1\"></span><span class=\"fce sc0\"> </span>Pasta para Merca<span class=\"_ _1\"></span>do 262 <span class=\"ls0\"> </span>254 <span class=\"ls0\"> </span>8 <span class=\"ls0\"> </span>UWF 1.<span class=\"ls24\">801 </span> 1.<span class=\"ls24\">778 </span> 23 <span class=\"ls0\"> </span>Tissue 410 <span class=\"ls0\"> </span>383 <span class=\"ls0\"> </span>27 <span class=\"ls0\"> </span>Outros 773 <span class=\"ls0\"> </span>735 <span class=\"ls0\"> </span>38 <span class=\"ls0\"> </span>3.246  3.150  96 <span class=\"ls0\"> </span>Os <span class=\"_ _0\"></span>Out<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om p<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>soal<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 3<span class=\"_ _0\"></span>1 de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21 re<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>uin<span class=\"_ _0\"></span>te f<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a: Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Forma\u00e7\u00e3o 1.<span class=\"ls24\">451</span>.447  848<span class=\"ls0\">.</span>438 <span class=\"ls0\"> </span>A\u00e7\u00e3o social 2.<span class=\"ls24\">760</span>.881  2.<span class=\"ls24\">519</span>.264  Seguros  5.<span class=\"ls24\">449</span>.464  5.<span class=\"ls24\">544</span>.604  Indemniza\u00e7\u00f5es<span class=\"_ _1\"></span> 12<span class=\"ls0\">.</span>624<span class=\"ls0\">.106  </span>6.<span class=\"ls24\">464</span>.506  Outros 529<span class=\"ls0\">.</span>943 <span class=\"ls0\"> </span>460<span class=\"ls0\">.</span>224 <span class=\"ls0\"> </span>22<span class=\"ls0\">.</span>815<span class=\"_ _1\"></span><span class=\"ls0\">.841  </span>15<span class=\"ls0\">.</span>837<span class=\"_ _1\"></span><span class=\"ls0\">.036  </span>Pol\u00edticas Contabil\u00edsticas Be<span class=\"_ _0\"></span>nef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>rega<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>urt<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>praz<span class=\"_ _0\"></span>o Dir<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> <span class=\"_ _0\"></span>f\u00e9r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> e s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>\u00eddi<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>f\u00e9r<span class=\"_ _0\"></span>ias </span></span>De <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>n\u00e7\u00e3<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>c\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>\u00e0 T<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>any<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xt<span class=\"_ _0\"></span>ens\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oto<span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cele<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>s Or<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>niz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es <span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> Tr<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>alh<span class=\"_ _0\"></span>ador<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span><span class=\"ls15\">as<span class=\"ls0\"> em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o </span></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>\u00eam <span class=\"_ _0\"></span>dir<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> 25<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>as \u00fa<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> f\u00e9r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>bem<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> a u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>m\u00eas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>\u00eddio<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>f\u00e9ri<span class=\"_ _0\"></span>as. Pr<span class=\"_ _0\"></span>\u00e9mi<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>dut<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e No<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>tui<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>Pr\u00e9<span class=\"_ _0\"></span>mio<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vidad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>hab<span class=\"_ _0\"></span>itua<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>grati<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o aos<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>bor<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>Es<span class=\"_ _0\"></span>te p<span class=\"_ _0\"></span>r\u00e9mi<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ve <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ar a<span class=\"_ _0\"></span> or<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>niz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o da<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utivi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> e r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ntab<span class=\"_ _0\"></span>ilid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>r\u00edti<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt\u00ed<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o no <span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>eg\u00f3<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>as l<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> sus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>da.<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>modo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>o Pr<span class=\"_ _0\"></span>\u00e9m<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>tivi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>abel<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ce o<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>is d<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o em<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>mar<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>ig\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pon<span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ifer<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> n\u00ed<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>is d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pen<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>er\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span>une<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>al b<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e. Gr<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es De <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>stem<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>enh<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>ige<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ode<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>vir <span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> cas<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cum<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>jet<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>dir<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span> nor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>dqui<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>game<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o. Est<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>per\u00ed<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>preg<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>quir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> o re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>apar<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>epe<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>u p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> o s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>dar<span class=\"_ _0\"></span> \u00e0<span class=\"_ _0\"></span> dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a P<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st\u00e1<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ubri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Va<span class=\"_ _0\"></span>lore<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>. Ben<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ego Os <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>f\u00edc<span class=\"_ _0\"></span>ios <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>heci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po d<span class=\"_ _0\"></span>eix<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ode<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span>r a o<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os b<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ef\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>s;<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> na <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e os<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o \u00e2mb<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>vis\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>nef\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> mai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 12 <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>\u00f3s<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>final<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>onta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>.<span class=\"ff3\"> </span>7.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Bene<span class=\"_ _0\"></span>f\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>ega<span class=\"_ _3b\"></span>dos </span></span>7.2.1.<span class=\"ls0\"> <span class=\"_ _50\"> </span>Introdu\u00e7\u00e3o </span>Alg<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o at<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bue<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span> Col<span class=\"_ _0\"></span>abo<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, qu<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> sob<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>sob<span class=\"_ _0\"></span> a f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ribu<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>fini<span class=\"_ _0\"></span>da,<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> p\u00f3<span class=\"_ _0\"></span>s-r<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a. Os <span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>iad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> atra<span class=\"_ _0\"></span>v\u00e9<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> Fu<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Pe<span class=\"_ _0\"></span>ns\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>cha<span class=\"_ _0\"></span>do,<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>erid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rna<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>us a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> a e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>oras<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>xt<span class=\"_ _0\"></span>ern<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span>  A.<span class=\"_\"> </span>Planos de Pens\u00f5es <span class=\"ffa\">\u2013</span> Benef\u00edcio DefinidoO G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> tem<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e b<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>f\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> p\u00f3s<span class=\"_ _0\"></span>-e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>ego<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Bene<span class=\"_ _0\"></span>f\u00edc<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> Defi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>o par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>duz<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>ola<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>rado<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> opt<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>o P<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> B<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ef\u00edci<span class=\"_ _0\"></span>o Def<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>The<span class=\"_ _0\"></span> Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>ompa<span class=\"_ _0\"></span>ny)<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ou,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>onv<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>seu<span class=\"_ _0\"></span> pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>Pla<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>de Con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ui\u00e7\u00e3<span class=\"_ _0\"></span>o D<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>da,<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>am p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> Cl<span class=\"_ _0\"></span>\u00e1us<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Sa<span class=\"_ _0\"></span>lva<span class=\"_ _0\"></span>gua<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>a (<span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r Br<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>s)<span class=\"_ _0\"></span><span class=\"ls10\">. </span>Na <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e1ti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>l\u00e1<span class=\"_ _0\"></span>usul<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>vagu<span class=\"_ _0\"></span>ard<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>d\u00e1 <span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>p\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>Col<span class=\"_ _0\"></span>abo<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>, \u00e0<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma,<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> pag<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>Pla<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Be<span class=\"_ _0\"></span>nef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>o D<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span>Par<span class=\"_ _0\"></span>a qu<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>tar <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>acio<span class=\"_ _0\"></span>nar<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Cl<span class=\"_ _0\"></span>\u00e1usu<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Sa<span class=\"_ _0\"></span>lva<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>arda<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> de Con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ui\u00e7\u00e3<span class=\"_ _0\"></span>o D<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>da (<span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>1)<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>r\u00e1 <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>iar<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Pl<span class=\"_ _0\"></span>ano <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Ben<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Defi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>o. B.<span class=\"_\"> </span>Planos de Pens\u00f5es <span class=\"ffa\">\u2013</span> Contribui\u00e7\u00e3o DefinidaA 3<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tav<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>gor<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>r\u00eas<span class=\"_ _0\"></span> pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ui\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>Def<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>da,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue abr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>gia<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>3.0<span class=\"_ _0\"></span>97 <span class=\"_ _0\"></span>Col<span class=\"_ _0\"></span>abor<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1:<span class=\"_ _0\"></span> 2.<span class=\"_ _0\"></span>936<span class=\"_ _0\"></span> Col<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ador<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>) (<span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>7.2<span class=\"_ _0\"></span>.3)<span class=\"_ _0\"></span>. 7.2.2.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Plano de ben<span class=\"_ _1\"></span>ef\u00edcio definido<span class=\"_ _1\"></span> </span>Pol\u00edtica de gest<span class=\"_ _1\"></span>\u00e3o do risco associad<span class=\"_ _1\"></span>o a planos<span class=\"_ _1\"></span> de benef\u00edcio defi<span class=\"_ _1\"></span>nido<span class=\"_ _1\"></span> A exposi\u00e7\u00e3o do Grupo ao ris<span class=\"_ _0\"></span>co encontra-se limitada ao n\u00fame<span class=\"_ _0\"></span>ro de benefici\u00e1rios j\u00e1 exi<span class=\"_ _0\"></span>stentes e ter\u00e1 tend\u00eancia a diminuir, uma vez que<span class=\"_ _0\"></span> n\u00e3o existem no Grupo planos de be<span class=\"_ _0\"></span>nef\u00edcio definido abertos \u00e0 ades\u00e3o de<span class=\"_ _0\"></span> novos empregados. Os riscos mais significativos a que o Gr<span class=\"_ _0\"></span>upo se encontra exp<span class=\"_ _0\"></span>osto atrav\u00e9s dos planos de bene<span class=\"_ _0\"></span>f\u00edcio definido incluem: i)<span class=\"_\"> </span>Risco de alter<span class=\"_ _0\"></span>a\u00e7\u00e3o da longevidade dos participantesii)<span class=\"_\"> </span>Risco de varia\u00e7\u00e3o das taxas de me<span class=\"_ _0\"></span>rcado <span class=\"ff9\">\u2013</span> a varia\u00e7\u00e3o de taxas impact<span class=\"_ _0\"></span>a a taxa utilizada para descontar asresponsabilidades (<span class=\"_ _0\"></span>taxa de juro t\u00e9cnica) que se baseia em curvas de re<span class=\"_ _0\"></span>ntabilidade (yield) de obriga\u00e7\u00f5e<span class=\"_ _0\"></span>s com nota\u00e7\u00e3o rating elevado e<span class=\"_ _0\"></span> com maturidades semelhantes<span class=\"_ _0\"></span> \u00e0s datas de termo das re<span class=\"_ _0\"></span>sponsabilidades e a taxa fixa de rendimento dos ativos. O Grup<span class=\"_ _0\"></span>o utiliza curvas de mercado, de for<span class=\"_ _0\"></span>ma a acompanhar a evolu\u00e7\u00e3o das t<span class=\"_ _0\"></span>axas e procede a an\u00e1lises de se<span class=\"_ _0\"></span>nsibilidade a varia\u00e7\u00f5es de taxa de j<span class=\"_ _0\"></span>uro com o objetivo d<span class=\"_ _0\"></span>e antecipar e acautelar o consequente impacto no n\u00edv<span class=\"_ _0\"></span>el de financiamento do fundo. iii)<span class=\"_\"> </span>Risco de altera\u00e7\u00e3o da tax<span class=\"_ _0\"></span>a de crescimento salarial e de<span class=\"_ _0\"></span> pens\u00f5esiv<span class=\"ls0\">)<span class=\"_\"> </span>Rentabilidade dos ativos financeiros d<span class=\"_ _0\"></span>o fundo - o Grupo monitoriza de<span class=\"_ _0\"></span> forma muito pr\u00f3xima a evolu\u00e7\u00e3o dos</span>ativos do fundo, bem como <span class=\"_ _0\"></span>a evolu\u00e7\u00e3o dos principais indi<span class=\"_ _0\"></span>cadores de mercados financeir<span class=\"_ _0\"></span>os, revisitando a pol\u00edtica de investimento aprovada para a gest<span class=\"_ _0\"></span>\u00e3o dos ativos sempre<span class=\"_ _0\"></span> que se justifique, e pelo menos de tr<span class=\"_ _0\"></span>\u00eas em tr\u00eas anos. A pol\u00edtica de investime<span class=\"_ _0\"></span>nto est\u00e1 alinhada com uma vis\u00e3o conser<span class=\"_ _0\"></span>vadora na gest\u00e3o dos<span class=\"_ _0\"></span> ativos e definida tendo por<span class=\"_ _0\"></span> base as responsabilidades a financiar p<span class=\"_ _0\"></span>elo fundo. O Grupo tem por obj<span class=\"_ _0\"></span>etivo manter um n\u00edvel de cobertur<span class=\"_ _0\"></span>a das responsabilidades de 90% acautelando <span class=\"_ _0\"></span>assim os riscos enunciados. Responsabilid<span class=\"_ _1\"></span>ades L\u00edquida<span class=\"_ _1\"></span>s As <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> l\u00ed<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ncei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>olid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>o n\u00fam<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>nefi<span class=\"_ _0\"></span>ci\u00e1<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>do e<span class=\"_ _0\"></span>m v<span class=\"_ _0\"></span>igo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>ham-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: 31/12/22<span class=\"_ _1\"></span> 31/12/21 N.\u00ba Benef.<span class=\"_ _0\"></span> Valor N.\u00ba Benef.<span class=\"_ _0\"></span> Valor Responsabilidade<span class=\"_ _1\"></span>s por servi\u00e7os pa<span class=\"_ _1\"></span>ssados<span class=\"_ _1\"></span>    Ativos, inclu<span class=\"_ _1\"></span>indo contas ind<span class=\"_ _1\"></span>ividuais<span class=\"_ _1\"></span> 367 <span class=\"ls0\"> </span>49<span class=\"ls0\">.</span>465<span class=\"ls0\">.578  </span>408 <span class=\"ls0\"> </span>71<span class=\"ls0\">.</span>291<span class=\"ls0\">.405  </span>   <span class=\"ls7d\">Ex</span>-participantes<span class=\"_ _1\"></span> 140 <span class=\"ls0\"> </span>22<span class=\"ls0\">.</span>728<span class=\"ls0\">.925  </span>126 <span class=\"ls0\"> </span>26<span class=\"ls0\">.</span>059<span class=\"ls0\">.672  </span>   Aposentados 590 <span class=\"ls0\"> </span>85<span class=\"ls0\">.</span>075<span class=\"ls0\">.143  </span>567 <span class=\"ls0\"> </span>93<span class=\"ls0\">.</span>651<span class=\"ls0\">.512  </span>Valor de mercado <span class=\"_ _1\"></span>dos fundos<span class=\"_ _1\"></span> (154.<span class=\"ls24\">433</span>.<span class=\"ls24\">916)</span> (185.<span class=\"ls24\">327</span>.<span class=\"ls24\">671)</span> Total responsab<span class=\"_ _1\"></span>ilidades l\u00edquid<span class=\"_ _1\"></span>as 1.097  2.835.<span class=\"ls2b\">730 <span class=\"_ _1\"></span></span> 1.101  5.674.<span class=\"ls2b\">918 <span class=\"_ _1\"></span></span> Informa\u00e7\u00e3o hist\u00f3rica <span class=\"ffa\">\u2013</span> \u00daltimos cinco anos  Valores em Euros<span class=\"_ _1\"></span> 2018<span class=\"ls0\"> </span>2019<span class=\"ls0\"> </span>2020<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>2022<span class=\"ls0\"> </span>Valor presente das <span class=\"_ _1\"></span>obriga\u00e7\u00f5es <span class=\"_ _1\"></span> 154.456.240 <span class=\"_ _1\"></span> 179.880.752 <span class=\"_ _1\"></span> 191.253.527 <span class=\"_ _1\"></span> 191.002.589 <span class=\"_ _1\"></span> 157.269.646 <span class=\"_ _1\"></span> Justo valor dos at<span class=\"_ _1\"></span>ivos e conta Res<span class=\"_ _1\"></span>erva 147.131.961 <span class=\"_ _1\"></span> 173.292.676 <span class=\"_ _1\"></span> 178.691.062 <span class=\"_ _1\"></span> 185.327.671 <span class=\"_ _1\"></span> 154.433.916 <span class=\"_ _1\"></span> Excedente / (d<span class=\"_ _1\"></span>\u00e9fice) (7.324.279)<span class=\"_ _1\"></span> (6.588.076)<span class=\"_ _1\"></span> (12.562.465)<span class=\"_ _1\"></span> (5.674.918)<span class=\"_ _1\"></span> (2.835.730)<span class=\"_ _1\"></span> Evolu\u00e7\u00e3o das responsabilidades com planos de benef\u00edcio definido  2022<span class=\"ls0\"> </span>Custo servi\u00e7os Custo  Desvios Pagamentos Saldo inici<span class=\"_ _0\"></span>al correntes dos juros atuariais efetuados Saldo final Valores em Euros<span class=\"_ _1\"></span> Pens\u00f5es com fundo<span class=\"_ _1\"></span> aut\u00f3nomo<span class=\"_ _1\"></span> 191<span class=\"ls0\">.</span>002<span class=\"ls0\">.589  </span>26<span class=\"ls0\">.</span>336 <span class=\"ls0\"> </span>2.<span class=\"ls24\">349</span>.180  (29.<span class=\"ls24\">869</span>.349) (6<span class=\"ls0\">.<span class=\"ls24\">239</span>.110)<span class=\"_ _1\"></span> </span>157<span class=\"ls0\">.</span>269<span class=\"ls0\">.646  </span>191<span class=\"ls0\">.002.5<span class=\"_ _1\"></span>89  </span>26<span class=\"ls0\">.</span>336 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>2.349.<span class=\"ls2b\">180 <span class=\"_ _1\"></span></span> (29.869.34<span class=\"_ _1\"></span>9) (6<span class=\"ls0\">.239.110) </span>157<span class=\"ls0\">.269.6<span class=\"_ _1\"></span>46  </span>2021<span class=\"ls0\"> </span>Custo servi\u00e7os Custo  Desvios Pagamentos Saldo inici<span class=\"_ _0\"></span>al correntes dos juros atuariais efetuados Saldo final Valores em Euros<span class=\"_ _1\"></span> Pens\u00f5es com fundo<span class=\"_ _1\"></span> aut\u00f3nomo<span class=\"_ _1\"></span> 191<span class=\"ls0\">.</span>253<span class=\"ls0\">.527  </span>44<span class=\"ls0\">.</span>883 <span class=\"ls0\"> </span>2.<span class=\"ls24\">353</span>.176  3.<span class=\"ls24\">350</span>.242  (5<span class=\"ls0\">.<span class=\"ls24\">999</span>.239)<span class=\"_ _1\"></span> </span>191<span class=\"ls0\">.</span>002<span class=\"ls0\">.589  </span>191<span class=\"ls0\">.253.5<span class=\"_ _1\"></span>27  </span>44<span class=\"ls0\">.</span>883 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>2.353.<span class=\"ls2b\">176 <span class=\"_ _1\"></span></span> 3.350.<span class=\"ls2b\">242 <span class=\"_ _1\"></span></span> (5<span class=\"ls0\">.999.239) </span>191<span class=\"ls0\">.002.5<span class=\"_ _1\"></span>89  </span>A d<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>\u00e9d<span class=\"_ _0\"></span>ia e<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>f\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>fini<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>13<span class=\"_ _0\"></span>,4 <span class=\"_ _0\"></span>anos<span class=\"_ _0\"></span> <span class=\"lsd\">(202</span>1<span class=\"lsd\">: </span>15<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>os)<span class=\"_ _0\"></span>. Fundos Fundos afetos aos planos de pens\u00f5es de benef\u00edcio definido<span class=\"_ _0\"></span> <span class=\"_ _1\"></span><span class=\"ffa\">\u2013</span> Evolu\u00e7\u00e3o Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Valor no in\u00edcio<span class=\"_ _1\"></span> 185<span class=\"ls0\">.327.6<span class=\"_ _1\"></span>71 </span>178<span class=\"ls0\">.691.0<span class=\"_ _1\"></span>62 </span>Dota\u00e7\u00e3o efetuada<span class=\"_ _1\"></span> - 5.<span class=\"ls24\">318</span>.407 Rendimento esperad<span class=\"_ _1\"></span>o no exerc\u00edcio<span class=\"_ _1\"></span> 2.<span class=\"ls24\">277</span>.915 2.<span class=\"ls24\">195</span>.584 Remensura\u00e7\u00e3o <span class=\"_ _1\"></span> (26.<span class=\"ls24\">932</span>.571) 5.<span class=\"ls24\">275</span>.230 Pens\u00f5es pagas (6<span class=\"ls0\">.<span class=\"ls24\">239</span>.099)<span class=\"_ _1\"></span> </span>(5<span class=\"ls0\">.<span class=\"ls24\">999</span>.229)<span class=\"_ _1\"></span> </span>Outras  (153.383) Valor no fim do pe<span class=\"_ _1\"></span>r\u00edodo 154<span class=\"ls0\">.433.9<span class=\"_ _1\"></span>16 </span>185<span class=\"ls0\">.327.6<span class=\"_ _1\"></span>71 </span>No<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span><span class=\"ls16\">21<span class=\"ls0\">, a<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>ontr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ui\u00e7<span class=\"_ _0\"></span>\u00f5es <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pla<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>do </span></span>apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo d<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>gra<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eal<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>las<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>as do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>ficad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>trib<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>\u00e7\u00f5es <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s pa<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>smo<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> pes<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a ex<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ta e<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>acu<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>.  Os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>fund<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns\u00f5e<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>nef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>def<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>do e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>b a<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a AGE<span class=\"_ _0\"></span>AS <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> P<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>Sch<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs,<span class=\"_ _0\"></span> San<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>AM <span class=\"_ _0\"></span>e J<span class=\"_ _0\"></span>uli<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span> Ba<span class=\"_ _0\"></span>er, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nfo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>alhe<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>segu<span class=\"_ _0\"></span>e: </span></span>Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Benef\u00edcio Definido<span class=\"_ _1\"></span> e Conta<span class=\"_ _1\"></span> 1: AGEAS <span class=\"ff9\">\u2013</span> Pens\u00f5es<span class=\"_ _1\"></span> 105<span class=\"ls0\">.</span>079 3.<span class=\"ls24\">938</span>.660 Schroders 62<span class=\"ls0\">.</span>325<span class=\"ls0\">.236 </span>70<span class=\"ls0\">.</span>993<span class=\"ls0\">.049 </span>Santander AM 62<span class=\"ls0\">.</span>244<span class=\"ls0\">.783 </span>72<span class=\"ls0\">.</span>705<span class=\"ls0\">.468 </span>Conta 1 - Ju<span class=\"_ _1\"></span>lius Baer 29<span class=\"ls0\">.</span>758<span class=\"ls0\">.819 </span>37<span class=\"ls0\">.</span>690<span class=\"ls0\">.494 </span>Total Benef\u00edcio De<span class=\"_ _1\"></span>finido e Con<span class=\"_ _1\"></span>ta 1 154<span class=\"ls0\">.433.9<span class=\"_ _1\"></span>16 </span>185<span class=\"ls0\">.327.6<span class=\"_ _1\"></span>71 </span>Fundos afetos a planos de benef\u00edcios definidos - Composi\u00e7\u00e3o do patrim\u00f3nio Valores em Euros<span class=\"_ _1\"></span> 31/12/22  <span class=\"ls9d\">% </span><span class=\"fce sc0\"> </span>31/12/21  <span class=\"ls9d\">% </span>T\u00edtulos cotados e<span class=\"_ _1\"></span>m mercado at<span class=\"_ _1\"></span>ivo Obriga\u00e7\u00f5es<span class=\"_ _1\"></span> 94<span class=\"ls0\">.</span>778<span class=\"ls0\">.925 </span>61,37% 112<span class=\"ls0\">.</span>303<span class=\"ls0\">.157 </span>60,60% A\u00e7\u00f5es 40<span class=\"ls0\">.</span>402<span class=\"ls0\">.326 </span>26,16% 50<span class=\"ls0\">.</span>274<span class=\"ls0\">.545 </span>27,13% D\u00edvida p\u00fablica<span class=\"_ _1\"></span> 17<span class=\"ls0\">.</span>282<span class=\"ls0\">.244 </span>11,19% 14<span class=\"ls0\">.</span>558<span class=\"ls0\">.914 </span>7,86% Liquidez<span class=\"_ _1\"></span> 1.<span class=\"ls24\">865</span>.342 1,21% 4.<span class=\"ls24\">252</span>.394 2,29% Imobili\u00e1rio - 0,00% - 0,00% Outras aplica\u00e7\u00f5es<span class=\"_ _1\"></span> - curto prazo<span class=\"_ _1\"></span> 105<span class=\"ls0\">.</span>079 0,07% 3.<span class=\"ls24\">938</span>.660 2,13% 154<span class=\"ls0\">.433.9<span class=\"_ _1\"></span>16 </span>100,00%<span class=\"_ _1\"></span> 185<span class=\"ls0\">.327.6<span class=\"_ _1\"></span>71 </span>100,00%<span class=\"_ _1\"></span> Os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns\u00f5e<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>clue<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>sq<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o. 7.2.3.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Plano <span class=\"_ _1\"></span>de contribui\u00e7<span class=\"_ _1\"></span>\u00e3o definida<span class=\"_ _1\"></span> </span>A 3<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>20<span class=\"ls16\">20</span> <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tav<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> doi<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ui\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>defi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> Col<span class=\"_ _0\"></span>abo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>fund<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns\u00f5e<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nida<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o so<span class=\"_ _0\"></span>b <span class=\"_ _0\"></span>a ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>AGE<span class=\"_ _0\"></span>AS P<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>lhe<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>segue<span class=\"_ _0\"></span>: N\u00ba Rendibi<span class=\"_ _0\"></span>lidade N\u00ba Rendibi<span class=\"_ _0\"></span>lidade Valores em Euros<span class=\"_ _1\"></span> Benefici\u00e1r<span class=\"_ _0\"></span>ios<span class=\"ff6 fc2\"> </span>% 2022<span class=\"ls0\"> </span>Benefici\u00e1r<span class=\"_ _0\"></span>ios % 2021<span class=\"ls0\"> </span>Contribui\u00e7\u00e3o Definida (<span class=\"ff18\">Ageas Pens\u00f5es</span>):Subfundo Defens<span class=\"_ _1\"></span>ivo 112(12,79%) 6.<span class=\"ls24\">804</span>.787 110 2,92% 7.<span class=\"ls24\">995</span>.969 Subfundo Conserva<span class=\"_ _1\"></span>dor 370 (13,41%) 14<span class=\"ls0\">.</span>513<span class=\"ls0\">.526 </span>374 5,89% 19<span class=\"ls0\">.</span>301<span class=\"ls0\">.087 </span>Subfundo Din\u00e2mi<span class=\"_ _1\"></span>co 716 (13,40%) 14<span class=\"ls0\">.</span>840<span class=\"ls0\">.248 </span>696 10,46% 17<span class=\"ls0\">.</span>234<span class=\"ls0\">.845 </span>Subfundo Agressivo<span class=\"_ _1\"></span> 1.<span class=\"ls24\">899 </span>(14,56%) 5.<span class=\"ls24\">541</span>.395 1.<span class=\"ls24\">756 </span>16,04% 6.<span class=\"ls24\">462</span>.291 Total Contribui\u00e7\u00e3o <span class=\"_ _1\"></span>Definida<span class=\"_ _1\"></span> 3.<span class=\"ls24\">097 </span>41<span class=\"ls0\">.</span>699<span class=\"ls0\">.<span class=\"_ _1\"></span>956 </span>2.<span class=\"ls24\">936 </span>50<span class=\"ls0\">.</span>994<span class=\"_ _1\"></span><span class=\"ls0\">.193 </span>*<span class=\"_ _40\"> </span>dos <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>is 28<span class=\"_ _0\"></span>4 s\u00e3<span class=\"_ _3b\"></span>o ex-Co<span class=\"_ _0\"></span>labo<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>ores7.2.4.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Gastos supo<span class=\"_ _1\"></span>rtados com pl<span class=\"_ _1\"></span>anos de benef<span class=\"_ _1\"></span>\u00edcios p\u00f3s<span class=\"_ _1\"></span>-emprego<span class=\"_ _1\"></span> </span>O e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ulta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s em<span class=\"_ _0\"></span> <span class=\"ls16\">31</span> <span class=\"lsd\">de </span>de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span><span class=\"ls16\">21<span class=\"ls0\"> de<span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s </span></span>do<span class=\"_ _0\"></span>s pl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>m-s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Contribui\u00e7\u00e3o Impacto no Contribui\u00e7\u00e3o Impacto no Custo definida -<span class=\"ls9e\">  </span>resultado Custo definida -<span class=\"ls9e\">  </span>resultado servi\u00e7os Juro Contribui\u00e7\u00f5es l\u00edquido servi\u00e7os Juro Contribui\u00e7\u00f5es l\u00edquido Valores em Euros<span class=\"_ _1\"></span> correntes l\u00edquido do per\u00edodo (Nota 7.1) correntes l\u00edquido do per\u00edodo (Nota 7.1) Pens\u00f5es com fundo<span class=\"_ _1\"></span> aut\u00f3nomo<span class=\"_ _1\"></span> 26<span class=\"ls0\">.</span>336 71<span class=\"ls0\">.</span>265 -97<span class=\"ls0\">.</span>60144<span class=\"ls0\">.</span>883 157<span class=\"ls0\">.</span>591 -202<span class=\"ls0\">.</span>474Planos de contr<span class=\"_ _1\"></span>ibui\u00e7\u00e3o defin<span class=\"_ _1\"></span>ida - - 1.<span class=\"ls24\">207</span>.399 1.<span class=\"ls24\">207</span>.399 - - 1.<span class=\"ls24\">362</span>.558 1.<span class=\"ls24\">362</span>.55826<span class=\"ls0\">.</span>336 71<span class=\"ls0\">.</span>265 1.207.<span class=\"ls2b\">399 </span>1.305.<span class=\"ls2b\">000 </span>44<span class=\"ls0\">.</span>883 157<span class=\"ls0\">.591 </span>1.362.<span class=\"ls2b\">558 </span>1.565.<span class=\"ls2b\">032</span>7.2.5.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Remensu<span class=\"_ _1\"></span>ra\u00e7\u00f5es reco<span class=\"_ _1\"></span>nhecidas diret<span class=\"_ _1\"></span>amente em outros<span class=\"_ _1\"></span> </span>rendimentos integ<span class=\"_ _1\"></span>rais Impacto 2022<span class=\"ls0\"> </span>Remensura\u00e7\u00f5es Retorno nos Pressupostos Pressupostos Pressupostos sobre ativos Imposto Capitais Valores em Euros<span class=\"_ _1\"></span> demogr\u00e1ficos financeiros<span class=\"ff1\"> </span>de experi\u00eancia<span class=\"ff1\"> </span>dos planos<span class=\"ff1\"> </span>Valor bruto<span class=\"ff1\"> </span>diferido<span class=\"ff1\"> </span>pr\u00f3prios<span class=\"ff1\"> </span>Pens\u00f5es com fundo<span class=\"_ _1\"></span> aut\u00f3nomo -(35.<span class=\"ls24\">726</span>.332)6.<span class=\"ls24\">059</span>.525 32<span class=\"ls0\">.</span>603<span class=\"ls0\">.596 </span>2.<span class=\"ls24\">936</span>.789 67<span class=\"ls0\">.</span>168 3.<span class=\"ls24\">003</span>.957 -(35.726.332)6.059.<span class=\"ls2b\">525 </span>32<span class=\"ls0\">.</span>603<span class=\"ls0\">.<span class=\"_ _1\"></span>596 </span>2.936.<span class=\"ls2b\">789 </span>67<span class=\"ls0\">.</span>168 3.003.<span class=\"ls2b\">957 </span>Impacto 202<span class=\"ls0\">1 </span>Remensura\u00e7\u00f5es Retorno nos Pressupostos Pressupostos Pressupostos sobre ativos Imposto Capitais Valores em Euros<span class=\"_ _1\"></span> demogr\u00e1ficos financeiros de experi\u00eancia dos planos Valor bruto diferido pr\u00f3prios Pens\u00f5es com fundo<span class=\"_ _1\"></span> aut\u00f3nomo - - - - 1.<span class=\"ls24\">924</span>.988 (223.719)<span class=\"fc4\"> </span>1.<span class=\"ls24\">701</span>.269 - - - - 1.924.<span class=\"ls2b\">988 </span>(223.719)<span class=\"fc4\"> </span>1.701.<span class=\"ls2b\">269 </span>As <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sult<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> exp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>i\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> ter<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>\u00e1fi<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>. Estimativas e julgamentos Pr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os a<span class=\"_ _3b\"></span>tuari<span class=\"_ _0\"></span>ais 31/12/22 31/12/21 F\u00f3rmula de Bene<span class=\"_ _1\"></span>f\u00edcios da Seguran<span class=\"_ _1\"></span>\u00e7a Social<span class=\"_ _1\"></span> Decreto-Le<span class=\"_ _1\"></span>i n\u00ba 187/2007 de 10<span class=\"_ _1\"></span> de maio <span class=\"_ _1\"></span> Tabelas de <span class=\"_ _1\"></span>invalidez   EKV 80  EKV 80  Tabelas de morta<span class=\"_ _1\"></span>lidade TV 88/90 TV 88/90 Taxa de desconto<span class=\"_ _1\"></span> 3,50% 1,25% Taxa de crescimento<span class=\"_ _1\"></span> salarial<span class=\"_ _1\"></span> 2,00% 1,00% Taxa de remunera\u00e7\u00e3o<span class=\"_ _1\"></span> dos ativos d<span class=\"_ _1\"></span>os planos<span class=\"_ _1\"></span> 3,50% 1,25% Taxa de crescimento<span class=\"_ _1\"></span> das pens\u00f5es<span class=\"_ _1\"></span> 1,5% ou 2,00%<span class=\"_ _1\"></span> 1,00% An\u00e1<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de Valores em Euros<span class=\"_ _1\"></span> 31/12/22 Redu\u00e7\u00e3o de 0,<span class=\"_ _1\"></span>5% na taxa de d<span class=\"_ _1\"></span>esconto<span class=\"_ _1\"></span> Acr\u00e9scimo das respon<span class=\"_ _1\"></span>sabilidades<span class=\"_ _1\"></span> assumidas<span class=\"_ _1\"></span> 10<span class=\"ls0\">.</span>585<span class=\"ls0\">.975  </span>Aumento de 0,5% <span class=\"_ _1\"></span>na taxa de d<span class=\"_ _1\"></span>esconto<span class=\"_ _1\"></span> Redu\u00e7\u00e3o das responsa<span class=\"_ _1\"></span>bilidades a<span class=\"_ _1\"></span>ssumidas<span class=\"_ _1\"></span> (9<span class=\"ls0\">.<span class=\"ls24\">619</span>.544)<span class=\"_ _1\"></span> </span>Redu\u00e7\u00e3o de 0,<span class=\"_ _1\"></span>5% na taxa de cr<span class=\"_ _1\"></span>escimento salaria<span class=\"_ _1\"></span>l<span class=\"_ _1\"></span> Redu\u00e7\u00e3o das res<span class=\"_ _1\"></span>ponsabilidade<span class=\"_ _1\"></span>s assumidas<span class=\"_ _1\"></span> (2<span class=\"ls0\">.<span class=\"ls24\">067</span>.884)<span class=\"_ _1\"></span> </span>Aumento de 0,5% <span class=\"_ _1\"></span>na taxa de c<span class=\"_ _1\"></span>rescimento <span class=\"_ _1\"></span>salarial<span class=\"_ _1\"></span> Acr\u00e9scimo das respon<span class=\"_ _1\"></span>sabilidades<span class=\"_ _1\"></span> assumidas<span class=\"_ _1\"></span> 2.<span class=\"ls24\">174</span>.018  Redu\u00e7\u00e3o de 0,<span class=\"_ _1\"></span>5% na taxa de cr<span class=\"_ _1\"></span>escimento da<span class=\"_ _1\"></span>s pens\u00f5es<span class=\"_ _1\"></span> Redu\u00e7\u00e3o das responsa<span class=\"_ _1\"></span>bilidades a<span class=\"_ _1\"></span>ssumidas<span class=\"_ _1\"></span> (7<span class=\"ls0\">.<span class=\"ls24\">796</span>.773)<span class=\"_ _1\"></span> </span>Aumento de 0,5% <span class=\"_ _1\"></span>na taxa de c<span class=\"_ _1\"></span>rescimento da<span class=\"_ _1\"></span>s pens\u00f5es<span class=\"_ _1\"></span> Acr\u00e9scimo das respon<span class=\"_ _1\"></span>sabilidades<span class=\"_ _1\"></span> assumidas<span class=\"_ _1\"></span> 7.<span class=\"ls24\">963</span>.146  Valores em Euros<span class=\"_ _1\"></span> 31/12/21 Redu\u00e7\u00e3o de 0,<span class=\"_ _1\"></span>25% na taxa de <span class=\"_ _1\"></span>desconto<span class=\"_ _1\"></span> Acr\u00e9scimo das respon<span class=\"_ _1\"></span>sabilidades<span class=\"_ _1\"></span> assumidas<span class=\"_ _1\"></span> 7.<span class=\"ls24\">293</span>.802  Aumento de 0,25<span class=\"_ _1\"></span>% na taxa <span class=\"_ _1\"></span>de descon<span class=\"_ _1\"></span>to Redu\u00e7\u00e3o das responsa<span class=\"_ _1\"></span>bilidades a<span class=\"_ _1\"></span>ssumidas<span class=\"_ _1\"></span> (6<span class=\"ls0\">.<span class=\"ls24\">901</span>.576)<span class=\"_ _1\"></span> </span>Redu\u00e7\u00e3o de 0,<span class=\"_ _1\"></span>25% na taxa de <span class=\"_ _1\"></span>crescimen<span class=\"_ _1\"></span>to salarial<span class=\"_ _1\"></span> Redu\u00e7\u00e3o das responsa<span class=\"_ _1\"></span>bilidades a<span class=\"_ _1\"></span>ssumidas<span class=\"_ _1\"></span> (1<span class=\"ls0\">.<span class=\"ls24\">643</span>.123)<span class=\"_ _1\"></span> </span>Aumento de 0,25<span class=\"_ _1\"></span>% na taxa de<span class=\"_ _1\"></span> crescimento salaria<span class=\"_ _1\"></span>l<span class=\"_ _1\"></span> Acr\u00e9scimo das respon<span class=\"_ _1\"></span>sabilidades<span class=\"_ _1\"></span> assumi<span class=\"_ _1\"></span>das 1.<span class=\"ls24\">687</span>.898  Redu\u00e7\u00e3o de 0,<span class=\"_ _1\"></span>25% na taxa de <span class=\"_ _1\"></span>crescimen<span class=\"_ _1\"></span>to das pens\u00f5es<span class=\"_ _1\"></span> Redu\u00e7\u00e3o das responsa<span class=\"_ _1\"></span>bilidades a<span class=\"_ _1\"></span>ssumidas<span class=\"_ _1\"></span> (5<span class=\"ls0\">.<span class=\"ls24\">167</span>.727)<span class=\"_ _1\"></span> </span>Aumento de 0,25<span class=\"_ _1\"></span>% na taxa de<span class=\"_ _1\"></span> crescimento da<span class=\"_ _1\"></span>s pens\u00f5es<span class=\"_ _1\"></span> Acr\u00e9scimo das respon<span class=\"_ _1\"></span>sabilidades<span class=\"_ _1\"></span> assumidas<span class=\"_ _1\"></span> 5.<span class=\"ls24\">375</span>.162  Pol\u00edticas Contabil\u00edsticas Be<span class=\"_ _0\"></span>nef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> p\u00f3<span class=\"_ _0\"></span>s-e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>rego<span class=\"_ _0\"></span> -<span class=\"_ _0\"></span> Pla<span class=\"_ _3b\"></span>nos d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>bene<span class=\"_ _0\"></span>f\u00ed<span class=\"_ _0\"></span>cio <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> Alg<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>i\u00e1<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mir<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>sso d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpre<span class=\"_ _0\"></span>gado<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ni\u00e1ri<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>t\u00edt<span class=\"_ _0\"></span>ulo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pen<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de r<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>lhi<span class=\"_ _0\"></span>ce,<span class=\"_ _0\"></span> inv<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>z, re<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>ada e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>v\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>tuin<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ben<span class=\"_ _0\"></span>ef\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>fini<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>. O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsti<span class=\"_ _0\"></span>tui<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>fun<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s de <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>t\u00f3<span class=\"_ _0\"></span>nomo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>tota<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sabil<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s. C<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> m\u00e9<span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> unid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>ce <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>stos<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a at<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ef\u00ed<span class=\"_ _0\"></span>cios<span class=\"_ _0\"></span> \u00e0 m<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ser<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>\u00e7os<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>dos pe<span class=\"_ _0\"></span>los<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>. D<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>modo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tot<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tima<span class=\"_ _0\"></span>da,<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> meno<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nter<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>anu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>ntid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>epen<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>. A r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>dete<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> \u00e9 a<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>na d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>edu<span class=\"_ _0\"></span>zid<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>os c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>stit<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a Re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>lida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s p<span class=\"_ _3b\"></span>or be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>fini<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s. Os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sv<span class=\"_ _0\"></span>ios <span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>iais<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sult<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>onsa<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mada<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o con<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>\u00eanci<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>era\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>aos <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>mog<span class=\"_ _0\"></span>r\u00e1<span class=\"_ _0\"></span>fico<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> gan<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>i\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>adic<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> o r<span class=\"_ _0\"></span>eto<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>eal <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>quot<span class=\"_ _0\"></span>a-p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span> l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>regi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>egr<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ansi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>. O j<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o l<span class=\"_ _0\"></span>\u00edqu<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u00e0 apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nto a<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>abili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> l\u00edq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> (v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ded<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>undo<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>e \u00e9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>o no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>asto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>al. Os <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> liq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>fini<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onhe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>esul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ando<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span> liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00e3o oco<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>. U<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ocor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>du\u00e7<span class=\"_ _0\"></span>\u00e3o m<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ial <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> n\u00fa<span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s. Os <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m da <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ple<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>ovo <span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> ou <span class=\"_ _0\"></span>acr<span class=\"_ _0\"></span>\u00e9<span class=\"_ _0\"></span>scim<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>. Be<span class=\"_ _0\"></span>nef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> p\u00f3<span class=\"_ _0\"></span>s-e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>rego<span class=\"_ _0\"></span> -<span class=\"_ _0\"></span> Pla<span class=\"_ _3b\"></span>nos d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ui\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> def<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>da A g<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sas <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>miu<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>omi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>os r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntri<span class=\"_ _0\"></span>bui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bui\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>finid<span class=\"_ _0\"></span>a,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>gem<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> abr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>gid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>sses<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nar<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>lem<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pen<span class=\"_ _0\"></span>s\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r ve<span class=\"_ _0\"></span>lhi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>nva<span class=\"_ _0\"></span>lidez<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>v\u00ea<span class=\"_ _0\"></span>ncia.<span class=\"_ _0\"></span> Par<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>fora<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>tu\u00edd<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> Fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Pe<span class=\"_ _0\"></span>ns\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>sam<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>aqu<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>as con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00f5es,<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s po<span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>uar<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ontr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ui\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> vol<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t\u00e1ri<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>, mas<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> qua<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>me <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spons<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> ou <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>etor<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00e9-<span class=\"_ _0\"></span>fix<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>. De<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ui\u00e7\u00f5<span class=\"_ _0\"></span>es e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>adas<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>odo,<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>mente<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>mome<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>sua <span class=\"_ _0\"></span>liq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>. 7.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Remu<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>os </span></span>do<span class=\"_ _0\"></span>s \u00f3<span class=\"_ _3b\"></span>rg\u00e3o<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>iais Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>\u00d3rg\u00e3os Sociais da<span class=\"_ _1\"></span> Navigator<span class=\"_ _1\"></span>   <span class=\"ls0\">Conselh<span class=\"_ _1\"></span>o de Administra\u00e7\u00e3<span class=\"_ _1\"></span>o </span>2.<span class=\"ls24\">980</span>.652  2.<span class=\"ls24\">978</span>.880    <span class=\"ls0\">Conselh<span class=\"_ _1\"></span>o Fiscal </span>53<span class=\"ls0\">.</span>998 <span class=\"ls0\"> </span>53<span class=\"ls0\">.</span>998 <span class=\"ls0\"> </span>  <span class=\"ls0\">Conselh<span class=\"_ _1\"></span>o Ambiental  </span>15<span class=\"ls0\">.</span>250 <span class=\"ls0\"> </span>33<span class=\"ls0\">.</span>500 <span class=\"ls0\"> </span>  <span class=\"ls0\">Mesa da Asse<span class=\"_ _1\"></span>mbleia Gera<span class=\"_ _1\"></span>l </span>7.<span class=\"ls24\">000 </span> 4.<span class=\"ls24\">000 </span> 3.056.<span class=\"ls2b\">900 <span class=\"_ _1\"></span></span> 3.070.<span class=\"ls2b\">378 <span class=\"_ _1\"></span></span>  \u00d3rg\u00e3os Sociais de<span class=\"_ _1\"></span> outras empr<span class=\"_ _1\"></span>esas do Gr<span class=\"_ _1\"></span>upo  296<span class=\"ls0\">.088 <span class=\"_ _1\"></span> </span>288<span class=\"ls0\">.511 <span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>Total (Nota 7.1)<span class=\"_ _1\"></span> 3.352.<span class=\"ls2b\">988 <span class=\"_ _1\"></span></span> 3.358.<span class=\"ls2b\">889 <span class=\"_ _1\"></span></span> Remunera\u00e7<span class=\"_ _1\"></span>\u00e3o dos membros d<span class=\"_ _1\"></span>o Consel<span class=\"_ _1\"></span>ho de <span class=\"_ _1\"></span>Administra\u00e7\u00e3o<span class=\"_ _1\"></span> Tod<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ol\u00ed<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>sel<span class=\"_ _0\"></span>ho d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Admi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>scr<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>Rel<span class=\"_ _0\"></span>at\u00f3<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Go<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>Soc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>t\u00e1ri<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Soci<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>. No<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>a be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>f\u00edc<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s p\u00f3s<span class=\"_ _0\"></span>-e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>ego<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 31 <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>deze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>nef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>\u00f3s<span class=\"_ _0\"></span>-em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>mini<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>or do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span><span class=\"ff9\">asce<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a \u20ac<span class=\"_ _0\"></span>827<span class=\"_ _0\"></span>.<span class=\"ff1\">00<span class=\"_ _0\"></span>5 <span class=\"_ _0\"></span><span class=\"ff9\">(31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1: <span class=\"_ _0\"></span>\u20ac95<span class=\"_ _0\"></span>6.<span class=\"_ _0\"></span>764<span class=\"_ _0\"></span>). <span class=\"_ _0\"></span>Adi<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te, <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>\u00eas </span></span></span>do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>Ad<span class=\"_ _0\"></span>mini<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s s\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cipa<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pla<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Br<span class=\"_ _0\"></span>ands<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A.,<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>ria <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> So<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> qua<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>olab<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s da<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de,<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>rar<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> car<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>admi<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>. Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>elat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>sel<span class=\"_ _0\"></span>ho <span class=\"_ _0\"></span>de Adm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>isti<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>: i<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>quai<span class=\"_ _0\"></span>sq<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> res<span class=\"_ _0\"></span>pon<span class=\"_ _0\"></span>sab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> adi<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>afet<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a out<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>bene<span class=\"_ _0\"></span>f\u00edc<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>ongo<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>raz<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>ii)<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>o, i<span class=\"_ _0\"></span>ii)<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>trib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> nem <span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>) q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>sq<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> sa<span class=\"_ _0\"></span>ldo<span class=\"_ _0\"></span>s pe<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. 8.1.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Gest<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o </span></span>A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa, <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r,<span class=\"_ _0\"></span> tem<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m p<span class=\"_ _0\"></span>rog<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> sua<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>\u00e1li<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a at<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sem<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nim<span class=\"_ _0\"></span>izar<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>dv<span class=\"_ _0\"></span>ers<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>na s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>ce f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a. A<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nduz<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>re\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>rdo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>pol\u00ed<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ova<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>os r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s C<span class=\"_ _0\"></span>onse<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de Adm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>nhad<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Comi<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Ris<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>. A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ti<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a po<span class=\"_ _0\"></span>stur<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do r<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nimi<span class=\"_ _0\"></span>zar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ais ef<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>adv<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sos<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ocia<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>nom<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>dame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>no q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>isco<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>. 8.1.1.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Risco<span class=\"_ _1\"></span> cambial<span class=\"_ _1\"></span> </span>Pol\u00edtica de gest<span class=\"_ _1\"></span>\u00e3o do risco camb<span class=\"_ _1\"></span>ial Uma parte significativa das ve<span class=\"_ _0\"></span>ndas do Grupo \u00e9 denominada em moe<span class=\"_ _0\"></span>das diferentes do Euro, pelo que<span class=\"_ _0\"></span> a sua evolu\u00e7\u00e3o poder\u00e1 ter um i<span class=\"_ _0\"></span>mpacto significativo nos fluxos de caixa obti<span class=\"_ _0\"></span>dos com as vendas futuras do Grupo<span class=\"_ _0\"></span>, sendo a moeda com maior imp<span class=\"_ _0\"></span>acto o USD. Tamb\u00e9m as vendas <span class=\"_ _0\"></span>em GBP, PLN e CHF t\u00eam alg<span class=\"_ _0\"></span>uma express\u00e3o, tendo <span class=\"_ _0\"></span>as vendas noutras moedas me<span class=\"_ _0\"></span>nor significado. As compras de algumas mat<span class=\"_ _0\"></span>\u00e9rias-primas s\u00e3o efetuadas em USD, <span class=\"_ _0\"></span>nomeadamente pa<span class=\"_ _0\"></span>rte das importa\u00e7\u00f5es de madeira e de pasta de fibr<span class=\"_ _0\"></span>a longa, pelo que varia\u00e7\u00f5es nesta moed<span class=\"_ _0\"></span>a poder\u00e3o ter um i<span class=\"_ _0\"></span>mpacto nos valores de aquisi\u00e7\u00e3o. Adicionalmente, e uma vez <span class=\"_ _0\"></span>concretizada uma venda ou <span class=\"_ _0\"></span>compra em moeda difer<span class=\"_ _0\"></span>ente do Euro, o Grupo incorr<span class=\"_ _0\"></span>e em risco cambial at\u00e9 ao recebi<span class=\"_ _0\"></span>mento ou pagamento dessa v<span class=\"_ _0\"></span>enda ou compra, caso n\u00e3o c<span class=\"_ _0\"></span>ontrate instrumentos de cobertura deste ri<span class=\"_ _0\"></span>sco. Deste modo, existe permane<span class=\"_ _0\"></span>ntemente, no seu ativo, um mont<span class=\"_ _0\"></span>ante significativo de cr\u00e9di<span class=\"_ _0\"></span>tos a receber, assim como, embor<span class=\"_ _0\"></span>a com menor express\u00e3o, d<span class=\"_ _0\"></span>\u00e9bitos a pagar, expostos a ri<span class=\"_ _0\"></span>sco cambial.  Utiliza\u00e7\u00e3o de instrumentos financeiros d<span class=\"_ _0\"></span>erivados O Grupo recorre \u00e0 util<span class=\"_ _0\"></span>iza\u00e7\u00e3o de instrumentos financeiros d<span class=\"_ _0\"></span>erivados para a gest\u00e3o do risco camb<span class=\"_ _0\"></span>ial, de acordo com uma pol\u00edtica definida pe<span class=\"_ _0\"></span>riodicamente e que tem como obj<span class=\"_ _0\"></span>etivo limitar o risco l\u00edquido de exposi<span class=\"_ _0\"></span>\u00e7\u00e3o cambial associado \u00e0s vendas e comp<span class=\"_ _0\"></span>ras futuras, aos cr\u00e9ditos e d<span class=\"_ _0\"></span>\u00e9bitos a receber e<span class=\"_ _0\"></span> a pagar e outros ativos denominados em moedas difere<span class=\"_ _0\"></span>ntes do Euro. Nos per\u00edodos apre<span class=\"_ _0\"></span>sentados, o Grupo det\u00e9m deri<span class=\"_ _0\"></span>vados que se encontram a cobrir o risco cambial de<span class=\"_ _0\"></span> opera\u00e7\u00f5es futuras em moeda diferente<span class=\"_ _0\"></span> da moeda de apresenta\u00e7\u00e3o (ve<span class=\"_ _0\"></span>r Nota 8.2 <span class=\"ff9\">\u2013</span> Instrumentos financeir<span class=\"_ _0\"></span>os derivados). Exposi\u00e7\u00e3o dos ativos e passivos financeiros ao risco cambial e an\u00e1lise de sensibilidade 31 de dezembro de 202<span class=\"_ _1\"></span>2  D\u00f3lar  Libra  Zloti  Lira  Franco  Metical  Diram  Rand s<span class=\"lsa0\">ul</span>- Total no<span class=\"ls0\">rte- </span>esterlina  polaco  turca  su\u00ed\u00e7o  mo\u00e7ambicano<span class=\"_ _0\"></span>  marroquino <span class=\"_ _0\"></span> africano  (Euros)  americano <span class=\"_ _0\"></span> Valores em Divisas<span class=\"_ _1\"></span> Caixa e equiva<span class=\"_ _1\"></span>lentes de caixa<span class=\"_ _1\"></span> 669<span class=\"ls0\">.</span>343 <span class=\"ls0\"> </span>920<span class=\"ls0\">.</span>577 <span class=\"ls0\"> </span>628<span class=\"ls0\">.</span>521 <span class=\"ls0\"> </span>277<span class=\"ls0\">.</span>417 <span class=\"ls0\"> </span>60<span class=\"ls0\">.</span>783 <span class=\"ls0\"> </span>69<span class=\"ls0\">.</span>989<span class=\"ls0\">.502  </span>528<span class=\"ls0\">.</span>284 <span class=\"ls0\"> </span>40<span class=\"ls0\">.</span>922 <span class=\"ls0\"> </span>3.<span class=\"ls24\">033</span>.736  Valores a receber<span class=\"_ _1\"></span> 121<span class=\"ls0\">.</span>178<span class=\"ls0\">.751  </span>27<span class=\"ls0\">.</span>203<span class=\"ls0\">.259  </span>22<span class=\"ls0\">.</span>284<span class=\"ls0\">.073  </span>124<span class=\"ls0\">.</span>322 <span class=\"ls0\"> </span>3.<span class=\"ls24\">171</span>.682  119<span class=\"ls0\">.</span>228<span class=\"ls0\">.330  </span>-  -  158<span class=\"ls0\">.</span>098<span class=\"ls0\">.615  </span>Total de ativos f<span class=\"_ _1\"></span>inanceiros<span class=\"_ _1\"></span> 121<span class=\"ls0\">.848.0<span class=\"_ _1\"></span>94  </span>28<span class=\"ls0\">.</span>123<span class=\"ls0\">.<span class=\"_ _1\"></span>836  </span>22<span class=\"ls0\">.</span>912<span class=\"ls0\">.<span class=\"_ _1\"></span>594  </span>401<span class=\"ls0\">.739 <span class=\"_ _1\"></span> </span>3.232.<span class=\"ls2b\">465 <span class=\"_ _1\"></span></span> 189<span class=\"ls0\">.217.8<span class=\"_ _1\"></span>32  </span>528<span class=\"ls0\">.284 <span class=\"_ _1\"></span> </span>40<span class=\"ls0\">.</span>922 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>161<span class=\"ls0\">.132.3<span class=\"_ _1\"></span>51  </span>Financiamentos<span class=\"_ _1\"></span> Valores a pagar<span class=\"_ _1\"></span> -<span class=\"fc5\"> </span>(270.975) (11.083) (22.910) (30.685) - (98.203) - (1<span class=\"ls0\">.<span class=\"ls24\">373</span>.124)<span class=\"_ _1\"></span> </span>Total de pa<span class=\"_ _1\"></span>ssivos financeiros<span class=\"_ _1\"></span> -  (270.975) (11.083) (22.910) (30.685) -  (98.203) -  (1<span class=\"ls0\">.373.124) </span>Posi\u00e7\u00e3o finance<span class=\"_ _1\"></span>ira l\u00edquida <span class=\"_ _1\"></span> 121<span class=\"ls0\">.848.0<span class=\"_ _1\"></span>94  </span>27<span class=\"ls0\">.</span>852<span class=\"ls0\">.<span class=\"_ _1\"></span>861  </span>22<span class=\"ls0\">.</span>901<span class=\"ls0\">.<span class=\"_ _1\"></span>511  </span>378<span class=\"ls0\">.829 <span class=\"_ _1\"></span> </span>3.201.<span class=\"ls2b\">780 <span class=\"_ _1\"></span></span> 189<span class=\"ls0\">.217.8<span class=\"_ _1\"></span>32  </span>430<span class=\"ls0\">.081 <span class=\"_ _1\"></span> </span>40<span class=\"ls0\">.</span>922 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>159<span class=\"ls0\">.759.2<span class=\"_ _1\"></span>27  </span>em moeda es<span class=\"_ _1\"></span>trangeira<span class=\"_ _1\"></span> Posi\u00e7\u00e3o finance<span class=\"_ _1\"></span>ira l\u00edquida e<span class=\"_ _1\"></span>m Euros 117<span class=\"ls0\">.308.2<span class=\"_ _1\"></span>64  </span>32<span class=\"ls0\">.</span>454<span class=\"ls0\">.<span class=\"_ _1\"></span>977  </span>4.882.<span class=\"ls2b\">635 <span class=\"_ _1\"></span></span> 21<span class=\"ls0\">.</span>870 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>3.214.<span class=\"ls2b\">639 <span class=\"_ _1\"></span></span> 2.847.<span class=\"ls2b\">308 <span class=\"_ _1\"></span></span> 40<span class=\"ls0\">.</span>715 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>2.405  160<span class=\"ls0\">.772.8<span class=\"_ _1\"></span>12  </span>Impacto da varia\u00e7\u00e3o d<span class=\"_ _1\"></span>e + 10%<span class=\"_ _1\"></span> em todas as taxa<span class=\"_ _1\"></span>s de c\u00e2mbio <span class=\"_ _1\"></span>nos resultados do <span class=\"_ _1\"></span>per\u00edodo<span class=\"_ _45\"></span><span class=\"ff7 fs11 fc2\"> </span> 9.305.<span class=\"ls2b\">760 <span class=\"_ _1\"></span></span> Impacto da varia\u00e7\u00e3o d<span class=\"_ _1\"></span>e -10<span class=\"_ _1\"></span>% em todas a<span class=\"_ _1\"></span>s taxas de c\u00e2mb<span class=\"_ _1\"></span>io nos re<span class=\"_ _1\"></span>sultados do per\u00edod<span class=\"_ _1\"></span>o<span class=\"_ _1\"></span><span class=\"ff7 fs11 fc2\"> </span> (11.373.706)<span class=\"_ _1\"></span> 31 de dezembro de 202<span class=\"_ _1\"></span>1  D\u00f3lar  Libra  Zloti  Lira  Franco  Metical  Diram  Rand s<span class=\"lsa0\">ul</span>- Total norte-esterlina  polaco  turca  su\u00ed\u00e7o  mo\u00e7ambicano<span class=\"_ _0\"></span>  marroquino <span class=\"_ _0\"></span> africano  (Euros)  americano <span class=\"_ _0\"></span> Valores em Divisas<span class=\"_ _1\"></span> Caixa e equiva<span class=\"_ _1\"></span>lentes de caixa<span class=\"_ _1\"></span> 3.<span class=\"ls24\">392</span>.118 <span class=\"fc4\"> </span>442<span class=\"ls0\">.</span>905 <span class=\"fc4 ls0\"> </span>546<span class=\"ls0\">.</span>861 <span class=\"fc4 ls0\"> </span>102<span class=\"ls0\">.</span>302 <span class=\"fc4 ls0\"> </span>117<span class=\"ls0\">.</span>265 <span class=\"fc4 ls0\"> </span>10<span class=\"ls0\">.</span>352<span class=\"ls0\">.877 <span class=\"fc4\"> </span></span>651<span class=\"ls0\">.</span>982 <span class=\"fc4 ls0\"> </span>40<span class=\"ls0\">.</span>922 <span class=\"fc4 ls0\"> </span>3.<span class=\"ls24\">968</span>.677 <span class=\"fc4\"> </span>Valores a receber<span class=\"_ _1\"></span> 63<span class=\"ls0\">.</span>112<span class=\"ls0\">.114 <span class=\"fc4\"> </span></span>7.<span class=\"ls24\">550</span>.211 <span class=\"fc4\"> </span>6.<span class=\"ls24\">306</span>.245 <span class=\"fc4\"> </span>- <span class=\"fc4\"> </span>1.<span class=\"ls24\">498</span>.477 <span class=\"fc4\"> </span>3.<span class=\"ls24\">588</span>.455 <span class=\"fc4\"> </span>- <span class=\"fc4\"> </span>- <span class=\"fc4\"> </span>67<span class=\"ls0\">.</span>580<span class=\"ls0\">.500 <span class=\"fc4\"> </span></span>Total de ativos f<span class=\"_ _1\"></span>inanceiros<span class=\"_ _1\"></span> 66<span class=\"ls0\">.</span>504<span class=\"ls0\">.<span class=\"_ _1\"></span>232 <span class=\"fc4\"> </span></span>7.993.<span class=\"ls2b\">116 <span class=\"_ _1\"></span></span><span class=\"fc4\"> </span>6.853.<span class=\"ls2b\">106 <span class=\"_ _1\"></span></span><span class=\"fc4\"> </span>102<span class=\"ls0\">.302 <span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>1.615 742 <span class=\"fc4\"> </span>13<span class=\"ls0\">.</span>941<span class=\"ls0\">.<span class=\"_ _1\"></span>332 <span class=\"fc4\"> </span></span>651<span class=\"ls0\">.982 <span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>40<span class=\"ls0\">.</span>922 <span class=\"_ _1\"></span><span class=\"fc4 ls0\"> </span>71<span class=\"ls0\">.</span>549<span class=\"ls0\">.<span class=\"_ _1\"></span>177 <span class=\"fc4\"> </span></span>Financiamentos<span class=\"_ _1\"></span> Valores a pagar<span class=\"_ _1\"></span> (4<span class=\"ls0\">.<span class=\"ls24\">349</span>.239)<span class=\"_ _1\"></span> </span>(24.525)<span class=\"fc4\"> </span>(12.180)<span class=\"fc4\"> </span>(1<span class=\"ls0\">.312)<span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>(4<span class=\"ls0\">.062)<span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>(6<span class=\"ls0\">.<span class=\"ls24\">579</span>.943)<span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>(71.000)<span class=\"fc4\"> </span>-<span class=\"fc4\"> </span>(3<span class=\"ls0\">.<span class=\"ls24\">979</span>.758)<span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>Total de pa<span class=\"_ _1\"></span>ssivos financeiros<span class=\"_ _1\"></span> (4<span class=\"ls0\">.349.239)<span class=\"fc4\"> </span></span>(24.525)<span class=\"fc4\"> </span>(12.180)<span class=\"fc4\"> </span>(1<span class=\"ls0\">.312)<span class=\"fc4\"> </span></span>(4<span class=\"ls0\">.062)<span class=\"fc4\"> </span></span>(6<span class=\"ls0\">.579.943)<span class=\"fc4\"> </span></span>(71.000)<span class=\"fc4\"> </span>- <span class=\"fc4\"> </span>(3<span class=\"ls0\">.979.758)<span class=\"fc4\"> </span></span>Posi\u00e7\u00e3o finance<span class=\"_ _1\"></span>ira l\u00edquida <span class=\"_ _1\"></span> 62<span class=\"ls0\">.</span>154<span class=\"ls0\">.<span class=\"_ _1\"></span>993 <span class=\"fc4\"> </span></span>7.968.<span class=\"ls2b\">590 <span class=\"_ _1\"></span></span><span class=\"fc4\"> </span>6.840.<span class=\"ls2b\">927 <span class=\"_ _1\"></span></span><span class=\"fc4\"> </span>100<span class=\"ls0\">.990 <span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>1.611.<span class=\"ls2b\">680 <span class=\"_ _1\"></span></span><span class=\"fc4\"> </span>7.361.<span class=\"ls2b\">389 <span class=\"_ _1\"></span></span><span class=\"fc4\"> </span>580<span class=\"ls0\">.982 <span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>40<span class=\"ls0\">.</span>922 <span class=\"_ _1\"></span><span class=\"fc4 ls0\"> </span>67<span class=\"ls0\">.</span>569<span class=\"ls0\">.<span class=\"_ _1\"></span>419 <span class=\"fc4\"> </span></span>em moeda es<span class=\"_ _1\"></span>trangeira<span class=\"_ _1\"></span> Posi\u00e7\u00e3o finance<span class=\"_ _1\"></span>ira l\u00edquida e<span class=\"_ _1\"></span>m Euros 54<span class=\"ls0\">.</span>878<span class=\"ls0\">.<span class=\"_ _1\"></span>150 <span class=\"fc4\"> </span></span>9.483.<span class=\"ls2b\">256 <span class=\"_ _1\"></span></span><span class=\"fc4\"> </span>1.488.<span class=\"ls2b\">161 <span class=\"_ _1\"></span></span><span class=\"fc4\"> </span>6.629 <span class=\"fc4\"> </span>1.560.<span class=\"ls2b\">043 <span class=\"_ _1\"></span></span><span class=\"fc4\"> </span>101<span class=\"ls0\">.789 <span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>55<span class=\"ls0\">.</span>245 <span class=\"_ _1\"></span><span class=\"fc4 ls0\"> </span>2.266 <span class=\"fc4\"> </span>67<span class=\"ls0\">.</span>569<span class=\"ls0\">.<span class=\"_ _1\"></span>419 <span class=\"fc4\"> </span></span>Impacto da varia\u00e7\u00e3o d<span class=\"_ _1\"></span>e + 10%<span class=\"_ _1\"></span> em todas as taxa<span class=\"_ _1\"></span>s de c\u00e2mbio <span class=\"_ _1\"></span>nos resultados do <span class=\"_ _1\"></span>per\u00edodo<span class=\"_ _45\"></span> 8.223.<span class=\"ls2b\">512 <span class=\"_ _1\"></span></span><span class=\"fc4\"> </span>Impacto da varia\u00e7\u00e3o d<span class=\"_ _1\"></span>e -10<span class=\"_ _1\"></span>% em todas a<span class=\"_ _1\"></span>s taxas de c\u00e2mb<span class=\"_ _1\"></span>io nos re<span class=\"_ _1\"></span>sultados do per\u00edod<span class=\"_ _1\"></span>o<span class=\"_ _1\"></span><span class=\"ff7 fc2\"> </span> (10.199.055)<span class=\"_ _1\"></span><span class=\"fc4\"> </span>Na <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> div<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ga <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ivos<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>o ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> cam<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>n\u00e1l<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sibi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>visa<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zou<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, m<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>que <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e b<span class=\"_ _0\"></span>ala<span class=\"_ _0\"></span>n\u00e7o,<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>sui<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00f5es <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>az\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> as <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c\u00e2<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>o di<span class=\"_ _0\"></span>vu<span class=\"_ _0\"></span>lg<span class=\"_ _0\"></span>adas<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>1.<span class=\"_ _0\"></span>4.4<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> mai<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>n\u00fam<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>moe<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>ta. 8.1.2.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Risco de t<span class=\"_ _1\"></span>axa de juro<span class=\"_ _1\"></span> </span>Pol\u00edtica de gest<span class=\"_ _1\"></span>\u00e3o do risco de taxa<span class=\"_ _1\"></span> de juro<span class=\"_ _1\"></span> Uma parte do custo associa<span class=\"_ _0\"></span>do \u00e0 d\u00edvida financeira contra\u00ed<span class=\"_ _0\"></span>da pelo Grupo est\u00e1 indexada a t<span class=\"_ _0\"></span>axas de refer\u00eancia de curto prazo, revistas com u<span class=\"_ _0\"></span>ma periodicidade<span class=\"_ _0\"></span> inferior a um ano (geralmente seis meses na d\u00edvi<span class=\"_ _0\"></span>da de m\u00e9dio e longo prazo). Deste modo, varia\u00e7\u00f5<span class=\"_ _0\"></span>es nas taxas de juro pod<span class=\"_ _0\"></span>em afetar os resultados do Grup<span class=\"_ _0\"></span>o.  A estrat\u00e9gia de gest\u00e3o do ri<span class=\"_ _0\"></span>sco de taxa de juro \u00e9 revi<span class=\"_ _0\"></span>sta periodicamente pelo Grupo. Face ao <span class=\"_ _0\"></span>n\u00edvel atual das taxas de juro temos pr<span class=\"_ _0\"></span>ivilegiado a contrata\u00e7\u00e3o de d\u00edvida a taxa fixa. Utiliza\u00e7\u00e3o de instrumentos financeiros d<span class=\"_ _0\"></span>erivados Nos casos em que a Administr<span class=\"_ _0\"></span>a\u00e7\u00e3o considera adequado, <span class=\"_ _0\"></span>o Grupo recorre \u00e0 util<span class=\"_ _0\"></span>iza\u00e7\u00e3o de instrumentos financeiros derivados (Nota 8.2), nomeadamente<span class=\"_ _0\"></span> swaps, tendo est<span class=\"_ _0\"></span>es instrumentos como objetivo de fixar a tax<span class=\"_ _0\"></span>a de juro dos empr\u00e9stimos que<span class=\"_ _0\"></span> obt\u00e9m, dentro de determinados p<span class=\"_ _0\"></span>ar\u00e2metros, considerados adequa<span class=\"_ _0\"></span>dos pelas pol\u00edticas de ge<span class=\"_ _0\"></span>st\u00e3o de risco do Grupo. Exposi\u00e7\u00e3o ao risco de taxa de juro  A 3<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 6%<span class=\"_ _0\"></span> (3<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bro <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21<span class=\"lsd\">: </span>5%<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> d\u00ed<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>a fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ava <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xas <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>\u00eanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>rto<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>azo,<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>dici<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>erio<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>(g<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>lme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a d\u00ed<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>m\u00e9di<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> l<span class=\"_ _0\"></span>ong<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span>) e<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00e9m<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>o op<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tun<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>m,<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ria\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>s tax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>. O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> tem<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rivi<span class=\"_ _0\"></span>leg<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>do a<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>\u00edvi<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> fix<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>orri<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>deri<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>swa<span class=\"_ _0\"></span>ps<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> jur<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>o ob<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>xar<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>r\u00e9<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>s qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>obt<span class=\"_ _0\"></span>\u00e9m<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ar\u00e2<span class=\"_ _0\"></span>metr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>.  Em<span class=\"ls0\"> 3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>e <span class=\"ls16\">2021</span>,<span class=\"_ _0\"></span> o r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>sumo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m ex<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o </span>a r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> jur<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>fun\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ata d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sent<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o no<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>: Mais  Valores em Euros<span class=\"_ _1\"></span> At\u00e9 1 m\u00eas 1-3 meses 3-12 meses<span class=\"_ _0\"></span> 1-5 anos de 5 anos  Total A 31 de deze<span class=\"_ _1\"></span>mbro de 2022<span class=\"_ _1\"></span> Ativos Correntes Caixa e seus equ<span class=\"_ _1\"></span>ivalentes 343<span class=\"ls0\">.</span>083<span class=\"ls0\">.788  </span>-  -  -  -  343<span class=\"ls0\">.</span>083<span class=\"ls0\">.788  </span>Total de ativos f<span class=\"_ _1\"></span>inanceiros<span class=\"_ _1\"></span> 343<span class=\"ls0\">.083.7<span class=\"_ _1\"></span>88  </span>-  -  -  -  343<span class=\"ls0\">.083.7<span class=\"_ _1\"></span>88  </span>Passivos N\u00e3o correntes<span class=\"_ _1\"></span> Financiamentos<span class=\"_ _1\"></span> obtidos -  -  -  492<span class=\"ls0\">.</span>801<span class=\"ls0\">.587  </span>123<span class=\"ls0\">.</span>710<span class=\"ls0\">.317  </span>616<span class=\"ls0\">.</span>511<span class=\"ls0\">.905  </span>Incentivos ree<span class=\"_ _1\"></span>mbols\u00e1veis -  -  -  28<span class=\"ls0\">.</span>877<span class=\"ls0\">.757  </span>1.<span class=\"ls24\">097</span>.307  29<span class=\"ls0\">.</span>975<span class=\"ls0\">.064  </span>Correntes Financiamentos<span class=\"_ _1\"></span> obtidos -  49<span class=\"ls0\">.</span>857<span class=\"ls0\">.143  </span>25<span class=\"ls0\">.</span>218<span class=\"ls0\">.254  </span>-  -  75<span class=\"ls0\">.</span>075<span class=\"ls0\">.397  </span>Incentivos ree<span class=\"_ _1\"></span>mbols\u00e1veis -  -  7.<span class=\"ls24\">219</span>.439  -  -  7.<span class=\"ls24\">219</span>.439  Total de pa<span class=\"_ _1\"></span>ssivos financeiros<span class=\"_ _1\"></span> -  49<span class=\"ls0\">.</span>857<span class=\"_ _1\"></span><span class=\"ls0\">.143  </span>32<span class=\"ls0\">.</span>437<span class=\"ls0\">.<span class=\"_ _1\"></span>693  </span>521<span class=\"ls0\">.679.3<span class=\"_ _1\"></span>44  </span>124<span class=\"ls0\">.807.6<span class=\"_ _1\"></span>25  </span>728<span class=\"ls0\">.781.8<span class=\"_ _1\"></span>05  </span>Diferencial acu<span class=\"_ _1\"></span>mulado 343<span class=\"ls0\">.083.7<span class=\"_ _1\"></span>88  </span>293<span class=\"ls0\">.226.6<span class=\"_ _1\"></span>45  </span>260<span class=\"ls0\">.788.9<span class=\"_ _1\"></span>52  </span>(260.890.3<span class=\"_ _1\"></span>92) (385.698.017)<span class=\"_ _1\"></span> Mais  Valores em Euros<span class=\"_ _1\"></span> At\u00e9 1 m\u00eas 1-3 meses 3-12 meses<span class=\"_ _0\"></span> 1-5 anos de 5 anos  Total A 31 de deze<span class=\"_ _1\"></span>mbro de 2021<span class=\"_ _1\"></span> Ativos Correntes Caixa e seus equ<span class=\"_ _1\"></span>ivalentes 239<span class=\"ls0\">.</span>171<span class=\"ls0\">.252  </span>-  -  -  -  239<span class=\"ls0\">.</span>171<span class=\"ls0\">.252  </span>Total de ativos f<span class=\"_ _1\"></span>inanceiros<span class=\"_ _1\"></span> 239<span class=\"ls0\">.171.2<span class=\"_ _1\"></span>52  </span>-  -  -  -  239<span class=\"ls0\">.171.2<span class=\"_ _1\"></span>52  </span>Passivos N\u00e3o correntes<span class=\"_ _1\"></span> Financiamentos<span class=\"_ _1\"></span> obtidos -  -  -  647<span class=\"ls0\">.</span>913<span class=\"ls0\">.901  </span>32<span class=\"ls0\">.</span>202<span class=\"ls0\">.381  </span>680<span class=\"ls0\">.</span>116<span class=\"ls0\">.282  </span>Incentivos ree<span class=\"_ _1\"></span>mbols\u00e1veis -  -  -  28<span class=\"ls0\">.</span>877<span class=\"ls0\">.757  </span>5.<span class=\"ls24\">631</span>.853  34<span class=\"ls0\">.</span>509<span class=\"ls0\">.610  </span>Correntes Financiamentos<span class=\"_ _1\"></span> obtidos -  115<span class=\"ls0\">.</span>218<span class=\"ls0\">.254  </span>-  -  -  115<span class=\"ls0\">.</span>218<span class=\"ls0\">.254  </span>Incentivos ree<span class=\"_ _1\"></span>mbols\u00e1veis -  -  4.<span class=\"ls24\">099</span>.903  -  -  4.<span class=\"ls24\">099</span>.903  Total de pa<span class=\"_ _1\"></span>ssivos financeiros<span class=\"_ _1\"></span> -  115<span class=\"ls0\">.218.2<span class=\"_ _1\"></span>54  </span>4.099.<span class=\"ls2b\">903 <span class=\"_ _1\"></span></span> 676<span class=\"ls0\">.791.6<span class=\"_ _1\"></span>58  </span>37<span class=\"ls0\">.</span>834<span class=\"ls0\">.<span class=\"_ _1\"></span>234  </span>833<span class=\"ls0\">.944.0<span class=\"_ _1\"></span>49  </span>Diferencial acu<span class=\"_ _1\"></span>mulado 239<span class=\"ls0\">.171.2<span class=\"_ _1\"></span>52  </span>123<span class=\"ls0\">.952.9<span class=\"_ _1\"></span>98  </span>119<span class=\"ls0\">.853.0<span class=\"_ _1\"></span>95  </span>(556.938.5<span class=\"_ _1\"></span>63) (594.772.797)<span class=\"_ _1\"></span> Estimativas e julgamentos An\u00e1<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>\u00e9cni<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> an\u00e1<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue m<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>alte<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mad<span class=\"_ _0\"></span>as n<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>is d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> aum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>dimi<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>diata<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rcad<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>ari\u00e1<span class=\"_ _0\"></span>veis<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>Est<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>n\u00e1l<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> ape<span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> il<span class=\"_ _0\"></span>ustr<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span>, j<span class=\"_ _0\"></span>\u00e1 q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00e1ti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> ra<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>isol<span class=\"_ _0\"></span>adam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>. A a<span class=\"_ _0\"></span>n\u00e1l<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sibi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> \u00e9 b<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ssup<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>: i)<span class=\"_ _0\"></span> Al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>dime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> Inst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> var<span class=\"_ _0\"></span>i\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s; ii<span class=\"ls0\">) Al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> jur<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>sto v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Ins<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>finan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s </span>de<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e ou<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>pass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>; iii<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>Alte<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Inst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e o<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>s fl<span class=\"_ _0\"></span>ux<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ixa <span class=\"_ _0\"></span>fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s l\u00ed<span class=\"_ _0\"></span>quid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, uti<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>zan<span class=\"_ _0\"></span>do t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> mer<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>do d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nal <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o. Um <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 0<span class=\"_ _0\"></span>,50%<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ais s<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>lcu<span class=\"_ _0\"></span>lad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> jur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9sti<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>elo <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o te<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> nos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e \u20ac2<span class=\"_ _0\"></span>33<span class=\"_ _0\"></span>.3<span class=\"_ _0\"></span>33 (<span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>zem<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2021<span class=\"_ _0\"></span>: \u20ac1<span class=\"_ _0\"></span>06.<span class=\"_ _0\"></span>25<span class=\"_ _0\"></span>0<span class=\"ff1 lsd\">).<span class=\"ls0\"> </span></span>8.1.3.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Risco de liq<span class=\"_ _1\"></span>uidez </span>Pol\u00edtica de gest<span class=\"_ _1\"></span>\u00e3o do risco de liqui<span class=\"_ _1\"></span>dez<span class=\"_ _1\"></span> O Grupo gere o ri<span class=\"_ _0\"></span>sco de liquidez por duas vias:  i.<span class=\"ffb ls0\"> <span class=\"_ _2c\"> </span><span class=\"ff1\">garantindo que a sua d\u00edvida financeira tem uma compon<span class=\"_ _0\"></span>ente elevada de m\u00e9d<span class=\"_ _0\"></span>io e longo prazo com </span></span>maturidades adequadas \u00e0s c<span class=\"_ _0\"></span>aracter\u00edsticas das ind\u00fastrias <span class=\"_ _0\"></span>onde exerce a sua atividade, e ii.<span class=\"ffb ls0\"> <span class=\"_ _9c\"> </span><span class=\"ff1\">atrav\u00e9s da contrata\u00e7\u00e3o com <span class=\"_ _0\"></span>institui\u00e7\u00f5es financeiras de<span class=\"_ _0\"></span> linhas de cr\u00e9dito dispon\u00edveis a todo o momento, </span></span>por um montante que gar<span class=\"_ _0\"></span>anta uma liquidez adeq<span class=\"_ _0\"></span>uada. Cr\u00e9ditos dispon\u00edveis e n\u00e3o utili<span class=\"_ _0\"></span>zados<span class=\"ff3\"> </span>O Grupo tem por pol\u00ed<span class=\"_ _0\"></span>tica manter linhas de cr\u00e9dito e<span class=\"_ _0\"></span>m n\u00edveis adequados para, juntame<span class=\"_ _0\"></span>nte com o montante de Caixa e Equivalentes de for<span class=\"_ _0\"></span>ma a garantir, com alguma <span class=\"_ _0\"></span>margem de conforto, o ciclo d<span class=\"_ _0\"></span>e tesouraria previsto para os pr\u00f3ximos 12 meses.  Maturidade contratual dos passivos financeiros  (fluxos n\u00e3o descontados, incluindo juros) <span class=\"_ _9d\"> </span> Valores em Euros<span class=\"_ _1\"></span>  -1 m\u00eas   1-3 meses <span class=\"_ _0\"></span>  3-12 mes<span class=\"_ _0\"></span>es   1-5 anos   + de 5 anos<span class=\"_ _0\"></span>  <span class=\"fce sc0\"> </span> Total  A 31 de dezembr<span class=\"_ _1\"></span>o de 2022<span class=\"_ _1\"></span> Passivos Financiamentos<span class=\"_ _1\"></span> obtidos (Nota 5.7<span class=\"_ _1\"></span>) Empr\u00e9stimos por <span class=\"_ _1\"></span>obriga\u00e7\u00f5es<span class=\"_ _1\"></span> 420<span class=\"ls0\">.</span>000 <span class=\"ls0\"> </span>10<span class=\"ls0\">.</span>257<span class=\"ls0\">.500  </span>19<span class=\"ls0\">.</span>942<span class=\"ls0\">.100  </span>341<span class=\"ls0\">.</span>457<span class=\"ls0\">.650  </span>101<span class=\"ls0\">.</span>310<span class=\"ls0\">.000  </span>473<span class=\"ls0\">.</span>387<span class=\"ls0\">.250  </span>Papel comercial<span class=\"_ _1\"></span> -  35<span class=\"ls0\">.</span>994<span class=\"ls0\">.000  </span>745<span class=\"ls0\">.</span>500 <span class=\"ls0\"> </span>107<span class=\"ls0\">.</span>733<span class=\"ls0\">.500  </span>-  144<span class=\"ls0\">.</span>473<span class=\"ls0\">.000  </span>Empr\u00e9stimos ban<span class=\"_ _1\"></span>c\u00e1rios<span class=\"_ _1\"></span> -  5.<span class=\"ls24\">150</span>.218  21<span class=\"ls0\">.</span>558<span class=\"ls0\">.721  </span>100<span class=\"ls0\">.</span>824<span class=\"ls0\">.499  </span>25<span class=\"ls0\">.</span>127<span class=\"ls0\">.815  </span>152<span class=\"ls0\">.</span>661<span class=\"ls0\">.253  </span>Passivos de loca<span class=\"_ _1\"></span>\u00e7\u00e3o (Nota 5.8)<span class=\"_ _1\"></span> -  -  -  -  -  -  Instrumentos finance<span class=\"_ _1\"></span>iros derivado<span class=\"_ _1\"></span>s  -  (1<span class=\"ls0\">.<span class=\"ls24\">027</span>.675)<span class=\"_ _1\"></span> </span>(5<span class=\"ls0\">.<span class=\"ls24\">685</span>.408)<span class=\"_ _1\"></span> </span>(24.<span class=\"ls24\">583</span>.272) (652.775) (31.<span class=\"ls24\">949</span>.130) (Nota 8.2) Outros valores a pa<span class=\"_ _1\"></span>gar -  -  -  -  -  -  Total passivos<span class=\"_ _1\"></span> 420<span class=\"ls0\">.000 <span class=\"_ _1\"></span> </span>50<span class=\"ls0\">.</span>374<span class=\"_ _1\"></span><span class=\"ls0\">.043  </span>40<span class=\"ls0\">.</span>660<span class=\"ls0\">.<span class=\"_ _1\"></span>815  </span>554<span class=\"ls0\">.310.1<span class=\"_ _1\"></span>34  </span>131<span class=\"ls0\">.416.8<span class=\"_ _1\"></span>93  </span>777<span class=\"ls0\">.181.8<span class=\"_ _1\"></span>86  </span>Dos quais juro<span class=\"_ _1\"></span>s  41<span class=\"ls0\">.</span>739<span class=\"_ _1\"></span><span class=\"ls0\">.698  </span>(\u00e0s taxas em vig<span class=\"_ _1\"></span>or \u00e0 data)<span class=\"_ _1\"></span> Valores em Euros<span class=\"_ _1\"></span>  -1 m\u00eas   1-3 meses <span class=\"_ _0\"></span>  3-12 mes<span class=\"_ _0\"></span>es   1-5 anos   + de 5 anos<span class=\"_ _0\"></span>  <span class=\"fce sc0\"> </span> Total  A 31 de dezembr<span class=\"_ _1\"></span>o de 2021<span class=\"_ _1\"></span> Passivos Financiamentos<span class=\"_ _1\"></span> obtidos (Nota 5.7<span class=\"_ _1\"></span>) Empr\u00e9stimos por <span class=\"_ _1\"></span>obriga\u00e7\u00f5es<span class=\"_ _1\"></span> 420<span class=\"ls0\">.</span>000 <span class=\"ls0\"> </span>2.<span class=\"ls24\">197</span>.750  6.<span class=\"ls24\">495</span>.875  457<span class=\"ls0\">.</span>660<span class=\"ls0\">.500  </span>-  466<span class=\"ls0\">.</span>774<span class=\"ls0\">.125  </span>Papel comercial<span class=\"_ _1\"></span> 65<span class=\"ls0\">.</span>130<span class=\"ls0\">.000  </span>36<span class=\"ls0\">.</span>242<span class=\"ls0\">.500  </span>994<span class=\"ls0\">.</span>000 <span class=\"ls0\"> </span>144<span class=\"ls0\">.</span>224<span class=\"ls0\">.500  </span>-  246<span class=\"ls0\">.</span>591<span class=\"ls0\">.000  </span>Empr\u00e9stimos ban<span class=\"_ _1\"></span>c\u00e1rios<span class=\"_ _1\"></span> -  552<span class=\"ls0\">.</span>000 <span class=\"ls0\"> </span>13<span class=\"ls0\">.</span>495<span class=\"ls0\">.740  </span>80<span class=\"ls0\">.</span>570<span class=\"ls0\">.487  </span>33<span class=\"ls0\">.</span>462<span class=\"ls0\">.507  </span>128<span class=\"ls0\">.</span>080<span class=\"ls0\">.734  </span>Passivos de loca<span class=\"_ _1\"></span>\u00e7\u00e3o (Nota 5.8)<span class=\"_ _1\"></span> -  -  -  -  -  -  Instrumentos finance<span class=\"_ _1\"></span>iros derivado<span class=\"_ _1\"></span>s  -  1.<span class=\"ls24\">185</span>.597  1.<span class=\"ls24\">259</span>.307  323<span class=\"ls0\">.</span>238 <span class=\"ls0\"> </span>-  2.<span class=\"ls24\">768</span>.142  (Nota 8.2) Outros valores a pa<span class=\"_ _1\"></span>gar -  -  -  -  -  -  Total passivos<span class=\"_ _1\"></span> 65<span class=\"ls0\">.</span>550<span class=\"ls0\">.<span class=\"_ _1\"></span>000  </span>40<span class=\"ls0\">.</span>177<span class=\"_ _1\"></span><span class=\"ls0\">.847  </span>26<span class=\"ls0\">.</span>344<span class=\"ls0\">.<span class=\"_ _1\"></span>824  </span>711<span class=\"ls0\">.656.4<span class=\"_ _1\"></span>82  </span>39<span class=\"ls0\">.</span>094<span class=\"ls0\">.<span class=\"_ _1\"></span>360  </span>882<span class=\"ls0\">.823.5<span class=\"_ _1\"></span>14  </span>Dos quais juro<span class=\"_ _1\"></span>s  37<span class=\"ls0\">.</span>408<span class=\"_ _1\"></span><span class=\"ls0\">.448  </span>(\u00e0s taxas em vig<span class=\"_ _1\"></span>or \u00e0 data)<span class=\"_ _1\"></span> O q<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>d\u00ed<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>mit<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a e <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>\u00edvi<span class=\"_ _0\"></span>da d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ngo<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>mbol<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> ir<span class=\"_ _0\"></span>\u00e1 r<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span> d\u00ed<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span><span class=\"ls16\">3 <span class=\"ls0\">(Li<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>dito<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>on\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> </span></span>n\u00e3o<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span><span class=\"lsd\">).<span class=\"ls0\"> </span></span>A <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntra<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>dos f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span> o c<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> cov<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>s<span class=\"ff7\"> <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>orme<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>etal<span class=\"_ _0\"></span>had<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> No<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> 5.<span class=\"_ _0\"></span>7 <span class=\"_ _0\"></span><span class=\"ff15\">\u2013<span class=\"ff7\"> Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os o<span class=\"_ _0\"></span>bti<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s. </span></span></span>Linhas de cr\u00e9dito dispon\u00edveis e n\u00e3o utilizadas Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Linhas de cr\u00e9dit<span class=\"_ _1\"></span>o n\u00e3o utilizadas<span class=\"_ _1\"></span> Papel comercial (<span class=\"_ _1\"></span>com tomada f<span class=\"_ _1\"></span>irme de longo praz<span class=\"_ _1\"></span>o) 190<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>125<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>Financiamentos<span class=\"_ _1\"></span> de longo prazo co<span class=\"_ _1\"></span>ntratados e n\u00e3o dese<span class=\"_ _1\"></span>mbolsados<span class=\"_ _1\"></span> -  -  Outras linhas de cr\u00e9d<span class=\"_ _1\"></span>ito 20<span class=\"ls0\">.</span>450<span class=\"ls0\">.714  </span>20<span class=\"ls0\">.</span>450<span class=\"ls0\">.714  </span>210<span class=\"ls0\">.450.7<span class=\"_ _1\"></span>14  </span>145<span class=\"ls0\">.450.7<span class=\"_ _1\"></span>14  </span>Papel comercial ut<span class=\"_ _1\"></span>ilizado (Nota<span class=\"_ _1\"></span> 5.7) 140<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>240<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>Outras linhas de cr\u00e9d<span class=\"_ _1\"></span>ito utilizada<span class=\"_ _1\"></span>s 588<span class=\"ls0\">.</span>781<span class=\"ls0\">.805  </span>605<span class=\"ls0\">.</span>415<span class=\"ls0\">.068  </span>Linhas de cr\u00e9d<span class=\"_ _1\"></span>ito contratadas <span class=\"_ _1\"></span>(valor nominal)<span class=\"_ _1\"></span> 939<span class=\"ls0\">.232.5<span class=\"_ _1\"></span>19  </span>990<span class=\"ls0\">.865.7<span class=\"_ _1\"></span>82  </span>8.1.4.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Risco<span class=\"_ _1\"></span> de cr\u00e9dito<span class=\"_ _1\"></span> </span>Pol\u00edtica de gest<span class=\"_ _1\"></span>\u00e3o do risco d<span class=\"_ _1\"></span>e cr\u00e9dito O Grupo encontra-se sujei<span class=\"_ _0\"></span>to a risco de cr\u00e9dito sobr<span class=\"_ _0\"></span>e os saldos a receber dos Clientes e a outros deved<span class=\"_ _0\"></span>ores, tendo adotado uma pol\u00edtica de<span class=\"_ _0\"></span> gest\u00e3o de cobertura de risco dentr<span class=\"_ _0\"></span>o de determinados n\u00edve<span class=\"_ _0\"></span>is atrav\u00e9s de seguros de cr\u00e9dito com uma entidade indepe<span class=\"_ _0\"></span>ndentes especializada.  O Grupo adotou uma pol\u00ed<span class=\"_ _0\"></span>tica de seguro de cr\u00e9d<span class=\"_ _0\"></span>ito para a generalidade dos saldos a re<span class=\"_ _0\"></span>ceber de Clientes, com uma franquia de 5%. Desta for<span class=\"_ _0\"></span>ma considera-se que a exposi\u00e7\u00e3o efeti<span class=\"_ _0\"></span>va do Grupo ao risco d<span class=\"_ _0\"></span>e cr\u00e9dito se encontra mitigada a n\u00edveis aceit\u00e1veis relativame<span class=\"_ _0\"></span>nte \u00e0s vendas. A maiori<span class=\"_ _0\"></span>a das vendas que n\u00e3o est\u00e3o ab<span class=\"_ _0\"></span>rangidas por um seguro d<span class=\"_ _0\"></span>e cr\u00e9dito s\u00e3o cobertas por<span class=\"_ _0\"></span> garantias banc\u00e1rias, cartas de c<span class=\"_ _0\"></span>r\u00e9dito, cr\u00e9ditos d<span class=\"_ _0\"></span>ocument\u00e1rios ou acordos de reserva de propriedade (<span class=\"ff7\">re<span class=\"_ _0\"></span>tention of title<span class=\"ff1\">), sendo que qualque<span class=\"_ _0\"></span>r exposi\u00e7\u00e3o n\u00e3o coberta se encontra de<span class=\"_ _0\"></span>ntro de limites previamente<span class=\"_ _0\"></span> </span></span>aprovados pela Comiss\u00e3o Ex<span class=\"_ _0\"></span>ecutiva. No entanto, o agravamen<span class=\"_ _0\"></span>to das condi\u00e7\u00f5es econ\u00f3mi<span class=\"_ _0\"></span>cas globais ou adversi<span class=\"_ _0\"></span>dades que afetem apenas as economi<span class=\"_ _0\"></span>as a uma escala local pode originar uma de<span class=\"_ _0\"></span>teriora\u00e7\u00e3o na capacid<span class=\"_ _0\"></span>ade dos Clientes do Grupo em sal<span class=\"_ _0\"></span>dar as suas obriga\u00e7\u00f5es, levando a que as entidades <span class=\"_ _0\"></span>que prestam o seguro d<span class=\"_ _0\"></span>e cr\u00e9dito diminuam significativamente<span class=\"_ _0\"></span> o montante das linhas que<span class=\"_ _0\"></span> disponibilizam para esses Clientes, o que p<span class=\"_ _0\"></span>ode resultar em limita\u00e7\u00f5e<span class=\"_ _0\"></span>s nos montantes que se consegue<span class=\"_ _0\"></span>m vender a alguns Clientes do Grupo, sem i<span class=\"_ _0\"></span>ncorrer diretamente em n\u00edve<span class=\"_ _0\"></span>is de risco de cr\u00e9dito enquadr\u00e1veis na pol<span class=\"_ _0\"></span>\u00edtica de risco nesta \u00e1rea. Equivalentes de cai<span class=\"_ _0\"></span>xa O Grupo tem uma pol\u00edtica rig<span class=\"_ _0\"></span>orosa de aprova\u00e7\u00e3o das suas contrap<span class=\"_ _0\"></span>artes financeiras, li<span class=\"_ _0\"></span>mitando a sua exposi\u00e7\u00e3o de acordo com uma an\u00e1lise indi<span class=\"_ _0\"></span>vidual de risco e com p<span class=\"_ _0\"></span>lafonds previamente aprovados. Exposi\u00e7\u00e3o m\u00e1xima ao risco de cr\u00e9dito A e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>\u00e1xi<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sco <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivos <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>orre<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ao v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r l\u00edq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>do d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>smo<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nfo<span class=\"_ _0\"></span>rme<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 N\u00e3o correntes<span class=\"_ _1\"></span> Valores a receber (<span class=\"_ _1\"></span>Nota 4.2)<span class=\"_ _1\"></span> 25<span class=\"ls0\">.</span>282<span class=\"ls0\">.858  </span>8.<span class=\"ls24\">604</span>.547  Correntes Valores a receber (<span class=\"_ _1\"></span>Nota 4.2)<span class=\"_ _1\"></span> 499<span class=\"ls0\">.</span>143<span class=\"ls0\">.408  </span>317<span class=\"ls0\">.</span>882<span class=\"ls0\">.760  </span>Caixa e equiva<span class=\"_ _1\"></span>lentes de ca<span class=\"_ _1\"></span>ixa (Nota 5.9)<span class=\"_ _1\"></span> 343<span class=\"ls0\">.</span>083<span class=\"ls0\">.788  </span>239<span class=\"ls0\">.</span>171<span class=\"ls0\">.252  </span>867<span class=\"ls0\">.510.0<span class=\"_ _1\"></span>55  </span>565<span class=\"ls0\">.658.5<span class=\"_ _1\"></span>59  </span>Estrutura de antiguidade dos saldos de Clientes Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>os s<span class=\"_ _0\"></span>ald<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Cl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tav<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>igu<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade,<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo r<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>r\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alore<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> abe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es: Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 valores n\u00e3o venc<span class=\"_ _1\"></span>idos 300<span class=\"ls0\">.</span>633<span class=\"ls0\">.239  </span>208<span class=\"ls0\">.</span>051<span class=\"ls0\">.472  </span>de<span class=\"ls0\"> 1 a 90 dias<span class=\"_ _1\"></span> </span>40<span class=\"ls0\">.</span>593<span class=\"ls0\">.683  </span>2.<span class=\"ls24\">455</span>.066  de<span class=\"ls0\"> 91 a 180 d<span class=\"_ _1\"></span>ias </span>339<span class=\"ls0\">.</span>640 <span class=\"ls0\"> </span>199<span class=\"ls0\">.</span>088 <span class=\"ls0\"> </span>de 181 a 360 dias<span class=\"_ _1\"></span> 22<span class=\"ls0\">.</span>940 <span class=\"ls0\"> </span>83<span class=\"ls0\">.</span>457 <span class=\"ls0\"> </span>de 361a 540 d<span class=\"_ _1\"></span>ias 2.<span class=\"ls24\">224 </span> -  de 541 a 720 dias<span class=\"_ _1\"></span> 8.<span class=\"ls24\">507 </span> -  a mais de 721 d<span class=\"_ _1\"></span>ias 1.<span class=\"ls24\">226 </span> -  341<span class=\"ls0\">.601.4<span class=\"_ _1\"></span>58  </span>210<span class=\"ls0\">.789.0<span class=\"_ _1\"></span>83  </span>Saldos considerado<span class=\"_ _1\"></span>s em imparidad<span class=\"_ _1\"></span>e 6.<span class=\"ls24\">621</span>.084  2.<span class=\"ls24\">173</span>.128  Imparidades (6<span class=\"ls0\">.<span class=\"ls24\">621</span>.084)<span class=\"_ _1\"></span> </span>(2 173.<span class=\"ls24\">128)</span> Saldo l\u00edquido d<span class=\"_ _1\"></span>e Clientes (No<span class=\"_ _1\"></span>ta 4.2)<span class=\"_ _1\"></span> 341<span class=\"ls0\">.601.4<span class=\"_ _1\"></span>58  </span>210<span class=\"ls0\">.789.0<span class=\"_ _1\"></span>83  </span>Valores a receber de <span class=\"_ _1\"></span>Clientes <span class=\"_ _1\"></span>cobertos por seguro<span class=\"_ _1\"></span> de cr\u00e9dito<span class=\"_ _1\"></span> 314<span class=\"ls0\">.</span>114<span class=\"ls0\">.794  </span>191<span class=\"ls0\">.</span>731<span class=\"ls0\">.227  </span>Valores a receber de <span class=\"_ _1\"></span>Clientes <span class=\"_ _1\"></span>cobertos por garant<span class=\"_ _1\"></span>ias banc\u00e1rias<span class=\"_ _1\"></span> 3.<span class=\"ls24\">133</span>.247  2.<span class=\"ls24\">761</span>.574  Valores a receber de <span class=\"_ _1\"></span>Clientes <span class=\"_ _1\"></span>cobertos por acord<span class=\"_ _1\"></span>os de reserva de pro<span class=\"_ _1\"></span>priedade<span class=\"_ _1\"></span> 12<span class=\"ls0\">.</span>271<span class=\"ls0\">.335  </span>5.<span class=\"ls24\">464</span>.991  Valores a receber de <span class=\"_ _1\"></span>Clientes <span class=\"_ _1\"></span>cobertos por cartas<span class=\"_ _1\"></span> de cr\u00e9dito / remess<span class=\"_ _1\"></span>as document\u00e1rias<span class=\"_ _45\"></span> 9.<span class=\"ls24\">310</span>.135  5.<span class=\"ls24\">765</span>.396  Valores a receb<span class=\"_ _1\"></span>er cobertos<span class=\"_ _1\"></span> 338<span class=\"ls0\">.829.5<span class=\"_ _1\"></span>11  </span>205<span class=\"ls0\">.723.1<span class=\"_ _1\"></span>88  </span>Linhas de segur<span class=\"_ _1\"></span>o de cr\u00e9dito di<span class=\"_ _1\"></span>spon\u00edveis n\u00e3o uti<span class=\"_ _1\"></span>lizadas 459<span class=\"ls0\">.</span>495<span class=\"ls0\">.787  </span>353<span class=\"ls0\">.</span>731<span class=\"ls0\">.395  </span>Linhas de cobe<span class=\"_ _1\"></span>rtura de cr\u00e9dito <span class=\"_ _1\"></span>contratadas<span class=\"_ _1\"></span> 798<span class=\"ls0\">.325.2<span class=\"_ _1\"></span>98  </span>559<span class=\"ls0\">.454.5<span class=\"_ _1\"></span>83  </span>Os <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>sent<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>pon<span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, f<span class=\"_ _0\"></span>ace<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>raz<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>.  Os <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rto<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pei<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>viam<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ela <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>s\u00e3o Exe<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> (<span class=\"ff9\">\u20ac<span class=\"_ _0\"></span>2.<span class=\"_ _0\"></span>771<span class=\"_ _0\"></span>.94<span class=\"_ _0\"></span>7<span class=\"ff1 lsd\">).<span class=\"ls0\"> </span></span></span>Ape<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> na <span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>alg<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>ce <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>azos<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> n\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ta,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cord<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> inf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhec<span class=\"_ _0\"></span>imen<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e si<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>arid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ara <span class=\"_ _0\"></span>al\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>espo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>. Est<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>gul<span class=\"_ _0\"></span>arme<span class=\"_ _3b\"></span>nte r<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>nida<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpor<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> Cl<span class=\"_ _0\"></span>ien<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>mit<span class=\"_ _0\"></span>e, e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>conj<span class=\"_ _0\"></span>uga<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia <span class=\"_ _0\"></span>reu<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a an\u00e1<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>jug<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>stro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>dito<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> ver<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>m,<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>\u00e0 s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>urad<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>def<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>hec<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>isti<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m g<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>anti<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>uma <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>igni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>aldos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>aber<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>, ju<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> ter<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>alqu<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> sa<span class=\"_ _0\"></span>ldo<span class=\"_ _0\"></span>s. R<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>risc<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>egu<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>bert<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>cati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ald<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>abe<span class=\"_ _0\"></span>rto<span class=\"_ _0\"></span>. A a<span class=\"_ _0\"></span>n\u00e1l<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>teir<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sald<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>n\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s \u00e1<span class=\"_ _0\"></span>reas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>\u00f3cio<span class=\"_ _0\"></span> ana<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>sav<span class=\"_ _0\"></span>a-s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>como<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ue: A 31 de dezembr<span class=\"_ _1\"></span>o de 2022<span class=\"_ _1\"></span><span class=\"fc5\"> </span>Pasta  Papel  Papel  Valores em Euros<span class=\"_ _1\"></span> Mercado UWF Tissue<span class=\"ff3\"> </span>Energia Suporte Total valores n\u00e3o venc<span class=\"_ _1\"></span>idos 18<span class=\"ls0\">.</span>354<span class=\"ls0\">.214  </span>205<span class=\"ls0\">.</span>260<span class=\"ls0\">.083  </span>41<span class=\"ls0\">.</span>107<span class=\"ls0\">.860  </span>23<span class=\"ls0\">.</span>335<span class=\"ls0\">.066  </span>12<span class=\"ls0\">.</span>576<span class=\"ls0\">.016  </span>300<span class=\"ls0\">.</span>633<span class=\"ls0\">.239  </span>de<span class=\"ls0\"> 1 a 90 dias<span class=\"_ _1\"></span> </span>578<span class=\"ls0\">.</span>572 <span class=\"ls0\"> </span>35<span class=\"ls0\">.</span>168<span class=\"ls0\">.534  </span>3.<span class=\"ls24\">229</span>.499  124<span class=\"ls0\">.</span>008 <span class=\"ls0\"> </span>1.<span class=\"ls24\">493</span>.070  40<span class=\"ls0\">.</span>593<span class=\"ls0\">.683  </span>de<span class=\"ls0\"> 91 a 180 d<span class=\"_ _1\"></span>ias </span>7.<span class=\"ls24\">275 </span> -  42<span class=\"ls0\">.</span>050 <span class=\"ls0\"> </span>-  290<span class=\"ls0\">.</span>315 <span class=\"ls0\"> </span>339<span class=\"ls0\">.</span>640 <span class=\"ls0\"> </span>de 181 a 360 dias<span class=\"_ _1\"></span> -  -  9.<span class=\"ls24\">449 </span> -  13<span class=\"ls0\">.</span>490 <span class=\"ls0\"> </span>22<span class=\"ls0\">.</span>939 <span class=\"ls0\"> </span>de 361a 540 d<span class=\"_ _1\"></span>ias -  -  2.<span class=\"ls24\">224 </span> -  -  2.<span class=\"ls24\">224 </span> de 541 a 720 dias<span class=\"_ _1\"></span> -  -  8.<span class=\"ls24\">507 </span> -  -  8.<span class=\"ls24\">507 </span> a mais de 721 d<span class=\"_ _1\"></span>ias -  -  1.<span class=\"ls24\">226 </span> -  -  1.<span class=\"ls24\">226 </span> 18<span class=\"ls0\">.</span>940<span class=\"ls0\">.<span class=\"_ _1\"></span>061  </span>240<span class=\"ls0\">.428.6<span class=\"_ _1\"></span>17  </span>44<span class=\"ls0\">.</span>400<span class=\"ls0\">.<span class=\"_ _1\"></span>815  </span>23<span class=\"ls0\">.</span>459<span class=\"ls0\">.<span class=\"_ _1\"></span>074  </span>14<span class=\"ls0\">.</span>372<span class=\"ls0\">.<span class=\"_ _1\"></span>891  </span>341<span class=\"ls0\">.601.4<span class=\"_ _1\"></span>58  </span>A 31 de dezembr<span class=\"_ _1\"></span>o de 2021<span class=\"_ _1\"></span> Pasta  Papel  Papel  Valores em Euros<span class=\"_ _1\"></span> Mercado UWF Tissue<span class=\"ff3\"> </span>Energia Suporte Total valores n\u00e3o venc<span class=\"_ _1\"></span>idos 27<span class=\"ls0\">.</span>781<span class=\"ls0\">.181  </span>145<span class=\"ls0\">.</span>229<span class=\"ls0\">.659  </span>29<span class=\"ls0\">.</span>844<span class=\"ls0\">.012  </span>791<span class=\"ls0\">.</span>242 <span class=\"ls0\"> </span>4.<span class=\"ls24\">405</span>.378  208<span class=\"ls0\">.</span>051<span class=\"ls0\">.472  </span>de<span class=\"ls0\"> 1 a 90 dias<span class=\"_ _1\"></span> </span>-  -  1.<span class=\"ls24\">127</span>.754  -  1.<span class=\"ls24\">327</span>.312  2.<span class=\"ls24\">455</span>.066  de<span class=\"ls0\"> 91 a 180 d<span class=\"_ _1\"></span>ias </span>-  -  96<span class=\"ls0\">.</span>945 <span class=\"ls0\"> </span>-  102<span class=\"ls0\">.</span>143 <span class=\"ls0\"> </span>199<span class=\"ls0\">.</span>088 <span class=\"ls0\"> </span>de 181 a 360 dias<span class=\"_ _1\"></span> -  -  45<span class=\"ls0\">.</span>744 <span class=\"ls0\"> </span>-  37<span class=\"ls0\">.</span>713 <span class=\"ls0\"> </span>83<span class=\"ls0\">.</span>457 <span class=\"ls0\"> </span>de 361a 540 d<span class=\"_ _1\"></span>ias -  -  -  -  -  -  de 541 a 720 dias<span class=\"_ _1\"></span> -  -  -  -  -  -  a mais de 721 d<span class=\"_ _1\"></span>ias -  -  -  -  -  -  27<span class=\"ls0\">.</span>781<span class=\"ls0\">.<span class=\"_ _1\"></span>181  </span>145<span class=\"ls0\">.229.6<span class=\"_ _1\"></span>59  </span>31<span class=\"ls0\">.</span>114<span class=\"ls0\">.<span class=\"_ _1\"></span>455  </span>791<span class=\"ls0\">.242 <span class=\"_ _1\"></span> </span>5.872.<span class=\"ls2b\">546 <span class=\"_ _1\"></span></span> 210<span class=\"ls0\">.789.0<span class=\"_ _1\"></span>83  </span>Imparidade de Clientes e outros devedores Imparidades<span class=\"_ _1\"></span> Valores em EurosClientes Outros dev<span class=\"_ _0\"></span>edores Total Saldo em 1 de janeir<span class=\"_ _1\"></span>o de 2021<span class=\"_ _1\"></span> (1<span class=\"ls0\">.984.970) </span>(231.262) (2<span class=\"ls0\">.216.232) </span>Refor\u00e7o - Impa<span class=\"_ _1\"></span>cto da IFRS 9 em <span class=\"_ _1\"></span>resultados d<span class=\"_ _1\"></span>o per\u00edodo<span class=\"_ _1\"></span> 123<span class=\"ls0\">.</span>146 - 123<span class=\"ls0\">.</span>146 Refor\u00e7o (Nota 2.3)<span class=\"_ _1\"></span> (404.476) (3<span class=\"ls0\">.762)<span class=\"_ _1\"></span> </span>(408.238) Revers\u00f5es 77<span class=\"ls0\">.</span>603 - 77<span class=\"ls0\">.</span>603 Utiliza\u00e7\u00f5es 15<span class=\"ls0\">.</span>568 15<span class=\"ls0\">.</span>568 Saldo em 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2021 (2<span class=\"ls0\">.173.129) </span>(235.024) (2<span class=\"ls0\">.408.153) </span>Refor\u00e7o - Impa<span class=\"_ _1\"></span>cto da IFRS 9 em <span class=\"_ _1\"></span>resultados d<span class=\"_ _1\"></span>o per\u00edodo<span class=\"_ _1\"></span> (1<span class=\"ls0\">.<span class=\"ls24\">171</span>.788)<span class=\"_ _1\"></span> </span>-(1<span class=\"ls0\">.<span class=\"ls24\">171</span>.788)</span>Refor\u00e7o (Nota 2.3)<span class=\"_ _1\"></span> (3<span class=\"ls0\">.<span class=\"ls24\">277</span>.947)<span class=\"_ _1\"></span> </span>(45.116) (3<span class=\"ls0\">.<span class=\"ls24\">323</span>.063)</span>Revers\u00f5es 101<span class=\"ls0\">.</span>523 1.<span class=\"ls24\">283 </span>102<span class=\"ls0\">.</span>806 Utiliza\u00e7\u00f5es (99.743) (4<span class=\"ls0\">.885)<span class=\"_ _1\"></span> </span>(104.628) Saldo em 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2022 (6<span class=\"ls0\">.621.084) </span>(283.742) (6<span class=\"ls0\">.904.826) </span>A t<span class=\"_ _0\"></span>abe<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>apre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>isco<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>r\u00e9d<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 31<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1, <span class=\"_ _0\"></span>fac<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>finan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os (<span class=\"_ _0\"></span>Cai<span class=\"_ _0\"></span>xa<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>equ<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ale<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>(Ma<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr\u00e9<span class=\"_ _0\"></span>dito<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>r\u00eas<span class=\"_ _0\"></span> ag<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cias<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng,<span class=\"_ _0\"></span> <span class=\"ff9\">St<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>ard<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>d <span class=\"_ _0\"></span>Poo<span class=\"_ _0\"></span>r\u2019s,<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>tc<span class=\"_ _0\"></span>h o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>Moo<span class=\"_ _0\"></span>dy\u2019<span class=\"_ _0\"></span>s<span class=\"ff7\">)<span class=\"ff1 lsd\">: <span class=\"ls0\"> </span></span></span></span>Institui\u00e7\u00f5es Fi<span class=\"_ _1\"></span>nanceiras<span class=\"_ _1\"></span> Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Rating AA<span class=\"ls0\"> </span>6.<span class=\"ls24\">231</span>.679 9.<span class=\"ls24\">801</span>.253 AA<span class=\"ls0\">- </span>74<span class=\"ls0\">.</span>995<span class=\"ls0\">.499 </span>- A+<span class=\"ls0\"> </span>122 316.040 84<span class=\"ls0\">.</span>976<span class=\"ls0\">.652 </span>A 476<span class=\"ls0\">.</span>414 6.<span class=\"ls24\">609</span>.078 A- 83<span class=\"ls0\">.</span>063<span class=\"ls0\">.488 </span>61<span class=\"ls0\">.</span>586<span class=\"ls0\">.886 </span>BBB+<span class=\"ls0\"> </span>- - BBB<span class=\"ls0\"> </span>51<span class=\"ls0\">.</span>917<span class=\"ls0\">.908 </span>73<span class=\"ls0\">.</span>253<span class=\"ls0\">.991 </span>BBB<span class=\"ls0\">- </span>- - BB+<span class=\"ls0\"> </span>186<span class=\"ls0\">.</span>584 60<span class=\"ls0\">.</span>468 BB - 108<span class=\"ls0\">.</span>006 BB<span class=\"ls0\">- </span>899<span class=\"ls0\">.</span>601 - B+<span class=\"ls0\"> </span>- - B - 179<span class=\"ls0\">.</span>662 B- - - Outros 2.<span class=\"ls24\">996</span>.574 2.<span class=\"ls24\">595</span>.255 343<span class=\"ls0\">.083.7<span class=\"_ _1\"></span>88 </span>239<span class=\"ls0\">.171.2<span class=\"_ _1\"></span>52 </span>Os <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> \u201cOu<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>\u201d inc<span class=\"_ _0\"></span>lue<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>\u00f3si<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ba<span class=\"_ _0\"></span>nc\u00e1<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ban<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u <span class=\"ff1\">e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>m n<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> </span>de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>atin<span class=\"_ _0\"></span>g, <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>adame<span class=\"_ _3b\"></span>nte <span class=\"_ _0\"></span>banc<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>cais<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Mo\u00e7<span class=\"_ _0\"></span>ambi<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ucu<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ange<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span>s. O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> tem<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>pol<span class=\"_ _0\"></span>\u00edti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>rigo<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>as c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rap<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s, l<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a sua<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xpo<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ord<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a an<span class=\"_ _0\"></span>\u00e1l<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>div<span class=\"_ _0\"></span>idu<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> <span class=\"ff7\">pl<span class=\"_ _0\"></span>afo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s<span class=\"ff1\"> pr<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>iame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e </span></span>apr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s. Pol\u00edticas Contabil\u00edsticas Imp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>alia<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>osp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>\u00e9dit<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>os s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e a<span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rdo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> IFR<span class=\"_ _0\"></span>S <span class=\"_ _0\"></span>9. Ne<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhec<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span><span class=\"ff7\">ex<span class=\"_ _0\"></span>pec<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span> los<span class=\"_ _0\"></span>ses<span class=\"ff1\">)<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> </span></span>lo<span class=\"_ _0\"></span>ngo<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>o ob<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>lia<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>num<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>base<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vidu<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> ou <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>let<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>a, t<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rma\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>sus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s, i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lui<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ospe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>pon\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>. Se,<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>risc<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>inst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> ti<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span> aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>nifi<span class=\"_ _0\"></span>cat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nici<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o me<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>impa<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>se i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>trum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> fina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ntia<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>quiv<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> \u00e0<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>to es<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s. A IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>v\u00ea<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>o c\u00e1<span class=\"_ _0\"></span>lcu<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>seja<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>iliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>doi<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>odel<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span><span class=\"lsd\">: </span>m\u00e9<span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>3 <span class=\"_ _0\"></span>fas<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> us<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>riz<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>compo<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>st\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>u n<span class=\"_ _0\"></span>\u00e3o de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nifi<span class=\"_ _0\"></span>cat<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>. N<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>caso<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ncei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r,<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>esma<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tui\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceira<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nham<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>nifi<span class=\"_ _0\"></span>cat<span class=\"_ _0\"></span>iva <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>pto<span class=\"_ _0\"></span>u-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>riz.<span class=\"_ _0\"></span> O m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ordo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span>\u00e9 c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ue: i.<span class=\"_ _a9\"> </span><span class=\"ls0\">Ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>otal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> a c<span class=\"_ _0\"></span>r\u00e9<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>dur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> \u00fal<span class=\"_ _0\"></span>timo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>12</span>me<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>im <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>o mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>duv<span class=\"_ _0\"></span>idos<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>hes<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>cia;ii.<span class=\"_ _a9\"> </span><span class=\"ls0\">Ap<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> Cl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>finid<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>erv<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>iod<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e</span>re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>;iii<span class=\"_ _0\"></span>.<span class=\"_ _af\"> </span>Com<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m I.<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> II.<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>a, e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rob<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff7\">de<span class=\"_ _0\"></span>fau<span class=\"_ _0\"></span>lt<span class=\"ff1\"> <span class=\"_ _0\"></span>(o<span class=\"_ _0\"></span>u se<span class=\"_ _0\"></span>j<span class=\"_ _0\"></span>a, o<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ante</span></span>de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>bra<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>uvid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>pur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m I.<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>saldo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>vend<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>to e<span class=\"_ _0\"></span>mcad<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>alc<span class=\"_ _0\"></span>ulad<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m I<span class=\"_ _0\"></span>I.<span class=\"lsd\">);</span>iv<span class=\"_ _0\"></span>.<span class=\"_ _af\"> </span>Aju<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntag<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>btid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> III.<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>uras<span class=\"_ _0\"></span>;v.<span class=\"_ _af\"> </span><span class=\"ls0\">Apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tag<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"ff7\">de<span class=\"_ _0\"></span>fa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t<span class=\"ff1\"> c<span class=\"_ _0\"></span>onf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>calc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s em<span class=\"_ _0\"></span> IV. <span class=\"_ _3b\"></span>aos s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Clie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s</span></span></span>ain<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>.Ape<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>IFRS<span class=\"_ _0\"></span> 9 <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>umi<span class=\"_ _0\"></span>r 90<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo <span class=\"_ _0\"></span>\u201c<span class=\"ff7\">d<span class=\"_ _0\"></span>efa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t<span class=\"ff9\">\u201d,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o N<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> 180 <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> </span></span>po<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xpe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>\u00eanci<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>este<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>raz<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span><span class=\"ls12\">\u00e9 <span class=\"ls0\">redu<span class=\"_ _0\"></span>zid<span class=\"_ _0\"></span>a,<span class=\"_ _0\"></span> al\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>r al<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>had<span class=\"_ _0\"></span>o </span></span>com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>pol<span class=\"_ _0\"></span>\u00edti<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>nome<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> diz<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>trat<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpo<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ament<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e0 l<span class=\"_ _0\"></span>uz<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _0\"></span>5.<span class=\"_ _0\"></span> Ad<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>onal<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>vali<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> o i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> 18<span class=\"_ _0\"></span><span class=\"ff9\">0 d<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u201c<span class=\"ff7\">d<span class=\"_ _0\"></span>efa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t<span class=\"ff9\">\u201d <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>det<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 90 d<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>\u201c<span class=\"ff7\">Ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>cte<span class=\"_ _0\"></span>d <span class=\"_ _0\"></span>Credi<span class=\"_ _0\"></span>t <span class=\"_ _0\"></span>Loss<span class=\"_ _0\"></span><span class=\"ff9\">\u201d n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> </span></span></span></span></span>alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>cat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>. Al\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>odel<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ela <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>caso<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e si<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ora <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>atad<span class=\"_ _0\"></span>a,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 5%<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span><span class=\"ls93\">10%<span class=\"ls0\"> <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a C<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>naci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais)<span class=\"_ _0\"></span>. </span></span>Fac<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u00e0 s<span class=\"_ _0\"></span>itu<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>do c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>fli<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>mili<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r n<span class=\"_ _0\"></span>a U<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>\u00e2nia<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>isco<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e cr<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, con<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>n\u00f3m<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>o-f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>mac<span class=\"_ _0\"></span>roe<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n\u00f3mi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>. Ne<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>refe<span class=\"_ _0\"></span>r\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de d<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, <span class=\"_ _0\"></span>foi<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>r\u00e7a<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> o v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de re<span class=\"_ _0\"></span>cup<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>abili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> \u20ac1<span class=\"_ _0\"></span>.17<span class=\"_ _0\"></span>1.78<span class=\"_ _0\"></span>8<span class=\"ff1\"> <span class=\"_ _0\"></span><span class=\"lsd\">(31<span class=\"ls0\"> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>zem<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>021<span class=\"lsd\">: </span><span class=\"ff9\">r<span class=\"_ _0\"></span>edu<span class=\"_ _0\"></span>zid<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m \u20ac<span class=\"_ _0\"></span>12<span class=\"_ _0\"></span>3.1<span class=\"_ _0\"></span>46<span class=\"_ _0\"></span><span class=\"ff1 lsd\">).<span class=\"ls0\"> </span></span></span></span></span></span>Al\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>so,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhece<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>casu<span class=\"_ _0\"></span>\u00edst<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s es<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c\u00edfi<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ev<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>sado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>ec\u00ed<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>onta<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> hi<span class=\"_ _0\"></span>st\u00f3<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>as con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>apa<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>es,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>u pe<span class=\"_ _0\"></span>rfi<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ros <span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>v\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ir <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>iste<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dica<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> obj<span class=\"_ _3b\"></span>etivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de i<span class=\"_ _0\"></span>mpar<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>inan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span><span class=\"ls10\">. <span class=\"ls0\">O Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>za <span class=\"_ _0\"></span>o </span></span>pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>anu<span class=\"_ _0\"></span>la\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>(<span class=\"ff7\">wr<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>-o<span class=\"_ _0\"></span>ff<span class=\"ff1\">)<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rado<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nit<span class=\"_ _0\"></span>ivam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te </span></span>in<span class=\"_ _0\"></span>cobr<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>, po<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>unal<span class=\"_ _3b\"></span>.<span class=\"_ _1\"></span> 8.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>dos </span></span>Movimentos em instrumentos financeiros derivados 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span> Derivados de  Derivados  Total  Derivados de  Derivados  Total Valores em Euros<span class=\"_ _1\"></span> negocia\u00e7\u00e3o de cobertura l\u00edquido negocia\u00e7\u00e3o de cobertura l\u00edquido Saldo no in\u00edcio do p<span class=\"_ _1\"></span>er\u00edodo<span class=\"_ _1\"></span> (1<span class=\"ls0\">.728.458) </span>(4<span class=\"ls0\">.771.149) </span>(6<span class=\"ls0\">.499.606) </span>3.160.<span class=\"ls2b\">131 </span>(5<span class=\"ls0\">.336.693) </span>(2<span class=\"ls0\">.176.561) </span>Novos contratos / <span class=\"_ _1\"></span>liquida\u00e7\u00f5es<span class=\"_ _1\"></span> 2.<span class=\"ls24\">911</span>.822 (1<span class=\"ls0\">.<span class=\"ls24\">409</span>.252)<span class=\"_ _1\"></span> </span>1.<span class=\"ls24\">502</span>.569 (623.573)<span class=\"_ _1\"></span> 2.<span class=\"ls24\">326</span>.437 1.<span class=\"ls24\">702</span>.864 Varia\u00e7\u00e3o de just<span class=\"_ _1\"></span>o valor em (4<span class=\"ls0\">.<span class=\"ls24\">289</span>.597)<span class=\"_ _1\"></span> </span>(1<span class=\"ls0\">.<span class=\"ls24\">504</span>.772)<span class=\"_ _1\"></span> </span>(5<span class=\"ls0\">.<span class=\"ls24\">794</span>.369)<span class=\"_ _1\"></span> </span>(4<span class=\"ls0\">.<span class=\"ls24\">265</span>.016)<span class=\"_ _1\"></span> </span>(3<span class=\"ls0\">.<span class=\"ls24\">191</span>.640)<span class=\"_ _1\"></span> </span>(7<span class=\"ls0\">.<span class=\"ls24\">456</span>.656)<span class=\"_ _1\"></span> </span>resultados (Nota<span class=\"_ _1\"></span> 5.11) Varia\u00e7\u00e3o de just<span class=\"_ _1\"></span>o valor em outro rendimento <span class=\"_ _1\"></span>integral -54<span class=\"ls0\">.</span>623<span class=\"ls0\">.316</span>54<span class=\"ls0\">.</span>623<span class=\"ls0\">.316 </span>-1.<span class=\"ls24\">430</span>.7471.<span class=\"ls24\">430</span>.747 (Nota 5.5) Saldo no final do <span class=\"_ _1\"></span>per\u00edodo<span class=\"_ _1\"></span> (3<span class=\"ls0\">.106.233) </span>46<span class=\"ls0\">.</span>938<span class=\"_ _1\"></span><span class=\"ls0\">.143 </span>43<span class=\"ls0\">.</span>831<span class=\"ls0\">.<span class=\"_ _1\"></span>910 </span>(1<span class=\"ls0\">.728.458) </span>(4<span class=\"ls0\">.771.149) </span>(6<span class=\"ls0\">.499.607) </span>8.2.1.<span class=\"ffd ls0\"> <span class=\"_ _b0\"> </span><span class=\"ff3\">Detalhe e matur<span class=\"_ _1\"></span>idade dos instrume<span class=\"_ _1\"></span>ntos finance<span class=\"_ _1\"></span>iros derivado<span class=\"_ _1\"></span>s </span></span>por natureza<span class=\"_ _1\"></span> 31 de dezembro de 202<span class=\"_ _1\"></span>2<span class=\"fs16 fc5\"> </span> Positivos <span class=\"_ _0\"></span>  Negativos Valores em Euros<span class=\"_ _1\"></span>  Nocional <span class=\"_ _0\"></span>  Moeda  Maturidade <span class=\"_ _0\"></span> (Nota 4.2)  (Nota 4.3) <span class=\"_ _0\"></span>  L\u00edquido  De cobertura<span class=\"_ _1\"></span> Cobertura (vendas futu<span class=\"_ _1\"></span>ras)<span class=\"_ _1\"></span> 345<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>USD 2023 <span class=\"ls0\"> </span>6.<span class=\"ls24\">011</span>.256  -  6.<span class=\"ls24\">011</span>.256  Cobertura (vendas futu<span class=\"_ _1\"></span>ras)<span class=\"_ _1\"></span> 144<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>GBP 2023 <span class=\"ls0\"> </span>1.<span class=\"ls24\">294</span>.665  -  1.<span class=\"ls24\">294</span>.665  Swaps de taxa de jur<span class=\"_ _1\"></span>o (Swaps) -<span class=\"_ _1\"></span> Obriga\u00e7\u00f5e<span class=\"_ _1\"></span>s 375<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>EUR 2028 <span class=\"ls0\"> </span>31<span class=\"ls0\">.</span>949<span class=\"ls0\">.130  </span>-  31<span class=\"ls0\">.</span>949<span class=\"ls0\">.130  </span>Energia  50<span class=\"ls0\">.</span>521<span class=\"ls0\">.199  </span>EUR 2023 <span class=\"ls0\"> </span>7.<span class=\"ls24\">683</span>.092  -  7.<span class=\"ls24\">683</span>.092  46<span class=\"ls0\">.</span>938<span class=\"_ _1\"></span><span class=\"ls0\">.143  </span>-  46<span class=\"ls0\">.</span>938<span class=\"_ _1\"></span><span class=\"ls0\">.143  </span>De negocia\u00e7\u00e3o<span class=\"_ _1\"></span> Forwards<span class=\"ff1\"> camb<span class=\"_ _1\"></span>iais (vendas futuras)<span class=\"_ _1\"></span> </span>76<span class=\"ls0\">.</span>977<span class=\"ls0\">.456  </span>USD 2023 <span class=\"ls0\"> </span>1.<span class=\"ls24\">325</span>.016  (4<span class=\"ls0\">.<span class=\"ls24\">679</span>.289)<span class=\"_ _1\"></span> </span>(3<span class=\"ls0\">.<span class=\"ls24\">354</span>.273)<span class=\"_ _1\"></span> </span>Forwards<span class=\"ff1\"> camb<span class=\"_ _1\"></span>iais (vendas futuras)<span class=\"_ _1\"></span> </span>18<span class=\"ls0\">.</span>800<span class=\"ls0\">.000  </span>GBP 2023 <span class=\"ls0\"> </span>251<span class=\"ls0\">.</span>284 <span class=\"ls0\"> </span>-  251<span class=\"ls0\">.</span>284 <span class=\"ls0\"> </span>Forwards<span class=\"ff1\"> camb<span class=\"_ _1\"></span>iais (vendas futuras)<span class=\"_ _1\"></span> </span>1.<span class=\"ls24\">750</span>.000  CHF<span class=\"ls0\"> </span>2023 <span class=\"ls0\"> </span>-  (3<span class=\"ls0\">.244)<span class=\"_ _1\"></span> </span>(3<span class=\"ls0\">.244)<span class=\"_ _1\"></span> </span>1.576.<span class=\"ls2b\">300 <span class=\"_ _1\"></span></span> (4<span class=\"ls0\">.682.533) </span>(3<span class=\"ls0\">.106.233) </span>48<span class=\"ls0\">.</span>514<span class=\"_ _1\"></span><span class=\"ls0\">.443  </span>(4<span class=\"ls0\">.682.533) </span>43<span class=\"ls0\">.</span>831<span class=\"_ _1\"></span><span class=\"ls0\">.910  </span>31 de dezembro de 202<span class=\"_ _1\"></span>1<span class=\"fs16\"> </span> Positivos <span class=\"_ _0\"></span>  Negativos Valores em Euros<span class=\"_ _1\"></span>  Nocional <span class=\"_ _0\"></span>  Moeda  Maturidade <span class=\"_ _0\"></span> (Nota 4.2)  (Nota 4.3) <span class=\"_ _0\"></span>  L\u00edquido  De cobertura<span class=\"_ _1\"></span> Cobertura (vendas futu<span class=\"_ _1\"></span>ras)<span class=\"_ _1\"></span> 242<span class=\"ls0\">.</span>500<span class=\"ls0\">.000  </span>USD 2022 <span class=\"ls0\"> </span>9.<span class=\"ls24\">066 </span> (1<span class=\"ls0\">.<span class=\"ls24\">426</span>.675)<span class=\"_ _1\"></span> </span>(1<span class=\"ls0\">.<span class=\"ls24\">417</span>.609)<span class=\"_ _1\"></span> </span>Cobertura (vendas futu<span class=\"_ _1\"></span>ras)<span class=\"_ _1\"></span> 83<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>GBP 2022 <span class=\"ls0\"> </span>(483.940) (483.940) Swaps de taxa de jur<span class=\"_ _1\"></span>o (Swaps) -<span class=\"_ _1\"></span> Obriga\u00e7\u00f5e<span class=\"_ _1\"></span>s 375 000 000  EUR 2026 <span class=\"ls0\"> </span>1.<span class=\"ls24\">621</span>.916  (2<span class=\"ls0\">.<span class=\"ls24\">804</span>.403)<span class=\"_ _1\"></span> </span>(1<span class=\"ls0\">.<span class=\"ls24\">182</span>.487)<span class=\"_ _1\"></span> </span>Pasta BHKP<span class=\"_ _1\"></span> 27 120 000  USD 2022 <span class=\"ls0\"> </span>-  (1<span class=\"ls0\">.<span class=\"ls24\">687</span>.112)<span class=\"_ _1\"></span> </span>(1<span class=\"ls0\">.<span class=\"ls24\">687</span>.112)<span class=\"_ _1\"></span> </span>1.630.<span class=\"ls2b\">982 <span class=\"_ _1\"></span></span> (6<span class=\"ls0\">.402.130) </span>(4<span class=\"ls0\">.771.148) </span>De negocia\u00e7\u00e3o<span class=\"_ _1\"></span> Forwards<span class=\"ff1\"> camb<span class=\"_ _1\"></span>iais (vendas futuras)<span class=\"_ _1\"></span> </span>129<span class=\"ls0\">.</span>745<span class=\"ls0\">.503  </span>USD 2023 <span class=\"ls0\"> </span>-  (1<span class=\"ls0\">.<span class=\"ls24\">640</span>.154)<span class=\"_ _1\"></span> </span>(1<span class=\"ls0\">.<span class=\"ls24\">640</span>.154)<span class=\"_ _1\"></span> </span>Forwards<span class=\"ff1\"> camb<span class=\"_ _1\"></span>iais (vendas futuras)<span class=\"_ _1\"></span> </span>9.<span class=\"ls24\">050</span>.000  GBP 2021 <span class=\"ls0\"> </span>-  (86.856) (86.856) Forwards camb<span class=\"_ _1\"></span>iais (vendas futuras)<span class=\"_ _1\"></span> 300<span class=\"ls0\">.</span>000 <span class=\"ls0\"> </span>CHF<span class=\"ls0\"> </span>2021 <span class=\"ls0\"> </span>-  (1<span class=\"ls0\">.448)<span class=\"_ _1\"></span> </span>(1<span class=\"ls0\">.448)<span class=\"_ _1\"></span> </span>-  (1<span class=\"ls0\">.728.458) </span>(1<span class=\"ls0\">.728.458) </span>1.630.<span class=\"ls2b\">982 <span class=\"_ _1\"></span></span> (8<span class=\"ls0\">.130.589) </span>(6<span class=\"ls0\">.499.606) </span>Cobertura de vendas futuras | risco cambial EUR/USD e EUR/GBP No<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>rer<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00falti<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>sem<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>, o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>uiu <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>trum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>rin<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> US<span class=\"_ _0\"></span>D 3<span class=\"_ _0\"></span>45.<span class=\"_ _0\"></span>000<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0 e<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>BP 1<span class=\"_ _0\"></span>44<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0.0<span class=\"_ _0\"></span>00,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m Z<span class=\"_ _0\"></span>ero<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>st C<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>lar<span class=\"_ _0\"></span>, gar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>sim<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cobe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>do d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>exe<span class=\"_ _0\"></span>rc\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>023<span class=\"_ _0\"></span>. Cobertura de taxa de juro No<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>rer<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>trime<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntrat<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> sw<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e \u20ac7<span class=\"_ _0\"></span>5.0<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>.000<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>ixa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9s<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>o ob<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>gac<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ista<span class=\"_ _0\"></span> Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2-<span class=\"ff9\">2<span class=\"_ _0\"></span>028<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>no m<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u20ac15<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>000<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0, <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>n\u00edci<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Jun<span class=\"_ _0\"></span><span class=\"ff1\">-22<span class=\"_ _0\"></span>.  </span></span>Cobertura de Energia Fac<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u00e0 e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>osi\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o ao<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>\u00e7o d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>dur<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e o <span class=\"_ _0\"></span>\u00fal<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2 <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>deu<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>waps<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>xa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>e\u00e7o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>erg<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ox<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>253<span class=\"_ _0\"></span>.71<span class=\"_ _0\"></span>6 M<span class=\"_ _0\"></span>Wh,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Deze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>23. Estimativas e julgamentos Jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>trum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>os Sem<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>oss\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>o ju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tima<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>em i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> cot<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os.<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>a au<span class=\"_ _0\"></span>s\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>\u00e7os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>rav\u00e9<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do m\u00e9<span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>flux<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>ode<span class=\"_ _0\"></span>los<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>op\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>do c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>supo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>utili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span><span class=\"ff7\">.<span class=\"ff1\"> </span></span>Pol\u00edticas Contabil\u00edsticas O j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s In<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>ncon<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a-s<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu\u00ed<span class=\"_ _0\"></span>do n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> V<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> a p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 4.<span class=\"_ _0\"></span>3)<span class=\"_ _0\"></span>, qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>Val<span class=\"_ _0\"></span>ores<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span> (N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 4<span class=\"_ _0\"></span>.2)<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do po<span class=\"_ _0\"></span>siti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>. Con<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> In<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>opto<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>r a <span class=\"_ _0\"></span>apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> </span></span>os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>abili<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na IA<span class=\"_ _0\"></span>S 3<span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> In<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> </span></span>qu<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>aior<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>bilid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>roj<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Dynam<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span> Ri<span class=\"_ _0\"></span>sk<span class=\"_ _0\"></span> Ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span><span class=\"ff7\"> (m<span class=\"_ _0\"></span>acro<span class=\"_ _0\"></span> </span>he<span class=\"_ _0\"></span>dgi<span class=\"_ _3b\"></span>ng<span class=\"ff1\">) at<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>rso<span class=\"_ _0\"></span>. </span>Sem<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xpe<span class=\"_ _0\"></span>cta<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>olu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o ou<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>\u00e2m<span class=\"_ _0\"></span>bio <span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>m,<span class=\"_ _0\"></span> o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ocu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>atar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rtur<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>os, <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>deri<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> <span class=\"ff7\">i<span class=\"_ _0\"></span>nter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>wap<span class=\"_ _0\"></span>s<span class=\"ff1\"> (<span class=\"_ _0\"></span>IRS)<span class=\"_ _0\"></span>, <span class=\"ff7\">c<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>lar<span class=\"_ _0\"></span>s<span class=\"ff1\"> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> </span></span></span></span>c\u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span><span class=\"ff7\">for<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span><span class=\"ff1\"> c<span class=\"_ _0\"></span>ambi<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s, et<span class=\"_ _0\"></span>c. </span></span>Ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _3b\"></span>o<span class=\"_ _1\"></span> Ape<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rata<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ponde<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>em a<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>rum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> efi<span class=\"_ _0\"></span>caze<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n\u00f3<span class=\"_ _0\"></span>mica<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ri<span class=\"_ _0\"></span>scos<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>nem<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>odos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>qual<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>stru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>ertu<span class=\"_ _0\"></span>ra con<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>\u00edsti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cord<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>as e<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>equi<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> apli<span class=\"_ _0\"></span>c\u00e1<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>is.<span class=\"_ _0\"></span> Os<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>fiq<span class=\"_ _0\"></span>uem<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>ntos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cobe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ica <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na P<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> seu<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>aria<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>mes<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>ndim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>(No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>5.<span class=\"_ _0\"></span>11)<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>u, <span class=\"_ _0\"></span>em For<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>Ser<span class=\"_ _0\"></span>vi\u00e7<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> Ext<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> (N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>.3)<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> R\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>to (N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 2<span class=\"_ _0\"></span>.1)<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fir<span class=\"_ _0\"></span>am \u00e0<span class=\"_ _0\"></span> cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>flu<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>eda <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sent<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o. Ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>ura Os <span class=\"_ _0\"></span>Inst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a fi<span class=\"_ _0\"></span>ns <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>dos con<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>isti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de c<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tura<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esd<span class=\"_ _0\"></span>e q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>cum<span class=\"_ _0\"></span>pra<span class=\"_ _0\"></span>m, <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>mul<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte,<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>as con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> IAS <span class=\"_ _0\"></span>39<span class=\"_ _0\"></span>. Cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>flu<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a (r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>de t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>c\u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> <span class=\"ff7\">co<span class=\"_ _0\"></span>mmod<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"ff1\"> - <span class=\"_ _0\"></span>BH<span class=\"_ _0\"></span>KP) </span></span>O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o da<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>\u00e0s <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>c\u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>o, r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ober<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>uxo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a. Est<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7\u00e3<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>alar<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>u j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a me<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>jam<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>zes<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> jus<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nici<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Se <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nefi<span class=\"_ _0\"></span>caz<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u a <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>a da<span class=\"_ _0\"></span>\u00ed d<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e \u00e9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gist<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>m re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>acu<span class=\"_ _0\"></span>mul<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os em<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsf<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o o <span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>afe<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>tado<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xem<span class=\"_ _0\"></span>plo,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>tura<span class=\"_ _0\"></span> cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> mat<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>iza)<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>O g<span class=\"_ _0\"></span>anh<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>a pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pon<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>caz<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>swa<span class=\"_ _0\"></span>ps d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>taxa<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ju<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cobr<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>\u00e9 r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>rubr<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e Re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>5.1<span class=\"_ _0\"></span>1).<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nto,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>a, o<span class=\"_ _0\"></span>rig<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>heci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>o n\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>(po<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>o, in<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>t\u00e1r<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fix<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>tang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rda<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ior<span class=\"_ _3b\"></span>mente<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rido<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>\u00eddo<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>. Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>umen<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> ven<span class=\"_ _0\"></span>dido<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>r o<span class=\"_ _0\"></span>s cr<span class=\"_ _0\"></span>it\u00e9<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>xigi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>seja<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tabi<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rdas<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>apita<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00f3pri<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>cicl<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ara <span class=\"_ _0\"></span>a D<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>to q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> o i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cobe<span class=\"_ _0\"></span>rto<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>anh<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>acum<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>apit<span class=\"_ _0\"></span>al p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>o a <span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>no c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span>l p<span class=\"_ _0\"></span>r\u00f3<span class=\"_ _0\"></span>prio<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue a<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>r\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>clad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uand<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>na Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"ff7\"> </span>Ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>liza<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>upo <span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor Der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os c<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> neg<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>tem <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>bial<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ndas<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>fat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>\u00e2nc<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> d\u00f3l<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>nor<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>-ame<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> (U<span class=\"_ _0\"></span>SD) <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>libr<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>(G<span class=\"_ _0\"></span>BP)<span class=\"_ _0\"></span>. U<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>vez<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>emo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>ros,<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sta <span class=\"_ _0\"></span>a um<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n\u00f3m<span class=\"_ _0\"></span>ico<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a con<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s fl<span class=\"_ _0\"></span>ux<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>oe<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> o e<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> O <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>\u00e9m,<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>bor<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>gun<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>exp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> fun<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Des<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> mod<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tura<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo o<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> o s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7\u00e3<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eira<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>moe<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>dife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>apre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a as<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pet<span class=\"_ _0\"></span>ivas<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es c<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s. Os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tura <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> nes<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> <span class=\"ff7\">fo<span class=\"_ _0\"></span>rw<span class=\"_ _0\"></span>ard<span class=\"_ _0\"></span>s<span class=\"ff1\"> <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>bia<span class=\"_ _0\"></span>is,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>atad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> </span></span>sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>posi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o l\u00ed<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> moe<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>oe<span class=\"_ _0\"></span>da d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>apre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tant<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e dat<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>enci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>\u00f3xi<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>eza<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rto<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>vari<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o cam<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>regi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>titu<span class=\"_ _0\"></span>lad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>oed<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a mo<span class=\"_ _0\"></span>eda<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> m\u00ea<span class=\"_ _0\"></span>s \u00e9<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>a uma<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> sald<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Cli<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> F<span class=\"_ _0\"></span>orne<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, cu<span class=\"_ _0\"></span>jo<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>anh<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>u p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>a \u00e9<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ompe<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r do<span class=\"_ _0\"></span>s <span class=\"ff7\">f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ward<span class=\"_ _0\"></span>s<span class=\"ff1\"> <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s. </span></span>Cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ndas<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> | R<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>bial<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>UR/<span class=\"_ _0\"></span>USD<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>EU<span class=\"_ _0\"></span>R/<span class=\"_ _0\"></span>GBP O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u00e0 u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om o<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> l<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> o ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>exp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ambi<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e0s <span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>as e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>USD<span class=\"_ _0\"></span> e GBP<span class=\"_ _0\"></span>. Cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>flu<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a | <span class=\"_ _0\"></span>Tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>ro O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>cede<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pag<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> jur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>utur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>soci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>\u00e0s em<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>gaci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> sw<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ga <span class=\"_ _0\"></span>uma <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>taxa <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l.<span class=\"_ _0\"></span> O r<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>erid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>inst<span class=\"_ _0\"></span>rum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>\u00e9 de<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rtu<span class=\"_ _0\"></span>ra d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ux<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>ama <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span> ao <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9st<span class=\"_ _0\"></span>imo<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>rig<span class=\"_ _0\"></span>acio<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>sta. Cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>flu<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a | <span class=\"_ _0\"></span><span class=\"ff7\">Com<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span><span class=\"ff1\"> -<span class=\"_ _0\"></span> BH<span class=\"_ _0\"></span>KP </span></span>O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>usa i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>deri<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>miz<span class=\"_ _0\"></span>ar o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xpos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>var<span class=\"_ _0\"></span>ia\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>e\u00e7o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>xa<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>PIX,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m U<span class=\"_ _0\"></span>SD.<span class=\"_ _3b\"></span> 8.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s </span></span>8.3.1.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Cate<span class=\"_ _1\"></span>gorias de in<span class=\"_ _1\"></span>strumentos fin<span class=\"_ _1\"></span>anceiros do Grup<span class=\"_ _1\"></span>o<span class=\"_ _1\"></span> </span>Os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> rub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ssifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>:  Ativos financeiros  Ativos ao justo financeiros valor ao justo  Ativos  Ativos atrav\u00e9s de valor atrav\u00e9s  Instrumento<span class=\"_ _0\"></span>s  Instrumento<span class=\"_ _0\"></span>s financeiros<span class=\"_ _0\"></span> financeiros resultados de outro financeiros financeiros fora ao custo (excluindo rendimento derivados d<span class=\"_ _0\"></span>e derivados do \u00e2mbito  Ativos n\u00e3o Valores em Euros<span class=\"_ _1\"></span>  Nota amortizado derivados) integral cobertura de negocia\u00e7\u00e3o da IFRS 9 financeiros   Total 31 de deze<span class=\"_ _1\"></span>mbro de 2022<span class=\"_ _1\"></span> Valores a receber 4.2 25<span class=\"ls0\">.</span>282<span class=\"ls0\">.858 </span>- - - - - - 25<span class=\"ls0\">.</span>282<span class=\"ls0\">.858 </span>n\u00e3o correntes <span class=\"_ _1\"></span> Valores a receber c<span class=\"_ _1\"></span>orrentes 4.2 363<span class=\"ls0\">.</span>009<span class=\"ls0\">.769 </span>- - 46<span class=\"ls0\">.</span>938<span class=\"ls0\">.143 </span>1.<span class=\"ls24\">576</span>.300 -87<span class=\"ls0\">.</span>619<span class=\"ls0\">.196</span>499<span class=\"ls0\">.</span>143<span class=\"ls0\">.408 </span>Caixa e equiva<span class=\"_ _1\"></span>lentes 5.9 343<span class=\"ls0\">.</span>083<span class=\"ls0\">.788 </span>- - - - - - 343<span class=\"ls0\">.</span>083<span class=\"ls0\">.788 </span>de caixa  Ativos n\u00e3o correntes 3.8 - - - - - - - - detidos para venda<span class=\"_ _1\"></span>  Total de ativos<span class=\"_ _1\"></span> 731<span class=\"ls0\">.376.4<span class=\"_ _1\"></span>16 </span>- - 46<span class=\"ls0\">.</span>938<span class=\"ls0\">.<span class=\"_ _1\"></span>143 </span>1.576.<span class=\"ls2b\">300 </span>-87<span class=\"ls0\">.</span>619<span class=\"ls0\">.<span class=\"_ _1\"></span>196</span>867<span class=\"ls0\">.510.0<span class=\"_ _1\"></span>55 </span>31 de deze<span class=\"_ _1\"></span>mbro de 2021<span class=\"_ _1\"></span> Valores a receber 8.3 8.<span class=\"ls24\">604</span>.547 - - - - - - 8.<span class=\"ls24\">604</span>.547 n\u00e3o correntes <span class=\"_ _1\"></span> Valores a receber c<span class=\"_ _1\"></span>orrentes 4.2 236<span class=\"ls0\">.</span>454<span class=\"ls0\">.808 </span>- - 1.<span class=\"ls24\">630</span>.982 - - 79<span class=\"ls0\">.</span>796<span class=\"ls0\">.970 </span>317<span class=\"ls0\">.</span>882<span class=\"ls0\">.760 </span>Caixa e equiva<span class=\"_ _1\"></span>lentes 5.9 239<span class=\"ls0\">.</span>171<span class=\"ls0\">.252 </span>- - - - - - 239<span class=\"ls0\">.</span>171<span class=\"ls0\">.252 </span>de caixa  Ativos n\u00e3o correntes 3.8 - - - - - - - - detidos para venda<span class=\"_ _1\"></span>  Total de ativos<span class=\"_ _1\"></span> 484<span class=\"ls0\">.230.6<span class=\"_ _1\"></span>07 </span>- - 1.630.<span class=\"ls2b\">982 </span>- - 79<span class=\"ls0\">.</span>796<span class=\"ls0\">.<span class=\"_ _1\"></span>970 </span>565<span class=\"ls0\">.658.5<span class=\"_ _1\"></span>59 </span> Passivos financeiros ao justo  Passivos valor atrav\u00e9s  Instrumento<span class=\"_ _0\"></span>s  Instrumento<span class=\"_ _0\"></span>s  Passivos financeiros de resultados financeiros financeiros financeiros fora<span class=\"_ _0\"></span>  Passivos ao custo (excluindo derivados derivados do \u00e2mbito n\u00e3o Valores em Euros<span class=\"_ _1\"></span>  Nota amortizado derivados) de cobertura de negocia\u00e7\u00e3o da<span class=\"ls0\"> IFRS 9 </span>financeiros   Total 31 de deze<span class=\"_ _1\"></span>mbro de 2022<span class=\"_ _1\"></span>  Financiamentos o<span class=\"_ _1\"></span>btidos 5.7 725<span class=\"ls0\">.</span>301<span class=\"ls0\">.722 </span>- - - - -725<span class=\"ls0\">.</span>301<span class=\"ls0\">.722</span> Passivos de loca\u00e7\u00e3<span class=\"_ _1\"></span>o  5.8 - - - - 61<span class=\"ls0\">.</span>641<span class=\"ls0\">.049 </span>-61<span class=\"ls0\">.</span>641<span class=\"ls0\">.049</span> Valores a pagar <span class=\"_ _1\"></span> 4.3 605<span class=\"ls0\">.</span>630<span class=\"ls0\">.951 </span>- - 4.<span class=\"ls24\">682</span>.533 - - 610<span class=\"ls0\">.</span>313<span class=\"ls0\">.484</span>Total de pa<span class=\"_ _1\"></span>ssivos 1.330.<span class=\"ls2b\">932<span class=\"_ _1\"></span></span>.673 - - 4.682.<span class=\"ls2b\">533 </span>61<span class=\"ls0\">.</span>641<span class=\"_ _1\"></span><span class=\"ls0\">.049 </span>-1.397.<span class=\"ls2b\">256<span class=\"_ _1\"></span></span>.25531 de deze<span class=\"_ _1\"></span>mbro de 2021<span class=\"_ _1\"></span>  Financiamentos o<span class=\"_ _1\"></span>btidos 5.7 833<span class=\"ls0\">.</span>944<span class=\"ls0\">.049 </span>- - - - -833<span class=\"ls0\">.</span>944<span class=\"ls0\">.049</span> Passivos de loca\u00e7\u00e3<span class=\"_ _1\"></span>o  5.8 - - - - 53<span class=\"ls0\">.</span>240<span class=\"ls0\">.925 </span>-53<span class=\"ls0\">.</span>240<span class=\"ls0\">.925</span> Valores a pagar <span class=\"_ _1\"></span> 4.3 422<span class=\"ls0\">.</span>045<span class=\"ls0\">.733 </span>-6.<span class=\"ls24\">402</span>.1301.<span class=\"ls24\">728</span>.458 - - 430<span class=\"ls0\">.</span>176<span class=\"ls0\">.321</span>Total de pa<span class=\"_ _1\"></span>ssivos 1.255.<span class=\"ls2b\">989<span class=\"_ _1\"></span></span>.782 -6.402.<span class=\"ls2b\">130</span>1.728.<span class=\"ls2b\">458 </span>53<span class=\"ls0\">.</span>240<span class=\"_ _1\"></span><span class=\"ls0\">.925 </span>-1.317.<span class=\"ls2b\">361<span class=\"_ _1\"></span></span>.2958.3.2.<span class=\"ls0\"> <span class=\"_ _50\"> </span>Justo valor de ativos<span class=\"_ _1\"></span> e passivos fi<span class=\"_ _1\"></span>nanceiros<span class=\"_ _1\"></span> </span>Ativos e passivos financeiros mensurados ao justo valor 31/12/22 31/12/21 Valores em Euros<span class=\"_ _1\"></span>  N\u00edvel 1   N\u00edvel 2   N\u00edvel 3   N\u00edvel 1   N\u00edvel 2   N\u00edvel 3  Ativos financeir<span class=\"_ _1\"></span>os ao justo valor re<span class=\"_ _1\"></span>conhecidos e<span class=\"_ _1\"></span>m resultados      Derivados de nego<span class=\"_ _1\"></span>cia\u00e7\u00e3o (Nota<span class=\"_ _1\"></span> 8.2) -  1.<span class=\"ls24\">576</span>.300  -  -  -  -  Instrumentos finance<span class=\"_ _1\"></span>iros de cober<span class=\"_ _1\"></span>tura (Nota 8.2)<span class=\"_ _1\"></span> -  46<span class=\"ls0\">.</span>938<span class=\"ls0\">.143  </span>-  -  1.<span class=\"ls24\">630</span>.982  -  Ativos mensurado<span class=\"_ _1\"></span>s ao justo valor<span class=\"_ _1\"></span>      Ativos biol\u00f3g<span class=\"_ _1\"></span>icos (Nota 3.8)<span class=\"_ _1\"></span> -  -  122<span class=\"ls0\">.</span>499<span class=\"ls0\">.875  </span>-  -  147<span class=\"ls0\">.</span>324<span class=\"ls0\">.061  </span>Total de ativos<span class=\"_ _1\"></span> -  48<span class=\"ls0\">.</span>514<span class=\"ls0\">.<span class=\"_ _1\"></span>443  </span>122<span class=\"ls0\">.499.8<span class=\"_ _1\"></span>75  </span>-  1.630.<span class=\"ls2b\">982 <span class=\"_ _1\"></span></span> 147<span class=\"ls0\">.324.0<span class=\"_ _1\"></span>61  </span>Passivos finance<span class=\"_ _1\"></span>iros ao justo valor<span class=\"_ _1\"></span> reconhecidos<span class=\"_ _1\"></span> em resultados      Derivados de nego<span class=\"_ _1\"></span>cia\u00e7\u00e3o (Nota<span class=\"_ _1\"></span> 8.2) -  (4<span class=\"ls0\">.<span class=\"ls24\">682</span>.533)<span class=\"_ _1\"></span> </span>-  -  (1<span class=\"ls0\">.<span class=\"ls24\">728</span>.458)<span class=\"_ _1\"></span> </span>-  Instrumentos finance<span class=\"_ _1\"></span>iros de<span class=\"_ _1\"></span> cobertura (Nota <span class=\"_ _1\"></span>8.2) -  -  -  -  (6<span class=\"ls0\">.<span class=\"ls24\">402</span>.130)<span class=\"_ _1\"></span> </span>-  Total de pa<span class=\"_ _1\"></span>ssivos -  (4<span class=\"ls0\">.682.534) </span>-  -  (8<span class=\"ls0\">.130.588) </span>-  Estimativas e julgamentos Jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>iam<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>obt<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span>une<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>fix<span class=\"_ _0\"></span>a O j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os \u00e9<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>alc<span class=\"_ _0\"></span>ulad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>m\u00e9t<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s fl<span class=\"_ _0\"></span>ux<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ixa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s \u00e0 <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>elat<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>car<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00edst<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>enc<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o ao<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>l 2<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a hi<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>arq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>a IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>13<span class=\"_ _0\"></span><span class=\"ff7\">.<span class=\"ff1\"> </span></span>Pol\u00edticas Contabil\u00edsticas O j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>hie<span class=\"_ _0\"></span>rar<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>13<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013</span> <span class=\"_ _0\"></span>Me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>: N\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> 1<span class=\"ff1\"> <span class=\"_ _b1\"> </span>Bas<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s l\u00ed<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>to. </span>N\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> 2<span class=\"ff1\"> <span class=\"_ _b1\"> </span>Det<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>curs<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>los <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>rin<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uais<span class=\"_ _0\"></span> </span>n\u00e3o<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>rv<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> mer<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>do. N\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> 3<span class=\"ff1\"> <span class=\"_ _b1\"> </span>Det<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>curs<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>los <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>cuj<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>npu<span class=\"_ _0\"></span>ts <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o </span>ob<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>v\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cado<span class=\"_ _0\"></span>.<span class=\"ff3 fs0 fc2\"> <span class=\"_ _46\"> </span> <span class=\"_ _5b\"> </span><span class=\"ff1\"> </span></span>9.<span class=\"ffd ls0\"> <span class=\"_ _ab\"> </span><span class=\"ff3\">Ges<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>o Op<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nal </span></span>O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>\u00e1 p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> nos<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>res <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>cali<span class=\"_ _0\"></span>pto<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a B<span class=\"_ _0\"></span>EKP<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>enci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>na p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>WF e<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ue<span class=\"ff1\">,<span class=\"_ _0\"></span> </span></span>mas<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>\u00e9m<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pape<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>UWF<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span><span class=\"ff7\">tis<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e<span class=\"ff1\"> e<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> </span></span>en<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>gia,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>v\u00e9<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e b<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>era,<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>cess<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utiv<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>BEK<span class=\"_ _0\"></span>P. Tod<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>suj<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>tas <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>pod<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>r u<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ito si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>seu<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>, no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>flux<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a qu<span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>inan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a. Os <span class=\"_ _0\"></span>fat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>sad<span class=\"_ _0\"></span>os n<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>p\u00edt<span class=\"_ _0\"></span>ulo <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s da<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma: i.<span class=\"ffb ls0\"> <span class=\"_ _9c\"> </span><span class=\"ff1\">Ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>c\u00ed<span class=\"_ _0\"></span>fico<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e1 pr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>te: </span></span>\uf02d<span class=\"ffb\"> <span class=\"_ _41\"> </span><span class=\"ff1\">Risc<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>soci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>set<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>flor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> </span></span>\uf02d<span class=\"ffb\"> <span class=\"_ _41\"> </span><span class=\"ff1 ls28\">Ris<span class=\"_ _1\"></span><span class=\"ls0\">co<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>ssoc<span class=\"_ _0\"></span>iad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00e0 p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>iza\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a BE<span class=\"_ _0\"></span>KP,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>UWF<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el </span></span></span>ti<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>e<span class=\"ff1\"> </span>\uf02d<span class=\"ffb\"> <span class=\"_ _41\"> </span><span class=\"ff1\">Risc<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>soci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>\u00e0 pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a </span></span>\uf02d<span class=\"ffb\"> <span class=\"_ _41\"> </span><span class=\"ff1\">Risc<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>soci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>a al<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> cl<span class=\"_ _0\"></span>im\u00e1<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cas </span></span>\uf02d<span class=\"ffb\"> <span class=\"_ _41\"> </span><span class=\"ff1\">Recu<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>os h<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o </span></span>\uf02d<span class=\"ffb\"> <span class=\"_ _41\"> </span><span class=\"ff1\">Siste<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> </span></span>\uf02d<span class=\"ffb\"> <span class=\"_ _41\"> </span><span class=\"ff1\">Risc<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ger<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ext<span class=\"_ _0\"></span>o </span></span>ii.<span class=\"ffb ls0\"> <span class=\"_ _9c\"> </span><span class=\"ff1\">Ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s. </span></span>O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>nt\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>um p<span class=\"_ _0\"></span>rog<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>cado <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>an\u00e1<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>ocu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nimi<span class=\"_ _0\"></span>zar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s ef<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>sos <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> seu<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>enh<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span>A ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o do<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>zid<span class=\"_ _0\"></span>a pe<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span> Dire<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o F<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>l\u00edt<span class=\"_ _0\"></span>icas<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span> Adm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> A <span class=\"_ _0\"></span>Dir<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>Finan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>vali<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>eali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>bert<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rit<span class=\"_ _0\"></span>a coo<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>s u<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>raci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>.  A A<span class=\"_ _0\"></span>dmi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cia p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>nc\u00ed<span class=\"_ _0\"></span>pio<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ara <span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>isco<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m t<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pol<span class=\"_ _0\"></span>\u00edti<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e cob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>\u00e1re<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pec\u00ed<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>bia<span class=\"_ _0\"></span>l,<span class=\"_ _0\"></span> o r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co d<span class=\"_ _0\"></span>e t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e j<span class=\"_ _3b\"></span>uro, <span class=\"_ _0\"></span>o ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>iqui<span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> uso<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> out<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>deri<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e o<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>xc<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>liq<span class=\"_ _0\"></span>uide<span class=\"_ _0\"></span>z.<span class=\"_ _0\"></span> A <span class=\"_ _0\"></span>Di<span class=\"_ _0\"></span>re\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Gest<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>az<span class=\"_ _0\"></span> o a<span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>hame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o da <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ple<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ol\u00ed<span class=\"_ _0\"></span>ticas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nidas<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a Ad<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> 9.1.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Risc<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c\u00edf<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de </span></span>em <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e1<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e 9.1.1.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Risco<span class=\"_ _1\"></span>s associados<span class=\"_ _1\"></span> ao setor florest<span class=\"_ _1\"></span>al </span>Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, o<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>erca<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>06<span class=\"_ _0\"></span>,8 <span class=\"_ _0\"></span>milh<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ctare<span class=\"_ _0\"></span>s (2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span>: 1<span class=\"_ _0\"></span>05<span class=\"_ _0\"></span>,5 <span class=\"_ _0\"></span>milh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>hec<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bu\u00edd<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Por<span class=\"_ _0\"></span>tug<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntin<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>A\u00e7or<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e G<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>a (Es<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>nha<span class=\"_ _0\"></span>), <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 1.<span class=\"_ _0\"></span>324<span class=\"_ _0\"></span> Un<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 169<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>uni<span class=\"_ _0\"></span>c\u00edp<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ugal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>e 42<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de Ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> 3<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ov\u00edn<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>Gal<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a, E<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>anh<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>nc\u00ed<span class=\"_ _0\"></span>pio<span class=\"_ _0\"></span>s ex<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>os na <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>l\u00ed<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>a F<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span> euca<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>pto<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om f<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>sp\u00e9<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es de<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> g\u00e9<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>upa<span class=\"_ _0\"></span>m 73<span class=\"_ _0\"></span>% <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>ea,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>dam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te a<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sp\u00e9<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span> <span class=\"ff7\">E<span class=\"_ _0\"></span>ucal<span class=\"_ _0\"></span>yp<span class=\"_ _0\"></span>tus<span class=\"_ _0\"></span> gl<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>ulus<span class=\"_ _0\"></span><span class=\"ff1 ls98\">, </span></span>con<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>fib<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> id<span class=\"_ _0\"></span>eal <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>\u00e9is<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Na <span class=\"_ _0\"></span>\u00e1re<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>nte,<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> al\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s es<span class=\"_ _0\"></span>pa\u00e7<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nser<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>2,1%<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> \u00e1r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> em Por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>sali<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> \u00e1r<span class=\"_ _0\"></span>eas <span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pin<span class=\"_ _0\"></span>ho <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sob<span class=\"_ _0\"></span>rei<span class=\"_ _0\"></span>ro,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sp\u00e9c<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>\u00e1 en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>aior<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>onai<span class=\"_ _0\"></span>s. Ten<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>pio<span class=\"_ _0\"></span>nei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>Po<span class=\"_ _0\"></span>rtug<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> flo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>l c<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>l da <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>seu<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>m\u00f3n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> flo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l lo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>nen<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>st\u00e1 <span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>FSC\u00ae<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>For<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t S<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ward<span class=\"_ _0\"></span>shi<span class=\"_ _0\"></span>p <span class=\"_ _0\"></span>Coun<span class=\"_ _0\"></span>cil<span class=\"_ _0\"></span>\u00ae)<span class=\"_ _0\"></span> (FS<span class=\"_ _0\"></span>C\u00ae-<span class=\"_ _0\"></span><span class=\"ff9\">C01<span class=\"_ _0\"></span>085<span class=\"_ _0\"></span>2)<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pel<span class=\"_ _0\"></span>o P<span class=\"_ _0\"></span>EFC<span class=\"_ _0\"></span>\u2122 <span class=\"_ _0\"></span>(Pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>amm<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>he </span>End<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>f <span class=\"_ _0\"></span>Fore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span> Cer<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ficat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>sch<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>s)<span class=\"_ _0\"></span> (P<span class=\"_ _0\"></span>EFC<span class=\"_ _0\"></span>\u2122/1<span class=\"_ _0\"></span>3<span class=\"ff1\">-<span class=\"ls16\">23</span>-0<span class=\"_ _0\"></span>01)<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a </span>ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>pa\u00e7<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>fei<span class=\"_ _0\"></span>ta d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>ambi<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>con\u00f3<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>e soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l, e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>bed<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>it\u00e9<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>igo<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>sos<span class=\"_ _0\"></span> e i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ern<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>alme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>. A N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>of<span class=\"_ _0\"></span>isti<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m t<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> mun<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ura <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os \u00e9<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rn\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>. S<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do c<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>ena<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>duzi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l es<span class=\"_ _0\"></span>t\u00e1<span class=\"_ _0\"></span> cer<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fica<span class=\"_ _0\"></span>da,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>hia<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nici<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 20<span class=\"_ _0\"></span>16<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dinam<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o da <span class=\"_ _0\"></span>ade<span class=\"_ _3b\"></span>s\u00e3o d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>tore<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>los<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>flor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> sus<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>t\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> cer<span class=\"_ _0\"></span>tif<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>mit<span class=\"_ _0\"></span>em a m<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ria <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nt\u00edn<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>r\u00e1ti<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o e <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>ao<span class=\"_ _0\"></span> esf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>\u00e7o de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rocu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s ce<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> n\u00edv<span class=\"_ _0\"></span>el m<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>al.<span class=\"_ _0\"></span> Es<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>esf<span class=\"_ _0\"></span>or\u00e7<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>tem <span class=\"_ _0\"></span>vin<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>\u00e1re<span class=\"_ _3b\"></span>a flor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m P<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tuga<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>entr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2016<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> via<span class=\"_ _0\"></span> FS<span class=\"_ _0\"></span>C\u00ae <span class=\"_ _0\"></span>(d<span class=\"_ _0\"></span>e 37<span class=\"_ _0\"></span>0.0<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span> ha<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>550<span class=\"_ _0\"></span>.6<span class=\"_ _0\"></span>00 <span class=\"_ _0\"></span>ha)<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>PEF<span class=\"_ _0\"></span>C\u2122 <span class=\"_ _0\"></span>(d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>60<span class=\"_ _0\"></span>.000<span class=\"_ _0\"></span> ha <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span>8.2<span class=\"_ _0\"></span>3<span class=\"ff1\">0<span class=\"_ _0\"></span> ha<span class=\"_ _0\"></span>). </span>Ain<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>, \u00e9<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ani<span class=\"_ _0\"></span>fes<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>\u00e7o <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>\u00e1 m<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>do o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>eso<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>\u00e1re<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>flo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> n\u00e3o<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ngi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> por<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>quer<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ges<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> flo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>uste<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l em<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ugal<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>A t<span class=\"_ _0\"></span>\u00edtul<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>lo,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>ea <span class=\"_ _0\"></span>flo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>a pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m P<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>uga<span class=\"_ _0\"></span>l c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>l n<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mbor<span class=\"_ _3b\"></span>a rep<span class=\"_ _0\"></span>rese<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>sse<span class=\"_ _3b\"></span> cerc<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>3% <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>\u00e1re<span class=\"_ _3b\"></span>a<span class=\"_ _1\"></span> d<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>sa,<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>va,<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>via,<span class=\"_ _0\"></span> 34<span class=\"_ _0\"></span>% d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>a \u00e1<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>a ce<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ord<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>iste<span class=\"_ _0\"></span>ma PEF<span class=\"_ _0\"></span>C\u2122 <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>19<span class=\"_ _0\"></span>% d<span class=\"_ _0\"></span>e t<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> \u00e1r<span class=\"_ _0\"></span>ea c<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ord<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> as <span class=\"_ _0\"></span>n<span class=\"ff1\">or<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>FSC<span class=\"_ _0\"></span>\u00ae. <span class=\"_ _0\"></span> </span>Est<span class=\"_ _0\"></span>amo<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tas <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>orri<span class=\"_ _0\"></span>do, <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da Pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> Fl<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>del<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>stent<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>. E<span class=\"_ _0\"></span>m 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span>, 6<span class=\"_ _0\"></span>5% <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ira pr<span class=\"_ _0\"></span>ove<span class=\"_ _3b\"></span>niente<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e fo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>aste<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>nac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nais<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>xcl<span class=\"_ _0\"></span>uind<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>o au<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>aba<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to,<span class=\"_ _0\"></span> j\u00e1<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ovei<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rop<span class=\"_ _0\"></span>ried<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> ti<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>am a <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a (<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>21:<span class=\"_ _0\"></span> 63<span class=\"_ _0\"></span>%)<span class=\"_ _0\"></span>. R<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e ta<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>\u00e9m o<span class=\"_\"> </span>f<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>\u00e2mb<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> des<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>r vi<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>mui<span class=\"_ _0\"></span>tosi<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>\u00fame<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Fo<span class=\"_ _0\"></span>rne<span class=\"_ _0\"></span>ced<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>mad<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> cer<span class=\"_ _0\"></span>tif<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>decus<span class=\"_ _0\"></span>t\u00f3<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>a/re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>abili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>, pas<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>no d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>vime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e um<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e F<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>nec<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>squ<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>sibi<span class=\"_ _0\"></span>lit<span class=\"_ _0\"></span>ar\u00e1<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>\u00edgn<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nido<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>n\u00edv<span class=\"_ _0\"></span>el d<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>veni<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>font<span class=\"_ _0\"></span>escom<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>l ce<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a.Com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ges<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>l n<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>nac<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>calip<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cia <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sde<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>007 e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>upta<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>cebi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>s su<span class=\"_ _0\"></span>as uni<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>abr<span class=\"_ _0\"></span>is, <span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>cri<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>do p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span> a m<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rove<span class=\"_ _0\"></span>nie<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>unid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> sua<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>al s<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t\u00e1v<span class=\"_ _0\"></span>el. <span class=\"_ _0\"></span>Est<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>apo<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>stem<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span> ino<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> a n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> mu<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>erm<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o fl<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>\u00e1t<span class=\"_ _0\"></span>ica re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>o me<span class=\"_ _3b\"></span>rcad<span class=\"_ _0\"></span>o e <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>mune<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>dev<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>mun<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>eia <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o. Com<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te, <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mons<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>jet<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>vim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>sus<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>t\u00e1v<span class=\"_ _0\"></span>el, <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>u, e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>jun<span class=\"_ _0\"></span>ho <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2,<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>emi<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> um em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9sti<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>rig<span class=\"_ _0\"></span>acio<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e 1<span class=\"_ _0\"></span>50<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>lh\u00f5<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Sus<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>ity<span class=\"_ _0\"></span> Lin<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d <span class=\"_ _0\"></span>Bon<span class=\"_ _0\"></span>ds <span class=\"_ _0\"></span>Fram<span class=\"_ _0\"></span>ew<span class=\"_ _0\"></span>ork<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>tr\u00ea<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>indi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ESG<span class=\"_ _0\"></span>: e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>CO2<span class=\"_ _0\"></span> (b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> CE<span class=\"_ _0\"></span>LE)<span class=\"_ _0\"></span>; <span class=\"_ _0\"></span>% d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a ce<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>dq<span class=\"_ _0\"></span>uiri<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>gu\u00ea<span class=\"_ _0\"></span>s; <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sum<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nov\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>m es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu\u00ed<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 40<span class=\"_ _0\"></span>% d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>tot<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cari<span class=\"_ _0\"></span>z <span class=\"_ _0\"></span>sus<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>t\u00e1ve<span class=\"_ _0\"></span>l. Ao <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>atri<span class=\"_ _0\"></span>bu\u00ed<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> Dir<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e Us<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Apro<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Ter<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>(D<span class=\"_ _0\"></span>UAT)<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Mo\u00e7a<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>cali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>v\u00ednci<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e Ma<span class=\"_ _0\"></span>nic<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> Z<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>\u00e9zi<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>tu\u00edd<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r c<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ca d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>5 d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nt\u00edg<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>plan<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>246<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0 <span class=\"_ _0\"></span>hect<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, di<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nibi<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>abri<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>Aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de In<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>ssin<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>o\u00e7<span class=\"_ _0\"></span>ambi<span class=\"_ _0\"></span>can<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>enc<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span> pl<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 14<span class=\"_ _0\"></span>,0<span class=\"_ _0\"></span> mil<span class=\"_ _0\"></span>har<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> he<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>O pr<span class=\"_ _0\"></span>oj<span class=\"_ _0\"></span>eto<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ev\u00ea<span class=\"_ _0\"></span> a in<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>la\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> ind<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ial <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>a \u00e0<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a B<span class=\"_ _0\"></span>EKP<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ene<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>el\u00e9t<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a naq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span> pa\u00ed<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> O <span class=\"_ _0\"></span>Gove<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>mo\u00e7am<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>can<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>rtu<span class=\"_ _0\"></span>cel <span class=\"_ _0\"></span>Mo<span class=\"_ _0\"></span>\u00e7am<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>lho <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>18 um <span class=\"_ _0\"></span>Me<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>do d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>En<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ndime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>(Mo<span class=\"_ _0\"></span>U)<span class=\"_ _0\"></span> atr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> qua<span class=\"_ _0\"></span>l ac<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>dar<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nju<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ondi<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es pr<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>ss\u00e1<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>ara <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ecu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> esp<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de nat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>a l<span class=\"_ _0\"></span>og\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ca,<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00e1 imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>dua<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>Num<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>mome<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ser\u00e1 in<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e 4<span class=\"_ _0\"></span>0.0<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span> he<span class=\"_ _0\"></span>cta<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> gar<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>\u00e1 <span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>teci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e uma<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> (a<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>trui<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>) de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>esti<span class=\"_ _0\"></span>lha<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>alipt<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xpo<span class=\"_ _0\"></span>rta<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>e ce<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 1<span class=\"_ _0\"></span> mil<span class=\"_ _0\"></span>h\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>one<span class=\"_ _0\"></span>lada<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>adi<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mad<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>USD 1<span class=\"_ _0\"></span>40<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>lh\u00f5e<span class=\"_ _0\"></span>s. Em <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mun<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>etu<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o em<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1, <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n\u00e1ri<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Po<span class=\"_ _0\"></span>rto <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Mac<span class=\"_ _0\"></span>uze<span class=\"_ _3b\"></span> e o<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>can<span class=\"_ _0\"></span>o Et<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s A<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>t <span class=\"_ _0\"></span>Man<span class=\"_ _0\"></span>age<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt <span class=\"_ _0\"></span>Inc<span class=\"_ _0\"></span>. i<span class=\"_ _0\"></span>nfo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>em c<span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>um aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de l<span class=\"_ _0\"></span>ong<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>azo <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 40<span class=\"_ _0\"></span>0 <span class=\"_ _0\"></span>mil<span class=\"_ _0\"></span>h\u00f5es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>USD,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ar\u00e1<span class=\"_ _0\"></span> a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>mei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>fase<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Mac<span class=\"_ _0\"></span>use<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ace<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>odov<span class=\"_ _0\"></span>i\u00e1<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ual <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span> a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ter<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s ag<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a (<span class=\"ff7\">w<span class=\"_ _0\"></span>ood<span class=\"_ _0\"></span>chi<span class=\"_ _0\"></span>ps<span class=\"_ _0\"></span><span class=\"ff1\">), f<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>zan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>acid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ar n<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> at\u00e9<span class=\"_ _0\"></span> 6<span class=\"_ _0\"></span>5.00<span class=\"_ _0\"></span>0 <span class=\"_ _0\"></span>DWT<span class=\"_ _0\"></span>. </span></span>Ten<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> atr<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>in\u00ed<span class=\"_ _0\"></span>cio <span class=\"_ _0\"></span>da c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>elh<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>pec<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nfra<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>entr<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>em 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>6/20<span class=\"_ _0\"></span>27<span class=\"_ _0\"></span>. A N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gov<span class=\"_ _0\"></span>ern<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de Mo<span class=\"_ _0\"></span>\u00e7a<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e t<span class=\"_ _0\"></span>\u00eam<span class=\"_ _0\"></span> vin<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>trab<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>har<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Mo<span class=\"_ _0\"></span>U <span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>o em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>18<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>fome<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o, t<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>mei<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ama<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Fo<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>Fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Mo\u00e7a<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> ini<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>rnam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>iam<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span> Ba<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span> Mun<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>al.<span class=\"_ _0\"></span> O <span class=\"_ _0\"></span>obj<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>move<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>pla<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>flo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>comer<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ent\u00e1<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>is d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>uen<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> m\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>a es<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> \u00e1r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> sid<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ca d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2.000<span class=\"_ _0\"></span> h<span class=\"_ _0\"></span>a en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>19<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2.<span class=\"_ _0\"></span> A <span class=\"_ _0\"></span>Port<span class=\"_ _0\"></span>uce<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>Mo\u00e7<span class=\"_ _0\"></span>ambi<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> tid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>um p<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e im<span class=\"_ _0\"></span>ple<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>ama<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>div<span class=\"_ _0\"></span>ers<span class=\"_ _0\"></span>os a<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>def<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>del<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>ilv<span class=\"_ _0\"></span>icu<span class=\"_ _0\"></span>ltur<span class=\"_ _0\"></span>a,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>rne<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>clo<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s a <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>o bo<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>aces<span class=\"_ _0\"></span>so a<span class=\"_ _0\"></span> mat<span class=\"_ _0\"></span>\u00e9r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s-pr<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> k<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>w-ho<span class=\"_ _0\"></span>w. Foi<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>\u00e9m<span class=\"_ _0\"></span> ini<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>hei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>deir<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> Por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>cel<span class=\"_ _0\"></span> Mo\u00e7<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> Ma<span class=\"_ _0\"></span>nic<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o a<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Bei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>mit<span class=\"_ _0\"></span>ir\u00e1,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> obj<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s, col<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> Mo<span class=\"_ _0\"></span>\u00e7am<span class=\"_ _0\"></span>biq<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>mapa<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>und<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>nd\u00fa<span class=\"_ _0\"></span>stri<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>flor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span>o l<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>go d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>, 3for<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>lhi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s ce<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e 1<span class=\"_ _0\"></span>00.<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>0 m de<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o si<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ncre<span class=\"_ _0\"></span>tiz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>tr\u00ea<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>arqu<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 3nav<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a P<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>uga<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m cer<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>00.<span class=\"_ _0\"></span>000<span class=\"_ _0\"></span> m. Ao <span class=\"_ _0\"></span>n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> pri<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>l fa<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>mea<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>tivi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>file<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>al do<span class=\"_ _0\"></span> eu<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>to r<span class=\"_ _0\"></span>esi<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>bai<span class=\"_ _0\"></span>xa<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>tivi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>flor<span class=\"_ _3b\"></span>esta <span class=\"_ _0\"></span>port<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>sa, <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>apre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>da in<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>abili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>sce<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>sce<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>c\u00ean<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e fi<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ssan<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>A c<span class=\"_ _0\"></span>onju<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fat<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>sem<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> nos<span class=\"_ _0\"></span> \u00fa<span class=\"_ _0\"></span>lti<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> ano<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nha<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>didas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>\u00e9gi<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Est<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>or, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>obri<span class=\"_ _0\"></span>gad<span class=\"_ _0\"></span>o <span class=\"ls15\">\u00e0 </span>im<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>t\u00e9r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>-pri<span class=\"_ _0\"></span>ma,<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>so q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>etor<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Sen<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>ndu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rial<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>epe<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te d<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>oni<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>at\u00e9ri<span class=\"_ _0\"></span>a-<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>ma em<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ndus<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>iais<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>so p<span class=\"_ _0\"></span>a\u00ed<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>\u00e9 c<span class=\"_ _0\"></span>hoc<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue a<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>apos<span class=\"_ _0\"></span>ta n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>\u00e1re<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>flor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>met<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>sus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bilid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>seto<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>t\u00e2n<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tem <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tuga<span class=\"_ _0\"></span>l. O d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>afi<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>flo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iva <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>como<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>ixo<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>gic<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>olvi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to.<span class=\"_ _0\"></span> En<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r, <span class=\"_ _0\"></span>a Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span> vin<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>mov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> v\u00e1<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nici<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>ir <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nver<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a te<span class=\"_ _0\"></span>nd\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span>Est<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>\u00e1rea<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sde <span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>lhor<span class=\"_ _3b\"></span>adas <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>nie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e um<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>gra<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> mel<span class=\"_ _0\"></span>hor<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>en\u00e9<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>d\u00e9<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>vim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>apo<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>cnic<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> (com<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rog<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Prem<span class=\"_ _0\"></span>ium<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>o e-<span class=\"_ _0\"></span>glo<span class=\"_ _0\"></span>bul<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>poi<span class=\"_ _0\"></span>o t\u00e9<span class=\"_ _0\"></span>cni<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> atr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>zen<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5es <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>rma\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>emen<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> as <span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>Fo<span class=\"_ _0\"></span>rnec<span class=\"_ _0\"></span>edo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>amo<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tend<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsf<span class=\"_ _0\"></span>er\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>etor<span class=\"_ _3b\"></span>). Com<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te, <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>\u00e9s d<span class=\"_ _0\"></span>a B<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nd <span class=\"_ _0\"></span>(a<span class=\"_ _0\"></span>ssoc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span><span class=\"ls2f\">io<span class=\"ls0\">ind\u00fa<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>l<span class=\"ls98\">, </span></span></span>re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>s gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ind<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>tor)<span class=\"_ _0\"></span>, a <span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>\u00e9m<span class=\"_ _0\"></span> cola<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>o no <span class=\"_ _0\"></span>Pr<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>a M<span class=\"_ _0\"></span>elh<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Eu<span class=\"_ _0\"></span>calip<span class=\"_ _0\"></span>to,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> \u201cLim<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span> &amp; <span class=\"_ _0\"></span>Adu<span class=\"_ _0\"></span>ba\u201d<span class=\"_ _0\"></span>. Ao<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>igo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a in<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Bio<span class=\"_ _0\"></span>nd <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>a sua<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>adu<span class=\"_ _0\"></span>ba\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>cel<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>cula<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> se can<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>ama<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>lim<span class=\"_ _0\"></span>pem<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>opri<span class=\"_ _0\"></span>eda<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tais<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>uca<span class=\"_ _0\"></span>lip<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>. Es<span class=\"_ _0\"></span>ta me<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>pot<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e, p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>mite<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>c\u00ea<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>rga<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ust\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>cel<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pact<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e 1<span class=\"_ _0\"></span>5.0<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span> h<span class=\"_ _0\"></span>a du<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21 <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 14.<span class=\"_ _0\"></span>55<span class=\"_ _0\"></span>0 ha<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, <span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>umul<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 47.<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>0 h<span class=\"_ _0\"></span>a j<span class=\"_ _0\"></span>\u00e1 in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span> Bi<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>\u00e1 a<span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>2 p<span class=\"_ _0\"></span>rog<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>adi<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> o<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>anta<span class=\"_ _0\"></span>r -<span class=\"_ _0\"></span> </span></span>qu<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>a fo<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>opr<span class=\"_ _0\"></span>iet\u00e1r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>apoi<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>iret<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>s fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>is d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>cali<span class=\"_ _0\"></span>pto<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>hect<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 no<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onc<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ho d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Ped<span class=\"_ _0\"></span>r\u00f3g<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>ande<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>m com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nici<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ig<span class=\"_ _0\"></span>ual t<span class=\"_ _0\"></span>eo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> R<span class=\"_ _0\"></span>ecu<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>\u00c1re<span class=\"_ _0\"></span>as A<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>- vi<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> </span></span>\u00e1re<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> ar<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>stig<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>16<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>18 p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>lit<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>as \u00e1re<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>al (<span class=\"_ _0\"></span>40<span class=\"_ _0\"></span>0 h<span class=\"_ _0\"></span>ect<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>exe<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os em<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2). A a<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>cos <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>c\u00ean<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>fit<span class=\"_ _0\"></span>oss<span class=\"_ _0\"></span>anid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>acr<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um amb<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>egul<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>\u00f3ri<span class=\"_ _0\"></span>o fo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>emen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tal <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>onal<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>m le<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m de<span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>imo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s n\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ven\u00e7\u00e3<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>la,<span class=\"_ _0\"></span> cuj<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>dica<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>avan<span class=\"_ _0\"></span>\u00e7ad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>a ev<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>u\u00e7\u00e3o<span class=\"_ _0\"></span> (r<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>a) d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> \u00e1r<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tais<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as o<span class=\"_ _0\"></span>u re<span class=\"_ _0\"></span>flo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>stad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>a\u00eds.<span class=\"_ _0\"></span> A s<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>um s<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>gran<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>n\u00fa<span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>eque<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s F<span class=\"_ _0\"></span>orn<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>rvi<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s, e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e1 de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> n\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vida<span class=\"_ _0\"></span>de (i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>p\u00e9c<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>) q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>noss<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pa\u00eds<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>tem <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>, com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o a <span class=\"_ _0\"></span>sus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bilid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sari<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, f<span class=\"_ _0\"></span>und<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>enta<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>gura<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>as in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es e<span class=\"_ _3b\"></span>m esp<span class=\"_ _0\"></span>a\u00e7o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ural<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>tem <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>r r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co e<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gi\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>pa\u00ed<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>one<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nific<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> mu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>fam\u00ed<span class=\"_ _0\"></span>lia<span class=\"_ _0\"></span>s. No<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>diz<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spei<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nc\u00ean<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>os r<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s, o<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> a at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>se en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xpo<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>uze<span class=\"_ _0\"></span>m-s<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> seg<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span>s: i.<span class=\"_ _af\"> </span><span class=\"ls0\">Na d<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>rui<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>toc<span class=\"_ _0\"></span>ks<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>uais<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>mad<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pr\u00f3<span class=\"_ _0\"></span>prio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>eiro<span class=\"_ _0\"></span>s;</span>ii.<span class=\"_ _af\"> </span><span class=\"ls0\">Em c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>acr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>scid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>plor<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ster<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>err<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a</span>pl<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o.Ne<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>ria,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>plor<span class=\"_ _3b\"></span>a\u00e7\u00f5es<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>poss<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>i a<span class=\"_ _0\"></span> prim<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>nha de<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>tig<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>te r<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> Ac<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ce <span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>sfo<span class=\"_ _0\"></span>r\u00e7o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e Ino<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>De<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>lvi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e vi<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>pta<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>t\u00e9c<span class=\"_ _0\"></span>nic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> sil<span class=\"_ _0\"></span>vic<span class=\"_ _0\"></span>ultu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>alid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l,<span class=\"_ _0\"></span> vis<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a mi<span class=\"_ _0\"></span>tig<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>lho<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>r\u00e1<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a C<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>hia <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>os op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ador<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado. De <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>med<span class=\"_ _0\"></span>idas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>is s<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>met<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>upul<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>o cum<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e b<span class=\"_ _0\"></span>iod<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>rsi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> ade<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ane<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>stal<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>a e<span class=\"_ _3b\"></span>xecut<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>e a <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>ute<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cami<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e vi<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ada <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> \u00e1r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>exp<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ar r<span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>v\u00e2<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ga\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>c\u00eand<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>. Par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>l\u00e9<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rtic<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> ag<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Afo<span class=\"_ _0\"></span>celc<span class=\"_ _0\"></span>a <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> u<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>upa<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>ple<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> </span></span>de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po N<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>igato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Alt<span class=\"_ _0\"></span>ri <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> esp<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m po<span class=\"_ _0\"></span>r mi<span class=\"_ _3b\"></span>ss\u00e3o <span class=\"_ _0\"></span>apo<span class=\"_ _0\"></span>iar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ate a<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>c\u00ean<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>flor<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s na<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> agr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stri<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>coo<span class=\"_ _0\"></span>rde<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>labo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a Aut<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Pr<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>e\u00e7\u00e3o<span class=\"_ _0\"></span> Ci<span class=\"_ _0\"></span>vil<span class=\"_ _0\"></span> \u2013<span class=\"_ _9b\"> </span><span class=\"ff1\">ANE<span class=\"_ _0\"></span>PC.<span class=\"_ _0\"></span> Es<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> ag<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o g<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um o<span class=\"_ _0\"></span>r\u00e7<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ce<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de 3<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ilh<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> eu<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s, s<span class=\"_ _0\"></span>em</span>fun<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>\u00fabl<span class=\"_ _0\"></span>ico<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> cri<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o um<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>fici<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>flex<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>el,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>olve<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00e1t<span class=\"_ _0\"></span>icas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>cust<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>e\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nimi<span class=\"_ _0\"></span>zar<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rej<span class=\"_ _0\"></span>u\u00edz<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nc\u00ea<span class=\"_ _0\"></span>ndio<span class=\"_ _0\"></span>s fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>is r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ntam<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra a<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> AC<span class=\"_ _0\"></span>E, <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xpl<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>19<span class=\"_ _0\"></span>0 mi<span class=\"_ _0\"></span>l h<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>tare<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m P<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>uga<span class=\"_ _0\"></span>l O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>um i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>titu<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tig<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>o R<span class=\"_ _0\"></span>AIZ,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> sua<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de em<span class=\"_ _0\"></span> 3 <span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>ais:<span class=\"_ _0\"></span> Inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ga\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>Apl<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>da,<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> Fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Na <span class=\"_ _0\"></span>\u00e1re<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>da i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>o R<span class=\"_ _0\"></span>AIZ <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ocu<span class=\"_ _0\"></span>ra:<span class=\"_ _0\"></span> i.<span class=\"_ _af\"> </span><span class=\"ls0\">Aume<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>alip<span class=\"_ _0\"></span>to;</span>ii.<span class=\"_ _af\"> </span><span class=\"ls0\">Melh<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ar a<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uali<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>fibr<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oduz<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>eira<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>\u00e9cie<span class=\"_ _0\"></span>;</span>iii<span class=\"_ _0\"></span>.<span class=\"_ _af\"> </span>Imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>ges<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pon<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>\u00f3mic<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>bie<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>;iv<span class=\"_ _0\"></span>.<span class=\"_ _af\"> </span>Indu<span class=\"_ _0\"></span>zi<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>r\u00e1<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>cess<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ten<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nui\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o damad<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>.9.1.2.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Risco<span class=\"_ _1\"></span>s associados<span class=\"_ _1\"></span> \u00e0 produ\u00e7\u00e3o e<span class=\"_ _1\"></span> comercializa\u00e7\u00e3<span class=\"_ _1\"></span>o de pasta BEKP<span class=\"_ _1\"></span>, </span>papel UWF e p<span class=\"_ _1\"></span>apel <span class=\"ff8\">tissue<span class=\"_ _1\"></span></span> Abastecimento de mat\u00e9rias-primas O a<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>(m<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>eni<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>im\u00f3<span class=\"_ _0\"></span>nio<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> arr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>) p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>BEK<span class=\"_ _0\"></span>P \u00e9<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> cer<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 11<span class=\"_ _0\"></span>% d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ssid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> (2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1: <span class=\"_ _0\"></span>18%<span class=\"_ _0\"></span>). <span class=\"_ _0\"></span>Po<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>ste <span class=\"_ _0\"></span>fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>nece<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de, <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>gul<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rrer<span class=\"_ _0\"></span> \u00e0 com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de m<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cado<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span> ins<span class=\"_ _0\"></span>ufi<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e),<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>hol<span class=\"_ _0\"></span> <span class=\"ff9\">e <span class=\"_ _0\"></span>ao<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>n\u00e3o <span class=\"_ _0\"></span>eur<span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>\u201cex<span class=\"_ _0\"></span>trai<span class=\"_ _0\"></span>b\u00e9<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a\u201d),<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>alme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e Br<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>il, <span class=\"_ _0\"></span>Ur<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>uai <span class=\"_ _0\"></span>e </span>Mo\u00e7<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>(pr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>eni<span class=\"_ _0\"></span>ente<span class=\"_ _3b\"></span>, ess<span class=\"_ _0\"></span>enc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>lme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>VG)<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>acr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>o com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l po<span class=\"_ _0\"></span>r r<span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>e.  O a<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>nam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>acion<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>nom<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>dam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ucal<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, es<span class=\"_ _0\"></span>t\u00e1 <span class=\"_ _0\"></span>suj<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, o <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tem con<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>as de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a BE<span class=\"_ _0\"></span>KP<span class=\"_ _0\"></span>. Ac<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>e q<span class=\"_ _0\"></span>ue a<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>ola<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>log<span class=\"_ _0\"></span>\u00eds<span class=\"_ _0\"></span>tica<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>spor<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>adei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> \u00e0s <span class=\"_ _0\"></span>f\u00e1b<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> tam<span class=\"_ _0\"></span>b\u00e9<span class=\"_ _0\"></span>m im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>feit<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>\u00e7os<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>bus<span class=\"_ _0\"></span>t\u00edve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> uti<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>os, <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>tr\u00f3<span class=\"_ _0\"></span>leo<span class=\"_ _0\"></span>, m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>vio<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> dim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>em o<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>miz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>etor<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span>cil<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fre<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>ar\u00ed<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>os. Est<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>ovas<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>jei<span class=\"_ _0\"></span>ta \u00e0<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a po<span class=\"_ _0\"></span>l\u00edt<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tri\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>sci<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e \u00e1<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> pod<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> lim<span class=\"_ _0\"></span>itar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>cion<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, n\u00e3o<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>tant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m m<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>tas <span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>aju<span class=\"_ _0\"></span>dar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>, en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>apo<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nder<span class=\"_ _0\"></span> \u00e0<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> Com<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>(pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>) ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tific<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>ncr<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as \u00e1<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>as ex<span class=\"_ _0\"></span>iste<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>aior<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>spon<span class=\"_ _0\"></span>ibi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>\u00e9ri<span class=\"_ _0\"></span>a-pr<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>acio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>curs<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e0 im<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r\u00e1 <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>mpre<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>vit<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>o/<span class=\"_ _0\"></span>m\u00e9di<span class=\"_ _0\"></span>o/l<span class=\"_ _0\"></span>ong<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>zo. Pe<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>ufi<span class=\"_ _0\"></span>ci\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>nac<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>quan<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m de<span class=\"_ _0\"></span> aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> mad<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>sej<span class=\"_ _3b\"></span>a de <span class=\"_ _0\"></span>Espa<span class=\"_ _0\"></span>nha<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ros <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>r o <span class=\"_ _0\"></span>abas<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>\u00e0s <span class=\"_ _0\"></span>f\u00e1b<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>na(<span class=\"_ _0\"></span>s)<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3xi<span class=\"_ _0\"></span>ma(s<span class=\"_ _0\"></span>) d\u00e9<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a(s<span class=\"_ _0\"></span>). Imp<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>send<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a ma<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>pais<span class=\"_ _0\"></span> cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span>, 3qu<span class=\"_ _0\"></span>alq<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> ag<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>cust<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>m de<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>deir<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> eu<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>ipt<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>BEK<span class=\"_ _0\"></span>P <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>mpre<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>egat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>nos r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>iona<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>. Re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>t\u00e9r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span>-pr<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>omea<span class=\"_ _0\"></span>dam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>dut<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>qu\u00ed<span class=\"_ _0\"></span>mic<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, o <span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>pal<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>sez<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nibi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>utos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>\u00e7a<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>proc<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>dut<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a \u00c1s<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cado<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span>s aba<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>\u00e7a<span class=\"_ _0\"></span>m, <span class=\"_ _0\"></span>que<span class=\"_ _3b\"></span> pode<span class=\"_ _0\"></span>r\u00e3<span class=\"_ _0\"></span>o cr<span class=\"_ _0\"></span>iar<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>l\u00edb<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>s po<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e of<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>a. 3Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>agr<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 1<span class=\"_ _0\"></span>0%<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, \u00e0<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>ta,<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o m de<span class=\"_ _0\"></span> mad<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> eu<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>ipt<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sumi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a BE<span class=\"_ _0\"></span>KP<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u20ac41<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>000 <span class=\"_ _0\"></span>(31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1: \u20ac3<span class=\"_ _0\"></span>1.4<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>.000<span class=\"_ _0\"></span>).<span class=\"ff1\"> </span>A e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>spei<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Navig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>conj<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>Al<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>abele<span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 20<span class=\"_ _0\"></span>18<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> Agr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o C<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> Pul<span class=\"_ _0\"></span>p <span class=\"_ _0\"></span>Che<span class=\"_ _0\"></span>m, A<span class=\"_ _0\"></span>CE <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>o \u00e0<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o c<span class=\"_ _0\"></span>onj<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ta </span></span></span></span>de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>s qu<span class=\"_ _0\"></span>\u00edmi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>ben<span class=\"_ _0\"></span>efic<span class=\"_ _0\"></span>ian<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>omi<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cala<span class=\"_ _0\"></span> e,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>m, <span class=\"_ _0\"></span>miti<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>. O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ocu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>mit<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>stes<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>cos <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m <span class=\"ff7\">so<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>cing<span class=\"ff1\"> <span class=\"_ _0\"></span><span class=\"lsd\">pr<span class=\"ls0\">oa<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ura <span class=\"_ _0\"></span>a </span></span></span></span>id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>bast<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ers<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ograf<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>da ass<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>abas<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>raz<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> lh<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>asse<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span> n\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>olu<span class=\"_ _0\"></span>me,<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>o e qu<span class=\"_ _0\"></span>alid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>at\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>sito<span class=\"_ _0\"></span>s. Fi<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte,<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>utro<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>urso<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00e1rio<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara <span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>so p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>\u00e1gu<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span>Sen<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>\u00e1gu<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m re<span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nit<span class=\"_ _0\"></span>o e <span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e0 su<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>v\u00e2n<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ocess<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>odut<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>ta e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>miu <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>reo<span class=\"_ _0\"></span>cup<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>va\u00e7\u00e3<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>, ao<span class=\"_ _0\"></span> l<span class=\"_ _0\"></span>ong<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00fal<span class=\"_ _0\"></span>timos<span class=\"_ _0\"></span> ano<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>du\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>te i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>. N<span class=\"_ _0\"></span>o \u00e2<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Pro<span class=\"_ _0\"></span>gram<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>du\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>Us<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> \u00c1g<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>(PR<span class=\"_ _0\"></span>UA)<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>foi <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ss\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>duz<span class=\"_ _0\"></span>ir <span class=\"_ _0\"></span>em 1<span class=\"_ _0\"></span>0%<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>iliz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>\u00e1gu<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>exo<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ustr<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>19<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> bas<span class=\"_ _0\"></span>e)<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>2022<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o-<span class=\"_ _0\"></span>se d<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>nui<span class=\"_ _0\"></span>r o<span class=\"_ _0\"></span> uso<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>curs<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em, <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> 33<span class=\"_ _0\"></span>% a<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span> 203<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span> Es<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>cami<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>faz<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>arte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>gia <span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>gen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> e q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>t\u00e1 <span class=\"_ _0\"></span>a se<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>siste<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00f3xi<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ngi<span class=\"_ _0\"></span>r o<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>da sua<span class=\"_ _0\"></span> Ag<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>30. Pre\u00e7o de mercado da pasta BEKP, papel UWF e papel <span class=\"ff8\">tissue</span> Des<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>uil\u00ed<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>la\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> ofer<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>/p<span class=\"_ _0\"></span>roc<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a BE<span class=\"_ _0\"></span>KP<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l U<span class=\"_ _0\"></span>WF<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> ti<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>e<span class=\"ff1\"> p<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>mpac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>re\u00e7<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>teme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tabil<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o </span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Os <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> BE<span class=\"_ _0\"></span>KP <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> UW<span class=\"_ _0\"></span>F e<span class=\"_ _0\"></span> <span class=\"ff7\">t<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>ue<span class=\"ff1\"> <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> for<span class=\"_ _3b\"></span>mados<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> </span></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> mu<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>regi<span class=\"_ _0\"></span>me <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onc<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia <span class=\"_ _0\"></span>glo<span class=\"_ _0\"></span>bal<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> inf<span class=\"_ _0\"></span>lue<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as re<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>am,<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>lme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> alt<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>a e <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ocur<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>mund<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>is e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a si<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n\u00f3mi<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>e fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> dif<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> ag<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>veni<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>stes<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>(Pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>es,<span class=\"_ _0\"></span> Tra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span><span class=\"ff1\">, D<span class=\"_ _0\"></span>istr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>uido<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>Clie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>tc<span class=\"_ _0\"></span>.) a<span class=\"_ _0\"></span> n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>undia<span class=\"_ _0\"></span>l,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>voc<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> dif<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> </span>suc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>n\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>\u00e7os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>uil\u00ed<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a vo<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>o g<span class=\"_ _0\"></span>lob<span class=\"_ _0\"></span>al.<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>BEK<span class=\"_ _0\"></span>P e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> pel<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue,<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>ntu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>, v<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nif<span class=\"_ _0\"></span>icati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>apa<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du\u00e7\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ode<span class=\"_ _0\"></span>r\u00e3o<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>um im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>exp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>e\u00e7o<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>undi<span class=\"_ _0\"></span>al. <span class=\"_ _0\"></span>Est<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>t\u00ea<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>uir <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>\u00e9gi<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>mark<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span><span class=\"ff7\">br<span class=\"_ _0\"></span>andi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span><span class=\"ff1\"> <span class=\"lsd\">del</span>ine<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>eali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>r i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> </span></span>si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>lho<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>r a <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utivid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>os di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a qu<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de.<span class=\"_ _0\"></span>  Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>agr<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 1<span class=\"_ _0\"></span>0%<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>e\u00e7o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>qu\u00ed<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>cos <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ria re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>nega<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>acion<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> \u20ac2<span class=\"_ _0\"></span>5.2<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>.000<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>zem<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21:<span class=\"_ _0\"></span> \u20ac<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>.300<span class=\"_ _0\"></span>.0<span class=\"_ _0\"></span>00)<span class=\"_ _0\"></span>.<span class=\"ff1\"> </span>Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>0% <span class=\"_ _0\"></span>no p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>\u00e7o,<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r t<span class=\"_ _0\"></span>one<span class=\"_ _0\"></span>lad<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>ta BEK<span class=\"_ _0\"></span>P e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>5% <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>tone<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>UW<span class=\"_ _0\"></span>F e <span class=\"_ _0\"></span><span class=\"ff7\">ti<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>e<span class=\"ff1\"> v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>o </span></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ntad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>um i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>acto<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nais<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ce<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e \u20ac2<span class=\"_ _0\"></span>0.9<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>.000<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac<span class=\"_ _0\"></span>101<span class=\"_ _0\"></span>.40<span class=\"_ _0\"></span>0.0<span class=\"_ _0\"></span>00,<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te (<span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2021<span class=\"_ _0\"></span>: \u20ac<span class=\"_ _0\"></span>17<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0.0<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span> e \u20ac6<span class=\"_ _0\"></span>5.4<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span><span class=\"ff1\">0, <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>). </span>Procura dos produtos do Grupo Sem<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rej<span class=\"_ _0\"></span>u\u00edz<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u00e0 c<span class=\"_ _0\"></span>onc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tra\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Clie<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> do Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> eve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ui\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ocu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> BE<span class=\"_ _0\"></span>KP, <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>WF e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span><span class=\"ff7\">tiss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span><span class=\"ff1\"> nos<span class=\"_ _0\"></span> </span></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s da<span class=\"_ _0\"></span> Un<span class=\"_ _0\"></span>i\u00e3<span class=\"_ _0\"></span>o E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>opei<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> Es<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>Uni<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>\u00e1 t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> sig<span class=\"_ _0\"></span>nif<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>as ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po.<span class=\"_ _0\"></span> A <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>BEK<span class=\"_ _0\"></span>P p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>pen<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>mb\u00e9<span class=\"_ _0\"></span>m da<span class=\"_ _0\"></span> ev<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o da<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>stal<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l a <span class=\"_ _0\"></span>n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> mu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ial,<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cipai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>Clie<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>BEK<span class=\"_ _0\"></span>P d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l. A p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pap<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>scri<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>\u00e1 r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m f<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span>es mac<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>on\u00f3<span class=\"_ _0\"></span>mic<span class=\"_ _0\"></span>os (<span class=\"_ _0\"></span>p.<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> evo<span class=\"_ _0\"></span>lu\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> PIB<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>omead<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ofis<span class=\"_ _0\"></span>s\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span><span class=\"ff7\">whit<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>r<span class=\"ff1 ls10\">, </span></span>\u00edn<span class=\"_ _0\"></span>dice<span class=\"_ _3b\"></span>s de <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>fia<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span>), <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>cnol\u00f3<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s (p<span class=\"_ _0\"></span>.e<span class=\"_ _0\"></span>. p<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tecno<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>gia<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nfor<span class=\"_ _3b\"></span>ma\u00e7\u00e3o<span class=\"_ _0\"></span> e har<span class=\"_ _0\"></span>dw<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>/so<span class=\"_ _0\"></span>ft<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nadam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>elac<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>cnol<span class=\"_ _0\"></span>ogi<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esar<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>emog<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>\u00e1fi<span class=\"_ _0\"></span>cos (<span class=\"_ _0\"></span>p.<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> pop<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>n\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>t\u00e1ri<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>da soc<span class=\"_ _0\"></span>ied<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e)<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span> evo<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>es f<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nfl<span class=\"_ _0\"></span>uen<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ocu<span class=\"_ _0\"></span>ra d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> pos<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>ivam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue, <span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>oss<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nd\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>lu\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mo de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>\u00e9 ne<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>a\u00ed<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>dese<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>vido<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>tiva<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>st\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>a\u00ed<span class=\"_ _0\"></span>ses <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>erg<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>/em de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>vim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to.<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>atur<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sem<span class=\"_ _0\"></span>pen<span class=\"_ _0\"></span>ho <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>epe<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tamb<span class=\"_ _0\"></span>\u00e9m<span class=\"_ _0\"></span> da ev<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o da<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>rso<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>a. No<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>\u00e0 pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a de <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>uca<span class=\"_ _0\"></span>lipt<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e1 <span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te e<span class=\"_ _0\"></span>m l<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ga me<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o-<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> gr<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>e im<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>cri<span class=\"_ _0\"></span>ta,<span class=\"_ _0\"></span> <span class=\"ff7\">t<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>sue<span class=\"ff1\"> <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ocu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>chin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tip<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ta </span></span>re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 1/3<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>ocu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> mu<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>az <span class=\"_ _0\"></span>da C<span class=\"_ _0\"></span>hin<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>tant<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> dr<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ocur<span class=\"_ _0\"></span>a.<span class=\"_ _0\"></span> Qua<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span><span class=\"ff7\">tis<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e<span class=\"ff1\">, <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>var<span class=\"_ _0\"></span>i\u00e1v<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> ch<span class=\"_ _0\"></span>ave<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>flue<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>am a<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>roc<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tip<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>l s<span class=\"_ _0\"></span>\u00e3o: </span></span>\uf02d<span class=\"ffb\"> <span class=\"_ _41\"> </span><span class=\"ff1\">Cres<span class=\"_ _0\"></span>cime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>n\u00f3m<span class=\"_ _0\"></span>ico<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>do; </span></span>\uf02d<span class=\"ffb\"> <span class=\"_ _41\"> </span><span class=\"ff1\">Cres<span class=\"_ _0\"></span>cime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pop<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> out<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>gr\u00e1<span class=\"_ _0\"></span>fica<span class=\"_ _0\"></span>s e<span class=\"_ _3b\"></span> soci<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>; </span></span>\uf02d<span class=\"ffb\"> <span class=\"_ _41\"> </span><span class=\"ff1\">N\u00edvel<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nvol<span class=\"_ _3b\"></span>vimen<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>io, <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>adam<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>turi<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>o; </span></span>\uf02d<span class=\"ffb\"> <span class=\"_ _41\"> </span><span class=\"ff1\">Padr\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> hi<span class=\"_ _0\"></span>gie<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> n\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>netr<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>to; </span></span>\uf02d<span class=\"ffb\"> <span class=\"_ _41\"> </span><span class=\"ff1\">Dese<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>lvi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>uali<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pap<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span><span class=\"ff7\">ti<span class=\"_ _0\"></span>ssue<span class=\"_ _0\"></span><span class=\"ff1\"> e<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>cifi<span class=\"_ _0\"></span>ca\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>; e </span></span></span></span>\uf02d<span class=\"ffb\"> <span class=\"_ _41\"> </span><span class=\"ff1\">Efei<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ubst<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ui\u00e7<span class=\"_ _0\"></span>\u00e3o. </span></span>O c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sum<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span><span class=\"ff7\">ti<span class=\"_ _0\"></span>ssue<span class=\"_ _0\"></span><span class=\"ff1\"> n\u00e3<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>uit<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sens<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>l a<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>c\u00edcl<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mia,<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>uito<span class=\"_ _0\"></span> </span></span>em<span class=\"_ _0\"></span>bor<span class=\"_ _3b\"></span>a o co<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> ti<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> mai<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m m<span class=\"_ _0\"></span>aior<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>esci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>\u00f3mi<span class=\"_ _0\"></span>co.<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>arti<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>, u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>re\u00e7<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ode<span class=\"_ _0\"></span> cri<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"ff7\">d<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>ngr<span class=\"_ _0\"></span>adi<span class=\"_ _0\"></span>ng<span class=\"ff1\"> <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>mo. </span></span>A i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>t\u00e2n<span class=\"_ _0\"></span>cia <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> cre<span class=\"_ _0\"></span>sci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>\u00f3mi<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>umo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>e<span class=\"ff1\"> <span class=\"_ _0\"></span>\u00e9 m<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>vide<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>a\u00ed<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s </span></span>em<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>lvi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to.<span class=\"_ _0\"></span> Se<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> n\u00edve<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>ta \u00e9<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>uit<span class=\"_ _0\"></span>o b<span class=\"_ _0\"></span>aix<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> o c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> <span class=\"ff7\">t<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>sue<span class=\"ff1\"> </span></span>te<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> ser<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>zid<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> H\u00e1 <span class=\"_ _0\"></span>um l<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>\u00f3s<span class=\"_ _0\"></span> o q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>mo a<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ler<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span>O c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>on\u00f3m<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>aio<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> dri<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> ti<span class=\"_ _0\"></span>po d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> pop<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ntos<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> bai<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s. N<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ono<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nd\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>eto<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>do T<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ismo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rsp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>va-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>cup<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>adu<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>umo <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>etor<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al, <span class=\"_ _0\"></span>\u00e0 m<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eja<span class=\"_ _0\"></span>m l<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span> \u00e0 m<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>maliz<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>uxo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>tur\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>O p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l <span class=\"ff7\">t<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>sue<span class=\"ff1\"> <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>to q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>nfre<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>mea<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e </span></span>sub<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ui\u00e7\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>tros<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ater<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Em <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>rap<span class=\"_ _0\"></span>art<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a, alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pad<span class=\"_ _0\"></span>r\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> hi<span class=\"_ _0\"></span>gien<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e <span class=\"_ _0\"></span>lim<span class=\"_ _0\"></span>pez<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>soci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>\u00e0 a<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l c<span class=\"_ _0\"></span>rise<span class=\"_ _0\"></span> san<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>r\u00e3o<span class=\"_ _0\"></span> a i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>uls<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sum<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span><span class=\"ff7\">tis<span class=\"_ _0\"></span>sue<span class=\"_ _0\"></span><span class=\"ff1\">. </span></span>As <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>er\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>umid<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r um<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpac<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ocu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>glo<span class=\"_ _0\"></span>bal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> ou <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>rto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>tip<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>r, <span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utos<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om f<span class=\"_ _0\"></span>ibr<span class=\"_ _0\"></span>a vi<span class=\"_ _0\"></span>rge<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>da.<span class=\"fc2\"> </span>Re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span>ria,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ncr<span class=\"_ _0\"></span>eto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>WF e<span class=\"_ _0\"></span> <span class=\"ff7\">t<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>sue<span class=\"ff1\">,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>\u00ea q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>a </span></span>es<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>gia <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g e<span class=\"_ _0\"></span> <span class=\"ff7\">b<span class=\"_ _0\"></span>rand<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"ff1\"> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>vind<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>r,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>soci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a ao<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s </span></span>si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>hor<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>zir<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>alid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>ador<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, l<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>car <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span> prod<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>o me<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ens\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ra,<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ermi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a me<span class=\"_ _0\"></span>nor<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o. Energ<span class=\"ls55\">ia</span> O p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>sso <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>asta<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>l \u00e9<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> aba<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e en<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>gia<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>\u00e9tr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a e <span class=\"_ _0\"></span>vap<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o di<span class=\"_ _0\"></span>sp\u00f5<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>div<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> uni<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>comb<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>gia <span class=\"_ _0\"></span>el\u00e9<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>oge<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>uram<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>und<span class=\"_ _0\"></span>\u00e2nc<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>tre <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>form<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> eve<span class=\"_ _0\"></span>ntu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>plan<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>.  Adi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>alme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ossu<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>cent<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>is t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>moel<span class=\"_ _0\"></span>\u00e9tr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a bi<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>epen<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el,<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>\u00e0 pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a el<span class=\"_ _0\"></span>\u00e9tr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>enov<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>inj<span class=\"_ _0\"></span>e\u00e7\u00e3<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>l\u00e9<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ca. No<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>adr<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>t\u00f3ri<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> a t<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>el\u00e9<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>las cog<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>.  De <span class=\"_ _0\"></span>fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>oda<span class=\"_ _0\"></span>s as<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eno<span class=\"_ _0\"></span>v\u00e1v<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o em<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>go <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>De<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>to-<span class=\"_ _0\"></span>Le<span class=\"_ _0\"></span>i n<span class=\"_ _0\"></span>.\u00ba <span class=\"_ _0\"></span>119<span class=\"_ _0\"></span>-A/<span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 22<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>is con<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o A<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>go 3<span class=\"_ _0\"></span>5.\u00ba <span class=\"_ _0\"></span>-Y<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>me e<span class=\"_ _0\"></span>xc<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>apli<span class=\"_ _0\"></span>c\u00e1ve<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>\u00e0 at<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cog<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o. <span class=\"_ _0\"></span>Est<span class=\"_ _0\"></span>e di<span class=\"_ _0\"></span>plo<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>mit<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>a tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>odal<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gime<span class=\"_ _3b\"></span> re<span class=\"_ _0\"></span>mun<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>t\u00f3<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>, v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ercad<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ssibi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>teri<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>mod<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>rige<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>rmo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>n.\u00ba<span class=\"_ _0\"></span> 2 <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Art<span class=\"_ _0\"></span>.\u00ba <span class=\"_ _0\"></span>6 <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>De<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>to-<span class=\"_ _0\"></span>Lei<span class=\"_ _0\"></span> n.<span class=\"_ _0\"></span>\u00ba 2<span class=\"_ _0\"></span>3/2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>0, d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>25 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Mar<span class=\"_ _0\"></span>\u00e7o na <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Adi<span class=\"_ _0\"></span>cion<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>\u00e9m <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tral<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>icl<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>\u00e1s <span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>de Set<span class=\"_ _0\"></span>\u00fab<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>\u00e1 s<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rav<span class=\"_ _0\"></span>a em<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>me <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>arci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>etr<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>, pas<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>u n<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>otal<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>gim<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>o. Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>agr<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 1<span class=\"_ _0\"></span>0%<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>e\u00e7o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o da<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>rici<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pen<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>a co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>resu<span class=\"_ _0\"></span>lta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>acio<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> \u20ac1<span class=\"_ _0\"></span>7.<span class=\"_ _0\"></span>300<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0 (<span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21:<span class=\"_ _0\"></span> \u20ac<span class=\"_ _0\"></span>10.<span class=\"_ _0\"></span>800<span class=\"_ _0\"></span>.000<span class=\"_ _0\"></span>).<span class=\"ff1\"> </span>Risco Pa\u00eds - Portugal O <span class=\"ls0\">Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>rtu<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span>. A <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>t\u00e1 <span class=\"_ _0\"></span>alic<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00e7ad<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m </span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>uj<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>al l<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>rtu<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span>. D<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma,<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>20%<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>mat\u00e9<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a-pr<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>\u00e9m <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> flor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ugu<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>as. O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> \u00e9 o<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>maio<span class=\"_ _0\"></span>r ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ador<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m P<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> mai<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> Ac<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sce<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>do Nac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ando<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>xim<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> 1%<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> PIB<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>3% d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> exp<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> nac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e b<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s, p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de 6<span class=\"_ _0\"></span>% <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> tot<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>onte<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>riz<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xpor<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> por<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> nac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s. Ain<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aber<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>undo<span class=\"_ _0\"></span>, a <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nd\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>u pa\u00ed<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>gem<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>erm<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de f<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> exp<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo <span class=\"_ _0\"></span>ao \u00ed<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tuga<span class=\"_ _0\"></span>l. Risco Pa\u00eds - Mo\u00e7ambique Em <span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ude<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>time<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>roj<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Mo\u00e7<span class=\"_ _0\"></span>ambi<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a-se <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sto ao <span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>o es<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c\u00edfi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>\u00eds. <span class=\"_ _0\"></span>Tod<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>ia,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pon<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> de cal<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dar<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>olh<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> For<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ced<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es/<span class=\"_ _0\"></span>Par<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros <span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>geo<span class=\"_ _0\"></span>gr\u00e1<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m si<span class=\"_ _0\"></span>do con<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>acor<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>cau<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tiz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> pass<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m raz<span class=\"_ _0\"></span>o\u00e1<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>l se<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>an\u00e7<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> n\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>r\u00e3o<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>dec<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco.<span class=\"_ _0\"></span> Ne<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>Mo<span class=\"_ _0\"></span>\u00e7am<span class=\"_ _0\"></span>biq<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>\u00e9 e<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>enci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> car<span class=\"_ _0\"></span>iz <span class=\"_ _0\"></span>flo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>vime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>proj<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>ndu<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>. O <span class=\"_ _0\"></span>inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rev<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>r\u00e1 <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r con<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>dua<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> a p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>meir<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>\u00e1 <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>jet<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>odu\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>(<span class=\"ff7\">w<span class=\"_ _0\"></span>oodc<span class=\"_ _0\"></span>hip<span class=\"_ _0\"></span>s<span class=\"ff1\">)<span class=\"_ _0\"></span> e,<span class=\"_ _0\"></span> </span></span>num<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>fas<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>stru<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> f\u00e1<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span>O Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a-se<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tud<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>epar<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>an\u00e7<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>al p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>ssim<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>as con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00e1ria<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> c<span class=\"_ _0\"></span>uj<span class=\"_ _0\"></span>a ma<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>scu<span class=\"_ _0\"></span>ss\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>aut<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>o\u00e7am<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>can<span class=\"_ _0\"></span>as </span></span>\u2013<span class=\"ff1\"> <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>eja<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>unid<span class=\"_ _0\"></span>as. </span>At\u00e9<span class=\"_ _0\"></span> 3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>sp\u00ea<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>to a<span class=\"_ _0\"></span>sce<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>\u20ac13<span class=\"_ _0\"></span>2.6<span class=\"_ _0\"></span>88<span class=\"_ _0\"></span>.73<span class=\"_ _0\"></span>0 (3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>21:<span class=\"_ _0\"></span> \u20ac12<span class=\"_ _0\"></span>4,<span class=\"_ _0\"></span>9 m<span class=\"_ _0\"></span>ilh<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> ess<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cial<span class=\"_ _3b\"></span><span class=\"ff1\">mente<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>\u00e0 p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e </span>te<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>a at<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> pl<span class=\"_ _0\"></span>anta<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>nut<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>lv\u00ed<span class=\"_ _0\"></span>cola<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>lvim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l, g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>err<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>bie<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e \u00e9<span class=\"_ _0\"></span> ho<span class=\"_ _0\"></span>je u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> mai<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>veir<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>flo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de \u00c1f<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>. Con<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>aba<span class=\"_ _0\"></span>lhar<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ced<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a Fas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>MoU<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spon<span class=\"_ _0\"></span>sab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>v\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mada<span class=\"_ _0\"></span>s en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>. Risco Pa\u00eds - EUA O m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> Es<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> Uni<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Am<span class=\"_ _0\"></span>\u00e9r<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a te<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>onde<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>as t<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ap\u00e9i<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>UWF<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>enta<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ao r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pec\u00ed<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> pa\u00ed<span class=\"_ _0\"></span>s. Est<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>i\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xig<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> aval<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xemp<span class=\"_ _0\"></span>lo,<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gul<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>za <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>t\u00e1r<span class=\"_ _0\"></span>ia, <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a\u00e7\u00e3o <span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>art<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> ent<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s g<span class=\"_ _0\"></span>over<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>is e<span class=\"_ _0\"></span> aut<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>t\u00e1r<span class=\"_ _0\"></span>ia.<span class=\"_ _0\"></span>  \u00c0 s<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>han<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>do q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tece<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utor<span class=\"_ _3b\"></span>es de<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>utra<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> (au<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>anos<span class=\"_ _0\"></span>, br<span class=\"_ _0\"></span>asil<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>chin<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span>n\u00e9s<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s), <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>iz <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>pei<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> \u00e0s <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>WF p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> EUA<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m si<span class=\"_ _0\"></span>do,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sde<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>15<span class=\"_ _0\"></span>, al<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ump<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>De<span class=\"_ _0\"></span>parta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>o de<span class=\"_ _3b\"></span>ste p<span class=\"_ _0\"></span>a\u00eds<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ujei<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ump<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nida<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> Uni<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d <span class=\"_ _0\"></span>Sta<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>ent <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rce<span class=\"_ _0\"></span> (D<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>art<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>Est<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>Uni<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> Am\u00e9<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca)<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> ve<span class=\"_ _0\"></span>r N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 4.<span class=\"_ _0\"></span>2.<span class=\"_ _0\"></span> At<span class=\"_ _0\"></span>\u00e9 20<span class=\"_ _0\"></span>2<span class=\"ls16\">2,</span> <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m </span></span>\u20ac<span class=\"ff1\">3<span class=\"_ _0\"></span>2.3<span class=\"_ _0\"></span>34<span class=\"_ _0\"></span>.413<span class=\"_ _0\"></span> -<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> 1 <span class=\"_ _0\"></span>a 7<span class=\"_ _0\"></span> <span class=\"lsd\">(20<span class=\"ls93\">21</span>: </span><span class=\"ff9\">\u20ac<span class=\"_ _0\"></span>30.4<span class=\"_ _0\"></span>82.<span class=\"_ _0\"></span>93<span class=\"_ _0\"></span>5<span class=\"ff1 lsd\">).<span class=\"ls0\"> </span></span></span></span>Concorr\u00eancia O a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>r\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> nos<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> pod<span class=\"_ _0\"></span>e t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nif<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o nos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>\u00e7os<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nseq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>abili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po.<span class=\"_ _0\"></span>  Os <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>tivos<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>lo q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>merc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e nov<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>du\u00e7<span class=\"_ _0\"></span>\u00e3o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>apa<span class=\"_ _0\"></span>cida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>on\u00ed<span class=\"_ _0\"></span>vel <span class=\"_ _0\"></span>pod<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00e1 te<span class=\"_ _0\"></span>r u<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>van<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> nos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>\u00e7os <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>l mu<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>.  Os <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a B<span class=\"_ _0\"></span>EKP <span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>iund<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o he<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>sf\u00e9<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span> sul<span class=\"_ _0\"></span> (n<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>o B<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span>il,<span class=\"_ _0\"></span> Chi<span class=\"_ _0\"></span>le,<span class=\"_ _0\"></span> Ur<span class=\"_ _0\"></span>ugu<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span> e d<span class=\"_ _0\"></span>a In<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>n\u00e9<span class=\"_ _0\"></span>sia<span class=\"_ _0\"></span>), <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te m<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>aixo<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> he<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>f\u00e9<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span> nor<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>t\u00eam <span class=\"_ _0\"></span>vind<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a ad<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>irir<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>eso<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sci<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>, po<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>ausa<span class=\"_ _0\"></span> o po<span class=\"_ _0\"></span>sici<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>odut<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>eur<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>eus <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>. No<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pr\u00f3x<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>os ano<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>Am\u00e9<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a do<span class=\"_ _0\"></span> S<span class=\"_ _0\"></span>ul,<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>\u00e7a<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>glo<span class=\"_ _0\"></span>bal<span class=\"_ _0\"></span>. Est<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s t\u00ea<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>obri<span class=\"_ _0\"></span>gad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zar<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ntos<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> a m<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uzir<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>vada<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade,<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>endo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>rev<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> man<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nha <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span>  Des<span class=\"_ _0\"></span>tac<span class=\"_ _0\"></span>a-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>vim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>esi<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>time<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eto<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>lei<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s E<span class=\"_ _0\"></span>UA,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m fe<span class=\"_ _0\"></span>cho<span class=\"_ _0\"></span>s/<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>acid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tala<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r pa<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e al<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>ns <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>UW<span class=\"_ _0\"></span>F, <span class=\"_ _0\"></span>numa<span class=\"_ _0\"></span> cl<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a te<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>of<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>\u00e0 e<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>ega<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>da p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>t\u00eam<span class=\"_ _0\"></span> oco<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>time<span class=\"_ _3b\"></span>ntos <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>acid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e U<span class=\"_ _0\"></span>WF<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Ch<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>urto<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> m\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span>. O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>tem <span class=\"_ _0\"></span>vin<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>a ad<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>uar<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rat\u00e9<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>a co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>evo<span class=\"_ _0\"></span>lu\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>adr\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>O G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te n<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> EU<span class=\"_ _0\"></span>A, <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>peu<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>. O v<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>nado<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>eur<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>u 65<span class=\"_ _0\"></span>% <span class=\"_ _0\"></span>(20<span class=\"_ _0\"></span>21:<span class=\"_ _0\"></span> 5<span class=\"_ _0\"></span>5%)<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>iu q<span class=\"_ _0\"></span>uo<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>cado<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cul<span class=\"_ _0\"></span>arm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>exp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ssiv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>a\u00eds<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Eur<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>a O<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>ental<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>rin<span class=\"_ _0\"></span>cipa<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rcad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> eu<span class=\"_ _0\"></span>rop<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s. Concentra\u00e7\u00e3o da carteira de Clientes Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>10<span class=\"_ _0\"></span> pri<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>is g<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Cli<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> BE<span class=\"_ _0\"></span>KP <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>5% <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> BE<span class=\"_ _0\"></span>KP <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edod<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>(20<span class=\"_ _0\"></span>21:<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>5%)<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>71%<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>as ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rna<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a B<span class=\"_ _0\"></span>EK<span class=\"_ _0\"></span>P (<span class=\"_ _0\"></span>2021<span class=\"_ _0\"></span>: <span class=\"_ _0\"></span>71%<span class=\"_ _0\"></span>). <span class=\"_ _0\"></span>Est<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>met<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span>gia <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>inte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>past<span class=\"_ _0\"></span>a B<span class=\"_ _0\"></span>EKP<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uz <span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ap\u00e9i<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>UWF <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>duz <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>iali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>. Ain<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sim<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o cr<span class=\"_ _0\"></span>\u00ea <span class=\"_ _0\"></span>exis<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>ouc<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Cl<span class=\"_ _0\"></span>ien<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> na com<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a B<span class=\"_ _0\"></span>EK<span class=\"_ _0\"></span>P. Em <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nd\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>10<span class=\"_ _0\"></span> mai<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Clie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>UWF<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sent<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>39%<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o vo<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>(37<span class=\"_ _0\"></span>% <span class=\"_ _0\"></span>em 20<span class=\"_ _0\"></span>21)<span class=\"_ _0\"></span>. <span class=\"ff8\"> </span>O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>u 1<span class=\"_ _0\"></span>71<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s Cl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2. <span class=\"_ _0\"></span>Tam<span class=\"_ _0\"></span>b\u00e9<span class=\"ls78\">m </span>re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ap\u00e9i<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>UWF<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>segu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>at\u00e9g<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>mit<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>erci<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>\u00e9i<span class=\"_ _0\"></span>s U<span class=\"_ _0\"></span>WF p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ca d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>13<span class=\"_ _0\"></span>0 pa\u00ed<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>it\u00f3r<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>m p<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>1.00<span class=\"_ _0\"></span>0 <span class=\"_ _0\"></span>Cli<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dual<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, pe<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>itin<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>ers<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>once<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>num<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>uzid<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>\u00fam<span class=\"_ _0\"></span>ero<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s e/<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>Cli<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes. Em <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r lan<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span> pl<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>afo<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>mnic<span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>NVG<span class=\"_ _0\"></span> H<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e me<span class=\"_ _0\"></span>lhor<span class=\"_ _3b\"></span>ar o <span class=\"_ _0\"></span>n\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>rvi<span class=\"_ _0\"></span>\u00e7o,<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>inf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>pres<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span> Clie<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. D<span class=\"_ _0\"></span>uran<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>ced<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> ala<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a pl<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>afo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>VG H<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>Unid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e N<span class=\"_ _0\"></span>eg\u00f3<span class=\"_ _0\"></span>cio <span class=\"_ _0\"></span>Ti<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> \u00e0 m<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ria <span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fica<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span><span class=\"ff7\">user<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xpe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ence<span class=\"_ _0\"></span><span class=\"ff1\"> (<span class=\"_ _0\"></span>UX)<span class=\"_ _0\"></span>, g<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>ign<span class=\"_ _0\"></span> 3<span class=\"_ _0\"></span>60\u00ba<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>al, <span class=\"_ _0\"></span>e ao<span class=\"_ _0\"></span> </span></span>lan<span class=\"_ _0\"></span>\u00e7am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>div<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>uncio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>sam<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>orar<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ser<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>\u00e7o <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> Cli<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> oti<span class=\"_ _0\"></span>miz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ocess<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>. P<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> Onl<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>Inte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Mod<span class=\"_ _0\"></span>ulo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ama<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>a \u00e1<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>tif<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o ac<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>anha<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>nvi<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, s\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> alg<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>xem<span class=\"_ _0\"></span>plo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>alid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>em a<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>rar<span class=\"_ _0\"></span> on<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> O N<span class=\"_ _0\"></span>VG <span class=\"_ _0\"></span>Hu<span class=\"_ _0\"></span>b <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> o a<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>22 m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>os, <span class=\"_ _0\"></span>70<span class=\"_ _0\"></span>0 C<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"ff7\">o<span class=\"_ _0\"></span>nb<span class=\"_ _0\"></span>oard<span class=\"_ _0\"></span><span class=\"ff1\"> e<span class=\"_ _0\"></span> a </span></span>man<span class=\"_ _0\"></span>ute<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>axas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e fi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o ao<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>al.<span class=\"_ _0\"></span>  Tam<span class=\"_ _0\"></span>b\u00e9<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff7\">pa<span class=\"_ _0\"></span>ckag<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"ff1\"> <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>uou<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>rev<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>r si<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>is </span></span>bas<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>osit<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2, t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>duz<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a cr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Cli<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es,<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a qu<span class=\"_ _0\"></span>alid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>gK<span class=\"_ _0\"></span>fra<span class=\"_ _0\"></span>ft,<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ervi<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> mar<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>exp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>seto<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>\u00e1re<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>ho <span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tar,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>-com<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rce<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>\u00fast<span class=\"_ _0\"></span>ria <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> ag<span class=\"_ _0\"></span>ricu<span class=\"_ _0\"></span>ltu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>dut<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> des<span class=\"_ _0\"></span>env<span class=\"_ _0\"></span>olv<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ala<span class=\"_ _0\"></span>gens<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span>gm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s da<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>alag<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>x\u00edve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>(gK<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ft <span class=\"_ _0\"></span>FLE<span class=\"_ _0\"></span>X),<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>\u00fast<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os sac<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>(g<span class=\"_ _0\"></span>Kr<span class=\"_ _0\"></span>aft<span class=\"_ _0\"></span> BA<span class=\"_ _0\"></span>G)<span class=\"_ _0\"></span>, e <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>rt\u00e3o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ane<span class=\"_ _0\"></span>lad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>(gK<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ft <span class=\"_ _0\"></span>BOX)<span class=\"_ _0\"></span>.  Ape<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tex<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>croe<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>\u00f3m<span class=\"_ _0\"></span>ico<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sf<span class=\"_ _0\"></span>avo<span class=\"_ _0\"></span>r\u00e1ve<span class=\"_ _0\"></span>l,<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ngi<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>vend<span class=\"_ _0\"></span>as s<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s a \u20ac<span class=\"_ _0\"></span>90<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>lh\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, du<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> o v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>vend<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span><span class=\"ff1 fsb\">A ma<span class=\"_ _0\"></span>rca <span class=\"_ _0\"></span>gK<span class=\"_ _0\"></span>raf<span class=\"_ _0\"></span>t c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tinu<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>a </span>su<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>at\u00e9g<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>esci<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>prod<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>aior<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cres<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>do, <span class=\"_ _0\"></span>impo<span class=\"_ _0\"></span>ndo gra<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>eus <span class=\"_ _0\"></span>arg<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>eren<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>ilida<span class=\"_ _0\"></span>de,<span class=\"_ _0\"></span> mu<span class=\"_ _0\"></span>ito <span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tes na<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>at\u00e9r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span>-p<span class=\"_ _0\"></span>rimas<span class=\"_ _0\"></span> (f<span class=\"_ _3b\"></span>ibra d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>alip<span class=\"_ _0\"></span>to<span class=\"ff7\"> <span class=\"_ _0\"></span>globu<span class=\"_ _3b\"></span>lus<span class=\"ff1\">) <span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>esen<span class=\"_ _0\"></span>ho <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>(es<span class=\"_ _0\"></span>pec<span class=\"_ _0\"></span>ifica<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e </span></span>pro<span class=\"_ _0\"></span>dut<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>al\u00e7a<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cara<span class=\"_ _0\"></span>cter<span class=\"_ _0\"></span>\u00edst<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>supe<span class=\"_ _0\"></span>rf<span class=\"_ _0\"></span>\u00edcie<span class=\"_ _0\"></span>, qu<span class=\"_ _0\"></span>alid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00e3o, <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>u\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> gra<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>gem <span class=\"_ _3b\"></span>com v<span class=\"_ _0\"></span>anta<span class=\"_ _0\"></span>gen<span class=\"_ _0\"></span>s pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>bal<span class=\"_ _0\"></span>ador<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>umid<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>e u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rman<span class=\"_ _0\"></span>ce <span class=\"_ _0\"></span>f\u00eds<span class=\"_ _0\"></span>ica irr<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>een<span class=\"_ _0\"></span>s\u00edv<span class=\"_ _0\"></span>el n<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>tran<span class=\"_ _3b\"></span>sforma<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e u<span class=\"_ _3b\"></span>so fin<span class=\"_ _0\"></span>al)<span class=\"_ _0\"></span>. <span class=\"fsa\"> </span>No<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>e<span class=\"ff1\">,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> <span class=\"ff7\">tis<span class=\"_ _0\"></span>sue<span class=\"_ _0\"></span><span class=\"ff1\"> as<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>rca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span><span class=\"ls16\">98<span class=\"ls0\"> </span></span></span></span></span></span>mi<span class=\"ls0\">lh<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> eu<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> <span class=\"ls82\">(+</span>3<span class=\"_ _0\"></span>6%<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span><span class=\"ls16\">202<span class=\"ls0\">1),<span class=\"_ _0\"></span> mui<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pul<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> pel<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span> </span></span></span>bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>glo<span class=\"_ _0\"></span>bal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> ba<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>sif<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ada <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> c<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>60<span class=\"_ _0\"></span>0 <span class=\"_ _0\"></span>Clie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com </span></span>com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> o q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>sifi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>sus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt\u00e1<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>a at<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de </span></span>com<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l. O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>jet<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>expa<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ir <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span><span class=\"ff7\">tiss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span><span class=\"ff1\"> par<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> </span></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>no,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>adam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen\u00e7<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>spa<span class=\"_ _0\"></span>nha<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>r\u00e7a<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>prod<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cab<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>. 9.1.3.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Risco<span class=\"_ _1\"></span>s associados<span class=\"_ _1\"></span> \u00e0 produ\u00e7\u00e3o d<span class=\"_ _1\"></span>e energia<span class=\"_ _1\"></span> </span>O a<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>002 <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>mar<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>do p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>xto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xtr<span class=\"_ _0\"></span>ao<span class=\"_ _0\"></span>rdi<span class=\"_ _0\"></span>nari<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cula<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>do g\u00e1<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>acab<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> por<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>dire<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>e\u00e7o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e en<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>gia <span class=\"_ _0\"></span>el\u00e9<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>. Ne<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>texto<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>a-s<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>leg<span class=\"_ _0\"></span>isl<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cab<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ofr<span class=\"_ _0\"></span>er alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>faz<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>fac<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>text<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>trao<span class=\"_ _0\"></span>rdi<span class=\"_ _0\"></span>n\u00e1ri<span class=\"_ _0\"></span>o. A p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ergi<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>el\u00e9<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ca \u00e9<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ort\u00e2<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ossi<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a val<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>urso<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>d\u00f3<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>no r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ov\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> bi<span class=\"_ _0\"></span>omas<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>odu\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>ta BEK<span class=\"_ _0\"></span>P. <span class=\"_ _0\"></span>Os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ergi<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a aos<span class=\"_ _0\"></span> F<span class=\"_ _0\"></span>orn<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>edo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o ge<span class=\"_ _0\"></span>rar<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> bi<span class=\"_ _0\"></span>oma<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>flor<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s su<span class=\"_ _0\"></span>as ex<span class=\"_ _0\"></span>plo<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s, e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>\u00eand<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>pa\u00ed<span class=\"_ _0\"></span>s. Com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>a ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> bi<span class=\"_ _0\"></span>oma<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>oni<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>ile<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>ru\u00ed<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>009 <span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntra<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> ter<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>el\u00e9<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>bio<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ssa <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gia<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>\u00e9tr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>v\u00e1v<span class=\"_ _0\"></span>el,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ram <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> la<span class=\"_ _0\"></span>bor<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>len<span class=\"_ _0\"></span>a. O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> foi<span class=\"_ _0\"></span> pi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>eiro<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> tem<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>lve<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>come<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ciali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> bi<span class=\"_ _0\"></span>omas<span class=\"_ _0\"></span>sa,<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>aba<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>uas <span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>oge<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ov\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cent<span class=\"_ _0\"></span>rai<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>erm<span class=\"_ _0\"></span>oel<span class=\"_ _0\"></span>\u00e9tr<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> bi<span class=\"_ _0\"></span>oma<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>num<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>or a<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>anq<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>vas uni<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>erm<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>u-l<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>r u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto d<span class=\"_ _0\"></span>e mat<span class=\"_ _0\"></span>\u00e9r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>-pri<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>forma<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l.<span class=\"_ _0\"></span>  Os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> exi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>al s<span class=\"_ _0\"></span>\u00f3 c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>plam<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>bio<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>flo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>l re<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>BFR)<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>za\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>mad<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gia<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>\u00e9t<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a.  Em <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>enq<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>leg<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>tac<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>iplo<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span>:  i.<span class=\"ffb ls0\"> <span class=\"_ _9c\"> </span><span class=\"ff1\">Dec<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>to-<span class=\"_ _0\"></span>Le<span class=\"_ _0\"></span>i n<span class=\"_ _0\"></span>.\u00ba <span class=\"_ _0\"></span>68-<span class=\"_ _0\"></span>A/2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>5 de<span class=\"_ _0\"></span> 3<span class=\"_ _0\"></span>0 de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>l, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stab<span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>ce <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m m<span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span>ria <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> </span></span>ef<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>\u00eanci<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>\u00e9ti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Decr<span class=\"_ _0\"></span>eto<span class=\"_ _0\"></span>-L<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span> n.\u00ba <span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>/2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>0 e <span class=\"_ _0\"></span>Po<span class=\"_ _0\"></span>rta<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span> 14<span class=\"_ _0\"></span>0/2<span class=\"_ _0\"></span>012<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>rev<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a Por<span class=\"_ _3b\"></span>tari<span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>25-<span class=\"_ _0\"></span>A/2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>2, <span class=\"_ _0\"></span>apli<span class=\"_ _0\"></span>c\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>ao r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>RE-<span class=\"_ _0\"></span> Pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o em Re<span class=\"_ _0\"></span>gim<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Espe<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>em c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>\u00e7\u00e3o;<span class=\"_ _0\"></span>  ii.<span class=\"ffb ls0\"> <span class=\"_ _9c\"> </span><span class=\"ff1\">Par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>s C<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> Te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>oel\u00e9<span class=\"_ _0\"></span>tric<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a B<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>(CT<span class=\"_ _0\"></span>B) <span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>stal<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esi<span class=\"_ _0\"></span>dua<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> </span></span>de<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>a el<span class=\"_ _0\"></span>\u00e9tr<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>adr<span class=\"_ _0\"></span>o l<span class=\"_ _0\"></span>ega<span class=\"_ _0\"></span>l \u00e9<span class=\"_ _0\"></span> sup<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>-Le<span class=\"_ _0\"></span>i 33<span class=\"ls0\">-A/<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>05 <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>to p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>-Le<span class=\"_ _0\"></span>i 2<span class=\"_ _0\"></span>25/<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>07<span class=\"_ _0\"></span>, qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>alte<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 15<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>25<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>per\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> </span>de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>emun<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span>anti<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>PR<span class=\"_ _0\"></span>E -<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m R<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>me <span class=\"_ _0\"></span>Es<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>. P<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>stes<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s, o q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>dr<span class=\"_ _0\"></span>o le<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>assim<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nq<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>tari<span class=\"_ _0\"></span>f\u00e1ri<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ev\u00ea<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>\u00f3xi<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span>. iii<span class=\"_ _0\"></span>.<span class=\"ffb\"> <span class=\"_ _2c\"> </span></span>Mais<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>De<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>to-L<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span> n.<span class=\"_ _0\"></span>\u00ba 1<span class=\"_ _0\"></span>20/<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>19,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 22<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ag<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>to,<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>eio<span class=\"_ _0\"></span> cri<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gim<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xtr<span class=\"_ _0\"></span>aor<span class=\"_ _0\"></span>din\u00e1<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a a i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>xplo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>cent<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>is d<span class=\"_ _0\"></span>e val<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> bi<span class=\"_ _0\"></span>oma<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>itu<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>mid<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> \u00e1r<span class=\"_ _0\"></span>eas <span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s cr<span class=\"_ _0\"></span>\u00edti<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>\u00eand<span class=\"_ _0\"></span>io.<span class=\"_ _0\"></span> iv<span class=\"_ _0\"></span>.<span class=\"ffb\"> <span class=\"_ _2c\"> </span></span>Decr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>o-Le<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>n.\u00ba<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>19-A<span class=\"_ _0\"></span>/2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>2 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>, qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>alte<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nj<span class=\"_ _0\"></span>unto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>das no <span class=\"_ _0\"></span>\u00e2mb<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>emi<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>doe<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>d-1<span class=\"_ _0\"></span>9, <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mea<span class=\"_ _0\"></span>dame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>\u00e2mbi<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>me ju<span class=\"_ _0\"></span>r\u00edd<span class=\"_ _0\"></span>ico<span class=\"_ _0\"></span> e r<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>erat<span class=\"_ _0\"></span>\u00f3ri<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>apli<span class=\"_ _0\"></span>c\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>l\u00e9t<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>c\u00e2n<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> \u00fa<span class=\"_ _0\"></span>til pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> cog<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>Dec<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>o-<span class=\"_ _0\"></span>Lei <span class=\"_ _0\"></span>n.<span class=\"_ _0\"></span>\u00ba 23<span class=\"_ _0\"></span>/2<span class=\"_ _0\"></span>010<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>5 d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>\u00e7o,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>eio<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>\u00e0 re<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>esso<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>c\u00edc<span class=\"_ _0\"></span>io d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>no q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> toca<span class=\"_ _0\"></span> \u00e0s <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>cno<span class=\"_ _0\"></span>log<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s ad<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>\u00e0 m<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>an\u00e7<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>s mo<span class=\"_ _0\"></span>dal<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gim<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span>une<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>\u00f3ri<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a mi<span class=\"_ _0\"></span>tig<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>subi<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>e\u00e7o<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>st\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>\u00f3s<span class=\"_ _0\"></span>sei<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>nome<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>\u00e1s <span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ural<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>p\u00f3<span class=\"_ _0\"></span>s-pan<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>a. v.<span class=\"ffb ls0\"> <span class=\"_ _2c\"> </span><span class=\"ff1\">Decr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>o-Le<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>n.\u00ba<span class=\"_ _0\"></span> 3<span class=\"_ _0\"></span>3/2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>e 1<span class=\"_ _0\"></span>4 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Maio<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>ce <span class=\"_ _0\"></span>um m<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ani<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>o ex<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> e </span></span>te<span class=\"_ _0\"></span>mpo<span class=\"_ _0\"></span>r\u00e1<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> cust<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a el<span class=\"_ _0\"></span>\u00e9t<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e2mbi<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> do Me<span class=\"_ _0\"></span>can<span class=\"_ _0\"></span>ism<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Ib\u00e9<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>let<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e. A r<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>tari<span class=\"_ _0\"></span>f\u00e1r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>siva <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>iad<span class=\"_ _0\"></span>a \u00e0<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>a el<span class=\"_ _0\"></span>\u00e9<span class=\"_ _0\"></span>tric<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> esp<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, po<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>\u00e1 c<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>viabi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>\u00f3mi<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>el\u00e9t<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ndado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>os pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>adr<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> le<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>c\u00e1ve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>oge<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00f5es <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>rar<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gime<span class=\"_ _3b\"></span> de<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>toc<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sum<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>ja,<span class=\"_ _0\"></span> aba<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s u<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dus<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>u em<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>lter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a ve<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>a em<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>me d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>o. A p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>oti<span class=\"_ _0\"></span>miz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span> efi<span class=\"_ _0\"></span>ci\u00ea<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s u<span class=\"_ _0\"></span>nidad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span>s<span class=\"ls10\">, </span>a <span class=\"_ _0\"></span>an\u00e1<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ir <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>fon<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>eno<span class=\"_ _0\"></span>v\u00e1ve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span><span class=\"ls10\">, </span>uma<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ngo <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ges<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a, e<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>\u00e1rio<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gia<span class=\"_ _0\"></span> sol<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>tov<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ca e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>toc<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>umo<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a qu<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>tig<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>risco<span class=\"_ _0\"></span>. 9.1.4.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Risco<span class=\"_ _1\"></span>s ambientais<span class=\"_ _1\"></span> </span>Am<span class=\"ls0\">biente regulat\u00f3rio </span>No<span class=\"_ _0\"></span>s \u00fa<span class=\"_ _0\"></span>lti<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> le<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>la\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>a U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>Eur<span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>t\u00e9r<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>ambi<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>vin<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>a to<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> mai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>itiv<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>no q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ita <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>emi<span class=\"_ _0\"></span>ss\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> amb<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ais.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>a le<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> vig<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>div<span class=\"_ _0\"></span>ers<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r\u00e2me<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> (VL<span class=\"_ _0\"></span>Es)<span class=\"_ _0\"></span>.  Em <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o 2<span class=\"_ _0\"></span>014<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xec<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>s\u00e3o <span class=\"_ _0\"></span>201<span class=\"_ _0\"></span>4/<span class=\"_ _0\"></span>687<span class=\"_ _0\"></span>/EU<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>foi<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> o B<span class=\"_ _0\"></span>RE<span class=\"_ _0\"></span>F (Be<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span> Av<span class=\"_ _0\"></span>ail<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Tech<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>log<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>enc<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Doc<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nts<span class=\"_ _0\"></span>) -<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>us\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> Me<span class=\"_ _0\"></span>lho<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s T\u00e9<span class=\"_ _0\"></span>cni<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> Dis<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>n\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Do<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia <span class=\"_ _0\"></span>- p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ores<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>asta<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>t\u00e9m<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s nov<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>mit<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>equ<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ara e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, di<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>4 <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>r as <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>s\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> \u00e0s <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e1ti<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>uip<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>ntos<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Par<span class=\"_ _0\"></span>a al<span class=\"_ _0\"></span>\u00e9<span class=\"_ _0\"></span>m di<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>foi<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>naliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a a di<span class=\"_ _0\"></span>scu<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>t\u00e9cn<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a do<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ocu<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>er\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>des <span class=\"_ _0\"></span>Ins<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>omb<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span>, ta<span class=\"_ _0\"></span>mb\u00e9<span class=\"_ _0\"></span>m j\u00e1 <span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>bli<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> Es<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>doc<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>um i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> eq<span class=\"_ _0\"></span>uipam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>mead<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e nas<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>r\u00e3o<span class=\"_ _0\"></span> abr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>a l<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sla\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>rig<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a no<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>ltr<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rt\u00ed<span class=\"_ _0\"></span>cula<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ald<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>bio<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span>sa.<span class=\"_ _0\"></span> Em <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>15<span class=\"_ _0\"></span>, f<span class=\"_ _0\"></span>oi <span class=\"_ _0\"></span>anal<span class=\"_ _0\"></span>isa<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> e e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>cido <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span>gico<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>que <span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>dapt<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>conj<span class=\"_ _0\"></span>unt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>fut<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>equi<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> \u00e1r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, nom<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>dam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> o d<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>r\u00eanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>or (<span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>s\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>sob<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>Me<span class=\"_ _0\"></span>lhor<span class=\"_ _0\"></span>es T\u00e9c<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> Di<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>n\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> D<span class=\"_ _0\"></span>ocum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>\u00eanc<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> BR<span class=\"_ _0\"></span>EF<span class=\"_ _0\"></span>. De<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>s\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xec<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a </span></span>Com<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>14/<span class=\"_ _0\"></span>68<span class=\"_ _0\"></span>7/U<span class=\"_ _0\"></span>E) <span class=\"_ _0\"></span>e pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> Ins<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> O<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>umen<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>orre<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>onde<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>\u00e0 i<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a 2<span class=\"_ _0\"></span>010<span class=\"_ _0\"></span>/7<span class=\"_ _0\"></span>5/EU<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a a em<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ndus<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>Est<span class=\"_ _0\"></span>\u00e3o e<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ple<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>lter<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s te<span class=\"_ _0\"></span>cno<span class=\"_ _0\"></span>l\u00f3g<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>adeq<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>, b<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>scu<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> nov<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> D<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> Amb<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>l,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ora <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>saf<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s am<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tais<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntre<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>. O P<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Est<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>t\u00e9gi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> Am<span class=\"_ _0\"></span>bie<span class=\"_ _0\"></span>ntal<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ou p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a al<span class=\"_ _0\"></span>\u00e9<span class=\"_ _0\"></span>m da<span class=\"_ _0\"></span>s \u00e1<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>ien<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gul<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>or e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>cum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>poss<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>veri<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>car <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> enc<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>adra<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> nes<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>fica<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>alg<span class=\"_ _0\"></span>umas<span class=\"_ _0\"></span> \u00e1r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> mel<span class=\"_ _0\"></span>hor<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> tec<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>l\u00f3g<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>s\u00f5es<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>atm<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>deir<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> bi<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>assa<span class=\"_ _0\"></span>.  Por<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>o l<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>cump<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om o<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eto<span class=\"_ _0\"></span>-L<span class=\"_ _0\"></span>ei <span class=\"_ _0\"></span>n.\u00ba <span class=\"_ _0\"></span>14<span class=\"_ _0\"></span>7/<span class=\"_ _0\"></span>2008<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>9 d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>unh<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sp\u00f4<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a o n<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o na<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l a<span class=\"_ _0\"></span> Di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tiva <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>04/<span class=\"_ _0\"></span>35/<span class=\"_ _0\"></span>CE,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>bie<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>is ex<span class=\"_ _0\"></span>igi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>aque<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>rmat<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>, g<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>do o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>umpr<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>vigo<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>tig<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>cos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>ture<span class=\"_ _0\"></span>za <span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>l a<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>contr<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>to. No<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>\u00e0 e<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>gim<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>\u00e9r<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>u de<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>fei<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>fa (<span class=\"_ _0\"></span>CELE<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ova<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>a D<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>UE <span class=\"_ _0\"></span>201<span class=\"_ _0\"></span>8/4<span class=\"_ _0\"></span>10,<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 14<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>ar\u00e7<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>ra a D<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>03/<span class=\"_ _0\"></span>87/<span class=\"_ _0\"></span>CE <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>r\u00e7<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o-e<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>\u00e1cia<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>u\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> emi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00f5es <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>cnol<span class=\"_ _0\"></span>ogi<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>hip<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>arb\u00f3<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span> Dir<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span> EU <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>18/<span class=\"_ _0\"></span>410<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>enq<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tre <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s asp<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> CE<span class=\"_ _0\"></span>LE <span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ar e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>2021<span class=\"_ _0\"></span>-2<span class=\"_ _0\"></span>030<span class=\"_ _0\"></span>, no<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>e va<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>car<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> lic<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> CO2 at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span> gr<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>a. Est<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ar\u00e1<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ament<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>sci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> a i<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>\u00fast<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>mad<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m ge<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pape<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>part<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ar, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a uma<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>or\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> CO2qu<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>anu<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>\u00fast<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>. Por<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>acto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>esd<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>h\u00e1 m<span class=\"_ _0\"></span>uit<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>eu <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a s\u00e9<span class=\"_ _0\"></span>rie<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> nat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>al q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>anta<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ns,<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>em p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>miti<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>emi<span class=\"_ _0\"></span>ss\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>CO2. <span class=\"ls0\"> </span>Adi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>alme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>o o <span class=\"_ _0\"></span>Pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>ama <span class=\"_ _0\"></span>Car<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>n N<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>Comp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>sa im<span class=\"_ _0\"></span>ple<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ntar<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>35,<span class=\"_ _0\"></span> mu<span class=\"_ _0\"></span>dan<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>s pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>mizar<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> uti<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>st\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s f\u00f3s<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> e p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nseq<span class=\"_ _0\"></span>u\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>edu<span class=\"_ _0\"></span>zi<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span>s em<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>O2.<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rde<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>foi <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>mei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tugue<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> mun<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, a <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>m 1<span class=\"_ _0\"></span>5 an<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a 2<span class=\"_ _0\"></span>035<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>lex<span class=\"_ _0\"></span>os Indu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m ca<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>ono.<span class=\"_ _0\"></span> Pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> efe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpre<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> ha<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>a j<span class=\"_ _0\"></span>\u00e1 d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>201<span class=\"_ _0\"></span>9, <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> Ro<span class=\"_ _0\"></span>tei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ui p<span class=\"_ _0\"></span>roj<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>base<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> us<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gia,<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esi<span class=\"_ _0\"></span>gnad<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e bi<span class=\"_ _0\"></span>oma<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> sol<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>uito<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>miz<span class=\"_ _0\"></span>ar a<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> CO2 r<span class=\"_ _0\"></span>esul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> mel<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>u d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>mpe<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>g\u00e9<span class=\"_ _0\"></span>tico<span class=\"_ _0\"></span>.  Em <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>iu <span class=\"_ _0\"></span>\u00e0 i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ciat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>a S<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span> Ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d Ta<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>ets<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve <span class=\"_ _0\"></span>(SB<span class=\"_ _0\"></span>Ti)<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>no s<span class=\"_ _0\"></span>egu<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>isso<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mid<span class=\"_ _0\"></span>o na<span class=\"_ _0\"></span> Ag<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>30 <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>gase<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>fei<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ufa<span class=\"_ _0\"></span> (G<span class=\"_ _0\"></span>EE)<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>SBT<span class=\"_ _0\"></span>i. <span class=\"_ _0\"></span>A a<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ova<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>i\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a cli<span class=\"_ _0\"></span>m\u00e1t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>oi <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a SBT<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>\u201ce<span class=\"_ _0\"></span>lem<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o<span class=\"ff1\">-</span>c<span class=\"_ _0\"></span>have<span class=\"_ _0\"></span>\u201d <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a uma<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>aj<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>\u00f3ri<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>arb<span class=\"_ _0\"></span>oniz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>net<span class=\"_ _0\"></span>-ze<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>tal <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>prec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>\u00f3ri<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>aine<span class=\"_ _0\"></span>l Inte<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>nam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tal <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> Mud<span class=\"_ _0\"></span>an\u00e7<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>\u00e1tic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>(IPC<span class=\"_ _0\"></span>C),<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>can<span class=\"_ _0\"></span>\u00e7ar<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s l\u00ed<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s nul<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>eado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> s\u00e9c<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>o. Des<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>seu<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ompr<span class=\"_ _0\"></span>omi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> obj<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3xi<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>d\u00e9<span class=\"_ _0\"></span>cada<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> tor<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> tem<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>evan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o \u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> Ag<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>30<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> gest<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>eg\u00f3<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013</span> <span class=\"_ _0\"></span><span class=\"ff9\">\u201cAlt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> Cli<span class=\"_ _0\"></span>m\u00e1<span class=\"_ _0\"></span>tica<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> F<span class=\"_ _0\"></span>ixa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> CO</span>2\u201d <span class=\"ls0\">\u2013<span class=\"ff1\">,<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rse<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o </span></span>de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>o O<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e D<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>volvi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> Su<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>nt\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>3 (<span class=\"_ _0\"></span>A\u00e7\u00e3o<span class=\"_ _0\"></span> Cl<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>\u00e1ti<span class=\"_ _0\"></span>ca)<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> cau<span class=\"_ _0\"></span>sar<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>s P<span class=\"_ _0\"></span>esso<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> Pl<span class=\"_ _0\"></span>ane<span class=\"_ _0\"></span>ta.<span class=\"_ _0\"></span> Tam<span class=\"_ _0\"></span>b\u00e9<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 a<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>foi<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om a<span class=\"_ _0\"></span> cl<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> m\u00e1<span class=\"_ _0\"></span>xim<span class=\"_ _0\"></span>a (<span class=\"_ _0\"></span>\u201cA\u201d)<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a lid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>\u00e7a mun<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>\u00e0s <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cli<span class=\"_ _0\"></span>m\u00e1t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as, <span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>a pe<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> CD<span class=\"_ _0\"></span>P <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> D<span class=\"_ _0\"></span>iscl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ure <span class=\"_ _0\"></span>Insi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>t </span></span>Act<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n. <span class=\"_ _0\"></span>A E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>art<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>pa <span class=\"_ _0\"></span>tamb<span class=\"_ _0\"></span>\u00e9m<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o C<span class=\"_ _0\"></span>DP <span class=\"_ _0\"></span>For<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t, <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>cado<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>flo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>stal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>to re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>o, l<span class=\"_ _0\"></span>ogo<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>egu<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>mpe<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o de<span class=\"_ _0\"></span> \u201cA<span class=\"_ _0\"></span><span class=\"ff1\">-<span class=\"ff9\">\u201c,<span class=\"_ _0\"></span> oc<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o<span class=\"ff1\"> t<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>\u00e9m<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>\u00edde<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>nest<span class=\"_ _0\"></span>a \u00e1<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>a. </span></span></span>Em <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>u ai<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sfor<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>u\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>bie<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>sere<span class=\"_ _0\"></span>m nov<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ela a<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a ag<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>atin<span class=\"_ _0\"></span>g <span class=\"_ _0\"></span>Sus<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>yti<span class=\"_ _0\"></span>cs<span class=\"_ _0\"></span>, en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>s ve<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> En<span class=\"_ _0\"></span>vir<span class=\"_ _0\"></span>onm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>, So<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>and<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> Gov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ce <span class=\"_ _0\"></span>(am<span class=\"_ _0\"></span>bie<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e, soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span> go<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sar<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>) e<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>trib<span class=\"_ _0\"></span>ui <span class=\"_ _0\"></span>anu<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>uma <span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>erf<span class=\"_ _0\"></span>orma<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span> (d<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>xto<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>etor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l),<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>ovam<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u201cEm<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> Ba<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>o R<span class=\"_ _0\"></span>isco<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>SG\u201d <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span><span class=\"ff1\">Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s<span class=\"ls10\">. </span> </span>As <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ol\u00edt<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a Co<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>opei<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>olvi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e po<span class=\"_ _0\"></span>l\u00edt<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> le<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>la\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> \u00e1re<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>t\u00e9gi<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>stai<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> bi<span class=\"_ _0\"></span>odi<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rsi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>UE, <span class=\"_ _0\"></span>a Dir<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gia<span class=\"_ _0\"></span>s Re<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>v\u00e1ve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>o Si<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>Co<span class=\"_ _0\"></span>m\u00e9r<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>miss<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>UE (<span class=\"_ _0\"></span>ETS<span class=\"_ _0\"></span>), <span class=\"_ _0\"></span>bem<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> a <span class=\"ls0\">Tax<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>omi<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>UE,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Dir<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> R<span class=\"_ _0\"></span>epor<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> In<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> N\u00e3o<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> </span>Sus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>(CS<span class=\"_ _0\"></span>RD)<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> a D<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> Du<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Dili<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>nce d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Sus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Cor<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va (CS<span class=\"_ _0\"></span>DD)<span class=\"_ _0\"></span>. O r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Ta<span class=\"_ _0\"></span>xon<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ia d<span class=\"_ _0\"></span>a U<span class=\"_ _0\"></span>E <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ogre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>u d<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>, m<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a in<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span>za <span class=\"_ _0\"></span>sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> o q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> ec<span class=\"_ _0\"></span>on\u00f3m<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>star<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>\u00e2m<span class=\"_ _0\"></span>bito<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> tax<span class=\"_ _0\"></span>ono<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>\u00e0 m<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span> le<span class=\"_ _0\"></span>gisl<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>olui<span class=\"_ _0\"></span>. U<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>tun<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo a<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>vul<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span>, me<span class=\"_ _0\"></span>lho<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>r\u00e1 <span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>abili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ce\u00e7\u00e3o<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>r\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>los<span class=\"_ _0\"></span> mer<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>apit<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>uen<span class=\"_ _0\"></span>teme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> o cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>. Par<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>alhad<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nic<span class=\"_ _0\"></span>iati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o \u00e2<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ito <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ro<span class=\"_ _0\"></span>tei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> para<span class=\"_ _0\"></span> a ne<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>b\u00f3ni<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or, <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>elh<span class=\"_ _0\"></span>amos<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>osso<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>t\u00f3ri<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de Sus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade. Riscos associados a altera\u00e7\u00f5es clim\u00e1ticas A N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>vind<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nju<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>trat<span class=\"_ _0\"></span>\u00e9g<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>dir<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>r a <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>a pe<span class=\"_ _0\"></span>gad<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>GEE<span class=\"_ _0\"></span>, b<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>mit<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> adap<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s ge<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>las<span class=\"_ _0\"></span> alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>cli<span class=\"_ _0\"></span>m\u00e1t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as. Em <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>zem<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>201<span class=\"_ _0\"></span>5, <span class=\"_ _0\"></span>o Fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l S<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ty <span class=\"_ _0\"></span>Boa<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span> (F<span class=\"_ _0\"></span>SB)<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span> Ta<span class=\"_ _0\"></span>sk <span class=\"_ _0\"></span>For<span class=\"_ _0\"></span>ce <span class=\"_ _0\"></span>on<span class=\"_ _0\"></span> Cli<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>e-re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d <span class=\"_ _0\"></span>Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span> Di<span class=\"_ _0\"></span>scl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>s (T<span class=\"_ _0\"></span>CFD<span class=\"_ _0\"></span>) p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>env<span class=\"_ _0\"></span>olv<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nda\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s pa<span class=\"_ _0\"></span>ra di<span class=\"_ _0\"></span>vul<span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>cla<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nte,<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nfor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ajud<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> a en<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>isco<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>os r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>era\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>lim<span class=\"_ _0\"></span>\u00e1t<span class=\"_ _0\"></span>icas<span class=\"_ _0\"></span>. E<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 <span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>egr<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> TCF<span class=\"_ _0\"></span>D n<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>\u00e9gi<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oces<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span>, ap<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>tand<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>unid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> pot<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ciai<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>finan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>as e <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>t\u00e9g<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ecor<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cli<span class=\"_ _0\"></span>m\u00e1ti<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ost<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>adas<span class=\"_ _0\"></span>. Info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>alh<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> ini<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>enc<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra-s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>div<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>gad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>anex<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>elat<span class=\"_ _0\"></span>\u00f3r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o.  O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nit<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>za <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pot<span class=\"_ _0\"></span>enc<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>a po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra,<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>erf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>os se<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>uxos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>caix<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>rren<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cli<span class=\"_ _0\"></span>m\u00e1ti<span class=\"_ _0\"></span>cas,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>dam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span><span class=\"ls12\">es<span class=\"ls0\"> nas<span class=\"_ _0\"></span> </span></span>es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> jul<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onta<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>l\u00edsti<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>rele<span class=\"_ _0\"></span>van<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s.  Alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>ngo <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>o (25<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> 30<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>) n<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>dr\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>pit<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ca, ev<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> cl<span class=\"_ _0\"></span>im\u00e1t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>xt<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>e t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s m\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>lta<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>o ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>c\u00ea<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>flor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s po<span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>aus<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>dan<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>e \u00e0<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>afe<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>iol<span class=\"_ _0\"></span>\u00f3gi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>e\u00e7os<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span>Eve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os cl<span class=\"_ _0\"></span>im\u00e1<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ext<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>freq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>b\u00e9m<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nter<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>p\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> pro<span class=\"_ _0\"></span>du\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>g\u00eds<span class=\"_ _0\"></span>tica<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>rne<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de m<span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>as-<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ene<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>ia.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>zas<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> cl<span class=\"_ _0\"></span>im\u00e1<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pod<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>nda <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sult<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>roj<span class=\"_ _0\"></span>e\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>uxo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>caix<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>idas<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span>. O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> pos<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>i di<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>mecan<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m vi<span class=\"_ _0\"></span>gor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ados <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>riz<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>mit<span class=\"_ _0\"></span>igar<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sses<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>os po<span class=\"_ _0\"></span>r m<span class=\"_ _0\"></span>eio<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>ges<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>ce.<span class=\"_ _0\"></span> O <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>sob<span class=\"_ _0\"></span>re alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>cli<span class=\"_ _0\"></span>m\u00e1t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>r\u00e1<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>flor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tabe<span class=\"_ _0\"></span>lec<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>anut<span class=\"_ _0\"></span>en\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nser<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a bi<span class=\"_ _0\"></span>odi<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>\u00e9ci<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>e o <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nit<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> dur<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rig<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nc\u00ea<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span>  Ao <span class=\"_ _0\"></span>n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fix<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>ng\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>olic<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>a pe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>dica<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ia\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> ind<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ende<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ute<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> eco<span class=\"_ _0\"></span>n\u00f3m<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span>. C<span class=\"_ _0\"></span>onfo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>erid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>Not<span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>.7<span class=\"_ _0\"></span>, du<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> sol<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>a ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>seu<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>pen<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>a \u00fa<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> cond<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>sole<span class=\"_ _0\"></span>sc\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>unci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al.<span class=\"_ _0\"></span> Ten<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or b<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>os, <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>como<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> inve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>per\u00ed<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>o 2<span class=\"_ _0\"></span>023<span class=\"_ _0\"></span>-2<span class=\"_ _0\"></span>027<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>nome<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ltad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>oni<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>proj<span class=\"_ _3b\"></span>etos <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>abr<span class=\"_ _0\"></span>igo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Pl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e R<span class=\"_ _0\"></span>ecu<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e R<span class=\"_ _0\"></span>esi<span class=\"_ _0\"></span>li\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>u \u00e0<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>\u00fatil<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>us a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>r\u00ean<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>jan<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2, a<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>al de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nou<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac36<span class=\"_ _0\"></span>,8<span class=\"_ _0\"></span> mil<span class=\"_ _0\"></span>h\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>rc\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> m\u00e9<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oxi<span class=\"_ _0\"></span>mada<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, 7<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>\u00fatil<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>\u00edsi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nc\u00ea<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sec<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span>, em <span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>medi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span> da cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>ama<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>opr<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>erda<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>exp<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po. <span class=\"_ _0\"></span>No<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>to,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> fre<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a gr<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s ev<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>umen<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>cli<span class=\"_ _0\"></span>m\u00e1t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> o c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pod<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>r. O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>ita <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>ges<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>stas<span class=\"_ _0\"></span>, b<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o a e<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nc\u00ea<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>flor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> doe<span class=\"_ _3b\"></span>n\u00e7as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sem<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nham<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a mi<span class=\"_ _0\"></span>tig<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> neg<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es <span class=\"_ _0\"></span>cli<span class=\"_ _0\"></span>m\u00e1ti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>s. Con<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>vulg<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m u<span class=\"_ _0\"></span>m p<span class=\"_ _0\"></span>rop<span class=\"_ _0\"></span>\u00f3si<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> cor<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ivo <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a Ag<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Ges<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>30<span class=\"_ _0\"></span> ali<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> Ob<span class=\"_ _0\"></span>jet<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e D<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>envo<span class=\"_ _0\"></span>lv<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o S<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t\u00e1ve<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>Na\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> Uni<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rat\u00e9<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rupo<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tiva<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>t\u00e1v<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>\u00e1vei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a sol<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>f\u00f3ss<span class=\"_ _0\"></span>eis,<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ando<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>idade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>esci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o at<span class=\"_ _0\"></span>rae<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o e <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>omov<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>carb<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>iza\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span>A i<span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>volvi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>s su<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>ci\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>g\u00e9<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>a pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>miti<span class=\"_ _0\"></span>r\u00e3o<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ir <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>cli<span class=\"_ _0\"></span>m\u00e1tic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>post<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>da a<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>saf<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>clim<span class=\"_ _0\"></span>\u00e1ti<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>. A N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>iden<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>ot\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>h <span class=\"_ _0\"></span>flo<span class=\"_ _0\"></span>w li<span class=\"_ _0\"></span>vr<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>posi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rt\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>, se<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>onv<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>lho<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e Ad<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>fac<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u00e0 s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>liq<span class=\"_ _0\"></span>uide<span class=\"_ _0\"></span>z,<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>gati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>van<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>cli<span class=\"_ _0\"></span>m\u00e1t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>stif<span class=\"_ _0\"></span>iqu<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> o r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>heci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e po<span class=\"_ _0\"></span>nha<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cau<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>rin<span class=\"_ _0\"></span>c\u00edpi<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>apli<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>o na<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span>. 9.1.5.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Recur<span class=\"_ _1\"></span>sos hum<span class=\"_ _1\"></span>anos e gest\u00e3o de t<span class=\"_ _1\"></span>alento<span class=\"_ _1\"></span> </span>A g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ecu<span class=\"_ _0\"></span>rso<span class=\"_ _0\"></span>s h<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>anos<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2 <span class=\"_ _0\"></span>foi<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r um<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cord<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>ova<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span> e i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>1.<span class=\"_ _0\"></span>700 <span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>cni<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>acio<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa.<span class=\"_ _0\"></span> O <span class=\"_ _0\"></span>acor<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>que te<span class=\"_ _0\"></span>r\u00e1 <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ois<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>mar<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> hi<span class=\"_ _0\"></span>st\u00f3<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>lme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>um p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ncer<span class=\"_ _0\"></span>tez<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>n\u00f3m<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> soci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>. E<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>do,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>oi <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>u\u00ed<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nju<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span>s si<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>cat<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>gani<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vas <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>alh<span class=\"_ _0\"></span>ador<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> (O<span class=\"_ _0\"></span>RT)<span class=\"_ _0\"></span>, \u00e9 <span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>uci<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a paz<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> na <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span>l\u00e9<span class=\"_ _0\"></span>m di<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> eq<span class=\"_ _0\"></span>uil<span class=\"_ _0\"></span>\u00edbr<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>alc<span class=\"_ _0\"></span>an\u00e7<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>amb\u00e9<span class=\"_ _0\"></span>m p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nar<span class=\"_ _0\"></span>\u00e1 o<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s C<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>abor<span class=\"_ _0\"></span>ador<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o em<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> pri<span class=\"_ _0\"></span>nc\u00ed<span class=\"_ _0\"></span>pio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fund<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ais:<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>r\u00e7<span class=\"_ _0\"></span>o da re<span class=\"_ _0\"></span>mun<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>tilha<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>esa,<span class=\"_ _0\"></span> m\u00e9<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>fat<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>pot<span class=\"_ _0\"></span>enci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>or d<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>mun<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, h<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>di\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>esas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po N<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> o in<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> dis<span class=\"_ _0\"></span>pon<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> Col<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Tam<span class=\"_ _0\"></span>b\u00e9<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Tal<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ve m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>: ba<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>rama<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>t\u00e1g<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>senvo<span class=\"_ _0\"></span>lv<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span> IEF<span class=\"_ _0\"></span>P, c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nteg<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> na Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>acim<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> 70<span class=\"_ _0\"></span>%, <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a im<span class=\"_ _0\"></span>ple<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Mo<span class=\"_ _0\"></span>del<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Fam<span class=\"_ _0\"></span>\u00edli<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>Fun<span class=\"_ _0\"></span>cion<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>clui<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>comu<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o i<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>lab<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>res <span class=\"_ _0\"></span>abr<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nqu<span class=\"_ _0\"></span>e do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>roj<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>o CRE<span class=\"_ _0\"></span>SCE<span class=\"_ _0\"></span>R, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>fas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>agn<span class=\"_ _0\"></span>\u00f3s<span class=\"_ _0\"></span>tico<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span><span class=\"ff7\">ro<span class=\"_ _0\"></span>adm<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span><span class=\"ff1\"> <span class=\"lsd\">de </span></span></span>in<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>\u00e7ar<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3 e<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>24<span class=\"_ _0\"></span>. Do <span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e at<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>plem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>tac<span class=\"_ _0\"></span>a-se<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>a: \uf0b7<span class=\"_ _b1\"> </span><span class=\"ff1 fc6\">Apo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>o R<span class=\"_ _0\"></span>ecr<span class=\"_ _0\"></span>uta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e1gio<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fiss<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>os</span>op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ador<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>av\u00e9s<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>arc<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span> IE<span class=\"_ _0\"></span>FP. <span class=\"_ _0\"></span>No<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsat<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>adm<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s 5<span class=\"_ _0\"></span>8 n<span class=\"_ _0\"></span>ovo<span class=\"_ _0\"></span>sop<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ador<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>onte<span class=\"_ _0\"></span>xt<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>gram<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>u t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>uce<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 92<span class=\"_ _0\"></span>%(p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>age<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e1gi<span class=\"_ _0\"></span>o) <span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>gra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 7<span class=\"_ _0\"></span>2%;\uf0b7<span class=\"_ _b1\"> </span><span class=\"ff1 fc6\">O f<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>abs<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tism<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>como<span class=\"_ _0\"></span> fat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>r\u00edt<span class=\"_ _0\"></span>ico<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>a at<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>v\u00e9<span class=\"_ _0\"></span>s de</span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> v\u00e1<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> Col<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sde<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>nha<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>aix<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> curt<span class=\"_ _0\"></span>ae <span class=\"_ _0\"></span>lon<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span> dur<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o;<span class=\"_ _0\"></span> sa<span class=\"_ _0\"></span>\u00fade<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>aba<span class=\"_ _0\"></span>lho<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> sa<span class=\"_ _0\"></span>\u00fade<span class=\"_ _0\"></span> ocu<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nal;<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o emaj<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mune<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> var<span class=\"_ _0\"></span>i\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>apoi<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>scl<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>cime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>lab<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra apo<span class=\"_ _0\"></span>l\u00edt<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>s en<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>outr<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> ini<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span>;\uf0b7<span class=\"_ _b1\"> </span><span class=\"ff1 fc6\">A i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>or\u00e7<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>uner<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>var<span class=\"_ _0\"></span>i\u00e1<span class=\"_ _0\"></span>vel</span>ati<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>l q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tiu <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>\u00e7ar <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>foc<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>max<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a me<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>mun<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>on\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s Co<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>bor<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s;\uf0b7<span class=\"_ _b1\"> </span><span class=\"ff1 fc6\">Apo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a at<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ale<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>\u00fani<span class=\"_ _0\"></span>or,<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>a po<span class=\"_ _0\"></span>ss\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo r<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>or\u00e7<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>trat<span class=\"_ _0\"></span>\u00e9gi<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e</span>em<span class=\"_ _0\"></span>plo<span class=\"_ _0\"></span>ye<span class=\"_ _0\"></span>r b<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g<span class=\"ff1\"> <span class=\"_ _0\"></span>que <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 5<span class=\"_ _0\"></span>4 <span class=\"_ _0\"></span>trai<span class=\"_ _0\"></span>nee<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>35</span>Est<span class=\"_ _0\"></span>\u00e1g<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Ve<span class=\"_ _0\"></span>r\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>na d<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>amiz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de 2<span class=\"_ _0\"></span>0 <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>jet<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> dis<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>enteem<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esar<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rce<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>entr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>\u00e9 u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>pe\u00e7<span class=\"_ _0\"></span>afun<span class=\"_ _0\"></span>dam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tif<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>amb\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o eapr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>diz<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>ua;\uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">Impl<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> nov<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>adr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"ls10\">, </span></span></span>qu<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>o cr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>v\u00e9<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>rsi<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>uni<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>car<span class=\"_ _0\"></span>rei<span class=\"_ _0\"></span>ra e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>senv<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>vime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o (<span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> equi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ent<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>car<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>cn<span class=\"_ _0\"></span>ica <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ges<span class=\"_ _0\"></span>t\u00e3<span class=\"_ _0\"></span>o).<span class=\"_ _0\"></span> Tod<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>adr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>sic<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nado<span class=\"_ _0\"></span>s ne<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>mode<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> o pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>so d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>muni<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 9<span class=\"_ _0\"></span>0% <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pop<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ngi<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span><span class=\"ls15\">at<span class=\"ls0\">\u00e9 <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2;<span class=\"_ _0\"></span>  </span></span>\uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">Cont<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ua\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>ho <span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cias,<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>had<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>Pla<span class=\"_ _0\"></span>no </span></span>de<span class=\"_ _0\"></span> Ca<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>alar<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ta es<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ciali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> <span class=\"ff7\">Le<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ning<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>r<span class=\"ff1\"> <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>Col<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>orad<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s; </span></span>\uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">Rev<span class=\"_ _0\"></span>is\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pla<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tom<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>a </span></span>com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e:<span class=\"_ _0\"></span> Pla<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>g\u00ean<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>un\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span>; R<span class=\"_ _0\"></span>eval<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>iza\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Su<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> Pla<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Jo<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ns <span class=\"_ _0\"></span>Qua<span class=\"_ _0\"></span>dro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>(sta<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>ster<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntre<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>os; \uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">Lan\u00e7<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>roj<span class=\"_ _3b\"></span>eto <span class=\"_ _0\"></span>Cres<span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>tend<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>a ges<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>topo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>a<span class=\"ls10\">, </span></span></span>ass<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>oas<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>u d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>volvi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> Pr<span class=\"_ _0\"></span>op\u00f3<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>a Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r. 9.1.6.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Siste<span class=\"_ _1\"></span>mas de inform<span class=\"_ _1\"></span>a\u00e7\u00e3o </span>Os <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> alg<span class=\"_ _0\"></span>uns<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>is d<span class=\"_ _0\"></span>epe<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>rvi<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>mpe<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ntal<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span> neg<span class=\"_ _0\"></span>\u00f3ci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>. F<span class=\"_ _0\"></span>ace<span class=\"_ _0\"></span> \u00e0 f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>pend<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>nol<span class=\"_ _0\"></span>ogi<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> inf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>div<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>eog<span class=\"_ _0\"></span>rafi<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>g\u00f3ci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>real<span class=\"_ _0\"></span>\u00e7a<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>ist\u00ea<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>co i<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> a f<span class=\"_ _0\"></span>alh<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s si<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tant<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>is,<span class=\"_ _0\"></span> tai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>taq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>orm\u00e1<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cos,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ais.<span class=\"_ _0\"></span>  Ape<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e p<span class=\"_ _0\"></span>r\u00e1t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>n\u00e7\u00e3<span class=\"_ _0\"></span>o e <span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tiga<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>ple<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>, o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>st\u00e1<span class=\"_ _0\"></span> ci<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>n\u00e3o <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>isti<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o si<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ema<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nfor<span class=\"_ _3b\"></span>ma\u00e7\u00e3o<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>viol<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>pod<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span>anti<span class=\"_ _0\"></span>r q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s es<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>olvid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>r\u00e3<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>ufi<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>vita<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> tai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fal<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>sist<span class=\"_ _0\"></span>ema<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ossa<span class=\"_ _0\"></span>m t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>r c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>u\u00eanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>o n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>t\u00edgi<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nefi<span class=\"_ _0\"></span>ci\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>mes<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>afe<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> mar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>raci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al. O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ao<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>oio<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ervi<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a \u00e1<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>tema<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m re<span class=\"_ _0\"></span>gim<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>urci<span class=\"_ _0\"></span>ng,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ova<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>, du<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21,<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>urc<span class=\"_ _0\"></span>ing <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>fra<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>rut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>nut<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>at\u00e9 3<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> 31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>024<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te. 9.1.7.<span class=\"ls0\"> <span class=\"_ _66\"> </span>O<span class=\"_ _1\"></span>utros riscos assoc<span class=\"_ _1\"></span>iados \u00e0 atividade <span class=\"_ _1\"></span>do Gr<span class=\"_ _1\"></span>upo </span>As <span class=\"_ _0\"></span>uni<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>abr<span class=\"_ _0\"></span>is d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>suj<span class=\"_ _3b\"></span>eitas<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>alqu<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e ec<span class=\"_ _0\"></span>on\u00f3<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ca in<span class=\"_ _0\"></span>dus<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>o ca<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aci<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es,<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>t\u00e1s<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>fes<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>rai<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>sam<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>rigi<span class=\"_ _0\"></span>nar<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>eju<span class=\"_ _0\"></span>\u00edzo<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>u i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>err<span class=\"_ _0\"></span>up\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s te<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>or\u00e1<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>as n<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o. Da <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>es r<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pod<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>feta<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>pais<span class=\"_ _0\"></span> Cl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> For<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ced<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e t<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>um i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>o si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>cati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>n\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>idade<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>l en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>Cli<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> n\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> For<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ced<span class=\"_ _0\"></span>ores<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>ssib<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span>ssem<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>mesm<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>. O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>xpor<span class=\"_ _3b\"></span>ta cer<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 95<span class=\"_ _0\"></span>% d<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>UWF <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 44%<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a sua<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span><span class=\"ff7\">tis<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e<span class=\"ff1\"> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>os c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>spor<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>log<span class=\"_ _0\"></span>\u00edst<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>alme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> </span></span>rel<span class=\"ls0\">evan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>Um<span class=\"_ _0\"></span> cen<span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>onti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cust<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>\u00e1 t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>o </span>si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>no d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>. 9.1.8.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Risco<span class=\"_ _1\"></span>s gerais de cont<span class=\"_ _1\"></span>exto </span>Con<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> ate<span class=\"_ _0\"></span>n\u00e7\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>i\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>cono<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>uesa afe<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span> cap<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>do G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>alme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>guin<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span>m\u00edni<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>: i.<span class=\"_ _af\"> </span><span class=\"ls0\">Port<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cami<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>os-<span class=\"_ _0\"></span><span class=\"lsd\">de<span class=\"ls0\">-fer<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>;</span></span></span>ii.<span class=\"_ _af\"> </span><span class=\"ls0\">Vias <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omu<span class=\"_ _0\"></span>nic<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>\u00e1ria<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ssos<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> f\u00e1<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po;</span>iii<span class=\"_ _0\"></span>.<span class=\"_ _af\"> </span>Or<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nam<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>err<span class=\"_ _0\"></span>it\u00f3<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span> e i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>\u00eand<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>is;iv<span class=\"_ _0\"></span>.<span class=\"_ _af\"> </span>Fra<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s fl<span class=\"_ _0\"></span>ores<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>;v.<span class=\"_ _af\"> </span><span class=\"ls0\">Fal<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> cer<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>esm<span class=\"_ _0\"></span>agad<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a nac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>;</span>vi<span class=\"_ _0\"></span>.<span class=\"_ _af\"> </span>Vol<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ol\u00edt<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> IR<span class=\"_ _0\"></span>C, <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> eli<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na\u00e7\u00e3<span class=\"_ _0\"></span>odas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>err<span class=\"_ _0\"></span>ama<span class=\"_ _0\"></span>s.10.1.<span class=\"ffd ls0\"> <span class=\"_ _46\"> </span><span class=\"ff3\">Pro<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>s\u00f5<span class=\"_ _0\"></span>es </span></span>Movimentos em provis\u00f5es  Processos  Outras Valores em Euros<span class=\"_ _1\"></span> Judiciais Provis\u00f5es  Total 1 de janeiro de<span class=\"_ _1\"></span> 2021 4.668.<span class=\"ls2b\">105 </span>18<span class=\"ls0\">.</span>741<span class=\"ls0\">.<span class=\"_ _1\"></span>229 </span>23<span class=\"ls0\">.</span>409<span class=\"_ _1\"></span><span class=\"ls0\">.334 </span>Aumentos 3.<span class=\"ls24\">815</span>.210 1.<span class=\"ls24\">300</span>.000 5.<span class=\"ls24\">115</span>.210 Utiliza\u00e7\u00e3o (16.250) - (16.250) Revers\u00f5es (1<span class=\"ls0\">.<span class=\"ls24\">443</span>.952)<span class=\"_ _1\"></span> </span>(512.064) (1<span class=\"ls0\">.<span class=\"ls24\">956</span>.016)<span class=\"_ _1\"></span> </span>Impacto em res<span class=\"_ _1\"></span>ultados do per\u00ed<span class=\"_ _1\"></span>odo<span class=\"_ _1\"></span> 2.355.<span class=\"ls2b\">008 </span>787<span class=\"ls0\">.936 </span>3.142.<span class=\"ls2b\">944 </span>Ajustamento ca<span class=\"_ _1\"></span>mbial (71.839) - (71.839) Outras transfer\u00eanc<span class=\"_ _1\"></span>ias e regulariza<span class=\"_ _1\"></span>\u00e7\u00f5es<span class=\"_ _1\"></span> - 271<span class=\"ls0\">.</span>642 271<span class=\"ls0\">.</span>642 31 de deze<span class=\"_ _1\"></span>mbro de 2021 6.951.<span class=\"ls2b\">273 </span>19<span class=\"ls0\">.</span>800<span class=\"ls0\">.<span class=\"_ _1\"></span>807 </span>26<span class=\"ls0\">.</span>752<span class=\"_ _1\"></span><span class=\"ls0\">.081 </span>Aumentos 3.<span class=\"ls24\">488</span>.765 4.<span class=\"ls24\">576</span>.941 8.<span class=\"ls24\">065</span>.706 Revers\u00f5es (5<span class=\"ls0\">.<span class=\"ls24\">392</span>.411)<span class=\"_ _1\"></span> </span>(1<span class=\"ls0\">.<span class=\"ls24\">051</span>.848)<span class=\"_ _1\"></span> </span>(6<span class=\"ls0\">.<span class=\"ls24\">444</span>.259)<span class=\"_ _1\"></span> </span>Impacto em res<span class=\"_ _1\"></span>ultados do per\u00ed<span class=\"_ _1\"></span>odo<span class=\"_ _1\"></span> (1<span class=\"ls0\">.903.646) </span>3.525.<span class=\"ls2b\">093 </span>1.621.<span class=\"ls2b\">447 </span>Ajustamento ca<span class=\"_ _1\"></span>mbial 2.<span class=\"ls24\">223 </span>- 2.<span class=\"ls24\">223 </span>Outras transfer\u00eanc<span class=\"_ _1\"></span>ias e regulariza<span class=\"_ _1\"></span>\u00e7\u00f5es<span class=\"_ _1\"></span> 57<span class=\"ls0\">.</span>126 - 57<span class=\"ls0\">.</span>126 31 de deze<span class=\"_ _1\"></span>mbro de 2022 5.106.<span class=\"ls2b\">976 </span>23<span class=\"ls0\">.</span>325<span class=\"ls0\">.<span class=\"_ _1\"></span>900 </span>28<span class=\"ls0\">.</span>432<span class=\"_ _1\"></span><span class=\"ls0\">.877 </span>N\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ree<span class=\"_ _0\"></span>mbo<span class=\"_ _0\"></span>lsos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ualq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>za r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>is\u00f5<span class=\"_ _0\"></span>es. Processos jud<span class=\"_ _1\"></span>iciais O d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>cho<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>sos<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>udi<span class=\"_ _0\"></span>ciai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>epe<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>deci<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s la<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ci<span class=\"_ _0\"></span>vil<span class=\"_ _0\"></span>.  O s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22 \u00e9<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>ost<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span>itar<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte,<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> a pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>labo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>is (<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22:<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>,6 m<span class=\"_ _0\"></span>ilh<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>s;<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>1: <span class=\"_ _0\"></span>6 m<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>h\u00f5e<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>s) <span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>IGAM<span class=\"_ _0\"></span>AOT<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>Ins<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>-G<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>a Ag<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>cul<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra, <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Mar<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Am<span class=\"_ _0\"></span>bie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>d<span class=\"ls30\">o </span>Or<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nam<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o T<span class=\"_ _0\"></span>erri<span class=\"_ _0\"></span>t\u00f3<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>) (2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2:<span class=\"_ _0\"></span> 653<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os; <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>21:<span class=\"_ _0\"></span> 61<span class=\"_ _0\"></span>7 m<span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>eur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>). Outras provis\u00f5es<span class=\"_ _1\"></span> Re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>e-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>is\u00f5e<span class=\"_ _3b\"></span>s par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>faze<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>fac<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>os r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>rez<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ers<span class=\"_ _0\"></span>a, de<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>ja<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ode<span class=\"_ _0\"></span>r\u00e3<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>a\u00edd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> flu<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>aixa<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ssos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>trut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>rga<span class=\"_ _0\"></span>niz<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>onal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>osi\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>as. Em <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>rub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> Ou<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ui 1<span class=\"_ _0\"></span>7.3<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>eur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Mo<span class=\"_ _0\"></span>\u00e7am<span class=\"_ _0\"></span>biq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>. P<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mbo<span class=\"_ _0\"></span>ra o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>emo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>(Mo<span class=\"_ _0\"></span>U)<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>lebr<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>gov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>\u00e7am<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>cano<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>miss<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>\u201cmel<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>sfor<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>\u201d p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ia\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>i\u00e7\u00f5e<span class=\"_ _0\"></span>s ne<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>s\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>an\u00e7<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>stime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span> 31 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>201<span class=\"_ _0\"></span>8, <span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>foi<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>ss\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> at\u00e9<span class=\"_ _0\"></span> 3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>aba<span class=\"_ _0\"></span>lha<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>can<span class=\"_ _0\"></span>\u00e7ar<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o.   O<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ald<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>i\u00e7\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>tez<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>rela<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>osto<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>dime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o div<span class=\"_ _0\"></span>ulg<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 6.<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span><span class=\"ff15\">\u2013<span class=\"ff7\"> Im<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o<span class=\"fsa\">. </span></span></span>Estimativas e julgamentos Pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>judi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>scai<span class=\"_ _0\"></span>s Est<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _3b\"></span>s for<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>stit<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ord<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>alia<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> efe<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pelo<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>io d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ltor<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>leg<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>base<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>obab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de de<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>cis<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>vor<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>ou d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>fav<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o. Pol\u00edticas Contabil\u00edsticas S\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>enh<span class=\"_ _0\"></span>a um<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> l<span class=\"_ _0\"></span>egal<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>trut<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>a, com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>cime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>sad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>sej<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> sa<span class=\"_ _0\"></span>\u00edd<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ecur<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ne <span class=\"_ _0\"></span>nece<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>liq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>ar,<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span> ser<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>fi\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>obri<span class=\"_ _0\"></span>ga\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span>  N\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>hec<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>vis\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>is f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>As <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> rev<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Dem<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>posi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>etiv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ige<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>aju<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e mo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>mel<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span> a e<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata.<span class=\"_ _0\"></span> O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>p\u00ea<span class=\"_ _0\"></span>ndio<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>me <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ssiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>r\u00e1ct<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>bie<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>al.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span>sim<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>\u00eandi<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>pam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>cni<span class=\"_ _0\"></span>cas <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>sseg<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ump<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>leg<span class=\"_ _0\"></span>isl<span class=\"_ _0\"></span>a\u00e7\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>gul<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>apl<span class=\"_ _0\"></span>ic\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>bem<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pact<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>bie<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>n\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o ex<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>dam<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>onde<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>i\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>tecn<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>as re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s \u00e0 <span class=\"_ _0\"></span>mini<span class=\"_ _0\"></span>miz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sum<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>\u00e9ti<span class=\"_ _0\"></span>co,<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>atm<span class=\"_ _0\"></span>osf<span class=\"_ _0\"></span>\u00e9ri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>s, d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>du\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>s\u00edd<span class=\"_ _0\"></span>uos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>u\u00eddo)<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>nem a<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>vir<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> dur<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>our<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po,<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>one<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>nef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> eco<span class=\"_ _0\"></span>n\u00f3m<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fut<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tind<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>nga<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span> sua<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> \u00fat<span class=\"_ _0\"></span>il,<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>apaci<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>lho<span class=\"_ _0\"></span>rar<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> seg<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>i\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>os a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po.<span class=\"_ _0\"></span>  10.2.<span class=\"ffd ls0\"> <span class=\"_ _46\"> </span><span class=\"ff3\">Com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>omi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>os </span></span>Garantias prestadas a terceiros Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Garantias pres<span class=\"_ _1\"></span>tadas Garantias Navigator <span class=\"_ _1\"></span>para os financ<span class=\"_ _1\"></span>iamentos com o BEI<span class=\"_ _1\"></span> 37<span class=\"ls0\">.</span>708<span class=\"ls0\">.333 </span>42<span class=\"ls0\">.</span>916<span class=\"ls0\">.667 </span>AT <span class=\"ls0\">- Autoridade Tribut\u00e1r<span class=\"_ _1\"></span>ia e Aduaneira <span class=\"_ _1\"></span> </span>- 6.<span class=\"ls24\">513</span>.318 Comiss\u00e3o Coordena<span class=\"_ _1\"></span>\u00e7\u00e3o Desenvol<span class=\"_ _1\"></span>vimento Regiona<span class=\"_ _1\"></span>l   354<span class=\"ls0\">.</span>083 - IAPMEI    1.<span class=\"ls24\">280</span>.701 1.<span class=\"ls24\">280</span>.701 Desalfandegamento <span class=\"_ _1\"></span>de produtos<span class=\"_ _1\"></span> 1.<span class=\"ls24\">250 </span>1.<span class=\"ls24\">250 </span>Ag\u00eancia Estatal<span class=\"_ _1\"></span> de Administ. Tr<span class=\"_ _1\"></span>ibutaria Espanhola<span class=\"_ _1\"></span> - 1.<span class=\"ls24\">033</span>.204 Ag\u00eancia Portugue<span class=\"_ _1\"></span>sa Ambiente<span class=\"_ _1\"></span> 2.<span class=\"ls24\">390</span>.006 1.<span class=\"ls24\">527</span>.484 Simria 338<span class=\"ls0\">.</span>829 338<span class=\"ls0\">.</span>829 Outras 838<span class=\"ls0\">.</span>256 1.<span class=\"ls24\">987</span>.855 42<span class=\"ls0\">.</span>911<span class=\"ls0\">.<span class=\"_ _1\"></span>458 </span>55<span class=\"ls0\">.</span>599<span class=\"_ _1\"></span><span class=\"ls0\">.308 </span>As <span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> IA<span class=\"_ _0\"></span>PMEI <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eal<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>\u00e2mb<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>trat<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> In<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>stime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o ce<span class=\"_ _0\"></span>leb<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Est<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o P<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>ugu<span class=\"_ _0\"></span>\u00eas<span class=\"_ _0\"></span> e a<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>Pulp<span class=\"_ _0\"></span> A<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>ro,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>(<span class=\"ff9\">\u20ac<span class=\"_ _0\"></span><span class=\"ff1 ls16\">833<span class=\"ls0\">.09<span class=\"_ _0\"></span>7) <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> </span></span></span>Tis<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e R<span class=\"_ _0\"></span>\u00f3d<span class=\"_ _0\"></span>\u00e3o, <span class=\"_ _0\"></span>S.A<span class=\"_ _0\"></span>. (<span class=\"_ _0\"></span><span class=\"ff9\">\u20ac<span class=\"ff1 ls16\">447<span class=\"ls0\">.<span class=\"_ _0\"></span>604<span class=\"_ _0\"></span>), <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ord<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ipu<span class=\"_ _0\"></span>lado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>Nor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> </span></span></span>Pag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>apl<span class=\"_ _0\"></span>ic\u00e1<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>l ao<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>Proj<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>abri<span class=\"_ _0\"></span>go <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> Si<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ema<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e In<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o QR<span class=\"_ _0\"></span>EN<span class=\"_ _0\"></span>.  As <span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tada<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> Au<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> T<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ut\u00e1r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>laci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>sta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>ncio<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>IRC <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>15.<span class=\"_ _0\"></span>  No<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Ag\u00ea<span class=\"_ _3b\"></span>ncia <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tug<span class=\"_ _0\"></span>ues<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Amb<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nte,<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span>m p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>stad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o \u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>to de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>roce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>ncio<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>, as<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>iad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>urso<span class=\"_ _0\"></span>s h<span class=\"_ _0\"></span>\u00eddr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 201<span class=\"_ _0\"></span>7 a<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span><span class=\"ls16\">21<span class=\"ls0\">. </span></span>Compromissos de compra Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Compromissos de<span class=\"_ _1\"></span> compra<span class=\"_ _1\"></span> Ativos fixos tang\u00ed<span class=\"_ _1\"></span>veis - Equ<span class=\"_ _1\"></span>ipamentos fabr<span class=\"_ _1\"></span>is 57<span class=\"ls0\">.</span>737<span class=\"ls0\">.388 </span>14<span class=\"ls0\">.</span>612<span class=\"ls0\">.464 </span>Madeira Compromissos co<span class=\"_ _1\"></span>m aquisi\u00e7\u00f5es<span class=\"_ _1\"></span> no per\u00edodo subsequen<span class=\"_ _1\"></span>te 362<span class=\"ls0\">.</span>700<span class=\"ls0\">.000 </span>287<span class=\"ls0\">.</span>700<span class=\"ls0\">.000 </span>Compromissos co<span class=\"_ _1\"></span>m aquisi\u00e7\u00f5es<span class=\"_ _1\"></span> de longo prazo<span class=\"_ _1\"></span> 117<span class=\"ls0\">.</span>600<span class=\"ls0\">.000 </span>88<span class=\"ls0\">.</span>100<span class=\"ls0\">.000 </span>538<span class=\"ls0\">.037.3<span class=\"_ _1\"></span>88 </span>390<span class=\"ls0\">.412.4<span class=\"_ _1\"></span>64 </span>No<span class=\"_ _0\"></span> pri<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>022,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Ab<span class=\"_ _0\"></span>aste<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Mad<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a, ACE,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>nou<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tli<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span> Oc<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>n B<span class=\"_ _0\"></span>ulk<span class=\"_ _0\"></span>, In<span class=\"_ _0\"></span>c. <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> fr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>adei<span class=\"_ _0\"></span>ra,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>anos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span>, 2<span class=\"_ _0\"></span>023<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>24.<span class=\"_ _0\"></span> O c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ev\u00ea<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>de,<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ox<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte,<span class=\"_ _0\"></span> 9<span class=\"_ _0\"></span>40.0<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span> m3<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>. Outros Compromissos O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>umiu<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>miss<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ngir<span class=\"_ _0\"></span> a n<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>alid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>\u00f3ni<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>203<span class=\"_ _0\"></span>5,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m um <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>glo<span class=\"_ _0\"></span>bal<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>evis<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 23<span class=\"_ _0\"></span>5 <span class=\"_ _0\"></span>mil<span class=\"_ _0\"></span>h\u00f5es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os, <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s 5<span class=\"_ _0\"></span>7,<span class=\"_ _0\"></span>4 mi<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> eu<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>etu<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> 31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2. No<span class=\"_ _0\"></span> \u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>so f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> adj<span class=\"_ _0\"></span>udi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>c\u00edci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 o<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s: \uf0b7<span class=\"_ _b1\"> </span><span class=\"ff1 fc6\">Con<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>a C<span class=\"_ _0\"></span>alde<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e R<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>uper<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Set<span class=\"_ _0\"></span>\u00fab<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>um i<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>esti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto</span>pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac<span class=\"_ _0\"></span>135<span class=\"_ _0\"></span>,8 <span class=\"_ _0\"></span>mil<span class=\"_ _0\"></span>h\u00f5e<span class=\"_ _0\"></span>s;<span class=\"_ _0\"></span> e\uf0b7<span class=\"_ _b1\"> </span><span class=\"ff1 fc6\">o <span class=\"_ _0\"></span>Pro<span class=\"_ _0\"></span>jet<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>e qu<span class=\"_ _0\"></span>eima<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>al o<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>roso<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>(NCG<span class=\"_ _0\"></span>s)<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> Se<span class=\"_ _0\"></span>t\u00fa<span class=\"_ _0\"></span>bal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>um</span>in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> \u20ac 16<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ilh<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s.10.3.<span class=\"ffd ls0\"> <span class=\"_ _46\"> </span><span class=\"ff3\">At<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>gen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s </span></span>Fundo de Regu<span class=\"_ _1\"></span>lariza\u00e7\u00e3o da d<span class=\"_ _1\"></span>\u00edvida p\u00fablica<span class=\"_ _1\"></span> No<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>to-<span class=\"_ _0\"></span>Le<span class=\"_ _0\"></span>i n.<span class=\"_ _0\"></span>\u00ba 3<span class=\"_ _0\"></span>6/<span class=\"_ _0\"></span>93<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 13<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>reir<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> as <span class=\"_ _0\"></span>d\u00ed<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>fis<span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>as pr<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>atiz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>(2<span class=\"_ _0\"></span>5 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>nove<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>200<span class=\"_ _0\"></span>6) s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pon<span class=\"_ _0\"></span>sab<span class=\"_ _0\"></span>ilid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>o F<span class=\"_ _0\"></span>und<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>gul<span class=\"_ _0\"></span>ariz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>D\u00edvi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> P\u00fa<span class=\"_ _0\"></span>bli<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>(FR<span class=\"_ _0\"></span>DP)<span class=\"_ _0\"></span>. E<span class=\"_ _0\"></span>m 1<span class=\"_ _0\"></span>6 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>abr<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>08,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>The<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>mpan<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>req<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>rime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o F<span class=\"_ _0\"></span>RDP<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lici<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> pag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o das<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>\u00edvi<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nt\u00e3o<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>Adm<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o F<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>. E<span class=\"_ _0\"></span>m 13<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>10 apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tou <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>req<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r o<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>gam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>d\u00ed<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>as l<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a Adm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>Fis<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>as ao<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>06<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>2003<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o, em<span class=\"_ _0\"></span> 13<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>011<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s j<span class=\"_ _0\"></span>\u00e1 <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e n\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>a es<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>\u00edvi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>bem<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pes<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dir<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Ac<span class=\"_ _0\"></span>\u00f3rd<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>24 d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>1 (<span class=\"_ _0\"></span>Pro<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>n.\u00ba<span class=\"_ _0\"></span> 09<span class=\"_ _0\"></span>93<span class=\"_ _0\"></span>A/ <span class=\"_ _0\"></span>02)<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> vei<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>firm<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>a po<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>o \u00e0 <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>igi<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span>.  Em <span class=\"_ _0\"></span>13<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>7 a <span class=\"_ _0\"></span>The<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>ompa<span class=\"_ _0\"></span>ny,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>um a<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>traj<span class=\"_ _3b\"></span>udici<span class=\"_ _0\"></span>al com<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Te<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> rec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>hec<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e do<span class=\"_ _0\"></span> F<span class=\"_ _0\"></span>RDP<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 5<span class=\"_ _0\"></span>.<span class=\"ls16\">725</span>.<span class=\"ls16\">771 </span>eur<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>espo<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Imp<span class=\"_ _0\"></span>ost<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> R<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>esso<span class=\"_ _0\"></span>as Col<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>IRC)<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ago<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>vida<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o/<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o  in<span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>arte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>inis<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>\u00e1ria<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>fis<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a das<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pela<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nt\u00e3<span class=\"_ _0\"></span>o S<span class=\"_ _0\"></span>opo<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>el,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>200<span class=\"_ _0\"></span>3, <span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>m,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>mov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> a re<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>tui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>enc<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ntia<span class=\"_ _0\"></span>. Ne<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onte<span class=\"_ _0\"></span>xt<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>\u00e1 d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>pons<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>FRDP<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac<span class=\"_ _0\"></span>22.<span class=\"_ _0\"></span>140<span class=\"_ _0\"></span>.85<span class=\"_ _0\"></span>5<span class=\"ff1 ls10\">, </span></span>de<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>had<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ue:<span class=\"_ _0\"></span>  Redu\u00e7\u00e3o vi<span class=\"_ _0\"></span>a pagamento  Processos  Valores ao abrigo decididos a  Valores Valores em Euros<span class=\"_ _1\"></span>  Per\u00edodo solicitados do RERD favor do Gru<span class=\"_ _0\"></span>po em aberto Processos transi<span class=\"_ _1\"></span>tados em Julg<span class=\"_ _1\"></span>ado IRC 2002<span class=\"ls0\"> </span>18<span class=\"ls0\">.</span>923 - - 18<span class=\"ls0\">.</span>923 IRC (RF) 2004<span class=\"ls0\"> </span>3.<span class=\"ls24\">324 </span>- - 3.<span class=\"ls24\">324 </span>IRC 2004<span class=\"ls0\"> </span>766<span class=\"ls0\">.</span>395 -(139.023)627<span class=\"ls0\">.</span>372 Despesas 314<span class=\"ls0\">.</span>957 - - 314<span class=\"ls0\">.</span>957 1.103.<span class=\"ls2b\">599 </span>-(139 023)964<span class=\"ls0\">.576 </span>Processos n\u00e3o <span class=\"_ _1\"></span>transitados em <span class=\"_ _1\"></span>julgado<span class=\"_ _1\"></span> IRC 2005<span class=\"ls0\"> </span>11<span class=\"ls0\">.</span>754<span class=\"ls0\">.680 </span>(1<span class=\"ls0\">.<span class=\"ls24\">360</span>.294)<span class=\"_ _1\"></span> </span>-10<span class=\"ls0\">.</span>394<span class=\"ls0\">.386</span>IRC 2006<span class=\"ls0\"> </span>11<span class=\"ls0\">.</span>890<span class=\"ls0\">.071 </span>(1<span class=\"ls0\">.<span class=\"ls24\">108</span>.178)<span class=\"_ _1\"></span> </span>-10<span class=\"ls0\">.</span>781<span class=\"ls0\">.893</span>23<span class=\"ls0\">.</span>644<span class=\"ls0\">.<span class=\"_ _1\"></span>751 </span>(2<span class=\"ls0\">.468.472) </span>-21<span class=\"ls0\">.</span>176<span class=\"_ _1\"></span><span class=\"ls0\">.279</span>24<span class=\"ls0\">.</span>748<span class=\"ls0\">.<span class=\"_ _1\"></span>350 </span>(2<span class=\"ls0\">.468.472) </span>(139 023) 22<span class=\"ls0\">.</span>140<span class=\"_ _1\"></span><span class=\"ls0\">.855 </span>Re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>cess<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>IRC <span class=\"_ _0\"></span>agr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>05<span class=\"_ _0\"></span> e 2<span class=\"_ _0\"></span>006<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>trib<span class=\"_ _0\"></span>unai<span class=\"_ _0\"></span>s ve<span class=\"_ _0\"></span>nha<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>avor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>rar\u00e1<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ped<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o F<span class=\"_ _0\"></span>RDP<span class=\"_ _0\"></span>. Fundo de regul<span class=\"_ _1\"></span>ariza\u00e7\u00e3o da d<span class=\"_ _1\"></span>\u00edvida p\u00fablica <span class=\"_ _1\"></span>- Proc.<span class=\"_ _1\"></span> N.\u00ba 774/1<span class=\"_ _1\"></span>1.3 BEALM<span class=\"_ _1\"></span> Adi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>alme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, f<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> Tr<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> Ad<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>trat<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> A<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>ada,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 1<span class=\"_ _0\"></span>1 de<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>utub<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2011<span class=\"ls0\"> no<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>pet<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue se<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>cit<span class=\"_ _0\"></span>ava <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ree<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ols<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rso<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>tot<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o </span>136<span class=\"ls0\">.</span>243<span class=\"ls0\">.9<span class=\"_ _0\"></span>49 <span class=\"_ _0\"></span>eur<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s a <span class=\"_ _0\"></span>aj<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s na<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> </span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>\u00f3s<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>atiz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ajus<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>regi<span class=\"_ _0\"></span>stad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> ha<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>sido<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>mul<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> n\u00e3o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>oni<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ta d<span class=\"_ _0\"></span>os con<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>. Em <span class=\"_ _0\"></span>24<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>aio<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>14<span class=\"_ _0\"></span>, o <span class=\"_ _0\"></span>Tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>nal <span class=\"_ _0\"></span>Adm<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>Fis<span class=\"_ _0\"></span>cal <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Al<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>va t<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>hal<span class=\"_ _0\"></span>, so<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>itan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ega\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>cri<span class=\"_ _0\"></span>to.<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span> 30<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ju<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>14,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tou <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ma\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>fer\u00ea<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eix<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>esm<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>scri<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> sol<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>nal.<span class=\"_ _0\"></span> O <span class=\"_ _0\"></span>Tri<span class=\"_ _0\"></span>buna<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> raz<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>p\u00f3<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>nome<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>\u00f3ri<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l fo<span class=\"_ _0\"></span>i e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>o em<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ho d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>201<span class=\"_ _0\"></span>7, <span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>\u00eanci<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span>ida,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>The<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>y, S<span class=\"_ _0\"></span>.A.,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> M<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>st\u00e9r<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>\u00eanc<span class=\"_ _0\"></span>ia d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> Pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>audi<span class=\"_ _0\"></span>\u00eanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>lga<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>clar<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>erb<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>\u00f3ri<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>. Ap\u00f3<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>clam<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tada<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 11<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>7 e<span class=\"_ _0\"></span> 15<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> jan<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>19,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tara<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Rel<span class=\"_ _0\"></span>at\u00f3<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>s P<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>formu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 2<span class=\"_ _0\"></span>7 de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>18 e<span class=\"_ _0\"></span> 19<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ar\u00e7o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>9, r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>peti<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>. As <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ss\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>di\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e ju<span class=\"_ _0\"></span>lg<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o ti<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> l<span class=\"_ _0\"></span>ugar<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntre<span class=\"_ _3b\"></span> maio<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>nho <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>19,<span class=\"_ _0\"></span> ten<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>as par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>apre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ale<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>temb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>19<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ag<span class=\"_ _0\"></span>uard<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>ago<span class=\"_ _0\"></span>ra a<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>s\u00e3<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span> Tr<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>. 11.<span class=\"_ _a9\"> </span><span class=\"ls0\">Est<span class=\"_ _0\"></span>rutu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po</span>11.1.<span class=\"ffd ls0\"> <span class=\"_ _46\"> </span><span class=\"ff3\">Emp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>u\u00ed<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>da\u00e7\u00e3<span class=\"_ _0\"></span>o </span></span>11.1.1.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Subs<span class=\"_ _1\"></span>idi\u00e1rias do G<span class=\"_ _1\"></span>rupo Navig<span class=\"_ _1\"></span>ator </span>% Participa\u00e7\u00e3o<span class=\"_ _0\"></span> 31/12/22 31/12/21<span class=\"_ _1\"></span> Denomina\u00e7\u00e3o <span class=\"_ _0\"></span>Social Sede Direta Indireta Total Total Principal atividade Empresa-m\u00e3e: The Navigator Company, S.A.<span class=\"_ _1\"></span> Portugal - - - - Comercializa\u00e7\u00e3o de papel e de pasta de celulose<span class=\"_ _1\"></span> Subsidi\u00e1rias: Navigator Brands , S.A. Portugal 100,0 -100,0100,0 Aquisi\u00e7\u00e3o, explora\u00e7\u00e3o, l<span class=\"_ _1\"></span>oca\u00e7\u00e3o ou concess\u00e3o da utiliza\u00e7\u00e3o e alien<span class=\"_ _1\"></span>a\u00e7\u00e3o de marcas , patentes e outros de propriedade industrial ou intele<span class=\"_ _1\"></span>ctual Navigator Parques Industriais, S.<span class=\"_ _1\"></span>A. Portugal 100,0 -100,0100,0 Gest\u00e3o de patrim\u00f3nio imob<span class=\"_ _1\"></span>ili\u00e1rio industrial Navigator Paper Figueira, S.A<span class=\"_ _1\"></span> Portugal 100,0 -100,0100,0 Produ\u00e7\u00e3o de papel E<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pr<span class=\"_ _3b\"></span>em<span class=\"_ _0\"></span>\u00e9<span class=\"_ _3b\"></span>di<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>-<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>or<span class=\"_ _3b\"></span>re<span class=\"_ _3b\"></span>to<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>de<span class=\"_ _3b\"></span> S<span class=\"_ _3b\"></span>eg<span class=\"_ _0\"></span>u<span class=\"_ _3b\"></span>ros<span class=\"_ _3b\"></span>,<span class=\"_ _0\"></span> S<span class=\"_ _3b\"></span>.A<span class=\"_ _3b\"></span>. Portugal 100,0 -100,0100,0 Media\u00e7\u00e3o e consultoria de seguros<span class=\"_ _1\"></span> Empremedia, DAC Irlanda 100,0 -100,0100,0 Gest\u00e3o de participa\u00e7\u00f5es soci<span class=\"_ _1\"></span>ais Empremedia RE, DAC<span class=\"_ _1\"></span> Irlanda -100,0100,0-Media\u00e7\u00e3o e consultoria de segurosRaiz - Instituto de Investiga\u00e7<span class=\"_ _1\"></span>\u00e3o Portugal 97,0 -97,097,0 Investiga\u00e7\u00e3o aplicada no dom\u00ednioda Floresta e Papel da ind\u00fastria de celulose e papele <span class=\"ls0\">atividade florestal</span>About the Future  , SA * Portugal - - - 97,0 Promo\u00e7\u00e3o de unidades de neg\u00f3ciorelacionadas direta ouindiretamente com atividadesde investiga\u00e7\u00e3o, desenvolvimentoe inova\u00e7\u00e3o no dom\u00ednio dabioeconomia de base florestalEnerpulp <span class=\"ff9\">\u2013</span> Cogera\u00e7\u00e3o Energ\u00e9tica Portugal 100,0 -100,0100,0 Produ\u00e7\u00e3o de energiade Pasta, S.A. Navigator Pulp Figueira, S.A.<span class=\"_ _1\"></span> Portugal 100,0 -100,0100,0 Produ\u00e7\u00e3o de pasta de celulosee presta\u00e7\u00e3o de servi\u00e7os deadministra\u00e7\u00e3o, gest\u00e3o e consultoriainternaEma Cacia - Engenharia  Portugal -73,873,8 73,8 Presta\u00e7\u00e3o de servi\u00e7os dee Manuten\u00e7\u00e3o Industrial, ACE manuten\u00e7\u00e3o industrialEma Set\u00fabal - Engenharia Portugal -79,779,7 79,7 e Manuten\u00e7\u00e3o Industrial, ACE <span class=\"_ _1\"></span>      <span class=\"ls0\">Ema Figueira da Foz- Engenh<span class=\"_ _1\"></span>aria </span>Portugal -80,780,7 80,7 e Manuten\u00e7\u00e3o Industrial, ACE <span class=\"_ _1\"></span> Navigator Pulp Set\u00fabal, S.A. Portugal 100,0 -100,0100,0 Produ\u00e7\u00e3o de pasta de celulose<span class=\"_ _1\"></span> Navigator Pulp Aveiro, S.A.<span class=\"_ _1\"></span>  Portugal 100,0 -100,0100,0 Produ\u00e7\u00e3o de pasta de celulose<span class=\"_ _1\"></span> Navigator Tissue Aveiro, S.A.<span class=\"_ _1\"></span> Portugal 100,0 -100,0100,0 Produ\u00e7\u00e3o de papel <span class=\"ff7\">tissue<span class=\"_ _1\"></span></span> Navigator Tissue R\u00f3d\u00e3o , S.A.<span class=\"_ _1\"></span> Portugal -100,0100,0100,0 Navigator Tissue Iberica , S.A.<span class=\"_ _1\"></span> Espanha -100,0100,0100,0 Comercializa\u00e7\u00e3o de papel <span class=\"ff7\">ti<span class=\"_ _1\"></span>ssue</span> P<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tu<span class=\"_ _3b\"></span>ce<span class=\"_ _3b\"></span>l <span class=\"_ _3b\"></span>Mo<span class=\"_ _0\"></span>\u00e7<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>mb<span class=\"_ _3b\"></span>iq<span class=\"_ _3b\"></span>ue<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>-<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>oc<span class=\"_ _3b\"></span>ie<span class=\"_ _3b\"></span>da<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>de<span class=\"_ _3b\"></span>  <span class=\"_ _0\"></span> Mo\u00e7ambique 90,0 -90,090,0 Produ\u00e7\u00e3o florestal<span class=\"_ _1\"></span> D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nv<span class=\"_ _3b\"></span>ol<span class=\"_ _3b\"></span>vi<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _3b\"></span>o <span class=\"_ _3b\"></span>Fl<span class=\"_ _3b\"></span>ore<span class=\"_ _3b\"></span>st<span class=\"_ _3b\"></span>al<span class=\"_ _3b\"></span> e<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>In<span class=\"_ _3b\"></span>du<span class=\"_ _3b\"></span>st<span class=\"_ _0\"></span>r<span class=\"_ _3b\"></span>ia<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span> L<span class=\"_ _3b\"></span>da<span class=\"_ _3b\"></span>  N<span class=\"_ _0\"></span>a<span class=\"_ _3b\"></span>vi<span class=\"_ _3b\"></span>ga<span class=\"_ _3b\"></span>t<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _3b\"></span> I<span class=\"_ _3b\"></span>n<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>e<span class=\"_ _3b\"></span>r<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>a<span class=\"_ _3b\"></span>ci<span class=\"_ _3b\"></span>on<span class=\"_ _3b\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span> <span class=\"_ _3b\"></span>Ho<span class=\"_ _3b\"></span>l<span class=\"_ _0\"></span>d<span class=\"_ _3b\"></span>in<span class=\"_ _3b\"></span>g<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>G<span class=\"_ _3b\"></span>PS<span class=\"_ _3b\"></span>,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>S<span class=\"_ _3b\"></span>.<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>*<span class=\"_ _3b\"></span> Portugal - - - 100,0 Gest\u00e3o de participa\u00e7\u00f5es soci<span class=\"_ _1\"></span>ais Navigator Forest Portugal, S.A.<span class=\"_ _1\"></span> Portugal 100,0 -100,0100,0 Produ\u00e7\u00e3o florestal<span class=\"_ _1\"></span>      <span class=\"ls0\">EucaliptusLand, S.A.<span class=\"_ _1\"></span> </span>Portugal -100,0100,0100,0 Produ\u00e7\u00e3o florestal<span class=\"_ _1\"></span> Sociedade de Vinhos da Herdade de Portugal -100,0100,0 100,0 Produ\u00e7\u00e3o vitivin\u00edcola<span class=\"_ _1\"></span> Espirra - Produ\u00e7\u00e3o e Comercializa<span class=\"_ _1\"></span>\u00e7\u00e3o de Vinhos, S.A.      <span class=\"ls0\">Gavi\u00e3o - Sociedade de Ca\u00e7<span class=\"_ _1\"></span>a e </span>Portugal -100,0100,0 100,0 Gest\u00e3o de recursos cineg\u00e9ticos<span class=\"_ _1\"></span> Turismo, S.A. Afocelca - Agrupamento Portugal -64,864,8 64,8 Presta\u00e7\u00e3o de servi\u00e7os de preven\u00e7\u00e3o complementar de empresas para e combate de inc\u00eandios flores<span class=\"_ _1\"></span>tais prote\u00e7\u00e3o contra inc\u00eandios, ACE<span class=\"_ _1\"></span>  Viveiros Alian\u00e7a - Empresa Portugal -100,0100,0 100,0 Produ\u00e7\u00e3o de plantas em viveiros<span class=\"_ _1\"></span> Produtora de Plantas, S.A.      <span class=\"ls0\">Atlantic Forests, S.A.*<span class=\"_ _1\"></span> </span>Portugal - - - 100,0 Presta\u00e7\u00e3o de servi\u00e7os no \u00e2mbi<span class=\"_ _1\"></span>to da atividade florestal e com\u00e9rcio d<span class=\"_ _1\"></span>e madeira      <span class=\"ls0\">Bosques do Atlantico, SL<span class=\"_ _1\"></span> </span>Espanha -100,0100,0 100,0 Com\u00e9rcio de madeira e biomassa e explora\u00e7\u00e3o florestal      <span class=\"ls0\">Navigator Africa, SRL </span>It\u00e1lia -100,0100,0 100,0 Com\u00e9rcio de madeira e biomassa e explora\u00e7\u00e3o florestal Navigator Paper Set\u00fabal , S.A.<span class=\"_ _1\"></span> Portugal 100,0 -100,0100,0 Produ\u00e7\u00e3o de papel e de energia<span class=\"_ _1\"></span>      <span class=\"ls0\">Navigator North America Inc.<span class=\"_ _1\"></span> </span>EUA -100,0100,0100,0 Comercializa\u00e7\u00e3o de papel<span class=\"_ _1\"></span> Navigator Afrique du Nord  Marrocos -100,0100,0100,0 Presta\u00e7\u00e3o de servi\u00e7os de intermedia\u00e7\u00e3o de vendas<span class=\"_ _1\"></span> Navigator Espa\u00f1a, S.A. Espanha -100,0100,0100,0 Idem Navigator Netherlands, BV<span class=\"_ _1\"></span> Holanda -100,0100,0100,0 Idem Navigator France, EURL<span class=\"_ _1\"></span> Fran\u00e7a -100,0100,0100,0 Idem Navigator Paper Company UK, Ltd<span class=\"_ _1\"></span> Reino Unido -100,0100,0100,0 Idem Navigator Italia, SRL It\u00e1lia -100,0100,0100,0 Idem Navigator Deutschland, Gmb<span class=\"_ _1\"></span>H Alemanha -100,0100,0100,0 Idem Navigator Paper Austria, GmbH<span class=\"_ _1\"></span> Austria -100,0100,0100,0 Idem Navigator Paper Poland SP Z o o<span class=\"_ _1\"></span> Pol\u00f3nia -100,0100,0100,0 Idem Navigator Eurasia Turquia -100,0100,0100,0 Idem Navigator Paper Mexico  M\u00e9xico 25,0 75,0100,0100,0 Idem Navigator Middle East Trading Dubai -100,0100,0100,0 Idem DMCC Navigator Egypt, ELLC Egipto 1,0 99,0100,0100,0 Idem Navigator Paper  Southern Africa Africa do sul 1,0 99,0100,0-IdemNavigator Abastecimento de Madeira,<span class=\"_ _1\"></span> Portugal 97,0 3,0 100,0100,0 Comercializa\u00e7\u00e3o de madeiraACE  * <span class=\"ls0\">Empre<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>s fu<span class=\"_ _0\"></span>sion<span class=\"_ _0\"></span>adas<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>liq<span class=\"_ _0\"></span>uida<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 (<span class=\"_ _0\"></span>Nota<span class=\"_ _0\"></span> 11<span class=\"_ _0\"></span>.2)</span>11.1.2.<span class=\"ls0\"> <span class=\"_ _40\"> </span>Oper<span class=\"_ _1\"></span>a\u00e7\u00f5es conjunt<span class=\"_ _1\"></span>as incorporad<span class=\"_ _1\"></span>as </span>% Participa\u00e7\u00e3o<span class=\"_ _0\"></span> 31/12/22 31/12/21<span class=\"_ _1\"></span> Principal atividade Denomina\u00e7\u00e3o <span class=\"_ _0\"></span>Social Sede Direta Indireta Total Total Pulpchem Logistics, A.C.<span class=\"_ _1\"></span>E. Portugal 50 -5050 Compras de materiais, mat\u00e9rias subsidi\u00e1rias e servi\u00e7os utilizados nos processos de produ\u00e7\u00e3o de pasta e papel 11.2.<span class=\"ffd ls0\"> <span class=\"_ _46\"> </span><span class=\"ff3\">Va<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>\u00edm<span class=\"_ _0\"></span>etr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ns<span class=\"_ _3b\"></span>olid<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o </span></span>Dur<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m 31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edm<span class=\"_ _0\"></span>etr<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>oi <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>ce <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>exe<span class=\"_ _0\"></span>rc\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> pel<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>iza\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>t\u00e1<span class=\"_ _0\"></span>ria:<span class=\"_ _0\"></span> \uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">Liqu<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> soc<span class=\"_ _0\"></span>ied<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>Abo<span class=\"_ _0\"></span>ut <span class=\"_ _0\"></span>the<span class=\"_ _0\"></span> F<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>re,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>e N<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>igat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>nac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> Ho<span class=\"_ _0\"></span>ldi<span class=\"_ _0\"></span>ng, </span></span>SGP<span class=\"_ _0\"></span>S, <span class=\"_ _0\"></span>S.A<span class=\"_ _0\"></span>. \uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">Fus\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ncor<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Atl<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span> For<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A. <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> F<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t P<span class=\"_ _0\"></span>ortu<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A. </span></span>\uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">Incor<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Pap<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>Sou<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span> Afr<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> </span></span>11.3.<span class=\"ffd ls0\"> <span class=\"_ _4e\"> </span><span class=\"ff3\">Tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as </span></span>Saldos com partes relacionadas 31/12/22<span class=\"_ _1\"></span><span class=\"ff3 fs1\"> </span>31/12/21<span class=\"ff3 fs1\"> </span>Valores em Euros<span class=\"_ _1\"></span> Valores  Valores  Financiamentos Valores  Valores a receber  a pagar  obtidos  a receber  <span class=\"fc6 lsa5\">a </span>pagar  (Nota 4.2) (Nota 4.3) (Nota 5.7) (Nota 4.2) (Nota 4.3) Acionistas (Nota 5.2) Semapa <span class=\"ff9\">\u2013</span> Soc. De Investimento e G<span class=\"_ _1\"></span>est\u00e3o, SGPS, S.A.<span class=\"_ _1\"></span> -  -  -  -  7.<span class=\"ls73\">470</span>.630 <span class=\"_ _1\"></span> Outras subsidi\u00e1rias do Grupo<span class=\"_ _1\"></span> Semapa Secil <span class=\"ff9\">\u2013</span> Companhia Geral C<span class=\"_ _1\"></span>al e Cimento, S.A. -  19<span class=\"ls0\">.049  </span>-  -  40<span class=\"ls0\">.831  </span>Secil Britas, S.A. -  126<span class=\"ls0\">.329  </span>-  -  138<span class=\"ls0\">.666  </span>Secil Prebet\u00e3o, S.A. -  -  -  -  41<span class=\"ls0\">.858  </span>CMP <span class=\"ff19\">\u2010</span> Cim<span class=\"_ _1\"></span>entos Maceira e Pataias, S.A.  -  9.659  -  -  24 <span class=\"ls0\"> </span>Unibet\u00e3o, S.A. -  -  -  -  16<span class=\"ls0\">.527  </span>Outras entidades relacionadas<span class=\"_ _1\"></span> Sonagi Imobili<span class=\"_ _1\"></span>\u00e1ria, S.A. -  -  -  -  -  Hotel Ritz, S.A. -  1.727  -  -  3.464  -  156.764  -  -  7.712.000  Transa\u00e7\u00f5es do per\u00edodo com par<span class=\"_ _0\"></span>tes relacionadas<span class=\"_ _1\"></span> 31/12/2231/12/21Compras Vendas e Outros (Gastos)/ Compras Vendas e Outros (Gastos)/ de bens presta\u00e7\u00f5es rendimentos Rendimentos de bens presta\u00e7\u00f5es rendimentos Rendimentos Valores em Euros e servi\u00e7os de servi\u00e7os operacionais financeiros e servi\u00e7os de servi\u00e7os operacionais financeiros Acionistas (Nota 5.2) Semapa - Soc. de Investimento e Gest\u00e3o, 8.<span class=\"ls73\">936</span>.416 - - - 10<span class=\"ls0\">.043.173 </span>34 - - SGPS, S.A. 8.936.416 - - - 10<span class=\"ls0\">.043.173 </span>34 - - Outras subsidi\u00e1rias do Grupo Semapa Secil - Companhia Geral Cal 139<span class=\"ls0\">.199 </span>- - - 165<span class=\"ls0\">.466 </span>15<span class=\"ls0\">.750 </span>- 606 e Cimento, S.A. Secil Britas, S.A. 271<span class=\"ls0\">.313 </span>- - - 310<span class=\"ls0\">.125 </span>- - - Secil Prebet\u00e3o, S.A. - - - - 5.475 - - - CMP <span class=\"ff19\">\u2010</span> Cim<span class=\"_ _1\"></span>entos Maceira - - 403 - 8.846 - - 450 e Pataias, S.A.  Unibet\u00e3o, S.A. 14<span class=\"ls0\">.063 </span>- - - 5.756 - - - 424.575 - 403 -495.66815<span class=\"ls0\">.750 </span>-1.056Outras entidades relacionadas Seinpar Investments BV - - - - - - - - Hotel Ritz, S.A. 20<span class=\"ls0\">.922 </span>- - - 21<span class=\"ls0\">.656 </span>- - - 20<span class=\"ls0\">.922 </span>- - - 21<span class=\"ls0\">.656 </span>- - - 9.381.913 - 403 -10<span class=\"ls0\">.560.497</span>15<span class=\"ls0\">.784 </span>-1.056Em <span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fev<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>013<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>foi <span class=\"_ _0\"></span>cel<span class=\"_ _0\"></span>ebr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>erv<span class=\"_ _0\"></span>i\u00e7os<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e a <span class=\"_ _0\"></span>Sem<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>a \u2013<span class=\"_ _9b\"> </span><span class=\"ff1\">Soc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e In<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span>, SG<span class=\"_ _0\"></span>PS,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A., <span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ora <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 69<span class=\"_ _0\"></span>,<span class=\"ls16\">97</span>% d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>o</span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>e o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>\u00e0 p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>rvi<span class=\"_ _0\"></span>\u00e7os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ges<span class=\"_ _0\"></span>t\u00e3o,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue fi<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>mune<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> cri<span class=\"_ _0\"></span>t\u00e9r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>rga<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>as re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nt\u00edn<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> col<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>t\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>as r<span class=\"_ _0\"></span>egr<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>\u00e0s re<span class=\"_ _0\"></span>la\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omer<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>edad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o. As <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> Sec<span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> nor<span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>o. No<span class=\"_ _0\"></span> \u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>art<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>acio<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o C<span class=\"_ _0\"></span>onse<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Adm<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>stra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>emai<span class=\"_ _0\"></span>s \u00d3r<span class=\"_ _0\"></span>g\u00e3o<span class=\"_ _0\"></span>s S<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s. A r<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>une<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>oal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>cha<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> deta<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>7.<span class=\"_ _0\"></span>3 <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> Re<span class=\"_ _0\"></span>mun<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> </span></span>do<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>\u00f3rg<span class=\"_ _0\"></span>\u00e3os<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span><span class=\"ff7\">. </span>Demonstra\u00e7\u00e3o d<span class=\"_ _1\"></span>os resultados <span class=\"_ _1\"></span>separada<span class=\"_ _1\"></span> Para os pe<span class=\"_ _1\"></span>r\u00edodos findos em <span class=\"_ _1\"></span>31 de de<span class=\"_ _1\"></span>zembro de 202<span class=\"_ _1\"></span>2 e 2021 Valores em Euros<span class=\"_ _1\"></span> Nota 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>R\u00e9ditos 2.1 3.531.205.717 2.366.947.621 Outros rendimentos<span class=\"_ _1\"></span> e ganhos oper<span class=\"_ _1\"></span>acionais<span class=\"_ _1\"></span> 2.2 3.478.417 2.090.803 Custos das mercador<span class=\"_ _1\"></span>ias vend<span class=\"_ _1\"></span>idas e das mat\u00e9rias <span class=\"_ _1\"></span>consu<span class=\"_ _1\"></span>midas 4.1 (3.138.646.788<span class=\"_ _1\"></span>) (2.103.980.956<span class=\"_ _1\"></span>) Fornecimentos e serv<span class=\"_ _1\"></span>i\u00e7os externos<span class=\"_ _1\"></span> 2.3 (318.009.546)<span class=\"_ _1\"></span> (221.150.420)<span class=\"_ _1\"></span> Gastos com o pessoa<span class=\"_ _1\"></span>l  7.1 (13.521.497) (11.092.252)<span class=\"_ _1\"></span> Outros gastos e per<span class=\"_ _1\"></span>das operaciona<span class=\"_ _1\"></span>is 2.3 (7.339.126) (5.729.376) Provis\u00f5es l\u00edqu<span class=\"_ _1\"></span>idas 9.1 857.042 (1.138.500) Resultados subsi<span class=\"_ _1\"></span>di\u00e1rias 10.1 349.940.785 160.083.746 Deprecia\u00e7\u00f5es, a<span class=\"_ _1\"></span>mortiza\u00e7\u00f5es e perdas <span class=\"_ _1\"></span>por imparidade e<span class=\"_ _1\"></span>m ativos n\u00e3o <span class=\"_ _1\"></span>financeiros<span class=\"_ _1\"></span> 3.3 (573.331) (611.085) Resultado opera<span class=\"_ _1\"></span>cional 407.391.673 185.419.582 Rendimentos e<span class=\"_ _1\"></span> ganhos finance<span class=\"_ _1\"></span>iros 5.10 22.095.577 25.605.954 Gastos e perdas<span class=\"_ _1\"></span> financeiras 5.10 (33.204.745) (36.184.414)<span class=\"_ _1\"></span> Resultado antes de<span class=\"_ _1\"></span> impostos<span class=\"_ _1\"></span> 396.282.505 174.841.122 Imposto sobre o<span class=\"_ _1\"></span> rendimento 6.1 (3.745.435) (3.429.667) Resultado l\u00edquido d<span class=\"_ _1\"></span>o per\u00edodo<span class=\"_ _1\"></span> 392.537.070 171.411.455 Resultado por a\u00e7\u00e3o<span class=\"_ _1\"></span> Resultado b\u00e1s<span class=\"_ _1\"></span>ico por a\u00e7\u00e3o, Eur<span class=\"_ _1\"></span> 5.3 0,552 0,241 Resultado dilu<span class=\"_ _1\"></span>\u00eddo por a\u00e7\u00e3o, Eur<span class=\"_ _1\"></span> 5.3 0,552 0,241 As <span class=\"_ _0\"></span>not<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> An<span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>stit<span class=\"_ _0\"></span>uem<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>para<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>.Demonstra\u00e7\u00e3o d<span class=\"_ _1\"></span>o rendimento <span class=\"_ _1\"></span>integral s<span class=\"_ _1\"></span>eparada Para os per\u00edod<span class=\"_ _1\"></span>os findos em <span class=\"_ _1\"></span>31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2022 e 2021 Valores em Euros<span class=\"_ _1\"></span> Nota 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Resultado l\u00edquido d<span class=\"_ _1\"></span>o per\u00edodo<span class=\"_ _1\"></span> 392.537.070 171.411.455 Itens que pod<span class=\"_ _1\"></span>er\u00e3o ser reclassif<span class=\"_ _1\"></span>icados para a<span class=\"_ _1\"></span> demonstra\u00e7\u00e3o<span class=\"_ _1\"></span> dos resultados<span class=\"_ _45\"></span> Instrumentos finance<span class=\"_ _1\"></span>iros der<span class=\"_ _1\"></span>ivados de cobertura<span class=\"_ _1\"></span> Varia\u00e7\u00f5es no justo <span class=\"_ _1\"></span>valor 8.2 54.623.316 1.430.747 Efeito de imposto<span class=\"_ _1\"></span> 6.2 (15.021.412) (393.456) Outras varia\u00e7\u00f5es<span class=\"_ _1\"></span> nos capitais pr\u00f3<span class=\"_ _1\"></span>prios de empre<span class=\"_ _1\"></span>sas subsidi\u00e1r<span class=\"_ _1\"></span>ias 10.1 28.416.539 (4.354.319) Itens que n\u00e3o pod<span class=\"_ _1\"></span>er\u00e3o ser <span class=\"_ _1\"></span>reclassificados para a<span class=\"_ _1\"></span> demonstra\u00e7<span class=\"_ _1\"></span>\u00e3o dos resultados<span class=\"_ _45\"></span> Remensura\u00e7\u00e3o de Ben<span class=\"_ _1\"></span>ef\u00edcios p\u00f3s<span class=\"_ _1\"></span>-emprego<span class=\"_ _1\"></span> 7.2 (823.821) 277.718 Outros rendimentos<span class=\"_ _1\"></span> integrais<span class=\"_ _1\"></span>   4.838.622<span class=\"ff1 ws16\"> </span>90.332 Total de outro<span class=\"_ _1\"></span>s rendimentos in<span class=\"_ _1\"></span>tegrais l\u00edquidos de<span class=\"_ _1\"></span> imposto<span class=\"_ _1\"></span> 72.033.244<span class=\"ff3 ws11\"> </span>(2.948.977)<span class=\"_ _1\"></span> Total dos rendime<span class=\"_ _1\"></span>ntos integrais<span class=\"_ _1\"></span> 4<span class=\"ff1c\">64.570.314</span><span class=\"ws11\"> </span>168.462.478 As <span class=\"_ _0\"></span>not<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> An<span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>stit<span class=\"_ _0\"></span>uem<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>para<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>. Demonstra\u00e7\u00e3o d<span class=\"_ _1\"></span>a posi\u00e7\u00e3o f<span class=\"_ _1\"></span>inanceira <span class=\"_ _1\"></span>separad<span class=\"_ _1\"></span>a Em 31 de deze<span class=\"_ _1\"></span>mbro de 202<span class=\"_ _1\"></span>2 e 2021 Valores em Euros<span class=\"_ _1\"></span> Nota 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>ATIVO Ativos n\u00e3o corre<span class=\"_ _1\"></span>ntes Ativos fixos tang\u00ed<span class=\"_ _1\"></span>veis 3.1 855.022 908.505 Ativos sob direit<span class=\"_ _1\"></span>o de uso<span class=\"_ _1\"></span> 3.2 2.256.124 2.768.659 Investimentos em<span class=\"_ _1\"></span> subsidi\u00e1rias<span class=\"_ _1\"></span> 10.1 2.093.159.574 1.919.170.450 Investimentos em<span class=\"_ _1\"></span> associadas<span class=\"_ _1\"></span> 45.860 45.824 Valores a receber n\u00e3o<span class=\"_ _1\"></span> correntes<span class=\"_ _1\"></span> 4.2 6.684 6.684 Ativos por imposto<span class=\"_ _1\"></span>s diferidos<span class=\"_ _1\"></span> 6.2 7.074.922 7.243.947 2.103.398.186 1.930.144.069 Ativos corren<span class=\"_ _1\"></span>tes Invent\u00e1rios 4.1 25.927.585 18.548.495 Valores a receber c<span class=\"_ _1\"></span>orrentes 4.2 900.006.340 866.987.969 Imposto sobre o<span class=\"_ _1\"></span> rendimento 6.1 15.341.107 1.118.815 Caixa e equiva<span class=\"_ _1\"></span>lentes de caixa<span class=\"_ _1\"></span> 5.8 390.640.161 354.336.647 1.331.915.193 1.240.991.926 Ativo total 3.435.313.379 3.171.135.995 CAPITAL PR\u00d3P<span class=\"_ _1\"></span>RIO E PASSIV<span class=\"_ _1\"></span>O Capital e reserv<span class=\"_ _1\"></span>as Capital socia<span class=\"_ _1\"></span>l 5.2 500.000.000 500.000.000 Reservas por apli<span class=\"_ _1\"></span>ca\u00e7\u00e3o do MEP<span class=\"_ _1\"></span> 5.5 (405.228.340)<span class=\"_ _1\"></span> (437.672.593)<span class=\"_ _1\"></span> Reserva de justo va<span class=\"_ _1\"></span>lor 5.5 33.997.828 (5.604.076) Reserva lega<span class=\"_ _1\"></span>l 5.5 100.000.000 100.000.000 Outras reservas<span class=\"_ _1\"></span> 5.5 1.103.749 119.458.835 Resultados tran<span class=\"_ _1\"></span>sitados 5.5 63<span class=\"ff1d\">6.999.230</span><span class=\"ws17\"> </span>647.229.733 Resultado l\u00edqu<span class=\"_ _1\"></span>ido do per\u00edodo<span class=\"_ _1\"></span> 392.537.070 171.411.455 Dividendos antec<span class=\"_ _1\"></span>ipados  5.4 - (49.996.170)<span class=\"_ _1\"></span> Total do capital p<span class=\"_ _1\"></span>r\u00f3prio 1.25<span class=\"ff1e\">9.409.537</span><span class=\"ws11\"> </span>1.044.827.184 Passivos n\u00e3o corre<span class=\"_ _1\"></span>ntes<span class=\"_ _1\"></span> Financiamentos<span class=\"_ _1\"></span> obtidos 5.6 613.031.822 688.171.881 Passivos de loca<span class=\"_ _1\"></span>\u00e7\u00e3o 5.7 1.866.759 2.460.807 Responsabilidade<span class=\"_ _1\"></span>s por benef\u00edcios<span class=\"_ _1\"></span> definidos<span class=\"_ _1\"></span> 7.2 400.299 - Passivos por imp<span class=\"_ _1\"></span>ostos diferidos<span class=\"_ _1\"></span> 6.2 13.021.836 197.458 Provis\u00f5es 9.1 18.132.790 18.989.832 646.453.506 709.819.978 Passivos corren<span class=\"_ _1\"></span>tes Financiamentos<span class=\"_ _1\"></span> obtidos 5.6 372.414.631 244.993.753 Passivos de loca<span class=\"_ _1\"></span>\u00e7\u00e3o 5.7 515.211 423.170 Valores a pagar<span class=\"_ _1\"></span> correntes 4.3 1.0<span class=\"ff1d\">48.887.425</span> 1.139.129.433 Imposto sobre o<span class=\"_ _1\"></span> rendimento 6.1 107.633.069 31.942.477 1.5<span class=\"ff1f\">29.450.336</span><span class=\"ws11\"> </span>1.416.488.833 Passivo total<span class=\"_ _1\"></span> 2.1<span class=\"ff1f\">75.903.842</span><span class=\"ws11\"> </span>2.126.308.811 Capital Pr\u00f3pri<span class=\"_ _1\"></span>o e Passivo total<span class=\"_ _1\"></span> 3.435.313.379 3.171.135.995 As<span class=\"ls0\"> n<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Ane<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>emo<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>separ<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as.</span>Demonstra\u00e7\u00e3o d<span class=\"_ _1\"></span>as altera\u00e7\u00f5es<span class=\"_ _1\"></span> nos capitais <span class=\"_ _1\"></span>pr\u00f3prios 31 <span class=\"ls0\">de de<span class=\"_ _1\"></span>zembro de 2022 e<span class=\"_ _1\"></span> 2021 </span>202<span class=\"ls0\">2 </span>Reserva por Resultado Capital A\u00e7\u00f5es aplica\u00e7\u00e3o do Reserva de Reserva Outras Resultados l\u00edquido do Dividendos Valores em Euros Nota social pr\u00f3prias MEP justo valor legal reservas transitados per\u00edodo antecipados Total Capital pr\u00f3prio em  500<span class=\"ls0\">.000.000  </span>-(437.<span class=\"ls76\">672</span>.593) (5<span class=\"ls0\">.604.076) </span>100<span class=\"ls0\">.000.000  </span>119<span class=\"ls0\">.458.835  </span>647<span class=\"ls0\">.229.733  </span>171<span class=\"ls0\">.411.455  </span>(49.996.170) 1.044.827.184  1 de janeiro de 2022 Resultado l\u00edquido do per\u00edodo - - - - - - - 392<span class=\"ls0\">.</span>537<span class=\"ls0\">.070 </span>-392<span class=\"ls0\">.</span>537<span class=\"ls0\">.070</span>Outros rendimentos integrais - - 32<span class=\"ls0\">.</span>444<span class=\"ls0\">.253  </span>39 601.904 - -  <span class=\"ff1\">(</span><span class=\"ls0\">12.913<span class=\"ff1\">)</span></span>- - 72.033.244<span class=\"ff1 ws18\">  </span>(l\u00edquidos de imposto) Total dos rendimentos - - 32<span class=\"ls0\">.444.</span>253 <span class=\"_ _0\"></span><span class=\"ls0\"> </span>39 601 904 - -      <span class=\"ff3\">(</span><span class=\"ls0\">12.913<span class=\"ff3\">)</span></span>392<span class=\"ls0\">.537.070  </span>-<span class=\"ff23\"> </span><span class=\"ls76 ws0\">4<span class=\"ff23 ls0\">64.570.314</span></span>integrais do per\u00edodo Aplica\u00e7\u00e3o do lucro do per\u00edodo 2021: 5.4 -<span class=\"_\"> </span>Dividendos pagos- - - - - - (131.<span class=\"ls49\">632</span>.875) - - (131.<span class=\"ls49\">632</span>.875) -<span class=\"_\"> </span>Aplica\u00e7\u00e3o do resultado l\u00edquido5.4 - - - - - - 132<span class=\"ls0\">.</span>415<span class=\"ls0\">.285 </span>(171.<span class=\"ls49\">411</span>.455) 49<span class=\"ls0\">.</span>996<span class=\"ls0\">.170  </span>11<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>do per\u00edodo anterior-<span class=\"_\"> </span>Gratifica\u00e7\u00f5es de balan\u00e7o - - - - - - (11.<span class=\"ls49\">000</span>.000) - - (11.<span class=\"ls49\">000</span>.000) Distribui\u00e7\u00e3o de reservas5.4 - - - - -(118.<span class=\"ls49\">355</span>.086)- - - (118.<span class=\"ls49\">355</span>.086) Total de transa\u00e7\u00f5es com - - - - -(118.<span class=\"ls76\">355</span>.086) (10.217.590) (171.<span class=\"ls76\">411</span>.455) 49<span class=\"ls0\">.996.</span>170 <span class=\"_ _0\"></span><span class=\"ls0\"> </span>(249.<span class=\"ls76\">987</span>.961) acionistas Capital pr\u00f3prio em  500<span class=\"ls0\">.000.000  </span>-(405.<span class=\"ls76\">228</span>.340) 33<span class=\"ls0\">.997.</span>828 <span class=\"_ _0\"></span><span class=\"ls0\"> </span>100<span class=\"ls0\">.000.000  </span>1.103.749  63<span class=\"ff22 ls0\">6.999.230</span>392<span class=\"ls0\">.537.070  </span>-<span class=\"_\"> </span><span class=\"ws0\">1.25<span class=\"ff25\">9.409.537</span></span>31 de dezembro de 2022 2021<span class=\"ls0\"> </span>Reserva por Resultado Capital A\u00e7\u00f5es aplica\u00e7\u00e3o do Reserva de Reserva Outras Resultados l\u00edquido do Dividendos Valores em Euros Nota social<span class=\"fc4\"> </span>pr\u00f3prias<span class=\"fc4\"> </span>MEP<span class=\"fc4\"> </span>justo valor<span class=\"fc4\"> </span>legal<span class=\"fc4\"> </span>reservas<span class=\"fc4\"> </span>transitados<span class=\"fc4\"> </span>per\u00edodo<span class=\"fc4\"> </span>antecipados Total<span class=\"fc4\"> </span>Capital pr\u00f3prio em 1 de janeiro 500<span class=\"ls0\">.000.000  </span>(20.189.264) (433.<span class=\"ls76\">318</span>.274) (6<span class=\"ls0\">.641.368) </span>100<span class=\"ls0\">.</span>000.<span class=\"_ _0\"></span><span class=\"ls0\">000  </span>264<span class=\"ls0\">.066.381  </span>512<span class=\"ls0\">.795.312  </span>109<span class=\"ls0\">.213.720  </span>-1.025.926.506de 2021 Resultado l\u00edquido do per\u00edodo - - - - - - - 171<span class=\"ls0\">.</span>411<span class=\"ls0\">.455 </span>-171<span class=\"ls0\">.</span>411<span class=\"ls0\">.455</span>Outros rendimentos integrais - - (4<span class=\"ls0\">.<span class=\"ls49\">354</span>.319) </span>1.<span class=\"ls49\">037</span>.292  - - 368<span class=\"ls0\">.</span>050 - - (2<span class=\"ls0\">.<span class=\"ls49\">948</span>.977) </span>(l\u00edquidos de imposto) Total dos rendimentos integrais - - (4<span class=\"ls0\">.354.319) </span>1.037.292  - - 368<span class=\"ls0\">.050  </span>171<span class=\"ls0\">.411.455  </span>-168<span class=\"ls0\">.462.478</span>do per\u00edodo Aplica\u00e7\u00e3o do lucro do per\u00edodo 2020: -<span class=\"_\"> </span>Dividendos pagos5.4 - - - - - - (99.<span class=\"ls49\">565</span>.630) - - (99.<span class=\"ls49\">565</span>.630) -<span class=\"_\"> </span>Aplica\u00e7\u00e3o do resultado l\u00edquido do5.4 - - - - - - 116<span class=\"ls0\">.</span>213<span class=\"ls0\">.720 </span>(109.<span class=\"ls49\">213</span>.720) -7.<span class=\"ls49\">000</span>.000per\u00edodo anterior-<span class=\"_\"> </span>Gratifica\u00e7\u00f5es de balan\u00e7o - - - - - - (7<span class=\"ls0\">.<span class=\"ls49\">000</span>.000) </span>- - (7<span class=\"ls0\">.<span class=\"ls49\">000</span>.000) </span>Transfer\u00eancia de reservas para - - - - -(138.<span class=\"ls49\">290</span>.615)138<span class=\"ls0\">.</span>290<span class=\"ls0\">.615 </span>- - - resultados transitados Incorpora\u00e7\u00e3o de reservas 6.<span class=\"ls49\">316</span>.931  - - - - (6<span class=\"ls0\">.<span class=\"ls49\">316</span>.931) </span>- - - - Extin\u00e7\u00e3o de a\u00e7\u00f5es pr\u00f3prias 5.2 (6<span class=\"ls0\">.<span class=\"ls49\">316</span>.931) </span>20<span class=\"ls0\">.</span>189<span class=\"ls0\">.264  </span>- - - - (13.<span class=\"ls49\">872</span>.333) - - - Dividendos antecipados - - - - - - - - (49.<span class=\"ls49\">996</span>.170) (49.<span class=\"ls49\">996</span>.170) Total de transa\u00e7\u00f5es com -20<span class=\"ls0\">.189.</span>264- - -  (144.<span class=\"ls76\">607</span>.546) 134<span class=\"ls0\">.066.371  </span>(109.<span class=\"ls76\">213</span>.720) (49.996.170) (149.<span class=\"ls76\">561</span>.800) Acionistas Capital pr\u00f3prio em 31 de 500<span class=\"ls0\">.000.000  </span>-(437.<span class=\"ls76\">672</span>.593) (5<span class=\"ls0\">.604.076) </span>100<span class=\"ls0\">.000.000  </span>119<span class=\"ls0\">.458.835  </span>647<span class=\"ls0\">.229.733  </span>171<span class=\"ls0\">.411.455  </span>(49.996.170) 1.044.827.184  dezembro de 2021 As <span class=\"_ _0\"></span>not<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> An<span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>stit<span class=\"_ _0\"></span>uem<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>para<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>.Demonstra\u00e7\u00e3o d<span class=\"_ _1\"></span>os fluxos d<span class=\"_ _1\"></span>e caixa separad<span class=\"_ _1\"></span>a  Para os per\u00edod<span class=\"_ _1\"></span>os findos em 31 <span class=\"_ _1\"></span>de dez<span class=\"_ _1\"></span>embro de <span class=\"_ _1\"></span>2022 e 2021 Valores em Euros<span class=\"_ _1\"></span> Nota 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>ATIVIDADES OPE<span class=\"_ _1\"></span>RACIONAIS<span class=\"_ _1\"></span> Recebimentos de C<span class=\"_ _1\"></span>lientes<span class=\"_ _1\"></span> 3.960.422.577 <span class=\"_ _1\"></span> 2.455.874.053 <span class=\"_ _1\"></span> Pagamentos a Forn<span class=\"_ _1\"></span>ecedores <span class=\"_ _1\"></span> (4.186.123.618<span class=\"_ _1\"></span>) (2.575.275.826<span class=\"_ _1\"></span>) Pagamentos ao pe<span class=\"_ _1\"></span>ssoal  (4.095.315) (7.108.255) Fluxos gerados pe<span class=\"_ _1\"></span>las opera\u00e7\u00f5es <span class=\"_ _1\"></span> (229.796.356)<span class=\"_ _1\"></span> (126.510.028)<span class=\"_ _1\"></span> (Pagamentos)/receb<span class=\"_ _1\"></span>imentos do im<span class=\"_ _1\"></span>posto sobre o rend<span class=\"_ _1\"></span>imento <span class=\"_ _1\"></span> (64.445.158) (19.461.688)<span class=\"_ _1\"></span> Outros (pagamentos<span class=\"_ _1\"></span>)/recebimentos da<span class=\"_ _1\"></span> atividade operac<span class=\"_ _1\"></span>ional <span class=\"_ _1\"></span> 445.117.777 <span class=\"_ _1\"></span> 244.558.651 <span class=\"_ _1\"></span> Fluxos das ativid<span class=\"_ _1\"></span>ades operacio<span class=\"_ _1\"></span>nais (1)<span class=\"_ _1\"></span> 150.876.263 <span class=\"_ _1\"></span> 98.586.935 <span class=\"_ _1\"></span> ATIVIDADES DE I<span class=\"_ _1\"></span>NVESTIMENT<span class=\"_ _1\"></span>O <span class=\"_ _1\"></span> Recebimentos prov<span class=\"_ _1\"></span>enientes d<span class=\"_ _1\"></span>e: Ativos fixos tang\u00ed<span class=\"_ _1\"></span>veis 14.342  -  Ativos intang\u00edve<span class=\"_ _1\"></span>is -  6.636.500 <span class=\"_ _1\"></span> Empr\u00e9stimos a<span class=\"_ _1\"></span> subsidi\u00e1rias<span class=\"_ _1\"></span> 507.014  -  Juros e rendimentos<span class=\"_ _1\"></span> similares <span class=\"_ _1\"></span> 15.278.082 <span class=\"_ _1\"></span> 13.026.983 <span class=\"_ _1\"></span> Dividendos de sub<span class=\"_ _1\"></span>sidi\u00e1rias<span class=\"_ _1\"></span> 10.1 92.799.990 <span class=\"_ _1\"></span> 85.802.502 <span class=\"_ _1\"></span> 108.599.428 <span class=\"_ _1\"></span> 105.465.985 <span class=\"_ _1\"></span> Pagamentos respe<span class=\"_ _1\"></span>itantes a:<span class=\"_ _1\"></span> Investimentos em<span class=\"_ _1\"></span> subsidi\u00e1rias<span class=\"_ _1\"></span> 10.1 (8.909.329) (5.750.000) Empr\u00e9stimos a<span class=\"_ _1\"></span> subsidi\u00e1rias<span class=\"_ _1\"></span> (105.311.036)<span class=\"_ _1\"></span> -  (114.220.365)<span class=\"_ _1\"></span> (5.750.000)<span class=\"_ _1\"></span> Fluxos das ativid<span class=\"_ _1\"></span>ades de invest<span class=\"_ _1\"></span>imento  (2)<span class=\"_ _1\"></span> (5.620.937)<span class=\"_ _1\"></span> 99.715.985 <span class=\"_ _1\"></span> ATIVIDADES DE F<span class=\"_ _1\"></span>INANCIAME<span class=\"_ _1\"></span>NTO  Recebimentos prov<span class=\"_ _1\"></span>enientes d<span class=\"_ _1\"></span>e: Financiamentos<span class=\"_ _1\"></span> obtidos 5.9 430.000.000 <span class=\"_ _1\"></span> 147.500.000 <span class=\"_ _1\"></span> Empr\u00e9stimos a<span class=\"_ _1\"></span> subsidi\u00e1rias<span class=\"_ _1\"></span> 10.2 120.650.000 <span class=\"_ _1\"></span> 666.496.513 <span class=\"_ _1\"></span> 550.650.000 <span class=\"_ _1\"></span> 813.996.513 <span class=\"_ _1\"></span> Pagamentos respe<span class=\"_ _1\"></span>itantes a:<span class=\"_ _1\"></span> Financiamentos<span class=\"_ _1\"></span> obtidos 5.9 (545.218.254)<span class=\"_ _1\"></span> (291.527.778)<span class=\"_ _1\"></span> Amortiza\u00e7\u00e3o de<span class=\"_ _1\"></span> contratos de loca\u00e7<span class=\"_ _1\"></span>\u00e3o 5.7 (591.252) (589.656) Juros e gastos sim<span class=\"_ _1\"></span>ilares (30.443.814) (9.756.483) Distribui\u00e7\u00e3o de <span class=\"_ _1\"></span>dividendos<span class=\"_ _1\"></span> 5.4 (131.632.875)<span class=\"_ _1\"></span> (149.561.800)<span class=\"_ _1\"></span> Distribui\u00e7\u00e3o de re<span class=\"_ _1\"></span>servas 5.4 (118.355.086)<span class=\"_ _1\"></span> -  Empr\u00e9stimos a<span class=\"_ _1\"></span> subsidi\u00e1rias<span class=\"_ _1\"></span> (2.000.000) (633.141.611)<span class=\"_ _1\"></span> (828.241.281)<span class=\"_ _1\"></span> (1.084.577.32<span class=\"_ _1\"></span>8) Fluxos das ativid<span class=\"_ _1\"></span>ades de finan<span class=\"_ _1\"></span>ciamento  (3)<span class=\"_ _45\"></span> (277.591.281)<span class=\"_ _1\"></span> (270.580.815)<span class=\"_ _1\"></span> VARIA\u00c7\u00c3O DE CAI<span class=\"_ _1\"></span>XA E EQUI<span class=\"_ _1\"></span>VALENTES DE CAI<span class=\"_ _1\"></span>XA (1)+(<span class=\"_ _1\"></span>2)+(3)<span class=\"_ _1\"></span> (132.335.955)<span class=\"_ _1\"></span> (72.277.895)<span class=\"_ _1\"></span> Efeito das diferen\u00e7as<span class=\"_ _1\"></span> de c\u00e2mbio<span class=\"_ _1\"></span> 1.075.735 <span class=\"_ _1\"></span> (102.010) CAIXA E EQUIVA<span class=\"_ _1\"></span>LENTES DE C<span class=\"_ _1\"></span>AIXA NO <span class=\"_ _1\"></span>IN\u00cdCIO DO PE<span class=\"_ _1\"></span>R\u00cdODO<span class=\"_ _1\"></span> 5.8 224.561.148 <span class=\"_ _1\"></span> 296.941.052 <span class=\"_ _1\"></span> CAIXA E EQUIVA<span class=\"_ _1\"></span>LENTES DE C<span class=\"_ _1\"></span>AIXA NO FI<span class=\"_ _1\"></span>M DO PER\u00cdODO<span class=\"_ _1\"></span> 5.8 93.300.927 <span class=\"_ _1\"></span> 224.561.148 <span class=\"_ _1\"></span> As <span class=\"_ _0\"></span>not<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> An<span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>stit<span class=\"_ _0\"></span>uem<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>para<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>.<span class=\"ff13 fs5 fc2\"> </span>1.<span class=\"ffd ls0\"> <span class=\"_ _c6\"> </span><span class=\"ff3\">Int<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o </span></span>Na <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>\u00e0s d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span>s, s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> s\u00ed<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>s: Pol\u00edticas contabil\u00edsticas Est<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>s\u00ed<span class=\"_ _0\"></span>mbol<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ivu<span class=\"_ _0\"></span>lga<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ol\u00edt<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>cas <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>peci<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>apli<span class=\"_ _0\"></span>c\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s aos<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>s na <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>Not<span class=\"_ _0\"></span>a. Estimativas e julgamentos contabil\u00edsticos Est<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>s\u00ed<span class=\"_ _0\"></span>mbol<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ivu<span class=\"_ _0\"></span>lga<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>e/o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>jul<span class=\"_ _0\"></span>game<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s it<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>ta. <span class=\"_ _0\"></span>As<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>jul<span class=\"_ _0\"></span>gam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s ma<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fica<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>cado<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>1.6<span class=\"_ _0\"></span>. Refer\u00eancias Est<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>s\u00ed<span class=\"_ _0\"></span>mbol<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span>tra <span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>c\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Rel<span class=\"_ _0\"></span>at\u00f3r<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>tas <span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> \u00e9 apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> it<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>vul<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>. 1.1.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Apre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o </span></span>A T<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny,<span class=\"_ _0\"></span> S.A.<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>a) \u00e9<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ied<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m se<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> Mi<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>, 2<span class=\"_ _0\"></span>901<span class=\"_ _0\"></span>-86<span class=\"_ _0\"></span>1 S<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>\u00faba<span class=\"_ _0\"></span>l, e<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ra-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>YSE<span class=\"_ _0\"></span> Eu<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>nex<span class=\"_ _0\"></span>t <span class=\"_ _0\"></span>Lisb<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ISIN<span class=\"_ _0\"></span> PTP<span class=\"_ _0\"></span>TI0<span class=\"_ _0\"></span>AM0<span class=\"_ _0\"></span>006<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span> Des<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> So<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l:<span class=\"_ _0\"></span> <span class=\"ff1\">The<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Comp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y, <span class=\"_ _0\"></span>S.A.<span class=\"_ _3b\"></span> </span>Se<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>So<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l:<span class=\"ff1\"> <span class=\"_ _0\"></span>Mit<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>na <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> A<span class=\"_ _0\"></span>part<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o 5<span class=\"_ _0\"></span>5 <span class=\"_ _0\"></span>| 29<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>-86<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>Set<span class=\"_ _0\"></span>\u00fab<span class=\"_ _0\"></span>al | <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>gal </span></span></span>For<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> J<span class=\"_ _0\"></span>ur\u00ed<span class=\"_ _0\"></span>dica<span class=\"_ _0\"></span>: <span class=\"_ _0\"></span><span class=\"ff1\">Soc<span class=\"_ _0\"></span>ied<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>\u00f3ni<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> </span>Ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal <span class=\"_ _0\"></span>So<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l:<span class=\"ff1\"> <span class=\"_ _0\"></span><span class=\"ff9\">\u20ac5<span class=\"_ _0\"></span>00.0<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>.<span class=\"ff1\">00<span class=\"_ _0\"></span>0 </span></span></span>N.I<span class=\"_ _0\"></span>.P.<span class=\"_ _0\"></span>C.:<span class=\"_ _0\"></span><span class=\"ff1\"> 50<span class=\"_ _0\"></span>3 <span class=\"_ _0\"></span>025<span class=\"_ _0\"></span> 7<span class=\"_ _0\"></span>98 </span>A N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> a e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>a-<span class=\"_ _0\"></span>m\u00e3e <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r (<span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo)<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>tu\u00ed<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor e<span class=\"_ _0\"></span> Sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e1ria<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nfor<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sent<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> fina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>olid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s. A T<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny,<span class=\"_ _0\"></span> S.A.<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>015<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>a Po<span class=\"_ _0\"></span>rtu<span class=\"_ _0\"></span>cel<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span>), <span class=\"_ _0\"></span>adi<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>igna<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r,<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>uma <span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>apit<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>do p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> nom<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>i co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>titu<span class=\"_ _0\"></span>\u00edd<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m 3<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>1993<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ao a<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>go <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>to-<span class=\"_ _0\"></span>Le<span class=\"_ _0\"></span>i n<span class=\"_ _0\"></span>.\u00ba <span class=\"_ _0\"></span>39/<span class=\"_ _0\"></span>93<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 13<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fe<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ro, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>roce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ree<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>ra\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tuc<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> <span class=\"_ _0\"></span>Empr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>de Ce<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>se </span></span>e <span class=\"_ _0\"></span>Pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span>, E<span class=\"_ _0\"></span>.P.A g<span class=\"_ _0\"></span>\u00e9n<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ualm<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nta <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s 50<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o s\u00e9<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>XX, qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>uip<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e t<span class=\"_ _0\"></span>\u00e9c<span class=\"_ _0\"></span>nicos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a C<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>anh<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ugue<span class=\"_ _0\"></span>sa d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Ce<span class=\"_ _0\"></span>lul<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Ca<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ornou<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s\u00edve<span class=\"_ _0\"></span>l qu<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>mpre<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>und<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>r pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>anq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ucal<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>to a<span class=\"_ _0\"></span>o sul<span class=\"_ _0\"></span>fa<span class=\"_ _0\"></span>to. Em <span class=\"_ _0\"></span>19<span class=\"_ _0\"></span>76<span class=\"_ _0\"></span>, f<span class=\"_ _0\"></span>oi <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>tu\u00edd<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>EP <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ulta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>esso<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>naci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a in<span class=\"_ _0\"></span>d\u00fas<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>elu<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>se q<span class=\"_ _0\"></span>ue,<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ela f<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>CPC <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>nhi<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Cel<span class=\"_ _0\"></span>ulo<span class=\"_ _0\"></span>se,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A.R<span class=\"_ _0\"></span>.L.<span class=\"_ _0\"></span> (C<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>a),<span class=\"_ _0\"></span> So<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>l </span></span>\u2013<span class=\"ff1\"> <span class=\"_ _0\"></span>Soc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> In<span class=\"_ _0\"></span>dus<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Ce<span class=\"_ _0\"></span>lul<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span>R.<span class=\"_ _0\"></span>L. (<span class=\"_ _0\"></span>Se<span class=\"_ _0\"></span>t\u00fab<span class=\"_ _0\"></span>al)<span class=\"_ _0\"></span>, C<span class=\"_ _0\"></span>elt<span class=\"_ _0\"></span>ej<span class=\"_ _0\"></span>o <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> Cel<span class=\"_ _0\"></span>ulo<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Tej<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A.R<span class=\"_ _0\"></span>.L.<span class=\"_ _0\"></span> </span></span></span>(Vi<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span> Ve<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> R\u00f3<span class=\"_ _0\"></span>d\u00e3<span class=\"_ _0\"></span>o),<span class=\"_ _0\"></span> Cel<span class=\"_ _0\"></span>nor<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> Cel<span class=\"_ _0\"></span>ulo<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A.R<span class=\"_ _0\"></span>.L.<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>Via<span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Cas<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>lo)<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> Cel<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>s </span></span>do<span class=\"_ _0\"></span> Gu<span class=\"_ _0\"></span>adi<span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A.<span class=\"_ _0\"></span>R.L<span class=\"_ _0\"></span>. (<span class=\"_ _0\"></span>Mo<span class=\"_ _0\"></span>ur\u00e3<span class=\"_ _0\"></span>o) <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>rou <span class=\"_ _0\"></span>a P<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tuc<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Cel<span class=\"_ _0\"></span>ulo<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>e P<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>e </span></span>Por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>E.P<span class=\"_ _0\"></span>., <span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>nsf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de a<span class=\"_ _0\"></span>n\u00f3n<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>is m<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>tari<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>\u00fabl<span class=\"_ _0\"></span>ico<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o Dec<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>to-<span class=\"_ _0\"></span>Le<span class=\"_ _0\"></span>i n<span class=\"_ _0\"></span>.\u00ba <span class=\"_ _0\"></span>405<span class=\"_ _0\"></span>/9<span class=\"_ _0\"></span>0, d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>21 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o. Pos<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>rme<span class=\"_ _0\"></span>nte<span class=\"_ _3b\"></span>, com<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ultad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a P<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tuc<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> </span></span>Cel<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> Pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ugal<span class=\"_ _0\"></span>, S.<span class=\"_ _0\"></span>A.,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>enom<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ucel<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>S.G<span class=\"_ _0\"></span>.P.S<span class=\"_ _0\"></span>., <span class=\"_ _0\"></span>S.A<span class=\"_ _0\"></span>.,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span>, fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 19<span class=\"_ _0\"></span>93<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>i\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span>, em<span class=\"_ _0\"></span> 3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e mai<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sse <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>abri<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>Dec<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>to-<span class=\"_ _0\"></span>Le<span class=\"_ _0\"></span>i n<span class=\"_ _0\"></span>.\u00ba <span class=\"_ _0\"></span>39/<span class=\"_ _0\"></span>93<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 13 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>reir<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>x-<span class=\"_ _0\"></span>ativo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> du<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>inci<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>sed<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Ca<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>Set<span class=\"_ _0\"></span>\u00fab<span class=\"_ _0\"></span>al. Em <span class=\"_ _0\"></span>19<span class=\"_ _0\"></span>95<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>hav<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ser<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> pri<span class=\"_ _3b\"></span>vatiz<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span>do n<span class=\"_ _0\"></span>o me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>cati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eu c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ital<span class=\"_ _0\"></span>. Com<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>jet<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>rar<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>\u00fas<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Port<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tuc<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>adq<span class=\"_ _0\"></span>uiri<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>a P<span class=\"_ _0\"></span>ap\u00e9<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> Inap<span class=\"_ _0\"></span>a, <span class=\"_ _3b\"></span>S.A. (<span class=\"_ _0\"></span>Se<span class=\"_ _0\"></span>t\u00fab<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>) e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>200<span class=\"_ _0\"></span>0, <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a S<span class=\"_ _0\"></span>opo<span class=\"_ _0\"></span>rce<span class=\"_ _0\"></span>l <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> So<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>eda<span class=\"_ _0\"></span>de P<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tug<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Pap<span class=\"_ _0\"></span>el,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>(Fi<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a </span></span>da <span class=\"_ _0\"></span>Fo<span class=\"_ _0\"></span>z),<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 2<span class=\"_ _0\"></span>001<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Este<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>movi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rat\u00e9<span class=\"_ _0\"></span>gic<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>m de<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>gem<span class=\"_ _0\"></span> ao <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>cel<span class=\"_ _0\"></span> So<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>rce<span class=\"_ _0\"></span>l (a<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po N<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>que <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>atua<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o ma<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>r eu<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>u e<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> mu<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>bra<span class=\"_ _0\"></span>nca<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>alip<span class=\"_ _0\"></span>to e<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>aior<span class=\"_ _3b\"></span> prod<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>opeu<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e pap<span class=\"_ _0\"></span>\u00e9i<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fino<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>os. Em <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>4 o <span class=\"_ _0\"></span>Est<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ugu<span class=\"_ _0\"></span>\u00eas<span class=\"_ _0\"></span> alie<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>anch<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 30<span class=\"_ _0\"></span>% d<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Po<span class=\"_ _0\"></span>rtu<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>l q<span class=\"_ _0\"></span>ue foi<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>dq<span class=\"_ _0\"></span>uiri<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Sema<span class=\"_ _0\"></span>pa <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> la<span class=\"_ _0\"></span>n\u00e7o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> OP<span class=\"_ _0\"></span>A t<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a ass<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po, <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>r,<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>ma p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o cor<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>onde<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a 6<span class=\"_ _0\"></span>7,1%<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a P<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>ucel<span class=\"_ _0\"></span>. Em <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>mbro<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>6, <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Estad<span class=\"_ _0\"></span>o P<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tug<span class=\"_ _0\"></span>u\u00ea<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lui<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span> 3.<span class=\"_ _0\"></span>\u00aa e <span class=\"_ _0\"></span>\u00fal<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>epri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Par<span class=\"_ _0\"></span>p\u00fa<span class=\"_ _0\"></span>blic<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>esce<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>25<span class=\"_ _0\"></span>,72%<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> So<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>edad<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span>  Em <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>07<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po i<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tiu <span class=\"_ _0\"></span>num<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>ova<span class=\"_ _0\"></span> m\u00e1<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l lo<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>l de<span class=\"_ _0\"></span> S<span class=\"_ _0\"></span>et\u00fa<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>l qu<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nici<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ular<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 200<span class=\"_ _0\"></span>9. De <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>09<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>jul<span class=\"_ _0\"></span>ho d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>201<span class=\"_ _0\"></span>5, <span class=\"_ _0\"></span>a So<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>i d<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> mais<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 7<span class=\"_ _0\"></span>5%<span class=\"_ _0\"></span> dir<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ta e<span class=\"_ _0\"></span> ind<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> pel<span class=\"_ _0\"></span>a Sem<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>a <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> So<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Inv<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>est\u00e3<span class=\"_ _0\"></span>o S<span class=\"_ _0\"></span>GPS<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A.<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>clui<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>as)<span class=\"_ _0\"></span>, te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> </span></span>pe<span class=\"_ _0\"></span>rce<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>trol<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> vot<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>duz<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 70<span class=\"_ _0\"></span>% e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>resu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>\u00fabli<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>t\u00ed<span class=\"_ _0\"></span>tulo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>cel p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> t\u00ed<span class=\"_ _0\"></span>tul<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>Sem<span class=\"_ _0\"></span>apa<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>jul<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>15<span class=\"_ _0\"></span>. Em <span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>reir<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>15, <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>trou<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>egm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span><span class=\"ff7\">Tiss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span><span class=\"ff1\">, c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>aqu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> AMS<span class=\"_ _0\"></span>-BR<span class=\"_ _0\"></span> </span></span>Sta<span class=\"_ _0\"></span>r P<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>r,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>(at<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>Tis<span class=\"_ _0\"></span>sue<span class=\"_ _0\"></span> R<span class=\"_ _0\"></span>\u00f3d\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>S.A<span class=\"_ _0\"></span>.),<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>\u00e9m <span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ra uma<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>em V<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>a V<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>R\u00f3d<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u\u00eddo<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dus<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Avei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>agos<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>18<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>\u00e9 op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>a pe<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Tiss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> Av<span class=\"_ _0\"></span>eiro<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span>, se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> mai<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> pro<span class=\"_ _0\"></span>dut<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>rtu<span class=\"_ _0\"></span>gu\u00ea<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e o <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rce<span class=\"_ _0\"></span>iro <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>Pe<span class=\"_ _0\"></span>n\u00edn<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>a Ib<span class=\"_ _0\"></span>\u00e9r<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a cap<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 13<span class=\"_ _0\"></span>0 m<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>nel<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>20 <span class=\"_ _0\"></span>mil<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>nel<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s. Tam<span class=\"_ _0\"></span>b\u00e9<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>201<span class=\"_ _0\"></span>5, <span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>resa <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nou<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>ria <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>Pulp<span class=\"_ _0\"></span> Se<span class=\"_ _0\"></span>t\u00fa<span class=\"_ _0\"></span>bal,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>os ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ndu<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>izad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> na <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> B<span class=\"_ _0\"></span>EKP<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ompl<span class=\"_ _0\"></span>exo<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ustri<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Se<span class=\"_ _0\"></span>t\u00fab<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>. Em <span class=\"_ _0\"></span>6 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fev<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>016<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ent<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>uce<span class=\"_ _0\"></span>lSo<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>cel<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>orpo<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>a par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>The<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>y. E<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>ova<span class=\"_ _0\"></span> id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rpor<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>uni<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esas<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> hi<span class=\"_ _0\"></span>st\u00f3<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 6<span class=\"_ _0\"></span>0 a<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dend<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dar<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma i<span class=\"_ _0\"></span>mag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ais m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>na e <span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tiva<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o. Na <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>a P<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tuc<span class=\"_ _0\"></span>el,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>mud<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00e3o s<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>ap\u00f3<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> Ass<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>eia <span class=\"_ _0\"></span>Ger<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> 19<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> abr<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>16<span class=\"_ _0\"></span>, par<span class=\"_ _0\"></span>a T<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>mpan<span class=\"_ _0\"></span>y, <span class=\"_ _0\"></span>S.A<span class=\"_ _0\"></span>. Ain<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>c\u00edci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>201<span class=\"_ _0\"></span>6 a <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> efe<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pit<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>p\u00e9c<span class=\"_ _0\"></span>ie <span class=\"_ _0\"></span>na so<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>eda<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Ene<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ulp<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> Co<span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o E<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>g\u00e9t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a P<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span>, m<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntra<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>de </span></span>ge<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ergi<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>art<span class=\"_ _0\"></span>ir <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>bio<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>cali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>lex<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>Se<span class=\"_ _0\"></span>t\u00faba<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>e Ave<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> ten<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ig<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> efe<span class=\"_ _0\"></span>tuad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> esp<span class=\"_ _0\"></span>\u00e9ci<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>cied<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Par<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>Ind<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>, S.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>\u00e9s <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ter<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> edi<span class=\"_ _0\"></span>f\u00edc<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>stri<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> sit<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>os em<span class=\"_ _0\"></span> Av<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>\u00fabal<span class=\"_ _0\"></span>. Em <span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> jan<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>17, <span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>u a <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> as <span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pape<span class=\"_ _0\"></span>l,<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> cel<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>\u00f3si<span class=\"_ _0\"></span>ca e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> <span class=\"ff7\">tis<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e<span class=\"ff1\"> d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>o-s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>stri<span class=\"_ _0\"></span>bui<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rupo<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Des<span class=\"_ _0\"></span>ta f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma,<span class=\"_ _0\"></span> </span></span>tor<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>u-<span class=\"_ _0\"></span>se r<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rin<span class=\"_ _0\"></span>cipa<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> exp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>es n<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e mai<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> para<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ono<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al. A p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>017<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cen<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odut<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>assar<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>excl<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> \u00e0 N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>dut<span class=\"_ _0\"></span>oras<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>al\u00e9<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>\u00e1 <span class=\"_ _0\"></span>vinh<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>lv<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span>A p<span class=\"_ _0\"></span>arti<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ja<span class=\"_ _0\"></span>nei<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>018<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for\u00e7<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> ess<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>a ati<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntra<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>tivi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xte<span class=\"_ _0\"></span>rior<span class=\"_ _3b\"></span> e ab<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>teci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o da<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utor<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>\u00e9r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span>-pri<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>s u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>esso<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>vo. Tam<span class=\"_ _0\"></span>b\u00e9<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>201<span class=\"_ _0\"></span>7, <span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>emo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ord<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>as IFR<span class=\"_ _0\"></span>S <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> N<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span> Int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Rel<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro. </span></span>Ass<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ir <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 201<span class=\"_ _0\"></span>7 e<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om r<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>or\u00e7<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>8, <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Empr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>onc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ua ati<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>iali<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utos<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>rod<span class=\"_ _3b\"></span>utos in<span class=\"_ _0\"></span>dus<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>, b<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>pres<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>rvi<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>dmi<span class=\"_ _0\"></span>nist<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>st\u00e3o<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di\u00e1r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span>, e <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>st\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>as. <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a ge<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>arca<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>x-<span class=\"_ _0\"></span>Pap\u00e9<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>Inap<span class=\"_ _0\"></span>a, <span class=\"_ _3b\"></span>S.A., <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>uga<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> efe<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ed\u00ea<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>. A p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>pal<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iste<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rodu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>ess\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _3b\"></span> escri<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>\u00e9s<span class=\"_ _0\"></span>tico<span class=\"_ _0\"></span>, b<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rial<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> tod<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sde<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tig<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>vim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>\u00e0 p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o f<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>deir<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>du\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>bra<span class=\"_ _0\"></span>nq<span class=\"_ _0\"></span>uea<span class=\"_ _0\"></span>da de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>uca<span class=\"_ _0\"></span>lip<span class=\"_ _0\"></span>to <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a B<span class=\"_ _0\"></span>EKP<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> e <span class=\"_ _0\"></span>prod<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>erg<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>t\u00e9r<span class=\"_ _0\"></span>mica<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>\u00e9tr<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>, b<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span> </span></span></span></span>com<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o.Uma<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> det<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>hada<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> ra<span class=\"_ _0\"></span>mo d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>g\u00f3c<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>a-<span class=\"_ _0\"></span>se di<span class=\"_ _0\"></span>vul<span class=\"_ _0\"></span>gad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 2<span class=\"_ _0\"></span>.1 <span class=\"_ _0\"></span><span class=\"ff15\">\u2013<span class=\"ff7\"> R<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>o po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s. </span></span>A N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>clu\u00ed<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>\u00edme<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Sem<span class=\"_ _0\"></span>apa<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> So<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> </span></span>Ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>SGP<span class=\"_ _0\"></span>S, <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa-<span class=\"_ _0\"></span>m\u00e3e<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Sod<span class=\"_ _0\"></span>im <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> <span class=\"_ _0\"></span>SGPS<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A.,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ador<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>l. </span></span>1.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Impa<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nf<span class=\"_ _3b\"></span>lito <span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>lit<span class=\"_ _0\"></span>ar </span></span>na<span class=\"_ _0\"></span> Uc<span class=\"_ _0\"></span>r\u00e2<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>a Em <span class=\"_ _0\"></span>21<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e fe<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2, <span class=\"_ _0\"></span>a Fe<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> R<span class=\"_ _0\"></span>uss<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>ceu<span class=\"_ _0\"></span> of<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>alme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dua<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>\u00fabli<span class=\"_ _0\"></span>cas se<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>les<span class=\"_ _0\"></span>te d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Ucr<span class=\"_ _0\"></span>\u00e2ni<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ou o<span class=\"_ _0\"></span> us<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>lit<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> ter<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t\u00f3r<span class=\"_ _0\"></span>io. E<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>24 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fe<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>reir<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>opa<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> inv<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>a U<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>\u00e2nia <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>u-se<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>fli<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>mili<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r g<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>raliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o ne<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>a\u00eds,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> tem<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>cado<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>riai<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> h<span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>uz<span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esl<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s ma<span class=\"ls0\">ssi<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ula\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span>  </span>Em <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>osta<span class=\"_ _0\"></span>, m<span class=\"_ _0\"></span>\u00fal<span class=\"_ _0\"></span>tipl<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>di\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>onde<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>ui, <span class=\"_ _0\"></span>a U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>\u00e3o E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>opei<span class=\"_ _0\"></span>a,<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>ino<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>Su\u00ed\u00e7a<span class=\"_ _0\"></span>, Est<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>Uni<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Am<span class=\"_ _0\"></span>\u00e9ri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>, Can<span class=\"_ _0\"></span>ad\u00e1<span class=\"_ _0\"></span>, J<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a Au<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>r\u00e1l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>este<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onfl<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ini<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>m a a<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e di<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rsa<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>an\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>\u00f3mi<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>R\u00fa<span class=\"_ _0\"></span>ssia<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a di<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rso<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> seu<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>age<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>con\u00f3<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> e,<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>vez<span class=\"_ _0\"></span>es,<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>Biel<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>\u00fas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>a. Po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>, a <span class=\"_ _0\"></span>R\u00fa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>a in<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ou u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>ia\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>b\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>as ec<span class=\"_ _0\"></span>on\u00f3<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as l<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a R\u00fa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>apar<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s rus<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span>. A m<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>an\u00e7<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>acr<span class=\"_ _0\"></span>oec<span class=\"_ _0\"></span>on\u00f3<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>eop<span class=\"_ _0\"></span>ol\u00ed<span class=\"_ _0\"></span>tico<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>urop<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>lit<span class=\"_ _0\"></span>o aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tou<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>tez<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> glob<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>o-<span class=\"_ _0\"></span>se \u00e0<span class=\"_ _0\"></span>: <span class=\"_ _0\"></span>i) <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>usp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s\u00e3o <span class=\"_ _0\"></span>e/<span class=\"_ _0\"></span>ou di<span class=\"_ _0\"></span>sr<span class=\"_ _0\"></span>up\u00e7\u00e3<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> neg<span class=\"_ _0\"></span>\u00f3c<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> sed<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u de<span class=\"_ _0\"></span> or<span class=\"_ _0\"></span>ige<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>R\u00fa<span class=\"_ _0\"></span>ssia<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> Uc<span class=\"_ _0\"></span>r\u00e2ni<span class=\"_ _0\"></span>a;<span class=\"_ _0\"></span> ii<span class=\"_ _0\"></span>) au<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>re\u00e7<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span><span class=\"ff7\">comm<span class=\"_ _0\"></span>odi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"ff1\">, <span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>al\u00e7<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mbu<span class=\"_ _0\"></span>st\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>\u00f3s<span class=\"_ _0\"></span>sei<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>os m<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>cere<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s; i<span class=\"_ _0\"></span>ii<span class=\"_ _0\"></span>) </span></span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>tez<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n\u00f3mi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> gl<span class=\"_ _0\"></span>oba<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> esp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>atil<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> c\u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>axas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>la\u00e7\u00e3<span class=\"_ _0\"></span>o<span class=\"ls10\">. </span>E<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>forne<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gia,<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>abas<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>cime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>mat\u00e9<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>s-<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> ou <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>eio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>log\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntin<span class=\"_ _0\"></span>uar<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nomi<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>glo<span class=\"_ _0\"></span>bal<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>cul<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> norm<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> fun<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> eur<span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s. Con<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>nun<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>r\u00e7o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>sus<span class=\"_ _0\"></span>pen<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>us pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>s no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> R\u00fass<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Bie<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>r\u00fa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>t\u00e1 <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>har<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tori<span class=\"_ _0\"></span>zar con<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ua\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ao n<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>afi<span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> e e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>toda <span class=\"_ _0\"></span>a cad<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>nec<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> des<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>aba<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> made<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>at\u00e9ri<span class=\"_ _0\"></span>as-<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> </span></span>sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>luin<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uest<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de l<span class=\"_ _0\"></span>og\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ca)<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>nos <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>vi\u00e7<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> t\u00e9<span class=\"_ _0\"></span>cni<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>apo<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>stad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>geir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>nos <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>rvi<span class=\"_ _3b\"></span>\u00e7o e<span class=\"_ _0\"></span>m re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>me <span class=\"_ _0\"></span>de o<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>sou<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span>  A N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e1 ce<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue, <span class=\"_ _0\"></span>fac<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a R<span class=\"_ _0\"></span>\u00fas<span class=\"_ _0\"></span>sia<span class=\"_ _0\"></span> e U<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>\u00e2ni<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span><span class=\"ls15\">a </span>Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>enta<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 1% <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>r\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> 0%<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 20<span class=\"ls16\">22</span>,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> o f<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rcad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> a cad<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>nec<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xpo<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dire<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>os m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>Uc<span class=\"_ _0\"></span>r\u00e2n<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>e R<span class=\"_ _0\"></span>\u00fas<span class=\"_ _0\"></span>sia <span class=\"_ _0\"></span><span class=\"ls12\">\u00e9 </span>in<span class=\"_ _0\"></span>\u00f3cu<span class=\"_ _0\"></span>a. Ape<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to g<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>liza<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>agi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>cond<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>sua po<span class=\"_ _0\"></span>l\u00edt<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> neg<span class=\"_ _0\"></span>\u00f3c<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>egui<span class=\"_ _0\"></span>u c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nsar<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>siva<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>av\u00e9s<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e u<span class=\"_ _0\"></span>ma po<span class=\"_ _0\"></span>l\u00edt<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>ns\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>justa<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>\u00e7os <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stra<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ficaz<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>m com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>duti<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>us a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>dus<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> efi<span class=\"_ _0\"></span>ci\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>at\u00e9ri<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>-p<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>as e<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>as. A N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>sar <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a pe<span class=\"_ _0\"></span>rf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ixa<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ecor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>fli<span class=\"_ _0\"></span>to m<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r n<span class=\"_ _0\"></span>a U<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>\u00e2nia<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> ao <span class=\"_ _0\"></span>n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as e<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>ulga<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tabi<span class=\"_ _0\"></span>l\u00eds<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>levan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata o<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>supo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nside<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s pe<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>nsel<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Ad<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>istr<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>nifi<span class=\"_ _0\"></span>cat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>. Rec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Go<span class=\"_ _0\"></span>odw<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>l A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa a<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ou s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>stiam<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpac<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a gu<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Ucr<span class=\"_ _0\"></span>\u00e2n<span class=\"_ _0\"></span>ia,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tuai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>nas <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>sci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>PIB <span class=\"_ _0\"></span>e da <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ugal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>o F<span class=\"_ _0\"></span>MI e<span class=\"_ _0\"></span> B<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> pod<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>iam<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ndici<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>a ex<span class=\"_ _0\"></span>ist\u00ea<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do G<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>dwi<span class=\"_ _0\"></span>ll. <span class=\"_ _0\"></span>N\u00e3o<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>am i<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ficad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>d\u00edc<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> o Goo<span class=\"_ _0\"></span>dw<span class=\"_ _0\"></span>ill,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>tind<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>olga <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ace<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>l\u00eds<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>uni<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e cai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>(n<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>0.1<span class=\"_ _0\"></span>). Rec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>, vi<span class=\"_ _3b\"></span>da \u00fat<span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>depr<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis Ten<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>o gl<span class=\"_ _0\"></span>obal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>WF,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>da p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> fol<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos,<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>stem<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>d\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>t\u00eanc<span class=\"_ _0\"></span>ia d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fixos<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span>.  Pr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os a<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa a<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>u a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> apl<span class=\"_ _0\"></span>ic\u00e1<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>l a<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>f\u00edc<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>egad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>nef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> p\u00f3<span class=\"_ _0\"></span>s-e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span>A d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>\u00e9cni<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>) b<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>eia-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> cur<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>tabi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e (<span class=\"_ _0\"></span><span class=\"ff7\">yie<span class=\"_ _0\"></span>ld<span class=\"ff1\">)<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> </span></span>ob<span class=\"_ _0\"></span>rig<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> <span class=\"ff7\">r<span class=\"_ _0\"></span>atin<span class=\"_ _0\"></span>g<span class=\"ff1\"> <span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>uri<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>as </span></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>o. D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>rent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stud<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>atua<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>1 de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>uali<span class=\"_ _0\"></span>zou<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> 3,<span class=\"_ _0\"></span>5%,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m l<span class=\"_ _0\"></span>inh<span class=\"_ _0\"></span>a co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>as tax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>. \u00c9 <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta<span class=\"lsd\">da</span> n<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 7<span class=\"_ _0\"></span>.2 <span class=\"_ _0\"></span>uma <span class=\"_ _0\"></span>an\u00e1<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e q<span class=\"_ _0\"></span>ue pe<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ntu<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>to. Inv<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s Fac<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u00e0s <span class=\"_ _0\"></span>mar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ns <span class=\"_ _0\"></span>pra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>era <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> a 3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>z\u00e1v<span class=\"_ _0\"></span>el l<span class=\"_ _0\"></span>\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>seu<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>\u00e9 s<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>il\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>. Rec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> de <span class=\"_ _3b\"></span>saldo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Cli<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ros <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> a r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ebe<span class=\"_ _0\"></span>r As <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>mpli<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o na<span class=\"_ _0\"></span> IFR<span class=\"_ _0\"></span>S 9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>espe<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> \u00e0<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>. N<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>IFR<span class=\"_ _0\"></span>S 9<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>finan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>olid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ider<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>as s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ou d<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>riz<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s. Ain<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a pe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>r\u00e9d<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>impa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span>s em<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s os<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>amo<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span>Ne<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span>xpo<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e cr<span class=\"_ _0\"></span>\u00e9d<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>ntu<span class=\"_ _0\"></span>al i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n\u00f3mi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>s fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>conc<span class=\"_ _0\"></span>lu\u00ed<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mpo<span class=\"_ _0\"></span>nen<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>do. Li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>dez A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a si<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>iqu<span class=\"_ _0\"></span>idez<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>t\u00e1ve<span class=\"_ _0\"></span>l,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>do fr<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e uma<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>cri<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>fund<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>anei<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>n\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>mo d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>pla<span class=\"_ _0\"></span>nea<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>ama <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> <span class=\"ff7\">co<span class=\"_ _0\"></span>nfir<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ng<span class=\"ff1\"> <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tende<span class=\"_ _0\"></span>r o<span class=\"_ _0\"></span>s </span></span>pr<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>m,<span class=\"_ _0\"></span> tod<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>ia,<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpac<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s F<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>nec<span class=\"_ _0\"></span>edo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s. 1.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Even<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es </span></span>1.3.1.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Aqu<span class=\"_ _1\"></span>isi\u00e7\u00e3o de neg\u00f3cio<span class=\"_ _1\"></span> de co<span class=\"_ _1\"></span>nsumer tissue<span class=\"_ _1\"></span> em Espanha<span class=\"_ _1\"></span> </span>O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>form<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zou<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pra<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ven<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>senta<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> tot<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al s<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>da G<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>\u00e0-<span class=\"_ _0\"></span>Camp<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>sum<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>S.L.<span class=\"_ _0\"></span>U.,<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> Sar<span class=\"_ _0\"></span>ago<span class=\"_ _0\"></span>\u00e7a,<span class=\"_ _0\"></span> Es<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>nha<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>z d<span class=\"_ _0\"></span>et\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>alid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> soc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a G<span class=\"_ _0\"></span>om\u00e0<span class=\"_ _0\"></span>-Ca<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>s Fr<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>AS, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Cast<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> Fr<span class=\"_ _0\"></span>an\u00e7<span class=\"_ _0\"></span>a (<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>onj<span class=\"_ _0\"></span>unt<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>esi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>or \u201cG<span class=\"_ _0\"></span>C Con<span class=\"_ _0\"></span>sum<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u201d)<span class=\"_ _0\"></span>.<span class=\"ff1\"> </span>A a<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a G<span class=\"_ _0\"></span>C Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>umer<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tou<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e to<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>5,6<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>lh\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>nq<span class=\"_ _0\"></span>uadr<span class=\"_ _0\"></span>a-s<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>plan<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>oso<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fica<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r.<span class=\"_ _0\"></span> A <span class=\"_ _0\"></span>inte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta n<span class=\"_ _0\"></span>ova<span class=\"_ _0\"></span> f\u00e1<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>erm<span class=\"_ _0\"></span>itir<span class=\"_ _0\"></span>\u00e1 a<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>sici<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ar-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo o<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gun<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> mai<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utor<span class=\"_ _0\"></span> ib<span class=\"_ _0\"></span>\u00e9ri<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ssue<span class=\"_ _0\"></span><span class=\"ff1\">, <span class=\"_ _0\"></span>adi<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> 35.<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>0 t<span class=\"_ _0\"></span>one<span class=\"_ _0\"></span>lad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> </span></span>anu<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span><span class=\"ff1\">, qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pass<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m t<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>65.0<span class=\"_ _0\"></span>00 <span class=\"_ _0\"></span>ton<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>anu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>, e <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a </span></span>cap<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff7\">c<span class=\"_ _0\"></span>onve<span class=\"_ _0\"></span>rtin<span class=\"_ _0\"></span>g<span class=\"ff1\"> <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 60<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0 t<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>elad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>sam<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>m p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a 18<span class=\"_ _0\"></span>0.0<span class=\"_ _0\"></span>00 </span></span>ton<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>anu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>. O <span class=\"ff7 ls0\">Ent<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>Va<span class=\"_ _0\"></span>lue<span class=\"_ _0\"></span><span class=\"ff1\"> <span class=\"ff9\">de<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>cend<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a \u20ac<span class=\"_ _0\"></span> 85<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ilh\u00f5e<span class=\"_ _0\"></span>s.<span class=\"ff1\"> </span></span></span></span>1.4.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Bas<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>epa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o </span></span>1.4.1.<span class=\"ls0\"> <span class=\"_ _64\"> </span>Autoriza\u00e7\u00e3o par<span class=\"_ _1\"></span>a emiss\u00e3o das demo<span class=\"_ _1\"></span>nstra\u00e7\u00f5es fi<span class=\"_ _1\"></span>nanceiras<span class=\"_ _1\"></span><span class=\"ff1 fsa fc6\"> </span></span>As <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>sel<span class=\"_ _0\"></span>ho d<span class=\"_ _0\"></span>e Adm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aut<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>16 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>mar<span class=\"_ _0\"></span>\u00e7o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>023 <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>do, <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>tant<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a suj<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span>sem<span class=\"_ _0\"></span>ble<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> Ge<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> A<span class=\"_ _0\"></span>cion<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tas,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a le<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l em<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>gor<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>al. Os <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>elho<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>Ad<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>nam<span class=\"_ _0\"></span> o p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>at\u00f3<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>clar<span class=\"_ _0\"></span>am q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>, tan<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>seu <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhec<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to,<span class=\"_ _0\"></span> a i<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>nel<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>abor<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m con<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>age<span class=\"_ _0\"></span>m v<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> e d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> sit<span class=\"_ _0\"></span>ua\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>. 1.4.2<span class=\"ls0\"> <span class=\"_ _4e\"> </span>Referencial c<span class=\"_ _1\"></span>ontabil\u00edstico<span class=\"_ _1\"></span> </span>As <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edod<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>find<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> dez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022 <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> No<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>Inte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Rel<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>o F<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>o (IF<span class=\"_ _0\"></span>RS)<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>gor<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 1<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ja<span class=\"_ _0\"></span>neir<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>form<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>Eur<span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>. 1.<span class=\"ls0\">4.3. Moeda<span class=\"_ _1\"></span> de apresenta\u00e7\u00e3o <span class=\"_ _1\"></span>e transa\u00e7\u00f5es em<span class=\"_ _1\"></span> moeda difere<span class=\"_ _1\"></span>nte da </span>moeda de apres<span class=\"_ _1\"></span>enta\u00e7\u00e3o<span class=\"_ _1\"></span><span class=\"ff1\"> </span>Os <span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu\u00ed<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s Se<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>a mo<span class=\"_ _0\"></span>eda<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n\u00f3mi<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue a<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a (<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>unci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l).<span class=\"_ _0\"></span> As <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tram<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>apre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s em<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ndo e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a a mo<span class=\"_ _0\"></span>eda<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>unc<span class=\"_ _0\"></span>iona<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>. As <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>oed<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>nsp<span class=\"_ _0\"></span>ost<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>cion<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o as <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c\u00e2<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a da<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>(No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>8.<span class=\"_ _0\"></span>1.1)<span class=\"_ _0\"></span>. As <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c\u00e2<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> orig<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntre<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>axas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>c\u00e2m<span class=\"_ _0\"></span>bio<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>gor<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>gent<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>an\u00e7<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>gam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u \u00e0<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>da de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>finan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>epar<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gista<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> (No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>5.<span class=\"_ _0\"></span>10)<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ubri<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span>s S<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>sidi<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>stos<span class=\"_ _0\"></span> us<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o as <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c\u00e2<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> Qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ce,<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uand<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span> cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>roc<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>trap<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>nef\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>am,<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>spos<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>o c\u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>per\u00ed<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> As <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>as com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ores<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>m re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sep<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>da d<span class=\"_ _0\"></span>o Cap<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>Pr\u00f3<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>Outr<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>Not<span class=\"_ _0\"></span>a 5<span class=\"_ _0\"></span>.5)<span class=\"_ _0\"></span>. Taxas de c\u00e2mbio utilizadas Valoriz<span class=\"_ _1\"></span>a\u00e7\u00e3o / 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>21<span class=\"ls0\"> </span>(desvaloriza\u00e7\u00e3o)<span class=\"_ _1\"></span> GBP (Libra e<span class=\"_ _1\"></span>sterlina) C\u00e2mbio m\u00e9d<span class=\"_ _1\"></span>io do exerc\u00edcio<span class=\"_ _1\"></span> 0,85 0,86 0,79% C\u00e2mbio de fim <span class=\"_ _1\"></span>do exerc\u00edcio<span class=\"_ _1\"></span> 0,89 0,84 -5,55%USD (D\u00f3lar a<span class=\"_ _1\"></span>mericano) C\u00e2mbio m\u00e9d<span class=\"_ _1\"></span>io do exerc\u00edcio<span class=\"_ _1\"></span> 1,05 1,18 10,99% C\u00e2mbio de fim <span class=\"_ _1\"></span>do exerc\u00edcio<span class=\"_ _1\"></span> 1,07 1,13 5,83% PLN (Zloti polaco)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9d<span class=\"_ _1\"></span>io do exerc\u00edcio<span class=\"_ _1\"></span> 4,69 4,57 -2,66%C\u00e2mbio de fim <span class=\"_ _1\"></span>do exerc\u00edcio<span class=\"_ _1\"></span> 4,68 4,60 -1,83%SEK (Coroa sueca)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9d<span class=\"_ _1\"></span>io do exerc\u00edcio<span class=\"_ _1\"></span> 10,63 10,15 -4,77%C\u00e2mbio de fim <span class=\"_ _1\"></span>do exerc\u00edcio<span class=\"_ _1\"></span> 11,12 10,25 -8,50%CZK (Coroa checa)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9d<span class=\"_ _1\"></span>io do exerc\u00edcio<span class=\"_ _1\"></span> 24,57 25,64 4,19% C\u00e2mbio de fim <span class=\"_ _1\"></span>do exerc\u00edcio<span class=\"_ _1\"></span> 24,12 24,86 2,98% CHF (Franco s<span class=\"_ _1\"></span>u\u00ed\u00e7o) C\u00e2mbio m\u00e9d<span class=\"_ _1\"></span>io do exerc\u00edcio<span class=\"_ _1\"></span> 1,00 1,08 7,08% C\u00e2mbio de fim <span class=\"_ _1\"></span>do exerc\u00edcio<span class=\"_ _1\"></span> 0,98 1,03 4,68% DKK (Coroa d<span class=\"_ _1\"></span>inamarquesa)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9d<span class=\"_ _1\"></span>io do exerc\u00edcio<span class=\"_ _1\"></span> 7,44 7,44 -0,03%C\u00e2mbio de fim <span class=\"_ _1\"></span>do exerc\u00edcio<span class=\"_ _1\"></span> 7,44 7,44 0,00%MZM (Metical <span class=\"_ _1\"></span>mo\u00e7ambica<span class=\"_ _1\"></span>no) C\u00e2mbio m\u00e9d<span class=\"_ _1\"></span>io do exerc\u00edcio<span class=\"_ _1\"></span> 67,20 77,75 13,56% C\u00e2mbio de fim <span class=\"_ _1\"></span>do exerc\u00edcio<span class=\"_ _1\"></span> 68,18 78,09 12,69% MAD (Dirham <span class=\"_ _1\"></span>m<span class=\"lsaa\">arro</span>quino)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9d<span class=\"_ _1\"></span>io do exerc\u00edcio<span class=\"_ _1\"></span> 10,69 10,67 -0,12%C\u00e2mbio de fim <span class=\"_ _1\"></span>do exerc\u00edcio<span class=\"_ _1\"></span> 11,16 10,52 -6,11%NOK (Coroa n<span class=\"ls7b\">or<span class=\"_ _1\"></span><span class=\"ls79\">ue</span></span>guesa)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9d<span class=\"_ _1\"></span>io do exerc\u00edcio<span class=\"_ _1\"></span> 10,10 10,16 0,59% C\u00e2mbio de fim <span class=\"_ _1\"></span>do exerc\u00edcio<span class=\"_ _1\"></span> 10,51 9,99 -5,26%MXN (Peso <span class=\"_ _1\"></span>mexicano) C\u00e2mbio m\u00e9d<span class=\"_ _1\"></span>io do exerc\u00edcio<span class=\"_ _1\"></span> 21,18 23,99 11,70% C\u00e2mbio de fim <span class=\"_ _1\"></span>do exerc\u00edcio<span class=\"_ _1\"></span> 20,86 23,14 9,89% AED (<span class=\"lsab\">Di</span>rha<span class=\"_ _1\"></span>m dos Emirados)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9d<span class=\"_ _1\"></span>io do exerc\u00edcio<span class=\"_ _1\"></span> 3,87 4,34 10,92% C\u00e2mbio de fim <span class=\"_ _1\"></span>do exerc\u00edcio<span class=\"_ _1\"></span> 3,92 4,16 5,83% CAD (D\u00f3lar ca<span class=\"_ _1\"></span>nadiano)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9d<span class=\"_ _1\"></span>io do exerc\u00edcio<span class=\"_ _1\"></span> 1,37 1,48 7,64% C\u00e2mbio de fi<span class=\"_ _1\"></span>m do exerc\u00edcio<span class=\"_ _1\"></span> 1,44 1,44 -0,33%ZAR (Rand sul-a<span class=\"_ _1\"></span>fricano)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9d<span class=\"_ _1\"></span>io do exerc\u00edcio<span class=\"_ _1\"></span> 17,21 17,48 1,54% C\u00e2mbio de fim <span class=\"_ _1\"></span>do exerc\u00edcio<span class=\"_ _1\"></span> 18,10 18,06 -0,20%BRL (Real b<span class=\"_ _1\"></span>rasileiro) C\u00e2mbio m\u00e9d<span class=\"_ _1\"></span>io do exerc\u00edcio<span class=\"_ _1\"></span> 5,44 6,38 14,74% C\u00e2mbio de fim <span class=\"_ _1\"></span>do exerc\u00edcio<span class=\"_ _1\"></span> 5,64 6,31 10,64% EGP (Lib<span class=\"_ _1\"></span>ra eg\u00edpcia) C\u00e2mbio m\u00e9d<span class=\"_ _1\"></span>io do exerc\u00edcio<span class=\"_ _1\"></span> 20,18 18,55 -8,81%C\u00e2mbio de fim <span class=\"_ _1\"></span>do exerc\u00edcio<span class=\"_ _1\"></span> 26,31 17,82 -47,63%TRY (Lira turca)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9d<span class=\"_ _1\"></span>io do exerc\u00edcio<span class=\"_ _1\"></span> 17,42 10,51 -65,68%C\u00e2mbio de fim <span class=\"_ _1\"></span>do exerc\u00edcio<span class=\"_ _1\"></span> 19,96 15,23 -31,06%1.<span class=\"ls0\">4.4. Bases de<span class=\"_ _1\"></span> mensura\u00e7\u00e3o<span class=\"_ _1\"></span> </span>As <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ane<span class=\"_ _0\"></span>xa<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>am p<span class=\"_ _0\"></span>rep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>nui<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>era\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>art<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s li<span class=\"_ _0\"></span>vro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>\u00eds<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>, e tom<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>his<span class=\"_ _0\"></span>t\u00f3<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>co, <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>ceto<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>urado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>v\u00e9<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ro r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ndime<span class=\"_ _3b\"></span>nto i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>gral<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>Not<span class=\"_ _0\"></span>a 8.3<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>quai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>se i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>(No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>8.<span class=\"_ _0\"></span>2). 1.<span class=\"ls0\">4.5. Compara<span class=\"_ _1\"></span>bilidade<span class=\"_ _1\"></span> </span>As <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m t<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>os o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>aspe<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s mat<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>.1.5.<span class=\"ffd ls0\"> <span class=\"_ _48\"> </span><span class=\"ff3\">No<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>as IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s </span></span>e a<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r  1.<span class=\"ls0\">5.1. Outras no<span class=\"_ _1\"></span>rmas, altera\u00e7\u00f5<span class=\"_ _1\"></span>es e interpre<span class=\"_ _1\"></span>ta\u00e7\u00f5es adotadas<span class=\"_ _1\"></span> ou<span class=\"_ _1\"></span> a adotar </span>Normas, altera\u00e7\u00f5es e interpreta\u00e7\u00f5es adotad<span class=\"_ _0\"></span>as em 2022<span class=\"_ _1\"></span> Sem<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nstra<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras Data  Altera\u00e7\u00e3o de apli<span class=\"_ _1\"></span>ca\u00e7\u00e3o Normas e altera\u00e7\u00f5es endossadas pela Uni\u00e3o Europeia Refer\u00eancias \u00e0 Estrutura Em <span class=\"ff9\">maio de 2020,<span class=\"_ _1\"></span> o IASB emit<span class=\"_ _1\"></span>iu \u201cRefer\u00eancias \u00e0 Estrutu<span class=\"_ _1\"></span>ra Conceptua<span class=\"_ _1\"></span>l\u201d, alterando a </span>1 de janeiro de 2<span class=\"_ _1\"></span><span class=\"ls24\">022</span> Conceptual (a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es  IFRS 3 Concentra\u00e7\u00e3<span class=\"_ _1\"></span>o de Neg\u00f3cios.<span class=\"_ _1\"></span> \u00e0 IFRS 3) As altera\u00e7\u00f5es atua<span class=\"_ _1\"></span>lizaram a IFRS 3, sub<span class=\"_ _1\"></span>stituindo a<span class=\"_ _1\"></span> refer\u00eancia a uma vers\u00e3<span class=\"_ _1\"></span>o antiga da Estrutura Conceptua<span class=\"_ _1\"></span>l por uma refe<span class=\"_ _1\"></span>r\u00eancia \u00e0 vers\u00e3o<span class=\"_ _1\"></span> mais recent<span class=\"_ _1\"></span>e, que fo<span class=\"_ _1\"></span>i emitida em mar\u00e7o de 2018.<span class=\"_ _1\"></span> As altera\u00e7\u00f5es de<span class=\"_ _1\"></span>vem ser aplicadas<span class=\"_ _1\"></span> a concentra\u00e7\u00f5es <span class=\"_ _1\"></span>de neg\u00f3cios para<span class=\"_ _1\"></span> as quais a data de aquisi\u00e7\u00e3o \u00e9 no<span class=\"_ _1\"></span> ou ap\u00f3s o in\u00edc<span class=\"_ _1\"></span>io do primeiro per<span class=\"_ _1\"></span>\u00edodo de relat\u00f3r<span class=\"_ _1\"></span>io anual com in\u00edc<span class=\"_ _1\"></span>io em ou ap\u00f3s 1 de jane<span class=\"_ _1\"></span>iro de 2022. <span class=\"_ _1\"></span> Ativos fixos tang\u00ed<span class=\"_ _1\"></span>veis - Em maio de 2020,<span class=\"_ _1\"></span> o IASB emit<span class=\"_ _1\"></span>iu \u201cAtivos fixos tang<span class=\"_ _1\"></span>\u00edveis <span class=\"_ _1\"></span><span class=\"ff1\">- Receitas a<span class=\"_ _1\"></span>ntes do Uso </span>1 de janeiro de 2022<span class=\"_ _1\"></span> Receitas antes do u<span class=\"_ _1\"></span>so Pretendido\u201d, que<span class=\"_ _1\"></span> alterou a IAS 16 <span class=\"_ _1\"></span>Ativos fixos tang\u00edve<span class=\"_ _1\"></span>is.<span class=\"_ _1\"></span><span class=\"ff1\"> </span>pretendido, a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es  As altera\u00e7\u00f5es pr<span class=\"_ _1\"></span>o\u00edbem a dedu\u00e7\u00e3o <span class=\"_ _1\"></span>ao custo de um ite<span class=\"_ _1\"></span>m do<span class=\"_ _1\"></span> ativo fixo tang\u00edve<span class=\"_ _1\"></span>l, de \u00e0 IAS 16 Ativos fi<span class=\"_ _1\"></span>xos qualquer rece<span class=\"_ _1\"></span>ita da venda de <span class=\"_ _1\"></span>itens produzidos ao<span class=\"_ _1\"></span> trazer esse ati<span class=\"_ _1\"></span>vo para o local e tang\u00edveis condi\u00e7\u00e3o necess\u00e1r<span class=\"_ _1\"></span>ios para que sej<span class=\"_ _1\"></span>a capaz de operar<span class=\"_ _1\"></span> da forma preten<span class=\"_ _1\"></span>dida pela administra\u00e7\u00e3o. E<span class=\"_ _1\"></span>m vez disso,<span class=\"_ _1\"></span> a entidade dever<span class=\"_ _1\"></span>\u00e1 reconhecer em resu<span class=\"_ _1\"></span>ltados essas receitas de vendas<span class=\"_ _1\"></span>. As altera\u00e7\u00f5es de<span class=\"_ _1\"></span>vem ser aplicadas<span class=\"_ _1\"></span> para per\u00edodos anua<span class=\"_ _1\"></span>is inic<span class=\"_ _1\"></span>iados em ou ap\u00f3s 1<span class=\"_ _1\"></span> de janeiro de 2022.<span class=\"_ _1\"></span> Contratos Onerosos<span class=\"_ _1\"></span> - Custo Em maio de <span class=\"ff9\">2020,<span class=\"_ _1\"></span> o IASB em<span class=\"_ _1\"></span>itiu \u201cContratos Onero<span class=\"_ _1\"></span>sos </span>- Cu<span class=\"_ _1\"></span>sto de cumpr<span class=\"_ _1\"></span>ir um 1 de janeiro de 2022<span class=\"_ _1\"></span> de cumprir um contrat<span class=\"_ _1\"></span>o contrato\u201d, que a<span class=\"_ _1\"></span>lterou a IAS 37 Pr<span class=\"_ _1\"></span>ovis\u00f5es, Pass<span class=\"_ _1\"></span>ivos Contingentes e <span class=\"_ _1\"></span>Ativos Contingentes.<span class=\"_ _1\"></span> O objetivo das a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es \u00e9 o de esc<span class=\"_ _1\"></span>larecer os requis<span class=\"_ _1\"></span>itos da IAS 37 s<span class=\"_ _1\"></span>obre contratos onerosos no que d<span class=\"_ _1\"></span>iz respeito \u00e0<span class=\"_ _1\"></span> avalia\u00e7\u00e3o se, nu<span class=\"_ _1\"></span>m contrato, os cust<span class=\"_ _1\"></span>os inevit\u00e1<span class=\"_ _1\"></span>veis de cumprir as obri<span class=\"_ _1\"></span>ga\u00e7\u00f5es decorrente<span class=\"_ _1\"></span>s do contrato e<span class=\"_ _1\"></span>xcedem os benef<span class=\"_ _1\"></span>\u00edcios econ\u00f3micos que se esperam rece<span class=\"_ _1\"></span>ber do mesmo.<span class=\"_ _1\"></span> As altera\u00e7\u00f5e<span class=\"_ _1\"></span>s devem ser a<span class=\"_ _1\"></span>plicadas para per<span class=\"_ _1\"></span>\u00edodos anuais iniciados<span class=\"_ _1\"></span> em ou ap\u00f3s 1 de<span class=\"_ _1\"></span> jane<span class=\"_ _1\"></span>iro de 2022.<span class=\"_ _1\"></span> Melhoramentos d<span class=\"_ _1\"></span>o ciclo Em 14 de maio de<span class=\"_ _1\"></span> 2020, o IASB em<span class=\"_ _1\"></span>itiu melhoramen<span class=\"_ _1\"></span>tos \u00e0s normas I<span class=\"_ _1\"></span>FRS 2018<span class=\"_ _1\"></span><span class=\"ff9\">\u2013</span>2020 1 de janeiro de 2022<span class=\"_ _1\"></span> 2018<span class=\"ls0\">-</span>2020<span class=\"ls0\"> </span>contendo as segu<span class=\"_ _1\"></span>intes altera\u00e7\u00f5es <span class=\"_ _1\"></span>\u00e0s IFRSs:<span class=\"_ _1\"></span> (a) permitir que u<span class=\"_ _1\"></span>ma entidade, en<span class=\"_ _1\"></span>quanto subsid<span class=\"_ _1\"></span>i\u00e1ria, associada<span class=\"_ _1\"></span> ou<span class=\"_ _1\"></span> joint venture, que<span class=\"_ _1\"></span> adota as IFRS pela<span class=\"_ _1\"></span> primeira vez<span class=\"_ _1\"></span> depois da sua contr<span class=\"_ _1\"></span>oladora e opta<span class=\"_ _1\"></span> por aplicar o par\u00e1grafo D16 (a<span class=\"_ _1\"></span>) da IFRS 1 Ado\u00e7<span class=\"_ _1\"></span>\u00e3o pela Prime<span class=\"_ _1\"></span>ira Vez das Norma<span class=\"_ _1\"></span>s Internacionai<span class=\"_ _1\"></span>s de Relat\u00f3rio Finance<span class=\"_ _1\"></span>iro, possa mensu<span class=\"_ _1\"></span>rar as diferen\u00e7as<span class=\"_ _1\"></span> de convers\u00e3o cu<span class=\"_ _1\"></span>mulativa<span class=\"_ _1\"></span>s usan<span class=\"_ _1\"></span>do os valores relatado<span class=\"_ _1\"></span>s pela contro<span class=\"_ _1\"></span>ladora, com base<span class=\"_ _1\"></span> na respetiva data <span class=\"_ _1\"></span>de transi\u00e7\u00e3o para as IFRS; (b) esclarecer que a<span class=\"_ _1\"></span> refer\u00eancia \u00e0s ta<span class=\"_ _1\"></span>xas no teste de 10 p<span class=\"_ _1\"></span>or cento inclui apen<span class=\"_ _1\"></span>as taxas pagas ou receb<span class=\"_ _1\"></span>idas entre o mutu\u00e1r<span class=\"_ _1\"></span>io e o credor, inc<span class=\"_ _1\"></span>luindo taxas pag<span class=\"_ _1\"></span>as ou<span class=\"_ _1\"></span> recebidas pelo mutu\u00e1r<span class=\"_ _1\"></span>io ou pelo credor em<span class=\"_ _1\"></span> nome do outro (IFRS 9<span class=\"_ _1\"></span>); (c) remover a confus\u00e3<span class=\"_ _1\"></span>o potencial <span class=\"_ _1\"></span>em rela\u00e7\u00e3o ao trata<span class=\"_ _1\"></span>mento de ince<span class=\"_ _1\"></span>ntivos de loca\u00e7\u00e3o<span class=\"_ _1\"></span> aplicando a IFRS<span class=\"_ _1\"></span> 16 Loca\u00e7\u00f5es, con<span class=\"_ _1\"></span>forme ilustrado n<span class=\"_ _1\"></span>o Exemplo I<span class=\"_ _1\"></span>lustrativo 13 que acompanha a IF<span class=\"_ _1\"></span>RS 16; e (d) remover o requ<span class=\"_ _1\"></span>isito do par\u00e1grafo 22 d<span class=\"_ _1\"></span>a IAS 41 Agr<span class=\"_ _1\"></span>icultura para que<span class=\"_ _1\"></span> as entidades excluam fluxos <span class=\"_ _1\"></span>de caixa para tr<span class=\"_ _1\"></span>ibuta\u00e7\u00e3o ao mensurar <span class=\"_ _1\"></span>o justo valor a<span class=\"_ _1\"></span>plicando a IAS 41.<span class=\"ls0\"> </span>As altera\u00e7\u00f5es ser\u00e3o<span class=\"_ _1\"></span> aplicadas para<span class=\"_ _1\"></span> per\u00edodos anuais que<span class=\"_ _1\"></span> iniciem e<span class=\"_ _1\"></span>m ou ap\u00f3s 1 de janeiro de 2022.<span class=\"_ _1\"></span> Normas, altera\u00e7\u00f5es e interpreta\u00e7\u00f5es a adotar<span class=\"_ _0\"></span> em per\u00edodos posteriores<span class=\"_ _1\"></span> Data  Altera\u00e7\u00e3o de apli<span class=\"_ _1\"></span>ca\u00e7\u00e3o Normas e altera\u00e7\u00f5es endossadas pela Uni\u00e3o Euro<span class=\"_ _0\"></span>peia <span class=\"_ _1\"></span> que o Grupo optou pela n\u00e3o aplica\u00e7\u00e3o<span class=\"_ _0\"></span> a<span class=\"_ _1\"></span>ntecipada<span class=\"fc7\"> </span>Divulga\u00e7\u00e3o de p<span class=\"_ _1\"></span>ol\u00edticas Na sequ\u00eancia de feed<span class=\"_ _1\"></span>back obtido sobre<span class=\"_ _1\"></span> a necessidade de<span class=\"_ _1\"></span> existir ma<span class=\"_ _1\"></span>is orienta\u00e7\u00e3o que 1 <span class=\"_ _0\"></span>de j<span class=\"_ _0\"></span>anei<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>23 contabil\u00edst<span class=\"_ _1\"></span>icas (altera\u00e7\u00f5es ajude as empresas a<span class=\"_ _1\"></span> decidir <span class=\"_ _1\"></span>sobre que infor<span class=\"_ _1\"></span>ma\u00e7\u00e3o divulgar re<span class=\"_ _1\"></span>lativamente<span class=\"_ _1\"></span> \u00e0s pol\u00edticas \u00e0 IAS 1 <span class=\"ff9\">\u2013</span> Apresenta<span class=\"_ _1\"></span>\u00e7\u00e3o contabil\u00edst<span class=\"_ _1\"></span>icas, o IASB emitiu, em<span class=\"_ _1\"></span> 12 de fevereiro <span class=\"_ _1\"></span>de 2021, altera\u00e7<span class=\"_ _1\"></span>\u00f5es \u00e0 IAS 1 <span class=\"_ _1\"></span><span class=\"ff9\">\u2013</span> das demonstra\u00e7\u00f5e<span class=\"_ _1\"></span>s Apresenta\u00e7\u00e3o das<span class=\"_ _1\"></span> demonstra\u00e7\u00f5es <span class=\"_ _1\"></span>financeiras e \u00e0 <span class=\"_ _1\"></span>IFRS Practice State<span class=\"_ _1\"></span>ment 2 <span class=\"_ _1\"></span><span class=\"ff9\">\u2013</span> Fazend<span class=\"_ _1\"></span>o financeiras e IFRS<span class=\"_ _1\"></span> Practice julgamentos de<span class=\"_ _1\"></span> materialidade. <span class=\"_ _1\"></span> Statement 2) As<span class=\"ls0\"> principais a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es \u00e0 IAS 1 <span class=\"_ _1\"></span>incluem: i) exig<span class=\"_ _1\"></span>ir que as entida<span class=\"_ _1\"></span>des divulguem<span class=\"_ _1\"></span> </span>informa\u00e7\u00e3o re<span class=\"_ _1\"></span>lativa a pol\u00edticas <span class=\"_ _1\"></span>contabil\u00edst<span class=\"_ _1\"></span>icas materiais em vez<span class=\"_ _1\"></span> de pol\u00edticas contabil\u00edst<span class=\"_ _1\"></span>icas significativas, <span class=\"_ _1\"></span>ii) esclarecer que a<span class=\"_ _1\"></span>s pol\u00edticas contab<span class=\"_ _1\"></span>il\u00edsticas re<span class=\"_ _1\"></span>lacionadas com transa\u00e7\u00f5es<span class=\"_ _1\"></span> imateriais s\u00e3o<span class=\"_ _1\"></span> igualmente <span class=\"_ _1\"></span>imateriais e como<span class=\"_ _1\"></span> tal n\u00e3o precisa<span class=\"_ _1\"></span>m de ser divulgadas e <span class=\"_ _1\"></span>iii) esclarecer que ne<span class=\"_ _1\"></span>m todas as p<span class=\"_ _1\"></span>ol\u00edticas contab<span class=\"_ _1\"></span>il\u00edsticas relac<span class=\"_ _1\"></span>ionadas com transa\u00e7\u00f5es mater<span class=\"_ _1\"></span>iais s\u00e3o, elas me<span class=\"_ _1\"></span>smas, mater<span class=\"_ _1\"></span>iais para as demonstr<span class=\"_ _1\"></span>a\u00e7\u00f5es finance<span class=\"_ _1\"></span>iras de uma entidade. <span class=\"_ _1\"></span> O IASB tamb\u00e9m a<span class=\"_ _1\"></span>lterou a IFRS Pr<span class=\"_ _1\"></span>actice Statement<span class=\"_ _1\"></span> 2 para inclu<span class=\"_ _1\"></span>ir orienta\u00e7\u00f5es e do<span class=\"_ _1\"></span>is exemplos adici<span class=\"_ _1\"></span>onais na aplica\u00e7\u00e3<span class=\"_ _1\"></span>o de materialidade<span class=\"_ _1\"></span> \u00e0s divulga\u00e7\u00f5es<span class=\"_ _1\"></span> de pol\u00edticas contabil\u00edst<span class=\"_ _1\"></span>icas. Estas altera\u00e7\u00f5es <span class=\"_ _1\"></span>s\u00e3o consistentes<span class=\"_ _1\"></span> com a defini\u00e7\u00e3<span class=\"_ _1\"></span>o revista de mater<span class=\"_ _1\"></span>ial:<span class=\"_ _1\"></span>  \u201cA informa\u00e7\u00e3o re<span class=\"_ _1\"></span>lativa a pol\u00edt<span class=\"_ _1\"></span>icas contabi<span class=\"_ _1\"></span>l\u00edsticas \u00e9 materia<span class=\"_ _1\"></span>l se, quando cons<span class=\"_ _1\"></span>iderada em conjunto com outras<span class=\"_ _1\"></span> informa\u00e7\u00f5es <span class=\"_ _1\"></span>inclu\u00eddas nas de<span class=\"_ _1\"></span>monstra\u00e7\u00f5es f<span class=\"_ _1\"></span>inanceiras de uma entidade, \u00e9 razoa<span class=\"_ _1\"></span>velmente esperado que<span class=\"_ _1\"></span> influencie as de<span class=\"_ _1\"></span>cis\u00f5es que os pr<span class=\"_ _1\"></span>incipais utilizadores da<span class=\"_ _1\"></span>s demonstra\u00e7\u00f5e<span class=\"_ _1\"></span>s financeiras de<span class=\"_ _1\"></span> uma forma gera<span class=\"_ _1\"></span>l tomem com base nessas demonstra\u00e7<span class=\"_ _1\"></span>\u00f5es financeiras.\u201d<span class=\"_ _1\"></span><span class=\"ff1\"> </span>As altera\u00e7\u00f5es entram<span class=\"_ _1\"></span> em vigor a par<span class=\"_ _1\"></span>tir de 1 de janeiro de 2<span class=\"_ _1\"></span>023, mas<span class=\"_ _1\"></span> a sua aplica\u00e7\u00e3o antecipada \u00e9 perm<span class=\"_ _1\"></span>itida. Altera\u00e7\u00f5es \u00e0 IAS 8<span class=\"_ _1\"></span> O IASB emit<span class=\"_ _1\"></span>iu altera\u00e7\u00f5es \u00e0 IAS 8 <span class=\"_ _1\"></span>Pol\u00edticas Contab<span class=\"_ _1\"></span>il\u00edsticas, Altera\u00e7<span class=\"_ _1\"></span>\u00f5es nas Estimat<span class=\"_ _1\"></span>ivas 1 de janeiro de 20<span class=\"_ _1\"></span>23 Pol\u00edticas Contab<span class=\"_ _1\"></span>il\u00edsticas, Contabil\u00edstica<span class=\"_ _1\"></span>s e Erros para c<span class=\"_ _1\"></span>larificar como as<span class=\"_ _1\"></span> ent<span class=\"_ _1\"></span>idades devem<span class=\"_ _1\"></span> distinguir as a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es Altera\u00e7\u00f5es nas Est<span class=\"_ _1\"></span>imativas nas pol\u00edticas conta<span class=\"_ _1\"></span>bil\u00edsticas da<span class=\"_ _1\"></span>s altera\u00e7\u00f5es nas est<span class=\"_ _1\"></span>imativas contab<span class=\"_ _1\"></span>il\u00edsticas,<span class=\"_ _1\"></span> com foco Contabil\u00edstica<span class=\"_ _1\"></span>s e Erros: principal na de<span class=\"_ _1\"></span>fini\u00e7\u00e3o e esclarec<span class=\"_ _1\"></span>imentos sobre as est<span class=\"_ _1\"></span>imativas contab<span class=\"_ _1\"></span>il\u00edsticas.<span class=\"_ _45\"></span> Defini\u00e7\u00e3o de Esti<span class=\"_ _1\"></span>mativas As altera\u00e7\u00f5es intro<span class=\"_ _1\"></span>duzem uma n<span class=\"_ _1\"></span>ova defini\u00e7\u00e3o para e<span class=\"_ _1\"></span>stimat<span class=\"_ _1\"></span>ivas contabil\u00ed<span class=\"_ _1\"></span>sticas: Contabil\u00edstica<span class=\"_ _1\"></span>s clarificando que<span class=\"_ _1\"></span> s\u00e3o valores monet<span class=\"_ _1\"></span>\u00e1rios nas de<span class=\"_ _1\"></span>monstra\u00e7\u00f5es f<span class=\"_ _1\"></span>inanceiras que est\u00e3o<span class=\"_ _1\"></span> sujeitos \u00e0 incerteza<span class=\"_ _1\"></span> de mensura\u00e7\u00e3<span class=\"_ _1\"></span>o.<span class=\"_ _1\"></span> As altera\u00e7\u00f5es ta<span class=\"_ _1\"></span>mb\u00e9m clarificam<span class=\"_ _1\"></span> a rela\u00e7\u00e3o entr<span class=\"_ _1\"></span>e as pol\u00edticas contab<span class=\"_ _1\"></span>il\u00edsticas<span class=\"_ _1\"></span> e as estimativas contab<span class=\"_ _1\"></span>il\u00edsticas, e<span class=\"_ _1\"></span>specif<span class=\"_ _1\"></span>icando que uma ent<span class=\"_ _1\"></span>idade desenvo<span class=\"_ _1\"></span>lve uma estimat<span class=\"_ _1\"></span>iva contabil\u00edst<span class=\"_ _1\"></span>ica para atingir o obje<span class=\"_ _1\"></span>tivo estabeleci<span class=\"_ _1\"></span>do por uma po<span class=\"_ _1\"></span>l\u00edtica contabil\u00edst<span class=\"_ _1\"></span>ica. Os efeitos das a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es em tais dados <span class=\"_ _1\"></span>ou t\u00e9cnicas de men<span class=\"_ _1\"></span>sura\u00e7\u00e3o s\u00e3o a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es nas estimativas contab<span class=\"_ _1\"></span>il\u00edsticas.<span class=\"_ _1\"></span> As altera\u00e7\u00f5es s\u00e3<span class=\"_ _1\"></span>o efetivas para<span class=\"_ _1\"></span> per\u00edodos co<span class=\"_ _1\"></span>m in\u00edcio e<span class=\"_ _1\"></span>m ou ap\u00f3s 1 de<span class=\"_ _1\"></span> janeiro de 2023,<span class=\"_ _1\"></span> com aplica\u00e7\u00e3o antec<span class=\"_ _1\"></span>ipada permit<span class=\"_ _1\"></span>ida, e ser\u00e3o ap<span class=\"_ _1\"></span>licadas prospect<span class=\"_ _1\"></span>ivamente<span class=\"_ _1\"></span> \u00e0s altera\u00e7\u00f5es nas estimativas <span class=\"_ _1\"></span>contabil\u00edstica<span class=\"_ _1\"></span>s e altera\u00e7\u00f5es nas po<span class=\"_ _1\"></span>l\u00edticas contab<span class=\"_ _1\"></span>il\u00edsticas ocorr<span class=\"_ _1\"></span>idas no<span class=\"_ _1\"></span> ou ap\u00f3s o in\u00edcio d<span class=\"_ _1\"></span>o primeiro per<span class=\"_ _1\"></span>\u00edodo de relat\u00f3ri<span class=\"_ _1\"></span>o anual ao qua<span class=\"_ _1\"></span>l a entidade apl<span class=\"_ _1\"></span>ica as altera\u00e7\u00f5es.<span class=\"_ _1\"></span> Altera\u00e7\u00f5es \u00e0 IAS 1<span class=\"_ _1\"></span>2: O IASB emit<span class=\"_ _1\"></span>iu altera\u00e7\u00f5es \u00e0 IAS<span class=\"_ _1\"></span> 12 - 'Impo<span class=\"_ _1\"></span>stos sobre o Rend<span class=\"_ _1\"></span>imento', em 7<span class=\"_ _1\"></span> de maio de 1 de janeiro de 20<span class=\"_ _1\"></span>23 imposto diferido<span class=\"_ _1\"></span> 2021.<span class=\"ls0\"> </span>relacionado com<span class=\"_ _1\"></span> ativos e As altera\u00e7\u00f5es exi<span class=\"_ _1\"></span>gem que as empr<span class=\"_ _1\"></span>esas reconhe\u00e7am<span class=\"_ _1\"></span> impostos difer<span class=\"_ _1\"></span>idos sobre as passivos decorren<span class=\"_ _1\"></span>tes de transa\u00e7\u00f5es que, no rec<span class=\"_ _1\"></span>onhecimento <span class=\"_ _1\"></span>inicial, d\u00e3o or<span class=\"_ _1\"></span>igem a montantes <span class=\"_ _1\"></span>iguais de uma \u00fanica transa<span class=\"_ _1\"></span>\u00e7\u00e3o diferen\u00e7as tempor\u00e1r<span class=\"_ _1\"></span>ias tribut\u00e1ve<span class=\"_ _1\"></span>is e dedut<span class=\"_ _1\"></span>\u00edveis.  Em determinadas<span class=\"_ _1\"></span> circunst\u00e2ncias, <span class=\"_ _1\"></span>as empresas est\u00e3o <span class=\"_ _1\"></span>isentas de reco<span class=\"_ _1\"></span>nhecer impostos diferidos quando<span class=\"_ _1\"></span> reconhecem ati<span class=\"_ _1\"></span>vos ou passivos <span class=\"_ _1\"></span>pela prime<span class=\"_ _1\"></span>ira vez. Anter<span class=\"_ _1\"></span>iormente, havia alguma<span class=\"_ _1\"></span> incerteza sobre se a<span class=\"_ _1\"></span> isen\u00e7\u00e3o se<span class=\"_ _1\"></span> aplicava a transa<span class=\"_ _1\"></span>\u00e7\u00f5es como loca<span class=\"_ _1\"></span>\u00e7\u00f5es e provis\u00f5es para de<span class=\"_ _1\"></span>smantelamento,<span class=\"_ _1\"></span> isto \u00e9, transa\u00e7\u00f5e<span class=\"_ _1\"></span>s no \u00e2mbito das<span class=\"_ _1\"></span> quais as empre<span class=\"_ _1\"></span>sas reconhecem um at<span class=\"_ _1\"></span>ivo e um pass<span class=\"_ _1\"></span>ivo. As altera\u00e7\u00f5es esc<span class=\"_ _1\"></span>larecem que a <span class=\"_ _1\"></span>isen\u00e7\u00e3o n\u00e3o se aplica a este tipo<span class=\"_ _1\"></span> de transa\u00e7\u00f5es e <span class=\"_ _1\"></span>que as empresas <span class=\"_ _1\"></span>s\u00e3o obrigadas a<span class=\"_ _1\"></span> reconhecer impostos d<span class=\"_ _1\"></span>iferidos. O objet<span class=\"_ _1\"></span>ivo das altera\u00e7\u00f5es \u00e9 redu<span class=\"_ _1\"></span>zir a divers<span class=\"_ _1\"></span>idade na divul<span class=\"_ _1\"></span>ga\u00e7\u00e3o de impostos d<span class=\"_ _1\"></span>iferidos sobre loca\u00e7\u00f5es<span class=\"_ _1\"></span> e provis\u00f5es para<span class=\"_ _1\"></span> desmantelament<span class=\"_ _1\"></span>o.<span class=\"_ _1\"></span> As altera\u00e7\u00f5es entram<span class=\"_ _1\"></span> em vigor par<span class=\"_ _1\"></span>a os per\u00edodos anua<span class=\"_ _1\"></span>is com in\u00edci<span class=\"_ _1\"></span>o em ou ap\u00f3s 1 de<span class=\"_ _1\"></span> janeiro de 202<span class=\"_ _1\"></span>3. A aplica\u00e7\u00e3o<span class=\"_ _1\"></span> antecipada \u00e9<span class=\"_ _1\"></span> permitida.<span class=\"_ _1\"></span> Data  Altera\u00e7\u00e3o de apli<span class=\"_ _1\"></span>ca\u00e7\u00e3o IFRS 17 <span class=\"ff9\">\u2013</span> Contrat<span class=\"_ _1\"></span>os  O IASB emit<span class=\"_ _1\"></span>iu em 18 de maio de<span class=\"_ _1\"></span> 2017 uma norma<span class=\"_ _1\"></span> que veio subst<span class=\"_ _1\"></span>ituir a IFRS 4 e 1 de janeiro de 20<span class=\"_ _1\"></span>23 de Seguros reformar por comp<span class=\"_ _1\"></span>leto o tratamen<span class=\"_ _1\"></span>to a dar aos contrat<span class=\"_ _1\"></span>os de seguro.<span class=\"_ _1\"></span> A norma introdu<span class=\"_ _1\"></span>z altera\u00e7\u00f5es sign<span class=\"_ _1\"></span>ificativas \u00e0<span class=\"_ _1\"></span> forma como \u00e9 mensurad<span class=\"_ _1\"></span>o e apresentada<span class=\"_ _1\"></span> a performance<span class=\"_ _1\"></span> dos contratos de seguro<span class=\"_ _1\"></span> com diversos <span class=\"_ _1\"></span>impactos tamb\u00e9m ao<span class=\"_ _1\"></span> n\u00edvel da po<span class=\"_ _1\"></span>si\u00e7\u00e3o finance<span class=\"_ _1\"></span>ira. A norma prev\u00ea a sua<span class=\"_ _1\"></span> aplica\u00e7\u00e3o para<span class=\"_ _1\"></span> os exerc\u00edcios que<span class=\"_ _1\"></span> se iniciem em<span class=\"_ _1\"></span> ou ap\u00f3s 1 de jane<span class=\"_ _1\"></span>iro de 2023. Altera\u00e7\u00f5es \u00e0 IFRS<span class=\"_ _1\"></span> 17 <span class=\"ff9\">\u2013</span> O IASB emit<span class=\"_ _1\"></span>iu uma altera\u00e7\u00e3o a<span class=\"_ _1\"></span>o \u00e2mbito dos requ<span class=\"_ _1\"></span>isitos de trans<span class=\"_ _1\"></span>i\u00e7\u00e3o da IFRS 17 <span class=\"_ _1\"></span><span class=\"ff9\">\u2013</span> 1 de janeiro de 20<span class=\"_ _1\"></span>23 Contratos de Seguros<span class=\"_ _1\"></span>: Contratos de Seguro,<span class=\"_ _1\"></span> proporciona<span class=\"_ _1\"></span>ndo \u00e0s seguradora<span class=\"_ _1\"></span>s uma op\u00e7\u00e3o co<span class=\"_ _1\"></span>m o objetivo de aplica\u00e7\u00e3o inic<span class=\"_ _1\"></span>ial da IFRS melhorar a ut<span class=\"_ _1\"></span>ilidade das informa<span class=\"_ _1\"></span>\u00e7\u00f5es para os <span class=\"_ _1\"></span>Investidore<span class=\"_ _1\"></span>s na aplica<span class=\"_ _1\"></span>\u00e7\u00e3o inicia<span class=\"_ _1\"></span>l da nova 17 e IFRS 9 <span class=\"ff9\">\u2013</span> Inf<span class=\"_ _1\"></span>orma\u00e7\u00e3o norma. comparativa A IFRS 17, inc<span class=\"_ _1\"></span>luindo esta altera<span class=\"_ _1\"></span>\u00e7\u00e3o, \u00e9 efeti<span class=\"_ _1\"></span>va para os per<span class=\"_ _1\"></span>\u00edodos de relato anua<span class=\"_ _1\"></span>is com in\u00edcio em ou ap\u00f3s<span class=\"_ _1\"></span> 1 de janeiro de <span class=\"_ _1\"></span>2023.<span class=\"_ _1\"></span> Normas e altera\u00e7\u00f5es ainda n\u00e3o<span class=\"_ _0\"></span> endossadas pela Uni\u00e3o Europeia<span class=\"_ _1\"></span><span class=\"fc4\"> </span>Clarifica\u00e7\u00e3o <span class=\"_ _1\"></span> O IASB emit<span class=\"_ _1\"></span>iu, em 23 de janeiro <span class=\"_ _1\"></span>de 2020, uma<span class=\"_ _1\"></span> altera\u00e7\u00e3o \u00e0 IAS 1<span class=\"_ _1\"></span> Apresenta\u00e7\u00e3o da<span class=\"_ _1\"></span>s 1 de janeiro de 2024<span class=\"_ _1\"></span> dos requisitos <span class=\"_ _1\"></span> Demonstra\u00e7\u00f5es F<span class=\"_ _1\"></span>inanceiras para c<span class=\"_ _1\"></span>larificar como cla<span class=\"_ _1\"></span>ssificar d\u00edvida e <span class=\"_ _1\"></span>outros passivo<span class=\"_ _1\"></span>s de classifica\u00e7\u00e3o de<span class=\"_ _1\"></span> como corrente e n\u00e3<span class=\"_ _1\"></span>o corrente.<span class=\"_ _1\"></span> passivos como <span class=\"_ _1\"></span>corrente ou As altera\u00e7\u00f5es esclar<span class=\"_ _1\"></span>ecem um crit\u00e9<span class=\"_ _1\"></span>rio da IAS 1 para c<span class=\"_ _1\"></span>lassificar um<span class=\"_ _1\"></span> passivo como n\u00e3o<span class=\"_ _1\"></span> n\u00e3o corrente (altera\u00e7\u00f5e<span class=\"_ _1\"></span>s \u00e0 corrente: a exig\u00eanc<span class=\"_ _1\"></span>ia de uma entidade<span class=\"_ _1\"></span> ter o direito de<span class=\"_ _1\"></span> diferir a liqu<span class=\"_ _1\"></span>ida\u00e7\u00e3o do passivo<span class=\"_ _1\"></span> IAS 1 <span class=\"ff9\">\u2013</span> Apresenta\u00e7\u00e3<span class=\"_ _1\"></span>o das por pelo menos 12<span class=\"_ _1\"></span> meses ap\u00f3s o <span class=\"_ _1\"></span>per\u00edodo de relat\u00f3r<span class=\"_ _1\"></span>io.<span class=\"_ _1\"></span> Demonstra\u00e7\u00f5es As altera\u00e7\u00f5es vi<span class=\"_ _1\"></span>sam: Financeiras) a.<span class=\"ls0\"> <span class=\"_ _58\"> </span>e<span class=\"_ _1\"></span>specificar que o d<span class=\"_ _1\"></span>ireito de uma e<span class=\"_ _1\"></span>ntidade de diferir a<span class=\"_ _1\"></span> liquida\u00e7\u00e3o de<span class=\"_ _1\"></span>ve existir no </span>final do per\u00edodo de<span class=\"_ _1\"></span> relat\u00f3rio;<span class=\"_ _1\"></span> b.<span class=\"ls0\"> <span class=\"_ _58\"> </span>esclarecer<span class=\"_ _1\"></span> que a classif<span class=\"_ _1\"></span>ica\u00e7\u00e3o n\u00e3o \u00e9 afetada pe<span class=\"_ _1\"></span>las inten\u00e7\u00f5es ou e<span class=\"_ _1\"></span>xpectativas da<span class=\"_ _1\"></span> </span>administra\u00e7\u00e3o<span class=\"_ _1\"></span> sobre se a entida<span class=\"_ _1\"></span>de exercer\u00e1 seu<span class=\"_ _1\"></span> direito de a<span class=\"_ _1\"></span>diar a liquida<span class=\"_ _1\"></span>\u00e7\u00e3o;<span class=\"_ _1\"></span> c.<span class=\"ls0\"> <span class=\"_ _b0\"> </span>esclarecer como as condi\u00e7\u00f5es<span class=\"_ _1\"></span> de empr\u00e9stimo<span class=\"_ _1\"></span> afetam a class<span class=\"_ _1\"></span>ifica\u00e7\u00e3o; e<span class=\"_ _1\"></span> </span>d.<span class=\"ls0\"> <span class=\"_ _58\"> </span>esclarecer<span class=\"_ _1\"></span> os requisitos para<span class=\"_ _1\"></span> classif<span class=\"_ _1\"></span>icar passivos que u<span class=\"_ _1\"></span>ma entidade ir<span class=\"_ _1\"></span>\u00e1 liquidar, ou </span>possa liquidar, atra<span class=\"_ _1\"></span>v\u00e9s da emiss\u00e3o<span class=\"_ _1\"></span> dos seus pr\u00f3pr<span class=\"_ _1\"></span>ios instr<span class=\"_ _1\"></span>umentos p<span class=\"_ _1\"></span>atrimoniais.<span class=\"_ _1\"></span> Esta altera\u00e7\u00e3o \u00e9 efet<span class=\"_ _1\"></span>iva para per\u00edodos<span class=\"_ _1\"></span> ap\u00f3s 1 de janeir<span class=\"_ _1\"></span>o de 2024.<span class=\"_ _1\"></span> Passivo de loca\u00e7\u00e3<span class=\"_ _1\"></span>o numa O IASB<span class=\"_ _1\"></span> em<span class=\"_ _1\"></span>itiu e<span class=\"_ _1\"></span>m sete<span class=\"_ _1\"></span>mbro <span class=\"_ _1\"></span>de 20<span class=\"_ _1\"></span>22 <span class=\"_ _1\"></span>altera\u00e7\u00f5es <span class=\"_ _1\"></span>\u00e0 <span class=\"_ _1\"></span>IFRS 1<span class=\"_ _1\"></span>6 <span class=\"_ _1\"></span><span class=\"ff9\">\u2013</span> <span class=\"_ _1\"></span>Loca<span class=\"_ _1\"></span>\u00e7\u00f5es <span class=\"_ _1\"></span>que <span class=\"_ _1\"></span>introduzem<span class=\"_ _1\"></span> 1 de janeiro de 2024<span class=\"_ _1\"></span> transa\u00e7\u00e3o de venda e<span class=\"_ _1\"></span> um no<span class=\"_ _1\"></span>vo mode<span class=\"_ _1\"></span>lo conta<span class=\"_ _1\"></span>bil\u00edstico <span class=\"_ _1\"></span>para <span class=\"_ _1\"></span>pagamentos<span class=\"_ _1\"></span> vari\u00e1ve<span class=\"_ _1\"></span>is nu<span class=\"_ _1\"></span>ma tra<span class=\"_ _1\"></span>nsa\u00e7\u00e3o <span class=\"_ _1\"></span>de <span class=\"_ _1\"></span>venda e<span class=\"_ _1\"></span> reloca\u00e7\u00e3o (altera\u00e7<span class=\"_ _1\"></span>\u00f5es \u00e0 reloca\u00e7\u00e3o. As a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es confir<span class=\"_ _1\"></span>mam que:<span class=\"_ _1\"></span> IFRS 16 <span class=\"ff9\">\u2013</span> Loca\u00e7\u00f5e<span class=\"_ _1\"></span>s) - <span class=\"_ _9e\"> </span><span class=\"ff1\">No <span class=\"_ _1\"></span>rec<span class=\"_ _1\"></span>onhecimento <span class=\"_ _45\"></span>in<span class=\"_ _1\"></span>icial, <span class=\"_ _45\"></span>o <span class=\"_ _45\"></span>vendedor <span class=\"_ _51\"></span>- <span class=\"_ _45\"></span>locat\u00e1rio <span class=\"_ _45\"></span>in<span class=\"_ _1\"></span>clui <span class=\"_ _45\"></span>os <span class=\"_ _45\"></span>pagame<span class=\"_ _1\"></span>ntos <span class=\"_ _1\"></span>var<span class=\"_ _1\"></span>i\u00e1veis </span>de <span class=\"_ _1\"></span>loca\u00e7\u00e3o <span class=\"_ _1\"></span>quando <span class=\"_ _1\"></span>mensura <span class=\"_ _1\"></span>u<span class=\"_ _1\"></span>m <span class=\"_ _1\"></span>passivo <span class=\"_ _1\"></span>de <span class=\"_ _45\"></span>loca\u00e7\u00e3o de<span class=\"_ _1\"></span>corrente <span class=\"_ _1\"></span>de <span class=\"_ _1\"></span>uma <span class=\"_ _1\"></span>transa\u00e7\u00e3o<span class=\"_ _1\"></span> de venda e re<span class=\"_ _1\"></span>loca\u00e7\u00e3o; - <span class=\"_ _9e\"> </span><span class=\"ff1\">Ap\u00f3s <span class=\"_ _45\"></span>o<span class=\"_ _1\"></span> <span class=\"_ _45\"></span>reconhe<span class=\"_ _1\"></span>cimento <span class=\"_ _51\"></span>inicial, <span class=\"_ _51\"></span>o <span class=\"_ _45\"></span>ven<span class=\"_ _1\"></span>dedor <span class=\"_ _51\"></span>- <span class=\"_ _51\"></span>locat\u00e1rio <span class=\"_ _51\"></span>aplica <span class=\"_ _45\"></span>o<span class=\"_ _1\"></span>s <span class=\"_ _45\"></span>req<span class=\"_ _1\"></span>uisitos <span class=\"_ _45\"></span>gera<span class=\"_ _1\"></span>is </span>para <span class=\"_ _40\"> </span>a <span class=\"_ _b4\"> </span>contabiliza\u00e7\u00e3<span class=\"_ _1\"></span>o <span class=\"_ _40\"> </span>subseque<span class=\"_ _1\"></span>nte <span class=\"_ _b4\"> </span>do <span class=\"_ _40\"> </span>passi<span class=\"_ _1\"></span>vo <span class=\"_ _40\"> </span>de <span class=\"_\"> </span>loca\u00e7\u00e3o, <span class=\"_ _40\"> </span>de <span class=\"_\"> </span>modo <span class=\"_ _40\"> </span>que <span class=\"_ _40\"> </span>n\u00e3o<span class=\"_ _1\"></span> reconhe\u00e7a nenhum<span class=\"_ _1\"></span> ganho ou perda <span class=\"_ _1\"></span>relac<span class=\"_ _1\"></span>ionado com o direit<span class=\"_ _1\"></span>o de uso que ret\u00e9m.<span class=\"_ _1\"></span> Um <span class=\"_ _45\"></span>vendedor<span class=\"_ _1\"></span> <span class=\"_ _45\"></span>- <span class=\"_ _45\"></span>locat\u00e1r<span class=\"_ _1\"></span>io <span class=\"_ _45\"></span>pode <span class=\"_ _45\"></span>ad<span class=\"_ _1\"></span>otar <span class=\"_ _45\"></span>diferente<span class=\"_ _1\"></span>s <span class=\"_ _1\"></span>a<span class=\"_ _1\"></span>bordagens<span class=\"_ _1\"></span> <span class=\"_ _45\"></span>que <span class=\"_ _45\"></span>sat<span class=\"_ _1\"></span>isfa\u00e7am <span class=\"_ _45\"></span>os <span class=\"_ _45\"></span>nov<span class=\"_ _1\"></span>os requisitos de mensur<span class=\"_ _1\"></span>a\u00e7\u00e3o subseque<span class=\"_ _1\"></span>nte.<span class=\"_ _1\"></span> As <span class=\"_ _45\"></span>altera\u00e7\u00f5es <span class=\"_ _45\"></span>s\u00e3o<span class=\"_ _1\"></span> <span class=\"_ _1\"></span>e<span class=\"_ _1\"></span>fetivas <span class=\"_ _45\"></span>para <span class=\"_ _45\"></span>p<span class=\"_ _1\"></span>er\u00edodos <span class=\"_ _45\"></span>anuais <span class=\"_ _45\"></span>in<span class=\"_ _1\"></span>iciados <span class=\"_ _45\"></span>em <span class=\"_ _45\"></span>ou <span class=\"_ _45\"></span>ap<span class=\"_ _1\"></span>\u00f3s <span class=\"_ _1\"></span>1 <span class=\"_ _51\"></span>de <span class=\"_ _45\"></span>janeiro <span class=\"_ _45\"></span>de 2024, com ap<span class=\"_ _1\"></span>lica\u00e7\u00e3o antecipada<span class=\"_ _1\"></span> permitida.<span class=\"_ _1\"></span> De <span class=\"_ _b\"> </span>acordo <span class=\"_ _b\"> </span>com <span class=\"_ _b\"> </span>a <span class=\"_ _b\"> </span>IAS <span class=\"_ _b\"> </span>8 <span class=\"_ _b\"> </span>- <span class=\"_ _b\"> </span>Po<span class=\"_ _1\"></span>l\u00edticas <span class=\"_ _b\"> </span>Contab<span class=\"_ _1\"></span>il\u00edsticas, <span class=\"_ _b\"> </span>Altera\u00e7\u00f5es<span class=\"_ _1\"></span> <span class=\"_ _a0\"> </span>n<span class=\"_ _1\"></span>as <span class=\"_ _b\"> </span>Estimat<span class=\"_ _1\"></span>ivas Contabil\u00edstica<span class=\"_ _1\"></span>s <span class=\"_ _b\"> </span>e <span class=\"_ _b\"> </span>Erros, <span class=\"_ _b\"> </span>um <span class=\"_ _b\"> </span>ve<span class=\"_ _1\"></span>ndedor <span class=\"_ _b\"> </span>-<span class=\"_ _1\"></span> <span class=\"_ _b\"> </span>locat\u00e1rio <span class=\"_ _b\"> </span>ter\u00e1<span class=\"_ _1\"></span> <span class=\"_ _b\"> </span>de <span class=\"_ _b\"> </span>aplicar <span class=\"_ _b\"> </span>as <span class=\"_ _b\"> </span>a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es retrospetivamente<span class=\"_ _1\"></span> <span class=\"_ _45\"></span>\u00e0s <span class=\"_ _51\"></span>transa\u00e7\u00f5es <span class=\"_ _51\"></span>de <span class=\"_ _45\"></span>venda<span class=\"_ _1\"></span> <span class=\"_ _45\"></span>e <span class=\"_ _45\"></span>r<span class=\"_ _1\"></span>eloca\u00e7\u00e3o <span class=\"_ _51\"></span>celebradas<span class=\"_ _45\"></span> <span class=\"_ _45\"></span>ou <span class=\"_ _51\"></span>ap\u00f3s <span class=\"_ _45\"></span>a<span class=\"_ _1\"></span> <span class=\"_ _45\"></span>data<span class=\"_ _1\"></span> <span class=\"_ _45\"></span>de aplica\u00e7\u00e3o <span class=\"_\"> </span>inicial <span class=\"_ _40\"> </span>da <span class=\"_\"> </span>IFRS <span class=\"_ _40\"> </span>16. <span class=\"_\"> </span>Isto <span class=\"_ _40\"> </span>sign<span class=\"_ _1\"></span>ifica <span class=\"_ _40\"> </span>que<span class=\"_ _1\"></span> <span class=\"_ _40\"> </span>te<span class=\"_ _1\"></span>r\u00e1 <span class=\"_ _b4\"> </span>de <span class=\"_ _40\"> </span>ide<span class=\"_ _1\"></span>ntificar <span class=\"_ _40\"> </span>e<span class=\"_ _1\"></span> <span class=\"_ _40\"> </span>reana<span class=\"_ _1\"></span>lisar <span class=\"_ _40\"> </span>a<span class=\"_ _1\"></span>s transa\u00e7\u00f5es <span class=\"_ _51\"> </span>de <span class=\"_ _51\"> </span>venda<span class=\"_ _1\"></span> <span class=\"_ _51\"></span>e <span class=\"_ _51\"></span>reloca\u00e7\u00e3o <span class=\"_ _51\"> </span>celebra<span class=\"_ _1\"></span>das <span class=\"_ _51\"></span>desde <span class=\"_ _51\"></span>a <span class=\"_ _51\"> </span>i<span class=\"_ _1\"></span>mplementa\u00e7\u00e3o <span class=\"_ _51\"> </span>da <span class=\"_ _9f\"> </span>I<span class=\"_ _0\"></span>FRS <span class=\"_ _51\"></span>16 <span class=\"_ _51\"> </span>e<span class=\"_ _1\"></span>m 2019 <span class=\"_ _9f\"> </span>e, <span class=\"_ _51\"></span>potencialmente<span class=\"_ _1\"></span>, <span class=\"_ _51\"> </span>re<span class=\"_ _1\"></span>expressar <span class=\"_ _9f\"> </span>aquelas <span class=\"_ _51\"> </span>que <span class=\"_ _9f\"> </span>inclu\u00edam <span class=\"_ _9f\"> </span>pagamentos <span class=\"_ _9f\"> </span>v<span class=\"_ _0\"></span>ari\u00e1<span class=\"_ _45\"></span>veis <span class=\"_ _51\"> </span>de<span class=\"_ _1\"></span> loca\u00e7\u00e3o<span class=\"ff16 fs10 fc2\">.</span> Re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>\u00e0s <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> aci<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>ja <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>trad<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>at\u00f3<span class=\"_ _0\"></span>ria <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>gor<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nda <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> oco<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>eu,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>oncl<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>u ai<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> tod<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>a apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>tou<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>o\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>ada,<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> n\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ej<span class=\"_ _0\"></span>am si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span>. 1.6.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>lga<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>\u00eds<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cos </span></span>rel<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> A p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> sep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>xig<span class=\"_ _0\"></span>e q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> a g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a ef<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ue es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> jul<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ren<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, g<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> e di<span class=\"_ _0\"></span>vul<span class=\"_ _0\"></span>ga\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a. P<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> efe<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> a g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pre<span class=\"_ _3b\"></span>sa ba<span class=\"_ _0\"></span>sei<span class=\"_ _0\"></span>a-se<span class=\"_ _0\"></span>:  (i)<span class=\"_ _47\"> </span><span class=\"ls0\">n<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>r i<span class=\"_ _0\"></span>nfor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>gun<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m</span>re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rit<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nden<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>e (ii<span class=\"_ _0\"></span>)<span class=\"_ _3f\"> </span>nas <span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ode<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>vir<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>volv<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>utur<span class=\"_ _0\"></span>o.Na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ncre<span class=\"_ _0\"></span>tiz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ulta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> ser<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>esta<span class=\"_ _0\"></span>s es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span>. Estimativas e julgamentos mais significativos As <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>supos<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> ris<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>gnif<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>um aju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>no v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tabi<span class=\"_ _0\"></span>l\u00eds<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s e p<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>c\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> seg<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>\u00e3o apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>aixo<span class=\"_ _0\"></span>: Estimati<span class=\"_ _1\"></span>vas e julgamentos Notas Incerteza quanto ao<span class=\"_ _1\"></span>s tratame<span class=\"_ _1\"></span>ntos do impos<span class=\"_ _1\"></span>to sobre o rendi<span class=\"_ _1\"></span>mento<span class=\"_ _1\"></span> 6.1 - Imposto sobre<span class=\"_ _1\"></span> o rendimento<span class=\"_ _1\"></span> do per\u00edodo<span class=\"_ _1\"></span> 6.2 - Impostos d<span class=\"_ _1\"></span>iferidos Reconheciment<span class=\"_ _1\"></span>o de provis\u00f5e<span class=\"_ _1\"></span>s9.1 - Provis\u00f5esValoriza\u00e7\u00e3o das Pa<span class=\"_ _1\"></span>rticipa\u00e7\u00f5es <span class=\"_ _1\"></span>Financeiras<span class=\"_ _1\"></span> 10.1 <span class=\"ff9\">\u2013</span> Invest<span class=\"_ _1\"></span>imentos em subsid<span class=\"_ _1\"></span>i\u00e1rias 2.<span class=\"ffd ls0\"> <span class=\"_ _ab\"> </span><span class=\"ff3\">Per<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>ce o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>iona<span class=\"_ _0\"></span>l </span></span>2.1.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">R\u00e9dit<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>egm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s </span></span>Pol\u00edticas Contabil\u00edsticas No<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>xt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>gato<span class=\"_ _0\"></span>r,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ce a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vidad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rcia<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aba<span class=\"_ _0\"></span>stec<span class=\"_ _0\"></span>edo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a ge<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>\u00e9r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s-p<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>. Na <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>sepa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>, as<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>l\u00edt<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il\u00ed<span class=\"_ _0\"></span>stic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>da Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>s \u00e1<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do r<span class=\"_ _0\"></span>\u00e9d<span class=\"_ _0\"></span>ito e<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> por<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>egm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>ol\u00ed<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s nas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>emo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>iras<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>orme<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>rit<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>abai<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>. \u00c1re<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>eg\u00f3<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or A p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>pal<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iste<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rodu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>ess\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>scri<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> (U<span class=\"_ _0\"></span>WF)<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> us<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dom\u00e9<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>(<span class=\"ff7\">ti<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ue<span class=\"ff1\">)<span class=\"_ _0\"></span>, be<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>, </span></span>es<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>oda <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r, d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>iga\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>vim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>\u00e0 p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o f<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>past<span class=\"_ _0\"></span>a br<span class=\"_ _0\"></span>anq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> eu<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>to <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> BE<span class=\"_ _0\"></span>KP <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>\u00e9r<span class=\"_ _0\"></span>mic<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> el\u00e9<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>, b<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a </span></span></span></span>re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>come<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>. O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>\u00f5e <span class=\"_ _0\"></span>de q<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ompl<span class=\"_ _0\"></span>exo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>is, <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uais<span class=\"_ _0\"></span> l<span class=\"_ _0\"></span>ocal<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s na<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>guei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Fo<span class=\"_ _0\"></span>z e<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Set<span class=\"_ _0\"></span>\u00fabal<span class=\"_ _0\"></span> on<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>z p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a B<span class=\"_ _0\"></span>EK<span class=\"_ _0\"></span>P, <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>l\u00e9t<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l U<span class=\"_ _0\"></span>WF.<span class=\"_ _0\"></span> Di<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>\u00f5e ain<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>lex<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>ndu<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>izad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Av<span class=\"_ _0\"></span>eiro<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>z <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>BEK<span class=\"_ _0\"></span>P, e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ue<span class=\"ff1\">, <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Vil<span class=\"_ _0\"></span>a V<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>R\u00f3d<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>de p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uz<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span><span class=\"ff1\">. </span></span></span></span>A p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>mad<span class=\"_ _0\"></span>eira<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>\u00e9 e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> pla<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>is e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>reno<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ar<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>tuad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>uga<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>span<span class=\"_ _0\"></span>ha,<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>iona<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m M<span class=\"_ _0\"></span>o\u00e7a<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>iqu<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> A <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>ti\u00e7<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>made<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de p<span class=\"_ _0\"></span>inh<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>duz<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>s s\u00e3<span class=\"_ _0\"></span>o ve<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>calip<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> esse<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>mid<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a B<span class=\"_ _0\"></span>EKP<span class=\"_ _0\"></span>. Na <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>WF<span class=\"_ _0\"></span> e d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span><span class=\"ff7\">tiss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span><span class=\"ff1\"> \u00e9 <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>mid<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>te s<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>nif<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>pr\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> </span></span>pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>BEK<span class=\"_ _0\"></span>P. <span class=\"_ _0\"></span>As <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>BEK<span class=\"_ _0\"></span>P, <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>WF<span class=\"_ _0\"></span> e p<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>el <span class=\"ff7\">t<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span><span class=\"ff1\"> <span class=\"ff9\">\u2013</span> <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>30<span class=\"_ _0\"></span> </span></span>pa\u00ed<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>it\u00f3r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m t<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>mun<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>. No<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>\u00e0 pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>sui<span class=\"_ _0\"></span> 3 c<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>oge<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>na pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>zind<span class=\"_ _0\"></span>o-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>vap<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>trici<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>, se<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>umi<span class=\"_ _0\"></span>do in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>e a <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> mai<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>itar<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>ndid<span class=\"_ _0\"></span>a \u00e0<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>onal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gia<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> em me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>sui<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> g\u00e1<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>int<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as na <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l n<span class=\"_ _0\"></span>a F<span class=\"_ _0\"></span>igue<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Foz <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Set<span class=\"_ _0\"></span>\u00fab<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> e d<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rais<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>pen<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ntes,<span class=\"_ _0\"></span> ali<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> bi<span class=\"_ _0\"></span>oma<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span> \u00fal<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>as \u00e9<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>\u00e0 r<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>e nac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gia <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>. P<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>sui <span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> tr\u00ea<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cent<span class=\"_ _0\"></span>rai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fot<span class=\"_ _0\"></span>ovo<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>aica<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a au<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>umo<span class=\"_ _0\"></span>, du<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>Se<span class=\"_ _0\"></span>t\u00fab<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> e u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>Fig<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Fo<span class=\"_ _0\"></span>z. Re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>era <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>iona<span class=\"_ _0\"></span>l,<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>rig<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a IFR<span class=\"_ _0\"></span>S <span class=\"_ _0\"></span>8, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e da <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>olv<span class=\"_ _0\"></span>e at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>eg\u00f3c<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ual <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span> r\u00e9<span class=\"_ _0\"></span>dito<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>ncor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>m gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>cuj<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ope<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Comi<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o E<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>cuti<span class=\"_ _0\"></span>va,<span class=\"_ _0\"></span> a qu<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>al r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>cis<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>onai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>fei<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>omad<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>s\u00f5es<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a im<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>urs<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>mpen<span class=\"_ _0\"></span>ho <span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>\u00e0 q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>ja<span class=\"_ _0\"></span> dis<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>n\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>isti<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>a. A i<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>utili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lato<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>inf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>da pe<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa. Pe<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bor<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nha<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>um c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a se<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>car<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span> ape<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>iali<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rodu<span class=\"_ _0\"></span>zid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> a g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>erid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bsid<span class=\"_ _0\"></span>i\u00e1r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>Des<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>do, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a-s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>que <span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa s<span class=\"_ _0\"></span>e en<span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>dr<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>apen<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>que <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>agr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>a. R\u00e9<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>o  O r<span class=\"_ _0\"></span>\u00e9d<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r b<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>\u00e7os c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> por<span class=\"_ _0\"></span> \u00e1<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>a ge<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>\u00e1fi<span class=\"_ _0\"></span>ca,<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>base<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>a\u00eds <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esti<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ser<span class=\"_ _0\"></span>vi\u00e7o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ndid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pel<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa. Os <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>come<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>Cli<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e \u00e0<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>utos<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ue<span class=\"ff1\"> e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>num<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xte<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>\u00e3o l<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>nsp<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>esse<span class=\"_ _3b\"></span>s pro<span class=\"_ _0\"></span>duto<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> </span></span>qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>c\u00e1v<span class=\"_ _0\"></span>el.<span class=\"_ _0\"></span>  O r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>heci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> r\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>to p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ater<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>scre<span class=\"_ _0\"></span>ve-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ue: Pasta BEKP<span class=\"_ _1\"></span> O r\u00e9dito da pasta<span class=\"_ _1\"></span> resulta das vend<span class=\"_ _1\"></span>as efetuadas a sub<span class=\"_ _1\"></span>sidi\u00e1rias da E<span class=\"_ _1\"></span>mpresa e a<span class=\"_ _1\"></span> pro<span class=\"_ _1\"></span>dutores internac<span class=\"_ _1\"></span>ionais de pape<span class=\"_ _1\"></span>l e de d\u00e9cor. O r\u00e9dito \u00e9 rec<span class=\"_ _1\"></span>onhecido num momento<span class=\"_ _1\"></span> espec\u00edfico pe<span class=\"_ _1\"></span>lo montante da obr<span class=\"_ _1\"></span>iga\u00e7\u00e3o de perfor<span class=\"_ _1\"></span>mance satisfe<span class=\"_ _1\"></span>ita, correspondendo o<span class=\"_ _1\"></span> pre\u00e7o da transa<span class=\"_ _1\"></span>\u00e7\u00e3o a uma quantia<span class=\"_ _1\"></span> fixa faturada em fun\u00e7\u00e3o<span class=\"_ _1\"></span> das quantidades<span class=\"_ _1\"></span> vendidas, de<span class=\"_ _1\"></span>duzida<span class=\"_ _1\"></span> de<span class=\"_ _1\"></span> descontos de pronto<span class=\"_ _1\"></span> pagamento e <span class=\"_ _1\"></span>descontos de quant<span class=\"_ _1\"></span>idade, que s\u00e3o de<span class=\"_ _1\"></span>termin\u00e1veis com<span class=\"_ _1\"></span> fiabilidade. Na <span class=\"_ _1\"></span>vertente da exporta\u00e7\u00e3o, a trans<span class=\"_ _1\"></span>fer\u00eancia de controlo <span class=\"_ _1\"></span>dos produtos ocorre na<span class=\"_ _1\"></span> sua gen<span class=\"_ _1\"></span>eralidade quando os <span class=\"_ _1\"></span>produtos passa<span class=\"_ _1\"></span>m para o controlo do c<span class=\"_ _1\"></span>liente, conforme<span class=\"_ _1\"></span> os Incoterms nego<span class=\"_ _1\"></span>ciados. <span class=\"_ _1\"></span> A Empresa \u00e9 exc<span class=\"_ _1\"></span>lusivamente resp<span class=\"_ _1\"></span>ons\u00e1vel pela ven<span class=\"_ _1\"></span>da da pasta BEKP<span class=\"_ _1\"></span> produzida por e<span class=\"_ _1\"></span>mpresas do Gru<span class=\"_ _1\"></span>po Navigator, destinada \u00e0 comerc<span class=\"_ _1\"></span>ializa\u00e7\u00e3o ao<span class=\"_ _1\"></span> mercado e \u00e0s empresa<span class=\"_ _1\"></span>s produtoras<span class=\"_ _1\"></span> de papel UW<span class=\"_ _1\"></span>F e <span class=\"ff7\">ti<span class=\"_ _1\"></span>ssue</span> do Gru<span class=\"_ _1\"></span>po.  UWF O r\u00e9dito de papel, refer<span class=\"_ _1\"></span>e-se<span class=\"_ _1\"></span> \u00e0s vendas efetua<span class=\"_ _1\"></span>das atrav\u00e9s de<span class=\"_ _1\"></span> Distribu<span class=\"_ _1\"></span>idores comercia<span class=\"_ _1\"></span>is (B2B) os quais <span class=\"_ _1\"></span>incluem grandes distribuidores, <span class=\"_ _1\"></span>grossistas ou ope<span class=\"_ _1\"></span>radores comercia<span class=\"_ _1\"></span>is, al\u00e9m de produto<span class=\"_ _1\"></span>res e transfor<span class=\"_ _1\"></span>madores de produtos<span class=\"_ _1\"></span> de papel. O r\u00e9dito \u00e9 reconhec<span class=\"_ _1\"></span>ido num <span class=\"_ _1\"></span>momento espe<span class=\"_ _1\"></span>c\u00edfico, a data da en<span class=\"_ _1\"></span>trega do produto ao<span class=\"_ _1\"></span> cliente, quando<span class=\"_ _1\"></span> ocorre a transfer\u00eanc<span class=\"_ _1\"></span>ia de controlo, pelo montante<span class=\"_ _1\"></span> da obriga<span class=\"_ _1\"></span>\u00e7\u00e3o de performance <span class=\"_ _1\"></span>satisfeita, sen<span class=\"_ _1\"></span>do que o pre\u00e7o da tran<span class=\"_ _1\"></span>sa\u00e7\u00e3o corre<span class=\"_ _1\"></span>sponde a uma quantia fixa faturada<span class=\"_ _1\"></span> em fun\u00e7\u00e3o d<span class=\"_ _1\"></span>as quantidades<span class=\"_ _1\"></span> vend<span class=\"_ _1\"></span>idas, deduz<span class=\"_ _1\"></span>ida de descontos de pronto<span class=\"_ _1\"></span> pagamen<span class=\"_ _1\"></span>to e descontos de quantidade, que s\u00e3<span class=\"_ _1\"></span>o determin\u00e1ve<span class=\"_ _1\"></span>is com fiabil<span class=\"_ _1\"></span>idade.<span class=\"_ _1\"></span> Tissue O r\u00e9dito de <span class=\"ff7\">tis<span class=\"_ _1\"></span>sue</span> resulta das<span class=\"_ _1\"></span> vendas de papel<span class=\"_ _1\"></span> <span class=\"ff7\">tissue</span> pr<span class=\"_ _1\"></span>oduzido par<span class=\"_ _1\"></span>a a marca pr\u00f3pr<span class=\"_ _1\"></span>ia de redes de ret<span class=\"_ _1\"></span>alho naciona<span class=\"_ _1\"></span>is e internacionais<span class=\"_ _1\"></span>. O r\u00e9dito \u00e9 reconhe<span class=\"_ _1\"></span>cido num mo<span class=\"_ _1\"></span>mento espec\u00edfico,<span class=\"_ _1\"></span> pelo montante <span class=\"_ _1\"></span>da obriga\u00e7\u00e3o de per<span class=\"_ _1\"></span>formance sat<span class=\"_ _1\"></span>isfeita, sendo que o pre\u00e7<span class=\"_ _1\"></span>o da transa\u00e7\u00e3o c<span class=\"_ _1\"></span>orresponde a uma qua<span class=\"_ _1\"></span>ntia fixa fatu<span class=\"_ _1\"></span>rada em fun\u00e7\u00e3o das<span class=\"_ _1\"></span> quantidades vend<span class=\"_ _1\"></span>idas, deduzida de descontos de pront<span class=\"_ _1\"></span>o pagamento e <span class=\"_ _1\"></span>descontos<span class=\"_ _1\"></span> de quantidade,<span class=\"_ _1\"></span> que s\u00e3o determ<span class=\"_ _1\"></span>inados com fiabili<span class=\"_ _1\"></span>dade. O r\u00e9dito \u00e9 reconhecido contra a entr<span class=\"_ _1\"></span>ega do produto,<span class=\"_ _1\"></span> data em que <span class=\"_ _1\"></span>se considera exist<span class=\"_ _1\"></span>ir a transfer\u00eancia do c<span class=\"_ _1\"></span>ontrolo sobre o <span class=\"_ _1\"></span>produto. <span class=\"_ _45\"></span> Opera\u00e7\u00f5es de O r\u00e9dito de mercad<span class=\"_ _1\"></span>orias adquir<span class=\"_ _1\"></span>idas a produt<span class=\"_ _1\"></span>ores e distribui<span class=\"_ _1\"></span>dores, tendo e<span class=\"_ _1\"></span>m vista o abaste<span class=\"_ _1\"></span>cimento de f\u00e1bri<span class=\"_ _1\"></span>cas do Grupo central de que as utiliza<span class=\"_ _1\"></span>m como mat\u00e9rias<span class=\"_ _1\"></span>-primas para<span class=\"_ _1\"></span> transforma\u00e7\u00e3o, \u00e9 rec<span class=\"_ _1\"></span>onhecido na data<span class=\"_ _1\"></span> da entrega do produ<span class=\"_ _1\"></span>to ao cliente, pe<span class=\"_ _1\"></span>lo compras montante da obr<span class=\"_ _1\"></span>iga\u00e7\u00e3o de perfor<span class=\"_ _1\"></span>mance satisfeita, <span class=\"_ _1\"></span>sendo<span class=\"_ _1\"></span> que o pre\u00e7o da transa<span class=\"_ _1\"></span>\u00e7\u00e3o correspon<span class=\"_ _1\"></span>de a uma quant<span class=\"_ _1\"></span>ia fixa faturada em fun\u00e7\u00e3o<span class=\"_ _1\"></span> das quantidad<span class=\"_ _1\"></span>es vendidas determ<span class=\"_ _1\"></span>in\u00e1vel com fiab<span class=\"_ _1\"></span>ilidade.<span class=\"_ _45\"></span> Detalhe do R\u00e9dito por grupos de materiais/servi\u00e7os e \u00e1reas geogr\u00e1ficas Dur<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>erc\u00ed<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ndos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22 e<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span>, o <span class=\"_ _0\"></span>r\u00e9d<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>veni<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e b<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>vi\u00e7<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>talh<span class=\"_ _0\"></span>a-s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>e: Valores em Euros <span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Vendas Papel UWF Portugal  86.483.079 <span class=\"_ _1\"></span> 61.336.753 <span class=\"_ _1\"></span> Resto da Europa<span class=\"_ _1\"></span> 1.107.618.863 <span class=\"_ _1\"></span> 663.878.514 <span class=\"_ _1\"></span> Estados Unidos da A<span class=\"_ _1\"></span>m\u00e9rica<span class=\"_ _1\"></span> 164.176.085 <span class=\"_ _1\"></span> 104.965.167 <span class=\"_ _1\"></span> Resto do mundo<span class=\"_ _1\"></span> 383.126.808 <span class=\"_ _1\"></span> 292.813.637 <span class=\"_ _1\"></span> 1.741.404.835 <span class=\"_ _1\"></span> 1.122.994.072 <span class=\"_ _1\"></span> Papel <span class=\"ff8\">T<span class=\"_ _1\"></span>issue</span> Portugal  93.322.231 <span class=\"_ _1\"></span> 62.471.134 <span class=\"_ _1\"></span> Resto da Europa<span class=\"_ _1\"></span> 113.103.140 <span class=\"_ _1\"></span> 84.523.982 <span class=\"_ _1\"></span> Resto do mundo<span class=\"_ _1\"></span> 4.182.605 <span class=\"_ _1\"></span> 5.960.980 <span class=\"_ _1\"></span> 210.607.976 <span class=\"_ _1\"></span> 152.956.096 <span class=\"_ _1\"></span> Pasta BEKP para me<span class=\"_ _1\"></span>rcado<span class=\"_ _1\"></span> Portugal  4.043.366 <span class=\"_ _1\"></span> 2.857.768 <span class=\"_ _1\"></span> Resto da Europa<span class=\"_ _1\"></span> 162.456.528 <span class=\"_ _1\"></span> 134.392.260 <span class=\"_ _1\"></span> Resto do mundo<span class=\"_ _1\"></span> 30.916.880 <span class=\"_ _1\"></span> 32.545.863 <span class=\"_ _1\"></span> 197.416.774 <span class=\"_ _1\"></span> 169.795.892 <span class=\"_ _1\"></span> Pasta BEKP para <span class=\"_ _1\"></span>abastecimen<span class=\"_ _1\"></span>to de subsidi\u00e1ri<span class=\"_ _1\"></span>as Portugal  854.575.688 <span class=\"_ _1\"></span> 568.118.228 <span class=\"_ _1\"></span> 854.575.688 <span class=\"_ _1\"></span> 568.118.228 <span class=\"_ _1\"></span> Vendas de mercador<span class=\"_ _1\"></span>ias - su<span class=\"_ _1\"></span>bsidi\u00e1rias 454.602.177 <span class=\"_ _1\"></span> 276.315.409 <span class=\"_ _1\"></span> Total das vendas <span class=\"_ _1\"></span> 3.458.607.450 <span class=\"_ _1\"></span> 2.290.179.696 <span class=\"_ _1\"></span> Presta\u00e7\u00f5es de servi\u00e7o<span class=\"_ _1\"></span>s Servi\u00e7os de gest\u00e3o<span class=\"_ _1\"></span> e administra\u00e7\u00e3<span class=\"_ _1\"></span>o de subs<span class=\"_ _1\"></span>idi\u00e1rias 72.598.267 <span class=\"_ _1\"></span> 76.767.926 <span class=\"_ _1\"></span> Total das presta<span class=\"_ _1\"></span>\u00e7\u00f5es de servi\u00e7<span class=\"_ _1\"></span>os <span class=\"_ _1\"></span> 72.598.267 <span class=\"_ _1\"></span> 76.767.926 <span class=\"_ _1\"></span> Total dos r\u00e9ditos <span class=\"_ _1\"></span> 3.531.205.717 <span class=\"_ _1\"></span> 2.366.947.621 <span class=\"_ _1\"></span> Em <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tou u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>eg\u00f3<span class=\"_ _0\"></span>cios<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> reg<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 49<span class=\"_ _0\"></span>% <span class=\"_ _0\"></span>fac<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span>. Ao<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022 <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>u-se<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> vo<span class=\"_ _0\"></span>lum<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>, te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pre<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e U<span class=\"_ _0\"></span>WF,<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span><span class=\"ff7\">ti<span class=\"_ _0\"></span>ssue<span class=\"_ _0\"></span><span class=\"ff1\"> a<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>oti<span class=\"_ _0\"></span>miz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o mi<span class=\"_ _3b\"></span>x de <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s. </span></span>A e<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>lu\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>siti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>e\u00e7os<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>mui<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>pot<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do m<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>, te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>viga<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ngid<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> m\u00e1<span class=\"_ _0\"></span>xim<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ndas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>dut<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>um e<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>arc<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>e f\u00e1b<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca. 2.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Out<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span>s o<span class=\"_ _3b\"></span>perac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>is </span></span>No<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>find<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22 e<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span>, a <span class=\"_ _0\"></span>rub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Ou<span class=\"_ _0\"></span>tros<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>imen<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mp\u00f5e<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Subs\u00eddios \u00e0 expl<span class=\"_ _1\"></span>ora\u00e7\u00e3o<span class=\"_ _1\"></span> - 48.866 Revers\u00e3o de im<span class=\"_ _1\"></span>paridades em di<span class=\"_ _1\"></span>vidas a receber<span class=\"_ _1\"></span> 1.283 44.011 Revers\u00e3o de impar<span class=\"_ _1\"></span>idades em inve<span class=\"_ _1\"></span>nt\u00e1rios <span class=\"_ _1\"></span>(Nota 4.1.3) 1.484.115 - Descontos obtidos<span class=\"_ _1\"></span> em compras<span class=\"_ _1\"></span> 805.593 475.599 Ganhos em invent\u00e1<span class=\"_ _1\"></span>rios 7.518 491.339 Indemniza\u00e7\u00f5es por<span class=\"_ _1\"></span> sinistros<span class=\"_ _1\"></span> 10 272.689 Outros rendimen<span class=\"_ _1\"></span>tos operaciona<span class=\"_ _1\"></span>is 1.179.898 758.299 3.478.417 2.090.803 Em <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>cert<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nt\u00e1r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>l UW<span class=\"_ _0\"></span>F e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> <span class=\"ff7\">t<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>ue<span class=\"ff1\"> l<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> </span></span>di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes <span class=\"_ _0\"></span>pla<span class=\"_ _0\"></span>taf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Eur<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>a (<span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>2.3)<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>vert<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>arid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> hav<span class=\"_ _0\"></span>iam<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no a<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span>. Pol\u00edticas Contabil\u00edsticas Sub<span class=\"_ _0\"></span>s\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>plo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o Os <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bs\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00e0 ex<span class=\"_ _0\"></span>plo<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> s\u00f3 <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>\u00f3s <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>stir<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>uran<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>a Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span> cum<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ir\u00e1<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>mes<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>\u00eddi<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ser<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>Os <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>s\u00eddi<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00e0 e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> o o<span class=\"_ _0\"></span>bj<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ar a<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>os, <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>m\u00e1t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aqu<span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>s\u00eddi<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>sam<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ar<span class=\"ff7\">.</span> 2.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s </span></span>Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Custo das mercador<span class=\"_ _1\"></span>ias vendid<span class=\"_ _1\"></span>as e mat\u00e9rias co<span class=\"_ _1\"></span>nsumidas (Not<span class=\"_ _1\"></span>a 4.1.2)<span class=\"_ _1\"></span> 3.138.646.788 <span class=\"_ _1\"></span> 2.103.980.956 <span class=\"_ _1\"></span> Fornecimento<span class=\"_ _1\"></span>s e servi\u00e7os exte<span class=\"_ _1\"></span>rnos<span class=\"_ _1\"></span> Transporte de merc<span class=\"_ _1\"></span>adorias<span class=\"_ _1\"></span> 196.480.608 <span class=\"_ _1\"></span> 137.488.303 <span class=\"_ _1\"></span> Servi\u00e7os especiali<span class=\"_ _1\"></span>zados 74.683.026 <span class=\"_ _1\"></span> 65.028.640 <span class=\"_ _1\"></span> Royalties 34.346.641 <span class=\"_ _1\"></span> 9.064.427 <span class=\"_ _1\"></span> Comiss\u00f5es 5.918.051 <span class=\"_ _1\"></span> 4.664.334 <span class=\"_ _1\"></span> Seguros 2.011.567 <span class=\"_ _1\"></span> 1.246.160 <span class=\"_ _1\"></span> Rendas e aluguere<span class=\"_ _1\"></span>s 1.074.581 <span class=\"_ _1\"></span> 1.099.970 <span class=\"_ _1\"></span> Honor\u00e1rios 896.480  592.277  Publicidade e pr<span class=\"_ _1\"></span>opaganda<span class=\"_ _1\"></span> 471.462  730.259  Desloca\u00e7\u00f5es e estada<span class=\"_ _1\"></span>s 1.140.931 <span class=\"_ _1\"></span> 662.619  Comunica\u00e7\u00f5es<span class=\"_ _1\"></span> 129.715  254.003  Materiais 104.174  74.122  Energia e flu\u00eddos<span class=\"_ _1\"></span> 178.533  91.927  Subcontratos<span class=\"_ _1\"></span> 240.455  30.453  Conserva\u00e7\u00e3o e repara<span class=\"_ _1\"></span>\u00e7\u00e3o 19.407  40.024  Outros 313.915  82.900  318.009.546 <span class=\"_ _1\"></span> 221.150.420 <span class=\"_ _1\"></span> Gastos com o pe<span class=\"_ _1\"></span>ssoal (Nota 7.<span class=\"_ _1\"></span>1) 13.521.497 <span class=\"_ _1\"></span> 11.092.252 <span class=\"_ _1\"></span> Outros gastos e p<span class=\"_ _1\"></span>erdas opera<span class=\"_ _1\"></span>cionais Imparidades em <span class=\"_ _1\"></span>invent\u00e1rios <span class=\"_ _1\"></span>(Nota 4.1.3)<span class=\"_ _1\"></span> 429.713  1.988.828 <span class=\"_ _1\"></span> Imparidades em d<span class=\"_ _1\"></span>ividas a receber<span class=\"_ _1\"></span> 3.268.851 <span class=\"_ _1\"></span> 127.605  Outras perdas em <span class=\"_ _1\"></span>invent\u00e1rios (Not<span class=\"_ _1\"></span>a 4.1) 2.661.376 <span class=\"_ _1\"></span> 792.470  Donativos 154.864  252.905  Quotiza\u00e7\u00f5es<span class=\"_ _1\"></span> 301.707  272.893  Perdas na al<span class=\"_ _1\"></span>iena\u00e7\u00e3o de ativos n\u00e3<span class=\"_ _1\"></span>o correntes<span class=\"_ _1\"></span> -  654.801  Descontos de pront<span class=\"_ _1\"></span>o pagamento c<span class=\"_ _1\"></span>oncedidos<span class=\"_ _1\"></span> 252.457  240.275  Impostos indiretos<span class=\"_ _1\"></span> 86.637  133.681  Outros gastos operac<span class=\"_ _1\"></span>ionais<span class=\"_ _1\"></span> 183.521  1.265.918 <span class=\"_ _1\"></span> 7.339.126  5.729.376  Provis\u00f5es l\u00edquida<span class=\"_ _1\"></span>s (Nota 9.1)<span class=\"_ _1\"></span> (857.042) 1.138.500  -  Total dos Ga<span class=\"_ _1\"></span>stos e perdas op<span class=\"_ _1\"></span>eracionais<span class=\"_ _1\"></span> 3.477.516.957 <span class=\"_ _1\"></span> 2.341.953.004 <span class=\"_ _1\"></span> O a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o g<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a \u00e9<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> gr<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>e me<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>da,<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>incr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>gene<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>is e<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>rvi<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>xto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pre<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>fla<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nist<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span> Os<span class=\"ls0\"> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>g\u00eds<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>a ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sent<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va, <span class=\"_ _0\"></span>fr<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>gime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os </span>lo<span class=\"_ _0\"></span>g\u00eds<span class=\"_ _0\"></span>tico<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sal <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nomi<span class=\"_ _0\"></span>a. N<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>u man<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ua a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>100<span class=\"_ _0\"></span>%,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>alqu<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>rne<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>. Con<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>cado<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 2.2<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>Out<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>vent<span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>zem<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> st<span class=\"_ _0\"></span>ock<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> UW<span class=\"_ _0\"></span>F e<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span><span class=\"ff1\"> e e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ontr<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>comp<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>rev<span class=\"_ _0\"></span>ers<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> </span></span>in<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>t\u00e1r<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span>.  Honor\u00e1rios faturados por servi\u00e7os de revis\u00e3o legal de con<span class=\"_ _0\"></span>tas e auditoria<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Gastos do Honor\u00e1rios Gastos do Honor\u00e1rios Valores em Euros<span class=\"_ _1\"></span> per\u00edodo faturados per\u00edodo faturados KPMG (SROC) e<span class=\"_ _1\"></span> outras entidad<span class=\"_ _1\"></span>es pertence<span class=\"_ _1\"></span>ntes  \u00e0 mesma rede<span class=\"_ _1\"></span> Servi\u00e7os de rev<span class=\"_ _1\"></span>is\u00e3o legal de conta<span class=\"_ _1\"></span>s e auditoria<span class=\"_ _1\"></span> 166.962  145.462  104.746  128.838  Servi\u00e7os de assessor<span class=\"_ _1\"></span>ia fiscal perm<span class=\"_ _1\"></span>itidos<span class=\"_ _1\"></span> -  -  -  -  Outros servi\u00e7os de<span class=\"_ _1\"></span> garantia de f<span class=\"_ _1\"></span>iabilidade<span class=\"_ _1\"></span> 12.378  17.750  87.875  108.086  Outros servi\u00e7os <span class=\"_ _1\"></span> 129.748  114.250  72.250  88.868  309.088  277.462  264.871  325.791  Os <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>rvi<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u201cOutr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>erv<span class=\"_ _0\"></span>i\u00e7os<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>fia<span class=\"_ _0\"></span>bilid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e\u201d <span class=\"_ _0\"></span>diz<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spei<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>a em<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>\u00f3ri<span class=\"_ _0\"></span>os s<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>inf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a, i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lui<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>rifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a\u00e7\u00e3o <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra ef<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>can<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>ao<span class=\"_ _0\"></span> Pl<span class=\"_ _0\"></span>ano <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>cup<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>sili<span class=\"_ _0\"></span>\u00eanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>vi\u00e7<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da Info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Sus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ambi<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>rev<span class=\"_ _0\"></span>is\u00f5<span class=\"_ _0\"></span>es l<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>elat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a in<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a\u00e7\u00e3o fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>ar. <span class=\"_ _0\"></span>Os <span class=\"_ _0\"></span>Ou<span class=\"_ _0\"></span>tros<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>vi\u00e7<span class=\"_ _0\"></span>os r<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>m-s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m tr<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>alh<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"ff7\">D<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>Di<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce<span class=\"ff1\"> <span class=\"ls96\">de </span></span></span>de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span>. O C<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Ad<span class=\"_ _0\"></span>mini<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>ufi<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>ntes <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> sa<span class=\"_ _0\"></span>lv<span class=\"_ _0\"></span>agu<span class=\"_ _0\"></span>ard<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>\u00eanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> atr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>an\u00e1<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>sel<span class=\"_ _0\"></span>ho <span class=\"_ _0\"></span>Fis<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>os t<span class=\"_ _0\"></span>rab<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>osto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e da<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ua d<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ata\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> 3.<span class=\"ffd ls0\"> <span class=\"_ _ab\"> </span><span class=\"ff3\">Inv<span class=\"_ _0\"></span>esti<span class=\"_ _3b\"></span>mentos<span class=\"_ _0\"></span> </span></span>3.1.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ixo<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> </span></span>Movimentos em ativos fixos tang\u00edveis Ativos Edif\u00edcios  Equipamento Outros  fixos e outras Equipamentos de Equipamento ativos fixos tang\u00edveis Valores em Euros Terrenos constru\u00e7\u00f5es b\u00e1sico transporte administrativo tang\u00edveis em curso Total Valor bruto Saldo em 1 de janeiro de 2021<span class=\"_ _1\"></span> 12.872 <span class=\"fs1\"> </span>693.726 <span class=\"fs1\"> </span>1.394.763 <span class=\"fs1\"> </span>4.356.871 <span class=\"fs1\"> </span>11.799.251 <span class=\"_ _1\"></span><span class=\"fs1\"> </span>14.988.161 <span class=\"_ _1\"></span><span class=\"fs1\"> </span>15.028 <span class=\"fs1\"> </span>33.260.672 <span class=\"_ _1\"></span><span class=\"fs1\"> </span>Aquisi\u00e7\u00f5es - <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>Aliena\u00e7\u00f5es - <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>(2.085)<span class=\"fs1\"> </span>(300.102)<span class=\"fs1\"> </span>(3.680.850)<span class=\"_ _1\"></span><span class=\"fs1\"> </span>(4.456.558)<span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>(8.439.596)<span class=\"fs1\"> </span>Regulariza\u00e7\u00f5es, transfer\u00eanci<span class=\"_ _1\"></span>as e abates - <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>Saldo em 31 de dezembro de 202<span class=\"_ _1\"></span>1 12.872 <span class=\"fs1\"> </span>693.726 <span class=\"fs1\"> </span>1.392.678 <span class=\"fs1\"> </span>4.056.769 <span class=\"fs1\"> </span>8.118.401 <span class=\"fs1\"> </span>10.531.603 <span class=\"_ _1\"></span><span class=\"fs1\"> </span>15.028 <span class=\"fs1\"> </span>24.821.076 <span class=\"_ _1\"></span><span class=\"fs1\"> </span>Aquisi\u00e7\u00f5es - <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>Aliena\u00e7\u00f5es - <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>(3.651.224)<span class=\"_ _1\"></span><span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>(3.651.224)<span class=\"fs1\"> </span>Regulariza\u00e7\u00f5es, transfer\u00eanci<span class=\"_ _1\"></span>as e abates - <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>15.028 <span class=\"fs1\"> </span>(15.028)<span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>Saldo em 31 de dezembro de 202<span class=\"_ _1\"></span>2 12.872 <span class=\"fs1\"> </span>693.726 <span class=\"fs1\"> </span>1.392.678 <span class=\"fs1\"> </span>4.056.769 <span class=\"fs1\"> </span>4.467.177 <span class=\"fs1\"> </span>10.546.631 <span class=\"_ _1\"></span><span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>21.169.852 <span class=\"_ _1\"></span><span class=\"fs1\"> </span>Deprecia\u00e7\u00f5es e perdas por imparidade acumuladas<span class=\"_ _1\"></span> Saldo em 1 de janeiro de 2021<span class=\"_ _1\"></span> - <span class=\"fs1\"> </span>(47.981)<span class=\"fs1\"> </span>(1.354.136)<span class=\"_ _1\"></span><span class=\"fs1\"> </span>(4.190.910)<span class=\"_ _1\"></span><span class=\"fs1\"> </span>(11.445.102)<span class=\"_ _1\"></span><span class=\"fs1\"> </span>(14.557.325)<span class=\"_ _1\"></span><span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>(31.595.453)<span class=\"_ _1\"></span><span class=\"fs1\"> </span>Deprecia\u00e7\u00f5es do per\u00edodo (Nota 3.7)<span class=\"_ _1\"></span> - <span class=\"fs1\"> </span>(14.791)<span class=\"fs1\"> </span>(14.808)<span class=\"fs1\"> </span>(13.987)<span class=\"fs1\"> </span>(24.247)<span class=\"fs1\"> </span>(21.490)<span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>(89.322)<span class=\"fs1\"> </span>Aliena\u00e7\u00f5es - <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>844 <span class=\"fs1 ls0\"> </span>275.728 <span class=\"fs1\"> </span>3.425.939 <span class=\"_ _1\"></span><span class=\"fs1\"> </span>4.069.693 <span class=\"_ _1\"></span><span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>7.772.204 <span class=\"_ _1\"></span><span class=\"fs1\"> </span>Regulariza\u00e7\u00f5es, transfer\u00eanci<span class=\"_ _1\"></span>as e abates - <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>Saldo em 31 de dezembro de 202<span class=\"_ _1\"></span>1 - <span class=\"fs1\"> </span>(62.772)<span class=\"fs1\"> </span>(1.368.100)<span class=\"_ _1\"></span><span class=\"fs1\"> </span>(3.929.168)<span class=\"_ _1\"></span><span class=\"fs1\"> </span>(8.043.410)<span class=\"_ _1\"></span><span class=\"fs1\"> </span>(10.509.121)<span class=\"_ _1\"></span><span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>(23.912.572)<span class=\"_ _1\"></span><span class=\"fs1\"> </span>Deprecia\u00e7\u00f5es do per\u00edodo (Nota 3.7)<span class=\"_ _1\"></span> - <span class=\"fs1\"> </span>(14.791)<span class=\"fs1\"> </span>(12.634)<span class=\"fs1\"> </span>(13.014)<span class=\"fs1\"> </span>(8.217)<span class=\"fs1\"> </span>(2.545)<span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>(51.201)<span class=\"fs1\"> </span>Aliena\u00e7\u00f5es - <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>3.648.943 <span class=\"_ _1\"></span><span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>3.648.943 <span class=\"_ _1\"></span><span class=\"fs1\"> </span>Regulariza\u00e7\u00f5es, transfer\u00eanci<span class=\"_ _1\"></span>as e abates - <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>Saldo em 31 de dezembro de 202<span class=\"_ _1\"></span>2 - <span class=\"fs1\"> </span>(77.563)<span class=\"fs1\"> </span>(1.380.734)<span class=\"_ _1\"></span><span class=\"fs1\"> </span>(3.942.182)<span class=\"_ _1\"></span><span class=\"fs1\"> </span>(4.402.684)<span class=\"_ _1\"></span><span class=\"fs1\"> </span>(10.511.666)<span class=\"_ _1\"></span><span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>(20.314.830)<span class=\"_ _1\"></span><span class=\"fs1\"> </span>Valor l\u00edquido em  12.872 <span class=\"fs1\"> </span>645.745 <span class=\"fs1\"> </span>40.627 <span class=\"fs1\"> </span>165.961 <span class=\"fs1\"> </span>354.149 <span class=\"fs1\"> </span>430.837 <span class=\"fs1\"> </span>15.028 <span class=\"fs1\"> </span>1.665.219 <span class=\"fs1\"> </span>1 de janeiro de 2021<span class=\"_ _1\"></span> Valor l\u00edquido em  12.872 <span class=\"fs1\"> </span>630.954 <span class=\"fs1\"> </span>24.578 <span class=\"fs1\"> </span>127.600 <span class=\"fs1\"> </span>74.991 <span class=\"fs1\"> </span>22.482 <span class=\"fs1\"> </span>15.028 <span class=\"fs1\"> </span>908.505 <span class=\"fs1\"> </span>31 de dezembro de 2021<span class=\"_ _1\"></span> Valor l\u00edquido em  12.872 <span class=\"fs1\"> </span>616.163 <span class=\"fs1\"> </span>11.944 <span class=\"fs1\"> </span>114.587 <span class=\"fs1\"> </span>64.493 <span class=\"fs1\"> </span>34.965 <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>855.022 <span class=\"fs1\"> </span>31 de dezembro de 2022<span class=\"_ _1\"></span> Pol\u00edticas Contabil\u00edsticas Reconhecimento e mens<span class=\"_ _0\"></span>ura\u00e7\u00e3o inicia<span class=\"_ _0\"></span>l<span class=\"ff1\"> </span>Os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>g\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> 1 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> jan<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>200<span class=\"_ _0\"></span>4 (<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>i\u00e7\u00e3o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> IFRS<span class=\"_ _0\"></span>), en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aqui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>u c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aqu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>liad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o com<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>nc\u00edpi<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>\u00edsti<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>alme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>uga<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>at\u00e9 <span class=\"_ _0\"></span>\u00e0qu<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>ta,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>duz<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as amo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>arid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>cum<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>g\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ao cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>uzid<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>ia\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>. Deprecia\u00e7\u00f5es e impari<span class=\"_ _0\"></span>dade<span class=\"ff1\"> </span>\u00c9 u<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>todo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>quot<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>mome<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>m se<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ncon<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a di<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>n\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>so,<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>zan<span class=\"_ _0\"></span>do-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xas<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>mel<span class=\"_ _0\"></span>hor<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span> \u00fat<span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ada<span class=\"ff7\">.</span> Anos m\u00e9dios de vi<span class=\"_ _1\"></span>da \u00fatil<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Edif\u00edcios e outras<span class=\"_ _1\"></span> constru\u00e7\u00f5es<span class=\"_ _1\"></span> 20 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>50<span class=\"ls0\"> </span>20 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>50<span class=\"ls0\"> </span>Equipamento b\u00e1<span class=\"_ _1\"></span>sico  7 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>35<span class=\"ls0\"> </span>7 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>35<span class=\"ls0\"> </span>Equipamento de tran<span class=\"_ _1\"></span>sporte 4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 9 </span></span>4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 9 </span></span>Equipamento ad<span class=\"_ _1\"></span>ministrativo<span class=\"_ _1\"></span> 4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 8 </span></span>4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 8 </span></span>Outros ativos fixo<span class=\"_ _1\"></span>s tang\u00edveis<span class=\"_ _1\"></span> 3 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>21<span class=\"ls0\"> </span>3 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>21<span class=\"ls0\"> </span>Os <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>uais<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>\u00fatei<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> aj<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> se ne<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>s\u00e1r<span class=\"_ _0\"></span>io,<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>a.<span class=\"_ _0\"></span> Se<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cri<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a \u00e9 <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>de-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>u re<span class=\"_ _0\"></span>aj<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>er\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mad<span class=\"_ _0\"></span>o me<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e o <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>arid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e. Custos subsequentes<span class=\"ff1\"> </span>Os <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>nut<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>ama<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>one<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e aqu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo f<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>o ta<span class=\"_ _0\"></span>ng\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>\u00e0 da<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> da pr<span class=\"_ _0\"></span>\u00f3xi<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>ute<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> rep<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>uten<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> gas<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>no pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>orri<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>. Abates e al<span class=\"_ _0\"></span>iena\u00e7\u00f5es<span class=\"ff1\"> </span>Os <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>enie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>ate <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> ali<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>erm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ela <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>eren<span class=\"_ _0\"></span>\u00e7a en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>bim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>apli<span class=\"_ _0\"></span>c\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>dedu<span class=\"_ _0\"></span>zid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ansa<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a qu<span class=\"_ _0\"></span>anti<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>crit<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>conh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> Ou<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>os re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>raci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> (N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>.2) <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> Ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nais<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>Nota<span class=\"_ _0\"></span> 2.<span class=\"_ _0\"></span>3)<span class=\"_ _0\"></span>. 3.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> <span class=\"lsac\">sob</span> d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eito<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e u<span class=\"_ _0\"></span>so </span></span>Movimentos em ativos sob direito de uso Valores em Euros<span class=\"_ _1\"></span> Edif\u00edcios Viaturas Total Valor bruto Saldo em 1 de <span class=\"_ _1\"></span>janeiro de 2021<span class=\"_ _1\"></span> 4.277.508 39.668 4.317.176 Aquisi\u00e7\u00f5es<span class=\"_ _1\"></span> - - - Regulariza\u00e7\u00f5es,<span class=\"_ _1\"></span> transfer\u00eancias e<span class=\"_ _1\"></span> abates<span class=\"_ _1\"></span> - 4.645 4.645 Saldo em 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2021 4.277.508 44.313 4.321.821 Aquisi\u00e7\u00f5es<span class=\"_ _1\"></span> - - - Regulariza\u00e7\u00f5es,<span class=\"_ _1\"></span> transfer\u00eancias e<span class=\"_ _1\"></span> abates<span class=\"_ _1\"></span> - 10.583 10.583 Saldo em 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2022 4.277.508 54.896 4.332.404 Deprecia\u00e7\u00f5es e<span class=\"_ _1\"></span> perdas por i<span class=\"_ _1\"></span>mparidade a<span class=\"_ _1\"></span>cumuladas<span class=\"_ _1\"></span> - Saldo em 1 de janeir<span class=\"_ _1\"></span>o de 2021<span class=\"_ _1\"></span> (1.004.830)<span class=\"_ _1\"></span> (25.531) (1.030.361)<span class=\"_ _1\"></span> Deprecia\u00e7\u00f5es<span class=\"_ _1\"></span> (510.028) (12.773) (522.801) Saldo em 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2021 (1.514.857)<span class=\"_ _1\"></span> (38.305) (1.553.162)<span class=\"_ _1\"></span> Deprecia\u00e7\u00f5es<span class=\"_ _1\"></span> (510.028) (13.090) (523.118) Saldo em 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2022 (2.024.885)<span class=\"_ _1\"></span> (51.395) (2.076.280)<span class=\"_ _1\"></span> Valor l\u00edquido em 1 d<span class=\"_ _1\"></span>e janeiro d<span class=\"_ _1\"></span>e 2021<span class=\"_ _1\"></span> 3.272.678 14.137 3.286.814 Valor l\u00edquido em<span class=\"_ _1\"></span> 31 de de<span class=\"_ _1\"></span>zembro de 2021<span class=\"_ _1\"></span> 2.762.651 6.008 2.768.659 Valor l\u00edquido em 3<span class=\"_ _1\"></span>1 de dez<span class=\"_ _1\"></span>embro de 2022<span class=\"_ _1\"></span> 2.252.623 3.501 2.256.124 A r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>Edi<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nde <span class=\"_ _0\"></span>ao<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>leb<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>do e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>a T<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r Com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>y,<span class=\"_ _0\"></span> S.A<span class=\"_ _0\"></span>. e<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>os <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> So<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>Ge<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Fun<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Inve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> Im<span class=\"_ _0\"></span>obi<span class=\"_ _0\"></span>li\u00e1r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span> </span></span>re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> ed<span class=\"_ _0\"></span>if\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>na A<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>a F<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> Pe<span class=\"_ _0\"></span>rei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Mel<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> 21,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m L<span class=\"_ _0\"></span>isb<span class=\"_ _0\"></span>oa,<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>iliza<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cri<span class=\"_ _0\"></span>t\u00f3ri<span class=\"_ _0\"></span>o. Pol\u00edticas Contabil\u00edsticas Na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>gor <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o, <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo s<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span> dir<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de u<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> ini<span class=\"_ _0\"></span>cial <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ivo <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> loc<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de:<span class=\"_ _0\"></span> i)<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s; <span class=\"_ _0\"></span>ii)<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00e0 l<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>a\u00e7\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>bido<span class=\"_ _0\"></span>s;<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> iii)<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>dire<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span>  Ao <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>b <span class=\"_ _0\"></span>dire<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>uso,<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r\u00e1 <span class=\"_ _0\"></span>acre<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>emo<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>/ou <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>aura<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>o at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>ja<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>e/<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> o l<span class=\"_ _0\"></span>ocal<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>nde <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>gid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pelo<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>. O a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>b di<span class=\"_ _0\"></span>rei<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> us<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>\u00e9t<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>near<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>a dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> at\u00e9 <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>inal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>\u00fat<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a lo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>. Adi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>alme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o so<span class=\"_ _0\"></span>b d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>uso <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rda<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xist<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>m,<span class=\"_ _0\"></span> e aju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or e<span class=\"_ _3b\"></span>vent<span class=\"_ _0\"></span>uais<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>ca\u00e7\u00e3<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span>A v<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a \u00fa<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>da cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>b di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> ig<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> \u00e0<span class=\"_ _0\"></span> vid<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>\u00fatil<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fix<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>ng\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s (N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>.1)<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span> cl<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>se q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>te o<span class=\"_ _0\"></span>p\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> Emp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>exe<span class=\"_ _0\"></span>rc\u00ea<span class=\"_ _0\"></span>-la.<span class=\"_ _0\"></span> Loca\u00e7\u00f5es de curta <span class=\"_ _0\"></span>dura\u00e7\u00e3o e loca\u00e7\u00f5es de ati<span class=\"_ _0\"></span>vos de valor reduzido<span class=\"ff1\"> </span>A E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>conh<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>agam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ig<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u i<span class=\"_ _0\"></span>nfe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> 12 <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> loc<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>ujo<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o i<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>ja <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>feri<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>USD<span class=\"_ _0\"></span> $5<span class=\"_ _0\"></span>.0<span class=\"_ _0\"></span>00 di<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>os o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 2.3<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> nu<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>. 3.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Depr<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>amo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _3b\"></span>es e <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s </span></span>po<span class=\"_ _0\"></span>r i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Deprecia\u00e7\u00f5es de at<span class=\"_ _1\"></span>ivos fixos tang<span class=\"_ _1\"></span>\u00edveis do per\u00edod<span class=\"_ _1\"></span>o (Nota 3.1)<span class=\"_ _1\"></span> 51.201  89.322  Utiliza\u00e7\u00e3o de subs<span class=\"_ _1\"></span>\u00eddios ao inve<span class=\"_ _1\"></span>stimento<span class=\"_ _1\"></span> (988) (1.038) Deprecia\u00e7\u00f5es d<span class=\"_ _1\"></span>e ativos fixos ta<span class=\"_ _1\"></span>ng\u00edveis, <span class=\"_ _1\"></span>l\u00edquidos de s<span class=\"_ _1\"></span>ubs\u00eddios u<span class=\"_ _1\"></span>tilizados<span class=\"_ _1\"></span> 50.213  88.284  Deprecia\u00e7\u00f5es d<span class=\"_ _1\"></span>e ativos de dire<span class=\"_ _1\"></span>ito de uso do per\u00ed<span class=\"_ _1\"></span>odo (Nota 3.2<span class=\"_ _1\"></span>)<span class=\"_ _1\"></span> 523.118  522.801  573.331  611.085  4.<span class=\"_ _9a\"> </span><span class=\"ls0\">F<span class=\"lsad\">undo</span> <span class=\"_ _0\"></span><span class=\"lsae\">de<span class=\"ls0\"> mane<span class=\"_ _0\"></span>io</span></span></span>4.1.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Inv<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s </span></span>4.1.1<span class=\"lsaf\">. </span>Invent\u00e1rios <span class=\"ffa\">\u2013</span> <span class=\"_ _1\"></span>Detalhe por nat<span class=\"_ _1\"></span>ureza Valores l\u00edquidos de perdas por impar<span class=\"_ _0\"></span>idade acumuladas<span class=\"_ _1\"></span> 31/12/22 31/12/21 Valor Valor Valores em Euros Valor bruto<span class=\"_ _0\"></span> Imparidade l\u00edquido Valor bruto<span class=\"_ _0\"></span> Imparidade<span class=\"_ _0\"></span> l\u00edquido Pasta BEKP 14.800.385 (226.674) 14.573.711 4.005.792 -4.005.792Papel UWF 6.904.701 (516.528) 6.388.173 12.514.531 (1.615.825) 10.898.706Papel <span class=\"ff7\">Tissue</span> 1.565.233 (7.029) 1.558.204 1.266.139 (372.860) 893.279 Mercadorias para<span class=\"_ _1\"></span> abastecimento 3.591.693 (184.196) 3.407.497 2.750.862 (144)2.750.718das f\u00e1bricas do Gru<span class=\"_ _1\"></span>po  Total 26.862.012 (934.427) 25.927.585 20.537.324 (1.988.828)<span class=\"_ _1\"></span> 18.548.495 Invent\u00e1rios <span class=\"ffa\">\u2013</span> distribui\u00e7\u00e3o por<span class=\"_ _0\"></span> \u00e1rea geogr\u00e1fica<span class=\"_ _1\"></span> Valores em Euros 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>% 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>21<span class=\"ls0\"> </span>% Portugal Pasta BEKP  3.002.606 11,18% 191.396 0,93% Papel UWF  1.169.870 4,36% 9.858.375 48,00% Papel <span class=\"ff7\">Tissue</span> <span class=\"_ _1\"></span> 600.413 2,24% 494.444 2,41% Mercadorias para<span class=\"_ _1\"></span> abastecimento d<span class=\"_ _1\"></span>o Grupo 3.591.693 13,37% 2.750.862 13,39% 8.364.582 31,14% 13.295.077 64,74% Resto da Europa<span class=\"_ _1\"></span> Pasta BEKP  11.797.779 43,92% 3.814.396 18,57% Papel UWF  5.734.831 21,35% 2.656.156 12,93% Papel <span class=\"ff7\">Tissue</span> <span class=\"_ _1\"></span> 964.820 3,59% 771.695 3,76% 18.497.430 68,86% 7.242.247 35,26% 26.862.012 100,00%<span class=\"_ _1\"></span> 20.537.324 100,00%<span class=\"_ _1\"></span> Os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nt\u00e1<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>s da<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 1.7<span class=\"_ _0\"></span>70<span class=\"_ _0\"></span>.28<span class=\"_ _0\"></span>3 e<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os (<span class=\"_ _0\"></span>2021<span class=\"_ _0\"></span>: <span class=\"_ _0\"></span>10<span class=\"_ _0\"></span>.352<span class=\"_ _0\"></span>.8<span class=\"_ _0\"></span>19<span class=\"_ _0\"></span> eur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>) r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>a pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> UW<span class=\"_ _0\"></span>F e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span><span class=\"ff7\">tiss<span class=\"_ _0\"></span>ue<span class=\"ff1\"> <span class=\"_ _0\"></span>cuj<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>fat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>j\u00e1 <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>miti<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>, ma<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>uj<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>lo n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>i tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o </span></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>Cli<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> exi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>cuj<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>se s<span class=\"_ _0\"></span>eja<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>trita<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>/o<span class=\"_ _0\"></span>u pe<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span>. 4.1.2<span class=\"lsaf\">. </span>Custo das mercadori<span class=\"_ _1\"></span>as vendidas e m<span class=\"_ _1\"></span>at\u00e9rias consum<span class=\"_ _1\"></span>idas<span class=\"_ _1\"></span> no per\u00edodo Valores em Euros <span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Saldo inic<span class=\"_ _1\"></span>ial  18.548.495 <span class=\"_ _1\"></span> 22.585.686 <span class=\"_ _1\"></span> Compras  3.147.625.333 <span class=\"_ _1\"></span> 2.102.233.726 <span class=\"_ _1\"></span> Ganhos / (Perdas)<span class=\"_ _1\"></span> em invent\u00e1rios <span class=\"_ _1\"></span>(Notas 2.2 e 2.3<span class=\"_ _1\"></span>)  (2.653.858) (301.132) Ganhos / (Perdas)<span class=\"_ _1\"></span> por imparidade<span class=\"_ _1\"></span> (Notas 2.2 e<span class=\"_ _1\"></span> 2.3)  1.054.403 <span class=\"_ _1\"></span> (1.988.828) Saldo final  (25.927.585) (18.548.495)<span class=\"_ _1\"></span> Custo das mercador<span class=\"_ _1\"></span>ias vendid<span class=\"_ _1\"></span>as e mat\u00e9rias co<span class=\"_ _1\"></span>nsumidas (Not<span class=\"_ _1\"></span>a 2.3) <span class=\"_ _1\"></span> 3.138.646.788 <span class=\"_ _1\"></span> 2.103.980.956 <span class=\"_ _1\"></span> Custos das mercadorias e mat\u00e9rias consumidas por tipolog<span class=\"_ _0\"></span>ia<span class=\"_ _1\"></span> Valores em Euros <span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Pasta BEKP - Venda<span class=\"_ _1\"></span> a mercado <span class=\"_ _1\"></span> 172.783.247 <span class=\"_ _1\"></span> 162.302.396 <span class=\"_ _1\"></span> Pasta BEKP - Incor<span class=\"_ _1\"></span>pora\u00e7\u00e3o no Gru<span class=\"_ _1\"></span>po  853.094.541 <span class=\"_ _1\"></span> 567.185.028 <span class=\"_ _1\"></span> Papel UWF  1.445.591.986 <span class=\"_ _1\"></span> 1.036.754.808 <span class=\"_ _1\"></span> Papel <span class=\"ff7\">Tissue</span> <span class=\"_ _1\"></span> 213.120.626 <span class=\"_ _1\"></span> 147.476.502 <span class=\"_ _1\"></span> Mercadorias para<span class=\"_ _1\"></span> abastecimento d<span class=\"_ _1\"></span>as f\u00e1bricas do Gr<span class=\"_ _1\"></span>upo <span class=\"_ _1\"></span> 454.056.388 <span class=\"_ _1\"></span> 190.262.222 <span class=\"_ _1\"></span> 3.138.646.788 <span class=\"_ _1\"></span> 2.103.980.956 <span class=\"_ _1\"></span> 4.1.3<span class=\"lsaf\">. </span>Movimentos em pe<span class=\"_ _1\"></span>rdas por imp<span class=\"_ _1\"></span>aridade em inve<span class=\"_ _1\"></span>nt\u00e1rios<span class=\"_ _1\"></span><span class=\"ff1 fsa fc6\"> </span>Valores em Euros <span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Saldo Inicial <span class=\"_ _1\"></span> (1.988.828)<span class=\"_ _1\"></span> (10.256) Aumentos (Nota<span class=\"_ _1\"></span> 2.3) (429.713) (1.988.828) Revers\u00f5es (Nota 2.2<span class=\"_ _1\"></span>) 1.484.115 <span class=\"_ _1\"></span> -  Impacto em res<span class=\"_ _1\"></span>ultados do per\u00ed<span class=\"_ _1\"></span>odo<span class=\"_ _1\"></span> (934.426) (1.988.828)<span class=\"_ _1\"></span> Utiliza\u00e7\u00f5es <span class=\"_ _1\"></span> -  10.256  Saldo final  (934.426) (1.988.828)<span class=\"_ _1\"></span> As <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s em<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>nt\u00e1<span class=\"_ _0\"></span>rios<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spei<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>aju<span class=\"_ _0\"></span>stam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ao <span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>ck<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>WF <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>cali<span class=\"_ _0\"></span>pto<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>rs\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>arid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es,<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tou<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>lme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ace<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>ck<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> UW<span class=\"_ _0\"></span>F e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tuad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2 <span class=\"_ _0\"></span>(No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>2.2)<span class=\"_ _0\"></span>. Pol\u00edticas Contabil\u00edsticas Mercadorias<span class=\"ff1\"> </span>As <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span> Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r co<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ssenc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>lme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> eu<span class=\"_ _0\"></span>cali<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>o, pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> UW<span class=\"_ _0\"></span>F e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>tiss<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>adqu<span class=\"_ _0\"></span>iri<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s a <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>i\u00e1<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span>, pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a ao<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>. In<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> mat<span class=\"_ _0\"></span>\u00e9r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>dqui<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras,<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> \u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>sua <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span> Ce<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ral <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ator<span class=\"_ _3b\"></span>.<span class=\"_ _1\"></span> A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>n\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> \u201c<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>as\u201d<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>as com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>t\u00e9r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span>-pr<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>fei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>izad<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>poi<span class=\"_ _0\"></span>s aba<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>duto<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>indo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>adei<span class=\"_ _0\"></span>ra.<span class=\"_ _0\"></span> As <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>at\u00e9r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span>-pr<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>enc<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tram<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>riz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>aix<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e aqu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o e<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>u va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r r<span class=\"_ _0\"></span>eal<span class=\"_ _0\"></span>iz\u00e1ve<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> O <span class=\"_ _0\"></span>cust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>aqu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>clui<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>inco<span class=\"_ _0\"></span>rri<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span> ao <span class=\"_ _0\"></span>arm<span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ando<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> m\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>o po<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>do c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>\u00e9t<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>eio<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> sa\u00ed<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s. 4.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>ebe<span class=\"_ _0\"></span>r  </span></span>31/12/22 31/12/21 N\u00e3o N\u00e3o Valores em Euros<span class=\"_ _1\"></span> Corrente Corrente Total Corrente Corrente Total Clientes -  273.900.581 <span class=\"_ _1\"></span> 273.900.581 <span class=\"_ _1\"></span> -  178.899.757 <span class=\"_ _1\"></span> 178.899.757 <span class=\"_ _1\"></span> Contas a receber -<span class=\"_ _1\"></span> empresas rela<span class=\"_ _1\"></span>cionadas -  409.610.821 <span class=\"_ _1\"></span> 409.610.821 <span class=\"_ _1\"></span> -  612.402.309 <span class=\"_ _1\"></span> 612.402.309 <span class=\"_ _1\"></span> (Nota 10.2) Estado -  42.335.090 <span class=\"_ _1\"></span> 42.335.090 <span class=\"_ _1\"></span> -  35.962.673 <span class=\"_ _1\"></span> 35.962.673 <span class=\"_ _1\"></span> Consolida\u00e7\u00e3o f<span class=\"_ _1\"></span>iscal - partes re<span class=\"_ _1\"></span>lacionadas <span class=\"_ _1\"></span> -  123.679.484 <span class=\"_ _1\"></span> 123.679.484 <span class=\"_ _1\"></span> -  35.390.055 <span class=\"_ _1\"></span> 35.390.055 <span class=\"_ _1\"></span> (Nota 10.2) Acr\u00e9scimos de rend<span class=\"_ _1\"></span>imento -  645.515  645.515  -  1.291.884 <span class=\"_ _1\"></span> 1.291.884 <span class=\"_ _1\"></span> Gastos diferidos<span class=\"_ _1\"></span> -  1.033  1.033  -  107.002  107.002  Instrumentos finance<span class=\"_ _1\"></span>iros derivado<span class=\"_ _1\"></span>s (Nota 8.2)<span class=\"_ _1\"></span> -  48.514.443 <span class=\"_ _1\"></span> 48.514.443 <span class=\"_ _1\"></span> -  1.630.982 <span class=\"_ _1\"></span> 1.630.982 <span class=\"_ _1\"></span> Adiantamentos a <span class=\"_ _1\"></span>Fornecedores<span class=\"_ _1\"></span> -  891.489  891.489  -  -  -  Plano p\u00f3s empre<span class=\"_ _1\"></span>go (Nota 7.2)<span class=\"_ _1\"></span> -  -  -  -  444.631  444.631  Outros 6.684  427.884  434.568  6.684  858.676  865.360  6.684  900.006.340 <span class=\"_ _1\"></span> 900.013.024 <span class=\"_ _1\"></span> 6.684  866.987.969 <span class=\"_ _1\"></span> 866.994.654 <span class=\"_ _1\"></span> Os <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> aci<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>l\u00ed<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>cum<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>A <span class=\"_ _0\"></span>an\u00e1l<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e im<span class=\"_ _0\"></span>pari<span class=\"_ _3b\"></span>dade<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> a r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r \u00e9<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>Not<span class=\"_ _0\"></span>a 8<span class=\"_ _0\"></span>.1.<span class=\"_ _0\"></span>4 -<span class=\"_ _0\"></span> Ri<span class=\"_ _3b\"></span>sco d<span class=\"_ _0\"></span>e cr<span class=\"_ _0\"></span>\u00e9d<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>. Outros <span class=\"ffa\">\u2013</span> N\u00e3o corrente<span class=\"ff1 fsa fc6\"> </span>O m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o n\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> e 2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>anti<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>IVA re<span class=\"_ _0\"></span>laci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>IVA<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a Su<span class=\"_ _0\"></span>\u00ed\u00e7<span class=\"_ _0\"></span>a. Estado<span class=\"ff1 fsa fc6\"> </span>Valores em Euros<span class=\"_ _1\"></span> 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>21<span class=\"ls0\"> </span>Imposto sobre o<span class=\"_ _1\"></span> Valor Acrescenta<span class=\"_ _1\"></span>do a recuperar<span class=\"_ _1\"></span> -  -  Imposto sobre o<span class=\"_ _1\"></span> Valor Acrescenta<span class=\"_ _1\"></span>do - Ree<span class=\"_ _1\"></span>mbolsos pedidos<span class=\"_ _1\"></span> 42.335.090 <span class=\"_ _1\"></span> 35.962.673 <span class=\"_ _1\"></span> 42.335.090 <span class=\"_ _1\"></span> 35.962.673 <span class=\"_ _1\"></span> At\u00e9<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>\u00f3ri<span class=\"_ _0\"></span>o, f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>cebi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span><span class=\"ff9\">\u20ac10.<span class=\"_ _0\"></span>95<span class=\"_ _0\"></span>3.<span class=\"ff1\">24<span class=\"_ _0\"></span>4 <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tes <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> abe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>31 </span></span>de <span class=\"ls0\">dez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22,<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>rent<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ao<span class=\"_ _0\"></span> IVA <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>. </span>Acr\u00e9scimos de rendimento  Valores em Euros<span class=\"_ _1\"></span> 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>21<span class=\"ls0\"> </span>Acr\u00e9scimos de<span class=\"_ _1\"></span> rendimento<span class=\"_ _1\"></span> Juros a receber - <span class=\"_ _1\"></span>partes relac<span class=\"_ _1\"></span>ionadas (Nota 10.2)<span class=\"_ _1\"></span> 645.515  888.441  Outros rendimentos<span class=\"_ _1\"></span> - partes re<span class=\"_ _1\"></span>lacionadas (<span class=\"_ _1\"></span>Nota 10.2)<span class=\"_ _1\"></span> -  130.754  Outros -  272.689  645.515  1.291.884  Pol\u00edticas Contabil\u00edsticas Cl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>deve<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>es Cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o Os <span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Cl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ulta<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e ne<span class=\"_ _0\"></span>g\u00f3c<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>do \u00e9<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>ha d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>uxo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>aix<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>tuais<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ved<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>m n<span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>del<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>\u00f3ci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> flu<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tuai<span class=\"_ _0\"></span>s<span class=\"ff7\">.</span> Me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al Ao <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span><span class=\"ff7\">.<span class=\"ff1\"> </span></span>Me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e Ao <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tiz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>zido<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>arid<span class=\"_ _0\"></span>ade.<span class=\"_ _0\"></span> Imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Cl<span class=\"_ _0\"></span>ien<span class=\"_ _0\"></span>tes As <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>mpli<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o na<span class=\"_ _0\"></span> IFR<span class=\"_ _0\"></span>S 9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>espe<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> \u00e0<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>as te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a ex<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>i\u00ean<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> his<span class=\"_ _0\"></span>t\u00f3r<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ao l<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>go d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do es<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>isti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>cter<span class=\"_ _0\"></span>\u00edst<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pec<span class=\"_ _0\"></span>\u00edfi<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>to sub<span class=\"_ _0\"></span>ja<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 8<span class=\"_ _0\"></span>.1.4<span class=\"_ _0\"></span>). Imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>es As <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cr\u00e9d<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>IFRS<span class=\"_ _0\"></span> 9<span class=\"_ _0\"></span>. 4.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>ar </span></span>Valores em Euros<span class=\"_ _1\"></span> 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>21<span class=\"ls0\"> </span>Fornecedores 1<span class=\"ff26\">07.305.035</span><span class=\"ws17\"> </span>66.880.317 Contas a pagar -<span class=\"_ _1\"></span> empresas relac<span class=\"_ _1\"></span>ionadas (Nota 10.2)<span class=\"_ _1\"></span> 874.390.872 1.021.874.914 Estado 3.976.192 5.388.180 Consolida\u00e7\u00e3o f<span class=\"_ _1\"></span>iscal (Semapa)<span class=\"_ _1\"></span> - 6.447.546 Outros credores<span class=\"_ _1\"></span> 258.905 211.344 Instrumentos finance<span class=\"_ _1\"></span>iros derivado<span class=\"_ _1\"></span>s (Nota 8.2)<span class=\"_ _1\"></span> 4.682.533 8.130.589 Acr\u00e9scimos de gast<span class=\"_ _1\"></span>os com o pesso<span class=\"_ _1\"></span>al 15.204.544 9.274.445 Acr\u00e9scimos de gast<span class=\"_ _1\"></span>os - juros a <span class=\"_ _1\"></span>pagar 4.032.371 6.711.797 Acr\u00e9scimos de gast<span class=\"_ _1\"></span>os - log\u00edst<span class=\"_ _1\"></span>ica e com<span class=\"_ _1\"></span>iss\u00f5es de venda<span class=\"_ _1\"></span> 18.203.760 12.473.917 Acr\u00e9scimos de gast<span class=\"_ _1\"></span>os - empresa<span class=\"_ _1\"></span>s relacionadas (<span class=\"_ _1\"></span>Nota 10.2)<span class=\"_ _1\"></span> 18.906.986 1.482.570 Outros acr\u00e9sci<span class=\"_ _1\"></span>mos de gastos<span class=\"_ _1\"></span> 1.918.689 220.101 Rendimentos d<span class=\"_ _1\"></span>iferidos - sub<span class=\"_ _1\"></span>s\u00eddios \u00e0 explora\u00e7\u00e3o<span class=\"_ _1\"></span> (Nota 2.2)<span class=\"_ _1\"></span> 7.539 33.714 1.0<span class=\"ff27\">48.887.425</span><span class=\"ws11\"> </span>1.139.129.433 O a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> o p<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>al de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>om d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ho d<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>mit<span class=\"_ _0\"></span>iu <span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> mai<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>\u00e9sc<span class=\"_ _0\"></span>imo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> gr<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>fica<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>r\u00e9m<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> de pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utivi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> cri<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xerc<span class=\"_ _0\"></span>\u00edc<span class=\"_ _0\"></span>io, <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>arto<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>e. Estado Valores em Euros<span class=\"_ _1\"></span> 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>21<span class=\"ls0\"> </span>Reten\u00e7\u00f5es de Impost<span class=\"_ _1\"></span>o sobre o Re<span class=\"_ _1\"></span>ndimento (IRS)<span class=\"_ _1\"></span> 832.566 845.665 Imposto sobre o<span class=\"_ _1\"></span> Valor Acrescenta<span class=\"_ _1\"></span>do 2.757.958 4.117.647 Contribui\u00e7\u00f5es para<span class=\"_ _1\"></span> a Seguran\u00e7a S<span class=\"_ _1\"></span>ocial<span class=\"_ _1\"></span> 385.557 424.757 Outros 111 110 3.976.192 5.388.180 Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> exi<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>d\u00edvi<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ua\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>mor<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>com o<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>do.<span class=\"_ _0\"></span> Pol\u00edticas Contabil\u00edsticas Os <span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>For<span class=\"_ _0\"></span>nec<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> out<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o i<span class=\"_ _0\"></span>nic<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os a<span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>seq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>u c<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tiz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>. 5.<span class=\"_ _49\"> </span><span class=\"ls0\">E<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rutu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Cap<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span>l</span>5.1.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Gest<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l </span></span>Pol\u00edtica<span class=\"_ _0\"></span> de gest\u00e3o de <span class=\"_ _0\"></span>capital Para efe<span class=\"_ _0\"></span>itos de g<span class=\"_ _0\"></span>est\u00e3o de cap<span class=\"_ _0\"></span>ital, a Empresa d<span class=\"_ _0\"></span>efine cap<span class=\"_ _0\"></span>ital com<span class=\"_ _0\"></span>o incluindo<span class=\"_ _0\"></span> os cap<span class=\"_ _0\"></span>itais pr\u00f3pr<span class=\"_ _0\"></span>ios e a d\u00edvida l\u00edq<span class=\"_ _0\"></span>uida. Os objet<span class=\"_ _0\"></span>ivos da Emp<span class=\"_ _0\"></span>resa em r<span class=\"_ _0\"></span>ela\u00e7\u00e3o \u00e0 g<span class=\"_ _0\"></span>est\u00e3o d<span class=\"_ _0\"></span>e capital, s<span class=\"_ _0\"></span>\u00e3o: i.<span class=\"_\"> </span>Salvaguar<span class=\"_ _0\"></span>dar a c<span class=\"_ _0\"></span>apacidade da<span class=\"_ _0\"></span> Empresa d<span class=\"_ _0\"></span>e cont<span class=\"_ _0\"></span>inuar em at<span class=\"_ _0\"></span>ividade e <span class=\"_ _0\"></span>assim propor<span class=\"_ _0\"></span>cionar r<span class=\"_ _0\"></span>etornos pa<span class=\"_ _0\"></span>ra os A<span class=\"_ _0\"></span>cionistas ebenef\u00edcios p<span class=\"_ _0\"></span>ara os r<span class=\"_ _0\"></span>estantes <span class=\"ff7\">Sta<span class=\"_ _0\"></span>keholders<span class=\"_ _0\"></span><span class=\"ff1 ls6b\">;</span></span>ii.<span class=\"_\"> </span>Manter um<span class=\"_ _0\"></span>a estru<span class=\"_ _0\"></span>tura de c<span class=\"_ _0\"></span>apital s\u00f3lida par<span class=\"_ _0\"></span>a apoiar o d<span class=\"_ _0\"></span>esenvolv<span class=\"_ _0\"></span>imento do s<span class=\"_ _0\"></span>eu neg\u00f3c<span class=\"_ _0\"></span>io; eiii.<span class=\"_\"> </span>Manter um<span class=\"_ _0\"></span>a estrut<span class=\"_ _0\"></span>ura de cap<span class=\"_ _0\"></span>ital \u00f3tima qu<span class=\"_ _0\"></span>e lhe p<span class=\"_ _0\"></span>ermita red<span class=\"_ _0\"></span>uzir o custo d<span class=\"_ _0\"></span>o cap<span class=\"_ _0\"></span>ital.De forma a m<span class=\"_ _0\"></span>anter o<span class=\"_ _0\"></span>u ajustar <span class=\"_ _0\"></span>a estrutur<span class=\"_ _0\"></span>a de cap<span class=\"_ _0\"></span>ital, a Empr<span class=\"_ _0\"></span>esa pod<span class=\"_ _0\"></span>e ajustar o m<span class=\"_ _0\"></span>ontant<span class=\"_ _0\"></span>e de div<span class=\"_ _0\"></span>idendos a p<span class=\"_ _0\"></span>agar aos Ac<span class=\"_ _0\"></span>ionistas<span class=\"_ _0\"></span>, devolver c<span class=\"_ _0\"></span>apital aos <span class=\"_ _0\"></span>Acionistas, <span class=\"_ _0\"></span>emitir nova<span class=\"_ _0\"></span>s a\u00e7\u00f5es o<span class=\"_ _0\"></span>u vend<span class=\"_ _0\"></span>er ativos par<span class=\"_ _0\"></span>a reduzir <span class=\"_ _0\"></span>a d\u00edvida. Em linha com<span class=\"_ _0\"></span> o seto<span class=\"_ _0\"></span>r, a Empre<span class=\"_ _0\"></span>sa mon<span class=\"_ _0\"></span>itoriza o s<span class=\"_ _0\"></span>eu capita<span class=\"_ _0\"></span>l com base no <span class=\"_ _0\"></span>r\u00e1cio de <span class=\"ff7\">gearing<span class=\"_ _0\"></span><span class=\"ff1\">, defin<span class=\"_ _0\"></span>ido como a p<span class=\"_ _0\"></span>ropor\u00e7\u00e3o <span class=\"_ _0\"></span>entre a <span class=\"_ _0\"></span>d\u00edvida </span></span>l\u00edquida e o <span class=\"_ _0\"></span>capital tota<span class=\"_ _0\"></span>l. A d\u00edvida l\u00edqu<span class=\"_ _0\"></span>ida remun<span class=\"_ _0\"></span>erada \u00e9 <span class=\"_ _0\"></span>calculada c<span class=\"_ _0\"></span>omo o mo<span class=\"_ _0\"></span>ntante t<span class=\"_ _0\"></span>otal de empr<span class=\"_ _0\"></span>\u00e9stimos <span class=\"_ _0\"></span>(incluindo <span class=\"_ _0\"></span>as parcelas co<span class=\"_ _0\"></span>rrente<span class=\"_ _0\"></span>s e n\u00e3o cor<span class=\"_ _0\"></span>rentes como divu<span class=\"_ _0\"></span>lgado na fa<span class=\"_ _0\"></span>ce do ba<span class=\"_ _0\"></span>lan\u00e7o) ded<span class=\"_ _0\"></span>uzido dos mon<span class=\"_ _0\"></span>tantes de c<span class=\"_ _0\"></span>aixa e <span class=\"_ _0\"></span>equivalent<span class=\"_ _0\"></span>es de caixa.<span class=\"_ _0\"></span> O capital tot<span class=\"_ _0\"></span>al \u00e9 calcu<span class=\"_ _0\"></span>lado atrav<span class=\"_ _0\"></span>\u00e9s da soma do<span class=\"_ _0\"></span>s capita<span class=\"_ _0\"></span>is pr\u00f3prios (<span class=\"_ _0\"></span>como d<span class=\"_ _0\"></span>ivulgado na <span class=\"_ _0\"></span>Demonst<span class=\"_ _0\"></span>ra\u00e7\u00e3o d<span class=\"_ _0\"></span>a posi\u00e7\u00e3o f<span class=\"_ _0\"></span>inanceira), <span class=\"_ _0\"></span>excluind<span class=\"_ _0\"></span>o a\u00e7\u00f5es pr\u00f3p<span class=\"_ _0\"></span>rias e <span class=\"_ _0\"></span>interesses que n\u00e3o contro<span class=\"_ _0\"></span>lam, acre<span class=\"_ _0\"></span>scidos da d<span class=\"_ _0\"></span>\u00edvida l\u00edquida rem<span class=\"_ _0\"></span>unerada<span class=\"_ _0\"></span>. A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa c<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>cula<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>r\u00e1<span class=\"_ _0\"></span>cio <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span><span class=\"ff7\">ge<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span><span class=\"ff1\"> da<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a: </span></span>Valores em Euros<span class=\"_ _1\"></span> 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>21<span class=\"ls0\"> </span>Financiamentos<span class=\"_ _1\"></span> obtidos (Nota 5.6<span class=\"_ _1\"></span>) 985.446.453 933.165.634 Caixa e equiva<span class=\"_ _1\"></span>lentes de caixa (N<span class=\"_ _1\"></span>ota 5.8)<span class=\"_ _1\"></span> (390.640.161)<span class=\"_ _1\"></span> (354.336.647)<span class=\"_ _1\"></span> D\u00edvida l\u00edquid<span class=\"_ _1\"></span>a 594.806.292 578.828.987 Capitais pr\u00f3pr<span class=\"_ _1\"></span>ios 1.25<span class=\"ff28\">9.409.537</span> 1.044.827.184 A\u00e7\u00f5es pr\u00f3prias (N<span class=\"_ _1\"></span>ota 5.2) - - Capitais pr\u00f3prios, e<span class=\"_ _1\"></span>xcluindo a\u00e7<span class=\"_ _1\"></span>\u00f5es pr\u00f3prias<span class=\"_ _1\"></span> 1.25<span class=\"ff29\">9.409.537</span><span class=\"ws11\"> </span>1.044.827.184 Capital Total<span class=\"_ _1\"></span> 1.8<span class=\"ff29\">54.215.829</span><span class=\"ws11\"> </span>1.623.656.171 Gearing 32,<span class=\"ff29\">08</span>% 35,65% 5.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l s<span class=\"_ _3b\"></span>ocia<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pr\u00f3<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s </span></span>A T<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny,<span class=\"_ _0\"></span> S.A.<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Eu<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>next<span class=\"_ _0\"></span> Lis<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>a. Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>a T<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>viga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>any<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A.<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> \u20ac5<span class=\"_ _0\"></span>00.<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>0.00<span class=\"_ _0\"></span>0 <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"ff1\">-<span class=\"_ _0\"></span>se t<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>scr<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>liza<span class=\"_ _0\"></span>do,<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tado<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or </span>71<span class=\"_ _0\"></span>1.1<span class=\"_ _0\"></span>83<span class=\"_ _0\"></span>.069<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>sem <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nal <span class=\"_ _0\"></span>(3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1: <span class=\"_ _0\"></span>71<span class=\"_ _0\"></span>1.18<span class=\"_ _0\"></span>3.<span class=\"_ _0\"></span>069<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span>). Em <span class=\"_ _0\"></span>Ass<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ble<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> Ger<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>atad<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>11 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1, <span class=\"_ _0\"></span>foi<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>libe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>edu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>apit<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 50<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>000<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0 e<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a 49<span class=\"_ _0\"></span>5.<span class=\"_ _0\"></span>597<span class=\"_ _0\"></span>.9<span class=\"_ _0\"></span>57,4<span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span>eur<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 4<span class=\"_ _0\"></span>.402<span class=\"_ _0\"></span>.04<span class=\"_ _0\"></span>2,5<span class=\"_ _0\"></span>1 eu<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pec<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 6<span class=\"_ _0\"></span>.316<span class=\"_ _0\"></span>.9<span class=\"_ _0\"></span>31 a<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>pr\u00f3<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> nom<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>san<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Soc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>r 7<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>.18<span class=\"_ _0\"></span>3.<span class=\"_ _0\"></span>069<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s or<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>ias <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> cir<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>egu<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pit<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 4<span class=\"_ _0\"></span>95.5<span class=\"_ _0\"></span>97<span class=\"_ _0\"></span>.95<span class=\"_ _0\"></span>7,4<span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span>eur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>500<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0.0<span class=\"_ _0\"></span>00 <span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do o<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o au<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 4.<span class=\"_ _0\"></span>40<span class=\"_ _0\"></span>2.0<span class=\"_ _0\"></span>42,<span class=\"_ _0\"></span>51<span class=\"_ _0\"></span> eur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, se<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>\u00fame<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5es, <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> por<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rpo<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>vre<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>(ex<span class=\"_ _0\"></span>ced<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>va l<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>al)<span class=\"_ _0\"></span>. Detentores de capital da Navigator Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>tinh<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>alifi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Soci<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>etal<span class=\"_ _0\"></span>hav<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue:<span class=\"_ _0\"></span> 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>21<span class=\"ls0\"> </span>Denomina\u00e7\u00e3o<span class=\"_ _1\"></span> N\u00ba de a\u00e7\u00f5es<span class=\"_ _0\"></span> % N\u00ba de a\u00e7\u00f5es<span class=\"_ _0\"></span> % Semapa, SGPS, S<span class=\"_ _1\"></span>.A.  497.617.299 <span class=\"_ _1\"></span> 69<span class=\"ls0\">,</span>97<span class=\"ls0\">% </span>497.617.299 <span class=\"_ _1\"></span> 69<span class=\"ls0\">,</span>97<span class=\"ls0\">% </span>Capital disperso<span class=\"_ _1\"></span> 213.565.770 <span class=\"_ _1\"></span> 30,03% 213.565.770 <span class=\"_ _1\"></span> 30,03% 711.183.069 <span class=\"_ _1\"></span> 100,0% 711.183.069 <span class=\"_ _1\"></span> 100,0% A\u00e7\u00f5es pr\u00f3prias <span class=\"ffa\">\u2013</span> movimentos 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>21<span class=\"ls0\"> </span>Valor Valor contabil\u00edstico contabil\u00edstico N\u00ba de a\u00e7\u00f5es<span class=\"_ _0\"></span> (Euros) N\u00ba de a\u00e7\u00f5es<span class=\"_ _0\"></span> (Euros) A\u00e7\u00f5es pr\u00f3prias de<span class=\"_ _1\"></span>tidas no in\u00edc<span class=\"_ _1\"></span>io do per\u00edodo<span class=\"_ _1\"></span> -  -  6.316.931 <span class=\"_ _1\"></span> 20.189.264 <span class=\"_ _1\"></span> Extin\u00e7\u00e3o no per<span class=\"_ _1\"></span>\u00edodo -  -  (6.316.931) (20.189.264)<span class=\"_ _1\"></span> A\u00e7\u00f5es pr\u00f3prias <span class=\"_ _1\"></span>no final do <span class=\"_ _1\"></span>per\u00edodo<span class=\"_ _1\"></span> -  -  -  -  As <span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span>m m<span class=\"_ _0\"></span>aio<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tari<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>dqui<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> du<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>08<span class=\"_ _0\"></span> e 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>2, b<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 2018<span class=\"ls0\"> e<span class=\"_ _0\"></span> 201<span class=\"_ _0\"></span>9,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>olu<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>c\u00edci<span class=\"_ _0\"></span>o ev<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>como<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>egue<span class=\"_ _0\"></span>: </span>2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Valores em Euros<span class=\"_ _1\"></span> Quant. Valor Quant. Valor A\u00e7\u00f5es pr\u00f3prias de<span class=\"_ _1\"></span>tidas em jan<span class=\"_ _1\"></span>eiro<span class=\"_ _1\"></span> - - 6.316.931 20.189.264 Extin\u00e7\u00e3o Janeiro - - - - Fevereiro - - - - Mar\u00e7o - - - - Abril - - - - Maio - - (6.316.931) (20.189.264)<span class=\"_ _1\"></span> Junho - - - - Julho - - - - Agosto - - - - Setembro - - - - Outubro - - - - Novembro - - - - Dezembro - - - - - - (6.316.931)<span class=\"_ _1\"></span> (20.189.264)<span class=\"_ _1\"></span> A\u00e7\u00f5es pr\u00f3prias de<span class=\"_ _1\"></span>tidas em dez<span class=\"_ _1\"></span>embro - - - - A 3<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"ws1c\">d<span class=\"_ _0\"></span><span class=\"ws0\">e 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span>, <span class=\"ws1d\">o <span class=\"_ _0\"></span><span class=\"ws0\">val<span class=\"_ _0\"></span>or <span class=\"_ _3b\"></span><span class=\"ff9\">unit\u00e1ri<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _3b\"></span>era <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span><span class=\"ws1e\">\u20ac<span class=\"ws0\">3<span class=\"_ _0\"></span>,45<span class=\"_ _0\"></span>4 <span class=\"ws1f\">(<span class=\"_ _0\"></span><span class=\"ws0\">31 <span class=\"_ _3b\"></span>de de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o de </span></span></span></span></span></span></span></span></span>2021: <span class=\"_ _0\"></span>\u20ac3,35) <span class=\"ws20\">e <span class=\"_ _0\"></span><span class=\"ws0\">a capitaliza\u00e7\u00e3o <span class=\"_ _0\"></span>bolsista da <span class=\"_ _0\"></span>Empresa <span class=\"_ _0\"></span>a esta <span class=\"_ _0\"></span>data de <span class=\"_ _3b\"></span>\u20ac2.456.426.320 (31 <span class=\"_ _0\"></span>de </span></span>dezembro <span class=\"ws1c\">de <span class=\"_ _0\"></span><span class=\"ws0\">2020: <span class=\"ws20\">\u20ac2.382.463.281), <span class=\"ws1d\">face <span class=\"_ _0\"></span><span class=\"ws0\">a um <span class=\"_ _3b\"></span>capital <span class=\"ws21\">pr\u00f3prio <span class=\"ws1c\">de </span></span>\u20ac1.25<span class=\"ff2a\">9.409.537</span><span class=\"ws1f\"> (31 </span>de </span></span></span></span></span>dezembro <span class=\"ws1c\">de <span class=\"_ _0\"></span><span class=\"ws0\">2021: <span class=\"ws20\">\u20ac1.044.82</span><span class=\"ff1\">7.184<span class=\"ff7 lsd\">).</span><span class=\"ws22\"> </span></span></span></span>Pol\u00edticas Contabil\u00edsticas As <span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _3b\"></span>ordin<span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>ias <span class=\"_ _0\"></span>s\u00e3<span class=\"_ _0\"></span>o cl<span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span><span class=\"ws1c\">c<span class=\"ws0\">ap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>omo <span class=\"_ _3b\"></span>capi<span class=\"_ _0\"></span>tal <span class=\"_ _0\"></span><span class=\"ws21\">s<span class=\"ws0\">oc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>. </span></span></span></span>Os <span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u\u00edvei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00e0 e<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00e3o <span class=\"_ _3b\"></span>de no<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>tros <span class=\"_ _3b\"></span>instr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>s\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>uma <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, <span class=\"ws1d\">l<span class=\"_ _0\"></span><span class=\"ws0\">\u00edqu<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span><span class=\"ws23\">d<span class=\"ws0\">e <span class=\"_ _0\"></span><span class=\"ws1e\">i<span class=\"ws0\">m<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r <span class=\"ws1e\">r<span class=\"_ _0\"></span><span class=\"ws0\">ece<span class=\"_ _0\"></span>bid<span class=\"_ _0\"></span>o <span class=\"ws1c\">r</span>e<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lta<span class=\"_ _0\"></span>nte </span></span></span></span></span></span></span></span>de<span class=\"_ _0\"></span>sta <span class=\"_ _3b\"></span>emiss<span class=\"_ _0\"></span>\u00e3o. <span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"ws21\">i<span class=\"_ _0\"></span><span class=\"ws0\">mp<span class=\"_ _0\"></span>ut\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00e0 e<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00e3o <span class=\"_ _3b\"></span>de no<span class=\"_ _0\"></span>vas <span class=\"_ _3b\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>op\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _3b\"></span>para <span class=\"_ _0\"></span>a aq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>um </span></span>ne<span class=\"_ _0\"></span>g\u00f3c<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>s\u00e3o <span class=\"_ _3b\"></span>deduz<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>valor <span class=\"_ _3b\"></span>da e<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span>. Qua<span class=\"_ _0\"></span>ndo <span class=\"_ _3b\"></span>tais <span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>seq<span class=\"_ _0\"></span>uen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ndid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ou <span class=\"_ _3b\"></span>reemi<span class=\"_ _0\"></span>tida<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>alqu<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>cebi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, l\u00edq<span class=\"_ _0\"></span>uido <span class=\"_ _3b\"></span>dos <span class=\"ws24\">g<span class=\"_ _0\"></span><span class=\"ws0\">as<span class=\"_ _0\"></span>tos <span class=\"_ _3b\"></span>de <span class=\"ws1e\">t</span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dir<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte <span class=\"_ _3b\"></span>atrib<span class=\"_ _0\"></span>u\u00edv<span class=\"_ _0\"></span>eis <span class=\"_ _0\"></span><span class=\"ws24\">e <span class=\"ws21\">d<span class=\"ws0\">e <span class=\"_ _3b\"></span>impos<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s, <span class=\"ws1d\">\u00e9 <span class=\"_ _0\"></span><span class=\"ws0\">re<span class=\"_ _0\"></span>flet<span class=\"_ _0\"></span>ido <span class=\"_ _3b\"></span>dire<span class=\"_ _0\"></span>tame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e </span></span></span></span></span></span></span>no <span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>pit<span class=\"_ _0\"></span>al <span class=\"ws21\">p<span class=\"_ _0\"></span><span class=\"ws0\">r\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>o e <span class=\"_ _3b\"></span>n\u00e3o <span class=\"ws1c\">e<span class=\"_ _0\"></span><span class=\"ws0\">m r<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"ws24\">d<span class=\"_ _0\"></span><span class=\"ws0\">o e<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>rc\u00edci<span class=\"_ _0\"></span>o. </span></span></span></span></span></span>5.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Resu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> a\u00e7\u00e3<span class=\"_ _0\"></span>o </span></span>2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Resultado atrib<span class=\"_ _1\"></span>u\u00edvel aos Acio<span class=\"_ _1\"></span>nistas da<span class=\"_ _1\"></span> Navigator (Euro<span class=\"_ _1\"></span>s) 392.537.070 171.411.455 N\u00famero total de a<span class=\"_ _1\"></span>\u00e7\u00f5es emitidas <span class=\"_ _1\"></span> 711.183.069 711.183.069 N\u00famero m\u00e9dio de a<span class=\"_ _1\"></span>\u00e7\u00f5es pr\u00f3pr<span class=\"_ _1\"></span>ias em carteira - - N\u00famero m\u00e9dio p<span class=\"_ _1\"></span>onderado de<span class=\"_ _1\"></span> a\u00e7\u00f5es 711.183.069 711.183.069 Resultado b\u00e1sico por a<span class=\"_ _1\"></span>\u00e7\u00e3o (E<span class=\"_ _1\"></span>uros) 0,552 0,241 Resultado dilu\u00eddo p<span class=\"_ _1\"></span>or a\u00e7\u00e3o (Eu<span class=\"_ _1\"></span>ros) 0,552 0,241 Pol\u00edticas Contabil\u00edsticas O r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>\u00e1sic<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>\u00e9 a<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>div<span class=\"_ _0\"></span>is\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> lu<span class=\"_ _0\"></span>cro<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>prej<span class=\"_ _0\"></span>u\u00edz<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> aos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>\u00e1rio<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>n\u00fam<span class=\"_ _0\"></span>ero<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>onde<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n\u00e1ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>cir<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>duran<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>o. Par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>alc<span class=\"_ _0\"></span>ular<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dil<span class=\"_ _0\"></span>u\u00eddo<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a aj<span class=\"_ _3b\"></span>usta <span class=\"_ _0\"></span>os l<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> ou pr<span class=\"_ _0\"></span>eju<span class=\"_ _0\"></span>\u00edzo<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bu\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>det<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ordi<span class=\"_ _0\"></span>n\u00e1<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l pr<span class=\"_ _0\"></span>\u00f3p<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>, be<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span> n\u00fa<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ro m<span class=\"_ _0\"></span>\u00e9d<span class=\"_ _0\"></span>io po<span class=\"_ _0\"></span>nder<span class=\"_ _3b\"></span>ado d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> cir<span class=\"_ _0\"></span>cul<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>fei<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>oda<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>enc<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ordi<span class=\"_ _0\"></span>n\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> dil<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>as. 5.4.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Divi<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s </span></span>Montante Dividendos Valores em Euros<span class=\"_ _1\"></span> atribu\u00eddo por a\u00e7\u00e3o Atribui\u00e7\u00f5es em <span class=\"_ _1\"></span>2022 Distribui\u00e7\u00e3o de re<span class=\"_ _1\"></span>sultados trans<span class=\"_ _1\"></span>itados 131.632.875 0,185 Distribui\u00e7\u00e3o de re<span class=\"_ _1\"></span>servas <span class=\"_ _1\"></span> 118.355.086 0,166 Atribui\u00e7\u00f5es em <span class=\"_ _1\"></span>2021 Distribui\u00e7\u00e3o de re<span class=\"_ _1\"></span>sultados trans<span class=\"_ _1\"></span>itados 99.565.630 0,140 Distribui\u00e7\u00e3o de <span class=\"_ _1\"></span>dividendos antec<span class=\"_ _1\"></span>ipados 49.996.170 0,070 Em <span class=\"_ _0\"></span>Ass<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ble<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> Ger<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>27<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>The <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Comp<span class=\"_ _0\"></span>any<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r \u00e0<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ibui<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac9<span class=\"_ _0\"></span>9.<span class=\"_ _0\"></span>992<span class=\"_ _0\"></span>.34<span class=\"_ _0\"></span>0.<span class=\"ff1\"> </span>Em <span class=\"_ _0\"></span>Ass<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ble<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> Ger<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 21<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2, <span class=\"_ _0\"></span>a T<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Comp<span class=\"_ _0\"></span>any<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A.<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r \u00e0<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ibui<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>glo<span class=\"_ _0\"></span>bal<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>\u20ac1<span class=\"_ _0\"></span>49.<span class=\"_ _0\"></span>995<span class=\"_ _0\"></span>.6<span class=\"_ _0\"></span>21,<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s \u20ac1<span class=\"_ _0\"></span>18.<span class=\"_ _0\"></span>35<span class=\"_ _0\"></span>5.08<span class=\"_ _0\"></span>6 <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s da<span class=\"_ _0\"></span> ru<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> O<span class=\"_ _0\"></span>utra<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>vas <span class=\"_ _0\"></span>e \u20ac<span class=\"_ _0\"></span>31<span class=\"_ _0\"></span>.64<span class=\"_ _0\"></span>0.5<span class=\"_ _0\"></span>35<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>scri<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ubri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span><span class=\"ff1\"> </span>de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>itad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>. Em <span class=\"_ _0\"></span>Ass<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ble<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> Ger<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>13<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>The <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Comp<span class=\"_ _0\"></span>any<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r \u00e0<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ibui<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac9<span class=\"_ _0\"></span>9.<span class=\"_ _0\"></span>565<span class=\"_ _0\"></span>.63<span class=\"_ _0\"></span>0.No<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>16 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>1 o<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>elh<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> A<span class=\"_ _0\"></span>dmi<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>pany<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A.<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>libe<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>r u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>adia<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s l<span class=\"_ _0\"></span>ucro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> Ac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nist<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>49<span class=\"_ _0\"></span>.996<span class=\"_ _0\"></span>.1<span class=\"_ _0\"></span>70 eu<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>equ<span class=\"_ _0\"></span>ival<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>il\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>0,0<span class=\"_ _0\"></span>703<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>uros<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>. Pol\u00edticas Contabil\u00edsticas A d<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> aos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> rec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>vo n<span class=\"_ _0\"></span>as Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>divi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>Acio<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>s em<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>mble<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>Ge<span class=\"_ _0\"></span>ral <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ua l<span class=\"_ _0\"></span>iqu<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>u, <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>ndo-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>pad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>uand<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>elho<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> A<span class=\"_ _0\"></span>dmi<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>. 5.5.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Rese<span class=\"_ _0\"></span>rva<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e Re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sita<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s </span></span>Valores em Euros<span class=\"_ _1\"></span> 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>21<span class=\"ls0\"> </span>Reservas por apli<span class=\"_ _1\"></span>ca\u00e7\u00e3o do MEP (405.228.340)<span class=\"_ _1\"></span> (437.672.593)<span class=\"_ _1\"></span> Reserva de justo va<span class=\"_ _1\"></span>lor  33.997.828 (5.604.076) Reserva lega<span class=\"_ _1\"></span>l  100.000.000 100.000.000 Reservas livres <span class=\"_ _1\"></span> 3.481.014 121.836.100 Outras reservas <span class=\"_ _1\"></span> (2.377.265) (2.377.265) Resultados tran<span class=\"_ _1\"></span>sitados  63<span class=\"ff2b\">6.999.230</span><span class=\"ws17\"> </span>647.229.733 Reservas e resultado<span class=\"_ _1\"></span>s transita<span class=\"_ _1\"></span>dos 36<span class=\"ff2c\">6.872.467</span><span class=\"ws11\"> </span>423.411.899 Reserva por aplica\u00e7\u00e3o do MEP <span class=\"ffa\">\u2013</span> Detalhe Denomina\u00e7\u00e3o Soc<span class=\"_ _1\"></span>ial 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>21<span class=\"ls0\"> </span>Empresas sub<span class=\"_ _1\"></span>sidi\u00e1rias <span class=\"_ _1\"></span> Navigator Internac<span class=\"_ _1\"></span>ional Holdin<span class=\"_ _1\"></span>g SGPS, S.A. -(4.027.714)Sociedade de V<span class=\"_ _1\"></span>inhos  (352) - Navigator Brands,<span class=\"_ _1\"></span> S.A.  (493.026.037)<span class=\"_ _1\"></span> (496.755.521)<span class=\"_ _1\"></span> Navigator Pulp A<span class=\"_ _1\"></span>veiro, S.A.  <span class=\"_ _1\"></span> (7.936.300) (7.936.300) Enerpulp, S.A. <span class=\"_ _1\"></span> 154.000 154.000 Navigator Parques <span class=\"_ _1\"></span>Industriais, S.A<span class=\"_ _1\"></span>. <span class=\"_ _1\"></span> (1.499.368) (1.499.368) Portucel Mo\u00e7amb<span class=\"_ _1\"></span>ique, S.A. <span class=\"_ _1\"></span> 24.336.582 (139.396) Navigator Pulp Set\u00faba<span class=\"_ _1\"></span>l, S.A.  <span class=\"_ _1\"></span> 154.000 154.000 Navigator Pulp F<span class=\"_ _1\"></span>igueira, S.A.  <span class=\"_ _1\"></span> 615.945 615.945 Navigator Forest Portu<span class=\"_ _1\"></span>gal, S.A. <span class=\"_ _1\"></span> (735.406) (572.996) Navigator Paper Set\u00fa<span class=\"_ _1\"></span>bal, S.A.  <span class=\"_ _1\"></span> (11.396.307) (9.956.752) Navigtor Tissue A<span class=\"_ _1\"></span>veiro, S.A.  <span class=\"_ _1\"></span> 2.117.121 2.117.121 Navigator Paper <span class=\"_ _1\"></span>Figueira, S.A. <span class=\"_ _1\"></span> 79.783.696 79.783.696 RAIZ - Inst.In<span class=\"_ _1\"></span>vestiga\u00e7\u00e3o Floresta<span class=\"_ _1\"></span> e Papel <span class=\"_ _1\"></span> 666.739 398.250 Emprem\u00e9dia <span class=\"_ _1\"></span> 234.017 249.752 Empremedia DAC <span class=\"_ _1\"></span> 1.325.871 (246.192) Navigator Paper Me<span class=\"_ _1\"></span>xico  (22.522) (11.080) Navigator Egypt <span class=\"_ _1\"></span> (19) (40) Subsidi\u00e1rias (405.228.340)<span class=\"_ _1\"></span> (437.672.593)<span class=\"_ _1\"></span> Reserva de justo valor <span class=\"ffa\">\u2013</span> Detalhe  31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>21<span class=\"ls0\"> </span>Valores em Euros<span class=\"_ _1\"></span> Valor bruto<span class=\"_ _0\"></span> Imposto Valor l\u00edquido<span class=\"_ _0\"></span> Valor bruto<span class=\"_ _0\"></span> Imposto Valor l\u00edquido Cobertura risco ta<span class=\"_ _1\"></span>xa de juro<span class=\"_ _1\"></span> 30.899.904 <span class=\"_ _1\"></span> (8.497.474) 22.402.430 <span class=\"_ _1\"></span> (2.231.713)<span class=\"_ _1\"></span> 613.722  (1.617.992) Cobertura risco cam<span class=\"_ _1\"></span>bial<span class=\"_ _1\"></span> 15.993.652 <span class=\"_ _1\"></span> (4.398.254) 11.595.398 <span class=\"_ _1\"></span> (5.498.048)<span class=\"_ _1\"></span> 1.511.963 <span class=\"_ _1\"></span> (3.986.085) 46.893.556 <span class=\"_ _1\"></span> (12.895.728)<span class=\"_ _1\"></span> 33.997.828 <span class=\"_ _1\"></span> (7.729.761)<span class=\"_ _1\"></span> 2.125.685  (5.604.076)<span class=\"_ _1\"></span> Reserva de justo valor <span class=\"ffa\">\u2013</span> Movimentos Valores em Euros<span class=\"_ _1\"></span> 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>21<span class=\"ls0\"> </span>Saldo inicial <span class=\"_ _1\"></span> (5.604.076)<span class=\"_ _1\"></span> (6.641.368)<span class=\"_ _1\"></span> Varia\u00e7\u00e3o do justo<span class=\"_ _1\"></span> valor de instru<span class=\"_ _1\"></span>mentos finance<span class=\"_ _1\"></span>iros derivados (Not<span class=\"_ _1\"></span>a 8.2) <span class=\"_ _1\"></span> 54.623.316 <span class=\"_ _1\"></span> 1.430.747 <span class=\"_ _1\"></span> Imposto difer<span class=\"_ _1\"></span>ido (Nota 6.2) <span class=\"_ _1\"></span> (15.021.412) (393.455) Saldo final  33.997.828 <span class=\"_ _1\"></span> (5.604.076)<span class=\"_ _1\"></span> O <span class=\"ls0\">mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>do c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> Va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ncei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> </span>no <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e \u20ac<span class=\"_ _0\"></span>54<span class=\"_ _0\"></span>,6 <span class=\"_ _0\"></span>milh<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>ui:<span class=\"_ _0\"></span> a)<span class=\"_ _0\"></span> Tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cias<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no mo<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e  \u20ac<span class=\"_ _0\"></span>29<span class=\"_ _0\"></span>,3<span class=\"_ _0\"></span> mil<span class=\"_ _0\"></span>h\u00f5e<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s; b<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>Vari<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> jus<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>n<span class=\"ff1\">t<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>finan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os </span>de<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cobe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u20ac83,<span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span>mil<span class=\"_ _0\"></span>h\u00f5e<span class=\"_ _0\"></span>s.<span class=\"ff1\"> </span>Pol\u00edticas Contabil\u00edsticas Re<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> apli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> MEP<span class=\"_ _0\"></span> Cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>e \u00e0<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>aria<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>umu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>subs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>da Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> cuj<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>inve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o \u00e9 m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> m\u00e9<span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>al\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>Nota<span class=\"_ _0\"></span> 10<span class=\"_ _0\"></span>.1<span class=\"_ _0\"></span>). De <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> le<span class=\"_ _0\"></span>gisl<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stas<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>\u00e3o s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edv<span class=\"_ _0\"></span>eis. Re<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> Cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>e \u00e0<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>aria<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>umu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>do j<span class=\"_ _3b\"></span>usto <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>ertu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> (N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 8<span class=\"_ _0\"></span>.2)<span class=\"_ _0\"></span>, l\u00ed<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s. As <span class=\"_ _0\"></span>var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>ecl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>sult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>o (<span class=\"_ _0\"></span>Not<span class=\"_ _0\"></span>a 5.1<span class=\"_ _0\"></span>0)<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> afe<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> rub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o \u00e9 <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>cicl<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>. Re<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>leg<span class=\"_ _0\"></span>al A l<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sl<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>abe<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ce q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>pelo<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s, 5<span class=\"_ _0\"></span>% <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o l<span class=\"_ _0\"></span>\u00edq<span class=\"_ _0\"></span>uido<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>nual<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>do a<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>r\u00e7<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>eser<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span> le<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>20%<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o ca<span class=\"_ _0\"></span>pit<span class=\"_ _0\"></span>al soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l. <span class=\"_ _0\"></span>Es<span class=\"_ _0\"></span>ta r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>erv<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>\u00e9 d<span class=\"_ _0\"></span>istr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>quid<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Soc<span class=\"_ _0\"></span>ied<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e. <span class=\"_ _0\"></span>Pod<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00e1, con<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>do,<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>abso<span class=\"_ _0\"></span>rv<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ju\u00ed<span class=\"_ _0\"></span>zos<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>ois <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s, o<span class=\"_ _0\"></span>u in<span class=\"_ _0\"></span>corp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>. A r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>va l<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tra-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>itu\u00ed<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> seu<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>mit<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>m\u00e1xi<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>ntad<span class=\"_ _0\"></span>os.<span class=\"_ _0\"></span> Out<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>erv<span class=\"_ _0\"></span>as Est<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>itu\u00ed<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>r\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>nter<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>outr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>vim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>. N<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>trib<span class=\"_ _0\"></span>u\u00edve<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>o val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 5.<span class=\"_ _0\"></span>2),<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>o ca<span class=\"_ _0\"></span>so.<span class=\"_ _0\"></span> 5.6.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>bt<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s </span></span>31/12/22 31/12/21 N\u00e3o N\u00e3o Valores em Euros<span class=\"_ _1\"></span> Corrente Corrente Total Corrente Corrente Total Empr\u00e9stimos por <span class=\"_ _1\"></span>obriga\u00e7\u00f5es<span class=\"_ _1\"></span> 420<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>22<span class=\"ls0\">.</span>500<span class=\"ls0\">.000  </span>442<span class=\"ls0\">.</span>500<span class=\"ls0\">.000  </span>442<span class=\"ls0\">.</span>500<span class=\"ls0\">.000  </span>2.<span class=\"ls24\">500</span>.<span class=\"ls24\">000</span> 445<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>Papel Comerc<span class=\"_ _1\"></span>ial 105<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>35<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>140<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>140<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>100<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>240<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>Empr\u00e9stimos ban<span class=\"_ _1\"></span>c\u00e1rios<span class=\"_ _1\"></span> 91<span class=\"ls0\">.</span>511<span class=\"ls0\">.905  </span>17<span class=\"ls0\">.</span>575<span class=\"ls0\">.396  </span>109<span class=\"ls0\">.</span>087<span class=\"ls0\">.301  </span>109<span class=\"ls0\">.</span>087<span class=\"ls0\">.301  </span>12<span class=\"ls0\">.</span>718<span class=\"ls0\">.254  </span>121<span class=\"ls0\">.</span>805<span class=\"ls0\">.555  </span>Encargos com emi<span class=\"_ _1\"></span>ss\u00e3o de obriga\u00e7<span class=\"_ _1\"></span>\u00f5es<span class=\"_ _1\"></span> (3<span class=\"ls0\">.<span class=\"ls24\">480</span>.083)<span class=\"_ _1\"></span> </span>-  (3<span class=\"ls0\">.<span class=\"ls24\">480</span>.083)<span class=\"_ _1\"></span> </span>(3<span class=\"ls0\">.<span class=\"ls24\">415</span>.421)<span class=\"_ _1\"></span> </span>-  (3<span class=\"ls0\">.<span class=\"ls24\">415</span>.421)<span class=\"_ _1\"></span> </span>Cash pooling Gru<span class=\"_ _1\"></span>po Navigator<span class=\"_ _1\"></span> -  297<span class=\"ls0\">.</span>339<span class=\"ls0\">.235  </span>297<span class=\"ls0\">.</span>339<span class=\"ls0\">.235  </span>-  129<span class=\"ls0\">.</span>775<span class=\"ls0\">.499  </span>129<span class=\"ls0\">.</span>775<span class=\"ls0\">.499  </span>T\u00edtulos de d\u00edvid<span class=\"_ _1\"></span>a e d\u00edvid<span class=\"_ _1\"></span>a banc\u00e1ria<span class=\"_ _1\"></span> 613<span class=\"ls0\">.031.8<span class=\"_ _1\"></span>22  </span>372<span class=\"ls0\">.414.6<span class=\"_ _1\"></span>31  </span>985<span class=\"ls0\">.446.4<span class=\"_ _1\"></span>53  </span>688<span class=\"ls0\">.171.8<span class=\"_ _1\"></span>81  </span>244<span class=\"ls0\">.993.7<span class=\"_ _1\"></span>53  </span>933<span class=\"ls0\">.165.6<span class=\"_ _1\"></span>33  </span>Taxa m\u00e9dia d<span class=\"_ _1\"></span>e juro, considerand<span class=\"_ _1\"></span>o encargos com co<span class=\"_ _1\"></span>miss\u00f5es an<span class=\"_ _1\"></span>uais e 1,5% 1,5% opera\u00e7\u00f5es de<span class=\"_ _1\"></span> cobertura<span class=\"_ _1\"></span> No<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 a <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tiu <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pr\u00e9<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>igac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u20ac1<span class=\"_ _0\"></span>50 mi<span class=\"_ _0\"></span>lh\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m m<span class=\"_ _0\"></span>atur<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 20<span class=\"_ _0\"></span>28<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Su<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>inab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ty-<span class=\"_ _0\"></span>Lin<span class=\"_ _0\"></span>ked<span class=\"_ _0\"></span> Bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s F<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>mewor<span class=\"_ _0\"></span>k,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o em<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>mul<span class=\"_ _0\"></span>t\u00e2n<span class=\"_ _0\"></span>eo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ols<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> ant<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>iame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>smo<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>v\u00e1<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>o at\u00e9<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3. Est<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>uiu <span class=\"_ _0\"></span>para<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ext<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>\u00edvi<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>, be<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a a re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nciam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa,<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>\u00e9m <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>di\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> aj<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ao cum<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>sos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>. As<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ondi<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>do e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>\u00e3o in<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>xad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>r\u00eas<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dica<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> ESG<span class=\"_ _0\"></span> j\u00e1<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sent<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Ag<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Sus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>, po<span class=\"_ _0\"></span>r u<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>vez<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>alin<span class=\"_ _0\"></span>had<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>os O<span class=\"_ _0\"></span>bj<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> D<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>lvi<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o S<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> Uni<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>. A <span class=\"_ _0\"></span>an\u00e1l<span class=\"_ _3b\"></span>ise d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>iam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00e9 a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>8.1<span class=\"_ _0\"></span>.3<span class=\"_ _0\"></span> - <span class=\"_ _0\"></span>Risc<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>. Financiamentos obtidos <span class=\"ffa\">\u2013</span> Detalhe 31/12/22 Montante N\u00e3o Valores em Euros<span class=\"_ _1\"></span> Montante em d\u00edvida<span class=\"_ _0\"></span> Vencimento<span class=\"_ _0\"></span> Taxa de juro Corrente Corrente Empr\u00e9stimos p<span class=\"_ _1\"></span>or obriga\u00e7\u00f5es<span class=\"_ _1\"></span> Navigator 2022-20<span class=\"_ _1\"></span>28 ESG 150.000.000 150.000.000 junho 2028 T<span class=\"_ _0\"></span>ax<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>v<span class=\"_ _3b\"></span>ari<span class=\"_ _3b\"></span>\u00e1v<span class=\"_ _3b\"></span>el<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ex<span class=\"_ _3b\"></span>ad<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _3b\"></span>Eu<span class=\"_ _3b\"></span>ri<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>, <span class=\"_ _3b\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap<span class=\"_ _3b\"></span> p<span class=\"_ _3b\"></span>ar<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span> t<span class=\"_ _3b\"></span>ax<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _3b\"></span>xa<span class=\"_ _0\"></span> -150.000.000Navigator 2019-20<span class=\"_ _1\"></span>26 50.000.000 50.000.000 janeiro 2026<span class=\"_ _1\"></span> Taxa Fixa -50.000.000Navigator 2019-20<span class=\"_ _1\"></span>25 50.000.000 50.000.000 mar\u00e7o 2025 T<span class=\"_ _0\"></span>ax<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>v<span class=\"_ _3b\"></span>ari<span class=\"_ _3b\"></span>\u00e1v<span class=\"_ _3b\"></span>el<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ex<span class=\"_ _3b\"></span>ad<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _3b\"></span>Eu<span class=\"_ _3b\"></span>ri<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>, <span class=\"_ _3b\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap<span class=\"_ _3b\"></span> p<span class=\"_ _3b\"></span>ar<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span> t<span class=\"_ _3b\"></span>ax<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _3b\"></span>xa<span class=\"_ _0\"></span> 20.000.000 30.000.000Navigator 2021-20<span class=\"_ _1\"></span>26 17.500.000 17.500.000 abril 2026 Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 2.500.000 15.000.000 Navigator 2020-20<span class=\"_ _1\"></span>26 75.000.000 75.000.000 dezembro 2026<span class=\"_ _1\"></span> T<span class=\"_ _0\"></span>ax<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>v<span class=\"_ _3b\"></span>ari<span class=\"_ _3b\"></span>\u00e1v<span class=\"_ _3b\"></span>el<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ex<span class=\"_ _3b\"></span>ad<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _3b\"></span>Eu<span class=\"_ _3b\"></span>ri<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>, <span class=\"_ _3b\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap<span class=\"_ _3b\"></span> p<span class=\"_ _3b\"></span>ar<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span> t<span class=\"_ _3b\"></span>ax<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _3b\"></span>xa<span class=\"_ _0\"></span> -75.000.000Navigator 2021-20<span class=\"_ _1\"></span>26 100.000.000 100.000.000 agosto 2026 T<span class=\"_ _0\"></span>ax<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>v<span class=\"_ _3b\"></span>ari<span class=\"_ _3b\"></span>\u00e1v<span class=\"_ _3b\"></span>el<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ex<span class=\"_ _3b\"></span>ad<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _3b\"></span>Eu<span class=\"_ _3b\"></span>ri<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>, <span class=\"_ _3b\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap<span class=\"_ _3b\"></span> p<span class=\"_ _3b\"></span>ar<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span> t<span class=\"_ _3b\"></span>ax<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _3b\"></span>xa<span class=\"_ _0\"></span> -100.000.000Comiss\u00f5es -(3.480.083)-(3.480.083)Banco Europeu d<span class=\"_ _1\"></span>e Investiment<span class=\"_ _1\"></span>o Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Energia 14.166.667 14.166.667 dezembro 2024<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 7.083.333 7.083.334 Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Cacia 15.277.778 15.277.777 maio 2028 Taxa Fixa 2.777.777 12.500.000 Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Figueira<span class=\"_ _1\"></span> 37.142.857 37.142.857 fevereiro 2029 Taxa Fixa 5.714.286 31.428.571 Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Biomass Bo<span class=\"_ _1\"></span>iler 27.500.000 27.500.000 mar\u00e7o 2031 Taxa Fixa -27.500.000Programa de<span class=\"_ _1\"></span> Papel Comerci<span class=\"_ _1\"></span>al Programa de Pape<span class=\"_ _1\"></span>l Comercial 175<span class=\"_ _1\"></span>M 140.000.000 140.000.000 fevereiro 2026 Taxa Fixa 35.000.000 105.000.000 Programa de Pape<span class=\"_ _1\"></span>l Comercial 65M<span class=\"_ _1\"></span> 65.000.000 -fevereiro 2026Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> - - Programa de Pape<span class=\"_ _1\"></span>l Comercial 75M<span class=\"_ _1\"></span> 75.000.000 -janeiro 2026Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> - - Programa de Pape<span class=\"_ _1\"></span>l Comercial 50M<span class=\"_ _1\"></span> 50.000.000 -dezembro 2025Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> - - Financiamentos<span class=\"_ _1\"></span> Financiamento <span class=\"_ _1\"></span>longo prazo<span class=\"_ _1\"></span> 15.000.000 15.000.000 mar\u00e7o 2026 Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 2.000.000 13.000.000 Linhas banc\u00e1ria<span class=\"_ _1\"></span>s   Linha curto prazo<span class=\"_ _1\"></span> 20M 20.450.714 - - - Cash Pooling<span class=\"_ _1\"></span> Li<span class=\"_ _3b\"></span>nha <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>h <span class=\"_ _0\"></span>Po<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>upo<span class=\"_ _3b\"></span> Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> 297.339.235 297.339.235 -297.339.235- 985.446.453 372.414.631613.031.822 31/12/21 Montante <span class=\"_ _0\"></span> N\u00e3o Valores em Euros<span class=\"_ _1\"></span> Montante  em d\u00edvida<span class=\"_ _0\"></span> Vencimento<span class=\"_ _0\"></span> Taxa de juro Corrente  Corrente Empr\u00e9stimos p<span class=\"_ _1\"></span>or obriga\u00e7\u00f5es<span class=\"_ _1\"></span> Navigator 2015-20<span class=\"_ _1\"></span>23 150.000.000 <span class=\"_ _1\"></span> 150.000.000 <span class=\"_ _1\"></span> setembro 2023<span class=\"_ _1\"></span> T<span class=\"_ _0\"></span>ax<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>v<span class=\"_ _3b\"></span>ari<span class=\"_ _3b\"></span>\u00e1v<span class=\"_ _3b\"></span>el<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ex<span class=\"_ _3b\"></span>ad<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _3b\"></span>Eu<span class=\"_ _3b\"></span>ri<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>, <span class=\"_ _3b\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap<span class=\"_ _3b\"></span> p<span class=\"_ _3b\"></span>ar<span class=\"_ _0\"></span>a <span class=\"_ _3b\"></span>ta<span class=\"_ _3b\"></span>xa<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>fi<span class=\"_ _3b\"></span>xa<span class=\"_ _0\"></span> -  150.000.000 <span class=\"_ _1\"></span> Navigator 2019-20<span class=\"_ _1\"></span>26 50.000.000 <span class=\"_ _1\"></span> 50.000.000 <span class=\"_ _1\"></span> janeiro 2026<span class=\"_ _1\"></span> Taxa Fixa -  50.000.000 <span class=\"_ _1\"></span> Navigator 2019-20<span class=\"_ _1\"></span>25 50.000.000 <span class=\"_ _1\"></span> 50.000.000 <span class=\"_ _1\"></span> mar\u00e7o 2025 T<span class=\"_ _0\"></span>ax<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>v<span class=\"_ _3b\"></span>ari<span class=\"_ _3b\"></span>\u00e1v<span class=\"_ _3b\"></span>el<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ex<span class=\"_ _3b\"></span>ad<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _3b\"></span>Eu<span class=\"_ _3b\"></span>ri<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>, <span class=\"_ _3b\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap<span class=\"_ _3b\"></span> p<span class=\"_ _3b\"></span>ar<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span> t<span class=\"_ _3b\"></span>ax<span class=\"_ _3b\"></span>a f<span class=\"_ _3b\"></span>ix<span class=\"_ _3b\"></span>a -  50.000.000 <span class=\"_ _1\"></span> Navigator 2021-20<span class=\"_ _1\"></span>26 20.000.000 <span class=\"_ _1\"></span> 20.000.000 <span class=\"_ _1\"></span> abril 2026 Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 2.500.000 <span class=\"_ _1\"></span> 17.500.000 <span class=\"_ _1\"></span> Navigator 2020-20<span class=\"_ _1\"></span>26 75.000.000 <span class=\"_ _1\"></span> 75.000.000 <span class=\"_ _1\"></span> dezembro 2026<span class=\"_ _1\"></span> T<span class=\"_ _0\"></span>ax<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>v<span class=\"_ _3b\"></span>ari<span class=\"_ _3b\"></span>\u00e1v<span class=\"_ _3b\"></span>el<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ex<span class=\"_ _3b\"></span>ad<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _3b\"></span>Eu<span class=\"_ _3b\"></span>ri<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>, <span class=\"_ _3b\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap<span class=\"_ _3b\"></span> p<span class=\"_ _3b\"></span>ar<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span> t<span class=\"_ _3b\"></span>ax<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _3b\"></span>xa<span class=\"_ _0\"></span> -  75.000.000 <span class=\"_ _1\"></span> Navigator 2021-20<span class=\"_ _1\"></span>26 100.000.000 <span class=\"_ _1\"></span> 100.000.000 <span class=\"_ _1\"></span> agosto 2026 Taxa Fixa -  100.000.000 <span class=\"_ _1\"></span> Comiss\u00f5es -  (3.415.421) -  (3.415.421) Banco Europeu d<span class=\"_ _1\"></span>e Investiment<span class=\"_ _1\"></span>o Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Energia 21.250.000 <span class=\"_ _1\"></span> 21.250.000 <span class=\"_ _1\"></span> dezembro 2024<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Eur<span class=\"_ _1\"></span>ibor 7.083.333 <span class=\"_ _1\"></span> 14.166.667 <span class=\"_ _1\"></span> Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Cacia 18.055.555 <span class=\"_ _1\"></span> 18.055.555 <span class=\"_ _1\"></span> maio 2028 Taxa Fixa 2.777.778 <span class=\"_ _1\"></span> 15.277.777 <span class=\"_ _1\"></span> Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Figueira<span class=\"_ _1\"></span> 40.000.000 <span class=\"_ _1\"></span> 40.000.000 <span class=\"_ _1\"></span> fevereiro 2029 Taxa Fixa 2.857.143 <span class=\"_ _1\"></span> 37.142.857 <span class=\"_ _1\"></span> Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Biomass B<span class=\"_ _1\"></span>oiler 27.500.000 <span class=\"_ _1\"></span> 27.500.000 <span class=\"_ _1\"></span> mar\u00e7o 2031 Taxa Fixa -  27.500.000 <span class=\"_ _1\"></span> Programa de<span class=\"_ _1\"></span> Papel Comerci<span class=\"_ _1\"></span>al Programa de Pape<span class=\"_ _1\"></span>l Comercial 175<span class=\"_ _1\"></span>M 175.000.000 <span class=\"_ _1\"></span> 175.000.000 <span class=\"_ _1\"></span> fevereiro 2026 Taxa Fixa 35.000.000 <span class=\"_ _1\"></span> 140.000.000 <span class=\"_ _1\"></span> Programa de Pape<span class=\"_ _1\"></span>l Comercial 65M<span class=\"_ _1\"></span> 65.000.000 <span class=\"_ _1\"></span> 65.000.000 <span class=\"_ _1\"></span> janeiro 2022<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 65.000.000 <span class=\"_ _1\"></span> -  Programa de Pape<span class=\"_ _1\"></span>l Comercial 75M<span class=\"_ _1\"></span> 75.000.000 <span class=\"_ _1\"></span> -  fevereiro 2026 Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> - -  Programa de Pape<span class=\"_ _1\"></span>l Comercial 50M<span class=\"_ _1\"></span> 50.000.000 <span class=\"_ _1\"></span> -  dezembro 2025<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Eurib<span class=\"_ _1\"></span>or - -  Financiamentos<span class=\"_ _1\"></span> Financiamento <span class=\"_ _1\"></span>longo prazo<span class=\"_ _1\"></span> 15.000.000 <span class=\"_ _1\"></span> 15.000.000 <span class=\"_ _1\"></span> mar\u00e7o 2026 Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 15.000.000 <span class=\"_ _1\"></span> Linhas banc\u00e1ria<span class=\"_ _1\"></span>s   Linha curto prazo<span class=\"_ _1\"></span> 20M 20.450.714 <span class=\"_ _1\"></span> -  -  - Cash Pooling<span class=\"_ _1\"></span> Li<span class=\"_ _0\"></span>nha <span class=\"_ _0\"></span>de C<span class=\"_ _0\"></span>ash P<span class=\"_ _0\"></span>ooli<span class=\"_ _0\"></span>ng G<span class=\"_ _0\"></span>rupo<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vigat<span class=\"_ _0\"></span>or 129.775.499 <span class=\"_ _1\"></span> 129.775.499 <span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 129.775.499 <span class=\"_ _1\"></span> - 933.165.633 <span class=\"_ _1\"></span> 244.993.753 <span class=\"_ _1\"></span> 688.171.881 <span class=\"_ _1\"></span> Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1, o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>m\u00e9d<span class=\"_ _0\"></span>io d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>d\u00ed<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>a, c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>eran<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>os en<span class=\"_ _0\"></span>car<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>nuai<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rtur<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 1.5<span class=\"_ _0\"></span>% (<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>20 <span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e 1<span class=\"_ _0\"></span>.5%<span class=\"_ _0\"></span>). Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, o<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Prog<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al, Fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>ong<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>raz<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>sad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, be<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>como<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>to di<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>n\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>iliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span><span class=\"ff9\">\u20ac2<span class=\"_ _0\"></span>10<span class=\"_ _0\"></span>.450<span class=\"_ _0\"></span>.7<span class=\"_ _0\"></span>14 (<span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>zem<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span>: <span class=\"_ _0\"></span>\u20ac14<span class=\"_ _0\"></span>5.4<span class=\"_ _0\"></span>50<span class=\"_ _0\"></span>.714<span class=\"_ _0\"></span>).<span class=\"ff1\"> </span></span>Covenants<span class=\"ff3\"> financeiros em vigor </span>R\u00e1cio Defini\u00e7\u00e3o<span class=\"_ _0\"></span> Empr\u00e9stimos Limite Cobertura de juros<span class=\"_ _1\"></span> EBITDA 12M / Juro<span class=\"_ _1\"></span>s l\u00edquidos anua<span class=\"_ _1\"></span>lizados<span class=\"_ _1\"></span> Banc\u00e1rios &gt;= 4,5 - 5,5 Endividamento<span class=\"_ _1\"></span> D\u00edvida remunerada <span class=\"_ _1\"></span>/ EBITDA 12M<span class=\"_ _1\"></span> Banc\u00e1rios &lt;= 4,5 Banc\u00e1rios &lt;= 4,0 Net Debt / EBITDA<span class=\"_ _1\"></span> (D\u00edvida remunerada<span class=\"_ _1\"></span> - Dispon<span class=\"_ _1\"></span>ibilidades) / EBITDA<span class=\"_ _1\"></span> 12M<span class=\"_ _1\"></span> Papel Comerc<span class=\"_ _1\"></span>ial &lt;= 4,0 - 5,0 Obriga\u00e7\u00f5es<span class=\"_ _1\"></span> &lt;= 4,0 Ate<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> lim<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>atual<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1 a <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntra<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>m si<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span><span class=\"ff7\">cov<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ants<span class=\"_ _0\"></span><span class=\"ff1\"> ne<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>em m<span class=\"_ _0\"></span>\u00edni<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> seg<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an\u00e7<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s </span></span>cov<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>s<span class=\"ff1\"> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>zem<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>21,<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>aior<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> nu<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>n\u00edve<span class=\"_ _0\"></span>l de<span class=\"_ _0\"></span> </span>se<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>erio<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>a 8<span class=\"_ _0\"></span>0%. Pol\u00edticas Contabil\u00edsticas Os <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ntos<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>bti<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>lue<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>Obr<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Pap<span class=\"_ _0\"></span>el C<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>os ban<span class=\"_ _0\"></span>c\u00e1r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e ou<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>anci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>. Me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al Ao <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cust<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s. Me<span class=\"ls0\">ns<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>equ<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te </span>Ao <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tiz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>, u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>todo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>uro e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a. A d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bol<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ensu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>al \u00e9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ngo<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>d\u00ed<span class=\"_ _0\"></span>vida <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> \u201cJ<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>co<span class=\"ff1\">m <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>os </span>em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9sti<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>bti<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>\u201d n<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>ota <span class=\"_ _0\"></span>5.<span class=\"_ _0\"></span>10 <span class=\"_ _0\"></span>\u2013<span class=\"ff1\"> <span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s. </span>Ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor O v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>co d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>obti<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>curto<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>raz<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ou c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> tax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ri\u00e1v<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>rox<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>a-<span class=\"_ _0\"></span>se d<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>. O j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>bti<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>mun<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>fix<span class=\"_ _0\"></span>a \u00e9<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>vul<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>do n<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 8.3<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> At<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s. </span></span>Apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o No<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> cor<span class=\"_ _3b\"></span>rente<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>xce<span class=\"_ _0\"></span>to s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>rei<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>dici<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dife<span class=\"_ _0\"></span>rir<span class=\"_ _0\"></span> a liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>pelo<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>12<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> ap\u00f3<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>elat<span class=\"_ _0\"></span>o<span class=\"ff7\">.</span>Estimativas e julgamentos Pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> emi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l n<span class=\"_ _0\"></span>ego<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om os <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> fr<span class=\"_ _0\"></span>equ<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>uri<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l i<span class=\"_ _0\"></span>nfer<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>, mas<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>a <span class=\"ff7\">re<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span><span class=\"ff1\">. No<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa e<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>eali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>o <span class=\"ff7\">rol<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span> ove<span class=\"_ _0\"></span>r<span class=\"ff1\"> d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s </span></span></span></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es. 5.7.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Pas<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> </span></span>Passivos de loca\u00e7\u00e3o <span class=\"ffa\">\u2013</span> Natureza 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31/12/21 Valores em Euros<span class=\"_ _1\"></span> N\u00e3o corrent<span class=\"_ _0\"></span>e Corrente Total N\u00e3o corrent<span class=\"_ _0\"></span>e Corrente Total Edif\u00edcios 1.866.759 <span class=\"_ _1\"></span> 511.666  2.378.425 <span class=\"_ _1\"></span> 2.459.148 <span class=\"_ _1\"></span> 417.970  2.877.118 <span class=\"_ _1\"></span> Viaturas -  3.545  3.545  1.659  5.200  6.859  1.866.759  515.211  2.381.970  2.460.807  423.170  2.883.977  Passivos de loca\u00e7\u00e3o <span class=\"ffa\">\u2013</span> Movimenta\u00e7\u00e3o Valores em Euros<span class=\"_ _1\"></span> 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31/12/21 Saldo a 1 de janeir<span class=\"_ _1\"></span>o 2.883.977  3.375.536  Amortiza\u00e7\u00e3o de<span class=\"_ _1\"></span> contratos (591.251) (589.656) Custos com juros<span class=\"_ _1\"></span> 78.661  93.453  Outras altera\u00e7\u00f5es<span class=\"_ _1\"></span> 10.583  4.644  Total de altera<span class=\"_ _1\"></span>\u00e7\u00f5es nos passiv<span class=\"_ _1\"></span>os relacionado<span class=\"_ _1\"></span>s<span class=\"_ _1\"></span> (502.007) (491.559) Saldo a 31 de d<span class=\"_ _1\"></span>ezembro 2.381.970  2.883.977  Passivos de loca\u00e7\u00e3o <span class=\"ffa\">\u2013</span> Responsabilidades futuras Valores em Euros<span class=\"_ _1\"></span> 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31/12/21 A menos de 1 an<span class=\"_ _1\"></span>o 451.843  423.170  1 a 2 anos 479.584  449.916  2 a 3 anos 511.808  479.584  3 a 4 anos 545.016  511.808  4 a 5 anos 234.948  545.016  Mais de 5 anos<span class=\"_ _1\"></span> -  237.129  2.223.199  2.646.622  Juros sobre o pass<span class=\"_ _1\"></span>ivo 158.771  237.355  Valor atual das re<span class=\"_ _1\"></span>sponsabilidad<span class=\"_ _1\"></span>es 2.381.970  2.883.977  A <span class=\"_ _0\"></span>an\u00e1l<span class=\"_ _3b\"></span>ise d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> loc<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e9 a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 8<span class=\"_ _0\"></span>.1.<span class=\"_ _0\"></span>3 <span class=\"_ _0\"></span>- R<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co d<span class=\"_ _0\"></span>e liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>. Pol\u00edticas Contabil\u00edsticas Na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>in\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ce p<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>rado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nclu<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>gam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>duz<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>vari<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> esp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>am pag<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>t\u00ed<span class=\"_ _0\"></span>tulo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esi<span class=\"_ _0\"></span>dual<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>loca<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nclu<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> o p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>c\u00edci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>p\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o ra<span class=\"_ _0\"></span>zo<span class=\"_ _0\"></span>avel<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>idas<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>nali<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sci<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>oca\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>pra<span class=\"_ _0\"></span>zo d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>efl<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>r a o<span class=\"_ _0\"></span>p\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>scind<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>. No<span class=\"_ _0\"></span> c\u00e1<span class=\"_ _0\"></span>lcu<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span> us<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e ju<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ciam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpl\u00ed<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>na l<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>acil<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>n\u00e1v<span class=\"_ _0\"></span>el. Sub<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r do<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> loc<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e9 i<span class=\"_ _0\"></span>ncre<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 5.1<span class=\"_ _0\"></span>0 <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> <span class=\"_ _0\"></span>Ren<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e g<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>) e<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>u\u00ed<span class=\"_ _0\"></span>do p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>loca<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>). </span></span>5.8.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Caix<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>len<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>xa </span></span>Valores em Euros 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31/12/21 Numer\u00e1rio  5.540 5.540 Dep\u00f3sitos banc\u00e1r<span class=\"_ _1\"></span>ios imediatamen<span class=\"_ _1\"></span>te mobiliz\u00e1ve<span class=\"_ _1\"></span>is 189.407.443 160.738.761 Outras aplica\u00e7\u00f5es<span class=\"_ _1\"></span> de tesouraria    146.997.320 68.550.446 Cash pooling (<span class=\"_ _1\"></span>Nota 10.2)  54.229.858 125.041.900 Caixa e eq<span class=\"_ _1\"></span>uivalentes de caix<span class=\"_ _1\"></span>a na demonstra\u00e7\u00e3o d<span class=\"_ _1\"></span>a posi\u00e7\u00e3o fi<span class=\"_ _1\"></span>nanceira 390.640.161 354.336.647 Descobertos banc\u00e1r<span class=\"_ _1\"></span>ios - Cash<span class=\"_ _1\"></span> pooling (Notas 5<span class=\"_ _1\"></span>.6 e 10.2) <span class=\"_ _1\"></span> (297.339.234)<span class=\"_ _1\"></span> (129.775.499)<span class=\"_ _1\"></span> Caixa e eq<span class=\"_ _1\"></span>uivalentes de caixa na d<span class=\"_ _1\"></span>emonstra\u00e7\u00e3o de<span class=\"_ _1\"></span> fluxos de caixa<span class=\"_ _1\"></span> 93.300.927 224.561.148 Em <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ubri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Out<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ourar<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>num <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>rtf<span class=\"_ _0\"></span>\u00f3lio<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> cur<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>ite<span class=\"_ _3b\"></span>ntes <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> <span class=\"ff7\">rat<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"ff1\"> <span class=\"_ _0\"></span>adeq<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>o. </span></span>Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> exi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>sald<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>gnif<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a e <span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>uival<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>este<span class=\"_ _0\"></span>ja<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>suje<span class=\"_ _0\"></span>itos<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ri\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>so d<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a. Pol\u00edticas Contabil\u00edsticas A r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Cai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>aixa<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>i c<span class=\"_ _0\"></span>aix<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>\u00f3si<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>outr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>urto<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>m m<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>uri<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>\u00e9 3 <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>z\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nif<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>tua\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r.<span class=\"_ _0\"></span>  Par<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ux<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>xa,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> rub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lui<span class=\"_ _0\"></span>r\u00e1 <span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>b\u00e9m<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do ex<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s de<span class=\"_ _3b\"></span>scobe<span class=\"_ _0\"></span>rto<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>anc\u00e1<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s qu<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ese<span class=\"_ _3b\"></span>ntados<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ncei<span class=\"_ _0\"></span>ra,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o cor<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>rub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>Fina<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>obti<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>Not<span class=\"_ _0\"></span>a 5<span class=\"_ _0\"></span>.6)<span class=\"_ _0\"></span>. 5.9.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Flu<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>xa d<span class=\"_ _0\"></span><span class=\"lsb0\">e <span class=\"ls0\">at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> </span></span></span></span>de <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o Movimentos nos passivos de atividades de finan<span class=\"_ _0\"></span>ciamento<span class=\"_ _1\"></span> Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Saldo em 1 de janeir<span class=\"_ _1\"></span>o 933.165.633 <span class=\"_ _1\"></span> 947.383.993 <span class=\"_ _1\"></span> Pagamento de empr\u00e9st<span class=\"_ _1\"></span>imos obtido<span class=\"_ _1\"></span>s (545.218.254)<span class=\"_ _1\"></span> (291.527.778)<span class=\"_ _1\"></span> Recebimentos de e<span class=\"_ _1\"></span>mpr\u00e9stimos obt<span class=\"_ _1\"></span>idos<span class=\"_ _1\"></span> 430.000.000 <span class=\"_ _1\"></span> 147.500.000 <span class=\"_ _1\"></span> Cash Pooling<span class=\"_ _1\"></span> 167.563.736 <span class=\"_ _1\"></span> 129.775.499 <span class=\"_ _1\"></span> Varia\u00e7\u00e3o dos encarg<span class=\"_ _1\"></span>os com a em<span class=\"_ _1\"></span>iss\u00e3o de empr\u00e9st<span class=\"_ _1\"></span>imos (64.662) 33.919  Varia\u00e7\u00e3o da D\u00edvid<span class=\"_ _1\"></span>a remunerada<span class=\"_ _1\"></span> 52.280.820 <span class=\"_ _1\"></span> (14.218.360)<span class=\"_ _1\"></span> D\u00edvida remune<span class=\"_ _1\"></span>rada bruta<span class=\"_ _1\"></span> 985.446.453 <span class=\"_ _1\"></span> 933.165.633 <span class=\"_ _1\"></span> 5.10.<span class=\"ffd ls0\"> <span class=\"_ _46\"> </span><span class=\"ff3\">Ren<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s </span></span>Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Juros suportados co<span class=\"_ _1\"></span>m t\u00edtulos de d<span class=\"_ _1\"></span>\u00edvida e d\u00edv<span class=\"_ _1\"></span>ida banc\u00e1ria<span class=\"_ _1\"></span> (9.418.150) (10.385.295)<span class=\"_ _1\"></span> Juros suportados co<span class=\"_ _1\"></span>m outros financiamen<span class=\"_ _1\"></span>tos obtidos<span class=\"_ _1\"></span> (11.366.018) (4.409.101) Comiss\u00f5es de e<span class=\"_ _1\"></span>mpr\u00e9stimos e gast<span class=\"_ _1\"></span>os com aberturas de<span class=\"_ _1\"></span> cr\u00e9dito <span class=\"_ _1\"></span> (4.370.449) (3.349.422) Juros suportado<span class=\"_ _1\"></span>s por aplica\u00e7\u00e3o<span class=\"_ _1\"></span> do m\u00e9todo d<span class=\"_ _1\"></span>o juro efetivo<span class=\"_ _1\"></span> (25.154.617)<span class=\"_ _1\"></span> (18.143.818)<span class=\"_ _1\"></span> Juros suportados co<span class=\"_ _1\"></span>m passivos de <span class=\"_ _1\"></span>loca\u00e7\u00e3o<span class=\"_ _1\"></span> (78.661) (93.453) Gastos financeir<span class=\"_ _1\"></span>os relativos \u00e0 <span class=\"_ _1\"></span>estrutura de<span class=\"_ _1\"></span> capital do Grupo<span class=\"_ _45\"></span> (25.233.278)<span class=\"_ _1\"></span> (18.237.271)<span class=\"_ _1\"></span> Diferen\u00e7as de c\u00e2<span class=\"_ _1\"></span>mbio desfavor\u00e1vei<span class=\"_ _1\"></span>s -  (10.379.571)<span class=\"_ _1\"></span> Ganhos / (Perdas)<span class=\"_ _1\"></span> com instrument<span class=\"_ _1\"></span>os derivad<span class=\"_ _1\"></span>os de cobertura ta<span class=\"_ _1\"></span>xa de juro (Nota 8.2)<span class=\"_ _1\"></span> (1.504.772) (3.191.640) Ganhos / (Perdas)<span class=\"_ _1\"></span> com instrument<span class=\"_ _1\"></span>os derivados de neg<span class=\"_ _1\"></span>ocia\u00e7\u00e3o (Nota 8.2)<span class=\"_ _45\"></span> (4.289.597) (4.265.016) Outros gastos e per<span class=\"_ _1\"></span>das financeiros<span class=\"_ _1\"></span>   <span class=\"_ _1\"></span> (2.177.098) (110.915) Gastos e perd<span class=\"_ _1\"></span>as financeiros<span class=\"_ _1\"></span> (33.204.745)<span class=\"_ _1\"></span> (36.184.414)<span class=\"_ _1\"></span> Juros obtidos de<span class=\"_ _1\"></span> empr\u00e9stimos conce<span class=\"_ _1\"></span>didos<span class=\"_ _1\"></span> 8.404.238 <span class=\"_ _1\"></span> 3.266.904 <span class=\"_ _1\"></span> Diferen\u00e7as de c\u00e2<span class=\"_ _1\"></span>mbio favor\u00e1veis<span class=\"_ _1\"></span> 6.875.033 <span class=\"_ _1\"></span> 12.539.990 <span class=\"_ _1\"></span> Ganhos com juros<span class=\"_ _1\"></span> compensat\u00f3rios<span class=\"_ _1\"></span> 341.349  767.705  Outros rendimentos<span class=\"_ _1\"></span> e ganhos fina<span class=\"_ _1\"></span>nceiros<span class=\"_ _1\"></span> 6.474.957 <span class=\"_ _1\"></span> 9.031.354 <span class=\"_ _1\"></span> Rendimentos e g<span class=\"_ _1\"></span>anhos fina<span class=\"_ _1\"></span>nceiros<span class=\"_ _1\"></span> 22.095.577 <span class=\"_ _1\"></span> 25.605.954 <span class=\"_ _1\"></span> Resultados fi<span class=\"_ _1\"></span>nanceiros<span class=\"_ _1\"></span> (11.109.168)<span class=\"_ _1\"></span> (10.578.460)<span class=\"_ _1\"></span> Pol\u00edticas Contabil\u00edsticas A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa c<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ssif<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> \u201cR<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dime<span class=\"_ _3b\"></span>ntos f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os\u201d,<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> <span class=\"ff1\">qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>am </span>da <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de d<span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> tes<span class=\"_ _0\"></span>our<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> tai<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o: i<span class=\"_ _0\"></span>) o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>os o<span class=\"_ _0\"></span>bt<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de ex<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>dent<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>esou<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ria;<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ii)<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>aria<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>nego<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a a c<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c\u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s, i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a.6.<span class=\"ffd ls0\"> <span class=\"_ _c6\"> </span><span class=\"ff3\">Imp<span class=\"_ _0\"></span>ost<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>obre<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>dime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> </span></span>6.1.<span class=\"ffd ls0\"> <span class=\"_ _48\"> </span><span class=\"ff3\">Im<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>o </span></span>6.1.1<span class=\"lsaf\">. </span>Imposto reconhecido <span class=\"_ _1\"></span>na demonstr<span class=\"_ _1\"></span>a\u00e7\u00e3o dos result<span class=\"_ _1\"></span>ados<span class=\"_ _1\"></span> Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span> Imposto corrente<span class=\"_ _1\"></span> (9.680.009) (1.260.778)  Varia\u00e7\u00e3o de posi\u00e7\u00f5es<span class=\"_ _1\"></span> fiscais ince<span class=\"_ _1\"></span>rtas no per\u00edodo<span class=\"_ _1\"></span> 3.906.564 <span class=\"_ _1\"></span> (3.827.856)  Imposto diferido<span class=\"_ _1\"></span> (Nota 6.2)<span class=\"_ _1\"></span> 2.028.010 <span class=\"_ _1\"></span> 1.658.967 <span class=\"_ _1\"></span> (3.745.435)<span class=\"_ _1\"></span> (3.429.667)<span class=\"_ _1\"></span> Taxa de imposto nominal No<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>apre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>onsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpo<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tug<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 27<span class=\"_ _0\"></span>,5%<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a le<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>sla\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>como<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ue: 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Portugal Taxa nominal de <span class=\"_ _1\"></span>imposto sobre o r<span class=\"_ _1\"></span>endimento<span class=\"_ _1\"></span> 21,0% 21,0% Derrama munic<span class=\"_ _1\"></span>ipal 1,5% 1,5% 22,5% 22,5% Derrama estadual<span class=\"_ _1\"></span> - sobre as parte<span class=\"_ _1\"></span>s dos lucros tr<span class=\"_ _1\"></span>ibut\u00e1veis entre 1<span class=\"_ _1\"></span>.500.000 Euro<span class=\"_ _1\"></span>s e 7.500.000 Euros<span class=\"_ _1\"></span> <span class=\"_ _1\"></span> 3,0% 3,0% Derrama estadual<span class=\"_ _1\"></span> - sobre as parte<span class=\"_ _1\"></span>s dos lucros tr<span class=\"_ _1\"></span>ibut\u00e1veis entre 7<span class=\"_ _1\"></span>.500.000 Euro<span class=\"_ _1\"></span>s e 35.000.000 Euro<span class=\"_ _1\"></span>s <span class=\"_ _1\"></span> 5,0% 5,0% Derrama estadual<span class=\"_ _1\"></span> - sobre as parte<span class=\"_ _1\"></span>s dos lucros tr<span class=\"_ _1\"></span>ibut\u00e1veis aci<span class=\"_ _1\"></span>ma de 35.000.000<span class=\"_ _1\"></span> Euros <span class=\"_ _1\"></span> 9,0% 9,0% Reconcilia\u00e7\u00e3o da taxa efetiva de imposto sobre o rend<span class=\"_ _0\"></span>imento do per\u00edodo <span class=\"_ _1\"></span> Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Resultado antes de<span class=\"_ _1\"></span> impostos<span class=\"_ _1\"></span> 396.325.899 <span class=\"_ _1\"></span> 174.841.122 <span class=\"_ _1\"></span> Imposto esperado<span class=\"_ _1\"></span> \u00e0 taxa nom<span class=\"_ _1\"></span>inal (21%)<span class=\"_ _1\"></span> 83.228.439 <span class=\"_ _1\"></span> 36.716.636 <span class=\"_ _1\"></span> Derrama munic<span class=\"_ _1\"></span>ipal (2022: 0,13<span class=\"_ _1\"></span>% ; 2021: 0,15%)<span class=\"_ _1\"></span> 526.084  258.781  Derrama estadual<span class=\"_ _1\"></span> (2022: 0,39% ;<span class=\"_ _1\"></span> 2021: 0,38%)<span class=\"_ _1\"></span> 1.561.503 <span class=\"_ _1\"></span> 667.605  Imposto resulta<span class=\"_ _1\"></span>nte da taxa apl<span class=\"_ _1\"></span>ic\u00e1vel<span class=\"_ _1\"></span> 85.316.026 <span class=\"_ _1\"></span> 37.643.022 <span class=\"_ _1\"></span> Taxa nominal d<span class=\"_ _1\"></span>e imposto do pe<span class=\"_ _1\"></span>r\u00edodo<span class=\"_ _1\"></span> 21,53% 21,53% Diferen\u00e7as (a)<span class=\"_ _1\"></span> (4.540.176) 2.679.217 <span class=\"_ _1\"></span> Efeito da aplica\u00e7\u00e3<span class=\"_ _1\"></span>o do m\u00e9todo de <span class=\"_ _1\"></span>equival\u00ean<span class=\"_ _1\"></span>cia patrimon<span class=\"_ _1\"></span>ial (73.487.565) (40.821.355)<span class=\"_ _1\"></span> (Excesso)/Insuf<span class=\"_ _1\"></span>ici\u00eancia de estimat<span class=\"_ _1\"></span>iva de imposto<span class=\"_ _1\"></span> (3.906.564) 3.453.123 <span class=\"_ _1\"></span> Tributa\u00e7\u00e3o aut\u00f3no<span class=\"_ _1\"></span>ma 363.714  475.660  3.745.435  3.429.667  Taxa efe<span class=\"_ _1\"></span>tiva de imposto 0,95% 1,96% (a) Este valor respe<span class=\"_ _1\"></span>ita essencia<span class=\"_ _1\"></span>lmente a:<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Mais / (Menos) va<span class=\"_ _1\"></span>lias fiscais<span class=\"_ _1\"></span> -  (654.801) (Mais) / Menos va<span class=\"_ _1\"></span>lias contabi<span class=\"_ _1\"></span>l\u00edsticas<span class=\"_ _1\"></span> -  655.648  Imparidades e prov<span class=\"_ _1\"></span>is\u00f5es tributada<span class=\"_ _1\"></span>s  3.540.136 <span class=\"_ _1\"></span> 6.987.197 <span class=\"_ _1\"></span> Benef\u00edcios fisca<span class=\"_ _1\"></span>is (331.996) (326.801) Benef\u00edcios a empregad<span class=\"_ _1\"></span>os 21.108  (1.390.000) Liquida\u00e7\u00e3o sub<span class=\"_ _1\"></span>sidi\u00e1ria (14.741.302) -  Outros (6.292.558) 5.235.491 <span class=\"_ _1\"></span> (17.804.612)<span class=\"_ _1\"></span> 10.506.734 <span class=\"_ _1\"></span> Impacto fiscal (<span class=\"_ _1\"></span>25,5%)<span class=\"_ _1\"></span> (4.540.176)<span class=\"_ _1\"></span> 2.679.217  6.1.2<span class=\"lsaf\">. </span>Imposto reconhecido <span class=\"_ _1\"></span>na demonstr<span class=\"_ _1\"></span>a\u00e7\u00e3o da posi\u00e7\u00e3o<span class=\"_ _1\"></span> financeira<span class=\"_ _45\"></span> Valores em Euros<span class=\"_ _1\"></span> 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31/12/21 Ativo Valores pendentes<span class=\"_ _1\"></span> de reembolso (<span class=\"_ _1\"></span>processos fiscais de<span class=\"_ _1\"></span>cididos a favor<span class=\"_ _1\"></span> do <span class=\"_ _1\"></span>Grupo)<span class=\"_ _1\"></span> 15.341.107 <span class=\"_ _1\"></span> 1.118.815 <span class=\"_ _1\"></span> 15.341.107 <span class=\"_ _1\"></span> 1.118.815  Passivo Imposto sobre o<span class=\"_ _1\"></span> Rendimento das<span class=\"_ _1\"></span> Pessoas Colet<span class=\"_ _1\"></span>ivas - I<span class=\"_ _1\"></span>RC 96.139.000 <span class=\"_ _1\"></span> 20.200.713 <span class=\"_ _1\"></span> Responsabilidade<span class=\"_ _1\"></span>s adiciona<span class=\"_ _1\"></span>is de imposto (IRC)<span class=\"_ _1\"></span> 11.494.069 <span class=\"_ _1\"></span> 11.741.764 <span class=\"_ _1\"></span> 107.633.069 <span class=\"_ _1\"></span> 31.942.477 <span class=\"_ _1\"></span> Decomposi\u00e7\u00e3o da rubrica Imposto sobre o Rendimento das Pessoas Coletivas <span class=\"ffa\">\u2013</span> IRC (l\u00edquido) Valores em Euros<span class=\"_ _1\"></span> 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31/12/21 Imposto sobre o<span class=\"_ _1\"></span> rendimento do pe<span class=\"_ _1\"></span>r\u00edodo (9.680.009) (1.260.778) Pagamentos por conta,<span class=\"_ _1\"></span> especia<span class=\"_ _1\"></span>is e adicionais por conta<span class=\"_ _1\"></span> 37.184.040 <span class=\"_ _1\"></span> 18.765.072 <span class=\"_ _1\"></span> Reten\u00e7\u00f5es na fonte<span class=\"_ _1\"></span> a recuperar<span class=\"_ _1\"></span> 36.453  7.865  IRC das empresas <span class=\"_ _1\"></span>inclu\u00eddas no RE<span class=\"_ _1\"></span>TGS (123.679.484)<span class=\"_ _1\"></span> (34.106.939)<span class=\"_ _1\"></span> Outros valores a <span class=\"_ _1\"></span>(receber)/Pagar<span class=\"_ _1\"></span> -  (3.605.933) (96.139.000)<span class=\"_ _1\"></span> (20.200.713)<span class=\"_ _1\"></span> Valores pendentes de reembolso Valores em Euros<span class=\"_ _1\"></span> 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31/12/21 IRC (RETGS) 200<span class=\"_ _1\"></span>5 13.886.728 <span class=\"_ _1\"></span> -  RFAI 2010 a 2012 <span class=\"_ _1\"></span>- juros indemn<span class=\"_ _1\"></span>izat\u00f3rios<span class=\"_ _1\"></span> 1.076.611 <span class=\"_ _1\"></span> 1.076.611 <span class=\"_ _1\"></span> IRC 2016 - Proces<span class=\"_ _1\"></span>so CAAD 7/2022<span class=\"_ _1\"></span> 272.697  -  IRC (RETGS) 2020<span class=\"_ _1\"></span> 62.867  -  Outros 42.204  42.204  15.341.107 <span class=\"_ _1\"></span> 1.118.815  Os <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> dis<span class=\"_ _0\"></span>cri<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ue: Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Saldo no in\u00edcio do p<span class=\"_ _1\"></span>er\u00edodo<span class=\"_ _1\"></span> 1.118.815 3.482.762 Aumentos 14.222.292 189.876 Utiliza\u00e7\u00e3o -(2.120.272)Revers\u00f5es -(433.551)15.341.107 1.118.815Posi\u00e7\u00f5es fiscais incertas - Passivos Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Saldo no in\u00edcio do p<span class=\"_ _1\"></span>er\u00edodo<span class=\"_ _1\"></span> 11.741.764 9.014.699 Aumentos 5.836.617 10.756.268 Utiliza\u00e7\u00e3o (3.599.451) (975.264) Revers\u00f5es (2.484.861) (7.053.939) Varia\u00e7\u00e3o no per\u00edod<span class=\"_ _1\"></span>o (247.695) 2.727.065 11.494.069 11.741.764 Liquida\u00e7\u00f5es pagas em contencioso Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>am pag<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>conh<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>m-s<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>e: Valores em Euros<span class=\"_ _1\"></span> 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31/12/21 IRC agregado <span class=\"ls24\">2005<span class=\"_ _1\"></span></span> 10.394.386 10.394.386 IRC agregado 2006<span class=\"_ _1\"></span> 8.150.146 8.150.146 IRC agregado 2018<span class=\"_ _1\"></span> 14.433.913 - Derrama Estadual 2016<span class=\"_ _1\"></span> 3.761.397 3.761.397 Derrama Estadual 2017<span class=\"_ _1\"></span> 8.462.724 8.462.724 Derrama Estadual 2018<span class=\"_ _1\"></span> 12.223.705 12.223.705 CDTJI IRC 2016 e<span class=\"_ _1\"></span> 2017 1.522.660 1.522.660 58.948.931 44.515.018 Pol\u00edticas Contabil\u00edsticas O i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>to c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> sob<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e9 d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> l\u00ed<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>dos,<span class=\"_ _0\"></span> aju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nfor<span class=\"_ _0\"></span>mid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a l<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sla<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>al v<span class=\"_ _0\"></span>ige<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eira<span class=\"_ _0\"></span>.Grupo fiscal Em <span class=\"_ _0\"></span>Po<span class=\"_ _0\"></span>rtu<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>ujei<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> Reg<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Espe<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Trib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Soc<span class=\"_ _0\"></span>ied<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>RE<span class=\"_ _0\"></span>TGS)<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tu\u00ed<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>as e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>resa<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> ig<span class=\"_ _0\"></span>ual <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> sup<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> 75%<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cump<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>i\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>s no<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>go <span class=\"_ _0\"></span>69<span class=\"_ _0\"></span>\u00ba e<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>C\u00f3d<span class=\"_ _0\"></span>igo<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> IRC.<span class=\"_ _3b\"></span> As <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> RETG<span class=\"_ _0\"></span>S a<span class=\"_ _0\"></span>pur<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ost<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> o r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>e fos<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>but<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a \u00f3<span class=\"_ _0\"></span>tica <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ual.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>anto<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo d<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s \u00e0 <span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ied<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>omi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> gr<span class=\"_ _0\"></span>upo <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>scal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te a<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>y,<span class=\"_ _0\"></span> S.A<span class=\"_ _0\"></span>. a<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>pur<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o gl<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span> aut<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>iqui<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>. Cas<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>jam<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s g<span class=\"_ _0\"></span>anh<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>s s\u00e3<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>como<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>na soc<span class=\"_ _0\"></span>ied<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>domi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> a o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o g<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>al re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>\u00e0s <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bilid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> des<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>rub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> a r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ebe<span class=\"_ _0\"></span>r e <span class=\"_ _0\"></span>Val<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>agar<span class=\"_ _0\"></span>. Estimativas e julgamentos A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>dici<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>oss<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s ef<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> auto<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> fis<span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> Qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s \u00e9<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7as <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r\u00e3o<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>post<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> o re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m que<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>apu<span class=\"_ _0\"></span>rada<span class=\"_ _0\"></span>s. Em <span class=\"_ _0\"></span>Po<span class=\"_ _0\"></span>rtu<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dec<span class=\"_ _0\"></span>lar<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> anua<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o s<span class=\"_ _0\"></span>uj<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ev<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> aju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s au<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> du<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 4 a<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Cont<span class=\"_ _0\"></span>udo<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ju\u00ed<span class=\"_ _0\"></span>zo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fisc<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stes<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ode<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>er s<span class=\"_ _0\"></span>uj<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>is\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>aut<span class=\"_ _0\"></span>orid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>is p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 6 <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span> O C<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Ad<span class=\"_ _0\"></span>mini<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> ev<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tuai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> \u00e0q<span class=\"_ _0\"></span>uel<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cla<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s/i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>\u00e3o e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>cati<span class=\"_ _0\"></span>vo nas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>emo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>iras<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 3<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de d<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o ce<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> j\u00e1 <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>ram <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>Aut<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e T<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>\u00e1ria<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> Adu<span class=\"_ _0\"></span>ane<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>per\u00ed<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> 201<span class=\"_ _0\"></span>8,<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nclu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ve. Pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>tas O m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oces<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>fetu<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>g\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>imen<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> Ad<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nist<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> Trib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>a,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>olvi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> v\u00e3<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> nas<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>t\u00e9r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>.  A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa, <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span> \u00e0 m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o o d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>IFR<span class=\"_ _0\"></span>IC 2<span class=\"_ _0\"></span>3 <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> In<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>eza<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpo<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s so<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>nome<span class=\"_ _0\"></span>adam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> </span></span>na <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>risc<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tez<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>defi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> mel<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o g<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xigi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>dar <span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>todo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>os po<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sult<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>obab<span class=\"_ _0\"></span>ilid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as. 6.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Impo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>erid<span class=\"_ _0\"></span>os </span></span>Movimentos em impostos diferidos  <span class=\"lsb1\">Em</span> 1  Demonstra\u00e7\u00e3<span class=\"_ _0\"></span>o   Em 31   Capital de janeiro <span class=\"_ _0\"></span> de resultados  de dezembro<span class=\"_ _0\"></span>  pr\u00f3prio  Valores em Euros<span class=\"_ _1\"></span> de 2022   Aumentos   Redu\u00e7\u00f5es  de 2022  Diferen\u00e7as te<span class=\"_ _1\"></span>mpor\u00e1rias que o<span class=\"_ _1\"></span>riginam ativos por<span class=\"_ _1\"></span> impostos diferi<span class=\"_ _1\"></span>dos Provis\u00f5es tributadas<span class=\"_ _1\"></span> -  410.869  -  -  410.869  Ajustamentos e<span class=\"_ _1\"></span>m investimentos e<span class=\"_ _1\"></span>m subsidi\u00e1r<span class=\"_ _1\"></span>ias 18.752.796 <span class=\"_ _1\"></span> 9.366.282 <span class=\"_ _1\"></span> (2.802.959)<span class=\"_ _1\"></span> -  25.316.119 <span class=\"_ _1\"></span> Instrumentos finance<span class=\"_ _1\"></span>iros<span class=\"_ _1\"></span> 7.448.830 <span class=\"_ _1\"></span> -  -  (7.448.830) -  Remunera\u00e7\u00e3o convenc<span class=\"_ _1\"></span>ional de cap<span class=\"_ _1\"></span>ital<span class=\"_ _1\"></span> 140.000  -  (140.000)<span class=\"_ _1\"></span> -  -  26.341.626 <span class=\"_ _1\"></span> 9.777.151  (2.942.959)<span class=\"_ _1\"></span> (7.448.830)<span class=\"_ _1\"></span> 25.726.988 <span class=\"_ _1\"></span> Diferen\u00e7as te<span class=\"_ _1\"></span>mpor\u00e1rias que o<span class=\"_ _1\"></span>riginam passivos por impostos dif<span class=\"_ _1\"></span>eridos<span class=\"_ _1\"></span> Ajustamentos e<span class=\"_ _1\"></span>m investimentos e<span class=\"_ _1\"></span>m subsidi\u00e1r<span class=\"_ _1\"></span>ias (718.030) 802.383  (261.997)<span class=\"_ _1\"></span> -  (177.644) Instrumentos f<span class=\"_ _1\"></span>inanceiros<span class=\"_ _1\"></span> -  -  -  (47.174.485) (47.174.485)<span class=\"_ _1\"></span> (718.030) 802.383  (261.997) (47.174.485)<span class=\"_ _1\"></span> (47.352.129)<span class=\"_ _1\"></span> Ativos por impos<span class=\"_ _1\"></span>tos diferidos <span class=\"_ _1\"></span> 7.243.947  2.688.717  (809.314) (2.048.428)<span class=\"_ _1\"></span> 7.074.922  Passivos por i<span class=\"_ _1\"></span>mpostos dife<span class=\"_ _1\"></span>ridos  (197.458) 220.655  (72.049)<span class=\"_ _1\"></span> (12.972.983)<span class=\"_ _1\"></span> (13.021.836)<span class=\"_ _1\"></span>  Demonstra\u00e7\u00e3<span class=\"_ _0\"></span>o   Em 31   Em 1   Capital de resultados  de dezembro<span class=\"_ _0\"></span> de janeiro <span class=\"_ _0\"></span> pr\u00f3prio  Valores em Euros<span class=\"_ _1\"></span> de 2021   Aumentos   Redu\u00e7\u00f5es  de 2021  Diferen\u00e7as te<span class=\"_ _1\"></span>mpor\u00e1rias que o<span class=\"_ _1\"></span>riginam ativos por<span class=\"_ _1\"></span> impostos diferi<span class=\"_ _1\"></span>dos Ajustamentos e<span class=\"_ _1\"></span>m investimentos e<span class=\"_ _1\"></span>m subsidi\u00e1r<span class=\"_ _1\"></span>ias 12.580.190 <span class=\"_ _1\"></span> 8.425.255 <span class=\"_ _1\"></span> (2.252.649)<span class=\"_ _1\"></span> -  18.752.796 <span class=\"_ _1\"></span> Instrumentos finance<span class=\"_ _1\"></span>iros<span class=\"_ _1\"></span> 8.879.577 <span class=\"_ _1\"></span> -  -  (1.430.747) 7.448.830 <span class=\"_ _1\"></span> Remunera\u00e7\u00e3o convenc<span class=\"_ _1\"></span>ional de cap<span class=\"_ _1\"></span>ital<span class=\"_ _1\"></span> 280.000  -  (140.000)<span class=\"_ _1\"></span> -  140.000  21.739.767 <span class=\"_ _1\"></span> 8.425.255  (2.392.649)<span class=\"_ _1\"></span> (1.430.747)<span class=\"_ _1\"></span> 26.341.626 <span class=\"_ _1\"></span> Diferen\u00e7as te<span class=\"_ _1\"></span>mpor\u00e1rias que o<span class=\"_ _1\"></span>riginam passivos por impostos dif<span class=\"_ _1\"></span>eridos<span class=\"_ _1\"></span> Ajustamentos e<span class=\"_ _1\"></span>m investimentos e<span class=\"_ _1\"></span>m subsidi\u00e1r<span class=\"_ _1\"></span>ias (718.030) -  -  -  (718.030) (718.030) -  -  -  (718.030) Ativos por impos<span class=\"_ _1\"></span>tos diferidos <span class=\"_ _1\"></span> 5.978.436  2.316.945  (657.978) (393.455) 7.243.947  Passivos por i<span class=\"_ _1\"></span>mpostos dife<span class=\"_ _1\"></span>ridos  (197.458) -  -  -  (197.458) Na <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ostos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21,<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>oi u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>a tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>27<span class=\"_ _0\"></span>,50%<span class=\"_ _0\"></span>. Pol\u00edticas Contabil\u00edsticas O i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>alc<span class=\"_ _0\"></span>ulado<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> tem<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntre<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>\u00edsti<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>uta\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span>. P<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mina\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> \u00e9 u<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>cal <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>sper<span class=\"_ _3b\"></span>a es<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m vi<span class=\"_ _0\"></span>gor<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>o em <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>as. S\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>stos<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rido<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>que <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>o\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>er\u00e3<span class=\"_ _0\"></span>o ge<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> lu<span class=\"_ _0\"></span>cros<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ut\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>\u00e3o s<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os.<span class=\"_ _0\"></span> O<span class=\"_ _0\"></span>s imp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>rev<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>dica<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>duz<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eix<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ov\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>s me<span class=\"_ _0\"></span>smo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>sam<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>izad<span class=\"_ _0\"></span>os.<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>stos<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>os s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u re<span class=\"_ _0\"></span>ndim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>cet<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>se re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tado<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>pr\u00f3<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>ua\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ost<span class=\"_ _0\"></span>o di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>mb\u00e9<span class=\"_ _0\"></span>m re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>do n<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>ca.<span class=\"_ _0\"></span> Os<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ncen<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fis<span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>atri<span class=\"_ _0\"></span>bu\u00ed<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> \u00e2mb<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> a de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>olve<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> med<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>t\u00eanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>at\u00e9r<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ole<span class=\"_ _0\"></span>t\u00e1ve<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>nas <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>nef<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mita<span class=\"_ _0\"></span> a sua<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>. 7.<span class=\"_ _49\"> </span><span class=\"ls0\">P<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>oal</span>7.1.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> pes<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>al </span></span>Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Remunera\u00e7\u00f5es dos<span class=\"_ _1\"></span> \u00d3rg\u00e3os Socia<span class=\"_ _1\"></span>is - fixas (<span class=\"_ _1\"></span>Nota 7.3) 1.355.315 1.328.245 Remunera\u00e7\u00f5es dos<span class=\"_ _1\"></span> \u00d3rg\u00e3os Socia<span class=\"_ _1\"></span>is - vari\u00e1<span class=\"_ _1\"></span>veis  3.968.843 3.856.394 Remunera\u00e7\u00f5es ao pes<span class=\"_ _1\"></span>soal 3.455.070 1.069.930 Contribui\u00e7\u00f5es para<span class=\"_ _1\"></span> a Seguran\u00e7a S<span class=\"_ _1\"></span>ocial<span class=\"_ _1\"></span> 1.017.117 973.317 Benef\u00edcios de p\u00f3s em<span class=\"_ _1\"></span>prego (Nota <span class=\"_ _1\"></span>7.2.2)<span class=\"_ _1\"></span> 108.938 143.080 Outros gastos co<span class=\"_ _1\"></span>m o pessoal 3.616.214 3.721.285 Gastos com o pe<span class=\"_ _1\"></span>ssoal 13.521.497 11.092.252 O a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>os c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> o p<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>mpan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>u o<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>om d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pen<span class=\"_ _0\"></span>ho <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>viga<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>, qu<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>miti<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>acr<span class=\"_ _0\"></span>\u00e9sc<span class=\"_ _0\"></span>imo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>para<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>gam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>gra<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 2023.<span class=\"ls0\"> </span>Outros gastos com o pessoal <span class=\"ffa\">\u2013</span> Detalhe Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Forma\u00e7\u00e3o 1.317.514 865.755 Gastos de recrutamento<span class=\"_ _1\"></span> 16.646 81.125 Seguros  253.679 587.589 Indemniza\u00e7\u00f5es<span class=\"_ _1\"></span> 947.355 1.149.505 Subs\u00eddio al<span class=\"_ _1\"></span>imenta\u00e7\u00e3o 119.481 124.142 A\u00e7\u00e3o social 961.539 913.170 3.616.214 3.721.285 N\u00famero de empregados no final do per\u00edodo Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>o n\u00fa<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Col<span class=\"_ _0\"></span>abor<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> v\u00ed<span class=\"_ _0\"></span>ncu<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>atual<span class=\"_ _0\"></span> \u00e0<span class=\"_ _0\"></span> Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> er<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>379<span class=\"_ _0\"></span> <span class=\"ls12\">e <span class=\"ls16\">426<span class=\"ls10\">, </span></span></span>resp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> 347 <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>rvi<span class=\"_ _0\"></span>\u00e7o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>esas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> (2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1: <span class=\"_ _0\"></span>4<span class=\"ls16\">10<span class=\"lsd\">).</span></span> Pol\u00edticas Contabil\u00edsticas Be<span class=\"_ _0\"></span>nef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>rega<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>urt<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>praz<span class=\"_ _0\"></span>o Dir<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> <span class=\"_ _0\"></span>f\u00e9r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> e s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>\u00eddi<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>f\u00e9r<span class=\"_ _0\"></span>ias </span></span>De <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>n\u00e7\u00e3<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>c\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>\u00e0 T<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>y, <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>os Tra<span class=\"_ _0\"></span>bal<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>t\u00ea<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span> dir<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>to a<span class=\"_ _0\"></span> 25<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> \u00fa<span class=\"_ _0\"></span>tei<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>\u00e9ri<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> bem<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> m\u00ea<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>s\u00eddi<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de f\u00e9<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> adq<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> seu<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>. Gr<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es De <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>stem<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>enh<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>ige<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ode<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>vir <span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> cas<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cum<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>jet<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>dir<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span> nor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>dqui<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>game<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o. Est<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>per\u00ed<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>preg<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>quir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> o re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>apar<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dos r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>epe<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>teme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>u p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> o s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>dar<span class=\"_ _0\"></span> \u00e0<span class=\"_ _0\"></span> dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a P<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>st\u00e1<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> ru<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ar (N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 4<span class=\"_ _0\"></span>.3)<span class=\"_ _0\"></span>. Be<span class=\"_ _0\"></span>nef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>ego<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>f\u00edc<span class=\"_ _0\"></span>ios <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>heci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r re<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ofer<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ef\u00ed<span class=\"_ _0\"></span>cios;<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u n<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>reco<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s g<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>trut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>\u00e2m<span class=\"_ _0\"></span>bito<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s. O<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>f\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>12 <span class=\"_ _0\"></span>mes<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> ap\u00f3<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>per\u00ed<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>epo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eu <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>. 7.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Bene<span class=\"_ _0\"></span>f\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>ega<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s </span></span>7.2.1<span class=\"lsaf\">. <span class=\"ls0\">Plano de benef\u00edcio d<span class=\"_ _1\"></span>efinido<span class=\"_ _1\"></span> </span></span>Pol\u00edtica<span class=\"_ _0\"></span> de gest\u00e3o do <span class=\"_ _0\"></span>risco associado a<span class=\"_ _0\"></span> planos de <span class=\"_ _0\"></span>benef\u00edcio <span class=\"_ _0\"></span>definido A exposi\u00e7\u00e3o <span class=\"_ _0\"></span>da Empr<span class=\"_ _0\"></span>esa ao risc<span class=\"_ _0\"></span>o encontra-s<span class=\"_ _0\"></span>e limitada <span class=\"_ _0\"></span>ao n\u00fame<span class=\"_ _0\"></span>ro de benef<span class=\"_ _0\"></span>ici\u00e1rios j\u00e1 ex<span class=\"_ _0\"></span>istentes <span class=\"_ _0\"></span>e ter\u00e1 t<span class=\"_ _0\"></span>end\u00eancia a d<span class=\"_ _0\"></span>iminu<span class=\"_ _0\"></span>ir, uma vez que <span class=\"_ _0\"></span>n\u00e3o existe<span class=\"_ _0\"></span>m na Emp<span class=\"_ _0\"></span>resa plano<span class=\"_ _0\"></span>s de ben<span class=\"_ _0\"></span>ef\u00edcio def<span class=\"_ _0\"></span>inido aber<span class=\"_ _0\"></span>tos \u00e0 ades<span class=\"_ _0\"></span>\u00e3o de novo<span class=\"_ _0\"></span>s empr<span class=\"_ _0\"></span>egados. Os riscos ma<span class=\"_ _0\"></span>is significa<span class=\"_ _0\"></span>tivos a q<span class=\"_ _0\"></span>ue a Emp<span class=\"_ _0\"></span>resa se e<span class=\"_ _0\"></span>ncontra <span class=\"_ _0\"></span>exposta atr<span class=\"_ _0\"></span>av\u00e9s do<span class=\"_ _0\"></span>s planos d<span class=\"_ _0\"></span>e benef<span class=\"_ _0\"></span>\u00ed<span class=\"_ _1\"></span>cio definido<span class=\"_ _0\"></span> incluem: i) Risco d<span class=\"_ _0\"></span>e altera\u00e7\u00e3o da <span class=\"_ _0\"></span>longevid<span class=\"_ _0\"></span>ade dos pa<span class=\"_ _0\"></span>rticipantes <span class=\"_ _0\"></span> ii) Risco d<span class=\"_ _0\"></span>e varia\u00e7\u00e3o da<span class=\"_ _0\"></span>s taxas d<span class=\"_ _0\"></span>e mercado <span class=\"ff9\">\u2013</span> <span class=\"_ _0\"></span>a varia\u00e7\u00e3o d<span class=\"_ _0\"></span>e taxa<span class=\"_ _0\"></span>s impacta a t<span class=\"_ _0\"></span>axa ut<span class=\"_ _0\"></span>ilizada para <span class=\"_ _0\"></span>descontar <span class=\"_ _0\"></span>as respon<span class=\"_ _0\"></span>sabilidades (taxa de j<span class=\"_ _0\"></span>uro t\u00e9cn<span class=\"_ _0\"></span>ica) que s<span class=\"_ _0\"></span>e baseia e<span class=\"_ _0\"></span>m curva<span class=\"_ _0\"></span>s de rentabilidad<span class=\"_ _0\"></span>e (yield<span class=\"_ _0\"></span>) de obriga<span class=\"_ _0\"></span>\u00e7\u00f5es com no<span class=\"_ _0\"></span>ta\u00e7\u00e3o <span class=\"_ _0\"></span>rating e<span class=\"_ _0\"></span>levado e co<span class=\"_ _0\"></span>m maturidad<span class=\"_ _0\"></span>es sem<span class=\"_ _0\"></span>elhantes \u00e0s d<span class=\"_ _0\"></span>atas de <span class=\"_ _0\"></span>termo da<span class=\"_ _0\"></span>s respons<span class=\"_ _0\"></span>abilidades <span class=\"_ _0\"></span>e a taxa f<span class=\"_ _0\"></span>ixa de re<span class=\"_ _0\"></span>ndimento d<span class=\"_ _0\"></span>os ativos. A <span class=\"_ _0\"></span>Empresa <span class=\"_ _0\"></span>utiliza curvas d<span class=\"_ _0\"></span>e mercado<span class=\"_ _0\"></span>, de form<span class=\"_ _0\"></span>a a acomp<span class=\"_ _0\"></span>anhar a <span class=\"_ _0\"></span>evolu\u00e7\u00e3o d<span class=\"_ _0\"></span>as taxas <span class=\"_ _0\"></span>e procede a a<span class=\"_ _0\"></span>n\u00e1lises de <span class=\"_ _0\"></span>sensibilidad<span class=\"_ _0\"></span>e a varia\u00e7\u00f5<span class=\"_ _0\"></span>es de taxa <span class=\"_ _0\"></span>de juro com o obj<span class=\"_ _0\"></span>etivo de an<span class=\"_ _0\"></span>tecipar e <span class=\"_ _0\"></span>acautelar o<span class=\"_ _0\"></span> conseq<span class=\"_ _0\"></span>uente imp<span class=\"_ _0\"></span>acto no n<span class=\"_ _0\"></span>\u00edvel de f<span class=\"_ _0\"></span>inanciamento d<span class=\"_ _0\"></span>o fu<span class=\"_ _0\"></span>ndo. iii) Risco de <span class=\"_ _0\"></span>altera\u00e7\u00e3o <span class=\"_ _0\"></span>da taxa d<span class=\"_ _0\"></span>e cresc<span class=\"_ _0\"></span>imento sa<span class=\"_ _0\"></span>larial e de p<span class=\"_ _0\"></span>ens\u00f5es  iv) Rentab<span class=\"_ _0\"></span>ilidade do<span class=\"_ _0\"></span>s ativos fina<span class=\"_ _0\"></span>nceiros do <span class=\"_ _0\"></span>fundo <span class=\"ff9\">\u2013</span> a <span class=\"_ _0\"></span>Empresa m<span class=\"_ _0\"></span>onitoriza de f<span class=\"_ _0\"></span>orma mu<span class=\"_ _0\"></span>ito pr\u00f3x<span class=\"_ _0\"></span>ima a evo<span class=\"_ _0\"></span>lu\u00e7\u00e3o dos a<span class=\"_ _0\"></span>tivos do fundo, bem <span class=\"_ _0\"></span>como <span class=\"_ _0\"></span>a evolu\u00e7\u00e3o d<span class=\"_ _0\"></span>os princip<span class=\"_ _0\"></span>ais indicado<span class=\"_ _0\"></span>res de m<span class=\"_ _0\"></span>ercados f<span class=\"_ _0\"></span>inanceiros, <span class=\"_ _0\"></span>revisitando <span class=\"_ _0\"></span>a po<span class=\"_ _0\"></span>l\u00edtica de inv<span class=\"_ _0\"></span>estimento apro<span class=\"_ _0\"></span>vad<span class=\"ls6a\">a </span>para a g<span class=\"_ _0\"></span>est\u00e3o dos at<span class=\"_ _0\"></span>ivos semp<span class=\"_ _0\"></span>re que <span class=\"_ _0\"></span>se justifiqu<span class=\"_ _0\"></span>e, e pelo m<span class=\"_ _0\"></span>enos de <span class=\"_ _0\"></span>tr\u00eas em tr<span class=\"_ _0\"></span>\u00eas anos. A p<span class=\"_ _0\"></span>ol\u00edtica d<span class=\"_ _0\"></span>e investim<span class=\"_ _0\"></span>ento es<span class=\"_ _0\"></span>t\u00e1 alinhada<span class=\"_ _0\"></span> com uma vis\u00e3o co<span class=\"_ _0\"></span>nservado<span class=\"_ _0\"></span>ra na g<span class=\"_ _0\"></span>est\u00e3o dos at<span class=\"_ _0\"></span>ivos e def<span class=\"_ _0\"></span>inida tendo p<span class=\"_ _0\"></span>or base <span class=\"_ _0\"></span>as respon<span class=\"_ _0\"></span>sabilidades <span class=\"_ _0\"></span>a financiar p<span class=\"_ _0\"></span>elo fundo. Responsabilidades l\u00edquidas As <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> l\u00ed<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ncei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> na <span class=\"_ _0\"></span>not<span class=\"_ _0\"></span>a 4<span class=\"_ _0\"></span>.2 <span class=\"_ _0\"></span>- Val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ece<span class=\"_ _3b\"></span>ber e<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>n\u00fam<span class=\"_ _0\"></span>ero <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>i\u00e1ri<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>nef\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m vi<span class=\"_ _0\"></span>gor<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>ham<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31/12/21 N\u00ba Benef. Valor N\u00ba Benef. Valor Responsabilidade<span class=\"_ _1\"></span>s por servi\u00e7os pa<span class=\"_ _1\"></span>ssados<span class=\"_ _1\"></span>    Ativos, inclu<span class=\"_ _1\"></span>indo contas ind<span class=\"_ _1\"></span>ividuais<span class=\"_ _1\"></span> 13 <span class=\"ls0\"> </span>696.188  13 <span class=\"ls0\"> </span>900.211     <span class=\"ls7d\">Ex</span>-participantes<span class=\"_ _1\"></span> 1 <span class=\"ls0\"> </span>391.388  1 <span class=\"ls0\"> </span>457.502     Aposentados 133 <span class=\"ls0\"> </span>12.672.980 <span class=\"_ _1\"></span> 143 <span class=\"ls0\"> </span>14.996.483 <span class=\"_ _1\"></span> Valor de mercado <span class=\"_ _1\"></span>dos fundos<span class=\"_ _1\"></span> (13.360.257) (16.798.826)<span class=\"_ _1\"></span> Total <span class=\"ls7a\">de</span> responsabilid<span class=\"_ _1\"></span>ades l\u00edqu<span class=\"_ _1\"></span>idas 147 <span class=\"ls0\"> </span>400.299  157 <span class=\"ls0\"> </span>(444.631) Informa\u00e7\u00e3o hist\u00f3rica <span class=\"ffa\">\u2013</span> \u00daltimos cinco anos Valores em Euros<span class=\"_ _1\"></span> 2018<span class=\"ls0\"> </span>2019<span class=\"ls0\"> </span>2020<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>2022<span class=\"ls0\"> </span>Valor presente das <span class=\"_ _1\"></span>obriga\u00e7\u00f5es <span class=\"_ _1\"></span> 16.609.101 <span class=\"_ _1\"></span> 17.339.850 <span class=\"_ _1\"></span> 17.087.861 <span class=\"_ _1\"></span> 16.354.196 <span class=\"_ _1\"></span> 13.760.556 <span class=\"_ _1\"></span> Justo valor dos at<span class=\"_ _1\"></span>ivos e conta Res<span class=\"_ _1\"></span>erva 15.544.240 <span class=\"_ _1\"></span> 16.409.644 <span class=\"_ _1\"></span> 15.924.756 <span class=\"_ _1\"></span> 16.798.826 <span class=\"_ _1\"></span> 13.360.257 <span class=\"_ _1\"></span> Excedente / (d<span class=\"_ _1\"></span>\u00e9fice) (1.064.861)<span class=\"_ _1\"></span> (930.206) (1.163.105)<span class=\"_ _1\"></span> 444.631  (400.299) Evolu\u00e7\u00e3o das responsabilidades com planos de benef\u00edcio definido  2022<span class=\"ls0\"> </span>Custo servi\u00e7os Custo  Desvios Pagamentos Saldo inici<span class=\"_ _0\"></span>al correntes dos juros atuariais efetuados Saldo final Valores em Euros<span class=\"_ _1\"></span> Pens\u00f5es com fundo<span class=\"_ _1\"></span> aut\u00f3nomo<span class=\"_ _1\"></span> 16.354.196 <span class=\"_ _1\"></span> 26.336  197.163  (1.624.388)<span class=\"_ _1\"></span> (1.192.751) 13.760.556 <span class=\"_ _1\"></span> 16.354.196 <span class=\"_ _1\"></span> 26.336  197.163  (1.624.388)<span class=\"_ _1\"></span> (1.192.751)<span class=\"_ _1\"></span> 13.760.556 <span class=\"_ _1\"></span> Custo servi\u00e7os Custo dos Desvios Pagamentos 2021<span class=\"ls0\"> </span>Saldo inici<span class=\"_ _0\"></span>al correntes juros atuariais efetuados Saldo final Valores em Euros<span class=\"_ _1\"></span> Pens\u00f5es com fundo<span class=\"_ _1\"></span> aut\u00f3nomo<span class=\"_ _1\"></span> 17.087.861 <span class=\"_ _1\"></span> 44.883  206.569  238.451  (1.223.568) 16.354.196 <span class=\"_ _1\"></span> 17.087.861 <span class=\"_ _1\"></span> 44.883  206.569  238.451  (1.223.568)<span class=\"_ _1\"></span> 16.354.196 <span class=\"_ _1\"></span> A d<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>\u00e9d<span class=\"_ _0\"></span>ia e<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>f\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>fini<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>8 <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1:<span class=\"_ _0\"></span> 10<span class=\"_ _0\"></span> ano<span class=\"_ _0\"></span>s)<span class=\"_ _0\"></span>. Fundos Fun<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s\u00f5<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ben<span class=\"_ _0\"></span>ef\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nido<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013</span> <span class=\"_ _0\"></span>Evo<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>\u00e7\u00e3o Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Valor no in\u00edcio<span class=\"_ _1\"></span> 16.798.826 <span class=\"_ _1\"></span> 15.924.756 <span class=\"_ _1\"></span> Dota\u00e7\u00e3o efetuada<span class=\"_ _1\"></span> -  1.390.000 <span class=\"_ _1\"></span> Rendimento esperad<span class=\"_ _1\"></span>o no exerc\u00edcio<span class=\"_ _1\"></span> 202.391  191.470  Remensura\u00e7\u00e3o <span class=\"_ _1\"></span> (2.448.209) 516.168  Pens\u00f5es pagas (1.192.751) (1.223.568) Valor no fim do pe<span class=\"_ _1\"></span>r\u00edodo 13.360.257 <span class=\"_ _1\"></span> 16.798.826 <span class=\"_ _1\"></span> No<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ui\u00e7<span class=\"_ _0\"></span>\u00f5es p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e b<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>f\u00edc<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>def<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ido apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>Dota<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> int<span class=\"_ _0\"></span>egr<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>\u00e3o se<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o ve<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>fica<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>quer<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bui\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s pa<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>mesm<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, pe<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>bor<span class=\"_ _3b\"></span>a exi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> ess<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>acu<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>. Fun<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pla<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>nef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>def<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> C<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ui\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pr\u00f3<span class=\"_ _0\"></span>ximo<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo </span></span>As <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ui\u00e7<span class=\"_ _0\"></span>\u00f5es <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3xi<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ato <span class=\"_ _0\"></span>anu<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>outr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tabi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>und<span class=\"_ _0\"></span>os. Fun<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pla<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>nef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>fini<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s -<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>m\u00f3n<span class=\"_ _0\"></span>io Valores em Euros<span class=\"_ _1\"></span> 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span> <span class=\"ls9d\">% </span><span class=\"fce sc0\"> </span>31/12/21  <span class=\"ls9d\">% </span><span class=\"fce sc0\"> </span>T\u00edtulos cotados e<span class=\"_ _1\"></span>m mercado at<span class=\"_ _1\"></span>ivo Obriga\u00e7\u00f5es<span class=\"_ _1\"></span> 8.215.933 <span class=\"_ _1\"></span> 61,5% 11.134.262 <span class=\"_ _1\"></span> 66,3% A\u00e7\u00f5es 3.279.544 <span class=\"_ _1\"></span> 24,5% 4.806.144 <span class=\"_ _1\"></span> 28,6% D\u00edvida p\u00fablica<span class=\"_ _1\"></span> 1.199.699 <span class=\"_ _1\"></span> 9,0% -  0,0% Liquidez<span class=\"_ _1\"></span> 217.119  1,6% 858.420  5,1% Outras aplica\u00e7\u00f5es<span class=\"_ _1\"></span> - curto prazo<span class=\"_ _1\"></span> 447.962  3,4% -  0,0% 13.360.257 <span class=\"_ _1\"></span> 100% 16.798.826 <span class=\"_ _1\"></span> 100% 7.2.2<span class=\"lsaf\">. <span class=\"ls0\">Gastos suportados c<span class=\"_ _1\"></span>om planos de <span class=\"_ _1\"></span>benef\u00edcios p\u00f3s <span class=\"_ _1\"></span>emprego<span class=\"_ _1\"></span> </span></span>2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Impacto Impacto no no Contribui\u00e7\u00e3o resultado Contribui\u00e7\u00e3o resultado Custo definida <span class=\"_ _1\"></span>-<span class=\"ls42\">  </span>l\u00edquido  Custo definida <span class=\"_ _1\"></span>-<span class=\"ls42\">  </span>l\u00edquido  servi\u00e7os Juro Contribui\u00e7\u00f5es (Nota servi\u00e7os Juro Contribui\u00e7\u00f5es (Nota Valores em Euros<span class=\"_ _1\"></span> correntes<span class=\"_ _1\"></span> l\u00edquido do per\u00edod<span class=\"_ _1\"></span>o 7.1) correntes<span class=\"_ _1\"></span> l\u00edquido do per\u00edod<span class=\"_ _1\"></span>o 7.1) Pens\u00f5es com fundo<span class=\"_ _1\"></span> aut\u00f3nomo<span class=\"_ _1\"></span> 26.336  (5.229) -  21.107  44.883  15.100  -  59.982  Planos de contr<span class=\"_ _1\"></span>ibui\u00e7\u00e3o defin<span class=\"_ _1\"></span>ida -  -  87.831  87.831  -  -  83.098  83.098  26.336  (5.229) 87.831  108.938  44.883  15.100  83.098  143.080  A 3<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bui\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a ab<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ngi<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>420<span class=\"_ _0\"></span> Col<span class=\"_ _3b\"></span>aborad<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> (2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span>: 4<span class=\"_ _0\"></span>71<span class=\"_ _0\"></span> Col<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>es) Pol\u00edticas Contabil\u00edsticas Ben<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> p\u00f3s<span class=\"_ _0\"></span>-e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>ego<span class=\"_ _0\"></span> -<span class=\"_ _0\"></span> Plan<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>f\u00edc<span class=\"_ _0\"></span>io d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>o A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>sso <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>r ao<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>egad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ni\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>t\u00edt<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pen<span class=\"_ _0\"></span>s\u00f5<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>elhi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>vali<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>z, <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>pad<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>e pe<span class=\"_ _0\"></span>ns\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span>viv<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>uindo<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nido<span class=\"_ _0\"></span>. A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>stit<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>u f<span class=\"_ _0\"></span>und<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>aut<span class=\"_ _0\"></span>\u00f3n<span class=\"_ _0\"></span>omos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span>e tot<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span>. C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> ba<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>todo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>uni<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>to pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>conh<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>stos<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bui\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ef\u00ed<span class=\"_ _0\"></span>cios<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>med<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>rvi<span class=\"_ _0\"></span>\u00e7os<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s pe<span class=\"_ _0\"></span>los<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ega<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Des<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>mod<span class=\"_ _0\"></span>o a <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>tot<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Empr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a \u00e9<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o me<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>sem<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, \u00e0<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ech<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ala<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tas, <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra cad<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>adam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te. A r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>dete<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> \u00e9 a<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>na d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span>duz<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fund<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>u\u00eddo<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> ru<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>abili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or b<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>f\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>os. Os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sv<span class=\"_ _0\"></span>ios <span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>iais<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sult<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>onsa<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mada<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o con<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>\u00eanci<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>era\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>aos <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>mog<span class=\"_ _0\"></span>r\u00e1<span class=\"_ _0\"></span>fico<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> gan<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>i\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>adic<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> o r<span class=\"_ _0\"></span>eto<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>uot<span class=\"_ _0\"></span>a-p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span> l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>regi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>egr<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ansi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>. O j<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o l<span class=\"_ _0\"></span>\u00edqu<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u00e0 apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>conto<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> l\u00edq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> (v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>des <span class=\"_ _0\"></span>ded<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>und<span class=\"_ _0\"></span>o) <span class=\"_ _0\"></span>e \u00e9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>o no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>asto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>al (<span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>7.1<span class=\"_ _0\"></span>). Os <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> liq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> pla<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>\u00f5es d<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>fini<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>esul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ando<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span> liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00e3o oco<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>. U<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ocor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>du\u00e7<span class=\"_ _0\"></span>\u00e3o m<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ial <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> n\u00fa<span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s. Os <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m da <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ple<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>ovo <span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> ou <span class=\"_ _0\"></span>acr<span class=\"_ _0\"></span>\u00e9<span class=\"_ _0\"></span>scim<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>. Ben<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> p\u00f3s<span class=\"_ _0\"></span>-e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>ego<span class=\"_ _0\"></span> -<span class=\"_ _0\"></span> Plan<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ontr<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>da A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>u c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>rom<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>sos<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00e0 c<span class=\"_ _0\"></span>ontr<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntri<span class=\"_ _0\"></span>bui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>a, de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tag<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s ve<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>gad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>abr<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s, p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>opo<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>r u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>comp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>ns\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ref<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>lhi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>nval<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>z e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span>viv<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>. Par<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>fora<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>tu\u00edd<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> Fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Pe<span class=\"_ _0\"></span>ns\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>sam<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>aque<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00f5es,<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s po<span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>uar<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ontr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ui\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> vol<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t\u00e1ri<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>, mas<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> qua<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>pons<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bui<span class=\"_ _0\"></span>\u00e7\u00e3o adi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>pr\u00e9-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>xad<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>sta <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a, a<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bui<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>stad<span class=\"_ _0\"></span>as com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>a liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00e3o. Estimativas e julgamentos Pr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>osto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>ais 31/12/22 31/12/21 F\u00f3rmula de Bene<span class=\"_ _1\"></span>f\u00edcios da Seguran<span class=\"_ _1\"></span>\u00e7a Social<span class=\"_ _1\"></span> Decreto-Lei n\u00ba<span class=\"_ _1\"></span> 187/2007 de 10<span class=\"_ _1\"></span> de maio<span class=\"_ _1\"></span> Tabelas de <span class=\"_ _1\"></span>invalidez   EKV 80  EKV 80  Tabelas de morta<span class=\"_ _1\"></span>lidade TV 88/90 TV 88/90 Taxa de juro t\u00e9cn<span class=\"_ _1\"></span>ica 3,50% 1,25% Taxa de crescimento<span class=\"_ _1\"></span> salarial<span class=\"_ _1\"></span> 2,00% 1,00% Taxa de remunera\u00e7\u00e3o<span class=\"_ _1\"></span> dos ativos d<span class=\"_ _1\"></span>os planos<span class=\"_ _1\"></span> 3,50% 1,25% Taxa de crescimento<span class=\"_ _1\"></span> das pens\u00f5es<span class=\"_ _1\"></span> 2,00% 1,00% An\u00e1<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>era <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>\u00e9c<span class=\"_ _0\"></span>nica<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>cime<span class=\"_ _3b\"></span>nto d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pen<span class=\"_ _0\"></span>s\u00f5<span class=\"_ _0\"></span>es e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>a com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>var<span class=\"_ _0\"></span>i\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>\u00e1lcu<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>onsa<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> pl<span class=\"_ _0\"></span>anos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>fini<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s.  Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m b<span class=\"_ _0\"></span>aix<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de 0<span class=\"_ _0\"></span>,5 <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cent<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>taxa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>tiliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a (<span class=\"_ _0\"></span>3,5<span class=\"_ _0\"></span>%)<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>c\u00e1l<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>lo d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> re<span class=\"_ _3b\"></span>spons<span class=\"_ _0\"></span>abili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>aria<span class=\"_ _0\"></span> um acr<span class=\"_ _0\"></span>\u00e9s<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>mo d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pon<span class=\"_ _0\"></span>sab<span class=\"_ _0\"></span>ilid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac54<span class=\"_ _0\"></span>3.<span class=\"_ _0\"></span>48<span class=\"_ _0\"></span>5 (e<span class=\"_ _0\"></span>m 3<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>zem<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em b<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>0,2<span class=\"_ _0\"></span>5 po<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntu<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s ori<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nar<span class=\"_ _0\"></span>ia u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>acr<span class=\"_ _0\"></span>\u00e9s<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>mo d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sab<span class=\"_ _0\"></span>ilid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es de<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e \u20ac<span class=\"_ _0\"></span><span class=\"ff1 ls16\">399<span class=\"ls0\">.516<span class=\"_ _0\"></span><span class=\"lsd\">).<span class=\"ls0\"> </span></span></span></span>Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>alta<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 0<span class=\"_ _0\"></span>,5 <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cent<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>tiliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a (<span class=\"_ _0\"></span>3,5<span class=\"_ _0\"></span>%)<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>c\u00e1l<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>lo d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>aria<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>abili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>des <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac5<span class=\"_ _0\"></span>40<span class=\"_ _0\"></span>.5<span class=\"_ _0\"></span>89<span class=\"ff1\"> <span class=\"_ _0\"></span>(e<span class=\"_ _0\"></span>m 31 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>zem<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma </span>alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>0,25<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>onto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rce<span class=\"_ _0\"></span>ntu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> ori<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nar<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>uma <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"ff9\">\u20ac<span class=\"_ _0\"></span><span class=\"ff1 ls16\">382<span class=\"ls0\">.788<span class=\"_ _0\"></span><span class=\"lsd\">).<span class=\"ls0\"> </span></span></span></span></span>Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m b<span class=\"_ _0\"></span>aix<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de 0<span class=\"_ _0\"></span>,5 <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cent<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>taxa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>esci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ada <span class=\"_ _0\"></span>(2%<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> c\u00e1l<span class=\"_ _0\"></span>cul<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>resp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sab<span class=\"_ _0\"></span>ilid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>\u00f5es or<span class=\"_ _0\"></span>igi<span class=\"_ _0\"></span>nari<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span><span class=\"lsd\">de<span class=\"ff9 ls0\">cr\u00e9<span class=\"_ _0\"></span>sci<span class=\"_ _0\"></span>mo d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cer<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac<span class=\"ff1 ls16\">489<span class=\"ls0\">.<span class=\"_ _0\"></span>928<span class=\"_ _0\"></span>. </span></span></span></span>Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>alta<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 0<span class=\"_ _0\"></span>,5 <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cent<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e cr<span class=\"_ _0\"></span>esci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ada <span class=\"_ _0\"></span>(2%<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> c\u00e1l<span class=\"_ _0\"></span>cul<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>resp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sab<span class=\"_ _0\"></span>ilid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ens\u00f5<span class=\"_ _0\"></span>es or<span class=\"_ _0\"></span>igi<span class=\"_ _0\"></span>nari<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>acr<span class=\"_ _0\"></span>\u00e9s<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>o <span class=\"ff9\">d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pon<span class=\"_ _0\"></span>sabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> cer<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>\u20ac5<span class=\"ff1 ls16\">20<span class=\"ls0\">.<span class=\"_ _0\"></span><span class=\"ls16\">239.<span class=\"ls0\"> </span></span></span></span></span>7.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Remu<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00d3r<span class=\"_ _0\"></span>g\u00e3<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> </span></span>So<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>is Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>\u00d3rg\u00e3os Sociais da<span class=\"_ _1\"></span> Navigator<span class=\"_ _1\"></span>   <span class=\"ls0\">Conselh<span class=\"_ _1\"></span>o de Administra\u00e7\u00e3<span class=\"_ _1\"></span>o </span>1.244.781 1.244.461   <span class=\"ls0\">Conselh<span class=\"_ _1\"></span>o Fiscal </span>46.284 46.284   <span class=\"ls0\">Conselh<span class=\"_ _1\"></span>o Ambiental  </span>57.250 33.500   <span class=\"ls0\">Mesa da Asse<span class=\"_ _1\"></span>mbleia Gera<span class=\"_ _1\"></span>l </span>7.000 4.000 1.355.315 1.328.245 Remunera\u00e7\u00e3o dos membros do Conselho de Administra\u00e7\u00e3o Tod<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ol\u00ed<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>sel<span class=\"_ _0\"></span>ho d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Admi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o Re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>\u00f3r<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gov<span class=\"_ _0\"></span>ern<span class=\"_ _0\"></span>o S<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Soci<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ade.<span class=\"_ _0\"></span> No<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>a be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>f\u00edc<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s p\u00f3s<span class=\"_ _0\"></span>-e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>ego<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 31 <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>deze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>nef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>\u00f3s<span class=\"_ _0\"></span>-em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>mini<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>or da <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>sce<span class=\"_ _0\"></span>n<span class=\"ff9\">di<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> \u20ac<span class=\"_ _0\"></span>827.<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>5<span class=\"ff1\"> <span class=\"_ _0\"></span>(31 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>zem<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span><span class=\"ff9\">: \u20ac<span class=\"_ _0\"></span>9<span class=\"ff1 ls16\">56<span class=\"ls0\">.7<span class=\"_ _0\"></span>64)<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>cion<span class=\"_ _0\"></span>alme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>\u00eas </span></span></span></span></span>do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>Ad<span class=\"_ _0\"></span>mini<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s s\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cipa<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pla<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Br<span class=\"_ _0\"></span>ands<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A.,<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>ria <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> So<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> qua<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>bor<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> daq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>cied<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>rar<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> car<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>admi<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>. Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>elat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>sel<span class=\"_ _0\"></span>ho <span class=\"_ _0\"></span>de Adm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or, n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tiam<span class=\"_ _0\"></span>: i<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>quai<span class=\"_ _0\"></span>sq<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> res<span class=\"_ _0\"></span>pon<span class=\"_ _0\"></span>sab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> adi<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>afet<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a out<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>bene<span class=\"_ _0\"></span>f\u00edc<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>ongo<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>raz<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>ii)<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>o, i<span class=\"_ _0\"></span>ii)<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>trib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> nem <span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>) q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>sq<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> sa<span class=\"_ _0\"></span>ldo<span class=\"_ _0\"></span>s pe<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.8.<span class=\"ffd ls0\"> <span class=\"_ _ab\"> </span><span class=\"ff3\">Ins<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>eiro<span class=\"_ _0\"></span>s </span></span>8.1.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Gest<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o </span></span>A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa, <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r,<span class=\"_ _0\"></span> tem<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m p<span class=\"_ _0\"></span>rog<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> sua<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>\u00e1li<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a at<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sem<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nim<span class=\"_ _0\"></span>izar<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>dv<span class=\"_ _0\"></span>ers<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>na s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>ce f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a. A<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nduz<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>re\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>rdo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>pol\u00ed<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ova<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>os r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s C<span class=\"_ _0\"></span>onse<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de Adm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>nhad<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Comi<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Ris<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>. A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ti<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a po<span class=\"_ _0\"></span>stur<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do r<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o, p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nimi<span class=\"_ _0\"></span>zar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s pot<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ais ef<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>adv<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sos<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ocia<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>nom<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>dame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>no q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>isco<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>. 8.1.1. Risco cam<span class=\"_ _1\"></span>bial Pol\u00edtica<span class=\"_ _0\"></span> de gest\u00e3o do <span class=\"_ _0\"></span>risco cambial Uma part<span class=\"_ _0\"></span>e significat<span class=\"_ _0\"></span>iva das ven<span class=\"_ _0\"></span>das da Emp<span class=\"_ _0\"></span>resa \u00e9 deno<span class=\"_ _0\"></span>minada <span class=\"_ _0\"></span>em moed<span class=\"_ _0\"></span>as diferen<span class=\"_ _0\"></span>tes do Euro<span class=\"_ _0\"></span>, pe<span class=\"_ _0\"></span>lo que a sua <span class=\"_ _0\"></span>evolu\u00e7\u00e3o pod<span class=\"_ _0\"></span>er\u00e1 <span class=\"_ _0\"></span>ter um impacto <span class=\"_ _0\"></span>significat<span class=\"_ _0\"></span>ivo nos f<span class=\"_ _0\"></span>luxos de ca<span class=\"_ _0\"></span>ixa obtidos com<span class=\"_ _0\"></span> as v<span class=\"_ _0\"></span>endas futuras<span class=\"_ _0\"></span> da Empr<span class=\"_ _0\"></span>esa, se<span class=\"_ _0\"></span>ndo a mo<span class=\"_ _0\"></span>eda com ma<span class=\"_ _0\"></span>ior impa<span class=\"_ _0\"></span>cto o USD. Tamb\u00e9m <span class=\"_ _0\"></span>as vendas <span class=\"_ _0\"></span>em GBP<span class=\"_ _0\"></span>, PLN e CH<span class=\"_ _0\"></span>F t\u00eam alg<span class=\"_ _0\"></span>uma expre<span class=\"_ _0\"></span>ss\u00e3o, tendo a<span class=\"_ _0\"></span>s vendas no<span class=\"_ _0\"></span>utras mo<span class=\"_ _0\"></span>edas m<span class=\"_ _0\"></span>enor sig<span class=\"_ _0\"></span>nificado. As compra<span class=\"_ _0\"></span>s de algum<span class=\"_ _0\"></span>as mat\u00e9<span class=\"_ _0\"></span>rias-primas <span class=\"_ _0\"></span>s\u00e3o efetuad<span class=\"_ _0\"></span>as em U<span class=\"_ _0\"></span>SD, nom<span class=\"_ _0\"></span>eadam<span class=\"_ _0\"></span>ente par<span class=\"_ _0\"></span>te das impo<span class=\"_ _0\"></span>rta\u00e7\u00f5es d<span class=\"_ _0\"></span>e madeira <span class=\"_ _0\"></span>e de pasta <span class=\"_ _0\"></span>de fibra longa, p<span class=\"_ _0\"></span>elo qu<span class=\"_ _0\"></span>e varia\u00e7\u00f5es <span class=\"_ _0\"></span>nesta mo<span class=\"_ _0\"></span>eda pod<span class=\"_ _0\"></span>er\u00e3o ter um <span class=\"_ _0\"></span>impacto <span class=\"_ _0\"></span>nos va<span class=\"_ _0\"></span>lores de aquisi\u00e7\u00e3o. Adicionalme<span class=\"_ _0\"></span>nte, e um<span class=\"_ _0\"></span>a vez conc<span class=\"_ _0\"></span>retizada um<span class=\"_ _0\"></span>a venda o<span class=\"_ _0\"></span>u compra <span class=\"_ _0\"></span>em moed<span class=\"_ _0\"></span>a diferent<span class=\"_ _0\"></span>e do Euro<span class=\"_ _0\"></span>, a Empres<span class=\"_ _0\"></span>a incorre <span class=\"_ _0\"></span>em risco <span class=\"_ _0\"></span>cambial at\u00e9 ao re<span class=\"_ _0\"></span>cebimento o<span class=\"_ _0\"></span>u pagam<span class=\"_ _0\"></span>ento dess<span class=\"_ _0\"></span>a venda ou co<span class=\"_ _0\"></span>mpra, c<span class=\"_ _0\"></span>aso n\u00e3o c<span class=\"_ _0\"></span>ontrate inst<span class=\"_ _0\"></span>rumentos <span class=\"_ _0\"></span>de co<span class=\"_ _0\"></span>bertura d<span class=\"_ _0\"></span>este risco. D<span class=\"_ _0\"></span>este mod<span class=\"_ _0\"></span>o, existe per<span class=\"_ _0\"></span>manentem<span class=\"_ _0\"></span>ente, no <span class=\"_ _0\"></span>seu ativo, um<span class=\"_ _0\"></span> mont<span class=\"_ _0\"></span>ante sign<span class=\"_ _0\"></span>ificativo de c<span class=\"_ _0\"></span>r\u00e9ditos a r<span class=\"_ _0\"></span>eceber, as<span class=\"_ _0\"></span>sim como<span class=\"_ _0\"></span>, embora co<span class=\"_ _0\"></span>m m<span class=\"_ _0\"></span>enor express\u00e3o<span class=\"_ _0\"></span>, d\u00e9bitos <span class=\"_ _0\"></span>a pagar, <span class=\"_ _0\"></span>expostos a r<span class=\"_ _0\"></span>isco camb<span class=\"_ _0\"></span>ial.  A Empresa d<span class=\"_ _0\"></span>et\u00e9m <span class=\"_ _0\"></span>subsidi\u00e1rias n<span class=\"_ _0\"></span>o estrang<span class=\"_ _0\"></span>eiro que <span class=\"_ _0\"></span>a exp\u00f5em ao<span class=\"_ _0\"></span> risco camb<span class=\"_ _0\"></span>ial, nom<span class=\"_ _0\"></span>eadame<span class=\"_ _0\"></span>nte a Navigator No<span class=\"_ _0\"></span>rth Am<span class=\"_ _0\"></span>erica nos Estados Un<span class=\"_ _0\"></span>idos e a Por<span class=\"_ _0\"></span>tucel Mo<span class=\"_ _0\"></span>\u00e7ambique. P<span class=\"_ _0\"></span>ara al\u00e9m d<span class=\"_ _0\"></span>estas o<span class=\"_ _0\"></span>pera\u00e7\u00f5<span class=\"_ _0\"></span>es, a Empr<span class=\"_ _0\"></span>esa n\u00e3o d<span class=\"_ _0\"></span>et\u00e9m mais <span class=\"_ _0\"></span>investime<span class=\"_ _0\"></span>ntos em op<span class=\"_ _0\"></span>era\u00e7\u00f5es<span class=\"_ _0\"></span> externas q<span class=\"_ _0\"></span>ue sejam m<span class=\"_ _0\"></span>ateria<span class=\"_ _0\"></span>lmente r<span class=\"_ _0\"></span>elevantes <span class=\"_ _0\"></span>e cujos at<span class=\"_ _0\"></span>ivos l\u00edquidos <span class=\"_ _0\"></span>estejam exp<span class=\"_ _0\"></span>ostos ao <span class=\"_ _0\"></span>risco camb<span class=\"_ _0\"></span>ial. Utiliza\u00e7\u00e3o<span class=\"_ _0\"></span> de instru<span class=\"_ _0\"></span>mentos<span class=\"_ _0\"></span> financeiro<span class=\"_ _0\"></span>s derivados<span class=\"_ _0\"></span> A Empresa r<span class=\"_ _0\"></span>ecorre <span class=\"_ _0\"></span>\u00e0 utiliza\u00e7\u00e3o<span class=\"_ _0\"></span> de instr<span class=\"_ _0\"></span>umentos f<span class=\"_ _0\"></span>inanceiros d<span class=\"_ _0\"></span>erivados p<span class=\"_ _0\"></span>ara a g<span class=\"_ _0\"></span>est\u00e3o do risco <span class=\"_ _0\"></span>cambial, d<span class=\"_ _0\"></span>e acordo<span class=\"_ _0\"></span> com um<span class=\"_ _0\"></span>a pol\u00edti<span class=\"lsb2\">ca </span>definida pe<span class=\"_ _0\"></span>riodicame<span class=\"_ _0\"></span>nte e que t<span class=\"_ _0\"></span>em como o<span class=\"_ _0\"></span>bjetivo lim<span class=\"_ _0\"></span>itar o r<span class=\"_ _0\"></span>isco l\u00edquido d<span class=\"_ _0\"></span>e exposi\u00e7\u00e3o camb<span class=\"_ _0\"></span>ial associado <span class=\"_ _0\"></span>\u00e0s vendas<span class=\"_ _0\"></span> e compr<span class=\"_ _0\"></span>as futuras, ao<span class=\"_ _0\"></span>s cr\u00e9ditos <span class=\"_ _0\"></span>e d\u00e9b<span class=\"_ _0\"></span>itos a receber <span class=\"_ _0\"></span>e a pag<span class=\"_ _0\"></span>ar e outro<span class=\"_ _0\"></span>s ativos de<span class=\"_ _0\"></span>nominados <span class=\"_ _0\"></span>em moed<span class=\"_ _0\"></span>as diferen<span class=\"_ _0\"></span>tes do Euro<span class=\"_ _0\"></span>. Nos per<span class=\"_ _0\"></span>\u00edodos aprese<span class=\"_ _0\"></span>ntados, a E<span class=\"_ _0\"></span>mpresa d<span class=\"_ _0\"></span>et\u00e9m de<span class=\"_ _0\"></span>rivados qu<span class=\"_ _0\"></span>e se encon<span class=\"_ _0\"></span>tram a c<span class=\"_ _0\"></span>obrir o risco <span class=\"_ _0\"></span>cambial d<span class=\"_ _0\"></span>e opera\u00e7\u00f5es futur<span class=\"_ _0\"></span>as em m<span class=\"_ _0\"></span>oeda diferente d<span class=\"_ _0\"></span>a moeda<span class=\"_ _0\"></span> de apres<span class=\"_ _0\"></span>enta\u00e7\u00e3o. Exposi\u00e7\u00e3o dos ativos e passivos financeiros ao risco cambial  e an\u00e1lise de sensibilidade  D\u00f3lar norte- Libra  Zloti   Franco   Total  31 de dezembro de 202<span class=\"_ _1\"></span>2 americano <span class=\"_ _0\"></span> esterlina  polaco  su\u00ed\u00e7o  (Euros)  Valores em Divisas<span class=\"_ _1\"></span> Caixa e equiva<span class=\"_ _1\"></span>lentes de caixa<span class=\"_ _1\"></span> 834.228  600.459  524.784  60.783  1.632.988 <span class=\"_ _1\"></span> Valores a receber<span class=\"_ _1\"></span> 95.245.898 <span class=\"_ _1\"></span> 27.203.259 <span class=\"_ _1\"></span> 22.284.073 <span class=\"_ _1\"></span> 3.171.682 <span class=\"_ _1\"></span> 127.951.572 <span class=\"_ _1\"></span> Total de ativos f<span class=\"_ _1\"></span>inanceiros<span class=\"_ _1\"></span> 96.080.126 <span class=\"_ _1\"></span> 27.803.718 <span class=\"_ _1\"></span> 22.808.857 <span class=\"_ _1\"></span> 3.232.465  129.584.560 <span class=\"_ _1\"></span> Valores a pagar<span class=\"_ _1\"></span> (51.526) (234.729) -  (30.685) (344.124) Total de pa<span class=\"_ _1\"></span>ssivos financeiros<span class=\"_ _1\"></span> (51.526) (234.729) -  (30.685) (344.124) Posi\u00e7\u00e3o finance<span class=\"_ _1\"></span>ira l\u00edquida e<span class=\"_ _1\"></span>m moeda 96.028.600 <span class=\"_ _1\"></span> 27.568.989 <span class=\"_ _1\"></span> 22.808.857 <span class=\"_ _1\"></span> 3.201.780  129.240.436 <span class=\"_ _1\"></span> estrangeira<span class=\"_ _1\"></span> Posi\u00e7\u00e3o finance<span class=\"_ _1\"></span>ira l\u00edquida e<span class=\"_ _1\"></span>m Euros 90.032.440 <span class=\"_ _1\"></span> 31.083.613 <span class=\"_ _1\"></span> 4.872.854  3.251.528  129.240.435 <span class=\"_ _1\"></span> Impacto da varia\u00e7\u00e3o d<span class=\"_ _1\"></span>e + 10%<span class=\"_ _1\"></span> em todas as taxas d<span class=\"_ _1\"></span>e c\u00e2mbio nos 11.749.131 <span class=\"_ _1\"></span> resultados do p<span class=\"_ _1\"></span>er\u00edodo Impacto da varia\u00e7\u00e3o d<span class=\"_ _1\"></span>e  -10<span class=\"_ _1\"></span>% em todas as taxas d<span class=\"_ _1\"></span>e c\u00e2mbio nos (14.360.048)<span class=\"_ _1\"></span> resultados do p<span class=\"_ _1\"></span>er\u00edodo  D\u00f3lar norte- Libra  Zloti   Franco   Total  31 de dezembro de 202<span class=\"_ _1\"></span>1 americano <span class=\"_ _0\"></span> esterlina  polaco  su\u00ed\u00e7o  (Euros)  Valores em Divisas<span class=\"_ _1\"></span> Caixa e equiva<span class=\"_ _1\"></span>lentes de caixa<span class=\"_ _1\"></span> 2.180.829 <span class=\"_ _1\"></span> 263.672  288.237  117.265  2.415.508 <span class=\"_ _1\"></span> Valores a receber<span class=\"_ _1\"></span> 111.969.488 <span class=\"_ _1\"></span> 16.861.333 <span class=\"_ _1\"></span> 10.996.016 <span class=\"_ _1\"></span> 1.397.421 <span class=\"_ _1\"></span> 122.671.601 <span class=\"_ _1\"></span> Total de ativos f<span class=\"_ _1\"></span>inanceiros<span class=\"_ _1\"></span> 114.150.317 <span class=\"_ _1\"></span> 17.125.005 <span class=\"_ _1\"></span> 11.284.253 <span class=\"_ _1\"></span> 1.514.686  125.087.108 <span class=\"_ _1\"></span> Valores a pagar<span class=\"_ _1\"></span> (5.701.640) (58.920) -  (36.545) (5.139.610) Total de pa<span class=\"_ _1\"></span>ssivos financeiros<span class=\"_ _1\"></span> (5.701.640)<span class=\"_ _1\"></span> (58.920) -  (36.545) (5.139.610)<span class=\"_ _1\"></span> Posi\u00e7\u00e3o finance<span class=\"_ _1\"></span>ira l\u00edquida e<span class=\"_ _1\"></span>m moeda 108.448.677 <span class=\"_ _1\"></span> 17.066.085 <span class=\"_ _1\"></span> 11.284.253 <span class=\"_ _1\"></span> 1.478.141  estrangeira<span class=\"_ _1\"></span> Posi\u00e7\u00e3o finance<span class=\"_ _1\"></span>ira l\u00edquida e<span class=\"_ _1\"></span>m Euros 95.751.966 <span class=\"_ _1\"></span> 20.309.997 <span class=\"_ _1\"></span> 2.454.753  1.430.782  119.947.498 <span class=\"_ _1\"></span> Impacto da varia\u00e7\u00e3o d<span class=\"_ _1\"></span>e + 10%<span class=\"_ _1\"></span> em todas as taxas d<span class=\"_ _1\"></span>e c\u00e2mbio nos 8.223.512  resultados do p<span class=\"_ _1\"></span>er\u00edodo Impacto da varia\u00e7\u00e3o d<span class=\"_ _1\"></span>e  -10<span class=\"_ _1\"></span>% em todas as taxas d<span class=\"_ _1\"></span>e c\u00e2mbio nos (10.199.055)<span class=\"_ _1\"></span> resultados do p<span class=\"_ _1\"></span>er\u00edodo Na <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa d<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ulg<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>o ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> cam<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>n\u00e1l<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sibi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>, ex<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>divi<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zou<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, m<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>que <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e b<span class=\"_ _0\"></span>ala<span class=\"_ _0\"></span>n\u00e7o,<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>sui<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00f5es <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>is re<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>az\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> as <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c\u00e2<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>o di<span class=\"_ _0\"></span>vu<span class=\"_ _0\"></span>lg<span class=\"_ _0\"></span>adas<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>1.<span class=\"_ _0\"></span>4.3<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> mai<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>n\u00fam<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>moe<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>not<span class=\"_ _0\"></span>a. 8.1.<span class=\"ls0\">2. Risco de<span class=\"_ _1\"></span> taxa de juro<span class=\"_ _1\"></span> </span>Pol\u00edtica<span class=\"_ _0\"></span> de gest\u00e3o do <span class=\"_ _0\"></span>risco de taxa d<span class=\"_ _0\"></span>e juro Uma part<span class=\"_ _0\"></span>e do custo a<span class=\"_ _0\"></span>ssoc<span class=\"_ _0\"></span>iado \u00e0 d\u00edvida f<span class=\"_ _0\"></span>inance<span class=\"_ _0\"></span>ira contra\u00edda p<span class=\"_ _0\"></span>ela Empr<span class=\"_ _0\"></span>esa est\u00e1 <span class=\"_ _0\"></span>indexada a <span class=\"_ _0\"></span>taxas de r<span class=\"_ _0\"></span>efer\u00eanc<span class=\"_ _0\"></span>ia de curto<span class=\"_ _0\"></span> prazo, revistas com <span class=\"_ _0\"></span>uma pe<span class=\"_ _0\"></span>riodicidad<span class=\"_ _0\"></span>e inferior a <span class=\"_ _0\"></span>um ano (<span class=\"_ _0\"></span>geralmen<span class=\"_ _0\"></span>te seis m<span class=\"_ _0\"></span>eses na d<span class=\"_ _0\"></span>\u00edvida de m<span class=\"_ _0\"></span>\u00e9dio e longo<span class=\"_ _0\"></span> prazo). <span class=\"_ _0\"></span>Deste mo<span class=\"_ _0\"></span>do, varia\u00e7\u00f5es n<span class=\"_ _0\"></span>as taxas d<span class=\"_ _0\"></span>e juro pod<span class=\"_ _0\"></span>em afetar o<span class=\"_ _0\"></span>s resu<span class=\"_ _0\"></span>ltados da Emp<span class=\"_ _0\"></span>resa. A estrat\u00e9g<span class=\"_ _0\"></span>ia de ges<span class=\"_ _0\"></span>t\u00e3o do r<span class=\"_ _0\"></span>isco de taxa d<span class=\"_ _0\"></span>e juro \u00e9 r<span class=\"_ _0\"></span>evista an<span class=\"_ _0\"></span>ualment<span class=\"_ _0\"></span>e pela Empr<span class=\"_ _0\"></span>esa, send<span class=\"_ _0\"></span>o que atu<span class=\"_ _0\"></span>almente <span class=\"_ _0\"></span>a Empr<span class=\"_ _0\"></span>esa mant\u00e9m<span class=\"_ _0\"></span> grande p<span class=\"_ _0\"></span>arte da s<span class=\"_ _0\"></span>ua d\u00edvida n<span class=\"_ _0\"></span>egociada <span class=\"_ _0\"></span>a taxa fixa<span class=\"_ _0\"></span>. Utiliza\u00e7\u00e3o<span class=\"_ _0\"></span> de instru<span class=\"_ _0\"></span>mentos<span class=\"_ _0\"></span> financeiros d<span class=\"_ _0\"></span>erivados<span class=\"_ _0\"></span> Nos caso<span class=\"_ _0\"></span>s em que a <span class=\"_ _0\"></span>Administr<span class=\"_ _0\"></span>a\u00e7\u00e3o cons<span class=\"_ _0\"></span>idera ad<span class=\"_ _0\"></span>equado, a Emp<span class=\"_ _0\"></span>resa r<span class=\"_ _0\"></span>ecorre \u00e0 <span class=\"_ _0\"></span>utiliza\u00e7\u00e3o d<span class=\"_ _0\"></span>e instrume<span class=\"_ _0\"></span>ntos financ<span class=\"_ _0\"></span>eiros der<span class=\"_ _0\"></span>ivados (Nota 8.2), <span class=\"_ _0\"></span>nomead<span class=\"_ _0\"></span>amente s<span class=\"_ _0\"></span>waps, tendo<span class=\"_ _0\"></span> estes <span class=\"_ _0\"></span>instrumentos <span class=\"_ _0\"></span>como o<span class=\"_ _0\"></span>bjetivo d<span class=\"_ _0\"></span>e fixar a taxa <span class=\"_ _0\"></span>de j<span class=\"_ _0\"></span>uro dos emp<span class=\"_ _0\"></span>r\u00e9stimos q<span class=\"_ _0\"></span>ue obt\u00e9m, dentro d<span class=\"_ _0\"></span>e determinado<span class=\"_ _0\"></span>s par\u00e2m<span class=\"_ _0\"></span>etros, con<span class=\"_ _0\"></span>siderado<span class=\"_ _0\"></span>s adequad<span class=\"_ _0\"></span>os pe<span class=\"_ _0\"></span>las pol\u00edticas d<span class=\"_ _0\"></span>e gest\u00e3o d<span class=\"_ _0\"></span>e risco <span class=\"_ _0\"></span>da Empresa<span class=\"_ _0\"></span>. Exposi\u00e7\u00e3o ao risco de taxa de juro A 3<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 6%<span class=\"_ _3b\"></span> (31 <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bro <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21<span class=\"lsd\">: </span>5%<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> d\u00edv<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00edd<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span> Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tav<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>xa<span class=\"_ _0\"></span>do a<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>r\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>to p<span class=\"_ _0\"></span>raz<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>feri<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> (g<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>lme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a d\u00ed<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>\u00e9d<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>e lo<span class=\"_ _0\"></span>ngo<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>o) e<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>iona<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>r\u00e9m<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>ego<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>m,<span class=\"_ _0\"></span> var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s nas<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e j<span class=\"_ _3b\"></span>uro p<span class=\"_ _0\"></span>ode<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa.<span class=\"_ _0\"></span> A N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>vil<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>ado a<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>d\u00edv<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>do \u00e0<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>deri<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>swa<span class=\"_ _0\"></span>ps<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> jur<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>o ob<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>xar<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>r\u00e9<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>s qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>obt<span class=\"_ _0\"></span>\u00e9m<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>rmi<span class=\"_ _3b\"></span>nados<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ar\u00e2<span class=\"_ _0\"></span>met<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>.  Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> 31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1, <span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> a r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de j<span class=\"_ _3b\"></span>uro e<span class=\"_ _0\"></span>m f<span class=\"_ _0\"></span>un\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>de re<span class=\"_ _0\"></span>fix<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>no q<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e: 3-12 Mais Valores em Euros<span class=\"_ _1\"></span>  At\u00e9 1 m\u00eas 1-3 mesesmeses 1-5 anosde 5 anos   Total A 31 de deze<span class=\"_ _1\"></span>mbro de 2022<span class=\"_ _1\"></span> Ativos Correntes Caixa e seus equ<span class=\"_ _1\"></span>ivalentes 390.640.161 - - - - 390.640.161 Total de ativos f<span class=\"_ _1\"></span>inanceiros<span class=\"_ _1\"></span> 390.640.161 - - - - 390.640.161 Passivos N\u00e3o correntes<span class=\"_ _1\"></span> Financiamentos<span class=\"_ _1\"></span> obtidos - - - 492.801.587 123.710.317 616.511.904 Correntes - Financiamentos<span class=\"_ _1\"></span> obtidos 297.339.235 49.857.143 25.218.254 - - 372.414.632 Total de pa<span class=\"_ _1\"></span>ssivos financeiros<span class=\"_ _1\"></span> 297.339.235 49.857.143 25.218.254 492.801.587 123.710.317 988.926.536 Diferencial acu<span class=\"_ _1\"></span>mulado 93.300.926 43.443.783 18.225.529 <span class=\"_ _1\"></span> (474.576.058)<span class=\"_ _1\"></span> (598.286.375)<span class=\"_ _1\"></span>  3-12  Mais  Valores em Euros<span class=\"_ _1\"></span>  At\u00e9 1 m\u00eas <span class=\"_ _0\"></span>  1-3 meses <span class=\"_ _0\"></span> meses   1-5 anos  de 5 anos  <span class=\"fce sc0\"> </span> Total  A 31 de deze<span class=\"_ _1\"></span>mbro de 2021<span class=\"_ _1\"></span><span class=\"fc4\"> </span>Ativos Correntes Caixa e seus equ<span class=\"_ _1\"></span>ivalentes 354.336.647 <span class=\"_ _1\"></span> -  -  -  -  354.336.647 <span class=\"_ _1\"></span> Total de ativos f<span class=\"_ _1\"></span>inanceiros<span class=\"_ _1\"></span> 354.336.647 <span class=\"_ _1\"></span> -  -  -  -  354.336.647 <span class=\"_ _1\"></span> Passivos N\u00e3o correntes<span class=\"_ _1\"></span> Financiamentos<span class=\"_ _1\"></span> obtidos -  -  -  647.913.901 <span class=\"_ _1\"></span> 32.202.381 <span class=\"_ _1\"></span> 680.116.282 <span class=\"_ _1\"></span> Correntes -  Financiamentos<span class=\"_ _1\"></span> obtidos -  115.218.254 <span class=\"_ _1\"></span> -  -  -  115.218.254 <span class=\"_ _1\"></span> Total de pa<span class=\"_ _1\"></span>ssivos financeiros<span class=\"_ _1\"></span> -  115.218.254 <span class=\"_ _1\"></span> -  647.913.901 <span class=\"_ _1\"></span> 32.202.381 <span class=\"_ _1\"></span> 795.334.536 <span class=\"_ _1\"></span> Diferencial acu<span class=\"_ _1\"></span>mulado 354.336.647 <span class=\"_ _1\"></span> 239.118.393 <span class=\"_ _1\"></span> 239.118.393 <span class=\"_ _1\"></span> (408.795.508)<span class=\"_ _1\"></span> (440.997.889)<span class=\"_ _1\"></span> Estimativas e julgamentos An\u00e1<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> A N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>za <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>\u00e9c<span class=\"_ _0\"></span>nic<span class=\"_ _0\"></span>a da<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>\u00e1li<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stima<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>os re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>is d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> aum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>dimi<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>diata<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rcad<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>ari\u00e1<span class=\"_ _0\"></span>veis<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>Est<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>n\u00e1l<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> ape<span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> il<span class=\"_ _0\"></span>ustr<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span>, j<span class=\"_ _0\"></span>\u00e1 q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00e1ti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> ra<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> se <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>isol<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>. A a<span class=\"_ _0\"></span>n\u00e1l<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sibi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> \u00e9 b<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ssup<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>: i)<span class=\"ls0\"> <span class=\"_ _4d\"> </span>Alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> jur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> </span>de<span class=\"_ _0\"></span> Ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> var<span class=\"_ _0\"></span>i\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s; ii) <span class=\"_ _35\"> </span>Alte<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>uro d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>afe<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> In<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ncei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>; iii<span class=\"_ _0\"></span>) <span class=\"_ _61\"> </span>Alte<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s no<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e In<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ncei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>eriv<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s e pas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>imad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>do o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>flu<span class=\"_ _0\"></span>xos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>aix<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>utur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> l\u00edq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>dos,<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>zan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nal <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o. Um <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 0<span class=\"_ _0\"></span>,50%<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ais s<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>lcu<span class=\"_ _0\"></span>lad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> jur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9sti<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ela <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> ter<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span> nos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eus<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> de im<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span><span class=\"ff9\">ca <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>\u20ac23<span class=\"_ _0\"></span>3.<span class=\"_ _0\"></span>333<span class=\"_ _0\"></span> (3<span class=\"_ _0\"></span>1<span class=\"ff1\"> <span class=\"_ _0\"></span>de </span></span>de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span>: \u20ac<span class=\"_ _0\"></span>10<span class=\"_ _0\"></span>6.2<span class=\"_ _0\"></span>50)<span class=\"_ _0\"></span>.8.1.<span class=\"ls0\">3. Risco de<span class=\"_ _1\"></span> liquidez<span class=\"_ _1\"></span> </span>Pol\u00edtica<span class=\"_ _0\"></span> de gest\u00e3o do <span class=\"_ _0\"></span>risco de liquid<span class=\"_ _0\"></span>ez A Empresa g<span class=\"_ _0\"></span>ere o r<span class=\"_ _0\"></span>isco de liqu<span class=\"_ _0\"></span>idez por dua<span class=\"_ _0\"></span>s vias<span class=\"ls6b\">: </span> i.<span class=\"ffb ls0\"> <span class=\"_ _2c\"> </span><span class=\"ff1\">garantindo que a <span class=\"_ _0\"></span>sua d\u00edvida f<span class=\"_ _0\"></span>inanc<span class=\"_ _0\"></span>eira tem um<span class=\"_ _0\"></span>a compon<span class=\"_ _0\"></span>ente ele<span class=\"_ _0\"></span>vada de m<span class=\"_ _0\"></span>\u00e9dio e longo p<span class=\"_ _0\"></span>razo <span class=\"_ _0\"></span>com matur<span class=\"_ _0\"></span>idades </span></span>adequadas <span class=\"_ _0\"></span>\u00e0s carac<span class=\"_ _0\"></span>ter\u00edsticas d<span class=\"_ _0\"></span>as ind\u00fastr<span class=\"_ _0\"></span>ias onde ex<span class=\"_ _0\"></span>erce a <span class=\"_ _0\"></span>sua atividade<span class=\"_ _0\"></span>, e ii.<span class=\"ffb\"> <span class=\"_ _9c\"> </span></span>atrav\u00e9s da con<span class=\"_ _0\"></span>trata\u00e7\u00e3o <span class=\"_ _0\"></span>com inst<span class=\"_ _0\"></span>itui\u00e7\u00f5es finan<span class=\"_ _0\"></span>ceiras d<span class=\"_ _0\"></span>e linhas d<span class=\"_ _0\"></span>e cr\u00e9dito dispon<span class=\"_ _0\"></span>\u00edveis a todo o<span class=\"_ _0\"></span> momen<span class=\"_ _0\"></span>to, por um montante q<span class=\"_ _0\"></span>ue garan<span class=\"_ _0\"></span>ta uma <span class=\"_ _0\"></span>liquidez adeq<span class=\"_ _0\"></span>uada. Cr\u00e9ditos <span class=\"_ _0\"></span>dispon\u00edv<span class=\"_ _0\"></span>eis e n\u00e3o<span class=\"_ _0\"></span> utilizados A Empresa t<span class=\"_ _0\"></span>em por p<span class=\"_ _0\"></span>ol\u00edtica m<span class=\"_ _0\"></span>anter linhas d<span class=\"_ _0\"></span>e cr\u00e9dito <span class=\"_ _0\"></span>em n\u00edv<span class=\"_ _0\"></span>eis adequ<span class=\"_ _0\"></span>ados para, j<span class=\"_ _0\"></span>untame<span class=\"_ _0\"></span>nte com o<span class=\"_ _0\"></span> montante <span class=\"_ _0\"></span>de Caixa <span class=\"_ _0\"></span>e Equivalente<span class=\"_ _0\"></span>s de form<span class=\"_ _0\"></span>a a garan<span class=\"_ _0\"></span>tir, com a<span class=\"_ _0\"></span>lguma marg<span class=\"_ _0\"></span>em de co<span class=\"_ _0\"></span>nforto, o <span class=\"_ _0\"></span>ciclo de t<span class=\"_ _0\"></span>esouraria p<span class=\"_ _0\"></span>revisto p<span class=\"_ _0\"></span>ara os pr\u00f3x<span class=\"_ _0\"></span>imos 12 m<span class=\"_ _0\"></span>eses. Maturidade contratual dos passivos financeiros  (fluxos n\u00e3o descontados, incluindo juros)  Mais  Valores em Euros<span class=\"_ _1\"></span>  At\u00e9 1 m\u00eas <span class=\"_ _0\"></span>  1-3 meses <span class=\"_ _0\"></span>  3-12 mes<span class=\"_ _0\"></span>es   1-5 anos  de 5 anos  <span class=\"fce sc0\"> </span> Total  A 31 de dezembr<span class=\"_ _1\"></span>o de 2022 Passivos Financiamentos<span class=\"_ _1\"></span> obtidos Empr\u00e9stimos por 420.000  10.257.500 <span class=\"_ _1\"></span> 19.942.100 <span class=\"_ _1\"></span> 341.457.650 <span class=\"_ _1\"></span> 101.310.000 <span class=\"_ _1\"></span> 473.387.250 <span class=\"_ _1\"></span> obriga\u00e7\u00f5es Papel comercial<span class=\"_ _1\"></span> -  35.994.000 <span class=\"_ _1\"></span> 745.500  107.733.500 <span class=\"_ _1\"></span> -  144.473.000 <span class=\"_ _1\"></span> Empr\u00e9stimos ban<span class=\"_ _1\"></span>c\u00e1rios<span class=\"_ _1\"></span> -  5.150.218 <span class=\"_ _1\"></span> 21.558.721 <span class=\"_ _1\"></span> 100.892.855 <span class=\"_ _1\"></span> 25.150.601 <span class=\"_ _1\"></span> 152.752.395 <span class=\"_ _1\"></span> Valores a pagar<span class=\"_ _1\"></span> Instrumentos finance<span class=\"_ _1\"></span>iros -  (1.074.976) (5.527.508) (23.610.571)<span class=\"_ _1\"></span> (620.632) (30.833.687)<span class=\"_ _1\"></span> derivados Total passivos<span class=\"_ _1\"></span> 420.000  50.326.742 <span class=\"_ _1\"></span> 36.718.813 <span class=\"_ _1\"></span> 526.473.434 <span class=\"_ _1\"></span> 125.839.969 <span class=\"_ _1\"></span> 739.778.958 <span class=\"_ _1\"></span> Dos quais juro<span class=\"_ _1\"></span>s (\u00e0s taxas 41.830.841 <span class=\"_ _1\"></span> em vigor \u00e0 d<span class=\"_ _1\"></span>ata)  Mais  Valores em Euros<span class=\"_ _1\"></span>  At\u00e9 1 m\u00eas <span class=\"_ _0\"></span>  1-3 meses <span class=\"_ _0\"></span>  3-12 mes<span class=\"_ _0\"></span>es   1-5 anos  de 5 anos  <span class=\"fce sc0\"> </span> Total  A 31 de dezembr<span class=\"_ _1\"></span>o de 2021 Passivos Financiamentos<span class=\"_ _1\"></span> obtidos Empr\u00e9stimos por 420.000  2.197.750 <span class=\"_ _1\"></span> 6.495.875 <span class=\"_ _1\"></span> 457.660.500 <span class=\"_ _1\"></span> -  466.774.124 <span class=\"_ _1\"></span> obriga\u00e7\u00f5es Papel comercial<span class=\"_ _1\"></span> 65.130.000 <span class=\"_ _1\"></span> 36.242.500 <span class=\"_ _1\"></span> 994.000  144.224.500 <span class=\"_ _1\"></span> -  246.590.999 <span class=\"_ _1\"></span> Empr\u00e9stimos ban<span class=\"_ _1\"></span>c\u00e1rios<span class=\"_ _1\"></span> -  552.000  13.495.740 <span class=\"_ _1\"></span> 80.570.487 <span class=\"_ _1\"></span> 33.462.507 <span class=\"_ _1\"></span> 128.080.735 <span class=\"_ _1\"></span> Valores a pagar<span class=\"_ _1\"></span> Instrumentos finance<span class=\"_ _1\"></span>iros -  1.185.597 <span class=\"_ _1\"></span> 1.259.307 <span class=\"_ _1\"></span> 323.238  -  2.768.142 <span class=\"_ _1\"></span> derivados Total passivos<span class=\"_ _1\"></span> 65.550.000 <span class=\"_ _1\"></span> 40.177.847 <span class=\"_ _1\"></span> 22.244.922 <span class=\"_ _1\"></span> 682.778.725 <span class=\"_ _1\"></span> 33.462.507 <span class=\"_ _1\"></span> 844.214.000 <span class=\"_ _1\"></span> Dos quais juro<span class=\"_ _1\"></span>s (\u00e0s taxas 37.408.448 <span class=\"_ _1\"></span> em vigor \u00e0 d<span class=\"_ _1\"></span>ata) O q<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>d\u00edv<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mit<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>\u00edvi<span class=\"_ _0\"></span>da d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ngo<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>mbol<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> ir<span class=\"_ _0\"></span>\u00e1 r<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span> d\u00ed<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>3 <span class=\"_ _0\"></span>(Li<span class=\"_ _0\"></span>nha<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>r\u00e9d<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>on\u00edv<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> n\u00e3o<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>). A <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntra<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>dos f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span> o c<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> cov<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>orme<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>alh<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 5<span class=\"_ _0\"></span>.6 <span class=\"_ _0\"></span><span class=\"ff15\">\u2013<span class=\"ff7\"> F<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anci<span class=\"_ _3b\"></span>ament<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> obti<span class=\"_ _3b\"></span>dos. </span></span>Linhas de cr\u00e9ditos dispon\u00edveis e n\u00e3o utilizadas Valores em Euros<span class=\"_ _1\"></span> 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>21<span class=\"ls0\"> </span>Linhas de cr\u00e9dit<span class=\"_ _1\"></span>o n\u00e3o utilizadas<span class=\"_ _1\"></span> Papel comercial (<span class=\"_ _1\"></span>com tomada f<span class=\"_ _1\"></span>irme de longo praz<span class=\"_ _1\"></span>o) 190.000.000 <span class=\"_ _1\"></span> 125.000.000 <span class=\"_ _1\"></span> Financiamentos<span class=\"_ _1\"></span> de longo prazo co<span class=\"_ _1\"></span>ntratados e n\u00e3o dese<span class=\"_ _1\"></span>mbolsados<span class=\"_ _1\"></span> -  -  Outras linhas de cr\u00e9<span class=\"_ _1\"></span>dito 20.450.714 <span class=\"_ _1\"></span> 20.450.714 <span class=\"_ _1\"></span> 210.450.714 <span class=\"_ _1\"></span> 145.450.714 <span class=\"_ _1\"></span> Papel comercial ut<span class=\"_ _1\"></span>ilizado (Nota<span class=\"_ _1\"></span> 5.6) 140.000.000 <span class=\"_ _1\"></span> 240.000.000 <span class=\"_ _1\"></span> Outras linhas de cr\u00e9d<span class=\"_ _1\"></span>ito utilizada<span class=\"_ _1\"></span>s 551.587.302 <span class=\"_ _1\"></span> 593.805.254 <span class=\"_ _1\"></span> Linhas de cr\u00e9d<span class=\"_ _1\"></span>ito contratadas <span class=\"_ _1\"></span>(valor nominal)<span class=\"_ _1\"></span> 902.038.016 <span class=\"_ _1\"></span> 979.255.968 <span class=\"_ _1\"></span> Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 o<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>gato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>supe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>seu<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te. Con<span class=\"_ _0\"></span>tud<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>l f<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>teme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nflu<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> sa<span class=\"_ _0\"></span>ldo<span class=\"_ _0\"></span>s a <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>i\u00e1<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>cuj<span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>\u00e9 com<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xig<span class=\"_ _0\"></span>ibili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cab<span class=\"_ _0\"></span>e ao<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>sel<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Adm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> Fa<span class=\"_ _0\"></span>z-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nda n<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>uide<span class=\"_ _0\"></span>z d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s <span class=\"ff7\">co<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>s<span class=\"ff1\"> d<span class=\"_ _0\"></span>a </span></span>sua<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>\u00edvi<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onf<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>o. 8.1.4. Risco de<span class=\"_ _1\"></span> cr\u00e9dito Pol\u00edtica<span class=\"_ _0\"></span> de gest\u00e3o do <span class=\"_ _0\"></span>risco de cr\u00e9dito A Empresa <span class=\"_ _0\"></span>encontra<span class=\"_ _0\"></span>-se sujeita <span class=\"_ _0\"></span>a risco de <span class=\"_ _0\"></span>cr\u00e9dito sobr<span class=\"_ _0\"></span>e os saldo<span class=\"_ _0\"></span>s a receb<span class=\"_ _0\"></span>er dos Clien<span class=\"_ _0\"></span>tes e a o<span class=\"_ _0\"></span>utros devedo<span class=\"_ _0\"></span>res, te<span class=\"_ _0\"></span>ndo adotado uma pol\u00edtica d<span class=\"_ _0\"></span>e gest\u00e3o d<span class=\"_ _3b\"></span>e<span class=\"_ _1\"></span> cober<span class=\"_ _0\"></span>tura de r<span class=\"_ _0\"></span>isco dent<span class=\"_ _0\"></span>ro de determ<span class=\"_ _0\"></span>inados n<span class=\"_ _0\"></span>\u00edveis atrav<span class=\"_ _0\"></span>\u00e9s de s<span class=\"_ _0\"></span>eguros de c<span class=\"_ _0\"></span>r\u00e9dito com <span class=\"_ _0\"></span>uma ent<span class=\"_ _0\"></span>idade independe<span class=\"_ _0\"></span>nte esp<span class=\"_ _0\"></span>ecializada.  A quase tot<span class=\"_ _0\"></span>alidade da<span class=\"_ _0\"></span>s vendas q<span class=\"_ _0\"></span>ue n\u00e3o <span class=\"_ _0\"></span>est\u00e3o abr<span class=\"_ _0\"></span>angidas por <span class=\"_ _0\"></span>um seg<span class=\"_ _0\"></span>uro de c<span class=\"_ _0\"></span>r\u00e9dito s\u00e3o cob<span class=\"_ _0\"></span>ertas <span class=\"_ _0\"></span>por garan<span class=\"_ _0\"></span>tias banc\u00e1<span class=\"_ _0\"></span>rias ou cr\u00e9ditos do<span class=\"_ _0\"></span>cument\u00e1r<span class=\"_ _0\"></span>ios, sendo <span class=\"_ _0\"></span>que qualq<span class=\"_ _0\"></span>uer expos<span class=\"_ _0\"></span>i\u00e7\u00e3o n\u00e3o cob<span class=\"_ _0\"></span>erta se en<span class=\"_ _0\"></span>contra de<span class=\"_ _0\"></span>ntro de lim<span class=\"_ _0\"></span>ites prev<span class=\"_ _0\"></span>iamente <span class=\"_ _0\"></span>aprovados p<span class=\"_ _0\"></span>ela Comiss\u00e3o Ex<span class=\"_ _0\"></span>ecutiva.<span class=\"_ _0\"></span> No entanto<span class=\"_ _0\"></span>, o agrava<span class=\"_ _0\"></span>mento d<span class=\"_ _0\"></span>as condi\u00e7\u00f5<span class=\"_ _0\"></span>es econ\u00f3m<span class=\"_ _0\"></span>icas globa<span class=\"_ _0\"></span>is ou adv<span class=\"_ _0\"></span>ersidades q<span class=\"_ _0\"></span>ue afet<span class=\"_ _0\"></span>em apenas <span class=\"_ _0\"></span>as econom<span class=\"_ _0\"></span>ias a um<span class=\"_ _0\"></span>a escala local pod<span class=\"_ _0\"></span>e originar um<span class=\"_ _0\"></span>a deterio<span class=\"_ _0\"></span>ra\u00e7\u00e3o na <span class=\"_ _0\"></span>capacid<span class=\"_ _0\"></span>ade dos Cli<span class=\"_ _0\"></span>entes da Emp<span class=\"_ _0\"></span>resa em <span class=\"_ _0\"></span>saldar a<span class=\"_ _0\"></span>s suas <span class=\"_ _0\"></span>obriga\u00e7\u00f5e<span class=\"_ _0\"></span>s, levando <span class=\"_ _0\"></span>a que as entidades q<span class=\"_ _0\"></span>ue prest<span class=\"_ _0\"></span>am o seguro<span class=\"_ _0\"></span> de cr\u00e9d<span class=\"_ _0\"></span>ito diminuam <span class=\"_ _0\"></span>significat<span class=\"_ _0\"></span>ivamente o m<span class=\"_ _0\"></span>ontant<span class=\"_ _0\"></span>e das linha<span class=\"_ _0\"></span>s que d<span class=\"_ _0\"></span>isponibilizam <span class=\"_ _0\"></span>para esse<span class=\"_ _0\"></span>s Clientes, o q<span class=\"_ _0\"></span>ue pode <span class=\"_ _0\"></span>resultar e<span class=\"_ _0\"></span>m limita\u00e7\u00f5<span class=\"_ _0\"></span>es nos mon<span class=\"_ _0\"></span>tantes q<span class=\"_ _0\"></span>ue se co<span class=\"_ _0\"></span>nseguem v<span class=\"_ _0\"></span>ender <span class=\"_ _0\"></span>a alguns C<span class=\"_ _0\"></span>lientes da E<span class=\"_ _0\"></span>mpresa, s<span class=\"_ _0\"></span>em incorre<span class=\"_ _0\"></span>r diretamen<span class=\"_ _0\"></span>te em n<span class=\"_ _0\"></span>\u00edveis de risco <span class=\"_ _0\"></span>de cr\u00e9dito <span class=\"_ _0\"></span>enquadr\u00e1v<span class=\"_ _0\"></span>eis na po<span class=\"_ _0\"></span>l\u00edtica de r<span class=\"_ _0\"></span>isco nesta \u00e1r<span class=\"_ _0\"></span>ea. Equivalent<span class=\"_ _0\"></span>es de ca<span class=\"_ _0\"></span>ixa A Empresa t<span class=\"_ _0\"></span>em um<span class=\"_ _0\"></span>a pol\u00edtica r<span class=\"_ _0\"></span>igorosa de <span class=\"_ _0\"></span>aprova\u00e7\u00e3<span class=\"_ _0\"></span>o das suas <span class=\"_ _0\"></span>contrapar<span class=\"_ _0\"></span>tes finan<span class=\"_ _0\"></span>ceiras, <span class=\"_ _0\"></span>limitando a su<span class=\"_ _0\"></span>a expos<span class=\"_ _0\"></span>i\u00e7\u00e3o de acordo<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> uma an\u00e1lise <span class=\"_ _0\"></span>individual d<span class=\"_ _0\"></span>e risco e com<span class=\"_ _0\"></span> plafond<span class=\"_ _0\"></span>s previame<span class=\"_ _0\"></span>nte apr<span class=\"_ _0\"></span>ovados. Exposi\u00e7\u00e3o m\u00e1xima ao risco de cr\u00e9dito A e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>\u00e1xi<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>orre<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>e ao<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r l\u00edq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>do d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>smo<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nfo<span class=\"_ _0\"></span>rme<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: Valores em Euros <span class=\"_ _1\"></span> 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31/12/21 N\u00e3o correntes<span class=\"_ _1\"></span> Valores a receber (<span class=\"_ _1\"></span>Nota 4.2) <span class=\"_ _1\"></span> 6.684  6.684  Correntes Valores a receber (<span class=\"_ _1\"></span>Nota 4.2) <span class=\"_ _1\"></span> 899.000.085 <span class=\"_ _1\"></span> 866.987.969 <span class=\"_ _1\"></span> Caixa e equiva<span class=\"_ _1\"></span>lentes de caixa (N<span class=\"_ _1\"></span>ota 5.8) <span class=\"_ _1\"></span> 390.640.161 <span class=\"_ _1\"></span> 354.336.647 <span class=\"_ _1\"></span> 1.289.646.930 <span class=\"_ _1\"></span> 1.221.331.300 <span class=\"_ _1\"></span> Estrutura de antiguidade dos saldos de Clientes Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>os s<span class=\"_ _0\"></span>ald<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Cl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tav<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>igu<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade,<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo r<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>r\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ncim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alore<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> abe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es: Valores em Euros <span class=\"_ _1\"></span> 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31/12/21 valores n\u00e3o venc<span class=\"_ _1\"></span>idos 243.223.269 <span class=\"_ _1\"></span> 177.898.470 <span class=\"_ _1\"></span> de<span class=\"ls0\"> 1 a 90 dias<span class=\"_ _1\"></span> </span>30.108.471 <span class=\"_ _1\"></span> 904.687  de<span class=\"ls0\"> 91 a 180 d<span class=\"_ _1\"></span>ias </span>330.827  68.708  de 181 a 360 dias<span class=\"_ _1\"></span> 176.147  27.892  de 361 a 540 dias<span class=\"_ _1\"></span> 58.893  -  de 541 a 720 dias<span class=\"_ _1\"></span> 2.974  -  a mais de 721 d<span class=\"_ _1\"></span>ias  -  -  273.900.581 <span class=\"_ _1\"></span> 178.899.757 <span class=\"_ _1\"></span> Saldos considerado<span class=\"_ _1\"></span>s em imparidad<span class=\"_ _1\"></span>e  5.893.593 <span class=\"_ _1\"></span> 1.452.954 <span class=\"_ _1\"></span> Imparidades <span class=\"_ _1\"></span> (5.893.593) (1.452.954) Saldo l\u00edquido d<span class=\"_ _1\"></span>e Clientes (No<span class=\"_ _1\"></span>ta 4.2) <span class=\"_ _1\"></span> 273.900.581 <span class=\"_ _1\"></span> 178.899.757 <span class=\"_ _1\"></span> Valores a receber de <span class=\"_ _1\"></span>Clientes <span class=\"_ _1\"></span>cobertos por seguro<span class=\"_ _1\"></span> de cr\u00e9dito<span class=\"_ _1\"></span> 248.861.097 <span class=\"_ _1\"></span> 165.019.240 <span class=\"_ _1\"></span> Valores a receber de <span class=\"_ _1\"></span>Clientes <span class=\"_ _1\"></span>cobertos por garant<span class=\"_ _1\"></span>ias banc\u00e1rias<span class=\"_ _1\"></span> 3.061.913 <span class=\"_ _1\"></span> 2.650.130 <span class=\"_ _1\"></span> Valores a receber de <span class=\"_ _1\"></span>Clientes <span class=\"_ _1\"></span>cobertos por acord<span class=\"_ _1\"></span>os de reserva de pro<span class=\"_ _1\"></span>priedade<span class=\"_ _1\"></span> 12.511.283 <span class=\"_ _1\"></span> 5.464.991 <span class=\"_ _1\"></span> Valores a receber de <span class=\"_ _1\"></span>Clientes <span class=\"_ _1\"></span>cobertos por cartas<span class=\"_ _1\"></span> de cr\u00e9dito / remess<span class=\"_ _1\"></span>as document\u00e1rias<span class=\"_ _45\"></span> 9.466.288 <span class=\"_ _1\"></span> 5.765.396 <span class=\"_ _1\"></span> Valores a receb<span class=\"_ _1\"></span>er cobertos <span class=\"_ _1\"></span> 273.900.581 <span class=\"_ _1\"></span> 178.899.757 <span class=\"_ _1\"></span> Linhas de segur<span class=\"_ _1\"></span>o de cr\u00e9dito disp<span class=\"_ _1\"></span>on\u00edveis n\u00e3o utili<span class=\"_ _1\"></span>zadas <span class=\"_ _1\"></span> 493.330.233 <span class=\"_ _1\"></span> 264.747.564 <span class=\"_ _1\"></span> Linhas de cobe<span class=\"_ _1\"></span>rtura de cr\u00e9dito <span class=\"_ _1\"></span>contratadas <span class=\"_ _1\"></span> 798.325.298 <span class=\"_ _1\"></span> 443.647.321 <span class=\"_ _1\"></span> Os <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>sent<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>pon<span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, f<span class=\"_ _0\"></span>ace<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>raz<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>. Ape<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> na <span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>alg<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>ce <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>azos<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> n\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ta,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cord<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> inf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhec<span class=\"_ _0\"></span>imen<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>fica<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e si<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>arid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ara <span class=\"_ _0\"></span>al\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>espo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rdas<span class=\"_ _0\"></span>. Est<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>gul<span class=\"_ _0\"></span>arme<span class=\"_ _3b\"></span>nte r<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>nida<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpor<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> Cl<span class=\"_ _0\"></span>ien<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>erm<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>conj<span class=\"_ _0\"></span>uga<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xpe<span class=\"_ _0\"></span>ri\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>na an\u00e1<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>jug<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>stro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>dito<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> ver<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>m,<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>\u00e0 s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>urad<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>def<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>hec<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>isti<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m g<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>anti<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>uma <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>igni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>aldos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>aber<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>, ju<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> ter<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>alqu<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de n<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> sa<span class=\"_ _0\"></span>ldo<span class=\"_ _0\"></span>s. R<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>risc<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>egu<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>bert<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>cati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ald<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>abe<span class=\"_ _0\"></span>rto<span class=\"_ _0\"></span>. Movimentos em perdas por imp<span class=\"_ _0\"></span>aridade acumuladas em Clientes Valores em Euros 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Imparidade<span class=\"_ _1\"></span>s acumuladas no i<span class=\"_ _1\"></span>n\u00edcio do p<span class=\"_ _1\"></span>er\u00edodo (1.452.954)<span class=\"_ _1\"></span> (1.249.988)<span class=\"_ _1\"></span> Varia\u00e7\u00f5es devid<span class=\"_ _1\"></span>as a: Aumentos reconhec<span class=\"_ _1\"></span>idos em resu<span class=\"_ _1\"></span>ltados do per\u00edodo<span class=\"_ _1\"></span> (3.268.851) (127.605) Revers\u00e3o de montan<span class=\"_ _1\"></span>tes n\u00e3o utili<span class=\"_ _1\"></span>zados <span class=\"_ _1\"></span> 1.283 44.011 Varia\u00e7\u00f5es reco<span class=\"_ _1\"></span>nhecidas em re<span class=\"_ _1\"></span>sultados do per\u00ed<span class=\"_ _1\"></span>odo<span class=\"_ _1\"></span> (3.267.568)<span class=\"_ _1\"></span> (83.594) Desreconhecimento<span class=\"_ _1\"></span> de ativos por incobrab<span class=\"_ _1\"></span>ilidade (1.173.071) (119.371) Imparidade<span class=\"_ _1\"></span>s acumuladas no fi<span class=\"_ _1\"></span>nal do pe<span class=\"_ _1\"></span>r\u00edodo<span class=\"_ _1\"></span> (5.893.593)<span class=\"_ _1\"></span> (1.452.954)<span class=\"_ _1\"></span> Pol\u00edticas Contabil\u00edsticas Imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>ncei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s A <span class=\"ls0\">Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>a,<span class=\"_ _0\"></span> nu<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>base<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a, a<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e cr<span class=\"_ _0\"></span>\u00e9d<span class=\"_ _0\"></span>ito <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ocia<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>seu<span class=\"_ _0\"></span>s </span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> out<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rdo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> IFR<span class=\"_ _0\"></span>S 9<span class=\"_ _0\"></span>. Ne<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>onhe<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>to e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> (<span class=\"ff7\">e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>ecte<span class=\"_ _0\"></span>d <span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span> los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s<span class=\"ff1\">) <span class=\"_ _0\"></span>ao </span></span>lo<span class=\"_ _0\"></span>ngo<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>o ob<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>liad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>num<span class=\"_ _0\"></span>a b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> ind<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> ou <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>let<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>a, t<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rma\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>sus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s, i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lui<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ospe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>pon\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>. Se,<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>risc<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>inst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> ti<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span> aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>nifi<span class=\"_ _0\"></span>cat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esd<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhec<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nici<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ura <span class=\"_ _0\"></span>a im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>uiv<span class=\"_ _0\"></span>ale<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>erda<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e cr<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>. A IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>v\u00ea<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>o c\u00e1<span class=\"_ _0\"></span>lcu<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>seja<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>iliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>doi<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>odel<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>: m\u00e9<span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>3 <span class=\"_ _0\"></span>fas<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> us<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>riz<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>compo<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>st\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>u n<span class=\"_ _0\"></span>\u00e3o de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nifi<span class=\"_ _0\"></span>cat<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>. N<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>caso<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ncei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r,<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>esma<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tui\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceira<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue t<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ham<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>nifi<span class=\"_ _0\"></span>cat<span class=\"_ _0\"></span>iva <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>pto<span class=\"_ _0\"></span>u-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>riz.<span class=\"_ _0\"></span> O m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ordo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span>\u00e9 c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ue: i.<span class=\"_ _af\"> </span><span class=\"ls0\">Calcu<span class=\"_ _0\"></span>lar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>otal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a cr<span class=\"_ _0\"></span>\u00e9d<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>dur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00falti<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>12</span>me<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>im <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>o mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>duv<span class=\"_ _0\"></span>idos<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>hes<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>cia;ii.<span class=\"ffb ls0\"> <span class=\"_ _9c\"> </span><span class=\"ff1\">Apu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>r o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>erf<span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>Cli<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es,<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nind<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rva<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>odi<span class=\"_ _0\"></span>cida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> </span></span>re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>; iii<span class=\"_ _0\"></span>.<span class=\"ffb\"> <span class=\"_ _2c\"> </span></span>Com <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> I. <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>II. <span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ma,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mar<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oba<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span><span class=\"ff7\">def<span class=\"_ _0\"></span>aul<span class=\"_ _0\"></span>t<span class=\"ff1\"> (<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>ja,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> </span></span>de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>bra<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>uvid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>pur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m I.<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>aldo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> abe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m cad<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>alc<span class=\"_ _0\"></span>ulad<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m I<span class=\"_ _0\"></span>I);<span class=\"_ _0\"></span> iv<span class=\"_ _0\"></span>.<span class=\"ffb\"> <span class=\"_ _2c\"> </span></span>Ajus<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cent<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>tidas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>III. d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oj<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>as; v.<span class=\"ffb ls0\"> <span class=\"_ _2c\"> </span><span class=\"ff1\">Apli<span class=\"_ _0\"></span>car<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s pe<span class=\"_ _0\"></span>rce<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>age<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff7\">de<span class=\"_ _0\"></span>fau<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span><span class=\"ff1\"> co<span class=\"_ _0\"></span>nfor<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>alcu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> em IV<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ald<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Cl<span class=\"_ _0\"></span>ien<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s </span></span></span></span>ain<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>. Ape<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>IFRS<span class=\"_ _0\"></span> 9 <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>umi<span class=\"_ _0\"></span>r 90<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo <span class=\"_ _0\"></span>\u201c<span class=\"ff7\">d<span class=\"_ _0\"></span>efa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t<span class=\"ff9\">\u201d,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>igat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> 180<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s, po<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> a </span></span>ex<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>i\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>duz<span class=\"_ _0\"></span>ida,<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>\u00e9m<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e se<span class=\"_ _3b\"></span> enco<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> ali<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> as <span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ol\u00ed<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>mea<span class=\"_ _0\"></span>dam<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>z r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pei<span class=\"_ _0\"></span>to ao<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>trat<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpo<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ament<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e0 l<span class=\"_ _0\"></span>uz<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _0\"></span>5.<span class=\"_ _0\"></span> Ad<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>onal<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>vali<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> o i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span><span class=\"ff9\">nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> 18<span class=\"_ _0\"></span>0 d<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u201c<span class=\"ff7\">d<span class=\"_ _0\"></span>efa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t<span class=\"ff9\">\u201d <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>det<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 90 d<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>\u201c<span class=\"ff7\">Ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>cte<span class=\"_ _0\"></span>d <span class=\"_ _0\"></span>Credi<span class=\"_ _0\"></span>t <span class=\"_ _0\"></span>Loss<span class=\"_ _0\"></span><span class=\"ff9\">\u201d n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> </span></span></span></span></span>alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>cat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>. Al\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>odel<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ela <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>caso<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e si<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ora <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>atad<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 10<span class=\"_ _0\"></span>% <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a Cl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>nac<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>5% <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a Cli<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nter<span class=\"_ _0\"></span>naci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>. Fac<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u00e0 s<span class=\"_ _0\"></span>itu<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>do c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>fli<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>mili<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r n<span class=\"_ _0\"></span>a U<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>\u00e2nia<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>isco<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e cr<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, con<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>acto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>n\u00f3m<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>o-f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>mac<span class=\"_ _0\"></span>roe<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n\u00f3mi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>. Ne<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>refe<span class=\"_ _0\"></span>r\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2,<span class=\"_ _0\"></span> foi<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>r\u00e7<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> o v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>de re<span class=\"_ _0\"></span>cup<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>abili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> \u20ac1<span class=\"_ _0\"></span>.17<span class=\"_ _0\"></span>1.78<span class=\"_ _0\"></span>8 <span class=\"_ _0\"></span>(3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>020<span class=\"_ _0\"></span>: <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>\u20ac1<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>.146<span class=\"_ _0\"></span>).<span class=\"ff1\"> </span>Al\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>so,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>conhe<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>su\u00ed<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> sal<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c\u00edfi<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ev<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>sado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>ec\u00ed<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>onta<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> hi<span class=\"_ _0\"></span>st\u00f3<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>as con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>apa<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>es,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>u pe<span class=\"_ _0\"></span>rfi<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ros <span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>v\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ir <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>iste<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dica<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> obj<span class=\"_ _3b\"></span>etivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de i<span class=\"_ _0\"></span>mpar<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>inan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>. A <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a o pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>anu<span class=\"_ _0\"></span>la\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>(<span class=\"ff7\">wr<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>-o<span class=\"_ _0\"></span>ff<span class=\"ff1\">)<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>niti<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te </span></span>in<span class=\"_ _0\"></span>cobr<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>, po<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>unal<span class=\"_ _3b\"></span>.<span class=\"_ _1\"></span> 8.2.<span class=\"ffd ls0\"> <span class=\"_ _3f\"> </span><span class=\"ff3\">Ins<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>rum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>riva<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s </span></span>Movimentos em instrumentos financeiros derivados 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span> Derivados  Derivados  Derivados  Derivados de de  Total de de  Total Valores em Euros<span class=\"_ _1\"></span> negocia\u00e7\u00e3o <span class=\"_ _0\"></span> cobertura <span class=\"_ _0\"></span> l\u00edquido  negocia\u00e7\u00e3o  cobertura <span class=\"_ _0\"></span> l\u00edquido  Saldo no in\u00edcio do p<span class=\"_ _1\"></span>er\u00edodo<span class=\"_ _1\"></span> (1.728.458)<span class=\"_ _1\"></span> (4.771.149)<span class=\"_ _1\"></span> (6.499.607)<span class=\"_ _1\"></span> 3.160.131  (5.336.693)<span class=\"_ _1\"></span> (2.176.562)<span class=\"_ _1\"></span> Novos contratos / <span class=\"_ _1\"></span>liquida\u00e7\u00f5es<span class=\"_ _1\"></span> 2.911.822 <span class=\"_ _1\"></span> (1.409.252) 1.502.569 <span class=\"_ _1\"></span> (623.573)<span class=\"_ _1\"></span> 2.326.438 <span class=\"_ _1\"></span> 1.702.865 <span class=\"_ _1\"></span> Varia\u00e7\u00e3o de just<span class=\"_ _1\"></span>o valor em resulta<span class=\"_ _1\"></span>dos (4.289.597) (1.504.772) (5.794.369) (4.265.016)<span class=\"_ _1\"></span> (3.191.640) (7.456.656) (Nota 5.10) Varia\u00e7\u00e3o de just<span class=\"_ _1\"></span>o valor em outro<span class=\"_ _1\"></span> -  54.623.316 <span class=\"_ _1\"></span> 54.623.316 <span class=\"_ _1\"></span> -  1.430.747 <span class=\"_ _1\"></span> 1.430.747 <span class=\"_ _1\"></span> rendimento integra<span class=\"_ _1\"></span>l (Nota 5.5<span class=\"_ _1\"></span>) Saldo no final do <span class=\"_ _1\"></span>per\u00edodo<span class=\"_ _1\"></span> (3.106.233)<span class=\"_ _1\"></span> 46.938.143 <span class=\"_ _1\"></span> 43.831.910 <span class=\"_ _1\"></span> (1.728.458)<span class=\"_ _1\"></span> (4.771.149)<span class=\"_ _1\"></span> (6.499.607)<span class=\"_ _1\"></span> Dos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vado<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>stab<span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>afet<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>m <span class=\"ls15\">a </span>mar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>\u20ac<span class=\"ff1\">28.<span class=\"_ _0\"></span>40<span class=\"_ _0\"></span>5.4<span class=\"_ _0\"></span>70<span class=\"_ _0\"></span>. </span>8.2.1.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Deta<span class=\"_ _1\"></span>lhe e maturid<span class=\"_ _1\"></span>ade dos instrumentos<span class=\"_ _1\"></span> financeiros <span class=\"_ _1\"></span>derivados </span>por natureza<span class=\"_ _1\"></span> 31 de dezembro de 202<span class=\"_ _1\"></span>2<span class=\"fs16 fc5\"> </span> Positivos <span class=\"_ _0\"></span>  Negativos Valores em Euros<span class=\"_ _1\"></span>  Nocional <span class=\"_ _0\"></span>  Moeda   Maturidad<span class=\"_ _0\"></span>e  (Nota 4.2)  (Nota 4.3) <span class=\"_ _0\"></span>  L\u00edquido  De cobertura<span class=\"_ _1\"></span> Cobertura (vendas futu<span class=\"_ _1\"></span>ras)<span class=\"_ _1\"></span> 345.000.000 <span class=\"_ _1\"></span> USD 2023<span class=\"ls0\"> </span>6.011.256 <span class=\"_ _1\"></span> -  6.011.256 <span class=\"_ _1\"></span> Cobertura (vendas futu<span class=\"_ _1\"></span>ras)<span class=\"_ _1\"></span> 144.000.000 <span class=\"_ _1\"></span> GBP 2023<span class=\"ls0\"> </span>1.294.665 <span class=\"_ _1\"></span> -  1.294.665 <span class=\"_ _1\"></span> Swaps de taxa de jur<span class=\"_ _1\"></span>o (Swaps) -<span class=\"_ _1\"></span> Obriga\u00e7\u00f5e<span class=\"_ _1\"></span>s 375.000.000 <span class=\"_ _1\"></span> EUR 2028<span class=\"ls0\"> </span>31.949.130 <span class=\"_ _1\"></span> -  31.949.130 <span class=\"_ _1\"></span> Pasta BHKP<span class=\"_ _1\"></span> 50.521.199 <span class=\"_ _1\"></span> EUR 2023<span class=\"ls0\"> </span>7.683.092 <span class=\"_ _1\"></span> -  7.683.092 <span class=\"_ _1\"></span> 46.938.143 <span class=\"_ _1\"></span> -  46.938.143 <span class=\"_ _1\"></span> De negocia\u00e7\u00e3o<span class=\"_ _1\"></span> Forwards<span class=\"ff1\"> camb<span class=\"_ _1\"></span>iais (vendas futuras)<span class=\"_ _1\"></span> </span>76.977.456 <span class=\"_ _1\"></span> USD 2023<span class=\"ls0\"> </span>1.325.016 <span class=\"_ _1\"></span> (4.679.289) (3.354.273) Forwards<span class=\"ff1\"> camb<span class=\"_ _1\"></span>iais (vendas futuras)<span class=\"_ _1\"></span> </span>18.800.000 <span class=\"_ _1\"></span> GBP 2023<span class=\"ls0\"> </span>251.284  -  251.284  Forwards<span class=\"ff1\"> camb<span class=\"_ _1\"></span>iais (vendas futuras)<span class=\"_ _1\"></span> </span>1.750.000 <span class=\"_ _1\"></span> CHF<span class=\"ls0\"> </span>2023<span class=\"ls0\"> </span>-  (3.244) (3.244) 1.576.300  (4.682.533)<span class=\"_ _1\"></span> (3.106.233)<span class=\"_ _1\"></span> 48.514.443 <span class=\"_ _1\"></span> (4.682.533)<span class=\"_ _1\"></span> 43.831.910 <span class=\"_ _1\"></span> 31 de dezembro de 202<span class=\"_ _1\"></span>1<span class=\"fs16\"> </span> Positivos  Negativos Valores em Euros<span class=\"_ _1\"></span>  Nocional <span class=\"_ _0\"></span>  Moeda   Maturidad<span class=\"_ _0\"></span>e  (Nota 4.2)  (Nota 4.3) <span class=\"_ _0\"></span>  L\u00edquido  De cobertura<span class=\"_ _1\"></span> Cobertura (vendas futu<span class=\"_ _1\"></span>ras)<span class=\"_ _1\"></span> 242.500.000 <span class=\"_ _1\"></span> USD 2022<span class=\"ls0\"> </span>9.066  (1.426.675) (1.417.609) Cobertura (vendas futu<span class=\"_ _1\"></span>ras)<span class=\"_ _1\"></span> 83.000.000 <span class=\"_ _1\"></span> GBP 2022<span class=\"ls0\"> </span>-  (483.940) (483.940) Swaps de taxa de jur<span class=\"_ _1\"></span>o (Swaps) -<span class=\"_ _1\"></span> 375.000.000 <span class=\"_ _1\"></span> EUR 2026<span class=\"ls0\"> </span>1.621.916 <span class=\"_ _1\"></span> (2.804.403) (1.182.487) Obriga\u00e7\u00f5es<span class=\"_ _1\"></span> Pasta BHKP<span class=\"_ _1\"></span> 27.120.000 <span class=\"_ _1\"></span> USD 2022<span class=\"ls0\"> </span>-  (1.687.112) (1.687.112) 1.630.982  (6.402.130)<span class=\"_ _1\"></span> (4.771.148)<span class=\"_ _1\"></span> De negocia\u00e7\u00e3o<span class=\"_ _1\"></span> Forwards<span class=\"ff1\"> camb<span class=\"_ _1\"></span>iais (vendas futuras)<span class=\"_ _1\"></span> </span>129.745.503 <span class=\"_ _1\"></span> USD 2023<span class=\"ls0\"> </span>-  (1.640.154) (1.640.154) Forwards<span class=\"ff1\"> camb<span class=\"_ _1\"></span>iais (vendas futuras)<span class=\"_ _1\"></span> </span>9.050.000 <span class=\"_ _1\"></span> GBP 2021<span class=\"ls0\"> </span>-  (86.856) (86.856) Forwards<span class=\"ff1\"> camb<span class=\"_ _1\"></span>iais (vendas futuras)<span class=\"_ _1\"></span> </span>300.000  CHF<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>-  (1.448) (1.448) -  (1.728.458)<span class=\"_ _1\"></span> (1.728.458)<span class=\"_ _1\"></span> 1.630.982  (8.130.589)<span class=\"_ _1\"></span> (6.499.607)<span class=\"_ _1\"></span> Cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ndas<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> <span class=\"lsd\">| </span>ri<span class=\"_ _0\"></span>sco <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>bia<span class=\"_ _0\"></span>l E<span class=\"_ _0\"></span>UR/<span class=\"_ _0\"></span>USD<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> EU<span class=\"_ _0\"></span>R/<span class=\"_ _0\"></span>GBP<span class=\"_ _0\"></span> No<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>rer<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00falti<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>sem<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>uiu<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntra<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>rume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>rin<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> US<span class=\"_ _0\"></span>D 3<span class=\"_ _0\"></span>45<span class=\"_ _0\"></span>.000<span class=\"_ _0\"></span>.0<span class=\"_ _0\"></span>00 e<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>BP 1<span class=\"_ _0\"></span>44<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>000,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Zero<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>st <span class=\"_ _0\"></span>Col<span class=\"_ _0\"></span>lar<span class=\"_ _0\"></span>, gar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>sim<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cobe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>do d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>exe<span class=\"_ _0\"></span>rc\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>023<span class=\"_ _0\"></span>. Cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span><span class=\"ls96\">de<span class=\"ls0\"> t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o </span></span>No<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>rer<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>trime<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> doi<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> sw<span class=\"_ _0\"></span>aps<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac7<span class=\"_ _0\"></span>5.0<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>.000<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>ixa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9s<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>o ob<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>gac<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ista<span class=\"_ _0\"></span> Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2-<span class=\"ff9\">2<span class=\"_ _0\"></span>028<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>no m<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u20ac15<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>000<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0, <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>n\u00edci<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span><span class=\"ff1\">jun<span class=\"_ _0\"></span>ho <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2<span class=\"ls10\">. </span> </span></span>Estimativas e julgamentos Jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>trum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os Sem<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>oss\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>o ju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tima<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>em i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> cot<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os.<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>a au<span class=\"_ _0\"></span>s\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>\u00e7os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>rav\u00e9<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do m\u00e9<span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>flux<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>ode<span class=\"_ _0\"></span>los<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>op\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>do c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>supo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>utili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span><span class=\"ff7\">. </span>Pol\u00edticas Contabil\u00edsticas O j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s In<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>ncon<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a-s<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu\u00ed<span class=\"_ _0\"></span>do n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> V<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> a p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 4.<span class=\"_ _0\"></span>3)<span class=\"_ _0\"></span>, qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>Val<span class=\"_ _0\"></span>ores<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span> (N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 4<span class=\"_ _0\"></span>.2)<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do po<span class=\"_ _0\"></span>siti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>. Con<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> In<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>opto<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>r a <span class=\"_ _0\"></span>apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> </span></span>os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>abili<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na IA<span class=\"_ _0\"></span>S 3<span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> In<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> </span></span>qu<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>aior<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>roj<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Dynam<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span> Ri<span class=\"_ _0\"></span>sk<span class=\"_ _0\"></span> Ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span><span class=\"ff7\"> (m<span class=\"_ _0\"></span>acro<span class=\"_ _0\"></span> </span>he<span class=\"_ _0\"></span>dgi<span class=\"_ _3b\"></span>ng<span class=\"ff1\">) at<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>rso<span class=\"_ _0\"></span>. </span>Sem<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xpe<span class=\"_ _0\"></span>cta<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>olu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o ou<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>\u00e2m<span class=\"_ _0\"></span>bio <span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>m,<span class=\"_ _0\"></span> o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ocu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>atar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rtur<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>os, <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>deri<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> <span class=\"ff7\">i<span class=\"_ _0\"></span>nter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>wap<span class=\"_ _0\"></span>s<span class=\"ff1\"> (<span class=\"_ _0\"></span>IRS)<span class=\"_ _0\"></span>, <span class=\"ff7\">c<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>lar<span class=\"_ _0\"></span>s<span class=\"ff1\"> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> </span></span></span></span>c\u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span><span class=\"ff7\">for<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span><span class=\"ff1\"> c<span class=\"_ _0\"></span>ambi<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s, et<span class=\"_ _0\"></span>c. </span></span>Ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _3b\"></span>o<span class=\"_ _1\"></span> Ape<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rata<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>espo<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> efi<span class=\"_ _0\"></span>caze<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n\u00f3<span class=\"_ _0\"></span>mica<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ri<span class=\"_ _0\"></span>scos<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>nem<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>odos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>qual<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>stru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>ertu<span class=\"_ _0\"></span>ra con<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>\u00edsti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cord<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>as e<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>equi<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> apli<span class=\"_ _0\"></span>c\u00e1<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>is.<span class=\"_ _0\"></span> Os<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>fiq<span class=\"_ _0\"></span>uem<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>ntos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cobe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ica <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a P<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> seu<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>aria<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>mes<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>ndim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>(No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>5.<span class=\"_ _0\"></span>10)<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>u, <span class=\"_ _0\"></span>em For<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>Ser<span class=\"_ _0\"></span>vi\u00e7<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> Ext<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> (N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>.3<span class=\"lsd\">) </span>ou<span class=\"_ _0\"></span> R<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to (N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 2<span class=\"_ _0\"></span>.1<span class=\"_ _0\"></span>), <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fir<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>\u00e0 cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>flu<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>eda <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sent<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o. Ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>ura Os <span class=\"_ _0\"></span>Inst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a fi<span class=\"_ _0\"></span>ns <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pod<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r c<span class=\"_ _0\"></span>lass<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>dos con<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>isti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de c<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tura<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esd<span class=\"_ _0\"></span>e q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>cum<span class=\"_ _0\"></span>pra<span class=\"_ _0\"></span>m, <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>mul<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte,<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>as con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> IAS <span class=\"_ _0\"></span>39<span class=\"_ _0\"></span>. Cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>flu<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a (r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>de t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>c\u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> <span class=\"ff7\">co<span class=\"_ _0\"></span>mmod<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"ff1\"> - <span class=\"_ _0\"></span>BH<span class=\"_ _0\"></span>KP) </span></span>A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa, <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>posi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o \u00e0<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c\u00e2<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>uxo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de c<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>xa. Est<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7\u00e3<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>alar<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>u j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a me<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>jam<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>zes<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> jus<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nici<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Se <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nefi<span class=\"_ _0\"></span>caz<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u a <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>a da<span class=\"_ _0\"></span>\u00ed d<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e \u00e9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gist<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>m re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>acu<span class=\"_ _0\"></span>mul<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os em<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsf<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o o <span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>afe<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>tado<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xem<span class=\"_ _0\"></span>plo,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>tura<span class=\"_ _0\"></span> cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> mat<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>iza)<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>O g<span class=\"_ _0\"></span>anh<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>a pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pon<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>caz<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>swa<span class=\"_ _0\"></span>ps d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>taxa<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ju<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cobr<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>\u00e9 r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>rubr<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e Re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>5.1<span class=\"_ _0\"></span>0<span class=\"lsd\">).</span> N<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nto,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uand<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>a, o<span class=\"_ _0\"></span>rig<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>heci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>o n\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>(po<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>o, in<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>t\u00e1r<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fix<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>tang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rda<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rido<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>\u00eddo<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>. Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>umen<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> ven<span class=\"_ _0\"></span>dido<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>r o<span class=\"_ _0\"></span>s cr<span class=\"_ _0\"></span>it\u00e9<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>xigi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>seja<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tabi<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ober<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rdas<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>apita<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00f3pri<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>cicl<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ara <span class=\"_ _0\"></span>a D<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>to q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> o i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cobe<span class=\"_ _0\"></span>rto<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>anh<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>acum<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>apit<span class=\"_ _0\"></span>al p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>o a <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>no c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span>l p<span class=\"_ _0\"></span>r\u00f3<span class=\"_ _0\"></span>prio<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue a<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>r\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>clad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uand<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>na Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"ff7\"> </span>Instrumentos f<span class=\"_ _1\"></span>inanceiros d<span class=\"_ _1\"></span>erivados utiliza<span class=\"_ _1\"></span>dos pelo Grupo<span class=\"_ _1\"></span> Navigato<span class=\"_ _1\"></span>r<span class=\"_ _1\"></span> Der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os c<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> neg<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>tem <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>bial<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ndas<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>fat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>\u00e2nc<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> d\u00f3l<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>nor<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>-ame<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> (U<span class=\"_ _0\"></span>SD) <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>libr<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>(G<span class=\"_ _0\"></span>BP)<span class=\"_ _0\"></span>. U<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>vez<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>emo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>ros,<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sta <span class=\"_ _0\"></span>a um<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n\u00f3m<span class=\"_ _0\"></span>ico<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a con<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s fl<span class=\"_ _0\"></span>ux<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>oe<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> o e<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> O <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>\u00e9m,<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>bor<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>gun<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>exp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> fun<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Des<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> mod<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tura<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo o<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> o<span class=\"_\"> </span>s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7\u00e3<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eira<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>moe<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>dife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nteda <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>apre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a as<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pet<span class=\"_ _0\"></span>ivas<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es c<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>is.Os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tura <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> nes<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> <span class=\"ff7\">fo<span class=\"_ _0\"></span>rw<span class=\"_ _0\"></span>ard<span class=\"_ _0\"></span>s<span class=\"ff1\"> <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>bia<span class=\"_ _0\"></span>is,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>atad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> </span></span>sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>posi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o l\u00ed<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> moe<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>oe<span class=\"_ _0\"></span>da d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>apre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tant<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e dat<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>enci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>\u00f3xi<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>eza<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rto<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>vari<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o cam<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>regi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>titu<span class=\"_ _0\"></span>lad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>oed<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a mo<span class=\"_ _0\"></span>eda<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> m\u00ea<span class=\"_ _0\"></span>s \u00e9<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>a uma<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> sald<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Cli<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> F<span class=\"_ _0\"></span>orne<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, cu<span class=\"_ _0\"></span>jo<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>anh<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>u p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>a \u00e9<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ompe<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r do<span class=\"_ _0\"></span>s <span class=\"ff7\">f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ward<span class=\"_ _0\"></span>s<span class=\"ff1\"> <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s. </span></span>Cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ndas<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> | <span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sco <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>bia<span class=\"_ _0\"></span>l E<span class=\"_ _0\"></span>UR/<span class=\"_ _0\"></span>USD<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> EU<span class=\"_ _0\"></span>R/<span class=\"_ _0\"></span>GBP A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e \u00e0<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>iliz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om o<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> o r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>xpo<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>camb<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ocia<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>uras<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as e<span class=\"_ _0\"></span>m U<span class=\"_ _0\"></span>SD e <span class=\"_ _0\"></span>GBP<span class=\"_ _0\"></span>. Cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>flu<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a | <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>o A N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>gam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>ros f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>\u00e9sti<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>brig<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>oni<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a, a<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> sw<span class=\"_ _0\"></span>aps<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> tax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de ju<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ga <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>xa e<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ebe<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l. O<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>desi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>uxos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>rog<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l e a<span class=\"_ _0\"></span>o em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9sti<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>rig<span class=\"_ _0\"></span>acio<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ta.<span class=\"_ _0\"></span> Cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>flu<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a | <span class=\"_ _0\"></span><span class=\"ff7\">Com<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span><span class=\"ff1\"> -<span class=\"_ _0\"></span> BH<span class=\"_ _0\"></span>KP </span></span>A N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>inst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ntos <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o o<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>nimi<span class=\"_ _0\"></span>zar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>posi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>\u00e0 v<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ia\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>xad<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o P<span class=\"_ _0\"></span>IX, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> US<span class=\"_ _0\"></span>D.<span class=\"_ _0\"></span> 8.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s </span></span>8.3.1<span class=\"ls0\"> <span class=\"_ _4\"> </span>Categorias <span class=\"_ _1\"></span>de instrumentos f<span class=\"_ _1\"></span>inanceiros d<span class=\"_ _1\"></span>o Grupo<span class=\"_ _1\"></span> </span>Os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> rub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ssifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>:  Ativos Instrumento<span class=\"_ _0\"></span>s Instrumento<span class=\"_ _0\"></span>s financeiros  financeiros financeiros ao custo derivados <span class=\"_ _0\"></span> derivados d<span class=\"_ _0\"></span>e  Ativos n\u00e3o Valores em Euros<span class=\"_ _1\"></span>  Nota  amortizado  de cobertura <span class=\"_ _0\"></span> negocia\u00e7\u00e3o  financeiros  <span class=\"fce sc0\"> </span> Total  31 de deze<span class=\"_ _1\"></span>mbro de 2022  Valores a receber n\u00e3<span class=\"_ _1\"></span>o correntes <span class=\"_ _1\"></span> 4.2 6.684  -  -  -  6.684   Valores a receber corre<span class=\"_ _1\"></span>ntes <span class=\"_ _1\"></span> 4.2 808.510.259 <span class=\"_ _1\"></span> 46.938.143 <span class=\"_ _1\"></span> 1.576.300 <span class=\"_ _1\"></span> 42.981.638 <span class=\"_ _1\"></span> 900.006.340 <span class=\"_ _1\"></span>  Caixa e equ<span class=\"_ _1\"></span>ivalentes de caixa <span class=\"_ _1\"></span> 5.8 390.640.161 <span class=\"_ _1\"></span> -  -  -  390.640.161 <span class=\"_ _1\"></span> Total de ativos<span class=\"_ _1\"></span> 1.199.157.105  <span class=\"_ _1\"></span><span class=\"fce sc0\"> </span><span class=\"fce sc0\"> </span>46.938.143 <span class=\"_ _1\"></span> 1.576.300  42.981.638  <span class=\"_ _1\"></span><span class=\"fce sc0\"> </span>1.290.653.186 <span class=\"_ _1\"></span> <span class=\"fce sc0\"> </span>31 de deze<span class=\"_ _1\"></span>mbro de 2021  Valores a receber n\u00e3<span class=\"_ _1\"></span>o correntes <span class=\"_ _1\"></span> 4.2 6.684  -  -  -  6.684   Valores a receber corre<span class=\"_ _1\"></span>ntes <span class=\"_ _1\"></span> 4.2 827.995.428 <span class=\"_ _1\"></span> 1.630.982 <span class=\"_ _1\"></span> -  37.361.559 <span class=\"_ _1\"></span> 866.987.969 <span class=\"_ _1\"></span>  Caixa e equ<span class=\"_ _1\"></span>ivalentes de caixa <span class=\"_ _1\"></span> 5.8 354.336.647 <span class=\"_ _1\"></span> -  -  -  354.336.647 <span class=\"_ _1\"></span> Total de ativos<span class=\"_ _1\"></span> 1.182.338.759 <span class=\"_ _1\"></span> 1.630.982  -  37.361.559 <span class=\"_ _1\"></span> 1.221.331.300 <span class=\"_ _1\"></span>  Passivos  Passivos  Instrumento<span class=\"_ _0\"></span>s  Instrumento<span class=\"_ _0\"></span>s financeiros financeiros financeiros financeiros fora ao custo derivados derivados d<span class=\"_ _0\"></span>e do \u00e2mbito Valores em Euros<span class=\"_ _1\"></span>  Nota amortizado de cobertura negocia\u00e7\u00e3o da IFRS 9  Total 31 de deze<span class=\"_ _1\"></span>mbro de 2022  Financiamentos o<span class=\"_ _1\"></span>btidos 5.6 985.446.453 - - - 985.446.453  Passivos de loca\u00e7\u00e3<span class=\"_ _1\"></span>o  5.7 - - - 2.381.970 2.381.970  Valores a pagar <span class=\"_ _1\"></span> 4.3 1.0<span class=\"ff2e\">44.204.892</span> -4.682.533-<span class=\"ff20\"> </span><span class=\"ws0\">1.0<span class=\"ff2e\">48.887.425<span class=\"ff20\"> </span></span></span>Total de pa<span class=\"_ _1\"></span>ssivos 2.0<span class=\"ff2f\">29.651.345</span><span class=\"ws11\"> </span>-4.682.5332.381.970 2.0<span class=\"ff2f\">36.715.848</span>31 de deze<span class=\"_ _1\"></span>mbro de 2021  Financiamentos o<span class=\"_ _1\"></span>btidos 5.6 933.165.634 - - - 933.165.634  Passivos de loca\u00e7\u00e3<span class=\"_ _1\"></span>o  5.7 - - - 2.883.977 2.883.977  Valores a pagar <span class=\"_ _1\"></span> 4.3 1.1<span class=\"ff2e\">30.998.845</span><span class=\"ws26\"> </span>6.402.131 1.728.458 -<span class=\"ff20\"> </span><span class=\"ws0\">1.1<span class=\"ff2e\">39.129.433<span class=\"ff20\"> </span></span></span>Total de pa<span class=\"_ _1\"></span>ssivos 2.0<span class=\"ff2f\">64.164.478</span><span class=\"ws27\"> </span>6.402.131 1.728.458 2.883.977 2.0<span class=\"ff2f\">75.179.044</span>8.3.2<span class=\"ls0\"> <span class=\"_ _4\"> </span>Justo valor d<span class=\"_ _1\"></span>e ativos e pas<span class=\"_ _1\"></span>sivos financei<span class=\"_ _1\"></span>ros </span>Ativos e passivos financeiros mensurados ao justo valor 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>21<span class=\"ls0\"> </span>Valores em Euros<span class=\"_ _1\"></span>  N\u00edvel 1  N\u00edvel 2  N\u00edvel 3  N\u00edvel 1  N\u00edvel 2  N\u00edvel 3 Ativos financeir<span class=\"_ _1\"></span>os ao justo valor re<span class=\"_ _1\"></span>conhecidos e<span class=\"_ _1\"></span>m resultados<span class=\"_ _1\"></span>     Derivados de<span class=\"_ _1\"></span> negocia\u00e7\u00e3o<span class=\"_ _1\"></span> -1.576.300- - - - Instrumentos finance<span class=\"_ _1\"></span>iros de cober<span class=\"_ _1\"></span>tura<span class=\"_ _1\"></span> -46.938.143- - 1.630.982 - Total de ativos<span class=\"_ _1\"></span> -48.514.443- - 1.630.982 - Passivos finance<span class=\"_ _1\"></span>iros ao justo valor<span class=\"_ _1\"></span> reconhecidos e<span class=\"_ _1\"></span>m resultados<span class=\"_ _1\"></span>     Derivados de<span class=\"_ _1\"></span> negocia\u00e7\u00e3o<span class=\"_ _1\"></span> -(4.682.533)- - (1.728.458) - Instrumentos finance<span class=\"_ _1\"></span>iros de cober<span class=\"_ _1\"></span>tura<span class=\"_ _1\"></span> - - - - (6.402.131) - Total de pa<span class=\"_ _1\"></span>ssivos -(4.682.534)- - (8.130.589)<span class=\"_ _1\"></span> - Estimativas e julgamentos Ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ntos<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>bti<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>uro <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>xa O j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os \u00e9<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>alc<span class=\"_ _0\"></span>ulad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>m\u00e9t<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s fl<span class=\"_ _0\"></span>ux<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>xa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s \u00e0 <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>elat<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>car<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00edst<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>enc<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o ao<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>l 2<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a hi<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>arq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>a IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>13<span class=\"_ _0\"></span><span class=\"ff7\">.<span class=\"ff1\"> </span></span>Pol\u00edticas Contabil\u00edsticas O j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>do c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>hie<span class=\"_ _0\"></span>rar<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e j<span class=\"_ _3b\"></span>usto val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>13<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013</span> <span class=\"_ _0\"></span>Me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>: N\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> 1 <span class=\"_ _64\"> </span><span class=\"ff1\">Ba<span class=\"_ _0\"></span>sea<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _3b\"></span>s de <span class=\"_ _0\"></span>merc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>. </span>N\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> 2<span class=\"fs0\"> <span class=\"_ _62\"> </span></span><span class=\"ff1\">Det<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>urs<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>los <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>rinc<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o </span>ob<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>v\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cado<span class=\"_ _0\"></span>. N\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> 3<span class=\"fs0\"> <span class=\"_ _62\"> </span></span><span class=\"ff1\">Det<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>urs<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>los <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>cuj<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>npu<span class=\"_ _0\"></span>ts <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o </span>ob<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>v\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s <span class=\"fc6\">n<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cado<span class=\"_ _0\"></span>.<span class=\"ff3\"> </span></span>9.<span class=\"_ _49\"> </span><span class=\"ls0\">P<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>\u00f5es,<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>mpro<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ssos</span>e C<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g\u00eanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s9.1.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Pro<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s </span></span>Movimentos em provis\u00f5es  Processos  Investiment<span class=\"_ _0\"></span>os  Outras Valores em Euros<span class=\"_ _1\"></span> Judiciais em subsidi\u00e1r<span class=\"_ _0\"></span>ias Provis\u00f5es  Total 1 de janeiro de<span class=\"_ _1\"></span> 2021 287.420 18.293.058 17.563.912 36.144.390 Aumentos 400.444 - 1.300.000 1.700.444 Revers\u00f5es (49.880) - (512.064) (561.944) Impacto em res<span class=\"_ _1\"></span>ultados do per\u00ed<span class=\"_ _1\"></span>odo<span class=\"_ _1\"></span> 350.564 - 787.936 1.138.500 Outras transfer\u00eanc<span class=\"_ _1\"></span>ias e regular<span class=\"_ _1\"></span>iza\u00e7\u00f5es<span class=\"_ _1\"></span> -(18.293.058)(18.293.058)<span class=\"_ _1\"></span> 31 de deze<span class=\"_ _1\"></span>mbro de 2021 637.984 18.351.848 18.989.832 Aumentos 194.806 - 107.837 302.643 Revers\u00f5es - - (1.159.685) (1.159.685) Impacto em res<span class=\"_ _1\"></span>ultados do per\u00ed<span class=\"_ _1\"></span>odo<span class=\"_ _1\"></span> 194.806 -(1.051.848)(857.042) Outras transfer\u00eanc<span class=\"_ _1\"></span>ias e regulariza<span class=\"_ _1\"></span>\u00e7\u00f5es<span class=\"_ _1\"></span> - - - - 31 de deze<span class=\"_ _1\"></span>mbro de 2022 832.790 - 17.300.000 18.132.790 N\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ree<span class=\"_ _0\"></span>mbo<span class=\"_ _0\"></span>lsos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ualq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>za r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>is\u00f5<span class=\"_ _0\"></span>es. Pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>judi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ais O d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>cho<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>sos<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>udi<span class=\"_ _0\"></span>ciai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>epe<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>deci<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s la<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ci<span class=\"_ _0\"></span>vil<span class=\"_ _0\"></span>.  Out<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>\u00f5es Re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>e-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>is\u00f5e<span class=\"_ _3b\"></span>s par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>faze<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>fac<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>os r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>rez<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ers<span class=\"_ _0\"></span>a, de<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>ja<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ode<span class=\"_ _0\"></span>r\u00e3<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>a\u00edd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> flu<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>aix<span class=\"_ _0\"></span>a, n<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ssos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>trut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>rga<span class=\"_ _0\"></span>niz<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>onal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>osi\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>as. Em <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>rub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> Ou<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ui 1<span class=\"_ _0\"></span>7.3<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>eur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Mo<span class=\"_ _0\"></span>\u00e7am<span class=\"_ _0\"></span>biq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>. P<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mbo<span class=\"_ _0\"></span>ra o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>emo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>(Mo<span class=\"_ _0\"></span>U)<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>lebr<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>gov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>\u00e7am<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>cano<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>miss<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>\u201cmel<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>sfor<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>\u201d p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ia\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span><span class=\"ff1\">i\u00e7\u00f5<span class=\"_ _0\"></span>es </span>ne<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>s\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>an\u00e7<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>stime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span> 31 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>201<span class=\"_ _0\"></span>8, <span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>foi<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>ss\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> at\u00e9<span class=\"_ _0\"></span> 3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>aba<span class=\"_ _0\"></span>lha<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>can<span class=\"_ _0\"></span>\u00e7ar<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o.  Os<span class=\"_ _0\"></span> sa<span class=\"_ _0\"></span>ldo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>osi\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>eza<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>post<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>imen<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>s\u00e3<span class=\"_ _0\"></span>o div<span class=\"_ _0\"></span>ulg<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 6.<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span><span class=\"ff15\">\u2013<span class=\"ff7\"> Im<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o. </span></span>Estimativas e julgamentos Pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>os j<span class=\"_ _0\"></span>udi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>fis<span class=\"_ _0\"></span>cais Est<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _3b\"></span>s for<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>stit<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ord<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>alia<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> efe<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>poi<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> seu<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sult<span class=\"_ _0\"></span>ore<span class=\"_ _3b\"></span>s leg<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>, b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>na pr<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>abili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> a d<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>fav<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u de<span class=\"_ _0\"></span>sf<span class=\"_ _0\"></span>avo<span class=\"_ _0\"></span>r\u00e1ve<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>\u00e0 E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a. Pol\u00edticas Contabil\u00edsticas S\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a te<span class=\"_ _0\"></span>nha <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> le<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rut<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>a, com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>cime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>sad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>sej<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> sa<span class=\"_ _0\"></span>\u00edd<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ecur<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ne <span class=\"_ _0\"></span>nece<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>liq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>ar,<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span> ser<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>fi\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>obri<span class=\"_ _0\"></span>ga\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span>  N\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>hec<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>vis\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>is f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>As <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> rev<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Dem<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>posi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>etiv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ige<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>aju<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e mo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>mel<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span> a e<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata.<span class=\"_ _0\"></span> Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e1rias<span class=\"_ _0\"></span> S\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>as r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bilid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> a E<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>10)<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ap\u00f3s<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spet<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tabi<span class=\"_ _0\"></span>l\u00ed<span class=\"_ _0\"></span>stic<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span> sid<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>zid<span class=\"_ _0\"></span>o a z<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> med<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nha i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m ob<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ga\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s le<span class=\"_ _0\"></span>gai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nha<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>do p<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>nom<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>as. 9.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Comp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>s </span></span>Garantias prestadas a terceiros Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Garantias pres<span class=\"_ _1\"></span>tadas Garantias Navigator <span class=\"_ _1\"></span>para os financ<span class=\"_ _1\"></span>iamentos com o BEI<span class=\"_ _1\"></span> 37.708.333 42.916.667 AT <span class=\"ls0\">- Autoridade Tribut\u00e1r<span class=\"_ _1\"></span>ia e Aduaneira  <span class=\"_ _1\"></span> </span>-6.513.318Simria 338.829 338.829Ag\u00eancia Portugue<span class=\"_ _1\"></span>sa Ambiente<span class=\"_ _1\"></span> 83.148 - Administration <span class=\"_ _1\"></span>F\u00e9d\u00e9rale de Contr<span class=\"_ _1\"></span>ibutions<span class=\"_ _1\"></span> 83.274 79.373 Infraestruturas de P<span class=\"_ _1\"></span>ortugal - 22.320 Outras 51.008 49.364 38.264.592 49.919.872 As <span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tada<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> Au<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> T<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ut\u00e1r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>laci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>a<span class=\"ls89\">va</span>m-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>roce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nten<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>oso, <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>IRC <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>15. 9.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es </span></span>Fundo de Regu<span class=\"_ _1\"></span>lariza\u00e7\u00e3o da d<span class=\"_ _1\"></span>\u00edvida p\u00fablica<span class=\"_ _1\"></span> No<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>to-<span class=\"_ _0\"></span>Le<span class=\"_ _0\"></span>i n.<span class=\"_ _0\"></span>\u00ba 3<span class=\"_ _0\"></span>6/<span class=\"_ _0\"></span>93<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 13<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>reir<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> as <span class=\"_ _0\"></span>d\u00ed<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>fis<span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>as pr<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>atiz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>(2<span class=\"_ _0\"></span>5 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>nove<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>200<span class=\"_ _0\"></span>6) s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pon<span class=\"_ _0\"></span>sab<span class=\"_ _0\"></span>ilid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>o F<span class=\"_ _0\"></span>und<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>gul<span class=\"_ _0\"></span>ariz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>D\u00edvi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> P\u00fa<span class=\"_ _0\"></span>bli<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>(FR<span class=\"_ _0\"></span>DP)<span class=\"_ _0\"></span>. E<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>16 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>abr<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>08,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>The<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>mpan<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>req<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>rime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o F<span class=\"_ _0\"></span>RDP<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lici<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> pag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o das<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>\u00edvi<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nt\u00e3o<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>Adm<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o F<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>. E<span class=\"_ _0\"></span>m 13<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>10 apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tou <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>req<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r o<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>gam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>d\u00ed<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>as l<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a Adm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>Fis<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>as ao<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>06<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>2003<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o, em<span class=\"_ _0\"></span> 13<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>011<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s j<span class=\"_ _0\"></span>\u00e1 <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e n\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>a es<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>\u00edvi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>bem<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pes<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dir<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Ac<span class=\"_ _0\"></span>\u00f3rd<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>24 d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>1 (<span class=\"_ _0\"></span>Pro<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>n.\u00ba<span class=\"_ _0\"></span> 09<span class=\"_ _0\"></span>93<span class=\"_ _0\"></span>A/ <span class=\"_ _0\"></span>02)<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> vei<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>firm<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>a po<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>o \u00e0 <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>igi<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span>.  Em <span class=\"_ _0\"></span>13<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>7 a <span class=\"_ _0\"></span>The<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>ompa<span class=\"_ _0\"></span>ny,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>um a<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rdo<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>jud<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Te<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> rec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>hec<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e do<span class=\"_ _0\"></span> F<span class=\"_ _0\"></span>RDP<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 5<span class=\"_ _0\"></span>.<span class=\"ls16\">725</span>.<span class=\"ls16\">771 </span>eur<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>espo<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Imp<span class=\"_ _0\"></span>ost<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> R<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>esso<span class=\"_ _0\"></span>as Col<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ivas<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>IRC)<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ago<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>vida<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o/<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o  in<span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>arte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>inis<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>\u00e1ria<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>fis<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a das<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pela<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nt\u00e3<span class=\"_ _0\"></span>o S<span class=\"_ _0\"></span>opo<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>el,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>200<span class=\"_ _0\"></span>3, <span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>m,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>mov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> <span class=\"ls15\">a </span>re<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>tui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>enc<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ntia<span class=\"_ _0\"></span>. Ne<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onte<span class=\"_ _0\"></span>xt<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>\u00e1 d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>pons<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>FRDP<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac<span class=\"_ _0\"></span>22.<span class=\"_ _0\"></span>140<span class=\"_ _0\"></span>.85<span class=\"_ _0\"></span>5<span class=\"ff1 ls10\">, </span></span>de<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>had<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ue:<span class=\"_ _0\"></span> <span class=\"fc2\"> </span> Processos <span class=\"_ _0\"></span>  Redu\u00e7\u00e3o vi<span class=\"_ _0\"></span>a decididos a <span class=\"_ _0\"></span>  Valores  pagamento ao favor do  Valores  Valores em Euros<span class=\"_ _1\"></span>  Per\u00edodo  solicitados  abrigo do RERD<span class=\"_ _0\"></span>  Grupo  em aberto  Processos transi<span class=\"_ _1\"></span>tados em j<span class=\"_ _1\"></span>ulgado IRC 2002<span class=\"ls0\"> </span>18.923  -  -  18.923  IRC (RF) 2004<span class=\"ls0\"> </span>3.324  -  -  3.324  IRC 2004<span class=\"ls0\"> </span>766.395  -  (139.023) 627.372  Despesas 314.957  -  -  314.957  1.103.599  -  (139.023) 964.576  Processos n\u00e3o <span class=\"_ _1\"></span>transitados em <span class=\"_ _1\"></span>julgado<span class=\"_ _1\"></span> IRC 2005<span class=\"ls0\"> </span>11.754.680 <span class=\"_ _1\"></span> (1.360.294)<span class=\"_ _1\"></span> -  10.394.386 <span class=\"_ _1\"></span> IRC 2006<span class=\"ls0\"> </span>11.890.071 <span class=\"_ _1\"></span> (1.108.178)<span class=\"_ _1\"></span> -  10.781.893 <span class=\"_ _1\"></span> 23.644.751 <span class=\"_ _1\"></span> (2.468.472)<span class=\"_ _1\"></span> -  21.176.279 <span class=\"_ _1\"></span> 24.748.350 <span class=\"_ _1\"></span> (2.468.472)<span class=\"_ _1\"></span> (139.023) 22.140.855 <span class=\"_ _1\"></span> Re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>cess<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>IRC <span class=\"_ _0\"></span>agr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>05<span class=\"_ _0\"></span> e 2<span class=\"_ _0\"></span>006<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>trib<span class=\"_ _0\"></span>unai<span class=\"_ _0\"></span>s ve<span class=\"_ _0\"></span>nha<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>avor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>rar\u00e1<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ped<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o F<span class=\"_ _0\"></span>RDP<span class=\"_ _0\"></span>. Fundo de regul<span class=\"_ _1\"></span>ariza\u00e7\u00e3o da d<span class=\"_ _1\"></span>\u00edvida p\u00fablica <span class=\"_ _1\"></span>- Proc.<span class=\"_ _1\"></span> N.\u00ba 774/1<span class=\"_ _1\"></span>1.3 BEALM<span class=\"_ _1\"></span> Adi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>alme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, f<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> Tr<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> Ad<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>trat<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> A<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>ada,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 1<span class=\"_ _0\"></span>1 de<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>utub<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2011<span class=\"ls0\"> no<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>pet<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue se<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>cit<span class=\"_ _0\"></span>ava <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ree<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ols<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rso<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>tot<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o </span>136<span class=\"ls0\">.</span>243<span class=\"ls0\">.9<span class=\"_ _0\"></span>49 <span class=\"_ _0\"></span>eur<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s a <span class=\"_ _0\"></span>aj<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s na<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> </span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>\u00f3s<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>atiz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ajus<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>regi<span class=\"_ _0\"></span>stad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> ha<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>sido<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>mul<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> n\u00e3o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>oni<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ta d<span class=\"_ _0\"></span>os con<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>. Em <span class=\"_ _0\"></span>24<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>aio<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>14<span class=\"_ _0\"></span>, o <span class=\"_ _0\"></span>Tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>nal <span class=\"_ _0\"></span>Adm<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>Fis<span class=\"_ _0\"></span>cal <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Al<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>va t<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>hal<span class=\"_ _0\"></span>, so<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>itan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ega\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>cri<span class=\"_ _0\"></span>to.<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span> 30<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ju<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>14,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tou <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ma\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>fer\u00ea<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eix<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>esm<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>scri<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> sol<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>nal.<span class=\"_ _0\"></span> O <span class=\"_ _0\"></span>Tri<span class=\"_ _0\"></span>buna<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> raz<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>p\u00f3<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>nome<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>\u00f3ri<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l fo<span class=\"_ _0\"></span>i e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>o em<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ho d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>201<span class=\"_ _0\"></span>7, <span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>\u00eanci<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span>ida,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>The<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>y, S<span class=\"_ _0\"></span>.A.,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> M<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>st\u00e9r<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>\u00eanc<span class=\"_ _0\"></span>ia d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> Pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>audi<span class=\"_ _0\"></span>\u00eanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>lga<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>clar<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>erb<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>\u00f3ri<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>. Ap\u00f3<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>clam<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tada<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 11<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>7 e<span class=\"_ _0\"></span> 15<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> jan<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>19,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tara<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Rel<span class=\"_ _0\"></span>at\u00f3<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>s P<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>formu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 2<span class=\"_ _0\"></span>7 de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>18 e<span class=\"_ _0\"></span> 19<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ar\u00e7o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>9, r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>peti<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>. As <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ss\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>di\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e ju<span class=\"_ _0\"></span>lg<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o ti<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> l<span class=\"_ _0\"></span>ugar<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntre<span class=\"_ _3b\"></span> maio<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>nho <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>19,<span class=\"_ _0\"></span> ten<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>as par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>apre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ale<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>temb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>19<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ag<span class=\"_ _0\"></span>uard<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>ago<span class=\"_ _0\"></span>ra a<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>s\u00e3<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span> Tr<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>. 10.<span class=\"_ _a9\"> </span><span class=\"ls0\">Est<span class=\"_ _0\"></span>rutu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o</span>10.1.<span class=\"ffd ls0\"> <span class=\"_ _3b\"></span><span class=\"ff3\"> I<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s </span></span>2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Capital % Capital % Denomina\u00e7\u00e3o <span class=\"_ _1\"></span>Social Sede pr\u00f3prio detida Saldo pr\u00f3prio detida Saldo Navigator Intern<span class=\"_ _1\"></span>acional Holdin<span class=\"_ _1\"></span>g Set\u00fabal - 100 -120.226.861100 120.226.861 SGPS, S.A. S<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>c.<span class=\"_ _3b\"></span> V<span class=\"_ _3b\"></span>in<span class=\"_ _0\"></span>ho<span class=\"_ _3b\"></span>s <span class=\"_ _3b\"></span>He<span class=\"_ _3b\"></span>rda<span class=\"_ _3b\"></span>de<span class=\"_ _0\"></span> <span class=\"_ _3b\"></span>Es<span class=\"_ _0\"></span>pi<span class=\"_ _3b\"></span>rr<span class=\"_ _3b\"></span>a, <span class=\"_ _3b\"></span>S.<span class=\"_ _3b\"></span>A.<span class=\"_ _0\"></span> Set\u00fabal 1.837.953 100 1.837.953 n.a.n.a.n.a.Navigator Brands,<span class=\"_ _1\"></span> S.A. (A)Figueira da Foz31.444.601 100 408.200.985 10.054.563 100 386.810.950 Navigator Pulp A<span class=\"_ _1\"></span>veiro, S.A. <span class=\"_ _1\"></span> (B) Aveiro 124.266.347 100 120.880.817 105.544.053 100 105.544.053 Enerpulp, S.A.<span class=\"_ _1\"></span> Set\u00fabal 72.975.632 100 72.975.632 49.504.315 100 49.504.315 N<span class=\"_ _0\"></span>av<span class=\"_ _3b\"></span>ig<span class=\"_ _0\"></span>a<span class=\"_ _3b\"></span>to<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>Pa<span class=\"_ _3b\"></span>rq<span class=\"_ _3b\"></span>ue<span class=\"_ _0\"></span>s <span class=\"_ _3b\"></span>In<span class=\"_ _0\"></span>d<span class=\"_ _3b\"></span>us<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _3b\"></span>ai<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>.A<span class=\"_ _3b\"></span>. Set\u00fabal 127.522.607 100 127.522.607 129.751.094 100 129.751.094 Po<span class=\"_ _3b\"></span>rtuc<span class=\"_ _3b\"></span>el <span class=\"_ _0\"></span>Mo<span class=\"_ _0\"></span>\u00e7<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ue,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>S.<span class=\"_ _0\"></span>A.<span class=\"_ _0\"></span> Mo\u00e7ambique 1.365.602 90 1.365.602 4.466.703 90 9.306.240 N<span class=\"_ _0\"></span>av<span class=\"_ _3b\"></span>ig<span class=\"_ _0\"></span>a<span class=\"_ _3b\"></span>to<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>ul<span class=\"_ _3b\"></span>p <span class=\"_ _3b\"></span>Se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u00fab<span class=\"_ _3b\"></span>al<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>A.<span class=\"_ _3b\"></span>  Set\u00fabal 233.217.325 100 233.217.325 199.116.255 100 199.116.253 N<span class=\"_ _0\"></span>av<span class=\"_ _3b\"></span>ig<span class=\"_ _0\"></span>a<span class=\"_ _3b\"></span>to<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>ul<span class=\"_ _3b\"></span>p <span class=\"_ _3b\"></span>Fi<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>i<span class=\"_ _3b\"></span>ra<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>S.<span class=\"_ _3b\"></span>A.<span class=\"_ _0\"></span> <span class=\"_ _0\"></span> Figueira da Foz<span class=\"_ _1\"></span> 208.528.502 100 208.528.502 151.392.875 100 151.392.866 N<span class=\"_ _0\"></span>av<span class=\"_ _3b\"></span>ig<span class=\"_ _0\"></span>a<span class=\"_ _3b\"></span>to<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>Fo<span class=\"_ _3b\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _3b\"></span>t <span class=\"_ _0\"></span>Po<span class=\"_ _3b\"></span>rt<span class=\"_ _3b\"></span>ug<span class=\"_ _0\"></span>al<span class=\"_ _3b\"></span>, <span class=\"_ _3b\"></span>S.<span class=\"_ _3b\"></span>A. Set\u00fabal 40.205.331 100 40.205.331 26.088.918 100 26.088.918 N<span class=\"_ _0\"></span>av<span class=\"_ _3b\"></span>ig<span class=\"_ _0\"></span>a<span class=\"_ _3b\"></span>to<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>Pa<span class=\"_ _3b\"></span>pe<span class=\"_ _3b\"></span>r <span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t\u00fa<span class=\"_ _3b\"></span>ba<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>.A<span class=\"_ _3b\"></span>. (B) Set\u00fabal 623.646.952 100 613.841.320 547.465.274 100 536.556.882 N<span class=\"_ _0\"></span>av<span class=\"_ _3b\"></span>ig<span class=\"_ _0\"></span>a<span class=\"_ _3b\"></span>to<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>Ti<span class=\"_ _3b\"></span>ss<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>e <span class=\"_ _3b\"></span>Av<span class=\"_ _3b\"></span>ei<span class=\"_ _3b\"></span>ro<span class=\"_ _0\"></span>, <span class=\"_ _3b\"></span>S.<span class=\"_ _3b\"></span>A.<span class=\"_ _0\"></span> <span class=\"_ _0\"></span> (B) Aveiro 115.180.815 100 114.837.623 100.861.464 100 100.945.534 RAIZ - Inst.In<span class=\"_ _1\"></span>vestiga\u00e7\u00e3o Aveiro 9.849.186 97 9.604.970 9.563.212 97 9.276.315 Floresta e Papel<span class=\"_ _1\"></span> N<span class=\"_ _0\"></span>av<span class=\"_ _3b\"></span>ig<span class=\"_ _0\"></span>a<span class=\"_ _3b\"></span>to<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>Pa<span class=\"_ _3b\"></span>pe<span class=\"_ _3b\"></span>r <span class=\"_ _0\"></span>Fi<span class=\"_ _3b\"></span>gu<span class=\"_ _3b\"></span>ei<span class=\"_ _0\"></span>ra<span class=\"_ _3b\"></span>, <span class=\"_ _3b\"></span>S.<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>. (B)Figueira da Foz145.585.816 100 129.934.579 96.742.435 100 88.335.334 Pulpchem Logist<span class=\"_ _1\"></span>ics, A.C.E.<span class=\"_ _1\"></span> Figueira da Foz- 50 - - 50 - Emprem\u00e9dia <span class=\"_ _1\"></span>- Corretores de Lisboa 4.855.247 100 4.855.247 4.819.316 100 4.819.316 Seguros, S.A.<span class=\"_ _1\"></span> Empremedia DAC<span class=\"_ _1\"></span> Irlanda 5.342.757 100 5.342.757 1.494.226 100 1.494.226 Navigator Paper Me<span class=\"_ _1\"></span>xico M\u00e9xico 32.340 25 8.085 4.519 25 1.130 Navigator Egypt<span class=\"_ _1\"></span> Egito 23.874 1 239 16.152 1 162 2.093.159.574 1.919.170.450 (A)<span class=\"_ _40\"> </span>Inc<span class=\"_ _0\"></span>lui<span class=\"_ _0\"></span> Goo<span class=\"_ _0\"></span>dwi<span class=\"_ _0\"></span>ll <span class=\"_ _0\"></span>gerad<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>quan<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>da a<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o ne<span class=\"_ _0\"></span>g\u00f3c<span class=\"_ _0\"></span>io i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>gra<span class=\"_ _0\"></span>do de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pap<span class=\"_ _0\"></span>el d<span class=\"_ _0\"></span>a F<span class=\"_ _0\"></span>igue<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Foz(B)<span class=\"_ _40\"> </span>Val<span class=\"_ _0\"></span>or d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>balan<span class=\"_ _0\"></span>\u00e7o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>flete<span class=\"_ _0\"></span> anu<span class=\"_ _0\"></span>la\u00e7<span class=\"_ _0\"></span>\u00e3o de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>gens <span class=\"_ _0\"></span>int<span class=\"_ _0\"></span>erna<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>eal<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>dasO v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Go<span class=\"_ _0\"></span>odw<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>soci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>inte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>a Fi<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a da <span class=\"_ _0\"></span>Fo<span class=\"_ _0\"></span>z, <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 37<span class=\"_ _0\"></span>6.<span class=\"_ _0\"></span>756.3<span class=\"_ _0\"></span>83<span class=\"_ _0\"></span> Eu<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s, \u00e9<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>vu<span class=\"_ _0\"></span>lgad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>gran<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> o v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or da <span class=\"_ _0\"></span>par<span class=\"_ _3b\"></span>ticip<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> ME<span class=\"_ _0\"></span>P, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>ormi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>uisi<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a IAS<span class=\"_ _0\"></span> 27<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> IA<span class=\"_ _0\"></span>S <span class=\"_ _0\"></span>28<span class=\"_ _0\"></span>. Movimentos<span class=\"_ _1\"></span> <span class=\"lsb4\">no</span> per\u00edodo<span class=\"_ _1\"></span> Movimentos em investimentos em subsidi\u00e1rias <span class=\"ffa\">\u2013</span> Resumo Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Saldo inicial<span class=\"_ _1\"></span> 1.919.170.450 <span class=\"_ _1\"></span> 1.858.530.371 <span class=\"_ _1\"></span> Aquisi\u00e7\u00f5es e aliena\u00e7<span class=\"_ _1\"></span>\u00f5es de partic<span class=\"_ _1\"></span>ipa\u00e7\u00f5es<span class=\"_ _1\"></span> 1.859.329 <span class=\"_ _1\"></span> -  Fus\u00f5es, Cis\u00f5es e<span class=\"_ _1\"></span> Liquida\u00e7\u00f5es<span class=\"_ _1\"></span> (120.477.540)<span class=\"_ _1\"></span> (28.622.021)<span class=\"_ _1\"></span> Realiza\u00e7\u00e3o de presta<span class=\"_ _1\"></span>\u00e7\u00f5es acess\u00f3ri<span class=\"_ _1\"></span>as de capital<span class=\"_ _1\"></span> 7.050.000 <span class=\"_ _1\"></span> 32.273.764 <span class=\"_ _1\"></span> Resultado apropr<span class=\"_ _1\"></span>iado pela apli<span class=\"_ _1\"></span>ca\u00e7\u00e3o do MEP <span class=\"_ _1\"></span> 349.940.785 <span class=\"_ _1\"></span> 160.083.746 <span class=\"_ _1\"></span> Outros rendimentos<span class=\"_ _1\"></span> integrais<span class=\"_ _1\"></span> 28.416.539 <span class=\"_ _1\"></span> (4.354.319) Dividendos atribu<span class=\"_ _1\"></span>\u00eddos<span class=\"_ _1\"></span> (92.799.990) (85.802.502)<span class=\"_ _1\"></span> Transfer\u00eancia para<span class=\"_ _1\"></span> provis\u00f5es (Not<span class=\"_ _1\"></span>a 9.1) -  (18.293.058)<span class=\"_ _1\"></span> Outros moviment<span class=\"_ _1\"></span>os -  5.354.469 <span class=\"_ _1\"></span> Saldo Final 2.093.159.574 <span class=\"_ _1\"></span> 1.919.170.450 <span class=\"_ _1\"></span> Movimentos em investimentos em subsidi\u00e1rias <span class=\"ffa\">\u2013</span> Detalhe Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Saldo Inicial<span class=\"_ _1\"></span> 1.919.170.450 <span class=\"_ _1\"></span> 1.858.530.371 <span class=\"_ _1\"></span> Fus\u00f5es, cis\u00f5e<span class=\"_ _1\"></span>s e liquida\u00e7\u00f5es <span class=\"_ _1\"></span> Navigator Part<span class=\"_ _1\"></span>icipa\u00e7\u00f5es Holdin<span class=\"_ _1\"></span>g SGPS, S.A. <span class=\"_ _1\"></span> (120.477.540)<span class=\"_ _1\"></span> -  Portucel Finance <span class=\"_ _1\"></span>sp. Z o.o. <span class=\"_ _1\"></span> -  (28.622.021)<span class=\"_ _1\"></span> Fus\u00f5es, cis\u00f5e<span class=\"_ _1\"></span>s e liquida\u00e7\u00f5es <span class=\"_ _1\"></span> (120.477.540)<span class=\"_ _1\"></span> (28.622.021)<span class=\"_ _1\"></span> Realiza\u00e7\u00e3o de<span class=\"_ _1\"></span> presta\u00e7\u00f5es aces<span class=\"_ _1\"></span>s\u00f3rias de capital <span class=\"_ _45\"></span> Portucel Mo\u00e7amb<span class=\"_ _1\"></span>ique, Lda.<span class=\"_ _1\"></span> 7.050.000 <span class=\"_ _1\"></span> 32.273.764 <span class=\"_ _1\"></span> Realiza\u00e7\u00e3o de<span class=\"_ _1\"></span> presta\u00e7\u00f5es aces<span class=\"_ _1\"></span>s\u00f3rias de capital <span class=\"_ _45\"></span> 7.050.000  32.273.764 <span class=\"_ _1\"></span> Aquisi\u00e7\u00e3o e aliena<span class=\"_ _1\"></span>\u00e7\u00e3o de p<span class=\"_ _1\"></span>articipa\u00e7\u00f5es <span class=\"_ _1\"></span> Soc. Vinhos Herda<span class=\"_ _1\"></span>de Espirra, S.A.<span class=\"_ _1\"></span> 1.859.329 <span class=\"_ _1\"></span> -  Aquisi\u00e7\u00e3o e aliena<span class=\"_ _1\"></span>\u00e7\u00e3o de p<span class=\"_ _1\"></span>articipa\u00e7\u00f5es <span class=\"_ _1\"></span> 1.859.329  -  Resultado aprop<span class=\"_ _1\"></span>riado pela a<span class=\"_ _1\"></span>plica\u00e7\u00e3o do m\u00e9todo equiva<span class=\"_ _1\"></span>l\u00eancia <span class=\"_ _1\"></span>patrimonial <span class=\"_ _45\"></span> Navigator Internac<span class=\"_ _1\"></span>ional Holdin<span class=\"_ _1\"></span>g SGPS, S.A.<span class=\"_ _1\"></span> 250.677  4.519.509 <span class=\"_ _1\"></span> Soc. Vinhos Herda<span class=\"_ _1\"></span>de Espirra, S.A.<span class=\"_ _1\"></span> (21.024) -  Navigator Brands,<span class=\"_ _1\"></span> S.A.  23.726.365 <span class=\"_ _1\"></span> 8.665.432 <span class=\"_ _1\"></span> Navigator Pulp A<span class=\"_ _1\"></span>veiro, S.A.  <span class=\"_ _1\"></span> 25.832.155 <span class=\"_ _1\"></span> 21.697.515 <span class=\"_ _1\"></span> Enerpulp, S.A. <span class=\"_ _1\"></span> 23.471.317 <span class=\"_ _1\"></span> (2.025.042) Navigator Parques <span class=\"_ _1\"></span>Industriais, S.A<span class=\"_ _1\"></span>. <span class=\"_ _1\"></span> 4.157.859 <span class=\"_ _1\"></span> 4.226.240 <span class=\"_ _1\"></span> Portucel Mo\u00e7amb<span class=\"_ _1\"></span>ique, Lda.<span class=\"_ _1\"></span> (39.466.616) (1.922.861) Portucel Finance <span class=\"_ _1\"></span>sp. Z o.o. <span class=\"_ _1\"></span> -  (146.467) Navigator Pulp Set\u00faba<span class=\"_ _1\"></span>l, S.A. <span class=\"_ _1\"></span> 59.022.877 <span class=\"_ _1\"></span> 36.561.332 <span class=\"_ _1\"></span> Navigator Pulp F<span class=\"_ _1\"></span>igueira, S.A. <span class=\"_ _1\"></span> 57.135.635 <span class=\"_ _1\"></span> 47.769.394 <span class=\"_ _1\"></span> Navigator Forest Portu<span class=\"_ _1\"></span>gal, S.A.<span class=\"_ _1\"></span> 14.278.823 <span class=\"_ _1\"></span> (1.011.885) Navigator Tissue A<span class=\"_ _1\"></span>veiro, S.A. <span class=\"_ _1\"></span> 22.393.445 <span class=\"_ _1\"></span> 8.807.387 <span class=\"_ _1\"></span> Navigator Paper Set\u00fa<span class=\"_ _1\"></span>bal, S.A.<span class=\"_ _1\"></span> 98.740.914 <span class=\"_ _1\"></span> 22.327.297 <span class=\"_ _1\"></span> Raiz - Inst.Invest<span class=\"_ _1\"></span>iga\u00e7\u00e3o Floresta e<span class=\"_ _1\"></span> Papel<span class=\"_ _1\"></span> 60.166  228.222  Navigator Paper <span class=\"_ _1\"></span>Figueira, S.A.<span class=\"_ _1\"></span> 56.920.887 <span class=\"_ _1\"></span> 9.071.443 <span class=\"_ _1\"></span> Emprem\u00e9dia <span class=\"_ _1\"></span>- Corretores de Segu<span class=\"_ _1\"></span>ros, S.A.<span class=\"_ _1\"></span> 1.142.384 <span class=\"_ _1\"></span> 1.148.123 <span class=\"_ _1\"></span> Empremedia <span class=\"lsb5\">DAC<span class=\"_ _1\"></span></span> 2.276.468 <span class=\"_ _1\"></span> 160.245  Navigator Paper Me<span class=\"_ _1\"></span>xico 18.397  7.763  Navigator Egypt<span class=\"_ _1\"></span> 56 <span class=\"ls0\"> </span>99 <span class=\"ls0\"> </span>Resultado aprop<span class=\"_ _1\"></span>riado pela a<span class=\"_ _1\"></span>plica\u00e7\u00e3o do m\u00e9todo equiva<span class=\"_ _1\"></span>l\u00eancia <span class=\"_ _1\"></span>patrimonial <span class=\"_ _45\"></span> 349.940.785 <span class=\"_ _1\"></span> 160.083.746 <span class=\"_ _1\"></span> Altera\u00e7\u00e3o capitai<span class=\"_ _1\"></span>s pr\u00f3prios da i<span class=\"_ _1\"></span>nvestida n\u00e3o re<span class=\"_ _1\"></span>conhecidos e<span class=\"_ _1\"></span>m resultado<span class=\"_ _1\"></span>s <span class=\"_ _1\"></span> Navigator Internac<span class=\"_ _1\"></span>ional Holdin<span class=\"_ _1\"></span>g SGPS, S.A.<span class=\"_ _1\"></span> -  (28.932) Soc. Vinhos Herda<span class=\"_ _1\"></span>de Espirra, S.A.<span class=\"_ _1\"></span> (352) -  Enerpulp, S.A.<span class=\"_ _1\"></span> -  1 <span class=\"ls0\"> </span>Navigator Brands,<span class=\"_ _1\"></span> S.A. 3.729.483 <span class=\"_ _1\"></span> 1.374.977 <span class=\"_ _1\"></span> Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Navigator Forest<span class=\"_ _1\"></span> Portugal, S.A.<span class=\"_ _1\"></span> (162.410) (62.373) Navigator Tissue A<span class=\"_ _1\"></span>veiro, S.A. <span class=\"_ _1\"></span> - 77.000 Navigator Paper Set\u00fa<span class=\"_ _1\"></span>bal, S.A.<span class=\"_ _1\"></span> (1.439.556) 2.510.585 Navigator Pulp F<span class=\"_ _1\"></span>igueira, S.A. <span class=\"_ _1\"></span> - (9) Raiz - Inst.Invest<span class=\"_ _1\"></span>iga\u00e7\u00e3o Floresta e<span class=\"_ _1\"></span> Papel<span class=\"_ _1\"></span> 268.489 150.542 Portucel Mo\u00e7a<span class=\"_ _1\"></span>mbique, S.A. 24.475.978 (8.021.372) Portucel Finance <span class=\"_ _1\"></span>sp. Z o.o. <span class=\"_ _1\"></span> - (99.840) Emprem\u00e9dia <span class=\"_ _1\"></span>- Corretores de Segu<span class=\"_ _1\"></span>ros, S.A.<span class=\"_ _1\"></span> (15.735) 515 Empremedia DAC<span class=\"_ _1\"></span> 1.572.063 (246.192) Navigator Paper Me<span class=\"_ _1\"></span>xico (11.442) (9.179) Navigator Egypt<span class=\"_ _1\"></span> 21 (43) Altera\u00e7\u00e3o capitai<span class=\"_ _1\"></span>s pr\u00f3prios da i<span class=\"_ _1\"></span>nvestida n\u00e3o re<span class=\"_ _1\"></span>conhecidos e<span class=\"_ _1\"></span>m resultado<span class=\"_ _1\"></span>s 28.416.539 (4.354.319)<span class=\"_ _1\"></span> Distribui\u00e7\u00e3o de d<span class=\"_ _1\"></span>ividendos / reserv<span class=\"_ _1\"></span>as Navigator Brands,<span class=\"_ _1\"></span> S.A.  (6.065.810) - Navigator Pulp A<span class=\"_ _1\"></span>veiro, S.A.  <span class=\"_ _1\"></span> (10.495.391) - Navigator Parques <span class=\"_ _1\"></span>Industriais, S.A<span class=\"_ _1\"></span>. <span class=\"_ _1\"></span> (6.386.346) (6.913.543) Navigator Forest Portu<span class=\"_ _1\"></span>gal, S.A.<span class=\"_ _1\"></span> - (790.466) Navigator Pulp Set\u00faba<span class=\"_ _1\"></span>l, S.A.<span class=\"_ _1\"></span> (24.921.806) - Navigator Pulp F<span class=\"_ _1\"></span>igueira, S.A.<span class=\"_ _1\"></span> - (4.098.466) Navigator Paper Set\u00fa<span class=\"_ _1\"></span>bal, S.A.<span class=\"_ _1\"></span> (20.016.922) (14.122.166)<span class=\"_ _1\"></span> Navigator Tissue A<span class=\"_ _1\"></span>veiro, S.A.<span class=\"_ _1\"></span> (8.501.356) (21.771.001)<span class=\"_ _1\"></span> Navigator Paper <span class=\"_ _1\"></span>Figueira, S.A.<span class=\"_ _1\"></span> (15.321.642) (29.749.461)<span class=\"_ _1\"></span> Emprem\u00e9dia <span class=\"_ _1\"></span>- Corretores de Segu<span class=\"_ _1\"></span>ros, S.A.<span class=\"_ _1\"></span> (1.090.717) (928.910) Enerpulp, S.A.<span class=\"_ _1\"></span> - (7.428.489) Distribui\u00e7\u00e3o de d<span class=\"_ _1\"></span>ividendos / reserv<span class=\"_ _1\"></span>as (92.799.990)<span class=\"_ _1\"></span> (85.802.502)<span class=\"_ _1\"></span> Outros movime<span class=\"_ _1\"></span>ntos e reclassifi<span class=\"_ _1\"></span>ca\u00e7\u00f5es - 5.354.469 Saldo Final 2.093.159.574 1.937.463.508 Provis\u00f5es para subs<span class=\"_ _1\"></span>idi\u00e1rias (Nota<span class=\"_ _1\"></span> 9.1)<span class=\"_ _1\"></span> - (18.293.058)<span class=\"_ _1\"></span> Saldo final con<span class=\"_ _1\"></span>siderando Prov<span class=\"_ _1\"></span>is\u00f5es 2.093.159.574 1.919.170.450 O <span class=\"ls0\">re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ltad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>opri<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> m\u00e9<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>do d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>equ<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>al\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>trim<span class=\"_ _0\"></span>oni<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e0 Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>uce<span class=\"_ _0\"></span>l </span>Mo\u00e7<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>i i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>cta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span><span class=\"ff9\">\u20ac30<span class=\"_ _0\"></span>.3<span class=\"_ _0\"></span>56.<span class=\"_ _0\"></span>972<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>o<span class=\"ff1\">s<span class=\"_ _0\"></span> a d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>c\u00e2mb<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>fav<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> </span></span>acu<span class=\"_ _0\"></span>mul<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>mbol<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9sti<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> (s<span class=\"_ _0\"></span>upr<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s)<span class=\"_ _0\"></span> de l<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>once<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpre<span class=\"_ _0\"></span>sa<span class=\"ls10\">. </span><span class=\"ff3\"> </span>Estimativas e julgamentos Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> nas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>The<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Comp<span class=\"_ _0\"></span>any<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>val\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>imo<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>al a<span class=\"_ _0\"></span>sce<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> 2.<span class=\"_ _0\"></span>093<span class=\"_ _0\"></span> mil<span class=\"_ _0\"></span>h\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> eur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>(2<span class=\"_ _0\"></span>021:<span class=\"_ _3b\"></span> 1.919<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ilh<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> eu<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s)<span class=\"_ _0\"></span>, o qu<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>incl<span class=\"_ _0\"></span>ui <span class=\"_ _0\"></span>Go<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>will<span class=\"_ _0\"></span> ess<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>\u00e0 u<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>caix<span class=\"_ _0\"></span>a P<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>egr<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a Fi<span class=\"_ _0\"></span>guei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Fo<span class=\"_ _0\"></span>z.<span class=\"_ _0\"></span> O G<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>dwi<span class=\"_ _0\"></span>ll <span class=\"_ _0\"></span>n\u00e3o <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>amo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>izad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>a-se<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>uj<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>parid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e, num<span class=\"_ _0\"></span>a b<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>\u00edni<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>anu<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>tos s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>jac<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tuado<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>r\u00e1ve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s g<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>uxo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nado<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>\u00e1lc<span class=\"_ _0\"></span>ulo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alore<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> us<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> Ess<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> c\u00e1<span class=\"_ _0\"></span>lcul<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> exig<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> us<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tima<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span> Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>grav<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 0<span class=\"_ _0\"></span>,5<span class=\"_ _0\"></span>% n<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>onto<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>a no <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Go<span class=\"_ _0\"></span>odw<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>uni<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> cai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>Pap<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>rado<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a Fi<span class=\"_ _0\"></span>guei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Fo<span class=\"_ _0\"></span>z,<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>plic<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>um d<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>mo n<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac2<span class=\"_ _0\"></span>69<span class=\"_ _0\"></span>.081<span class=\"_ _0\"></span>.4<span class=\"_ _0\"></span>88<span class=\"_ _0\"></span> (31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>zem<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de 20<span class=\"_ _0\"></span>20:<span class=\"_ _0\"></span> \u20ac1<span class=\"_ _0\"></span>38<span class=\"_ _0\"></span>.398<span class=\"_ _0\"></span>.5<span class=\"_ _0\"></span>65<span class=\"_ _0\"></span>), <span class=\"_ _0\"></span>aind<span class=\"_ _0\"></span>a as<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>4 <span class=\"_ _0\"></span><span class=\"ff1\">vez<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>abil\u00ed<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ico<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esta<span class=\"_ _0\"></span> </span>uni<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>rado<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ixa<span class=\"_ _0\"></span>. Pol\u00edticas Contabil\u00edsticas Sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e1ria<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> tod<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpre<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> oc<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>e qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a es<span class=\"_ _0\"></span>t\u00e1 <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>ta, <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>dir<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>torn<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>\u00e1vei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>u en<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>vim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e te<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>apa<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara <span class=\"_ _0\"></span>afe<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>orno<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>v\u00e9<span class=\"_ _0\"></span>s do ex<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>c\u00edci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> enti<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s, i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>agem<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>\u00e9m <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>e os <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pita<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span>. A e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>st\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>dire<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> vot<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pote<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue s<span class=\"_ _0\"></span>ej<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ntem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>erc\u00edv<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u con<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rt\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>et\u00e9<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ontr<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>.  Me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o Os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ubsi<span class=\"_ _0\"></span>di\u00e1r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pel<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>\u00e9t<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>val\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>imon<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l. <span class=\"_ _0\"></span> De <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>todo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>val\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>oni<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>seu <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aqu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> aj<span class=\"_ _0\"></span>usta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spon<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> \u00e0 p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>tici<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> nas<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> (i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lui<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sult<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o) das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>art<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>pad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>part<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>u d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ndos<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s. As <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>l\u00ed<span class=\"_ _0\"></span>tica<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tabil<span class=\"_ _0\"></span>\u00eds<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>aju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s, s<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>nec<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s\u00e1ri<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>a gar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o a<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tente<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r. Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Empr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>i\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>gual<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>ultr<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>a o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>u in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to n<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>hec<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rda<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s, ex<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> ti<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>pon<span class=\"_ _0\"></span>sabi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ou e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> pag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>me d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>form<span class=\"_ _0\"></span>e apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 9.<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>- <span class=\"_ _0\"></span>Provi<span class=\"_ _0\"></span>s\u00f5<span class=\"_ _0\"></span>es. <span class=\"_ _0\"></span>Se<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>rme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>atar<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> lu<span class=\"_ _0\"></span>cro<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ota-<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>esse<span class=\"_ _0\"></span>s l<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s so<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>\u00f3s <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s l<span class=\"_ _0\"></span>ucr<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>ar a p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> n\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>. 10.2.<span class=\"ffd ls0\"> <span class=\"_ _46\"> </span><span class=\"ff3\"> T<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s </span></span>Saldos com partes relacionadas 31/12/22 31/12/<span class=\"ls2a\">21</span> Caixa - Financiam. Caixa - Financiam. Cash Valores Valores obtidos - Cash Cash Valores Valores obtidos - Cash Pooling a receber a pagar Pooling Pooling a receber a pagar Pooling Valores em Euros<span class=\"_ _1\"></span> (Nota 5.8) (Nota 4.2) (Nota 4.3) (Nota 5.6) (Nota 5.8) (Nota 4.2) (Nota 4.3) (Nota 5.6) Acionistas Semapa - Soc. de Investimento e Ge<span class=\"_ _1\"></span>st\u00e3o, SGPS, S.A. - - - - - - 1.023.084 - Subsidi\u00e1rias Portucel Mo\u00e7ambique, Lda. -16.074.124179.813 - - 14.865.030 174.985 - Soc. Vinhos Herdade Espirra, S.A.<span class=\"_ _1\"></span> -137.5001.264.631 690.972 -137.8241.251.899 43.771 Eucaliptusland, S.A. 1.958.236 2.696.52219.629.984 -843.296890.76219.476.136 - Enerpulp, S.A. -27.623.84918.714 2.155.999 1.733.13525.681.527 8.800 - Navigator Forest Portugal, S.A.<span class=\"_ _1\"></span> 1.056.508 223.976.2234.161.311 -4.017.761216.076.667 -13.502.206Emprem\u00e9dia, S.A. -314.7382.500.000 --180.051 2.500.000 - Navigator Tissue Aveiro, S.A.<span class=\"_ _1\"></span> 9.224.157 109.574.52412.567.088 -11.593.771110.641.569 6.702.391 - Viveiros Alian\u00e7a, S.A.<span class=\"_ _1\"></span> 295.549 12.452 10.077 -309.067404.346 19.430 457.048 Navigator Paper Set\u00fabal, S.A.<span class=\"_ _1\"></span> -12.670.235210.032.758 68.427.985 5.547.22049.304.601 258.426.311 17.277.315 Navigator Paper Figueira, S.A. <span class=\"_ _1\"></span> -41.300.79550.254.735 42.374.812 37.415.90041.014.027 103.659.149 - Atlantic Forests , S.A. --- - 189.422 55.164 4.105.354 - Navigator Pulp Set\u00fabal, S.A.<span class=\"_ _1\"></span> -22.841.348160.586.837 94.232.683 443.913 24.130.709 159.527.631 5.392.673 Navigator Tissue R\u00f3d\u00e3o, S.A.<span class=\"_ _1\"></span> 7.132.582 3.712.464117.628.515 -6.498.8243.864.894 113.273.287 - Navigator Pulp Figueira, S.A.<span class=\"_ _1\"></span> -23.032.55550.049.785 88.027.911 4.629.83239.953.737 54.839.067 28.853.098 Raiz 517.219 41.636 6.430.576 - - - 4.583.372 225.161 Navigator International Holdi<span class=\"_ _1\"></span>ng SGPS, S.A. - - - - 137.171 -120.430.883- Navigator Brands, S.A.<span class=\"_ _1\"></span> -7.273.55763.612.814 366.639 2.053.234 900.750 31.105.863- Navigator Pulp Aveiro, S.A.<span class=\"_ _1\"></span>  13.543.290 8.759.22519.438.091 -2.008.21562.674.140 27.490.40610.638.537 Navigator Parques Industriais, S.<span class=\"_ _1\"></span>A. -4.115.70841.076.624 170.665 -2.406.27640.756.247907.939 Navigator Abastecimento de Madeira,<span class=\"_ _1\"></span> ACE 20.502.318 1.044.97915.184.766 -47.503.6832.374.016-49.425.162Bosques do Atlantico, S.L.<span class=\"_ _1\"></span> - 252 28.848.149 514.238 - - 28.848.149 2.150.313PulpChem Log\u00ed<span class=\"_ _1\"></span>stics, ACE - - 3.364.800 - - - 2.181.040 - Navigator North America<span class=\"_ _1\"></span> - - 67.774.364 - - - 16.825.852 - Navigator Eurasia -15.249- - - 7.917 - - Navigator Afrique du Nord -  9.371- - - 1.329 - - Navigator United Kingd<span class=\"_ _1\"></span>om, Ltd --16.738.877 - - 7.508.562 20.803.913 - Gavi\u00e3o - Sociedade de Ca\u00e7a e Turi<span class=\"_ _1\"></span>smo, S.A. -  3.9021.333.210 6.594 117.454 -1.379.264- Navigator Tissue Ib\u00e9rica -13.014.830363.134 - - 10.556.982 3.803.135- Navigator It\u00e1lia, SRL --2.068 - - - 1.765 - Navigator Deutschland, Gmb<span class=\"_ _1\"></span>H --243.419 - - - 159.886 - Navigator Austria -53.857- - - - - - Navigator Paper Poland SP Zoo<span class=\"_ _1\"></span> -16.893- - - 10.941 13 - Navigator Egypt, ELLC<span class=\"_ _1\"></span> --58 - - - - - Empremedia DAC -15.619.032100 - - 35.169.737 - - EMA Cacia - Engenharia e Ma<span class=\"_ _1\"></span>nuten\u00e7\u00e3o Industrial, ACE<span class=\"_ _1\"></span> --586 119.629 - - - 221.084 EMA<span class=\"_ _0\"></span> Se<span class=\"_ _0\"></span>t\u00faba<span class=\"_ _0\"></span>l -<span class=\"_ _0\"></span> En<span class=\"_ _0\"></span>genha<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>Manu<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>In<span class=\"_ _0\"></span>dustr<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>, A<span class=\"_ _0\"></span>CE --941 37.375 - - - 291.169 E<span class=\"_ _0\"></span>MA<span class=\"_ _0\"></span> F<span class=\"_ _3b\"></span>igu<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra<span class=\"_ _3b\"></span> - <span class=\"_ _0\"></span>En<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>enh<span class=\"_ _3b\"></span>ar<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>Man<span class=\"_ _3b\"></span>ute<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tr<span class=\"_ _3b\"></span>ial<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span> A<span class=\"_ _0\"></span>CE<span class=\"_ _0\"></span> --1.033 213.733 - - - 293.422 About the Future, S.A. --- - - - 169 96.601 54.229.859 533.935.820 893.297.858 297.339.235 125.041.900 648.811.560 1<span class=\"_ _0\"></span>.0<span class=\"_ _0\"></span>23<span class=\"_ _3b\"></span>.357<span class=\"_ _3b\"></span>.48<span class=\"_ _0\"></span>4 <span class=\"_ _0\"></span> 129.775.499 Transa\u00e7\u00f5es com partes relacionadas 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>(Gastos)(Gastos)Compras Vendas e<span class=\"_ _1\"></span> Gastos Outros Outros / Compras Vendas e<span class=\"_ _1\"></span> Gastos Outros Outros / de bens prest<span class=\"ls2c\">. <span class=\"ls7a\">de </span></span>com rendim. Gastos Rendim<span class=\"ls2c\">. </span>de bens prest. <span class=\"ls7a\">de </span>com rendim. Gastos Rendim. Valores em Euros<span class=\"_ _1\"></span> e servi\u00e7os servi\u00e7os o<span class=\"_\"> </span>pessoalOperac. operac. financ. e servi\u00e7os servi\u00e7os o<span class=\"_\"> </span>pessoalOperac. operac. financ. Acionistas Semapa <span class=\"ff9\">\u2013</span> Soc. De Investimento 8.936.416  - - - - -10.043.173- - - - - e Gest\u00e3o, SGPS, S.A. 8.936.416  - - - - 10.043.173- - - - Subsidi\u00e1rias - - Portucel Finance sp. Z o.o.<span class=\"_ _1\"></span> - - - - - - - - - - - (71.004) S<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span> V<span class=\"_ _3b\"></span>in<span class=\"_ _0\"></span>h<span class=\"_ _3b\"></span>os<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>H<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>da<span class=\"_ _3b\"></span>de<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ir<span class=\"_ _3b\"></span>ra<span class=\"_ _3b\"></span>, <span class=\"_ _0\"></span>S<span class=\"_ _3b\"></span>.A<span class=\"_ _3b\"></span>. 569 32.658 282 - - (22.134) 1.241 - 331 - - (9.200) Eucaliptusland, S.A. -656.187- - - (233.481) -602.844- - (464) (113.561) Enerpulp, S.A. (321.700) 1.935.323(200.490) - - 133.801 (162.428) 312.575(213.222) - - 333.207 Navigator Brands, S.A.<span class=\"_ _1\"></span> 34.399.411  1.377.3493.523.458  - - (301.434) 9.088.196  1.565.009 3.173.946  -(98.978)(35.969) Navigator Forest Portugal, S.A.<span class=\"_ _1\"></span> 217.341 584.317 (527.474) - - 2.393.990  (2.988) 916.759 (458.756) -(513)1.623.599 Emprem\u00e9dia, S.A. - - - - -22.17742.440 -(46.111)-(12.071)53.033 Navigator Tissue Aveiro, S.A. <span class=\"_ _1\"></span> 103.652.798 60.689.534 - - - 1.293.145  67.662.434  44.015.950 -255.135-809.857Viveiros Alian\u00e7a, S.A.<span class=\"_ _1\"></span> 323.165 5.535 - - - 5.750 207.752 - - 5.767-324Navigator Paper Set\u00fabal, S.A. <span class=\"_ _1\"></span> 733.822.652 570.211.403 (8.356.770) 1.892 -(1.218.144)478.994.732 356.319.540 (8.380.950) 6.599.529  -1.378.460Atlantic Forests , S.A. - - - - --146.430 - - 15.093 -(28.009)PulpChem Log\u00edstics, ACE<span class=\"_ _1\"></span> 40.096.793  - - - - -16.424.171- - - - - Navigator Pulp Set\u00fabal, S.A.<span class=\"_ _1\"></span> 384.410.300 67.418.680 (5.654.152) 4.640 -(724.554)252.161.82640.006.811 (5.517.212) -(66.395)266.355 Navigator Tissue R\u00f3d\u00e3o, S.A.<span class=\"_ _1\"></span> 110.496.905 67.060.494 (32.368) - - (809.863)79.893.36946.533.576 -853.980-(752.956)Navigator Pulp Figueira, S.A.<span class=\"_ _1\"></span> 450.587.728 68.247.435 (8.821.980) 6.421 (1.498) 646.227 317.052.36642.120.929 (8.262.168) -(90.523)1.948.524Raiz (1.116) 25.874 (120.961) - - (45.707) (1.434) 321.023 (98.635) -(39.001)(22.300)N<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ga<span class=\"_ _3b\"></span>to<span class=\"_ _3b\"></span>r <span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>nt<span class=\"_ _3b\"></span>er<span class=\"_ _3b\"></span>na<span class=\"_ _0\"></span>t<span class=\"_ _3b\"></span>io<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>al<span class=\"_ _3b\"></span> <span class=\"_ _0\"></span>Ho<span class=\"_ _3b\"></span>ld<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span> - - - - -(488.608)- - - - -141.575S<span class=\"_ _0\"></span>G<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span> S<span class=\"_ _3b\"></span>.A<span class=\"_ _3b\"></span>. Navigator United Kingdom<span class=\"_ _1\"></span>, Ltd 22.260.940  - - - - -18.786.761- - - - - Navigator Tissue Ib\u00e9rica 975.732 46.177.550 - - - - 817.91429.658.532 - - - - Navigator Paper Figueira, S.A. <span class=\"_ _1\"></span> 703.891.494 527.449.696 - - - 32.847 482.457.760370.091.446 -99.152-1.082.456Navigator Pulp Aveiro, S.A.<span class=\"_ _1\"></span>  235.212.127 42.625.554 (3.924.177) - - 389.434 167.517.66426.700.416 (3.803.912) -(37.794)198.366N<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ga<span class=\"_ _3b\"></span>to<span class=\"_ _3b\"></span>r <span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>es<span class=\"_ _3b\"></span> I<span class=\"_ _0\"></span>n<span class=\"_ _3b\"></span>du<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ia<span class=\"_ _3b\"></span>is<span class=\"_ _3b\"></span>, <span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>. -874.712-2.988-222.990-2.021.312- - - 463.705 Navigator North America<span class=\"_ _1\"></span> 4.869.511  164.038.824----3.650.314  107.226.620- - - 119.673 Bosques do Atlantico, S.L.<span class=\"_ _1\"></span> (866) - - - - - (1.293) - - - - - Empremedia DAC - - - - -684.313- - - - -607.899Navigator Afrique du Nord - - - 3.275 --- - - - --Gavi\u00e3o <span class=\"ff9\">\u2013</span> Sociedade de Ca\u00e7a e - - - - -(16.292)- - - 69.482 -(11.198)Turismo, S.A. Navigator It\u00e1lia, SRL 302 - - - - - 355 - - - - - Navigator Netherlands, <span class=\"lsb6\">BV<span class=\"_ _1\"></span></span> - - - - - - 1.281 - - - - - Navigator Deutschland, Gmb<span class=\"_ _1\"></span>H - - - - - - 92 - - - - - Navigator Austria - - - 21.857 - - - - - - - - Navigator Paper Poland SP Zoo<span class=\"_ _1\"></span> - - - 16.893 - - - - - - - - Navigator Eurasia - - - 7.643 - - - - - - - - Na<span class=\"_ _3b\"></span>vig<span class=\"_ _0\"></span>at<span class=\"_ _3b\"></span>or <span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> (38.087) (11.985.153) (512.245) - - 772.728 (24.410) (2.699.553) (391.622) - - (37.385) Ma<span class=\"_ _3b\"></span>dei<span class=\"_ _0\"></span>ra<span class=\"_ _3b\"></span>, A<span class=\"_ _0\"></span>CE<span class=\"_ _0\"></span> About the Future, S.A. - - - - -(536)- - - - - - EMA Cacia <span class=\"ff9\">\u2013</span> Engenharia e - - - - -(2.126)- - - - - - Manuten\u00e7\u00e3o Industrial, ACE<span class=\"_ _1\"></span> EMA Set\u00fabal <span class=\"ff9\">\u2013</span> Engenharia e - - - - -(2.573)- - - - - - Manuten\u00e7\u00e3o Industrial, ACE<span class=\"_ _1\"></span> EMA Figueira <span class=\"ff9\">\u2013</span> Engenharia e - - - - -(2.977)- - - - - - Manuten\u00e7\u00e3o Industrial, ACE<span class=\"_ _1\"></span> 2.<span class=\"_ _3b\"></span>824<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>85<span class=\"_ _0\"></span>5.<span class=\"_ _3b\"></span>999<span class=\"_ _0\"></span> <span class=\"_ _0\"></span> 1.<span class=\"_ _3b\"></span>607<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>42<span class=\"_ _0\"></span>5.<span class=\"_ _3b\"></span>972<span class=\"_ _0\"></span>  (<span class=\"_ _0\"></span>24<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>62<span class=\"_ _0\"></span>6.<span class=\"_ _3b\"></span>877<span class=\"_ _0\"></span>) 65<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>60<span class=\"_ _0\"></span>9 <span class=\"_ _3b\"></span> (<span class=\"_ _0\"></span>1.<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>98<span class=\"_ _0\"></span>) 2.<span class=\"_ _3b\"></span>728<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>97<span class=\"_ _0\"></span>3 1.<span class=\"_ _3b\"></span>894<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>71<span class=\"_ _0\"></span>4.<span class=\"_ _3b\"></span>546<span class=\"_ _0\"></span> <span class=\"_ _0\"></span> 1.<span class=\"_ _3b\"></span>065<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>71<span class=\"_ _0\"></span>3.<span class=\"_ _3b\"></span>789<span class=\"_ _0\"></span>  (<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>99<span class=\"_ _0\"></span>8.<span class=\"_ _3b\"></span>309<span class=\"_ _0\"></span>) 7.<span class=\"_ _3b\"></span>898<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>13<span class=\"_ _0\"></span>8 <span class=\"_ _3b\"></span> (<span class=\"_ _0\"></span>34<span class=\"_ _0\"></span>5.<span class=\"_ _3b\"></span>739<span class=\"_ _0\"></span>) 7.<span class=\"_ _3b\"></span>945<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>45<span class=\"_ _0\"></span>2 <span class=\"_ _3b\"></span> A <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>mune<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>oal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>cha<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> deta<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>7.<span class=\"_ _0\"></span>3 <span class=\"ff15\">\u2013<span class=\"_ _0\"></span><span class=\"ff7\"> Re<span class=\"_ _0\"></span>mun<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> </span></span>do<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>\u00f3rg<span class=\"_ _0\"></span>\u00e3os<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfNotesAndOtherExplanatoryInformationExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-1-2": {
   "value": "O Grupo Navigator (Grupo) \u00e9 constitu\u00eddo pela The Navigator Company, S.A., cuja designa\u00e7\u00e3on\u00e3o sofreu altera\u00e7\u00f5es no exerc\u00edcio (at\u00e9 2015 denominada Portucel, S.A.), e pelas suas subsidi\u00e1rias. ",
   "dimensions": {
    "concept": "ifrs-full:ExplanationOfChangeInNameOfReportingEntityOrOtherMeansOfIdentificationFromEndOfPrecedingReportingPeriod",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "f86847": {
   "value": "Portugal",
   "dimensions": {
    "concept": "ifrs-full:PrincipalPlaceOfBusiness",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-10-2": {
   "value": "A principal atividade do Grupo consiste na produ\u00e7\u00e3o e comercializa\u00e7\u00e3o de papel fino de impress\u00e3o e escrita (UWF) e de papel de uso dom\u00e9stico (tissue), estando presente de forma materialmente relevante em toda a cadeia de valor, desde a investiga\u00e7\u00e3o e desenvolvimento \u00e0 produ\u00e7\u00e3o florestal, aquisi\u00e7\u00e3o e venda de madeiras, produ\u00e7\u00e3o de pasta branqueada de eucalipto\u2013 pasta BEKP \u2013 e produ\u00e7\u00e3o de energia t\u00e9rmica e el\u00e9trica, bem como a respetivacomercializa\u00e7\u00e3o.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "f87858": {
   "value": "The Navigator Company, S.A.",
   "dimensions": {
    "concept": "ifrs-full:NameOfReportingEntityOrOtherMeansOfIdentification",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-8-2": {
   "value": "Mitrena \u2013 Apartado 55",
   "dimensions": {
    "concept": "ifrs-full:AddressOfRegisteredOfficeOfEntity",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "f87893": {
   "value": "2901-861 Set\u00fabal",
   "dimensions": {
    "concept": "ifrs-full:DomicileOfEntity",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "f87902": {
   "value": "Portugal",
   "dimensions": {
    "concept": "ifrs-full:CountryOfIncorporation",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "f87915": {
   "value": "Sociedade an\u00f3nima",
   "dimensions": {
    "concept": "ifrs-full:LegalFormOfEntity",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-21-2": {
   "value": "Semapa \u2013 Sociedade de Investimento e Gest\u00e3o, SGPS, S.A.",
   "dimensions": {
    "concept": "ifrs-full:NameOfParentEntity",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-22-2": {
   "value": "Sodim \u2013 SGPS, S.A.",
   "dimensions": {
    "concept": "ifrs-full:NameOfUltimateParentOfGroup",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-20-2": {
   "value": "1.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Impa<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nf<span class=\"_ _3b\"></span>li<span class=\"_ _1\"></span>to<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r </span></span>na<span class=\"_ _0\"></span> Uc<span class=\"_ _0\"></span>r\u00e2<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>a Em <span class=\"_ _0\"></span>21<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e fe<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2, <span class=\"_ _0\"></span>a Fe<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> R<span class=\"_ _0\"></span>uss<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>ceu<span class=\"_ _0\"></span> of<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>alme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dua<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>\u00fabli<span class=\"_ _0\"></span>cas se<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>les<span class=\"_ _0\"></span>te d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Ucr<span class=\"_ _0\"></span>\u00e2ni<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>riz<span class=\"_ _0\"></span>ou o<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>lit<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> nes<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>rri<span class=\"_ _0\"></span>t\u00f3r<span class=\"_ _0\"></span>io. E<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>24 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fe<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>reir<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>opa<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> inv<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>a U<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>\u00e2nia <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>u-se<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>fli<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>mili<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r g<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>raliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o ne<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>a\u00eds,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> tem<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>cado<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>riai<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> h<span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>uz<span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esl<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s mas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>opul<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span>  Em <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>osta<span class=\"_ _0\"></span>, m<span class=\"_ _0\"></span>\u00fal<span class=\"_ _0\"></span>tipl<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>di\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>onde<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>ui, <span class=\"_ _0\"></span>a U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>\u00e3o E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>opei<span class=\"_ _0\"></span>a,<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>ino<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>Su\u00ed\u00e7a<span class=\"_ _0\"></span>, Est<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>Uni<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Am<span class=\"_ _0\"></span>\u00e9r<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>, Can<span class=\"_ _0\"></span>ad\u00e1<span class=\"_ _0\"></span>, J<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a Au<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>r\u00e1l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>este<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onfl<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ini<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>m a a<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e di<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rsa<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>an\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>\u00f3mi<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>R\u00fa<span class=\"_ _0\"></span>ssia<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rsos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>con\u00f3<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> e,<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>vez<span class=\"_ _0\"></span>es,<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>Biel<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>\u00fas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>a. Po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>, a <span class=\"_ _0\"></span>R\u00fa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>a in<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ou u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>ia\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>b\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>as ec<span class=\"_ _0\"></span>on\u00f3<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as l<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a R\u00fa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>apar<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s rus<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span>. A m<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>an\u00e7<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>acr<span class=\"_ _0\"></span>oec<span class=\"_ _0\"></span>on\u00f3<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>eop<span class=\"_ _0\"></span>ol\u00ed<span class=\"_ _0\"></span>tico<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>urop<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>lit<span class=\"_ _0\"></span>o aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tou<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>tez<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> gl<span class=\"_ _0\"></span>obai<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>o-<span class=\"_ _0\"></span>se \u00e0<span class=\"_ _0\"></span>: <span class=\"_ _0\"></span>i) <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>usp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s\u00e3o <span class=\"_ _0\"></span>e/<span class=\"_ _0\"></span>ou di<span class=\"_ _0\"></span>sr<span class=\"_ _0\"></span>up\u00e7\u00e3<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> neg<span class=\"_ _0\"></span>\u00f3c<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> sed<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u de<span class=\"_ _0\"></span> or<span class=\"_ _0\"></span>ige<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>R\u00fa<span class=\"_ _0\"></span>ssia<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> Uc<span class=\"_ _0\"></span>r\u00e2ni<span class=\"_ _0\"></span>a;<span class=\"_ _0\"></span> ii<span class=\"_ _0\"></span>) au<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>re\u00e7<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span><span class=\"ff7\">comm<span class=\"_ _0\"></span>odi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"ff1\">, <span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>al\u00e7<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mbu<span class=\"_ _0\"></span>st\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>\u00f3s<span class=\"_ _0\"></span>sei<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>os m<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>cere<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s; i<span class=\"_ _0\"></span>ii<span class=\"_ _0\"></span>) </span></span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>tez<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n\u00f3mi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> gl<span class=\"_ _0\"></span>oba<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> esp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>atil<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span>s de<span class=\"_ _3b\"></span> c\u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>axas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>la\u00e7\u00e3<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span>Ev<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>orne<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gia,<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>abas<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>cime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>mat\u00e9<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>s-<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> ou <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>eio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>log\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntin<span class=\"_ _0\"></span>uar<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nomi<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>glo<span class=\"_ _0\"></span>bal<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>cul<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> norm<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> fun<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>te e<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s. Con<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>nun<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>r\u00e7o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>sus<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>a R<span class=\"_ _0\"></span>\u00fas<span class=\"_ _0\"></span>sia<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>Bie<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>r\u00fas<span class=\"_ _0\"></span>sia<span class=\"_ _0\"></span> e e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e1 a<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>anh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>riz<span class=\"_ _0\"></span>ar con<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ua\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ao n<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>afi<span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te e<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>toda <span class=\"_ _0\"></span>a cad<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>nec<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> des<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>aba<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> made<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>at\u00e9ri<span class=\"_ _0\"></span>as-<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> </span></span>sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>luin<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uest<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de l<span class=\"_ _0\"></span>og\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ca)<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>nos <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>vi\u00e7<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> t\u00e9<span class=\"_ _0\"></span>cni<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>apo<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>stad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>geir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>nos <span class=\"_ _0\"></span>Pr<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>erv<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>me <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>tso<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>cing<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>.  Fac<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s da<span class=\"_ _0\"></span> R<span class=\"_ _0\"></span>\u00fass<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Ucr<span class=\"_ _0\"></span>\u00e2ni<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ndas<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po, <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>rep<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>m me<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 1<span class=\"_ _0\"></span>% c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>\u00eanc<span class=\"_ _0\"></span>ia a<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>21 e<span class=\"_ _0\"></span> 0%<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 20<span class=\"_ _0\"></span>22,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> o fac<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>n\u00e3o <span class=\"_ _0\"></span>afe<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>m di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>nec<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xpo<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o di<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>cr\u00e2<span class=\"_ _0\"></span>nia<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> R\u00fa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>a \u00e9<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>n\u00f3c<span class=\"_ _0\"></span>ua. Ape<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to g<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>liza<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>agi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ndu\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>a po<span class=\"_ _0\"></span>l\u00edt<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> neg<span class=\"_ _0\"></span>\u00f3c<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>egui<span class=\"_ _0\"></span>u c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nsar<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>siva<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>av\u00e9s<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e u<span class=\"_ _0\"></span>ma po<span class=\"_ _0\"></span>l\u00edt<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>ns\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>justa<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>\u00e7os <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stra<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ficaz<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>m com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>duti<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>us a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>dus<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> efi<span class=\"_ _0\"></span>ci\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>at\u00e9ri<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>-p<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>as e<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>as. A N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>sar <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a pe<span class=\"_ _0\"></span>rf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ixa<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nfl<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> mil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>Ucr<span class=\"_ _0\"></span>\u00e2ni<span class=\"_ _0\"></span>a<span class=\"ls10\">, </span>nom<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>dam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> n\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>lg<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>onta<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>l\u00eds<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>rele<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>ssa <span class=\"_ _0\"></span>an\u00e1<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se n\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>aram<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>sq<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> ind<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e. Rec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Go<span class=\"_ _0\"></span>odw<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>l O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>alis<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>iam <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>d\u00edc<span class=\"_ _0\"></span>ios <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>rra <span class=\"_ _0\"></span>na Ucr<span class=\"_ _0\"></span>\u00e2n<span class=\"_ _0\"></span>ia,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tuai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>nas <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>sci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>PIB <span class=\"_ _0\"></span>e da <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ugal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>o F<span class=\"_ _0\"></span>MI e<span class=\"_ _0\"></span> B<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> pod<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>iam<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ciar <span class=\"_ _0\"></span>a ex<span class=\"_ _0\"></span>ist\u00ea<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do G<span class=\"_ _0\"></span>ood<span class=\"_ _0\"></span>wil<span class=\"_ _0\"></span>l. <span class=\"_ _0\"></span>N\u00e3o<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>am i<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ficad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>d\u00edc<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de s<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> o Goo<span class=\"_ _0\"></span>dw<span class=\"_ _0\"></span>ill,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>tind<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>olga <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ace<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>l\u00eds<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>uni<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e cai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>(n<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 3<span class=\"_ _0\"></span>.1)<span class=\"_ _0\"></span>. Rec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>, vi<span class=\"_ _3b\"></span>da \u00fat<span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>depr<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis Ten<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>umo<span class=\"_ _0\"></span> glo<span class=\"_ _0\"></span>bal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>WF,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>da p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> fol<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos,<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>stem<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>d\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>t\u00eanc<span class=\"_ _0\"></span>ia d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fix<span class=\"_ _0\"></span>os t<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span>.  Pr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os a<span class=\"_ _3b\"></span>tuari<span class=\"_ _0\"></span>ais O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>alio<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> des<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l a<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e b<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ef\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>gado<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> p\u00f3<span class=\"_ _0\"></span>s-e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span>A d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>ni\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>liza<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>ntar<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>\u00e9cni<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>) b<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>eia-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> cur<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>tabi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e (<span class=\"_ _0\"></span><span class=\"ff7\">yie<span class=\"_ _0\"></span>ld<span class=\"ff1\">)<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> </span></span>ob<span class=\"_ _0\"></span>rig<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> <span class=\"ff7\">r<span class=\"_ _0\"></span>atin<span class=\"_ _0\"></span>g<span class=\"ff1\"> <span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>uri<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>as </span></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>o. D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>rent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stud<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>atua<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>1 de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>uali<span class=\"_ _0\"></span>zou<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> des<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 1<span class=\"_ _0\"></span>,25<span class=\"_ _0\"></span>% p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>,5%<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>ha com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fer\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span>O <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>a na<span class=\"_ _0\"></span> No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>7.2<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>an\u00e1l<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span> aval<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>o im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>ntual<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>scon<span class=\"_ _0\"></span>to.<span class=\"_ _0\"></span> At<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os b<span class=\"_ _0\"></span>iol<span class=\"_ _0\"></span>\u00f3gi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s Na <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>\u00e9t<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>uxo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> sen<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, o <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>\u00edodo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cort<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>re\u00e7<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>algu<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cipai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>stos<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue p<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>er\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>suj<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>lter<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>flito<span class=\"_ _0\"></span> mil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> na <span class=\"_ _0\"></span>Ucr<span class=\"_ _0\"></span>\u00e2n<span class=\"_ _0\"></span>ia.<span class=\"_ _0\"></span> Ne<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tido<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>dur<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 o<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rrer<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ct\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>cedi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>ost<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>del<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>mid<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a <span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>olu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xa d<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>,99<span class=\"_ _0\"></span>% <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a 5<span class=\"_ _0\"></span>,17%<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Na <span class=\"_ _0\"></span>Not<span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>.8<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>ndic<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s des<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> atu<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, b<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a an\u00e1<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sses<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>.<span class=\"ls19\">  </span> <span class=\"_ _39\"> </span>Inv<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s Fac<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>cura<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>ao<span class=\"_ _0\"></span> n\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>UW<span class=\"_ _0\"></span>F, <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po r<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>r\u00e7<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> em 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 <span class=\"_ _0\"></span>as im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nt\u00e1<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>s em<span class=\"_ _0\"></span> \u20ac1<span class=\"_ _0\"></span>3.<span class=\"_ _0\"></span>24<span class=\"_ _0\"></span>1.20<span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span>(No<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> 2.<span class=\"_ _0\"></span>3 e<span class=\"_ _0\"></span> 4.<span class=\"_ _0\"></span>1)<span class=\"_ _0\"></span>. F<span class=\"_ _0\"></span><span class=\"ff1\">ace<span class=\"_ _0\"></span> \u00e0<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>arg<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rati<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> <span class=\"ls30\">o </span></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a 31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2,<span class=\"_ _0\"></span> o v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or r<span class=\"_ _0\"></span>eali<span class=\"_ _0\"></span>z\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> l\u00ed<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>inv<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t\u00e1r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s \u00e9 <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>. Rec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> de <span class=\"_ _3b\"></span>saldo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Cli<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ros <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> a r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ebe<span class=\"_ _0\"></span>r As <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>mpli<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o na<span class=\"_ _0\"></span> IFR<span class=\"_ _0\"></span>S 9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>espe<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> \u00e0<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>. N<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>da IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>9 na <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>olid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>uz<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>onsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue p<span class=\"_ _0\"></span>art<span class=\"_ _0\"></span>e si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>as s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ou d<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>dam<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>riz<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span> Ain<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>vali<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>odi<span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>r\u00e9<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> tod<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>amo<span class=\"_ _0\"></span>rtiz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Ne<span class=\"_ _0\"></span>ste <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>do,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ou a a<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>o da<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>s\u00f5es<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n\u00f3mi<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>utur<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>oncl<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> o i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>acto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e \u00e9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>zid<span class=\"_ _0\"></span>o. Li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>dez A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a si<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>iqu<span class=\"_ _0\"></span>idez<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>t\u00e1ve<span class=\"_ _0\"></span>l,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>do fr<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de uma<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>cri<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>fund<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>anei<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nten<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>itm<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>pla<span class=\"_ _0\"></span>nea<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>ama <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> <span class=\"ff7\">co<span class=\"_ _0\"></span>nfir<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ng<span class=\"ff1\"> <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tende<span class=\"_ _0\"></span>r o<span class=\"_ _0\"></span>s </span></span>pr<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>m,<span class=\"_ _0\"></span> tod<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>ia,<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpac<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>fav<span class=\"_ _0\"></span>orave<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>For<span class=\"_ _0\"></span>nec<span class=\"_ _0\"></span>edo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>. 1.4.3.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Bases<span class=\"_ _1\"></span> de consolida\u00e7<span class=\"_ _1\"></span>\u00e3o </span>1.4.3.1 <span class=\"_ _58\"> </span>Subsidi\u00e1rias Sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e1ria<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> tod<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>o, o<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> oco<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>\u00e1 e<span class=\"_ _3b\"></span>xpost<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>ari\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ulta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>seu<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>lvi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> cap<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sse <span class=\"_ _0\"></span>reto<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>c\u00edc<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span> sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es,<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dent<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>gem<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>et\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>is pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s. A e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>st\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>dire<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> vot<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pote<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue s<span class=\"_ _0\"></span>ej<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ntem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>erc\u00edv<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u con<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rt\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>et\u00e9<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span><span class=\"ls15\">a </span>en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>.  As <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>adas<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>\u00e9t<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>tegr<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> a p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>r da<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ontr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xcl<span class=\"_ _0\"></span>u\u00edda<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>o ce<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>. O c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> o r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nden<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00e0 p<span class=\"_ _0\"></span>arti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e te<span class=\"_ _0\"></span>rce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sent<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ubr<span class=\"_ _0\"></span>icas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ontr<span class=\"_ _0\"></span>ola<span class=\"_ _0\"></span>m, <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7\u00e3<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>olid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>aut<span class=\"_ _0\"></span>\u00f3no<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io)<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a De<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>os.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpre<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>nas Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tram<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>etal<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>. A c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>aq<span class=\"_ _0\"></span>uisi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o da<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>i\u00e1ri<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> m\u00e9t<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>ra.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>m, <span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e uma<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> \u00e9 m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ues<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pit<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ncor<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>dos,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>mid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>mel<span class=\"_ _0\"></span>hor<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va de<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ualq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntin<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>c\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>dq<span class=\"_ _0\"></span>uiri<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ssiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>nge<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>umi<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>uma con<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sar<span class=\"_ _0\"></span>ial <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nic<span class=\"_ _0\"></span>ialm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>aq<span class=\"_ _0\"></span>uisi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o, in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>st\u00ean<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>am.<span class=\"_ _0\"></span> O e<span class=\"_ _0\"></span>xc<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cust<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e aqu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>elat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>cel<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>dent<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s adq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>\u00e9 r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo G<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>dwil<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>se d<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>a na<span class=\"_ _0\"></span> No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>3.1<span class=\"_ _0\"></span>.  Se <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>quisi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> inf<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>i\u00e1<span class=\"_ _0\"></span>ria <span class=\"_ _0\"></span>adq<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span> (G<span class=\"_ _0\"></span>ood<span class=\"_ _0\"></span>will<span class=\"_ _3b\"></span><span class=\"ff7\"> <span class=\"ff1\">negat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o),<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>feren<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>hec<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>dir<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a D<span class=\"_ _0\"></span>emo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os R<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s </span></span>no <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>apu<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>\u00e0 t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>medi<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os. As <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>dos, <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>divi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>os en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>s\u00e3o <span class=\"_ _0\"></span>eli<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>\u00e9m e<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>minad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>d\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>t\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>feri<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>.  Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny <span class=\"_ _0\"></span>j\u00e1 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>t\u00e9m<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> adq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>viam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>just<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>arti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do Goo<span class=\"_ _0\"></span>dw<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> Go<span class=\"_ _0\"></span>odw<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span><span class=\"ff7\"> <span class=\"ff1\">ne<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tivo.<span class=\"_ _0\"></span>  </span></span>Num<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> (<span class=\"ff7\">s<span class=\"_ _0\"></span>tep<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"ff1\">) q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>uisi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>a </span></span>re<span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ualq<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ticip<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te d<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>heci<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rap<span class=\"_ _0\"></span>art<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>aq<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>c\u00e1l<span class=\"_ _0\"></span>culo<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>dwil<span class=\"_ _0\"></span>l. Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntrol<span class=\"_ _3b\"></span>am, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>mpli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>ra\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ualq<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de g<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> ou <span class=\"_ _0\"></span>Go<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>will<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>lque<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>a apu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ansa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ico <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>pa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>tran<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nada<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>o C<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io.<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ltad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> neg<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s g<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pel<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>i\u00e1ri<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s qu<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>\u00e3o con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> alo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tag<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>det<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>tere<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>lam<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>arem<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>. No<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ali<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>da d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntro<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>ria,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>part<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>pa\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>reav<span class=\"_ _0\"></span>aliad<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>da ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span> ou <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>lia\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>\u00e9 r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>trap<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ssa <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00e3o. As <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>l\u00ed<span class=\"_ _0\"></span>tica<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tabil<span class=\"_ _0\"></span>\u00eds<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>aju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s, s<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>nec<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s\u00e1ri<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>a gar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o a<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tente<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> tod<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o.  1.4.3.2 <span class=\"_ _58\"> </span>Associadas Ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>ntid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uais<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nfl<span class=\"_ _0\"></span>u\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span> n\u00e3o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>oss<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>, ge<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>lmen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>inve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>20%<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>50<span class=\"_ _0\"></span>% do<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>rei<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> vo<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> m\u00e9<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>do d<span class=\"_ _0\"></span>a eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>val\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>imo<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>al. De <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>todo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>\u00eanci<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pat<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>oni<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>seu <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aqu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> aj<span class=\"_ _0\"></span>usta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>vari<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>itai<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>(in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>indo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o l<span class=\"_ _0\"></span>\u00edqui<span class=\"_ _0\"></span>do)<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>apa<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>os re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s. As <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>aq<span class=\"_ _0\"></span>uisi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>tif<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>\u00e1vei<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>osit<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> Go<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>will<span class=\"_ _0\"></span><span class=\"ff7\"> <span class=\"ff1\">e <span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no </span></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span> Se<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7as <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m ne<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>stad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>apu<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ubr<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> R<span class=\"_ _0\"></span>esul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>rop<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> e em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>een<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>ntos<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>\u00e0 t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>medi<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os. Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>nd\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>fei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>alia<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>as, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xisti<span class=\"_ _0\"></span>r. Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rda<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a ig<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>rap<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>u in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to n<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>, o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>r pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> adi<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>exc<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span> ti<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pons<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ilid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>tuad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>nom<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>lim<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xt<span class=\"_ _0\"></span>ens\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a par<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>iad<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eali<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>\u00e9m<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>as, ex<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>d\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>t\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>feri<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>.  As <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>l\u00ed<span class=\"_ _0\"></span>tica<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tabil<span class=\"_ _0\"></span>\u00eds<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>izad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> pel<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>vidu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00e1rio<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>form<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ol\u00ed<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po.<span class=\"_ _0\"></span> 1.4.4.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Moeda<span class=\"_ _1\"></span> de apresent<span class=\"_ _1\"></span>a\u00e7\u00e3o e trans<span class=\"_ _1\"></span>a\u00e7\u00f5es em moed<span class=\"_ _1\"></span>a estrangeira<span class=\"_ _45\"></span> </span>i.<span class=\"ffd ls0\"> <span class=\"_ _65\"> </span><span class=\"ff3\">Moeda funcional e de relato </span></span>Os <span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu\u00ed<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o s\u00e3o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>utili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a m<span class=\"_ _0\"></span>oe<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>bie<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>on\u00f3<span class=\"_ _0\"></span>mico<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>que <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> (m<span class=\"_ _0\"></span>oe<span class=\"_ _0\"></span>da fun<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l).<span class=\"_ _0\"></span> As <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ncon<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>adas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os<span class=\"ls10\">, </span>se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>moe<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>ncio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>o. ii.<span class=\"ffd ls0\"> <span class=\"_ _65\"> </span><span class=\"ff3\">Saldos e transa\u00e7\u00f5es expressos em moeda estrang<span class=\"_ _0\"></span>eira<span class=\"_ _1\"></span> </span></span>Tod<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>sos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>eda <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>moe<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lato<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>m con<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> eu<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>zand<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c\u00e2<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>igen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a P<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> (N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 8<span class=\"_ _0\"></span>.1.1<span class=\"_ _0\"></span>). As <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>vor<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>fav<span class=\"_ _0\"></span>or\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>gina<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> c\u00e2<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>io e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> vig<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>an\u00e7<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>game<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os ou <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a D<span class=\"_ _0\"></span>emo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>a,<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>m re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>e/<span class=\"_ _0\"></span>ou gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os n<span class=\"_ _0\"></span>a D<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>onst<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>o. iii.<span class=\"ffd ls0\"> <span class=\"_ _65\"> </span><span class=\"ff3\">Empr<span class=\"_ _0\"></span>esas do Grupo </span></span>Os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ltad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntid<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>uam<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>a fun<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> moe<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>moe<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: i.<span class=\"ffb ls0\"> <span class=\"_ _9c\"> </span><span class=\"ff1\">Os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a De<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>finan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00e0 </span></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>c\u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m vi<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>r n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7\u00e3o<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>olid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>; ii.<span class=\"ffb ls0\"> <span class=\"_ _9c\"> </span><span class=\"ff1\">Os <span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> rub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nver<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00e0 t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>\u00e2mb<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> hi<span class=\"_ _0\"></span>st\u00f3<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a; </span></span>iii<span class=\"_ _0\"></span>.<span class=\"ffb\"> <span class=\"_ _2c\"> </span></span>Os r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>os g<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>De<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onv<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s pe<span class=\"_ _0\"></span>las<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>axas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>\u00e2mb<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> vig<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es. Q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e, ou <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tal <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>rap<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>bene<span class=\"_ _0\"></span>f\u00ed<span class=\"_ _0\"></span>cios<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>del<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>rari<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>, uti<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>za-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os r<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e g<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>c\u00e2m<span class=\"_ _0\"></span>bio<span class=\"_ _0\"></span> m\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>. As <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c\u00e2<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>) e<span class=\"_ _0\"></span> ii<span class=\"_ _0\"></span>i) <span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u201cRe<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>al\u201d<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a R<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>iena<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos.<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pr\u00e9<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>imo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>go p<span class=\"_ _0\"></span>raz<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>i\u00e1ri<span class=\"_ _0\"></span>as e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>edas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tint<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>moe<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> fun<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>uja<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stej<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pla<span class=\"_ _0\"></span>nea<span class=\"_ _0\"></span>da,<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>sej<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>v\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>ra n<span class=\"_ _0\"></span>um fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vis\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>dera<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e2nc<span class=\"_ _0\"></span>ia,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xte<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>a ao<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>sidi<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tran<span class=\"_ _0\"></span>gei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span>. N<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en\u00e7<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9sti<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>am e<span class=\"_ _0\"></span>lim<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>olid<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>na r<span class=\"_ _0\"></span>ubr<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e R<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ervas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ulta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> liq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>a em<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>aduz<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>uta<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xpo<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di\u00e1r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>. iv.<span class=\"ffd\"> <span class=\"_ _65\"> </span></span>Taxas de c\u00e2mbio utilizadas Valoriz<span class=\"_ _1\"></span>a\u00e7\u00e3o / 31/12/22 31/12/21<span class=\"_ _1\"></span> (desvaloriza\u00e7\u00e3o)<span class=\"_ _1\"></span> GBP (Libra esterlina) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 0,85 0,86 0,79% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 0,89 0,84 -5,55% USD (D\u00f3lar americano)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 1,05 1,18 10,99% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 1,07 1,13 5,83% PLN (Zloti polaco) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 4,69 4,57 -2,66% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 4,68 4,60 -1,83% SEK (Coroa sueca)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 10,63 10,15 -4,77% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 11,12 10,25 -8,50% CZK (Coroa checa)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 24,57 25,64 4,19% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 24,12 24,86 2,98% CHF (Franco <span class=\"ls86\">su</span>\u00ed\u00e7o) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 1,00 1,08 7,08% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 0,98 1,03 4,68% DKK (Coroa dinamarquesa)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 7,44 7,44 -0,03% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 7,44 7,44 0,00% HUF (Florim h\u00fangaro) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 391,43 358,52 -9,18% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 400,87 369,19 -8,58% AUD (D\u00f3lar australiano) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 1,52 1,57 3,71% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 1,57 1,56 -0,50% MZM (Metical mo\u00e7ambica<span class=\"_ _1\"></span>no) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 67,20 77,75 13,56% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 68,18 78,09 12,69% MAD (Dirham marroquino)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 10,69 10,67 -0,12% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 11,16 10,52 -6,11% NOK (Coroa norueguesa) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 10,10 10,16 0,59% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 10,51 9,99 -5,26% MXN (Peso mexicano) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 21,18 23,99 11,70% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 20,86 23,14 9,89% AED (Dirham dos Emirados)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 3,87 4,34 10,92% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 3,92 4,16 5,83% CAD (D\u00f3lar canadiano)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 1,37 1,48 7,64% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 1,44 1,44 -0,33% ZAR (Rand sul-africano) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 17,21 17,48 1,54% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 18,10 18,06 -0,20% BRL (Real brasileiro)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 5,44 6,38 14,74% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 5,64 6,31 10,64% EGP (Libra eg\u00edpcia) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 20,18 18,55 -8,81% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 26,31 17,82 -47,63% TRY (Lira turca) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 17,42 10,51 -65,68% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 19,96 15,23 -31,06% Pol\u00edticas Contabil\u00edsticas \u00c1re<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>eg\u00f3<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or A p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>pal<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iste<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rodu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>ess\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _3b\"></span> escri<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>(U<span class=\"_ _0\"></span>WF)<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> us<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>om\u00e9<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>(<span class=\"ff7\">ti<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ue<span class=\"ff1\">)<span class=\"_ _0\"></span>, es<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ese<span class=\"_ _3b\"></span>nte de<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a </span></span>re<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sde<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tiga<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>lvi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>\u00e0 p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7\u00e3o<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>aq<span class=\"_ _0\"></span>uisi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o e <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nda <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>mad<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>past<span class=\"_ _0\"></span>a b<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nqu<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> euc<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>pto<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013</span> p<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ta BEK<span class=\"_ _0\"></span>P <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gia <span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>el\u00e9<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ca,<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>come<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za\u00e7\u00e3<span class=\"_ _0\"></span>o. </span></span>O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>\u00f5e <span class=\"_ _0\"></span>de q<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ompl<span class=\"_ _0\"></span>exo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>is, <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uais<span class=\"_ _0\"></span> l<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>aliza<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s na<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>guei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Fo<span class=\"_ _0\"></span>z e<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Set<span class=\"_ _0\"></span>\u00fabal<span class=\"_ _0\"></span> on<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>z p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a B<span class=\"_ _0\"></span>EK<span class=\"_ _0\"></span>P, <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>l\u00e9t<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l UW<span class=\"_ _0\"></span>F.<span class=\"_ _0\"></span> Di<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>\u00f5e ain<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>lex<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>ndu<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>izad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Av<span class=\"_ _0\"></span>eiro<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>z <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>BEK<span class=\"_ _0\"></span>P, e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ue<span class=\"ff1\">, <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Vil<span class=\"_ _0\"></span>a V<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>R\u00f3d<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uz<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ssue<span class=\"_ _0\"></span><span class=\"ff1 ls10\">. <span class=\"ls0\"> </span></span></span></span></span>A p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>mad<span class=\"_ _0\"></span>eira<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m pl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> ter<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>rios<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> arr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s em<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>ortug<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> Es<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>ha,<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o em <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>cess<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>situ<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os em<span class=\"_ _0\"></span> Mo<span class=\"_ _0\"></span>\u00e7am<span class=\"_ _0\"></span>biq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> pi<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros,<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> a m<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>euc<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>pto<span class=\"_ _0\"></span> \u00e9 e<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>sum<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>BEK<span class=\"_ _0\"></span>P.<span class=\"_ _0\"></span> Na <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>WF<span class=\"_ _0\"></span> e d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span><span class=\"ff7\">tiss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span><span class=\"ff1\"> \u00e9 <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>mid<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>te s<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>nif<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>pr\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> </span></span>pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>BEK<span class=\"_ _0\"></span>P. <span class=\"_ _0\"></span>As <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>BEK<span class=\"_ _0\"></span>P, <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>WF e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>el <span class=\"ff7\">t<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span><span class=\"ff1\"> <span class=\"ff9\">\u2013</span> <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>30<span class=\"_ _0\"></span> </span></span>pa\u00ed<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>it\u00f3r<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m t<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>mun<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>. No<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>\u00e0 pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>sui<span class=\"_ _0\"></span> 3 c<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>oge<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>na pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>zind<span class=\"_ _0\"></span>o-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>vap<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>trici<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>, se<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>umi<span class=\"_ _0\"></span>do in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>e a <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> mai<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>itar<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>ndid<span class=\"_ _0\"></span>a \u00e0<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>onal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>u em me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>sui<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> g\u00e1<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>int<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as na <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l n<span class=\"_ _0\"></span>a F<span class=\"_ _0\"></span>igue<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Foz <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Set<span class=\"_ _0\"></span>\u00fab<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> e d<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rais<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>pen<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ntes,<span class=\"_ _0\"></span> ali<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> bi<span class=\"_ _0\"></span>oma<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>iam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te,<span class=\"_ _0\"></span> \u00e0 r<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al de<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>gia <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado.<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>i a<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>tr\u00ea<span class=\"_ _0\"></span>s ce<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rai<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>oto<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a au<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sumo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>duas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m Set<span class=\"_ _0\"></span>\u00fab<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Fig<span class=\"_ _0\"></span>uei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>Foz<span class=\"_ _0\"></span>. Re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>egme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>rig<span class=\"_ _0\"></span>o da <span class=\"_ _0\"></span>IFR<span class=\"_ _0\"></span>S 8<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mpo<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>env<span class=\"_ _0\"></span>olv<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ativi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ne<span class=\"_ _0\"></span>g\u00f3<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ual <span class=\"_ _0\"></span>pode<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>bt<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>r\u00e9d<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>rer<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> cuj<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nais<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a Co<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> Ex<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>va,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>qual<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> a pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cipal<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>omad<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>cis<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>onai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra e<span class=\"_ _0\"></span>fei<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>oma<span class=\"_ _0\"></span>da de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>s\u00f5es<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a im<span class=\"_ _0\"></span>put<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>urs<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> seg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> e d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>aval<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ho <span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>\u00e0 q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>ja<span class=\"_ _0\"></span> dis<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>n\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>isti<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>a. Cad<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>t\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>roc<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>egr<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>dut<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cada <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gm<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>\u00f3cio<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>(Pa<span class=\"_ _0\"></span>sta <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>do,<span class=\"_ _0\"></span> Pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> UW<span class=\"_ _0\"></span>F, <span class=\"_ _0\"></span>Pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> Ti<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>e<span class=\"ff1\"> <span class=\"_ _0\"></span>e E<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gia<span class=\"_ _0\"></span>) c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>side<span class=\"_ _0\"></span>rand<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pet<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cado<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>e </span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iste<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> pel<span class=\"_ _0\"></span>a Co<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss\u00e3o<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>xec<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nit<span class=\"_ _0\"></span>oriz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>acio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s ne<span class=\"_ _0\"></span>g\u00f3<span class=\"_ _0\"></span>cios<span class=\"_ _0\"></span>. Ne<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>, as<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> int<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>aq<span class=\"_ _0\"></span>uel<span class=\"_ _0\"></span>as qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>oco<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>esmo<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>ple<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>abril<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ujo<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span>.  <span class=\"_ _0\"></span>De<span class=\"_ _0\"></span>sta <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>, os<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>epo<span class=\"_ _0\"></span>rta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal <span class=\"_ _0\"></span>resu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>da agr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> uni<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>g\u00f3<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>i\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>fini<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>met<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to,<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>trans<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>segm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>.  As <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ers<span class=\"_ _0\"></span>egm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>m \u00e0<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntre<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>g\u00f3c<span class=\"_ _0\"></span>io,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>as me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>mina<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>feit<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> efe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>olun<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e \u201cEl<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s\u201d.<span class=\"_ _0\"></span> N<span class=\"ff1\">a<span class=\"_ _0\"></span> ag<span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>acio<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>niu<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o </span>se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>at\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>quel<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>spon<span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s \u00e1<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> neg<span class=\"_ _0\"></span>\u00f3ci<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>e<span class=\"lsd\">: </span> i.<span class=\"ffb ls0\"> <span class=\"_ _3d\"> </span><span class=\"ff1\">Pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>Me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> br<span class=\"_ _0\"></span>anq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> eu<span class=\"_ _0\"></span>cali<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>o B<span class=\"_ _0\"></span>EKP<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado;<span class=\"_ _0\"></span> </span></span></span></span>ii.<span class=\"ffb ls0\"> <span class=\"_ _3d\"> </span><span class=\"ff1\">Pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> UW<span class=\"_ _0\"></span>F <span class=\"_ _0\"></span>- p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pap<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pres<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>scri<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>do </span></span>UW<span class=\"_ _0\"></span>F; iii<span class=\"_ _0\"></span>.<span class=\"ffb\"> <span class=\"_ _a2\"> </span></span>Pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>e<span class=\"ff1\"> -<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pap<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>so d<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>\u00e9s<span class=\"_ _0\"></span>tico<span class=\"_ _0\"></span>;  </span></span>iv<span class=\"_ _0\"></span>.<span class=\"ffb\"> <span class=\"_ _a2\"> </span></span>Ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>bio<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nclui<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>trai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>a co<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>rai<span class=\"_ _0\"></span>s </span></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>oel<span class=\"_ _0\"></span>\u00e9tr<span class=\"_ _0\"></span>icas<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ndep<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>; v.<span class=\"ffb ls0\"> <span class=\"_ _a2\"> </span><span class=\"ff1\">Supo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>e -<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>incl<span class=\"_ _0\"></span>ui <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntro<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>orp<span class=\"_ _0\"></span>orat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o (h<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>a<span class=\"lsd\">).</span> </span></span>No<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>\u00e0 a<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>\u00f3ci<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>alie<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>a-se<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>: \uf0b7<span class=\"ffb\"> <span class=\"_ _47\"> </span><span class=\"ff1 fc6\">Todo<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>equi<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>eto<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Pape<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>UWF <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tram<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu\u00edd<span class=\"_ _0\"></span>os </span></span>nos<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fix<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>ng\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pet<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>. \uf0b7<span class=\"ffb\"> <span class=\"_ _47\"> </span><span class=\"ff1 fc6\">O pat<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>m\u00f3<span class=\"_ _0\"></span>nio<span class=\"_ _0\"></span> imo<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>i\u00e1ri<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>eto<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> seg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>g\u00f3<span class=\"_ _0\"></span>cio.<span class=\"_ _0\"></span> </span></span>\uf0b7<span class=\"ffb\"> <span class=\"_ _47\"> </span><span class=\"ff1 fc6\">Os at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00e0 f<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e af<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ao<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span>gm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> Pap<span class=\"_ _0\"></span>el </span></span>UW<span class=\"_ _0\"></span>F e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>fun<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>apac<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>utiv<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os. \uf0b7<span class=\"ffb\"> <span class=\"_ _47\"> </span><span class=\"ff1 fc6\">A ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>rali<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>afet<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a um<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> seg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>uali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>com </span></span>ex<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>eber<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e1 <span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Port<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>al.  \uf0b7<span class=\"ffb\"> <span class=\"_ _47\"> </span><span class=\"ff1 fc6\">De ac<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a po<span class=\"_ _0\"></span>l\u00edti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r, <span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>\u00e9sti<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>s </span></span>s\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra\u00ed<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span> Hol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A., <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>a tot<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>d\u00edvi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ncar<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>Ne<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s ob<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 5.7<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span><span class=\"ff9\">alo<span class=\"_ _0\"></span>cado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e \u201c<span class=\"_ _0\"></span>Sup<span class=\"_ _0\"></span>orte<span class=\"_ _0\"></span>\u201d, <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>ui <span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> </span>cor<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o (H<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a) d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>exce<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>subs<span class=\"_ _0\"></span>\u00eddi<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>mbo<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>o \u00e0 c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>\u00e1b<span class=\"_ _0\"></span>rica <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> <span class=\"ff7\">t<span class=\"_ _0\"></span>issu<span class=\"_ _0\"></span>e<span class=\"ff9\">,<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ocad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gmen<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>\u201cPa<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>l <span class=\"ff7\">T<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>sue<span class=\"_ _0\"></span><span class=\"ff9\">\u201d e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> </span></span></span></span>par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o su<span class=\"_ _0\"></span>bs\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span> \u201cIn<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>s\u201d <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gm<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span> \u201cP<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> UWF<span class=\"_ _0\"></span>\u201d<span class=\"ff1\">. </span>R\u00e9<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>o  O r<span class=\"_ _0\"></span>\u00e9d<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>raci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> \u00e1re<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>\u00e1fic<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>\u00eds d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>ns <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>vi\u00e7<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po. Os <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>come<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>Cli<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e \u00e0<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>utos<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span><span class=\"ff7\">ti<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>e<span class=\"ff1\"> e<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gia, <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>num<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xt<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>mit<span class=\"_ _0\"></span>ada a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>nsp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>esse<span class=\"_ _0\"></span>s </span></span>pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>s, q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l.  O r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>heci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> r\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>to e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ciona<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>scre<span class=\"_ _0\"></span>ve-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>: Pasta para O r\u00e9dito da pasta,<span class=\"_ _1\"></span> resulta das ven<span class=\"_ _1\"></span>das efetuadas a pr<span class=\"_ _1\"></span>odutores internaciona<span class=\"_ _1\"></span>is de pape<span class=\"_ _1\"></span>l e de d\u00e9cor<span class=\"_ _1\"></span>.<span class=\"_ _1\"></span> O r\u00e9dito \u00e9 reconhe<span class=\"_ _1\"></span>cido Mercado num momento espec<span class=\"_ _1\"></span>\u00edfico, pelo mon<span class=\"_ _1\"></span>tante da obriga\u00e7\u00e3o <span class=\"_ _1\"></span>de performan<span class=\"_ _1\"></span>ce satisfeita,<span class=\"_ _1\"></span> correspondendo o pr<span class=\"_ _1\"></span>e\u00e7o da transa\u00e7\u00e3o a uma quantia fixa<span class=\"_ _1\"></span> faturada em fun<span class=\"_ _1\"></span>\u00e7\u00e3o das quantidade<span class=\"_ _1\"></span>s vendidas, ded<span class=\"_ _1\"></span>uzida de descont<span class=\"_ _1\"></span>os de pronto pag<span class=\"_ _1\"></span>amento e descontos de quant<span class=\"_ _1\"></span>idade, que s<span class=\"_ _1\"></span>\u00e3o determin\u00e1ve<span class=\"_ _1\"></span>is com fiabil<span class=\"_ _1\"></span>idade. Na vertente<span class=\"_ _1\"></span> da exporta\u00e7\u00e3o, a trans<span class=\"_ _1\"></span>fer\u00eancia de control<span class=\"_ _1\"></span>o dos produtos ocorre na<span class=\"_ _1\"></span> sua general<span class=\"_ _1\"></span>idade quando ex<span class=\"_ _1\"></span>iste transfer\u00eanci<span class=\"_ _1\"></span>a de controlo para o<span class=\"_ _1\"></span> cliente, confo<span class=\"_ _1\"></span>rme os <span class=\"_ _45\"></span><span class=\"ff7\">Incoterms</span> negociados. <span class=\"_ _1\"></span> UWF O r\u00e9dito de pa<span class=\"_ _1\"></span>pel, refere-se<span class=\"_ _1\"></span> \u00e0s vendas efetua<span class=\"_ _1\"></span>das atrav\u00e9s de Di<span class=\"_ _1\"></span>stribuidores co<span class=\"_ _1\"></span>merciais (B2B) os<span class=\"_ _1\"></span> quais inclue<span class=\"_ _1\"></span>m grandes distribuidores, <span class=\"_ _1\"></span>grossistas ou ope<span class=\"_ _1\"></span>radores comercia<span class=\"_ _1\"></span>is. O r\u00e9dito \u00e9 recon<span class=\"_ _1\"></span>hecido num momento<span class=\"_ _1\"></span> espec\u00edfico,<span class=\"_ _1\"></span> na data da entrega do produto ao cliente<span class=\"_ _1\"></span> quando o<span class=\"_ _1\"></span>corre a transfer\u00ean<span class=\"_ _1\"></span>cia de contro<span class=\"_ _1\"></span>lo, pelo montante<span class=\"_ _1\"></span> da obriga\u00e7\u00e3o <span class=\"_ _1\"></span>de performance <span class=\"_ _1\"></span>satisfeita, sendo que o pre\u00e7<span class=\"_ _1\"></span>o da transa\u00e7\u00e3o c<span class=\"_ _1\"></span>orresponde a uma qua<span class=\"_ _1\"></span>ntia fixa fatu<span class=\"_ _1\"></span>rada em fun\u00e7\u00e3o das<span class=\"_ _1\"></span> quantidades vend<span class=\"_ _1\"></span>idas, deduzida de descontos de pront<span class=\"_ _1\"></span>o pagamento e <span class=\"_ _1\"></span>descontos de qua<span class=\"_ _1\"></span>nt<span class=\"_ _1\"></span>idade, que s\u00e3o dete<span class=\"_ _1\"></span>rmin\u00e1veis co<span class=\"_ _1\"></span>m fiabilidade.<span class=\"_ _1\"></span>  Tissue O r\u00e9dito de <span class=\"ff7\">tis<span class=\"_ _1\"></span>sue</span> resulta das<span class=\"_ _1\"></span> vendas de papel<span class=\"_ _1\"></span> <span class=\"ff7\">tissue</span> pr<span class=\"_ _1\"></span>oduzido par<span class=\"_ _1\"></span>a a marca pr\u00f3pr<span class=\"_ _1\"></span>ia de redes de ret<span class=\"_ _1\"></span>alho moderno nacionais e inter<span class=\"_ _1\"></span>nacionais. O r\u00e9d<span class=\"_ _1\"></span>ito \u00e9 reconhec<span class=\"_ _1\"></span>ido num momento e<span class=\"_ _1\"></span>spec\u00edfico, pe<span class=\"_ _1\"></span>lo montante da<span class=\"_ _1\"></span> obriga\u00e7\u00e3o de perfor<span class=\"_ _1\"></span>mance satisfeita, sendo <span class=\"_ _1\"></span>que o pre\u00e7o da tr<span class=\"_ _1\"></span>ansa\u00e7\u00e3o corresponde<span class=\"_ _1\"></span> a uma quant<span class=\"_ _1\"></span>ia fixa fatur<span class=\"_ _45\"></span>ada em fun\u00e7\u00e3o das <span class=\"_ _1\"></span>quantidade<span class=\"_ _1\"></span>s vendidas, deduz<span class=\"_ _1\"></span>ida de desconto<span class=\"_ _1\"></span>s de pronto paga<span class=\"_ _1\"></span>mento e descontos <span class=\"_ _1\"></span>de quantidade, que<span class=\"_ _1\"></span> s\u00e3o determina<span class=\"_ _1\"></span>dos com fiabilidade. O<span class=\"_ _1\"></span> r\u00e9dito \u00e9 reconheci<span class=\"_ _1\"></span>do contra a entrega <span class=\"_ _1\"></span>do produto, data<span class=\"_ _1\"></span> em que se cons<span class=\"_ _1\"></span>idera existir a tran<span class=\"_ _1\"></span>sfer\u00eancia do controlo sobre o <span class=\"_ _1\"></span>produto.<span class=\"_ _1\"></span> Energia O r\u00e9dito de energ<span class=\"_ _1\"></span>ia resulta da val<span class=\"_ _1\"></span>oriza\u00e7\u00e3o da ene<span class=\"_ _1\"></span>rgia entregue na <span class=\"_ _1\"></span>Rede naciona<span class=\"_ _1\"></span>l de Energia ou<span class=\"_ _1\"></span> vendida em merca<span class=\"_ _1\"></span>do, conforme contagem<span class=\"_ _1\"></span> em contador, <span class=\"_ _1\"></span>valorizada \u00e0 tar<span class=\"_ _1\"></span>ifa definida no <span class=\"_ _1\"></span>contrato para um per<span class=\"_ _1\"></span>\u00edodo de 25 ano<span class=\"_ _1\"></span>s em curso no primeiro caso ou a<span class=\"_ _1\"></span>o pre\u00e7o de merc<span class=\"_ _1\"></span>ado no segundo<span class=\"_ _1\"></span> caso.<span class=\"_ _1\"></span> A partir de novembr<span class=\"_ _1\"></span>o de 2021, fac<span class=\"_ _1\"></span>e \u00e0 volatilidade<span class=\"_ _1\"></span> dos pre\u00e7os de <span class=\"_ _1\"></span>mercado da energia<span class=\"_ _1\"></span> el\u00e9trica, o Grupo<span class=\"_ _1\"></span> passou vende<span class=\"_ _1\"></span>r o excedente de produ<span class=\"_ _1\"></span>\u00e7\u00e3o da central <span class=\"_ _1\"></span>de ciclo combina<span class=\"_ _1\"></span>do a g\u00e1s natura<span class=\"_ _1\"></span>l de Set\u00fabal a pre<span class=\"_ _1\"></span>\u00e7os de mercado, e<span class=\"_ _1\"></span>m detrimento<span class=\"_ _1\"></span> da tarifa regulada. D<span class=\"_ _1\"></span>urante <span class=\"ls24\">2022</span> o<span class=\"_ _1\"></span> mesmo ac<span class=\"_ _1\"></span>onteceu com o ex<span class=\"_ _1\"></span>cedente de pro<span class=\"_ _1\"></span>du\u00e7\u00e3o d<span class=\"ls43\">as</span> outras centr<span class=\"_ _1\"></span>ais do Grupo.<span class=\"_ _1\"></span> Suporte O r\u00e9dito da venda <span class=\"_ _1\"></span>de outros produtos,<span class=\"_ _1\"></span> como por exemp<span class=\"_ _1\"></span>lo desperd\u00edcios, ou <span class=\"_ _1\"></span>servi\u00e7os (corretagem<span class=\"_ _1\"></span>, por exemplo)<span class=\"_ _1\"></span> \u00e9 reconhecido na data<span class=\"_ _1\"></span> da entrega d<span class=\"_ _1\"></span>o produto ao cl<span class=\"_ _1\"></span>iente pel<span class=\"_ _1\"></span>o montant<span class=\"_ _1\"></span>e da obriga\u00e7\u00e3o<span class=\"_ _1\"></span> de performance sa<span class=\"_ _1\"></span>tisfeita. Os r\u00e9dit<span class=\"_ _1\"></span>os associados a este <span class=\"_ _1\"></span>segmento s\u00e3o re<span class=\"_ _1\"></span>classificados para<span class=\"_ _1\"></span> Outr<span class=\"_ _1\"></span>os rendimentos e <span class=\"_ _1\"></span>ganhos operac<span class=\"_ _1\"></span>ionais ou para<span class=\"_ _1\"></span> menos custo.<span class=\"_ _1\"></span> O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> ci<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>uns<span class=\"_ _0\"></span>t\u00e2n<span class=\"_ _0\"></span>cias<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>erm<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cad<span class=\"_ _0\"></span>a con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>Cli<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>suas<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00e1t<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s h<span class=\"_ _0\"></span>abitu<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>erm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>re\u00e7o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Ne<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>enti<span class=\"_ _0\"></span>do,<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpos<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das,<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r,<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>s\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>r i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>e\u00e7o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> No<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>cif<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>taxa <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ping<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>fig<span class=\"_ _0\"></span>ura <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>axa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>ria <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> pa\u00ed<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>(no<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span> EUA<span class=\"_ _0\"></span>) e<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>term<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ada <span class=\"_ _0\"></span><span class=\"ff7\">a <span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span><span class=\"ff1\">, <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>da </span></span>an\u00e1<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Dep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>nt <span class=\"_ _0\"></span>of<span class=\"_ _0\"></span> Com<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rce<span class=\"_ _0\"></span> <span class=\"ff7\">a<span class=\"_ _0\"></span> pos<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span>i<span class=\"ff1 ls10\">. <span class=\"_ _0\"></span><span class=\"ls0\">Dest<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>fig<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma r<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o </span></span></span>\u00e0 m<span class=\"_ _0\"></span>arg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>rut<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>bti<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> Es<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>Un<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a A<span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> n\u00e3o<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>rans<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> Sub<span class=\"_ _0\"></span>s\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> Li<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>O</span></span>2Os <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bs\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> a l<span class=\"_ _0\"></span>ice<span class=\"_ _0\"></span>n\u00e7as<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>emi<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e C<span class=\"_ _0\"></span>O2 (<span class=\"_ _0\"></span>Not<span class=\"_ _0\"></span>a 3.<span class=\"_ _0\"></span>2)<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>feri<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rma <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>stem<span class=\"_ _0\"></span>\u00e1ti<span class=\"_ _0\"></span>ca du<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s que<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>les<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ubs\u00ed<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>am com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ar. Pol\u00edticas Contabil\u00edsticas Subs\u00eddios do Gover<span class=\"_ _1\"></span>no Sub<span class=\"_ _0\"></span>s\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>plo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o Os <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bs\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gove<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>s\u00f3 s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ap\u00f3<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>tir <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o cum<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ir\u00e1<span class=\"_ _0\"></span> as <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>esm<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>\u00eddi<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>ebi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>Os <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>s\u00edd<span class=\"_ _0\"></span>ios \u00e0<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>plo<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>bid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>obj<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ompe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>rrid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>\u00e3o re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>m\u00e1t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aqu<span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>s\u00eddi<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>sam<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ar. Sub<span class=\"_ _0\"></span>s\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>bio<span class=\"_ _0\"></span>l\u00f3gi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s Os <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bs\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>biol<span class=\"_ _0\"></span>\u00f3gi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>Not<span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>.8)<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>riz<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>u j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r, con<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span> IAS <span class=\"_ _0\"></span>41<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ando<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ermo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>\u00eddi<span class=\"_ _0\"></span>o es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>os. Pol\u00edticas Contabil\u00edsticas Goodwill O <span class=\"ls0\">go<span class=\"_ _0\"></span>odwi<span class=\"_ _3b\"></span>ll re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>eren<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os </span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> cont<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>c\u00e1v<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>incl<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>quis<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntrol<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e \u00e9<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ado a<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Un<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Ge<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Cai<span class=\"_ _0\"></span>xa<span class=\"_ _0\"></span> (U<span class=\"_ _0\"></span>GC)<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>GCs<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> ba<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nce. Amo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade O <span class=\"ls0\">go<span class=\"_ _0\"></span>odwi<span class=\"_ _3b\"></span>ll n\u00e3<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>. O <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>stes<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpar<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>ood<span class=\"_ _0\"></span>will<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>u </span>se<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>e q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> Os<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>\u00e1vei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> uni<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> ger<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>uxo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>aior<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e o <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>so e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span>As <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rdas<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>arid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>goo<span class=\"_ _0\"></span>dw<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o p<span class=\"_ _0\"></span>ode<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>tida<span class=\"_ _0\"></span>s. Ali<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>olo Gan<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ou p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntro<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ou n<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>\u00f3ci<span class=\"_ _0\"></span>o ao <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>good<span class=\"_ _0\"></span>wil<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e1 a<span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nclu<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> o v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>goo<span class=\"_ _0\"></span>dwi<span class=\"_ _0\"></span>ll <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spon<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>. Ded<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ibil<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>l \u00c0 l<span class=\"_ _0\"></span>uz<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> le<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>la\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fis<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tug<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, n\u00e3<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> o g<span class=\"_ _0\"></span>ood<span class=\"_ _0\"></span>will re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>cer <span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>t\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>term<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>is. Di<span class=\"_ _0\"></span>rei<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e C<span class=\"_ _0\"></span>O2As <span class=\"_ _0\"></span>Lic<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> de<span class=\"_ _3b\"></span> emis<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> CO2 at<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu\u00ed<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>\u00e2mb<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gim<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>CELE<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> Co<span class=\"_ _0\"></span>m\u00e9r<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> </span></span>Eur<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Li<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>miss<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>ufa<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> t\u00ed<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> gra<span class=\"_ _0\"></span>tui<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>d\u00e3o<span class=\"_ _0\"></span> ori<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a um <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>g\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spon<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> \u00e0<span class=\"_ _0\"></span>s li<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>s\u00edd<span class=\"_ _0\"></span>io d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Go<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>de i<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>al mo<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la o<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>egar<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s l<span class=\"_ _0\"></span>icen<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ival<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s ao<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sumo<span class=\"_ _0\"></span>s du<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>per\u00ed<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>o. As <span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00f3 s\u00e3<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>nqu<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>g\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uand<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>apaz<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>o, e<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>mens<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pelo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>u j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> (n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nici<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>. Se<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as l<span class=\"_ _0\"></span>ice<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span> sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>abai<span class=\"_ _0\"></span>xo <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>\u00edsti<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>nui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span>nen<span class=\"_ _0\"></span>te,<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rda<span class=\"_ _0\"></span> por<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> sob<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7as <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>vai<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>iliz<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> nas<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. O p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ocia<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>iga\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>evo<span class=\"_ _0\"></span>lve<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>as l<span class=\"_ _0\"></span>ice<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span>s \u00e9 <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cido<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>se n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>emi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eais<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>\u00e1 l<span class=\"_ _0\"></span>iqu<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> e \u00e9<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntab<span class=\"_ _0\"></span>il\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>co das<span class=\"_ _0\"></span> l<span class=\"_ _0\"></span>ice<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>adic<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nais <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> l<span class=\"_ _0\"></span>ice<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span>No <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>stei<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>int<span class=\"_ _0\"></span>ang\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>evol<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>\u00e0 Ent<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>oord<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Lice<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>iam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to u<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> FIF<span class=\"_ _0\"></span>O. Na <span class=\"_ _0\"></span>De<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s Re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> (r<span class=\"_ _0\"></span>ubr<span class=\"_ _0\"></span>ica <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Out<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s g<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>emi<span class=\"_ _0\"></span>ss\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>etu<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ao j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>xce<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>dq<span class=\"_ _0\"></span>uiri<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nsur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>as li<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ir<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> comp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>os r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>is q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>subs<span class=\"_ _0\"></span>\u00eddi<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gov<span class=\"_ _0\"></span>ern<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>gina<span class=\"_ _0\"></span>l (<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>b\u00e9m<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>conh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ui\u00e7\u00e3o<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> eve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s l<span class=\"_ _0\"></span>ice<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>xc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>so. Pol\u00edticas Contabil\u00edsticas Os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>ng\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ded<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>as amo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> por<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpar<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>. O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oced<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>even<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u c<span class=\"_ _0\"></span>irc<span class=\"_ _0\"></span>uns<span class=\"_ _0\"></span>t\u00e2n<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>as i<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ciam<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> o val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>\u00edsti<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>o va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> re<span class=\"_ _3b\"></span>cuper<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>ta,<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhec<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os. O e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>sult<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>\u00e1 a<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>utro,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sumo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span> Qu<span class=\"_ _0\"></span>alq<span class=\"_ _0\"></span>uer <span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a D<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ltad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r\u00e1 d<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>is p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>ir <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>exce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> ven<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ev<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>en\u00e7<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>exc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>as fac<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>umo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ou a<span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rdas<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>arid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e li<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>\u00e3o uti<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>cion<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>e. Ma<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>as Sem<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> nu<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>tivi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ariai<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ej<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>cas,<span class=\"_ _0\"></span> o Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>u r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onhe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>as D<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o, o<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>onde<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>aqu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o. Na <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>eque<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e as<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>arc<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>leti<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>u c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to,<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>vo d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>mor<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>, m<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>do te<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ato <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>ntu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>. As <span class=\"_ _0\"></span>mar<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>r\u00f3<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>Dem<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> vez<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue cor<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>onde<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> int<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e. Int<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>dese<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>lv<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rna<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte As <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span>s de<span class=\"_ _3b\"></span> dese<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>olvi<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>g\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>med<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>cni<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>plet<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>env<span class=\"_ _0\"></span>olvi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>t\u00e1 <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>spon<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>l p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a us<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pr\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>u c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>iali<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> Ca<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>esas<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>sf<span class=\"_ _0\"></span>a\u00e7a<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tos,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>pes<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ga\u00e7<span class=\"_ _0\"></span>\u00e3o, <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span> Pol\u00edticas Contabil\u00edsticas At<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>ixo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>g\u00edv<span class=\"_ _0\"></span>eis Re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l Os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>g\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aqu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>uzid<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>cia\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de.<span class=\"_ _0\"></span> Dep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es e<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> \u00c9 u<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>todo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>quot<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>mome<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>m se<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ncon<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a di<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>n\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>so,<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>zan<span class=\"_ _0\"></span>do-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xas<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>mel<span class=\"_ _0\"></span>hor<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span> \u00fat<span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ada. Anos m\u00e9dios de<span class=\"_ _1\"></span> vida \u00fati<span class=\"_ _1\"></span>l Anos m\u00e9dios de vi<span class=\"_ _1\"></span>da \u00fatil<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Terrenos (custo da pre<span class=\"_ _1\"></span>para\u00e7\u00e3o para flore<span class=\"_ _1\"></span>sta\u00e7\u00e3o)<span class=\"_ _1\"></span> 50<span class=\"ls0\"> </span>50<span class=\"ls0\"> </span>Edif\u00edcios e outras<span class=\"_ _1\"></span> constru\u00e7\u00f5es<span class=\"_ _1\"></span> 10 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>30<span class=\"ls0\"> </span>12 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>30<span class=\"ls0\"> </span>Equipamento b\u00e1<span class=\"_ _1\"></span>sico  4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>20<span class=\"ls0\"> </span>6 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>25<span class=\"ls0\"> </span>Equipamento de tran<span class=\"_ _1\"></span>sporte 4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 9 </span></span>4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 9 </span></span>Ferramentas e uten<span class=\"_ _1\"></span>s\u00edlios<span class=\"_ _1\"></span> 2 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 8 </span></span>2 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 8 </span></span>Equipamento ad<span class=\"_ _1\"></span>ministrativo<span class=\"_ _1\"></span> 4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 8 </span></span>4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 8 </span></span>Outros ativos fixo<span class=\"_ _1\"></span>s tang\u00edveis<span class=\"_ _1\"></span> 4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>10<span class=\"ls0\"> </span>4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>10<span class=\"ls0\"> </span>Os <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>uais<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>\u00fatei<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> aj<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>da. <span class=\"_ _0\"></span>Cas<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00e0s v<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>\u00fatei<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>il\u00eds<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>apli<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>osp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e.  Se <span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>rit<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>\u00e9 s<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>r\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>, pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eu re<span class=\"_ _0\"></span>aj<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gist<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de (N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 3.<span class=\"_ _0\"></span>7<span class=\"lsd\">).</span> Cus<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>uen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s Os <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>nut<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>ama<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>one<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e aqu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo f<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>o ta<span class=\"_ _0\"></span>ng\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>\u00e0 da<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> da pr<span class=\"_ _0\"></span>\u00f3xi<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>ute<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> rep<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>ute<span class=\"_ _0\"></span>n\u00e7\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>no pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>orri<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>. Pe<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>en\u00e7<span class=\"_ _0\"></span>\u00e3o As <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>rva<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>erad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>t\u00e9g<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>elac<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ntos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t\u00e1ve<span class=\"_ _0\"></span>l q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nha <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>lon<span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r m<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>doi<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>c\u00ed<span class=\"_ _0\"></span>cios<span class=\"_ _0\"></span> ec<span class=\"_ _0\"></span>on\u00f3<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span><span class=\"ff9\">s p<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>manu<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>n\u00e7\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo \u201c<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> </span>de<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>ui\u00e7\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>r\u00edt<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as\u201d<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span><span class=\"ff1\">nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> At<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fix<span class=\"_ _0\"></span>os t<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span>. </span>Re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> cl<span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>rv<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>iad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sde<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>mom<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>n\u00edve<span class=\"_ _0\"></span>is p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u00e9-l<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>s at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>da \u00fa<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>l q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>za <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> eq<span class=\"_ _0\"></span>uip<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>rev<span class=\"_ _0\"></span>\u00ea q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>enh<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>tegr<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ltr<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>da \u00fa<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>l re<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s. As <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>rva<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tabi<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>como<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> tang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>van<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s <span class=\"ls12\">e </span>uti<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>\u00edo<span class=\"_ _0\"></span>do,<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>izad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> ape<span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>tem d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ixo<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>is<span class=\"ls10\">. <span class=\"_ _0\"></span><span class=\"ls0\">Nas<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tua\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> </span></span>par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>\u00e1rio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>onhe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>exe<span class=\"_ _0\"></span>rc\u00ed<span class=\"_ _0\"></span>cio <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sumi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s. Enc<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>gos<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>ncei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>\u00e9<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>os Os <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>car<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ncei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>r\u00e9<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> dir<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>elaci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> (c<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edod<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ou d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>vime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xce<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s s\u00e3o<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>faze<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>art<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> cus<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>. No<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>c\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>dos,<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>aisq<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nca<span class=\"_ _0\"></span>rgo<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>\u00e9s<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om a<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ang\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s. Aba<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00f5es Os <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>enie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>ate <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> ali<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>erm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ela <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>eren<span class=\"_ _0\"></span>\u00e7a en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>bim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>na\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>c\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>dedu<span class=\"_ _0\"></span>zid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a qu<span class=\"_ _0\"></span>anti<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>crit<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>conh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> Ou<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>os re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>raci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> (N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>.2) <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> Ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nais<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>Nota<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>.3<span class=\"lsd\">).</span> Pol\u00edticas Contabil\u00edsticas O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>opr<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>nas <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iras<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>m\u00f3<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>tido<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>jet<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span>iza\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> e/<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> obt<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>. Uma<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>edad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>time<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>nici<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>seu<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>u pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o, i<span class=\"_ _0\"></span>ncl<span class=\"_ _3b\"></span>uindo <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>stos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ansa<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> l<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>sejam<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span>. Ap<span class=\"_ _0\"></span>\u00f3s <span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nici<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, as<span class=\"_ _0\"></span> pro<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ied<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> inv<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>dedu<span class=\"_ _0\"></span>zi<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> amo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r im<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>umu<span class=\"_ _0\"></span>lad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>seq<span class=\"_ _0\"></span>uen<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>eda<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>s\u00f3<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>o cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>v\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>les<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>on\u00f3m<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>turo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>acre<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ace<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>no r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>conh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>. Pol\u00edticas Contabil\u00edsticas Sub<span class=\"_ _0\"></span>s\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>inv<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bs\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao i<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>esti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> o o<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>uado<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>ng\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>clui<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo c<span class=\"_ _0\"></span>r\u00e9d<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fis<span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>s, s\u00e3o<span class=\"_ _0\"></span> cl<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo <span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>ndim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 4.3<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013</span> <span class=\"_ _0\"></span>Val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ar) <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>hec<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>os em<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> du<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>a \u00fat<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span> esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>sidi<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o \u00e0 d<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>(No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>3.<span class=\"_ _0\"></span>7),<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> efe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> apre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>. Sub<span class=\"_ _0\"></span>s\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>inv<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>mbo<span class=\"_ _0\"></span>ls\u00e1<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>is Os <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bs\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>obt<span class=\"_ _0\"></span>idos<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>rno<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>sob<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ui\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mos <span class=\"_ _0\"></span>ree<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ols<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>a tax<span class=\"_ _0\"></span>a b<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>da,<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tado<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>heci<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> bas<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ibui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tui<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bs\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span> a amo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ar p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9sti<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u do<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>ja<span class=\"_ _0\"></span> aqu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tend<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anci<span class=\"_ _0\"></span>ar, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e as <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span> Est<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>clu\u00ed<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a ru<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>ntos<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>dos (N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 5.<span class=\"_ _0\"></span>7<span class=\"lsd\">).</span> O<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>subs<span class=\"_ _0\"></span>\u00eddi<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>cebi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s s\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ssif<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o na<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>uxo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a. Pol\u00edticas Contabil\u00edsticas Na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>gor <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o, <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>hece<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>sob<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>rei<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> uso<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> ini<span class=\"_ _0\"></span>cial <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ivo <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> loc<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>aju<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>: i)<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s; <span class=\"_ _0\"></span>ii)<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00e0 l<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>a\u00e7\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>bido<span class=\"_ _0\"></span>s;<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> iii)<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>dire<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span>  Ao <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>b <span class=\"_ _0\"></span>dire<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>uso,<span class=\"_ _0\"></span> pod<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00e1 <span class=\"_ _0\"></span>acre<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>emo<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>/ou <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>aura<span class=\"_ _0\"></span>r o<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>ja<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>e/<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> o l<span class=\"_ _0\"></span>ocal<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>nde <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> exi<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span> O a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>b di<span class=\"_ _0\"></span>rei<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> us<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>\u00e9t<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>near<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>a dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> at\u00e9 <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>inal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>\u00fat<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span>. Adi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>alme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>ob d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>uso <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xist<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>em,<span class=\"_ _0\"></span> e aju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or e<span class=\"_ _3b\"></span>vent<span class=\"_ _0\"></span>uais<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>ca\u00e7\u00e3<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span>A v<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a \u00fa<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>da cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>b di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> ig<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> \u00e0<span class=\"_ _0\"></span> vid<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>\u00fatil<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fix<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>ng\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s (N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>.3)<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span> cl<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>se q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>te o<span class=\"_ _0\"></span>p\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> esp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>rc\u00ea<span class=\"_ _0\"></span>-la. Loca<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s de <span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>ta du<span class=\"_ _0\"></span>ra\u00e7\u00e3<span class=\"_ _0\"></span>o e <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ca\u00e7\u00f5es<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de va<span class=\"_ _0\"></span>lor r<span class=\"_ _0\"></span>edu<span class=\"_ _0\"></span>zid<span class=\"_ _0\"></span>o<span class=\"ff1 fsa fc6\"> </span>O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ce o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de l<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s ig<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> inf<span class=\"_ _0\"></span>erio<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>a 12<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s <span class=\"ff9\">de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>cuj<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aqui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>div<span class=\"_ _0\"></span>idu<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>seja<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nfer<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> \u20ac5<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0 d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>etam<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o </span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>erc\u00ed<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>o (<span class=\"_ _0\"></span>Not<span class=\"_ _0\"></span>a 2<span class=\"_ _0\"></span>.3)<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> lin<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>r. Pol\u00edticas Contabil\u00edsticas Os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>iol<span class=\"_ _0\"></span>\u00f3gi<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cipal<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>det<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>sce<span class=\"_ _0\"></span>t\u00edve<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>abr<span class=\"_ _0\"></span>ico<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> BE<span class=\"_ _0\"></span>KP <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>, m<span class=\"_ _0\"></span>aio<span class=\"_ _0\"></span>rit<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>euc<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ipt<span class=\"_ _0\"></span>o, i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lui<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> out<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>\u00e9ci<span class=\"_ _0\"></span>es, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ho e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> sob<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>.  Os <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>los<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>prop<span class=\"_ _0\"></span>rie<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>pres<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> ru<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> \u201cAt<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>ixo<span class=\"_ _0\"></span>s tan<span class=\"_ _0\"></span>g\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s\u201d <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>posi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a e <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om a p<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>\u00edti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>erid<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>.3.<span class=\"_ _0\"></span> Os<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>lore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rop<span class=\"_ _0\"></span>rie<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> enc<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ensu<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pol<span class=\"_ _0\"></span>\u00edti<span class=\"_ _0\"></span>ca con<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>\u00edsti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>ota <span class=\"_ _0\"></span>3.6<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tado<span class=\"_ _0\"></span>s na<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ubr<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> \u201cA<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>b d<span class=\"_ _0\"></span>irei<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>so\u201d<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>finan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>olid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a. Ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>n\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>3 d<span class=\"_ _0\"></span>a hi<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>arqu<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>13<span class=\"_ _0\"></span>) Na <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>\u00e9t<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>uxo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>quai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>v\u00e9s<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>\u00f3di<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>xte<span class=\"_ _0\"></span>rno<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>ndep<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s. No<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>del<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>env<span class=\"_ _0\"></span>olvi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>ost<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00e0 n<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>rez<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s em<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o, <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>mente<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>icl<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>env<span class=\"_ _0\"></span>olvi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>\u00e9ci<span class=\"_ _0\"></span>es,<span class=\"_ _0\"></span> a pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utivi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>cli<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _3b\"></span>s amb<span class=\"_ _0\"></span>ien<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> o p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>\u00e7o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ven<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>da mad<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> (q<span class=\"_ _0\"></span>uand<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rcad<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo)<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>duz<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>eno<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>arr<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>essi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>cheg<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>stos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>lant<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> man<span class=\"_ _0\"></span>ute<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> ar<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>erre<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>to.<span class=\"_ _0\"></span>  Os <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>inp<span class=\"_ _0\"></span>uts<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>obse<span class=\"_ _0\"></span>rv\u00e1<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>delo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>det<span class=\"_ _0\"></span>alh<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ue, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o qu<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>biol<span class=\"_ _0\"></span>\u00f3gi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s ir<span class=\"_ _0\"></span>\u00e1 <span class=\"_ _0\"></span>aume<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>/ (<span class=\"_ _0\"></span>dimi<span class=\"_ _3b\"></span>nuir)<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiva<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>: \uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">Os p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>arem<span class=\"_ _0\"></span> /<span class=\"_ _0\"></span> (d<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>nu\u00ed<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span>); </span></span>\uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">A es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cor<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>ech<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> dim<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>uir <span class=\"_ _0\"></span>/ <span class=\"_ _0\"></span>(au<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>); </span></span>\uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">A es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> plan<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>ute<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>minui<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>/ (<span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>); <span class=\"_ _0\"></span>e </span></span>\uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">A ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>nui<span class=\"_ _0\"></span>r (<span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>). </span></span>A t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spon<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>nfl<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>utur<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>onsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po es<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>bt<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>flor<span class=\"_ _0\"></span>esta<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>tina<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>alie<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>. \u00c1re<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s Os <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>orri<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>err<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a um<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>meir<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>flor<span class=\"_ _3b\"></span>esta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>xo t<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>el,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>a vi<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>\u00fati<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e coi<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om o<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> Alt<span class=\"_ _0\"></span>era\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>tivas<span class=\"_ _0\"></span><span class=\"ff1\"> </span>As <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>per\u00ed<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cort<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>cust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>outr<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>as s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivos<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>iol<span class=\"_ _0\"></span>\u00f3gi<span class=\"_ _0\"></span>cos <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os. Cor<span class=\"_ _0\"></span>te<span class=\"ff1\"> </span>No<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> cor<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>oriz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>u j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>duzi<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s g<span class=\"_ _0\"></span>asto<span class=\"_ _0\"></span>s es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>esd<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o l<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>abate<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a ou<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>umo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>i o<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>inve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>\u00e1rio<span class=\"_ _0\"></span>. Pol\u00edticas Contabil\u00edsticas Os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nt\u00e1<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>s en<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>-se <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ord<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>inte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cri<span class=\"_ _0\"></span>t\u00e9ri<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>: i.<span class=\"ffb ls0\"> <span class=\"_ _9c\"> </span><span class=\"ff1\">Me<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>t\u00e9r<span class=\"_ _0\"></span>ias-<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>imas<span class=\"_ _0\"></span>  </span></span>As <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>at\u00e9r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span>-pr<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>enc<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tram<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>riz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>aix<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e aqu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o e<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>u va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r r<span class=\"_ _0\"></span>eal<span class=\"_ _0\"></span>iz\u00e1ve<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> O <span class=\"_ _0\"></span>cust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>aqu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>clui<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>inco<span class=\"_ _0\"></span>rri<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span> ao <span class=\"_ _0\"></span>arm<span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>utili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> m\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>o po<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>do c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>\u00e9t<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>eio<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> sa\u00ed<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s. ii.<span class=\"ffb ls0\"> <span class=\"_ _9c\"> </span><span class=\"ff1\">Pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>cab<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m\u00e9di<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>dut<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bal<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>o </span></span>Os <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utos<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>term<span class=\"_ _0\"></span>\u00e9d<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>abal<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>urs<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>ixo <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3o<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ui o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>\u00e9ri<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>-pr<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>corp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as, <span class=\"_ _0\"></span>m\u00e3<span class=\"_ _0\"></span>o-<span class=\"_ _0\"></span><span class=\"ls96\">de<span class=\"ls0\">-ob<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>fab<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> tom<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>n\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>nor<span class=\"_ _0\"></span>mal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e </span></span>pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o) e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>z\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o. O v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l l<span class=\"_ _0\"></span>\u00edq<span class=\"_ _0\"></span>uido<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rres<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>re\u00e7<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>duzi<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aca<span class=\"_ _0\"></span>bam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en\u00e7<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7\u00e3o<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>o val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>z\u00e1v<span class=\"_ _0\"></span>el l<span class=\"_ _0\"></span>\u00edq<span class=\"_ _0\"></span>uido<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>se i<span class=\"_ _0\"></span>nfe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>r,<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>erac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s.<span class=\"ff7\"> </span>Pol\u00edticas Contabil\u00edsticas Cl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>deve<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>es Cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o Os <span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Cl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ulta<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>delo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ne<span class=\"_ _0\"></span>g\u00f3c<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>do \u00e9<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>uxo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>aix<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>tuais<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ved<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>m n<span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>del<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>\u00f3ci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> flu<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tuai<span class=\"_ _0\"></span>s. Me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al Ao <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span>. Me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e Ao <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tiz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>zido<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>arid<span class=\"_ _0\"></span>ade.<span class=\"_ _0\"></span> Imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>Cl<span class=\"_ _0\"></span>ien<span class=\"_ _0\"></span>tes As <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>mpli<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o na<span class=\"_ _0\"></span> IFR<span class=\"_ _0\"></span>S 9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>espe<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> \u00e0<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>as te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a ex<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>i\u00ean<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> his<span class=\"_ _0\"></span>t\u00f3r<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ao l<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>go d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do es<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>isti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>cter<span class=\"_ _0\"></span>\u00edst<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pec<span class=\"_ _0\"></span>\u00edfi<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>to sub<span class=\"_ _0\"></span>ja<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 8<span class=\"_ _0\"></span>.1.4<span class=\"_ _0\"></span>). Imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>es As <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cr\u00e9d<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>IFRS<span class=\"_ _0\"></span> 9<span class=\"_ _0\"></span>. Pol\u00edticas Contabil\u00edsticas For<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ced<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es Os <span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>For<span class=\"_ _0\"></span>nec<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> out<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>orre<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> a me<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o s<span class=\"_ _0\"></span>ej<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ntro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>2 me<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ap\u00f3<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span>s sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e F<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>nec<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nic<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> e sub<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>u c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>amo<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span>. Pol\u00edticas Contabil\u00edsticas As <span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> or<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>clas<span class=\"_ _0\"></span>sif<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pit<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00f3pri<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span>l s<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>al.<span class=\"_ _0\"></span>  Os <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u\u00edve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>\u00e0 e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>trum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>pit<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, l<span class=\"_ _0\"></span>\u00edqui<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>bid<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span>.  Os <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ut\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00e0 e<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e no<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m ne<span class=\"_ _0\"></span>g\u00f3c<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>edu<span class=\"_ _0\"></span>zid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>emi<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o. Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>dqui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>-m<span class=\"_ _0\"></span>\u00e3e <span class=\"_ _0\"></span>(a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3p<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>o pag<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>ui o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cust<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ntai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>dir<span class=\"_ _0\"></span>etam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> (l\u00ed<span class=\"_ _0\"></span>quid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpos<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>), <span class=\"_ _0\"></span>\u00e9 de<span class=\"_ _0\"></span>duz<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00f3pri<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>atri<span class=\"_ _0\"></span>bu\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>det<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>t\u00e9 q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> as <span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>jam<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>elad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eem<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ien<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span> Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>seq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>ndid<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> ree<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>alq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>r r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>bim<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>, l\u00edq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>do d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>atri<span class=\"_ _3b\"></span>bu\u00edvei<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpo<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s, \u00e9<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>efl<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>dir<span class=\"_ _0\"></span>etam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pri<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>exe<span class=\"_ _0\"></span>rc\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>. Pol\u00edticas Contabil\u00edsticas O r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>\u00e1sic<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>\u00e9 a<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>div<span class=\"_ _0\"></span>is\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> lu<span class=\"_ _0\"></span>cro<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>prej<span class=\"_ _0\"></span>u\u00edz<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> aos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>\u00e1rio<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>n\u00fam<span class=\"_ _0\"></span>ero<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>onde<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n\u00e1ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>cir<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>duran<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>o. Par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>alc<span class=\"_ _0\"></span>ular<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dil<span class=\"_ _0\"></span>u\u00eddo<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a aj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> luc<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>eju<span class=\"_ _0\"></span>\u00edzo<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bu\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>det<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ordi<span class=\"_ _0\"></span>n\u00e1<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l pr<span class=\"_ _0\"></span>\u00f3p<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>, be<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span> n\u00fa<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ro m<span class=\"_ _0\"></span>\u00e9d<span class=\"_ _0\"></span>io po<span class=\"_ _0\"></span>nder<span class=\"_ _3b\"></span>ado d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> cir<span class=\"_ _0\"></span>cul<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>fei<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>oda<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>enc<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ordi<span class=\"_ _0\"></span>n\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> dil<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>as. Pol\u00edticas Contabil\u00edsticas A d<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> aos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> rec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>vo n<span class=\"_ _0\"></span>as Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>no p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vide<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span>s Aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>Ass<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>blei<span class=\"_ _0\"></span>a G<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> l<span class=\"_ _0\"></span>iqui<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra,<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ipad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>lho<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e Ad<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>. Pol\u00edticas Contabil\u00edsticas Res<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r Cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>e \u00e0<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>aria<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>umu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>do j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>ertu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 8<span class=\"_ _0\"></span>.2)<span class=\"_ _0\"></span>, l\u00ed<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s. As <span class=\"_ _0\"></span>var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>ecl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>sult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>o (<span class=\"_ _0\"></span>Not<span class=\"_ _0\"></span>a 5.1<span class=\"_ _0\"></span>1)<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cobe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> afe<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>A v<span class=\"_ _0\"></span>aria<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> rub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o \u00e9 <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>cicl<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>. Res<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>rs\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>camb<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l A r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nver<span class=\"_ _0\"></span>s\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>onde<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tante<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cum<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>opr<span class=\"_ _0\"></span>ia\u00e7<span class=\"_ _0\"></span>\u00e3o pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ulta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>stra<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>zon<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o. Res<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>gal A l<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sl<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>abe<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ce q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>pelo<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s, 5<span class=\"_ _0\"></span>% <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o l<span class=\"_ _0\"></span>\u00edq<span class=\"_ _0\"></span>uido<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>nual<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>do a<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>r\u00e7<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>eser<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span> le<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>20%<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o ca<span class=\"_ _0\"></span>pit<span class=\"_ _0\"></span>al soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l. <span class=\"_ _0\"></span>Es<span class=\"_ _0\"></span>ta r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>erv<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>\u00e9 d<span class=\"_ _0\"></span>istr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>quid<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Soc<span class=\"_ _0\"></span>ied<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e. <span class=\"_ _0\"></span>Pod<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00e1, con<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>do,<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>abso<span class=\"_ _0\"></span>rv<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ju\u00ed<span class=\"_ _0\"></span>zos<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>rva<span class=\"_ _0\"></span>s, o<span class=\"_ _0\"></span>u in<span class=\"_ _0\"></span>corp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>. A r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>va l<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tra-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>u\u00edda<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> seu<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>mit<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>m\u00e1xi<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>ntad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>.<span class=\"ff7\"> </span>Out<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>erva<span class=\"_ _3b\"></span>s e R<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>ltad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os Est<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>itu\u00ed<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>r\u00ean<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>nter<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>edu\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>apit<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>os m<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>N\u00e3<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>l a<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o sa<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>i\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>pr\u00f3<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> det<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as (<span class=\"_ _3b\"></span>Nota 5<span class=\"_ _0\"></span>.2<span class=\"_ _0\"></span>). Pol\u00edticas Contabil\u00edsti<span class=\"ls5\">cas</span> Os <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ntos<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>bti<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>lue<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>Obr<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Pap<span class=\"_ _0\"></span>el C<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>os ban<span class=\"_ _0\"></span>c\u00e1r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e ou<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>anci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>. Me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al Ao <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cust<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s. Me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e Ao <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tiz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>, u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>todo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>uro e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a. A d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bol<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ensu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>al \u00e9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ngo<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>d\u00ed<span class=\"_ _0\"></span>vida <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> \u201cJ<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>s em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9sti<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>bti<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>\u201d n<span class=\"_ _0\"></span>a <span class=\"ff1\">N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 5.<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013</span> <span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s. </span>Ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor O v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>co d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>obti<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>curto<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>raz<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ou c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> tax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ri\u00e1v<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>rox<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>a-<span class=\"_ _0\"></span>se d<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>. O j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>bti<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>mun<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>\u00e9 di<span class=\"_ _0\"></span>vul<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>do n<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 8.3<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> At<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s.<span class=\"ff3\"> </span></span></span>Apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o No<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> cor<span class=\"_ _3b\"></span>rente<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>xce<span class=\"_ _0\"></span>to s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>r u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>dire<span class=\"_ _0\"></span>ito <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>dici<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>erir<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>liqu<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> 12<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ap\u00f3s<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ato.<span class=\"_ _0\"></span> <span class=\"_ _39\"> </span> Pol\u00edticas Contabil\u00edsticas Na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>in\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nclu<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>gam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>duz<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>vari<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> esp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>am pag<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>t\u00ed<span class=\"_ _0\"></span>tulo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esi<span class=\"_ _0\"></span>dual<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>uem<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> o p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>c\u00edci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>p\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o ra<span class=\"_ _0\"></span>zo<span class=\"_ _0\"></span>avel<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>idas<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u pa<span class=\"_ _0\"></span>gam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>enal<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cis<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a l<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>r a op<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>ir o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>o. No<span class=\"_ _0\"></span> c\u00e1<span class=\"_ _0\"></span>lcu<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> jur<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> jur<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>ta n<span class=\"_ _0\"></span>a l<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>r f<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>lme<span class=\"_ _0\"></span>nte de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>n\u00e1v<span class=\"_ _0\"></span>el. Sub<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r do<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> loc<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e9 i<span class=\"_ _0\"></span>ncre<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> jur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 5.1<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> <span class=\"_ _0\"></span>Ren<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e g<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>) e<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>u\u00ed<span class=\"_ _0\"></span>do p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>loca<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>). </span></span>Pol\u00edticas Contabil\u00edsticas A r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Cai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>aixa<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>i c<span class=\"_ _0\"></span>aix<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>\u00f3si<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>outr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>urto<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>uri<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>\u00e9 3 <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>z\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nif<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>tua\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r.<span class=\"_ _0\"></span>  Par<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ux<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>xa<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a rub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lui<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>mb\u00e9<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>cobe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ban<span class=\"_ _0\"></span>c\u00e1r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>pres<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> na <span class=\"_ _0\"></span>Po<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eira<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ssiv<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte,<span class=\"_ _0\"></span> na <span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ica <span class=\"_ _0\"></span>Fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 5.<span class=\"_ _0\"></span>7). Pol\u00edticas Contabil\u00edsticas O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o \u201c<span class=\"_ _0\"></span>Rend<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>os\u201d<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>rend<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a ati<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>sour<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o: i<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>obt<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>xc<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>urar<span class=\"_ _0\"></span>ia;<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ii)<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s ne<span class=\"_ _0\"></span>goc<span class=\"_ _0\"></span>iad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ura <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>axa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>c\u00e2m<span class=\"_ _0\"></span>bio<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>igna\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a. Pol\u00edticas Contabil\u00edsticas O i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>to c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> sob<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e9 d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> l\u00ed<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>dos,<span class=\"_ _0\"></span> aju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nfor<span class=\"_ _0\"></span>mid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a l<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sla<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>al v<span class=\"_ _0\"></span>ige<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ira con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>. Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>l Em <span class=\"_ _0\"></span>Po<span class=\"_ _0\"></span>rtu<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntra<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>ujei<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> Reg<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Espe<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Trib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Soc<span class=\"_ _0\"></span>ied<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>RE<span class=\"_ _0\"></span>TGS)<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tu\u00ed<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>as e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>resa<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> ig<span class=\"_ _0\"></span>ual <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> sup<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> 75%<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cump<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>i\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>s no<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>go <span class=\"_ _0\"></span>69<span class=\"_ _0\"></span>.\u00ba <span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> do C<span class=\"_ _0\"></span>\u00f3d<span class=\"_ _0\"></span>igo<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> IRC.<span class=\"_ _3b\"></span> As <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> RETG<span class=\"_ _0\"></span>S a<span class=\"_ _0\"></span>pur<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ost<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> o r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>e fos<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>but<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a \u00f3<span class=\"_ _0\"></span>tica <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ual.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>anto<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo d<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s \u00e0 <span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ied<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>omi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> gr<span class=\"_ _0\"></span>upo <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>scal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te a<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>y,<span class=\"_ _0\"></span> S.A<span class=\"_ _0\"></span>. a<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>pur<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o gl<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span> aut<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>iqui<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>. Cas<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>jam<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s g<span class=\"_ _0\"></span>anh<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>s s\u00e3<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>como<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>na soc<span class=\"_ _0\"></span>ied<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>domi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>. No<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>18<span class=\"_ _0\"></span> foi<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>amb\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>itu\u00ed<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>scal<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m E<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>anh<span class=\"_ _0\"></span>a, o<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ual <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>i as<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>\u00eas<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sed<span class=\"_ _0\"></span>iad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>naq<span class=\"_ _0\"></span>uel<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>a\u00ed<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> <span class=\"ls15\">a </span>Bo<span class=\"_ _0\"></span>squ<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Atl<span class=\"_ _0\"></span>\u00e2nt<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>S.L<span class=\"_ _0\"></span>. a <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e do<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>fis<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>. Pol\u00edticas Contabil\u00edsticas O i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>alc<span class=\"_ _0\"></span>ulado<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>onso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a, sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>or\u00e1ri<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntre<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>\u00edsti<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>base<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>trib<span class=\"_ _0\"></span>uta<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>. P<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> impo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>do \u00e9<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa f<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>igo<span class=\"_ _0\"></span>r no<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>eren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vert<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as. S\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _3b\"></span>cidos<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>e q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l se<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span> de q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>er\u00e3o<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> lu<span class=\"_ _0\"></span>cros<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ut\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>utur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> qua<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> pod<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00e3o s<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os.<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>rev<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>dica<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>duz<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eix<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ov\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>s me<span class=\"_ _0\"></span>smo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>sam<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>izad<span class=\"_ _0\"></span>os.<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>stos<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>os s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> ou <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ndim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>per\u00ed<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>o, e<span class=\"_ _0\"></span>xc<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tado<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>pr\u00f3<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>ua\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ost<span class=\"_ _0\"></span>o di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>mb\u00e9<span class=\"_ _0\"></span>m re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>do n<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>ca.<span class=\"_ _0\"></span> Os<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ntiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fis<span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>atri<span class=\"_ _0\"></span>bu\u00ed<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> \u00e2<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> a de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>olve<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> reco<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>idos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ulta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s do <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> na <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>da e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>st\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ma<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ole<span class=\"_ _0\"></span>t\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>esas<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>i\u00e1<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ta a <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>a uti<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o. <span class=\"_ _ac\"> </span> Pol\u00edticas Contabil\u00edsticas Be<span class=\"_ _0\"></span>nef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>rega<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>urt<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>praz<span class=\"_ _0\"></span>o Dir<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> <span class=\"_ _0\"></span>f\u00e9r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> e s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>\u00eddi<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>f\u00e9r<span class=\"_ _0\"></span>ias </span></span>De <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>n\u00e7\u00e3<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>c\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>\u00e0 T<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>any<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xt<span class=\"_ _0\"></span>ens\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oto<span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cele<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>s Or<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>niz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es <span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> Tr<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>alh<span class=\"_ _0\"></span>ador<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span><span class=\"ls15\">as<span class=\"ls0\"> em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o </span></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>\u00eam <span class=\"_ _0\"></span>dir<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> 25<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>as \u00fa<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> f\u00e9r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>bem<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> a u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>m\u00eas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>\u00eddio<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>f\u00e9ri<span class=\"_ _0\"></span>as. Pr<span class=\"_ _0\"></span>\u00e9mi<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>dut<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e No<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>tui<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>Pr\u00e9<span class=\"_ _0\"></span>mio<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vidad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>hab<span class=\"_ _0\"></span>itua<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>grati<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o aos<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>bor<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>Es<span class=\"_ _0\"></span>te p<span class=\"_ _0\"></span>r\u00e9mi<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ve <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ar a<span class=\"_ _0\"></span> or<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>niz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o da<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utivi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> e r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ntab<span class=\"_ _0\"></span>ilid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>r\u00edti<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt\u00ed<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o no <span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>eg\u00f3<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>as l<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> sus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>da.<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>modo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>o Pr<span class=\"_ _0\"></span>\u00e9m<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>tivi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>abel<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ce o<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>is d<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o em<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>mar<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>ig\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pon<span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ifer<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> n\u00ed<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>is d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pen<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>er\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span>une<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>al b<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e. Gr<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es De <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>stem<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>enh<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>ige<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ode<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>vir <span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> cas<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cum<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>jet<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>dir<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span> nor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>dqui<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>game<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o. Est<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>per\u00ed<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>preg<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>quir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> o re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>apar<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>epe<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>u p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> o s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>dar<span class=\"_ _0\"></span> \u00e0<span class=\"_ _0\"></span> dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a P<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st\u00e1<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ubri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Va<span class=\"_ _0\"></span>lore<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>. Ben<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ego Os <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>f\u00edc<span class=\"_ _0\"></span>ios <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>heci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po d<span class=\"_ _0\"></span>eix<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ode<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span>r a o<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os b<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ef\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>s;<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> na <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e os<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o \u00e2mb<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>vis\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>nef\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> mai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 12 <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>\u00f3s<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>final<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>onta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>.<span class=\"ff3\"> </span>Pol\u00edticas Contabil\u00edsticas Be<span class=\"_ _0\"></span>nef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> p\u00f3<span class=\"_ _0\"></span>s-e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>rego<span class=\"_ _0\"></span> -<span class=\"_ _0\"></span> Pla<span class=\"_ _3b\"></span>nos d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>bene<span class=\"_ _0\"></span>f\u00ed<span class=\"_ _0\"></span>cio <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> Alg<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>i\u00e1<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mir<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>sso d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpre<span class=\"_ _0\"></span>gado<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ni\u00e1ri<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>t\u00edt<span class=\"_ _0\"></span>ulo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pen<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de r<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>lhi<span class=\"_ _0\"></span>ce,<span class=\"_ _0\"></span> inv<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>z, re<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>ada e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>v\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>tuin<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ben<span class=\"_ _0\"></span>ef\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>fini<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>. O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsti<span class=\"_ _0\"></span>tui<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>fun<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s de <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>t\u00f3<span class=\"_ _0\"></span>nomo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>tota<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sabil<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s. C<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> m\u00e9<span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> unid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>ce <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>stos<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a at<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ef\u00ed<span class=\"_ _0\"></span>cios<span class=\"_ _0\"></span> \u00e0 m<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ser<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>\u00e7os<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>dos pe<span class=\"_ _0\"></span>los<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>. D<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>modo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tot<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tima<span class=\"_ _0\"></span>da,<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> meno<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nter<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>anu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>ntid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>epen<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>. A r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>dete<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> \u00e9 a<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>na d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>edu<span class=\"_ _0\"></span>zid<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>os c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>stit<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a Re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>lida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s p<span class=\"_ _3b\"></span>or be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>fini<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s. Os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sv<span class=\"_ _0\"></span>ios <span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>iais<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sult<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>onsa<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mada<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o con<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>\u00eanci<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>era\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>aos <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>mog<span class=\"_ _0\"></span>r\u00e1<span class=\"_ _0\"></span>fico<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> gan<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>i\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>adic<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> o r<span class=\"_ _0\"></span>eto<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>eal <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>quot<span class=\"_ _0\"></span>a-p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span> l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>regi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>egr<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ansi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>. O j<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o l<span class=\"_ _0\"></span>\u00edqu<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u00e0 apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nto a<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>abili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> l\u00edq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> (v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ded<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>undo<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>e \u00e9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>o no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>asto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>al. Os <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> liq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>fini<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onhe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>esul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ando<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span> liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00e3o oco<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>. U<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ocor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>du\u00e7<span class=\"_ _0\"></span>\u00e3o m<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ial <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> n\u00fa<span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s. Os <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m da <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ple<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>ovo <span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> ou <span class=\"_ _0\"></span>acr<span class=\"_ _0\"></span>\u00e9<span class=\"_ _0\"></span>scim<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>. Be<span class=\"_ _0\"></span>nef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> p\u00f3<span class=\"_ _0\"></span>s-e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>rego<span class=\"_ _0\"></span> -<span class=\"_ _0\"></span> Pla<span class=\"_ _3b\"></span>nos d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ui\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> def<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>da A g<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sas <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>miu<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>omi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>os r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntri<span class=\"_ _0\"></span>bui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bui\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>finid<span class=\"_ _0\"></span>a,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>gem<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> abr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>gid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>sses<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nar<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>lem<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pen<span class=\"_ _0\"></span>s\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r ve<span class=\"_ _0\"></span>lhi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>nva<span class=\"_ _0\"></span>lidez<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>v\u00ea<span class=\"_ _0\"></span>ncia.<span class=\"_ _0\"></span> Par<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>fora<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>tu\u00edd<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> Fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Pe<span class=\"_ _0\"></span>ns\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>sam<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>aqu<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>as con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00f5es,<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s po<span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>uar<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ontr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ui\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> vol<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t\u00e1ri<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>, mas<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> qua<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>me <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spons<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> ou <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>etor<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00e9-<span class=\"_ _0\"></span>fix<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>. De<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ui\u00e7\u00f5<span class=\"_ _0\"></span>es e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>adas<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>odo,<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>mente<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>mome<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>sua <span class=\"_ _0\"></span>liq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>. Pol\u00edticas Contabil\u00edsticas Imp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>alia<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>osp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>\u00e9dit<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>os s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e a<span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rdo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> IFR<span class=\"_ _0\"></span>S <span class=\"_ _0\"></span>9. Ne<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhec<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span><span class=\"ff7\">ex<span class=\"_ _0\"></span>pec<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span> los<span class=\"_ _0\"></span>ses<span class=\"ff1\">)<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> </span></span>lo<span class=\"_ _0\"></span>ngo<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>o ob<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>lia<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>num<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>base<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vidu<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> ou <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>let<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>a, t<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rma\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>sus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s, i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lui<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ospe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>pon\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>. Se,<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>risc<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>inst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> ti<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span> aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>nifi<span class=\"_ _0\"></span>cat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nici<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o me<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>impa<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>se i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>trum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> fina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ntia<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>quiv<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> \u00e0<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>to es<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s. A IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>v\u00ea<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>o c\u00e1<span class=\"_ _0\"></span>lcu<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>seja<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>iliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>doi<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>odel<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span><span class=\"lsd\">: </span>m\u00e9<span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>3 <span class=\"_ _0\"></span>fas<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> us<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>riz<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>compo<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>st\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>u n<span class=\"_ _0\"></span>\u00e3o de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nifi<span class=\"_ _0\"></span>cat<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>. N<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>caso<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ncei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r,<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>esma<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tui\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceira<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nham<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>nifi<span class=\"_ _0\"></span>cat<span class=\"_ _0\"></span>iva <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>pto<span class=\"_ _0\"></span>u-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>riz.<span class=\"_ _0\"></span> O m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ordo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span>\u00e9 c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ue: i.<span class=\"_ _a9\"> </span><span class=\"ls0\">Ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>otal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> a c<span class=\"_ _0\"></span>r\u00e9<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>dur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> \u00fal<span class=\"_ _0\"></span>timo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>12</span>me<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>im <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>o mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>duv<span class=\"_ _0\"></span>idos<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>hes<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>cia;ii.<span class=\"_ _a9\"> </span><span class=\"ls0\">Ap<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> Cl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>finid<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>erv<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>iod<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e</span>re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>;iii<span class=\"_ _0\"></span>.<span class=\"_ _af\"> </span>Com<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m I.<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> II.<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>a, e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rob<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff7\">de<span class=\"_ _0\"></span>fau<span class=\"_ _0\"></span>lt<span class=\"ff1\"> <span class=\"_ _0\"></span>(o<span class=\"_ _0\"></span>u se<span class=\"_ _0\"></span>j<span class=\"_ _0\"></span>a, o<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ante</span></span>de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>bra<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>uvid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>pur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m I.<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>saldo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>vend<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>to e<span class=\"_ _0\"></span>mcad<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>alc<span class=\"_ _0\"></span>ulad<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m I<span class=\"_ _0\"></span>I.<span class=\"lsd\">);</span>iv<span class=\"_ _0\"></span>.<span class=\"_ _af\"> </span>Aju<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntag<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>btid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> III.<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>uras<span class=\"_ _0\"></span>;v.<span class=\"_ _af\"> </span><span class=\"ls0\">Apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tag<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"ff7\">de<span class=\"_ _0\"></span>fa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t<span class=\"ff1\"> c<span class=\"_ _0\"></span>onf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>calc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s em<span class=\"_ _0\"></span> IV. <span class=\"_ _3b\"></span>aos s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Clie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s</span></span></span>ain<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>.Ape<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>IFRS<span class=\"_ _0\"></span> 9 <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>umi<span class=\"_ _0\"></span>r 90<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo <span class=\"_ _0\"></span>\u201c<span class=\"ff7\">d<span class=\"_ _0\"></span>efa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t<span class=\"ff9\">\u201d,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o N<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> 180 <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> </span></span>po<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xpe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>\u00eanci<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>este<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>raz<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span><span class=\"ls12\">\u00e9 <span class=\"ls0\">redu<span class=\"_ _0\"></span>zid<span class=\"_ _0\"></span>a,<span class=\"_ _0\"></span> al\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>r al<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>had<span class=\"_ _0\"></span>o </span></span>com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>pol<span class=\"_ _0\"></span>\u00edti<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>nome<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> diz<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>trat<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpo<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ament<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e0 l<span class=\"_ _0\"></span>uz<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _0\"></span>5.<span class=\"_ _0\"></span> Ad<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>onal<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>vali<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> o i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> 18<span class=\"_ _0\"></span><span class=\"ff9\">0 d<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u201c<span class=\"ff7\">d<span class=\"_ _0\"></span>efa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t<span class=\"ff9\">\u201d <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>det<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 90 d<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>\u201c<span class=\"ff7\">Ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>cte<span class=\"_ _0\"></span>d <span class=\"_ _0\"></span>Credi<span class=\"_ _0\"></span>t <span class=\"_ _0\"></span>Loss<span class=\"_ _0\"></span><span class=\"ff9\">\u201d n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> </span></span></span></span></span>alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>cat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>. Al\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>odel<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ela <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>caso<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e si<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ora <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>atad<span class=\"_ _0\"></span>a,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 5%<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span><span class=\"ls93\">10%<span class=\"ls0\"> <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a C<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>naci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais)<span class=\"_ _0\"></span>. </span></span>Fac<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u00e0 s<span class=\"_ _0\"></span>itu<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>do c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>fli<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>mili<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r n<span class=\"_ _0\"></span>a U<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>\u00e2nia<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>isco<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e cr<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, con<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>n\u00f3m<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>o-f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>mac<span class=\"_ _0\"></span>roe<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n\u00f3mi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>. Ne<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>refe<span class=\"_ _0\"></span>r\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de d<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, <span class=\"_ _0\"></span>foi<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>r\u00e7a<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> o v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de re<span class=\"_ _0\"></span>cup<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>abili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> \u20ac1<span class=\"_ _0\"></span>.17<span class=\"_ _0\"></span>1.78<span class=\"_ _0\"></span>8<span class=\"ff1\"> <span class=\"_ _0\"></span><span class=\"lsd\">(31<span class=\"ls0\"> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>zem<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>021<span class=\"lsd\">: </span><span class=\"ff9\">r<span class=\"_ _0\"></span>edu<span class=\"_ _0\"></span>zid<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m \u20ac<span class=\"_ _0\"></span>12<span class=\"_ _0\"></span>3.1<span class=\"_ _0\"></span>46<span class=\"_ _0\"></span><span class=\"ff1 lsd\">).<span class=\"ls0\"> </span></span></span></span></span></span>Al\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>so,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhece<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>casu<span class=\"_ _0\"></span>\u00edst<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s es<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c\u00edfi<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ev<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>sado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>ec\u00ed<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>onta<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> hi<span class=\"_ _0\"></span>st\u00f3<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>as con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>apa<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>es,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>u pe<span class=\"_ _0\"></span>rfi<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ros <span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>v\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ir <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>iste<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dica<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> obj<span class=\"_ _3b\"></span>etivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de i<span class=\"_ _0\"></span>mpar<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>inan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span><span class=\"ls10\">. <span class=\"ls0\">O Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>za <span class=\"_ _0\"></span>o </span></span>pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>anu<span class=\"_ _0\"></span>la\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>(<span class=\"ff7\">wr<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>-o<span class=\"_ _0\"></span>ff<span class=\"ff1\">)<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rado<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nit<span class=\"_ _0\"></span>ivam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te </span></span>in<span class=\"_ _0\"></span>cobr<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>, po<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>unal<span class=\"_ _3b\"></span>.<span class=\"_ _1\"></span> Pol\u00edticas Contabil\u00edsticas O j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s In<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>ncon<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a-s<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu\u00ed<span class=\"_ _0\"></span>do n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> V<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> a p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 4.<span class=\"_ _0\"></span>3)<span class=\"_ _0\"></span>, qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>Val<span class=\"_ _0\"></span>ores<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span> (N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 4<span class=\"_ _0\"></span>.2)<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do po<span class=\"_ _0\"></span>siti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>. Con<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> In<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>opto<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>r a <span class=\"_ _0\"></span>apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> </span></span>os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>abili<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na IA<span class=\"_ _0\"></span>S 3<span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> In<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> </span></span>qu<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>aior<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>bilid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>roj<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Dynam<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span> Ri<span class=\"_ _0\"></span>sk<span class=\"_ _0\"></span> Ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span><span class=\"ff7\"> (m<span class=\"_ _0\"></span>acro<span class=\"_ _0\"></span> </span>he<span class=\"_ _0\"></span>dgi<span class=\"_ _3b\"></span>ng<span class=\"ff1\">) at<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>rso<span class=\"_ _0\"></span>. </span>Sem<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xpe<span class=\"_ _0\"></span>cta<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>olu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o ou<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>\u00e2m<span class=\"_ _0\"></span>bio <span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>m,<span class=\"_ _0\"></span> o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ocu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>atar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rtur<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>os, <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>deri<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> <span class=\"ff7\">i<span class=\"_ _0\"></span>nter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>wap<span class=\"_ _0\"></span>s<span class=\"ff1\"> (<span class=\"_ _0\"></span>IRS)<span class=\"_ _0\"></span>, <span class=\"ff7\">c<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>lar<span class=\"_ _0\"></span>s<span class=\"ff1\"> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> </span></span></span></span>c\u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span><span class=\"ff7\">for<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span><span class=\"ff1\"> c<span class=\"_ _0\"></span>ambi<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s, et<span class=\"_ _0\"></span>c. </span></span>Ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _3b\"></span>o<span class=\"_ _1\"></span> Ape<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rata<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ponde<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>em a<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>rum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> efi<span class=\"_ _0\"></span>caze<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n\u00f3<span class=\"_ _0\"></span>mica<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ri<span class=\"_ _0\"></span>scos<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>nem<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>odos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>qual<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>stru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>ertu<span class=\"_ _0\"></span>ra con<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>\u00edsti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cord<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>as e<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>equi<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> apli<span class=\"_ _0\"></span>c\u00e1<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>is.<span class=\"_ _0\"></span> Os<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>fiq<span class=\"_ _0\"></span>uem<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>ntos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cobe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ica <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na P<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> seu<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>aria<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>mes<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>ndim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>(No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>5.<span class=\"_ _0\"></span>11)<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>u, <span class=\"_ _0\"></span>em For<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>Ser<span class=\"_ _0\"></span>vi\u00e7<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> Ext<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> (N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>.3)<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> R\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>to (N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 2<span class=\"_ _0\"></span>.1)<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fir<span class=\"_ _0\"></span>am \u00e0<span class=\"_ _0\"></span> cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>flu<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>eda <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sent<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o. Ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>ura Os <span class=\"_ _0\"></span>Inst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a fi<span class=\"_ _0\"></span>ns <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>dos con<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>isti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de c<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tura<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esd<span class=\"_ _0\"></span>e q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>cum<span class=\"_ _0\"></span>pra<span class=\"_ _0\"></span>m, <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>mul<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte,<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>as con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> IAS <span class=\"_ _0\"></span>39<span class=\"_ _0\"></span>. Cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>flu<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a (r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>de t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>c\u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> <span class=\"ff7\">co<span class=\"_ _0\"></span>mmod<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"ff1\"> - <span class=\"_ _0\"></span>BH<span class=\"_ _0\"></span>KP) </span></span>O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o da<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>\u00e0s <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>c\u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>o, r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ober<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>uxo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a. Est<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7\u00e3<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>alar<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>u j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a me<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>jam<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>zes<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> jus<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nici<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Se <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nefi<span class=\"_ _0\"></span>caz<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u a <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>a da<span class=\"_ _0\"></span>\u00ed d<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e \u00e9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gist<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>m re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>acu<span class=\"_ _0\"></span>mul<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os em<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsf<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o o <span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>afe<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>tado<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xem<span class=\"_ _0\"></span>plo,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>tura<span class=\"_ _0\"></span> cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> mat<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>iza)<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>O g<span class=\"_ _0\"></span>anh<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>a pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pon<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>caz<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>swa<span class=\"_ _0\"></span>ps d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>taxa<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ju<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cobr<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>\u00e9 r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>rubr<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e Re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>5.1<span class=\"_ _0\"></span>1).<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nto,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>a, o<span class=\"_ _0\"></span>rig<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>heci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>o n\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>(po<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>o, in<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>t\u00e1r<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fix<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>tang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rda<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ior<span class=\"_ _3b\"></span>mente<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rido<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>\u00eddo<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>. Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>umen<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> ven<span class=\"_ _0\"></span>dido<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>r o<span class=\"_ _0\"></span>s cr<span class=\"_ _0\"></span>it\u00e9<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>xigi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>seja<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tabi<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rdas<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>apita<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00f3pri<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>cicl<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ara <span class=\"_ _0\"></span>a D<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>to q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> o i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cobe<span class=\"_ _0\"></span>rto<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>anh<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>acum<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>apit<span class=\"_ _0\"></span>al p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>o a <span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>no c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span>l p<span class=\"_ _0\"></span>r\u00f3<span class=\"_ _0\"></span>prio<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue a<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>r\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>clad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uand<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>na Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"ff7\"> </span>Ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>liza<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>upo <span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor Der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os c<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> neg<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>tem <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>bial<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ndas<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>fat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>\u00e2nc<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> d\u00f3l<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>nor<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>-ame<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> (U<span class=\"_ _0\"></span>SD) <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>libr<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>(G<span class=\"_ _0\"></span>BP)<span class=\"_ _0\"></span>. U<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>vez<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>emo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>ros,<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sta <span class=\"_ _0\"></span>a um<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n\u00f3m<span class=\"_ _0\"></span>ico<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a con<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s fl<span class=\"_ _0\"></span>ux<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>oe<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> o e<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> O <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>\u00e9m,<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>bor<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>gun<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>exp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> fun<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Des<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> mod<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tura<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo o<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> o s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7\u00e3<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eira<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>moe<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>dife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>apre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a as<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pet<span class=\"_ _0\"></span>ivas<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es c<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s. Os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tura <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> nes<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> <span class=\"ff7\">fo<span class=\"_ _0\"></span>rw<span class=\"_ _0\"></span>ard<span class=\"_ _0\"></span>s<span class=\"ff1\"> <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>bia<span class=\"_ _0\"></span>is,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>atad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> </span></span>sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>posi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o l\u00ed<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> moe<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>oe<span class=\"_ _0\"></span>da d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>apre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tant<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e dat<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>enci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>\u00f3xi<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>eza<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rto<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>vari<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o cam<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>regi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>titu<span class=\"_ _0\"></span>lad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>oed<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a mo<span class=\"_ _0\"></span>eda<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> m\u00ea<span class=\"_ _0\"></span>s \u00e9<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>a uma<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> sald<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Cli<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> F<span class=\"_ _0\"></span>orne<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, cu<span class=\"_ _0\"></span>jo<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>anh<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>u p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>a \u00e9<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ompe<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r do<span class=\"_ _0\"></span>s <span class=\"ff7\">f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ward<span class=\"_ _0\"></span>s<span class=\"ff1\"> <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s. </span></span>Cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ndas<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> | R<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>bial<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>UR/<span class=\"_ _0\"></span>USD<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>EU<span class=\"_ _0\"></span>R/<span class=\"_ _0\"></span>GBP O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u00e0 u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om o<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> l<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> o ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>exp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ambi<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e0s <span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>as e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>USD<span class=\"_ _0\"></span> e GBP<span class=\"_ _0\"></span>. Cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>flu<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a | <span class=\"_ _0\"></span>Tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>ro O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>cede<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pag<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> jur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>utur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>soci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>\u00e0s em<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>gaci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> sw<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ga <span class=\"_ _0\"></span>uma <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>taxa <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l.<span class=\"_ _0\"></span> O r<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>erid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>inst<span class=\"_ _0\"></span>rum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>\u00e9 de<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rtu<span class=\"_ _0\"></span>ra d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ux<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>ama <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span> ao <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9st<span class=\"_ _0\"></span>imo<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>rig<span class=\"_ _0\"></span>acio<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>sta. Cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>flu<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a | <span class=\"_ _0\"></span><span class=\"ff7\">Com<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span><span class=\"ff1\"> -<span class=\"_ _0\"></span> BH<span class=\"_ _0\"></span>KP </span></span>O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>usa i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>deri<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>miz<span class=\"_ _0\"></span>ar o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xpos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>var<span class=\"_ _0\"></span>ia\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>e\u00e7o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>xa<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>PIX,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m U<span class=\"_ _0\"></span>SD.<span class=\"_ _3b\"></span> Pol\u00edticas Contabil\u00edsticas O j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>hie<span class=\"_ _0\"></span>rar<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>13<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013</span> <span class=\"_ _0\"></span>Me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>: N\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> 1<span class=\"ff1\"> <span class=\"_ _b1\"> </span>Bas<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s l\u00ed<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>to. </span>N\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> 2<span class=\"ff1\"> <span class=\"_ _b1\"> </span>Det<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>curs<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>los <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>rin<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uais<span class=\"_ _0\"></span> </span>n\u00e3o<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>rv<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> mer<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>do. N\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> 3<span class=\"ff1\"> <span class=\"_ _b1\"> </span>Det<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>curs<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>los <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>cuj<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>npu<span class=\"_ _0\"></span>ts <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o </span>ob<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>v\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cado<span class=\"_ _0\"></span>.<span class=\"ff3 fs0 fc2\"> <span class=\"_ _46\"> </span> <span class=\"_ _5b\"> </span><span class=\"ff1\"> </span></span>Pol\u00edticas Contabil\u00edsticas S\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>enh<span class=\"_ _0\"></span>a um<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> l<span class=\"_ _0\"></span>egal<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>trut<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>a, com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>cime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>sad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>sej<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> sa<span class=\"_ _0\"></span>\u00edd<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ecur<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ne <span class=\"_ _0\"></span>nece<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>liq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>ar,<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span> ser<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>fi\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>obri<span class=\"_ _0\"></span>ga\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span>  N\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>hec<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>vis\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>is f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>As <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> rev<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Dem<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>posi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>etiv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ige<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>aju<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e mo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>mel<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span> a e<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata.<span class=\"_ _0\"></span> O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>p\u00ea<span class=\"_ _0\"></span>ndio<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>me <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ssiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>r\u00e1ct<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>bie<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>al.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span>sim<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>\u00eandi<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>pam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>cni<span class=\"_ _0\"></span>cas <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>sseg<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ump<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>leg<span class=\"_ _0\"></span>isl<span class=\"_ _0\"></span>a\u00e7\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>gul<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>apl<span class=\"_ _0\"></span>ic\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>bem<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pact<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>bie<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>n\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o ex<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>dam<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>onde<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>i\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>tecn<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>as re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s \u00e0 <span class=\"_ _0\"></span>mini<span class=\"_ _0\"></span>miz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sum<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>\u00e9ti<span class=\"_ _0\"></span>co,<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>atm<span class=\"_ _0\"></span>osf<span class=\"_ _0\"></span>\u00e9ri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>s, d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>du\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>s\u00edd<span class=\"_ _0\"></span>uos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>u\u00eddo)<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>nem a<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>vir<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> dur<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>our<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po,<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>one<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>nef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> eco<span class=\"_ _0\"></span>n\u00f3m<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fut<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tind<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>nga<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span> sua<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> \u00fat<span class=\"_ _0\"></span>il,<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>apaci<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>lho<span class=\"_ _0\"></span>rar<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> seg<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>i\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>os a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po.<span class=\"_ _0\"></span>  Em <span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fev<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>013<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>foi <span class=\"_ _0\"></span>cel<span class=\"_ _0\"></span>ebr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>erv<span class=\"_ _0\"></span>i\u00e7os<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e a <span class=\"_ _0\"></span>Sem<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>a \u2013<span class=\"_ _9b\"> </span><span class=\"ff1\">Soc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e In<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span>, SG<span class=\"_ _0\"></span>PS,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A., <span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ora <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 69<span class=\"_ _0\"></span>,<span class=\"ls16\">97</span>% d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>o</span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>e o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>\u00e0 p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>rvi<span class=\"_ _0\"></span>\u00e7os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ges<span class=\"_ _0\"></span>t\u00e3o,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue fi<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>mune<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> cri<span class=\"_ _0\"></span>t\u00e9r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>rga<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>as re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nt\u00edn<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> col<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>t\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>as r<span class=\"_ _0\"></span>egr<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>\u00e0s re<span class=\"_ _0\"></span>la\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omer<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>edad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o. As <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> Sec<span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> nor<span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>o. No<span class=\"_ _0\"></span> \u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>art<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>acio<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o C<span class=\"_ _0\"></span>onse<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Adm<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>stra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>emai<span class=\"_ _0\"></span>s \u00d3r<span class=\"_ _0\"></span>g\u00e3o<span class=\"_ _0\"></span>s S<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s. A r<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>une<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>oal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>cha<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> deta<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>7.<span class=\"_ _0\"></span>3 <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> Re<span class=\"_ _0\"></span>mun<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> </span></span>do<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>\u00f3rg<span class=\"_ _0\"></span>\u00e3os<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span><span class=\"ff7\">. </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-20-3": {
   "value": "1.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Impa<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nf<span class=\"_ _3b\"></span>li<span class=\"_ _1\"></span>to<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r </span></span>na<span class=\"_ _0\"></span> Uc<span class=\"_ _0\"></span>r\u00e2<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>a Em <span class=\"_ _0\"></span>21<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e fe<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2, <span class=\"_ _0\"></span>a Fe<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> R<span class=\"_ _0\"></span>uss<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>ceu<span class=\"_ _0\"></span> of<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>alme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dua<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>\u00fabli<span class=\"_ _0\"></span>cas se<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>les<span class=\"_ _0\"></span>te d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Ucr<span class=\"_ _0\"></span>\u00e2ni<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>riz<span class=\"_ _0\"></span>ou o<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>lit<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> nes<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>rri<span class=\"_ _0\"></span>t\u00f3r<span class=\"_ _0\"></span>io. E<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>24 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fe<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>reir<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>opa<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> inv<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>a U<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>\u00e2nia <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>u-se<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>fli<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>mili<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r g<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>raliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o ne<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>a\u00eds,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> tem<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>cado<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>riai<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> h<span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>uz<span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esl<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s mas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>opul<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span>  Em <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>osta<span class=\"_ _0\"></span>, m<span class=\"_ _0\"></span>\u00fal<span class=\"_ _0\"></span>tipl<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>di\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>onde<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>ui, <span class=\"_ _0\"></span>a U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>\u00e3o E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>opei<span class=\"_ _0\"></span>a,<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>ino<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>Su\u00ed\u00e7a<span class=\"_ _0\"></span>, Est<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>Uni<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Am<span class=\"_ _0\"></span>\u00e9r<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>, Can<span class=\"_ _0\"></span>ad\u00e1<span class=\"_ _0\"></span>, J<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a Au<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>r\u00e1l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>este<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onfl<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ini<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>m a a<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e di<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rsa<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>an\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>\u00f3mi<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>R\u00fa<span class=\"_ _0\"></span>ssia<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rsos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>con\u00f3<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> e,<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>vez<span class=\"_ _0\"></span>es,<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>Biel<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>\u00fas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>a. Po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>, a <span class=\"_ _0\"></span>R\u00fa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>a in<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ou u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>ia\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>b\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>as ec<span class=\"_ _0\"></span>on\u00f3<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as l<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a R\u00fa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>apar<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s rus<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span>. A m<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>an\u00e7<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>acr<span class=\"_ _0\"></span>oec<span class=\"_ _0\"></span>on\u00f3<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>eop<span class=\"_ _0\"></span>ol\u00ed<span class=\"_ _0\"></span>tico<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>urop<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>lit<span class=\"_ _0\"></span>o aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tou<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>tez<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> gl<span class=\"_ _0\"></span>obai<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>o-<span class=\"_ _0\"></span>se \u00e0<span class=\"_ _0\"></span>: <span class=\"_ _0\"></span>i) <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>usp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s\u00e3o <span class=\"_ _0\"></span>e/<span class=\"_ _0\"></span>ou di<span class=\"_ _0\"></span>sr<span class=\"_ _0\"></span>up\u00e7\u00e3<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> neg<span class=\"_ _0\"></span>\u00f3c<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> sed<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u de<span class=\"_ _0\"></span> or<span class=\"_ _0\"></span>ige<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>R\u00fa<span class=\"_ _0\"></span>ssia<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> Uc<span class=\"_ _0\"></span>r\u00e2ni<span class=\"_ _0\"></span>a;<span class=\"_ _0\"></span> ii<span class=\"_ _0\"></span>) au<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>re\u00e7<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span><span class=\"ff7\">comm<span class=\"_ _0\"></span>odi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"ff1\">, <span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>al\u00e7<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mbu<span class=\"_ _0\"></span>st\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>\u00f3s<span class=\"_ _0\"></span>sei<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>os m<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>cere<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s; i<span class=\"_ _0\"></span>ii<span class=\"_ _0\"></span>) </span></span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>tez<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n\u00f3mi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> gl<span class=\"_ _0\"></span>oba<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> esp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>atil<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span>s de<span class=\"_ _3b\"></span> c\u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>axas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>la\u00e7\u00e3<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span>Ev<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>orne<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gia,<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>abas<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>cime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>mat\u00e9<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>s-<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> ou <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>eio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>log\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntin<span class=\"_ _0\"></span>uar<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nomi<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>glo<span class=\"_ _0\"></span>bal<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>cul<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> norm<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> fun<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>te e<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s. Con<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>nun<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>r\u00e7o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>sus<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>a R<span class=\"_ _0\"></span>\u00fas<span class=\"_ _0\"></span>sia<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>Bie<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>r\u00fas<span class=\"_ _0\"></span>sia<span class=\"_ _0\"></span> e e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e1 a<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>anh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>riz<span class=\"_ _0\"></span>ar con<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ua\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ao n<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>afi<span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te e<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>toda <span class=\"_ _0\"></span>a cad<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>nec<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> des<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>aba<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> made<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>at\u00e9ri<span class=\"_ _0\"></span>as-<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> </span></span>sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>luin<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uest<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de l<span class=\"_ _0\"></span>og\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ca)<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>nos <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>vi\u00e7<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> t\u00e9<span class=\"_ _0\"></span>cni<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>apo<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>stad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>geir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>nos <span class=\"_ _0\"></span>Pr<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>erv<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>me <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>tso<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>cing<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>.  Fac<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s da<span class=\"_ _0\"></span> R<span class=\"_ _0\"></span>\u00fass<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Ucr<span class=\"_ _0\"></span>\u00e2ni<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ndas<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po, <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>rep<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>m me<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 1<span class=\"_ _0\"></span>% c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>\u00eanc<span class=\"_ _0\"></span>ia a<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>21 e<span class=\"_ _0\"></span> 0%<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 20<span class=\"_ _0\"></span>22,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> o fac<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>n\u00e3o <span class=\"_ _0\"></span>afe<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>m di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>nec<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xpo<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o di<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>cr\u00e2<span class=\"_ _0\"></span>nia<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> R\u00fa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>a \u00e9<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>n\u00f3c<span class=\"_ _0\"></span>ua. Ape<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to g<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>liza<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>agi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ndu\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>a po<span class=\"_ _0\"></span>l\u00edt<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> neg<span class=\"_ _0\"></span>\u00f3c<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>egui<span class=\"_ _0\"></span>u c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nsar<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>siva<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>av\u00e9s<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e u<span class=\"_ _0\"></span>ma po<span class=\"_ _0\"></span>l\u00edt<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>ns\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>justa<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>\u00e7os <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stra<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ficaz<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>m com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>duti<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>us a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>dus<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> efi<span class=\"_ _0\"></span>ci\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>at\u00e9ri<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>-p<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>as e<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>as. A N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>sar <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a pe<span class=\"_ _0\"></span>rf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ixa<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nfl<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> mil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>Ucr<span class=\"_ _0\"></span>\u00e2ni<span class=\"_ _0\"></span>a<span class=\"ls10\">, </span>nom<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>dam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> n\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>lg<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>onta<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>l\u00eds<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>rele<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>ssa <span class=\"_ _0\"></span>an\u00e1<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se n\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>aram<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>sq<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> ind<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e. Rec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Go<span class=\"_ _0\"></span>odw<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>l O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>alis<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>iam <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>d\u00edc<span class=\"_ _0\"></span>ios <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>rra <span class=\"_ _0\"></span>na Ucr<span class=\"_ _0\"></span>\u00e2n<span class=\"_ _0\"></span>ia,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tuai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>nas <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>sci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>PIB <span class=\"_ _0\"></span>e da <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ugal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>o F<span class=\"_ _0\"></span>MI e<span class=\"_ _0\"></span> B<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> pod<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>iam<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ciar <span class=\"_ _0\"></span>a ex<span class=\"_ _0\"></span>ist\u00ea<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do G<span class=\"_ _0\"></span>ood<span class=\"_ _0\"></span>wil<span class=\"_ _0\"></span>l. <span class=\"_ _0\"></span>N\u00e3o<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>am i<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ficad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>d\u00edc<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de s<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> o Goo<span class=\"_ _0\"></span>dw<span class=\"_ _0\"></span>ill,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>tind<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>olga <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ace<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>l\u00eds<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>uni<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e cai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>(n<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 3<span class=\"_ _0\"></span>.1)<span class=\"_ _0\"></span>. Rec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>, vi<span class=\"_ _3b\"></span>da \u00fat<span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>depr<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis Ten<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>umo<span class=\"_ _0\"></span> glo<span class=\"_ _0\"></span>bal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>WF,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>da p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> fol<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos,<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>stem<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>d\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>t\u00eanc<span class=\"_ _0\"></span>ia d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fix<span class=\"_ _0\"></span>os t<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span>.  Pr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os a<span class=\"_ _3b\"></span>tuari<span class=\"_ _0\"></span>ais O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>alio<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> des<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l a<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e b<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ef\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>gado<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> p\u00f3<span class=\"_ _0\"></span>s-e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span>A d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>ni\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>liza<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>ntar<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>\u00e9cni<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>) b<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>eia-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> cur<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>tabi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e (<span class=\"_ _0\"></span><span class=\"ff7\">yie<span class=\"_ _0\"></span>ld<span class=\"ff1\">)<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> </span></span>ob<span class=\"_ _0\"></span>rig<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> <span class=\"ff7\">r<span class=\"_ _0\"></span>atin<span class=\"_ _0\"></span>g<span class=\"ff1\"> <span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>uri<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>as </span></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>o. D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>rent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stud<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>atua<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>1 de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>uali<span class=\"_ _0\"></span>zou<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> des<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 1<span class=\"_ _0\"></span>,25<span class=\"_ _0\"></span>% p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>,5%<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>ha com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fer\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span>O <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>a na<span class=\"_ _0\"></span> No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>7.2<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>an\u00e1l<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span> aval<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>o im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>ntual<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>scon<span class=\"_ _0\"></span>to.<span class=\"_ _0\"></span> At<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os b<span class=\"_ _0\"></span>iol<span class=\"_ _0\"></span>\u00f3gi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s Na <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>\u00e9t<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>uxo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> sen<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, o <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>\u00edodo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cort<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>re\u00e7<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>algu<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cipai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>stos<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue p<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>er\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>suj<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>lter<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>flito<span class=\"_ _0\"></span> mil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> na <span class=\"_ _0\"></span>Ucr<span class=\"_ _0\"></span>\u00e2n<span class=\"_ _0\"></span>ia.<span class=\"_ _0\"></span> Ne<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tido<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>dur<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 o<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rrer<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ct\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>cedi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>ost<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>del<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>mid<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a <span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>olu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xa d<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>,99<span class=\"_ _0\"></span>% <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a 5<span class=\"_ _0\"></span>,17%<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Na <span class=\"_ _0\"></span>Not<span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>.8<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>ndic<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s des<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> atu<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, b<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a an\u00e1<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sses<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>.<span class=\"ls19\">  </span> <span class=\"_ _39\"> </span>Inv<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s Fac<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>cura<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>ao<span class=\"_ _0\"></span> n\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>UW<span class=\"_ _0\"></span>F, <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po r<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>r\u00e7<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> em 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 <span class=\"_ _0\"></span>as im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nt\u00e1<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>s em<span class=\"_ _0\"></span> \u20ac1<span class=\"_ _0\"></span>3.<span class=\"_ _0\"></span>24<span class=\"_ _0\"></span>1.20<span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span>(No<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> 2.<span class=\"_ _0\"></span>3 e<span class=\"_ _0\"></span> 4.<span class=\"_ _0\"></span>1)<span class=\"_ _0\"></span>. F<span class=\"_ _0\"></span><span class=\"ff1\">ace<span class=\"_ _0\"></span> \u00e0<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>arg<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rati<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> <span class=\"ls30\">o </span></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a 31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2,<span class=\"_ _0\"></span> o v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or r<span class=\"_ _0\"></span>eali<span class=\"_ _0\"></span>z\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> l\u00ed<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>inv<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t\u00e1r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s \u00e9 <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>. Rec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> de <span class=\"_ _3b\"></span>saldo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Cli<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ros <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> a r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ebe<span class=\"_ _0\"></span>r As <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>mpli<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o na<span class=\"_ _0\"></span> IFR<span class=\"_ _0\"></span>S 9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>espe<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> \u00e0<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>. N<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>da IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>9 na <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>olid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>uz<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>onsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue p<span class=\"_ _0\"></span>art<span class=\"_ _0\"></span>e si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>as s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ou d<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>dam<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>riz<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span> Ain<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>vali<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>odi<span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>r\u00e9<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> tod<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>amo<span class=\"_ _0\"></span>rtiz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Ne<span class=\"_ _0\"></span>ste <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>do,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ou a a<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>o da<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>s\u00f5es<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n\u00f3mi<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>utur<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>oncl<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> o i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>acto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e \u00e9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>zid<span class=\"_ _0\"></span>o. Li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>dez A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a si<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>iqu<span class=\"_ _0\"></span>idez<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>t\u00e1ve<span class=\"_ _0\"></span>l,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>do fr<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de uma<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>cri<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>fund<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>anei<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nten<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>itm<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>pla<span class=\"_ _0\"></span>nea<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>ama <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> <span class=\"ff7\">co<span class=\"_ _0\"></span>nfir<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ng<span class=\"ff1\"> <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tende<span class=\"_ _0\"></span>r o<span class=\"_ _0\"></span>s </span></span>pr<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>m,<span class=\"_ _0\"></span> tod<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>ia,<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpac<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>fav<span class=\"_ _0\"></span>orave<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>For<span class=\"_ _0\"></span>nec<span class=\"_ _0\"></span>edo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>. ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfOtherAccountingPoliciesRelevantToUnderstandingOfFinancialStatements",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
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   "value": "1.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Even<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es </span></span>1.3.1.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Aqu<span class=\"_ _1\"></span>isi\u00e7\u00e3o de neg\u00f3cio<span class=\"_ _1\"></span> de <span class=\"ff8\">co<span class=\"_ _1\"></span>nsumer tissue<span class=\"_ _1\"></span></span> em Esp<span class=\"_ _1\"></span>anha </span>O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>form<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zou<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pra<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ven<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>senta<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> tot<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al s<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>da G<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>\u00e0-<span class=\"_ _0\"></span>Camp<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>sum<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>S.L.<span class=\"_ _0\"></span>U.,<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> Sar<span class=\"_ _0\"></span>ago<span class=\"_ _0\"></span>\u00e7a,<span class=\"_ _0\"></span> Es<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>nha<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>z d<span class=\"_ _0\"></span>et\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>alid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> soc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a G<span class=\"_ _0\"></span>om\u00e0<span class=\"_ _0\"></span>-Ca<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>s Fr<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>AS, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Cast<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> Fr<span class=\"_ _0\"></span>an\u00e7<span class=\"_ _0\"></span>a (<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>onj<span class=\"_ _0\"></span>unt<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>esi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>or \u201cG<span class=\"_ _0\"></span>C Con<span class=\"_ _0\"></span>sum<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u201d)<span class=\"_ _0\"></span>.<span class=\"ff1\"> </span>A a<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a G<span class=\"_ _0\"></span>C Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>umer<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tou<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e to<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>5,6<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>lh\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>nq<span class=\"_ _0\"></span>uadr<span class=\"_ _0\"></span>a-s<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>plan<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>oso<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>sifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r.<span class=\"_ _0\"></span> A <span class=\"_ _0\"></span>inte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta n<span class=\"_ _0\"></span>ova<span class=\"_ _0\"></span> f\u00e1<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>erm<span class=\"_ _0\"></span>itir<span class=\"_ _0\"></span>\u00e1 \u00e0<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> posi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ar-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> mai<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utor<span class=\"_ _0\"></span> ib<span class=\"_ _0\"></span>\u00e9ri<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ssue<span class=\"_ _0\"></span><span class=\"ff1\">, <span class=\"_ _0\"></span>adi<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> 35.<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>0 t<span class=\"_ _0\"></span>one<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> </span></span>anu<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span><span class=\"ff1\">, qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pass<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>tot<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>65.0<span class=\"_ _0\"></span>00 <span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>nel<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>anu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>, e <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a </span></span>cap<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff7\">c<span class=\"_ _0\"></span>onve<span class=\"_ _0\"></span>rtin<span class=\"_ _0\"></span>g<span class=\"ff1\"> <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 60<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0 t<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>elad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>sam<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>m p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a 18<span class=\"_ _0\"></span>0.0<span class=\"_ _0\"></span>00 </span></span>ton<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>anu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>. O <span class=\"ff7 ls0\">Ent<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>Va<span class=\"_ _0\"></span>lue<span class=\"_ _0\"></span><span class=\"ff1\"> <span class=\"ff9\">de<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>cend<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a \u20ac<span class=\"_ _0\"></span> 85<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ilh\u00f5e<span class=\"_ _0\"></span>s.<span class=\"ff1\"> </span></span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEventsAfterReportingPeriodExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
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  "pp-value-29-2": {
   "value": "1.4.1.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Auto<span class=\"_ _1\"></span>riza\u00e7\u00e3o para emi<span class=\"_ _1\"></span>ss\u00e3o das demo<span class=\"_ _1\"></span>nstra\u00e7\u00f5es financei<span class=\"_ _1\"></span>ras<span class=\"_ _1\"></span> </span>As <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>sel<span class=\"_ _0\"></span>ho d<span class=\"_ _0\"></span>e Adm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aut<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>16 <span class=\"lsd\">de </span>m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>\u00e7o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span><span class=\"ls16\">3 <span class=\"ls0\">est<span class=\"_ _0\"></span>ando<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tant<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>da </span></span>suj<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span>sem<span class=\"_ _0\"></span>ble<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> Ge<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Ac<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tas,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a le<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>la\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l em<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>gor<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>al. Os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo,<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>\u00e9,<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>elho<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> A<span class=\"_ _0\"></span>dmi<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>nam <span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>t\u00f3r<span class=\"_ _0\"></span>io,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cla<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e9 do<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eu <span class=\"_ _0\"></span>conh<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nfor<span class=\"_ _0\"></span>ma\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> nel<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>oi <span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>abo<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>conf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>mid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>l c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>il\u00eds<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>co a<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>c\u00e1v<span class=\"_ _0\"></span>el,<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ando<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a im<span class=\"_ _0\"></span>age<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>rop<span class=\"_ _0\"></span>riad<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> e d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>ua\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>incl<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>met<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsoli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAuthorisationOfFinancialStatementsExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
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  },
  "pp-value-30-2": {
   "value": "1.4.2.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Refe<span class=\"_ _1\"></span>rencial cont<span class=\"_ _1\"></span>abil\u00edstico<span class=\"_ _1\"></span> </span>As <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22 for<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rep<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>ormi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span> Int<span class=\"_ _0\"></span>ern<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Fina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span> (IF<span class=\"_ _0\"></span>RS)<span class=\"_ _0\"></span>, em<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>gor<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>anei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span><span class=\"ls16\">22<span class=\"ls0\"> e <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>me <span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>Uni<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> Eur<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>eia<span class=\"_ _0\"></span>. </span></span>1.4.5.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Bases de me<span class=\"_ _1\"></span>nsura\u00e7\u00e3o<span class=\"_ _1\"></span> </span>As <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ane<span class=\"_ _0\"></span>xas<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>oram<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sto d<span class=\"_ _0\"></span>a con<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>nui<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>era\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>art<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s li<span class=\"_ _0\"></span>vro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>\u00eds<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as na <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o (<span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>.1)<span class=\"_ _0\"></span>, e <span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to h<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>t\u00f3<span class=\"_ _0\"></span>rico<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>xc<span class=\"_ _0\"></span>eto<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> bi<span class=\"_ _0\"></span>ol\u00f3<span class=\"_ _0\"></span>gic<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>(No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>3.8<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>trum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s me<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>atra<span class=\"_ _0\"></span>v\u00e9s<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> atr<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>\u00e9s<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>gra<span class=\"_ _0\"></span>l (N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 8<span class=\"_ _0\"></span>.3<span class=\"_ _0\"></span>), <span class=\"_ _0\"></span>nos <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>clue<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>Nota<span class=\"_ _0\"></span> 8.<span class=\"_ _0\"></span>2)<span class=\"_ _0\"></span>. O <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> a re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>ben<span class=\"_ _0\"></span>ef\u00edc<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>os \u00e9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>do pe<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>ded<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>ao re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo. 1.4.6.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Comp<span class=\"_ _1\"></span>arabilidade<span class=\"_ _1\"></span> </span>As <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m t<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>os o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>aspe<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s mat<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-30-3": {
   "value": "1.4.2.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Refe<span class=\"_ _1\"></span>rencial cont<span class=\"_ _1\"></span>abil\u00edstico<span class=\"_ _1\"></span> </span>As <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22 for<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rep<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>ormi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span> Int<span class=\"_ _0\"></span>ern<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Fina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span> (IF<span class=\"_ _0\"></span>RS)<span class=\"_ _0\"></span>, em<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>gor<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>anei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span><span class=\"ls16\">22<span class=\"ls0\"> e <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>me <span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>Uni<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> Eur<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>eia<span class=\"_ _0\"></span>. </span></span>",
   "dimensions": {
    "concept": "ifrs-full:StatementOfIFRSCompliance",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-31-2": {
   "value": "1.4.3.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Bases<span class=\"_ _1\"></span> de consolida\u00e7<span class=\"_ _1\"></span>\u00e3o </span>1.4.3.1 <span class=\"_ _58\"> </span>Subsidi\u00e1rias Sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e1ria<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> tod<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>o, o<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> oco<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>\u00e1 e<span class=\"_ _3b\"></span>xpost<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>ari\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ulta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>seu<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>lvi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> cap<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sse <span class=\"_ _0\"></span>reto<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>c\u00edc<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span> sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es,<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dent<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>gem<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>et\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>is pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s. A e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>st\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>dire<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> vot<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pote<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue s<span class=\"_ _0\"></span>ej<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ntem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>erc\u00edv<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u con<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rt\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>et\u00e9<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span><span class=\"ls15\">a </span>en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>.  As <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>adas<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>\u00e9t<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>tegr<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> a p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>r da<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ontr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xcl<span class=\"_ _0\"></span>u\u00edda<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>o ce<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>. O c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> o r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nden<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00e0 p<span class=\"_ _0\"></span>arti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e te<span class=\"_ _0\"></span>rce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sent<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ubr<span class=\"_ _0\"></span>icas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ontr<span class=\"_ _0\"></span>ola<span class=\"_ _0\"></span>m, <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7\u00e3<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>olid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>aut<span class=\"_ _0\"></span>\u00f3no<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io)<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a De<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>os.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpre<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>nas Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tram<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>etal<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>. A c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>aq<span class=\"_ _0\"></span>uisi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o da<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>i\u00e1ri<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> m\u00e9t<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>ra.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>m, <span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e uma<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> \u00e9 m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ues<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pit<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ncor<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>dos,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>mid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>mel<span class=\"_ _0\"></span>hor<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va de<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ualq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntin<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>c\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>dq<span class=\"_ _0\"></span>uiri<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ssiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>nge<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>umi<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>uma con<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sar<span class=\"_ _0\"></span>ial <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nic<span class=\"_ _0\"></span>ialm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>aq<span class=\"_ _0\"></span>uisi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o, in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>st\u00ean<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>am.<span class=\"_ _0\"></span> O e<span class=\"_ _0\"></span>xc<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cust<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e aqu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>elat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>cel<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>dent<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s adq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>\u00e9 r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo G<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>dwil<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>se d<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>a na<span class=\"_ _0\"></span> No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>3.1<span class=\"_ _0\"></span>.  Se <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>quisi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> inf<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>i\u00e1<span class=\"_ _0\"></span>ria <span class=\"_ _0\"></span>adq<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span> (G<span class=\"_ _0\"></span>ood<span class=\"_ _0\"></span>will<span class=\"_ _3b\"></span><span class=\"ff7\"> <span class=\"ff1\">negat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o),<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>feren<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>hec<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>dir<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a D<span class=\"_ _0\"></span>emo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os R<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s </span></span>no <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>apu<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>\u00e0 t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>medi<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os. As <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>dos, <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>divi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>os en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>s\u00e3o <span class=\"_ _0\"></span>eli<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>\u00e9m e<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>minad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>d\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>t\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>feri<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>.  Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny <span class=\"_ _0\"></span>j\u00e1 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>t\u00e9m<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> adq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>viam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>just<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>arti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do Goo<span class=\"_ _0\"></span>dw<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> Go<span class=\"_ _0\"></span>odw<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span><span class=\"ff7\"> <span class=\"ff1\">ne<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tivo.<span class=\"_ _0\"></span>  </span></span>Num<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> (<span class=\"ff7\">s<span class=\"_ _0\"></span>tep<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"ff1\">) q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>uisi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>a </span></span>re<span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ualq<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ticip<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te d<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>heci<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rap<span class=\"_ _0\"></span>art<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>aq<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>c\u00e1l<span class=\"_ _0\"></span>culo<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>dwil<span class=\"_ _0\"></span>l. Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntrol<span class=\"_ _3b\"></span>am, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>mpli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>ra\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ualq<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de g<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> ou <span class=\"_ _0\"></span>Go<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>will<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>lque<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>a apu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ansa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ico <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>pa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>tran<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nada<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>o C<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io.<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ltad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> neg<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s g<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pel<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>i\u00e1ri<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s qu<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>\u00e3o con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> alo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tag<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>det<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>tere<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>lam<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>arem<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>. No<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ali<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>da d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntro<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>ria,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>part<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>pa\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>reav<span class=\"_ _0\"></span>aliad<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>da ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span> ou <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>lia\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>\u00e9 r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>trap<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ssa <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00e3o. As <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>l\u00ed<span class=\"_ _0\"></span>tica<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tabil<span class=\"_ _0\"></span>\u00eds<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>aju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s, s<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>nec<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s\u00e1ri<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>a gar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o a<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tente<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> tod<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o.  1.4.3.2 <span class=\"_ _58\"> </span>Associadas Ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>ntid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uais<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nfl<span class=\"_ _0\"></span>u\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span> n\u00e3o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>oss<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>, ge<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>lmen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>inve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>20%<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>50<span class=\"_ _0\"></span>% do<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>rei<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> vo<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> m\u00e9<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>do d<span class=\"_ _0\"></span>a eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>val\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>imo<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>al. De <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>todo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>\u00eanci<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pat<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>oni<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>seu <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aqu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> aj<span class=\"_ _0\"></span>usta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>vari<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>itai<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>(in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>indo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o l<span class=\"_ _0\"></span>\u00edqui<span class=\"_ _0\"></span>do)<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>apa<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>os re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s. As <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>aq<span class=\"_ _0\"></span>uisi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>tif<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>\u00e1vei<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>osit<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> Go<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>will<span class=\"_ _0\"></span><span class=\"ff7\"> <span class=\"ff1\">e <span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no </span></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span> Se<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7as <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m ne<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>stad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>apu<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ubr<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> R<span class=\"_ _0\"></span>esul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>rop<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> e em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>een<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>ntos<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>\u00e0 t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>medi<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os. Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>nd\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>fei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>alia<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>as, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xisti<span class=\"_ _0\"></span>r. Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rda<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a ig<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>rap<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>u in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to n<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>, o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>r pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> adi<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>exc<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span> ti<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pons<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ilid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>tuad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>nom<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>lim<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xt<span class=\"_ _0\"></span>ens\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a par<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>iad<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eali<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>\u00e9m<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>as, ex<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>d\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>t\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>feri<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>.  As <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>l\u00ed<span class=\"_ _0\"></span>tica<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tabil<span class=\"_ _0\"></span>\u00eds<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>izad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> pel<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>vidu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00e1rio<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>form<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ol\u00ed<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po.<span class=\"_ _0\"></span> 1.4.4.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Moeda<span class=\"_ _1\"></span> de apresent<span class=\"_ _1\"></span>a\u00e7\u00e3o e trans<span class=\"_ _1\"></span>a\u00e7\u00f5es em moed<span class=\"_ _1\"></span>a estrangeira<span class=\"_ _45\"></span> </span>i.<span class=\"ffd ls0\"> <span class=\"_ _65\"> </span><span class=\"ff3\">Moeda funcional e de relato </span></span>Os <span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu\u00ed<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o s\u00e3o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>utili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a m<span class=\"_ _0\"></span>oe<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>bie<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>on\u00f3<span class=\"_ _0\"></span>mico<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>que <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> (m<span class=\"_ _0\"></span>oe<span class=\"_ _0\"></span>da fun<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l).<span class=\"_ _0\"></span> As <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ncon<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>adas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os<span class=\"ls10\">, </span>se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>moe<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>ncio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>o. ii.<span class=\"ffd ls0\"> <span class=\"_ _65\"> </span><span class=\"ff3\">Saldos e transa\u00e7\u00f5es expressos em moeda estrang<span class=\"_ _0\"></span>eira<span class=\"_ _1\"></span> </span></span>Tod<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>sos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>eda <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>moe<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lato<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>m con<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> eu<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>zand<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c\u00e2<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>igen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a P<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> (N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 8<span class=\"_ _0\"></span>.1.1<span class=\"_ _0\"></span>). As <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>vor<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>fav<span class=\"_ _0\"></span>or\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>gina<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> c\u00e2<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>io e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> vig<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>an\u00e7<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>game<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os ou <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a D<span class=\"_ _0\"></span>emo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>a,<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>m re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>e/<span class=\"_ _0\"></span>ou gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os n<span class=\"_ _0\"></span>a D<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>onst<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>o. iii.<span class=\"ffd ls0\"> <span class=\"_ _65\"> </span><span class=\"ff3\">Empr<span class=\"_ _0\"></span>esas do Grupo </span></span>Os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ltad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntid<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>uam<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>a fun<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> moe<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>moe<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: i.<span class=\"ffb ls0\"> <span class=\"_ _9c\"> </span><span class=\"ff1\">Os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a De<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>finan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00e0 </span></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>c\u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m vi<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>r n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7\u00e3o<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>olid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>; ii.<span class=\"ffb ls0\"> <span class=\"_ _9c\"> </span><span class=\"ff1\">Os <span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> rub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nver<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00e0 t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>\u00e2mb<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> hi<span class=\"_ _0\"></span>st\u00f3<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a; </span></span>iii<span class=\"_ _0\"></span>.<span class=\"ffb\"> <span class=\"_ _2c\"> </span></span>Os r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>os g<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>De<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onv<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s pe<span class=\"_ _0\"></span>las<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>axas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>\u00e2mb<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> vig<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es. Q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e, ou <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tal <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>rap<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>bene<span class=\"_ _0\"></span>f\u00ed<span class=\"_ _0\"></span>cios<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>del<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>rari<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>, uti<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>za-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os r<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e g<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>c\u00e2m<span class=\"_ _0\"></span>bio<span class=\"_ _0\"></span> m\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>. As <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c\u00e2<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>) e<span class=\"_ _0\"></span> ii<span class=\"_ _0\"></span>i) <span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u201cRe<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>al\u201d<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a R<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>iena<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos.<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pr\u00e9<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>imo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>go p<span class=\"_ _0\"></span>raz<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>i\u00e1ri<span class=\"_ _0\"></span>as e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>edas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tint<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>moe<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> fun<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>uja<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stej<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pla<span class=\"_ _0\"></span>nea<span class=\"_ _0\"></span>da,<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>sej<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>v\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>ra n<span class=\"_ _0\"></span>um fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vis\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>dera<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e2nc<span class=\"_ _0\"></span>ia,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xte<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>a ao<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>sidi<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tran<span class=\"_ _0\"></span>gei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span>. N<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en\u00e7<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9sti<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>am e<span class=\"_ _0\"></span>lim<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>olid<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>na r<span class=\"_ _0\"></span>ubr<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e R<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ervas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ulta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> liq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>a em<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>aduz<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>uta<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xpo<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di\u00e1r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>. iv.<span class=\"ffd\"> <span class=\"_ _65\"> </span></span>Taxas de c\u00e2mbio utilizadas Valoriz<span class=\"_ _1\"></span>a\u00e7\u00e3o / 31/12/22 31/12/21<span class=\"_ _1\"></span> (desvaloriza\u00e7\u00e3o)<span class=\"_ _1\"></span> GBP (Libra esterlina) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 0,85 0,86 0,79% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 0,89 0,84 -5,55% USD (D\u00f3lar americano)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 1,05 1,18 10,99% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 1,07 1,13 5,83% PLN (Zloti polaco) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 4,69 4,57 -2,66% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 4,68 4,60 -1,83% SEK (Coroa sueca)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 10,63 10,15 -4,77% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 11,12 10,25 -8,50% CZK (Coroa checa)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 24,57 25,64 4,19% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 24,12 24,86 2,98% CHF (Franco <span class=\"ls86\">su</span>\u00ed\u00e7o) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 1,00 1,08 7,08% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 0,98 1,03 4,68% DKK (Coroa dinamarquesa)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 7,44 7,44 -0,03% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 7,44 7,44 0,00% HUF (Florim h\u00fangaro) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 391,43 358,52 -9,18% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 400,87 369,19 -8,58% AUD (D\u00f3lar australiano) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 1,52 1,57 3,71% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 1,57 1,56 -0,50% MZM (Metical mo\u00e7ambica<span class=\"_ _1\"></span>no) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 67,20 77,75 13,56% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 68,18 78,09 12,69% MAD (Dirham marroquino)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 10,69 10,67 -0,12% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 11,16 10,52 -6,11% NOK (Coroa norueguesa) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 10,10 10,16 0,59% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 10,51 9,99 -5,26% MXN (Peso mexicano) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 21,18 23,99 11,70% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 20,86 23,14 9,89% AED (Dirham dos Emirados)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 3,87 4,34 10,92% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 3,92 4,16 5,83% CAD (D\u00f3lar canadiano)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 1,37 1,48 7,64% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 1,44 1,44 -0,33% ZAR (Rand sul-africano) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 17,21 17,48 1,54% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 18,10 18,06 -0,20% BRL (Real brasileiro)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 5,44 6,38 14,74% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 5,64 6,31 10,64% EGP (Libra eg\u00edpcia) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 20,18 18,55 -8,81% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 26,31 17,82 -47,63% TRY (Lira turca) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 17,42 10,51 -65,68% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 19,96 15,23 -31,06% ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfBasisOfConsolidationExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-31-3": {
   "value": "1.4.3.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Bases<span class=\"_ _1\"></span> de consolida\u00e7<span class=\"_ _1\"></span>\u00e3o </span>1.4.3.1 <span class=\"_ _58\"> </span>Subsidi\u00e1rias Sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e1ria<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> tod<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>o, o<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> oco<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>\u00e1 e<span class=\"_ _3b\"></span>xpost<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>ari\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ulta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>seu<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>lvi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> cap<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sse <span class=\"_ _0\"></span>reto<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>c\u00edc<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span> sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es,<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dent<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>gem<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>et\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>is pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s. A e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>st\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>dire<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> vot<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pote<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue s<span class=\"_ _0\"></span>ej<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ntem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>erc\u00edv<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u con<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rt\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>et\u00e9<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span><span class=\"ls15\">a </span>en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>.  As <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>adas<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>\u00e9t<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>tegr<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> a p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>r da<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ontr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xcl<span class=\"_ _0\"></span>u\u00edda<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>o ce<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>. O c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> o r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nden<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00e0 p<span class=\"_ _0\"></span>arti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e te<span class=\"_ _0\"></span>rce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sent<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ubr<span class=\"_ _0\"></span>icas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ontr<span class=\"_ _0\"></span>ola<span class=\"_ _0\"></span>m, <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7\u00e3<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>olid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>aut<span class=\"_ _0\"></span>\u00f3no<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io)<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a De<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>os.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpre<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>nas Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tram<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>etal<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>. A c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>aq<span class=\"_ _0\"></span>uisi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o da<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>i\u00e1ri<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> m\u00e9t<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>ra.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>m, <span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e uma<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> \u00e9 m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ues<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pit<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ncor<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>dos,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>mid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>mel<span class=\"_ _0\"></span>hor<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va de<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ualq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntin<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>c\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>dq<span class=\"_ _0\"></span>uiri<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ssiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>nge<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>umi<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>uma con<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sar<span class=\"_ _0\"></span>ial <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nic<span class=\"_ _0\"></span>ialm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>aq<span class=\"_ _0\"></span>uisi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o, in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>st\u00ean<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>am.<span class=\"_ _0\"></span> O e<span class=\"_ _0\"></span>xc<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cust<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e aqu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>elat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>cel<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>dent<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s adq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>\u00e9 r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo G<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>dwil<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>se d<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>a na<span class=\"_ _0\"></span> No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>3.1<span class=\"_ _0\"></span>.  Se <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>quisi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> inf<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>i\u00e1<span class=\"_ _0\"></span>ria <span class=\"_ _0\"></span>adq<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span> (G<span class=\"_ _0\"></span>ood<span class=\"_ _0\"></span>will<span class=\"_ _3b\"></span><span class=\"ff7\"> <span class=\"ff1\">negat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o),<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>feren<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>hec<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>dir<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a D<span class=\"_ _0\"></span>emo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os R<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s </span></span>no <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>apu<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>\u00e0 t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>medi<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os. As <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>dos, <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>divi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>os en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>s\u00e3o <span class=\"_ _0\"></span>eli<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>\u00e9m e<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>minad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>d\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>t\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>feri<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>.  Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny <span class=\"_ _0\"></span>j\u00e1 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>t\u00e9m<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> adq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>viam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>just<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>arti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do Goo<span class=\"_ _0\"></span>dw<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> Go<span class=\"_ _0\"></span>odw<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span><span class=\"ff7\"> <span class=\"ff1\">ne<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tivo.<span class=\"_ _0\"></span>  </span></span>Num<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> (<span class=\"ff7\">s<span class=\"_ _0\"></span>tep<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"ff1\">) q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>uisi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>a </span></span>re<span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ualq<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ticip<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te d<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>heci<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rap<span class=\"_ _0\"></span>art<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>aq<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>c\u00e1l<span class=\"_ _0\"></span>culo<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>dwil<span class=\"_ _0\"></span>l. Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntrol<span class=\"_ _3b\"></span>am, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>mpli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>ra\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ualq<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de g<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> ou <span class=\"_ _0\"></span>Go<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>will<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>lque<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>a apu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ansa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ico <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>pa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>tran<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nada<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>o C<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io.<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ltad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> neg<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s g<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pel<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>i\u00e1ri<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s qu<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>\u00e3o con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> alo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tag<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>det<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>tere<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>lam<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>arem<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>. No<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ali<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>da d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntro<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>ria,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>part<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>pa\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>reav<span class=\"_ _0\"></span>aliad<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>da ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span> ou <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>lia\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>\u00e9 r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>trap<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ssa <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00e3o. As <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>l\u00ed<span class=\"_ _0\"></span>tica<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tabil<span class=\"_ _0\"></span>\u00eds<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>aju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s, s<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>nec<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s\u00e1ri<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>a gar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o a<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tente<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> tod<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o.  11.<span class=\"_ _a9\"> </span><span class=\"ls0\">Est<span class=\"_ _0\"></span>rutu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po</span>11.1.<span class=\"ffd ls0\"> <span class=\"_ _46\"> </span><span class=\"ff3\">Emp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>u\u00ed<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>da\u00e7\u00e3<span class=\"_ _0\"></span>o </span></span>11.1.1.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Subs<span class=\"_ _1\"></span>idi\u00e1rias do G<span class=\"_ _1\"></span>rupo Navig<span class=\"_ _1\"></span>ator </span>% Participa\u00e7\u00e3o<span class=\"_ _0\"></span> 31/12/22 31/12/21<span class=\"_ _1\"></span> Denomina\u00e7\u00e3o <span class=\"_ _0\"></span>Social Sede Direta Indireta Total Total Principal atividade Empresa-m\u00e3e: The Navigator Company, S.A.<span class=\"_ _1\"></span> Portugal - - - - Comercializa\u00e7\u00e3o de papel e de pasta de celulose<span class=\"_ _1\"></span> Subsidi\u00e1rias: Navigator Brands , S.A. Portugal 100,0 -100,0100,0 Aquisi\u00e7\u00e3o, explora\u00e7\u00e3o, l<span class=\"_ _1\"></span>oca\u00e7\u00e3o ou concess\u00e3o da utiliza\u00e7\u00e3o e alien<span class=\"_ _1\"></span>a\u00e7\u00e3o de marcas , patentes e outros de propriedade industrial ou intele<span class=\"_ _1\"></span>ctual Navigator Parques Industriais, S.<span class=\"_ _1\"></span>A. Portugal 100,0 -100,0100,0 Gest\u00e3o de patrim\u00f3nio imob<span class=\"_ _1\"></span>ili\u00e1rio industrial Navigator Paper Figueira, S.A<span class=\"_ _1\"></span> Portugal 100,0 -100,0100,0 Produ\u00e7\u00e3o de papel E<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pr<span class=\"_ _3b\"></span>em<span class=\"_ _0\"></span>\u00e9<span class=\"_ _3b\"></span>di<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>-<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>or<span class=\"_ _3b\"></span>re<span class=\"_ _3b\"></span>to<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>de<span class=\"_ _3b\"></span> S<span class=\"_ _3b\"></span>eg<span class=\"_ _0\"></span>u<span class=\"_ _3b\"></span>ros<span class=\"_ _3b\"></span>,<span class=\"_ _0\"></span> S<span class=\"_ _3b\"></span>.A<span class=\"_ _3b\"></span>. Portugal 100,0 -100,0100,0 Media\u00e7\u00e3o e consultoria de seguros<span class=\"_ _1\"></span> Empremedia, DAC Irlanda 100,0 -100,0100,0 Gest\u00e3o de participa\u00e7\u00f5es soci<span class=\"_ _1\"></span>ais Empremedia RE, DAC<span class=\"_ _1\"></span> Irlanda -100,0100,0-Media\u00e7\u00e3o e consultoria de segurosRaiz - Instituto de Investiga\u00e7<span class=\"_ _1\"></span>\u00e3o Portugal 97,0 -97,097,0 Investiga\u00e7\u00e3o aplicada no dom\u00ednioda Floresta e Papel da ind\u00fastria de celulose e papele <span class=\"ls0\">atividade florestal</span>About the Future  , SA * Portugal - - - 97,0 Promo\u00e7\u00e3o de unidades de neg\u00f3ciorelacionadas direta ouindiretamente com atividadesde investiga\u00e7\u00e3o, desenvolvimentoe inova\u00e7\u00e3o no dom\u00ednio dabioeconomia de base florestalEnerpulp <span class=\"ff9\">\u2013</span> Cogera\u00e7\u00e3o Energ\u00e9tica Portugal 100,0 -100,0100,0 Produ\u00e7\u00e3o de energiade Pasta, S.A. Navigator Pulp Figueira, S.A.<span class=\"_ _1\"></span> Portugal 100,0 -100,0100,0 Produ\u00e7\u00e3o de pasta de celulosee presta\u00e7\u00e3o de servi\u00e7os deadministra\u00e7\u00e3o, gest\u00e3o e consultoriainternaEma Cacia - Engenharia  Portugal -73,873,8 73,8 Presta\u00e7\u00e3o de servi\u00e7os dee Manuten\u00e7\u00e3o Industrial, ACE manuten\u00e7\u00e3o industrialEma Set\u00fabal - Engenharia Portugal -79,779,7 79,7 e Manuten\u00e7\u00e3o Industrial, ACE <span class=\"_ _1\"></span>      <span class=\"ls0\">Ema Figueira da Foz- Engenh<span class=\"_ _1\"></span>aria </span>Portugal -80,780,7 80,7 e Manuten\u00e7\u00e3o Industrial, ACE <span class=\"_ _1\"></span> Navigator Pulp Set\u00fabal, S.A. Portugal 100,0 -100,0100,0 Produ\u00e7\u00e3o de pasta de celulose<span class=\"_ _1\"></span> Navigator Pulp Aveiro, S.A.<span class=\"_ _1\"></span>  Portugal 100,0 -100,0100,0 Produ\u00e7\u00e3o de pasta de celulose<span class=\"_ _1\"></span> Navigator Tissue Aveiro, S.A.<span class=\"_ _1\"></span> Portugal 100,0 -100,0100,0 Produ\u00e7\u00e3o de papel <span class=\"ff7\">tissue<span class=\"_ _1\"></span></span> Navigator Tissue R\u00f3d\u00e3o , S.A.<span class=\"_ _1\"></span> Portugal -100,0100,0100,0 Navigator Tissue Iberica , S.A.<span class=\"_ _1\"></span> Espanha -100,0100,0100,0 Comercializa\u00e7\u00e3o de papel <span class=\"ff7\">ti<span class=\"_ _1\"></span>ssue</span> P<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tu<span class=\"_ _3b\"></span>ce<span class=\"_ _3b\"></span>l <span class=\"_ _3b\"></span>Mo<span class=\"_ _0\"></span>\u00e7<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>mb<span class=\"_ _3b\"></span>iq<span class=\"_ _3b\"></span>ue<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>-<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>oc<span class=\"_ _3b\"></span>ie<span class=\"_ _3b\"></span>da<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>de<span class=\"_ _3b\"></span>  <span class=\"_ _0\"></span> Mo\u00e7ambique 90,0 -90,090,0 Produ\u00e7\u00e3o florestal<span class=\"_ _1\"></span> D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nv<span class=\"_ _3b\"></span>ol<span class=\"_ _3b\"></span>vi<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _3b\"></span>o <span class=\"_ _3b\"></span>Fl<span class=\"_ _3b\"></span>ore<span class=\"_ _3b\"></span>st<span class=\"_ _3b\"></span>al<span class=\"_ _3b\"></span> e<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>In<span class=\"_ _3b\"></span>du<span class=\"_ _3b\"></span>st<span class=\"_ _0\"></span>r<span class=\"_ _3b\"></span>ia<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span> L<span class=\"_ _3b\"></span>da<span class=\"_ _3b\"></span>  N<span class=\"_ _0\"></span>a<span class=\"_ _3b\"></span>vi<span class=\"_ _3b\"></span>ga<span class=\"_ _3b\"></span>t<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _3b\"></span> I<span class=\"_ _3b\"></span>n<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>e<span class=\"_ _3b\"></span>r<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>a<span class=\"_ _3b\"></span>ci<span class=\"_ _3b\"></span>on<span class=\"_ _3b\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span> <span class=\"_ _3b\"></span>Ho<span class=\"_ _3b\"></span>l<span class=\"_ _0\"></span>d<span class=\"_ _3b\"></span>in<span class=\"_ _3b\"></span>g<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>G<span class=\"_ _3b\"></span>PS<span class=\"_ _3b\"></span>,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>S<span class=\"_ _3b\"></span>.<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>*<span class=\"_ _3b\"></span> Portugal - - - 100,0 Gest\u00e3o de participa\u00e7\u00f5es soci<span class=\"_ _1\"></span>ais Navigator Forest Portugal, S.A.<span class=\"_ _1\"></span> Portugal 100,0 -100,0100,0 Produ\u00e7\u00e3o florestal<span class=\"_ _1\"></span>      <span class=\"ls0\">EucaliptusLand, S.A.<span class=\"_ _1\"></span> </span>Portugal -100,0100,0100,0 Produ\u00e7\u00e3o florestal<span class=\"_ _1\"></span> Sociedade de Vinhos da Herdade de Portugal -100,0100,0 100,0 Produ\u00e7\u00e3o vitivin\u00edcola<span class=\"_ _1\"></span> Espirra - Produ\u00e7\u00e3o e Comercializa<span class=\"_ _1\"></span>\u00e7\u00e3o de Vinhos, S.A.      <span class=\"ls0\">Gavi\u00e3o - Sociedade de Ca\u00e7<span class=\"_ _1\"></span>a e </span>Portugal -100,0100,0 100,0 Gest\u00e3o de recursos cineg\u00e9ticos<span class=\"_ _1\"></span> Turismo, S.A. Afocelca - Agrupamento Portugal -64,864,8 64,8 Presta\u00e7\u00e3o de servi\u00e7os de preven\u00e7\u00e3o complementar de empresas para e combate de inc\u00eandios flores<span class=\"_ _1\"></span>tais prote\u00e7\u00e3o contra inc\u00eandios, ACE<span class=\"_ _1\"></span>  Viveiros Alian\u00e7a - Empresa Portugal -100,0100,0 100,0 Produ\u00e7\u00e3o de plantas em viveiros<span class=\"_ _1\"></span> Produtora de Plantas, S.A.      <span class=\"ls0\">Atlantic Forests, S.A.*<span class=\"_ _1\"></span> </span>Portugal - - - 100,0 Presta\u00e7\u00e3o de servi\u00e7os no \u00e2mbi<span class=\"_ _1\"></span>to da atividade florestal e com\u00e9rcio d<span class=\"_ _1\"></span>e madeira      <span class=\"ls0\">Bosques do Atlantico, SL<span class=\"_ _1\"></span> </span>Espanha -100,0100,0 100,0 Com\u00e9rcio de madeira e biomassa e explora\u00e7\u00e3o florestal      <span class=\"ls0\">Navigator Africa, SRL </span>It\u00e1lia -100,0100,0 100,0 Com\u00e9rcio de madeira e biomassa e explora\u00e7\u00e3o florestal Navigator Paper Set\u00fabal , S.A.<span class=\"_ _1\"></span> Portugal 100,0 -100,0100,0 Produ\u00e7\u00e3o de papel e de energia<span class=\"_ _1\"></span>      <span class=\"ls0\">Navigator North America Inc.<span class=\"_ _1\"></span> </span>EUA -100,0100,0100,0 Comercializa\u00e7\u00e3o de papel<span class=\"_ _1\"></span> Navigator Afrique du Nord  Marrocos -100,0100,0100,0 Presta\u00e7\u00e3o de servi\u00e7os de intermedia\u00e7\u00e3o de vendas<span class=\"_ _1\"></span> Navigator Espa\u00f1a, S.A. Espanha -100,0100,0100,0 Idem Navigator Netherlands, BV<span class=\"_ _1\"></span> Holanda -100,0100,0100,0 Idem Navigator France, EURL<span class=\"_ _1\"></span> Fran\u00e7a -100,0100,0100,0 Idem Navigator Paper Company UK, Ltd<span class=\"_ _1\"></span> Reino Unido -100,0100,0100,0 Idem Navigator Italia, SRL It\u00e1lia -100,0100,0100,0 Idem Navigator Deutschland, Gmb<span class=\"_ _1\"></span>H Alemanha -100,0100,0100,0 Idem Navigator Paper Austria, GmbH<span class=\"_ _1\"></span> Austria -100,0100,0100,0 Idem Navigator Paper Poland SP Z o o<span class=\"_ _1\"></span> Pol\u00f3nia -100,0100,0100,0 Idem Navigator Eurasia Turquia -100,0100,0100,0 Idem Navigator Paper Mexico  M\u00e9xico 25,0 75,0100,0100,0 Idem Navigator Middle East Trading Dubai -100,0100,0100,0 Idem DMCC Navigator Egypt, ELLC Egipto 1,0 99,0100,0100,0 Idem Navigator Paper  Southern Africa Africa do sul 1,0 99,0100,0-IdemNavigator Abastecimento de Madeira,<span class=\"_ _1\"></span> Portugal 97,0 3,0 100,0100,0 Comercializa\u00e7\u00e3o de madeiraACE  * <span class=\"ls0\">Empre<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>s fu<span class=\"_ _0\"></span>sion<span class=\"_ _0\"></span>adas<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>liq<span class=\"_ _0\"></span>uida<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 (<span class=\"_ _0\"></span>Nota<span class=\"_ _0\"></span> 11<span class=\"_ _0\"></span>.2)</span>11.2.<span class=\"ffd ls0\"> <span class=\"_ _46\"> </span><span class=\"ff3\">Va<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>\u00edm<span class=\"_ _0\"></span>etr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ns<span class=\"_ _3b\"></span>olid<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o </span></span>Dur<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m 31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edm<span class=\"_ _0\"></span>etr<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>oi <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>ce <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>exe<span class=\"_ _0\"></span>rc\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> pel<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>iza\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>t\u00e1<span class=\"_ _0\"></span>ria:<span class=\"_ _0\"></span> \uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">Liqu<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> soc<span class=\"_ _0\"></span>ied<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>Abo<span class=\"_ _0\"></span>ut <span class=\"_ _0\"></span>the<span class=\"_ _0\"></span> F<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>re,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>e N<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>igat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>nac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> Ho<span class=\"_ _0\"></span>ldi<span class=\"_ _0\"></span>ng, </span></span>SGP<span class=\"_ _0\"></span>S, <span class=\"_ _0\"></span>S.A<span class=\"_ _0\"></span>. \uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">Fus\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ncor<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Atl<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span> For<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A. <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> F<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t P<span class=\"_ _0\"></span>ortu<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A. </span></span>\uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">Incor<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Pap<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>Sou<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span> Afr<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> </span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-31-5": {
   "value": "1.4.3.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Bases<span class=\"_ _1\"></span> de consolida\u00e7<span class=\"_ _1\"></span>\u00e3o </span>1.4.3.1 <span class=\"_ _58\"> </span>Subsidi\u00e1rias Sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e1ria<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> tod<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>o, o<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> oco<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>\u00e1 e<span class=\"_ _3b\"></span>xpost<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>ari\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ulta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>seu<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>lvi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> cap<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sse <span class=\"_ _0\"></span>reto<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>c\u00edc<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span> sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es,<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dent<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>gem<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>et\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>is pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s. A e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>st\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>dire<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> vot<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pote<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue s<span class=\"_ _0\"></span>ej<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ntem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>erc\u00edv<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u con<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rt\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>et\u00e9<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span><span class=\"ls15\">a </span>en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>.  As <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>adas<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>\u00e9t<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>tegr<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> a p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>r da<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ontr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xcl<span class=\"_ _0\"></span>u\u00edda<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>o ce<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>. O c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> o r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nden<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00e0 p<span class=\"_ _0\"></span>arti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e te<span class=\"_ _0\"></span>rce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sent<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ubr<span class=\"_ _0\"></span>icas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ontr<span class=\"_ _0\"></span>ola<span class=\"_ _0\"></span>m, <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7\u00e3<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>olid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>aut<span class=\"_ _0\"></span>\u00f3no<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io)<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a De<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>os.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpre<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>nas Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tram<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>etal<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>. A c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>aq<span class=\"_ _0\"></span>uisi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o da<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>i\u00e1ri<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> m\u00e9t<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>ra.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>m, <span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e uma<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> \u00e9 m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ues<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pit<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ncor<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>dos,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>mid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>mel<span class=\"_ _0\"></span>hor<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va de<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ualq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntin<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>c\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>dq<span class=\"_ _0\"></span>uiri<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ssiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>nge<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>umi<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>uma con<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sar<span class=\"_ _0\"></span>ial <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nic<span class=\"_ _0\"></span>ialm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>aq<span class=\"_ _0\"></span>uisi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o, in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>st\u00ean<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>am.<span class=\"_ _0\"></span> O e<span class=\"_ _0\"></span>xc<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cust<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e aqu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>elat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>cel<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>dent<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s adq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>\u00e9 r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo G<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>dwil<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>se d<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>a na<span class=\"_ _0\"></span> No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>3.1<span class=\"_ _0\"></span>.  Se <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>quisi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> inf<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>i\u00e1<span class=\"_ _0\"></span>ria <span class=\"_ _0\"></span>adq<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span> (G<span class=\"_ _0\"></span>ood<span class=\"_ _0\"></span>will<span class=\"_ _3b\"></span><span class=\"ff7\"> <span class=\"ff1\">negat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o),<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>feren<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>hec<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>dir<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a D<span class=\"_ _0\"></span>emo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os R<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s </span></span>no <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>apu<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>\u00e0 t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>medi<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os. As <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>dos, <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>divi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>os en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>s\u00e3o <span class=\"_ _0\"></span>eli<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>\u00e9m e<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>minad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>d\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>t\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>feri<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>.  Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny <span class=\"_ _0\"></span>j\u00e1 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>t\u00e9m<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> adq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>viam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>just<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>arti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do Goo<span class=\"_ _0\"></span>dw<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> Go<span class=\"_ _0\"></span>odw<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span><span class=\"ff7\"> <span class=\"ff1\">ne<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tivo.<span class=\"_ _0\"></span>  </span></span>Num<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> (<span class=\"ff7\">s<span class=\"_ _0\"></span>tep<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"ff1\">) q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>uisi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>a </span></span>re<span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ualq<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ticip<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te d<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>heci<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rap<span class=\"_ _0\"></span>art<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>aq<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>c\u00e1l<span class=\"_ _0\"></span>culo<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>dwil<span class=\"_ _0\"></span>l. Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntrol<span class=\"_ _3b\"></span>am, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>mpli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>ra\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ualq<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de g<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> ou <span class=\"_ _0\"></span>Go<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>will<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>lque<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>a apu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ansa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ico <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>pa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>tran<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nada<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>o C<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io.<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ltad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> neg<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s g<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pel<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>i\u00e1ri<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s qu<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>\u00e3o con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> alo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tag<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>det<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>tere<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>lam<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>arem<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>. No<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ali<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>da d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntro<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>ria,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>part<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>pa\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>reav<span class=\"_ _0\"></span>aliad<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>da ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span> ou <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>lia\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>\u00e9 r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>trap<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ssa <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00e3o. As <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>l\u00ed<span class=\"_ _0\"></span>tica<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tabil<span class=\"_ _0\"></span>\u00eds<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>aju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s, s<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>nec<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s\u00e1ri<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>a gar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o a<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tente<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> tod<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o.  ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForSubsidiariesExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-33-4": {
   "value": "1.4.3.2 <span class=\"_ _58\"> </span>Associadas Ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>ntid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uais<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nfl<span class=\"_ _0\"></span>u\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span> n\u00e3o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>oss<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>, ge<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>lmen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>inve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>20%<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>50<span class=\"_ _0\"></span>% do<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>rei<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> vo<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> m\u00e9<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>do d<span class=\"_ _0\"></span>a eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>val\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>imo<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>al. De <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>todo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>\u00eanci<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pat<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>oni<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>seu <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aqu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> aj<span class=\"_ _0\"></span>usta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>vari<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>itai<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>(in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>indo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o l<span class=\"_ _0\"></span>\u00edqui<span class=\"_ _0\"></span>do)<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>apa<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>os re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s. As <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>aq<span class=\"_ _0\"></span>uisi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>tif<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>\u00e1vei<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>osit<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> Go<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>will<span class=\"_ _0\"></span><span class=\"ff7\"> <span class=\"ff1\">e <span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no </span></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span> Se<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7as <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m ne<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>stad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>apu<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ubr<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> R<span class=\"_ _0\"></span>esul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>rop<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> e em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>een<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>ntos<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>\u00e0 t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>medi<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os. Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>nd\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>fei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>alia<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>as, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xisti<span class=\"_ _0\"></span>r. Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rda<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a ig<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>rap<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>u in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to n<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>, o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>r pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> adi<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>exc<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span> ti<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pons<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ilid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>tuad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>nom<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>lim<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xt<span class=\"_ _0\"></span>ens\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a par<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>iad<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eali<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>\u00e9m<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>as, ex<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>d\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>t\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>feri<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>.  As <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>l\u00ed<span class=\"_ _0\"></span>tica<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tabil<span class=\"_ _0\"></span>\u00eds<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>izad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> pel<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>vidu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00e1rio<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>form<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ol\u00ed<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po.<span class=\"_ _0\"></span> ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-33-5": {
   "value": "1.4.3.2 <span class=\"_ _58\"> </span>Associadas Ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>ntid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uais<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nfl<span class=\"_ _0\"></span>u\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span> n\u00e3o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>oss<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>, ge<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>lmen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>inve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>20%<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>50<span class=\"_ _0\"></span>% do<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>rei<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> vo<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> m\u00e9<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>do d<span class=\"_ _0\"></span>a eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>val\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>imo<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>al. De <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>todo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>\u00eanci<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pat<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>oni<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>seu <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aqu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> aj<span class=\"_ _0\"></span>usta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>vari<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>itai<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>(in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>indo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o l<span class=\"_ _0\"></span>\u00edqui<span class=\"_ _0\"></span>do)<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>apa<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>os re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s. As <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>aq<span class=\"_ _0\"></span>uisi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>tif<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>\u00e1vei<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>osit<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> Go<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>will<span class=\"_ _0\"></span><span class=\"ff7\"> <span class=\"ff1\">e <span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no </span></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span> Se<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7as <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m ne<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>stad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>apu<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ubr<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> R<span class=\"_ _0\"></span>esul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>rop<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> e em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>een<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>ntos<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>\u00e0 t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>medi<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os. Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>nd\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>fei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>alia<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>as, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xisti<span class=\"_ _0\"></span>r. Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rda<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a ig<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>rap<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>u in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to n<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>, o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>r pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> adi<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>exc<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span> ti<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pons<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ilid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>tuad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>nom<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>lim<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xt<span class=\"_ _0\"></span>ens\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a par<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>iad<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eali<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>\u00e9m<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>as, ex<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>d\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>t\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>feri<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>.  As <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>l\u00ed<span class=\"_ _0\"></span>tica<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tabil<span class=\"_ _0\"></span>\u00eds<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>izad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> pel<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>vidu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00e1rio<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>form<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ol\u00ed<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po.<span class=\"_ _0\"></span> ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentInAssociates",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-33-6": {
   "value": "1.4.3.2 <span class=\"_ _58\"> </span>Associadas Ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>ntid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uais<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nfl<span class=\"_ _0\"></span>u\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span> n\u00e3o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>oss<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>, ge<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>lmen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>inve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>20%<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>50<span class=\"_ _0\"></span>% do<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>rei<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> vo<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> m\u00e9<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>do d<span class=\"_ _0\"></span>a eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>val\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>imo<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>al. De <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>todo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>\u00eanci<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pat<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>oni<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>seu <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aqu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> aj<span class=\"_ _0\"></span>usta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>vari<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>itai<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>(in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>indo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o l<span class=\"_ _0\"></span>\u00edqui<span class=\"_ _0\"></span>do)<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>apa<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>os re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s. As <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>aq<span class=\"_ _0\"></span>uisi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>tif<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>\u00e1vei<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>osit<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> Go<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>will<span class=\"_ _0\"></span><span class=\"ff7\"> <span class=\"ff1\">e <span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no </span></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span> Se<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7as <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m ne<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>stad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>apu<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ubr<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> R<span class=\"_ _0\"></span>esul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>rop<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> e em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>een<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>ntos<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>\u00e0 t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>medi<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os. Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>nd\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>fei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>alia<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>as, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xisti<span class=\"_ _0\"></span>r. Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rda<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a ig<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>rap<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>u in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to n<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>, o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>r pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> adi<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>exc<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span> ti<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pons<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ilid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>tuad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>nom<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>lim<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xt<span class=\"_ _0\"></span>ens\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a par<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>iad<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eali<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>\u00e9m<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>as, ex<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>d\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>t\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>feri<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>.  As <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>l\u00ed<span class=\"_ _0\"></span>tica<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tabil<span class=\"_ _0\"></span>\u00eds<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>izad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> pel<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>vidu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00e1rio<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>form<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ol\u00ed<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po.<span class=\"_ _0\"></span> ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentsInJointVentures",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-35-4": {
   "value": "1.4.4.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Moeda<span class=\"_ _1\"></span> de apresent<span class=\"_ _1\"></span>a\u00e7\u00e3o e trans<span class=\"_ _1\"></span>a\u00e7\u00f5es em moed<span class=\"_ _1\"></span>a estrangeira<span class=\"_ _45\"></span> </span>i.<span class=\"ffd ls0\"> <span class=\"_ _65\"> </span><span class=\"ff3\">Moeda funcional e de relato </span></span>Os <span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu\u00ed<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o s\u00e3o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>utili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a m<span class=\"_ _0\"></span>oe<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>bie<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>on\u00f3<span class=\"_ _0\"></span>mico<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>que <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> (m<span class=\"_ _0\"></span>oe<span class=\"_ _0\"></span>da fun<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l).<span class=\"_ _0\"></span> As <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ncon<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>adas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os<span class=\"ls10\">, </span>se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>moe<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>ncio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>o. ii.<span class=\"ffd ls0\"> <span class=\"_ _65\"> </span><span class=\"ff3\">Saldos e transa\u00e7\u00f5es expressos em moeda estrang<span class=\"_ _0\"></span>eira<span class=\"_ _1\"></span> </span></span>Tod<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>sos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>eda <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>moe<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lato<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>m con<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> eu<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>zand<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c\u00e2<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>igen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a P<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> (N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 8<span class=\"_ _0\"></span>.1.1<span class=\"_ _0\"></span>). As <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>vor<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>fav<span class=\"_ _0\"></span>or\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>gina<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> c\u00e2<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>io e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> vig<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>an\u00e7<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>game<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os ou <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a D<span class=\"_ _0\"></span>emo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>a,<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>m re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>e/<span class=\"_ _0\"></span>ou gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os n<span class=\"_ _0\"></span>a D<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>onst<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>o. iii.<span class=\"ffd ls0\"> <span class=\"_ _65\"> </span><span class=\"ff3\">Empr<span class=\"_ _0\"></span>esas do Grupo </span></span>Os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ltad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntid<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>uam<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>a fun<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> moe<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>moe<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: i.<span class=\"ffb ls0\"> <span class=\"_ _9c\"> </span><span class=\"ff1\">Os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a De<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>finan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00e0 </span></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>c\u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m vi<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>r n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7\u00e3o<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>olid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>; ii.<span class=\"ffb ls0\"> <span class=\"_ _9c\"> </span><span class=\"ff1\">Os <span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> rub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nver<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00e0 t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>\u00e2mb<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> hi<span class=\"_ _0\"></span>st\u00f3<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a; </span></span>iii<span class=\"_ _0\"></span>.<span class=\"ffb\"> <span class=\"_ _2c\"> </span></span>Os r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>os g<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>De<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onv<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s pe<span class=\"_ _0\"></span>las<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>axas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>\u00e2mb<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> vig<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es. Q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e, ou <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tal <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>rap<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>bene<span class=\"_ _0\"></span>f\u00ed<span class=\"_ _0\"></span>cios<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>del<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>rari<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>, uti<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>za-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os r<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e g<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>c\u00e2m<span class=\"_ _0\"></span>bio<span class=\"_ _0\"></span> m\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>. As <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c\u00e2<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>) e<span class=\"_ _0\"></span> ii<span class=\"_ _0\"></span>i) <span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u201cRe<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>al\u201d<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a R<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>iena<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos.<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pr\u00e9<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>imo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>go p<span class=\"_ _0\"></span>raz<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>i\u00e1ri<span class=\"_ _0\"></span>as e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>edas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tint<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>moe<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> fun<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>uja<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stej<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pla<span class=\"_ _0\"></span>nea<span class=\"_ _0\"></span>da,<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>sej<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>v\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>ra n<span class=\"_ _0\"></span>um fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vis\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>dera<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e2nc<span class=\"_ _0\"></span>ia,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xte<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>a ao<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>sidi<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tran<span class=\"_ _0\"></span>gei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span>. N<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en\u00e7<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9sti<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>am e<span class=\"_ _0\"></span>lim<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>olid<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>na r<span class=\"_ _0\"></span>ubr<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e R<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ervas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ulta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> liq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>a em<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>aduz<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>uta<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xpo<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di\u00e1r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>. iv.<span class=\"ffd\"> <span class=\"_ _65\"> </span></span>Taxas de c\u00e2mbio utilizadas Valoriz<span class=\"_ _1\"></span>a\u00e7\u00e3o / 31/12/22 31/12/21<span class=\"_ _1\"></span> (desvaloriza\u00e7\u00e3o)<span class=\"_ _1\"></span> GBP (Libra esterlina) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 0,85 0,86 0,79% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 0,89 0,84 -5,55% USD (D\u00f3lar americano)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 1,05 1,18 10,99% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 1,07 1,13 5,83% PLN (Zloti polaco) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 4,69 4,57 -2,66% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 4,68 4,60 -1,83% SEK (Coroa sueca)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 10,63 10,15 -4,77% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 11,12 10,25 -8,50% CZK (Coroa checa)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 24,57 25,64 4,19% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 24,12 24,86 2,98% CHF (Franco <span class=\"ls86\">su</span>\u00ed\u00e7o) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 1,00 1,08 7,08% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 0,98 1,03 4,68% DKK (Coroa dinamarquesa)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 7,44 7,44 -0,03% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 7,44 7,44 0,00% HUF (Florim h\u00fangaro) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 391,43 358,52 -9,18% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 400,87 369,19 -8,58% AUD (D\u00f3lar australiano) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 1,52 1,57 3,71% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 1,57 1,56 -0,50% MZM (Metical mo\u00e7ambica<span class=\"_ _1\"></span>no) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 67,20 77,75 13,56% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 68,18 78,09 12,69% MAD (Dirham marroquino)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 10,69 10,67 -0,12% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 11,16 10,52 -6,11% NOK (Coroa norueguesa) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 10,10 10,16 0,59% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 10,51 9,99 -5,26% MXN (Peso mexicano) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 21,18 23,99 11,70% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 20,86 23,14 9,89% AED (Dirham dos Emirados)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 3,87 4,34 10,92% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 3,92 4,16 5,83% CAD (D\u00f3lar canadiano)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 1,37 1,48 7,64% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 1,44 1,44 -0,33% ZAR (Rand sul-africano) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 17,21 17,48 1,54% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 18,10 18,06 -0,20% BRL (Real brasileiro)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 5,44 6,38 14,74% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 5,64 6,31 10,64% EGP (Libra eg\u00edpcia) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 20,18 18,55 -8,81% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 26,31 17,82 -47,63% TRY (Lira turca) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 17,42 10,51 -65,68% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 19,96 15,23 -31,06% ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-35-5": {
   "value": "1.4.4.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Moeda<span class=\"_ _1\"></span> de apresent<span class=\"_ _1\"></span>a\u00e7\u00e3o e trans<span class=\"_ _1\"></span>a\u00e7\u00f5es em moed<span class=\"_ _1\"></span>a estrangeira<span class=\"_ _45\"></span> </span>i.<span class=\"ffd ls0\"> <span class=\"_ _65\"> </span><span class=\"ff3\">Moeda funcional e de relato </span></span>Os <span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu\u00ed<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o s\u00e3o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>utili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a m<span class=\"_ _0\"></span>oe<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>bie<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>on\u00f3<span class=\"_ _0\"></span>mico<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>que <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> (m<span class=\"_ _0\"></span>oe<span class=\"_ _0\"></span>da fun<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l).<span class=\"_ _0\"></span> As <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ncon<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>adas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os<span class=\"ls10\">, </span>se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>moe<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>ncio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>o. ii.<span class=\"ffd ls0\"> <span class=\"_ _65\"> </span><span class=\"ff3\">Saldos e transa\u00e7\u00f5es expressos em moeda estrang<span class=\"_ _0\"></span>eira<span class=\"_ _1\"></span> </span></span>Tod<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>sos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>eda <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>moe<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lato<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>m con<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> eu<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>zand<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c\u00e2<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>igen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a P<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> (N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 8<span class=\"_ _0\"></span>.1.1<span class=\"_ _0\"></span>). As <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>vor<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>fav<span class=\"_ _0\"></span>or\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>gina<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> c\u00e2<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>io e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> vig<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>an\u00e7<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>game<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os ou <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a D<span class=\"_ _0\"></span>emo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>a,<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>m re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>e/<span class=\"_ _0\"></span>ou gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os n<span class=\"_ _0\"></span>a D<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>onst<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>o. iii.<span class=\"ffd ls0\"> <span class=\"_ _65\"> </span><span class=\"ff3\">Empr<span class=\"_ _0\"></span>esas do Grupo </span></span>Os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ltad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntid<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>uam<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>a fun<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> moe<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>moe<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: i.<span class=\"ffb ls0\"> <span class=\"_ _9c\"> </span><span class=\"ff1\">Os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a De<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>finan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00e0 </span></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>c\u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m vi<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>r n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7\u00e3o<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>olid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>; ii.<span class=\"ffb ls0\"> <span class=\"_ _9c\"> </span><span class=\"ff1\">Os <span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> rub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nver<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00e0 t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>\u00e2mb<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> hi<span class=\"_ _0\"></span>st\u00f3<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a; </span></span>iii<span class=\"_ _0\"></span>.<span class=\"ffb\"> <span class=\"_ _2c\"> </span></span>Os r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>os g<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>De<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onv<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s pe<span class=\"_ _0\"></span>las<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>axas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>\u00e2mb<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> vig<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es. Q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e, ou <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tal <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>rap<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>bene<span class=\"_ _0\"></span>f\u00ed<span class=\"_ _0\"></span>cios<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>del<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>rari<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>, uti<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>za-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os r<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e g<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>c\u00e2m<span class=\"_ _0\"></span>bio<span class=\"_ _0\"></span> m\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>. As <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c\u00e2<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>) e<span class=\"_ _0\"></span> ii<span class=\"_ _0\"></span>i) <span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u201cRe<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>al\u201d<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a R<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>iena<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos.<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pr\u00e9<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>imo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>go p<span class=\"_ _0\"></span>raz<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>i\u00e1ri<span class=\"_ _0\"></span>as e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>edas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tint<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>moe<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> fun<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>uja<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stej<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pla<span class=\"_ _0\"></span>nea<span class=\"_ _0\"></span>da,<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>sej<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>v\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>ra n<span class=\"_ _0\"></span>um fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vis\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>dera<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e2nc<span class=\"_ _0\"></span>ia,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xte<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>a ao<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>sidi<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tran<span class=\"_ _0\"></span>gei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span>. N<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en\u00e7<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9sti<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>am e<span class=\"_ _0\"></span>lim<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>olid<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>na r<span class=\"_ _0\"></span>ubr<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e R<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ervas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ulta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> liq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>a em<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>aduz<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>uta<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xpo<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di\u00e1r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>. iv.<span class=\"ffd\"> <span class=\"_ _65\"> </span></span>Taxas de c\u00e2mbio utilizadas Valoriz<span class=\"_ _1\"></span>a\u00e7\u00e3o / 31/12/22 31/12/21<span class=\"_ _1\"></span> (desvaloriza\u00e7\u00e3o)<span class=\"_ _1\"></span> GBP (Libra esterlina) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 0,85 0,86 0,79% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 0,89 0,84 -5,55% USD (D\u00f3lar americano)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 1,05 1,18 10,99% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 1,07 1,13 5,83% PLN (Zloti polaco) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 4,69 4,57 -2,66% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 4,68 4,60 -1,83% SEK (Coroa sueca)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 10,63 10,15 -4,77% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 11,12 10,25 -8,50% CZK (Coroa checa)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 24,57 25,64 4,19% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 24,12 24,86 2,98% CHF (Franco <span class=\"ls86\">su</span>\u00ed\u00e7o) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 1,00 1,08 7,08% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 0,98 1,03 4,68% DKK (Coroa dinamarquesa)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 7,44 7,44 -0,03% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 7,44 7,44 0,00% HUF (Florim h\u00fangaro) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 391,43 358,52 -9,18% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 400,87 369,19 -8,58% AUD (D\u00f3lar australiano) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 1,52 1,57 3,71% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 1,57 1,56 -0,50% MZM (Metical mo\u00e7ambica<span class=\"_ _1\"></span>no) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 67,20 77,75 13,56% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 68,18 78,09 12,69% MAD (Dirham marroquino)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 10,69 10,67 -0,12% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 11,16 10,52 -6,11% NOK (Coroa norueguesa) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 10,10 10,16 0,59% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 10,51 9,99 -5,26% MXN (Peso mexicano) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 21,18 23,99 11,70% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 20,86 23,14 9,89% AED (Dirham dos Emirados)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 3,87 4,34 10,92% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 3,92 4,16 5,83% CAD (D\u00f3lar canadiano)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 1,37 1,48 7,64% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 1,44 1,44 -0,33% ZAR (Rand sul-africano) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 17,21 17,48 1,54% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 18,10 18,06 -0,20% BRL (Real brasileiro)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 5,44 6,38 14,74% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 5,64 6,31 10,64% EGP (Libra eg\u00edpcia) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 20,18 18,55 -8,81% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 26,31 17,82 -47,63% TRY (Lira turca) C\u00e2mbio m\u00e9dio d<span class=\"_ _1\"></span>o exerc\u00edcio 17,42 10,51 -65,68% C\u00e2mbio de fim do<span class=\"_ _1\"></span> exerc\u00edcio 19,96 15,23 -31,06% ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-38-3": {
   "value": "1.4.5.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Bases de me<span class=\"_ _1\"></span>nsura\u00e7\u00e3o<span class=\"_ _1\"></span> </span>As <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ane<span class=\"_ _0\"></span>xas<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>oram<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sto d<span class=\"_ _0\"></span>a con<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>nui<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>era\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>art<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s li<span class=\"_ _0\"></span>vro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>\u00eds<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as na <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o (<span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>.1)<span class=\"_ _0\"></span>, e <span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to h<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>t\u00f3<span class=\"_ _0\"></span>rico<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>xc<span class=\"_ _0\"></span>eto<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> bi<span class=\"_ _0\"></span>ol\u00f3<span class=\"_ _0\"></span>gic<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>(No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>3.8<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>trum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s me<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>atra<span class=\"_ _0\"></span>v\u00e9s<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> atr<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>\u00e9s<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>gra<span class=\"_ _0\"></span>l (N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 8<span class=\"_ _0\"></span>.3<span class=\"_ _0\"></span>), <span class=\"_ _0\"></span>nos <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>clue<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>Nota<span class=\"_ _0\"></span> 8.<span class=\"_ _0\"></span>2)<span class=\"_ _0\"></span>. O <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> a re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>ben<span class=\"_ _0\"></span>ef\u00edc<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>os \u00e9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>do pe<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>ded<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>ao re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfGoingConcernExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-40-2": {
   "value": "1.5.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Nov<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> no<span class=\"_ _3b\"></span>rmas I<span class=\"_ _0\"></span>FRS<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r </span></span>1.5.1. Outras no<span class=\"_ _1\"></span>rmas, altera\u00e7\u00f5<span class=\"_ _1\"></span>es e interpre<span class=\"_ _1\"></span>ta\u00e7\u00f5es adotadas ou<span class=\"_ _1\"></span> a adotar<span class=\"_ _1\"></span> Normas, altera\u00e7\u00f5es e interpreta\u00e7\u00f5es adotad<span class=\"_ _0\"></span>as em 2022<span class=\"_ _1\"></span> Sem<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nstra<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras Data de Altera\u00e7\u00e3o aplica\u00e7\u00e3o Normas e altera\u00e7\u00f5es endossadas pela Uni\u00e3o Euro<span class=\"_ _0\"></span>peia<span class=\"_ _1\"></span> Refer\u00eancias \u00e0 Estrutura Em maio de 2020,<span class=\"_ _1\"></span> o IASB emit<span class=\"_ _1\"></span>iu \u201cRefer\u00eancias \u00e0 Estrutu<span class=\"_ _1\"></span>ra Conceptua<span class=\"_ _1\"></span>l\u201d, alterando a <span class=\"_ _1\"></span>IFRS 1 de janeiro de Conceptual (a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es \u00e0 IFRS 3 Concentra\u00e7\u00e3o de<span class=\"_ _1\"></span> Neg\u00f3cios.<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>3)<span class=\"ls0\"> </span>As altera\u00e7\u00f5es atua<span class=\"_ _1\"></span>lizaram a IFRS 3, sub<span class=\"_ _1\"></span>stituindo a<span class=\"_ _1\"></span> refer\u00eancia a uma vers\u00e3<span class=\"_ _1\"></span>o antiga da Estrutura Conceptua<span class=\"_ _1\"></span>l por uma refe<span class=\"_ _1\"></span>r\u00eancia \u00e0 vers\u00e3o<span class=\"_ _1\"></span> mais recente, que <span class=\"_ _1\"></span>foi emitida em<span class=\"_ _1\"></span> mar\u00e7o de 2018.<span class=\"_ _1\"></span> As altera\u00e7\u00f5es de<span class=\"_ _1\"></span>vem ser aplicadas<span class=\"_ _1\"></span> a concentra\u00e7\u00f5es <span class=\"_ _1\"></span>de neg\u00f3cio<span class=\"_ _1\"></span>s para as qua<span class=\"_ _1\"></span>is a data de<span class=\"_ _1\"></span> aquisi\u00e7\u00e3o \u00e9 no ou ap<span class=\"_ _1\"></span>\u00f3s o in\u00edcio d<span class=\"_ _1\"></span>o primeiro per<span class=\"_ _1\"></span>\u00edodo de relat\u00f3r<span class=\"_ _1\"></span>io anual com <span class=\"_ _1\"></span>in\u00edcio em ou ap\u00f3s 1 de jane<span class=\"_ _1\"></span>iro de 2022.  Ativos fixos tang\u00ed<span class=\"_ _1\"></span>veis - Em maio de 2020,<span class=\"_ _1\"></span> o IASB emit<span class=\"_ _1\"></span>iu \u201cAtivos fixos tang<span class=\"_ _1\"></span>\u00edveis <span class=\"_ _1\"></span><span class=\"ff1\">- Receitas a<span class=\"_ _1\"></span>ntes do Uso </span>1 de janeiro de Receitas antes do u<span class=\"_ _1\"></span>so Pretendido\u201d, que<span class=\"_ _1\"></span> alterou a IAS 16 <span class=\"_ _1\"></span>Ativos fixos tang\u00edve<span class=\"_ _1\"></span>is.<span class=\"_ _1\"></span><span class=\"ff1\"> </span>2022<span class=\"ls0\"> </span>pretendido, a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es \u00e0 IAS As altera\u00e7\u00f5es pr<span class=\"_ _1\"></span>o\u00edbem a dedu\u00e7\u00e3o <span class=\"_ _1\"></span>ao custo de um ite<span class=\"_ _1\"></span>m do<span class=\"_ _1\"></span> ativo fixo tang\u00edve<span class=\"_ _1\"></span>l, de qua<span class=\"_ _1\"></span>lquer 16 Ativos fixos ta<span class=\"_ _1\"></span>ng\u00edveis<span class=\"_ _1\"></span> receita da venda de<span class=\"_ _1\"></span> itens produ<span class=\"_ _1\"></span>zidos ao trazer es<span class=\"_ _1\"></span>se ativo para o loca<span class=\"_ _1\"></span>l e condi\u00e7\u00e3o necess\u00e1rios para<span class=\"_ _1\"></span> que seja capaz de<span class=\"_ _1\"></span> operar da forma preten<span class=\"_ _1\"></span>dida pela ad<span class=\"_ _1\"></span>ministra\u00e7\u00e3o. Em<span class=\"_ _1\"></span> vez disso, a ent<span class=\"_ _1\"></span>idade dever\u00e1 recon<span class=\"_ _1\"></span>hecer em resultados essa<span class=\"_ _1\"></span>s receitas de<span class=\"_ _1\"></span> vendas.<span class=\"_ _1\"></span> As altera\u00e7\u00f5es de<span class=\"_ _1\"></span>vem ser aplicada<span class=\"_ _1\"></span>s para per<span class=\"_ _1\"></span>\u00edodos anuais in<span class=\"_ _1\"></span>iciados em ou a<span class=\"_ _1\"></span>p\u00f3s 1 de janeiro de 2022.<span class=\"_ _1\"></span> Contratos Onerosos<span class=\"_ _1\"></span> - Custo de Em maio de 2020,<span class=\"_ _1\"></span> o IASB emit<span class=\"_ _1\"></span>iu \u201cContratos Onero<span class=\"_ _1\"></span>sos <span class=\"ff1\">- </span>Cu<span class=\"_ _1\"></span>sto de cumpr<span class=\"_ _1\"></span>ir um contrato\u201d, 1 de janeiro de cumprir um contrat<span class=\"_ _1\"></span>o que alterou a IAS 3<span class=\"_ _1\"></span>7 Provis\u00f5es,<span class=\"_ _1\"></span> Passivos Cont<span class=\"_ _1\"></span>ingentes e Ativo<span class=\"_ _1\"></span>s Contingente<span class=\"_ _1\"></span>s. 2022<span class=\"ls0\"> </span>O objetivo das a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es \u00e9 o de esc<span class=\"_ _1\"></span>larecer os requis<span class=\"_ _1\"></span>itos da IAS 37 s<span class=\"_ _1\"></span>obre contratos onerosos no que d<span class=\"_ _1\"></span>iz respeito \u00e0 av<span class=\"_ _1\"></span>alia\u00e7\u00e3o se, num contrat<span class=\"_ _1\"></span>o, os custo<span class=\"_ _1\"></span>s inevit\u00e1veis de<span class=\"_ _1\"></span> cumprir as obri<span class=\"_ _1\"></span>ga\u00e7\u00f5es decorrente<span class=\"_ _1\"></span>s do contr<span class=\"_ _1\"></span>ato excede<span class=\"_ _1\"></span>m os benef\u00edcios econ\u00f3<span class=\"_ _1\"></span>micos que se esperam receber <span class=\"_ _1\"></span>do mesmo. A<span class=\"_ _1\"></span>s altera\u00e7\u00f5es<span class=\"_ _1\"></span> devem ser apli<span class=\"_ _1\"></span>cadas para per\u00edodos<span class=\"_ _1\"></span> anuais iniciados e<span class=\"_ _1\"></span>m ou ap\u00f3s 1 de jane<span class=\"_ _1\"></span>iro de 2022.<span class=\"_ _1\"></span> Data de Altera\u00e7\u00e3o aplica\u00e7\u00e3o Melhoramentos d<span class=\"_ _1\"></span>o ciclo 2018<span class=\"_ _1\"></span>-Em 14 de maio de<span class=\"_ _1\"></span> 2020, o IASB em<span class=\"_ _1\"></span>itiu me<span class=\"_ _1\"></span>lhoramentos \u00e0s nor<span class=\"_ _1\"></span>mas IFRS 2018<span class=\"_ _1\"></span><span class=\"ff9\">\u2013</span>2020 1 de janeiro de 2020<span class=\"ls0\"> </span>contendo as segu<span class=\"_ _1\"></span>intes altera\u00e7\u00f5es <span class=\"_ _1\"></span>\u00e0s IFRSs:<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>(a) permitir que u<span class=\"_ _1\"></span>ma entidade, en<span class=\"_ _1\"></span>quanto subsid<span class=\"_ _1\"></span>i\u00e1ria, associada<span class=\"_ _1\"></span> ou joint venture, <span class=\"_ _1\"></span>que adota as IFRS pela<span class=\"_ _1\"></span> primeira vez<span class=\"_ _1\"></span> depois da sua contr<span class=\"_ _1\"></span>oladora e opta<span class=\"_ _1\"></span> por aplicar o par\u00e1grafo D16 (a<span class=\"_ _1\"></span>) da IFRS 1 Ado\u00e7<span class=\"_ _1\"></span>\u00e3o pela Prime<span class=\"_ _1\"></span>ira Vez das Norma<span class=\"_ _1\"></span>s Internacionai<span class=\"_ _1\"></span>s de Relat\u00f3rio Finance<span class=\"_ _1\"></span>iro, possa mensu<span class=\"_ _1\"></span>rar as diferen\u00e7as<span class=\"_ _1\"></span> de convers\u00e3o cu<span class=\"_ _1\"></span>mulativas usando<span class=\"_ _1\"></span> os valores relatados pe<span class=\"_ _1\"></span>la contro<span class=\"_ _1\"></span>ladora, com base na respe<span class=\"_ _1\"></span>tiva data de tr<span class=\"_ _1\"></span>ansi\u00e7\u00e3o para as IFRS; (b) esclarecer que a<span class=\"_ _1\"></span> refer\u00eancia \u00e0s ta<span class=\"_ _1\"></span>xas no teste de 10 p<span class=\"_ _1\"></span>or cento inclui apen<span class=\"_ _1\"></span>as taxas pagas ou receb<span class=\"_ _1\"></span>idas entre o mutu\u00e1r<span class=\"_ _1\"></span>io e o credor, inc<span class=\"_ _1\"></span>luindo taxas pag<span class=\"_ _1\"></span>as ou recebidas pel<span class=\"_ _1\"></span>o mutu\u00e1rio ou pelo <span class=\"_ _1\"></span>credor em no<span class=\"_ _1\"></span>me do outro (IFRS 9);<span class=\"_ _1\"></span> (c) remover a confus\u00e3<span class=\"_ _1\"></span>o potencia<span class=\"_ _1\"></span>l em re<span class=\"_ _1\"></span>la\u00e7\u00e3o ao tratamento <span class=\"_ _1\"></span>de incentivos de <span class=\"_ _1\"></span>loca\u00e7\u00e3o aplicando a IFRS<span class=\"_ _1\"></span> 16 Loca\u00e7\u00f5es, con<span class=\"_ _1\"></span>forme ilustrado n<span class=\"_ _1\"></span>o Exemplo I<span class=\"_ _1\"></span>lustrativo 13 que acompanha a IF<span class=\"_ _1\"></span>RS 16; e (d) remover o requ<span class=\"_ _1\"></span>isito do par\u00e1grafo 22 d<span class=\"_ _1\"></span>a IAS 41 Agr<span class=\"_ _1\"></span>icultura para que<span class=\"_ _1\"></span> as entidades excluam fluxos <span class=\"_ _1\"></span>de caixa para tr<span class=\"_ _1\"></span>ibuta\u00e7\u00e3o ao mensurar<span class=\"_ _1\"></span> o justo val<span class=\"_ _1\"></span>or aplicando a IAS 4<span class=\"_ _1\"></span>1.<span class=\"_ _1\"></span> As altera\u00e7\u00f5es ser\u00e3o<span class=\"_ _1\"></span> aplicadas para<span class=\"_ _1\"></span> per\u00edodos anuais que<span class=\"_ _1\"></span> iniciem e<span class=\"_ _1\"></span>m ou ap\u00f3s 1 de jane<span class=\"_ _1\"></span>iro de 2022. Normas, altera\u00e7\u00f5es e interpreta\u00e7\u00f5es a adotar<span class=\"_ _0\"></span> em per\u00edodos posteriores<span class=\"_ _1\"></span> Data de Altera\u00e7\u00e3o aplica\u00e7\u00e3o Normas e altera\u00e7\u00f5es endossadas pela Uni\u00e3o Euro<span class=\"_ _0\"></span>peia que o Grupo optou pela n\u00e3o aplica\u00e7\u00e3o antecipada Divulga\u00e7\u00e3o de p<span class=\"_ _1\"></span>ol\u00edticas Na sequ\u00eancia de feed<span class=\"_ _1\"></span>back obtido sobre<span class=\"_ _1\"></span> a necessidade de<span class=\"_ _1\"></span> existir ma<span class=\"_ _1\"></span>is orienta\u00e7\u00e3o que 1 de janeiro de 2023<span class=\"_ _1\"></span> contabil\u00edst<span class=\"_ _1\"></span>icas (altera\u00e7\u00f5es \u00e0 ajude as empresas a<span class=\"_ _1\"></span> decidir sobre<span class=\"_ _1\"></span> que informa\u00e7\u00e3o d<span class=\"_ _1\"></span>ivulgar relat<span class=\"_ _1\"></span>ivamente \u00e0s pol<span class=\"_ _1\"></span>\u00edticas IAS 1 <span class=\"ff9\">\u2013</span> Apresenta\u00e7\u00e3<span class=\"_ _1\"></span>o das contabil\u00edst<span class=\"_ _1\"></span>icas, o IASB emitiu, em<span class=\"_ _1\"></span> 12 de fevereiro <span class=\"_ _1\"></span>de 2021, altera\u00e7<span class=\"_ _1\"></span>\u00f5es \u00e0 IA<span class=\"_ _1\"></span>S 1 <span class=\"ff9\">\u2013</span> demonstra\u00e7\u00f5es finan<span class=\"_ _1\"></span>ceiras e Apresenta\u00e7\u00e3o das<span class=\"_ _1\"></span> demonstra\u00e7\u00f5es <span class=\"_ _1\"></span>financeiras e \u00e0 <span class=\"_ _1\"></span>IFRS Practice State<span class=\"_ _1\"></span>ment 2 <span class=\"_ _1\"></span><span class=\"ff9\">\u2013</span> Fazend<span class=\"_ _1\"></span>o IFRS Practice State<span class=\"_ _1\"></span>ment 2) julgamentos de<span class=\"_ _1\"></span> materialidade. <span class=\"_ _1\"></span> As principais a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es \u00e0 IAS 1 <span class=\"_ _1\"></span>incluem: i) ex<span class=\"_ _1\"></span>igir que as ent<span class=\"_ _1\"></span>idades divulgue<span class=\"_ _1\"></span>m informa\u00e7\u00e3o re<span class=\"_ _1\"></span>lativa a pol\u00edticas <span class=\"_ _1\"></span>contabil\u00edst<span class=\"_ _1\"></span>icas materiais<span class=\"_ _1\"></span> em vez de<span class=\"_ _1\"></span> pol\u00edticas contabil\u00edst<span class=\"_ _1\"></span>icas significativas, <span class=\"_ _1\"></span>ii) esclarecer que a<span class=\"_ _1\"></span>s pol\u00edticas contab<span class=\"_ _1\"></span>il\u00edsticas re<span class=\"_ _1\"></span>lacionadas com transa\u00e7\u00f5es <span class=\"_ _1\"></span>imateriais s\u00e3o <span class=\"_ _1\"></span>igualmente imater<span class=\"_ _1\"></span>iais e como ta<span class=\"_ _1\"></span>l n\u00e3o precisam de<span class=\"_ _1\"></span> ser divulgadas e <span class=\"_ _1\"></span>iii) esclarecer que ne<span class=\"_ _1\"></span>m todas as p<span class=\"_ _1\"></span>ol\u00edticas con<span class=\"_ _1\"></span>tabil<span class=\"_ _1\"></span>\u00edsticas relacionada<span class=\"_ _1\"></span>s com transa\u00e7\u00f5es mater<span class=\"_ _1\"></span>iais s\u00e3o, elas me<span class=\"_ _1\"></span>smas, mater<span class=\"_ _1\"></span>iais para as demonstr<span class=\"_ _1\"></span>a\u00e7\u00f5es finance<span class=\"_ _1\"></span>iras de uma entidade.<span class=\"_ _1\"></span>  O IASB tamb\u00e9m a<span class=\"_ _1\"></span>lterou a IFRS Pr<span class=\"_ _1\"></span>actice Statement<span class=\"_ _1\"></span> 2 para inclu<span class=\"_ _1\"></span>ir orienta\u00e7\u00f5es e do<span class=\"_ _1\"></span>is exemplos adici<span class=\"_ _1\"></span>onais na aplica\u00e7\u00e3<span class=\"_ _1\"></span>o de materialidade<span class=\"_ _1\"></span> \u00e0s divulga\u00e7\u00f5es<span class=\"_ _1\"></span> de pol\u00edticas contabil\u00edst<span class=\"_ _1\"></span>icas. Estas altera\u00e7\u00f5es <span class=\"_ _1\"></span>s\u00e3o consistentes<span class=\"_ _1\"></span> com a defini\u00e7\u00e3<span class=\"_ _1\"></span>o revista de mater<span class=\"_ _1\"></span>ial: <span class=\"_ _1\"></span> \u201cA info<span class=\"ff1\">rma\u00e7\u00e3o re<span class=\"_ _1\"></span>lativa a pol\u00edt<span class=\"_ _1\"></span>icas contabi<span class=\"_ _1\"></span>l\u00edsticas \u00e9 materia<span class=\"_ _1\"></span>l se, quando cons<span class=\"_ _1\"></span>iderada em </span>conjunto com outras<span class=\"_ _1\"></span> informa\u00e7\u00f5es <span class=\"_ _1\"></span>inclu\u00eddas nas de<span class=\"_ _1\"></span>monstra\u00e7\u00f5es f<span class=\"_ _1\"></span>inanceiras de uma entidade, \u00e9 razoa<span class=\"_ _1\"></span>velmente esperado que<span class=\"_ _1\"></span> influencie as de<span class=\"_ _1\"></span>cis\u00f5es que os pr<span class=\"_ _1\"></span>incipais utilizadores das<span class=\"_ _1\"></span> demonstra\u00e7\u00f5e<span class=\"_ _1\"></span>s financeiras<span class=\"_ _1\"></span> de uma forma gera<span class=\"_ _1\"></span>l tomem com base nessas demonstra\u00e7<span class=\"_ _1\"></span>\u00f5es financeiras.\u201d<span class=\"_ _1\"></span><span class=\"ff1\"> </span>As altera\u00e7\u00f5es entram<span class=\"_ _1\"></span> em vigor a par<span class=\"_ _1\"></span>tir de 1 de janeiro de 2<span class=\"_ _1\"></span>023, mas<span class=\"_ _1\"></span> a sua aplica\u00e7\u00e3o antecipada \u00e9 perm<span class=\"_ _1\"></span>itida. Data de Altera\u00e7\u00e3o aplica\u00e7\u00e3o Altera\u00e7\u00f5es \u00e0 IAS 8<span class=\"_ _1\"></span> Pol\u00edticas O IASB emit<span class=\"_ _1\"></span>iu altera\u00e7\u00f5es \u00e0 IAS 8 <span class=\"_ _1\"></span>Pol\u00edticas Contab<span class=\"_ _1\"></span>il\u00edsticas, Altera\u00e7<span class=\"_ _1\"></span>\u00f5es nas Estimat<span class=\"_ _1\"></span>ivas 1 de janeiro de 20<span class=\"_ _1\"></span>23 Contabil\u00edstica<span class=\"_ _1\"></span>s, Altera\u00e7\u00f5es Contabil\u00edstica<span class=\"_ _1\"></span>s e Erros para c<span class=\"_ _1\"></span>larificar como as<span class=\"_ _1\"></span> entidades de<span class=\"_ _1\"></span>vem<span class=\"_ _1\"></span> distinguir as nas Estimativas altera\u00e7\u00f5es nas po<span class=\"_ _1\"></span>l\u00edticas contabi<span class=\"_ _1\"></span>l\u00edsticas das<span class=\"_ _1\"></span> altera\u00e7\u00f5es nas est<span class=\"_ _1\"></span>imativas conta<span class=\"_ _1\"></span>bil\u00edsticas,<span class=\"_ _1\"></span> Contabil\u00edstica<span class=\"_ _1\"></span>s e Erros: com foco princ<span class=\"_ _1\"></span>ipal na defini\u00e7\u00e3o e e<span class=\"_ _1\"></span>sclarecimentos<span class=\"_ _1\"></span> sobre as estimat<span class=\"_ _1\"></span>ivas contabil\u00edsti<span class=\"_ _1\"></span>cas.<span class=\"_ _1\"></span> Defini\u00e7\u00e3o de Esti<span class=\"_ _1\"></span>mativas As altera\u00e7\u00f5es intro<span class=\"_ _1\"></span>duzem uma n<span class=\"_ _1\"></span>ova defini\u00e7\u00e3o para est<span class=\"_ _1\"></span>imativas <span class=\"_ _1\"></span>contabil\u00ed<span class=\"_ _1\"></span>sticas: Contabil\u00edstica<span class=\"_ _1\"></span>s clarificando que<span class=\"_ _1\"></span> s\u00e3o valores monet<span class=\"_ _1\"></span>\u00e1rios nas de<span class=\"_ _1\"></span>monstra\u00e7\u00f5es f<span class=\"_ _1\"></span>inanceiras que est\u00e3o<span class=\"_ _1\"></span> sujeitos \u00e0 incerteza<span class=\"_ _1\"></span> de mensura\u00e7\u00e3<span class=\"_ _1\"></span>o.<span class=\"_ _1\"></span> As altera\u00e7\u00f5es ta<span class=\"_ _1\"></span>mb\u00e9m clarificam<span class=\"_ _1\"></span> a rela\u00e7\u00e3o entr<span class=\"_ _1\"></span>e as pol\u00edticas contab<span class=\"_ _1\"></span>il\u00edsticas<span class=\"_ _1\"></span> e as estimativas contab<span class=\"_ _1\"></span>il\u00edsticas, espec<span class=\"_ _1\"></span>ificand<span class=\"_ _1\"></span>o que uma ent<span class=\"_ _1\"></span>idade desen<span class=\"_ _1\"></span>volve uma estimativa contab<span class=\"_ _1\"></span>il\u00edstica para at<span class=\"_ _1\"></span>ingir o objetivo<span class=\"_ _1\"></span> estabelecido por<span class=\"_ _1\"></span> uma pol\u00edtica contabil\u00edst<span class=\"_ _1\"></span>ica. Os efeitos das a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es em ta<span class=\"_ _1\"></span>is dados ou t\u00e9cn<span class=\"_ _1\"></span>icas de mensura\u00e7\u00e3<span class=\"_ _1\"></span>o s\u00e3o altera\u00e7\u00f5es nas est<span class=\"_ _1\"></span>imativas conta<span class=\"_ _1\"></span>bil\u00edsticas.<span class=\"_ _1\"></span> As altera\u00e7\u00f5es s\u00e3<span class=\"_ _1\"></span>o efetivas para<span class=\"_ _1\"></span> per\u00edodos co<span class=\"_ _1\"></span>m in\u00edcio e<span class=\"_ _1\"></span>m ou ap\u00f3s 1 de<span class=\"_ _1\"></span> janeiro de 2023,<span class=\"_ _1\"></span> com aplica\u00e7\u00e3o antec<span class=\"_ _1\"></span>ipada permit<span class=\"_ _1\"></span>ida, e ser\u00e3o ap<span class=\"_ _1\"></span>licadas prospect<span class=\"_ _1\"></span>ivamente<span class=\"_ _1\"></span> \u00e0s altera\u00e7\u00f5es nas est<span class=\"_ _1\"></span>imativas conta<span class=\"_ _1\"></span>bil\u00edsticas e a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es nas po<span class=\"_ _1\"></span>l\u00edticas conta<span class=\"_ _1\"></span>bil\u00edsticas ocorridas no ou ap<span class=\"_ _1\"></span>\u00f3s o in<span class=\"_ _1\"></span>\u00edcio do primeiro per\u00ed<span class=\"_ _1\"></span>odo de relat\u00f3r<span class=\"_ _1\"></span>io anual ao qual a ent<span class=\"_ _1\"></span>idade aplica as altera\u00e7<span class=\"_ _1\"></span>\u00f5es. Altera\u00e7\u00f5es \u00e0 IAS 1<span class=\"_ _1\"></span>2: O IASB emit<span class=\"_ _1\"></span>iu altera\u00e7\u00f5es \u00e0 IAS 12<span class=\"_ _1\"></span> - 'Impo<span class=\"_ _1\"></span>stos sobre o Rend<span class=\"_ _1\"></span>imento', em 7 de <span class=\"_ _1\"></span>maio de 1 de janeiro de 20<span class=\"_ _1\"></span>23 imposto diferido<span class=\"_ _1\"></span> relacionado 2021.<span class=\"ls0\"> </span>com ativos e pass<span class=\"_ _1\"></span>ivos As altera\u00e7\u00f5es exi<span class=\"_ _1\"></span>gem que as empr<span class=\"_ _1\"></span>esas reconhe\u00e7am<span class=\"_ _1\"></span> impostos difer<span class=\"_ _1\"></span>idos sobre as decorrentes de uma<span class=\"_ _1\"></span> \u00fanica transa\u00e7\u00f5es que, no rec<span class=\"_ _1\"></span>onhecimento <span class=\"_ _1\"></span>inicial, d\u00e3o or<span class=\"_ _1\"></span>igem a montantes <span class=\"_ _1\"></span>iguais de transa\u00e7\u00e3o diferen\u00e7as tempor\u00e1r<span class=\"_ _1\"></span>ias tribut\u00e1ve<span class=\"_ _1\"></span>is e dedut<span class=\"_ _1\"></span>\u00edveis.  Em determinadas<span class=\"_ _1\"></span> circunst\u00e2ncia<span class=\"_ _1\"></span>s, as empresas est\u00e3o<span class=\"_ _1\"></span> isentas de reco<span class=\"_ _1\"></span>nhecer impostos diferidos quando<span class=\"_ _1\"></span> reconhecem ati<span class=\"_ _1\"></span>vos ou passivos <span class=\"_ _1\"></span>pela prime<span class=\"_ _1\"></span>ira vez. Anter<span class=\"_ _1\"></span>iormente, havia alguma<span class=\"_ _1\"></span> incerteza sobre se a<span class=\"_ _1\"></span> isen\u00e7\u00e3o se<span class=\"_ _1\"></span> aplicava a transa<span class=\"_ _1\"></span>\u00e7\u00f5es como loca<span class=\"_ _1\"></span>\u00e7\u00f5es e provis\u00f5es para de<span class=\"_ _1\"></span>smantelamento,<span class=\"_ _1\"></span> isto \u00e9, transa\u00e7\u00f5e<span class=\"_ _1\"></span>s no \u00e2mbito das<span class=\"_ _1\"></span> quais as empre<span class=\"_ _1\"></span>sas reconhecem um at<span class=\"_ _1\"></span>ivo e um pass<span class=\"_ _1\"></span>ivo. As altera\u00e7\u00f5es esc<span class=\"_ _1\"></span>larecem que a <span class=\"_ _1\"></span>isen\u00e7\u00e3o n\u00e3o se aplica a este tipo<span class=\"_ _1\"></span> de transa\u00e7\u00f5es e <span class=\"_ _1\"></span>que as empresas <span class=\"_ _1\"></span>s\u00e3o obrigadas a<span class=\"_ _1\"></span> reconhecer impostos d<span class=\"_ _1\"></span>iferidos. O objet<span class=\"_ _1\"></span>ivo das altera\u00e7\u00f5es \u00e9 redu<span class=\"_ _1\"></span>zir a divers<span class=\"_ _1\"></span>idade na divulga\u00e7\u00e3o<span class=\"_ _1\"></span> de impostos d<span class=\"_ _1\"></span>iferidos sobre loca\u00e7\u00f5es<span class=\"_ _1\"></span> e provis\u00f5es para<span class=\"_ _1\"></span> desmantelament<span class=\"_ _1\"></span>o.<span class=\"_ _1\"></span> As altera\u00e7\u00f5es entram<span class=\"_ _1\"></span> em vigor par<span class=\"_ _1\"></span>a os per\u00edodos anua<span class=\"_ _1\"></span>is com in\u00edci<span class=\"_ _1\"></span>o em ou ap\u00f3s 1 de<span class=\"_ _1\"></span> janeiro de 2023<span class=\"ls25\">. </span>A<span class=\"_ _1\"></span> aplica\u00e7\u00e3o<span class=\"_ _1\"></span> antecipada \u00e9 perm<span class=\"_ _1\"></span>itida.<span class=\"_ _1\"></span> IF<span class=\"ls0\">RS 17 <span class=\"ff9\">\u2013</span> Contrat<span class=\"_ _1\"></span>os de </span>O IASB emit<span class=\"_ _1\"></span>iu em 18 de maio de<span class=\"_ _1\"></span> 2017 uma norma<span class=\"_ _1\"></span> que veio subst<span class=\"_ _1\"></span>ituir a IFRS 4 e 1 de janeiro de 20<span class=\"_ _1\"></span>23 Seguros reformar por comp<span class=\"_ _1\"></span>leto o tratamen<span class=\"_ _1\"></span>to a dar aos contrat<span class=\"_ _1\"></span>os de seguro.<span class=\"_ _1\"></span> A norma introdu<span class=\"_ _1\"></span>z altera\u00e7\u00f5es sign<span class=\"_ _1\"></span>ificativas \u00e0 forma<span class=\"_ _1\"></span> como \u00e9 mensurad<span class=\"_ _1\"></span>o e apresentada<span class=\"_ _1\"></span> a performance<span class=\"_ _1\"></span> dos contratos de seguro<span class=\"_ _1\"></span> com diversos <span class=\"_ _1\"></span>impactos tamb\u00e9m ao<span class=\"_ _1\"></span> n\u00edvel da po<span class=\"_ _1\"></span>si\u00e7\u00e3o finance<span class=\"_ _1\"></span>ira. A norma prev\u00ea a sua<span class=\"_ _1\"></span> aplica\u00e7\u00e3o para<span class=\"_ _1\"></span> os exerc\u00edcios que<span class=\"_ _1\"></span> se iniciem em<span class=\"_ _1\"></span> ou ap\u00f3s 1 de janeiro de 2023.<span class=\"_ _1\"></span> Altera\u00e7\u00f5es \u00e0 IFRS<span class=\"_ _1\"></span> 17 <span class=\"ff9\">\u2013</span> O IASB emit<span class=\"_ _1\"></span>iu uma altera\u00e7\u00e3o a<span class=\"_ _1\"></span>o \u00e2mbito dos requ<span class=\"_ _1\"></span>isitos de transi<span class=\"_ _1\"></span>\u00e7\u00e3o da IFRS 17 <span class=\"_ _1\"></span><span class=\"ff9\">\u2013</span> 1 de janeiro de 20<span class=\"_ _1\"></span>23 Contratos de Seguros<span class=\"_ _1\"></span>: Contratos de Seguro,<span class=\"_ _1\"></span> proporciona<span class=\"_ _1\"></span>ndo \u00e0s seguradora<span class=\"_ _1\"></span>s uma op\u00e7\u00e3o co<span class=\"_ _1\"></span>m o objetivo <span class=\"_ _1\"></span>de aplica\u00e7\u00e3o inic<span class=\"_ _1\"></span>ial da IFRS 17 melhorar a ut<span class=\"_ _1\"></span>ilidade das informa<span class=\"_ _1\"></span>\u00e7\u00f5es para os <span class=\"_ _1\"></span>Investidores<span class=\"_ _1\"></span> na aplica<span class=\"_ _1\"></span>\u00e7\u00e3o inicial da no<span class=\"_ _1\"></span>va e IFRS 9 <span class=\"ff9\">\u2013</span> Infor<span class=\"_ _1\"></span>ma\u00e7\u00e3o norma. comparativa A IFRS 17, inc<span class=\"_ _1\"></span>luindo esta altera<span class=\"_ _1\"></span>\u00e7\u00e3o, \u00e9 efetiva para <span class=\"_ _1\"></span>os per\u00edodos de re<span class=\"_ _1\"></span>lato anua<span class=\"_ _1\"></span>is com in\u00edcio em ou ap\u00f3s<span class=\"_ _1\"></span> 1 de janeiro de <span class=\"_ _1\"></span>2023.<span class=\"_ _1\"></span> Normas e altera\u00e7\u00f5es ainda n\u00e3o endossadas pela Uni\u00e3o Europeia<span class=\"fc15\"> </span>Clarifica\u00e7\u00e3o <span class=\"_ _1\"></span> O IASB emit<span class=\"_ _1\"></span>iu, em 23 de janeiro <span class=\"_ _1\"></span>de 2020, uma<span class=\"_ _1\"></span> altera\u00e7\u00e3o<span class=\"_ _1\"></span> \u00e0 IAS 1 Apr<span class=\"_ _1\"></span>esenta\u00e7\u00e3o das 1 de janeiro de 2024<span class=\"_ _1\"></span> dos requisitos <span class=\"_ _1\"></span> Demonstra\u00e7\u00f5es F<span class=\"_ _1\"></span>inanceiras para c<span class=\"_ _1\"></span>larificar como cla<span class=\"_ _1\"></span>ssificar d\u00edvida e <span class=\"_ _1\"></span>outros passivo<span class=\"_ _1\"></span>s de classifica\u00e7\u00e3o de<span class=\"_ _1\"></span> passivos como corrente e n\u00e3<span class=\"_ _1\"></span>o corrente.<span class=\"_ _1\"></span> como corrente ou n\u00e3o<span class=\"_ _1\"></span> As altera\u00e7\u00f5es esclar<span class=\"_ _1\"></span>ecem um crit\u00e9<span class=\"_ _1\"></span>rio da IAS 1 para c<span class=\"_ _1\"></span>lassificar um<span class=\"_ _1\"></span> passivo como n\u00e3o<span class=\"_ _1\"></span> corrente (altera\u00e7<span class=\"_ _1\"></span>\u00f5es \u00e0 IAS 1 corrente: a exig\u00eanc<span class=\"_ _1\"></span>ia de uma<span class=\"_ _1\"></span> entidade ter o dire<span class=\"_ _1\"></span>ito de diferir<span class=\"_ _1\"></span> a liquida\u00e7\u00e3o do pa<span class=\"_ _1\"></span>ssivo \u2013<span class=\"ff1\"> Apresenta\u00e7\u00e3o da<span class=\"_ _1\"></span>s </span>por pelo menos 12<span class=\"_ _1\"></span> meses ap\u00f3s o <span class=\"_ _1\"></span>per\u00edodo de relat\u00f3r<span class=\"_ _1\"></span>io.<span class=\"_ _1\"></span> Demonstra\u00e7\u00f5es F<span class=\"_ _1\"></span>inanceiras)<span class=\"_ _1\"></span> As altera\u00e7\u00f5es visa<span class=\"_ _1\"></span>m: a.<span class=\"ls0\"> <span class=\"_ _9d\"> </span>especificar que<span class=\"_ _1\"></span> o direito de uma e<span class=\"_ _1\"></span>ntidade de d<span class=\"_ _1\"></span>iferir a liquida\u00e7\u00e3<span class=\"_ _1\"></span>o deve </span>existir no final d<span class=\"_ _1\"></span>o per\u00edodo de re<span class=\"_ _1\"></span>lat\u00f3rio;<span class=\"_ _1\"></span> b.<span class=\"ls0\"> <span class=\"_ _9d\"> </span>esclarecer que a class<span class=\"_ _1\"></span>ifica\u00e7\u00e3o n\u00e3o \u00e9 afetada <span class=\"_ _1\"></span>pelas inten\u00e7\u00f5es<span class=\"_ _1\"></span> ou </span>expectativas da a<span class=\"_ _1\"></span>dministra\u00e7\u00e3o s<span class=\"_ _1\"></span>obre se a entidade exerce<span class=\"_ _1\"></span>r\u00e1 seu dire<span class=\"_ _1\"></span>ito de adiar a liquida\u00e7\u00e3o;<span class=\"_ _1\"></span> c.<span class=\"ls0\"> <span class=\"_ _59\"> </span>esclarecer como as cond<span class=\"_ _1\"></span>i\u00e7\u00f5es de empr\u00e9st<span class=\"_ _1\"></span>imo afetam a c<span class=\"_ _1\"></span>lassifica\u00e7\u00e3o; e<span class=\"_ _1\"></span> </span>d.<span class=\"ls0\"> <span class=\"_ _9d\"> </span>esclarecer os requisito<span class=\"_ _1\"></span>s para class<span class=\"_ _1\"></span>ificar pass<span class=\"_ _1\"></span>ivos que uma ent<span class=\"_ _1\"></span>idade ir\u00e1 </span>liquidar, ou pos<span class=\"_ _1\"></span>sa liquidar, atrav\u00e9s<span class=\"_ _1\"></span> da emiss\u00e3o do<span class=\"_ _1\"></span>s seus pr\u00f3prios in<span class=\"_ _1\"></span>strumentos<span class=\"_ _1\"></span> Data de Altera\u00e7\u00e3o aplica\u00e7\u00e3o patrimoniais.<span class=\"_ _1\"></span> Esta altera\u00e7\u00e3o \u00e9 efet<span class=\"_ _1\"></span>iva para per\u00edodos<span class=\"_ _1\"></span> ap\u00f3s 1 de janeir<span class=\"_ _1\"></span>o de 2024.<span class=\"_ _1\"></span> Passivo de loca\u00e7\u00e3<span class=\"_ _1\"></span>o numa O <span class=\"_ _0\"></span>IASB emitiu em s<span class=\"_ _0\"></span>etembro de 2022 <span class=\"_ _0\"></span>altera\u00e7\u00f5es \u00e0 IFRS <span class=\"_ _0\"></span>16 <span class=\"ff9\">\u2013</span> Loca\u00e7\u00f5es que <span class=\"_ _0\"></span>introduze<span class=\"_ _1\"></span>m 1 de janeiro de 2024<span class=\"_ _1\"></span> transa\u00e7\u00e3o de venda e<span class=\"_ _1\"></span> um <span class=\"_ _1\"></span>novo <span class=\"_ _1\"></span>modelo <span class=\"_ _1\"></span>contab<span class=\"_ _1\"></span>il\u00edstico <span class=\"_ _1\"></span>par<span class=\"_ _1\"></span>a <span class=\"_ _1\"></span>pagamentos<span class=\"_ _1\"></span> var<span class=\"_ _1\"></span>i\u00e1veis <span class=\"_ _1\"></span>numa <span class=\"_ _1\"></span>tra<span class=\"_ _1\"></span>nsa\u00e7\u00e3o <span class=\"_ _1\"></span>de <span class=\"_ _1\"></span>venda reloca\u00e7\u00e3o (altera\u00e7<span class=\"_ _1\"></span>\u00f5es \u00e0 IFRS e reloca\u00e7\u00e3o. A<span class=\"_ _1\"></span>s altera\u00e7\u00f5es con<span class=\"_ _1\"></span>firmam que:<span class=\"_ _1\"></span> 16 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> Loca\u00e7\u00f5es) </span></span>- <span class=\"_ _9e\"> </span><span class=\"ff1\">No reconhecimento <span class=\"_ _1\"></span>inicial, o vendedor <span class=\"_ _1\"></span>- locat\u00e1r<span class=\"_ _1\"></span>io inclui os pagamentos vari<span class=\"_ _1\"></span>\u00e1veis </span>de <span class=\"_ _0\"></span>loca\u00e7\u00e3o quando m<span class=\"_ _0\"></span>ensura um <span class=\"_ _0\"></span>passivo de <span class=\"_ _0\"></span>loca\u00e7\u00e3o <span class=\"_ _0\"></span>decorrente de <span class=\"_ _0\"></span>uma transa\u00e7\u00e3o de venda e re<span class=\"_ _1\"></span>loca\u00e7\u00e3o; - <span class=\"_ _9e\"> </span><span class=\"ff1\">Ap\u00f3s <span class=\"_ _1\"></span>o rec<span class=\"_ _1\"></span>onhecimento <span class=\"_ _1\"></span>in<span class=\"_ _1\"></span>icial, o<span class=\"_ _1\"></span> v<span class=\"_ _1\"></span>endedor <span class=\"_ _1\"></span>- <span class=\"_ _45\"></span>locat\u00e1rio a<span class=\"_ _1\"></span>plica <span class=\"_ _1\"></span>os <span class=\"_ _1\"></span>requ<span class=\"_ _1\"></span>isitos <span class=\"_ _1\"></span>gerais </span>para <span class=\"_ _9f\"> </span>a <span class=\"_ _9f\"> </span>contab<span class=\"_ _1\"></span>iliza\u00e7\u00e3o <span class=\"_ _9f\"> </span>su<span class=\"_ _1\"></span>bsequent<span class=\"_ _1\"></span>e <span class=\"_ _9f\"> </span>do <span class=\"_ _9f\"> </span>pass<span class=\"_ _1\"></span>ivo <span class=\"_ _9f\"> </span>de <span class=\"_ _40\"> </span>lo<span class=\"_ _0\"></span>ca\u00e7\u00e3o, <span class=\"_ _40\"> </span>de <span class=\"_ _9f\"> </span>modo <span class=\"_ _9f\"> </span>que<span class=\"_ _1\"></span> <span class=\"_ _9f\"> </span>n\u00e3o reconhe\u00e7a nenhum<span class=\"_ _1\"></span> ganho ou perda re<span class=\"_ _1\"></span>lacionado com o dire<span class=\"_ _1\"></span>ito de uso que ret\u00e9<span class=\"_ _1\"></span>m.<span class=\"_ _1\"></span> Um vendedor <span class=\"_ _1\"></span>- <span class=\"_ _1\"></span>locat\u00e1rio <span class=\"_ _1\"></span>pode a<span class=\"_ _1\"></span>dotar d<span class=\"_ _1\"></span>iferentes aborda<span class=\"_ _1\"></span>gens que <span class=\"_ _1\"></span>satisfa\u00e7am<span class=\"_ _1\"></span> os no<span class=\"_ _1\"></span>vos requisitos de mensur<span class=\"_ _1\"></span>a\u00e7\u00e3o subseque<span class=\"_ _1\"></span>nte.<span class=\"_ _1\"></span> As altera\u00e7<span class=\"_ _1\"></span>\u00f5es s\u00e3o <span class=\"_ _1\"></span>efetivas<span class=\"_ _1\"></span> para <span class=\"_ _1\"></span>per\u00edodos <span class=\"_ _1\"></span>anuais <span class=\"_ _1\"></span>iniciados<span class=\"_ _1\"></span> em ou<span class=\"_ _1\"></span> a<span class=\"_ _1\"></span>p\u00f3s 1 <span class=\"_ _1\"></span>de jane<span class=\"_ _1\"></span>iro de<span class=\"_ _1\"></span> 2024, com ap<span class=\"_ _1\"></span>lica\u00e7\u00e3o antecipada<span class=\"_ _1\"></span> permitida.<span class=\"_ _1\"></span> De <span class=\"_ _9b\"> </span>acordo <span class=\"_ _a0\"> </span>com <span class=\"_ _9b\"> </span>a <span class=\"_ _a0\"> </span>IAS <span class=\"_ _9b\"> </span>8 <span class=\"_ _a0\"> </span>- <span class=\"_ _9b\"> </span>P<span class=\"_ _1\"></span>ol\u00edticas <span class=\"_ _9b\"> </span>C<span class=\"_ _1\"></span>ontabil\u00edst<span class=\"_ _1\"></span>icas, <span class=\"_ _9b\"> </span>Altera\u00e7<span class=\"_ _1\"></span>\u00f5es <span class=\"_ _9b\"> </span>nas <span class=\"_ _a0\"> </span>Estimat<span class=\"_ _1\"></span>ivas Contabil\u00edstica<span class=\"_ _1\"></span>s <span class=\"_ _9b\"> </span>e <span class=\"_ _a0\"> </span>Erros, <span class=\"_ _9b\"> </span>u<span class=\"_ _1\"></span>m <span class=\"_ _9b\"> </span>ven<span class=\"_ _1\"></span>dedor <span class=\"_ _a0\"> </span>- <span class=\"_ _9b\"> </span>locat\u00e1r<span class=\"_ _1\"></span>io <span class=\"_ _9b\"> </span>ter\u00e1 <span class=\"_ _a0\"> </span>de <span class=\"_ _a0\"> </span>aplicar <span class=\"_ _a0\"> </span>as <span class=\"_ _9b\"> </span>a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es retrospetivamente<span class=\"_ _1\"></span> \u00e0s<span class=\"_ _1\"></span> tran<span class=\"_ _1\"></span>sa\u00e7\u00f5es <span class=\"_ _1\"></span>de <span class=\"_ _1\"></span>venda <span class=\"_ _1\"></span>e <span class=\"_ _1\"></span>re<span class=\"_ _1\"></span>loca\u00e7\u00e3o <span class=\"_ _1\"></span>celebradas <span class=\"_ _1\"></span>ou<span class=\"_ _1\"></span> ap\u00f3s <span class=\"_ _1\"></span>a <span class=\"_ _1\"></span>data<span class=\"_ _1\"></span> de<span class=\"_ _1\"></span> aplica\u00e7\u00e3o <span class=\"_ _40\"> </span>inicial <span class=\"_ _40\"> </span>da <span class=\"_ _9f\"> </span>IFRS <span class=\"_ _40\"> </span>16. <span class=\"_ _40\"> </span>Isto <span class=\"_ _9f\"> </span>signif<span class=\"_ _1\"></span>ica <span class=\"_ _9f\"> </span>que<span class=\"_ _1\"></span> <span class=\"_ _9f\"> </span>ter<span class=\"_ _1\"></span>\u00e1 <span class=\"_ _9f\"> </span>de <span class=\"_ _40\"> </span>identifica<span class=\"_ _1\"></span>r <span class=\"_ _9f\"> </span>e<span class=\"_ _1\"></span> <span class=\"_ _9f\"> </span>re<span class=\"_ _1\"></span>analisar <span class=\"_ _9f\"> </span>a<span class=\"_ _1\"></span>s transa\u00e7\u00f5es <span class=\"_ _45\"></span>de <span class=\"_ _1\"></span>venda<span class=\"_ _1\"></span> <span class=\"_ _1\"></span>e <span class=\"_ _45\"></span>reloca<span class=\"_ _1\"></span>\u00e7\u00e3o <span class=\"_ _45\"></span>celebradas <span class=\"_ _45\"></span>desde <span class=\"_ _1\"></span>a <span class=\"_ _45\"></span>imple<span class=\"_ _1\"></span>menta\u00e7\u00e3o <span class=\"_ _45\"></span>da <span class=\"_ _45\"></span>IFRS <span class=\"_ _1\"></span>16 <span class=\"_ _45\"></span>em<span class=\"_ _1\"></span> 2019 <span class=\"_ _1\"></span>e,<span class=\"_ _1\"></span> <span class=\"_ _1\"></span>poten<span class=\"_ _1\"></span>cialmente,<span class=\"_ _1\"></span> <span class=\"_ _1\"></span>reexpres<span class=\"_ _1\"></span>sar <span class=\"_ _1\"></span>aque<span class=\"_ _1\"></span>las <span class=\"_ _45\"></span>que <span class=\"_ _45\"></span>inclu\u00edam<span class=\"_ _1\"></span> <span class=\"_ _1\"></span>paga<span class=\"_ _1\"></span>mentos <span class=\"_ _45\"></span>vari\u00e1vei<span class=\"_ _1\"></span>s <span class=\"_ _1\"></span>de loca\u00e7\u00e3o<span class=\"ff16 fs10 fc2\">.</span> Re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>\u00e0s <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> aci<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>ja <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>trad<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>at\u00f3<span class=\"_ _0\"></span>ria <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>gor<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nda <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> oco<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>eu,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>clui<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>todos<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> da s<span class=\"_ _0\"></span>ua apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>tou<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>o\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>ada,<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> n\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>is im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>ja<span class=\"_ _0\"></span>m si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>cati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfChangesInAccountingPoliciesAccountingEstimatesAndErrorsExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-40-3": {
   "value": "1.5.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Nov<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> no<span class=\"_ _3b\"></span>rmas I<span class=\"_ _0\"></span>FRS<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r </span></span>1.5.1. Outras no<span class=\"_ _1\"></span>rmas, altera\u00e7\u00f5<span class=\"_ _1\"></span>es e interpre<span class=\"_ _1\"></span>ta\u00e7\u00f5es adotadas ou<span class=\"_ _1\"></span> a adotar<span class=\"_ _1\"></span> Normas, altera\u00e7\u00f5es e interpreta\u00e7\u00f5es adotad<span class=\"_ _0\"></span>as em 2022<span class=\"_ _1\"></span> Sem<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nstra<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras Data de Altera\u00e7\u00e3o aplica\u00e7\u00e3o Normas e altera\u00e7\u00f5es endossadas pela Uni\u00e3o Euro<span class=\"_ _0\"></span>peia<span class=\"_ _1\"></span> Refer\u00eancias \u00e0 Estrutura Em maio de 2020,<span class=\"_ _1\"></span> o IASB emit<span class=\"_ _1\"></span>iu \u201cRefer\u00eancias \u00e0 Estrutu<span class=\"_ _1\"></span>ra Conceptua<span class=\"_ _1\"></span>l\u201d, alterando a <span class=\"_ _1\"></span>IFRS 1 de janeiro de Conceptual (a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es \u00e0 IFRS 3 Concentra\u00e7\u00e3o de<span class=\"_ _1\"></span> Neg\u00f3cios.<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>3)<span class=\"ls0\"> </span>As altera\u00e7\u00f5es atua<span class=\"_ _1\"></span>lizaram a IFRS 3, sub<span class=\"_ _1\"></span>stituindo a<span class=\"_ _1\"></span> refer\u00eancia a uma vers\u00e3<span class=\"_ _1\"></span>o antiga da Estrutura Conceptua<span class=\"_ _1\"></span>l por uma refe<span class=\"_ _1\"></span>r\u00eancia \u00e0 vers\u00e3o<span class=\"_ _1\"></span> mais recente, que <span class=\"_ _1\"></span>foi emitida em<span class=\"_ _1\"></span> mar\u00e7o de 2018.<span class=\"_ _1\"></span> As altera\u00e7\u00f5es de<span class=\"_ _1\"></span>vem ser aplicadas<span class=\"_ _1\"></span> a concentra\u00e7\u00f5es <span class=\"_ _1\"></span>de neg\u00f3cio<span class=\"_ _1\"></span>s para as qua<span class=\"_ _1\"></span>is a data de<span class=\"_ _1\"></span> aquisi\u00e7\u00e3o \u00e9 no ou ap<span class=\"_ _1\"></span>\u00f3s o in\u00edcio d<span class=\"_ _1\"></span>o primeiro per<span class=\"_ _1\"></span>\u00edodo de relat\u00f3r<span class=\"_ _1\"></span>io anual com <span class=\"_ _1\"></span>in\u00edcio em ou ap\u00f3s 1 de jane<span class=\"_ _1\"></span>iro de 2022.  Ativos fixos tang\u00ed<span class=\"_ _1\"></span>veis - Em maio de 2020,<span class=\"_ _1\"></span> o IASB emit<span class=\"_ _1\"></span>iu \u201cAtivos fixos tang<span class=\"_ _1\"></span>\u00edveis <span class=\"_ _1\"></span><span class=\"ff1\">- Receitas a<span class=\"_ _1\"></span>ntes do Uso </span>1 de janeiro de Receitas antes do u<span class=\"_ _1\"></span>so Pretendido\u201d, que<span class=\"_ _1\"></span> alterou a IAS 16 <span class=\"_ _1\"></span>Ativos fixos tang\u00edve<span class=\"_ _1\"></span>is.<span class=\"_ _1\"></span><span class=\"ff1\"> </span>2022<span class=\"ls0\"> </span>pretendido, a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es \u00e0 IAS As altera\u00e7\u00f5es pr<span class=\"_ _1\"></span>o\u00edbem a dedu\u00e7\u00e3o <span class=\"_ _1\"></span>ao custo de um ite<span class=\"_ _1\"></span>m do<span class=\"_ _1\"></span> ativo fixo tang\u00edve<span class=\"_ _1\"></span>l, de qua<span class=\"_ _1\"></span>lquer 16 Ativos fixos ta<span class=\"_ _1\"></span>ng\u00edveis<span class=\"_ _1\"></span> receita da venda de<span class=\"_ _1\"></span> itens produ<span class=\"_ _1\"></span>zidos ao trazer es<span class=\"_ _1\"></span>se ativo para o loca<span class=\"_ _1\"></span>l e condi\u00e7\u00e3o necess\u00e1rios para<span class=\"_ _1\"></span> que seja capaz de<span class=\"_ _1\"></span> operar da forma preten<span class=\"_ _1\"></span>dida pela ad<span class=\"_ _1\"></span>ministra\u00e7\u00e3o. Em<span class=\"_ _1\"></span> vez disso, a ent<span class=\"_ _1\"></span>idade dever\u00e1 recon<span class=\"_ _1\"></span>hecer em resultados essa<span class=\"_ _1\"></span>s receitas de<span class=\"_ _1\"></span> vendas.<span class=\"_ _1\"></span> As altera\u00e7\u00f5es de<span class=\"_ _1\"></span>vem ser aplicada<span class=\"_ _1\"></span>s para per<span class=\"_ _1\"></span>\u00edodos anuais in<span class=\"_ _1\"></span>iciados em ou a<span class=\"_ _1\"></span>p\u00f3s 1 de janeiro de 2022.<span class=\"_ _1\"></span> Contratos Onerosos<span class=\"_ _1\"></span> - Custo de Em maio de 2020,<span class=\"_ _1\"></span> o IASB emit<span class=\"_ _1\"></span>iu \u201cContratos Onero<span class=\"_ _1\"></span>sos <span class=\"ff1\">- </span>Cu<span class=\"_ _1\"></span>sto de cumpr<span class=\"_ _1\"></span>ir um contrato\u201d, 1 de janeiro de cumprir um contrat<span class=\"_ _1\"></span>o que alterou a IAS 3<span class=\"_ _1\"></span>7 Provis\u00f5es,<span class=\"_ _1\"></span> Passivos Cont<span class=\"_ _1\"></span>ingentes e Ativo<span class=\"_ _1\"></span>s Contingente<span class=\"_ _1\"></span>s. 2022<span class=\"ls0\"> </span>O objetivo das a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es \u00e9 o de esc<span class=\"_ _1\"></span>larecer os requis<span class=\"_ _1\"></span>itos da IAS 37 s<span class=\"_ _1\"></span>obre contratos onerosos no que d<span class=\"_ _1\"></span>iz respeito \u00e0 av<span class=\"_ _1\"></span>alia\u00e7\u00e3o se, num contrat<span class=\"_ _1\"></span>o, os custo<span class=\"_ _1\"></span>s inevit\u00e1veis de<span class=\"_ _1\"></span> cumprir as obri<span class=\"_ _1\"></span>ga\u00e7\u00f5es decorrente<span class=\"_ _1\"></span>s do contr<span class=\"_ _1\"></span>ato excede<span class=\"_ _1\"></span>m os benef\u00edcios econ\u00f3<span class=\"_ _1\"></span>micos que se esperam receber <span class=\"_ _1\"></span>do mesmo. A<span class=\"_ _1\"></span>s altera\u00e7\u00f5es<span class=\"_ _1\"></span> devem ser apli<span class=\"_ _1\"></span>cadas para per\u00edodos<span class=\"_ _1\"></span> anuais iniciados e<span class=\"_ _1\"></span>m ou ap\u00f3s 1 de jane<span class=\"_ _1\"></span>iro de 2022.<span class=\"_ _1\"></span> Data de Altera\u00e7\u00e3o aplica\u00e7\u00e3o Melhoramentos d<span class=\"_ _1\"></span>o ciclo 2018<span class=\"_ _1\"></span>-Em 14 de maio de<span class=\"_ _1\"></span> 2020, o IASB em<span class=\"_ _1\"></span>itiu me<span class=\"_ _1\"></span>lhoramentos \u00e0s nor<span class=\"_ _1\"></span>mas IFRS 2018<span class=\"_ _1\"></span><span class=\"ff9\">\u2013</span>2020 1 de janeiro de 2020<span class=\"ls0\"> </span>contendo as segu<span class=\"_ _1\"></span>intes altera\u00e7\u00f5es <span class=\"_ _1\"></span>\u00e0s IFRSs:<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>(a) permitir que u<span class=\"_ _1\"></span>ma entidade, en<span class=\"_ _1\"></span>quanto subsid<span class=\"_ _1\"></span>i\u00e1ria, associada<span class=\"_ _1\"></span> ou joint venture, <span class=\"_ _1\"></span>que adota as IFRS pela<span class=\"_ _1\"></span> primeira vez<span class=\"_ _1\"></span> depois da sua contr<span class=\"_ _1\"></span>oladora e opta<span class=\"_ _1\"></span> por aplicar o par\u00e1grafo D16 (a<span class=\"_ _1\"></span>) da IFRS 1 Ado\u00e7<span class=\"_ _1\"></span>\u00e3o pela Prime<span class=\"_ _1\"></span>ira Vez das Norma<span class=\"_ _1\"></span>s Internacionai<span class=\"_ _1\"></span>s de Relat\u00f3rio Finance<span class=\"_ _1\"></span>iro, possa mensu<span class=\"_ _1\"></span>rar as diferen\u00e7as<span class=\"_ _1\"></span> de convers\u00e3o cu<span class=\"_ _1\"></span>mulativas usando<span class=\"_ _1\"></span> os valores relatados pe<span class=\"_ _1\"></span>la contro<span class=\"_ _1\"></span>ladora, com base na respe<span class=\"_ _1\"></span>tiva data de tr<span class=\"_ _1\"></span>ansi\u00e7\u00e3o para as IFRS; (b) esclarecer que a<span class=\"_ _1\"></span> refer\u00eancia \u00e0s ta<span class=\"_ _1\"></span>xas no teste de 10 p<span class=\"_ _1\"></span>or cento inclui apen<span class=\"_ _1\"></span>as taxas pagas ou receb<span class=\"_ _1\"></span>idas entre o mutu\u00e1r<span class=\"_ _1\"></span>io e o credor, inc<span class=\"_ _1\"></span>luindo taxas pag<span class=\"_ _1\"></span>as ou recebidas pel<span class=\"_ _1\"></span>o mutu\u00e1rio ou pelo <span class=\"_ _1\"></span>credor em no<span class=\"_ _1\"></span>me do outro (IFRS 9);<span class=\"_ _1\"></span> (c) remover a confus\u00e3<span class=\"_ _1\"></span>o potencia<span class=\"_ _1\"></span>l em re<span class=\"_ _1\"></span>la\u00e7\u00e3o ao tratamento <span class=\"_ _1\"></span>de incentivos de <span class=\"_ _1\"></span>loca\u00e7\u00e3o aplicando a IFRS<span class=\"_ _1\"></span> 16 Loca\u00e7\u00f5es, con<span class=\"_ _1\"></span>forme ilustrado n<span class=\"_ _1\"></span>o Exemplo I<span class=\"_ _1\"></span>lustrativo 13 que acompanha a IF<span class=\"_ _1\"></span>RS 16; e (d) remover o requ<span class=\"_ _1\"></span>isito do par\u00e1grafo 22 d<span class=\"_ _1\"></span>a IAS 41 Agr<span class=\"_ _1\"></span>icultura para que<span class=\"_ _1\"></span> as entidades excluam fluxos <span class=\"_ _1\"></span>de caixa para tr<span class=\"_ _1\"></span>ibuta\u00e7\u00e3o ao mensurar<span class=\"_ _1\"></span> o justo val<span class=\"_ _1\"></span>or aplicando a IAS 4<span class=\"_ _1\"></span>1.<span class=\"_ _1\"></span> As altera\u00e7\u00f5es ser\u00e3o<span class=\"_ _1\"></span> aplicadas para<span class=\"_ _1\"></span> per\u00edodos anuais que<span class=\"_ _1\"></span> iniciem e<span class=\"_ _1\"></span>m ou ap\u00f3s 1 de jane<span class=\"_ _1\"></span>iro de 2022. Normas, altera\u00e7\u00f5es e interpreta\u00e7\u00f5es a adotar<span class=\"_ _0\"></span> em per\u00edodos posteriores<span class=\"_ _1\"></span> Data de Altera\u00e7\u00e3o aplica\u00e7\u00e3o Normas e altera\u00e7\u00f5es endossadas pela Uni\u00e3o Euro<span class=\"_ _0\"></span>peia que o Grupo optou pela n\u00e3o aplica\u00e7\u00e3o antecipada Divulga\u00e7\u00e3o de p<span class=\"_ _1\"></span>ol\u00edticas Na sequ\u00eancia de feed<span class=\"_ _1\"></span>back obtido sobre<span class=\"_ _1\"></span> a necessidade de<span class=\"_ _1\"></span> existir ma<span class=\"_ _1\"></span>is orienta\u00e7\u00e3o que 1 de janeiro de 2023<span class=\"_ _1\"></span> contabil\u00edst<span class=\"_ _1\"></span>icas (altera\u00e7\u00f5es \u00e0 ajude as empresas a<span class=\"_ _1\"></span> decidir sobre<span class=\"_ _1\"></span> que informa\u00e7\u00e3o d<span class=\"_ _1\"></span>ivulgar relat<span class=\"_ _1\"></span>ivamente \u00e0s pol<span class=\"_ _1\"></span>\u00edticas IAS 1 <span class=\"ff9\">\u2013</span> Apresenta\u00e7\u00e3<span class=\"_ _1\"></span>o das contabil\u00edst<span class=\"_ _1\"></span>icas, o IASB emitiu, em<span class=\"_ _1\"></span> 12 de fevereiro <span class=\"_ _1\"></span>de 2021, altera\u00e7<span class=\"_ _1\"></span>\u00f5es \u00e0 IA<span class=\"_ _1\"></span>S 1 <span class=\"ff9\">\u2013</span> demonstra\u00e7\u00f5es finan<span class=\"_ _1\"></span>ceiras e Apresenta\u00e7\u00e3o das<span class=\"_ _1\"></span> demonstra\u00e7\u00f5es <span class=\"_ _1\"></span>financeiras e \u00e0 <span class=\"_ _1\"></span>IFRS Practice State<span class=\"_ _1\"></span>ment 2 <span class=\"_ _1\"></span><span class=\"ff9\">\u2013</span> Fazend<span class=\"_ _1\"></span>o IFRS Practice State<span class=\"_ _1\"></span>ment 2) julgamentos de<span class=\"_ _1\"></span> materialidade. <span class=\"_ _1\"></span> As principais a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es \u00e0 IAS 1 <span class=\"_ _1\"></span>incluem: i) ex<span class=\"_ _1\"></span>igir que as ent<span class=\"_ _1\"></span>idades divulgue<span class=\"_ _1\"></span>m informa\u00e7\u00e3o re<span class=\"_ _1\"></span>lativa a pol\u00edticas <span class=\"_ _1\"></span>contabil\u00edst<span class=\"_ _1\"></span>icas materiais<span class=\"_ _1\"></span> em vez de<span class=\"_ _1\"></span> pol\u00edticas contabil\u00edst<span class=\"_ _1\"></span>icas significativas, <span class=\"_ _1\"></span>ii) esclarecer que a<span class=\"_ _1\"></span>s pol\u00edticas contab<span class=\"_ _1\"></span>il\u00edsticas re<span class=\"_ _1\"></span>lacionadas com transa\u00e7\u00f5es <span class=\"_ _1\"></span>imateriais s\u00e3o <span class=\"_ _1\"></span>igualmente imater<span class=\"_ _1\"></span>iais e como ta<span class=\"_ _1\"></span>l n\u00e3o precisam de<span class=\"_ _1\"></span> ser divulgadas e <span class=\"_ _1\"></span>iii) esclarecer que ne<span class=\"_ _1\"></span>m todas as p<span class=\"_ _1\"></span>ol\u00edticas con<span class=\"_ _1\"></span>tabil<span class=\"_ _1\"></span>\u00edsticas relacionada<span class=\"_ _1\"></span>s com transa\u00e7\u00f5es mater<span class=\"_ _1\"></span>iais s\u00e3o, elas me<span class=\"_ _1\"></span>smas, mater<span class=\"_ _1\"></span>iais para as demonstr<span class=\"_ _1\"></span>a\u00e7\u00f5es finance<span class=\"_ _1\"></span>iras de uma entidade.<span class=\"_ _1\"></span>  O IASB tamb\u00e9m a<span class=\"_ _1\"></span>lterou a IFRS Pr<span class=\"_ _1\"></span>actice Statement<span class=\"_ _1\"></span> 2 para inclu<span class=\"_ _1\"></span>ir orienta\u00e7\u00f5es e do<span class=\"_ _1\"></span>is exemplos adici<span class=\"_ _1\"></span>onais na aplica\u00e7\u00e3<span class=\"_ _1\"></span>o de materialidade<span class=\"_ _1\"></span> \u00e0s divulga\u00e7\u00f5es<span class=\"_ _1\"></span> de pol\u00edticas contabil\u00edst<span class=\"_ _1\"></span>icas. Estas altera\u00e7\u00f5es <span class=\"_ _1\"></span>s\u00e3o consistentes<span class=\"_ _1\"></span> com a defini\u00e7\u00e3<span class=\"_ _1\"></span>o revista de mater<span class=\"_ _1\"></span>ial: <span class=\"_ _1\"></span> \u201cA info<span class=\"ff1\">rma\u00e7\u00e3o re<span class=\"_ _1\"></span>lativa a pol\u00edt<span class=\"_ _1\"></span>icas contabi<span class=\"_ _1\"></span>l\u00edsticas \u00e9 materia<span class=\"_ _1\"></span>l se, quando cons<span class=\"_ _1\"></span>iderada em </span>conjunto com outras<span class=\"_ _1\"></span> informa\u00e7\u00f5es <span class=\"_ _1\"></span>inclu\u00eddas nas de<span class=\"_ _1\"></span>monstra\u00e7\u00f5es f<span class=\"_ _1\"></span>inanceiras de uma entidade, \u00e9 razoa<span class=\"_ _1\"></span>velmente esperado que<span class=\"_ _1\"></span> influencie as de<span class=\"_ _1\"></span>cis\u00f5es que os pr<span class=\"_ _1\"></span>incipais utilizadores das<span class=\"_ _1\"></span> demonstra\u00e7\u00f5e<span class=\"_ _1\"></span>s financeiras<span class=\"_ _1\"></span> de uma forma gera<span class=\"_ _1\"></span>l tomem com base nessas demonstra\u00e7<span class=\"_ _1\"></span>\u00f5es financeiras.\u201d<span class=\"_ _1\"></span><span class=\"ff1\"> </span>As altera\u00e7\u00f5es entram<span class=\"_ _1\"></span> em vigor a par<span class=\"_ _1\"></span>tir de 1 de janeiro de 2<span class=\"_ _1\"></span>023, mas<span class=\"_ _1\"></span> a sua aplica\u00e7\u00e3o antecipada \u00e9 perm<span class=\"_ _1\"></span>itida. Data de Altera\u00e7\u00e3o aplica\u00e7\u00e3o Altera\u00e7\u00f5es \u00e0 IAS 8<span class=\"_ _1\"></span> Pol\u00edticas O IASB emit<span class=\"_ _1\"></span>iu altera\u00e7\u00f5es \u00e0 IAS 8 <span class=\"_ _1\"></span>Pol\u00edticas Contab<span class=\"_ _1\"></span>il\u00edsticas, Altera\u00e7<span class=\"_ _1\"></span>\u00f5es nas Estimat<span class=\"_ _1\"></span>ivas 1 de janeiro de 20<span class=\"_ _1\"></span>23 Contabil\u00edstica<span class=\"_ _1\"></span>s, Altera\u00e7\u00f5es Contabil\u00edstica<span class=\"_ _1\"></span>s e Erros para c<span class=\"_ _1\"></span>larificar como as<span class=\"_ _1\"></span> entidades de<span class=\"_ _1\"></span>vem<span class=\"_ _1\"></span> distinguir as nas Estimativas altera\u00e7\u00f5es nas po<span class=\"_ _1\"></span>l\u00edticas contabi<span class=\"_ _1\"></span>l\u00edsticas das<span class=\"_ _1\"></span> altera\u00e7\u00f5es nas est<span class=\"_ _1\"></span>imativas conta<span class=\"_ _1\"></span>bil\u00edsticas,<span class=\"_ _1\"></span> Contabil\u00edstica<span class=\"_ _1\"></span>s e Erros: com foco princ<span class=\"_ _1\"></span>ipal na defini\u00e7\u00e3o e e<span class=\"_ _1\"></span>sclarecimentos<span class=\"_ _1\"></span> sobre as estimat<span class=\"_ _1\"></span>ivas contabil\u00edsti<span class=\"_ _1\"></span>cas.<span class=\"_ _1\"></span> Defini\u00e7\u00e3o de Esti<span class=\"_ _1\"></span>mativas As altera\u00e7\u00f5es intro<span class=\"_ _1\"></span>duzem uma n<span class=\"_ _1\"></span>ova defini\u00e7\u00e3o para est<span class=\"_ _1\"></span>imativas <span class=\"_ _1\"></span>contabil\u00ed<span class=\"_ _1\"></span>sticas: Contabil\u00edstica<span class=\"_ _1\"></span>s clarificando que<span class=\"_ _1\"></span> s\u00e3o valores monet<span class=\"_ _1\"></span>\u00e1rios nas de<span class=\"_ _1\"></span>monstra\u00e7\u00f5es f<span class=\"_ _1\"></span>inanceiras que est\u00e3o<span class=\"_ _1\"></span> sujeitos \u00e0 incerteza<span class=\"_ _1\"></span> de mensura\u00e7\u00e3<span class=\"_ _1\"></span>o.<span class=\"_ _1\"></span> As altera\u00e7\u00f5es ta<span class=\"_ _1\"></span>mb\u00e9m clarificam<span class=\"_ _1\"></span> a rela\u00e7\u00e3o entr<span class=\"_ _1\"></span>e as pol\u00edticas contab<span class=\"_ _1\"></span>il\u00edsticas<span class=\"_ _1\"></span> e as estimativas contab<span class=\"_ _1\"></span>il\u00edsticas, espec<span class=\"_ _1\"></span>ificand<span class=\"_ _1\"></span>o que uma ent<span class=\"_ _1\"></span>idade desen<span class=\"_ _1\"></span>volve uma estimativa contab<span class=\"_ _1\"></span>il\u00edstica para at<span class=\"_ _1\"></span>ingir o objetivo<span class=\"_ _1\"></span> estabelecido por<span class=\"_ _1\"></span> uma pol\u00edtica contabil\u00edst<span class=\"_ _1\"></span>ica. Os efeitos das a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es em ta<span class=\"_ _1\"></span>is dados ou t\u00e9cn<span class=\"_ _1\"></span>icas de mensura\u00e7\u00e3<span class=\"_ _1\"></span>o s\u00e3o altera\u00e7\u00f5es nas est<span class=\"_ _1\"></span>imativas conta<span class=\"_ _1\"></span>bil\u00edsticas.<span class=\"_ _1\"></span> As altera\u00e7\u00f5es s\u00e3<span class=\"_ _1\"></span>o efetivas para<span class=\"_ _1\"></span> per\u00edodos co<span class=\"_ _1\"></span>m in\u00edcio e<span class=\"_ _1\"></span>m ou ap\u00f3s 1 de<span class=\"_ _1\"></span> janeiro de 2023,<span class=\"_ _1\"></span> com aplica\u00e7\u00e3o antec<span class=\"_ _1\"></span>ipada permit<span class=\"_ _1\"></span>ida, e ser\u00e3o ap<span class=\"_ _1\"></span>licadas prospect<span class=\"_ _1\"></span>ivamente<span class=\"_ _1\"></span> \u00e0s altera\u00e7\u00f5es nas est<span class=\"_ _1\"></span>imativas conta<span class=\"_ _1\"></span>bil\u00edsticas e a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es nas po<span class=\"_ _1\"></span>l\u00edticas conta<span class=\"_ _1\"></span>bil\u00edsticas ocorridas no ou ap<span class=\"_ _1\"></span>\u00f3s o in<span class=\"_ _1\"></span>\u00edcio do primeiro per\u00ed<span class=\"_ _1\"></span>odo de relat\u00f3r<span class=\"_ _1\"></span>io anual ao qual a ent<span class=\"_ _1\"></span>idade aplica as altera\u00e7<span class=\"_ _1\"></span>\u00f5es. Altera\u00e7\u00f5es \u00e0 IAS 1<span class=\"_ _1\"></span>2: O IASB emit<span class=\"_ _1\"></span>iu altera\u00e7\u00f5es \u00e0 IAS 12<span class=\"_ _1\"></span> - 'Impo<span class=\"_ _1\"></span>stos sobre o Rend<span class=\"_ _1\"></span>imento', em 7 de <span class=\"_ _1\"></span>maio de 1 de janeiro de 20<span class=\"_ _1\"></span>23 imposto diferido<span class=\"_ _1\"></span> relacionado 2021.<span class=\"ls0\"> </span>com ativos e pass<span class=\"_ _1\"></span>ivos As altera\u00e7\u00f5es exi<span class=\"_ _1\"></span>gem que as empr<span class=\"_ _1\"></span>esas reconhe\u00e7am<span class=\"_ _1\"></span> impostos difer<span class=\"_ _1\"></span>idos sobre as decorrentes de uma<span class=\"_ _1\"></span> \u00fanica transa\u00e7\u00f5es que, no rec<span class=\"_ _1\"></span>onhecimento <span class=\"_ _1\"></span>inicial, d\u00e3o or<span class=\"_ _1\"></span>igem a montantes <span class=\"_ _1\"></span>iguais de transa\u00e7\u00e3o diferen\u00e7as tempor\u00e1r<span class=\"_ _1\"></span>ias tribut\u00e1ve<span class=\"_ _1\"></span>is e dedut<span class=\"_ _1\"></span>\u00edveis.  Em determinadas<span class=\"_ _1\"></span> circunst\u00e2ncia<span class=\"_ _1\"></span>s, as empresas est\u00e3o<span class=\"_ _1\"></span> isentas de reco<span class=\"_ _1\"></span>nhecer impostos diferidos quando<span class=\"_ _1\"></span> reconhecem ati<span class=\"_ _1\"></span>vos ou passivos <span class=\"_ _1\"></span>pela prime<span class=\"_ _1\"></span>ira vez. Anter<span class=\"_ _1\"></span>iormente, havia alguma<span class=\"_ _1\"></span> incerteza sobre se a<span class=\"_ _1\"></span> isen\u00e7\u00e3o se<span class=\"_ _1\"></span> aplicava a transa<span class=\"_ _1\"></span>\u00e7\u00f5es como loca<span class=\"_ _1\"></span>\u00e7\u00f5es e provis\u00f5es para de<span class=\"_ _1\"></span>smantelamento,<span class=\"_ _1\"></span> isto \u00e9, transa\u00e7\u00f5e<span class=\"_ _1\"></span>s no \u00e2mbito das<span class=\"_ _1\"></span> quais as empre<span class=\"_ _1\"></span>sas reconhecem um at<span class=\"_ _1\"></span>ivo e um pass<span class=\"_ _1\"></span>ivo. As altera\u00e7\u00f5es esc<span class=\"_ _1\"></span>larecem que a <span class=\"_ _1\"></span>isen\u00e7\u00e3o n\u00e3o se aplica a este tipo<span class=\"_ _1\"></span> de transa\u00e7\u00f5es e <span class=\"_ _1\"></span>que as empresas <span class=\"_ _1\"></span>s\u00e3o obrigadas a<span class=\"_ _1\"></span> reconhecer impostos d<span class=\"_ _1\"></span>iferidos. O objet<span class=\"_ _1\"></span>ivo das altera\u00e7\u00f5es \u00e9 redu<span class=\"_ _1\"></span>zir a divers<span class=\"_ _1\"></span>idade na divulga\u00e7\u00e3o<span class=\"_ _1\"></span> de impostos d<span class=\"_ _1\"></span>iferidos sobre loca\u00e7\u00f5es<span class=\"_ _1\"></span> e provis\u00f5es para<span class=\"_ _1\"></span> desmantelament<span class=\"_ _1\"></span>o.<span class=\"_ _1\"></span> As altera\u00e7\u00f5es entram<span class=\"_ _1\"></span> em vigor par<span class=\"_ _1\"></span>a os per\u00edodos anua<span class=\"_ _1\"></span>is com in\u00edci<span class=\"_ _1\"></span>o em ou ap\u00f3s 1 de<span class=\"_ _1\"></span> janeiro de 2023<span class=\"ls25\">. </span>A<span class=\"_ _1\"></span> aplica\u00e7\u00e3o<span class=\"_ _1\"></span> antecipada \u00e9 perm<span class=\"_ _1\"></span>itida.<span class=\"_ _1\"></span> IF<span class=\"ls0\">RS 17 <span class=\"ff9\">\u2013</span> Contrat<span class=\"_ _1\"></span>os de </span>O IASB emit<span class=\"_ _1\"></span>iu em 18 de maio de<span class=\"_ _1\"></span> 2017 uma norma<span class=\"_ _1\"></span> que veio subst<span class=\"_ _1\"></span>ituir a IFRS 4 e 1 de janeiro de 20<span class=\"_ _1\"></span>23 Seguros reformar por comp<span class=\"_ _1\"></span>leto o tratamen<span class=\"_ _1\"></span>to a dar aos contrat<span class=\"_ _1\"></span>os de seguro.<span class=\"_ _1\"></span> A norma introdu<span class=\"_ _1\"></span>z altera\u00e7\u00f5es sign<span class=\"_ _1\"></span>ificativas \u00e0 forma<span class=\"_ _1\"></span> como \u00e9 mensurad<span class=\"_ _1\"></span>o e apresentada<span class=\"_ _1\"></span> a performance<span class=\"_ _1\"></span> dos contratos de seguro<span class=\"_ _1\"></span> com diversos <span class=\"_ _1\"></span>impactos tamb\u00e9m ao<span class=\"_ _1\"></span> n\u00edvel da po<span class=\"_ _1\"></span>si\u00e7\u00e3o finance<span class=\"_ _1\"></span>ira. A norma prev\u00ea a sua<span class=\"_ _1\"></span> aplica\u00e7\u00e3o para<span class=\"_ _1\"></span> os exerc\u00edcios que<span class=\"_ _1\"></span> se iniciem em<span class=\"_ _1\"></span> ou ap\u00f3s 1 de janeiro de 2023.<span class=\"_ _1\"></span> Altera\u00e7\u00f5es \u00e0 IFRS<span class=\"_ _1\"></span> 17 <span class=\"ff9\">\u2013</span> O IASB emit<span class=\"_ _1\"></span>iu uma altera\u00e7\u00e3o a<span class=\"_ _1\"></span>o \u00e2mbito dos requ<span class=\"_ _1\"></span>isitos de transi<span class=\"_ _1\"></span>\u00e7\u00e3o da IFRS 17 <span class=\"_ _1\"></span><span class=\"ff9\">\u2013</span> 1 de janeiro de 20<span class=\"_ _1\"></span>23 Contratos de Seguros<span class=\"_ _1\"></span>: Contratos de Seguro,<span class=\"_ _1\"></span> proporciona<span class=\"_ _1\"></span>ndo \u00e0s seguradora<span class=\"_ _1\"></span>s uma op\u00e7\u00e3o co<span class=\"_ _1\"></span>m o objetivo <span class=\"_ _1\"></span>de aplica\u00e7\u00e3o inic<span class=\"_ _1\"></span>ial da IFRS 17 melhorar a ut<span class=\"_ _1\"></span>ilidade das informa<span class=\"_ _1\"></span>\u00e7\u00f5es para os <span class=\"_ _1\"></span>Investidores<span class=\"_ _1\"></span> na aplica<span class=\"_ _1\"></span>\u00e7\u00e3o inicial da no<span class=\"_ _1\"></span>va e IFRS 9 <span class=\"ff9\">\u2013</span> Infor<span class=\"_ _1\"></span>ma\u00e7\u00e3o norma. comparativa A IFRS 17, inc<span class=\"_ _1\"></span>luindo esta altera<span class=\"_ _1\"></span>\u00e7\u00e3o, \u00e9 efetiva para <span class=\"_ _1\"></span>os per\u00edodos de re<span class=\"_ _1\"></span>lato anua<span class=\"_ _1\"></span>is com in\u00edcio em ou ap\u00f3s<span class=\"_ _1\"></span> 1 de janeiro de <span class=\"_ _1\"></span>2023.<span class=\"_ _1\"></span> Normas e altera\u00e7\u00f5es ainda n\u00e3o endossadas pela Uni\u00e3o Europeia<span class=\"fc15\"> </span>Clarifica\u00e7\u00e3o <span class=\"_ _1\"></span> O IASB emit<span class=\"_ _1\"></span>iu, em 23 de janeiro <span class=\"_ _1\"></span>de 2020, uma<span class=\"_ _1\"></span> altera\u00e7\u00e3o<span class=\"_ _1\"></span> \u00e0 IAS 1 Apr<span class=\"_ _1\"></span>esenta\u00e7\u00e3o das 1 de janeiro de 2024<span class=\"_ _1\"></span> dos requisitos <span class=\"_ _1\"></span> Demonstra\u00e7\u00f5es F<span class=\"_ _1\"></span>inanceiras para c<span class=\"_ _1\"></span>larificar como cla<span class=\"_ _1\"></span>ssificar d\u00edvida e <span class=\"_ _1\"></span>outros passivo<span class=\"_ _1\"></span>s de classifica\u00e7\u00e3o de<span class=\"_ _1\"></span> passivos como corrente e n\u00e3<span class=\"_ _1\"></span>o corrente.<span class=\"_ _1\"></span> como corrente ou n\u00e3o<span class=\"_ _1\"></span> As altera\u00e7\u00f5es esclar<span class=\"_ _1\"></span>ecem um crit\u00e9<span class=\"_ _1\"></span>rio da IAS 1 para c<span class=\"_ _1\"></span>lassificar um<span class=\"_ _1\"></span> passivo como n\u00e3o<span class=\"_ _1\"></span> corrente (altera\u00e7<span class=\"_ _1\"></span>\u00f5es \u00e0 IAS 1 corrente: a exig\u00eanc<span class=\"_ _1\"></span>ia de uma<span class=\"_ _1\"></span> entidade ter o dire<span class=\"_ _1\"></span>ito de diferir<span class=\"_ _1\"></span> a liquida\u00e7\u00e3o do pa<span class=\"_ _1\"></span>ssivo \u2013<span class=\"ff1\"> Apresenta\u00e7\u00e3o da<span class=\"_ _1\"></span>s </span>por pelo menos 12<span class=\"_ _1\"></span> meses ap\u00f3s o <span class=\"_ _1\"></span>per\u00edodo de relat\u00f3r<span class=\"_ _1\"></span>io.<span class=\"_ _1\"></span> Demonstra\u00e7\u00f5es F<span class=\"_ _1\"></span>inanceiras)<span class=\"_ _1\"></span> As altera\u00e7\u00f5es visa<span class=\"_ _1\"></span>m: a.<span class=\"ls0\"> <span class=\"_ _9d\"> </span>especificar que<span class=\"_ _1\"></span> o direito de uma e<span class=\"_ _1\"></span>ntidade de d<span class=\"_ _1\"></span>iferir a liquida\u00e7\u00e3<span class=\"_ _1\"></span>o deve </span>existir no final d<span class=\"_ _1\"></span>o per\u00edodo de re<span class=\"_ _1\"></span>lat\u00f3rio;<span class=\"_ _1\"></span> b.<span class=\"ls0\"> <span class=\"_ _9d\"> </span>esclarecer que a class<span class=\"_ _1\"></span>ifica\u00e7\u00e3o n\u00e3o \u00e9 afetada <span class=\"_ _1\"></span>pelas inten\u00e7\u00f5es<span class=\"_ _1\"></span> ou </span>expectativas da a<span class=\"_ _1\"></span>dministra\u00e7\u00e3o s<span class=\"_ _1\"></span>obre se a entidade exerce<span class=\"_ _1\"></span>r\u00e1 seu dire<span class=\"_ _1\"></span>ito de adiar a liquida\u00e7\u00e3o;<span class=\"_ _1\"></span> c.<span class=\"ls0\"> <span class=\"_ _59\"> </span>esclarecer como as cond<span class=\"_ _1\"></span>i\u00e7\u00f5es de empr\u00e9st<span class=\"_ _1\"></span>imo afetam a c<span class=\"_ _1\"></span>lassifica\u00e7\u00e3o; e<span class=\"_ _1\"></span> </span>d.<span class=\"ls0\"> <span class=\"_ _9d\"> </span>esclarecer os requisito<span class=\"_ _1\"></span>s para class<span class=\"_ _1\"></span>ificar pass<span class=\"_ _1\"></span>ivos que uma ent<span class=\"_ _1\"></span>idade ir\u00e1 </span>liquidar, ou pos<span class=\"_ _1\"></span>sa liquidar, atrav\u00e9s<span class=\"_ _1\"></span> da emiss\u00e3o do<span class=\"_ _1\"></span>s seus pr\u00f3prios in<span class=\"_ _1\"></span>strumentos<span class=\"_ _1\"></span> Data de Altera\u00e7\u00e3o aplica\u00e7\u00e3o patrimoniais.<span class=\"_ _1\"></span> Esta altera\u00e7\u00e3o \u00e9 efet<span class=\"_ _1\"></span>iva para per\u00edodos<span class=\"_ _1\"></span> ap\u00f3s 1 de janeir<span class=\"_ _1\"></span>o de 2024.<span class=\"_ _1\"></span> Passivo de loca\u00e7\u00e3<span class=\"_ _1\"></span>o numa O <span class=\"_ _0\"></span>IASB emitiu em s<span class=\"_ _0\"></span>etembro de 2022 <span class=\"_ _0\"></span>altera\u00e7\u00f5es \u00e0 IFRS <span class=\"_ _0\"></span>16 <span class=\"ff9\">\u2013</span> Loca\u00e7\u00f5es que <span class=\"_ _0\"></span>introduze<span class=\"_ _1\"></span>m 1 de janeiro de 2024<span class=\"_ _1\"></span> transa\u00e7\u00e3o de venda e<span class=\"_ _1\"></span> um <span class=\"_ _1\"></span>novo <span class=\"_ _1\"></span>modelo <span class=\"_ _1\"></span>contab<span class=\"_ _1\"></span>il\u00edstico <span class=\"_ _1\"></span>par<span class=\"_ _1\"></span>a <span class=\"_ _1\"></span>pagamentos<span class=\"_ _1\"></span> var<span class=\"_ _1\"></span>i\u00e1veis <span class=\"_ _1\"></span>numa <span class=\"_ _1\"></span>tra<span class=\"_ _1\"></span>nsa\u00e7\u00e3o <span class=\"_ _1\"></span>de <span class=\"_ _1\"></span>venda reloca\u00e7\u00e3o (altera\u00e7<span class=\"_ _1\"></span>\u00f5es \u00e0 IFRS e reloca\u00e7\u00e3o. A<span class=\"_ _1\"></span>s altera\u00e7\u00f5es con<span class=\"_ _1\"></span>firmam que:<span class=\"_ _1\"></span> 16 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> Loca\u00e7\u00f5es) </span></span>- <span class=\"_ _9e\"> </span><span class=\"ff1\">No reconhecimento <span class=\"_ _1\"></span>inicial, o vendedor <span class=\"_ _1\"></span>- locat\u00e1r<span class=\"_ _1\"></span>io inclui os pagamentos vari<span class=\"_ _1\"></span>\u00e1veis </span>de <span class=\"_ _0\"></span>loca\u00e7\u00e3o quando m<span class=\"_ _0\"></span>ensura um <span class=\"_ _0\"></span>passivo de <span class=\"_ _0\"></span>loca\u00e7\u00e3o <span class=\"_ _0\"></span>decorrente de <span class=\"_ _0\"></span>uma transa\u00e7\u00e3o de venda e re<span class=\"_ _1\"></span>loca\u00e7\u00e3o; - <span class=\"_ _9e\"> </span><span class=\"ff1\">Ap\u00f3s <span class=\"_ _1\"></span>o rec<span class=\"_ _1\"></span>onhecimento <span class=\"_ _1\"></span>in<span class=\"_ _1\"></span>icial, o<span class=\"_ _1\"></span> v<span class=\"_ _1\"></span>endedor <span class=\"_ _1\"></span>- <span class=\"_ _45\"></span>locat\u00e1rio a<span class=\"_ _1\"></span>plica <span class=\"_ _1\"></span>os <span class=\"_ _1\"></span>requ<span class=\"_ _1\"></span>isitos <span class=\"_ _1\"></span>gerais </span>para <span class=\"_ _9f\"> </span>a <span class=\"_ _9f\"> </span>contab<span class=\"_ _1\"></span>iliza\u00e7\u00e3o <span class=\"_ _9f\"> </span>su<span class=\"_ _1\"></span>bsequent<span class=\"_ _1\"></span>e <span class=\"_ _9f\"> </span>do <span class=\"_ _9f\"> </span>pass<span class=\"_ _1\"></span>ivo <span class=\"_ _9f\"> </span>de <span class=\"_ _40\"> </span>lo<span class=\"_ _0\"></span>ca\u00e7\u00e3o, <span class=\"_ _40\"> </span>de <span class=\"_ _9f\"> </span>modo <span class=\"_ _9f\"> </span>que<span class=\"_ _1\"></span> <span class=\"_ _9f\"> </span>n\u00e3o reconhe\u00e7a nenhum<span class=\"_ _1\"></span> ganho ou perda re<span class=\"_ _1\"></span>lacionado com o dire<span class=\"_ _1\"></span>ito de uso que ret\u00e9<span class=\"_ _1\"></span>m.<span class=\"_ _1\"></span> Um vendedor <span class=\"_ _1\"></span>- <span class=\"_ _1\"></span>locat\u00e1rio <span class=\"_ _1\"></span>pode a<span class=\"_ _1\"></span>dotar d<span class=\"_ _1\"></span>iferentes aborda<span class=\"_ _1\"></span>gens que <span class=\"_ _1\"></span>satisfa\u00e7am<span class=\"_ _1\"></span> os no<span class=\"_ _1\"></span>vos requisitos de mensur<span class=\"_ _1\"></span>a\u00e7\u00e3o subseque<span class=\"_ _1\"></span>nte.<span class=\"_ _1\"></span> As altera\u00e7<span class=\"_ _1\"></span>\u00f5es s\u00e3o <span class=\"_ _1\"></span>efetivas<span class=\"_ _1\"></span> para <span class=\"_ _1\"></span>per\u00edodos <span class=\"_ _1\"></span>anuais <span class=\"_ _1\"></span>iniciados<span class=\"_ _1\"></span> em ou<span class=\"_ _1\"></span> a<span class=\"_ _1\"></span>p\u00f3s 1 <span class=\"_ _1\"></span>de jane<span class=\"_ _1\"></span>iro de<span class=\"_ _1\"></span> 2024, com ap<span class=\"_ _1\"></span>lica\u00e7\u00e3o antecipada<span class=\"_ _1\"></span> permitida.<span class=\"_ _1\"></span> De <span class=\"_ _9b\"> </span>acordo <span class=\"_ _a0\"> </span>com <span class=\"_ _9b\"> </span>a <span class=\"_ _a0\"> </span>IAS <span class=\"_ _9b\"> </span>8 <span class=\"_ _a0\"> </span>- <span class=\"_ _9b\"> </span>P<span class=\"_ _1\"></span>ol\u00edticas <span class=\"_ _9b\"> </span>C<span class=\"_ _1\"></span>ontabil\u00edst<span class=\"_ _1\"></span>icas, <span class=\"_ _9b\"> </span>Altera\u00e7<span class=\"_ _1\"></span>\u00f5es <span class=\"_ _9b\"> </span>nas <span class=\"_ _a0\"> </span>Estimat<span class=\"_ _1\"></span>ivas Contabil\u00edstica<span class=\"_ _1\"></span>s <span class=\"_ _9b\"> </span>e <span class=\"_ _a0\"> </span>Erros, <span class=\"_ _9b\"> </span>u<span class=\"_ _1\"></span>m <span class=\"_ _9b\"> </span>ven<span class=\"_ _1\"></span>dedor <span class=\"_ _a0\"> </span>- <span class=\"_ _9b\"> </span>locat\u00e1r<span class=\"_ _1\"></span>io <span class=\"_ _9b\"> </span>ter\u00e1 <span class=\"_ _a0\"> </span>de <span class=\"_ _a0\"> </span>aplicar <span class=\"_ _a0\"> </span>as <span class=\"_ _9b\"> </span>a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es retrospetivamente<span class=\"_ _1\"></span> \u00e0s<span class=\"_ _1\"></span> tran<span class=\"_ _1\"></span>sa\u00e7\u00f5es <span class=\"_ _1\"></span>de <span class=\"_ _1\"></span>venda <span class=\"_ _1\"></span>e <span class=\"_ _1\"></span>re<span class=\"_ _1\"></span>loca\u00e7\u00e3o <span class=\"_ _1\"></span>celebradas <span class=\"_ _1\"></span>ou<span class=\"_ _1\"></span> ap\u00f3s <span class=\"_ _1\"></span>a <span class=\"_ _1\"></span>data<span class=\"_ _1\"></span> de<span class=\"_ _1\"></span> aplica\u00e7\u00e3o <span class=\"_ _40\"> </span>inicial <span class=\"_ _40\"> </span>da <span class=\"_ _9f\"> </span>IFRS <span class=\"_ _40\"> </span>16. <span class=\"_ _40\"> </span>Isto <span class=\"_ _9f\"> </span>signif<span class=\"_ _1\"></span>ica <span class=\"_ _9f\"> </span>que<span class=\"_ _1\"></span> <span class=\"_ _9f\"> </span>ter<span class=\"_ _1\"></span>\u00e1 <span class=\"_ _9f\"> </span>de <span class=\"_ _40\"> </span>identifica<span class=\"_ _1\"></span>r <span class=\"_ _9f\"> </span>e<span class=\"_ _1\"></span> <span class=\"_ _9f\"> </span>re<span class=\"_ _1\"></span>analisar <span class=\"_ _9f\"> </span>a<span class=\"_ _1\"></span>s transa\u00e7\u00f5es <span class=\"_ _45\"></span>de <span class=\"_ _1\"></span>venda<span class=\"_ _1\"></span> <span class=\"_ _1\"></span>e <span class=\"_ _45\"></span>reloca<span class=\"_ _1\"></span>\u00e7\u00e3o <span class=\"_ _45\"></span>celebradas <span class=\"_ _45\"></span>desde <span class=\"_ _1\"></span>a <span class=\"_ _45\"></span>imple<span class=\"_ _1\"></span>menta\u00e7\u00e3o <span class=\"_ _45\"></span>da <span class=\"_ _45\"></span>IFRS <span class=\"_ _1\"></span>16 <span class=\"_ _45\"></span>em<span class=\"_ _1\"></span> 2019 <span class=\"_ _1\"></span>e,<span class=\"_ _1\"></span> <span class=\"_ _1\"></span>poten<span class=\"_ _1\"></span>cialmente,<span class=\"_ _1\"></span> <span class=\"_ _1\"></span>reexpres<span class=\"_ _1\"></span>sar <span class=\"_ _1\"></span>aque<span class=\"_ _1\"></span>las <span class=\"_ _45\"></span>que <span class=\"_ _45\"></span>inclu\u00edam<span class=\"_ _1\"></span> <span class=\"_ _1\"></span>paga<span class=\"_ _1\"></span>mentos <span class=\"_ _45\"></span>vari\u00e1vei<span class=\"_ _1\"></span>s <span class=\"_ _1\"></span>de loca\u00e7\u00e3o<span class=\"ff16 fs10 fc2\">.</span> Re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>\u00e0s <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> aci<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>ja <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>trad<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>at\u00f3<span class=\"_ _0\"></span>ria <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>gor<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nda <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> oco<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>eu,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>clui<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>todos<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> da s<span class=\"_ _0\"></span>ua apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>tou<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>o\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>ada,<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> n\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>is im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>ja<span class=\"_ _0\"></span>m si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>cati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfChangesInAccountingPoliciesExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-44-2": {
   "value": "1.6.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e ju<span class=\"_ _0\"></span>lg<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>l\u00ed<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>icos<span class=\"_ _0\"></span> </span></span>rel<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> A p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s ex<span class=\"_ _0\"></span>ige<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo <span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>etu<span class=\"_ _0\"></span>e es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> jul<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ren<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, g<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> e di<span class=\"_ _0\"></span>vul<span class=\"_ _0\"></span>ga\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>olid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a. P<span class=\"_ _0\"></span>ara <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>to, <span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>a-se<span class=\"_ _0\"></span>:  i)<span class=\"ffb ls0\"> <span class=\"_ _64\"> </span><span class=\"ff1\">n<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>r i<span class=\"_ _0\"></span>nfor<span class=\"_ _0\"></span>ma\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhec<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>gun<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m </span></span>re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rit<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nden<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>e  ii)<span class=\"ffb\"> <span class=\"_ _50\"> </span></span>n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>pod<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> vir<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>lve<span class=\"_ _0\"></span>r no<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>.  Na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ncre<span class=\"_ _0\"></span>tiz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ulta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> ser<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>esta<span class=\"_ _0\"></span>s es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span>. As <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> jul<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ntos <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>rese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>bai<span class=\"_ _0\"></span>xo:<span class=\"_ _0\"></span> Estimati<span class=\"_ _1\"></span>vas e julgamentos<span class=\"_ _1\"></span> Notas Recuperabilidade<span class=\"_ _1\"></span> do goodw<span class=\"_ _1\"></span>ill 3.1 <span class=\"ff9\">\u2013</span> Goodw<span class=\"_ _1\"></span>ill Incerteza quanto<span class=\"_ _1\"></span> aos tratamentos<span class=\"_ _1\"></span> do imposto <span class=\"_ _1\"></span> 6.1 - Imposto sobre<span class=\"_ _1\"></span> o rendimento<span class=\"_ _1\"></span> do per\u00edodo<span class=\"_ _1\"></span> sobre o rendimento<span class=\"_ _1\"></span> 6.2 - Impostos<span class=\"_ _1\"></span> diferidos <span class=\"_ _1\"></span> Pressupostos atuar<span class=\"_ _1\"></span>iais 7.2 <span class=\"ff9\">\u2013</span> Benef\u00edc<span class=\"_ _1\"></span>ios aos empregado<span class=\"_ _1\"></span>s Justo valor dos at<span class=\"_ _1\"></span>ivos biol\u00f3gicos<span class=\"_ _1\"></span> 3.8 <span class=\"ff9\">\u2013</span> Ativos b<span class=\"_ _1\"></span>iol\u00f3gicos Reconhecimento <span class=\"_ _1\"></span>de provis\u00f5es<span class=\"_ _1\"></span> 10.1 - Provis\u00f5es<span class=\"_ _1\"></span> Recuperabilidade<span class=\"_ _1\"></span>, vida \u00fatil e depre<span class=\"_ _1\"></span>cia\u00e7\u00e3o <span class=\"_ _1\"></span> 3.3 <span class=\"ff9\">\u2013</span> Ativos f<span class=\"_ _1\"></span>ixos tang\u00edveis<span class=\"_ _1\"></span> de ativos fixos tang<span class=\"_ _1\"></span>\u00edveis<span class=\"_ _1\"></span> An\u00e1lise da recupe<span class=\"_ _1\"></span>rabilidade do <span class=\"_ _1\"></span>Good<span class=\"_ _1\"></span>will O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oced<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m ca<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>c\u00e1l<span class=\"_ _0\"></span>cul<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>cup<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a ne<span class=\"_ _0\"></span>g\u00f3<span class=\"_ _0\"></span>cio<span class=\"ls10\">, </span>atr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _3b\"></span>s da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>uso<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m o <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> flu<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>xa de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>Os<span class=\"_ _0\"></span> c\u00e1l<span class=\"_ _0\"></span>culo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>base<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>m-<span class=\"_ _0\"></span>se n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>enh<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>hist\u00f3<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> e n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>vim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>\u00f3ci<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a at<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rut<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>tiliz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> or<span class=\"_ _0\"></span>\u00e7am<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> o a<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>imat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> flu<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>aix<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>o su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>eque<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e 4<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>os<span class=\"ls10\">. </span>Em <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> c\u00e1l<span class=\"_ _0\"></span>cul<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> at\u00e9<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>\u00e3o f<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span> id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ualq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>Go<span class=\"_ _0\"></span>odw<span class=\"_ _0\"></span>ill<span class=\"ff7\">.</span> Os <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>upos<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e c\u00e1<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ulo <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es: Pressupostos na base do plano de neg\u00f3cios 2022  2021  Pressupostos (CAGR 2023-20<span class=\"_ _0\"></span>27) (CAGR 2022-<span class=\"_ _0\"></span>2026) Vendas em quan<span class=\"_ _1\"></span>tidade (kt)<span class=\"_ _1\"></span> Refer\u00eancia<span class=\"_ _1\"></span> Papel UWF<span class=\"_ _1\"></span> Papel UWF<span class=\"_ _1\"></span> CAGR Vendas em<span class=\"_ _1\"></span> quantidade (kt)<span class=\"_ _1\"></span> (0,1%) 0,7% Refer\u00eancia<span class=\"_ _1\"></span> Papel <span class=\"ff7\">Tissue<span class=\"_ _1\"></span></span> Papel <span class=\"ff7\">Tissue<span class=\"_ _1\"></span></span> CAGR Vendas em<span class=\"_ _1\"></span> quantidade (kt)<span class=\"_ _1\"></span> 0,3% 0,4% Pre\u00e7o M\u00e9dio<span class=\"_ _1\"></span> de Venda ML/t<span class=\"_ _1\"></span> Refer\u00eancia<span class=\"_ _1\"></span> Papel UWF<span class=\"_ _1\"></span> Papel UWF<span class=\"_ _1\"></span> CAGR Pre\u00e7o M\u00e9di<span class=\"_ _1\"></span>o de Venda ML/t<span class=\"_ _1\"></span> (1,8%) (1,2%) Refer\u00eancia<span class=\"_ _1\"></span> Papel <span class=\"ff7\">Tissue<span class=\"_ _1\"></span></span> Papel <span class=\"ff7\">Tissue<span class=\"_ _1\"></span></span> CAGR Pre\u00e7o M\u00e9di<span class=\"_ _1\"></span>o de Venda ML/t<span class=\"_ _1\"></span> (2,1%) 0,0% Taxa de cre<span class=\"_ _1\"></span>scimento na perpet<span class=\"_ _1\"></span>uida<span class=\"_ _1\"></span>d<span class=\"ls7c\">e </span>- Papel UWF (1,0%) (1,0%) Taxa de cre<span class=\"_ _1\"></span>scimento na perpet<span class=\"_ _1\"></span>uida<span class=\"_ _1\"></span>d<span class=\"ls7c\">e </span>- Papel <span class=\"_ _1\"></span><span class=\"ff8\">Tissue</span> 2,03% 1,56% Pr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>osto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>mac<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>econ<span class=\"_ _0\"></span>\u00f3mic<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>upos<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>n\u00edve<span class=\"_ _0\"></span>l m<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>roe<span class=\"_ _0\"></span>con\u00f3<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e cr<span class=\"_ _0\"></span>esci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o P<span class=\"_ _0\"></span>IB e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nfl<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m P<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tug<span class=\"_ _0\"></span>al.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>s\u00e3<span class=\"_ _0\"></span>o o <span class=\"_ _0\"></span>FMI <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o B<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e Por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span>.  Ano 2022<span class=\"_ _1\"></span> Pressupostos Ma<span class=\"_ _1\"></span>croecon\u00f3micos<span class=\"_ _1\"></span> 2023 2024 2025 2026 Taxa de crescimento<span class=\"_ _1\"></span> real do PIB<span class=\"_ _1\"></span> 0,65% 2,40% 2,15% 1,90% Infla\u00e7\u00e3o EUR<span class=\"_ _1\"></span> 4,67% 2,55% 2,30% 2,06% Ano 2021<span class=\"_ _1\"></span> Pressupostos Ma<span class=\"_ _1\"></span>croecon\u00f3micos<span class=\"_ _1\"></span> 2022 2023 2024 2025 Taxa de crescimento<span class=\"_ _1\"></span> real do PIB<span class=\"_ _1\"></span> 5,60% 2,40% 2,30% 1,80% Infla\u00e7\u00e3o EUR<span class=\"_ _1\"></span> 0,90% 1,00% 1,40% 1,47% A t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>tui<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>efl<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>Ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>o l<span class=\"_ _0\"></span>ong<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>praz<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a as<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes <span class=\"_ _0\"></span>UG<span class=\"_ _0\"></span>Cs, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>post<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>oeco<span class=\"_ _0\"></span>n\u00f3m<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>os. Pr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>osto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span> Tx  Taxa de  Tx  Taxa de Cresci/\u00ba Juro  Taxa Cresci/\u00ba Juro sem  Taxa na perp.  Taxa de sem WACC na perp.  Taxa de Pressupostos <span class=\"_ _1\"></span>Financeiros risco* WACC EUR EUR Imposto risco* EUR EUR Imposto Papel UWF Per\u00edodo de Planea<span class=\"_ _1\"></span>mento explicit<span class=\"_ _1\"></span>o 2,94% 6,76% 0,00% 27,50% 0,30% 4,46% 0,00% 27,50% Perpetuidade 2,94% 6,76% (1,0%) 27,50% 2,31% 6,34% (1,0%) 27,50% *<span class=\"_ _40\"> </span>Inclu<span class=\"_ _0\"></span>i o <span class=\"_ _0\"></span>Coun<span class=\"_ _0\"></span>try<span class=\"_ _0\"></span> Ri<span class=\"_ _0\"></span>sk <span class=\"_ _0\"></span>Pre<span class=\"_ _0\"></span>miumEstimativas e julgamentos Recuperabilidade do Goodwill O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> tes<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>anu<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> a i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Good<span class=\"_ _0\"></span>wil<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>a D<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a po<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span>Par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>itos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>test<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> \u00e0s <span class=\"_ _0\"></span>UGC<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>cupe<span class=\"_ _0\"></span>r\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>i de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>no v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>uso<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>rdo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>o m\u00e9<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>luxo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>xa de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>O <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>r\u00e1ve<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>GC <span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>iva <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>\u00e7os<span class=\"_ _0\"></span> m\u00e9<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> var<span class=\"_ _0\"></span>i\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue n<span class=\"_ _0\"></span>os pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>am d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pre<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>n\u00f3m<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>para<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> e me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>era, <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>is\u00f5<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>\u00fas<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>a, i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>uin<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>era\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>apac<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>alad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>acio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>proj<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>s da<span class=\"_ _0\"></span> Ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>form<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>his<span class=\"_ _0\"></span>t\u00f3r<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span>Ess<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>c\u00e1l<span class=\"_ _0\"></span>culo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>xig<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> us<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as. O<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> cl<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>\u00e1tic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>foi<span class=\"_ _0\"></span> ig<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsid<span class=\"_ _0\"></span>erad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>flu<span class=\"_ _0\"></span>xos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>eito<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>ej<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>al. <span class=\"_ _0\"></span>Os<span class=\"_ _0\"></span> ris<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>uni<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>soci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span>s alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>cli<span class=\"_ _0\"></span>m\u00e1t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as i<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ficad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>ecom<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>TCFD<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ram-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>vul<span class=\"_ _0\"></span>gad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> ane<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat\u00f3<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ges<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span>.  An\u00e1<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tual<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>grav<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 0<span class=\"_ _0\"></span>,5<span class=\"_ _0\"></span>% n<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>onto<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>a no <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Go<span class=\"_ _0\"></span>odw<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>unid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>erad<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>Pap<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>inte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>guei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Fo<span class=\"_ _0\"></span>z,<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pl<span class=\"ff9\">ic<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>um d<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>aval<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac2<span class=\"_ _0\"></span>69<span class=\"_ _0\"></span>.08<span class=\"_ _0\"></span>1.4<span class=\"_ _0\"></span>88<span class=\"_ _0\"></span> (3<span class=\"_ _0\"></span>1 de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de </span>20<span class=\"_ _0\"></span>21:<span class=\"_ _0\"></span> \u20ac1<span class=\"_ _0\"></span>38<span class=\"_ _0\"></span>.398<span class=\"_ _0\"></span>.5<span class=\"_ _0\"></span>65<span class=\"_ _0\"></span>), <span class=\"_ _0\"></span>aind<span class=\"_ _0\"></span>a as<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>4 <span class=\"_ _0\"></span>vez<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span><span class=\"ff1\"> co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ico<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> </span>uni<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>rado<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ixa<span class=\"_ _0\"></span>. R<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>Good<span class=\"_ _0\"></span>wil<span class=\"_ _0\"></span>l a<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>o \u00e0<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Tis<span class=\"_ _0\"></span>sue<span class=\"_ _0\"></span> R\u00f3<span class=\"_ _0\"></span>d\u00e3<span class=\"_ _0\"></span>o, f<span class=\"_ _0\"></span>ace<span class=\"_ _0\"></span> \u00e0 im<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>smo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>ntu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>\u00e3o s<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rial<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>leva<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s. Estimativas e julgamentos Rec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>ng\u00ed<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>is A r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>erab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>g\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>efin<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>imat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ssup<span class=\"_ _0\"></span>ost<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Ge<span class=\"_ _0\"></span>st\u00e3o<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> apl<span class=\"_ _0\"></span>ic\u00e1<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>l, n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>z r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pei<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>apu<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> us<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>\u00e2mb<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s te<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> uni<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> ger<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>caix<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span>  Vi<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>\u00fati<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o  Os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>g\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ntam<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>onen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ais s<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>nifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o A<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span>l do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> Est<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ujei<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>uma <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o si<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>\u00e1tic<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>det<span class=\"_ _0\"></span>erm<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>a sua<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> \u00fat<span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>n\u00f3m<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span>A de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s \u00fa<span class=\"_ _0\"></span>tei<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span>, b<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>\u00e9t<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ar \u00e9<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>nar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>cia\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s a <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>conh<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> na <span class=\"_ _0\"></span>Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>olid<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>. Est<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ois <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r\u00e2m<span class=\"_ _0\"></span>etr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ord<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> o m<span class=\"_ _0\"></span>elh<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> jul<span class=\"_ _0\"></span>gam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>lho d<span class=\"_ _0\"></span>e Adm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>\u00f3ci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>b\u00e9m<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00e1ti<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> ado<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>cion<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> e a <span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>olu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ndi\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>con\u00f3<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>a.  No<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span><span class=\"ff9\">evi<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>IFRS<span class=\"_ _0\"></span>\u2019s,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>idas<span class=\"_ _0\"></span> \u00fat<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>r r<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> </span>as <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>cta<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>nef\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>econ<span class=\"_ _0\"></span>\u00f3mi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s es<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>uso <span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>cni<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> pl<span class=\"_ _0\"></span>ane<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>As <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rra<span class=\"_ _0\"></span>m na<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>\u00e3o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>iliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ospe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>va. Dad<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>v\u00e2<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>gula<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span> t\u00e9<span class=\"_ _0\"></span>cni<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s ex<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara <span class=\"_ _0\"></span>afe<span class=\"_ _0\"></span>rir<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a ad<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ua\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>s ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>, te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>o \u00fal<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>rela<span class=\"_ _0\"></span>t\u00f3r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nclu\u00ed<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> du<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>segu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>er\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> 1 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ja<span class=\"_ _0\"></span>nei<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2. Ne<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>c\u00edc<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>cede<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>\u00e0 re<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> \u00fate<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>um con<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>afe<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>va,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> on<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>, em<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>edu\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da vi<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>\u00fati<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>m, <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>erc\u00ed<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>o (<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span> No<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> 3.<span class=\"_ _0\"></span>7). Estimativas e julgamentos Pr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os For<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pond<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>z<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>alia<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, nom<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>dam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te: \uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">Pro<span class=\"_ _0\"></span>dut<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> flo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span>; </span></span>\uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">Pre<span class=\"_ _0\"></span>\u00e7o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a da<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>(qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo)<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>uzid<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>te, </span></span>das<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>err<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> ar<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ssio<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>heg<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nute<span class=\"_ _0\"></span>n\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e ao<span class=\"_ _0\"></span> ar<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>; o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nd\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> agr<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>ou-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>5% <span class=\"_ _0\"></span>fac<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1. \uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">Taxa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: 5<span class=\"_ _0\"></span>,17%<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1:<span class=\"_ _0\"></span> 2,9<span class=\"_ _0\"></span>9%<span class=\"_ _0\"></span>).<span class=\"_ _0\"></span> Not<span class=\"_ _0\"></span>e-s<span class=\"_ _0\"></span>e q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>orp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco </span></span>de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nc\u00ean<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>h fl<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>del<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> Cas<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>foss<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>orp<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> na <span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>esm<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e 7<span class=\"_ _0\"></span>% <span class=\"_ _0\"></span>(2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span>: 4<span class=\"_ _0\"></span>,61<span class=\"_ _0\"></span>%) An\u00e1<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span> O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>tiliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m P<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tugal<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>e\u00e7o<span class=\"_ _0\"></span> <span class=\"ff7\">fo<span class=\"_ _0\"></span>rw<span class=\"_ _0\"></span>ard<span class=\"ff1\"> <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span>ra </span></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>var<span class=\"_ _0\"></span>i\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span>. Alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>post<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pod<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>plic<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>iza\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s/d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>oriz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos:<span class=\"_ _0\"></span> Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 1) Agravamen<span class=\"_ _1\"></span>to em 0,5% da ta<span class=\"_ _1\"></span>xa de desconto em Por<span class=\"_ _1\"></span>tugal<span class=\"_ _1\"></span> 5.<span class=\"ls24\">422</span>.029  7.<span class=\"ls24\">896</span>.515  Desvaloriza\u00e7\u00e3o d<span class=\"_ _1\"></span>o ativo floresta<span class=\"_ _1\"></span>l de Portugal<span class=\"_ _1\"></span> 2) Diminui\u00e7\u00e3o d<span class=\"_ _1\"></span>e 3% no pre\u00e7o <span class=\"_ _1\"></span><span class=\"ff8\">forw<span class=\"_ _1\"></span>ard</span> 10<span class=\"ls0\">.</span>848<span class=\"ls0\">.174  </span>11<span class=\"ls0\">.</span>731<span class=\"ls0\">.495  </span>Desvaloriza\u00e7\u00e3o d<span class=\"_ _1\"></span>o ativo flore<span class=\"_ _1\"></span>stal de Portuga<span class=\"_ _1\"></span>l 3) Agravamen<span class=\"_ _1\"></span>to em 0,5% da ta<span class=\"_ _1\"></span>xa de desconto em <span class=\"_ _1\"></span>Mo\u00e7ambique<span class=\"_ _1\"></span> 503<span class=\"ls0\">.</span>338 <span class=\"ls0\"> </span>273<span class=\"ls0\">.</span>043 <span class=\"ls0\"> </span>Desvaloriza\u00e7\u00e3o d<span class=\"_ _1\"></span>o ativo floresta<span class=\"_ _1\"></span>l de Mo\u00e7ambique<span class=\"_ _1\"></span> 4) Diminui\u00e7\u00e3o d<span class=\"_ _1\"></span>e 3% no pre\u00e7o <span class=\"_ _1\"></span><span class=\"ff8\">forw<span class=\"_ _1\"></span>ard</span> 761<span class=\"ls0\">.</span>695 <span class=\"ls0\"> </span>718<span class=\"ls0\">.</span>666 <span class=\"ls0\"> </span>Desvaloriza\u00e7\u00e3o d<span class=\"_ _1\"></span>o ativo floresta<span class=\"_ _1\"></span>l de Mo\u00e7ambique<span class=\"_ _1\"></span> Estimativas e julgamentos Pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omer<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> tem<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>rso<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>rog<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>miss<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l n<span class=\"_ _0\"></span>ego<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ordo<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> fr<span class=\"_ _0\"></span>equ<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>uri<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l i<span class=\"_ _0\"></span>nfer<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>, mas<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>a <span class=\"ff7\">re<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span><span class=\"ff1\">. No<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>o <span class=\"ff7\">r<span class=\"_ _0\"></span>oll<span class=\"_ _0\"></span> ov<span class=\"_ _0\"></span>er<span class=\"ff1\"> <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s </span></span></span></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es. Estimativas e julgamentos O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ce p<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sivo<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> l<span class=\"_ _0\"></span>iqui<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>iona<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>sam<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sult<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s ef<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> auto<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> fis<span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rri<span class=\"_ _0\"></span>t\u00f3r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s on<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>env<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ve ati<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e. <span class=\"_ _0\"></span>Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tado<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>ua\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s \u00e9 <span class=\"_ _0\"></span>dife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nici<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>er\u00e3o <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>post<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sob<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to, <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>o em<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>is di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> se <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>m. Em <span class=\"_ _0\"></span>Po<span class=\"_ _0\"></span>rtu<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dec<span class=\"_ _0\"></span>lar<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> anua<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o s<span class=\"_ _0\"></span>uj<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ev<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> aju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s au<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> du<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 4 a<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Cont<span class=\"_ _0\"></span>udo<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ju\u00ed<span class=\"_ _0\"></span>zo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fis<span class=\"_ _0\"></span>cais<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stes<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ode<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>er s<span class=\"_ _0\"></span>uj<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>s\u00e3<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>utor<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>is p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 6 <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pa\u00ed<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>volve<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>, em<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egr<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span>es. O C<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Ad<span class=\"_ _0\"></span>mini<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> ev<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tuai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> \u00e0q<span class=\"_ _0\"></span>uel<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cla<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m re<span class=\"ls0\">sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s/i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>\u00e3o e<span class=\"_ _0\"></span>fei<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>o </span>nas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>emo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>iras<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 31 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> dez<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>0, <span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> j\u00e1<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ela <span class=\"_ _0\"></span>Aut<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>t\u00e1ri<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> A<span class=\"_ _0\"></span>dua<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> at\u00e9<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>8, i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>. Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u00e0 t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> nom<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>de 27<span class=\"_ _0\"></span>,5%<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>stir<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>rav<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os g<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ostos<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac1<span class=\"_ _0\"></span>8.0<span class=\"_ _0\"></span>93<span class=\"_ _0\"></span>.292<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>zem<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21:<span class=\"_ _0\"></span> \u20ac<span class=\"_ _0\"></span>17<span class=\"_ _0\"></span>.865<span class=\"_ _0\"></span>.8<span class=\"_ _0\"></span>09)<span class=\"_ _0\"></span>.<span class=\"ff1\"> </span>Pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>rt<span class=\"ls9c\">as</span> O m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> por<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pro<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>fetu<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>r\u00ean<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a \u00e0<span class=\"_ _0\"></span> dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>posi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>da,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>g\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ndime<span class=\"_ _3b\"></span>nto c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Admi<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o Tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>t\u00e1r<span class=\"_ _0\"></span>ia,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>vime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>\u00e3o o<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>\u00e9ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>fis<span class=\"_ _0\"></span>cais<span class=\"_ _0\"></span>.  O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u00e0 me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fisc<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>as, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>side<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>o di<span class=\"_ _0\"></span>spos<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> IFR<span class=\"_ _0\"></span>IC <span class=\"_ _0\"></span>23<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> <span class=\"ff9\">\u2018In<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto\u2019<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a </span></span></span>me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>cos <span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>ni\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> mel<span class=\"_ _0\"></span>hor<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o ga<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xigi<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>dar <span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>todo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>os po<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sult<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>obab<span class=\"_ _0\"></span>ilid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as. Estimativas e julgamentos Pr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os a<span class=\"_ _3b\"></span>tuari<span class=\"_ _0\"></span>ais 31/12/22 31/12/21 F\u00f3rmula de Bene<span class=\"_ _1\"></span>f\u00edcios da Seguran<span class=\"_ _1\"></span>\u00e7a Social<span class=\"_ _1\"></span> Decreto-Le<span class=\"_ _1\"></span>i n\u00ba 187/2007 de 10<span class=\"_ _1\"></span> de maio <span class=\"_ _1\"></span> Tabelas de <span class=\"_ _1\"></span>invalidez   EKV 80  EKV 80  Tabelas de morta<span class=\"_ _1\"></span>lidade TV 88/90 TV 88/90 Taxa de desconto<span class=\"_ _1\"></span> 3,50% 1,25% Taxa de crescimento<span class=\"_ _1\"></span> salarial<span class=\"_ _1\"></span> 2,00% 1,00% Taxa de remunera\u00e7\u00e3o<span class=\"_ _1\"></span> dos ativos d<span class=\"_ _1\"></span>os planos<span class=\"_ _1\"></span> 3,50% 1,25% Taxa de crescimento<span class=\"_ _1\"></span> das pens\u00f5es<span class=\"_ _1\"></span> 1,5% ou 2,00%<span class=\"_ _1\"></span> 1,00% An\u00e1<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de Valores em Euros<span class=\"_ _1\"></span> 31/12/22 Redu\u00e7\u00e3o de 0,<span class=\"_ _1\"></span>5% na taxa de d<span class=\"_ _1\"></span>esconto<span class=\"_ _1\"></span> Acr\u00e9scimo das respon<span class=\"_ _1\"></span>sabilidades<span class=\"_ _1\"></span> assumidas<span class=\"_ _1\"></span> 10<span class=\"ls0\">.</span>585<span class=\"ls0\">.975  </span>Aumento de 0,5% <span class=\"_ _1\"></span>na taxa de d<span class=\"_ _1\"></span>esconto<span class=\"_ _1\"></span> Redu\u00e7\u00e3o das responsa<span class=\"_ _1\"></span>bilidades a<span class=\"_ _1\"></span>ssumidas<span class=\"_ _1\"></span> (9<span class=\"ls0\">.<span class=\"ls24\">619</span>.544)<span class=\"_ _1\"></span> </span>Redu\u00e7\u00e3o de 0,<span class=\"_ _1\"></span>5% na taxa de cr<span class=\"_ _1\"></span>escimento salaria<span class=\"_ _1\"></span>l<span class=\"_ _1\"></span> Redu\u00e7\u00e3o das res<span class=\"_ _1\"></span>ponsabilidade<span class=\"_ _1\"></span>s assumidas<span class=\"_ _1\"></span> (2<span class=\"ls0\">.<span class=\"ls24\">067</span>.884)<span class=\"_ _1\"></span> </span>Aumento de 0,5% <span class=\"_ _1\"></span>na taxa de c<span class=\"_ _1\"></span>rescimento <span class=\"_ _1\"></span>salarial<span class=\"_ _1\"></span> Acr\u00e9scimo das respon<span class=\"_ _1\"></span>sabilidades<span class=\"_ _1\"></span> assumidas<span class=\"_ _1\"></span> 2.<span class=\"ls24\">174</span>.018  Redu\u00e7\u00e3o de 0,<span class=\"_ _1\"></span>5% na taxa de cr<span class=\"_ _1\"></span>escimento da<span class=\"_ _1\"></span>s pens\u00f5es<span class=\"_ _1\"></span> Redu\u00e7\u00e3o das responsa<span class=\"_ _1\"></span>bilidades a<span class=\"_ _1\"></span>ssumidas<span class=\"_ _1\"></span> (7<span class=\"ls0\">.<span class=\"ls24\">796</span>.773)<span class=\"_ _1\"></span> </span>Aumento de 0,5% <span class=\"_ _1\"></span>na taxa de c<span class=\"_ _1\"></span>rescimento da<span class=\"_ _1\"></span>s pens\u00f5es<span class=\"_ _1\"></span> Acr\u00e9scimo das respon<span class=\"_ _1\"></span>sabilidades<span class=\"_ _1\"></span> assumidas<span class=\"_ _1\"></span> 7.<span class=\"ls24\">963</span>.146  Valores em Euros<span class=\"_ _1\"></span> 31/12/21 Redu\u00e7\u00e3o de 0,<span class=\"_ _1\"></span>25% na taxa de <span class=\"_ _1\"></span>desconto<span class=\"_ _1\"></span> Acr\u00e9scimo das respon<span class=\"_ _1\"></span>sabilidades<span class=\"_ _1\"></span> assumidas<span class=\"_ _1\"></span> 7.<span class=\"ls24\">293</span>.802  Aumento de 0,25<span class=\"_ _1\"></span>% na taxa <span class=\"_ _1\"></span>de descon<span class=\"_ _1\"></span>to Redu\u00e7\u00e3o das responsa<span class=\"_ _1\"></span>bilidades a<span class=\"_ _1\"></span>ssumidas<span class=\"_ _1\"></span> (6<span class=\"ls0\">.<span class=\"ls24\">901</span>.576)<span class=\"_ _1\"></span> </span>Redu\u00e7\u00e3o de 0,<span class=\"_ _1\"></span>25% na taxa de <span class=\"_ _1\"></span>crescimen<span class=\"_ _1\"></span>to salarial<span class=\"_ _1\"></span> Redu\u00e7\u00e3o das responsa<span class=\"_ _1\"></span>bilidades a<span class=\"_ _1\"></span>ssumidas<span class=\"_ _1\"></span> (1<span class=\"ls0\">.<span class=\"ls24\">643</span>.123)<span class=\"_ _1\"></span> </span>Aumento de 0,25<span class=\"_ _1\"></span>% na taxa de<span class=\"_ _1\"></span> crescimento salaria<span class=\"_ _1\"></span>l<span class=\"_ _1\"></span> Acr\u00e9scimo das respon<span class=\"_ _1\"></span>sabilidades<span class=\"_ _1\"></span> assumi<span class=\"_ _1\"></span>das 1.<span class=\"ls24\">687</span>.898  Redu\u00e7\u00e3o de 0,<span class=\"_ _1\"></span>25% na taxa de <span class=\"_ _1\"></span>crescimen<span class=\"_ _1\"></span>to das pens\u00f5es<span class=\"_ _1\"></span> Redu\u00e7\u00e3o das responsa<span class=\"_ _1\"></span>bilidades a<span class=\"_ _1\"></span>ssumidas<span class=\"_ _1\"></span> (5<span class=\"ls0\">.<span class=\"ls24\">167</span>.727)<span class=\"_ _1\"></span> </span>Aumento de 0,25<span class=\"_ _1\"></span>% na taxa de<span class=\"_ _1\"></span> crescimento da<span class=\"_ _1\"></span>s pens\u00f5es<span class=\"_ _1\"></span> Acr\u00e9scimo das respon<span class=\"_ _1\"></span>sabilidades<span class=\"_ _1\"></span> assumidas<span class=\"_ _1\"></span> 5.<span class=\"ls24\">375</span>.162  Estimativas e julgamentos An\u00e1<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>\u00e9cni<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> an\u00e1<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue m<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>alte<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mad<span class=\"_ _0\"></span>as n<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>is d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> aum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>dimi<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>diata<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rcad<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>ari\u00e1<span class=\"_ _0\"></span>veis<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>Est<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>n\u00e1l<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> ape<span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> il<span class=\"_ _0\"></span>ustr<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span>, j<span class=\"_ _0\"></span>\u00e1 q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00e1ti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> ra<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>isol<span class=\"_ _0\"></span>adam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>. A a<span class=\"_ _0\"></span>n\u00e1l<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sibi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> \u00e9 b<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ssup<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>: i)<span class=\"_ _0\"></span> Al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>dime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> Inst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> var<span class=\"_ _0\"></span>i\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s; ii<span class=\"ls0\">) Al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> jur<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>sto v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Ins<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>finan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s </span>de<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e ou<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>pass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>; iii<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>Alte<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Inst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e o<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>s fl<span class=\"_ _0\"></span>ux<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ixa <span class=\"_ _0\"></span>fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s l\u00ed<span class=\"_ _0\"></span>quid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, uti<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>zan<span class=\"_ _0\"></span>do t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> mer<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>do d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nal <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o. Um <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 0<span class=\"_ _0\"></span>,50%<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ais s<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>lcu<span class=\"_ _0\"></span>lad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> jur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9sti<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>elo <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o te<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> nos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e \u20ac2<span class=\"_ _0\"></span>33<span class=\"_ _0\"></span>.3<span class=\"_ _0\"></span>33 (<span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>zem<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2021<span class=\"_ _0\"></span>: \u20ac1<span class=\"_ _0\"></span>06.<span class=\"_ _0\"></span>25<span class=\"_ _0\"></span>0<span class=\"ff1 lsd\">).<span class=\"ls0\"> </span></span>Estimativas e julgamentos Jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>trum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>os Sem<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>oss\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>o ju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tima<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>em i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> cot<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os.<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>a au<span class=\"_ _0\"></span>s\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>\u00e7os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>rav\u00e9<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do m\u00e9<span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>flux<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>ode<span class=\"_ _0\"></span>los<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>op\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>do c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>supo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>utili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span><span class=\"ff7\">.<span class=\"ff1\"> </span></span>Estimativas e julgamentos Jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>iam<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>obt<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span>une<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>fix<span class=\"_ _0\"></span>a O j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os \u00e9<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>alc<span class=\"_ _0\"></span>ulad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>m\u00e9t<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s fl<span class=\"_ _0\"></span>ux<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ixa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s \u00e0 <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>elat<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>car<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00edst<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>enc<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o ao<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>l 2<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a hi<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>arq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>a IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>13<span class=\"_ _0\"></span><span class=\"ff7\">.<span class=\"ff1\"> </span></span>3Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>agr<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 1<span class=\"_ _0\"></span>0%<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, \u00e0<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>ta,<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o m de<span class=\"_ _0\"></span> mad<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> eu<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>ipt<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sumi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a BE<span class=\"_ _0\"></span>KP<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u20ac41<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>000 <span class=\"_ _0\"></span>(31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1: \u20ac3<span class=\"_ _0\"></span>1.4<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>.000<span class=\"_ _0\"></span>).<span class=\"ff1\"> </span>Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>agr<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 1<span class=\"_ _0\"></span>0%<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>e\u00e7o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>qu\u00ed<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>cos <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ria re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>nega<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>acion<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> \u20ac2<span class=\"_ _0\"></span>5.2<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>.000<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>zem<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21:<span class=\"_ _0\"></span> \u20ac<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>.300<span class=\"_ _0\"></span>.0<span class=\"_ _0\"></span>00)<span class=\"_ _0\"></span>.<span class=\"ff1\"> </span>Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>0% <span class=\"_ _0\"></span>no p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>\u00e7o,<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r t<span class=\"_ _0\"></span>one<span class=\"_ _0\"></span>lad<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>ta BEK<span class=\"_ _0\"></span>P e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>5% <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>tone<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>UW<span class=\"_ _0\"></span>F e <span class=\"_ _0\"></span><span class=\"ff7\">ti<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>e<span class=\"ff1\"> v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>o </span></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ntad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>um i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>acto<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nais<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ce<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e \u20ac2<span class=\"_ _0\"></span>0.9<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>.000<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac<span class=\"_ _0\"></span>101<span class=\"_ _0\"></span>.40<span class=\"_ _0\"></span>0.0<span class=\"_ _0\"></span>00,<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te (<span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2021<span class=\"_ _0\"></span>: \u20ac<span class=\"_ _0\"></span>17<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0.0<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span> e \u20ac6<span class=\"_ _0\"></span>5.4<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span><span class=\"ff1\">0, <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>). </span>Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>agr<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 1<span class=\"_ _0\"></span>0%<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>e\u00e7o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o da<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>rici<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pen<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>a co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>resu<span class=\"_ _0\"></span>lta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>acio<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> \u20ac1<span class=\"_ _0\"></span>7.<span class=\"_ _0\"></span>300<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0 (<span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21:<span class=\"_ _0\"></span> \u20ac<span class=\"_ _0\"></span>10.<span class=\"_ _0\"></span>800<span class=\"_ _0\"></span>.000<span class=\"_ _0\"></span>).<span class=\"ff1\"> </span>Estimativas e julgamentos Pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>judi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>scai<span class=\"_ _0\"></span>s Est<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _3b\"></span>s for<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>stit<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ord<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>alia<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> efe<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pelo<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>io d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ltor<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>leg<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>base<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>obab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de de<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>cis<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>vor<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>ou d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>fav<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAccountingJudgementsAndEstimatesExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-44-3": {
   "value": "1.6.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e ju<span class=\"_ _0\"></span>lg<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>l\u00ed<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>icos<span class=\"_ _0\"></span> </span></span>rel<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> A p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s ex<span class=\"_ _0\"></span>ige<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo <span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>etu<span class=\"_ _0\"></span>e es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> jul<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ren<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, g<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> e di<span class=\"_ _0\"></span>vul<span class=\"_ _0\"></span>ga\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>olid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a. P<span class=\"_ _0\"></span>ara <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>to, <span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>a-se<span class=\"_ _0\"></span>:  i)<span class=\"ffb ls0\"> <span class=\"_ _64\"> </span><span class=\"ff1\">n<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>r i<span class=\"_ _0\"></span>nfor<span class=\"_ _0\"></span>ma\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhec<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>gun<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m </span></span>re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rit<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nden<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>e  ii)<span class=\"ffb\"> <span class=\"_ _50\"> </span></span>n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>pod<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> vir<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>lve<span class=\"_ _0\"></span>r no<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>.  Na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ncre<span class=\"_ _0\"></span>tiz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ulta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> ser<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>esta<span class=\"_ _0\"></span>s es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span>. As <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> jul<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ntos <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>rese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>bai<span class=\"_ _0\"></span>xo:<span class=\"_ _0\"></span> Estimati<span class=\"_ _1\"></span>vas e julgamentos<span class=\"_ _1\"></span> Notas Recuperabilidade<span class=\"_ _1\"></span> do goodw<span class=\"_ _1\"></span>ill 3.1 <span class=\"ff9\">\u2013</span> Goodw<span class=\"_ _1\"></span>ill Incerteza quanto<span class=\"_ _1\"></span> aos tratamentos<span class=\"_ _1\"></span> do imposto <span class=\"_ _1\"></span> 6.1 - Imposto sobre<span class=\"_ _1\"></span> o rendimento<span class=\"_ _1\"></span> do per\u00edodo<span class=\"_ _1\"></span> sobre o rendimento<span class=\"_ _1\"></span> 6.2 - Impostos<span class=\"_ _1\"></span> diferidos <span class=\"_ _1\"></span> Pressupostos atuar<span class=\"_ _1\"></span>iais 7.2 <span class=\"ff9\">\u2013</span> Benef\u00edc<span class=\"_ _1\"></span>ios aos empregado<span class=\"_ _1\"></span>s Justo valor dos at<span class=\"_ _1\"></span>ivos biol\u00f3gicos<span class=\"_ _1\"></span> 3.8 <span class=\"ff9\">\u2013</span> Ativos b<span class=\"_ _1\"></span>iol\u00f3gicos Reconhecimento <span class=\"_ _1\"></span>de provis\u00f5es<span class=\"_ _1\"></span> 10.1 - Provis\u00f5es<span class=\"_ _1\"></span> Recuperabilidade<span class=\"_ _1\"></span>, vida \u00fatil e depre<span class=\"_ _1\"></span>cia\u00e7\u00e3o <span class=\"_ _1\"></span> 3.3 <span class=\"ff9\">\u2013</span> Ativos f<span class=\"_ _1\"></span>ixos tang\u00edveis<span class=\"_ _1\"></span> de ativos fixos tang<span class=\"_ _1\"></span>\u00edveis<span class=\"_ _1\"></span> ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAssetsAndLiabilitiesWithSignificantRiskOfMaterialAdjustmentExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-46-2": {
   "value": "2.1.<span class=\"ffd ls0\"> <span class=\"_ _40\"></span><span class=\"ff3\">R\u00e9di<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r s<span class=\"_ _3b\"></span>egmen<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s </span></span>Informa\u00e7\u00e3o financeira por segmentos operacionais em 2022 e 2021 2022<span class=\"ls0\"> </span>Pasta Mercado<span class=\"_ _1\"></span> Papel UWF Papel T<span class=\"_ _1\"></span>issue Energia Suporte Elimina\u00e7\u00f5es*<span class=\"_ _1\"></span> Total R\u00c9DITOS   <span class=\"ls0\">Vendas e presta\u00e7\u00f5es de servi\u00e7os - e<span class=\"_ _1\"></span>xternas </span>197<span class=\"ls0\">.416.774  </span>1.<span class=\"ls73\">810</span>.<span class=\"ls73\">953</span>.<span class=\"_ _1\"></span>114  197<span class=\"ls0\">.729.182  </span>258<span class=\"ls0\">.525.621  </span>-  -  2.<span class=\"ls73\">464</span>.<span class=\"ls73\">624</span>.<span class=\"_ _1\"></span>691    <span class=\"ls0\">Vendas e prest. de servi\u00e7os - i<span class=\"_ _1\"></span>ntersegmental </span>3.<span class=\"ls73\">525</span>.438 <span class=\"_ _1\"></span> -  -  66<span class=\"ls0\">.682.677  </span>-  (70.<span class=\"ls73\">208</span>.115) -    <span class=\"ls0\">R\u00e9ditos totais<span class=\"_ _1\"></span> </span>200.942.212  1.810.953.114  197.729.182  325.208.298  -  (70<span class=\"ls0\">.208.115)<span class=\"_ _1\"></span> </span>2.464.624.691  RESULTADOS (1)  <span class=\"ls0\">Resultado operac<span class=\"_ _1\"></span>ional </span>50<span class=\"ls0\">.369.048 <span class=\"_ _1\"></span> </span>533.756.142  31<span class=\"ls0\">.317.216 <span class=\"_ _1\"></span> </span>17<span class=\"ls0\">.749.903 <span class=\"_ _1\"></span> </span>(59<span class=\"ls0\">.732.55<span class=\"_ _1\"></span>6) </span>-  573.459.753    <span class=\"ls0\">Resultados financeiros <span class=\"_ _1\"></span> </span>-  -  -  -  (56.<span class=\"ls73\">983</span>.010)<span class=\"_ _1\"></span> -  (56.<span class=\"ls73\">983</span>.010)<span class=\"_ _1\"></span>   <span class=\"ls0\">Imposto sobre o rendimento<span class=\"_ _1\"></span> </span>-  -  -  -  (123.937.812) -  (123.937.812)   <span class=\"ls0\">Resultado l\u00edq<span class=\"_ _1\"></span>uido do per\u00edodo </span>392.538.931    <span class=\"ls0\">Interesses que n\u00e3o controlam<span class=\"_ _1\"></span> </span>-  -  -  -  (1<span class=\"ls0\">.<span class=\"ls73\">861)</span> </span>-  (1<span class=\"ls0\">.<span class=\"ls73\">861)</span> </span>  <span class=\"ls0\">Resultado atrib<span class=\"_ _1\"></span>u\u00edvel aos detentores do capital<span class=\"_ _1\"></span> </span>- <span class=\"fc2\"> </span>-  -  -  -  -  392.537.070  OUTRAS INFORMA\u00c7\u00d5ES <span class=\"_ _1\"></span> Disp\u00eandio de capital fixo<span class=\"_ _1\"></span> 30<span class=\"ls0\">.490.503  </span>72<span class=\"ls0\">.553.878  </span>4.<span class=\"ls73\">781</span>.955 <span class=\"_ _1\"></span> 2.<span class=\"ls73\">653</span>.157 <span class=\"_ _1\"></span> 1.<span class=\"ls73\">580</span>.813 <span class=\"_ _1\"></span> -  112<span class=\"ls0\">.060.306  </span>Deprecia\u00e7\u00f5es (inclui im<span class=\"_ _1\"></span>paridades) (19.<span class=\"ls73\">691</span>.188) (109.728.670) (10.<span class=\"ls73\">109</span>.208) (20.<span class=\"ls73\">798</span>.940) (949.573) -  (161.277.579) Provis\u00f5es ((aumentos) / revers\u00e3o)<span class=\"_ _1\"></span> (199.913) 2.<span class=\"ls73\">740</span>.699 <span class=\"_ _1\"></span> (732.719) -  (3<span class=\"ls0\">.<span class=\"ls73\">429</span>.514) </span>-  (1<span class=\"ls0\">.<span class=\"ls73\">621</span>.447) </span>OUTRAS INFORMA\u00c7\u00d5ES <span class=\"_ _1\"></span> ATIVOS DO SEGMENTO<span class=\"_ _1\"></span> Goodwill -  376<span class=\"ls0\">.756.383  </span>583<span class=\"ls0\">.083  </span>-  -  -  377<span class=\"ls0\">.339.466  </span>Ativos fixos tang\u00edveis<span class=\"_ _1\"></span> 137<span class=\"ls0\">.589.814  </span>591<span class=\"ls0\">.118.464  </span>144<span class=\"ls0\">.510.785  </span>221<span class=\"ls0\">.718.245  </span>4.<span class=\"ls73\">752</span>.099 <span class=\"_ _1\"></span> -  1.<span class=\"ls73\">099</span>.<span class=\"ls73\">689</span>.<span class=\"_ _1\"></span>407  Ativos sob direito de uso<span class=\"_ _1\"></span> 11<span class=\"ls0\">.682.440  </span>43<span class=\"ls0\">.832.667  </span>-  -  2.<span class=\"ls73\">419</span>.733 <span class=\"_ _1\"></span> -  57<span class=\"ls0\">.934.840  </span>Ativos biol\u00f3gicos<span class=\"_ _1\"></span> 30<span class=\"ls0\">.624.969  </span>91<span class=\"ls0\">.874.905  </span>-  -  -  -  122<span class=\"ls0\">.499.874  </span>Valores a receber n\u00e3o correntes<span class=\"_ _1\"></span> 775<span class=\"ls0\">.481  </span>7.<span class=\"ls73\">537</span>.867 <span class=\"_ _1\"></span> 2.<span class=\"ls73\">208</span>.419 <span class=\"_ _1\"></span> -  14<span class=\"ls0\">.761.092  </span>-  25<span class=\"ls0\">.282.859  </span>Invent\u00e1rios 41<span class=\"ls0\">.478.773  </span>223<span class=\"ls0\">.828.498  </span>28<span class=\"ls0\">.611.744  </span>739<span class=\"ls0\">.390  </span>4.<span class=\"ls73\">070</span>.812 <span class=\"_ _1\"></span> -  298<span class=\"ls0\">.729.217  </span>Clientes 18<span class=\"ls0\">.940.061  </span>240<span class=\"ls0\">.428.617  </span>44<span class=\"ls0\">.400.815  </span>23<span class=\"ls0\">.459.074  </span>14<span class=\"ls0\">.372.891  </span>-  341<span class=\"ls0\">.601.458  </span>Outros valores a receber correntes<span class=\"_ _1\"></span> 15<span class=\"ls0\">.411.876  </span>35<span class=\"ls0\">.500.037  </span>2.<span class=\"ls73\">653</span>.086 <span class=\"_ _1\"></span> 747<span class=\"ls0\">.233  </span>103<span class=\"ls0\">.229.718  </span>-  157<span class=\"ls0\">.541.950  </span>Outros ativos 4.<span class=\"ls73\">172</span>.745 <span class=\"_ _1\"></span> 62<span class=\"ls0\">.146.799  </span>3.<span class=\"ls73\">833</span>.977 <span class=\"_ _1\"></span> -  361<span class=\"ls0\">.255.503  </span>-  431<span class=\"ls0\">.409.024  </span>Ativos totais 260.676.159  1.673.024.237  226.801.909  246.663.942  504.861.848  -  2.912.028.095  PASSIVOS DO SEGMENTO<span class=\"_ _1\"></span> Financiamentos obtidos<span class=\"_ _1\"></span> -  415<span class=\"ls0\">.573  </span>36<span class=\"ls0\">.778.931  </span>-  688<span class=\"ls0\">.107.218  </span>-  725<span class=\"ls0\">.301.722  </span>Passivos de loca\u00e7\u00e3o 12<span class=\"ls0\">.573.057  </span>46<span class=\"ls0\">.522.331  </span>-  -  2.<span class=\"ls73\">545</span>.661 <span class=\"_ _1\"></span> -  61<span class=\"ls0\">.641.049  </span>Outros valores a pagar correntes<span class=\"_ _1\"></span> 74<span class=\"ls0\">.580.924  </span>233<span class=\"ls0\">.992.271  </span>18<span class=\"ls0\">.861.370  </span>7.<span class=\"ls73\">001</span>.916 <span class=\"_ _1\"></span> 241<span class=\"ls0\">.031.208  </span>-  575<span class=\"ls0\">.467.689  </span>Outros passivos 9.<span class=\"ls73\">438</span>.619 <span class=\"_ _1\"></span> 106<span class=\"ls0\">.261.045  </span>12<span class=\"ls0\">.639.180  </span>8.<span class=\"ls73\">029</span>.934 <span class=\"_ _1\"></span> 153<span class=\"ls0\">.541.343  </span>-  289<span class=\"ls0\">.910.121  </span>Passivos totais 96<span class=\"ls0\">.592.600 <span class=\"_ _1\"></span> </span>387.191.220  68<span class=\"ls0\">.279.481 <span class=\"_ _1\"></span> </span>15<span class=\"ls0\">.031.850 <span class=\"_ _1\"></span> </span>1.085.225.430  -  1.652.320.581  * <span class=\"_ _0\"></span>Eli<span class=\"_ _0\"></span>mina<span class=\"ff9\">c<span class=\"_ _0\"></span><span class=\"ff17\">\uee64<span class=\"ff9\">\u00e3<span class=\"ff1\">o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Oper<span class=\"_ _0\"></span>a<span class=\"ff9\">c<span class=\"ff17\">\uee64</span>\u00f5</span>es<span class=\"_ _0\"></span> I<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rse<span class=\"_ _0\"></span>gmen<span class=\"_ _0\"></span>to. <span class=\"_ _0\"></span>Os a<span class=\"_ _0\"></span>just<span class=\"_ _3b\"></span>amento<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onso<span class=\"_ _0\"></span>lida<span class=\"ff9\">c<span class=\"_ _0\"></span><span class=\"ff17\">\uee64<span class=\"ff9\">\u00e3<span class=\"ff1\">o r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>cion<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os c<span class=\"_ _0\"></span>om a<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>ransa<span class=\"_ _3b\"></span>c<span class=\"ff9\">c<span class=\"ff17\">\uee64</span>\u00f5</span>es i<span class=\"_ _0\"></span>nter<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span>gmen<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>is s<span class=\"ff9\">\u00e3<span class=\"_ _0\"></span><span class=\"ff1\">o c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>idera<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> n<span class=\"ff9\">\u00e3<span class=\"_ _0\"></span><span class=\"ff1\">o si<span class=\"_ _0\"></span>gnif<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os. </span></span></span></span></span></span></span></span></span></span></span></span>(1)<span class=\"_ _0\"></span> In<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>i o<span class=\"_ _0\"></span>s efe<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>os <span class=\"ff9\">do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>deri<span class=\"_ _0\"></span>vado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de co<span class=\"_ _0\"></span>bert<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac11<span class=\"_ _0\"></span>.70<span class=\"_ _0\"></span>5.0<span class=\"_ _0\"></span>47 n<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Pa<span class=\"_ _0\"></span>sta <span class=\"_ _0\"></span>para<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span>do,<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>\u20ac18.<span class=\"_ _0\"></span>316.<span class=\"_ _0\"></span>951<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>gmen<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>Pape<span class=\"_ _0\"></span>l UW<span class=\"_ _0\"></span>F <span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span> \u20ac2<span class=\"_ _0\"></span>.388<span class=\"ff1\">.<span class=\"_ _0\"></span>498 <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> seg<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o En<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>gia.<span class=\"_ _0\"></span> O se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>Ene<span class=\"_ _0\"></span>rgia<span class=\"_ _0\"></span> </span></span>inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>i ain<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>os r<span class=\"_ _0\"></span><span class=\"ff9\">\u00e9di<span class=\"_ _0\"></span>tos a<span class=\"_ _3b\"></span>ssocia<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> a ga<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ntia<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> or<span class=\"_ _0\"></span>igem<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac4<span class=\"_ _0\"></span>.809<span class=\"_ _0\"></span>.757<span class=\"_ _0\"></span>. </span>Em <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> <span class=\"ff9\">Th<span class=\"_ _0\"></span>e N<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>igat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>y <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tou<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>me d<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>eg\u00f3<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e \u20ac<span class=\"_ _0\"></span>2.<span class=\"_ _0\"></span>46<span class=\"_ _0\"></span>4.62<span class=\"_ _0\"></span>4.6<span class=\"_ _0\"></span>91,<span class=\"_ _0\"></span> </span>ul<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>san<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la p<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> hi<span class=\"_ _0\"></span>st\u00f3<span class=\"_ _0\"></span>ria <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>bar<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>s mil<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ilh<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>uros<span class=\"_ _0\"></span>, te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>pel <span class=\"_ _0\"></span>rep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 73<span class=\"_ _0\"></span>% d<span class=\"_ _0\"></span>o vo<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>\u00f3ci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> (v<span class=\"_ _0\"></span>s.7<span class=\"_ _0\"></span>2%)<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>s ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>8% <span class=\"_ _0\"></span>(v<span class=\"_ _0\"></span>s.1<span class=\"_ _0\"></span>1%)<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>e<span class=\"ff1\"> <span class=\"_ _0\"></span>8% (<span class=\"_ _0\"></span>vs.<span class=\"_ _0\"></span>9%<span class=\"_ _0\"></span>) e<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>10%<span class=\"_ _0\"></span> </span></span>(v<span class=\"_ _0\"></span>s.8<span class=\"_ _0\"></span>%)<span class=\"_ _0\"></span>.  O a<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>cou<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>arc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>uma <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>ntu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cert<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>a ge<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ol\u00edt<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> mac<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>on\u00f3m<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> Ucr<span class=\"_ _0\"></span>\u00e2ni<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a R<span class=\"_ _0\"></span>\u00fassi<span class=\"_ _0\"></span>a,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>lexo<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a, l<span class=\"_ _0\"></span>og\u00ed<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ica <span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>\u00e9r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span>-p<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>as. <span class=\"_ _0\"></span>Os<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aba<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>og\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> fiz<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ve <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Eu<span class=\"_ _0\"></span>ropa<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>nali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>of<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>on\u00edv<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>, ta<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pape<span class=\"_ _0\"></span>l,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ibui<span class=\"_ _0\"></span>u par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ncom<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>tore<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s te<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntre<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>issem<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> hi<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>e ve<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>fica<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>aume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pre<span class=\"_ _0\"></span>\u00e7os<span class=\"_ _0\"></span>. J<span class=\"_ _0\"></span>\u00e1 n<span class=\"_ _0\"></span>a se<span class=\"_ _0\"></span>gun<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>tade<span class=\"_ _3b\"></span> do <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ios <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>dam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> econ<span class=\"_ _0\"></span>\u00f3m<span class=\"_ _0\"></span>ico<span class=\"_ _0\"></span> le<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00fabita<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ocu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> nu<span class=\"_ _0\"></span>m mom<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>cks<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stav<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>se a<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma re<span class=\"_ _0\"></span>gul<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>r\u00e1p<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>eia<span class=\"_ _0\"></span>s lo<span class=\"_ _0\"></span>g\u00eds<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>. Ao <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ngo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>tiu<span class=\"_ _0\"></span>-se,<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> cre<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pape<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>do r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>suce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>\u00e7os<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e UW<span class=\"_ _0\"></span>F,<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>e <span class=\"ff7\">t<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e<span class=\"ff1\"> a<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ar c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>otimi<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> </span></span>ex<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>x d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>vend<span class=\"_ _0\"></span>as. A a<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>nha<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ne<span class=\"_ _0\"></span>g\u00f3<span class=\"_ _0\"></span>cio <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> <span class=\"ff7\">p<span class=\"_ _0\"></span>ack<span class=\"_ _0\"></span>agi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span><span class=\"ff1\"> con<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>idar<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>atin<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o </span></span>ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s <span class=\"ff9\">s<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>a \u20ac<span class=\"_ _0\"></span><span class=\"ff1\"> <span class=\"ls16\">90</span> <span class=\"ls8d\">mi<span class=\"_ _0\"></span><span class=\"ls0\">lh\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> emb<span class=\"_ _0\"></span>ala<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m, <span class=\"_ _0\"></span>dupl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s </span></span></span></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21.<span class=\"_ _0\"></span> Es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>\u00e1re<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> neg<span class=\"_ _0\"></span>\u00f3c<span class=\"_ _0\"></span>io,<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>tual<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>env<span class=\"_ _0\"></span>olvi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o, e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ra-<span class=\"_ _0\"></span>se in<span class=\"_ _0\"></span>clu\u00ed<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gm<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Pape<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>UWF<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span>, \u00e0<span class=\"_ _0\"></span> lu<span class=\"_ _0\"></span>z <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>IFR<span class=\"_ _0\"></span>S 8<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>mar<span class=\"_ _0\"></span>es qu<span class=\"_ _0\"></span>anti<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>g\u00f3ci<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> nat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>imil<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Pap<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>UWF<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>lha<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>um c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>jun<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>roc<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odut<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e com<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>. O v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>otal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>oi d<span class=\"_ _0\"></span>e \u20ac<span class=\"_ _0\"></span>258<span class=\"_ _0\"></span>.5<span class=\"_ _0\"></span>25.<span class=\"_ _0\"></span>621<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> a \u20ac135<span class=\"ff1 ls0\">.17<span class=\"_ _0\"></span>3.<span class=\"_ _0\"></span>674<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span>, do<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e 7<span class=\"_ _0\"></span>0% <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>v\u00e9<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>fon<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>enov<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>ribu<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>do </span>ass<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>s\u00edg<span class=\"_ _0\"></span>nios<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>arb<span class=\"_ _0\"></span>oni<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pa\u00ed<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> Es<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sult<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>esse<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ialm<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e<span class=\"ls10\">, </span>do<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>coger<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m ve<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>tali<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> Adi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>alme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>\u00e9m<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cic<span class=\"_ _0\"></span>lo c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>bin<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>g\u00e1s <span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Se<span class=\"_ _0\"></span>t\u00fa<span class=\"_ _0\"></span>bal,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue j<span class=\"_ _0\"></span>\u00e1 s<span class=\"_ _0\"></span>e en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gim<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>vend<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>let<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>u n<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>urs<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span> tot<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>.  O d<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>p\u00ean<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>xo <span class=\"_ _0\"></span>em 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 <span class=\"_ _0\"></span>situ<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>-<span class=\"ff9\">se<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> \u20ac<span class=\"ff1\">1<span class=\"_ _0\"></span>12<span class=\"_ _0\"></span>.060<span class=\"_ _0\"></span>.3<span class=\"_ _0\"></span>06,<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ompa<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m </span></span>\u20ac<span class=\"ff1\">8<span class=\"_ _0\"></span>0.0<span class=\"_ _0\"></span>33<span class=\"_ _0\"></span>.573<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ior.<span class=\"_ _0\"></span> Es<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ui,<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>iori<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te,<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos </span>di<span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>nut<span class=\"_ _0\"></span>en\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odut<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>a, m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>niz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>pame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>lhor<span class=\"_ _3b\"></span>ia de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>fici<span class=\"_ _0\"></span>\u00eanc<span class=\"_ _0\"></span>ia.<span class=\"_ _0\"></span> Ce<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 3<span class=\"_ _0\"></span>5%<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span>l t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>riz<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>bie<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>al, <span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>de se<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>clue<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>jet<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>ntai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>boniz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>do n<span class=\"_ _0\"></span>ovo<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>mad<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>Fig<span class=\"_ _0\"></span>uei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> Fo<span class=\"_ _0\"></span>z, d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>a li<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>vap<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>Ave<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>o e <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ui\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ldei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> fue<span class=\"_ _0\"></span>l\u00f3l<span class=\"_ _0\"></span>eo<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> Se<span class=\"_ _0\"></span>t\u00fa<span class=\"_ _0\"></span>bal<span class=\"_ _0\"></span>. 2021<span class=\"ls0\"> </span>Pasta Mercado<span class=\"_ _1\"></span> Papel UWF Papel <span class=\"ff8\">T<span class=\"_ _1\"></span>issue</span> Energia Suporte Elimina\u00e7\u00f5es*<span class=\"_ _1\"></span> Total R\u00c9DITOS   <span class=\"ls0\">Vendas e presta\u00e7\u00f5es de servi\u00e7os - e<span class=\"_ _1\"></span>xternas </span>161<span class=\"ls0\">.241.425  </span>1.<span class=\"ls73\">153</span>.<span class=\"ls73\">642</span>.<span class=\"_ _1\"></span>635  145<span class=\"ls0\">.812.710  </span>135<span class=\"ls0\">.173.675  </span>-  -  1.<span class=\"ls73\">595</span>.<span class=\"ls73\">870</span>.<span class=\"_ _1\"></span>445    <span class=\"ls0\">Vendas e prest. de servi\u00e7os - i<span class=\"_ _1\"></span>ntersegmental </span>2.<span class=\"ls73\">428</span>.613 <span class=\"_ _1\"></span> -  -  36<span class=\"ls0\">.257.669  </span>-  (38.<span class=\"ls73\">686</span>.282) -    <span class=\"ls0\">R\u00e9ditos totais<span class=\"_ _1\"></span> </span>163.670.038  1.153.642.635  145.812.710  171.431.344  -  (38<span class=\"ls0\">.686.282)<span class=\"_ _1\"></span> </span>1.595.870.445  RESULTADOS   <span class=\"ls0\">Resultado operac<span class=\"_ _1\"></span>ional </span>40<span class=\"ls0\">.791.295 <span class=\"_ _1\"></span> </span>206.643.550  18<span class=\"ls0\">.996.161 <span class=\"_ _1\"></span> </span>8.312.210 (45<span class=\"ls0\">.169.17<span class=\"_ _1\"></span>5) </span>-  229.574.041    <span class=\"ls0\">Resultados financeiros <span class=\"_ _1\"></span> </span>-  -  -  -  (17.<span class=\"ls73\">777</span>.209)<span class=\"_ _1\"></span> -  (17.<span class=\"ls73\">777</span>.209)<span class=\"_ _1\"></span>   <span class=\"ls0\">Imposto sobre o rendimento<span class=\"_ _1\"></span> </span>-  -  -  -  (40.<span class=\"ls73\">378</span>.319)<span class=\"_ _1\"></span> -  (40.<span class=\"ls73\">378</span>.319)<span class=\"_ _1\"></span>   <span class=\"ls0\">Resultado l\u00edq<span class=\"_ _1\"></span>uido do per\u00edodo </span>171<span class=\"ls0\">.418.513  </span>  <span class=\"ls0\">Interesses que n\u00e3o controlam<span class=\"_ _1\"></span> </span>-  -  -  -  (7<span class=\"ls0\">.<span class=\"ls73\">058)</span> </span>-  (7<span class=\"ls0\">.<span class=\"ls73\">058)</span> </span>  <span class=\"ls0\">Resultado atrib<span class=\"_ _1\"></span>u\u00edvel aos detentores do capital<span class=\"_ _1\"></span> </span>-  -  -  -  -  -  171.411.455  OUTRAS INFORMA\u00c7\u00d5ES <span class=\"_ _1\"></span> Disp\u00eandio de capital fixo<span class=\"_ _1\"></span> 17<span class=\"ls0\">.547.329  </span>49<span class=\"ls0\">.476.764  </span>4.<span class=\"ls73\">574</span>.712 <span class=\"_ _1\"></span> 6.<span class=\"ls73\">547</span>.053 <span class=\"_ _1\"></span> 1.<span class=\"ls73\">887</span>.715 <span class=\"_ _1\"></span> -  80<span class=\"ls0\">.033.573  </span>Deprecia\u00e7\u00f5es (inclui im<span class=\"_ _1\"></span>paridades) (10.<span class=\"ls73\">819</span>.597) (74.<span class=\"ls73\">302</span>.895) (10.<span class=\"ls73\">114</span>.964) (25.<span class=\"ls73\">860</span>.263) (901.626) -  (121.999.345) Provis\u00f5es ((aumentos) / revers\u00e3o)<span class=\"_ _1\"></span> (12.<span class=\"ls73\">000)</span> (2<span class=\"ls0\">.<span class=\"ls73\">839</span>.925) </span>-  (36.<span class=\"ls73\">000)</span> (255.019) -  (3<span class=\"ls0\">.<span class=\"ls73\">142</span>.944) </span>OUTRAS INFORMA\u00c7\u00d5ES <span class=\"_ _1\"></span> ATIVOS DO SEGMENTO<span class=\"_ _1\"></span> Goodwill -  376<span class=\"ls0\">.756.383  </span>583<span class=\"ls0\">.083  </span>-  -  -  377<span class=\"ls0\">.339.466  </span>Ativos fixos tang\u00edveis<span class=\"_ _1\"></span> 133<span class=\"ls0\">.660.639  </span>630<span class=\"ls0\">.275.868  </span>150<span class=\"ls0\">.555.169  </span>226<span class=\"ls0\">.611.114  </span>4.<span class=\"ls73\">141</span>.717 <span class=\"_ _1\"></span> -  1.<span class=\"ls73\">145</span>.<span class=\"ls73\">244</span>.<span class=\"_ _1\"></span>507  Ativos sob direito de uso<span class=\"_ _1\"></span> 10<span class=\"ls0\">.318.973  </span>37<span class=\"ls0\">.985.826  </span>-  -  2.<span class=\"ls73\">888</span>.159 <span class=\"_ _1\"></span> -  51<span class=\"ls0\">.192.959  </span>Ativos biol\u00f3gicos<span class=\"_ _1\"></span> 36<span class=\"ls0\">.885.846  </span>110<span class=\"ls0\">.438.215  </span>-  -  -  -  147<span class=\"ls0\">.324.061  </span>Valores a receber n\u00e3o correntes<span class=\"_ _1\"></span> 74<span class=\"ls0\">.861  </span>530<span class=\"ls0\">.535  </span>91<span class=\"ls0\">.076  </span>-  7.<span class=\"ls73\">908</span>.076 <span class=\"_ _1\"></span> -  8.<span class=\"ls73\">604</span>.547 <span class=\"_ _1\"></span> Invent\u00e1rios 12<span class=\"ls0\">.607.349  </span>151<span class=\"ls0\">.206.224  </span>21<span class=\"ls0\">.445.680  </span>498<span class=\"ls0\">.296  </span>793<span class=\"ls0\">.109  </span>-  186<span class=\"ls0\">.550.658  </span>Clientes 27<span class=\"ls0\">.516.273  </span>144<span class=\"ls0\">.048.402  </span>31<span class=\"ls0\">.270.504  </span>791<span class=\"ls0\">.242  </span>7.<span class=\"ls73\">162</span>.662 <span class=\"_ _1\"></span> -  210<span class=\"ls0\">.789.083  </span>Outros valores a receber correntes<span class=\"_ _1\"></span> 3.<span class=\"ls73\">812</span>.894 <span class=\"_ _1\"></span> 23<span class=\"ls0\">.355.908  </span>3.<span class=\"ls73\">106</span>.937 <span class=\"_ _1\"></span> 2.<span class=\"ls73\">021</span>.281 <span class=\"_ _1\"></span> 74<span class=\"ls0\">.796.656  </span>-  107<span class=\"ls0\">.093.677  </span>Outros ativos 1.<span class=\"ls73\">053</span>.682 <span class=\"_ _1\"></span> 48<span class=\"ls0\">.859.236  </span>1.<span class=\"ls73\">347</span>.605 <span class=\"_ _1\"></span> 38<span class=\"ls0\">.500  </span>241<span class=\"ls0\">.873.570  </span>-  293<span class=\"ls0\">.172.593  </span>Ativos totais 225.930.518  1.523.456.596  208.400.055  229.960.433  339.563.949  -  2.527.311.551  Financiamentos obtidos<span class=\"_ _1\"></span> -  554<span class=\"ls0\">.367  </span>35<span class=\"ls0\">.647.751  </span>-  797<span class=\"ls0\">.741.932  </span>-  833<span class=\"ls0\">.944.049  </span>Passivos de loca\u00e7\u00e3o 10<span class=\"ls0\">.792.437  </span>39<span class=\"ls0\">.443.439  </span>-  -  3.<span class=\"ls73\">005</span>.049 <span class=\"_ _1\"></span> -  53<span class=\"ls0\">.240.925  </span>Outros valores a pagar correntes<span class=\"_ _1\"></span> 35<span class=\"ls0\">.865.521  </span>214<span class=\"ls0\">.109.691  </span>14<span class=\"ls0\">.194.351  </span>1.<span class=\"ls73\">942</span>.885 <span class=\"_ _1\"></span> 127<span class=\"ls0\">.049.446  </span>-  393<span class=\"ls0\">.161.894 </span>Outros passivos 12<span class=\"ls0\">.841.723  </span>103<span class=\"ls0\">.296.985  </span>12<span class=\"ls0\">.832.704  </span>9.<span class=\"ls73\">596</span>.076 <span class=\"_ _1\"></span> 63<span class=\"ls0\">.283.115  </span>-  201<span class=\"ls0\">.850.603  </span>Passivos totais 59<span class=\"ls0\">.499.681 <span class=\"_ _1\"></span> </span>357.404.481  62<span class=\"ls0\">.674.806 <span class=\"_ _1\"></span> </span>11<span class=\"ls0\">.538.961 <span class=\"_ _1\"></span> </span>991.079.541  -  1.482.197.471  * <span class=\"_ _0\"></span>Eli<span class=\"_ _0\"></span>mina\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Oper<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es I<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rse<span class=\"_ _0\"></span>gmen<span class=\"_ _0\"></span>to. <span class=\"_ _0\"></span>Os a<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da\u00e7\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>lac<span class=\"_ _0\"></span>iona<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m as t<span class=\"_ _0\"></span>ransa<span class=\"_ _3b\"></span>\u00e7\u00f5es <span class=\"_ _0\"></span>inters<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>menta<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>derad<span class=\"_ _0\"></span>os n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>cat<span class=\"_ _0\"></span>ivos<span class=\"_ _0\"></span>. <span class=\"_ _a4\"> </span> ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEntitysReportableSegmentsExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-45-3": {
   "value": "Pol\u00edticas Contabil\u00edsticas \u00c1re<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>eg\u00f3<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or A p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>pal<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iste<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rodu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>ess\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _3b\"></span> escri<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>(U<span class=\"_ _0\"></span>WF)<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> us<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>om\u00e9<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>(<span class=\"ff7\">ti<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ue<span class=\"ff1\">)<span class=\"_ _0\"></span>, es<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ese<span class=\"_ _3b\"></span>nte de<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a </span></span>re<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sde<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tiga<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>lvi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>\u00e0 p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7\u00e3o<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>aq<span class=\"_ _0\"></span>uisi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o e <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nda <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>mad<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>past<span class=\"_ _0\"></span>a b<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nqu<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> euc<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>pto<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013</span> p<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ta BEK<span class=\"_ _0\"></span>P <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gia <span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>el\u00e9<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ca,<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>come<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za\u00e7\u00e3<span class=\"_ _0\"></span>o. </span></span>O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>\u00f5e <span class=\"_ _0\"></span>de q<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ompl<span class=\"_ _0\"></span>exo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>is, <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uais<span class=\"_ _0\"></span> l<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>aliza<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s na<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>guei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Fo<span class=\"_ _0\"></span>z e<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Set<span class=\"_ _0\"></span>\u00fabal<span class=\"_ _0\"></span> on<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>z p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a B<span class=\"_ _0\"></span>EK<span class=\"_ _0\"></span>P, <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>l\u00e9t<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l UW<span class=\"_ _0\"></span>F.<span class=\"_ _0\"></span> Di<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>\u00f5e ain<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>lex<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>ndu<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>izad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Av<span class=\"_ _0\"></span>eiro<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>z <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>BEK<span class=\"_ _0\"></span>P, e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ue<span class=\"ff1\">, <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Vil<span class=\"_ _0\"></span>a V<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>R\u00f3d<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uz<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ssue<span class=\"_ _0\"></span><span class=\"ff1 ls10\">. <span class=\"ls0\"> </span></span></span></span></span>A p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>mad<span class=\"_ _0\"></span>eira<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m pl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> ter<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>rios<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> arr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s em<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>ortug<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> Es<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>ha,<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o em <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>cess<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>situ<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os em<span class=\"_ _0\"></span> Mo<span class=\"_ _0\"></span>\u00e7am<span class=\"_ _0\"></span>biq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> pi<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros,<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> a m<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>euc<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>pto<span class=\"_ _0\"></span> \u00e9 e<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>sum<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>BEK<span class=\"_ _0\"></span>P.<span class=\"_ _0\"></span> Na <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>WF<span class=\"_ _0\"></span> e d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span><span class=\"ff7\">tiss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span><span class=\"ff1\"> \u00e9 <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>mid<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>te s<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>nif<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>pr\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> </span></span>pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>BEK<span class=\"_ _0\"></span>P. <span class=\"_ _0\"></span>As <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>BEK<span class=\"_ _0\"></span>P, <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>WF e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>el <span class=\"ff7\">t<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span><span class=\"ff1\"> <span class=\"ff9\">\u2013</span> <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>30<span class=\"_ _0\"></span> </span></span>pa\u00ed<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>it\u00f3r<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m t<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>mun<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>. No<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>\u00e0 pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>sui<span class=\"_ _0\"></span> 3 c<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>oge<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>na pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>zind<span class=\"_ _0\"></span>o-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>vap<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>trici<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>, se<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>umi<span class=\"_ _0\"></span>do in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>e a <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> mai<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>itar<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>ndid<span class=\"_ _0\"></span>a \u00e0<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>onal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>u em me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>sui<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> g\u00e1<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>int<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as na <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l n<span class=\"_ _0\"></span>a F<span class=\"_ _0\"></span>igue<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Foz <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Set<span class=\"_ _0\"></span>\u00fab<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> e d<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rais<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>pen<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ntes,<span class=\"_ _0\"></span> ali<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> bi<span class=\"_ _0\"></span>oma<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>iam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te,<span class=\"_ _0\"></span> \u00e0 r<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al de<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>gia <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado.<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>i a<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>tr\u00ea<span class=\"_ _0\"></span>s ce<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rai<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>oto<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a au<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sumo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>duas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m Set<span class=\"_ _0\"></span>\u00fab<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Fig<span class=\"_ _0\"></span>uei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>Foz<span class=\"_ _0\"></span>. Re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>egme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>rig<span class=\"_ _0\"></span>o da <span class=\"_ _0\"></span>IFR<span class=\"_ _0\"></span>S 8<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mpo<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>env<span class=\"_ _0\"></span>olv<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ativi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ne<span class=\"_ _0\"></span>g\u00f3<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ual <span class=\"_ _0\"></span>pode<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>bt<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>r\u00e9d<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>rer<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> cuj<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nais<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a Co<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> Ex<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>va,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>qual<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> a pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cipal<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>omad<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>cis<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>onai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra e<span class=\"_ _0\"></span>fei<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>oma<span class=\"_ _0\"></span>da de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>s\u00f5es<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a im<span class=\"_ _0\"></span>put<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>urs<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> seg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> e d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>aval<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ho <span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>\u00e0 q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>ja<span class=\"_ _0\"></span> dis<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>n\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>isti<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>a. Cad<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>t\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>roc<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>egr<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>dut<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cada <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gm<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>\u00f3cio<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>(Pa<span class=\"_ _0\"></span>sta <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>do,<span class=\"_ _0\"></span> Pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> UW<span class=\"_ _0\"></span>F, <span class=\"_ _0\"></span>Pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> Ti<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>e<span class=\"ff1\"> <span class=\"_ _0\"></span>e E<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gia<span class=\"_ _0\"></span>) c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>side<span class=\"_ _0\"></span>rand<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pet<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cado<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>e </span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iste<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> pel<span class=\"_ _0\"></span>a Co<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss\u00e3o<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>xec<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nit<span class=\"_ _0\"></span>oriz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>acio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s ne<span class=\"_ _0\"></span>g\u00f3<span class=\"_ _0\"></span>cios<span class=\"_ _0\"></span>. Ne<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>, as<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> int<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>aq<span class=\"_ _0\"></span>uel<span class=\"_ _0\"></span>as qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>oco<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>esmo<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>ple<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>abril<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ujo<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span>.  <span class=\"_ _0\"></span>De<span class=\"_ _0\"></span>sta <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>, os<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>epo<span class=\"_ _0\"></span>rta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal <span class=\"_ _0\"></span>resu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>da agr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> uni<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>g\u00f3<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>i\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>fini<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>met<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to,<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>trans<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>segm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>.  As <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ers<span class=\"_ _0\"></span>egm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>m \u00e0<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntre<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>g\u00f3c<span class=\"_ _0\"></span>io,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>as me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>mina<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>feit<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> efe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>olun<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e \u201cEl<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s\u201d.<span class=\"_ _0\"></span> N<span class=\"ff1\">a<span class=\"_ _0\"></span> ag<span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>acio<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>niu<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o </span>se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>at\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>quel<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>spon<span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s \u00e1<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> neg<span class=\"_ _0\"></span>\u00f3ci<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>e<span class=\"lsd\">: </span> i.<span class=\"ffb ls0\"> <span class=\"_ _3d\"> </span><span class=\"ff1\">Pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>Me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> br<span class=\"_ _0\"></span>anq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> eu<span class=\"_ _0\"></span>cali<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>o B<span class=\"_ _0\"></span>EKP<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado;<span class=\"_ _0\"></span> </span></span></span></span>ii.<span class=\"ffb ls0\"> <span class=\"_ _3d\"> </span><span class=\"ff1\">Pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> UW<span class=\"_ _0\"></span>F <span class=\"_ _0\"></span>- p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pap<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pres<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>scri<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>do </span></span>UW<span class=\"_ _0\"></span>F; iii<span class=\"_ _0\"></span>.<span class=\"ffb\"> <span class=\"_ _a2\"> </span></span>Pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>e<span class=\"ff1\"> -<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pap<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>so d<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>\u00e9s<span class=\"_ _0\"></span>tico<span class=\"_ _0\"></span>;  </span></span>iv<span class=\"_ _0\"></span>.<span class=\"ffb\"> <span class=\"_ _a2\"> </span></span>Ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>bio<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nclui<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>trai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>a co<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>rai<span class=\"_ _0\"></span>s </span></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>oel<span class=\"_ _0\"></span>\u00e9tr<span class=\"_ _0\"></span>icas<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ndep<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>; v.<span class=\"ffb ls0\"> <span class=\"_ _a2\"> </span><span class=\"ff1\">Supo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>e -<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>incl<span class=\"_ _0\"></span>ui <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntro<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>orp<span class=\"_ _0\"></span>orat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o (h<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>a<span class=\"lsd\">).</span> </span></span>No<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>\u00e0 a<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>\u00f3ci<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>alie<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>a-se<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>: \uf0b7<span class=\"ffb\"> <span class=\"_ _47\"> </span><span class=\"ff1 fc6\">Todo<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>equi<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>eto<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Pape<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>UWF <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tram<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu\u00edd<span class=\"_ _0\"></span>os </span></span>nos<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fix<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>ng\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pet<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>. \uf0b7<span class=\"ffb\"> <span class=\"_ _47\"> </span><span class=\"ff1 fc6\">O pat<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>m\u00f3<span class=\"_ _0\"></span>nio<span class=\"_ _0\"></span> imo<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>i\u00e1ri<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>eto<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> seg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>g\u00f3<span class=\"_ _0\"></span>cio.<span class=\"_ _0\"></span> </span></span>\uf0b7<span class=\"ffb\"> <span class=\"_ _47\"> </span><span class=\"ff1 fc6\">Os at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00e0 f<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e af<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ao<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span>gm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> Pap<span class=\"_ _0\"></span>el </span></span>UW<span class=\"_ _0\"></span>F e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>fun<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>apac<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>utiv<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os. \uf0b7<span class=\"ffb\"> <span class=\"_ _47\"> </span><span class=\"ff1 fc6\">A ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>rali<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>afet<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a um<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> seg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>uali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>com </span></span>ex<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>eber<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e1 <span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Port<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>al.  \uf0b7<span class=\"ffb\"> <span class=\"_ _47\"> </span><span class=\"ff1 fc6\">De ac<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a po<span class=\"_ _0\"></span>l\u00edti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r, <span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>\u00e9sti<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>s </span></span>s\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra\u00ed<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span> Hol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A., <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>a tot<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>d\u00edvi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ncar<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>Ne<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s ob<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 5.7<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span><span class=\"ff9\">alo<span class=\"_ _0\"></span>cado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e \u201c<span class=\"_ _0\"></span>Sup<span class=\"_ _0\"></span>orte<span class=\"_ _0\"></span>\u201d, <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>ui <span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> </span>cor<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o (H<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a) d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>exce<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>subs<span class=\"_ _0\"></span>\u00eddi<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>mbo<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>o \u00e0 c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>\u00e1b<span class=\"_ _0\"></span>rica <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> <span class=\"ff7\">t<span class=\"_ _0\"></span>issu<span class=\"_ _0\"></span>e<span class=\"ff9\">,<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ocad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gmen<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>\u201cPa<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>l <span class=\"ff7\">T<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>sue<span class=\"_ _0\"></span><span class=\"ff9\">\u201d e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> </span></span></span></span>par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o su<span class=\"_ _0\"></span>bs\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span> \u201cIn<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>s\u201d <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gm<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span> \u201cP<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> UWF<span class=\"_ _0\"></span>\u201d<span class=\"ff1\">. </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForSegmentReportingExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-48-3": {
   "value": "R\u00e9<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>o  O r<span class=\"_ _0\"></span>\u00e9d<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>raci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> \u00e1re<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>\u00e1fic<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>\u00eds d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>ns <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>vi\u00e7<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po. Os <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>come<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>Cli<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e \u00e0<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>utos<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span><span class=\"ff7\">ti<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>e<span class=\"ff1\"> e<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gia, <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>num<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xt<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>mit<span class=\"_ _0\"></span>ada a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>nsp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>esse<span class=\"_ _0\"></span>s </span></span>pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>s, q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l.  O r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>heci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> r\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>to e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ciona<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>scre<span class=\"_ _0\"></span>ve-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>: Pasta para O r\u00e9dito da pasta,<span class=\"_ _1\"></span> resulta das ven<span class=\"_ _1\"></span>das efetuadas a pr<span class=\"_ _1\"></span>odutores internaciona<span class=\"_ _1\"></span>is de pape<span class=\"_ _1\"></span>l e de d\u00e9cor<span class=\"_ _1\"></span>.<span class=\"_ _1\"></span> O r\u00e9dito \u00e9 reconhe<span class=\"_ _1\"></span>cido Mercado num momento espec<span class=\"_ _1\"></span>\u00edfico, pelo mon<span class=\"_ _1\"></span>tante da obriga\u00e7\u00e3o <span class=\"_ _1\"></span>de performan<span class=\"_ _1\"></span>ce satisfeita,<span class=\"_ _1\"></span> correspondendo o pr<span class=\"_ _1\"></span>e\u00e7o da transa\u00e7\u00e3o a uma quantia fixa<span class=\"_ _1\"></span> faturada em fun<span class=\"_ _1\"></span>\u00e7\u00e3o das quantidade<span class=\"_ _1\"></span>s vendidas, ded<span class=\"_ _1\"></span>uzida de descont<span class=\"_ _1\"></span>os de pronto pag<span class=\"_ _1\"></span>amento e descontos de quant<span class=\"_ _1\"></span>idade, que s<span class=\"_ _1\"></span>\u00e3o determin\u00e1ve<span class=\"_ _1\"></span>is com fiabil<span class=\"_ _1\"></span>idade. Na vertente<span class=\"_ _1\"></span> da exporta\u00e7\u00e3o, a trans<span class=\"_ _1\"></span>fer\u00eancia de control<span class=\"_ _1\"></span>o dos produtos ocorre na<span class=\"_ _1\"></span> sua general<span class=\"_ _1\"></span>idade quando ex<span class=\"_ _1\"></span>iste transfer\u00eanci<span class=\"_ _1\"></span>a de controlo para o<span class=\"_ _1\"></span> cliente, confo<span class=\"_ _1\"></span>rme os <span class=\"_ _45\"></span><span class=\"ff7\">Incoterms</span> negociados. <span class=\"_ _1\"></span> UWF O r\u00e9dito de pa<span class=\"_ _1\"></span>pel, refere-se<span class=\"_ _1\"></span> \u00e0s vendas efetua<span class=\"_ _1\"></span>das atrav\u00e9s de Di<span class=\"_ _1\"></span>stribuidores co<span class=\"_ _1\"></span>merciais (B2B) os<span class=\"_ _1\"></span> quais inclue<span class=\"_ _1\"></span>m grandes distribuidores, <span class=\"_ _1\"></span>grossistas ou ope<span class=\"_ _1\"></span>radores comercia<span class=\"_ _1\"></span>is. O r\u00e9dito \u00e9 recon<span class=\"_ _1\"></span>hecido num momento<span class=\"_ _1\"></span> espec\u00edfico,<span class=\"_ _1\"></span> na data da entrega do produto ao cliente<span class=\"_ _1\"></span> quando o<span class=\"_ _1\"></span>corre a transfer\u00ean<span class=\"_ _1\"></span>cia de contro<span class=\"_ _1\"></span>lo, pelo montante<span class=\"_ _1\"></span> da obriga\u00e7\u00e3o <span class=\"_ _1\"></span>de performance <span class=\"_ _1\"></span>satisfeita, sendo que o pre\u00e7<span class=\"_ _1\"></span>o da transa\u00e7\u00e3o c<span class=\"_ _1\"></span>orresponde a uma qua<span class=\"_ _1\"></span>ntia fixa fatu<span class=\"_ _1\"></span>rada em fun\u00e7\u00e3o das<span class=\"_ _1\"></span> quantidades vend<span class=\"_ _1\"></span>idas, deduzida de descontos de pront<span class=\"_ _1\"></span>o pagamento e <span class=\"_ _1\"></span>descontos de qua<span class=\"_ _1\"></span>nt<span class=\"_ _1\"></span>idade, que s\u00e3o dete<span class=\"_ _1\"></span>rmin\u00e1veis co<span class=\"_ _1\"></span>m fiabilidade.<span class=\"_ _1\"></span>  Tissue O r\u00e9dito de <span class=\"ff7\">tis<span class=\"_ _1\"></span>sue</span> resulta das<span class=\"_ _1\"></span> vendas de papel<span class=\"_ _1\"></span> <span class=\"ff7\">tissue</span> pr<span class=\"_ _1\"></span>oduzido par<span class=\"_ _1\"></span>a a marca pr\u00f3pr<span class=\"_ _1\"></span>ia de redes de ret<span class=\"_ _1\"></span>alho moderno nacionais e inter<span class=\"_ _1\"></span>nacionais. O r\u00e9d<span class=\"_ _1\"></span>ito \u00e9 reconhec<span class=\"_ _1\"></span>ido num momento e<span class=\"_ _1\"></span>spec\u00edfico, pe<span class=\"_ _1\"></span>lo montante da<span class=\"_ _1\"></span> obriga\u00e7\u00e3o de perfor<span class=\"_ _1\"></span>mance satisfeita, sendo <span class=\"_ _1\"></span>que o pre\u00e7o da tr<span class=\"_ _1\"></span>ansa\u00e7\u00e3o corresponde<span class=\"_ _1\"></span> a uma quant<span class=\"_ _1\"></span>ia fixa fatur<span class=\"_ _45\"></span>ada em fun\u00e7\u00e3o das <span class=\"_ _1\"></span>quantidade<span class=\"_ _1\"></span>s vendidas, deduz<span class=\"_ _1\"></span>ida de desconto<span class=\"_ _1\"></span>s de pronto paga<span class=\"_ _1\"></span>mento e descontos <span class=\"_ _1\"></span>de quantidade, que<span class=\"_ _1\"></span> s\u00e3o determina<span class=\"_ _1\"></span>dos com fiabilidade. O<span class=\"_ _1\"></span> r\u00e9dito \u00e9 reconheci<span class=\"_ _1\"></span>do contra a entrega <span class=\"_ _1\"></span>do produto, data<span class=\"_ _1\"></span> em que se cons<span class=\"_ _1\"></span>idera existir a tran<span class=\"_ _1\"></span>sfer\u00eancia do controlo sobre o <span class=\"_ _1\"></span>produto.<span class=\"_ _1\"></span> Energia O r\u00e9dito de energ<span class=\"_ _1\"></span>ia resulta da val<span class=\"_ _1\"></span>oriza\u00e7\u00e3o da ene<span class=\"_ _1\"></span>rgia entregue na <span class=\"_ _1\"></span>Rede naciona<span class=\"_ _1\"></span>l de Energia ou<span class=\"_ _1\"></span> vendida em merca<span class=\"_ _1\"></span>do, conforme contagem<span class=\"_ _1\"></span> em contador, <span class=\"_ _1\"></span>valorizada \u00e0 tar<span class=\"_ _1\"></span>ifa definida no <span class=\"_ _1\"></span>contrato para um per<span class=\"_ _1\"></span>\u00edodo de 25 ano<span class=\"_ _1\"></span>s em curso no primeiro caso ou a<span class=\"_ _1\"></span>o pre\u00e7o de merc<span class=\"_ _1\"></span>ado no segundo<span class=\"_ _1\"></span> caso.<span class=\"_ _1\"></span> A partir de novembr<span class=\"_ _1\"></span>o de 2021, fac<span class=\"_ _1\"></span>e \u00e0 volatilidade<span class=\"_ _1\"></span> dos pre\u00e7os de <span class=\"_ _1\"></span>mercado da energia<span class=\"_ _1\"></span> el\u00e9trica, o Grupo<span class=\"_ _1\"></span> passou vende<span class=\"_ _1\"></span>r o excedente de produ<span class=\"_ _1\"></span>\u00e7\u00e3o da central <span class=\"_ _1\"></span>de ciclo combina<span class=\"_ _1\"></span>do a g\u00e1s natura<span class=\"_ _1\"></span>l de Set\u00fabal a pre<span class=\"_ _1\"></span>\u00e7os de mercado, e<span class=\"_ _1\"></span>m detrimento<span class=\"_ _1\"></span> da tarifa regulada. D<span class=\"_ _1\"></span>urante <span class=\"ls24\">2022</span> o<span class=\"_ _1\"></span> mesmo ac<span class=\"_ _1\"></span>onteceu com o ex<span class=\"_ _1\"></span>cedente de pro<span class=\"_ _1\"></span>du\u00e7\u00e3o d<span class=\"ls43\">as</span> outras centr<span class=\"_ _1\"></span>ais do Grupo.<span class=\"_ _1\"></span> Suporte O r\u00e9dito da venda <span class=\"_ _1\"></span>de outros produtos,<span class=\"_ _1\"></span> como por exemp<span class=\"_ _1\"></span>lo desperd\u00edcios, ou <span class=\"_ _1\"></span>servi\u00e7os (corretagem<span class=\"_ _1\"></span>, por exemplo)<span class=\"_ _1\"></span> \u00e9 reconhecido na data<span class=\"_ _1\"></span> da entrega d<span class=\"_ _1\"></span>o produto ao cl<span class=\"_ _1\"></span>iente pel<span class=\"_ _1\"></span>o montant<span class=\"_ _1\"></span>e da obriga\u00e7\u00e3o<span class=\"_ _1\"></span> de performance sa<span class=\"_ _1\"></span>tisfeita. Os r\u00e9dit<span class=\"_ _1\"></span>os associados a este <span class=\"_ _1\"></span>segmento s\u00e3o re<span class=\"_ _1\"></span>classificados para<span class=\"_ _1\"></span> Outr<span class=\"_ _1\"></span>os rendimentos e <span class=\"_ _1\"></span>ganhos operac<span class=\"_ _1\"></span>ionais ou para<span class=\"_ _1\"></span> menos custo.<span class=\"_ _1\"></span> O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> ci<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>uns<span class=\"_ _0\"></span>t\u00e2n<span class=\"_ _0\"></span>cias<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>erm<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cad<span class=\"_ _0\"></span>a con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>Cli<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>suas<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00e1t<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s h<span class=\"_ _0\"></span>abitu<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>erm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>re\u00e7o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Ne<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>enti<span class=\"_ _0\"></span>do,<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpos<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das,<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r,<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>s\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>r i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>e\u00e7o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> No<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>cif<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>taxa <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ping<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>fig<span class=\"_ _0\"></span>ura <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>axa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>ria <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> pa\u00ed<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>(no<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span> EUA<span class=\"_ _0\"></span>) e<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>term<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ada <span class=\"_ _0\"></span><span class=\"ff7\">a <span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span><span class=\"ff1\">, <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>da </span></span>an\u00e1<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Dep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>nt <span class=\"_ _0\"></span>of<span class=\"_ _0\"></span> Com<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rce<span class=\"_ _0\"></span> <span class=\"ff7\">a<span class=\"_ _0\"></span> pos<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span>i<span class=\"ff1 ls10\">. <span class=\"_ _0\"></span><span class=\"ls0\">Dest<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>fig<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma r<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o </span></span></span>\u00e0 m<span class=\"_ _0\"></span>arg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>rut<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>bti<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> Es<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>Un<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a A<span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> n\u00e3o<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>rans<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForRecognitionOfRevenue",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-52-2": {
   "value": "R\u00e9dito por segmento de neg\u00f3cio, por \u00e1reas geogr\u00e1ficas e por padr<span class=\"_ _0\"></span>\u00e3o de reconhecimento<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>Total Total Valores em Euros<span class=\"_ _1\"></span><span class=\"fs0\"> </span>Pasta Papel UWF Papel <span class=\"ff8\">Tissue<span class=\"_ _0\"></span><span class=\"ff3\"> </span></span>Energia Valor % Portugal 4.<span class=\"ls24\">043</span>.366  86<span class=\"ls0\">.</span>390<span class=\"ls0\">.348  </span>79<span class=\"ls0\">.</span>660<span class=\"ls0\">.327  </span>258<span class=\"ls0\">.</span>525<span class=\"ls0\">.621  </span>428<span class=\"ls0\">.</span>619<span class=\"ls0\">.662  </span>17,39% Resto da Europa<span class=\"_ _1\"></span> 162<span class=\"ls0\">.</span>456<span class=\"ls0\">.528  </span>1.<span class=\"ls24\">020</span>.<span class=\"ls24\">781</span>.574  114<span class=\"ls0\">.</span>092<span class=\"ls0\">.613  </span>-  1.<span class=\"ls24\">297</span>.<span class=\"ls24\">330</span>.715  52,64% Am\u00e9rica do Norte<span class=\"_ _1\"></span> -  228<span class=\"ls0\">.</span>451<span class=\"ls0\">.463  </span>-  -  228<span class=\"ls0\">.</span>451<span class=\"ls0\">.463  </span>9,27% Am\u00e9rica Latina<span class=\"_ _1\"></span> 2.<span class=\"ls24\">739</span>.729  80<span class=\"ls0\">.</span>547<span class=\"ls0\">.403  </span>427<span class=\"ls0\">.</span>816 <span class=\"ls0\"> </span>-  83<span class=\"ls0\">.</span>714<span class=\"ls0\">.948  </span>3,40% \u00c1frica 17<span class=\"ls0\">.</span>461<span class=\"ls0\">.936  </span>264<span class=\"ls0\">.</span>736<span class=\"ls0\">.272  </span>3.<span class=\"ls24\">365</span>.618  -  285<span class=\"ls0\">.</span>563<span class=\"ls0\">.826  </span>11,59% \u00c1sia 10<span class=\"ls0\">.</span>715<span class=\"ls0\">.215  </span>129<span class=\"ls0\">.</span>936<span class=\"ls0\">.639  </span>182<span class=\"ls0\">.</span>808 <span class=\"ls0\"> </span>-  140<span class=\"ls0\">.</span>834<span class=\"ls0\">.662  </span>5,71% Oce\u00e2nia -  109<span class=\"ls0\">.</span>415 <span class=\"ls0\"> </span>-  -  109<span class=\"ls0\">.</span>415 <span class=\"ls0\"> </span>0,00% 197<span class=\"ls0\">.416.7<span class=\"_ _1\"></span>74  </span>1.810.<span class=\"ls2b\">953<span class=\"_ _1\"></span></span>.114  197<span class=\"ls0\">.729.1<span class=\"_ _1\"></span>82  </span>258<span class=\"ls0\">.525.6<span class=\"_ _1\"></span>21  </span>2.464.<span class=\"ls2b\">624<span class=\"_ _1\"></span></span>.691  100,00%<span class=\"_ _1\"></span> Padr\u00e3o de reconhecimento Em determinado<span class=\"_ _1\"></span> momento do tem<span class=\"_ _1\"></span>po 197<span class=\"ls0\">.</span>416<span class=\"ls0\">.774  </span>1.<span class=\"ls24\">810</span>.<span class=\"ls24\">953</span>.114  197<span class=\"ls0\">.</span>729<span class=\"ls0\">.182  </span>258<span class=\"ls0\">.</span>525<span class=\"ls0\">.621  </span>2.<span class=\"ls24\">464</span>.<span class=\"ls24\">624</span>.691  100,00% Ao longo do te<span class=\"_ _1\"></span>mpo -  -  -  -  -  0,00% 2021<span class=\"ls0\"> </span>Total Total Valores em Euros<span class=\"_ _1\"></span><span class=\"fs0\"> </span>Pasta Papel UWF Papel <span class=\"ff8\">Tissue<span class=\"_ _0\"></span><span class=\"ff3\"> </span></span>Energia Valor % Portugal 2.<span class=\"ls24\">857</span>.768  61<span class=\"ls0\">.</span>336<span class=\"ls0\">.753  </span>55<span class=\"ls0\">.</span>941<span class=\"ls0\">.695  </span>135<span class=\"ls0\">.</span>173<span class=\"ls0\">.674  </span>255<span class=\"ls0\">.</span>309<span class=\"ls0\">.890  </span>16,00% Resto da Europa<span class=\"_ _1\"></span> 125<span class=\"ls0\">.</span>606<span class=\"ls0\">.144  </span>586<span class=\"ls0\">.</span>522<span class=\"ls0\">.363  </span>83<span class=\"ls0\">.</span>886<span class=\"ls0\">.052  </span>-  796<span class=\"ls0\">.</span>014<span class=\"ls0\">.559  </span>49,88% Am\u00e9rica do Norte<span class=\"_ _1\"></span> 1.<span class=\"ls24\">800</span>.302  128<span class=\"ls0\">.</span>791<span class=\"ls0\">.201  </span>231<span class=\"ls0\">.</span>616 <span class=\"ls0\"> </span>-  130<span class=\"ls0\">.</span>823<span class=\"ls0\">.119  </span>8,20% Am\u00e9rica Latina<span class=\"_ _1\"></span> -  69<span class=\"ls0\">.</span>778<span class=\"ls0\">.306  </span>2.<span class=\"ls24\">020</span>.481  -  71<span class=\"ls0\">.</span>798<span class=\"ls0\">.787  </span>4,50% \u00c1frica 13<span class=\"ls0\">.</span>336<span class=\"ls0\">.229  </span>193<span class=\"ls0\">.</span>679<span class=\"ls0\">.141  </span>3.<span class=\"ls24\">706</span>.845  -  210<span class=\"ls0\">.</span>722<span class=\"ls0\">.215  </span>13,20% \u00c1sia 17<span class=\"ls0\">.</span>640<span class=\"ls0\">.982  </span>111<span class=\"ls0\">.</span>852<span class=\"ls0\">.939  </span>26<span class=\"ls0\">.</span>022 <span class=\"ls0\"> </span>-  129<span class=\"ls0\">.</span>519<span class=\"ls0\">.943  </span>8,12% Oce\u00e2nia -  1.<span class=\"ls24\">681</span>.932  -  -  1.<span class=\"ls24\">681</span>.932  0,11% 161<span class=\"ls0\">.241.4<span class=\"_ _1\"></span>25  </span>1.153.<span class=\"ls2b\">642<span class=\"_ _1\"></span></span>.635  145<span class=\"ls0\">.812.7<span class=\"_ _1\"></span>11  </span>135<span class=\"ls0\">.173.6<span class=\"_ _1\"></span>74  </span>1.595.<span class=\"ls2b\">870<span class=\"_ _1\"></span></span>.445  100,00%<span class=\"_ _1\"></span> Padr\u00e3o de reconhecimento Em determinado<span class=\"_ _1\"></span> momento do tem<span class=\"_ _1\"></span>po 161<span class=\"ls0\">.</span>241<span class=\"ls0\">.425  </span>1.<span class=\"ls24\">153</span>.<span class=\"ls24\">642</span>.635  145<span class=\"ls0\">.</span>812<span class=\"ls0\">.711  </span>135<span class=\"ls0\">.</span>173<span class=\"ls0\">.674  </span>1.595.<span class=\"ls2b\">870<span class=\"_ _1\"></span></span>.445  100,00% Ao longo do tempo<span class=\"_ _1\"></span> -  -  -  -  -  0,00% Distribui\u00e7\u00e3o do r\u00e9dito do Grupo por<span class=\"_ _0\"></span> \u00e1reas geogr\u00e1ficas<span class=\"_ _1\"></span> M\u20ac 141M\u20ac<span class=\"_\"> </span><span class=\"ff1 ls90\">130</span>M\u20ac<span class=\"_\"> </span><span class=\"ff1 ls90\">429</span>M\u20ac<span class=\"_\"> </span><span class=\"ff1 ls91\">255</span>M\u20ac 285M\u20ac<span class=\"_\"> </span><span class=\"ff1 ls90\">211</span>M\u20ac 84M\u20ac<span class=\"_\"> </span><span class=\"ff1 ls90\">72</span>20222021M\u20ac 228M\u20ac<span class=\"_\"> </span><span class=\"ff1 ls91\">131</span>M\u20ac<span class=\"_\"> </span><span class=\"ff1 ls0\">1.297</span>M\u20ac<span class=\"_\"> </span><span class=\"ff1 ls90\">796</span>Portugal<span class=\"_ _a5\"> </span>Resto da EuropaPortugal<span class=\"_ _a8\"> </span>Resto da EuropaAm\u00e9rica do Norte<span class=\"_ _a6\"> </span>Am\u00e9rica LatinaAm\u00e9rica do Norte<span class=\"_ _a9\"> </span>Am\u00e9rica Latina\u00c1frica<span class=\"_ _a7\"> </span>\u00c1sia\u00c1frica<span class=\"_ _aa\"> </span>\u00c1siaOceaniaOceaniaEm <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> 20<span class=\"ls16\">21</span>,<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>nhu<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ou i<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> 10%<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>r\u00e9di<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfRevenueExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-52-3": {
   "value": "R\u00e9dito por segmento de neg\u00f3cio, por \u00e1reas geogr\u00e1ficas e por padr<span class=\"_ _0\"></span>\u00e3o de reconhecimento<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>Total Total Valores em Euros<span class=\"_ _1\"></span><span class=\"fs0\"> </span>Pasta Papel UWF Papel <span class=\"ff8\">Tissue<span class=\"_ _0\"></span><span class=\"ff3\"> </span></span>Energia Valor % Portugal 4.<span class=\"ls24\">043</span>.366  86<span class=\"ls0\">.</span>390<span class=\"ls0\">.348  </span>79<span class=\"ls0\">.</span>660<span class=\"ls0\">.327  </span>258<span class=\"ls0\">.</span>525<span class=\"ls0\">.621  </span>428<span class=\"ls0\">.</span>619<span class=\"ls0\">.662  </span>17,39% Resto da Europa<span class=\"_ _1\"></span> 162<span class=\"ls0\">.</span>456<span class=\"ls0\">.528  </span>1.<span class=\"ls24\">020</span>.<span class=\"ls24\">781</span>.574  114<span class=\"ls0\">.</span>092<span class=\"ls0\">.613  </span>-  1.<span class=\"ls24\">297</span>.<span class=\"ls24\">330</span>.715  52,64% Am\u00e9rica do Norte<span class=\"_ _1\"></span> -  228<span class=\"ls0\">.</span>451<span class=\"ls0\">.463  </span>-  -  228<span class=\"ls0\">.</span>451<span class=\"ls0\">.463  </span>9,27% Am\u00e9rica Latina<span class=\"_ _1\"></span> 2.<span class=\"ls24\">739</span>.729  80<span class=\"ls0\">.</span>547<span class=\"ls0\">.403  </span>427<span class=\"ls0\">.</span>816 <span class=\"ls0\"> </span>-  83<span class=\"ls0\">.</span>714<span class=\"ls0\">.948  </span>3,40% \u00c1frica 17<span class=\"ls0\">.</span>461<span class=\"ls0\">.936  </span>264<span class=\"ls0\">.</span>736<span class=\"ls0\">.272  </span>3.<span class=\"ls24\">365</span>.618  -  285<span class=\"ls0\">.</span>563<span class=\"ls0\">.826  </span>11,59% \u00c1sia 10<span class=\"ls0\">.</span>715<span class=\"ls0\">.215  </span>129<span class=\"ls0\">.</span>936<span class=\"ls0\">.639  </span>182<span class=\"ls0\">.</span>808 <span class=\"ls0\"> </span>-  140<span class=\"ls0\">.</span>834<span class=\"ls0\">.662  </span>5,71% Oce\u00e2nia -  109<span class=\"ls0\">.</span>415 <span class=\"ls0\"> </span>-  -  109<span class=\"ls0\">.</span>415 <span class=\"ls0\"> </span>0,00% 197<span class=\"ls0\">.416.7<span class=\"_ _1\"></span>74  </span>1.810.<span class=\"ls2b\">953<span class=\"_ _1\"></span></span>.114  197<span class=\"ls0\">.729.1<span class=\"_ _1\"></span>82  </span>258<span class=\"ls0\">.525.6<span class=\"_ _1\"></span>21  </span>2.464.<span class=\"ls2b\">624<span class=\"_ _1\"></span></span>.691  100,00%<span class=\"_ _1\"></span> Padr\u00e3o de reconhecimento Em determinado<span class=\"_ _1\"></span> momento do tem<span class=\"_ _1\"></span>po 197<span class=\"ls0\">.</span>416<span class=\"ls0\">.774  </span>1.<span class=\"ls24\">810</span>.<span class=\"ls24\">953</span>.114  197<span class=\"ls0\">.</span>729<span class=\"ls0\">.182  </span>258<span class=\"ls0\">.</span>525<span class=\"ls0\">.621  </span>2.<span class=\"ls24\">464</span>.<span class=\"ls24\">624</span>.691  100,00% Ao longo do te<span class=\"_ _1\"></span>mpo -  -  -  -  -  0,00% 2021<span class=\"ls0\"> </span>Total Total Valores em Euros<span class=\"_ _1\"></span><span class=\"fs0\"> </span>Pasta Papel UWF Papel <span class=\"ff8\">Tissue<span class=\"_ _0\"></span><span class=\"ff3\"> </span></span>Energia Valor % Portugal 2.<span class=\"ls24\">857</span>.768  61<span class=\"ls0\">.</span>336<span class=\"ls0\">.753  </span>55<span class=\"ls0\">.</span>941<span class=\"ls0\">.695  </span>135<span class=\"ls0\">.</span>173<span class=\"ls0\">.674  </span>255<span class=\"ls0\">.</span>309<span class=\"ls0\">.890  </span>16,00% Resto da Europa<span class=\"_ _1\"></span> 125<span class=\"ls0\">.</span>606<span class=\"ls0\">.144  </span>586<span class=\"ls0\">.</span>522<span class=\"ls0\">.363  </span>83<span class=\"ls0\">.</span>886<span class=\"ls0\">.052  </span>-  796<span class=\"ls0\">.</span>014<span class=\"ls0\">.559  </span>49,88% Am\u00e9rica do Norte<span class=\"_ _1\"></span> 1.<span class=\"ls24\">800</span>.302  128<span class=\"ls0\">.</span>791<span class=\"ls0\">.201  </span>231<span class=\"ls0\">.</span>616 <span class=\"ls0\"> </span>-  130<span class=\"ls0\">.</span>823<span class=\"ls0\">.119  </span>8,20% Am\u00e9rica Latina<span class=\"_ _1\"></span> -  69<span class=\"ls0\">.</span>778<span class=\"ls0\">.306  </span>2.<span class=\"ls24\">020</span>.481  -  71<span class=\"ls0\">.</span>798<span class=\"ls0\">.787  </span>4,50% \u00c1frica 13<span class=\"ls0\">.</span>336<span class=\"ls0\">.229  </span>193<span class=\"ls0\">.</span>679<span class=\"ls0\">.141  </span>3.<span class=\"ls24\">706</span>.845  -  210<span class=\"ls0\">.</span>722<span class=\"ls0\">.215  </span>13,20% \u00c1sia 17<span class=\"ls0\">.</span>640<span class=\"ls0\">.982  </span>111<span class=\"ls0\">.</span>852<span class=\"ls0\">.939  </span>26<span class=\"ls0\">.</span>022 <span class=\"ls0\"> </span>-  129<span class=\"ls0\">.</span>519<span class=\"ls0\">.943  </span>8,12% Oce\u00e2nia -  1.<span class=\"ls24\">681</span>.932  -  -  1.<span class=\"ls24\">681</span>.932  0,11% 161<span class=\"ls0\">.241.4<span class=\"_ _1\"></span>25  </span>1.153.<span class=\"ls2b\">642<span class=\"_ _1\"></span></span>.635  145<span class=\"ls0\">.812.7<span class=\"_ _1\"></span>11  </span>135<span class=\"ls0\">.173.6<span class=\"_ _1\"></span>74  </span>1.595.<span class=\"ls2b\">870<span class=\"_ _1\"></span></span>.445  100,00%<span class=\"_ _1\"></span> Padr\u00e3o de reconhecimento Em determinado<span class=\"_ _1\"></span> momento do tem<span class=\"_ _1\"></span>po 161<span class=\"ls0\">.</span>241<span class=\"ls0\">.425  </span>1.<span class=\"ls24\">153</span>.<span class=\"ls24\">642</span>.635  145<span class=\"ls0\">.</span>812<span class=\"ls0\">.711  </span>135<span class=\"ls0\">.</span>173<span class=\"ls0\">.674  </span>1.595.<span class=\"ls2b\">870<span class=\"_ _1\"></span></span>.445  100,00% Ao longo do tempo<span class=\"_ _1\"></span> -  -  -  -  -  0,00% Distribui\u00e7\u00e3o do r\u00e9dito do Grupo por<span class=\"_ _0\"></span> \u00e1reas geogr\u00e1ficas<span class=\"_ _1\"></span> M\u20ac 141M\u20ac<span class=\"_\"> </span><span class=\"ff1 ls90\">130</span>M\u20ac<span class=\"_\"> </span><span class=\"ff1 ls90\">429</span>M\u20ac<span class=\"_\"> </span><span class=\"ff1 ls91\">255</span>M\u20ac 285M\u20ac<span class=\"_\"> </span><span class=\"ff1 ls90\">211</span>M\u20ac 84M\u20ac<span class=\"_\"> </span><span class=\"ff1 ls90\">72</span>20222021M\u20ac 228M\u20ac<span class=\"_\"> </span><span class=\"ff1 ls91\">131</span>M\u20ac<span class=\"_\"> </span><span class=\"ff1 ls0\">1.297</span>M\u20ac<span class=\"_\"> </span><span class=\"ff1 ls90\">796</span>Portugal<span class=\"_ _a5\"> </span>Resto da EuropaPortugal<span class=\"_ _a8\"> </span>Resto da EuropaAm\u00e9rica do Norte<span class=\"_ _a6\"> </span>Am\u00e9rica LatinaAm\u00e9rica do Norte<span class=\"_ _a9\"> </span>Am\u00e9rica Latina\u00c1frica<span class=\"_ _a7\"> </span>\u00c1sia\u00c1frica<span class=\"_ _aa\"> </span>\u00c1siaOceaniaOceaniaEm <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> 20<span class=\"ls16\">21</span>,<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>nhu<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ou i<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> 10%<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>r\u00e9di<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfRevenueFromContractsWithCustomersExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-53-2": {
   "value": "2.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Out<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span>s o<span class=\"_ _3b\"></span>perac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>is </span></span>No<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>find<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span>, a <span class=\"_ _0\"></span>rub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Ou<span class=\"_ _0\"></span>tros<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>imen<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mp\u00f5e<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Ganhos na aliena\u00e7\u00e3o<span class=\"_ _1\"></span> de ativos n\u00e3o<span class=\"_ _1\"></span> correntes<span class=\"_ _1\"></span> 370<span class=\"ls0\">.</span>613 <span class=\"ls0\"> </span>2.<span class=\"ls24\">785</span>.295  Subs\u00eddios - L<span class=\"_ _1\"></span>icen\u00e7as de emiss\u00e3o<span class=\"_ _1\"></span> CO2 (Nota 3.2) 37<span class=\"ls0\">.</span>338<span class=\"ls0\">.833  </span>14<span class=\"ls0\">.</span>915<span class=\"ls0\">.653  </span>Rendimentos sup<span class=\"_ _1\"></span>lementares<span class=\"_ _1\"></span> 1.<span class=\"ls24\">693</span>.664  1.<span class=\"ls24\">169</span>.398  Subs\u00eddios \u00e0 expl<span class=\"_ _1\"></span>ora\u00e7\u00e3o<span class=\"_ _1\"></span> 13<span class=\"ls0\">.</span>847<span class=\"ls0\">.828  </span>2.<span class=\"ls24\">703</span>.017  Revers\u00e3o de impar<span class=\"_ _1\"></span>idades em d<span class=\"_ _1\"></span>\u00edvidas a re<span class=\"_ _1\"></span>ceber (Nota 8.1.4)<span class=\"_ _1\"></span> 102<span class=\"ls0\">.</span>806 <span class=\"ls0\"> </span>77<span class=\"ls0\">.</span>603 <span class=\"ls0\"> </span>Revers\u00e3o de impar<span class=\"_ _1\"></span>idades em inve<span class=\"_ _1\"></span>nt\u00e1rios (Nota 4.1.4)<span class=\"_ _1\"></span> 813<span class=\"ls0\">.</span>732 <span class=\"ls0\"> </span>866<span class=\"ls0\">.</span>224 <span class=\"ls0\"> </span>Ganhos em ex<span class=\"_ _1\"></span>ist\u00eancias 2.<span class=\"ls24\">942</span>.650  1.<span class=\"ls24\">029</span>.340  Trabalhos para a pr<span class=\"_ _1\"></span>\u00f3pria empresa<span class=\"_ _1\"></span> 881<span class=\"ls0\">.</span>087 <span class=\"ls0\"> </span>824<span class=\"ls0\">.</span>120 <span class=\"ls0\"> </span>Indemniza\u00e7\u00f5es<span class=\"_ _1\"></span> 547<span class=\"ls0\">.</span>519 <span class=\"ls0\"> </span>418<span class=\"ls0\">.</span>549 <span class=\"ls0\"> </span>Outros rendimentos<span class=\"_ _1\"></span> operacionais<span class=\"_ _1\"></span> 12<span class=\"ls0\">.</span>619<span class=\"ls0\">.800  </span>6.<span class=\"ls24\">591</span>.035  71<span class=\"ls0\">.</span>158<span class=\"ls0\">.<span class=\"_ _1\"></span>532  </span>31<span class=\"ls0\">.</span>380<span class=\"_ _1\"></span><span class=\"ls0\">.233  </span>A r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Gan<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> ali<span class=\"_ _0\"></span>ena<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>tes <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>u\u00eda,<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Par<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> e b<span class=\"_ _0\"></span>iom<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Al<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>gari<span class=\"_ _0\"></span>a-<span class=\"_ _0\"></span>a-V<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ha,<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ncon<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>rou <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a mai<span class=\"_ _0\"></span>s-<span class=\"_ _0\"></span>vali<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> <span class=\"ff9 ls16\">\u20ac </span>2.4<span class=\"_ _0\"></span>58<span class=\"_ _0\"></span>.230<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>O re<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>\u00e0 v<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>err<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>edu<span class=\"_ _0\"></span>zid<span class=\"_ _0\"></span>a ap<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>\u00e3o si<span class=\"_ _0\"></span>lv\u00ed<span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>a. Os <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>lice<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> CO2 co<span class=\"_ _0\"></span>rre<span class=\"_ _3b\"></span>spond<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>hec<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> gr<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 44<span class=\"_ _0\"></span>4.<span class=\"_ _0\"></span>457<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>one<span class=\"_ _0\"></span>lad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>CO2, a<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>\u00e7o m<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>\u20ac84<span class=\"_ _0\"></span>,01<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>442<span class=\"ff1\">.7<span class=\"_ _0\"></span>32<span class=\"_ _0\"></span> </span>ton<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>CO2, a<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>\u00e7o m<span class=\"_ _0\"></span>\u00e9d<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> \u20ac<span class=\"ff1\">33<span class=\"_ _0\"></span>,6<span class=\"_ _0\"></span>9 e<span class=\"_ _0\"></span>m 3<span class=\"_ _0\"></span>1/1<span class=\"_ _0\"></span>2/2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1)<span class=\"_ _0\"></span> (No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>3.<span class=\"_ _0\"></span>2)<span class=\"_ _0\"></span>.  </span>Os <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bs\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00e0 ex<span class=\"_ _0\"></span>plo<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac</span>9<span class=\"_ _0\"></span>.95<span class=\"_ _0\"></span>1.<span class=\"_ _0\"></span>051 <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ivos<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>med<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> aux<span class=\"_ _0\"></span>\u00edli<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>fav<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> ins<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>la\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>angi<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e Co<span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Euro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>u d<span class=\"_ _0\"></span>e Lic<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e E<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>CELE<span class=\"_ _0\"></span>), n<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>De<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>to-<span class=\"_ _0\"></span>Lei<span class=\"_ _0\"></span> n\u00ba <span class=\"_ _0\"></span>12<span class=\"_ _0\"></span>/2<span class=\"_ _0\"></span>020<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>6 de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>bril<span class=\"_ _0\"></span><span class=\"ls10\">, <span class=\"ls0\">bem<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> </span></span>Ince<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>Pro<span class=\"_ _0\"></span>gra<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>Apo<span class=\"_ _0\"></span>iar<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>\u00e1s <span class=\"_ _0\"></span><span class=\"lsd\">de <span class=\"ff9 ls0\">\u20ac<span class=\"ff1\">2.<span class=\"_ _0\"></span>103<span class=\"_ _0\"></span>.437<span class=\"_ _0\"></span>. E<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ubr<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nclui<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>da,<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>s\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s </span></span></span>atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>\u00e2mb<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>roje<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ga\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>senvo<span class=\"_ _0\"></span>lvi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nsti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>to RAIZ<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>to IN<span class=\"_ _0\"></span>PAC<span class=\"_ _0\"></span>TU<span class=\"_ _0\"></span>S (<span class=\"_ _0\"></span>\u20ac71<span class=\"_ _0\"></span>2.<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span>6), <span class=\"_ _0\"></span>IdT<span class=\"_ _0\"></span>ecF<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>\u20ac609<span class=\"_ _0\"></span>.9<span class=\"_ _0\"></span>34<span class=\"_ _0\"></span>), R<span class=\"_ _0\"></span>epl<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span> (\u20ac<span class=\"_ _0\"></span>17<span class=\"_ _0\"></span>1.781<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> <span class=\"ff1\">BL<span class=\"_ _0\"></span>2F </span>(\u20ac57<span class=\"ff1 ls0\">.51<span class=\"_ _0\"></span>5),<span class=\"_ _0\"></span> <span class=\"ff9\">B2<span class=\"_ _0\"></span>Sol<span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span> (\u20ac<span class=\"_ _0\"></span>40.<span class=\"_ _0\"></span>057<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> Bi<span class=\"_ _0\"></span>o4P<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tug<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>(\u20ac45<span class=\"_ _0\"></span>.8<span class=\"_ _0\"></span>99)<span class=\"_ _0\"></span>, IN<span class=\"_ _0\"></span>OV <span class=\"_ _0\"></span>C+ <span class=\"_ _0\"></span>(\u20ac<span class=\"_ _0\"></span> 30<span class=\"_ _0\"></span>.6<span class=\"_ _0\"></span>94<span class=\"_ _0\"></span><span class=\"ff1\">) e<span class=\"_ _0\"></span> out<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s </span></span></span>(\u20ac<span class=\"_ _0\"></span>125<span class=\"_ _0\"></span>.2<span class=\"_ _0\"></span>44<span class=\"ff1\">)<span class=\"_ _0\"></span>. N<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2 f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"ff9\">re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s \u20ac<span class=\"_ _0\"></span>37<span class=\"_ _0\"></span>8.85<span class=\"_ _0\"></span>0 <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span><span class=\"ff1\"> ao<span class=\"_ _0\"></span> Pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>a AT<span class=\"_ _0\"></span>IVA<span class=\"_ _0\"></span>R d<span class=\"_ _0\"></span>o </span></span></span>IEFP<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fis<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>nal,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>st\u00e1<span class=\"_ _0\"></span>gio<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>rofi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nais<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> apo<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>efor<span class=\"_ _0\"></span>\u00e7ad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00e0 con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nded<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>smo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> cons<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ded<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>\u00e0 r<span class=\"_ _0\"></span>ubri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Cus<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Pes<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>al. A r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Out<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>imen<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>incl<span class=\"_ _0\"></span>ui <span class=\"_ _0\"></span>\u20ac1<span class=\"_ _0\"></span>0.99<span class=\"_ _0\"></span>7.<span class=\"_ _0\"></span>79<span class=\"_ _0\"></span>3 re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>erd\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>UWF<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span><span class=\"ff7\">Tis<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e<span class=\"ff1\">. </span></span>Ao <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ngo<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2 <span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>iu-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>agra<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>stos<span class=\"_ _0\"></span>. <span class=\"lse\">Na</span> <span class=\"_ _0\"></span>Ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a, de<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>ca-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>aume<span class=\"_ _3b\"></span>nto d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pre<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>a el<span class=\"_ _0\"></span>\u00e9t<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>g\u00e1s<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>mbo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nsad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>a da<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>re\u00e7<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> tar<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ada.<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>og\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>senta<span class=\"_ _0\"></span>m u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>ega<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>va, <span class=\"_ _0\"></span>fru<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>angi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ntos lo<span class=\"_ _0\"></span>g\u00eds<span class=\"_ _0\"></span>tico<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sv<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sal <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nomi<span class=\"_ _0\"></span>a.<span class=\"_ _0\"></span> N\u00e3o<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>igat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>iu man<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ua a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>100<span class=\"_ _0\"></span>%,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>alqu<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>rne<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>. 2.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>is </span></span>Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Custo das mercador<span class=\"_ _1\"></span>ias vendid<span class=\"_ _1\"></span>as e mat\u00e9rias co<span class=\"_ _1\"></span>nsumidas (Not<span class=\"_ _1\"></span>a 4.1.2)<span class=\"_ _1\"></span> 968<span class=\"ls0\">.849.2<span class=\"_ _1\"></span>05 </span>629<span class=\"ls0\">.794.7<span class=\"_ _1\"></span>45 </span>Fornecimento<span class=\"_ _1\"></span>s e servi\u00e7os exte<span class=\"_ _1\"></span>rnos<span class=\"_ _1\"></span> Energia e flu\u00eddos<span class=\"_ _1\"></span> 216<span class=\"ls0\">.</span>276<span class=\"ls0\">.682 </span>134<span class=\"ls0\">.</span>874<span class=\"ls0\">.499 </span>Transporte de Mercad<span class=\"_ _1\"></span>orias 213<span class=\"ls0\">.</span>001<span class=\"ls0\">.707 </span>152<span class=\"ls0\">.</span>168<span class=\"ls0\">.311 </span>Trabalhos espec<span class=\"_ _1\"></span>ializados<span class=\"_ _1\"></span> 105<span class=\"ls0\">.</span>588<span class=\"ls0\">.546 </span>83<span class=\"ls0\">.</span>265<span class=\"ls0\">.324 </span>Conserva\u00e7\u00e3o e repara<span class=\"_ _1\"></span>\u00e7\u00e3o 36<span class=\"ls0\">.</span>058<span class=\"ls0\">.136 </span>29<span class=\"ls0\">.</span>676<span class=\"ls0\">.463 </span>Rendas e aluguere<span class=\"_ _1\"></span>s 7.<span class=\"ls24\">568</span>.844 8.<span class=\"ls24\">216</span>.430 Publicidade e pr<span class=\"_ _1\"></span>opaganda<span class=\"_ _1\"></span> 10<span class=\"ls0\">.</span>977<span class=\"ls0\">.857 </span>9.<span class=\"ls24\">754</span>.042 Seguros 8.<span class=\"ls24\">513</span>.884 7.<span class=\"ls24\">865</span>.892 Desloca\u00e7\u00f5es e estada<span class=\"_ _1\"></span>s 4.<span class=\"ls24\">249</span>.314 2.<span class=\"ls24\">624</span>.556 Honor\u00e1rios 4.<span class=\"ls24\">410</span>.417 5.<span class=\"ls24\">008</span>.210 Subcontratos<span class=\"_ _1\"></span> 2.<span class=\"ls24\">331</span>.111 2.<span class=\"ls24\">086</span>.188 Materiais 4.<span class=\"ls24\">426</span>.180 2.<span class=\"ls24\">737</span>.852 Comunica\u00e7\u00f5es<span class=\"_ _1\"></span> 1.<span class=\"ls24\">276</span>.693 1.<span class=\"ls24\">469</span>.281 Outros 11<span class=\"ls0\">.</span>479<span class=\"ls0\">.362 </span>9.<span class=\"ls24\">655</span>.313 626<span class=\"ls0\">.</span>158<span class=\"ls0\">.733 </span>449<span class=\"ls0\">.</span>402<span class=\"ls0\">.361 </span>Varia\u00e7\u00e3o da pro<span class=\"_ _1\"></span>du\u00e7\u00e3o (Nota 4.<span class=\"_ _1\"></span>1.3)<span class=\"_ _1\"></span> (80.484.007)<span class=\"_ _1\"></span> (1<span class=\"ls0\">.612.980) </span>Gastos com o pe<span class=\"_ _1\"></span>ssoal (Nota 7.<span class=\"_ _1\"></span>1) 186<span class=\"ls0\">.239.2<span class=\"_ _1\"></span>35 </span>155<span class=\"ls0\">.015.7<span class=\"_ _1\"></span>95 </span>Outros <span class=\"ws12\">gastos e <span class=\"ws13\">perdas </span>operacionais </span>Gastos com emiss\u00f5es de CO2 44<span class=\"ls0\">.</span>071<span class=\"ls0\">.034 </span>24<span class=\"ls0\">.</span>788<span class=\"ls0\">.284 </span>Imparidades em <span class=\"ws14\"> </span>dividas <span class=\"ws15\">a </span>receber 3.<span class=\"ls24\">323</span>.063 408<span class=\"ls0\">.</span>238 Imparidades em invent\u00e1rios <span class=\"_ _1\"></span>(Nota 4.1.4) 13<span class=\"ls0\">.</span>241<span class=\"ls0\">.209 </span>2.<span class=\"ls24\">643</span>.558 Outras perdas em invent\u00e1rios 4.<span class=\"ls24\">986</span>.967 1.<span class=\"ls24\">555</span>.909 Impostos indiretos e taxas 3.<span class=\"ls24\">091</span>.167 1.<span class=\"ls24\">663</span>.855 Taxa recursos hidricos 1.<span class=\"ls24\">439</span>.298 1.<span class=\"ls24\">689</span>.769 Outros gastos operacionais 3.<span class=\"ls24\">684</span>.354 5.<span class=\"ls24\">924</span>.423 73<span class=\"ls0\">.</span>837<span class=\"ls0\">.<span class=\"_ _1\"></span>092 </span>38<span class=\"ls0\">.</span>674<span class=\"_ _1\"></span><span class=\"ls0\">.036 </span>Provis\u00f5es l\u00edquida<span class=\"_ _1\"></span>s (Nota 10.1)<span class=\"_ _1\"></span> 1.621.<span class=\"ls2b\">447 </span>3.142.<span class=\"ls2b\">944 </span>Total dos Ga<span class=\"_ _1\"></span>stos e perdas ope<span class=\"_ _1\"></span>racionais<span class=\"_ _1\"></span> 1.774.<span class=\"ls2b\">600<span class=\"_ _1\"></span></span>.258 1.271.<span class=\"ls2b\">273<span class=\"_ _1\"></span></span>.957 14Os <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>miss<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>CO2 co<span class=\"_ _0\"></span>rre<span class=\"_ _3b\"></span>spond<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>emi<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 5<span class=\"_ _0\"></span>74<span class=\"_ _0\"></span>.75<span class=\"_ _0\"></span>0 t<span class=\"_ _0\"></span>one<span class=\"_ _0\"></span>lad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span><span class=\"ls1a\">CO</span>2(3<span class=\"_ _0\"></span>1 de<span class=\"_ _3b\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span><span class=\"lsd\">: <span class=\"ls0\">561<span class=\"_ _0\"></span>.61<span class=\"_ _0\"></span>3 t<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>adas<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>van<span class=\"_ _0\"></span>do-<span class=\"_ _0\"></span>se,<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>is,<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>9,<span class=\"_ _0\"></span>8% d<span class=\"_ _0\"></span>as </span></span>em<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> CO2 fa<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>0, <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a Sc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span> Bas<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> Tar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> Ini<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve (<span class=\"_ _0\"></span>57<span class=\"_ _0\"></span>4.7<span class=\"_ _0\"></span>50<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>nel<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>71<span class=\"_ _0\"></span>7.1<span class=\"_ _0\"></span>21 <span class=\"_ _0\"></span>ton<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>O2 <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>0)<span class=\"_ _0\"></span>. <span class=\"ls40\">O </span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>c\u00edci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>iam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te, <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>cot<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>cen\u00e7<span class=\"_ _0\"></span>as. O a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>mpar<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nt\u00e1<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nclu<span class=\"_ _0\"></span>i aj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> <span class=\"ff7\">s<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ck<span class=\"ff1\"> <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pape<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>UWF<span class=\"_ _0\"></span> </span></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>pel <span class=\"_ _0\"></span><span class=\"ff7\">ti<span class=\"_ _0\"></span>ssue<span class=\"_ _0\"></span><span class=\"ff9\">, <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>\u20ac7<span class=\"_ _0\"></span>.93<span class=\"_ _0\"></span>1.3<span class=\"_ _0\"></span>09<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>u\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>ca<span class=\"ff1\">\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ite<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m me<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>r </span></span></span>ro<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>venda<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rfo<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ndas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>x de<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span> Adi<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>eran<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rsp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>fut<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> \u00fate<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>equi<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ndu<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span><span class=\"ls30\">o <span class=\"ls0\">Grup<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>u as<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>e\u00e7as<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>erva </span></span>ne<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>s\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ua\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s eq<span class=\"_ _0\"></span>uip<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>uma <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xc<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>\u00e7a<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>rv<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span><span class=\"ff7\">stoc<span class=\"_ _0\"></span>k<span class=\"ff1\">, <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac<span class=\"_ _0\"></span>5.30<span class=\"_ _0\"></span>9.<span class=\"_ _0\"></span>90<span class=\"_ _0\"></span>0.<span class=\"ff1\"> </span></span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherOperatingIncomeExpenseExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-53-3": {
   "value": "2.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Out<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span>s o<span class=\"_ _3b\"></span>perac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>is </span></span>No<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>find<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span>, a <span class=\"_ _0\"></span>rub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Ou<span class=\"_ _0\"></span>tros<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>imen<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mp\u00f5e<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Ganhos na aliena\u00e7\u00e3o<span class=\"_ _1\"></span> de ativos n\u00e3o<span class=\"_ _1\"></span> correntes<span class=\"_ _1\"></span> 370<span class=\"ls0\">.</span>613 <span class=\"ls0\"> </span>2.<span class=\"ls24\">785</span>.295  Subs\u00eddios - L<span class=\"_ _1\"></span>icen\u00e7as de emiss\u00e3o<span class=\"_ _1\"></span> CO2 (Nota 3.2) 37<span class=\"ls0\">.</span>338<span class=\"ls0\">.833  </span>14<span class=\"ls0\">.</span>915<span class=\"ls0\">.653  </span>Rendimentos sup<span class=\"_ _1\"></span>lementares<span class=\"_ _1\"></span> 1.<span class=\"ls24\">693</span>.664  1.<span class=\"ls24\">169</span>.398  Subs\u00eddios \u00e0 expl<span class=\"_ _1\"></span>ora\u00e7\u00e3o<span class=\"_ _1\"></span> 13<span class=\"ls0\">.</span>847<span class=\"ls0\">.828  </span>2.<span class=\"ls24\">703</span>.017  Revers\u00e3o de impar<span class=\"_ _1\"></span>idades em d<span class=\"_ _1\"></span>\u00edvidas a re<span class=\"_ _1\"></span>ceber (Nota 8.1.4)<span class=\"_ _1\"></span> 102<span class=\"ls0\">.</span>806 <span class=\"ls0\"> </span>77<span class=\"ls0\">.</span>603 <span class=\"ls0\"> </span>Revers\u00e3o de impar<span class=\"_ _1\"></span>idades em inve<span class=\"_ _1\"></span>nt\u00e1rios (Nota 4.1.4)<span class=\"_ _1\"></span> 813<span class=\"ls0\">.</span>732 <span class=\"ls0\"> </span>866<span class=\"ls0\">.</span>224 <span class=\"ls0\"> </span>Ganhos em ex<span class=\"_ _1\"></span>ist\u00eancias 2.<span class=\"ls24\">942</span>.650  1.<span class=\"ls24\">029</span>.340  Trabalhos para a pr<span class=\"_ _1\"></span>\u00f3pria empresa<span class=\"_ _1\"></span> 881<span class=\"ls0\">.</span>087 <span class=\"ls0\"> </span>824<span class=\"ls0\">.</span>120 <span class=\"ls0\"> </span>Indemniza\u00e7\u00f5es<span class=\"_ _1\"></span> 547<span class=\"ls0\">.</span>519 <span class=\"ls0\"> </span>418<span class=\"ls0\">.</span>549 <span class=\"ls0\"> </span>Outros rendimentos<span class=\"_ _1\"></span> operacionais<span class=\"_ _1\"></span> 12<span class=\"ls0\">.</span>619<span class=\"ls0\">.800  </span>6.<span class=\"ls24\">591</span>.035  71<span class=\"ls0\">.</span>158<span class=\"ls0\">.<span class=\"_ _1\"></span>532  </span>31<span class=\"ls0\">.</span>380<span class=\"_ _1\"></span><span class=\"ls0\">.233  </span>A r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Gan<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> ali<span class=\"_ _0\"></span>ena<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>tes <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>u\u00eda,<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Par<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> e b<span class=\"_ _0\"></span>iom<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Al<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>gari<span class=\"_ _0\"></span>a-<span class=\"_ _0\"></span>a-V<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ha,<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ncon<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>rou <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a mai<span class=\"_ _0\"></span>s-<span class=\"_ _0\"></span>vali<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> <span class=\"ff9 ls16\">\u20ac </span>2.4<span class=\"_ _0\"></span>58<span class=\"_ _0\"></span>.230<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>O re<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>\u00e0 v<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>err<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>edu<span class=\"_ _0\"></span>zid<span class=\"_ _0\"></span>a ap<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>\u00e3o si<span class=\"_ _0\"></span>lv\u00ed<span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>a. Os <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>lice<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> CO2 co<span class=\"_ _0\"></span>rre<span class=\"_ _3b\"></span>spond<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>hec<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> gr<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 44<span class=\"_ _0\"></span>4.<span class=\"_ _0\"></span>457<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>one<span class=\"_ _0\"></span>lad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>CO2, a<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>\u00e7o m<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>\u20ac84<span class=\"_ _0\"></span>,01<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>442<span class=\"ff1\">.7<span class=\"_ _0\"></span>32<span class=\"_ _0\"></span> </span>ton<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>CO2, a<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>\u00e7o m<span class=\"_ _0\"></span>\u00e9d<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> \u20ac<span class=\"ff1\">33<span class=\"_ _0\"></span>,6<span class=\"_ _0\"></span>9 e<span class=\"_ _0\"></span>m 3<span class=\"_ _0\"></span>1/1<span class=\"_ _0\"></span>2/2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1)<span class=\"_ _0\"></span> (No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>3.<span class=\"_ _0\"></span>2)<span class=\"_ _0\"></span>.  </span>Os <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bs\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00e0 ex<span class=\"_ _0\"></span>plo<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac</span>9<span class=\"_ _0\"></span>.95<span class=\"_ _0\"></span>1.<span class=\"_ _0\"></span>051 <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ivos<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>med<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> aux<span class=\"_ _0\"></span>\u00edli<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>fav<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> ins<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>la\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>angi<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e Co<span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Euro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>u d<span class=\"_ _0\"></span>e Lic<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e E<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>CELE<span class=\"_ _0\"></span>), n<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>De<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>to-<span class=\"_ _0\"></span>Lei<span class=\"_ _0\"></span> n\u00ba <span class=\"_ _0\"></span>12<span class=\"_ _0\"></span>/2<span class=\"_ _0\"></span>020<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>6 de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>bril<span class=\"_ _0\"></span><span class=\"ls10\">, <span class=\"ls0\">bem<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> </span></span>Ince<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>Pro<span class=\"_ _0\"></span>gra<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>Apo<span class=\"_ _0\"></span>iar<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>\u00e1s <span class=\"_ _0\"></span><span class=\"lsd\">de <span class=\"ff9 ls0\">\u20ac<span class=\"ff1\">2.<span class=\"_ _0\"></span>103<span class=\"_ _0\"></span>.437<span class=\"_ _0\"></span>. E<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ubr<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nclui<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>da,<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>s\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s </span></span></span>atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>\u00e2mb<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>roje<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ga\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>senvo<span class=\"_ _0\"></span>lvi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nsti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>to RAIZ<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>to IN<span class=\"_ _0\"></span>PAC<span class=\"_ _0\"></span>TU<span class=\"_ _0\"></span>S (<span class=\"_ _0\"></span>\u20ac71<span class=\"_ _0\"></span>2.<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span>6), <span class=\"_ _0\"></span>IdT<span class=\"_ _0\"></span>ecF<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>\u20ac609<span class=\"_ _0\"></span>.9<span class=\"_ _0\"></span>34<span class=\"_ _0\"></span>), R<span class=\"_ _0\"></span>epl<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span> (\u20ac<span class=\"_ _0\"></span>17<span class=\"_ _0\"></span>1.781<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> <span class=\"ff1\">BL<span class=\"_ _0\"></span>2F </span>(\u20ac57<span class=\"ff1 ls0\">.51<span class=\"_ _0\"></span>5),<span class=\"_ _0\"></span> <span class=\"ff9\">B2<span class=\"_ _0\"></span>Sol<span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span> (\u20ac<span class=\"_ _0\"></span>40.<span class=\"_ _0\"></span>057<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> Bi<span class=\"_ _0\"></span>o4P<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tug<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>(\u20ac45<span class=\"_ _0\"></span>.8<span class=\"_ _0\"></span>99)<span class=\"_ _0\"></span>, IN<span class=\"_ _0\"></span>OV <span class=\"_ _0\"></span>C+ <span class=\"_ _0\"></span>(\u20ac<span class=\"_ _0\"></span> 30<span class=\"_ _0\"></span>.6<span class=\"_ _0\"></span>94<span class=\"_ _0\"></span><span class=\"ff1\">) e<span class=\"_ _0\"></span> out<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s </span></span></span>(\u20ac<span class=\"_ _0\"></span>125<span class=\"_ _0\"></span>.2<span class=\"_ _0\"></span>44<span class=\"ff1\">)<span class=\"_ _0\"></span>. N<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2 f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"ff9\">re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s \u20ac<span class=\"_ _0\"></span>37<span class=\"_ _0\"></span>8.85<span class=\"_ _0\"></span>0 <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span><span class=\"ff1\"> ao<span class=\"_ _0\"></span> Pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>a AT<span class=\"_ _0\"></span>IVA<span class=\"_ _0\"></span>R d<span class=\"_ _0\"></span>o </span></span></span>IEFP<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fis<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>nal,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>st\u00e1<span class=\"_ _0\"></span>gio<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>rofi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nais<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> apo<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>efor<span class=\"_ _0\"></span>\u00e7ad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00e0 con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nded<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>smo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> cons<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ded<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>\u00e0 r<span class=\"_ _0\"></span>ubri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Cus<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Pes<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>al. A r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Out<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>imen<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>incl<span class=\"_ _0\"></span>ui <span class=\"_ _0\"></span>\u20ac1<span class=\"_ _0\"></span>0.99<span class=\"_ _0\"></span>7.<span class=\"_ _0\"></span>79<span class=\"_ _0\"></span>3 re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>erd\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>UWF<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span><span class=\"ff7\">Tis<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e<span class=\"ff1\">. </span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherOperatingIncomeExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-53-4": {
   "value": "2.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Out<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span>s o<span class=\"_ _3b\"></span>perac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>is </span></span>No<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>find<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span>, a <span class=\"_ _0\"></span>rub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Ou<span class=\"_ _0\"></span>tros<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>imen<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mp\u00f5e<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Ganhos na aliena\u00e7\u00e3o<span class=\"_ _1\"></span> de ativos n\u00e3o<span class=\"_ _1\"></span> correntes<span class=\"_ _1\"></span> 370<span class=\"ls0\">.</span>613 <span class=\"ls0\"> </span>2.<span class=\"ls24\">785</span>.295  Subs\u00eddios - L<span class=\"_ _1\"></span>icen\u00e7as de emiss\u00e3o<span class=\"_ _1\"></span> CO2 (Nota 3.2) 37<span class=\"ls0\">.</span>338<span class=\"ls0\">.833  </span>14<span class=\"ls0\">.</span>915<span class=\"ls0\">.653  </span>Rendimentos sup<span class=\"_ _1\"></span>lementares<span class=\"_ _1\"></span> 1.<span class=\"ls24\">693</span>.664  1.<span class=\"ls24\">169</span>.398  Subs\u00eddios \u00e0 expl<span class=\"_ _1\"></span>ora\u00e7\u00e3o<span class=\"_ _1\"></span> 13<span class=\"ls0\">.</span>847<span class=\"ls0\">.828  </span>2.<span class=\"ls24\">703</span>.017  Revers\u00e3o de impar<span class=\"_ _1\"></span>idades em d<span class=\"_ _1\"></span>\u00edvidas a re<span class=\"_ _1\"></span>ceber (Nota 8.1.4)<span class=\"_ _1\"></span> 102<span class=\"ls0\">.</span>806 <span class=\"ls0\"> </span>77<span class=\"ls0\">.</span>603 <span class=\"ls0\"> </span>Revers\u00e3o de impar<span class=\"_ _1\"></span>idades em inve<span class=\"_ _1\"></span>nt\u00e1rios (Nota 4.1.4)<span class=\"_ _1\"></span> 813<span class=\"ls0\">.</span>732 <span class=\"ls0\"> </span>866<span class=\"ls0\">.</span>224 <span class=\"ls0\"> </span>Ganhos em ex<span class=\"_ _1\"></span>ist\u00eancias 2.<span class=\"ls24\">942</span>.650  1.<span class=\"ls24\">029</span>.340  Trabalhos para a pr<span class=\"_ _1\"></span>\u00f3pria empresa<span class=\"_ _1\"></span> 881<span class=\"ls0\">.</span>087 <span class=\"ls0\"> </span>824<span class=\"ls0\">.</span>120 <span class=\"ls0\"> </span>Indemniza\u00e7\u00f5es<span class=\"_ _1\"></span> 547<span class=\"ls0\">.</span>519 <span class=\"ls0\"> </span>418<span class=\"ls0\">.</span>549 <span class=\"ls0\"> </span>Outros rendimentos<span class=\"_ _1\"></span> operacionais<span class=\"_ _1\"></span> 12<span class=\"ls0\">.</span>619<span class=\"ls0\">.800  </span>6.<span class=\"ls24\">591</span>.035  71<span class=\"ls0\">.</span>158<span class=\"ls0\">.<span class=\"_ _1\"></span>532  </span>31<span class=\"ls0\">.</span>380<span class=\"_ _1\"></span><span class=\"ls0\">.233  </span>2.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>is </span></span>Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Custo das mercador<span class=\"_ _1\"></span>ias vendid<span class=\"_ _1\"></span>as e mat\u00e9rias co<span class=\"_ _1\"></span>nsumidas (Not<span class=\"_ _1\"></span>a 4.1.2)<span class=\"_ _1\"></span> 968<span class=\"ls0\">.849.2<span class=\"_ _1\"></span>05 </span>629<span class=\"ls0\">.794.7<span class=\"_ _1\"></span>45 </span>Fornecimento<span class=\"_ _1\"></span>s e servi\u00e7os exte<span class=\"_ _1\"></span>rnos<span class=\"_ _1\"></span> Energia e flu\u00eddos<span class=\"_ _1\"></span> 216<span class=\"ls0\">.</span>276<span class=\"ls0\">.682 </span>134<span class=\"ls0\">.</span>874<span class=\"ls0\">.499 </span>Transporte de Mercad<span class=\"_ _1\"></span>orias 213<span class=\"ls0\">.</span>001<span class=\"ls0\">.707 </span>152<span class=\"ls0\">.</span>168<span class=\"ls0\">.311 </span>Trabalhos espec<span class=\"_ _1\"></span>ializados<span class=\"_ _1\"></span> 105<span class=\"ls0\">.</span>588<span class=\"ls0\">.546 </span>83<span class=\"ls0\">.</span>265<span class=\"ls0\">.324 </span>Conserva\u00e7\u00e3o e repara<span class=\"_ _1\"></span>\u00e7\u00e3o 36<span class=\"ls0\">.</span>058<span class=\"ls0\">.136 </span>29<span class=\"ls0\">.</span>676<span class=\"ls0\">.463 </span>Rendas e aluguere<span class=\"_ _1\"></span>s 7.<span class=\"ls24\">568</span>.844 8.<span class=\"ls24\">216</span>.430 Publicidade e pr<span class=\"_ _1\"></span>opaganda<span class=\"_ _1\"></span> 10<span class=\"ls0\">.</span>977<span class=\"ls0\">.857 </span>9.<span class=\"ls24\">754</span>.042 Seguros 8.<span class=\"ls24\">513</span>.884 7.<span class=\"ls24\">865</span>.892 Desloca\u00e7\u00f5es e estada<span class=\"_ _1\"></span>s 4.<span class=\"ls24\">249</span>.314 2.<span class=\"ls24\">624</span>.556 Honor\u00e1rios 4.<span class=\"ls24\">410</span>.417 5.<span class=\"ls24\">008</span>.210 Subcontratos<span class=\"_ _1\"></span> 2.<span class=\"ls24\">331</span>.111 2.<span class=\"ls24\">086</span>.188 Materiais 4.<span class=\"ls24\">426</span>.180 2.<span class=\"ls24\">737</span>.852 Comunica\u00e7\u00f5es<span class=\"_ _1\"></span> 1.<span class=\"ls24\">276</span>.693 1.<span class=\"ls24\">469</span>.281 Outros 11<span class=\"ls0\">.</span>479<span class=\"ls0\">.362 </span>9.<span class=\"ls24\">655</span>.313 626<span class=\"ls0\">.</span>158<span class=\"ls0\">.733 </span>449<span class=\"ls0\">.</span>402<span class=\"ls0\">.361 </span>Varia\u00e7\u00e3o da pro<span class=\"_ _1\"></span>du\u00e7\u00e3o (Nota 4.<span class=\"_ _1\"></span>1.3)<span class=\"_ _1\"></span> (80.484.007)<span class=\"_ _1\"></span> (1<span class=\"ls0\">.612.980) </span>Gastos com o pe<span class=\"_ _1\"></span>ssoal (Nota 7.<span class=\"_ _1\"></span>1) 186<span class=\"ls0\">.239.2<span class=\"_ _1\"></span>35 </span>155<span class=\"ls0\">.015.7<span class=\"_ _1\"></span>95 </span>Outros <span class=\"ws12\">gastos e <span class=\"ws13\">perdas </span>operacionais </span>Gastos com emiss\u00f5es de CO2 44<span class=\"ls0\">.</span>071<span class=\"ls0\">.034 </span>24<span class=\"ls0\">.</span>788<span class=\"ls0\">.284 </span>Imparidades em <span class=\"ws14\"> </span>dividas <span class=\"ws15\">a </span>receber 3.<span class=\"ls24\">323</span>.063 408<span class=\"ls0\">.</span>238 Imparidades em invent\u00e1rios <span class=\"_ _1\"></span>(Nota 4.1.4) 13<span class=\"ls0\">.</span>241<span class=\"ls0\">.209 </span>2.<span class=\"ls24\">643</span>.558 Outras perdas em invent\u00e1rios 4.<span class=\"ls24\">986</span>.967 1.<span class=\"ls24\">555</span>.909 Impostos indiretos e taxas 3.<span class=\"ls24\">091</span>.167 1.<span class=\"ls24\">663</span>.855 Taxa recursos hidricos 1.<span class=\"ls24\">439</span>.298 1.<span class=\"ls24\">689</span>.769 Outros gastos operacionais 3.<span class=\"ls24\">684</span>.354 5.<span class=\"ls24\">924</span>.423 73<span class=\"ls0\">.</span>837<span class=\"ls0\">.<span class=\"_ _1\"></span>092 </span>38<span class=\"ls0\">.</span>674<span class=\"_ _1\"></span><span class=\"ls0\">.036 </span>Provis\u00f5es l\u00edquida<span class=\"_ _1\"></span>s (Nota 10.1)<span class=\"_ _1\"></span> 1.621.<span class=\"ls2b\">447 </span>3.142.<span class=\"ls2b\">944 </span>Total dos Ga<span class=\"_ _1\"></span>stos e perdas ope<span class=\"_ _1\"></span>racionais<span class=\"_ _1\"></span> 1.774.<span class=\"ls2b\">600<span class=\"_ _1\"></span></span>.258 1.271.<span class=\"ls2b\">273<span class=\"_ _1\"></span></span>.957 4.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>ebe<span class=\"_ _0\"></span>r </span></span>31/12/22 31/12/21 N\u00e3o N\u00e3o Valores em Euros<span class=\"_ _1\"></span> Corrente Corrente Total Corrente Corrente Total Clientes -341.601.458341.601.458 -210.789.083210.789.083 Estado -59.852.61859.852.618 -44.603.38444.603.384 Incentivos finance<span class=\"_ _1\"></span>iros a receber<span class=\"_ _1\"></span> 13.219.416 13.239.88526.459.301 - - - Department of Co<span class=\"_ _1\"></span>mmerce (EUA)<span class=\"_ _1\"></span> - - - - 281.653 281.653 Enviva Pellets Gree<span class=\"_ _1\"></span>nwood, LLC (E<span class=\"_ _1\"></span>UA)<span class=\"_ _1\"></span> -8.168.4268.168.426 7.826.849 25.384.072 33.210.921 Acr\u00e9scimos de rend<span class=\"_ _1\"></span>imento -2.970.3812.970.381 -19.028.57719.028.577 Gastos diferidos<span class=\"_ _1\"></span> -11.321.49311.321.493 -8.463.0898.463.089 Instrumentos finance<span class=\"_ _1\"></span>iros derivado<span class=\"_ _1\"></span>s (Nota 8.2)<span class=\"_ _1\"></span> -48.514.44348.514.443 -1.630.9821.630.982 Outros 12.063.442 13.474.70425.538.147 777.698 7.701.9208.479.618 25<span class=\"ls0\">.</span>282<span class=\"ls0\">.<span class=\"_ _1\"></span>858 </span>499<span class=\"ls0\">.143.4<span class=\"_ _1\"></span>08 </span>524<span class=\"ls0\">.426.2<span class=\"_ _1\"></span>67 </span>8.604.<span class=\"ls2b\">547 </span>317<span class=\"ls0\">.882.7<span class=\"_ _1\"></span>60 </span>326<span class=\"ls0\">.487.3<span class=\"_ _1\"></span>08 </span>8.1.4.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Risco<span class=\"_ _1\"></span> de cr\u00e9dito<span class=\"_ _1\"></span> </span>Pol\u00edtica de gest<span class=\"_ _1\"></span>\u00e3o do risco d<span class=\"_ _1\"></span>e cr\u00e9dito O Grupo encontra-se sujei<span class=\"_ _0\"></span>to a risco de cr\u00e9dito sobr<span class=\"_ _0\"></span>e os saldos a receber dos Clientes e a outros deved<span class=\"_ _0\"></span>ores, tendo adotado uma pol\u00edtica de<span class=\"_ _0\"></span> gest\u00e3o de cobertura de risco dentr<span class=\"_ _0\"></span>o de determinados n\u00edve<span class=\"_ _0\"></span>is atrav\u00e9s de seguros de cr\u00e9dito com uma entidade indepe<span class=\"_ _0\"></span>ndentes especializada.  O Grupo adotou uma pol\u00ed<span class=\"_ _0\"></span>tica de seguro de cr\u00e9d<span class=\"_ _0\"></span>ito para a generalidade dos saldos a re<span class=\"_ _0\"></span>ceber de Clientes, com uma franquia de 5%. Desta for<span class=\"_ _0\"></span>ma considera-se que a exposi\u00e7\u00e3o efeti<span class=\"_ _0\"></span>va do Grupo ao risco d<span class=\"_ _0\"></span>e cr\u00e9dito se encontra mitigada a n\u00edveis aceit\u00e1veis relativame<span class=\"_ _0\"></span>nte \u00e0s vendas. A maiori<span class=\"_ _0\"></span>a das vendas que n\u00e3o est\u00e3o ab<span class=\"_ _0\"></span>rangidas por um seguro d<span class=\"_ _0\"></span>e cr\u00e9dito s\u00e3o cobertas por<span class=\"_ _0\"></span> garantias banc\u00e1rias, cartas de c<span class=\"_ _0\"></span>r\u00e9dito, cr\u00e9ditos d<span class=\"_ _0\"></span>ocument\u00e1rios ou acordos de reserva de propriedade (<span class=\"ff7\">re<span class=\"_ _0\"></span>tention of title<span class=\"ff1\">), sendo que qualque<span class=\"_ _0\"></span>r exposi\u00e7\u00e3o n\u00e3o coberta se encontra de<span class=\"_ _0\"></span>ntro de limites previamente<span class=\"_ _0\"></span> </span></span>aprovados pela Comiss\u00e3o Ex<span class=\"_ _0\"></span>ecutiva. No entanto, o agravamen<span class=\"_ _0\"></span>to das condi\u00e7\u00f5es econ\u00f3mi<span class=\"_ _0\"></span>cas globais ou adversi<span class=\"_ _0\"></span>dades que afetem apenas as economi<span class=\"_ _0\"></span>as a uma escala local pode originar uma de<span class=\"_ _0\"></span>teriora\u00e7\u00e3o na capacid<span class=\"_ _0\"></span>ade dos Clientes do Grupo em sal<span class=\"_ _0\"></span>dar as suas obriga\u00e7\u00f5es, levando a que as entidades <span class=\"_ _0\"></span>que prestam o seguro d<span class=\"_ _0\"></span>e cr\u00e9dito diminuam significativamente<span class=\"_ _0\"></span> o montante das linhas que<span class=\"_ _0\"></span> disponibilizam para esses Clientes, o que p<span class=\"_ _0\"></span>ode resultar em limita\u00e7\u00f5e<span class=\"_ _0\"></span>s nos montantes que se consegue<span class=\"_ _0\"></span>m vender a alguns Clientes do Grupo, sem i<span class=\"_ _0\"></span>ncorrer diretamente em n\u00edve<span class=\"_ _0\"></span>is de risco de cr\u00e9dito enquadr\u00e1veis na pol<span class=\"_ _0\"></span>\u00edtica de risco nesta \u00e1rea. Equivalentes de cai<span class=\"_ _0\"></span>xa O Grupo tem uma pol\u00edtica rig<span class=\"_ _0\"></span>orosa de aprova\u00e7\u00e3o das suas contrap<span class=\"_ _0\"></span>artes financeiras, li<span class=\"_ _0\"></span>mitando a sua exposi\u00e7\u00e3o de acordo com uma an\u00e1lise indi<span class=\"_ _0\"></span>vidual de risco e com p<span class=\"_ _0\"></span>lafonds previamente aprovados. Exposi\u00e7\u00e3o m\u00e1xima ao risco de cr\u00e9dito A e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>\u00e1xi<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sco <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivos <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>orre<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ao v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r l\u00edq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>do d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>smo<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nfo<span class=\"_ _0\"></span>rme<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 N\u00e3o correntes<span class=\"_ _1\"></span> Valores a receber (<span class=\"_ _1\"></span>Nota 4.2)<span class=\"_ _1\"></span> 25<span class=\"ls0\">.</span>282<span class=\"ls0\">.858  </span>8.<span class=\"ls24\">604</span>.547  Correntes Valores a receber (<span class=\"_ _1\"></span>Nota 4.2)<span class=\"_ _1\"></span> 499<span class=\"ls0\">.</span>143<span class=\"ls0\">.408  </span>317<span class=\"ls0\">.</span>882<span class=\"ls0\">.760  </span>Caixa e equiva<span class=\"_ _1\"></span>lentes de ca<span class=\"_ _1\"></span>ixa (Nota 5.9)<span class=\"_ _1\"></span> 343<span class=\"ls0\">.</span>083<span class=\"ls0\">.788  </span>239<span class=\"ls0\">.</span>171<span class=\"ls0\">.252  </span>867<span class=\"ls0\">.510.0<span class=\"_ _1\"></span>55  </span>565<span class=\"ls0\">.658.5<span class=\"_ _1\"></span>59  </span>Estrutura de antiguidade dos saldos de Clientes Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>os s<span class=\"_ _0\"></span>ald<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Cl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tav<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>igu<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade,<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo r<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>r\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alore<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> abe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es: Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 valores n\u00e3o venc<span class=\"_ _1\"></span>idos 300<span class=\"ls0\">.</span>633<span class=\"ls0\">.239  </span>208<span class=\"ls0\">.</span>051<span class=\"ls0\">.472  </span>de<span class=\"ls0\"> 1 a 90 dias<span class=\"_ _1\"></span> </span>40<span class=\"ls0\">.</span>593<span class=\"ls0\">.683  </span>2.<span class=\"ls24\">455</span>.066  de<span class=\"ls0\"> 91 a 180 d<span class=\"_ _1\"></span>ias </span>339<span class=\"ls0\">.</span>640 <span class=\"ls0\"> </span>199<span class=\"ls0\">.</span>088 <span class=\"ls0\"> </span>de 181 a 360 dias<span class=\"_ _1\"></span> 22<span class=\"ls0\">.</span>940 <span class=\"ls0\"> </span>83<span class=\"ls0\">.</span>457 <span class=\"ls0\"> </span>de 361a 540 d<span class=\"_ _1\"></span>ias 2.<span class=\"ls24\">224 </span> -  de 541 a 720 dias<span class=\"_ _1\"></span> 8.<span class=\"ls24\">507 </span> -  a mais de 721 d<span class=\"_ _1\"></span>ias 1.<span class=\"ls24\">226 </span> -  341<span class=\"ls0\">.601.4<span class=\"_ _1\"></span>58  </span>210<span class=\"ls0\">.789.0<span class=\"_ _1\"></span>83  </span>Saldos considerado<span class=\"_ _1\"></span>s em imparidad<span class=\"_ _1\"></span>e 6.<span class=\"ls24\">621</span>.084  2.<span class=\"ls24\">173</span>.128  Imparidades (6<span class=\"ls0\">.<span class=\"ls24\">621</span>.084)<span class=\"_ _1\"></span> </span>(2 173.<span class=\"ls24\">128)</span> Saldo l\u00edquido d<span class=\"_ _1\"></span>e Clientes (No<span class=\"_ _1\"></span>ta 4.2)<span class=\"_ _1\"></span> 341<span class=\"ls0\">.601.4<span class=\"_ _1\"></span>58  </span>210<span class=\"ls0\">.789.0<span class=\"_ _1\"></span>83  </span>Valores a receber de <span class=\"_ _1\"></span>Clientes <span class=\"_ _1\"></span>cobertos por seguro<span class=\"_ _1\"></span> de cr\u00e9dito<span class=\"_ _1\"></span> 314<span class=\"ls0\">.</span>114<span class=\"ls0\">.794  </span>191<span class=\"ls0\">.</span>731<span class=\"ls0\">.227  </span>Valores a receber de <span class=\"_ _1\"></span>Clientes <span class=\"_ _1\"></span>cobertos por garant<span class=\"_ _1\"></span>ias banc\u00e1rias<span class=\"_ _1\"></span> 3.<span class=\"ls24\">133</span>.247  2.<span class=\"ls24\">761</span>.574  Valores a receber de <span class=\"_ _1\"></span>Clientes <span class=\"_ _1\"></span>cobertos por acord<span class=\"_ _1\"></span>os de reserva de pro<span class=\"_ _1\"></span>priedade<span class=\"_ _1\"></span> 12<span class=\"ls0\">.</span>271<span class=\"ls0\">.335  </span>5.<span class=\"ls24\">464</span>.991  Valores a receber de <span class=\"_ _1\"></span>Clientes <span class=\"_ _1\"></span>cobertos por cartas<span class=\"_ _1\"></span> de cr\u00e9dito / remess<span class=\"_ _1\"></span>as document\u00e1rias<span class=\"_ _45\"></span> 9.<span class=\"ls24\">310</span>.135  5.<span class=\"ls24\">765</span>.396  Valores a receb<span class=\"_ _1\"></span>er cobertos<span class=\"_ _1\"></span> 338<span class=\"ls0\">.829.5<span class=\"_ _1\"></span>11  </span>205<span class=\"ls0\">.723.1<span class=\"_ _1\"></span>88  </span>Linhas de segur<span class=\"_ _1\"></span>o de cr\u00e9dito di<span class=\"_ _1\"></span>spon\u00edveis n\u00e3o uti<span class=\"_ _1\"></span>lizadas 459<span class=\"ls0\">.</span>495<span class=\"ls0\">.787  </span>353<span class=\"ls0\">.</span>731<span class=\"ls0\">.395  </span>Linhas de cobe<span class=\"_ _1\"></span>rtura de cr\u00e9dito <span class=\"_ _1\"></span>contratadas<span class=\"_ _1\"></span> 798<span class=\"ls0\">.325.2<span class=\"_ _1\"></span>98  </span>559<span class=\"ls0\">.454.5<span class=\"_ _1\"></span>83  </span>Os <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>sent<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>pon<span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, f<span class=\"_ _0\"></span>ace<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>raz<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>.  Os <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rto<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pei<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>viam<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ela <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>s\u00e3o Exe<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> (<span class=\"ff9\">\u20ac<span class=\"_ _0\"></span>2.<span class=\"_ _0\"></span>771<span class=\"_ _0\"></span>.94<span class=\"_ _0\"></span>7<span class=\"ff1 lsd\">).<span class=\"ls0\"> </span></span></span>Ape<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> na <span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>alg<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>ce <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>azos<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> n\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ta,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cord<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> inf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhec<span class=\"_ _0\"></span>imen<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e si<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>arid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ara <span class=\"_ _0\"></span>al\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>espo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>. Est<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>gul<span class=\"_ _0\"></span>arme<span class=\"_ _3b\"></span>nte r<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>nida<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpor<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> Cl<span class=\"_ _0\"></span>ien<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>mit<span class=\"_ _0\"></span>e, e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>conj<span class=\"_ _0\"></span>uga<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia <span class=\"_ _0\"></span>reu<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a an\u00e1<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>jug<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>stro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>dito<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> ver<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>m,<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>\u00e0 s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>urad<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>def<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>hec<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>isti<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m g<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>anti<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>uma <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>igni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>aldos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>aber<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>, ju<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> ter<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>alqu<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> sa<span class=\"_ _0\"></span>ldo<span class=\"_ _0\"></span>s. R<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>risc<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>egu<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>bert<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>cati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ald<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>abe<span class=\"_ _0\"></span>rto<span class=\"_ _0\"></span>. A a<span class=\"_ _0\"></span>n\u00e1l<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>teir<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sald<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>n\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s \u00e1<span class=\"_ _0\"></span>reas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>\u00f3cio<span class=\"_ _0\"></span> ana<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>sav<span class=\"_ _0\"></span>a-s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>como<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ue: A 31 de dezembr<span class=\"_ _1\"></span>o de 2022<span class=\"_ _1\"></span><span class=\"fc5\"> </span>Pasta  Papel  Papel  Valores em Euros<span class=\"_ _1\"></span> Mercado UWF Tissue<span class=\"ff3\"> </span>Energia Suporte Total valores n\u00e3o venc<span class=\"_ _1\"></span>idos 18<span class=\"ls0\">.</span>354<span class=\"ls0\">.214  </span>205<span class=\"ls0\">.</span>260<span class=\"ls0\">.083  </span>41<span class=\"ls0\">.</span>107<span class=\"ls0\">.860  </span>23<span class=\"ls0\">.</span>335<span class=\"ls0\">.066  </span>12<span class=\"ls0\">.</span>576<span class=\"ls0\">.016  </span>300<span class=\"ls0\">.</span>633<span class=\"ls0\">.239  </span>de<span class=\"ls0\"> 1 a 90 dias<span class=\"_ _1\"></span> </span>578<span class=\"ls0\">.</span>572 <span class=\"ls0\"> </span>35<span class=\"ls0\">.</span>168<span class=\"ls0\">.534  </span>3.<span class=\"ls24\">229</span>.499  124<span class=\"ls0\">.</span>008 <span class=\"ls0\"> </span>1.<span class=\"ls24\">493</span>.070  40<span class=\"ls0\">.</span>593<span class=\"ls0\">.683  </span>de<span class=\"ls0\"> 91 a 180 d<span class=\"_ _1\"></span>ias </span>7.<span class=\"ls24\">275 </span> -  42<span class=\"ls0\">.</span>050 <span class=\"ls0\"> </span>-  290<span class=\"ls0\">.</span>315 <span class=\"ls0\"> </span>339<span class=\"ls0\">.</span>640 <span class=\"ls0\"> </span>de 181 a 360 dias<span class=\"_ _1\"></span> -  -  9.<span class=\"ls24\">449 </span> -  13<span class=\"ls0\">.</span>490 <span class=\"ls0\"> </span>22<span class=\"ls0\">.</span>939 <span class=\"ls0\"> </span>de 361a 540 d<span class=\"_ _1\"></span>ias -  -  2.<span class=\"ls24\">224 </span> -  -  2.<span class=\"ls24\">224 </span> de 541 a 720 dias<span class=\"_ _1\"></span> -  -  8.<span class=\"ls24\">507 </span> -  -  8.<span class=\"ls24\">507 </span> a mais de 721 d<span class=\"_ _1\"></span>ias -  -  1.<span class=\"ls24\">226 </span> -  -  1.<span class=\"ls24\">226 </span> 18<span class=\"ls0\">.</span>940<span class=\"ls0\">.<span class=\"_ _1\"></span>061  </span>240<span class=\"ls0\">.428.6<span class=\"_ _1\"></span>17  </span>44<span class=\"ls0\">.</span>400<span class=\"ls0\">.<span class=\"_ _1\"></span>815  </span>23<span class=\"ls0\">.</span>459<span class=\"ls0\">.<span class=\"_ _1\"></span>074  </span>14<span class=\"ls0\">.</span>372<span class=\"ls0\">.<span class=\"_ _1\"></span>891  </span>341<span class=\"ls0\">.601.4<span class=\"_ _1\"></span>58  </span>A 31 de dezembr<span class=\"_ _1\"></span>o de 2021<span class=\"_ _1\"></span> Pasta  Papel  Papel  Valores em Euros<span class=\"_ _1\"></span> Mercado UWF Tissue<span class=\"ff3\"> </span>Energia Suporte Total valores n\u00e3o venc<span class=\"_ _1\"></span>idos 27<span class=\"ls0\">.</span>781<span class=\"ls0\">.181  </span>145<span class=\"ls0\">.</span>229<span class=\"ls0\">.659  </span>29<span class=\"ls0\">.</span>844<span class=\"ls0\">.012  </span>791<span class=\"ls0\">.</span>242 <span class=\"ls0\"> </span>4.<span class=\"ls24\">405</span>.378  208<span class=\"ls0\">.</span>051<span class=\"ls0\">.472  </span>de<span class=\"ls0\"> 1 a 90 dias<span class=\"_ _1\"></span> </span>-  -  1.<span class=\"ls24\">127</span>.754  -  1.<span class=\"ls24\">327</span>.312  2.<span class=\"ls24\">455</span>.066  de<span class=\"ls0\"> 91 a 180 d<span class=\"_ _1\"></span>ias </span>-  -  96<span class=\"ls0\">.</span>945 <span class=\"ls0\"> </span>-  102<span class=\"ls0\">.</span>143 <span class=\"ls0\"> </span>199<span class=\"ls0\">.</span>088 <span class=\"ls0\"> </span>de 181 a 360 dias<span class=\"_ _1\"></span> -  -  45<span class=\"ls0\">.</span>744 <span class=\"ls0\"> </span>-  37<span class=\"ls0\">.</span>713 <span class=\"ls0\"> </span>83<span class=\"ls0\">.</span>457 <span class=\"ls0\"> </span>de 361a 540 d<span class=\"_ _1\"></span>ias -  -  -  -  -  -  de 541 a 720 dias<span class=\"_ _1\"></span> -  -  -  -  -  -  a mais de 721 d<span class=\"_ _1\"></span>ias -  -  -  -  -  -  27<span class=\"ls0\">.</span>781<span class=\"ls0\">.<span class=\"_ _1\"></span>181  </span>145<span class=\"ls0\">.229.6<span class=\"_ _1\"></span>59  </span>31<span class=\"ls0\">.</span>114<span class=\"ls0\">.<span class=\"_ _1\"></span>455  </span>791<span class=\"ls0\">.242 <span class=\"_ _1\"></span> </span>5.872.<span class=\"ls2b\">546 <span class=\"_ _1\"></span></span> 210<span class=\"ls0\">.789.0<span class=\"_ _1\"></span>83  </span>Imparidade de Clientes e outros devedores Imparidades<span class=\"_ _1\"></span> Valores em EurosClientes Outros dev<span class=\"_ _0\"></span>edores Total Saldo em 1 de janeir<span class=\"_ _1\"></span>o de 2021<span class=\"_ _1\"></span> (1<span class=\"ls0\">.984.970) </span>(231.262) (2<span class=\"ls0\">.216.232) </span>Refor\u00e7o - Impa<span class=\"_ _1\"></span>cto da IFRS 9 em <span class=\"_ _1\"></span>resultados d<span class=\"_ _1\"></span>o per\u00edodo<span class=\"_ _1\"></span> 123<span class=\"ls0\">.</span>146 - 123<span class=\"ls0\">.</span>146 Refor\u00e7o (Nota 2.3)<span class=\"_ _1\"></span> (404.476) (3<span class=\"ls0\">.762)<span class=\"_ _1\"></span> </span>(408.238) Revers\u00f5es 77<span class=\"ls0\">.</span>603 - 77<span class=\"ls0\">.</span>603 Utiliza\u00e7\u00f5es 15<span class=\"ls0\">.</span>568 15<span class=\"ls0\">.</span>568 Saldo em 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2021 (2<span class=\"ls0\">.173.129) </span>(235.024) (2<span class=\"ls0\">.408.153) </span>Refor\u00e7o - Impa<span class=\"_ _1\"></span>cto da IFRS 9 em <span class=\"_ _1\"></span>resultados d<span class=\"_ _1\"></span>o per\u00edodo<span class=\"_ _1\"></span> (1<span class=\"ls0\">.<span class=\"ls24\">171</span>.788)<span class=\"_ _1\"></span> </span>-(1<span class=\"ls0\">.<span class=\"ls24\">171</span>.788)</span>Refor\u00e7o (Nota 2.3)<span class=\"_ _1\"></span> (3<span class=\"ls0\">.<span class=\"ls24\">277</span>.947)<span class=\"_ _1\"></span> </span>(45.116) (3<span class=\"ls0\">.<span class=\"ls24\">323</span>.063)</span>Revers\u00f5es 101<span class=\"ls0\">.</span>523 1.<span class=\"ls24\">283 </span>102<span class=\"ls0\">.</span>806 Utiliza\u00e7\u00f5es (99.743) (4<span class=\"ls0\">.885)<span class=\"_ _1\"></span> </span>(104.628) Saldo em 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2022 (6<span class=\"ls0\">.621.084) </span>(283.742) (6<span class=\"ls0\">.904.826) </span>A t<span class=\"_ _0\"></span>abe<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>apre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>isco<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>r\u00e9d<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 31<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1, <span class=\"_ _0\"></span>fac<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>finan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os (<span class=\"_ _0\"></span>Cai<span class=\"_ _0\"></span>xa<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>equ<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ale<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>(Ma<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr\u00e9<span class=\"_ _0\"></span>dito<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>r\u00eas<span class=\"_ _0\"></span> ag<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cias<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng,<span class=\"_ _0\"></span> <span class=\"ff9\">St<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>ard<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>d <span class=\"_ _0\"></span>Poo<span class=\"_ _0\"></span>r\u2019s,<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>tc<span class=\"_ _0\"></span>h o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>Moo<span class=\"_ _0\"></span>dy\u2019<span class=\"_ _0\"></span>s<span class=\"ff7\">)<span class=\"ff1 lsd\">: <span class=\"ls0\"> </span></span></span></span>Institui\u00e7\u00f5es Fi<span class=\"_ _1\"></span>nanceiras<span class=\"_ _1\"></span> Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Rating AA<span class=\"ls0\"> </span>6.<span class=\"ls24\">231</span>.679 9.<span class=\"ls24\">801</span>.253 AA<span class=\"ls0\">- </span>74<span class=\"ls0\">.</span>995<span class=\"ls0\">.499 </span>- A+<span class=\"ls0\"> </span>122 316.040 84<span class=\"ls0\">.</span>976<span class=\"ls0\">.652 </span>A 476<span class=\"ls0\">.</span>414 6.<span class=\"ls24\">609</span>.078 A- 83<span class=\"ls0\">.</span>063<span class=\"ls0\">.488 </span>61<span class=\"ls0\">.</span>586<span class=\"ls0\">.886 </span>BBB+<span class=\"ls0\"> </span>- - BBB<span class=\"ls0\"> </span>51<span class=\"ls0\">.</span>917<span class=\"ls0\">.908 </span>73<span class=\"ls0\">.</span>253<span class=\"ls0\">.991 </span>BBB<span class=\"ls0\">- </span>- - BB+<span class=\"ls0\"> </span>186<span class=\"ls0\">.</span>584 60<span class=\"ls0\">.</span>468 BB - 108<span class=\"ls0\">.</span>006 BB<span class=\"ls0\">- </span>899<span class=\"ls0\">.</span>601 - B+<span class=\"ls0\"> </span>- - B - 179<span class=\"ls0\">.</span>662 B- - - Outros 2.<span class=\"ls24\">996</span>.574 2.<span class=\"ls24\">595</span>.255 343<span class=\"ls0\">.083.7<span class=\"_ _1\"></span>88 </span>239<span class=\"ls0\">.171.2<span class=\"_ _1\"></span>52 </span>Os <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> \u201cOu<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>\u201d inc<span class=\"_ _0\"></span>lue<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>\u00f3si<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ba<span class=\"_ _0\"></span>nc\u00e1<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ban<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u <span class=\"ff1\">e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>m n<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> </span>de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>atin<span class=\"_ _0\"></span>g, <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>adame<span class=\"_ _3b\"></span>nte <span class=\"_ _0\"></span>banc<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>cais<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Mo\u00e7<span class=\"_ _0\"></span>ambi<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ucu<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ange<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span>s. O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> tem<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>pol<span class=\"_ _0\"></span>\u00edti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>rigo<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>as c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rap<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s, l<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a sua<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xpo<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ord<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a an<span class=\"_ _0\"></span>\u00e1l<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>div<span class=\"_ _0\"></span>idu<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> <span class=\"ff7\">pl<span class=\"_ _0\"></span>afo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s<span class=\"ff1\"> pr<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>iame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e </span></span>apr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAllowanceForCreditLossesExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
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  "pp-value-57-3": {
   "value": "Pol\u00edticas Contabil\u00edsticas Subs\u00eddios do Gover<span class=\"_ _1\"></span>no Sub<span class=\"_ _0\"></span>s\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>plo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o Os <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bs\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gove<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>s\u00f3 s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ap\u00f3<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>tir <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o cum<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ir\u00e1<span class=\"_ _0\"></span> as <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>esm<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>\u00eddi<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>ebi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>Os <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>s\u00edd<span class=\"_ _0\"></span>ios \u00e0<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>plo<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>bid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>obj<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ompe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>rrid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>\u00e3o re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>m\u00e1t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aqu<span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>s\u00eddi<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>sam<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ar. Sub<span class=\"_ _0\"></span>s\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>bio<span class=\"_ _0\"></span>l\u00f3gi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s Os <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bs\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>biol<span class=\"_ _0\"></span>\u00f3gi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>Not<span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>.8)<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>riz<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>u j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r, con<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span> IAS <span class=\"_ _0\"></span>41<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ando<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ermo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>\u00eddi<span class=\"_ _0\"></span>o es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>os. Pol\u00edticas Contabil\u00edsticas Sub<span class=\"_ _0\"></span>s\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>inv<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bs\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao i<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>esti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> o o<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>uado<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>ng\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>clui<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo c<span class=\"_ _0\"></span>r\u00e9d<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fis<span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>s, s\u00e3o<span class=\"_ _0\"></span> cl<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo <span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>ndim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 4.3<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013</span> <span class=\"_ _0\"></span>Val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ar) <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>hec<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>os em<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> du<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>a \u00fat<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span> esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>sidi<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o \u00e0 d<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>(No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>3.<span class=\"_ _0\"></span>7),<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> efe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> apre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>. Sub<span class=\"_ _0\"></span>s\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>inv<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>mbo<span class=\"_ _0\"></span>ls\u00e1<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>is Os <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bs\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>obt<span class=\"_ _0\"></span>idos<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>rno<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>sob<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ui\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mos <span class=\"_ _0\"></span>ree<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ols<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>a tax<span class=\"_ _0\"></span>a b<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>da,<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tado<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>heci<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> bas<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ibui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tui<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bs\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span> a amo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ar p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9sti<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u do<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>ja<span class=\"_ _0\"></span> aqu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tend<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anci<span class=\"_ _0\"></span>ar, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e as <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span> Est<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>clu\u00ed<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a ru<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>ntos<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>dos (N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 5.<span class=\"_ _0\"></span>7<span class=\"lsd\">).</span> O<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>subs<span class=\"_ _0\"></span>\u00eddi<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>cebi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s s\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ssif<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o na<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>uxo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a. ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForGovernmentGrants",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-56-3": {
   "value": "Sub<span class=\"_ _0\"></span>s\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> Li<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>O</span></span>2Os <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bs\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> a l<span class=\"_ _0\"></span>ice<span class=\"_ _0\"></span>n\u00e7as<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>emi<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e C<span class=\"_ _0\"></span>O2 (<span class=\"_ _0\"></span>Not<span class=\"_ _0\"></span>a 3.<span class=\"_ _0\"></span>2)<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>feri<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rma <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>stem<span class=\"_ _0\"></span>\u00e1ti<span class=\"_ _0\"></span>ca du<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s que<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>les<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ubs\u00ed<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>am com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ar. Di<span class=\"_ _0\"></span>rei<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e C<span class=\"_ _0\"></span>O2As <span class=\"_ _0\"></span>Lic<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> de<span class=\"_ _3b\"></span> emis<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> CO2 at<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu\u00ed<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>\u00e2mb<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gim<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>CELE<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> Co<span class=\"_ _0\"></span>m\u00e9r<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> </span></span>Eur<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Li<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>miss<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>ufa<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> t\u00ed<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> gra<span class=\"_ _0\"></span>tui<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>d\u00e3o<span class=\"_ _0\"></span> ori<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a um <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>g\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spon<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> \u00e0<span class=\"_ _0\"></span>s li<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>s\u00edd<span class=\"_ _0\"></span>io d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Go<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>de i<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>al mo<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la o<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>egar<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s l<span class=\"_ _0\"></span>icen<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ival<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s ao<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sumo<span class=\"_ _0\"></span>s du<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>per\u00ed<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>o. As <span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00f3 s\u00e3<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>nqu<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>g\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uand<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>apaz<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>o, e<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>mens<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pelo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>u j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> (n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nici<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>. Se<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as l<span class=\"_ _0\"></span>ice<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span> sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>abai<span class=\"_ _0\"></span>xo <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>\u00edsti<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>nui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span>nen<span class=\"_ _0\"></span>te,<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rda<span class=\"_ _0\"></span> por<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> sob<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7as <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>vai<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>iliz<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> nas<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. O p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ocia<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>iga\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>evo<span class=\"_ _0\"></span>lve<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>as l<span class=\"_ _0\"></span>ice<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span>s \u00e9 <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cido<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>se n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>emi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eais<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>\u00e1 l<span class=\"_ _0\"></span>iqu<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> e \u00e9<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntab<span class=\"_ _0\"></span>il\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>co das<span class=\"_ _0\"></span> l<span class=\"_ _0\"></span>ice<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>adic<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nais <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> l<span class=\"_ _0\"></span>ice<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span>No <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>stei<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>int<span class=\"_ _0\"></span>ang\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>evol<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>\u00e0 Ent<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>oord<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Lice<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>iam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to u<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> FIF<span class=\"_ _0\"></span>O. Na <span class=\"_ _0\"></span>De<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s Re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> (r<span class=\"_ _0\"></span>ubr<span class=\"_ _0\"></span>ica <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Out<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s g<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>emi<span class=\"_ _0\"></span>ss\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>etu<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ao j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>xce<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>dq<span class=\"_ _0\"></span>uiri<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nsur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>as li<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ir<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> comp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>os r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>is q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>subs<span class=\"_ _0\"></span>\u00eddi<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gov<span class=\"_ _0\"></span>ern<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>gina<span class=\"_ _0\"></span>l (<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>b\u00e9m<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>conh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ui\u00e7\u00e3o<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> eve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s l<span class=\"_ _0\"></span>ice<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>xc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>so. O e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>sult<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>\u00e1 a<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>utro,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sumo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span> Qu<span class=\"_ _0\"></span>alq<span class=\"_ _0\"></span>uer <span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a D<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ltad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r\u00e1 d<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>is p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>ir <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>exce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> ven<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ev<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>en\u00e7<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>exc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>as fac<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>umo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ou a<span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rdas<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>arid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e li<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>\u00e3o uti<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>cion<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>e. ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForEmissionRightsExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-60-7": {
   "value": "2.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>is </span></span>Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Custo das mercador<span class=\"_ _1\"></span>ias vendid<span class=\"_ _1\"></span>as e mat\u00e9rias co<span class=\"_ _1\"></span>nsumidas (Not<span class=\"_ _1\"></span>a 4.1.2)<span class=\"_ _1\"></span> 968<span class=\"ls0\">.849.2<span class=\"_ _1\"></span>05 </span>629<span class=\"ls0\">.794.7<span class=\"_ _1\"></span>45 </span>Fornecimento<span class=\"_ _1\"></span>s e servi\u00e7os exte<span class=\"_ _1\"></span>rnos<span class=\"_ _1\"></span> Energia e flu\u00eddos<span class=\"_ _1\"></span> 216<span class=\"ls0\">.</span>276<span class=\"ls0\">.682 </span>134<span class=\"ls0\">.</span>874<span class=\"ls0\">.499 </span>Transporte de Mercad<span class=\"_ _1\"></span>orias 213<span class=\"ls0\">.</span>001<span class=\"ls0\">.707 </span>152<span class=\"ls0\">.</span>168<span class=\"ls0\">.311 </span>Trabalhos espec<span class=\"_ _1\"></span>ializados<span class=\"_ _1\"></span> 105<span class=\"ls0\">.</span>588<span class=\"ls0\">.546 </span>83<span class=\"ls0\">.</span>265<span class=\"ls0\">.324 </span>Conserva\u00e7\u00e3o e repara<span class=\"_ _1\"></span>\u00e7\u00e3o 36<span class=\"ls0\">.</span>058<span class=\"ls0\">.136 </span>29<span class=\"ls0\">.</span>676<span class=\"ls0\">.463 </span>Rendas e aluguere<span class=\"_ _1\"></span>s 7.<span class=\"ls24\">568</span>.844 8.<span class=\"ls24\">216</span>.430 Publicidade e pr<span class=\"_ _1\"></span>opaganda<span class=\"_ _1\"></span> 10<span class=\"ls0\">.</span>977<span class=\"ls0\">.857 </span>9.<span class=\"ls24\">754</span>.042 Seguros 8.<span class=\"ls24\">513</span>.884 7.<span class=\"ls24\">865</span>.892 Desloca\u00e7\u00f5es e estada<span class=\"_ _1\"></span>s 4.<span class=\"ls24\">249</span>.314 2.<span class=\"ls24\">624</span>.556 Honor\u00e1rios 4.<span class=\"ls24\">410</span>.417 5.<span class=\"ls24\">008</span>.210 Subcontratos<span class=\"_ _1\"></span> 2.<span class=\"ls24\">331</span>.111 2.<span class=\"ls24\">086</span>.188 Materiais 4.<span class=\"ls24\">426</span>.180 2.<span class=\"ls24\">737</span>.852 Comunica\u00e7\u00f5es<span class=\"_ _1\"></span> 1.<span class=\"ls24\">276</span>.693 1.<span class=\"ls24\">469</span>.281 Outros 11<span class=\"ls0\">.</span>479<span class=\"ls0\">.362 </span>9.<span class=\"ls24\">655</span>.313 626<span class=\"ls0\">.</span>158<span class=\"ls0\">.733 </span>449<span class=\"ls0\">.</span>402<span class=\"ls0\">.361 </span>Varia\u00e7\u00e3o da pro<span class=\"_ _1\"></span>du\u00e7\u00e3o (Nota 4.<span class=\"_ _1\"></span>1.3)<span class=\"_ _1\"></span> (80.484.007)<span class=\"_ _1\"></span> (1<span class=\"ls0\">.612.980) </span>Gastos com o pe<span class=\"_ _1\"></span>ssoal (Nota 7.<span class=\"_ _1\"></span>1) 186<span class=\"ls0\">.239.2<span class=\"_ _1\"></span>35 </span>155<span class=\"ls0\">.015.7<span class=\"_ _1\"></span>95 </span>Outros <span class=\"ws12\">gastos e <span class=\"ws13\">perdas </span>operacionais </span>Gastos com emiss\u00f5es de CO2 44<span class=\"ls0\">.</span>071<span class=\"ls0\">.034 </span>24<span class=\"ls0\">.</span>788<span class=\"ls0\">.284 </span>Imparidades em <span class=\"ws14\"> </span>dividas <span class=\"ws15\">a </span>receber 3.<span class=\"ls24\">323</span>.063 408<span class=\"ls0\">.</span>238 Imparidades em invent\u00e1rios <span class=\"_ _1\"></span>(Nota 4.1.4) 13<span class=\"ls0\">.</span>241<span class=\"ls0\">.209 </span>2.<span class=\"ls24\">643</span>.558 Outras perdas em invent\u00e1rios 4.<span class=\"ls24\">986</span>.967 1.<span class=\"ls24\">555</span>.909 Impostos indiretos e taxas 3.<span class=\"ls24\">091</span>.167 1.<span class=\"ls24\">663</span>.855 Taxa recursos hidricos 1.<span class=\"ls24\">439</span>.298 1.<span class=\"ls24\">689</span>.769 Outros gastos operacionais 3.<span class=\"ls24\">684</span>.354 5.<span class=\"ls24\">924</span>.423 73<span class=\"ls0\">.</span>837<span class=\"ls0\">.<span class=\"_ _1\"></span>092 </span>38<span class=\"ls0\">.</span>674<span class=\"_ _1\"></span><span class=\"ls0\">.036 </span>Provis\u00f5es l\u00edquida<span class=\"_ _1\"></span>s (Nota 10.1)<span class=\"_ _1\"></span> 1.621.<span class=\"ls2b\">447 </span>3.142.<span class=\"ls2b\">944 </span>Total dos Ga<span class=\"_ _1\"></span>stos e perdas ope<span class=\"_ _1\"></span>racionais<span class=\"_ _1\"></span> 1.774.<span class=\"ls2b\">600<span class=\"_ _1\"></span></span>.258 1.271.<span class=\"ls2b\">273<span class=\"_ _1\"></span></span>.957 ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfGeneralAndAdministrativeExpenseExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-59-4": {
   "value": "Ao <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ngo<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2 <span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>iu-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>agra<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>stos<span class=\"_ _0\"></span>. <span class=\"lse\">Na</span> <span class=\"_ _0\"></span>Ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a, de<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>ca-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>aume<span class=\"_ _3b\"></span>nto d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pre<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>a el<span class=\"_ _0\"></span>\u00e9t<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>g\u00e1s<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>mbo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nsad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>a da<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>re\u00e7<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> tar<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ada.<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>og\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>senta<span class=\"_ _0\"></span>m u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>ega<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>va, <span class=\"_ _0\"></span>fru<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>angi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ntos lo<span class=\"_ _0\"></span>g\u00eds<span class=\"_ _0\"></span>tico<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sv<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sal <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nomi<span class=\"_ _0\"></span>a.<span class=\"_ _0\"></span> N\u00e3o<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>igat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>iu man<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ua a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>100<span class=\"_ _0\"></span>%,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>alqu<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>rne<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>. 2.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>is </span></span>Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Custo das mercador<span class=\"_ _1\"></span>ias vendid<span class=\"_ _1\"></span>as e mat\u00e9rias co<span class=\"_ _1\"></span>nsumidas (Not<span class=\"_ _1\"></span>a 4.1.2)<span class=\"_ _1\"></span> 968<span class=\"ls0\">.849.2<span class=\"_ _1\"></span>05 </span>629<span class=\"ls0\">.794.7<span class=\"_ _1\"></span>45 </span>Fornecimento<span class=\"_ _1\"></span>s e servi\u00e7os exte<span class=\"_ _1\"></span>rnos<span class=\"_ _1\"></span> Energia e flu\u00eddos<span class=\"_ _1\"></span> 216<span class=\"ls0\">.</span>276<span class=\"ls0\">.682 </span>134<span class=\"ls0\">.</span>874<span class=\"ls0\">.499 </span>Transporte de Mercad<span class=\"_ _1\"></span>orias 213<span class=\"ls0\">.</span>001<span class=\"ls0\">.707 </span>152<span class=\"ls0\">.</span>168<span class=\"ls0\">.311 </span>Trabalhos espec<span class=\"_ _1\"></span>ializados<span class=\"_ _1\"></span> 105<span class=\"ls0\">.</span>588<span class=\"ls0\">.546 </span>83<span class=\"ls0\">.</span>265<span class=\"ls0\">.324 </span>Conserva\u00e7\u00e3o e repara<span class=\"_ _1\"></span>\u00e7\u00e3o 36<span class=\"ls0\">.</span>058<span class=\"ls0\">.136 </span>29<span class=\"ls0\">.</span>676<span class=\"ls0\">.463 </span>Rendas e aluguere<span class=\"_ _1\"></span>s 7.<span class=\"ls24\">568</span>.844 8.<span class=\"ls24\">216</span>.430 Publicidade e pr<span class=\"_ _1\"></span>opaganda<span class=\"_ _1\"></span> 10<span class=\"ls0\">.</span>977<span class=\"ls0\">.857 </span>9.<span class=\"ls24\">754</span>.042 Seguros 8.<span class=\"ls24\">513</span>.884 7.<span class=\"ls24\">865</span>.892 Desloca\u00e7\u00f5es e estada<span class=\"_ _1\"></span>s 4.<span class=\"ls24\">249</span>.314 2.<span class=\"ls24\">624</span>.556 Honor\u00e1rios 4.<span class=\"ls24\">410</span>.417 5.<span class=\"ls24\">008</span>.210 Subcontratos<span class=\"_ _1\"></span> 2.<span class=\"ls24\">331</span>.111 2.<span class=\"ls24\">086</span>.188 Materiais 4.<span class=\"ls24\">426</span>.180 2.<span class=\"ls24\">737</span>.852 Comunica\u00e7\u00f5es<span class=\"_ _1\"></span> 1.<span class=\"ls24\">276</span>.693 1.<span class=\"ls24\">469</span>.281 Outros 11<span class=\"ls0\">.</span>479<span class=\"ls0\">.362 </span>9.<span class=\"ls24\">655</span>.313 626<span class=\"ls0\">.</span>158<span class=\"ls0\">.733 </span>449<span class=\"ls0\">.</span>402<span class=\"ls0\">.361 </span>Varia\u00e7\u00e3o da pro<span class=\"_ _1\"></span>du\u00e7\u00e3o (Nota 4.<span class=\"_ _1\"></span>1.3)<span class=\"_ _1\"></span> (80.484.007)<span class=\"_ _1\"></span> (1<span class=\"ls0\">.612.980) </span>Gastos com o pe<span class=\"_ _1\"></span>ssoal (Nota 7.<span class=\"_ _1\"></span>1) 186<span class=\"ls0\">.239.2<span class=\"_ _1\"></span>35 </span>155<span class=\"ls0\">.015.7<span class=\"_ _1\"></span>95 </span>Outros <span class=\"ws12\">gastos e <span class=\"ws13\">perdas </span>operacionais </span>Gastos com emiss\u00f5es de CO2 44<span class=\"ls0\">.</span>071<span class=\"ls0\">.034 </span>24<span class=\"ls0\">.</span>788<span class=\"ls0\">.284 </span>Imparidades em <span class=\"ws14\"> </span>dividas <span class=\"ws15\">a </span>receber 3.<span class=\"ls24\">323</span>.063 408<span class=\"ls0\">.</span>238 Imparidades em invent\u00e1rios <span class=\"_ _1\"></span>(Nota 4.1.4) 13<span class=\"ls0\">.</span>241<span class=\"ls0\">.209 </span>2.<span class=\"ls24\">643</span>.558 Outras perdas em invent\u00e1rios 4.<span class=\"ls24\">986</span>.967 1.<span class=\"ls24\">555</span>.909 Impostos indiretos e taxas 3.<span class=\"ls24\">091</span>.167 1.<span class=\"ls24\">663</span>.855 Taxa recursos hidricos 1.<span class=\"ls24\">439</span>.298 1.<span class=\"ls24\">689</span>.769 Outros gastos operacionais 3.<span class=\"ls24\">684</span>.354 5.<span class=\"ls24\">924</span>.423 73<span class=\"ls0\">.</span>837<span class=\"ls0\">.<span class=\"_ _1\"></span>092 </span>38<span class=\"ls0\">.</span>674<span class=\"_ _1\"></span><span class=\"ls0\">.036 </span>Provis\u00f5es l\u00edquida<span class=\"_ _1\"></span>s (Nota 10.1)<span class=\"_ _1\"></span> 1.621.<span class=\"ls2b\">447 </span>3.142.<span class=\"ls2b\">944 </span>Total dos Ga<span class=\"_ _1\"></span>stos e perdas ope<span class=\"_ _1\"></span>racionais<span class=\"_ _1\"></span> 1.774.<span class=\"ls2b\">600<span class=\"_ _1\"></span></span>.258 1.271.<span class=\"ls2b\">273<span class=\"_ _1\"></span></span>.957 14Os <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>miss<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>CO2 co<span class=\"_ _0\"></span>rre<span class=\"_ _3b\"></span>spond<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>emi<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 5<span class=\"_ _0\"></span>74<span class=\"_ _0\"></span>.75<span class=\"_ _0\"></span>0 t<span class=\"_ _0\"></span>one<span class=\"_ _0\"></span>lad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span><span class=\"ls1a\">CO</span>2(3<span class=\"_ _0\"></span>1 de<span class=\"_ _3b\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span><span class=\"lsd\">: <span class=\"ls0\">561<span class=\"_ _0\"></span>.61<span class=\"_ _0\"></span>3 t<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>adas<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>van<span class=\"_ _0\"></span>do-<span class=\"_ _0\"></span>se,<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>is,<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>9,<span class=\"_ _0\"></span>8% d<span class=\"_ _0\"></span>as </span></span>em<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> CO2 fa<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>0, <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a Sc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span> Bas<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> Tar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> Ini<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve (<span class=\"_ _0\"></span>57<span class=\"_ _0\"></span>4.7<span class=\"_ _0\"></span>50<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>nel<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>71<span class=\"_ _0\"></span>7.1<span class=\"_ _0\"></span>21 <span class=\"_ _0\"></span>ton<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>O2 <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>0)<span class=\"_ _0\"></span>. <span class=\"ls40\">O </span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>c\u00edci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>iam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te, <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>cot<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>cen\u00e7<span class=\"_ _0\"></span>as. O a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>mpar<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nt\u00e1<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nclu<span class=\"_ _0\"></span>i aj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> <span class=\"ff7\">s<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ck<span class=\"ff1\"> <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pape<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>UWF<span class=\"_ _0\"></span> </span></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>pel <span class=\"_ _0\"></span><span class=\"ff7\">ti<span class=\"_ _0\"></span>ssue<span class=\"_ _0\"></span><span class=\"ff9\">, <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>\u20ac7<span class=\"_ _0\"></span>.93<span class=\"_ _0\"></span>1.3<span class=\"_ _0\"></span>09<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>u\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>ca<span class=\"ff1\">\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ite<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m me<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>r </span></span></span>ro<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>venda<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rfo<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ndas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>x de<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span> Adi<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>eran<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rsp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>fut<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> \u00fate<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>equi<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ndu<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span><span class=\"ls30\">o <span class=\"ls0\">Grup<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>u as<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>e\u00e7as<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>erva </span></span>ne<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>s\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ua\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s eq<span class=\"_ _0\"></span>uip<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>uma <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xc<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>\u00e7a<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>rv<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span><span class=\"ff7\">stoc<span class=\"_ _0\"></span>k<span class=\"ff1\">, <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac<span class=\"_ _0\"></span>5.30<span class=\"_ _0\"></span>9.<span class=\"_ _0\"></span>90<span class=\"_ _0\"></span>0.<span class=\"ff1\"> </span></span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherOperatingExpenseExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-59-5": {
   "value": "Ao <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ngo<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2 <span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>iu-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>agra<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>stos<span class=\"_ _0\"></span>. <span class=\"lse\">Na</span> <span class=\"_ _0\"></span>Ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a, de<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>ca-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>aume<span class=\"_ _3b\"></span>nto d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pre<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>a el<span class=\"_ _0\"></span>\u00e9t<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>g\u00e1s<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>mbo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nsad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>a da<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>re\u00e7<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> tar<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ada.<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>og\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>senta<span class=\"_ _0\"></span>m u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>ega<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>va, <span class=\"_ _0\"></span>fru<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>angi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ntos lo<span class=\"_ _0\"></span>g\u00eds<span class=\"_ _0\"></span>tico<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sv<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sal <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nomi<span class=\"_ _0\"></span>a.<span class=\"_ _0\"></span> N\u00e3o<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>igat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>iu man<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ua a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>100<span class=\"_ _0\"></span>%,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>alqu<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>rne<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>. 2.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>is </span></span>Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Custo das mercador<span class=\"_ _1\"></span>ias vendid<span class=\"_ _1\"></span>as e mat\u00e9rias co<span class=\"_ _1\"></span>nsumidas (Not<span class=\"_ _1\"></span>a 4.1.2)<span class=\"_ _1\"></span> 968<span class=\"ls0\">.849.2<span class=\"_ _1\"></span>05 </span>629<span class=\"ls0\">.794.7<span class=\"_ _1\"></span>45 </span>Fornecimento<span class=\"_ _1\"></span>s e servi\u00e7os exte<span class=\"_ _1\"></span>rnos<span class=\"_ _1\"></span> Energia e flu\u00eddos<span class=\"_ _1\"></span> 216<span class=\"ls0\">.</span>276<span class=\"ls0\">.682 </span>134<span class=\"ls0\">.</span>874<span class=\"ls0\">.499 </span>Transporte de Mercad<span class=\"_ _1\"></span>orias 213<span class=\"ls0\">.</span>001<span class=\"ls0\">.707 </span>152<span class=\"ls0\">.</span>168<span class=\"ls0\">.311 </span>Trabalhos espec<span class=\"_ _1\"></span>ializados<span class=\"_ _1\"></span> 105<span class=\"ls0\">.</span>588<span class=\"ls0\">.546 </span>83<span class=\"ls0\">.</span>265<span class=\"ls0\">.324 </span>Conserva\u00e7\u00e3o e repara<span class=\"_ _1\"></span>\u00e7\u00e3o 36<span class=\"ls0\">.</span>058<span class=\"ls0\">.136 </span>29<span class=\"ls0\">.</span>676<span class=\"ls0\">.463 </span>Rendas e aluguere<span class=\"_ _1\"></span>s 7.<span class=\"ls24\">568</span>.844 8.<span class=\"ls24\">216</span>.430 Publicidade e pr<span class=\"_ _1\"></span>opaganda<span class=\"_ _1\"></span> 10<span class=\"ls0\">.</span>977<span class=\"ls0\">.857 </span>9.<span class=\"ls24\">754</span>.042 Seguros 8.<span class=\"ls24\">513</span>.884 7.<span class=\"ls24\">865</span>.892 Desloca\u00e7\u00f5es e estada<span class=\"_ _1\"></span>s 4.<span class=\"ls24\">249</span>.314 2.<span class=\"ls24\">624</span>.556 Honor\u00e1rios 4.<span class=\"ls24\">410</span>.417 5.<span class=\"ls24\">008</span>.210 Subcontratos<span class=\"_ _1\"></span> 2.<span class=\"ls24\">331</span>.111 2.<span class=\"ls24\">086</span>.188 Materiais 4.<span class=\"ls24\">426</span>.180 2.<span class=\"ls24\">737</span>.852 Comunica\u00e7\u00f5es<span class=\"_ _1\"></span> 1.<span class=\"ls24\">276</span>.693 1.<span class=\"ls24\">469</span>.281 Outros 11<span class=\"ls0\">.</span>479<span class=\"ls0\">.362 </span>9.<span class=\"ls24\">655</span>.313 626<span class=\"ls0\">.</span>158<span class=\"ls0\">.733 </span>449<span class=\"ls0\">.</span>402<span class=\"ls0\">.361 </span>Varia\u00e7\u00e3o da pro<span class=\"_ _1\"></span>du\u00e7\u00e3o (Nota 4.<span class=\"_ _1\"></span>1.3)<span class=\"_ _1\"></span> (80.484.007)<span class=\"_ _1\"></span> (1<span class=\"ls0\">.612.980) </span>Gastos com o pe<span class=\"_ _1\"></span>ssoal (Nota 7.<span class=\"_ _1\"></span>1) 186<span class=\"ls0\">.239.2<span class=\"_ _1\"></span>35 </span>155<span class=\"ls0\">.015.7<span class=\"_ _1\"></span>95 </span>Outros <span class=\"ws12\">gastos e <span class=\"ws13\">perdas </span>operacionais </span>Gastos com emiss\u00f5es de CO2 44<span class=\"ls0\">.</span>071<span class=\"ls0\">.034 </span>24<span class=\"ls0\">.</span>788<span class=\"ls0\">.284 </span>Imparidades em <span class=\"ws14\"> </span>dividas <span class=\"ws15\">a </span>receber 3.<span class=\"ls24\">323</span>.063 408<span class=\"ls0\">.</span>238 Imparidades em invent\u00e1rios <span class=\"_ _1\"></span>(Nota 4.1.4) 13<span class=\"ls0\">.</span>241<span class=\"ls0\">.209 </span>2.<span class=\"ls24\">643</span>.558 Outras perdas em invent\u00e1rios 4.<span class=\"ls24\">986</span>.967 1.<span class=\"ls24\">555</span>.909 Impostos indiretos e taxas 3.<span class=\"ls24\">091</span>.167 1.<span class=\"ls24\">663</span>.855 Taxa recursos hidricos 1.<span class=\"ls24\">439</span>.298 1.<span class=\"ls24\">689</span>.769 Outros gastos operacionais 3.<span class=\"ls24\">684</span>.354 5.<span class=\"ls24\">924</span>.423 73<span class=\"ls0\">.</span>837<span class=\"ls0\">.<span class=\"_ _1\"></span>092 </span>38<span class=\"ls0\">.</span>674<span class=\"_ _1\"></span><span class=\"ls0\">.036 </span>Provis\u00f5es l\u00edquida<span class=\"_ _1\"></span>s (Nota 10.1)<span class=\"_ _1\"></span> 1.621.<span class=\"ls2b\">447 </span>3.142.<span class=\"ls2b\">944 </span>Total dos Ga<span class=\"_ _1\"></span>stos e perdas ope<span class=\"_ _1\"></span>racionais<span class=\"_ _1\"></span> 1.774.<span class=\"ls2b\">600<span class=\"_ _1\"></span></span>.258 1.271.<span class=\"ls2b\">273<span class=\"_ _1\"></span></span>.957 14Os <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>miss<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>CO2 co<span class=\"_ _0\"></span>rre<span class=\"_ _3b\"></span>spond<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>emi<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 5<span class=\"_ _0\"></span>74<span class=\"_ _0\"></span>.75<span class=\"_ _0\"></span>0 t<span class=\"_ _0\"></span>one<span class=\"_ _0\"></span>lad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span><span class=\"ls1a\">CO</span>2(3<span class=\"_ _0\"></span>1 de<span class=\"_ _3b\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span><span class=\"lsd\">: <span class=\"ls0\">561<span class=\"_ _0\"></span>.61<span class=\"_ _0\"></span>3 t<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>adas<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>van<span class=\"_ _0\"></span>do-<span class=\"_ _0\"></span>se,<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>is,<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>9,<span class=\"_ _0\"></span>8% d<span class=\"_ _0\"></span>as </span></span>em<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> CO2 fa<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>0, <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a Sc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span> Bas<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> Tar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> Ini<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve (<span class=\"_ _0\"></span>57<span class=\"_ _0\"></span>4.7<span class=\"_ _0\"></span>50<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>nel<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>71<span class=\"_ _0\"></span>7.1<span class=\"_ _0\"></span>21 <span class=\"_ _0\"></span>ton<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>O2 <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>0)<span class=\"_ _0\"></span>. <span class=\"ls40\">O </span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>c\u00edci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>iam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te, <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>cot<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>cen\u00e7<span class=\"_ _0\"></span>as. O a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>mpar<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nt\u00e1<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nclu<span class=\"_ _0\"></span>i aj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> <span class=\"ff7\">s<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ck<span class=\"ff1\"> <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pape<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>UWF<span class=\"_ _0\"></span> </span></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>pel <span class=\"_ _0\"></span><span class=\"ff7\">ti<span class=\"_ _0\"></span>ssue<span class=\"_ _0\"></span><span class=\"ff9\">, <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>\u20ac7<span class=\"_ _0\"></span>.93<span class=\"_ _0\"></span>1.3<span class=\"_ _0\"></span>09<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>u\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>ca<span class=\"ff1\">\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ite<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m me<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>r </span></span></span>ro<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>venda<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rfo<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ndas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>x de<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span> Adi<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>eran<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rsp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>fut<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> \u00fate<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>equi<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ndu<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span><span class=\"ls30\">o <span class=\"ls0\">Grup<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>u as<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>e\u00e7as<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>erva </span></span>ne<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>s\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ua\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s eq<span class=\"_ _0\"></span>uip<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>uma <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xc<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>\u00e7a<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>rv<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span><span class=\"ff7\">stoc<span class=\"_ _0\"></span>k<span class=\"ff1\">, <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac<span class=\"_ _0\"></span>5.30<span class=\"_ _0\"></span>9.<span class=\"_ _0\"></span>90<span class=\"_ _0\"></span>0.<span class=\"ff1\"> </span></span></span></span>3.7.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Depr<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>amo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es </span></span>e p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Deprecia\u00e7\u00f5es de at<span class=\"_ _1\"></span>ivos f<span class=\"_ _1\"></span>ixos tang\u00edveis do per<span class=\"_ _1\"></span>\u00edodo (Nota 3.3)<span class=\"_ _1\"></span> 156.458.558 <span class=\"_ _1\"></span> 118.371.406 <span class=\"_ _1\"></span> Utiliza\u00e7\u00e3o de subs<span class=\"_ _1\"></span>\u00eddios ao inve<span class=\"_ _1\"></span>stimento (Nota 3.5<span class=\"_ _1\"></span>)<span class=\"_ _1\"></span> (3.398.204) (4.102.577) Deprecia\u00e7\u00f5es d<span class=\"_ _1\"></span>e ativos fixos ta<span class=\"_ _1\"></span>ng\u00edveis, l\u00edquid<span class=\"_ _1\"></span>os de subs\u00eddios <span class=\"_ _1\"></span>utilizados<span class=\"_ _45\"></span> 153.060.354 <span class=\"_ _1\"></span> 114.268.829 <span class=\"_ _1\"></span> Amortiza\u00e7\u00f5es em a<span class=\"_ _1\"></span>tivos intang<span class=\"_ _1\"></span>\u00edveis do p<span class=\"_ _1\"></span>er\u00edodo (Nota 3.2)<span class=\"_ _1\"></span> 20.579  11.864  Deprecia\u00e7\u00f5es d<span class=\"_ _1\"></span>e ativos de dire<span class=\"_ _1\"></span>ito de uso do per\u00ed<span class=\"_ _1\"></span>odo (Nota 3.6<span class=\"_ _1\"></span>)<span class=\"_ _1\"></span> 8.194.999  7.717.005  Imparidades em pr<span class=\"_ _1\"></span>opriedades de<span class=\"_ _1\"></span> investimento<span class=\"_ _1\"></span> (Nota 3.4)<span class=\"_ _1\"></span> 1.646  1.646  161.277.579 <span class=\"_ _1\"></span> 121.999.345 <span class=\"_ _1\"></span> O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>ma r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> t\u00e9<span class=\"_ _0\"></span>cni<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>aval<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>is,<span class=\"_ _0\"></span> bem<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s ao<span class=\"_ _0\"></span> n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>\u00fatei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span> Dur<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lici<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>seus<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> ent<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> a v<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a \u00fa<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> a ob<span class=\"_ _0\"></span>sole<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia <span class=\"_ _0\"></span>fun<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>O e<span class=\"_ _0\"></span>stud<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>uado<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>\u00e9c<span class=\"_ _0\"></span>nica<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ivos<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s ce<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, on<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>urab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>t\u00e9c<span class=\"_ _0\"></span>nica<span class=\"_ _0\"></span>, f<span class=\"_ _0\"></span>\u00eds<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>tec<span class=\"_ _0\"></span>nol<span class=\"_ _0\"></span>\u00f3gi<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s eq<span class=\"_ _0\"></span>uip<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os.<span class=\"_ _0\"></span>  Ten<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or b<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>os, <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>como<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>inte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>23-<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>27 <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>sos<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>sum<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>os no <span class=\"_ _0\"></span>\u00e2mb<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o P<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>car<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>niz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>roj<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to a<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>Plan<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>cup<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>sili<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> (PR<span class=\"_ _0\"></span>R)<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>nos t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>s da<span class=\"_ _0\"></span> IAS <span class=\"_ _0\"></span>8,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>a \u00fa<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>pec<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ced<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> \u00e0 r<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a \u00fati<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>er\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a 1<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> jan<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22, <span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>u u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>aume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e \u20ac3<span class=\"_ _0\"></span>6,8<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ilh<span class=\"_ _0\"></span>\u00f5es <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> exe<span class=\"_ _0\"></span>rc\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>m\u00e9d<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>de, apr<span class=\"_ _0\"></span>ox<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte,<span class=\"_ _0\"></span> 7<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a \u00fa<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>era\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span><span class=\"ls29\">na<span class=\"ls0\">s d<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o ex<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>c\u00edc<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> </span></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> exe<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>enta<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: 2027 e Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2023<span class=\"ls0\"> </span>2024<span class=\"ls0\"> </span>2025<span class=\"ls0\"> </span>2026<span class=\"ls0\"> </span>seguintes Aumento / (redu\u00e7\u00e3o<span class=\"_ _1\"></span>) nas (36.814.312) (6.310.865) (4.041.086) (2.453.235)<span class=\"_ _1\"></span> 1.911.861 <span class=\"_ _1\"></span> 47.707.636 <span class=\"_ _1\"></span> deprecia\u00e7\u00f5es e amort<span class=\"_ _1\"></span>iza\u00e7\u00f5es<span class=\"_ _1\"></span> ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfExpensesByNatureExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-58-2": {
   "value": "Em <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> 20<span class=\"ls16\">21</span>,<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rne<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>vi\u00e7<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>xt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>esqu<span class=\"_ _0\"></span>isa<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tig<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>sce<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a \u20ac6<span class=\"_ _0\"></span>.03<span class=\"_ _0\"></span>7.<span class=\"_ _0\"></span>912<span class=\"_ _0\"></span><span class=\"ff1\"> <span class=\"ls12\">e </span><span class=\"ff9\">\u20ac4<span class=\"_ _0\"></span>.47<span class=\"_ _0\"></span>5.3<span class=\"_ _0\"></span>04<span class=\"_ _0\"></span><span class=\"ff1\">, re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vame<span class=\"_ _3b\"></span>nte. <span class=\"_ _0\"></span>O Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>v\u00ea </span></span></span>can<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>a S<span class=\"_ _0\"></span>IFID<span class=\"_ _0\"></span>E c<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac<span class=\"_ _0\"></span><span class=\"ff1\">13 <span class=\"_ _0\"></span>mil<span class=\"_ _0\"></span>h\u00f5e<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span><span class=\"ff9\">\u20ac<span class=\"ff1 ls93\">12<span class=\"_ _0\"></span><span class=\"ls10\">,3<span class=\"ls0\"> m<span class=\"_ _0\"></span>ilh<span class=\"_ _0\"></span>\u00f5es,<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1) r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>spesa<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> </span></span></span></span></span></span>Ao <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ngo<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2 <span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>iu-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>agra<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>stos<span class=\"_ _0\"></span>. <span class=\"lse\">Na</span> <span class=\"_ _0\"></span>Ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a, de<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>ca-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>aume<span class=\"_ _3b\"></span>nto d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pre<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>a el<span class=\"_ _0\"></span>\u00e9t<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>g\u00e1s<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>mbo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nsad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>a da<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>re\u00e7<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> tar<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ada.<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>og\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>senta<span class=\"_ _0\"></span>m u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>ega<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>va, <span class=\"_ _0\"></span>fru<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>angi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ntos lo<span class=\"_ _0\"></span>g\u00eds<span class=\"_ _0\"></span>tico<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sv<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sal <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nomi<span class=\"_ _0\"></span>a.<span class=\"_ _0\"></span> N\u00e3o<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>igat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>iu man<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ua a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>100<span class=\"_ _0\"></span>%,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>alqu<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>rne<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>. 2.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>is </span></span>Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Custo das mercador<span class=\"_ _1\"></span>ias vendid<span class=\"_ _1\"></span>as e mat\u00e9rias co<span class=\"_ _1\"></span>nsumidas (Not<span class=\"_ _1\"></span>a 4.1.2)<span class=\"_ _1\"></span> 968<span class=\"ls0\">.849.2<span class=\"_ _1\"></span>05 </span>629<span class=\"ls0\">.794.7<span class=\"_ _1\"></span>45 </span>Fornecimento<span class=\"_ _1\"></span>s e servi\u00e7os exte<span class=\"_ _1\"></span>rnos<span class=\"_ _1\"></span> Energia e flu\u00eddos<span class=\"_ _1\"></span> 216<span class=\"ls0\">.</span>276<span class=\"ls0\">.682 </span>134<span class=\"ls0\">.</span>874<span class=\"ls0\">.499 </span>Transporte de Mercad<span class=\"_ _1\"></span>orias 213<span class=\"ls0\">.</span>001<span class=\"ls0\">.707 </span>152<span class=\"ls0\">.</span>168<span class=\"ls0\">.311 </span>Trabalhos espec<span class=\"_ _1\"></span>ializados<span class=\"_ _1\"></span> 105<span class=\"ls0\">.</span>588<span class=\"ls0\">.546 </span>83<span class=\"ls0\">.</span>265<span class=\"ls0\">.324 </span>Conserva\u00e7\u00e3o e repara<span class=\"_ _1\"></span>\u00e7\u00e3o 36<span class=\"ls0\">.</span>058<span class=\"ls0\">.136 </span>29<span class=\"ls0\">.</span>676<span class=\"ls0\">.463 </span>Rendas e aluguere<span class=\"_ _1\"></span>s 7.<span class=\"ls24\">568</span>.844 8.<span class=\"ls24\">216</span>.430 Publicidade e pr<span class=\"_ _1\"></span>opaganda<span class=\"_ _1\"></span> 10<span class=\"ls0\">.</span>977<span class=\"ls0\">.857 </span>9.<span class=\"ls24\">754</span>.042 Seguros 8.<span class=\"ls24\">513</span>.884 7.<span class=\"ls24\">865</span>.892 Desloca\u00e7\u00f5es e estada<span class=\"_ _1\"></span>s 4.<span class=\"ls24\">249</span>.314 2.<span class=\"ls24\">624</span>.556 Honor\u00e1rios 4.<span class=\"ls24\">410</span>.417 5.<span class=\"ls24\">008</span>.210 Subcontratos<span class=\"_ _1\"></span> 2.<span class=\"ls24\">331</span>.111 2.<span class=\"ls24\">086</span>.188 Materiais 4.<span class=\"ls24\">426</span>.180 2.<span class=\"ls24\">737</span>.852 Comunica\u00e7\u00f5es<span class=\"_ _1\"></span> 1.<span class=\"ls24\">276</span>.693 1.<span class=\"ls24\">469</span>.281 Outros 11<span class=\"ls0\">.</span>479<span class=\"ls0\">.362 </span>9.<span class=\"ls24\">655</span>.313 626<span class=\"ls0\">.</span>158<span class=\"ls0\">.733 </span>449<span class=\"ls0\">.</span>402<span class=\"ls0\">.361 </span>Varia\u00e7\u00e3o da pro<span class=\"_ _1\"></span>du\u00e7\u00e3o (Nota 4.<span class=\"_ _1\"></span>1.3)<span class=\"_ _1\"></span> (80.484.007)<span class=\"_ _1\"></span> (1<span class=\"ls0\">.612.980) </span>Gastos com o pe<span class=\"_ _1\"></span>ssoal (Nota 7.<span class=\"_ _1\"></span>1) 186<span class=\"ls0\">.239.2<span class=\"_ _1\"></span>35 </span>155<span class=\"ls0\">.015.7<span class=\"_ _1\"></span>95 </span>Outros <span class=\"ws12\">gastos e <span class=\"ws13\">perdas </span>operacionais </span>Gastos com emiss\u00f5es de CO2 44<span class=\"ls0\">.</span>071<span class=\"ls0\">.034 </span>24<span class=\"ls0\">.</span>788<span class=\"ls0\">.284 </span>Imparidades em <span class=\"ws14\"> </span>dividas <span class=\"ws15\">a </span>receber 3.<span class=\"ls24\">323</span>.063 408<span class=\"ls0\">.</span>238 Imparidades em invent\u00e1rios <span class=\"_ _1\"></span>(Nota 4.1.4) 13<span class=\"ls0\">.</span>241<span class=\"ls0\">.209 </span>2.<span class=\"ls24\">643</span>.558 Outras perdas em invent\u00e1rios 4.<span class=\"ls24\">986</span>.967 1.<span class=\"ls24\">555</span>.909 Impostos indiretos e taxas 3.<span class=\"ls24\">091</span>.167 1.<span class=\"ls24\">663</span>.855 Taxa recursos hidricos 1.<span class=\"ls24\">439</span>.298 1.<span class=\"ls24\">689</span>.769 Outros gastos operacionais 3.<span class=\"ls24\">684</span>.354 5.<span class=\"ls24\">924</span>.423 73<span class=\"ls0\">.</span>837<span class=\"ls0\">.<span class=\"_ _1\"></span>092 </span>38<span class=\"ls0\">.</span>674<span class=\"_ _1\"></span><span class=\"ls0\">.036 </span>Provis\u00f5es l\u00edquida<span class=\"_ _1\"></span>s (Nota 10.1)<span class=\"_ _1\"></span> 1.621.<span class=\"ls2b\">447 </span>3.142.<span class=\"ls2b\">944 </span>Total dos Ga<span class=\"_ _1\"></span>stos e perdas ope<span class=\"_ _1\"></span>racionais<span class=\"_ _1\"></span> 1.774.<span class=\"ls2b\">600<span class=\"_ _1\"></span></span>.258 1.271.<span class=\"ls2b\">273<span class=\"_ _1\"></span></span>.957 in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tig<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>lvi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>(as<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nclu<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>amb\u00e9m<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m pe<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>oal<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>eg\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s).<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span>\u00e1 a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac4<span class=\"_ _0\"></span>,9 m<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>h\u00f5e<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1:<span class=\"_ _0\"></span> \u20ac4<span class=\"_ _0\"></span>,7 <span class=\"_ _0\"></span>mil<span class=\"_ _0\"></span>h\u00f5e<span class=\"_ _0\"></span>s).<span class=\"ff1\"> </span></span>14Os <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>miss<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>CO2 co<span class=\"_ _0\"></span>rre<span class=\"_ _3b\"></span>spond<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>emi<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 5<span class=\"_ _0\"></span>74<span class=\"_ _0\"></span>.75<span class=\"_ _0\"></span>0 t<span class=\"_ _0\"></span>one<span class=\"_ _0\"></span>lad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span><span class=\"ls1a\">CO</span>2(3<span class=\"_ _0\"></span>1 de<span class=\"_ _3b\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span><span class=\"lsd\">: <span class=\"ls0\">561<span class=\"_ _0\"></span>.61<span class=\"_ _0\"></span>3 t<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>adas<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>van<span class=\"_ _0\"></span>do-<span class=\"_ _0\"></span>se,<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>is,<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>9,<span class=\"_ _0\"></span>8% d<span class=\"_ _0\"></span>as </span></span>em<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> CO2 fa<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>0, <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a Sc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span> Bas<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> Tar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> Ini<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve (<span class=\"_ _0\"></span>57<span class=\"_ _0\"></span>4.7<span class=\"_ _0\"></span>50<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>nel<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>71<span class=\"_ _0\"></span>7.1<span class=\"_ _0\"></span>21 <span class=\"_ _0\"></span>ton<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>O2 <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>0)<span class=\"_ _0\"></span>. <span class=\"ls40\">O </span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>c\u00edci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>iam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te, <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>cot<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>cen\u00e7<span class=\"_ _0\"></span>as. O a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>mpar<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nt\u00e1<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nclu<span class=\"_ _0\"></span>i aj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> <span class=\"ff7\">s<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ck<span class=\"ff1\"> <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pape<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>UWF<span class=\"_ _0\"></span> </span></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>pel <span class=\"_ _0\"></span><span class=\"ff7\">ti<span class=\"_ _0\"></span>ssue<span class=\"_ _0\"></span><span class=\"ff9\">, <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>\u20ac7<span class=\"_ _0\"></span>.93<span class=\"_ _0\"></span>1.3<span class=\"_ _0\"></span>09<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>u\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>ca<span class=\"ff1\">\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ite<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m me<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>r </span></span></span>ro<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>venda<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rfo<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ndas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>x de<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span> Adi<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>eran<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rsp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>fut<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> \u00fate<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>equi<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ndu<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span><span class=\"ls30\">o <span class=\"ls0\">Grup<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>u as<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>e\u00e7as<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>erva </span></span>ne<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>s\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ua\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s eq<span class=\"_ _0\"></span>uip<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>uma <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xc<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>\u00e7a<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>rv<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span><span class=\"ff7\">stoc<span class=\"_ _0\"></span>k<span class=\"ff1\">, <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac<span class=\"_ _0\"></span>5.30<span class=\"_ _0\"></span>9.<span class=\"_ _0\"></span>90<span class=\"_ _0\"></span>0.<span class=\"ff1\"> </span></span></span></span>3.7.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Depr<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>amo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es </span></span>e p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Deprecia\u00e7\u00f5es de at<span class=\"_ _1\"></span>ivos f<span class=\"_ _1\"></span>ixos tang\u00edveis do per<span class=\"_ _1\"></span>\u00edodo (Nota 3.3)<span class=\"_ _1\"></span> 156.458.558 <span class=\"_ _1\"></span> 118.371.406 <span class=\"_ _1\"></span> Utiliza\u00e7\u00e3o de subs<span class=\"_ _1\"></span>\u00eddios ao inve<span class=\"_ _1\"></span>stimento (Nota 3.5<span class=\"_ _1\"></span>)<span class=\"_ _1\"></span> (3.398.204) (4.102.577) Deprecia\u00e7\u00f5es d<span class=\"_ _1\"></span>e ativos fixos ta<span class=\"_ _1\"></span>ng\u00edveis, l\u00edquid<span class=\"_ _1\"></span>os de subs\u00eddios <span class=\"_ _1\"></span>utilizados<span class=\"_ _45\"></span> 153.060.354 <span class=\"_ _1\"></span> 114.268.829 <span class=\"_ _1\"></span> Amortiza\u00e7\u00f5es em a<span class=\"_ _1\"></span>tivos intang<span class=\"_ _1\"></span>\u00edveis do p<span class=\"_ _1\"></span>er\u00edodo (Nota 3.2)<span class=\"_ _1\"></span> 20.579  11.864  Deprecia\u00e7\u00f5es d<span class=\"_ _1\"></span>e ativos de dire<span class=\"_ _1\"></span>ito de uso do per\u00ed<span class=\"_ _1\"></span>odo (Nota 3.6<span class=\"_ _1\"></span>)<span class=\"_ _1\"></span> 8.194.999  7.717.005  Imparidades em pr<span class=\"_ _1\"></span>opriedades de<span class=\"_ _1\"></span> investimento<span class=\"_ _1\"></span> (Nota 3.4)<span class=\"_ _1\"></span> 1.646  1.646  161.277.579 <span class=\"_ _1\"></span> 121.999.345 <span class=\"_ _1\"></span> O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>ma r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> t\u00e9<span class=\"_ _0\"></span>cni<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>aval<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>is,<span class=\"_ _0\"></span> bem<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s ao<span class=\"_ _0\"></span> n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>\u00fatei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span> Dur<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lici<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>seus<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> ent<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> a v<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a \u00fa<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> a ob<span class=\"_ _0\"></span>sole<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia <span class=\"_ _0\"></span>fun<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>O e<span class=\"_ _0\"></span>stud<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>uado<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>\u00e9c<span class=\"_ _0\"></span>nica<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ivos<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s ce<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, on<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>urab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>t\u00e9c<span class=\"_ _0\"></span>nica<span class=\"_ _0\"></span>, f<span class=\"_ _0\"></span>\u00eds<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>tec<span class=\"_ _0\"></span>nol<span class=\"_ _0\"></span>\u00f3gi<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s eq<span class=\"_ _0\"></span>uip<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os.<span class=\"_ _0\"></span>  Ten<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or b<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>os, <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>como<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>inte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>23-<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>27 <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>sos<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>sum<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>os no <span class=\"_ _0\"></span>\u00e2mb<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o P<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>car<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>niz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>roj<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to a<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>Plan<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>cup<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>sili<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> (PR<span class=\"_ _0\"></span>R)<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>nos t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>s da<span class=\"_ _0\"></span> IAS <span class=\"_ _0\"></span>8,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>a \u00fa<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>pec<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ced<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> \u00e0 r<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a \u00fati<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>er\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a 1<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> jan<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22, <span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>u u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>aume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e \u20ac3<span class=\"_ _0\"></span>6,8<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ilh<span class=\"_ _0\"></span>\u00f5es <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> exe<span class=\"_ _0\"></span>rc\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>m\u00e9d<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>de, apr<span class=\"_ _0\"></span>ox<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte,<span class=\"_ _0\"></span> 7<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a \u00fa<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>era\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span><span class=\"ls29\">na<span class=\"ls0\">s d<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o ex<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>c\u00edc<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> </span></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> exe<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>enta<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: 2027 e Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2023<span class=\"ls0\"> </span>2024<span class=\"ls0\"> </span>2025<span class=\"ls0\"> </span>2026<span class=\"ls0\"> </span>seguintes Aumento / (redu\u00e7\u00e3o<span class=\"_ _1\"></span>) nas (36.814.312) (6.310.865) (4.041.086) (2.453.235)<span class=\"_ _1\"></span> 1.911.861 <span class=\"_ _1\"></span> 47.707.636 <span class=\"_ _1\"></span> deprecia\u00e7\u00f5es e amort<span class=\"_ _1\"></span>iza\u00e7\u00f5es<span class=\"_ _1\"></span> ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfExpensesExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-58-3": {
   "value": "Em <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> 20<span class=\"ls16\">21</span>,<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rne<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>vi\u00e7<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>xt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>esqu<span class=\"_ _0\"></span>isa<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tig<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>sce<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a \u20ac6<span class=\"_ _0\"></span>.03<span class=\"_ _0\"></span>7.<span class=\"_ _0\"></span>912<span class=\"_ _0\"></span><span class=\"ff1\"> <span class=\"ls12\">e </span><span class=\"ff9\">\u20ac4<span class=\"_ _0\"></span>.47<span class=\"_ _0\"></span>5.3<span class=\"_ _0\"></span>04<span class=\"_ _0\"></span><span class=\"ff1\">, re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vame<span class=\"_ _3b\"></span>nte. <span class=\"_ _0\"></span>O Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>v\u00ea </span></span></span>can<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>a S<span class=\"_ _0\"></span>IFID<span class=\"_ _0\"></span>E c<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac<span class=\"_ _0\"></span><span class=\"ff1\">13 <span class=\"_ _0\"></span>mil<span class=\"_ _0\"></span>h\u00f5e<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span><span class=\"ff9\">\u20ac<span class=\"ff1 ls93\">12<span class=\"_ _0\"></span><span class=\"ls10\">,3<span class=\"ls0\"> m<span class=\"_ _0\"></span>ilh<span class=\"_ _0\"></span>\u00f5es,<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1) r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>spesa<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> </span></span></span></span></span></span>in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tig<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>lvi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>(as<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nclu<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>amb\u00e9m<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m pe<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>oal<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>eg\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s).<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span>\u00e1 a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac4<span class=\"_ _0\"></span>,9 m<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>h\u00f5e<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1:<span class=\"_ _0\"></span> \u20ac4<span class=\"_ _0\"></span>,7 <span class=\"_ _0\"></span>mil<span class=\"_ _0\"></span>h\u00f5e<span class=\"_ _0\"></span>s).<span class=\"ff1\"> </span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfResearchAndDevelopmentExpenseExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-62-2": {
   "value": "Honor\u00e1rios faturados por servi\u00e7os de revis\u00e3o legal de con<span class=\"_ _0\"></span>tas <span class=\"_ _1\"></span>e auditoria<span class=\"fc5\"> </span>Valores em Euros<span class=\"_ _1\"></span> KPMG &amp; Associa<span class=\"_ _0\"></span>dos SROC Outras sociedad<span class=\"_ _0\"></span>es da rede Sociedade T<span class=\"_ _1\"></span>he Navigator Comp<span class=\"_ _1\"></span>any, S.A.<span class=\"_ _1\"></span> Servi\u00e7os de rev<span class=\"_ _1\"></span>is\u00e3o legal de conta<span class=\"_ _1\"></span>s e auditoria<span class=\"_ _1\"></span> 130<span class=\"ls0\">.</span>762 <span class=\"ls0\"> </span>-  Outros servi\u00e7os de<span class=\"_ _1\"></span> garantia de f<span class=\"_ _1\"></span>iabilidade<span class=\"_ _1\"></span> 53<span class=\"ls0\">.</span>500 <span class=\"ls0\"> </span>-  Outros servi\u00e7os <span class=\"_ _1\"></span> 114<span class=\"ls0\">.</span>250 <span class=\"ls0\"> </span>-  298<span class=\"ls0\">.512 <span class=\"_ _1\"></span> </span>-  A entidades que in<span class=\"_ _1\"></span>tegrem o Gr<span class=\"_ _1\"></span>upo Navigator<span class=\"_ _1\"></span> Servi\u00e7os de rev<span class=\"_ _1\"></span>is\u00e3o legal de conta<span class=\"_ _1\"></span>s e auditoria<span class=\"_ _1\"></span> 368<span class=\"ls0\">.</span>463 <span class=\"ls0\"> </span>44<span class=\"ls0\">.</span>593 <span class=\"ls0\"> </span>Outros servi\u00e7os de<span class=\"_ _1\"></span> garantia de f<span class=\"_ _1\"></span>iabilidade<span class=\"_ _1\"></span> 94<span class=\"ls0\">.</span>500 <span class=\"ls0\"> </span>-  Outros servi\u00e7os <span class=\"_ _1\"></span> 1.<span class=\"ls24\">500 </span> -  464<span class=\"ls0\">.463 <span class=\"_ _1\"></span> </span>44<span class=\"ls0\">.</span>593 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>762<span class=\"ls0\">.975 <span class=\"_ _1\"></span> </span>44<span class=\"ls0\">.</span>593 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>Em <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span>rvi<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>tinto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>erv<span class=\"_ _0\"></span>i\u00e7os<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e au<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>fatu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>Soc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>a en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>enh<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>om\u00ed<span class=\"_ _0\"></span>nio <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Audi<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> Ex<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>viso<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Ofi<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e Con<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lui<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntra<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>32,6<span class=\"_ _0\"></span>% (<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>21:<span class=\"_ _0\"></span> 41<span class=\"_ _0\"></span>%)<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>tot<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>erv<span class=\"_ _0\"></span>i\u00e7o<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>. 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Gastos do Honor\u00e1rios Gastos do Honor\u00e1rios per\u00edodo faturados per\u00edodo faturados Valores em Euros<span class=\"_ _1\"></span> KPMG (SROC) e<span class=\"_ _1\"></span> outras entidad<span class=\"_ _1\"></span>es pe<span class=\"_ _1\"></span>rtencentes \u00e0 mes<span class=\"_ _1\"></span>ma rede<span class=\"_ _1\"></span> Servi\u00e7os de rev<span class=\"_ _1\"></span>is\u00e3o legal de conta<span class=\"_ _1\"></span>s e auditoria<span class=\"_ _1\"></span> 368<span class=\"ls0\">.</span>104 <span class=\"ls0\"> </span>543<span class=\"ls0\">.</span>818 <span class=\"ls0\"> </span>367<span class=\"ls0\">.</span>450 <span class=\"ls0\"> </span>229<span class=\"ls0\">.</span>716 <span class=\"ls0\"> </span>Outros servi\u00e7os de<span class=\"_ _1\"></span> garantia de f<span class=\"_ _1\"></span>iabilidade<span class=\"_ _1\"></span> 97<span class=\"ls0\">.</span>878 <span class=\"ls0\"> </span>148<span class=\"ls0\">.</span>000 <span class=\"ls0\"> </span>87<span class=\"ls0\">.</span>875 <span class=\"ls0\"> </span>87<span class=\"ls0\">.</span>875 <span class=\"ls0\"> </span>Outros servi\u00e7os <span class=\"_ _1\"></span> 129<span class=\"ls0\">.</span>748 <span class=\"ls0\"> </span>115<span class=\"ls0\">.</span>750 <span class=\"ls0\"> </span>74<span class=\"ls0\">.</span>250 <span class=\"ls0\"> </span>74<span class=\"ls0\">.</span>250 <span class=\"ls0\"> </span>595<span class=\"ls0\">.730 <span class=\"_ _1\"></span> </span>807<span class=\"ls0\">.568 <span class=\"_ _1\"></span> </span>529<span class=\"ls0\">.575 <span class=\"_ _1\"></span> </span>391<span class=\"ls0\">.841 <span class=\"_ _1\"></span> </span>Os <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>rvi<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u201cOutr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>erv<span class=\"_ _0\"></span>i\u00e7os<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>fia<span class=\"_ _0\"></span>bilid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e\u201d <span class=\"_ _0\"></span>diz<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spei<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>a em<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>\u00f3ri<span class=\"_ _0\"></span>os s<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>inf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a,<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>lui<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>fica<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nfo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o pa<span class=\"_ _0\"></span>ra ef<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>can<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>ao<span class=\"_ _0\"></span> Pl<span class=\"_ _0\"></span>ano <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>cup<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>sili<span class=\"_ _0\"></span>\u00eanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>vi\u00e7<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da Info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Sus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>rev<span class=\"_ _0\"></span>is\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> lim<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>elat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a in<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a\u00e7\u00e3o fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>ar. <span class=\"_ _0\"></span>Os<span class=\"_ _0\"></span> Ou<span class=\"_ _0\"></span>tros<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>vi\u00e7<span class=\"_ _0\"></span>os r<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>m-s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m tr<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>alh<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"ff7\">D<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>Di<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce<span class=\"ff1\"> <span class=\"ls96\">de </span></span></span>de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span>. O C<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Ad<span class=\"_ _0\"></span>mini<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>ufi<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>ntes <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>alv<span class=\"_ _0\"></span>agu<span class=\"_ _0\"></span>ard<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>\u00eanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> atr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>an\u00e1<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>sel<span class=\"_ _0\"></span>ho <span class=\"_ _0\"></span>Fis<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>os t<span class=\"_ _0\"></span>rab<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>osto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e da<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ua d<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ata\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAuditorsRemunerationExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-65-2": {
   "value": "3.1.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Goo<span class=\"_ _0\"></span>dwi<span class=\"_ _0\"></span>ll </span></span>Goodwill <span class=\"ffa\">\u2013</span> va<span class=\"_ _1\"></span>lor l\u00edquido O G<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>dwi<span class=\"_ _0\"></span>ll <span class=\"_ _0\"></span>\u00e9 a<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bu\u00ed<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> unid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>flux<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a (<span class=\"_ _0\"></span>UGC<span class=\"_ _0\"></span>s) d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo,<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onfo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 UGC de produ\u00e7\u00e3<span class=\"_ _1\"></span>o de papel UW<span class=\"_ _1\"></span>F no site da Figue<span class=\"_ _1\"></span>ira da Foz <span class=\"_ _1\"></span> 376<span class=\"ls0\">.</span>756<span class=\"ls0\">.383  </span>376<span class=\"ls0\">.</span>756<span class=\"ls0\">.383  </span>(goodwill resultante<span class=\"_ _1\"></span> da aqu<span class=\"_ _1\"></span>isi\u00e7\u00e3o da Navigat<span class=\"_ _1\"></span>or Brands, S.A.)<span class=\"_ _1\"></span> UGC de produ\u00e7\u00e3<span class=\"_ _1\"></span>o de papel <span class=\"ff7\">Tissue<span class=\"_ _1\"></span></span> em V<span class=\"_ _1\"></span>ila Velha de R\u00f3d\u00e3o <span class=\"_ _1\"></span> 583<span class=\"ls0\">.</span>083 <span class=\"ls0\"> </span>583<span class=\"ls0\">.</span>083 <span class=\"ls0\"> </span>(goodwill resultante<span class=\"_ _1\"></span> da aqu<span class=\"_ _1\"></span>isi\u00e7\u00e3o da Navigat<span class=\"_ _1\"></span>or Tissue R\u00f3d\u00e3o, S.A<span class=\"_ _1\"></span>.)<span class=\"_ _1\"></span> 377<span class=\"ls0\">.339.4<span class=\"_ _1\"></span>66  </span>377<span class=\"ls0\">.339.4<span class=\"_ _1\"></span>66  </span>Navigator Brands, S.A. / Navigator Paper Figu<span class=\"_ _0\"></span>eira, S.A.<span class=\"_ _1\"></span> Na <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>aqu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 10<span class=\"_ _0\"></span>0% <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pit<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> So<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>rce<span class=\"_ _0\"></span>l <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> So<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>ues<span class=\"_ _0\"></span>a </span></span>de<span class=\"_ _0\"></span> Pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A. <span class=\"_ _0\"></span>(a<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>lme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>den<span class=\"_ _0\"></span><span class=\"ff9\">omi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Br<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ds, <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac<span class=\"_ _0\"></span>1.<span class=\"_ _0\"></span>154.8<span class=\"_ _0\"></span>42<span class=\"_ _0\"></span>.<span class=\"ff1\">00<span class=\"_ _0\"></span>0,<span class=\"_ _0\"></span> </span></span>foi<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>pur<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o um<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>ood<span class=\"_ _0\"></span>wil<span class=\"_ _0\"></span>l<span class=\"ff7\"> <span class=\"ff9\">d<span class=\"_ _0\"></span>e \u20ac<span class=\"_ _0\"></span>428<span class=\"_ _0\"></span>.1<span class=\"_ _0\"></span>32<span class=\"_ _0\"></span>.<span class=\"ff1\">254<span class=\"_ _0\"></span>.  </span></span></span>Par<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Goo<span class=\"_ _0\"></span>dw<span class=\"_ _0\"></span>ill,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a-s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aloc<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o \u00e0<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ora <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>xa<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>odu\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mple<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>bril<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a F<span class=\"_ _0\"></span>igue<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a F<span class=\"_ _0\"></span>oz<span class=\"_ _0\"></span>. Est<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Goo<span class=\"_ _0\"></span>dwil<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span><span class=\"ff7\"> <span class=\"ff1\">apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>co d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span><span class=\"ff9\">\u20ac37<span class=\"_ _0\"></span>6.7<span class=\"_ _0\"></span>56.<span class=\"_ _0\"></span><span class=\"ff1\">38<span class=\"_ _0\"></span>3 po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>obj<span class=\"_ _0\"></span>eto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> </span></span></span></span>amo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>anu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>31 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>03 <span class=\"_ _0\"></span>(da<span class=\"_ _0\"></span>ta d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ansi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> IFR<span class=\"_ _0\"></span>S: <span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>anei<span class=\"_ _0\"></span>ro de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>04)<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>tend<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>mor<span class=\"_ _0\"></span>tiz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>art<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>ujo<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cum<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>asc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dia <span class=\"_ _0\"></span>a \u20ac5<span class=\"_ _0\"></span>1.3<span class=\"_ _0\"></span>75<span class=\"_ _0\"></span>.<span class=\"ff1\">871<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sado<span class=\"_ _0\"></span>. D<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os t<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>nar<span class=\"_ _0\"></span> eve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s </span>pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de.<span class=\"_ _0\"></span> Cas<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> ti<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>do i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rro<span class=\"_ _0\"></span>mpi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> l\u00ed<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>\u00edsti<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Go<span class=\"_ _0\"></span>odw<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span><span class=\"ff7\"> <span class=\"ff1\">em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 <span class=\"_ _0\"></span>seri<span class=\"_ _0\"></span>a <span class=\"ff9\">d<span class=\"_ _0\"></span>e \u20ac<span class=\"_ _0\"></span>51.<span class=\"_ _0\"></span>375<span class=\"_ _0\"></span>.85<span class=\"_ _0\"></span>7<span class=\"ff1\"> (<span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o </span></span></span></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span><span class=\"ls93\">21<span class=\"lsd\">: <span class=\"ff9 ls0\">\u20ac<span class=\"_ _0\"></span>68.5<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>.1<span class=\"_ _0\"></span>49<span class=\"ff1 lsd\">).<span class=\"ls0\"> </span></span></span></span></span>Navigator Tissue<span class=\"ff8\"> </span>R\u00f3d\u00e3o, S.A. Em <span class=\"_ _0\"></span>6 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fev<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>015<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>oram<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onc<span class=\"_ _0\"></span>lu\u00ed<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s os<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>uisi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a A<span class=\"_ _0\"></span>MS-<span class=\"_ _0\"></span>BR<span class=\"_ _0\"></span> St<span class=\"_ _0\"></span>ar P<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>r,<span class=\"_ _0\"></span> S.A.<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te i<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>rpor<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a h<span class=\"_ _0\"></span>oj<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eno<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Tis<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e R<span class=\"_ _0\"></span>\u00f3d\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>S.A<span class=\"_ _0\"></span>.),<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>auto<span class=\"_ _0\"></span>riz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>nic<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m 1<span class=\"_ _0\"></span>7 de<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>ril<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 2015.<span class=\"ls0\"> </span>A d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>n<span class=\"ff9\">ic<span class=\"_ _0\"></span>ial <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>aqu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>\u00e7\u00e3o,<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u20ac21<span class=\"_ _0\"></span>.33<span class=\"_ _0\"></span>7.<span class=\"ff1\">9<span class=\"_ _0\"></span>16<span class=\"_ _0\"></span>, fo<span class=\"_ _0\"></span>i d<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>\u00eddi<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ao </span></span>in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>AICEP<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fixo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>tang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>os, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o sid<span class=\"_ _0\"></span>o apu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> go<span class=\"_ _0\"></span>odw<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span> <span class=\"lsd\">de </span><span class=\"ff9\">\u20ac</span>583<span class=\"_ _0\"></span>.<span class=\"ls16\">083</span>. An\u00e1lise da recupe<span class=\"_ _1\"></span>rabilidade do <span class=\"_ _1\"></span>Good<span class=\"_ _1\"></span>will O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oced<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m ca<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>c\u00e1l<span class=\"_ _0\"></span>cul<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>cup<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a ne<span class=\"_ _0\"></span>g\u00f3<span class=\"_ _0\"></span>cio<span class=\"ls10\">, </span>atr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _3b\"></span>s da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>uso<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m o <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> flu<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>xa de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>Os<span class=\"_ _0\"></span> c\u00e1l<span class=\"_ _0\"></span>culo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>base<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>m-<span class=\"_ _0\"></span>se n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>enh<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>hist\u00f3<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> e n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>vim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>\u00f3ci<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a at<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rut<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>tiliz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> or<span class=\"_ _0\"></span>\u00e7am<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> o a<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>imat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> flu<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>aix<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>o su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>eque<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e 4<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>os<span class=\"ls10\">. </span>Em <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> c\u00e1l<span class=\"_ _0\"></span>cul<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> at\u00e9<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>\u00e3o f<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span> id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ualq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>Go<span class=\"_ _0\"></span>odw<span class=\"_ _0\"></span>ill<span class=\"ff7\">.</span> Os <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>upos<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e c\u00e1<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ulo <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es: Pressupostos na base do plano de neg\u00f3cios 2022  2021  Pressupostos (CAGR 2023-20<span class=\"_ _0\"></span>27) (CAGR 2022-<span class=\"_ _0\"></span>2026) Vendas em quan<span class=\"_ _1\"></span>tidade (kt)<span class=\"_ _1\"></span> Refer\u00eancia<span class=\"_ _1\"></span> Papel UWF<span class=\"_ _1\"></span> Papel UWF<span class=\"_ _1\"></span> CAGR Vendas em<span class=\"_ _1\"></span> quantidade (kt)<span class=\"_ _1\"></span> (0,1%) 0,7% Refer\u00eancia<span class=\"_ _1\"></span> Papel <span class=\"ff7\">Tissue<span class=\"_ _1\"></span></span> Papel <span class=\"ff7\">Tissue<span class=\"_ _1\"></span></span> CAGR Vendas em<span class=\"_ _1\"></span> quantidade (kt)<span class=\"_ _1\"></span> 0,3% 0,4% Pre\u00e7o M\u00e9dio<span class=\"_ _1\"></span> de Venda ML/t<span class=\"_ _1\"></span> Refer\u00eancia<span class=\"_ _1\"></span> Papel UWF<span class=\"_ _1\"></span> Papel UWF<span class=\"_ _1\"></span> CAGR Pre\u00e7o M\u00e9di<span class=\"_ _1\"></span>o de Venda ML/t<span class=\"_ _1\"></span> (1,8%) (1,2%) Refer\u00eancia<span class=\"_ _1\"></span> Papel <span class=\"ff7\">Tissue<span class=\"_ _1\"></span></span> Papel <span class=\"ff7\">Tissue<span class=\"_ _1\"></span></span> CAGR Pre\u00e7o M\u00e9di<span class=\"_ _1\"></span>o de Venda ML/t<span class=\"_ _1\"></span> (2,1%) 0,0% Taxa de cre<span class=\"_ _1\"></span>scimento na perpet<span class=\"_ _1\"></span>uida<span class=\"_ _1\"></span>d<span class=\"ls7c\">e </span>- Papel UWF (1,0%) (1,0%) Taxa de cre<span class=\"_ _1\"></span>scimento na perpet<span class=\"_ _1\"></span>uida<span class=\"_ _1\"></span>d<span class=\"ls7c\">e </span>- Papel <span class=\"_ _1\"></span><span class=\"ff8\">Tissue</span> 2,03% 1,56% Pr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>osto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>mac<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>econ<span class=\"_ _0\"></span>\u00f3mic<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>upos<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>n\u00edve<span class=\"_ _0\"></span>l m<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>roe<span class=\"_ _0\"></span>con\u00f3<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e cr<span class=\"_ _0\"></span>esci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o P<span class=\"_ _0\"></span>IB e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nfl<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m P<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tug<span class=\"_ _0\"></span>al.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>s\u00e3<span class=\"_ _0\"></span>o o <span class=\"_ _0\"></span>FMI <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o B<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e Por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span>.  Ano 2022<span class=\"_ _1\"></span> Pressupostos Ma<span class=\"_ _1\"></span>croecon\u00f3micos<span class=\"_ _1\"></span> 2023 2024 2025 2026 Taxa de crescimento<span class=\"_ _1\"></span> real do PIB<span class=\"_ _1\"></span> 0,65% 2,40% 2,15% 1,90% Infla\u00e7\u00e3o EUR<span class=\"_ _1\"></span> 4,67% 2,55% 2,30% 2,06% Ano 2021<span class=\"_ _1\"></span> Pressupostos Ma<span class=\"_ _1\"></span>croecon\u00f3micos<span class=\"_ _1\"></span> 2022 2023 2024 2025 Taxa de crescimento<span class=\"_ _1\"></span> real do PIB<span class=\"_ _1\"></span> 5,60% 2,40% 2,30% 1,80% Infla\u00e7\u00e3o EUR<span class=\"_ _1\"></span> 0,90% 1,00% 1,40% 1,47% A t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>tui<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>efl<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>Ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>o l<span class=\"_ _0\"></span>ong<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>praz<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a as<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes <span class=\"_ _0\"></span>UG<span class=\"_ _0\"></span>Cs, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>post<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>oeco<span class=\"_ _0\"></span>n\u00f3m<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>os. Pr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>osto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span> Tx  Taxa de  Tx  Taxa de Cresci/\u00ba Juro  Taxa Cresci/\u00ba Juro sem  Taxa na perp.  Taxa de sem WACC na perp.  Taxa de Pressupostos <span class=\"_ _1\"></span>Financeiros risco* WACC EUR EUR Imposto risco* EUR EUR Imposto Papel UWF Per\u00edodo de Planea<span class=\"_ _1\"></span>mento explicit<span class=\"_ _1\"></span>o 2,94% 6,76% 0,00% 27,50% 0,30% 4,46% 0,00% 27,50% Perpetuidade 2,94% 6,76% (1,0%) 27,50% 2,31% 6,34% (1,0%) 27,50% *<span class=\"_ _40\"> </span>Inclu<span class=\"_ _0\"></span>i o <span class=\"_ _0\"></span>Coun<span class=\"_ _0\"></span>try<span class=\"_ _0\"></span> Ri<span class=\"_ _0\"></span>sk <span class=\"_ _0\"></span>Pre<span class=\"_ _0\"></span>miumEstimativas e julgamentos Recuperabilidade do Goodwill O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> tes<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>anu<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> a i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Good<span class=\"_ _0\"></span>wil<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>a D<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a po<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span>Par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>itos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>test<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> \u00e0s <span class=\"_ _0\"></span>UGC<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>cupe<span class=\"_ _0\"></span>r\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>i de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>no v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>uso<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>rdo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>o m\u00e9<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>luxo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>xa de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>O <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>r\u00e1ve<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>GC <span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>iva <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>\u00e7os<span class=\"_ _0\"></span> m\u00e9<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> var<span class=\"_ _0\"></span>i\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue n<span class=\"_ _0\"></span>os pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>am d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pre<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>n\u00f3m<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>para<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> e me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>era, <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>is\u00f5<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>\u00fas<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>a, i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>uin<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>era\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>apac<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>alad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>acio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>proj<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>s da<span class=\"_ _0\"></span> Ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>form<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>his<span class=\"_ _0\"></span>t\u00f3r<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span>Ess<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>c\u00e1l<span class=\"_ _0\"></span>culo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>xig<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> us<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as. O<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> cl<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>\u00e1tic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>foi<span class=\"_ _0\"></span> ig<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsid<span class=\"_ _0\"></span>erad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>flu<span class=\"_ _0\"></span>xos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>eito<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>ej<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>al. <span class=\"_ _0\"></span>Os<span class=\"_ _0\"></span> ris<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>uni<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>soci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span>s alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>cli<span class=\"_ _0\"></span>m\u00e1t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as i<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ficad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>ecom<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>TCFD<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ram-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>vul<span class=\"_ _0\"></span>gad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> ane<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat\u00f3<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ges<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span>.  An\u00e1<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tual<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>grav<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 0<span class=\"_ _0\"></span>,5<span class=\"_ _0\"></span>% n<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>onto<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>a no <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Go<span class=\"_ _0\"></span>odw<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>unid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>erad<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>Pap<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>inte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>guei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Fo<span class=\"_ _0\"></span>z,<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pl<span class=\"ff9\">ic<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>um d<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>aval<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac2<span class=\"_ _0\"></span>69<span class=\"_ _0\"></span>.08<span class=\"_ _0\"></span>1.4<span class=\"_ _0\"></span>88<span class=\"_ _0\"></span> (3<span class=\"_ _0\"></span>1 de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de </span>20<span class=\"_ _0\"></span>21:<span class=\"_ _0\"></span> \u20ac1<span class=\"_ _0\"></span>38<span class=\"_ _0\"></span>.398<span class=\"_ _0\"></span>.5<span class=\"_ _0\"></span>65<span class=\"_ _0\"></span>), <span class=\"_ _0\"></span>aind<span class=\"_ _0\"></span>a as<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>4 <span class=\"_ _0\"></span>vez<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span><span class=\"ff1\"> co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ico<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> </span>uni<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>rado<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ixa<span class=\"_ _0\"></span>. R<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>Good<span class=\"_ _0\"></span>wil<span class=\"_ _0\"></span>l a<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>o \u00e0<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Tis<span class=\"_ _0\"></span>sue<span class=\"_ _0\"></span> R\u00f3<span class=\"_ _0\"></span>d\u00e3<span class=\"_ _0\"></span>o, f<span class=\"_ _0\"></span>ace<span class=\"_ _0\"></span> \u00e0 im<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>smo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>ntu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>\u00e3o s<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rial<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>leva<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s. 3.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>\u00edvei<span class=\"_ _0\"></span>s </span></span>Movimentos em ativos intang\u00edveis Propriedade industrial e Licen\u00e7as Outros Ativos outros de Emiss\u00e3o ativos intang\u00edveis Valores em Euros<span class=\"_ _1\"></span> direitos de CO2Intang\u00edveis em curso Total Valor bruto Saldo a 1 de janeir<span class=\"_ _1\"></span>o de 2021<span class=\"_ _1\"></span> 16.664  11.902.620 <span class=\"_ _1\"></span> -  -  11.919.284 <span class=\"_ _1\"></span> Atribui\u00e7\u00f5es -  14.915.653 <span class=\"_ _1\"></span> -  -  14.915.653 <span class=\"_ _1\"></span> Aquisi\u00e7\u00f5es<span class=\"_ _1\"></span> -  22.706.518 <span class=\"_ _1\"></span> -  17.823  22.724.341 <span class=\"_ _1\"></span> Regulariza\u00e7\u00f5es,<span class=\"_ _1\"></span> transfer\u00eancias e<span class=\"_ _1\"></span> abates<span class=\"_ _1\"></span> 17.823  (24.788.284) -  (17.823) (24.788.284)<span class=\"_ _1\"></span> Saldo a 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2021 34.487  24.736.507 <span class=\"_ _1\"></span> -  -  24.770.994 <span class=\"_ _1\"></span> Atribui\u00e7\u00f5es -  37.338.833 <span class=\"_ _1\"></span> -  -  37.338.833 <span class=\"_ _1\"></span> Aquisi\u00e7\u00f5es<span class=\"_ _1\"></span> -  3.251.520 <span class=\"_ _1\"></span> -  36.496  3.288.016 <span class=\"_ _1\"></span> Regulariza\u00e7\u00f5es,<span class=\"_ _1\"></span> transfer\u00eancias e<span class=\"_ _1\"></span> abates<span class=\"_ _1\"></span> 36.496  (20.545.709) -  (36.496) (20.545.709)<span class=\"_ _1\"></span> Saldo a 31 de de<span class=\"_ _1\"></span>zembro de 2022<span class=\"_ _1\"></span> 70.983  44.781.151 <span class=\"_ _1\"></span> -  -  44.852.134 <span class=\"_ _1\"></span> Amortiza\u00e7\u00f5es e p<span class=\"_ _1\"></span>erdas por imp<span class=\"_ _1\"></span>aridade<span class=\"_ _1\"></span> acumuladas<span class=\"_ _1\"></span> Saldo a 1 de janeir<span class=\"_ _1\"></span>o de 2021<span class=\"_ _1\"></span> (6.600) -  -  -  (6.600) Amortiza\u00e7\u00f5es do <span class=\"_ _1\"></span>per\u00edodo (Nota 3.7)<span class=\"_ _1\"></span> (11.864) -  -  -  (11.864) Saldo a 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2021 (18.464) -  -  -  (18.464) Amortiza\u00e7\u00f5es do <span class=\"_ _1\"></span>per\u00edodo (Nota 3.7)<span class=\"_ _1\"></span> (20.579) -  -  -  (20.579) Saldo a 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2022 (39.043) -  -  -  (39.043) Valor l\u00edquido a 1 d<span class=\"_ _1\"></span>e janeiro de 2021<span class=\"_ _1\"></span> 10.064  11.902.620 <span class=\"_ _1\"></span> -  -  11.912.684 <span class=\"_ _1\"></span> Valor l\u00edquido a 31 d<span class=\"_ _1\"></span>e dezembro<span class=\"_ _1\"></span> de 2021<span class=\"_ _1\"></span> 16.023  24.736.507 <span class=\"_ _1\"></span> -  -  24.752.529 <span class=\"_ _1\"></span> Valor l\u00edquido a 31 d<span class=\"_ _1\"></span>e dezembro<span class=\"_ _1\"></span> de 2022<span class=\"_ _1\"></span> 31.940  44.781.151 <span class=\"_ _1\"></span> -  -  44.813.091 <span class=\"_ _1\"></span> Licen\u00e7as de <span class=\"ls1b\">CO</span>231/12/22<span class=\"_ _0\"></span> 31/12/21 Licen\u00e7as CO2 (unidades)<span class=\"_ _1\"></span> 574<span class=\"ls0\">.</span>122 <span class=\"ls0\"> </span>620<span class=\"ls0\">.</span>805 <span class=\"ls0\"> </span>Valor unit\u00e1r<span class=\"_ _1\"></span>io m\u00e9dio (Euros)<span class=\"_ _1\"></span> 77,99  39,85  Cota\u00e7\u00e3o de mercad<span class=\"_ _1\"></span>o (Euros)<span class=\"_ _1\"></span> 81,49  80,65  Licen\u00e7as de CO2 <span class=\"ffa\">\u2013</span> Movimentos do<span class=\"_ _0\"></span> per\u00edodo  2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Valores em Euros<span class=\"_ _1\"></span> Toneladas Valor Toneladas Valor Saldo inicial<span class=\"_ _1\"></span> 620<span class=\"ls0\">.805 <span class=\"_ _1\"></span> </span>24<span class=\"ls0\">.</span>736<span class=\"ls0\">.<span class=\"_ _1\"></span>507  </span>516<span class=\"ls0\">.319 <span class=\"_ _1\"></span> </span>11<span class=\"ls0\">.</span>902<span class=\"_ _1\"></span><span class=\"ls0\">.620  </span>Licen\u00e7as atribu<span class=\"_ _1\"></span>\u00eddas gratuitamente <span class=\"_ _1\"></span>(Nota 2.2)<span class=\"_ _1\"></span> 444<span class=\"ls0\">.</span>457 <span class=\"ls0\"> </span>37<span class=\"ls0\">.</span>338<span class=\"ls0\">.833  </span>442<span class=\"ls0\">.</span>732 <span class=\"ls0\"> </span>14<span class=\"ls0\">.</span>915<span class=\"ls0\">.653  </span>Licen\u00e7as adqu<span class=\"_ _1\"></span>iridas 48<span class=\"ls0\">.</span>000 <span class=\"ls0\"> </span>3.<span class=\"ls24\">251</span>.520  368<span class=\"ls0\">.</span>598 <span class=\"ls0\"> </span>22<span class=\"ls0\">.</span>706<span class=\"ls0\">.518  </span>Licen\u00e7as devo<span class=\"_ _1\"></span>lvidas \u00e0 Entidade Co<span class=\"_ _1\"></span>ordenadora de L<span class=\"_ _1\"></span>icenciamento <span class=\"_ _1\"></span> (539.140) (20.<span class=\"ls24\">545</span>.709) (706.844) (24.<span class=\"ls24\">788</span>.284) Saldo final 574<span class=\"ls0\">.122 <span class=\"_ _1\"></span> </span>44<span class=\"ls0\">.</span>781<span class=\"ls0\">.<span class=\"_ _1\"></span>151  </span>620<span class=\"ls0\">.805 <span class=\"_ _1\"></span> </span>24<span class=\"ls0\">.</span>736<span class=\"_ _1\"></span><span class=\"ls0\">.507  </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfIntangibleAssetsAndGoodwillExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-65-3": {
   "value": "3.1.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Goo<span class=\"_ _0\"></span>dwi<span class=\"_ _0\"></span>ll </span></span>Goodwill <span class=\"ffa\">\u2013</span> va<span class=\"_ _1\"></span>lor l\u00edquido O G<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>dwi<span class=\"_ _0\"></span>ll <span class=\"_ _0\"></span>\u00e9 a<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bu\u00ed<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> unid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>flux<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a (<span class=\"_ _0\"></span>UGC<span class=\"_ _0\"></span>s) d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo,<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onfo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 UGC de produ\u00e7\u00e3<span class=\"_ _1\"></span>o de papel UW<span class=\"_ _1\"></span>F no site da Figue<span class=\"_ _1\"></span>ira da Foz <span class=\"_ _1\"></span> 376<span class=\"ls0\">.</span>756<span class=\"ls0\">.383  </span>376<span class=\"ls0\">.</span>756<span class=\"ls0\">.383  </span>(goodwill resultante<span class=\"_ _1\"></span> da aqu<span class=\"_ _1\"></span>isi\u00e7\u00e3o da Navigat<span class=\"_ _1\"></span>or Brands, S.A.)<span class=\"_ _1\"></span> UGC de produ\u00e7\u00e3<span class=\"_ _1\"></span>o de papel <span class=\"ff7\">Tissue<span class=\"_ _1\"></span></span> em V<span class=\"_ _1\"></span>ila Velha de R\u00f3d\u00e3o <span class=\"_ _1\"></span> 583<span class=\"ls0\">.</span>083 <span class=\"ls0\"> </span>583<span class=\"ls0\">.</span>083 <span class=\"ls0\"> </span>(goodwill resultante<span class=\"_ _1\"></span> da aqu<span class=\"_ _1\"></span>isi\u00e7\u00e3o da Navigat<span class=\"_ _1\"></span>or Tissue R\u00f3d\u00e3o, S.A<span class=\"_ _1\"></span>.)<span class=\"_ _1\"></span> 377<span class=\"ls0\">.339.4<span class=\"_ _1\"></span>66  </span>377<span class=\"ls0\">.339.4<span class=\"_ _1\"></span>66  </span>Navigator Brands, S.A. / Navigator Paper Figu<span class=\"_ _0\"></span>eira, S.A.<span class=\"_ _1\"></span> Na <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>aqu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 10<span class=\"_ _0\"></span>0% <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pit<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> So<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>rce<span class=\"_ _0\"></span>l <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> So<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>ues<span class=\"_ _0\"></span>a </span></span>de<span class=\"_ _0\"></span> Pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A. <span class=\"_ _0\"></span>(a<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>lme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>den<span class=\"_ _0\"></span><span class=\"ff9\">omi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Br<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ds, <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac<span class=\"_ _0\"></span>1.<span class=\"_ _0\"></span>154.8<span class=\"_ _0\"></span>42<span class=\"_ _0\"></span>.<span class=\"ff1\">00<span class=\"_ _0\"></span>0,<span class=\"_ _0\"></span> </span></span>foi<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>pur<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o um<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>ood<span class=\"_ _0\"></span>wil<span class=\"_ _0\"></span>l<span class=\"ff7\"> <span class=\"ff9\">d<span class=\"_ _0\"></span>e \u20ac<span class=\"_ _0\"></span>428<span class=\"_ _0\"></span>.1<span class=\"_ _0\"></span>32<span class=\"_ _0\"></span>.<span class=\"ff1\">254<span class=\"_ _0\"></span>.  </span></span></span>Par<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Goo<span class=\"_ _0\"></span>dw<span class=\"_ _0\"></span>ill,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a-s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aloc<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o \u00e0<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ora <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>xa<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>odu\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mple<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>bril<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a F<span class=\"_ _0\"></span>igue<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a F<span class=\"_ _0\"></span>oz<span class=\"_ _0\"></span>. Est<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Goo<span class=\"_ _0\"></span>dwil<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span><span class=\"ff7\"> <span class=\"ff1\">apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>co d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span><span class=\"ff9\">\u20ac37<span class=\"_ _0\"></span>6.7<span class=\"_ _0\"></span>56.<span class=\"_ _0\"></span><span class=\"ff1\">38<span class=\"_ _0\"></span>3 po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>obj<span class=\"_ _0\"></span>eto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> </span></span></span></span>amo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>anu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>31 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>03 <span class=\"_ _0\"></span>(da<span class=\"_ _0\"></span>ta d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ansi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> IFR<span class=\"_ _0\"></span>S: <span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>anei<span class=\"_ _0\"></span>ro de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>04)<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>tend<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>mor<span class=\"_ _0\"></span>tiz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>art<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>ujo<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cum<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>asc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dia <span class=\"_ _0\"></span>a \u20ac5<span class=\"_ _0\"></span>1.3<span class=\"_ _0\"></span>75<span class=\"_ _0\"></span>.<span class=\"ff1\">871<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sado<span class=\"_ _0\"></span>. D<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os t<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>nar<span class=\"_ _0\"></span> eve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s </span>pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de.<span class=\"_ _0\"></span> Cas<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> ti<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>do i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rro<span class=\"_ _0\"></span>mpi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> l\u00ed<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>\u00edsti<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Go<span class=\"_ _0\"></span>odw<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span><span class=\"ff7\"> <span class=\"ff1\">em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 <span class=\"_ _0\"></span>seri<span class=\"_ _0\"></span>a <span class=\"ff9\">d<span class=\"_ _0\"></span>e \u20ac<span class=\"_ _0\"></span>51.<span class=\"_ _0\"></span>375<span class=\"_ _0\"></span>.85<span class=\"_ _0\"></span>7<span class=\"ff1\"> (<span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o </span></span></span></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span><span class=\"ls93\">21<span class=\"lsd\">: <span class=\"ff9 ls0\">\u20ac<span class=\"_ _0\"></span>68.5<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>.1<span class=\"_ _0\"></span>49<span class=\"ff1 lsd\">).<span class=\"ls0\"> </span></span></span></span></span>Navigator Tissue<span class=\"ff8\"> </span>R\u00f3d\u00e3o, S.A. Em <span class=\"_ _0\"></span>6 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fev<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>015<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>oram<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onc<span class=\"_ _0\"></span>lu\u00ed<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s os<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>uisi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a A<span class=\"_ _0\"></span>MS-<span class=\"_ _0\"></span>BR<span class=\"_ _0\"></span> St<span class=\"_ _0\"></span>ar P<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>r,<span class=\"_ _0\"></span> S.A.<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te i<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>rpor<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a h<span class=\"_ _0\"></span>oj<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eno<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Tis<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e R<span class=\"_ _0\"></span>\u00f3d\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>S.A<span class=\"_ _0\"></span>.),<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>auto<span class=\"_ _0\"></span>riz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>nic<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m 1<span class=\"_ _0\"></span>7 de<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>ril<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 2015.<span class=\"ls0\"> </span>A d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>n<span class=\"ff9\">ic<span class=\"_ _0\"></span>ial <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>aqu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>\u00e7\u00e3o,<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u20ac21<span class=\"_ _0\"></span>.33<span class=\"_ _0\"></span>7.<span class=\"ff1\">9<span class=\"_ _0\"></span>16<span class=\"_ _0\"></span>, fo<span class=\"_ _0\"></span>i d<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>\u00eddi<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ao </span></span>in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>AICEP<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fixo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>tang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>os, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o sid<span class=\"_ _0\"></span>o apu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> go<span class=\"_ _0\"></span>odw<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span> <span class=\"lsd\">de </span><span class=\"ff9\">\u20ac</span>583<span class=\"_ _0\"></span>.<span class=\"ls16\">083</span>. An\u00e1lise da recupe<span class=\"_ _1\"></span>rabilidade do <span class=\"_ _1\"></span>Good<span class=\"_ _1\"></span>will O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oced<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m ca<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>c\u00e1l<span class=\"_ _0\"></span>cul<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>cup<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a ne<span class=\"_ _0\"></span>g\u00f3<span class=\"_ _0\"></span>cio<span class=\"ls10\">, </span>atr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _3b\"></span>s da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>uso<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m o <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> flu<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>xa de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>Os<span class=\"_ _0\"></span> c\u00e1l<span class=\"_ _0\"></span>culo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>base<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>m-<span class=\"_ _0\"></span>se n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>enh<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>hist\u00f3<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> e n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>vim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>\u00f3ci<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a at<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rut<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>tiliz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> or<span class=\"_ _0\"></span>\u00e7am<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> o a<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>imat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> flu<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>aix<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>o su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>eque<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e 4<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>os<span class=\"ls10\">. </span>Em <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> c\u00e1l<span class=\"_ _0\"></span>cul<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> at\u00e9<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>\u00e3o f<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span> id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ualq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>Go<span class=\"_ _0\"></span>odw<span class=\"_ _0\"></span>ill<span class=\"ff7\">.</span> Os <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>upos<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e c\u00e1<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ulo <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es: Pressupostos na base do plano de neg\u00f3cios 2022  2021  Pressupostos (CAGR 2023-20<span class=\"_ _0\"></span>27) (CAGR 2022-<span class=\"_ _0\"></span>2026) Vendas em quan<span class=\"_ _1\"></span>tidade (kt)<span class=\"_ _1\"></span> Refer\u00eancia<span class=\"_ _1\"></span> Papel UWF<span class=\"_ _1\"></span> Papel UWF<span class=\"_ _1\"></span> CAGR Vendas em<span class=\"_ _1\"></span> quantidade (kt)<span class=\"_ _1\"></span> (0,1%) 0,7% Refer\u00eancia<span class=\"_ _1\"></span> Papel <span class=\"ff7\">Tissue<span class=\"_ _1\"></span></span> Papel <span class=\"ff7\">Tissue<span class=\"_ _1\"></span></span> CAGR Vendas em<span class=\"_ _1\"></span> quantidade (kt)<span class=\"_ _1\"></span> 0,3% 0,4% Pre\u00e7o M\u00e9dio<span class=\"_ _1\"></span> de Venda ML/t<span class=\"_ _1\"></span> Refer\u00eancia<span class=\"_ _1\"></span> Papel UWF<span class=\"_ _1\"></span> Papel UWF<span class=\"_ _1\"></span> CAGR Pre\u00e7o M\u00e9di<span class=\"_ _1\"></span>o de Venda ML/t<span class=\"_ _1\"></span> (1,8%) (1,2%) Refer\u00eancia<span class=\"_ _1\"></span> Papel <span class=\"ff7\">Tissue<span class=\"_ _1\"></span></span> Papel <span class=\"ff7\">Tissue<span class=\"_ _1\"></span></span> CAGR Pre\u00e7o M\u00e9di<span class=\"_ _1\"></span>o de Venda ML/t<span class=\"_ _1\"></span> (2,1%) 0,0% Taxa de cre<span class=\"_ _1\"></span>scimento na perpet<span class=\"_ _1\"></span>uida<span class=\"_ _1\"></span>d<span class=\"ls7c\">e </span>- Papel UWF (1,0%) (1,0%) Taxa de cre<span class=\"_ _1\"></span>scimento na perpet<span class=\"_ _1\"></span>uida<span class=\"_ _1\"></span>d<span class=\"ls7c\">e </span>- Papel <span class=\"_ _1\"></span><span class=\"ff8\">Tissue</span> 2,03% 1,56% Pr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>osto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>mac<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>econ<span class=\"_ _0\"></span>\u00f3mic<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>upos<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>n\u00edve<span class=\"_ _0\"></span>l m<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>roe<span class=\"_ _0\"></span>con\u00f3<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e cr<span class=\"_ _0\"></span>esci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o P<span class=\"_ _0\"></span>IB e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nfl<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m P<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tug<span class=\"_ _0\"></span>al.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>s\u00e3<span class=\"_ _0\"></span>o o <span class=\"_ _0\"></span>FMI <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o B<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e Por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span>.  Ano 2022<span class=\"_ _1\"></span> Pressupostos Ma<span class=\"_ _1\"></span>croecon\u00f3micos<span class=\"_ _1\"></span> 2023 2024 2025 2026 Taxa de crescimento<span class=\"_ _1\"></span> real do PIB<span class=\"_ _1\"></span> 0,65% 2,40% 2,15% 1,90% Infla\u00e7\u00e3o EUR<span class=\"_ _1\"></span> 4,67% 2,55% 2,30% 2,06% Ano 2021<span class=\"_ _1\"></span> Pressupostos Ma<span class=\"_ _1\"></span>croecon\u00f3micos<span class=\"_ _1\"></span> 2022 2023 2024 2025 Taxa de crescimento<span class=\"_ _1\"></span> real do PIB<span class=\"_ _1\"></span> 5,60% 2,40% 2,30% 1,80% Infla\u00e7\u00e3o EUR<span class=\"_ _1\"></span> 0,90% 1,00% 1,40% 1,47% A t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>tui<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>efl<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>Ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>o l<span class=\"_ _0\"></span>ong<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>praz<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a as<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes <span class=\"_ _0\"></span>UG<span class=\"_ _0\"></span>Cs, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>post<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>oeco<span class=\"_ _0\"></span>n\u00f3m<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>os. Pr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>osto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span> Tx  Taxa de  Tx  Taxa de Cresci/\u00ba Juro  Taxa Cresci/\u00ba Juro sem  Taxa na perp.  Taxa de sem WACC na perp.  Taxa de Pressupostos <span class=\"_ _1\"></span>Financeiros risco* WACC EUR EUR Imposto risco* EUR EUR Imposto Papel UWF Per\u00edodo de Planea<span class=\"_ _1\"></span>mento explicit<span class=\"_ _1\"></span>o 2,94% 6,76% 0,00% 27,50% 0,30% 4,46% 0,00% 27,50% Perpetuidade 2,94% 6,76% (1,0%) 27,50% 2,31% 6,34% (1,0%) 27,50% *<span class=\"_ _40\"> </span>Inclu<span class=\"_ _0\"></span>i o <span class=\"_ _0\"></span>Coun<span class=\"_ _0\"></span>try<span class=\"_ _0\"></span> Ri<span class=\"_ _0\"></span>sk <span class=\"_ _0\"></span>Pre<span class=\"_ _0\"></span>miumEstimativas e julgamentos Recuperabilidade do Goodwill O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> tes<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>anu<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> a i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Good<span class=\"_ _0\"></span>wil<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>a D<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a po<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span>Par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>itos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>test<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> \u00e0s <span class=\"_ _0\"></span>UGC<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>cupe<span class=\"_ _0\"></span>r\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>i de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>no v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>uso<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>rdo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>o m\u00e9<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>luxo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>xa de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>O <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>r\u00e1ve<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>GC <span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>iva <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>\u00e7os<span class=\"_ _0\"></span> m\u00e9<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> var<span class=\"_ _0\"></span>i\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue n<span class=\"_ _0\"></span>os pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>am d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pre<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>n\u00f3m<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>para<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> e me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>era, <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>is\u00f5<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>\u00fas<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>a, i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>uin<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>era\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>apac<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>alad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>acio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>proj<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>s da<span class=\"_ _0\"></span> Ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>form<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>his<span class=\"_ _0\"></span>t\u00f3r<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span>Ess<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>c\u00e1l<span class=\"_ _0\"></span>culo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>xig<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> us<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as. O<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> cl<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>\u00e1tic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>foi<span class=\"_ _0\"></span> ig<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsid<span class=\"_ _0\"></span>erad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>flu<span class=\"_ _0\"></span>xos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>eito<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>ej<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>al. <span class=\"_ _0\"></span>Os<span class=\"_ _0\"></span> ris<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>uni<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>soci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span>s alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>cli<span class=\"_ _0\"></span>m\u00e1t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as i<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ficad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>ecom<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>TCFD<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ram-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>vul<span class=\"_ _0\"></span>gad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> ane<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat\u00f3<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ges<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span>.  An\u00e1<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tual<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>grav<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 0<span class=\"_ _0\"></span>,5<span class=\"_ _0\"></span>% n<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>onto<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>a no <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Go<span class=\"_ _0\"></span>odw<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>unid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>erad<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>Pap<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>inte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>guei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Fo<span class=\"_ _0\"></span>z,<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pl<span class=\"ff9\">ic<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>um d<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>aval<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac2<span class=\"_ _0\"></span>69<span class=\"_ _0\"></span>.08<span class=\"_ _0\"></span>1.4<span class=\"_ _0\"></span>88<span class=\"_ _0\"></span> (3<span class=\"_ _0\"></span>1 de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de </span>20<span class=\"_ _0\"></span>21:<span class=\"_ _0\"></span> \u20ac1<span class=\"_ _0\"></span>38<span class=\"_ _0\"></span>.398<span class=\"_ _0\"></span>.5<span class=\"_ _0\"></span>65<span class=\"_ _0\"></span>), <span class=\"_ _0\"></span>aind<span class=\"_ _0\"></span>a as<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>4 <span class=\"_ _0\"></span>vez<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span><span class=\"ff1\"> co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ico<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> </span>uni<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>rado<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ixa<span class=\"_ _0\"></span>. R<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>Good<span class=\"_ _0\"></span>wil<span class=\"_ _0\"></span>l a<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>o \u00e0<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Tis<span class=\"_ _0\"></span>sue<span class=\"_ _0\"></span> R\u00f3<span class=\"_ _0\"></span>d\u00e3<span class=\"_ _0\"></span>o, f<span class=\"_ _0\"></span>ace<span class=\"_ _0\"></span> \u00e0 im<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>smo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>ntu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>\u00e3o s<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rial<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>leva<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfGoodwillExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-70-3": {
   "value": "Pol\u00edticas Contabil\u00edsticas Goodwill O <span class=\"ls0\">go<span class=\"_ _0\"></span>odwi<span class=\"_ _3b\"></span>ll re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>eren<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os </span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> cont<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>c\u00e1v<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>incl<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>quis<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntrol<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e \u00e9<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ado a<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Un<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Ge<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Cai<span class=\"_ _0\"></span>xa<span class=\"_ _0\"></span> (U<span class=\"_ _0\"></span>GC)<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>GCs<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> ba<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nce. Amo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade O <span class=\"ls0\">go<span class=\"_ _0\"></span>odwi<span class=\"_ _3b\"></span>ll n\u00e3<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>. O <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>stes<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpar<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>ood<span class=\"_ _0\"></span>will<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>u </span>se<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>e q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> Os<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>\u00e1vei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> uni<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> ger<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>uxo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>aior<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e o <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>so e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span>As <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rdas<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>arid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>goo<span class=\"_ _0\"></span>dw<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o p<span class=\"_ _0\"></span>ode<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>tida<span class=\"_ _0\"></span>s. Ali<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>olo Gan<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ou p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntro<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ou n<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>\u00f3ci<span class=\"_ _0\"></span>o ao <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>good<span class=\"_ _0\"></span>wil<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e1 a<span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nclu<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> o v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>goo<span class=\"_ _0\"></span>dwi<span class=\"_ _0\"></span>ll <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spon<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>. Ded<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ibil<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>l \u00c0 l<span class=\"_ _0\"></span>uz<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> le<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>la\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fis<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tug<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, n\u00e3<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> o g<span class=\"_ _0\"></span>ood<span class=\"_ _0\"></span>will re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>cer <span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>t\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>term<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>is. ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-70-4": {
   "value": "Pol\u00edticas Contabil\u00edsticas Goodwill O <span class=\"ls0\">go<span class=\"_ _0\"></span>odwi<span class=\"_ _3b\"></span>ll re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>eren<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os </span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> cont<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>c\u00e1v<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>incl<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>quis<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntrol<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e \u00e9<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ado a<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Un<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Ge<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Cai<span class=\"_ _0\"></span>xa<span class=\"_ _0\"></span> (U<span class=\"_ _0\"></span>GC)<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>GCs<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> ba<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nce. Amo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade O <span class=\"ls0\">go<span class=\"_ _0\"></span>odwi<span class=\"_ _3b\"></span>ll n\u00e3<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>. O <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>stes<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpar<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>ood<span class=\"_ _0\"></span>will<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>u </span>se<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>e q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> Os<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>\u00e1vei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> uni<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> ger<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>uxo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>aior<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e o <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>so e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span>As <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rdas<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>arid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>goo<span class=\"_ _0\"></span>dw<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o p<span class=\"_ _0\"></span>ode<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>tida<span class=\"_ _0\"></span>s. Ali<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>olo Gan<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ou p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntro<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ou n<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>\u00f3ci<span class=\"_ _0\"></span>o ao <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>good<span class=\"_ _0\"></span>wil<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e1 a<span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nclu<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> o v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>goo<span class=\"_ _0\"></span>dwi<span class=\"_ _0\"></span>ll <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spon<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>. Ded<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ibil<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>l \u00c0 l<span class=\"_ _0\"></span>uz<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> le<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>la\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fis<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tug<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, n\u00e3<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> o g<span class=\"_ _0\"></span>ood<span class=\"_ _0\"></span>will re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>cer <span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>t\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>term<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>is. ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForGoodwillExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-72-3": {
   "value": "3.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>\u00edvei<span class=\"_ _0\"></span>s </span></span>Movimentos em ativos intang\u00edveis Propriedade industrial e Licen\u00e7as Outros Ativos outros de Emiss\u00e3o ativos intang\u00edveis Valores em Euros<span class=\"_ _1\"></span> direitos de CO2Intang\u00edveis em curso Total Valor bruto Saldo a 1 de janeir<span class=\"_ _1\"></span>o de 2021<span class=\"_ _1\"></span> 16.664  11.902.620 <span class=\"_ _1\"></span> -  -  11.919.284 <span class=\"_ _1\"></span> Atribui\u00e7\u00f5es -  14.915.653 <span class=\"_ _1\"></span> -  -  14.915.653 <span class=\"_ _1\"></span> Aquisi\u00e7\u00f5es<span class=\"_ _1\"></span> -  22.706.518 <span class=\"_ _1\"></span> -  17.823  22.724.341 <span class=\"_ _1\"></span> Regulariza\u00e7\u00f5es,<span class=\"_ _1\"></span> transfer\u00eancias e<span class=\"_ _1\"></span> abates<span class=\"_ _1\"></span> 17.823  (24.788.284) -  (17.823) (24.788.284)<span class=\"_ _1\"></span> Saldo a 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2021 34.487  24.736.507 <span class=\"_ _1\"></span> -  -  24.770.994 <span class=\"_ _1\"></span> Atribui\u00e7\u00f5es -  37.338.833 <span class=\"_ _1\"></span> -  -  37.338.833 <span class=\"_ _1\"></span> Aquisi\u00e7\u00f5es<span class=\"_ _1\"></span> -  3.251.520 <span class=\"_ _1\"></span> -  36.496  3.288.016 <span class=\"_ _1\"></span> Regulariza\u00e7\u00f5es,<span class=\"_ _1\"></span> transfer\u00eancias e<span class=\"_ _1\"></span> abates<span class=\"_ _1\"></span> 36.496  (20.545.709) -  (36.496) (20.545.709)<span class=\"_ _1\"></span> Saldo a 31 de de<span class=\"_ _1\"></span>zembro de 2022<span class=\"_ _1\"></span> 70.983  44.781.151 <span class=\"_ _1\"></span> -  -  44.852.134 <span class=\"_ _1\"></span> Amortiza\u00e7\u00f5es e p<span class=\"_ _1\"></span>erdas por imp<span class=\"_ _1\"></span>aridade<span class=\"_ _1\"></span> acumuladas<span class=\"_ _1\"></span> Saldo a 1 de janeir<span class=\"_ _1\"></span>o de 2021<span class=\"_ _1\"></span> (6.600) -  -  -  (6.600) Amortiza\u00e7\u00f5es do <span class=\"_ _1\"></span>per\u00edodo (Nota 3.7)<span class=\"_ _1\"></span> (11.864) -  -  -  (11.864) Saldo a 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2021 (18.464) -  -  -  (18.464) Amortiza\u00e7\u00f5es do <span class=\"_ _1\"></span>per\u00edodo (Nota 3.7)<span class=\"_ _1\"></span> (20.579) -  -  -  (20.579) Saldo a 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2022 (39.043) -  -  -  (39.043) Valor l\u00edquido a 1 d<span class=\"_ _1\"></span>e janeiro de 2021<span class=\"_ _1\"></span> 10.064  11.902.620 <span class=\"_ _1\"></span> -  -  11.912.684 <span class=\"_ _1\"></span> Valor l\u00edquido a 31 d<span class=\"_ _1\"></span>e dezembro<span class=\"_ _1\"></span> de 2021<span class=\"_ _1\"></span> 16.023  24.736.507 <span class=\"_ _1\"></span> -  -  24.752.529 <span class=\"_ _1\"></span> Valor l\u00edquido a 31 d<span class=\"_ _1\"></span>e dezembro<span class=\"_ _1\"></span> de 2022<span class=\"_ _1\"></span> 31.940  44.781.151 <span class=\"_ _1\"></span> -  -  44.813.091 <span class=\"_ _1\"></span> Licen\u00e7as de <span class=\"ls1b\">CO</span>231/12/22<span class=\"_ _0\"></span> 31/12/21 Licen\u00e7as CO2 (unidades)<span class=\"_ _1\"></span> 574<span class=\"ls0\">.</span>122 <span class=\"ls0\"> </span>620<span class=\"ls0\">.</span>805 <span class=\"ls0\"> </span>Valor unit\u00e1r<span class=\"_ _1\"></span>io m\u00e9dio (Euros)<span class=\"_ _1\"></span> 77,99  39,85  Cota\u00e7\u00e3o de mercad<span class=\"_ _1\"></span>o (Euros)<span class=\"_ _1\"></span> 81,49  80,65  Licen\u00e7as de CO2 <span class=\"ffa\">\u2013</span> Movimentos do<span class=\"_ _0\"></span> per\u00edodo  2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Valores em Euros<span class=\"_ _1\"></span> Toneladas Valor Toneladas Valor Saldo inicial<span class=\"_ _1\"></span> 620<span class=\"ls0\">.805 <span class=\"_ _1\"></span> </span>24<span class=\"ls0\">.</span>736<span class=\"ls0\">.<span class=\"_ _1\"></span>507  </span>516<span class=\"ls0\">.319 <span class=\"_ _1\"></span> </span>11<span class=\"ls0\">.</span>902<span class=\"_ _1\"></span><span class=\"ls0\">.620  </span>Licen\u00e7as atribu<span class=\"_ _1\"></span>\u00eddas gratuitamente <span class=\"_ _1\"></span>(Nota 2.2)<span class=\"_ _1\"></span> 444<span class=\"ls0\">.</span>457 <span class=\"ls0\"> </span>37<span class=\"ls0\">.</span>338<span class=\"ls0\">.833  </span>442<span class=\"ls0\">.</span>732 <span class=\"ls0\"> </span>14<span class=\"ls0\">.</span>915<span class=\"ls0\">.653  </span>Licen\u00e7as adqu<span class=\"_ _1\"></span>iridas 48<span class=\"ls0\">.</span>000 <span class=\"ls0\"> </span>3.<span class=\"ls24\">251</span>.520  368<span class=\"ls0\">.</span>598 <span class=\"ls0\"> </span>22<span class=\"ls0\">.</span>706<span class=\"ls0\">.518  </span>Licen\u00e7as devo<span class=\"_ _1\"></span>lvidas \u00e0 Entidade Co<span class=\"_ _1\"></span>ordenadora de L<span class=\"_ _1\"></span>icenciamento <span class=\"_ _1\"></span> (539.140) (20.<span class=\"ls24\">545</span>.709) (706.844) (24.<span class=\"ls24\">788</span>.284) Saldo final 574<span class=\"ls0\">.122 <span class=\"_ _1\"></span> </span>44<span class=\"ls0\">.</span>781<span class=\"ls0\">.<span class=\"_ _1\"></span>151  </span>620<span class=\"ls0\">.805 <span class=\"_ _1\"></span> </span>24<span class=\"ls0\">.</span>736<span class=\"_ _1\"></span><span class=\"ls0\">.507  </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfIntangibleAssetsExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-75-3": {
   "value": "Pol\u00edticas Contabil\u00edsticas Os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>ng\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ded<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>as amo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> por<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpar<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>. O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oced<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>even<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u c<span class=\"_ _0\"></span>irc<span class=\"_ _0\"></span>uns<span class=\"_ _0\"></span>t\u00e2n<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>as i<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ciam<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> o val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>\u00edsti<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>o va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> re<span class=\"_ _3b\"></span>cuper<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>ta,<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhec<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os. Ma<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>as Sem<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> nu<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>tivi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ariai<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ej<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>cas,<span class=\"_ _0\"></span> o Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>u r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onhe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>as D<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o, o<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>onde<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>aqu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o. Na <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>eque<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e as<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>arc<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>leti<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>u c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to,<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>vo d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>mor<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>, m<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>do te<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ato <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>ntu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>. As <span class=\"_ _0\"></span>mar<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>r\u00f3<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>Dem<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> vez<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue cor<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>onde<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> int<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e. Int<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>dese<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>lv<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rna<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte As <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span>s de<span class=\"_ _3b\"></span> dese<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>olvi<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>g\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>med<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>cni<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>plet<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>env<span class=\"_ _0\"></span>olvi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>t\u00e1 <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>spon<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>l p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a us<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pr\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>u c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>iali<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> Ca<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>esas<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>sf<span class=\"_ _0\"></span>a\u00e7a<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tos,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>pes<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ga\u00e7<span class=\"_ _0\"></span>\u00e3o, <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span> ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-78-4": {
   "value": "Int<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>dese<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>lv<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rna<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte As <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span>s de<span class=\"_ _3b\"></span> dese<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>olvi<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>g\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>med<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>cni<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>plet<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>env<span class=\"_ _0\"></span>olvi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>t\u00e1 <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>spon<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>l p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a us<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pr\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>u c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>iali<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> Ca<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>esas<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>sf<span class=\"_ _0\"></span>a\u00e7a<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tos,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>pes<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ga\u00e7<span class=\"_ _0\"></span>\u00e3o, <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span> Dep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es e<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> \u00c9 u<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>todo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>quot<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>mome<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>m se<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ncon<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a di<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>n\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>so,<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>zan<span class=\"_ _0\"></span>do-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xas<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>mel<span class=\"_ _0\"></span>hor<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span> \u00fat<span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ada. Anos m\u00e9dios de<span class=\"_ _1\"></span> vida \u00fati<span class=\"_ _1\"></span>l Anos m\u00e9dios de vi<span class=\"_ _1\"></span>da \u00fatil<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Terrenos (custo da pre<span class=\"_ _1\"></span>para\u00e7\u00e3o para flore<span class=\"_ _1\"></span>sta\u00e7\u00e3o)<span class=\"_ _1\"></span> 50<span class=\"ls0\"> </span>50<span class=\"ls0\"> </span>Edif\u00edcios e outras<span class=\"_ _1\"></span> constru\u00e7\u00f5es<span class=\"_ _1\"></span> 10 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>30<span class=\"ls0\"> </span>12 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>30<span class=\"ls0\"> </span>Equipamento b\u00e1<span class=\"_ _1\"></span>sico  4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>20<span class=\"ls0\"> </span>6 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>25<span class=\"ls0\"> </span>Equipamento de tran<span class=\"_ _1\"></span>sporte 4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 9 </span></span>4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 9 </span></span>Ferramentas e uten<span class=\"_ _1\"></span>s\u00edlios<span class=\"_ _1\"></span> 2 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 8 </span></span>2 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 8 </span></span>Equipamento ad<span class=\"_ _1\"></span>ministrativo<span class=\"_ _1\"></span> 4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 8 </span></span>4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 8 </span></span>Outros ativos fixo<span class=\"_ _1\"></span>s tang\u00edveis<span class=\"_ _1\"></span> 4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>10<span class=\"ls0\"> </span>4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>10<span class=\"ls0\"> </span>Os <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>uais<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>\u00fatei<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> aj<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>da. <span class=\"_ _0\"></span>Cas<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00e0s v<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>\u00fatei<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>il\u00eds<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>apli<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>osp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e.  Se <span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>rit<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>\u00e9 s<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>r\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>, pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eu re<span class=\"_ _0\"></span>aj<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gist<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de (N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 3.<span class=\"_ _0\"></span>7<span class=\"lsd\">).</span> ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForExpensesExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-78-5": {
   "value": "Int<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>dese<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>lv<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rna<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte As <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span>s de<span class=\"_ _3b\"></span> dese<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>olvi<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>g\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>med<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>cni<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>plet<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>env<span class=\"_ _0\"></span>olvi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>t\u00e1 <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>spon<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>l p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a us<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pr\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>u c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>iali<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> Ca<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>esas<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>sf<span class=\"_ _0\"></span>a\u00e7a<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tos,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>pes<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ga\u00e7<span class=\"_ _0\"></span>\u00e3o, <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span> ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForResearchAndDevelopmentExpenseExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-79-2": {
   "value": "3.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ixo<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> </span></span>Movimentos em ativos fixos tang\u00edveis Edif\u00edcios e Equipamentos<span class=\"_ _0\"></span> Ativos fixos outras e outros tang\u00edveis Valores em Euros<span class=\"_ _1\"></span> Terrenos constru\u00e7\u00f5es tang\u00edveis em curso Total Valor bruto Saldo em 1 de janeir<span class=\"_ _1\"></span>o de 2021<span class=\"_ _1\"></span> 114<span class=\"ls0\">.504.5<span class=\"_ _1\"></span>64  </span>541<span class=\"ls0\">.240.4<span class=\"_ _1\"></span>75  </span>3.567.<span class=\"ls2b\">757<span class=\"_ _1\"></span></span>.837  123<span class=\"ls0\">.425.4<span class=\"_ _1\"></span>31  </span>4.346.<span class=\"ls2b\">928<span class=\"_ _1\"></span></span>.307  Aquisi\u00e7\u00f5es<span class=\"_ _1\"></span> -  -  14<span class=\"ls0\">.</span>551<span class=\"ls0\">.550  </span>65<span class=\"ls0\">.</span>482<span class=\"ls0\">.023  </span>80<span class=\"ls0\">.</span>033<span class=\"ls0\">.573  </span>Aliena\u00e7\u00f5es<span class=\"_ _1\"></span> (339.267) -  (511.368)<span class=\"_ _1\"></span> -  (850.635) Regulariza\u00e7\u00f5es,<span class=\"_ _1\"></span> transfer\u00eancias e<span class=\"_ _1\"></span> abates<span class=\"_ _1\"></span> 226<span class=\"ls0\">.</span>134 <span class=\"ls0\"> </span>1.<span class=\"ls24\">633</span>.165  137<span class=\"ls0\">.</span>086<span class=\"ls0\">.918  </span>(148.<span class=\"ls24\">431</span>.<span class=\"ls24\">122)</span> (9<span class=\"ls0\">.<span class=\"ls24\">484</span>.905)<span class=\"_ _1\"></span> </span>Saldo em 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2021 114<span class=\"ls0\">.391.4<span class=\"_ _1\"></span>31  </span>542<span class=\"ls0\">.873.6<span class=\"_ _1\"></span>40  </span>3.718.<span class=\"ls2b\">884<span class=\"_ _1\"></span></span>.937  40<span class=\"ls0\">.</span>476<span class=\"ls0\">.<span class=\"_ _1\"></span>332  </span>4.416.<span class=\"ls2b\">626<span class=\"_ _1\"></span></span>.340  Aquisi\u00e7\u00f5es<span class=\"_ _1\"></span> -  -  12<span class=\"ls0\">.</span>642<span class=\"ls0\">.516  </span>99<span class=\"ls0\">.</span>381<span class=\"ls0\">.294  </span>112<span class=\"ls0\">.</span>023<span class=\"ls0\">.810  </span>Aliena\u00e7\u00f5es<span class=\"_ _1\"></span> (740.389) -  (39.<span class=\"ls24\">913</span>.005) -  (40.<span class=\"ls24\">653</span>.394) Regulariza\u00e7\u00f5es,<span class=\"_ _1\"></span> transfer\u00eancias e<span class=\"_ _1\"></span> abates<span class=\"_ _1\"></span> 2.<span class=\"ls24\">123</span>.276  1.<span class=\"ls24\">626</span>.228  35<span class=\"ls0\">.</span>577<span class=\"ls0\">.280  </span>(47.<span class=\"ls24\">701</span>.141) (8<span class=\"ls0\">.<span class=\"ls24\">374</span>.357)<span class=\"_ _1\"></span> </span>Saldo em 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2022 115<span class=\"ls0\">.774.3<span class=\"_ _1\"></span>18  </span>544<span class=\"ls0\">.499.8<span class=\"_ _1\"></span>68  </span>3.727.<span class=\"ls2b\">191<span class=\"_ _1\"></span></span>.728  92<span class=\"ls0\">.</span>156<span class=\"ls0\">.<span class=\"_ _1\"></span>485  </span>4.479.<span class=\"ls2b\">622<span class=\"_ _1\"></span></span>.399  Deprecia\u00e7\u00f5es e<span class=\"_ _1\"></span> perdas por i<span class=\"_ _1\"></span>mparidade acumuladas Saldo em 1 de janeir<span class=\"_ _1\"></span>o de 2021<span class=\"_ _1\"></span> -  (352.192.222)<span class=\"_ _1\"></span> (2<span class=\"ls0\">.810.786.493) </span>-  (3<span class=\"ls0\">.162.978.715) </span>Deprecia\u00e7\u00f5es do per<span class=\"_ _1\"></span>\u00edodo (Nota 3.7<span class=\"_ _1\"></span>) -  (11.<span class=\"ls24\">240</span>.522) (107.<span class=\"ls24\">130</span>.<span class=\"ls24\">884)</span> -  (118.<span class=\"ls24\">371</span>.<span class=\"ls24\">406)</span> Aliena\u00e7\u00f5es<span class=\"_ _1\"></span> -  -  505<span class=\"ls0\">.</span>759 <span class=\"ls0\"> </span>-  505<span class=\"ls0\">.</span>759 <span class=\"ls0\"> </span>Regulariza\u00e7\u00f5es,<span class=\"_ _1\"></span> transfer\u00eancias e<span class=\"_ _1\"></span> abates<span class=\"_ _1\"></span> -  567<span class=\"ls0\">.</span>105 <span class=\"ls0\"> </span>8.<span class=\"ls24\">895</span>.424  -  9.<span class=\"ls24\">462</span>.529  Saldo em 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2021 -  (362.865.639)<span class=\"_ _1\"></span> (2<span class=\"ls0\">.908.516.194) </span>- (3<span class=\"ls0\">.271.381.833) </span>Deprecia\u00e7\u00f5es do per<span class=\"_ _1\"></span>\u00edodo (Nota<span class=\"_ _1\"></span> 3.7) -  (18.<span class=\"ls24\">827</span>.626) (137.<span class=\"ls24\">630</span>.<span class=\"ls24\">932)</span> -  (156.<span class=\"ls24\">458</span>.<span class=\"ls24\">558)</span> Imparidades <span class=\"_ _1\"></span> -  -  Aliena\u00e7\u00f5es<span class=\"_ _1\"></span> -  -  39<span class=\"ls0\">.</span>443<span class=\"ls0\">.667  </span>-  39<span class=\"ls0\">.</span>443<span class=\"ls0\">.667  </span>Regulariza\u00e7\u00f5es,<span class=\"_ _1\"></span> transfer\u00eancias e<span class=\"_ _1\"></span> abates<span class=\"_ _1\"></span> -  6.<span class=\"ls24\">927 </span> 8.<span class=\"ls24\">456</span>.805  -  8.<span class=\"ls24\">463</span>.732  Saldo em 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2022 -  (381.686.338)<span class=\"_ _1\"></span> (2<span class=\"ls0\">.998.246.654) </span>- (3<span class=\"ls0\">.379.932.992) </span>Valor l\u00edquido em 1 d<span class=\"_ _1\"></span>e janeiro d<span class=\"_ _1\"></span>e 2021<span class=\"_ _1\"></span> 114<span class=\"ls0\">.504.5<span class=\"_ _1\"></span>64  </span>189<span class=\"ls0\">.048.2<span class=\"_ _1\"></span>53  </span>756<span class=\"ls0\">.971.3<span class=\"_ _1\"></span>44  </span>123<span class=\"ls0\">.425.4<span class=\"_ _1\"></span>31  </span>1.183.<span class=\"ls2b\">949<span class=\"_ _1\"></span></span>.592  Valor l\u00edquido em 3<span class=\"_ _1\"></span>1 de dez<span class=\"_ _1\"></span>embro de 2021<span class=\"_ _1\"></span> 114<span class=\"ls0\">.391.4<span class=\"_ _1\"></span>31  </span>180<span class=\"ls0\">.008.0<span class=\"_ _1\"></span>01  </span>810<span class=\"ls0\">.368.7<span class=\"_ _1\"></span>43  </span>40<span class=\"ls0\">.</span>476<span class=\"ls0\">.<span class=\"_ _1\"></span>332  </span>1.145.<span class=\"ls2b\">244<span class=\"_ _1\"></span></span>.507  Valor l\u00edquido em 3<span class=\"_ _1\"></span>1 de dez<span class=\"_ _1\"></span>embro de 2022<span class=\"_ _1\"></span> 115<span class=\"ls0\">.774.3<span class=\"_ _1\"></span>18  </span>162<span class=\"ls0\">.813.5<span class=\"_ _1\"></span>30  </span>728<span class=\"ls0\">.945.0<span class=\"_ _1\"></span>74  </span>92<span class=\"ls0\">.</span>156<span class=\"ls0\">.<span class=\"_ _1\"></span>485  </span>1.099.<span class=\"ls2b\">689<span class=\"_ _1\"></span></span>.407  Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 a <span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>clui<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>roj<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>vim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>so,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m pa<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ular<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>\u00e0 n<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>a li<span class=\"_ _0\"></span>nha<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s da<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a F<span class=\"_ _0\"></span>oz <span class=\"_ _0\"></span>(\u20ac<span class=\"_ _0\"></span>20.8<span class=\"_ _0\"></span>35<span class=\"_ _0\"></span>.6<span class=\"_ _0\"></span>25), <span class=\"_ _0\"></span>\u00e0 n<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>a l<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>de e<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span><span class=\"ff1\">a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de </span>Ave<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>o (<span class=\"_ _0\"></span>\u20ac1<span class=\"_ _0\"></span>2.69<span class=\"_ _0\"></span>1.<span class=\"_ _0\"></span>625)<span class=\"_ _3b\"></span>, \u00e0 n<span class=\"_ _0\"></span>ova <span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>\u00e1s <span class=\"_ _0\"></span>Nat<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>e Se<span class=\"_ _0\"></span>t\u00fa<span class=\"_ _0\"></span>bal<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>\u20ac4.2<span class=\"_ _0\"></span>80<span class=\"_ _0\"></span>.075<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span><span class=\"ff1\">upg<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>e </span>do<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a b<span class=\"ff9\">ob<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> 1 d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Fig<span class=\"_ _0\"></span>ueir<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Foz <span class=\"_ _0\"></span>(\u20ac<span class=\"_ _0\"></span>2.<span class=\"_ _0\"></span>006.<span class=\"_ _0\"></span>60<span class=\"_ _0\"></span>2).<span class=\"_ _0\"></span> O <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>esce<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> </span>re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>div<span class=\"_ _0\"></span>ers<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>elh<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>timi<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>utiv<span class=\"_ _0\"></span>o. O v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Te<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>i \u20ac<span class=\"_ _0\"></span>114.<span class=\"_ _0\"></span>58<span class=\"_ _0\"></span>6.8<span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>(3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1:<span class=\"_ _0\"></span> \u20ac1<span class=\"_ _0\"></span>13.<span class=\"_ _0\"></span>358<span class=\"_ _0\"></span>.58<span class=\"_ _0\"></span>5)<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>eda<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to,<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s \u20ac<span class=\"_ _0\"></span>75<span class=\"_ _0\"></span>.448<span class=\"_ _0\"></span>.7<span class=\"_ _0\"></span>16<span class=\"_ _0\"></span> (31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1: <span class=\"_ _0\"></span>\u20ac74<span class=\"_ _0\"></span>.2<span class=\"_ _0\"></span>20.<span class=\"_ _0\"></span>470<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"ff1\">v<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> a </span>te<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s fl<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>\u20ac39<span class=\"_ _0\"></span>.1<span class=\"_ _0\"></span>38.11<span class=\"_ _0\"></span>5 <span class=\"_ _0\"></span>(3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2021<span class=\"_ _0\"></span>: <span class=\"_ _0\"></span>\u20ac3<span class=\"_ _0\"></span>9.13<span class=\"_ _0\"></span>8.<span class=\"_ _0\"></span>115)<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>a te<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>eno<span class=\"_ _0\"></span>s afe<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>\u00edme<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fab<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>omi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>sumi<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ati<span class=\"_ _3b\"></span>vos fi<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>had<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>ota <span class=\"_ _0\"></span>10<span class=\"_ _0\"></span>.<span class=\"ls16\">2 </span>- <span class=\"_ _0\"></span>Comp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>sos<span class=\"_ _0\"></span>. Estimativas e julgamentos Rec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>ng\u00ed<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>is A r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>erab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>g\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>efin<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>imat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ssup<span class=\"_ _0\"></span>ost<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Ge<span class=\"_ _0\"></span>st\u00e3o<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> apl<span class=\"_ _0\"></span>ic\u00e1<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>l, n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>z r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pei<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>apu<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> us<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>\u00e2mb<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s te<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> uni<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> ger<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>caix<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span>  Vi<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>\u00fati<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o  Os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>g\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ntam<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>onen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ais s<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>nifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o A<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span>l do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> Est<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ujei<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>uma <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o si<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>\u00e1tic<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>det<span class=\"_ _0\"></span>erm<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>a sua<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> \u00fat<span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>n\u00f3m<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span>A de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s \u00fa<span class=\"_ _0\"></span>tei<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span>, b<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>\u00e9t<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ar \u00e9<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>nar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>cia\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s a <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>conh<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> na <span class=\"_ _0\"></span>Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>olid<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>. Est<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ois <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r\u00e2m<span class=\"_ _0\"></span>etr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ord<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> o m<span class=\"_ _0\"></span>elh<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> jul<span class=\"_ _0\"></span>gam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>lho d<span class=\"_ _0\"></span>e Adm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>\u00f3ci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>b\u00e9m<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00e1ti<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> ado<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>cion<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> e a <span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>olu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ndi\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>con\u00f3<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>a.  No<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span><span class=\"ff9\">evi<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>IFRS<span class=\"_ _0\"></span>\u2019s,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>idas<span class=\"_ _0\"></span> \u00fat<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>r r<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> </span>as <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>cta<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>nef\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>econ<span class=\"_ _0\"></span>\u00f3mi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s es<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>uso <span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>cni<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> pl<span class=\"_ _0\"></span>ane<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>As <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rra<span class=\"_ _0\"></span>m na<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>\u00e3o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>iliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ospe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>va. Dad<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>v\u00e2<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>gula<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span> t\u00e9<span class=\"_ _0\"></span>cni<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s ex<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara <span class=\"_ _0\"></span>afe<span class=\"_ _0\"></span>rir<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a ad<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ua\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>s ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>, te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>o \u00fal<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>rela<span class=\"_ _0\"></span>t\u00f3r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nclu\u00ed<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> du<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>segu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>er\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> 1 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ja<span class=\"_ _0\"></span>nei<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2. Ne<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>c\u00edc<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>cede<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>\u00e0 re<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> \u00fate<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>um con<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>afe<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>va,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> on<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>, em<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>edu\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da vi<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>\u00fati<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>m, <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>erc\u00ed<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>o (<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span> No<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> 3.<span class=\"_ _0\"></span>7). ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-82-3": {
   "value": "Pol\u00edticas Contabil\u00edsticas At<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>ixo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>g\u00edv<span class=\"_ _0\"></span>eis Re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l Os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>g\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aqu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>uzid<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>cia\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de.<span class=\"_ _0\"></span> Dep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es e<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> \u00c9 u<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>todo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>quot<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>mome<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>m se<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ncon<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a di<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>n\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>so,<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>zan<span class=\"_ _0\"></span>do-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xas<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>mel<span class=\"_ _0\"></span>hor<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span> \u00fat<span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ada. Anos m\u00e9dios de<span class=\"_ _1\"></span> vida \u00fati<span class=\"_ _1\"></span>l Anos m\u00e9dios de vi<span class=\"_ _1\"></span>da \u00fatil<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Terrenos (custo da pre<span class=\"_ _1\"></span>para\u00e7\u00e3o para flore<span class=\"_ _1\"></span>sta\u00e7\u00e3o)<span class=\"_ _1\"></span> 50<span class=\"ls0\"> </span>50<span class=\"ls0\"> </span>Edif\u00edcios e outras<span class=\"_ _1\"></span> constru\u00e7\u00f5es<span class=\"_ _1\"></span> 10 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>30<span class=\"ls0\"> </span>12 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>30<span class=\"ls0\"> </span>Equipamento b\u00e1<span class=\"_ _1\"></span>sico  4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>20<span class=\"ls0\"> </span>6 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>25<span class=\"ls0\"> </span>Equipamento de tran<span class=\"_ _1\"></span>sporte 4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 9 </span></span>4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 9 </span></span>Ferramentas e uten<span class=\"_ _1\"></span>s\u00edlios<span class=\"_ _1\"></span> 2 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 8 </span></span>2 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 8 </span></span>Equipamento ad<span class=\"_ _1\"></span>ministrativo<span class=\"_ _1\"></span> 4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 8 </span></span>4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 8 </span></span>Outros ativos fixo<span class=\"_ _1\"></span>s tang\u00edveis<span class=\"_ _1\"></span> 4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>10<span class=\"ls0\"> </span>4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>10<span class=\"ls0\"> </span>Os <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>uais<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>\u00fatei<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> aj<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>da. <span class=\"_ _0\"></span>Cas<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00e0s v<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>\u00fatei<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>il\u00eds<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>apli<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>osp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e.  Se <span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>rit<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>\u00e9 s<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>r\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>, pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eu re<span class=\"_ _0\"></span>aj<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gist<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de (N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 3.<span class=\"_ _0\"></span>7<span class=\"lsd\">).</span> Cus<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>uen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s Os <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>nut<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>ama<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>one<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e aqu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo f<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>o ta<span class=\"_ _0\"></span>ng\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>\u00e0 da<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> da pr<span class=\"_ _0\"></span>\u00f3xi<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>ute<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> rep<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>ute<span class=\"_ _0\"></span>n\u00e7\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>no pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>orri<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>. Pe<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>en\u00e7<span class=\"_ _0\"></span>\u00e3o As <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>rva<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>erad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>t\u00e9g<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>elac<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ntos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t\u00e1ve<span class=\"_ _0\"></span>l q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nha <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>lon<span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r m<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>doi<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>c\u00ed<span class=\"_ _0\"></span>cios<span class=\"_ _0\"></span> ec<span class=\"_ _0\"></span>on\u00f3<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span><span class=\"ff9\">s p<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>manu<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>n\u00e7\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo \u201c<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> </span>de<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>ui\u00e7\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>r\u00edt<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as\u201d<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span><span class=\"ff1\">nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> At<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fix<span class=\"_ _0\"></span>os t<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span>. </span>Re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> cl<span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>rv<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>iad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sde<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>mom<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>n\u00edve<span class=\"_ _0\"></span>is p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u00e9-l<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>s at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>da \u00fa<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>l q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>za <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> eq<span class=\"_ _0\"></span>uip<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>rev<span class=\"_ _0\"></span>\u00ea q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>enh<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>tegr<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ltr<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>da \u00fa<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>l re<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s. As <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>rva<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tabi<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>como<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> tang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>van<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s <span class=\"ls12\">e </span>uti<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>\u00edo<span class=\"_ _0\"></span>do,<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>izad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> ape<span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>tem d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ixo<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>is<span class=\"ls10\">. <span class=\"_ _0\"></span><span class=\"ls0\">Nas<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tua\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> </span></span>par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>\u00e1rio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>onhe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>exe<span class=\"_ _0\"></span>rc\u00ed<span class=\"_ _0\"></span>cio <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sumi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s. Enc<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>gos<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>ncei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>\u00e9<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>os Os <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>car<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ncei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>r\u00e9<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> dir<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>elaci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> (c<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edod<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ou d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>vime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xce<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s s\u00e3o<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>faze<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>art<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> cus<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>. No<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>c\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>dos,<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>aisq<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nca<span class=\"_ _0\"></span>rgo<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>\u00e9s<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om a<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ang\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s. Aba<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00f5es Os <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>enie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>ate <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> ali<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>erm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ela <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>eren<span class=\"_ _0\"></span>\u00e7a en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>bim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>na\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>c\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>dedu<span class=\"_ _0\"></span>zid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a qu<span class=\"_ _0\"></span>anti<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>crit<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>conh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> Ou<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>os re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>raci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> (N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>.2) <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> Ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nais<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>Nota<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>.3<span class=\"lsd\">).</span> ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-83-5": {
   "value": "Dep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es e<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> \u00c9 u<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>todo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>quot<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>mome<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>m se<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ncon<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a di<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>n\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>so,<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>zan<span class=\"_ _0\"></span>do-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xas<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>mel<span class=\"_ _0\"></span>hor<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span> \u00fat<span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ada. Anos m\u00e9dios de<span class=\"_ _1\"></span> vida \u00fati<span class=\"_ _1\"></span>l Anos m\u00e9dios de vi<span class=\"_ _1\"></span>da \u00fatil<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Terrenos (custo da pre<span class=\"_ _1\"></span>para\u00e7\u00e3o para flore<span class=\"_ _1\"></span>sta\u00e7\u00e3o)<span class=\"_ _1\"></span> 50<span class=\"ls0\"> </span>50<span class=\"ls0\"> </span>Edif\u00edcios e outras<span class=\"_ _1\"></span> constru\u00e7\u00f5es<span class=\"_ _1\"></span> 10 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>30<span class=\"ls0\"> </span>12 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>30<span class=\"ls0\"> </span>Equipamento b\u00e1<span class=\"_ _1\"></span>sico  4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>20<span class=\"ls0\"> </span>6 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>25<span class=\"ls0\"> </span>Equipamento de tran<span class=\"_ _1\"></span>sporte 4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 9 </span></span>4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 9 </span></span>Ferramentas e uten<span class=\"_ _1\"></span>s\u00edlios<span class=\"_ _1\"></span> 2 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 8 </span></span>2 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 8 </span></span>Equipamento ad<span class=\"_ _1\"></span>ministrativo<span class=\"_ _1\"></span> 4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 8 </span></span>4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 8 </span></span>Outros ativos fixo<span class=\"_ _1\"></span>s tang\u00edveis<span class=\"_ _1\"></span> 4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>10<span class=\"ls0\"> </span>4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>10<span class=\"ls0\"> </span>Os <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>uais<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>\u00fatei<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> aj<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>da. <span class=\"_ _0\"></span>Cas<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00e0s v<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>\u00fatei<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>il\u00eds<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>apli<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>osp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e.  Se <span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>rit<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>\u00e9 s<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>r\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>, pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eu re<span class=\"_ _0\"></span>aj<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gist<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de (N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 3.<span class=\"_ _0\"></span>7<span class=\"lsd\">).</span> ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-84-4": {
   "value": "Cus<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>uen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s Os <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>nut<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>ama<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>one<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e aqu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo f<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>o ta<span class=\"_ _0\"></span>ng\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>\u00e0 da<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> da pr<span class=\"_ _0\"></span>\u00f3xi<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>ute<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> rep<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>ute<span class=\"_ _0\"></span>n\u00e7\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>no pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>orri<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>. Pe<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>en\u00e7<span class=\"_ _0\"></span>\u00e3o As <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>rva<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>erad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>t\u00e9g<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>elac<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ntos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t\u00e1ve<span class=\"_ _0\"></span>l q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nha <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>lon<span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r m<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>doi<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>c\u00ed<span class=\"_ _0\"></span>cios<span class=\"_ _0\"></span> ec<span class=\"_ _0\"></span>on\u00f3<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span><span class=\"ff9\">s p<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>manu<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>n\u00e7\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo \u201c<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> </span>de<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>ui\u00e7\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>r\u00edt<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as\u201d<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span><span class=\"ff1\">nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> At<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fix<span class=\"_ _0\"></span>os t<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span>. </span>Re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> cl<span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>rv<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>iad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sde<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>mom<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>n\u00edve<span class=\"_ _0\"></span>is p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u00e9-l<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>s at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>da \u00fa<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>l q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>za <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> eq<span class=\"_ _0\"></span>uip<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>rev<span class=\"_ _0\"></span>\u00ea q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>enh<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>tegr<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ltr<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>da \u00fa<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>l re<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s. As <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>rva<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tabi<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>como<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> tang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>van<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s <span class=\"ls12\">e </span>uti<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>\u00edo<span class=\"_ _0\"></span>do,<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>izad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> ape<span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>tem d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ixo<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>is<span class=\"ls10\">. <span class=\"_ _0\"></span><span class=\"ls0\">Nas<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tua\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> </span></span>par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>\u00e1rio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>onhe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>exe<span class=\"_ _0\"></span>rc\u00ed<span class=\"_ _0\"></span>cio <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sumi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s. ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForRepairsAndMaintenanceExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-85-4": {
   "value": "Enc<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>gos<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>ncei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>\u00e9<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>os Os <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>car<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ncei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>r\u00e9<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> dir<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>elaci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> (c<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edod<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ou d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>vime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xce<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s s\u00e3o<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>faze<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>art<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> cus<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>. No<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>c\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>dos,<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>aisq<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nca<span class=\"_ _0\"></span>rgo<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>\u00e9s<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om a<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ang\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s. Pol\u00edticas Contabil\u00edsti<span class=\"ls5\">cas</span> Os <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ntos<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>bti<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>lue<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>Obr<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Pap<span class=\"_ _0\"></span>el C<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>os ban<span class=\"_ _0\"></span>c\u00e1r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e ou<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>anci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>. Me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al Ao <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cust<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s. Me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e Ao <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tiz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>, u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>todo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>uro e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a. A d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bol<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ensu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>al \u00e9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ngo<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>d\u00ed<span class=\"_ _0\"></span>vida <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> \u201cJ<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>s em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9sti<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>bti<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>\u201d n<span class=\"_ _0\"></span>a <span class=\"ff1\">N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 5.<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013</span> <span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s. </span>Ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor O v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>co d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>obti<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>curto<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>raz<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ou c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> tax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ri\u00e1v<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>rox<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>a-<span class=\"_ _0\"></span>se d<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>. O j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>bti<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>mun<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>\u00e9 di<span class=\"_ _0\"></span>vul<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>do n<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 8.3<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> At<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s.<span class=\"ff3\"> </span></span></span>Apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o No<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> cor<span class=\"_ _3b\"></span>rente<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>xce<span class=\"_ _0\"></span>to s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>r u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>dire<span class=\"_ _0\"></span>ito <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>dici<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>erir<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>liqu<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> 12<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ap\u00f3s<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ato.<span class=\"_ _0\"></span> <span class=\"_ _39\"> </span> ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForBorrowingCostsExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-87-2": {
   "value": "3.4.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Pro<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>eda<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to </span></span>Movimentos em propriedades de investimento Edif\u00edcios  e outras Valores em Euros<span class=\"_ _1\"></span> Terrenos constru\u00e7\u00f5es Total Valor bruto Saldo em 1 de janeir<span class=\"_ _1\"></span>o de 2021<span class=\"_ _1\"></span> 424<span class=\"ls0\">.744 <span class=\"_ _1\"></span> </span>82<span class=\"ls0\">.</span>307 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>507<span class=\"ls0\">.051 <span class=\"_ _1\"></span> </span>Aquisi\u00e7\u00f5es<span class=\"_ _1\"></span> -  -  -  Aliena\u00e7\u00f5es<span class=\"_ _1\"></span> -  -  -  Saldo em 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2021 424<span class=\"ls0\">.744 <span class=\"_ _1\"></span> </span>82<span class=\"ls0\">.</span>307 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>507<span class=\"ls0\">.051 <span class=\"_ _1\"></span> </span>Aquisi\u00e7\u00f5es<span class=\"_ _1\"></span> -  -  -  Aliena\u00e7\u00f5es<span class=\"_ _1\"></span> -  -  -  Saldo em 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2022 424<span class=\"ls0\">.744 <span class=\"_ _1\"></span> </span>82<span class=\"ls0\">.</span>307 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>507<span class=\"ls0\">.051 <span class=\"_ _1\"></span> </span>Deprecia\u00e7\u00f5es e<span class=\"_ _1\"></span> perdas por i<span class=\"_ _1\"></span>mparidade a<span class=\"_ _1\"></span>cumuladas<span class=\"_ _1\"></span> Saldo em 1 de janeir<span class=\"_ _1\"></span>o de 2021<span class=\"_ _1\"></span> (399.372) (13.443) (412.815) Deprecia\u00e7\u00f5es do per<span class=\"_ _1\"></span>\u00edodo (Nota 3.7<span class=\"_ _1\"></span>) -  -  -  Aliena\u00e7\u00f5es<span class=\"_ _1\"></span> -  -  -  Perdas por impar<span class=\"_ _1\"></span>idade (Nota 3.7)<span class=\"_ _1\"></span> -  (1<span class=\"ls0\">.646)<span class=\"_ _1\"></span> </span>(1<span class=\"ls0\">.646)<span class=\"_ _1\"></span> </span>Saldo em 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2021 (399.372) (15.089) (414.461) Deprecia\u00e7\u00f5es do per<span class=\"_ _1\"></span>\u00edodo (Nota 3.7<span class=\"_ _1\"></span>) -  -  -  Aliena\u00e7\u00f5es<span class=\"_ _1\"></span> -  -  -  Perdas por impar<span class=\"_ _1\"></span>idade (Nota 3.7)<span class=\"_ _1\"></span> -  (1<span class=\"ls0\">.646)<span class=\"_ _1\"></span> </span>(1<span class=\"ls0\">.646)<span class=\"_ _1\"></span> </span>Saldo em 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2022 (399.372) (16.735) (416.107) Valor l\u00edquido em 1 d<span class=\"_ _1\"></span>e janeiro d<span class=\"_ _1\"></span>e 2021<span class=\"_ _1\"></span> 25<span class=\"ls0\">.</span>372 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>68<span class=\"ls0\">.</span>864 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>94<span class=\"ls0\">.</span>236 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>Valor l\u00edquido em 3<span class=\"_ _1\"></span>1 de dez<span class=\"_ _1\"></span>embro de 2021<span class=\"_ _1\"></span> 25<span class=\"ls0\">.</span>372 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>67<span class=\"ls0\">.</span>218 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>92<span class=\"ls0\">.</span>589 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>Valor l\u00edquido em 3<span class=\"_ _1\"></span>1 de dez<span class=\"_ _1\"></span>embro de 2022<span class=\"_ _1\"></span> 25<span class=\"ls0\">.</span>372 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>65<span class=\"ls0\">.</span>572 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>90<span class=\"ls0\">.</span>943 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>Est<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>am af<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>m t\u00ea<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>uso <span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>o. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInvestmentPropertyExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-88-3": {
   "value": "Pol\u00edticas Contabil\u00edsticas O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>opr<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>nas <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iras<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>m\u00f3<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>tido<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>jet<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span>iza\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> e/<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> obt<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>. Uma<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>edad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>time<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>nici<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>seu<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>u pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o, i<span class=\"_ _0\"></span>ncl<span class=\"_ _3b\"></span>uindo <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>stos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ansa<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> l<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>sejam<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span>. Ap<span class=\"_ _0\"></span>\u00f3s <span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nici<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, as<span class=\"_ _0\"></span> pro<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ied<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> inv<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>dedu<span class=\"_ _0\"></span>zi<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> amo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r im<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>umu<span class=\"_ _0\"></span>lad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>seq<span class=\"_ _0\"></span>uen<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>eda<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>s\u00f3<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>o cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>v\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>les<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>on\u00f3m<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>turo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>acre<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ace<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>no r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>conh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>. ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentPropertyExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-89-2": {
   "value": "3.5.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Subs<span class=\"_ _0\"></span>\u00edd<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao<span class=\"_ _0\"></span> inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o </span></span>Subs\u00eddios ao investimento - Movimentos 31/12/22 31/12/21 Valores em Euros<span class=\"_ _1\"></span> Financeiros<span class=\"_ _0\"></span> Fiscais Total Financeiros<span class=\"_ _0\"></span> Fiscais Total Saldo inicial<span class=\"_ _1\"></span> 12.085.757 19.608.965 31.694.722 13.768.051 21.463.619 35.231.670 Atribui\u00e7\u00e3o 5.226.930 -5.226.930721.599 -721.599Utiliza\u00e7\u00e3o (Nota<span class=\"_ _1\"></span> 3.7) (1.689.688) (1.708.516) (3.398.204)(2.365.089)<span class=\"_ _1\"></span> (1.737.488) (4.102.577) Outros moviment<span class=\"_ _1\"></span>os 293.111 -293.111(38.804) (117.166) (155.970) Saldo final (<span class=\"_ _1\"></span>Nota 4.3) 15.916.110 17.900.449 33.816.559 12.085.757 19.608.965 31.694.722 As<span class=\"ls0\"> <span class=\"ff9\">at<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>i\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>o inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> \u20ac4.<span class=\"_ _0\"></span>48<span class=\"_ _0\"></span>8.0<span class=\"_ _0\"></span>46 <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> ao <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bs\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>trib<span class=\"_ _0\"></span>u\u00eddo<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> CIN<span class=\"_ _0\"></span>EA </span></span>(E<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>pea<span class=\"_ _0\"></span>n C<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>Inf<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uctu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>d <span class=\"_ _0\"></span>Envi<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>nme<span class=\"_ _0\"></span>nt <span class=\"_ _0\"></span>Exe<span class=\"_ _0\"></span>cut<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>e A<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ncy)<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>ulp<span class=\"_ _0\"></span> Set<span class=\"_ _0\"></span>\u00fab<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>rs\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>no d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>\u00e1bri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Se<span class=\"_ _0\"></span>t\u00fab<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, com<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>\u00e0 u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>comb<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>t\u00edve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>\u00e1vei<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> \u00e2m<span class=\"_ _0\"></span>bit<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>no d<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>oni<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po.<span class=\"_ _0\"></span> O r<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ane<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te, <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>\u20ac <span class=\"_ _0\"></span>738<span class=\"_ _0\"></span>.884<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>spei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ribu<span class=\"_ _0\"></span>\u00edd<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>no \u00e2mb<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> age<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>mob<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Plan<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e R<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>sili<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia. Do <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>foi<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>ido <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>pen<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or d<span class=\"_ _0\"></span>e \u20ac<span class=\"_ _0\"></span> 9<span class=\"_ _0\"></span>6.0<span class=\"_ _0\"></span>55,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>efl<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>na Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> Fl<span class=\"_ _0\"></span>uxo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de Ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a, Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>os s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>s\u00eddi<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>vest<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>etal<span class=\"_ _0\"></span>hav<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>a com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: 31/12/22<span class=\"_ _0\"></span> 31/12/21 Valores em Euros<span class=\"_ _1\"></span> Financeiros<span class=\"_ _0\"></span> Fiscais Total Financeiros<span class=\"_ _0\"></span> Fiscais Total Ao abrigo d<span class=\"_ _1\"></span>os contratos AICEP<span class=\"_ _1\"></span> Enerpulp, S.A.<span class=\"_ _1\"></span> 254<span class=\"ls0\">.</span>071 <span class=\"ls0\"> </span>-  254<span class=\"ls0\">.</span>071 <span class=\"ls0\"> </span>328<span class=\"ls0\">.</span>243 <span class=\"ls0\"> </span>-  328<span class=\"ls0\">.</span>243 <span class=\"ls0\"> </span>Navigator Pulp A<span class=\"_ _1\"></span>veiro, S.A.<span class=\"_ _1\"></span> 3.<span class=\"ls24\">759</span>.757  1.<span class=\"ls24\">556</span>.065  5.<span class=\"ls24\">315</span>.822  4.<span class=\"ls24\">790</span>.430  2.<span class=\"ls24\">015</span>.570  6.<span class=\"ls24\">806</span>.000  Navigator Pulp Set\u00faba<span class=\"_ _1\"></span>l, S.A.<span class=\"_ _1\"></span> 52<span class=\"ls0\">.</span>676 <span class=\"ls0\"> </span>-  52<span class=\"ls0\">.</span>676 <span class=\"ls0\"> </span>101<span class=\"ls0\">.</span>018 <span class=\"ls0\"> </span>-  101<span class=\"ls0\">.</span>018 <span class=\"ls0\"> </span>Navigator Pulp F<span class=\"_ _1\"></span>igueira, S.A.<span class=\"_ _1\"></span> 9.<span class=\"ls24\">309 </span> 8.<span class=\"ls24\">175</span>.288  8.<span class=\"ls24\">184</span>.597  13<span class=\"ls0\">.</span>324<span class=\"ls0\"> </span>8.<span class=\"ls24\">885</span>.363  8.<span class=\"ls24\">898</span>.687  Navigator Parques <span class=\"_ _1\"></span>Industriais, S.A<span class=\"_ _1\"></span>. 1.<span class=\"ls24\">810</span>.283  -  1.<span class=\"ls24\">810</span>.283  1.<span class=\"ls24\">869</span>.640  -  1.<span class=\"ls24\">869</span>.640  Navigator Brands,<span class=\"_ _1\"></span> S.A. -  -  -  499<span class=\"ls0\">.</span>805 <span class=\"ls0\"> </span>-  499<span class=\"ls0\">.</span>805 <span class=\"ls0\"> </span>Navigator Tissue A<span class=\"_ _1\"></span>veiro, S.A.<span class=\"_ _1\"></span> 2.<span class=\"ls24\">795</span>.648  8.<span class=\"ls24\">169</span>.096  10<span class=\"ls0\">.</span>964<span class=\"ls0\">.744  </span>2.<span class=\"ls24\">982</span>.150  8.<span class=\"ls24\">708</span>.032  11<span class=\"ls0\">.</span>690<span class=\"ls0\">.182  </span>8.681.<span class=\"ls2b\">744 <span class=\"_ _1\"></span></span> 17<span class=\"ls0\">.</span>900<span class=\"_ _1\"></span><span class=\"ls0\">.449  </span>26<span class=\"ls0\">.</span>582<span class=\"ls0\">.<span class=\"_ _1\"></span>193  </span>10<span class=\"ls0\">.</span>584<span class=\"_ _1\"></span><span class=\"ls0\">.610  </span>19<span class=\"ls0\">.</span>608<span class=\"ls0\">.<span class=\"_ _1\"></span>965  </span>30<span class=\"ls0\">.</span>193<span class=\"_ _1\"></span><span class=\"ls0\">.575  </span>Ao abrigo <span class=\"_ _1\"></span>do Plano de Re<span class=\"_ _1\"></span>cupera\u00e7\u00e3o e Resili\u00eancia<span class=\"_ _1\"></span> Navigator Forest Portu<span class=\"_ _1\"></span>gal, S.A.<span class=\"_ _1\"></span> 36<span class=\"ls0\">.</span>510 <span class=\"ls0\"> </span>-  36<span class=\"ls0\">.</span>510 <span class=\"ls0\"> </span>-  -  -  Viveiros Alian<span class=\"_ _1\"></span>\u00e7a, SA 20<span class=\"ls0\">.</span>800 <span class=\"ls0\"> </span>-  20<span class=\"ls0\">.</span>800 <span class=\"ls0\"> </span>-  -  -  Navigator Pulp A<span class=\"_ _1\"></span>veiro, S.A.<span class=\"_ _1\"></span> 38<span class=\"ls0\">.</span>336<span class=\"ls0\"> </span>-  38<span class=\"ls0\">.</span>336 <span class=\"ls0\"> </span>-  -  -  Navigator Pulp F<span class=\"_ _1\"></span>igueira, S.A.<span class=\"_ _1\"></span> 520<span class=\"ls0\">.</span>678 <span class=\"ls0\"> </span>-  520<span class=\"ls0\">.</span>678 <span class=\"ls0\"> </span>-  -  -  Raiz 122<span class=\"ls0\">.</span>560 <span class=\"ls0\"> </span>-  122<span class=\"ls0\">.</span>560 <span class=\"ls0\"> </span>-  -  -  738<span class=\"ls0\">.884 <span class=\"_ _1\"></span> </span>-  738<span class=\"ls0\">.884 <span class=\"_ _1\"></span> </span>-  -  -  Outros Navigator Pulp Set\u00faba<span class=\"_ _1\"></span>l, S.A.<span class=\"_ _1\"></span> 4.488.046 <span class=\"_ _1\"></span> -  4.488.046 <span class=\"_ _1\"></span> - <span class=\"ff5 fs0 fc2\"> </span>- <span class=\"ff5 fs0 fc2\"> </span>- <span class=\"ff5 fs0 fc2\"> </span>Raiz 2.<span class=\"ls24\">007</span>.338  -  2.<span class=\"ls24\">007</span>.338  1.<span class=\"ls24\">479</span>.841  -  1.<span class=\"ls24\">479</span>.841  Viveiros Alian<span class=\"_ _1\"></span>\u00e7a, SA 98 <span class=\"ls0\"> </span>-  98 <span class=\"ls0\"> </span>21<span class=\"ls0\">.</span>306 <span class=\"ls0\"> </span>-  21<span class=\"ls0\">.</span>306 <span class=\"ls0\"> </span>6.495.<span class=\"ls2b\">482 <span class=\"_ _1\"></span></span> -  6.495.<span class=\"ls2b\">482 <span class=\"_ _1\"></span></span> 1.501.<span class=\"ls2b\">147 <span class=\"_ _1\"></span></span> -  1.501.<span class=\"ls2b\">147 <span class=\"_ _1\"></span></span> 15<span class=\"ls0\">.</span>916<span class=\"ls0\">.<span class=\"_ _1\"></span>110  </span>17<span class=\"ls0\">.</span>900<span class=\"_ _1\"></span><span class=\"ls0\">.449  </span>33<span class=\"ls0\">.</span>816<span class=\"ls0\">.<span class=\"_ _1\"></span>559  </span>12<span class=\"ls0\">.</span>085<span class=\"_ _1\"></span><span class=\"ls0\">.757  </span>19<span class=\"ls0\">.</span>608<span class=\"ls0\">.<span class=\"_ _1\"></span>965  </span>31<span class=\"ls0\">.</span>694<span class=\"_ _1\"></span><span class=\"ls0\">.722  </span>O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> esp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onhe<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r os<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>\u00eddi<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>me <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ue: 31/12/22<span class=\"_ _0\"></span> 31/12/21 Valores em Euros<span class=\"_ _1\"></span> Financeiros<span class=\"_ _0\"></span> Fiscais Total Financeiros<span class=\"_ _0\"></span> Fiscais Total 2022<span class=\"ls0\"> </span>-  -  -  1.<span class=\"ls24\">748</span>.315  1.<span class=\"ls24\">708</span>.516  3.<span class=\"ls24\">456</span>.831  2023<span class=\"ls0\"> </span>1.<span class=\"ls24\">611</span>.734  1.<span class=\"ls24\">666</span>.401  3.<span class=\"ls24\">278</span>.135  1.<span class=\"ls24\">654</span>.211  1.<span class=\"ls24\">666</span>.401  3.<span class=\"ls24\">320</span>.612  2024<span class=\"ls0\"> </span>1.<span class=\"ls24\">570</span>.887  1.<span class=\"ls24\">666</span>.401  3.<span class=\"ls24\">237</span>.288  1.<span class=\"ls24\">608</span>.887  1.<span class=\"ls24\">666</span>.401  3.<span class=\"ls24\">275</span>.288  2025<span class=\"ls0\"> </span>1.<span class=\"ls24\">221</span>.308  1.<span class=\"ls24\">398</span>.687  2.<span class=\"ls24\">619</span>.995  1.<span class=\"ls24\">260</span>.106  1.<span class=\"ls24\">398</span>.687  2.<span class=\"ls24\">658</span>.793  2026<span class=\"ls0\"> </span>1.<span class=\"ls24\">132</span>.412  1.<span class=\"ls24\">390</span>.347  2.<span class=\"ls24\">522</span>.759  1.<span class=\"ls24\">197</span>.809  1.<span class=\"ls24\">390</span>.347  2.<span class=\"ls24\">588</span>.156  2027<span class=\"ls0\"> </span>529<span class=\"ls0\">.</span>506 <span class=\"ls0\"> </span>1.<span class=\"ls24\">390</span>.304  1.<span class=\"ls24\">919</span>.810  529<span class=\"ls0\">.</span>506 <span class=\"ls0\"> </span>1.<span class=\"ls24\">390</span>.304  1.<span class=\"ls24\">919</span>.810  Posteriores a 2027<span class=\"_ _1\"></span> 9.<span class=\"ls24\">850</span>.263  10<span class=\"ls0\">.</span>388<span class=\"ls0\">.309  </span>20<span class=\"ls0\">.</span>238<span class=\"ls0\">.572  </span>4.<span class=\"ls24\">086</span>.923  10<span class=\"ls0\">.</span>388<span class=\"ls0\">.308  </span>14<span class=\"ls0\">.</span>475<span class=\"ls0\">.231  </span>15<span class=\"ls0\">.</span>916<span class=\"ls0\">.<span class=\"_ _1\"></span>110  </span>17<span class=\"ls0\">.</span>900<span class=\"_ _1\"></span><span class=\"ls0\">.449  </span>33<span class=\"ls0\">.</span>816<span class=\"ls0\">.<span class=\"_ _1\"></span>559  </span>12<span class=\"ls0\">.</span>085<span class=\"_ _1\"></span><span class=\"ls0\">.757  </span>19<span class=\"ls0\">.</span>608<span class=\"ls0\">.<span class=\"_ _1\"></span>965  </span>31<span class=\"ls0\">.</span>694<span class=\"_ _1\"></span><span class=\"ls0\">.722  </span>Subs\u00eddios ao inve<span class=\"_ _1\"></span>stimento n\u00e3o reem<span class=\"_ _1\"></span>bols\u00e1veis<span class=\"_ _1\"></span> Ince<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>capac<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>ta n<span class=\"_ _0\"></span>a F<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> Fo<span class=\"_ _0\"></span>z Em <span class=\"_ _0\"></span>27<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>8, f<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>eleb<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span> fisc<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> a sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>ria <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ator<span class=\"_ _3b\"></span> Pulp<span class=\"_ _0\"></span> Fig<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span>, S.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a A<span class=\"_ _0\"></span>ICEP<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ivo <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>ao aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a F<span class=\"_ _0\"></span>oz,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>e u<span class=\"_ _0\"></span>m in<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>o mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>m\u00e1x<span class=\"_ _0\"></span>imo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac<span class=\"_ _0\"></span><span class=\"ff1 ls93\">17<span class=\"ls0\">.<span class=\"ls16\">278</span>.<span class=\"_ _0\"></span>657<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>a 1<span class=\"_ _0\"></span>9,<span class=\"_ _0\"></span>5% <span class=\"_ _0\"></span>do </span></span></span>in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to r<span class=\"_ _0\"></span>eal<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>, m<span class=\"_ _0\"></span>edia<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to, <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> 3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>25, <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> obj<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>os c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>lme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Este<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ubs\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e1 a <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhec<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m 2<span class=\"_ _0\"></span>0 a<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>38, <span class=\"_ _0\"></span>na pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>or\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>ia\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> emb<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>este<span class=\"_ _0\"></span>ja <span class=\"_ _0\"></span>j\u00e1<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>iliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>otal<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>esde<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>18<span class=\"_ _0\"></span>. Ince<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>pans<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>f\u00e1b<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>Cac<span class=\"_ _0\"></span>ia Em <span class=\"_ _0\"></span>18<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>unh<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>014<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> Pu<span class=\"_ _0\"></span>lp <span class=\"_ _0\"></span>Avei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A. <span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> AICE<span class=\"_ _3b\"></span>P <span class=\"ff9\">\u2013</span> Ag\u00ea<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>o In<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>e C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>\u00e9r<span class=\"_ _0\"></span>cio <span class=\"_ _0\"></span>Ex<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tug<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>ois<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de nat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>scal<span class=\"_ _0\"></span>, te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>oio <span class=\"_ _0\"></span>ao<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>move<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>uel<span class=\"_ _0\"></span>a em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esa <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>pans<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>\u00e1bri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> A<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>ro,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> o mo<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 4<span class=\"_ _0\"></span>9,3<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>\u00f5es <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> eur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>.  Os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 9.<span class=\"_ _0\"></span>26<span class=\"_ _0\"></span>4 mi<span class=\"_ _0\"></span>lh\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> eur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntiv<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ols<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _0\"></span>el e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 5<span class=\"_ _0\"></span>.64<span class=\"_ _0\"></span>4 m<span class=\"_ _0\"></span>ilh\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> eu<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>vo f<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>cal.<span class=\"_ _0\"></span> Es<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>st\u00e1<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>talm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> util<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sde<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>16 <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>\u00e1 re<span class=\"_ _0\"></span>gul<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>\u00e9 2<span class=\"_ _0\"></span>03<span class=\"_ _0\"></span>4. <span class=\"_ _0\"></span>O c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>trat<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>pr\u00e9<span class=\"_ _0\"></span>mio<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>j\u00e1<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>hec<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> \u00e0 c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>s\u00e3<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>ree<span class=\"_ _0\"></span>mbo<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span> atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>o, e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cent<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ree<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ols\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a<span class=\"ff9\">t\u00e9<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>mit<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span> 7<span class=\"_ _0\"></span>5%<span class=\"_ _0\"></span> (\u20ac6<span class=\"_ _0\"></span>.9<span class=\"_ _0\"></span>47.4<span class=\"_ _0\"></span><span class=\"ff1\">50<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> med<span class=\"_ _0\"></span>iant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o </span></span>cum<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>obj<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s def<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>\u00e9 3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span><span class=\"ls10\">. <span class=\"ls0\"> </span></span>Ince<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>roj<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o F<span class=\"_ _0\"></span>orn<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a C<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Set\u00fa<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>l No<span class=\"_ _0\"></span> \u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Rot<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Neu<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>arb<span class=\"_ _0\"></span>\u00f3ni<span class=\"_ _0\"></span>ca,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>za <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Uni<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>Eur<span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ia, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>apoi<span class=\"_ _3b\"></span>o ao i<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>esti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o a r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Pul<span class=\"_ _0\"></span>p S<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>\u00faba<span class=\"_ _0\"></span>l n<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o for<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>f\u00e1br<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>asta<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e Set<span class=\"_ _0\"></span>\u00fab<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e to<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>esti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac<span class=\"_ _0\"></span>7.50<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>000<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>O in<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntiv<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>\u00e1xi<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> </span>apr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>\u20ac4<span class=\"_ _0\"></span>.488<span class=\"_ _0\"></span>.04<span class=\"_ _0\"></span>6 e<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>r\u00e1<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>rav\u00e9<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>che<span class=\"_ _0\"></span> \u00fa<span class=\"_ _0\"></span>nic<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ree<span class=\"_ _0\"></span>mbo<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span>, no <span class=\"_ _0\"></span>m\u00e1x<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> ter<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> equ<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o. Pla<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>sil<span class=\"_ _0\"></span>i\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>st\u00e1<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> qua<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>o A<span class=\"_ _0\"></span>gend<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra a<span class=\"_ _0\"></span> Ino<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ial <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>cup<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>sili<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> (PR<span class=\"_ _0\"></span>R)<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>av\u00e9s<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span><span class=\"ff9\">\u20ac<span class=\"ff1\">9<span class=\"_ _0\"></span>1,8 <span class=\"_ _0\"></span>mil<span class=\"_ _0\"></span>h\u00f5<span class=\"_ _0\"></span>es.<span class=\"_ _0\"></span> O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>, at<span class=\"_ _0\"></span>rav<span class=\"_ _0\"></span>\u00e9s<span class=\"_ _0\"></span> </span></span>da <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Pape<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Se<span class=\"_ _0\"></span>t\u00fab<span class=\"_ _0\"></span>al, S<span class=\"_ _0\"></span>.A.<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Age<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> \u201cF<span class=\"_ _0\"></span>rom<span class=\"_ _0\"></span> F<span class=\"_ _0\"></span>oss<span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>Fo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t\u201d <span class=\"_ _0\"></span>(FF<span class=\"_ _0\"></span>2F)<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ual <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> gr<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>p\u00f3s<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>senv<span class=\"_ _0\"></span>olvi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>gam<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>olu<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ala<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> cen<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s </span></span>na <span class=\"_ _0\"></span>mar<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>gK<span class=\"_ _0\"></span>RA<span class=\"_ _0\"></span>FT <span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>\u00e7ad<span class=\"_ _0\"></span>a em<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1 <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> e <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>lul<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>cro<span class=\"_ _0\"></span>fib<span class=\"_ _0\"></span>ril<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>o </span></span>de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>vim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>edad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ec\u00e2<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> e d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>bar<span class=\"_ _0\"></span>rei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>unci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>(a <span class=\"_ _0\"></span>gor<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>a l\u00edq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>dos,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>outr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>) ne<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s. N<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>tot<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo <span class=\"_ _0\"></span>ben<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ar\u00e1<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ce<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac<span class=\"_ _0\"></span><span class=\"ff1\">25<span class=\"_ _0\"></span>,9 mi<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> </span></span>de<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>oio<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esta<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> PR<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span> (C5<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013</span> <span class=\"_ _0\"></span>Cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o e <span class=\"_ _0\"></span>Inov<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sar<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l).<span class=\"_ _0\"></span>  Dur<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpre<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>nom<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>dame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Pap<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> Se<span class=\"_ _0\"></span>tub<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> S.A.<span class=\"_ _0\"></span>, N<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r P<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>p S<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>\u00fabal<span class=\"_ _0\"></span>, S.<span class=\"_ _0\"></span>A.,<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Pap<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>eira<span class=\"_ _0\"></span>, S.<span class=\"_ _0\"></span>A.,<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Pu<span class=\"_ _0\"></span>lp<span class=\"_ _0\"></span> Fig<span class=\"_ _0\"></span>uei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>, S.A.<span class=\"_ _0\"></span>, N<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r P<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>p A<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>, S.<span class=\"_ _0\"></span>A. e<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> T<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>Ave<span class=\"_ _0\"></span>iro,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A., <span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> can<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a ao<span class=\"_ _0\"></span> \u00ab<span class=\"_ _0\"></span>Apo<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>\u00e0 De<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>oniz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Ind\u00fa<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a\u00bb <span class=\"_ _0\"></span>do P<span class=\"_ _0\"></span>RR<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span> Es<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>apo<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>enq<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>ra-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>num<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>mpo<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> 11<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>C11<span class=\"_ _0\"></span>) d<span class=\"_ _0\"></span>o P<span class=\"_ _0\"></span>RR,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntri<span class=\"_ _0\"></span>buir<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>b\u00f3ni<span class=\"_ _0\"></span>ca,<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>move<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rg\u00e9<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ca p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>da e<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ci\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>g\u00e9t<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>o apo<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gias<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>v\u00e1v<span class=\"_ _0\"></span>eis,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>enf<span class=\"_ _0\"></span>oq<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>roc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>tec<span class=\"_ _0\"></span>nol<span class=\"_ _0\"></span>ogi<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> bai<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span> car<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>\u00fas<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>a, n<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>fici<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>rg\u00e9<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>\u00fastr<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>corp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>font<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nov\u00e1<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span> ar<span class=\"_ _0\"></span>maz<span class=\"_ _0\"></span>ena<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gia<span class=\"_ _0\"></span>. M<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te,<span class=\"_ _0\"></span> o m<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> foi<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>uma <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>fas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>can<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ra,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> \u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or Tis<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e R<span class=\"_ _0\"></span>od\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ntou<span class=\"_ _0\"></span>, \u00e0<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>an\u00e7<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nju<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>neu<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>carb<span class=\"_ _0\"></span>\u00f3n<span class=\"_ _0\"></span>ica.<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ra,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> \u00e2m<span class=\"_ _0\"></span>bit<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>esta<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span><span class=\"ff9\">\u20ac<span class=\"ff1\">17<span class=\"_ _0\"></span>6,<span class=\"_ _0\"></span>2 mi<span class=\"_ _0\"></span>lh\u00f5e<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r q<span class=\"_ _0\"></span>ue e<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m </span></span>\u20ac<span class=\"ff1\">6<span class=\"_ _0\"></span>6,8<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ilh<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span><span class=\"ls10\">. <span class=\"ls0\"> </span></span></span>Ain<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span>, as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> sua<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>PRR<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00e0 \u00abR<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>e N<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l de<span class=\"_ _0\"></span> Te<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span> Be<span class=\"_ _0\"></span>d\u00bb<span class=\"_ _0\"></span>, es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>\u00fal<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>isan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ia\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span> nac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>erv<span class=\"_ _0\"></span>i\u00e7o<span class=\"_ _0\"></span>s \u00e0s <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>vim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> e t<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> nov<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s e se<span class=\"_ _0\"></span>rvi<span class=\"_ _0\"></span>\u00e7os<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>A ca<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>atur<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>envo<span class=\"_ _0\"></span>lv<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>inv<span class=\"_ _0\"></span>esti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"ff9\">\u20ac2<span class=\"_ _0\"></span>,2<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>lh\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>e<span class=\"ff1\"> <span class=\"_ _0\"></span>foi <span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>rova<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> </span></span>do<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>IAPME<span class=\"_ _3b\"></span>I dec<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>trib<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>ulp <span class=\"_ _0\"></span>Fi<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac<span class=\"_ _0\"></span>1,4<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ilh<span class=\"_ _0\"></span>\u00f5es.<span class=\"_ _0\"></span><span class=\"ff1\">  </span></span>A p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>PRR<span class=\"_ _0\"></span> s\u00f3<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>ca,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tici<span class=\"_ _0\"></span>pa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> RAIZ<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> 12<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>RR,<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>\u00e0 B<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onom<span class=\"_ _0\"></span>ia,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> tem<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zar<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span> <span class=\"ff9 ls16\">\u20ac1</span>,7<span class=\"_ _0\"></span> mil<span class=\"_ _0\"></span>h\u00f5es<span class=\"_ _0\"></span> <span class=\"ls12\">e </span>at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac<span class=\"_ _0\"></span><span class=\"ff1\">1,4 <span class=\"_ _0\"></span>mil<span class=\"_ _0\"></span>h\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>enti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>eler<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>, em<span class=\"_ _0\"></span> </span></span>par<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>o C<span class=\"_ _0\"></span>ITEVE<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>52<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>otor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>ia\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or acr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>part<span class=\"_ _0\"></span>ir <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>sos<span class=\"_ _0\"></span> bi<span class=\"_ _0\"></span>ol\u00f3<span class=\"_ _0\"></span>gic<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m al<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ativa<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>f\u00f3s<span class=\"_ _0\"></span>sil,<span class=\"_ _0\"></span> mas<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>eix<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ando<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>adr<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uali<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>orte<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>dife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>do.<span class=\"_ _0\"></span>  Subs\u00eddios ao inve<span class=\"_ _1\"></span>stimento reembo<span class=\"_ _1\"></span>ls\u00e1veis <span class=\"_ _1\"></span> Em <span class=\"_ _0\"></span>13<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>7, a<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor <span class=\"_ _0\"></span>Ti<span class=\"_ _0\"></span>ssue<span class=\"_ _0\"></span> Av<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ro,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span>u u<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>AICE<span class=\"_ _0\"></span>P, <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>a f\u00e1<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>e<span class=\"ff1\"> <span class=\"_ _0\"></span>em A<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>. Es<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> </span></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ompr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>ncen<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sob <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>mbol<span class=\"_ _0\"></span>s\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>clui<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ar\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ois<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> m\u00e1x<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e \u20ac4<span class=\"_ _0\"></span>2.1<span class=\"_ _0\"></span>66<span class=\"_ _0\"></span>.<span class=\"ff1\">636<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spon<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>35<span class=\"_ _0\"></span>% s<span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e da<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>leg<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>, as<span class=\"_ _0\"></span> </span>qu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mara<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>120<span class=\"_ _0\"></span>.4<span class=\"_ _0\"></span>76 <span class=\"_ _0\"></span>mil<span class=\"_ _0\"></span>h\u00f5<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>. A <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> sa<span class=\"_ _0\"></span>ldo <span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>s\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>s\u00e1ve<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>conc<span class=\"_ _0\"></span>edid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>asc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>\u20ac2.1<span class=\"_ _0\"></span>08<span class=\"_ _0\"></span>.33<span class=\"_ _0\"></span>2.<span class=\"ff1\"> </span>Foi<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>mes<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>20 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> abr<span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>18<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ui\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>um in<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>o me<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>fini<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> 31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>8, <span class=\"_ _0\"></span>cuj<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> m<span class=\"ff9\">\u00e1<span class=\"_ _0\"></span>ximo<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>\u00e1 de<span class=\"_ _0\"></span> \u20ac<span class=\"_ _0\"></span>11.<span class=\"_ _0\"></span>515<span class=\"_ _0\"></span>.<span class=\"ff1\">87<span class=\"_ _0\"></span>0,<span class=\"_ _0\"></span> </span></span>cor<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>onde<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a 1<span class=\"_ _0\"></span>0% <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>roj<span class=\"_ _0\"></span>eto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>(ve<span class=\"_ _0\"></span>r N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 5.<span class=\"_ _0\"></span>7)<span class=\"_ _0\"></span>. Est<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>t\u00e1 <span class=\"_ _0\"></span>tot<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sd<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>019<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ser\u00e1<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s, e<span class=\"_ _0\"></span>m m\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>dura<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>4 <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>at\u00e9 2<span class=\"_ _0\"></span>04<span class=\"_ _0\"></span>3. N\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>stem<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ondi<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> sat<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>fei<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>tras<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>\u00eanci<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>gad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>apoi<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>name<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>al qu<span class=\"_ _0\"></span>e t<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ham<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>do r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>hec<span class=\"_ _0\"></span>idas,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ator<span class=\"_ _3b\"></span> a cu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>rir<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>cond<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m o p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfGovernmentGrantsExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-91-3": {
   "value": "Subs\u00eddios ao inve<span class=\"_ _1\"></span>stimento n\u00e3o reem<span class=\"_ _1\"></span>bols\u00e1veis<span class=\"_ _1\"></span> Ince<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>capac<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>ta n<span class=\"_ _0\"></span>a F<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> Fo<span class=\"_ _0\"></span>z Em <span class=\"_ _0\"></span>27<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>8, f<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>eleb<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span> fisc<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> a sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>ria <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ator<span class=\"_ _3b\"></span> Pulp<span class=\"_ _0\"></span> Fig<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span>, S.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a A<span class=\"_ _0\"></span>ICEP<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ivo <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>ao aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a F<span class=\"_ _0\"></span>oz,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>e u<span class=\"_ _0\"></span>m in<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>o mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>m\u00e1x<span class=\"_ _0\"></span>imo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac<span class=\"_ _0\"></span><span class=\"ff1 ls93\">17<span class=\"ls0\">.<span class=\"ls16\">278</span>.<span class=\"_ _0\"></span>657<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>a 1<span class=\"_ _0\"></span>9,<span class=\"_ _0\"></span>5% <span class=\"_ _0\"></span>do </span></span></span>in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to r<span class=\"_ _0\"></span>eal<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>, m<span class=\"_ _0\"></span>edia<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to, <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> 3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>25, <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> obj<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>os c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>lme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Este<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ubs\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e1 a <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhec<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m 2<span class=\"_ _0\"></span>0 a<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>38, <span class=\"_ _0\"></span>na pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>or\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>ia\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> emb<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>este<span class=\"_ _0\"></span>ja <span class=\"_ _0\"></span>j\u00e1<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>iliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>otal<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>esde<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>18<span class=\"_ _0\"></span>. Ince<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>pans<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>f\u00e1b<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>Cac<span class=\"_ _0\"></span>ia Em <span class=\"_ _0\"></span>18<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>unh<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>014<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> Pu<span class=\"_ _0\"></span>lp <span class=\"_ _0\"></span>Avei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A. <span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> AICE<span class=\"_ _3b\"></span>P <span class=\"ff9\">\u2013</span> Ag\u00ea<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>o In<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>e C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>\u00e9r<span class=\"_ _0\"></span>cio <span class=\"_ _0\"></span>Ex<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tug<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>ois<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de nat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>scal<span class=\"_ _0\"></span>, te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>oio <span class=\"_ _0\"></span>ao<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>move<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>uel<span class=\"_ _0\"></span>a em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esa <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>pans<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>\u00e1bri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> A<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>ro,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> o mo<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 4<span class=\"_ _0\"></span>9,3<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>\u00f5es <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> eur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>.  Os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 9.<span class=\"_ _0\"></span>26<span class=\"_ _0\"></span>4 mi<span class=\"_ _0\"></span>lh\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> eur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntiv<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ols<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _0\"></span>el e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 5<span class=\"_ _0\"></span>.64<span class=\"_ _0\"></span>4 m<span class=\"_ _0\"></span>ilh\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> eu<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>vo f<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>cal.<span class=\"_ _0\"></span> Es<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>st\u00e1<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>talm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> util<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sde<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>16 <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>\u00e1 re<span class=\"_ _0\"></span>gul<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>\u00e9 2<span class=\"_ _0\"></span>03<span class=\"_ _0\"></span>4. <span class=\"_ _0\"></span>O c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>trat<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>pr\u00e9<span class=\"_ _0\"></span>mio<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>j\u00e1<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>hec<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> \u00e0 c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>s\u00e3<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>ree<span class=\"_ _0\"></span>mbo<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span> atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>o, e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cent<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ree<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ols\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a<span class=\"ff9\">t\u00e9<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>mit<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span> 7<span class=\"_ _0\"></span>5%<span class=\"_ _0\"></span> (\u20ac6<span class=\"_ _0\"></span>.9<span class=\"_ _0\"></span>47.4<span class=\"_ _0\"></span><span class=\"ff1\">50<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> med<span class=\"_ _0\"></span>iant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o </span></span>cum<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>obj<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s def<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>\u00e9 3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span><span class=\"ls10\">. <span class=\"ls0\"> </span></span>Ince<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>roj<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o F<span class=\"_ _0\"></span>orn<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a C<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Set\u00fa<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>l No<span class=\"_ _0\"></span> \u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Rot<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Neu<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>arb<span class=\"_ _0\"></span>\u00f3ni<span class=\"_ _0\"></span>ca,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>za <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Uni<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>Eur<span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ia, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>apoi<span class=\"_ _3b\"></span>o ao i<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>esti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o a r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Pul<span class=\"_ _0\"></span>p S<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>\u00faba<span class=\"_ _0\"></span>l n<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o for<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>f\u00e1br<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>asta<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e Set<span class=\"_ _0\"></span>\u00fab<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e to<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>esti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac<span class=\"_ _0\"></span>7.50<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>000<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>O in<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntiv<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>\u00e1xi<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> </span>apr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>\u20ac4<span class=\"_ _0\"></span>.488<span class=\"_ _0\"></span>.04<span class=\"_ _0\"></span>6 e<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>r\u00e1<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>rav\u00e9<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>che<span class=\"_ _0\"></span> \u00fa<span class=\"_ _0\"></span>nic<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ree<span class=\"_ _0\"></span>mbo<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span>, no <span class=\"_ _0\"></span>m\u00e1x<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> ter<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> equ<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o. Pla<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>sil<span class=\"_ _0\"></span>i\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>st\u00e1<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> qua<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>o A<span class=\"_ _0\"></span>gend<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra a<span class=\"_ _0\"></span> Ino<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ial <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>cup<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>sili<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> (PR<span class=\"_ _0\"></span>R)<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>av\u00e9s<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span><span class=\"ff9\">\u20ac<span class=\"ff1\">9<span class=\"_ _0\"></span>1,8 <span class=\"_ _0\"></span>mil<span class=\"_ _0\"></span>h\u00f5<span class=\"_ _0\"></span>es.<span class=\"_ _0\"></span> O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>, at<span class=\"_ _0\"></span>rav<span class=\"_ _0\"></span>\u00e9s<span class=\"_ _0\"></span> </span></span>da <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Pape<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Se<span class=\"_ _0\"></span>t\u00fab<span class=\"_ _0\"></span>al, S<span class=\"_ _0\"></span>.A.<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Age<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> \u201cF<span class=\"_ _0\"></span>rom<span class=\"_ _0\"></span> F<span class=\"_ _0\"></span>oss<span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>Fo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t\u201d <span class=\"_ _0\"></span>(FF<span class=\"_ _0\"></span>2F)<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ual <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> gr<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>p\u00f3s<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>senv<span class=\"_ _0\"></span>olvi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>gam<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>olu<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ala<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> cen<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s </span></span>na <span class=\"_ _0\"></span>mar<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>gK<span class=\"_ _0\"></span>RA<span class=\"_ _0\"></span>FT <span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>\u00e7ad<span class=\"_ _0\"></span>a em<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1 <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> e <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>lul<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>cro<span class=\"_ _0\"></span>fib<span class=\"_ _0\"></span>ril<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>o </span></span>de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>vim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>edad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ec\u00e2<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> e d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>bar<span class=\"_ _0\"></span>rei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>unci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>(a <span class=\"_ _0\"></span>gor<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>a l\u00edq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>dos,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>outr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>) ne<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s. N<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>tot<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo <span class=\"_ _0\"></span>ben<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ar\u00e1<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ce<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac<span class=\"_ _0\"></span><span class=\"ff1\">25<span class=\"_ _0\"></span>,9 mi<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> </span></span>de<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>oio<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esta<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> PR<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span> (C5<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013</span> <span class=\"_ _0\"></span>Cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o e <span class=\"_ _0\"></span>Inov<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sar<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l).<span class=\"_ _0\"></span>  Dur<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpre<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>nom<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>dame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Pap<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> Se<span class=\"_ _0\"></span>tub<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> S.A.<span class=\"_ _0\"></span>, N<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r P<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>p S<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>\u00fabal<span class=\"_ _0\"></span>, S.<span class=\"_ _0\"></span>A.,<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Pap<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>eira<span class=\"_ _0\"></span>, S.<span class=\"_ _0\"></span>A.,<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Pu<span class=\"_ _0\"></span>lp<span class=\"_ _0\"></span> Fig<span class=\"_ _0\"></span>uei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>, S.A.<span class=\"_ _0\"></span>, N<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r P<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>p A<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>, S.<span class=\"_ _0\"></span>A. e<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> T<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>Ave<span class=\"_ _0\"></span>iro,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A., <span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> can<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a ao<span class=\"_ _0\"></span> \u00ab<span class=\"_ _0\"></span>Apo<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>\u00e0 De<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>oniz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Ind\u00fa<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a\u00bb <span class=\"_ _0\"></span>do P<span class=\"_ _0\"></span>RR<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span> Es<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>apo<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>enq<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>ra-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>num<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>mpo<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> 11<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>C11<span class=\"_ _0\"></span>) d<span class=\"_ _0\"></span>o P<span class=\"_ _0\"></span>RR,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntri<span class=\"_ _0\"></span>buir<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>b\u00f3ni<span class=\"_ _0\"></span>ca,<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>move<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rg\u00e9<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ca p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>da e<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ci\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>g\u00e9t<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>o apo<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gias<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>v\u00e1v<span class=\"_ _0\"></span>eis,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>enf<span class=\"_ _0\"></span>oq<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>roc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>tec<span class=\"_ _0\"></span>nol<span class=\"_ _0\"></span>ogi<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> bai<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span> car<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>\u00fas<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>a, n<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>fici<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>rg\u00e9<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>\u00fastr<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>corp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>font<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nov\u00e1<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span> ar<span class=\"_ _0\"></span>maz<span class=\"_ _0\"></span>ena<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gia<span class=\"_ _0\"></span>. M<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te,<span class=\"_ _0\"></span> o m<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> foi<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>uma <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>fas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>can<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ra,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> \u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or Tis<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e R<span class=\"_ _0\"></span>od\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ntou<span class=\"_ _0\"></span>, \u00e0<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>an\u00e7<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nju<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>neu<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>carb<span class=\"_ _0\"></span>\u00f3n<span class=\"_ _0\"></span>ica.<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ra,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> \u00e2m<span class=\"_ _0\"></span>bit<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>esta<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span><span class=\"ff9\">\u20ac<span class=\"ff1\">17<span class=\"_ _0\"></span>6,<span class=\"_ _0\"></span>2 mi<span class=\"_ _0\"></span>lh\u00f5e<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r q<span class=\"_ _0\"></span>ue e<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m </span></span>\u20ac<span class=\"ff1\">6<span class=\"_ _0\"></span>6,8<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ilh<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span><span class=\"ls10\">. <span class=\"ls0\"> </span></span></span>Ain<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span>, as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> sua<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>PRR<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00e0 \u00abR<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>e N<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l de<span class=\"_ _0\"></span> Te<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span> Be<span class=\"_ _0\"></span>d\u00bb<span class=\"_ _0\"></span>, es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>\u00fal<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>isan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ia\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span> nac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>erv<span class=\"_ _0\"></span>i\u00e7o<span class=\"_ _0\"></span>s \u00e0s <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>vim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> e t<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> nov<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s e se<span class=\"_ _0\"></span>rvi<span class=\"_ _0\"></span>\u00e7os<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>A ca<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>atur<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>envo<span class=\"_ _0\"></span>lv<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>inv<span class=\"_ _0\"></span>esti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"ff9\">\u20ac2<span class=\"_ _0\"></span>,2<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>lh\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>e<span class=\"ff1\"> <span class=\"_ _0\"></span>foi <span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>rova<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> </span></span>do<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>IAPME<span class=\"_ _3b\"></span>I dec<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>trib<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>ulp <span class=\"_ _0\"></span>Fi<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac<span class=\"_ _0\"></span>1,4<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ilh<span class=\"_ _0\"></span>\u00f5es.<span class=\"_ _0\"></span><span class=\"ff1\">  </span></span>A p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>PRR<span class=\"_ _0\"></span> s\u00f3<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>ca,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tici<span class=\"_ _0\"></span>pa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> RAIZ<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> 12<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>RR,<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>\u00e0 B<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onom<span class=\"_ _0\"></span>ia,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> tem<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zar<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span> <span class=\"ff9 ls16\">\u20ac1</span>,7<span class=\"_ _0\"></span> mil<span class=\"_ _0\"></span>h\u00f5es<span class=\"_ _0\"></span> <span class=\"ls12\">e </span>at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac<span class=\"_ _0\"></span><span class=\"ff1\">1,4 <span class=\"_ _0\"></span>mil<span class=\"_ _0\"></span>h\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>enti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>eler<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>, em<span class=\"_ _0\"></span> </span></span>par<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>o C<span class=\"_ _0\"></span>ITEVE<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>52<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>otor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>ia\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or acr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>part<span class=\"_ _0\"></span>ir <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>sos<span class=\"_ _0\"></span> bi<span class=\"_ _0\"></span>ol\u00f3<span class=\"_ _0\"></span>gic<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m al<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ativa<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>f\u00f3s<span class=\"_ _0\"></span>sil,<span class=\"_ _0\"></span> mas<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>eix<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ando<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>adr<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uali<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>orte<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>dife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>do.<span class=\"_ _0\"></span>  Subs\u00eddios ao inve<span class=\"_ _1\"></span>stimento reembo<span class=\"_ _1\"></span>ls\u00e1veis <span class=\"_ _1\"></span> Em <span class=\"_ _0\"></span>13<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>7, a<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor <span class=\"_ _0\"></span>Ti<span class=\"_ _0\"></span>ssue<span class=\"_ _0\"></span> Av<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ro,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span>u u<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>AICE<span class=\"_ _0\"></span>P, <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>a f\u00e1<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>e<span class=\"ff1\"> <span class=\"_ _0\"></span>em A<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>. Es<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> </span></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ompr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>ncen<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sob <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>mbol<span class=\"_ _0\"></span>s\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>clui<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ar\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ois<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> m\u00e1x<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e \u20ac4<span class=\"_ _0\"></span>2.1<span class=\"_ _0\"></span>66<span class=\"_ _0\"></span>.<span class=\"ff1\">636<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spon<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>35<span class=\"_ _0\"></span>% s<span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e da<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>leg<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>, as<span class=\"_ _0\"></span> </span>qu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mara<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>120<span class=\"_ _0\"></span>.4<span class=\"_ _0\"></span>76 <span class=\"_ _0\"></span>mil<span class=\"_ _0\"></span>h\u00f5<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>. A <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> sa<span class=\"_ _0\"></span>ldo <span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>s\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>s\u00e1ve<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>conc<span class=\"_ _0\"></span>edid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>asc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>\u20ac2.1<span class=\"_ _0\"></span>08<span class=\"_ _0\"></span>.33<span class=\"_ _0\"></span>2.<span class=\"ff1\"> </span>Foi<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>mes<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>20 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> abr<span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>18<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ui\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>um in<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>o me<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>fini<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> 31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>8, <span class=\"_ _0\"></span>cuj<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> m<span class=\"ff9\">\u00e1<span class=\"_ _0\"></span>ximo<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>\u00e1 de<span class=\"_ _0\"></span> \u20ac<span class=\"_ _0\"></span>11.<span class=\"_ _0\"></span>515<span class=\"_ _0\"></span>.<span class=\"ff1\">87<span class=\"_ _0\"></span>0,<span class=\"_ _0\"></span> </span></span>cor<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>onde<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a 1<span class=\"_ _0\"></span>0% <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>roj<span class=\"_ _0\"></span>eto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>(ve<span class=\"_ _0\"></span>r N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 5.<span class=\"_ _0\"></span>7)<span class=\"_ _0\"></span>. Est<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>t\u00e1 <span class=\"_ _0\"></span>tot<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sd<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>019<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ser\u00e1<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s, e<span class=\"_ _0\"></span>m m\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>dura<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>4 <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>at\u00e9 2<span class=\"_ _0\"></span>04<span class=\"_ _0\"></span>3. N\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>stem<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ondi<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> sat<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>fei<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>tras<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>\u00eanci<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>gad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>apoi<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>name<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>al qu<span class=\"_ _0\"></span>e t<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ham<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>do r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>hec<span class=\"_ _0\"></span>idas,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ator<span class=\"_ _3b\"></span> a cu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>rir<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>cond<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m o p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInvestmentContractsLiabilitiesExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-94-2": {
   "value": "3.6.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>so </span></span>Movimentos em ativos sob direito d<span class=\"_ _0\"></span>e uso<span class=\"_ _1\"></span> Outros Terrenos Licen\u00e7as de ativos  Valores em Euros<span class=\"_ _1\"></span> florestais Edif\u00edcios Viaturas software de loca\u00e7\u00e3o Total Valor bruto Saldo em 1 de janeir<span class=\"_ _1\"></span>o de 2021<span class=\"_ _1\"></span> 46.847.021 <span class=\"_ _1\"></span> 4.651.039  6.907.139  360.588  5.347.975  64.113.762 <span class=\"_ _1\"></span> Aquisi\u00e7\u00f5es<span class=\"_ _1\"></span> 3.509.715 <span class=\"_ _1\"></span> 4.016  1.663.898 <span class=\"_ _1\"></span> 963.772  1.307.301 <span class=\"_ _1\"></span> 7.448.703 <span class=\"_ _1\"></span> Regulariza\u00e7\u00f5es,<span class=\"_ _1\"></span> transfer\u00eancias e<span class=\"_ _1\"></span> abates<span class=\"_ _1\"></span> (435.469) -  (23.409) -  -  (458.878) Saldo em 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2021 49.921.267 <span class=\"_ _1\"></span> 4.655.055  8.547.629  1.324.360  6.655.276  71.103.587 <span class=\"_ _1\"></span> Aquisi\u00e7\u00f5es<span class=\"_ _1\"></span> 8.908.831 <span class=\"_ _1\"></span> -  3.030.685 <span class=\"_ _1\"></span> 232.253  2.765.111 <span class=\"_ _1\"></span> 14.936.880 <span class=\"_ _1\"></span> Regulariza\u00e7\u00f5es,<span class=\"_ _1\"></span> transfer\u00eancias e<span class=\"_ _1\"></span> abates<span class=\"_ _1\"></span> -  -  (353) -  -  (353) Saldo em 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2022 58.830.098 <span class=\"_ _1\"></span> 4.655.055  11.577.960 <span class=\"_ _1\"></span> 1.556.613  9.420.387  86.040.113 <span class=\"_ _1\"></span> Deprecia\u00e7\u00f5es e<span class=\"_ _1\"></span> perdas por i<span class=\"_ _1\"></span>mparidade -  acumuladas Saldo em 1 de janeir<span class=\"_ _1\"></span>o de 2021<span class=\"_ _1\"></span> (6.180.742)<span class=\"_ _1\"></span> (1.369.284)<span class=\"_ _1\"></span> (3.684.538)<span class=\"_ _1\"></span> (164.312) (887.884) (12.286.761)<span class=\"_ _1\"></span> Deprecia\u00e7\u00f5es<span class=\"_ _1\"></span> (3.066.093) (515.764) (1.798.084) (501.199) (1.835.865) (7.717.005) Regulariza\u00e7\u00f5es,<span class=\"_ _1\"></span> transfer\u00eancias e<span class=\"_ _1\"></span> abates<span class=\"_ _1\"></span> 93.139  -  -  -  -  93.139  Saldo em 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2021 (9.153.696)<span class=\"_ _1\"></span> (1.885.048)<span class=\"_ _1\"></span> (5.482.622)<span class=\"_ _1\"></span> (665.511) (2.723.749)<span class=\"_ _1\"></span> (19.910.627)<span class=\"_ _1\"></span> Deprecia\u00e7\u00f5es<span class=\"_ _1\"></span> (3.668.067) (515.900) (1.799.398) (448.066) (1.763.568) (8.194.999) Regulariza\u00e7\u00f5es,<span class=\"_ _1\"></span> transfer\u00eancias e<span class=\"_ _1\"></span> abates<span class=\"_ _1\"></span> - - 353 <span class=\"ls0\"> </span>- - 353 <span class=\"ls0\"> </span>Saldo em 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2022 (12.821.763)<span class=\"_ _1\"></span> (2.400.948)<span class=\"_ _1\"></span> (7.281.667)<span class=\"_ _1\"></span> (1.113.577)<span class=\"_ _1\"></span> (4.487.317)<span class=\"_ _1\"></span> (28.105.273)<span class=\"_ _1\"></span> Valor l\u00edquido em 1 d<span class=\"_ _1\"></span>e janeiro d<span class=\"_ _1\"></span>e 2021<span class=\"_ _1\"></span> 40.666.279 <span class=\"_ _1\"></span> 3.281.755  3.222.601  196.276  4.460.091  51.827.001 <span class=\"_ _1\"></span> Valor l\u00edquido em 3<span class=\"_ _1\"></span>1 de dez<span class=\"_ _1\"></span>embro de <span class=\"_ _1\"></span><span class=\"ls2b\">2021</span> 40.767.570 <span class=\"_ _1\"></span> 2.770.007  3.065.007  658.849  3.931.527  51.192.959 <span class=\"_ _1\"></span> Valor l\u00edquido em 3<span class=\"_ _1\"></span>1 de dez<span class=\"_ _1\"></span>embro de 2022<span class=\"_ _1\"></span> 46.008.334 <span class=\"_ _1\"></span> 2.254.107  4.296.293  443.036  4.933.070  57.934.840 <span class=\"_ _1\"></span> A r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>Ter<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>pei<span class=\"_ _0\"></span>ta,<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>lme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>irei<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>eno<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a ex<span class=\"_ _0\"></span>plo<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>stal<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ntes,<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ujo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>trat<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> t\u00ea<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>habi<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>lme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> dur<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 24 a<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span>, po<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r c<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>tec<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>dam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>.\u00ba <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>flor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> oc<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> 24.\u00ba<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>o. A r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>Edi<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nde <span class=\"_ _0\"></span>ao<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>leb<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>a T<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r Com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>y,<span class=\"_ _0\"></span> S.A<span class=\"_ _0\"></span>. e<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>os <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> So<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>Ge<span class=\"_ _0\"></span>stor<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Fun<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Inve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> Im<span class=\"_ _0\"></span>obi<span class=\"_ _0\"></span>li\u00e1r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span> </span></span>re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> ed<span class=\"_ _0\"></span>if\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>na A<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>a F<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> Pe<span class=\"_ _0\"></span>rei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Mel<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>Li<span class=\"_ _0\"></span>sbo<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>iza\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo es<span class=\"_ _0\"></span>cri<span class=\"_ _0\"></span>t\u00f3ri<span class=\"_ _0\"></span>o. A r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>outr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>clui<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> alu<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>mpi<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>cele<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esd<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2020<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>uxo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>amo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>tos d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>m \u00e0<span class=\"_ _0\"></span> amo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> \u20ac6.<span class=\"_ _0\"></span>53<span class=\"_ _0\"></span>6.7<span class=\"_ _0\"></span>57<span class=\"_ _0\"></span> e j<span class=\"_ _3b\"></span>uros <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>\u20ac2.<span class=\"_ _0\"></span>300<span class=\"_ _0\"></span>.66<span class=\"_ _0\"></span>5 <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 5.1<span class=\"_ _0\"></span>1)<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>tota<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>e \u20ac8<span class=\"_ _0\"></span>.8<span class=\"ff1\">3<span class=\"_ _0\"></span>7.<span class=\"_ _0\"></span>422<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>onf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>me <span class=\"_ _0\"></span>apre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de Fl<span class=\"_ _0\"></span>ux<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Cai<span class=\"_ _0\"></span>xa.<span class=\"_ _0\"></span> </span>5.8.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Pas<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> </span></span>Passivos de loca\u00e7\u00e3o - Natureza 31/12/22<span class=\"ff3 fs11\"> </span>31/12/21<span class=\"ff3 fs11\"> </span>Valores em Euros<span class=\"_ _1\"></span> N\u00e3o corrent<span class=\"_ _0\"></span>e Corrente Total N\u00e3o corrent<span class=\"_ _0\"></span>e Corrente Total Terrenos florestais<span class=\"_ _1\"></span> 46<span class=\"ls0\">.</span>724<span class=\"ls0\">.663  </span>2.<span class=\"ls24\">666</span>.086  49<span class=\"ls0\">.</span>390<span class=\"ls0\">.749  </span>40<span class=\"ls0\">.</span>983<span class=\"ls0\">.597  </span>2.<span class=\"ls24\">281</span>.533  43<span class=\"ls0\">.</span>265<span class=\"ls0\">.130  </span>Edif\u00edcios 1.<span class=\"ls24\">868</span>.940  513<span class=\"ls0\">.</span>178 <span class=\"ls0\"> </span>2.<span class=\"ls24\">382</span>.118  2.<span class=\"ls24\">382</span>.118  502<span class=\"ls0\">.</span>419 <span class=\"ls0\"> </span>2.<span class=\"ls24\">884</span>.537  Viaturas 3.<span class=\"ls24\">070</span>.109  1.<span class=\"ls24\">540</span>.904  4.<span class=\"ls24\">611</span>.013  2.<span class=\"ls24\">046</span>.436  1.<span class=\"ls24\">370</span>.600  3.<span class=\"ls24\">417</span>.036  Licen\u00e7as de soft<span class=\"_ _1\"></span>ware 94<span class=\"ls0\">.</span>312 <span class=\"ls0\"> </span>155<span class=\"ls0\">.</span>401 <span class=\"ls0\"> </span>249<span class=\"ls0\">.</span>713 <span class=\"ls0\"> </span>175<span class=\"ls0\">.</span>072 <span class=\"ls0\"> </span>292<span class=\"ls0\">.</span>097 <span class=\"ls0\"> </span>467<span class=\"ls0\">.</span>169 <span class=\"ls0\"> </span>Outros passivos de<span class=\"_ _1\"></span> loca\u00e7\u00e3o 3.<span class=\"ls24\">331</span>.059  1.<span class=\"ls24\">676</span>.397  5.<span class=\"ls24\">007</span>.456  1.<span class=\"ls24\">829</span>.870  1.<span class=\"ls24\">377</span>.184  3.<span class=\"ls24\">207</span>.054  55<span class=\"ls0\">.</span>089<span class=\"ls0\">.<span class=\"_ _1\"></span>083  </span>6.551.<span class=\"ls2b\">966 <span class=\"_ _1\"></span></span> 61<span class=\"ls0\">.</span>641<span class=\"ls0\">.<span class=\"_ _1\"></span>049  </span>47<span class=\"ls0\">.</span>417<span class=\"_ _1\"></span><span class=\"ls0\">.092  </span>5.823.<span class=\"ls2b\">833 <span class=\"_ _1\"></span></span> 53<span class=\"ls0\">.</span>240<span class=\"_ _1\"></span><span class=\"ls0\">.925  </span>Passivos de loca\u00e7\u00e3o <span class=\"ffa\">\u2013</span> Movimenta\u00e7\u00e3o Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Saldo a 1 de janeir<span class=\"_ _1\"></span>o 53<span class=\"ls0\">.</span>240<span class=\"ls0\">.<span class=\"_ _1\"></span>925  </span>53<span class=\"ls0\">.</span>080<span class=\"_ _1\"></span><span class=\"ls0\">.919  </span>Amortiza\u00e7\u00e3o de<span class=\"_ _1\"></span> contratos (8<span class=\"ls0\">.<span class=\"ls24\">837</span>.422)<span class=\"_ _1\"></span> </span>(8<span class=\"ls0\">.<span class=\"ls24\">965</span>.290)<span class=\"_ _1\"></span> </span>Novos contratos<span class=\"_ _1\"></span> 15<span class=\"ls0\">.</span>338<span class=\"ls0\">.938  </span>7.<span class=\"ls24\">448</span>.703  Custos com juros<span class=\"_ _1\"></span> 2.<span class=\"ls24\">300</span>.665  2.<span class=\"ls24\">042</span>.333  Outras altera\u00e7\u00f5es<span class=\"_ _1\"></span> (402.057) (365.740) Total de altera<span class=\"_ _1\"></span>\u00e7\u00f5es nos passiv<span class=\"_ _1\"></span>os relacionado<span class=\"_ _1\"></span>s<span class=\"_ _1\"></span> 8.400.<span class=\"ls2b\">124 <span class=\"_ _1\"></span></span> 160<span class=\"ls0\">.006 <span class=\"_ _1\"></span> </span>Saldo a 31 de d<span class=\"_ _1\"></span>ezembro 61<span class=\"ls0\">.</span>641<span class=\"ls0\">.<span class=\"_ _1\"></span>049  </span>53<span class=\"ls0\">.</span>240<span class=\"_ _1\"></span><span class=\"ls0\">.925  </span>Passivos de loca\u00e7\u00e3o <span class=\"ffa\">\u2013</span> Responsabilidades futuras 31/12/22<span class=\"ff3 fs11\"> </span>31/12/21<span class=\"ff3 fs11\"> </span>Rendas Juro sobre Valor atual da<span class=\"_ _0\"></span>s Rendas Juro sobre Valor atual da<span class=\"_ _0\"></span>s Valores em Euros<span class=\"_ _1\"></span> vincendas o passivo responsabilid<span class=\"_ _0\"></span>ades vincendas o passivo responsabilid<span class=\"_ _0\"></span>ades A menos de 1 an<span class=\"_ _1\"></span>o 4.<span class=\"ls24\">435</span>.662  2.116 304  6.<span class=\"ls24\">551</span>.966  3.<span class=\"ls24\">971</span>.610  1.<span class=\"ls24\">852</span>.223  5.<span class=\"ls24\">823</span>.833  1 a 2 anos 3.<span class=\"ls24\">891</span>.713  1.<span class=\"ls24\">952</span>.737  5.<span class=\"ls24\">844</span>.450  3.<span class=\"ls24\">368</span>.272  1.<span class=\"ls24\">708</span>.916  5.<span class=\"ls24\">077</span>.188  2 a 3 anos 3.<span class=\"ls24\">041</span>.072  1.<span class=\"ls24\">797</span>.386  4.<span class=\"ls24\">838</span>.458  2.<span class=\"ls24\">867</span>.678  1.<span class=\"ls24\">575</span>.482  4.<span class=\"ls24\">443</span>.160  3 a 4 anos 2.<span class=\"ls24\">809</span>.096  1.<span class=\"ls24\">653</span>.338  4.<span class=\"ls24\">462</span>.434  1.<span class=\"ls24\">999</span>.426  1.<span class=\"ls24\">450</span>.866  3.<span class=\"ls24\">450</span>.292  4 a 5 anos 2.<span class=\"ls24\">165</span>.139  1.<span class=\"ls24\">516</span>.362  3.<span class=\"ls24\">681</span>.501  1.<span class=\"ls24\">748</span>.655  1.<span class=\"ls24\">337</span>.957  3.<span class=\"ls24\">086</span>.612  Mais de 5 anos<span class=\"_ _1\"></span> 25<span class=\"ls0\">.</span>989<span class=\"ls0\">.077  </span>10<span class=\"ls0\">.</span>273<span class=\"ls0\">.163  </span>36<span class=\"ls0\">.</span>262<span class=\"ls0\">.240  </span>22<span class=\"ls0\">.</span>150<span class=\"ls0\">.369  </span>9.<span class=\"ls24\">209</span>.471  31<span class=\"ls0\">.</span>359<span class=\"ls0\">.840  </span>Valor atual das 42<span class=\"ls0\">.</span>331<span class=\"_ _1\"></span><span class=\"ls0\">.759  </span>19<span class=\"ls0\">.</span>309<span class=\"ls0\">.<span class=\"_ _1\"></span>290  </span>61<span class=\"ls0\">.</span>641<span class=\"ls0\">.<span class=\"_ _1\"></span>049  </span>36<span class=\"ls0\">.</span>106<span class=\"ls0\">.<span class=\"_ _1\"></span>010  </span>17<span class=\"ls0\">.</span>134<span class=\"ls0\">.<span class=\"_ _1\"></span>915  </span>53<span class=\"ls0\">.</span>240<span class=\"_ _1\"></span><span class=\"ls0\">.925  </span>responsabilidad<span class=\"_ _1\"></span>es No<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>c\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>31 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2021<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>dec<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ciam<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>incl<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>xos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>aixa<span class=\"_ _0\"></span> e/<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o. A <span class=\"_ _0\"></span>an\u00e1l<span class=\"_ _3b\"></span>ise d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> loc<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e9 a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 8<span class=\"_ _0\"></span>.1.<span class=\"_ _0\"></span>3 <span class=\"_ _0\"></span><span class=\"ff15\">\u2013<span class=\"ff7\"> R<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co d<span class=\"_ _0\"></span>e </span></span>liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfLeasesExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-96-3": {
   "value": "Pol\u00edticas Contabil\u00edsticas Na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>gor <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o, <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>hece<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>sob<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>rei<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> uso<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> ini<span class=\"_ _0\"></span>cial <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ivo <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> loc<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>aju<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>: i)<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s; <span class=\"_ _0\"></span>ii)<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00e0 l<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>a\u00e7\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>bido<span class=\"_ _0\"></span>s;<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> iii)<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>dire<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span>  Ao <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>b <span class=\"_ _0\"></span>dire<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>uso,<span class=\"_ _0\"></span> pod<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00e1 <span class=\"_ _0\"></span>acre<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>emo<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>/ou <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>aura<span class=\"_ _0\"></span>r o<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>ja<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>e/<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> o l<span class=\"_ _0\"></span>ocal<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>nde <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> exi<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span> O a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>b di<span class=\"_ _0\"></span>rei<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> us<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>\u00e9t<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>near<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>a dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> at\u00e9 <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>inal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>\u00fat<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span>. Adi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>alme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>ob d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>uso <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xist<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>em,<span class=\"_ _0\"></span> e aju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or e<span class=\"_ _3b\"></span>vent<span class=\"_ _0\"></span>uais<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>ca\u00e7\u00e3<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span>A v<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a \u00fa<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>da cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>b di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> ig<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> \u00e0<span class=\"_ _0\"></span> vid<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>\u00fatil<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fix<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>ng\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s (N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>.3)<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span> cl<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>se q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>te o<span class=\"_ _0\"></span>p\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> esp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>rc\u00ea<span class=\"_ _0\"></span>-la. Loca<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s de <span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>ta du<span class=\"_ _0\"></span>ra\u00e7\u00e3<span class=\"_ _0\"></span>o e <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ca\u00e7\u00f5es<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de va<span class=\"_ _0\"></span>lor r<span class=\"_ _0\"></span>edu<span class=\"_ _0\"></span>zid<span class=\"_ _0\"></span>o<span class=\"ff1 fsa fc6\"> </span>O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ce o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de l<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s ig<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> inf<span class=\"_ _0\"></span>erio<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>a 12<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s <span class=\"ff9\">de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>cuj<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aqui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>div<span class=\"_ _0\"></span>idu<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>seja<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nfer<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> \u20ac5<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0 d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>etam<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o </span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>erc\u00ed<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>o (<span class=\"_ _0\"></span>Not<span class=\"_ _0\"></span>a 2<span class=\"_ _0\"></span>.3)<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> lin<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>r. Pol\u00edticas Contabil\u00edsticas Na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>in\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nclu<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>gam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>duz<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>vari<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> esp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>am pag<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>t\u00ed<span class=\"_ _0\"></span>tulo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esi<span class=\"_ _0\"></span>dual<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>uem<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> o p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>c\u00edci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>p\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o ra<span class=\"_ _0\"></span>zo<span class=\"_ _0\"></span>avel<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>idas<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u pa<span class=\"_ _0\"></span>gam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>enal<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cis<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a l<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>r a op<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>ir o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>o. No<span class=\"_ _0\"></span> c\u00e1<span class=\"_ _0\"></span>lcu<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> jur<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> jur<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>ta n<span class=\"_ _0\"></span>a l<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>r f<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>lme<span class=\"_ _0\"></span>nte de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>n\u00e1v<span class=\"_ _0\"></span>el. Sub<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r do<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> loc<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e9 i<span class=\"_ _0\"></span>ncre<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> jur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 5.1<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> <span class=\"_ _0\"></span>Ren<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e g<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>) e<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>u\u00ed<span class=\"_ _0\"></span>do p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>loca<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>). </span></span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForLeasesExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-97-4": {
   "value": "3.7.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Depr<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>amo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es </span></span>e p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Deprecia\u00e7\u00f5es de at<span class=\"_ _1\"></span>ivos f<span class=\"_ _1\"></span>ixos tang\u00edveis do per<span class=\"_ _1\"></span>\u00edodo (Nota 3.3)<span class=\"_ _1\"></span> 156.458.558 <span class=\"_ _1\"></span> 118.371.406 <span class=\"_ _1\"></span> Utiliza\u00e7\u00e3o de subs<span class=\"_ _1\"></span>\u00eddios ao inve<span class=\"_ _1\"></span>stimento (Nota 3.5<span class=\"_ _1\"></span>)<span class=\"_ _1\"></span> (3.398.204) (4.102.577) Deprecia\u00e7\u00f5es d<span class=\"_ _1\"></span>e ativos fixos ta<span class=\"_ _1\"></span>ng\u00edveis, l\u00edquid<span class=\"_ _1\"></span>os de subs\u00eddios <span class=\"_ _1\"></span>utilizados<span class=\"_ _45\"></span> 153.060.354 <span class=\"_ _1\"></span> 114.268.829 <span class=\"_ _1\"></span> Amortiza\u00e7\u00f5es em a<span class=\"_ _1\"></span>tivos intang<span class=\"_ _1\"></span>\u00edveis do p<span class=\"_ _1\"></span>er\u00edodo (Nota 3.2)<span class=\"_ _1\"></span> 20.579  11.864  Deprecia\u00e7\u00f5es d<span class=\"_ _1\"></span>e ativos de dire<span class=\"_ _1\"></span>ito de uso do per\u00ed<span class=\"_ _1\"></span>odo (Nota 3.6<span class=\"_ _1\"></span>)<span class=\"_ _1\"></span> 8.194.999  7.717.005  Imparidades em pr<span class=\"_ _1\"></span>opriedades de<span class=\"_ _1\"></span> investimento<span class=\"_ _1\"></span> (Nota 3.4)<span class=\"_ _1\"></span> 1.646  1.646  161.277.579 <span class=\"_ _1\"></span> 121.999.345 <span class=\"_ _1\"></span> O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>ma r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> t\u00e9<span class=\"_ _0\"></span>cni<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>aval<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>is,<span class=\"_ _0\"></span> bem<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s ao<span class=\"_ _0\"></span> n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>\u00fatei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span> Dur<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lici<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>seus<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> ent<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> a v<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a \u00fa<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> a ob<span class=\"_ _0\"></span>sole<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia <span class=\"_ _0\"></span>fun<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>O e<span class=\"_ _0\"></span>stud<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>uado<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>\u00e9c<span class=\"_ _0\"></span>nica<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ivos<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s ce<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, on<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>urab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>t\u00e9c<span class=\"_ _0\"></span>nica<span class=\"_ _0\"></span>, f<span class=\"_ _0\"></span>\u00eds<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>tec<span class=\"_ _0\"></span>nol<span class=\"_ _0\"></span>\u00f3gi<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s eq<span class=\"_ _0\"></span>uip<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os.<span class=\"_ _0\"></span>  Ten<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or b<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>os, <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>como<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>inte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>23-<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>27 <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>sos<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>sum<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>os no <span class=\"_ _0\"></span>\u00e2mb<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o P<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>car<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>niz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>roj<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to a<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>Plan<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>cup<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>sili<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> (PR<span class=\"_ _0\"></span>R)<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>nos t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>s da<span class=\"_ _0\"></span> IAS <span class=\"_ _0\"></span>8,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>a \u00fa<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>pec<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ced<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> \u00e0 r<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a \u00fati<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>er\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a 1<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> jan<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22, <span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>u u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>aume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e \u20ac3<span class=\"_ _0\"></span>6,8<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ilh<span class=\"_ _0\"></span>\u00f5es <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> exe<span class=\"_ _0\"></span>rc\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>m\u00e9d<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>de, apr<span class=\"_ _0\"></span>ox<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte,<span class=\"_ _0\"></span> 7<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a \u00fa<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>era\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span><span class=\"ls29\">na<span class=\"ls0\">s d<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o ex<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>c\u00edc<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> </span></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> exe<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>enta<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: 2027 e Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2023<span class=\"ls0\"> </span>2024<span class=\"ls0\"> </span>2025<span class=\"ls0\"> </span>2026<span class=\"ls0\"> </span>seguintes Aumento / (redu\u00e7\u00e3o<span class=\"_ _1\"></span>) nas (36.814.312) (6.310.865) (4.041.086) (2.453.235)<span class=\"_ _1\"></span> 1.911.861 <span class=\"_ _1\"></span> 47.707.636 <span class=\"_ _1\"></span> deprecia\u00e7\u00f5es e amort<span class=\"_ _1\"></span>iza\u00e7\u00f5es<span class=\"_ _1\"></span> ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDepreciationAndAmortisationExpenseExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-98-2": {
   "value": "3.8.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>l\u00f3<span class=\"_ _0\"></span>gico<span class=\"_ _0\"></span>s </span></span>Movimentos em ativos biol\u00f3gicos Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Saldo inicial<span class=\"_ _1\"></span> 147.324.061 <span class=\"_ _1\"></span> 148.584.451 <span class=\"_ _1\"></span> Cortes efetuados <span class=\"_ _1\"></span> (19.268.187) (25.277.834)<span class=\"_ _1\"></span> Crescimento<span class=\"_ _1\"></span> 22.077.444 <span class=\"_ _1\"></span> 19.653.667 <span class=\"_ _1\"></span> Novas planta\u00e7\u00f5es e<span class=\"_ _1\"></span> replanta\u00e7\u00f5es (ao cu<span class=\"_ _1\"></span>sto)<span class=\"_ _1\"></span> 4.241.964 <span class=\"_ _1\"></span> 3.313.648 <span class=\"_ _1\"></span> Outras varia\u00e7\u00f5es<span class=\"_ _1\"></span> de justo valor<span class=\"_ _1\"></span> - Altera\u00e7\u00e3o do <span class=\"_ _1\"></span>pre\u00e7o da madeira<span class=\"_ _1\"></span> 23.872.905 <span class=\"_ _1\"></span> -  - Altera\u00e7\u00e3o da taxa<span class=\"_ _1\"></span> de custo de ca<span class=\"_ _1\"></span>pital (28.053.077) 1.212.800 <span class=\"_ _1\"></span> - Impacto dos <span class=\"_ _1\"></span>inc\u00eandios (31.633) (68.794) - Varia\u00e7\u00e3o nas outra<span class=\"_ _1\"></span>s esp\u00e9cies<span class=\"_ _1\"></span> (4.938.867) -  - Custos de log<span class=\"_ _1\"></span>\u00edstica de transp<span class=\"_ _1\"></span>orte (2.076.774) (2.417.700) - Custos fixos de estrutu<span class=\"_ _1\"></span>ra (9.396.335) -  - Outras altera\u00e7\u00f5es<span class=\"_ _1\"></span> de expectati<span class=\"_ _1\"></span>va (11.251.626) 2.323.823 <span class=\"_ _1\"></span> Total de va<span class=\"_ _1\"></span>ria\u00e7\u00f5es (24.824.186)<span class=\"_ _1\"></span> (1.260.390)<span class=\"_ _1\"></span> Saldo final 122.499.875 <span class=\"_ _1\"></span> 147.324.061 <span class=\"_ _1\"></span> Re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>\u00e0 f<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>de M<span class=\"_ _0\"></span>o\u00e7a<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>ue,<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>i ini<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>lhe<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>adei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as pl<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>cel<span class=\"_ _0\"></span> Mo<span class=\"_ _0\"></span>\u00e7amb<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Ma<span class=\"_ _0\"></span>nic<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xpo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>da B<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>miti<span class=\"_ _0\"></span>r\u00e1,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> obj<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Mo\u00e7a<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>que <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>pa <span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>ind\u00fa<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>stal<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span>o l<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>go <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2, <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> col<span class=\"_ _0\"></span>hid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>0 m3<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>made<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sido<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>\u00eas<span class=\"_ _0\"></span> emb<span class=\"_ _0\"></span>arq<span class=\"_ _0\"></span>ues<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a P<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tug<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>100<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0 <span class=\"_ _0\"></span>m3. O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ord<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>IAS 4<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>mad<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>aque<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> ten<span class=\"_ _0\"></span>ham<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>cifi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>ss\u00e1<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>para<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>\u00e1xim<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ndim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>n\u00e7\u00e3<span class=\"_ _0\"></span>o da <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>, da<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sidad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e fo<span class=\"_ _0\"></span>rne<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>. Ti<span class=\"_ _0\"></span>pic<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m P<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>uga<span class=\"_ _0\"></span>l a<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span> a s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>uri<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> 8 e<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>2 a<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>send<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a es<span class=\"_ _0\"></span>p\u00e9<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>, b<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s ed<span class=\"_ _0\"></span>afo<span class=\"_ _0\"></span>cli<span class=\"_ _0\"></span>m\u00e1t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span> Os<span class=\"_ _0\"></span> dad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> flo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ta,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>u p<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>enci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>\u00e3o a<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> dua<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>lon<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eu c<span class=\"_ _0\"></span>icl<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>sci<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> A <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>zem<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2022<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>avam<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>48<span class=\"_ _0\"></span>% (<span class=\"_ _0\"></span>48%<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 31<span class=\"_ _0\"></span>/1<span class=\"_ _0\"></span>2/<span class=\"_ _0\"></span>2021<span class=\"_ _0\"></span>) d<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r em<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>it\u00f3r<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>nac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>esmo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>oriz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ao j<span class=\"_ _3b\"></span>usto <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>. O d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>he d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os b<span class=\"_ _0\"></span>iol<span class=\"_ _0\"></span>\u00f3gi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span><span class=\"ls93\">31<span class=\"ls0\"> <span class=\"lsd\">de </span>d<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 <span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>021 <span class=\"_ _0\"></span><span class=\"ls12\">\u00e9 </span></span></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>p\u00e9ci<span class=\"_ _0\"></span>e: Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Eucalipto (Portuga<span class=\"_ _1\"></span>l) 93.301.990 <span class=\"_ _1\"></span> 113.826.448 <span class=\"_ _1\"></span> Eucalipto (Espanh<span class=\"_ _1\"></span>a) 2.932.530 <span class=\"_ _1\"></span> -  Pinho (Portugal<span class=\"_ _1\"></span>) 8.149.506 <span class=\"_ _1\"></span> 6.697.561 <span class=\"_ _1\"></span> Sobreiro (Portuga<span class=\"_ _1\"></span>l) 819.980  6.268.821 <span class=\"_ _1\"></span> Outras esp\u00e9cies (<span class=\"_ _1\"></span>Portugal)<span class=\"_ _1\"></span> 73.108  1.015.078 <span class=\"_ _1\"></span> Eucalipto (Mo\u00e7a<span class=\"_ _1\"></span>mbique)<span class=\"_ _1\"></span> 17.222.761 <span class=\"_ _1\"></span> 19.516.153 <span class=\"_ _1\"></span> 122.499.875 <span class=\"_ _1\"></span> 147.324.061 <span class=\"_ _1\"></span> O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> ini<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>b\u00e9m<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>exp<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ilv<span class=\"_ _0\"></span>\u00edc<span class=\"_ _0\"></span>ola <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Esp<span class=\"_ _0\"></span>anh<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>opr<span class=\"_ _0\"></span>iame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>na r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da Gal<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>ro. A d<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ui\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or d<span class=\"_ _0\"></span>o S<span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ro e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>sp\u00e9<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>nor<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>v\u00e2n<span class=\"_ _0\"></span>cia)<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>, es<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>lme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>os a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>te,<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ega <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ansp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>te. Est<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>pur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>fun\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>xt<span class=\"_ _0\"></span>ra\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00f5e<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> cor<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>onde<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>\u00e0s <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>cta<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>utur<span class=\"_ _0\"></span>a: Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21  Eucalipto (Portuga<span class=\"_ _1\"></span>l) - Potenc<span class=\"_ _1\"></span>ial Futuro de e<span class=\"_ _1\"></span>xtra\u00e7\u00f5es de madeira<span class=\"_ _1\"></span> k m3ssc <span class=\"_ _1\"></span> 10.371  10.207   Eucalipto (Espanha<span class=\"_ _1\"></span>) - Poten<span class=\"_ _1\"></span>cial Futuro de e<span class=\"_ _1\"></span>xtra\u00e7\u00f5es de made<span class=\"_ _1\"></span>ira k m3ssc <span class=\"_ _1\"></span> 207 <span class=\"ls0\"> </span>-   Resinosas (Portuga<span class=\"_ _1\"></span>l) - Potenc<span class=\"_ _1\"></span>ial Futuro de e<span class=\"_ _1\"></span>xtra\u00e7\u00f5es de made<span class=\"_ _1\"></span>ira k ton <span class=\"_ _1\"></span> 309 <span class=\"ls0\"> </span>311 <span class=\"ls0\"> </span> Resinosas (Portuga<span class=\"_ _1\"></span>l) - Potenc<span class=\"_ _1\"></span>ial Futuro de e<span class=\"_ _1\"></span>xtra\u00e7\u00f5es de pinhas<span class=\"_ _1\"></span> k ton <span class=\"_ _1\"></span> n/a n/a  Sobreiro (Portuga<span class=\"_ _1\"></span>l) - Poten<span class=\"_ _1\"></span>cial Futuro de e<span class=\"_ _1\"></span>xtra\u00e7\u00f5es de cort<span class=\"_ _1\"></span>i\u00e7a k @ <span class=\"_ _1\"></span> 563 <span class=\"ls0\"> </span>461 <span class=\"ls0\"> </span> Eucalipto (Mo\u00e7am<span class=\"_ _1\"></span>bique) -<span class=\"_ _1\"></span> Potencial Futuro de <span class=\"_ _1\"></span>extra\u00e7\u00f5es<span class=\"_ _1\"></span> de madeira k m3ss<span class=\"_ _1\"></span>c 4.451  2.758  No<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>diz<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spei<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ucal<span class=\"_ _0\"></span>ipt<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo b<span class=\"_ _0\"></span>iol<span class=\"_ _0\"></span>\u00f3gi<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xpr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tra\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>oram<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xtr<span class=\"_ _0\"></span>a\u00edd<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> 512.<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>2 m<span class=\"_ _0\"></span>3s<span class=\"_ _0\"></span>sc <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>mad<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> mat<span class=\"_ _0\"></span>as de<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>exp<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> (3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span><span class=\"ls93\">21<span class=\"lsd\">: <span class=\"ls0\">65<span class=\"_ _0\"></span>1.65<span class=\"_ _0\"></span>4 <span class=\"_ _0\"></span>m3<span class=\"_ _0\"></span>ssc)<span class=\"_ _0\"></span>. </span></span></span>Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>0<span class=\"ls16\">21</span>, (<span class=\"_ _0\"></span>i) <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xist<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>biol<span class=\"_ _0\"></span>\u00f3gi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>uja <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>ja <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>e/<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> pen<span class=\"_ _0\"></span>hor<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o g<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>ia d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, ne<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ssos<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>reve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>is re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00e0 aq<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>ol\u00f3g<span class=\"_ _0\"></span>ico<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> e (<span class=\"_ _0\"></span>ii)<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>\u00eddi<span class=\"_ _0\"></span>os g<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>ern<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>laci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>iol\u00f3<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhec<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>mons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o. Estimativas e julgamentos Pr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os For<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pond<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>z<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>alia<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, nom<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>dam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te: \uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">Pro<span class=\"_ _0\"></span>dut<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> flo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span>; </span></span>\uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">Pre<span class=\"_ _0\"></span>\u00e7o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a da<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>(qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo)<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>uzid<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>te, </span></span>das<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>err<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> ar<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ssio<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>heg<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nute<span class=\"_ _0\"></span>n\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e ao<span class=\"_ _0\"></span> ar<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>; o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nd\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> agr<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>ou-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>5% <span class=\"_ _0\"></span>fac<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1. \uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">Taxa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: 5<span class=\"_ _0\"></span>,17%<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1:<span class=\"_ _0\"></span> 2,9<span class=\"_ _0\"></span>9%<span class=\"_ _0\"></span>).<span class=\"_ _0\"></span> Not<span class=\"_ _0\"></span>e-s<span class=\"_ _0\"></span>e q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>orp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco </span></span>de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nc\u00ean<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>h fl<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>del<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> Cas<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>foss<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>orp<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> na <span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>esm<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e 7<span class=\"_ _0\"></span>% <span class=\"_ _0\"></span>(2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span>: 4<span class=\"_ _0\"></span>,61<span class=\"_ _0\"></span>%) An\u00e1<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span> O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>tiliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m P<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tugal<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>e\u00e7o<span class=\"_ _0\"></span> <span class=\"ff7\">fo<span class=\"_ _0\"></span>rw<span class=\"_ _0\"></span>ard<span class=\"ff1\"> <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span>ra </span></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>var<span class=\"_ _0\"></span>i\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span>. Alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>post<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pod<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>plic<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>iza\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s/d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>oriz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos:<span class=\"_ _0\"></span> Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 1) Agravamen<span class=\"_ _1\"></span>to em 0,5% da ta<span class=\"_ _1\"></span>xa de desconto em Por<span class=\"_ _1\"></span>tugal<span class=\"_ _1\"></span> 5.<span class=\"ls24\">422</span>.029  7.<span class=\"ls24\">896</span>.515  Desvaloriza\u00e7\u00e3o d<span class=\"_ _1\"></span>o ativo floresta<span class=\"_ _1\"></span>l de Portugal<span class=\"_ _1\"></span> 2) Diminui\u00e7\u00e3o d<span class=\"_ _1\"></span>e 3% no pre\u00e7o <span class=\"_ _1\"></span><span class=\"ff8\">forw<span class=\"_ _1\"></span>ard</span> 10<span class=\"ls0\">.</span>848<span class=\"ls0\">.174  </span>11<span class=\"ls0\">.</span>731<span class=\"ls0\">.495  </span>Desvaloriza\u00e7\u00e3o d<span class=\"_ _1\"></span>o ativo flore<span class=\"_ _1\"></span>stal de Portuga<span class=\"_ _1\"></span>l 3) Agravamen<span class=\"_ _1\"></span>to em 0,5% da ta<span class=\"_ _1\"></span>xa de desconto em <span class=\"_ _1\"></span>Mo\u00e7ambique<span class=\"_ _1\"></span> 503<span class=\"ls0\">.</span>338 <span class=\"ls0\"> </span>273<span class=\"ls0\">.</span>043 <span class=\"ls0\"> </span>Desvaloriza\u00e7\u00e3o d<span class=\"_ _1\"></span>o ativo floresta<span class=\"_ _1\"></span>l de Mo\u00e7ambique<span class=\"_ _1\"></span> 4) Diminui\u00e7\u00e3o d<span class=\"_ _1\"></span>e 3% no pre\u00e7o <span class=\"_ _1\"></span><span class=\"ff8\">forw<span class=\"_ _1\"></span>ard</span> 761<span class=\"ls0\">.</span>695 <span class=\"ls0\"> </span>718<span class=\"ls0\">.</span>666 <span class=\"ls0\"> </span>Desvaloriza\u00e7\u00e3o d<span class=\"_ _1\"></span>o ativo floresta<span class=\"_ _1\"></span>l de Mo\u00e7ambique<span class=\"_ _1\"></span> 4.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>ebe<span class=\"_ _0\"></span>r </span></span>31/12/22 31/12/21 N\u00e3o N\u00e3o Valores em Euros<span class=\"_ _1\"></span> Corrente Corrente Total Corrente Corrente Total Clientes -341.601.458341.601.458 -210.789.083210.789.083 Estado -59.852.61859.852.618 -44.603.38444.603.384 Incentivos finance<span class=\"_ _1\"></span>iros a receber<span class=\"_ _1\"></span> 13.219.416 13.239.88526.459.301 - - - Department of Co<span class=\"_ _1\"></span>mmerce (EUA)<span class=\"_ _1\"></span> - - - - 281.653 281.653 Enviva Pellets Gree<span class=\"_ _1\"></span>nwood, LLC (E<span class=\"_ _1\"></span>UA)<span class=\"_ _1\"></span> -8.168.4268.168.426 7.826.849 25.384.072 33.210.921 Acr\u00e9scimos de rend<span class=\"_ _1\"></span>imento -2.970.3812.970.381 -19.028.57719.028.577 Gastos diferidos<span class=\"_ _1\"></span> -11.321.49311.321.493 -8.463.0898.463.089 Instrumentos finance<span class=\"_ _1\"></span>iros derivado<span class=\"_ _1\"></span>s (Nota 8.2)<span class=\"_ _1\"></span> -48.514.44348.514.443 -1.630.9821.630.982 Outros 12.063.442 13.474.70425.538.147 777.698 7.701.9208.479.618 25<span class=\"ls0\">.</span>282<span class=\"ls0\">.<span class=\"_ _1\"></span>858 </span>499<span class=\"ls0\">.143.4<span class=\"_ _1\"></span>08 </span>524<span class=\"ls0\">.426.2<span class=\"_ _1\"></span>67 </span>8.604.<span class=\"ls2b\">547 </span>317<span class=\"ls0\">.882.7<span class=\"_ _1\"></span>60 </span>326<span class=\"ls0\">.487.3<span class=\"_ _1\"></span>08 </span>5.9.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Caix<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>len<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>xa </span></span>Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Numer\u00e1rio 32<span class=\"ls0\">.</span>356 <span class=\"ls0\"> </span>35<span class=\"ls0\">.</span>334 <span class=\"ls0\"> </span>Dep\u00f3sitos banc\u00e1r<span class=\"_ _1\"></span>ios imediata<span class=\"_ _1\"></span>mente mobiliz\u00e1ve<span class=\"_ _1\"></span>is 191<span class=\"ls0\">.</span>824<span class=\"ls0\">.254  </span>220<span class=\"ls0\">.</span>585<span class=\"ls0\">.472  </span>Outras aplica\u00e7\u00f5es<span class=\"_ _1\"></span> de tesouraria    <span class=\"_ _1\"></span>                                  <span class=\"_ _1\"></span>           <span class=\"_ _1\"></span> 151<span class=\"ls0\">.</span>227<span class=\"ls0\">.178  </span>18<span class=\"ls0\">.</span>550<span class=\"ls0\">.446  </span>343<span class=\"ls0\">.083.7<span class=\"_ _1\"></span>88  </span>239<span class=\"ls0\">.171.2<span class=\"_ _1\"></span>52  </span>Em <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>rub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Out<span class=\"_ _0\"></span>ras <span class=\"_ _0\"></span>apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _3b\"></span>s de <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>sour<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ia i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lui<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac1<span class=\"_ _0\"></span>51<span class=\"_ _0\"></span>.227<span class=\"_ _0\"></span><span class=\"ff1\">.1<span class=\"_ _0\"></span>78 <span class=\"_ _0\"></span>(31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>zemb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> </span></span>2021<span class=\"lsd\">: <span class=\"ff9 ls0\">\u20ac18<span class=\"_ _0\"></span>.55<span class=\"_ _0\"></span>0.44<span class=\"_ _0\"></span>6<span class=\"ff1\">)<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>onta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>apl<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s pe<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>tf<span class=\"_ _0\"></span>\u00f3li<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>finan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os </span></span></span>de<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>raz<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> ele<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>a l<span class=\"_ _0\"></span>iqui<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>z e<span class=\"_ _0\"></span> emi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> <span class=\"ff7\">r<span class=\"_ _0\"></span>atin<span class=\"_ _0\"></span>g<span class=\"ff1\"> <span class=\"_ _0\"></span>adeq<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>do. </span></span>Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> <span class=\"ls16\">2021</span>, <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tem <span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>cati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>aix<span class=\"_ _0\"></span>a e <span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>uiva<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>este<span class=\"_ _0\"></span>ja<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>suje<span class=\"_ _0\"></span>itos<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ri\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>so d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po. 8.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s </span></span>8.3.1.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Cate<span class=\"_ _1\"></span>gorias de in<span class=\"_ _1\"></span>strumentos fin<span class=\"_ _1\"></span>anceiros do Grup<span class=\"_ _1\"></span>o<span class=\"_ _1\"></span> </span>Os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> rub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ssifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>:  Ativos financeiros  Ativos ao justo financeiros valor ao justo  Ativos  Ativos atrav\u00e9s de valor atrav\u00e9s  Instrumento<span class=\"_ _0\"></span>s  Instrumento<span class=\"_ _0\"></span>s financeiros<span class=\"_ _0\"></span> financeiros resultados de outro financeiros financeiros fora ao custo (excluindo rendimento derivados d<span class=\"_ _0\"></span>e derivados do \u00e2mbito  Ativos n\u00e3o Valores em Euros<span class=\"_ _1\"></span>  Nota amortizado derivados) integral cobertura de negocia\u00e7\u00e3o da IFRS 9 financeiros   Total 31 de deze<span class=\"_ _1\"></span>mbro de 2022<span class=\"_ _1\"></span> Valores a receber 4.2 25<span class=\"ls0\">.</span>282<span class=\"ls0\">.858 </span>- - - - - - 25<span class=\"ls0\">.</span>282<span class=\"ls0\">.858 </span>n\u00e3o correntes <span class=\"_ _1\"></span> Valores a receber c<span class=\"_ _1\"></span>orrentes 4.2 363<span class=\"ls0\">.</span>009<span class=\"ls0\">.769 </span>- - 46<span class=\"ls0\">.</span>938<span class=\"ls0\">.143 </span>1.<span class=\"ls24\">576</span>.300 -87<span class=\"ls0\">.</span>619<span class=\"ls0\">.196</span>499<span class=\"ls0\">.</span>143<span class=\"ls0\">.408 </span>Caixa e equiva<span class=\"_ _1\"></span>lentes 5.9 343<span class=\"ls0\">.</span>083<span class=\"ls0\">.788 </span>- - - - - - 343<span class=\"ls0\">.</span>083<span class=\"ls0\">.788 </span>de caixa  Ativos n\u00e3o correntes 3.8 - - - - - - - - detidos para venda<span class=\"_ _1\"></span>  Total de ativos<span class=\"_ _1\"></span> 731<span class=\"ls0\">.376.4<span class=\"_ _1\"></span>16 </span>- - 46<span class=\"ls0\">.</span>938<span class=\"ls0\">.<span class=\"_ _1\"></span>143 </span>1.576.<span class=\"ls2b\">300 </span>-87<span class=\"ls0\">.</span>619<span class=\"ls0\">.<span class=\"_ _1\"></span>196</span>867<span class=\"ls0\">.510.0<span class=\"_ _1\"></span>55 </span>31 de deze<span class=\"_ _1\"></span>mbro de 2021<span class=\"_ _1\"></span> Valores a receber 8.3 8.<span class=\"ls24\">604</span>.547 - - - - - - 8.<span class=\"ls24\">604</span>.547 n\u00e3o correntes <span class=\"_ _1\"></span> Valores a receber c<span class=\"_ _1\"></span>orrentes 4.2 236<span class=\"ls0\">.</span>454<span class=\"ls0\">.808 </span>- - 1.<span class=\"ls24\">630</span>.982 - - 79<span class=\"ls0\">.</span>796<span class=\"ls0\">.970 </span>317<span class=\"ls0\">.</span>882<span class=\"ls0\">.760 </span>Caixa e equiva<span class=\"_ _1\"></span>lentes 5.9 239<span class=\"ls0\">.</span>171<span class=\"ls0\">.252 </span>- - - - - - 239<span class=\"ls0\">.</span>171<span class=\"ls0\">.252 </span>de caixa  Ativos n\u00e3o correntes 3.8 - - - - - - - - detidos para venda<span class=\"_ _1\"></span>  Total de ativos<span class=\"_ _1\"></span> 484<span class=\"ls0\">.230.6<span class=\"_ _1\"></span>07 </span>- - 1.630.<span class=\"ls2b\">982 </span>- - 79<span class=\"ls0\">.</span>796<span class=\"ls0\">.<span class=\"_ _1\"></span>970 </span>565<span class=\"ls0\">.658.5<span class=\"_ _1\"></span>59 </span> Passivos financeiros ao justo  Passivos valor atrav\u00e9s  Instrumento<span class=\"_ _0\"></span>s  Instrumento<span class=\"_ _0\"></span>s  Passivos financeiros de resultados financeiros financeiros financeiros fora<span class=\"_ _0\"></span>  Passivos ao custo (excluindo derivados derivados do \u00e2mbito n\u00e3o Valores em Euros<span class=\"_ _1\"></span>  Nota amortizado derivados) de cobertura de negocia\u00e7\u00e3o da<span class=\"ls0\"> IFRS 9 </span>financeiros   Total 31 de deze<span class=\"_ _1\"></span>mbro de 2022<span class=\"_ _1\"></span>  Financiamentos o<span class=\"_ _1\"></span>btidos 5.7 725<span class=\"ls0\">.</span>301<span class=\"ls0\">.722 </span>- - - - -725<span class=\"ls0\">.</span>301<span class=\"ls0\">.722</span> Passivos de loca\u00e7\u00e3<span class=\"_ _1\"></span>o  5.8 - - - - 61<span class=\"ls0\">.</span>641<span class=\"ls0\">.049 </span>-61<span class=\"ls0\">.</span>641<span class=\"ls0\">.049</span> Valores a pagar <span class=\"_ _1\"></span> 4.3 605<span class=\"ls0\">.</span>630<span class=\"ls0\">.951 </span>- - 4.<span class=\"ls24\">682</span>.533 - - 610<span class=\"ls0\">.</span>313<span class=\"ls0\">.484</span>Total de pa<span class=\"_ _1\"></span>ssivos 1.330.<span class=\"ls2b\">932<span class=\"_ _1\"></span></span>.673 - - 4.682.<span class=\"ls2b\">533 </span>61<span class=\"ls0\">.</span>641<span class=\"_ _1\"></span><span class=\"ls0\">.049 </span>-1.397.<span class=\"ls2b\">256<span class=\"_ _1\"></span></span>.25531 de deze<span class=\"_ _1\"></span>mbro de 2021<span class=\"_ _1\"></span>  Financiamentos o<span class=\"_ _1\"></span>btidos 5.7 833<span class=\"ls0\">.</span>944<span class=\"ls0\">.049 </span>- - - - -833<span class=\"ls0\">.</span>944<span class=\"ls0\">.049</span> Passivos de loca\u00e7\u00e3<span class=\"_ _1\"></span>o  5.8 - - - - 53<span class=\"ls0\">.</span>240<span class=\"ls0\">.925 </span>-53<span class=\"ls0\">.</span>240<span class=\"ls0\">.925</span> Valores a pagar <span class=\"_ _1\"></span> 4.3 422<span class=\"ls0\">.</span>045<span class=\"ls0\">.733 </span>-6.<span class=\"ls24\">402</span>.1301.<span class=\"ls24\">728</span>.458 - - 430<span class=\"ls0\">.</span>176<span class=\"ls0\">.321</span>Total de pa<span class=\"_ _1\"></span>ssivos 1.255.<span class=\"ls2b\">989<span class=\"_ _1\"></span></span>.782 -6.402.<span class=\"ls2b\">130</span>1.728.<span class=\"ls2b\">458 </span>53<span class=\"ls0\">.</span>240<span class=\"_ _1\"></span><span class=\"ls0\">.925 </span>-1.317.<span class=\"ls2b\">361<span class=\"_ _1\"></span></span>.2958.3.2.<span class=\"ls0\"> <span class=\"_ _50\"> </span>Justo valor de ativos<span class=\"_ _1\"></span> e passivos fi<span class=\"_ _1\"></span>nanceiros<span class=\"_ _1\"></span> </span>Ativos e passivos financeiros mensurados ao justo valor 31/12/22 31/12/21 Valores em Euros<span class=\"_ _1\"></span>  N\u00edvel 1   N\u00edvel 2   N\u00edvel 3   N\u00edvel 1   N\u00edvel 2   N\u00edvel 3  Ativos financeir<span class=\"_ _1\"></span>os ao justo valor re<span class=\"_ _1\"></span>conhecidos e<span class=\"_ _1\"></span>m resultados      Derivados de nego<span class=\"_ _1\"></span>cia\u00e7\u00e3o (Nota<span class=\"_ _1\"></span> 8.2) -  1.<span class=\"ls24\">576</span>.300  -  -  -  -  Instrumentos finance<span class=\"_ _1\"></span>iros de cober<span class=\"_ _1\"></span>tura (Nota 8.2)<span class=\"_ _1\"></span> -  46<span class=\"ls0\">.</span>938<span class=\"ls0\">.143  </span>-  -  1.<span class=\"ls24\">630</span>.982  -  Ativos mensurado<span class=\"_ _1\"></span>s ao justo valor<span class=\"_ _1\"></span>      Ativos biol\u00f3g<span class=\"_ _1\"></span>icos (Nota 3.8)<span class=\"_ _1\"></span> -  -  122<span class=\"ls0\">.</span>499<span class=\"ls0\">.875  </span>-  -  147<span class=\"ls0\">.</span>324<span class=\"ls0\">.061  </span>Total de ativos<span class=\"_ _1\"></span> -  48<span class=\"ls0\">.</span>514<span class=\"ls0\">.<span class=\"_ _1\"></span>443  </span>122<span class=\"ls0\">.499.8<span class=\"_ _1\"></span>75  </span>-  1.630.<span class=\"ls2b\">982 <span class=\"_ _1\"></span></span> 147<span class=\"ls0\">.324.0<span class=\"_ _1\"></span>61  </span>Passivos finance<span class=\"_ _1\"></span>iros ao justo valor<span class=\"_ _1\"></span> reconhecidos<span class=\"_ _1\"></span> em resultados      Derivados de nego<span class=\"_ _1\"></span>cia\u00e7\u00e3o (Nota<span class=\"_ _1\"></span> 8.2) -  (4<span class=\"ls0\">.<span class=\"ls24\">682</span>.533)<span class=\"_ _1\"></span> </span>-  -  (1<span class=\"ls0\">.<span class=\"ls24\">728</span>.458)<span class=\"_ _1\"></span> </span>-  Instrumentos finance<span class=\"_ _1\"></span>iros de<span class=\"_ _1\"></span> cobertura (Nota <span class=\"_ _1\"></span>8.2) -  -  -  -  (6<span class=\"ls0\">.<span class=\"ls24\">402</span>.130)<span class=\"_ _1\"></span> </span>-  Total de pa<span class=\"_ _1\"></span>ssivos -  (4<span class=\"ls0\">.682.534) </span>-  -  (8<span class=\"ls0\">.130.588) </span>-  Estimativas e julgamentos Jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>iam<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>obt<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span>une<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>fix<span class=\"_ _0\"></span>a O j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os \u00e9<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>alc<span class=\"_ _0\"></span>ulad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>m\u00e9t<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s fl<span class=\"_ _0\"></span>ux<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ixa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s \u00e0 <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>elat<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>car<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00edst<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>enc<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o ao<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>l 2<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a hi<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>arq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>a IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>13<span class=\"_ _0\"></span><span class=\"ff7\">.<span class=\"ff1\"> </span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinancialInstrumentsExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-98-3": {
   "value": "3.8.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>l\u00f3<span class=\"_ _0\"></span>gico<span class=\"_ _0\"></span>s </span></span>Movimentos em ativos biol\u00f3gicos Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Saldo inicial<span class=\"_ _1\"></span> 147.324.061 <span class=\"_ _1\"></span> 148.584.451 <span class=\"_ _1\"></span> Cortes efetuados <span class=\"_ _1\"></span> (19.268.187) (25.277.834)<span class=\"_ _1\"></span> Crescimento<span class=\"_ _1\"></span> 22.077.444 <span class=\"_ _1\"></span> 19.653.667 <span class=\"_ _1\"></span> Novas planta\u00e7\u00f5es e<span class=\"_ _1\"></span> replanta\u00e7\u00f5es (ao cu<span class=\"_ _1\"></span>sto)<span class=\"_ _1\"></span> 4.241.964 <span class=\"_ _1\"></span> 3.313.648 <span class=\"_ _1\"></span> Outras varia\u00e7\u00f5es<span class=\"_ _1\"></span> de justo valor<span class=\"_ _1\"></span> - Altera\u00e7\u00e3o do <span class=\"_ _1\"></span>pre\u00e7o da madeira<span class=\"_ _1\"></span> 23.872.905 <span class=\"_ _1\"></span> -  - Altera\u00e7\u00e3o da taxa<span class=\"_ _1\"></span> de custo de ca<span class=\"_ _1\"></span>pital (28.053.077) 1.212.800 <span class=\"_ _1\"></span> - Impacto dos <span class=\"_ _1\"></span>inc\u00eandios (31.633) (68.794) - Varia\u00e7\u00e3o nas outra<span class=\"_ _1\"></span>s esp\u00e9cies<span class=\"_ _1\"></span> (4.938.867) -  - Custos de log<span class=\"_ _1\"></span>\u00edstica de transp<span class=\"_ _1\"></span>orte (2.076.774) (2.417.700) - Custos fixos de estrutu<span class=\"_ _1\"></span>ra (9.396.335) -  - Outras altera\u00e7\u00f5es<span class=\"_ _1\"></span> de expectati<span class=\"_ _1\"></span>va (11.251.626) 2.323.823 <span class=\"_ _1\"></span> Total de va<span class=\"_ _1\"></span>ria\u00e7\u00f5es (24.824.186)<span class=\"_ _1\"></span> (1.260.390)<span class=\"_ _1\"></span> Saldo final 122.499.875 <span class=\"_ _1\"></span> 147.324.061 <span class=\"_ _1\"></span> Re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>\u00e0 f<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>de M<span class=\"_ _0\"></span>o\u00e7a<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>ue,<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>i ini<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>lhe<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>adei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as pl<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>cel<span class=\"_ _0\"></span> Mo<span class=\"_ _0\"></span>\u00e7amb<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Ma<span class=\"_ _0\"></span>nic<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xpo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>da B<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>miti<span class=\"_ _0\"></span>r\u00e1,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> obj<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Mo\u00e7a<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>que <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>pa <span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>ind\u00fa<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>stal<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span>o l<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>go <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2, <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> col<span class=\"_ _0\"></span>hid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>0 m3<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>made<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sido<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>\u00eas<span class=\"_ _0\"></span> emb<span class=\"_ _0\"></span>arq<span class=\"_ _0\"></span>ues<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a P<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tug<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>100<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0 <span class=\"_ _0\"></span>m3. O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ord<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>IAS 4<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>mad<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>aque<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> ten<span class=\"_ _0\"></span>ham<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>cifi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>ss\u00e1<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>para<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>\u00e1xim<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ndim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>n\u00e7\u00e3<span class=\"_ _0\"></span>o da <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>, da<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sidad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e fo<span class=\"_ _0\"></span>rne<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>. Ti<span class=\"_ _0\"></span>pic<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m P<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>uga<span class=\"_ _0\"></span>l a<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span> a s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>uri<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> 8 e<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>2 a<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>send<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a es<span class=\"_ _0\"></span>p\u00e9<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>, b<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s ed<span class=\"_ _0\"></span>afo<span class=\"_ _0\"></span>cli<span class=\"_ _0\"></span>m\u00e1t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span> Os<span class=\"_ _0\"></span> dad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> flo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ta,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>u p<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>enci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>\u00e3o a<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> dua<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>lon<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eu c<span class=\"_ _0\"></span>icl<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>sci<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> A <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>zem<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2022<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>avam<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>48<span class=\"_ _0\"></span>% (<span class=\"_ _0\"></span>48%<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 31<span class=\"_ _0\"></span>/1<span class=\"_ _0\"></span>2/<span class=\"_ _0\"></span>2021<span class=\"_ _0\"></span>) d<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r em<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>it\u00f3r<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>nac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>esmo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>oriz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ao j<span class=\"_ _3b\"></span>usto <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>. O d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>he d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os b<span class=\"_ _0\"></span>iol<span class=\"_ _0\"></span>\u00f3gi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span><span class=\"ls93\">31<span class=\"ls0\"> <span class=\"lsd\">de </span>d<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 <span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>021 <span class=\"_ _0\"></span><span class=\"ls12\">\u00e9 </span></span></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>p\u00e9ci<span class=\"_ _0\"></span>e: Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Eucalipto (Portuga<span class=\"_ _1\"></span>l) 93.301.990 <span class=\"_ _1\"></span> 113.826.448 <span class=\"_ _1\"></span> Eucalipto (Espanh<span class=\"_ _1\"></span>a) 2.932.530 <span class=\"_ _1\"></span> -  Pinho (Portugal<span class=\"_ _1\"></span>) 8.149.506 <span class=\"_ _1\"></span> 6.697.561 <span class=\"_ _1\"></span> Sobreiro (Portuga<span class=\"_ _1\"></span>l) 819.980  6.268.821 <span class=\"_ _1\"></span> Outras esp\u00e9cies (<span class=\"_ _1\"></span>Portugal)<span class=\"_ _1\"></span> 73.108  1.015.078 <span class=\"_ _1\"></span> Eucalipto (Mo\u00e7a<span class=\"_ _1\"></span>mbique)<span class=\"_ _1\"></span> 17.222.761 <span class=\"_ _1\"></span> 19.516.153 <span class=\"_ _1\"></span> 122.499.875 <span class=\"_ _1\"></span> 147.324.061 <span class=\"_ _1\"></span> O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> ini<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>b\u00e9m<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>exp<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ilv<span class=\"_ _0\"></span>\u00edc<span class=\"_ _0\"></span>ola <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Esp<span class=\"_ _0\"></span>anh<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>opr<span class=\"_ _0\"></span>iame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>na r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da Gal<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>ro. A d<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ui\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or d<span class=\"_ _0\"></span>o S<span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ro e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>sp\u00e9<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>nor<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>v\u00e2n<span class=\"_ _0\"></span>cia)<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>, es<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>lme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>os a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>te,<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ega <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ansp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>te. Est<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>pur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>fun\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>xt<span class=\"_ _0\"></span>ra\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00f5e<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> cor<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>onde<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>\u00e0s <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>cta<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>utur<span class=\"_ _0\"></span>a: Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21  Eucalipto (Portuga<span class=\"_ _1\"></span>l) - Potenc<span class=\"_ _1\"></span>ial Futuro de e<span class=\"_ _1\"></span>xtra\u00e7\u00f5es de madeira<span class=\"_ _1\"></span> k m3ssc <span class=\"_ _1\"></span> 10.371  10.207   Eucalipto (Espanha<span class=\"_ _1\"></span>) - Poten<span class=\"_ _1\"></span>cial Futuro de e<span class=\"_ _1\"></span>xtra\u00e7\u00f5es de made<span class=\"_ _1\"></span>ira k m3ssc <span class=\"_ _1\"></span> 207 <span class=\"ls0\"> </span>-   Resinosas (Portuga<span class=\"_ _1\"></span>l) - Potenc<span class=\"_ _1\"></span>ial Futuro de e<span class=\"_ _1\"></span>xtra\u00e7\u00f5es de made<span class=\"_ _1\"></span>ira k ton <span class=\"_ _1\"></span> 309 <span class=\"ls0\"> </span>311 <span class=\"ls0\"> </span> Resinosas (Portuga<span class=\"_ _1\"></span>l) - Potenc<span class=\"_ _1\"></span>ial Futuro de e<span class=\"_ _1\"></span>xtra\u00e7\u00f5es de pinhas<span class=\"_ _1\"></span> k ton <span class=\"_ _1\"></span> n/a n/a  Sobreiro (Portuga<span class=\"_ _1\"></span>l) - Poten<span class=\"_ _1\"></span>cial Futuro de e<span class=\"_ _1\"></span>xtra\u00e7\u00f5es de cort<span class=\"_ _1\"></span>i\u00e7a k @ <span class=\"_ _1\"></span> 563 <span class=\"ls0\"> </span>461 <span class=\"ls0\"> </span> Eucalipto (Mo\u00e7am<span class=\"_ _1\"></span>bique) -<span class=\"_ _1\"></span> Potencial Futuro de <span class=\"_ _1\"></span>extra\u00e7\u00f5es<span class=\"_ _1\"></span> de madeira k m3ss<span class=\"_ _1\"></span>c 4.451  2.758  No<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>diz<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spei<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ucal<span class=\"_ _0\"></span>ipt<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo b<span class=\"_ _0\"></span>iol<span class=\"_ _0\"></span>\u00f3gi<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xpr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tra\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>oram<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xtr<span class=\"_ _0\"></span>a\u00edd<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> 512.<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>2 m<span class=\"_ _0\"></span>3s<span class=\"_ _0\"></span>sc <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>mad<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> mat<span class=\"_ _0\"></span>as de<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>exp<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> (3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span><span class=\"ls93\">21<span class=\"lsd\">: <span class=\"ls0\">65<span class=\"_ _0\"></span>1.65<span class=\"_ _0\"></span>4 <span class=\"_ _0\"></span>m3<span class=\"_ _0\"></span>ssc)<span class=\"_ _0\"></span>. </span></span></span>Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>0<span class=\"ls16\">21</span>, (<span class=\"_ _0\"></span>i) <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xist<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>biol<span class=\"_ _0\"></span>\u00f3gi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>uja <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>ja <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>e/<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> pen<span class=\"_ _0\"></span>hor<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o g<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>ia d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, ne<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ssos<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>reve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>is re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00e0 aq<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>ol\u00f3g<span class=\"_ _0\"></span>ico<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> e (<span class=\"_ _0\"></span>ii)<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>\u00eddi<span class=\"_ _0\"></span>os g<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>ern<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>laci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>iol\u00f3<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhec<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>mons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o. Estimativas e julgamentos Pr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os For<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pond<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>z<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>alia<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, nom<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>dam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te: \uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">Pro<span class=\"_ _0\"></span>dut<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> flo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span>; </span></span>\uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">Pre<span class=\"_ _0\"></span>\u00e7o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a da<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>(qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo)<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>uzid<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>te, </span></span>das<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>err<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> ar<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ssio<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>heg<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nute<span class=\"_ _0\"></span>n\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e ao<span class=\"_ _0\"></span> ar<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>; o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nd\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> agr<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>ou-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>5% <span class=\"_ _0\"></span>fac<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1. \uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">Taxa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: 5<span class=\"_ _0\"></span>,17%<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1:<span class=\"_ _0\"></span> 2,9<span class=\"_ _0\"></span>9%<span class=\"_ _0\"></span>).<span class=\"_ _0\"></span> Not<span class=\"_ _0\"></span>e-s<span class=\"_ _0\"></span>e q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>orp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco </span></span>de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nc\u00ean<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>h fl<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>del<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> Cas<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>foss<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>orp<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> na <span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>esm<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e 7<span class=\"_ _0\"></span>% <span class=\"_ _0\"></span>(2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span>: 4<span class=\"_ _0\"></span>,61<span class=\"_ _0\"></span>%) An\u00e1<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span> O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>tiliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m P<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tugal<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>e\u00e7o<span class=\"_ _0\"></span> <span class=\"ff7\">fo<span class=\"_ _0\"></span>rw<span class=\"_ _0\"></span>ard<span class=\"ff1\"> <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span>ra </span></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>var<span class=\"_ _0\"></span>i\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span>. Alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>post<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pod<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>plic<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>iza\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s/d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>oriz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos:<span class=\"_ _0\"></span> Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 1) Agravamen<span class=\"_ _1\"></span>to em 0,5% da ta<span class=\"_ _1\"></span>xa de desconto em Por<span class=\"_ _1\"></span>tugal<span class=\"_ _1\"></span> 5.<span class=\"ls24\">422</span>.029  7.<span class=\"ls24\">896</span>.515  Desvaloriza\u00e7\u00e3o d<span class=\"_ _1\"></span>o ativo floresta<span class=\"_ _1\"></span>l de Portugal<span class=\"_ _1\"></span> 2) Diminui\u00e7\u00e3o d<span class=\"_ _1\"></span>e 3% no pre\u00e7o <span class=\"_ _1\"></span><span class=\"ff8\">forw<span class=\"_ _1\"></span>ard</span> 10<span class=\"ls0\">.</span>848<span class=\"ls0\">.174  </span>11<span class=\"ls0\">.</span>731<span class=\"ls0\">.495  </span>Desvaloriza\u00e7\u00e3o d<span class=\"_ _1\"></span>o ativo flore<span class=\"_ _1\"></span>stal de Portuga<span class=\"_ _1\"></span>l 3) Agravamen<span class=\"_ _1\"></span>to em 0,5% da ta<span class=\"_ _1\"></span>xa de desconto em <span class=\"_ _1\"></span>Mo\u00e7ambique<span class=\"_ _1\"></span> 503<span class=\"ls0\">.</span>338 <span class=\"ls0\"> </span>273<span class=\"ls0\">.</span>043 <span class=\"ls0\"> </span>Desvaloriza\u00e7\u00e3o d<span class=\"_ _1\"></span>o ativo floresta<span class=\"_ _1\"></span>l de Mo\u00e7ambique<span class=\"_ _1\"></span> 4) Diminui\u00e7\u00e3o d<span class=\"_ _1\"></span>e 3% no pre\u00e7o <span class=\"_ _1\"></span><span class=\"ff8\">forw<span class=\"_ _1\"></span>ard</span> 761<span class=\"ls0\">.</span>695 <span class=\"ls0\"> </span>718<span class=\"ls0\">.</span>666 <span class=\"ls0\"> </span>Desvaloriza\u00e7\u00e3o d<span class=\"_ _1\"></span>o ativo floresta<span class=\"_ _1\"></span>l de Mo\u00e7ambique<span class=\"_ _1\"></span> ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfBiologicalAssetsAndGovernmentGrantsForAgriculturalActivityExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-101-3": {
   "value": "Pol\u00edticas Contabil\u00edsticas Os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>iol<span class=\"_ _0\"></span>\u00f3gi<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cipal<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>det<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>sce<span class=\"_ _0\"></span>t\u00edve<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>abr<span class=\"_ _0\"></span>ico<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> BE<span class=\"_ _0\"></span>KP <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>, m<span class=\"_ _0\"></span>aio<span class=\"_ _0\"></span>rit<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>euc<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ipt<span class=\"_ _0\"></span>o, i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lui<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> out<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>\u00e9ci<span class=\"_ _0\"></span>es, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ho e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> sob<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>.  Os <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>los<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>prop<span class=\"_ _0\"></span>rie<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>pres<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> ru<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> \u201cAt<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>ixo<span class=\"_ _0\"></span>s tan<span class=\"_ _0\"></span>g\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s\u201d <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>posi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a e <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om a p<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>\u00edti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>erid<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>.3.<span class=\"_ _0\"></span> Os<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>lore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rop<span class=\"_ _0\"></span>rie<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> enc<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ensu<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pol<span class=\"_ _0\"></span>\u00edti<span class=\"_ _0\"></span>ca con<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>\u00edsti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>ota <span class=\"_ _0\"></span>3.6<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tado<span class=\"_ _0\"></span>s na<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ubr<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> \u201cA<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>b d<span class=\"_ _0\"></span>irei<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>so\u201d<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>finan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>olid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a. Ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>n\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>3 d<span class=\"_ _0\"></span>a hi<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>arqu<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>13<span class=\"_ _0\"></span>) Na <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>\u00e9t<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>uxo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>quai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>v\u00e9s<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>\u00f3di<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>xte<span class=\"_ _0\"></span>rno<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>ndep<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s. No<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>del<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>env<span class=\"_ _0\"></span>olvi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>ost<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00e0 n<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>rez<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s em<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o, <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>mente<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>icl<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>env<span class=\"_ _0\"></span>olvi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>\u00e9ci<span class=\"_ _0\"></span>es,<span class=\"_ _0\"></span> a pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utivi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>cli<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _3b\"></span>s amb<span class=\"_ _0\"></span>ien<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> o p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>\u00e7o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ven<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>da mad<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> (q<span class=\"_ _0\"></span>uand<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rcad<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo)<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>duz<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>eno<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>arr<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>essi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>cheg<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>stos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>lant<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> man<span class=\"_ _0\"></span>ute<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> ar<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>erre<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>to.<span class=\"_ _0\"></span>  Os <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>inp<span class=\"_ _0\"></span>uts<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>obse<span class=\"_ _0\"></span>rv\u00e1<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>delo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>det<span class=\"_ _0\"></span>alh<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ue, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o qu<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>biol<span class=\"_ _0\"></span>\u00f3gi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s ir<span class=\"_ _0\"></span>\u00e1 <span class=\"_ _0\"></span>aume<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>/ (<span class=\"_ _0\"></span>dimi<span class=\"_ _3b\"></span>nuir)<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiva<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>: \uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">Os p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>arem<span class=\"_ _0\"></span> /<span class=\"_ _0\"></span> (d<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>nu\u00ed<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span>); </span></span>\uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">A es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cor<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>ech<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> dim<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>uir <span class=\"_ _0\"></span>/ <span class=\"_ _0\"></span>(au<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>); </span></span>\uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">A es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> plan<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>ute<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>minui<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>/ (<span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>); <span class=\"_ _0\"></span>e </span></span>\uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">A ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>nui<span class=\"_ _0\"></span>r (<span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>). </span></span>A t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spon<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>nfl<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>utur<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>onsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po es<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>bt<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>flor<span class=\"_ _0\"></span>esta<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>tina<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>alie<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>. \u00c1re<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s Os <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>orri<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>err<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a um<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>meir<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>flor<span class=\"_ _3b\"></span>esta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>xo t<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>el,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>a vi<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>\u00fati<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e coi<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om o<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> Alt<span class=\"_ _0\"></span>era\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>tivas<span class=\"_ _0\"></span><span class=\"ff1\"> </span>As <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>per\u00ed<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cort<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>cust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>outr<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>as s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivos<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>iol<span class=\"_ _0\"></span>\u00f3gi<span class=\"_ _0\"></span>cos <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os. Cor<span class=\"_ _0\"></span>te<span class=\"ff1\"> </span>No<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> cor<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>oriz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>u j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>duzi<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s g<span class=\"_ _0\"></span>asto<span class=\"_ _0\"></span>s es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>esd<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o l<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>abate<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a ou<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>umo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>i o<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>inve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>\u00e1rio<span class=\"_ _0\"></span>. ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForBiologicalAssetsExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-104-2": {
   "value": "4.1.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Inv<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s </span></span>4.1.1.<span class=\"ls0\"> <span class=\"_ _50\"> </span>Invent\u00e1rios <span class=\"ffa\">\u2013</span> detalh<span class=\"_ _1\"></span>e por natu<span class=\"_ _1\"></span>reza </span>Valores l\u00edquidos de perdas por impar<span class=\"_ _0\"></span>idade acumuladas<span class=\"_ _1\"></span> Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Mat\u00e9rias-primas<span class=\"_ _1\"></span> 141.023.694 <span class=\"_ _1\"></span> 102.851.009 <span class=\"_ _1\"></span> Mercadorias 144.304  185.541  Subtotal (Nota 4.<span class=\"_ _1\"></span>1.2) 141.167.998 <span class=\"_ _1\"></span> 103.036.550 <span class=\"_ _1\"></span> Produtos acabad<span class=\"_ _1\"></span>os e interm\u00e9dios<span class=\"_ _1\"></span> 155.208.607 <span class=\"_ _1\"></span> 75.870.145 <span class=\"_ _1\"></span> Produtos e traba<span class=\"_ _1\"></span>lhos em curso<span class=\"_ _1\"></span> 2.061.232 <span class=\"_ _1\"></span> 2.440.632 <span class=\"_ _1\"></span> Subprodutos e<span class=\"_ _1\"></span> desperd\u00edcios<span class=\"_ _1\"></span> 291.380  5.203.331 <span class=\"_ _1\"></span> Subtotal (Nota 4.<span class=\"_ _1\"></span>1.3) 157.561.219 <span class=\"_ _1\"></span> 83.514.108 <span class=\"_ _1\"></span> Total 298.729.217 <span class=\"_ _1\"></span> 186.550.658 <span class=\"_ _1\"></span> Invent\u00e1rios de produto acabado e interm\u00e9dio<span class=\"_ _0\"></span> <span class=\"_ _1\"></span> \u2013<span class=\"ff3\"> distribui\u00e7\u00e3o por \u00e1rea geogr\u00e1fica </span>Valores em Euros <span class=\"_ _1\"></span> 31/12/22 % 31/12/21 % Portugal Pasta BEKP  36.432.662 <span class=\"_ _1\"></span> 23,47% 12.707.425 <span class=\"_ _1\"></span> 16,75% Papel UWF  35.230.122 <span class=\"_ _1\"></span> 22,70% 25.380.174 <span class=\"_ _1\"></span> 33,45% Papel <span class=\"ff7\">Tissue</span> <span class=\"_ _1\"></span> 21.429.903 <span class=\"_ _1\"></span> 13,81% 14.396.342 <span class=\"_ _1\"></span> 18,97% Outros  8.635.096 <span class=\"_ _1\"></span> 5,56% 4.525.980 <span class=\"_ _1\"></span> 5,97% 101.727.783 <span class=\"_ _1\"></span> 65,54% 57.009.921 <span class=\"_ _1\"></span> 75,14% Resto da Europa<span class=\"_ _1\"></span> Pasta BEKP  11.797.779 <span class=\"_ _1\"></span> 7,60% 2.745.540 <span class=\"_ _1\"></span> 3,62% Papel UWF  5.734.831 <span class=\"_ _1\"></span> 3,69% 2.656.156 <span class=\"_ _1\"></span> 3,50% Papel <span class=\"ff7\">Tissue</span> <span class=\"_ _1\"></span> 1.049.256 <span class=\"_ _1\"></span> 0,68% 875.662  1,15% 18.581.866 <span class=\"_ _1\"></span> 11,97% 6.277.358  8,27% EUA Papel UWF  34.898.958 <span class=\"_ _1\"></span> 22,49% 12.582.866 <span class=\"_ _1\"></span> 16,58% 34.898.958 <span class=\"_ _1\"></span> 22,49% 12.582.866 <span class=\"_ _1\"></span> 16,58% 155.208.607 <span class=\"_ _1\"></span> 100,00%<span class=\"_ _1\"></span> 75.870.145 <span class=\"_ _1\"></span> 100,00%<span class=\"_ _1\"></span> Os<span class=\"ls0\"> i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>\u00e1rio<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>dut<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>acab<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m\u00e9d<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span><span class=\"ff9\">in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>em \u20ac<span class=\"_ _0\"></span>4.<span class=\"_ _0\"></span>28<span class=\"_ _0\"></span>6.9<span class=\"_ _0\"></span>97<span class=\"ff1\"> <span class=\"_ _0\"></span>(31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbro<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e </span></span></span>2021<span class=\"lsd\">: <span class=\"ff9 ls0\">\u20ac11<span class=\"_ _0\"></span>.73<span class=\"_ _0\"></span>0.04<span class=\"_ _0\"></span>9<span class=\"ff1\">)<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os a<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nt\u00e1<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cuja<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s j\u00e1<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tida<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ujo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span> </span></span></span>n\u00e3o<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>feri<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>Cli<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> <span class=\"ls16\">2021</span>, <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tem i<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t\u00e1ri<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> cuj<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>sej<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>trit<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>/o<span class=\"_ _0\"></span>u pe<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o g<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os. 4.1.2.<span class=\"ls0\"> <span class=\"_ _50\"> </span>Custo das mercador<span class=\"_ _1\"></span>ias vendidas e mat\u00e9<span class=\"_ _1\"></span>rias consumid<span class=\"_ _1\"></span>as  </span>no per\u00edodo Valores em Euros<span class=\"_ _1\"></span>  <span class=\"ls2a\">2022 </span><span class=\"fce sc0\"> </span> <span class=\"ls2a\">2021 </span><span class=\"fce sc0\"> </span>Saldo inic<span class=\"_ _1\"></span>ial 103.036.550 <span class=\"_ _1\"></span> 92.690.300 <span class=\"_ _1\"></span> Compras 1.013.576.631 <span class=\"_ _1\"></span> 639.900.753 <span class=\"_ _1\"></span> Perdas em inven<span class=\"_ _1\"></span>t\u00e1rios 494.184  170.677  Perdas por impar<span class=\"_ _1\"></span>idade (7.090.162) 69.565  Saldo final<span class=\"_ _1\"></span> (141.167.998)<span class=\"_ _1\"></span> (103.036.550)<span class=\"_ _1\"></span> Custo das mercador<span class=\"_ _1\"></span>ias vendid<span class=\"_ _1\"></span>as e mat\u00e9rias co<span class=\"_ _1\"></span>nsumidas (Not<span class=\"_ _1\"></span>a 2.3)<span class=\"_ _1\"></span> 968.849.205 <span class=\"_ _1\"></span> 629.794.745 <span class=\"_ _1\"></span> Custo das mercadorias vendidas e mat\u00e9rias consumid<span class=\"_ _0\"></span>as <span class=\"_ _1\"></span> \u2013<span class=\"ff3\"> detalhe por produto </span>Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Madeira / Biomas<span class=\"_ _1\"></span>sa 354.081.192 <span class=\"_ _1\"></span> 278.459.294 <span class=\"_ _1\"></span> G\u00e1s natural 52.565.933 <span class=\"_ _1\"></span> 25.882.421 <span class=\"_ _1\"></span> Outros combust<span class=\"_ _1\"></span>\u00edveis 29.202.965 <span class=\"_ _1\"></span> 13.951.755 <span class=\"_ _1\"></span> Qu\u00edmicos 253.797.111 <span class=\"_ _1\"></span> 141.263.702 <span class=\"_ _1\"></span> Pasta (BEKP)<span class=\"_ _1\"></span> 80.685.831 <span class=\"_ _1\"></span> 24.290.827 <span class=\"_ _1\"></span> Pasta (Pinho)<span class=\"_ _1\"></span> 66.677.147 <span class=\"_ _1\"></span> 42.620.975 <span class=\"_ _1\"></span> Papel (altas grama<span class=\"_ _1\"></span>gens) 5.264.706 <span class=\"_ _1\"></span> 2.995.088 <span class=\"_ _1\"></span> Papel <span class=\"ff7\">tissue</span> - sub<span class=\"_ _1\"></span>contratos<span class=\"_ _1\"></span> 1.103.585 <span class=\"_ _1\"></span> 2.015.997 <span class=\"_ _1\"></span> Consum\u00edveis / Mat<span class=\"_ _1\"></span>erial de arma<span class=\"_ _1\"></span>z\u00e9m 27.582.104 <span class=\"_ _1\"></span> 26.761.199 <span class=\"_ _1\"></span> Material de e<span class=\"_ _1\"></span>mbalagem 96.576.854 <span class=\"_ _1\"></span> 68.739.504 <span class=\"_ _1\"></span> Outros materiais<span class=\"_ _1\"></span> 1.311.777 <span class=\"_ _1\"></span> 2.813.983 <span class=\"_ _1\"></span> 968.849.205 <span class=\"_ _1\"></span> 629.794.745 <span class=\"_ _1\"></span> O c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>\u00e0 m<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a/bi<span class=\"_ _0\"></span>oma<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>came<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e \u00e0s<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>adei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rna<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>cion<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ange<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span>s.  Ao <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ngo<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2 <span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>iu-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>agra<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>stos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o, pe<span class=\"_ _0\"></span>nali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>enci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te, <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> mad<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra,<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>via <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>e\u00e7o<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>rta<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>f\u00e1b<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>nac<span class=\"_ _0\"></span>ional<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>mix <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> tam<span class=\"_ _0\"></span>b\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>fib<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xte<span class=\"_ _0\"></span>rna<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>\u00edmi<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>. 4.1.3.<span class=\"ls0\"> <span class=\"_ _58\"> </span>Va<span class=\"_ _1\"></span>ria\u00e7\u00e3o da produ\u00e7<span class=\"_ _1\"></span>\u00e3o no per\u00edodo<span class=\"_ _1\"></span> </span>Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Saldo inic<span class=\"_ _1\"></span>ial (83.514.108) (84.044.837)<span class=\"_ _1\"></span> Regulariza\u00e7\u00f5es<span class=\"_ _1\"></span> (1.438.920) (400.436) Perdas em inven<span class=\"_ _1\"></span>t\u00e1rios 2.538.501 <span class=\"_ _1\"></span> 697.246  Perdas por impar<span class=\"_ _1\"></span>idade 5.337.315 <span class=\"_ _1\"></span> 1.846.899 <span class=\"_ _1\"></span> Saldo final<span class=\"_ _1\"></span> 157.561.219 <span class=\"_ _1\"></span> 83.514.108 <span class=\"_ _1\"></span> Varia\u00e7\u00e3o da pro<span class=\"_ _1\"></span>du\u00e7\u00e3o (Nota 2.<span class=\"_ _1\"></span>3) 80.484.007 <span class=\"_ _1\"></span> 1.612.980  4.1.4.<span class=\"ls0\"> <span class=\"_ _58\"> </span>M<span class=\"_ _1\"></span>ovimentos em pe<span class=\"_ _1\"></span>rdas por imp<span class=\"_ _1\"></span>aridade em invent<span class=\"_ _1\"></span>\u00e1rios<span class=\"_ _1\"></span> </span>Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Saldo Inicial<span class=\"_ _1\"></span> (3.934.904)<span class=\"_ _1\"></span> (2.157.570)<span class=\"_ _1\"></span> Aumentos (Nota<span class=\"_ _1\"></span> 2.3) (13.241.209) (2.643.558) Revers\u00f5es (Nota 2.2<span class=\"_ _1\"></span>) 813.732  866.224  Impacto em res<span class=\"_ _1\"></span>ultados do per\u00ed<span class=\"_ _1\"></span>odo<span class=\"_ _1\"></span> (12.427.477)<span class=\"_ _1\"></span> (1.777.334)<span class=\"_ _1\"></span> Utiliza\u00e7\u00f5es (12.042) -  Saldo final (16.374.423)<span class=\"_ _1\"></span> (3.934.904)<span class=\"_ _1\"></span> Con<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 2.3<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a imp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>t\u00e1r<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>i aju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span><span class=\"ff7\">st<span class=\"_ _0\"></span>ock<span class=\"_ _0\"></span><span class=\"ff1\"> de<span class=\"_ _0\"></span> pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> UW<span class=\"_ _0\"></span>F e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span><span class=\"ff9\">, no<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>e \u20ac<span class=\"_ _0\"></span>7.9<span class=\"_ _0\"></span>31<span class=\"_ _0\"></span>.30<span class=\"_ _0\"></span>9,<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> sequ<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a<span class=\"ff1\"> </span></span></span></span></span>da <span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> it<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m me<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>r r<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>pet<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ura <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>da pe<span class=\"_ _0\"></span>rf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e de<span class=\"_ _3b\"></span> ven<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>mix<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span> Adi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>alme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>eran<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> as pe<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>pet<span class=\"_ _0\"></span>ivas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>s \u00fa<span class=\"_ _0\"></span>tei<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>ema<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>sce<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> eq<span class=\"_ _0\"></span>uip<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>dus<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> as <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>rva<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>s\u00e1r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>ua\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> eq<span class=\"_ _0\"></span>uip<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhec<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a o <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pe\u00e7<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>serv<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m sto<span class=\"_ _0\"></span>ck<span class=\"_ _0\"></span><span class=\"ff9\">, n<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>\u20ac5<span class=\"_ _0\"></span>.309<span class=\"_ _0\"></span>.9<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>.<span class=\"ff1\"> </span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInventoriesExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-105-3": {
   "value": "4.1.2.<span class=\"ls0\"> <span class=\"_ _50\"> </span>Custo das mercador<span class=\"_ _1\"></span>ias vendidas e mat\u00e9<span class=\"_ _1\"></span>rias consumid<span class=\"_ _1\"></span>as  </span>no per\u00edodo Valores em Euros<span class=\"_ _1\"></span>  <span class=\"ls2a\">2022 </span><span class=\"fce sc0\"> </span> <span class=\"ls2a\">2021 </span><span class=\"fce sc0\"> </span>Saldo inic<span class=\"_ _1\"></span>ial 103.036.550 <span class=\"_ _1\"></span> 92.690.300 <span class=\"_ _1\"></span> Compras 1.013.576.631 <span class=\"_ _1\"></span> 639.900.753 <span class=\"_ _1\"></span> Perdas em inven<span class=\"_ _1\"></span>t\u00e1rios 494.184  170.677  Perdas por impar<span class=\"_ _1\"></span>idade (7.090.162) 69.565  Saldo final<span class=\"_ _1\"></span> (141.167.998)<span class=\"_ _1\"></span> (103.036.550)<span class=\"_ _1\"></span> Custo das mercador<span class=\"_ _1\"></span>ias vendid<span class=\"_ _1\"></span>as e mat\u00e9rias co<span class=\"_ _1\"></span>nsumidas (Not<span class=\"_ _1\"></span>a 2.3)<span class=\"_ _1\"></span> 968.849.205 <span class=\"_ _1\"></span> 629.794.745 <span class=\"_ _1\"></span> Custo das mercadorias vendidas e mat\u00e9rias consumid<span class=\"_ _0\"></span>as <span class=\"_ _1\"></span> \u2013<span class=\"ff3\"> detalhe por produto </span>Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Madeira / Biomas<span class=\"_ _1\"></span>sa 354.081.192 <span class=\"_ _1\"></span> 278.459.294 <span class=\"_ _1\"></span> G\u00e1s natural 52.565.933 <span class=\"_ _1\"></span> 25.882.421 <span class=\"_ _1\"></span> Outros combust<span class=\"_ _1\"></span>\u00edveis 29.202.965 <span class=\"_ _1\"></span> 13.951.755 <span class=\"_ _1\"></span> Qu\u00edmicos 253.797.111 <span class=\"_ _1\"></span> 141.263.702 <span class=\"_ _1\"></span> Pasta (BEKP)<span class=\"_ _1\"></span> 80.685.831 <span class=\"_ _1\"></span> 24.290.827 <span class=\"_ _1\"></span> Pasta (Pinho)<span class=\"_ _1\"></span> 66.677.147 <span class=\"_ _1\"></span> 42.620.975 <span class=\"_ _1\"></span> Papel (altas grama<span class=\"_ _1\"></span>gens) 5.264.706 <span class=\"_ _1\"></span> 2.995.088 <span class=\"_ _1\"></span> Papel <span class=\"ff7\">tissue</span> - sub<span class=\"_ _1\"></span>contratos<span class=\"_ _1\"></span> 1.103.585 <span class=\"_ _1\"></span> 2.015.997 <span class=\"_ _1\"></span> Consum\u00edveis / Mat<span class=\"_ _1\"></span>erial de arma<span class=\"_ _1\"></span>z\u00e9m 27.582.104 <span class=\"_ _1\"></span> 26.761.199 <span class=\"_ _1\"></span> Material de e<span class=\"_ _1\"></span>mbalagem 96.576.854 <span class=\"_ _1\"></span> 68.739.504 <span class=\"_ _1\"></span> Outros materiais<span class=\"_ _1\"></span> 1.311.777 <span class=\"_ _1\"></span> 2.813.983 <span class=\"_ _1\"></span> 968.849.205 <span class=\"_ _1\"></span> 629.794.745 <span class=\"_ _1\"></span> O c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>\u00e0 m<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a/bi<span class=\"_ _0\"></span>oma<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>came<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e \u00e0s<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>adei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rna<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>cion<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ange<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span>s.  Ao <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ngo<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2 <span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>iu-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>agra<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>stos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o, pe<span class=\"_ _0\"></span>nali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>enci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te, <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> mad<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra,<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>via <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>e\u00e7o<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>rta<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>f\u00e1b<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>nac<span class=\"_ _0\"></span>ional<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>mix <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> tam<span class=\"_ _0\"></span>b\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>fib<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xte<span class=\"_ _0\"></span>rna<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>\u00edmi<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCostOfSalesExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-108-3": {
   "value": "Pol\u00edticas Contabil\u00edsticas Os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nt\u00e1<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>s en<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>-se <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ord<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>inte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cri<span class=\"_ _0\"></span>t\u00e9ri<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>: i.<span class=\"ffb ls0\"> <span class=\"_ _9c\"> </span><span class=\"ff1\">Me<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>t\u00e9r<span class=\"_ _0\"></span>ias-<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>imas<span class=\"_ _0\"></span>  </span></span>As <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>at\u00e9r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span>-pr<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>enc<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tram<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>riz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>aix<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e aqu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o e<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>u va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r r<span class=\"_ _0\"></span>eal<span class=\"_ _0\"></span>iz\u00e1ve<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> O <span class=\"_ _0\"></span>cust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>aqu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>clui<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>inco<span class=\"_ _0\"></span>rri<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span> ao <span class=\"_ _0\"></span>arm<span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>utili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> m\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>o po<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>do c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>\u00e9t<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>eio<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> sa\u00ed<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s. ii.<span class=\"ffb ls0\"> <span class=\"_ _9c\"> </span><span class=\"ff1\">Pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>cab<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m\u00e9di<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>dut<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bal<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>o </span></span>Os <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utos<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>term<span class=\"_ _0\"></span>\u00e9d<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>abal<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>urs<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>ixo <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3o<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ui o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>\u00e9ri<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>-pr<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>corp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as, <span class=\"_ _0\"></span>m\u00e3<span class=\"_ _0\"></span>o-<span class=\"_ _0\"></span><span class=\"ls96\">de<span class=\"ls0\">-ob<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>fab<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> tom<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>n\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>nor<span class=\"_ _0\"></span>mal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e </span></span>pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o) e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>z\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o. O v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l l<span class=\"_ _0\"></span>\u00edq<span class=\"_ _0\"></span>uido<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rres<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>re\u00e7<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>duzi<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aca<span class=\"_ _0\"></span>bam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en\u00e7<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7\u00e3o<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>o val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>z\u00e1v<span class=\"_ _0\"></span>el l<span class=\"_ _0\"></span>\u00edq<span class=\"_ _0\"></span>uido<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>se i<span class=\"_ _0\"></span>nfe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>r,<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>erac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s.<span class=\"ff7\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForMeasuringInventories",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-110-6": {
   "value": "4.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>ebe<span class=\"_ _0\"></span>r </span></span>31/12/22 31/12/21 N\u00e3o N\u00e3o Valores em Euros<span class=\"_ _1\"></span> Corrente Corrente Total Corrente Corrente Total Clientes -341.601.458341.601.458 -210.789.083210.789.083 Estado -59.852.61859.852.618 -44.603.38444.603.384 Incentivos finance<span class=\"_ _1\"></span>iros a receber<span class=\"_ _1\"></span> 13.219.416 13.239.88526.459.301 - - - Department of Co<span class=\"_ _1\"></span>mmerce (EUA)<span class=\"_ _1\"></span> - - - - 281.653 281.653 Enviva Pellets Gree<span class=\"_ _1\"></span>nwood, LLC (E<span class=\"_ _1\"></span>UA)<span class=\"_ _1\"></span> -8.168.4268.168.426 7.826.849 25.384.072 33.210.921 Acr\u00e9scimos de rend<span class=\"_ _1\"></span>imento -2.970.3812.970.381 -19.028.57719.028.577 Gastos diferidos<span class=\"_ _1\"></span> -11.321.49311.321.493 -8.463.0898.463.089 Instrumentos finance<span class=\"_ _1\"></span>iros derivado<span class=\"_ _1\"></span>s (Nota 8.2)<span class=\"_ _1\"></span> -48.514.44348.514.443 -1.630.9821.630.982 Outros 12.063.442 13.474.70425.538.147 777.698 7.701.9208.479.618 25<span class=\"ls0\">.</span>282<span class=\"ls0\">.<span class=\"_ _1\"></span>858 </span>499<span class=\"ls0\">.143.4<span class=\"_ _1\"></span>08 </span>524<span class=\"ls0\">.426.2<span class=\"_ _1\"></span>67 </span>8.604.<span class=\"ls2b\">547 </span>317<span class=\"ls0\">.882.7<span class=\"_ _1\"></span>60 </span>326<span class=\"ls0\">.487.3<span class=\"_ _1\"></span>08 </span>Acr\u00e9scimos de Re<span class=\"_ _1\"></span>ndimento<span class=\"_ _1\"></span>s e Gastos Dife<span class=\"_ _1\"></span>ridos<span class=\"_ _1\"></span> As <span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>s de<span class=\"_ _3b\"></span> Acr\u00e9<span class=\"_ _0\"></span>sci<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o e <span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>rido<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>alh<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nfor<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> seg<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>: Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Acr\u00e9scimos de<span class=\"_ _1\"></span> rendimento<span class=\"_ _1\"></span> Juros a receber<span class=\"_ _1\"></span> -  718.888  Vendas de energia<span class=\"_ _1\"></span> 1.871.271 <span class=\"_ _1\"></span> 17.470.569 <span class=\"_ _1\"></span> Indemniza\u00e7\u00e3o segur<span class=\"_ _1\"></span>os  -  272.689  Outros 1.099.110 <span class=\"_ _1\"></span> 566.432  2.970.381  19.028.577 <span class=\"_ _1\"></span> Gastos diferid<span class=\"_ _1\"></span>os Seguros 289.531  -  Rendas e aluguere<span class=\"_ _1\"></span>s 9.938.537 <span class=\"_ _1\"></span> 8.312.244 <span class=\"_ _1\"></span> Outros 1.093.425 <span class=\"_ _1\"></span> 150.844  11.321.493 <span class=\"_ _1\"></span> 8.463.089  14.291.874 <span class=\"_ _1\"></span> 27.491.666 <span class=\"_ _1\"></span> A r<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> acr<span class=\"_ _0\"></span>\u00e9s<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ndim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s as<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>iad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gia<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> fac<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>erg<span class=\"_ _0\"></span>ia t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o, q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a ve<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>\u00e0 r<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>aut<span class=\"_ _0\"></span>ofa<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfPrepaymentsAndOtherAssetsExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-110-7": {
   "value": "4.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>ebe<span class=\"_ _0\"></span>r </span></span>31/12/22 31/12/21 N\u00e3o N\u00e3o Valores em Euros<span class=\"_ _1\"></span> Corrente Corrente Total Corrente Corrente Total Clientes -341.601.458341.601.458 -210.789.083210.789.083 Estado -59.852.61859.852.618 -44.603.38444.603.384 Incentivos finance<span class=\"_ _1\"></span>iros a receber<span class=\"_ _1\"></span> 13.219.416 13.239.88526.459.301 - - - Department of Co<span class=\"_ _1\"></span>mmerce (EUA)<span class=\"_ _1\"></span> - - - - 281.653 281.653 Enviva Pellets Gree<span class=\"_ _1\"></span>nwood, LLC (E<span class=\"_ _1\"></span>UA)<span class=\"_ _1\"></span> -8.168.4268.168.426 7.826.849 25.384.072 33.210.921 Acr\u00e9scimos de rend<span class=\"_ _1\"></span>imento -2.970.3812.970.381 -19.028.57719.028.577 Gastos diferidos<span class=\"_ _1\"></span> -11.321.49311.321.493 -8.463.0898.463.089 Instrumentos finance<span class=\"_ _1\"></span>iros derivado<span class=\"_ _1\"></span>s (Nota 8.2)<span class=\"_ _1\"></span> -48.514.44348.514.443 -1.630.9821.630.982 Outros 12.063.442 13.474.70425.538.147 777.698 7.701.9208.479.618 25<span class=\"ls0\">.</span>282<span class=\"ls0\">.<span class=\"_ _1\"></span>858 </span>499<span class=\"ls0\">.143.4<span class=\"_ _1\"></span>08 </span>524<span class=\"ls0\">.426.2<span class=\"_ _1\"></span>67 </span>8.604.<span class=\"ls2b\">547 </span>317<span class=\"ls0\">.882.7<span class=\"_ _1\"></span>60 </span>326<span class=\"ls0\">.487.3<span class=\"_ _1\"></span>08 </span>8.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>dos </span></span>Movimentos em instrumentos financeiros derivados 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span> Derivados de  Derivados  Total  Derivados de  Derivados  Total Valores em Euros<span class=\"_ _1\"></span> negocia\u00e7\u00e3o de cobertura l\u00edquido negocia\u00e7\u00e3o de cobertura l\u00edquido Saldo no in\u00edcio do p<span class=\"_ _1\"></span>er\u00edodo<span class=\"_ _1\"></span> (1<span class=\"ls0\">.728.458) </span>(4<span class=\"ls0\">.771.149) </span>(6<span class=\"ls0\">.499.606) </span>3.160.<span class=\"ls2b\">131 </span>(5<span class=\"ls0\">.336.693) </span>(2<span class=\"ls0\">.176.561) </span>Novos contratos / <span class=\"_ _1\"></span>liquida\u00e7\u00f5es<span class=\"_ _1\"></span> 2.<span class=\"ls24\">911</span>.822 (1<span class=\"ls0\">.<span class=\"ls24\">409</span>.252)<span class=\"_ _1\"></span> </span>1.<span class=\"ls24\">502</span>.569 (623.573)<span class=\"_ _1\"></span> 2.<span class=\"ls24\">326</span>.437 1.<span class=\"ls24\">702</span>.864 Varia\u00e7\u00e3o de just<span class=\"_ _1\"></span>o valor em (4<span class=\"ls0\">.<span class=\"ls24\">289</span>.597)<span class=\"_ _1\"></span> </span>(1<span class=\"ls0\">.<span class=\"ls24\">504</span>.772)<span class=\"_ _1\"></span> </span>(5<span class=\"ls0\">.<span class=\"ls24\">794</span>.369)<span class=\"_ _1\"></span> </span>(4<span class=\"ls0\">.<span class=\"ls24\">265</span>.016)<span class=\"_ _1\"></span> </span>(3<span class=\"ls0\">.<span class=\"ls24\">191</span>.640)<span class=\"_ _1\"></span> </span>(7<span class=\"ls0\">.<span class=\"ls24\">456</span>.656)<span class=\"_ _1\"></span> </span>resultados (Nota<span class=\"_ _1\"></span> 5.11) Varia\u00e7\u00e3o de just<span class=\"_ _1\"></span>o valor em outro rendimento <span class=\"_ _1\"></span>integral -54<span class=\"ls0\">.</span>623<span class=\"ls0\">.316</span>54<span class=\"ls0\">.</span>623<span class=\"ls0\">.316 </span>-1.<span class=\"ls24\">430</span>.7471.<span class=\"ls24\">430</span>.747 (Nota 5.5) Saldo no final do <span class=\"_ _1\"></span>per\u00edodo<span class=\"_ _1\"></span> (3<span class=\"ls0\">.106.233) </span>46<span class=\"ls0\">.</span>938<span class=\"_ _1\"></span><span class=\"ls0\">.143 </span>43<span class=\"ls0\">.</span>831<span class=\"ls0\">.<span class=\"_ _1\"></span>910 </span>(1<span class=\"ls0\">.728.458) </span>(4<span class=\"ls0\">.771.149) </span>(6<span class=\"ls0\">.499.607) </span>8.2.1.<span class=\"ffd ls0\"> <span class=\"_ _b0\"> </span><span class=\"ff3\">Detalhe e matur<span class=\"_ _1\"></span>idade dos instrume<span class=\"_ _1\"></span>ntos finance<span class=\"_ _1\"></span>iros derivado<span class=\"_ _1\"></span>s </span></span>por natureza<span class=\"_ _1\"></span> 31 de dezembro de 202<span class=\"_ _1\"></span>2<span class=\"fs16 fc5\"> </span> Positivos <span class=\"_ _0\"></span>  Negativos Valores em Euros<span class=\"_ _1\"></span>  Nocional <span class=\"_ _0\"></span>  Moeda  Maturidade <span class=\"_ _0\"></span> (Nota 4.2)  (Nota 4.3) <span class=\"_ _0\"></span>  L\u00edquido  De cobertura<span class=\"_ _1\"></span> Cobertura (vendas futu<span class=\"_ _1\"></span>ras)<span class=\"_ _1\"></span> 345<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>USD 2023 <span class=\"ls0\"> </span>6.<span class=\"ls24\">011</span>.256  -  6.<span class=\"ls24\">011</span>.256  Cobertura (vendas futu<span class=\"_ _1\"></span>ras)<span class=\"_ _1\"></span> 144<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>GBP 2023 <span class=\"ls0\"> </span>1.<span class=\"ls24\">294</span>.665  -  1.<span class=\"ls24\">294</span>.665  Swaps de taxa de jur<span class=\"_ _1\"></span>o (Swaps) -<span class=\"_ _1\"></span> Obriga\u00e7\u00f5e<span class=\"_ _1\"></span>s 375<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>EUR 2028 <span class=\"ls0\"> </span>31<span class=\"ls0\">.</span>949<span class=\"ls0\">.130  </span>-  31<span class=\"ls0\">.</span>949<span class=\"ls0\">.130  </span>Energia  50<span class=\"ls0\">.</span>521<span class=\"ls0\">.199  </span>EUR 2023 <span class=\"ls0\"> </span>7.<span class=\"ls24\">683</span>.092  -  7.<span class=\"ls24\">683</span>.092  46<span class=\"ls0\">.</span>938<span class=\"_ _1\"></span><span class=\"ls0\">.143  </span>-  46<span class=\"ls0\">.</span>938<span class=\"_ _1\"></span><span class=\"ls0\">.143  </span>De negocia\u00e7\u00e3o<span class=\"_ _1\"></span> Forwards<span class=\"ff1\"> camb<span class=\"_ _1\"></span>iais (vendas futuras)<span class=\"_ _1\"></span> </span>76<span class=\"ls0\">.</span>977<span class=\"ls0\">.456  </span>USD 2023 <span class=\"ls0\"> </span>1.<span class=\"ls24\">325</span>.016  (4<span class=\"ls0\">.<span class=\"ls24\">679</span>.289)<span class=\"_ _1\"></span> </span>(3<span class=\"ls0\">.<span class=\"ls24\">354</span>.273)<span class=\"_ _1\"></span> </span>Forwards<span class=\"ff1\"> camb<span class=\"_ _1\"></span>iais (vendas futuras)<span class=\"_ _1\"></span> </span>18<span class=\"ls0\">.</span>800<span class=\"ls0\">.000  </span>GBP 2023 <span class=\"ls0\"> </span>251<span class=\"ls0\">.</span>284 <span class=\"ls0\"> </span>-  251<span class=\"ls0\">.</span>284 <span class=\"ls0\"> </span>Forwards<span class=\"ff1\"> camb<span class=\"_ _1\"></span>iais (vendas futuras)<span class=\"_ _1\"></span> </span>1.<span class=\"ls24\">750</span>.000  CHF<span class=\"ls0\"> </span>2023 <span class=\"ls0\"> </span>-  (3<span class=\"ls0\">.244)<span class=\"_ _1\"></span> </span>(3<span class=\"ls0\">.244)<span class=\"_ _1\"></span> </span>1.576.<span class=\"ls2b\">300 <span class=\"_ _1\"></span></span> (4<span class=\"ls0\">.682.533) </span>(3<span class=\"ls0\">.106.233) </span>48<span class=\"ls0\">.</span>514<span class=\"_ _1\"></span><span class=\"ls0\">.443  </span>(4<span class=\"ls0\">.682.533) </span>43<span class=\"ls0\">.</span>831<span class=\"_ _1\"></span><span class=\"ls0\">.910  </span>31 de dezembro de 202<span class=\"_ _1\"></span>1<span class=\"fs16\"> </span> Positivos <span class=\"_ _0\"></span>  Negativos Valores em Euros<span class=\"_ _1\"></span>  Nocional <span class=\"_ _0\"></span>  Moeda  Maturidade <span class=\"_ _0\"></span> (Nota 4.2)  (Nota 4.3) <span class=\"_ _0\"></span>  L\u00edquido  De cobertura<span class=\"_ _1\"></span> Cobertura (vendas futu<span class=\"_ _1\"></span>ras)<span class=\"_ _1\"></span> 242<span class=\"ls0\">.</span>500<span class=\"ls0\">.000  </span>USD 2022 <span class=\"ls0\"> </span>9.<span class=\"ls24\">066 </span> (1<span class=\"ls0\">.<span class=\"ls24\">426</span>.675)<span class=\"_ _1\"></span> </span>(1<span class=\"ls0\">.<span class=\"ls24\">417</span>.609)<span class=\"_ _1\"></span> </span>Cobertura (vendas futu<span class=\"_ _1\"></span>ras)<span class=\"_ _1\"></span> 83<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>GBP 2022 <span class=\"ls0\"> </span>(483.940) (483.940) Swaps de taxa de jur<span class=\"_ _1\"></span>o (Swaps) -<span class=\"_ _1\"></span> Obriga\u00e7\u00f5e<span class=\"_ _1\"></span>s 375 000 000  EUR 2026 <span class=\"ls0\"> </span>1.<span class=\"ls24\">621</span>.916  (2<span class=\"ls0\">.<span class=\"ls24\">804</span>.403)<span class=\"_ _1\"></span> </span>(1<span class=\"ls0\">.<span class=\"ls24\">182</span>.487)<span class=\"_ _1\"></span> </span>Pasta BHKP<span class=\"_ _1\"></span> 27 120 000  USD 2022 <span class=\"ls0\"> </span>-  (1<span class=\"ls0\">.<span class=\"ls24\">687</span>.112)<span class=\"_ _1\"></span> </span>(1<span class=\"ls0\">.<span class=\"ls24\">687</span>.112)<span class=\"_ _1\"></span> </span>1.630.<span class=\"ls2b\">982 <span class=\"_ _1\"></span></span> (6<span class=\"ls0\">.402.130) </span>(4<span class=\"ls0\">.771.148) </span>De negocia\u00e7\u00e3o<span class=\"_ _1\"></span> Forwards<span class=\"ff1\"> camb<span class=\"_ _1\"></span>iais (vendas futuras)<span class=\"_ _1\"></span> </span>129<span class=\"ls0\">.</span>745<span class=\"ls0\">.503  </span>USD 2023 <span class=\"ls0\"> </span>-  (1<span class=\"ls0\">.<span class=\"ls24\">640</span>.154)<span class=\"_ _1\"></span> </span>(1<span class=\"ls0\">.<span class=\"ls24\">640</span>.154)<span class=\"_ _1\"></span> </span>Forwards<span class=\"ff1\"> camb<span class=\"_ _1\"></span>iais (vendas futuras)<span class=\"_ _1\"></span> </span>9.<span class=\"ls24\">050</span>.000  GBP 2021 <span class=\"ls0\"> </span>-  (86.856) (86.856) Forwards camb<span class=\"_ _1\"></span>iais (vendas futuras)<span class=\"_ _1\"></span> 300<span class=\"ls0\">.</span>000 <span class=\"ls0\"> </span>CHF<span class=\"ls0\"> </span>2021 <span class=\"ls0\"> </span>-  (1<span class=\"ls0\">.448)<span class=\"_ _1\"></span> </span>(1<span class=\"ls0\">.448)<span class=\"_ _1\"></span> </span>-  (1<span class=\"ls0\">.728.458) </span>(1<span class=\"ls0\">.728.458) </span>1.630.<span class=\"ls2b\">982 <span class=\"_ _1\"></span></span> (8<span class=\"ls0\">.130.589) </span>(6<span class=\"ls0\">.499.606) </span>Cobertura de vendas futuras | risco cambial EUR/USD e EUR/GBP No<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>rer<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00falti<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>sem<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>, o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>uiu <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>trum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>rin<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> US<span class=\"_ _0\"></span>D 3<span class=\"_ _0\"></span>45.<span class=\"_ _0\"></span>000<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0 e<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>BP 1<span class=\"_ _0\"></span>44<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0.0<span class=\"_ _0\"></span>00,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m Z<span class=\"_ _0\"></span>ero<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>st C<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>lar<span class=\"_ _0\"></span>, gar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>sim<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cobe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>do d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>exe<span class=\"_ _0\"></span>rc\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>023<span class=\"_ _0\"></span>. Cobertura de taxa de juro No<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>rer<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>trime<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntrat<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> sw<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e \u20ac7<span class=\"_ _0\"></span>5.0<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>.000<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>ixa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9s<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>o ob<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>gac<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ista<span class=\"_ _0\"></span> Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2-<span class=\"ff9\">2<span class=\"_ _0\"></span>028<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>no m<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u20ac15<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>000<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0, <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>n\u00edci<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Jun<span class=\"_ _0\"></span><span class=\"ff1\">-22<span class=\"_ _0\"></span>.  </span></span>Cobertura de Energia Fac<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u00e0 e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>osi\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o ao<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>\u00e7o d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>dur<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e o <span class=\"_ _0\"></span>\u00fal<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2 <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>deu<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>waps<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>xa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>e\u00e7o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>erg<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ox<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>253<span class=\"_ _0\"></span>.71<span class=\"_ _0\"></span>6 M<span class=\"_ _0\"></span>Wh,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Deze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>23. Estimativas e julgamentos Jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>trum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>os Sem<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>oss\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>o ju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tima<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>em i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> cot<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os.<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>a au<span class=\"_ _0\"></span>s\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>\u00e7os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>rav\u00e9<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do m\u00e9<span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>flux<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>ode<span class=\"_ _0\"></span>los<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>op\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>do c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>supo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>utili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span><span class=\"ff7\">.<span class=\"ff1\"> </span></span>8.3.2.<span class=\"ls0\"> <span class=\"_ _50\"> </span>Justo valor de ativos<span class=\"_ _1\"></span> e passivos fi<span class=\"_ _1\"></span>nanceiros<span class=\"_ _1\"></span> </span>Ativos e passivos financeiros mensurados ao justo valor 31/12/22 31/12/21 Valores em Euros<span class=\"_ _1\"></span>  N\u00edvel 1   N\u00edvel 2   N\u00edvel 3   N\u00edvel 1   N\u00edvel 2   N\u00edvel 3  Ativos financeir<span class=\"_ _1\"></span>os ao justo valor re<span class=\"_ _1\"></span>conhecidos e<span class=\"_ _1\"></span>m resultados      Derivados de nego<span class=\"_ _1\"></span>cia\u00e7\u00e3o (Nota<span class=\"_ _1\"></span> 8.2) -  1.<span class=\"ls24\">576</span>.300  -  -  -  -  Instrumentos finance<span class=\"_ _1\"></span>iros de cober<span class=\"_ _1\"></span>tura (Nota 8.2)<span class=\"_ _1\"></span> -  46<span class=\"ls0\">.</span>938<span class=\"ls0\">.143  </span>-  -  1.<span class=\"ls24\">630</span>.982  -  Ativos mensurado<span class=\"_ _1\"></span>s ao justo valor<span class=\"_ _1\"></span>      Ativos biol\u00f3g<span class=\"_ _1\"></span>icos (Nota 3.8)<span class=\"_ _1\"></span> -  -  122<span class=\"ls0\">.</span>499<span class=\"ls0\">.875  </span>-  -  147<span class=\"ls0\">.</span>324<span class=\"ls0\">.061  </span>Total de ativos<span class=\"_ _1\"></span> -  48<span class=\"ls0\">.</span>514<span class=\"ls0\">.<span class=\"_ _1\"></span>443  </span>122<span class=\"ls0\">.499.8<span class=\"_ _1\"></span>75  </span>-  1.630.<span class=\"ls2b\">982 <span class=\"_ _1\"></span></span> 147<span class=\"ls0\">.324.0<span class=\"_ _1\"></span>61  </span>Passivos finance<span class=\"_ _1\"></span>iros ao justo valor<span class=\"_ _1\"></span> reconhecidos<span class=\"_ _1\"></span> em resultados      Derivados de nego<span class=\"_ _1\"></span>cia\u00e7\u00e3o (Nota<span class=\"_ _1\"></span> 8.2) -  (4<span class=\"ls0\">.<span class=\"ls24\">682</span>.533)<span class=\"_ _1\"></span> </span>-  -  (1<span class=\"ls0\">.<span class=\"ls24\">728</span>.458)<span class=\"_ _1\"></span> </span>-  Instrumentos finance<span class=\"_ _1\"></span>iros de<span class=\"_ _1\"></span> cobertura (Nota <span class=\"_ _1\"></span>8.2) -  -  -  -  (6<span class=\"ls0\">.<span class=\"ls24\">402</span>.130)<span class=\"_ _1\"></span> </span>-  Total de pa<span class=\"_ _1\"></span>ssivos -  (4<span class=\"ls0\">.682.534) </span>-  -  (8<span class=\"ls0\">.130.588) </span>-  Estimativas e julgamentos Jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>iam<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>obt<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span>une<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>fix<span class=\"_ _0\"></span>a O j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os \u00e9<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>alc<span class=\"_ _0\"></span>ulad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>m\u00e9t<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s fl<span class=\"_ _0\"></span>ux<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ixa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s \u00e0 <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>elat<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>car<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00edst<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>enc<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o ao<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>l 2<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a hi<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>arq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>a IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>13<span class=\"_ _0\"></span><span class=\"ff7\">.<span class=\"ff1\"> </span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFairValueOfFinancialInstrumentsExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-110-8": {
   "value": "4.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>ebe<span class=\"_ _0\"></span>r </span></span>31/12/22 31/12/21 N\u00e3o N\u00e3o Valores em Euros<span class=\"_ _1\"></span> Corrente Corrente Total Corrente Corrente Total Clientes -341.601.458341.601.458 -210.789.083210.789.083 Estado -59.852.61859.852.618 -44.603.38444.603.384 Incentivos finance<span class=\"_ _1\"></span>iros a receber<span class=\"_ _1\"></span> 13.219.416 13.239.88526.459.301 - - - Department of Co<span class=\"_ _1\"></span>mmerce (EUA)<span class=\"_ _1\"></span> - - - - 281.653 281.653 Enviva Pellets Gree<span class=\"_ _1\"></span>nwood, LLC (E<span class=\"_ _1\"></span>UA)<span class=\"_ _1\"></span> -8.168.4268.168.426 7.826.849 25.384.072 33.210.921 Acr\u00e9scimos de rend<span class=\"_ _1\"></span>imento -2.970.3812.970.381 -19.028.57719.028.577 Gastos diferidos<span class=\"_ _1\"></span> -11.321.49311.321.493 -8.463.0898.463.089 Instrumentos finance<span class=\"_ _1\"></span>iros derivado<span class=\"_ _1\"></span>s (Nota 8.2)<span class=\"_ _1\"></span> -48.514.44348.514.443 -1.630.9821.630.982 Outros 12.063.442 13.474.70425.538.147 777.698 7.701.9208.479.618 25<span class=\"ls0\">.</span>282<span class=\"ls0\">.<span class=\"_ _1\"></span>858 </span>499<span class=\"ls0\">.143.4<span class=\"_ _1\"></span>08 </span>524<span class=\"ls0\">.426.2<span class=\"_ _1\"></span>67 </span>8.604.<span class=\"ls2b\">547 </span>317<span class=\"ls0\">.882.7<span class=\"_ _1\"></span>60 </span>326<span class=\"ls0\">.487.3<span class=\"_ _1\"></span>08 </span>8.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>dos </span></span>Movimentos em instrumentos financeiros derivados 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span> Derivados de  Derivados  Total  Derivados de  Derivados  Total Valores em Euros<span class=\"_ _1\"></span> negocia\u00e7\u00e3o de cobertura l\u00edquido negocia\u00e7\u00e3o de cobertura l\u00edquido Saldo no in\u00edcio do p<span class=\"_ _1\"></span>er\u00edodo<span class=\"_ _1\"></span> (1<span class=\"ls0\">.728.458) </span>(4<span class=\"ls0\">.771.149) </span>(6<span class=\"ls0\">.499.606) </span>3.160.<span class=\"ls2b\">131 </span>(5<span class=\"ls0\">.336.693) </span>(2<span class=\"ls0\">.176.561) </span>Novos contratos / <span class=\"_ _1\"></span>liquida\u00e7\u00f5es<span class=\"_ _1\"></span> 2.<span class=\"ls24\">911</span>.822 (1<span class=\"ls0\">.<span class=\"ls24\">409</span>.252)<span class=\"_ _1\"></span> </span>1.<span class=\"ls24\">502</span>.569 (623.573)<span class=\"_ _1\"></span> 2.<span class=\"ls24\">326</span>.437 1.<span class=\"ls24\">702</span>.864 Varia\u00e7\u00e3o de just<span class=\"_ _1\"></span>o valor em (4<span class=\"ls0\">.<span class=\"ls24\">289</span>.597)<span class=\"_ _1\"></span> </span>(1<span class=\"ls0\">.<span class=\"ls24\">504</span>.772)<span class=\"_ _1\"></span> </span>(5<span class=\"ls0\">.<span class=\"ls24\">794</span>.369)<span class=\"_ _1\"></span> </span>(4<span class=\"ls0\">.<span class=\"ls24\">265</span>.016)<span class=\"_ _1\"></span> </span>(3<span class=\"ls0\">.<span class=\"ls24\">191</span>.640)<span class=\"_ _1\"></span> </span>(7<span class=\"ls0\">.<span class=\"ls24\">456</span>.656)<span class=\"_ _1\"></span> </span>resultados (Nota<span class=\"_ _1\"></span> 5.11) Varia\u00e7\u00e3o de just<span class=\"_ _1\"></span>o valor em outro rendimento <span class=\"_ _1\"></span>integral -54<span class=\"ls0\">.</span>623<span class=\"ls0\">.316</span>54<span class=\"ls0\">.</span>623<span class=\"ls0\">.316 </span>-1.<span class=\"ls24\">430</span>.7471.<span class=\"ls24\">430</span>.747 (Nota 5.5) Saldo no final do <span class=\"_ _1\"></span>per\u00edodo<span class=\"_ _1\"></span> (3<span class=\"ls0\">.106.233) </span>46<span class=\"ls0\">.</span>938<span class=\"_ _1\"></span><span class=\"ls0\">.143 </span>43<span class=\"ls0\">.</span>831<span class=\"ls0\">.<span class=\"_ _1\"></span>910 </span>(1<span class=\"ls0\">.728.458) </span>(4<span class=\"ls0\">.771.149) </span>(6<span class=\"ls0\">.499.607) </span>8.2.1.<span class=\"ffd ls0\"> <span class=\"_ _b0\"> </span><span class=\"ff3\">Detalhe e matur<span class=\"_ _1\"></span>idade dos instrume<span class=\"_ _1\"></span>ntos finance<span class=\"_ _1\"></span>iros derivado<span class=\"_ _1\"></span>s </span></span>por natureza<span class=\"_ _1\"></span> 31 de dezembro de 202<span class=\"_ _1\"></span>2<span class=\"fs16 fc5\"> </span> Positivos <span class=\"_ _0\"></span>  Negativos Valores em Euros<span class=\"_ _1\"></span>  Nocional <span class=\"_ _0\"></span>  Moeda  Maturidade <span class=\"_ _0\"></span> (Nota 4.2)  (Nota 4.3) <span class=\"_ _0\"></span>  L\u00edquido  De cobertura<span class=\"_ _1\"></span> Cobertura (vendas futu<span class=\"_ _1\"></span>ras)<span class=\"_ _1\"></span> 345<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>USD 2023 <span class=\"ls0\"> </span>6.<span class=\"ls24\">011</span>.256  -  6.<span class=\"ls24\">011</span>.256  Cobertura (vendas futu<span class=\"_ _1\"></span>ras)<span class=\"_ _1\"></span> 144<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>GBP 2023 <span class=\"ls0\"> </span>1.<span class=\"ls24\">294</span>.665  -  1.<span class=\"ls24\">294</span>.665  Swaps de taxa de jur<span class=\"_ _1\"></span>o (Swaps) -<span class=\"_ _1\"></span> Obriga\u00e7\u00f5e<span class=\"_ _1\"></span>s 375<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>EUR 2028 <span class=\"ls0\"> </span>31<span class=\"ls0\">.</span>949<span class=\"ls0\">.130  </span>-  31<span class=\"ls0\">.</span>949<span class=\"ls0\">.130  </span>Energia  50<span class=\"ls0\">.</span>521<span class=\"ls0\">.199  </span>EUR 2023 <span class=\"ls0\"> </span>7.<span class=\"ls24\">683</span>.092  -  7.<span class=\"ls24\">683</span>.092  46<span class=\"ls0\">.</span>938<span class=\"_ _1\"></span><span class=\"ls0\">.143  </span>-  46<span class=\"ls0\">.</span>938<span class=\"_ _1\"></span><span class=\"ls0\">.143  </span>De negocia\u00e7\u00e3o<span class=\"_ _1\"></span> Forwards<span class=\"ff1\"> camb<span class=\"_ _1\"></span>iais (vendas futuras)<span class=\"_ _1\"></span> </span>76<span class=\"ls0\">.</span>977<span class=\"ls0\">.456  </span>USD 2023 <span class=\"ls0\"> </span>1.<span class=\"ls24\">325</span>.016  (4<span class=\"ls0\">.<span class=\"ls24\">679</span>.289)<span class=\"_ _1\"></span> </span>(3<span class=\"ls0\">.<span class=\"ls24\">354</span>.273)<span class=\"_ _1\"></span> </span>Forwards<span class=\"ff1\"> camb<span class=\"_ _1\"></span>iais (vendas futuras)<span class=\"_ _1\"></span> </span>18<span class=\"ls0\">.</span>800<span class=\"ls0\">.000  </span>GBP 2023 <span class=\"ls0\"> </span>251<span class=\"ls0\">.</span>284 <span class=\"ls0\"> </span>-  251<span class=\"ls0\">.</span>284 <span class=\"ls0\"> </span>Forwards<span class=\"ff1\"> camb<span class=\"_ _1\"></span>iais (vendas futuras)<span class=\"_ _1\"></span> </span>1.<span class=\"ls24\">750</span>.000  CHF<span class=\"ls0\"> </span>2023 <span class=\"ls0\"> </span>-  (3<span class=\"ls0\">.244)<span class=\"_ _1\"></span> </span>(3<span class=\"ls0\">.244)<span class=\"_ _1\"></span> </span>1.576.<span class=\"ls2b\">300 <span class=\"_ _1\"></span></span> (4<span class=\"ls0\">.682.533) </span>(3<span class=\"ls0\">.106.233) </span>48<span class=\"ls0\">.</span>514<span class=\"_ _1\"></span><span class=\"ls0\">.443  </span>(4<span class=\"ls0\">.682.533) </span>43<span class=\"ls0\">.</span>831<span class=\"_ _1\"></span><span class=\"ls0\">.910  </span>31 de dezembro de 202<span class=\"_ _1\"></span>1<span class=\"fs16\"> </span> Positivos <span class=\"_ _0\"></span>  Negativos Valores em Euros<span class=\"_ _1\"></span>  Nocional <span class=\"_ _0\"></span>  Moeda  Maturidade <span class=\"_ _0\"></span> (Nota 4.2)  (Nota 4.3) <span class=\"_ _0\"></span>  L\u00edquido  De cobertura<span class=\"_ _1\"></span> Cobertura (vendas futu<span class=\"_ _1\"></span>ras)<span class=\"_ _1\"></span> 242<span class=\"ls0\">.</span>500<span class=\"ls0\">.000  </span>USD 2022 <span class=\"ls0\"> </span>9.<span class=\"ls24\">066 </span> (1<span class=\"ls0\">.<span class=\"ls24\">426</span>.675)<span class=\"_ _1\"></span> </span>(1<span class=\"ls0\">.<span class=\"ls24\">417</span>.609)<span class=\"_ _1\"></span> </span>Cobertura (vendas futu<span class=\"_ _1\"></span>ras)<span class=\"_ _1\"></span> 83<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>GBP 2022 <span class=\"ls0\"> </span>(483.940) (483.940) Swaps de taxa de jur<span class=\"_ _1\"></span>o (Swaps) -<span class=\"_ _1\"></span> Obriga\u00e7\u00f5e<span class=\"_ _1\"></span>s 375 000 000  EUR 2026 <span class=\"ls0\"> </span>1.<span class=\"ls24\">621</span>.916  (2<span class=\"ls0\">.<span class=\"ls24\">804</span>.403)<span class=\"_ _1\"></span> </span>(1<span class=\"ls0\">.<span class=\"ls24\">182</span>.487)<span class=\"_ _1\"></span> </span>Pasta BHKP<span class=\"_ _1\"></span> 27 120 000  USD 2022 <span class=\"ls0\"> </span>-  (1<span class=\"ls0\">.<span class=\"ls24\">687</span>.112)<span class=\"_ _1\"></span> </span>(1<span class=\"ls0\">.<span class=\"ls24\">687</span>.112)<span class=\"_ _1\"></span> </span>1.630.<span class=\"ls2b\">982 <span class=\"_ _1\"></span></span> (6<span class=\"ls0\">.402.130) </span>(4<span class=\"ls0\">.771.148) </span>De negocia\u00e7\u00e3o<span class=\"_ _1\"></span> Forwards<span class=\"ff1\"> camb<span class=\"_ _1\"></span>iais (vendas futuras)<span class=\"_ _1\"></span> </span>129<span class=\"ls0\">.</span>745<span class=\"ls0\">.503  </span>USD 2023 <span class=\"ls0\"> </span>-  (1<span class=\"ls0\">.<span class=\"ls24\">640</span>.154)<span class=\"_ _1\"></span> </span>(1<span class=\"ls0\">.<span class=\"ls24\">640</span>.154)<span class=\"_ _1\"></span> </span>Forwards<span class=\"ff1\"> camb<span class=\"_ _1\"></span>iais (vendas futuras)<span class=\"_ _1\"></span> </span>9.<span class=\"ls24\">050</span>.000  GBP 2021 <span class=\"ls0\"> </span>-  (86.856) (86.856) Forwards camb<span class=\"_ _1\"></span>iais (vendas futuras)<span class=\"_ _1\"></span> 300<span class=\"ls0\">.</span>000 <span class=\"ls0\"> </span>CHF<span class=\"ls0\"> </span>2021 <span class=\"ls0\"> </span>-  (1<span class=\"ls0\">.448)<span class=\"_ _1\"></span> </span>(1<span class=\"ls0\">.448)<span class=\"_ _1\"></span> </span>-  (1<span class=\"ls0\">.728.458) </span>(1<span class=\"ls0\">.728.458) </span>1.630.<span class=\"ls2b\">982 <span class=\"_ _1\"></span></span> (8<span class=\"ls0\">.130.589) </span>(6<span class=\"ls0\">.499.606) </span>Cobertura de vendas futuras | risco cambial EUR/USD e EUR/GBP No<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>rer<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00falti<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>sem<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>, o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>uiu <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>trum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>rin<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> US<span class=\"_ _0\"></span>D 3<span class=\"_ _0\"></span>45.<span class=\"_ _0\"></span>000<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0 e<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>BP 1<span class=\"_ _0\"></span>44<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0.0<span class=\"_ _0\"></span>00,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m Z<span class=\"_ _0\"></span>ero<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>st C<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>lar<span class=\"_ _0\"></span>, gar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>sim<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cobe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>do d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>exe<span class=\"_ _0\"></span>rc\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>023<span class=\"_ _0\"></span>. Cobertura de taxa de juro No<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>rer<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>trime<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntrat<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> sw<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e \u20ac7<span class=\"_ _0\"></span>5.0<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>.000<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>ixa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9s<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>o ob<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>gac<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ista<span class=\"_ _0\"></span> Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2-<span class=\"ff9\">2<span class=\"_ _0\"></span>028<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>no m<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u20ac15<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>000<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0, <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>n\u00edci<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Jun<span class=\"_ _0\"></span><span class=\"ff1\">-22<span class=\"_ _0\"></span>.  </span></span>Cobertura de Energia Fac<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u00e0 e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>osi\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o ao<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>\u00e7o d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>dur<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e o <span class=\"_ _0\"></span>\u00fal<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2 <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>deu<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>waps<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>xa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>e\u00e7o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>erg<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ox<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>253<span class=\"_ _0\"></span>.71<span class=\"_ _0\"></span>6 M<span class=\"_ _0\"></span>Wh,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Deze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>23. Estimativas e julgamentos Jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>trum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>os Sem<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>oss\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>o ju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tima<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>em i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> cot<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os.<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>a au<span class=\"_ _0\"></span>s\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>\u00e7os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>rav\u00e9<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do m\u00e9<span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>flux<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>ode<span class=\"_ _0\"></span>los<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>op\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>do c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>supo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>utili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span><span class=\"ff7\">.<span class=\"ff1\"> </span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDerivativeFinancialInstrumentsExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-109-2": {
   "value": "Estado A r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Est<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>orme<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>egu<span class=\"_ _0\"></span>e: Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Imposto sobre o<span class=\"_ _1\"></span> Valor Acrescenta<span class=\"_ _1\"></span>do a recuperar<span class=\"_ _1\"></span> 15.023.507 6.848.780 Imposto sobre o<span class=\"_ _1\"></span> Valor Acrescenta<span class=\"_ _1\"></span>do - Ree<span class=\"_ _1\"></span>mbolsos pedidos<span class=\"_ _1\"></span> 44.829.111 37.752.134 Valores pendentes<span class=\"_ _1\"></span> de reembolso (<span class=\"_ _1\"></span>processos fiscais de<span class=\"_ _1\"></span>cididos a favor<span class=\"_ _1\"></span> do <span class=\"_ _1\"></span>Grupo)<span class=\"_ _1\"></span> - 2.470 59.852.618 44.603.384 O m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ols<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 d<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>a-se<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> por<span class=\"_ _3b\"></span> m\u00eas: Valores em Euros<span class=\"_ _1\"></span> Nov/2022 Dez/2022 Total The Navigator C<span class=\"_ _1\"></span>ompany, S.A.<span class=\"_ _1\"></span> 10.628.467 31.706.624 42.335.091 Bosques do At<span class=\"_ _1\"></span>l\u00e2ntico, S.L. -2.494.0202.494.020 10.628.467 34.200.64444.829.111 At\u00e9<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>\u00f3ri<span class=\"_ _0\"></span>o, f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span><span class=\"ff9\">re<span class=\"_ _0\"></span>cebi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s \u20ac4<span class=\"_ _0\"></span>2.<span class=\"_ _0\"></span>33<span class=\"_ _0\"></span>5<span class=\"ff1\">.09<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tes <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> abe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>31 </span></span>de <span class=\"ls0\">dez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22. </span>O m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ols<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>a-se<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esa <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> m\u00ea<span class=\"_ _0\"></span>s: Valores em Euros<span class=\"_ _1\"></span> Nov/2021 Dez/2021 Total The Navigator C<span class=\"_ _1\"></span>ompany, S.A.<span class=\"_ _1\"></span> 20.331.270 15.631.403 35.962.673 Sociedade de V<span class=\"_ _1\"></span>inhos da Herdade d<span class=\"_ _1\"></span>e Espirra, S.A.<span class=\"_ _1\"></span> - 30.000 30.000 Eucaliptusland<span class=\"_ _1\"></span> 50.000 - 50.000 Bosques do At<span class=\"_ _1\"></span>l\u00e2ntico, S.L. -1.709.4611.709.461 20.381.270 17.370.86437.752.134 Tod<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stes<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>oram<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>bid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> 1.<span class=\"_ _0\"></span>\u00ba sem<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2022<span class=\"_ _0\"></span>. 4.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>ebe<span class=\"_ _0\"></span>r </span></span>31/12/22 31/12/21 N\u00e3o N\u00e3o Valores em Euros<span class=\"_ _1\"></span> Corrente Corrente Total Corrente Corrente Total Clientes -341.601.458341.601.458 -210.789.083210.789.083 Estado -59.852.61859.852.618 -44.603.38444.603.384 Incentivos finance<span class=\"_ _1\"></span>iros a receber<span class=\"_ _1\"></span> 13.219.416 13.239.88526.459.301 - - - Department of Co<span class=\"_ _1\"></span>mmerce (EUA)<span class=\"_ _1\"></span> - - - - 281.653 281.653 Enviva Pellets Gree<span class=\"_ _1\"></span>nwood, LLC (E<span class=\"_ _1\"></span>UA)<span class=\"_ _1\"></span> -8.168.4268.168.426 7.826.849 25.384.072 33.210.921 Acr\u00e9scimos de rend<span class=\"_ _1\"></span>imento -2.970.3812.970.381 -19.028.57719.028.577 Gastos diferidos<span class=\"_ _1\"></span> -11.321.49311.321.493 -8.463.0898.463.089 Instrumentos finance<span class=\"_ _1\"></span>iros derivado<span class=\"_ _1\"></span>s (Nota 8.2)<span class=\"_ _1\"></span> -48.514.44348.514.443 -1.630.9821.630.982 Outros 12.063.442 13.474.70425.538.147 777.698 7.701.9208.479.618 25<span class=\"ls0\">.</span>282<span class=\"ls0\">.<span class=\"_ _1\"></span>858 </span>499<span class=\"ls0\">.143.4<span class=\"_ _1\"></span>08 </span>524<span class=\"ls0\">.426.2<span class=\"_ _1\"></span>67 </span>8.604.<span class=\"ls2b\">547 </span>317<span class=\"ls0\">.882.7<span class=\"_ _1\"></span>60 </span>326<span class=\"ls0\">.487.3<span class=\"_ _1\"></span>08 </span>Acr\u00e9scimos de Re<span class=\"_ _1\"></span>ndimento<span class=\"_ _1\"></span>s e Gastos Dife<span class=\"_ _1\"></span>ridos<span class=\"_ _1\"></span> As <span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>s de<span class=\"_ _3b\"></span> Acr\u00e9<span class=\"_ _0\"></span>sci<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o e <span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>rido<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>alh<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nfor<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> seg<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>: Incentivos finan<span class=\"_ _1\"></span>ceiros a rece<span class=\"_ _1\"></span>ber A r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ue: 31/12/22 Valores em Euros<span class=\"_ _1\"></span> N\u00e3o Corrent<span class=\"_ _0\"></span>e Corrente Total - Contratos AICEP<span class=\"_ _1\"></span> 6.596.378 9.721.792 16.318.170 Plano de Recupe<span class=\"_ _1\"></span>ra\u00e7\u00e3o e Res<span class=\"_ _1\"></span>ili\u00eancia 3.621.520 483.757 4.105.277 Outros 3.001.518 3.034.336 6.035.854 13.219.416 13.239.885 26.459.301 Department of C<span class=\"_ _1\"></span>ommerce (E<span class=\"_ _1\"></span>UA)<span class=\"_ _1\"></span> A 3<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>ald<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>ebe<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Dep<span class=\"_ _0\"></span>artm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>f Com<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>e (<span class=\"_ _0\"></span>DoC)<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>u\u00eanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tig<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nic<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>201<span class=\"_ _0\"></span>5 <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>aleg<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e1tic<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>e du<span class=\"_ _0\"></span>mpi<span class=\"_ _0\"></span>ng <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>orta<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> UWF<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> Es<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>Am\u00e9<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>, po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>te d<span class=\"_ _0\"></span>a sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>ria <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ator<span class=\"_ _3b\"></span>. Dur<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>21,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Dep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>nt o<span class=\"_ _0\"></span>f C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>ce <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nfir<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>car<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>a ao<span class=\"_ _0\"></span> 4.<span class=\"_ _0\"></span>\u00ba pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>vis\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>een<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>do e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>mar<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 201<span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>m 2<span class=\"_ _0\"></span>,21%<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o qu<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>beu<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac<span class=\"_ _0\"></span>281.<span class=\"_ _0\"></span>65<span class=\"_ _0\"></span>3 p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>p\u00f3<span class=\"_ _0\"></span>sitos<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>etu<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>paga<span class=\"_ _0\"></span>r. <span class=\"_ _0\"></span> Em<span class=\"ls0\"> <span class=\"ls16\">2022 </span>foi<span class=\"_ _3b\"></span> igual<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onfir<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a ao<span class=\"_ _0\"></span> 5<span class=\"_ _0\"></span>\u00ba p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>revi<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o </span>en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ar\u00e7<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>0 e<span class=\"_ _0\"></span> fe<span class=\"_ _0\"></span>vere<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1, e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>5,8<span class=\"_ _0\"></span>1%,<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> abe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>o os<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de re<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>seq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> (6<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> 7)<span class=\"_ _0\"></span>. R<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>\u00eas<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>a-se<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r te<span class=\"_ _0\"></span>nha<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>ao<span class=\"_ _0\"></span> Do<span class=\"_ _0\"></span>C c<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ca d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>5,6<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>lh\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> eur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>Nota <span class=\"_ _0\"></span>4.3<span class=\"_ _0\"></span>).<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo r<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>odos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>4 a<span class=\"_ _0\"></span>sce<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a \u20ac1<span class=\"_ _0\"></span>5.6<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>.783<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ue:<span class=\"ff1\"> </span>Valores em Euros<span class=\"_ _1\"></span> Montante p<span class=\"_ _0\"></span>ago pelo Grupo<span class=\"_ _0\"></span> Per\u00edodos de<span class=\"_ _1\"></span> revis\u00e3o (POR)<span class=\"_ _1\"></span> POR 1: Ago 15 <span class=\"_ _1\"></span>- Fev 17 3.743.640 POR 2: Mar 17 -<span class=\"_ _1\"></span> Fev 18 2.011.029 POR 3: Mar 18 -<span class=\"_ _1\"></span> Fev 19 7.089.677 POR 4: Mar-19<span class=\"_ _1\"></span> - Fev 20 2.767.437 15.611.783 Enviva Pellets Gre<span class=\"_ _1\"></span>enwood, LLC<span class=\"_ _1\"></span> (EUA)<span class=\"_ _1\"></span> Re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> o v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>atua<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>tant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>\u00f3ci<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ets <span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> EU<span class=\"_ _0\"></span>A, em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>18<span class=\"_ _0\"></span>. S<span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r no<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>cebe<span class=\"_ _0\"></span>r,<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> US<span class=\"_ _0\"></span>D, <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ncem<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 2,<span class=\"_ _0\"></span>5% <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ota <span class=\"_ _0\"></span>5.1<span class=\"_ _0\"></span>0<span class=\"lsd\">).</span> Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Acr\u00e9scimos de<span class=\"_ _1\"></span> rendimento<span class=\"_ _1\"></span> Juros a receber<span class=\"_ _1\"></span> -  718.888  Vendas de energia<span class=\"_ _1\"></span> 1.871.271 <span class=\"_ _1\"></span> 17.470.569 <span class=\"_ _1\"></span> Indemniza\u00e7\u00e3o segur<span class=\"_ _1\"></span>os  -  272.689  Outros 1.099.110 <span class=\"_ _1\"></span> 566.432  2.970.381  19.028.577 <span class=\"_ _1\"></span> Gastos diferid<span class=\"_ _1\"></span>os Seguros 289.531  -  Rendas e aluguere<span class=\"_ _1\"></span>s 9.938.537 <span class=\"_ _1\"></span> 8.312.244 <span class=\"_ _1\"></span> Outros 1.093.425 <span class=\"_ _1\"></span> 150.844  11.321.493 <span class=\"_ _1\"></span> 8.463.089  14.291.874 <span class=\"_ _1\"></span> 27.491.666 <span class=\"_ _1\"></span> A r<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> acr<span class=\"_ _0\"></span>\u00e9s<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ndim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s as<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>iad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gia<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> fac<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>erg<span class=\"_ _0\"></span>ia t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o, q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a ve<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>\u00e0 r<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>aut<span class=\"_ _0\"></span>ofa<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> Outros valores <span class=\"_ _1\"></span>a receber<span class=\"_ _1\"></span> As <span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>s de<span class=\"_ _3b\"></span> outr<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>orre<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>alha<span class=\"_ _0\"></span>m-s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>egu<span class=\"_ _0\"></span>e: Outros valores a receber n\u00e3o correntes Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Valor cativo de res<span class=\"_ _1\"></span>seguro 11.200.000 <span class=\"_ _1\"></span> -  Fundo Compensa\u00e7\u00e3<span class=\"_ _1\"></span>o Trabalho <span class=\"_ _1\"></span> 752.840  687.850  Cau\u00e7\u00f5es  41.002  40.248  Outras participa\u00e7<span class=\"_ _1\"></span>\u00f5es (Almascience<span class=\"_ _1\"></span> , Forestwise, Ce<span class=\"_ _1\"></span>colab, Colab B<span class=\"_ _1\"></span>IOREF)<span class=\"_ _1\"></span> 69.600  49.600  12.063.442 <span class=\"_ _1\"></span> 777.698  O <span class=\"ff9 ls0\">mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u20ac11.<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>0.00<span class=\"_ _0\"></span>0 r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gurad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>\u00e2mb<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>rog<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e </span>se<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>aze<span class=\"_ _0\"></span>r fa<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pot<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ciai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>istr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o. Outros valores a receber correntes Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Adiantamentos ao<span class=\"_ _1\"></span> pessoal 113.456  472.657  Adiantamentos a <span class=\"_ _1\"></span>Fornecedores<span class=\"_ _1\"></span> 11.286.508 <span class=\"_ _1\"></span> 630.459  Outros devedores<span class=\"_ _1\"></span> 2.074.740 <span class=\"_ _1\"></span> 6.598.803 <span class=\"_ _1\"></span> 13.474.704 <span class=\"_ _1\"></span> 7.701.920  O a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Adian<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s <span class=\"ls15\">a </span>F<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ced<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>adi<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s no <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> por<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>made<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfTradeAndOtherReceivablesExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-109-3": {
   "value": "Estado A r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Est<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>orme<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>egu<span class=\"_ _0\"></span>e: Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Imposto sobre o<span class=\"_ _1\"></span> Valor Acrescenta<span class=\"_ _1\"></span>do a recuperar<span class=\"_ _1\"></span> 15.023.507 6.848.780 Imposto sobre o<span class=\"_ _1\"></span> Valor Acrescenta<span class=\"_ _1\"></span>do - Ree<span class=\"_ _1\"></span>mbolsos pedidos<span class=\"_ _1\"></span> 44.829.111 37.752.134 Valores pendentes<span class=\"_ _1\"></span> de reembolso (<span class=\"_ _1\"></span>processos fiscais de<span class=\"_ _1\"></span>cididos a favor<span class=\"_ _1\"></span> do <span class=\"_ _1\"></span>Grupo)<span class=\"_ _1\"></span> - 2.470 59.852.618 44.603.384 O m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ols<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 d<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>a-se<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> por<span class=\"_ _3b\"></span> m\u00eas: Valores em Euros<span class=\"_ _1\"></span> Nov/2022 Dez/2022 Total The Navigator C<span class=\"_ _1\"></span>ompany, S.A.<span class=\"_ _1\"></span> 10.628.467 31.706.624 42.335.091 Bosques do At<span class=\"_ _1\"></span>l\u00e2ntico, S.L. -2.494.0202.494.020 10.628.467 34.200.64444.829.111 At\u00e9<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>\u00f3ri<span class=\"_ _0\"></span>o, f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span><span class=\"ff9\">re<span class=\"_ _0\"></span>cebi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s \u20ac4<span class=\"_ _0\"></span>2.<span class=\"_ _0\"></span>33<span class=\"_ _0\"></span>5<span class=\"ff1\">.09<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tes <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> abe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>31 </span></span>de <span class=\"ls0\">dez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22. </span>O m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ols<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>a-se<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esa <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> m\u00ea<span class=\"_ _0\"></span>s: Valores em Euros<span class=\"_ _1\"></span> Nov/2021 Dez/2021 Total The Navigator C<span class=\"_ _1\"></span>ompany, S.A.<span class=\"_ _1\"></span> 20.331.270 15.631.403 35.962.673 Sociedade de V<span class=\"_ _1\"></span>inhos da Herdade d<span class=\"_ _1\"></span>e Espirra, S.A.<span class=\"_ _1\"></span> - 30.000 30.000 Eucaliptusland<span class=\"_ _1\"></span> 50.000 - 50.000 Bosques do At<span class=\"_ _1\"></span>l\u00e2ntico, S.L. -1.709.4611.709.461 20.381.270 17.370.86437.752.134 Tod<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stes<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>oram<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>bid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> 1.<span class=\"_ _0\"></span>\u00ba sem<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2022<span class=\"_ _0\"></span>. 4.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>ebe<span class=\"_ _0\"></span>r </span></span>31/12/22 31/12/21 N\u00e3o N\u00e3o Valores em Euros<span class=\"_ _1\"></span> Corrente Corrente Total Corrente Corrente Total Clientes -341.601.458341.601.458 -210.789.083210.789.083 Estado -59.852.61859.852.618 -44.603.38444.603.384 Incentivos finance<span class=\"_ _1\"></span>iros a receber<span class=\"_ _1\"></span> 13.219.416 13.239.88526.459.301 - - - Department of Co<span class=\"_ _1\"></span>mmerce (EUA)<span class=\"_ _1\"></span> - - - - 281.653 281.653 Enviva Pellets Gree<span class=\"_ _1\"></span>nwood, LLC (E<span class=\"_ _1\"></span>UA)<span class=\"_ _1\"></span> -8.168.4268.168.426 7.826.849 25.384.072 33.210.921 Acr\u00e9scimos de rend<span class=\"_ _1\"></span>imento -2.970.3812.970.381 -19.028.57719.028.577 Gastos diferidos<span class=\"_ _1\"></span> -11.321.49311.321.493 -8.463.0898.463.089 Instrumentos finance<span class=\"_ _1\"></span>iros derivado<span class=\"_ _1\"></span>s (Nota 8.2)<span class=\"_ _1\"></span> -48.514.44348.514.443 -1.630.9821.630.982 Outros 12.063.442 13.474.70425.538.147 777.698 7.701.9208.479.618 25<span class=\"ls0\">.</span>282<span class=\"ls0\">.<span class=\"_ _1\"></span>858 </span>499<span class=\"ls0\">.143.4<span class=\"_ _1\"></span>08 </span>524<span class=\"ls0\">.426.2<span class=\"_ _1\"></span>67 </span>8.604.<span class=\"ls2b\">547 </span>317<span class=\"ls0\">.882.7<span class=\"_ _1\"></span>60 </span>326<span class=\"ls0\">.487.3<span class=\"_ _1\"></span>08 </span>4.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>ar </span></span>Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Fornecedores c/c <span class=\"_ _1\"></span> 207.316.143 <span class=\"_ _1\"></span> 174.618.029 <span class=\"_ _1\"></span> Fornecedores de <span class=\"_ _1\"></span>imobilizado c/c<span class=\"_ _1\"></span> 5.134.947 <span class=\"_ _1\"></span> 2.789.501 <span class=\"_ _1\"></span> Estado 44.299.175 <span class=\"_ _1\"></span> 27.246.422 <span class=\"_ _1\"></span> Partes relaciona<span class=\"_ _1\"></span>das (Nota 11.3)<span class=\"_ _1\"></span> 156.764  1.264.454 <span class=\"_ _1\"></span> Outros credores <span class=\"_ _1\"></span>- licen\u00e7as de e<span class=\"_ _1\"></span>miss\u00e3o CO2<span class=\"_ _1\"></span> 44.830.523 <span class=\"_ _1\"></span> 21.353.771 <span class=\"_ _1\"></span> Consolida\u00e7\u00e3o f<span class=\"_ _1\"></span>iscal (Semapa) (<span class=\"_ _1\"></span>Nota 11.3)<span class=\"_ _1\"></span> -  6.447.546 <span class=\"_ _1\"></span> Outros credores (<span class=\"_ _1\"></span>Nota 5.4) 5.693.320 <span class=\"_ _1\"></span> 2.392.990 <span class=\"_ _1\"></span> Instrumentos finance<span class=\"_ _1\"></span>iros derivado<span class=\"_ _1\"></span>s (Nota 8.2)<span class=\"_ _1\"></span> 4.682.533 <span class=\"_ _1\"></span> 8.130.589 <span class=\"_ _1\"></span> Acr\u00e9scimos de gast<span class=\"_ _1\"></span>os com o pesso<span class=\"_ _1\"></span>al 52.435.012 <span class=\"_ _1\"></span> 30.613.080 <span class=\"_ _1\"></span> Acr\u00e9scimos de gast<span class=\"_ _1\"></span>os - juros a <span class=\"_ _1\"></span>pagar 4.032.370 <span class=\"_ _1\"></span> 6.711.797 <span class=\"_ _1\"></span> B\u00f3nus a pagar a <span class=\"_ _1\"></span>Fornecedores<span class=\"_ _1\"></span> 5.687.729 <span class=\"_ _1\"></span> 4.294.936 <span class=\"_ _1\"></span> Taxa de recursos h<span class=\"_ _1\"></span>\u00eddricos<span class=\"_ _1\"></span> 1.461.937 <span class=\"_ _1\"></span> 1.096.148 <span class=\"_ _1\"></span> Responsabilidade<span class=\"_ _1\"></span> com rendas<span class=\"_ _1\"></span> 17.461.167 <span class=\"_ _1\"></span> 15.634.141 <span class=\"_ _1\"></span> Outros acr\u00e9sci<span class=\"_ _1\"></span>mos de gastos<span class=\"_ _1\"></span> 17.130.610 <span class=\"_ _1\"></span> 5.513.017 <span class=\"_ _1\"></span> Subs\u00eddios n\u00e3o ree<span class=\"_ _1\"></span>mbols\u00e1veis<span class=\"_ _1\"></span> 9.290.430 <span class=\"_ _1\"></span> 5.689.791 <span class=\"_ _1\"></span> Valores a pagar <span class=\"_ _1\"></span>- corrente<span class=\"_ _1\"></span> 575.467.689 <span class=\"_ _1\"></span> 393.161.894 <span class=\"_ _1\"></span> Subs\u00eddios n\u00e3o ree<span class=\"_ _1\"></span>mbols\u00e1veis<span class=\"_ _1\"></span> 30.545.424 <span class=\"_ _1\"></span> 28.460.138 <span class=\"_ _1\"></span> Department of Co<span class=\"_ _1\"></span>mmerce (EUA) <span class=\"_ _1\"></span>(Nota 4.2)<span class=\"_ _1\"></span> 4.306.974 <span class=\"_ _1\"></span> 8.554.289 <span class=\"_ _1\"></span> Valores a pagar <span class=\"_ _1\"></span>- N\u00e3o corren<span class=\"_ _1\"></span>te 34.852.398 <span class=\"_ _1\"></span> 37.014.427 <span class=\"_ _1\"></span> 610.320.087 <span class=\"_ _1\"></span> 430.176.321 <span class=\"_ _1\"></span> O a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> o p<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>al r<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lta<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onhe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>um v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> mai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>gam<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>023,<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>gad<span class=\"_ _0\"></span>os, <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te ao <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9mi<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>dut<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>4\u00ba <span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>stre<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ama <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>esci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>. Estado - Det<span class=\"_ _1\"></span>alhe Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Reten\u00e7\u00f5es de Impost<span class=\"_ _1\"></span>o sobre o Re<span class=\"_ _1\"></span>ndimento<span class=\"_ _1\"></span> (IRS) 4.209.006 <span class=\"_ _1\"></span> 3.298.154 <span class=\"_ _1\"></span> Imposto sobre o<span class=\"_ _1\"></span> Valor Acrescenta<span class=\"_ _1\"></span>do 36.628.850 <span class=\"_ _1\"></span> 20.793.757 <span class=\"_ _1\"></span> Contribui\u00e7\u00f5es para<span class=\"_ _1\"></span> a Seguran\u00e7a S<span class=\"_ _1\"></span>ocial<span class=\"_ _1\"></span> 2.470.143 <span class=\"_ _1\"></span> 2.202.736 <span class=\"_ _1\"></span> Outros 991.176  951.775  44.299.175 <span class=\"_ _1\"></span> 27.246.422 <span class=\"_ _1\"></span> Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> <span class=\"ls16\">2021</span>, <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tiam<span class=\"_ _0\"></span> d\u00ed<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>as e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tua\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o E<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfTaxReceivablesAndPayablesExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-115-3": {
   "value": "Pol\u00edticas Contabil\u00edsticas Cl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>deve<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>es Cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o Os <span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Cl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ulta<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>delo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ne<span class=\"_ _0\"></span>g\u00f3c<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>do \u00e9<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>uxo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>aix<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>tuais<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ved<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>m n<span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>del<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>\u00f3ci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> flu<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tuai<span class=\"_ _0\"></span>s. Me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al Ao <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span>. Me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e Ao <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tiz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>zido<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>arid<span class=\"_ _0\"></span>ade.<span class=\"_ _0\"></span> Imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>Cl<span class=\"_ _0\"></span>ien<span class=\"_ _0\"></span>tes As <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>mpli<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o na<span class=\"_ _0\"></span> IFR<span class=\"_ _0\"></span>S 9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>espe<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> \u00e0<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>as te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a ex<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>i\u00ean<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> his<span class=\"_ _0\"></span>t\u00f3r<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ao l<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>go d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do es<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>isti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>cter<span class=\"_ _0\"></span>\u00edst<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pec<span class=\"_ _0\"></span>\u00edfi<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>to sub<span class=\"_ _0\"></span>ja<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 8<span class=\"_ _0\"></span>.1.4<span class=\"_ _0\"></span>). Imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>es As <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cr\u00e9d<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>IFRS<span class=\"_ _0\"></span> 9<span class=\"_ _0\"></span>. ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-115-4": {
   "value": "Pol\u00edticas Contabil\u00edsticas Cl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>deve<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>es Cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o Os <span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Cl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ulta<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>delo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ne<span class=\"_ _0\"></span>g\u00f3c<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>do \u00e9<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>uxo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>aix<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>tuais<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ved<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>m n<span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>del<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>\u00f3ci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> flu<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tuai<span class=\"_ _0\"></span>s. Me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al Ao <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span>. Me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e Ao <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tiz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>zido<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>arid<span class=\"_ _0\"></span>ade.<span class=\"_ _0\"></span> Imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>Cl<span class=\"_ _0\"></span>ien<span class=\"_ _0\"></span>tes As <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>mpli<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o na<span class=\"_ _0\"></span> IFR<span class=\"_ _0\"></span>S 9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>espe<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> \u00e0<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>as te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a ex<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>i\u00ean<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> his<span class=\"_ _0\"></span>t\u00f3r<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ao l<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>go d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do es<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>isti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>cter<span class=\"_ _0\"></span>\u00edst<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pec<span class=\"_ _0\"></span>\u00edfi<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>to sub<span class=\"_ _0\"></span>ja<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 8<span class=\"_ _0\"></span>.1.4<span class=\"_ _0\"></span>). Imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>es As <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cr\u00e9d<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>IFRS<span class=\"_ _0\"></span> 9<span class=\"_ _0\"></span>. Pol\u00edticas Contabil\u00edsticas For<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ced<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es Os <span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>For<span class=\"_ _0\"></span>nec<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> out<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>orre<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> a me<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o s<span class=\"_ _0\"></span>ej<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ntro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>2 me<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ap\u00f3<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span>s sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e F<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>nec<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nic<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> e sub<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>u c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>amo<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span>. ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForTaxesOtherThanIncomeTaxExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-116-3": {
   "value": "4.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>ar </span></span>Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Fornecedores c/c <span class=\"_ _1\"></span> 207.316.143 <span class=\"_ _1\"></span> 174.618.029 <span class=\"_ _1\"></span> Fornecedores de <span class=\"_ _1\"></span>imobilizado c/c<span class=\"_ _1\"></span> 5.134.947 <span class=\"_ _1\"></span> 2.789.501 <span class=\"_ _1\"></span> Estado 44.299.175 <span class=\"_ _1\"></span> 27.246.422 <span class=\"_ _1\"></span> Partes relaciona<span class=\"_ _1\"></span>das (Nota 11.3)<span class=\"_ _1\"></span> 156.764  1.264.454 <span class=\"_ _1\"></span> Outros credores <span class=\"_ _1\"></span>- licen\u00e7as de e<span class=\"_ _1\"></span>miss\u00e3o CO2<span class=\"_ _1\"></span> 44.830.523 <span class=\"_ _1\"></span> 21.353.771 <span class=\"_ _1\"></span> Consolida\u00e7\u00e3o f<span class=\"_ _1\"></span>iscal (Semapa) (<span class=\"_ _1\"></span>Nota 11.3)<span class=\"_ _1\"></span> -  6.447.546 <span class=\"_ _1\"></span> Outros credores (<span class=\"_ _1\"></span>Nota 5.4) 5.693.320 <span class=\"_ _1\"></span> 2.392.990 <span class=\"_ _1\"></span> Instrumentos finance<span class=\"_ _1\"></span>iros derivado<span class=\"_ _1\"></span>s (Nota 8.2)<span class=\"_ _1\"></span> 4.682.533 <span class=\"_ _1\"></span> 8.130.589 <span class=\"_ _1\"></span> Acr\u00e9scimos de gast<span class=\"_ _1\"></span>os com o pesso<span class=\"_ _1\"></span>al 52.435.012 <span class=\"_ _1\"></span> 30.613.080 <span class=\"_ _1\"></span> Acr\u00e9scimos de gast<span class=\"_ _1\"></span>os - juros a <span class=\"_ _1\"></span>pagar 4.032.370 <span class=\"_ _1\"></span> 6.711.797 <span class=\"_ _1\"></span> B\u00f3nus a pagar a <span class=\"_ _1\"></span>Fornecedores<span class=\"_ _1\"></span> 5.687.729 <span class=\"_ _1\"></span> 4.294.936 <span class=\"_ _1\"></span> Taxa de recursos h<span class=\"_ _1\"></span>\u00eddricos<span class=\"_ _1\"></span> 1.461.937 <span class=\"_ _1\"></span> 1.096.148 <span class=\"_ _1\"></span> Responsabilidade<span class=\"_ _1\"></span> com rendas<span class=\"_ _1\"></span> 17.461.167 <span class=\"_ _1\"></span> 15.634.141 <span class=\"_ _1\"></span> Outros acr\u00e9sci<span class=\"_ _1\"></span>mos de gastos<span class=\"_ _1\"></span> 17.130.610 <span class=\"_ _1\"></span> 5.513.017 <span class=\"_ _1\"></span> Subs\u00eddios n\u00e3o ree<span class=\"_ _1\"></span>mbols\u00e1veis<span class=\"_ _1\"></span> 9.290.430 <span class=\"_ _1\"></span> 5.689.791 <span class=\"_ _1\"></span> Valores a pagar <span class=\"_ _1\"></span>- corrente<span class=\"_ _1\"></span> 575.467.689 <span class=\"_ _1\"></span> 393.161.894 <span class=\"_ _1\"></span> Subs\u00eddios n\u00e3o ree<span class=\"_ _1\"></span>mbols\u00e1veis<span class=\"_ _1\"></span> 30.545.424 <span class=\"_ _1\"></span> 28.460.138 <span class=\"_ _1\"></span> Department of Co<span class=\"_ _1\"></span>mmerce (EUA) <span class=\"_ _1\"></span>(Nota 4.2)<span class=\"_ _1\"></span> 4.306.974 <span class=\"_ _1\"></span> 8.554.289 <span class=\"_ _1\"></span> Valores a pagar <span class=\"_ _1\"></span>- N\u00e3o corren<span class=\"_ _1\"></span>te 34.852.398 <span class=\"_ _1\"></span> 37.014.427 <span class=\"_ _1\"></span> 610.320.087 <span class=\"_ _1\"></span> 430.176.321 <span class=\"_ _1\"></span> O a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> o p<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>al r<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lta<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onhe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>um v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> mai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>gam<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>023,<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>gad<span class=\"_ _0\"></span>os, <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te ao <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9mi<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>dut<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>4\u00ba <span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>stre<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ama <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>esci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>. Estado - Det<span class=\"_ _1\"></span>alhe Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Reten\u00e7\u00f5es de Impost<span class=\"_ _1\"></span>o sobre o Re<span class=\"_ _1\"></span>ndimento<span class=\"_ _1\"></span> (IRS) 4.209.006 <span class=\"_ _1\"></span> 3.298.154 <span class=\"_ _1\"></span> Imposto sobre o<span class=\"_ _1\"></span> Valor Acrescenta<span class=\"_ _1\"></span>do 36.628.850 <span class=\"_ _1\"></span> 20.793.757 <span class=\"_ _1\"></span> Contribui\u00e7\u00f5es para<span class=\"_ _1\"></span> a Seguran\u00e7a S<span class=\"_ _1\"></span>ocial<span class=\"_ _1\"></span> 2.470.143 <span class=\"_ _1\"></span> 2.202.736 <span class=\"_ _1\"></span> Outros 991.176  951.775  44.299.175 <span class=\"_ _1\"></span> 27.246.422 <span class=\"_ _1\"></span> Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> <span class=\"ls16\">2021</span>, <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tiam<span class=\"_ _0\"></span> d\u00ed<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>as e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tua\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o E<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>. Subs\u00eddios n\u00e3o re<span class=\"_ _1\"></span>embols\u00e1veis <span class=\"_ _1\"></span><span class=\"ffa\">\u2013</span> Det<span class=\"_ _1\"></span>alhe Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Subs\u00eddios ao in<span class=\"_ _1\"></span>vestimento (Nota 3<span class=\"_ _1\"></span>.5) 3.271.135 <span class=\"_ _1\"></span> 3.234.584 <span class=\"_ _1\"></span> Outros subs\u00eddios<span class=\"_ _1\"></span> 6.019.295 <span class=\"_ _1\"></span> 2.455.207 <span class=\"_ _1\"></span> Subs\u00eddios n\u00e3o ree<span class=\"_ _1\"></span>mbols\u00e1veis <span class=\"_ _1\"></span>- corre<span class=\"_ _1\"></span>nte 9.290.430  5.689.791  Subs\u00eddios ao in<span class=\"_ _1\"></span>vestimento (Nota 3<span class=\"_ _1\"></span>.5) 30.545.424 <span class=\"_ _1\"></span> 28.460.138 <span class=\"_ _1\"></span> Subs\u00eddios n\u00e3o ree<span class=\"_ _1\"></span>mbols\u00e1veis <span class=\"_ _1\"></span>- n\u00e3o corre<span class=\"_ _1\"></span>nte 30.545.424 <span class=\"_ _1\"></span> 28.460.138 <span class=\"_ _1\"></span> 39.835.854 <span class=\"_ _1\"></span> 34.149.929 <span class=\"_ _1\"></span> ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfTradeAndOtherPayablesExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-116-4": {
   "value": "4.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>ar </span></span>Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Fornecedores c/c <span class=\"_ _1\"></span> 207.316.143 <span class=\"_ _1\"></span> 174.618.029 <span class=\"_ _1\"></span> Fornecedores de <span class=\"_ _1\"></span>imobilizado c/c<span class=\"_ _1\"></span> 5.134.947 <span class=\"_ _1\"></span> 2.789.501 <span class=\"_ _1\"></span> Estado 44.299.175 <span class=\"_ _1\"></span> 27.246.422 <span class=\"_ _1\"></span> Partes relaciona<span class=\"_ _1\"></span>das (Nota 11.3)<span class=\"_ _1\"></span> 156.764  1.264.454 <span class=\"_ _1\"></span> Outros credores <span class=\"_ _1\"></span>- licen\u00e7as de e<span class=\"_ _1\"></span>miss\u00e3o CO2<span class=\"_ _1\"></span> 44.830.523 <span class=\"_ _1\"></span> 21.353.771 <span class=\"_ _1\"></span> Consolida\u00e7\u00e3o f<span class=\"_ _1\"></span>iscal (Semapa) (<span class=\"_ _1\"></span>Nota 11.3)<span class=\"_ _1\"></span> -  6.447.546 <span class=\"_ _1\"></span> Outros credores (<span class=\"_ _1\"></span>Nota 5.4) 5.693.320 <span class=\"_ _1\"></span> 2.392.990 <span class=\"_ _1\"></span> Instrumentos finance<span class=\"_ _1\"></span>iros derivado<span class=\"_ _1\"></span>s (Nota 8.2)<span class=\"_ _1\"></span> 4.682.533 <span class=\"_ _1\"></span> 8.130.589 <span class=\"_ _1\"></span> Acr\u00e9scimos de gast<span class=\"_ _1\"></span>os com o pesso<span class=\"_ _1\"></span>al 52.435.012 <span class=\"_ _1\"></span> 30.613.080 <span class=\"_ _1\"></span> Acr\u00e9scimos de gast<span class=\"_ _1\"></span>os - juros a <span class=\"_ _1\"></span>pagar 4.032.370 <span class=\"_ _1\"></span> 6.711.797 <span class=\"_ _1\"></span> B\u00f3nus a pagar a <span class=\"_ _1\"></span>Fornecedores<span class=\"_ _1\"></span> 5.687.729 <span class=\"_ _1\"></span> 4.294.936 <span class=\"_ _1\"></span> Taxa de recursos h<span class=\"_ _1\"></span>\u00eddricos<span class=\"_ _1\"></span> 1.461.937 <span class=\"_ _1\"></span> 1.096.148 <span class=\"_ _1\"></span> Responsabilidade<span class=\"_ _1\"></span> com rendas<span class=\"_ _1\"></span> 17.461.167 <span class=\"_ _1\"></span> 15.634.141 <span class=\"_ _1\"></span> Outros acr\u00e9sci<span class=\"_ _1\"></span>mos de gastos<span class=\"_ _1\"></span> 17.130.610 <span class=\"_ _1\"></span> 5.513.017 <span class=\"_ _1\"></span> Subs\u00eddios n\u00e3o ree<span class=\"_ _1\"></span>mbols\u00e1veis<span class=\"_ _1\"></span> 9.290.430 <span class=\"_ _1\"></span> 5.689.791 <span class=\"_ _1\"></span> Valores a pagar <span class=\"_ _1\"></span>- corrente<span class=\"_ _1\"></span> 575.467.689 <span class=\"_ _1\"></span> 393.161.894 <span class=\"_ _1\"></span> Subs\u00eddios n\u00e3o ree<span class=\"_ _1\"></span>mbols\u00e1veis<span class=\"_ _1\"></span> 30.545.424 <span class=\"_ _1\"></span> 28.460.138 <span class=\"_ _1\"></span> Department of Co<span class=\"_ _1\"></span>mmerce (EUA) <span class=\"_ _1\"></span>(Nota 4.2)<span class=\"_ _1\"></span> 4.306.974 <span class=\"_ _1\"></span> 8.554.289 <span class=\"_ _1\"></span> Valores a pagar <span class=\"_ _1\"></span>- N\u00e3o corren<span class=\"_ _1\"></span>te 34.852.398 <span class=\"_ _1\"></span> 37.014.427 <span class=\"_ _1\"></span> 610.320.087 <span class=\"_ _1\"></span> 430.176.321 <span class=\"_ _1\"></span> O a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> o p<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>al r<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lta<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onhe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>um v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> mai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>gam<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>023,<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>gad<span class=\"_ _0\"></span>os, <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te ao <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9mi<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>dut<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>4\u00ba <span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>stre<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ama <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>esci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-119-4": {
   "value": "Pol\u00edticas Contabil\u00edsticas For<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ced<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es Os <span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>For<span class=\"_ _0\"></span>nec<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> out<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>orre<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> a me<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o s<span class=\"_ _0\"></span>ej<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ntro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>2 me<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ap\u00f3<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span>s sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e F<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>nec<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nic<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> e sub<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>u c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>amo<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span>. ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-120-2": {
   "value": "5.1.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Gest<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l </span></span>Pol\u00edtica de gest<span class=\"_ _1\"></span>\u00e3o de capita<span class=\"_ _1\"></span>l Para efeitos de gest\u00e3o de ca<span class=\"_ _0\"></span>pital, o Grupo define capi<span class=\"_ _0\"></span>tal como incluindo os capitais pr\u00f3prios e<span class=\"_ _0\"></span> a d\u00edvida l\u00edquida. Os objetivos do Grupo<span class=\"_ _0\"></span> em rela\u00e7\u00e3o \u00e0 gest\u00e3o de capital, s<span class=\"_ _0\"></span>\u00e3o:  i.<span class=\"ffb ls0\"> <span class=\"_ _2c\"> </span><span class=\"ff1\">Sa<span class=\"_ _1\"></span>lvaguardar a c<span class=\"_ _0\"></span>apacidade do Grupo de<span class=\"_ _0\"></span> continuar em atividade<span class=\"_ _0\"></span> e assim proporcionar retornos para  </span></span>os Acionistas e benef\u00edcios para os re<span class=\"_ _0\"></span>stantes <span class=\"ff7\">Stakeholders</span><span class=\"ls82\">; </span> ii.<span class=\"ffb ls0\"> <span class=\"_ _9c\"> </span><span class=\"ff1\">Manter uma estrutura de ca<span class=\"_ _0\"></span>pital s\u00f3lida para apoiar o desenvol<span class=\"_ _0\"></span>vimento do seu neg\u00f3cio;<span class=\"_ _0\"></span> e </span></span>iii.<span class=\"ffb ls0\"> <span class=\"_ _9c\"> </span><span class=\"ff1\">Manter uma estrutura de ca<span class=\"_ _0\"></span>pital \u00f3tima que lhe pe<span class=\"_ _0\"></span>rmita reduzir o custo do capital. </span></span>De forma a manter ou <span class=\"_ _0\"></span>ajustar a estrutura de c<span class=\"_ _0\"></span>apital, o Grupo pod<span class=\"_ _0\"></span>e ajustar o montante de divi<span class=\"_ _0\"></span>dendos a pagar aos Acionistas, devolver capital aos Acionistas<span class=\"_ _0\"></span>, emitir novas a\u00e7\u00f5es ou ve<span class=\"_ _0\"></span>nder ativos para reduz<span class=\"_ _0\"></span>ir a d\u00edvida. Em linha com o setor, o Gru<span class=\"_ _0\"></span>po monitoriza o seu capital com base no r<span class=\"_ _0\"></span>\u00e1cio de <span class=\"ff7\">gearing</span>, definido como a p<span class=\"_ _0\"></span>ropor\u00e7\u00e3o entre a d\u00edvida l\u00edquida e o capital total.  A d\u00edvida l\u00edquida remune<span class=\"_ _0\"></span>rada \u00e9 calculada como o montante<span class=\"_ _0\"></span> total de empr\u00e9stimos (i<span class=\"_ _0\"></span>ncluindo as parcelas correntes  e n\u00e3o correntes como divul<span class=\"_ _0\"></span>gado na face do balan\u00e7o) ded<span class=\"_ _0\"></span>uzido dos montantes de caix<span class=\"_ _0\"></span>a e equivalentes de<span class=\"_ _0\"></span> caixa.  O capital total \u00e9 calculado at<span class=\"_ _0\"></span>rav\u00e9s da soma dos capitais p<span class=\"_ _0\"></span>r\u00f3prios (como divulgado na Demonstra\u00e7<span class=\"_ _0\"></span>\u00e3o da posi\u00e7\u00e3o financeira), excluindo a\u00e7\u00f5es p<span class=\"_ _0\"></span>r\u00f3prias e interesse<span class=\"_ _0\"></span>s que n\u00e3o controlam, acrescidos da d\u00edvida l\u00edquid<span class=\"_ _0\"></span>a remunerada. O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>lcul<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>\u00e1ci<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> <span class=\"ff7\">ge<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g <span class=\"ff1\">d<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>uint<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma: </span></span>Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Financiamentos<span class=\"_ _1\"></span> obtidos (Nota 5.7<span class=\"_ _1\"></span>) 725.301.722 833.944.049 Caixa e equiva<span class=\"_ _1\"></span>lentes de caixa (N<span class=\"_ _1\"></span>ota 5.9)<span class=\"_ _1\"></span> (343.083.788)<span class=\"_ _1\"></span> (239.171.252)<span class=\"_ _1\"></span> D\u00edvida l\u00edquid<span class=\"_ _1\"></span>a 382.217.934 594.772.797 Capitais pr\u00f3pr<span class=\"_ _1\"></span>ios 1.259.707.514 1.045.114.080 A\u00e7\u00f5es pr\u00f3prias (N<span class=\"_ _1\"></span>ota 5.2) - - Interesses que n\u00e3o<span class=\"_ _1\"></span> controlam (No<span class=\"_ _1\"></span>ta 5.6)<span class=\"_ _1\"></span> (297.977) (286.896) Capitais pr\u00f3prios, e<span class=\"_ _1\"></span>xcluindo a\u00e7<span class=\"_ _1\"></span>\u00f5es pr\u00f3prias e i<span class=\"_ _1\"></span>nteresses que n\u00e3o co<span class=\"_ _1\"></span>ntrolam<span class=\"_ _45\"></span> 1.259.409.537 1.044.827.184 Capital Total<span class=\"_ _1\"></span> 1.641.627.471 1.639.599.981 Gearing 23,28% 36,28% ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-122-2": {
   "value": "5.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l s<span class=\"_ _3b\"></span>ocia<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pr\u00f3<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s </span></span>Detentores de c<span class=\"_ _1\"></span>apital da Nav<span class=\"_ _1\"></span>igator A T<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny \u00e9<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Eu<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>next<span class=\"_ _0\"></span> Li<span class=\"_ _0\"></span>sbo<span class=\"_ _0\"></span>a. Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> <span class=\"lsd\">de </span>de<span class=\"_ _0\"></span>zem<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>22,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> soc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Th<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Navig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>ny,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>\u00e9 d<span class=\"_ _0\"></span>e \u20ac<span class=\"ff1\">5<span class=\"_ _0\"></span>00.<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>0.00<span class=\"_ _0\"></span>0 <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra-<span class=\"_ _0\"></span>se t<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>scr<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>liza<span class=\"_ _0\"></span>do,<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tado<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or </span>71<span class=\"_ _0\"></span>1.1<span class=\"_ _0\"></span>83<span class=\"_ _0\"></span>.069<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>sem <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nal <span class=\"_ _0\"></span>(3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1: <span class=\"_ _0\"></span>71<span class=\"_ _0\"></span>1.18<span class=\"_ _0\"></span>3.<span class=\"_ _0\"></span>069<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span>)<span class=\"ls98\">. </span>Em <span class=\"_ _0\"></span>Ass<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ble<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> Ger<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>atad<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e 1<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Mai<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1, <span class=\"_ _0\"></span>foi<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>libe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>edu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>apit<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 50<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>000<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0 e<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a 49<span class=\"_ _0\"></span>5.<span class=\"_ _0\"></span>597<span class=\"_ _0\"></span>.9<span class=\"_ _0\"></span>57,4<span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span>eur<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 4<span class=\"_ _0\"></span>.402<span class=\"_ _0\"></span>.04<span class=\"_ _0\"></span>2,5<span class=\"_ _0\"></span>1 eu<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pec<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 6<span class=\"_ _0\"></span>.316<span class=\"_ _0\"></span>.9<span class=\"_ _0\"></span>31 a<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>pr\u00f3<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> nom<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>san<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Soc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> 711<span class=\"_ _0\"></span>.1<span class=\"_ _0\"></span>83.<span class=\"_ _0\"></span>069<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n\u00e1r<span class=\"_ _0\"></span>ias <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ci<span class=\"_ _0\"></span>rcu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>egu<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pit<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 4<span class=\"_ _0\"></span>95.5<span class=\"_ _0\"></span>97<span class=\"_ _0\"></span>.95<span class=\"_ _0\"></span>7,4<span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span>eur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>500<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0.0<span class=\"_ _0\"></span>00 <span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do o<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o au<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 4.<span class=\"_ _0\"></span>40<span class=\"_ _0\"></span>2.0<span class=\"_ _0\"></span>42,<span class=\"_ _0\"></span>51<span class=\"_ _0\"></span> eur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, se<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>\u00fame<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5es, <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> por<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rpo<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e re<span class=\"ls0\">ser<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>vre<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>(ex<span class=\"_ _0\"></span>cede<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>va l<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>al)<span class=\"_ _0\"></span>. </span>Em<span class=\"ls0\"> 3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>as e<span class=\"_ _0\"></span>ntid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>etin<span class=\"_ _0\"></span>ham<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>arti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uali<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>adas<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> </span>cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Soci<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>etal<span class=\"_ _0\"></span>hav<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue:<span class=\"_ _0\"></span> 31/12/22 31/12/21 Denomina\u00e7\u00e3o<span class=\"_ _1\"></span> N\u00ba de a\u00e7\u00f5es<span class=\"_ _0\"></span> % N\u00ba de a\u00e7\u00f5es<span class=\"_ _0\"></span> % Semapa, SGPS, S<span class=\"_ _1\"></span>.A. 497.617.299 69,97% 497.617.299 69,97% A\u00e7\u00f5es pr\u00f3prias<span class=\"_ _1\"></span> - 0,00% - 0,00% Capital disperso<span class=\"_ _1\"></span> 213.565.770 30,03% 213.565.770 30,03% 711.183.069 100,0% 711.183.069 100,0% ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfIssuedCapitalExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-123-2": {
   "value": "A\u00e7\u00f5es pr\u00f3prias <span class=\"ffa\">\u2013</span> Movimentos 31/12/22 31/12/21 Valor Valor contabil\u00edstico contabil\u00edstico N\u00ba<span class=\"ls0\"> de a\u00e7\u00f5e<span class=\"_ _0\"></span>s </span>(Euros) N\u00ba de a\u00e7\u00f5es<span class=\"_ _0\"></span> (Euros) A\u00e7\u00f5es pr\u00f3prias de<span class=\"_ _1\"></span>tidas no in\u00edc<span class=\"_ _1\"></span>io do per\u00edodo<span class=\"_ _1\"></span> -  -  6.316.931 <span class=\"_ _1\"></span> 20.189.264 <span class=\"_ _1\"></span> Aquisi\u00e7\u00e3o de a\u00e7\u00f5es<span class=\"_ _1\"></span> pr\u00f3prias<span class=\"_ _1\"></span> -  -  -  -  Extin\u00e7\u00e3o no per<span class=\"_ _1\"></span>\u00edodo -  -  (6.316.931) (20.189.264)<span class=\"_ _1\"></span> A\u00e7\u00f5es pr\u00f3prias <span class=\"_ _1\"></span>no final do pe<span class=\"_ _1\"></span>r\u00edodo<span class=\"_ _1\"></span> -  -  -  -  As <span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span>m m<span class=\"_ _0\"></span>aio<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tari<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>dqui<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> du<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>08<span class=\"_ _0\"></span> e 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>2, b<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 2018<span class=\"ls0\"> e<span class=\"_ _0\"></span> 201<span class=\"_ _0\"></span>9,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ext<span class=\"_ _0\"></span>int<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>volu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> des<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta-<span class=\"_ _0\"></span><span class=\"ls9a\">se<span class=\"ls0\"> <span class=\"_ _0\"></span>como<span class=\"_ _0\"></span> </span></span></span>se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Valores em Euros<span class=\"_ _1\"></span> Quant Valor Quant Valor A\u00e7\u00f5es pr\u00f3prias de<span class=\"_ _1\"></span>tidas em jan<span class=\"_ _1\"></span>eiro<span class=\"_ _1\"></span> -  -  6.316.931  20.189.264 <span class=\"_ _1\"></span> Extin\u00e7\u00e3o Janeiro -  -  -  -  Fevereiro -  -  -  -  Mar\u00e7o -  -  -  -  Abril -  -  -  -  Maio -  -  (6.316.931) (20.189.264)<span class=\"_ _1\"></span> Junho -  -  -  -  Julho -  -  -  -  Agosto -  -  -  -  Setembro -  -  -  -  Outubro -  -  -  -  Novembro -  -  -  -  Dezembro -  -  -  -  -  -  (6.316.931)<span class=\"_ _1\"></span> (20.189.264)<span class=\"_ _1\"></span> A\u00e7\u00f5es pr\u00f3prias de<span class=\"_ _1\"></span>tidas em dez<span class=\"_ _1\"></span>embro -  -  -  -  A 3<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>det<span class=\"_ _0\"></span>inha<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>r\u00f3<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> uni<span class=\"_ _0\"></span>t\u00e1<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e \u20ac3<span class=\"_ _0\"></span>,4<span class=\"_ _0\"></span>54<span class=\"_ _0\"></span> (31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>1: <span class=\"_ _0\"></span>\u20ac3<span class=\"_ _0\"></span>,35<span class=\"_ _0\"></span>) e <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o b<span class=\"_ _0\"></span>olsi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a da <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span> <span class=\"ff9\">a <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> \u20ac2<span class=\"_ _0\"></span>.4<span class=\"_ _0\"></span>56.<span class=\"_ _0\"></span>42<span class=\"_ _0\"></span>6.32<span class=\"_ _0\"></span>0 <span class=\"_ _0\"></span>(31<span class=\"_ _0\"></span> de<span class=\"_ _3b\"></span> dezem<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span>: \u20ac<span class=\"_ _0\"></span>2.<span class=\"_ _0\"></span>382<span class=\"_ _0\"></span>.46<span class=\"_ _0\"></span>3<span class=\"ff1\">.28<span class=\"_ _0\"></span>1)<span class=\"_ _0\"></span>, f<span class=\"_ _0\"></span>ace<span class=\"_ _0\"></span> </span></span>a u<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>pr\u00f3<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>uzido<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ontr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac1<span class=\"_ _0\"></span>.25<span class=\"_ _0\"></span>9.4<span class=\"_ _0\"></span>09<span class=\"_ _0\"></span>.53<span class=\"_ _0\"></span>7<span class=\"ffd fs11\"> </span><span class=\"ff1\">(<span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> </span>de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span>: \u20ac<span class=\"_ _0\"></span>1.<span class=\"_ _0\"></span>044<span class=\"_ _0\"></span>.82<span class=\"_ _0\"></span>7.1<span class=\"_ _0\"></span>84<span class=\"_ _0\"></span>).<span class=\"ff1\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfTreasurySharesExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-124-3": {
   "value": "Pol\u00edticas Contabil\u00edsticas As <span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> or<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>clas<span class=\"_ _0\"></span>sif<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pit<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00f3pri<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span>l s<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>al.<span class=\"_ _0\"></span>  Os <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u\u00edve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>\u00e0 e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>trum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>pit<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, l<span class=\"_ _0\"></span>\u00edqui<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>bid<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span>.  Os <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ut\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00e0 e<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e no<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m ne<span class=\"_ _0\"></span>g\u00f3c<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>edu<span class=\"_ _0\"></span>zid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>emi<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o. Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>dqui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>-m<span class=\"_ _0\"></span>\u00e3e <span class=\"_ _0\"></span>(a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3p<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>o pag<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>ui o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cust<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ntai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>dir<span class=\"_ _0\"></span>etam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> (l\u00ed<span class=\"_ _0\"></span>quid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpos<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>), <span class=\"_ _0\"></span>\u00e9 de<span class=\"_ _0\"></span>duz<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00f3pri<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>atri<span class=\"_ _0\"></span>bu\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>det<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>t\u00e9 q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> as <span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>jam<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>elad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eem<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ien<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span> Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>seq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>ndid<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> ree<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>alq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>r r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>bim<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>, l\u00edq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>do d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>atri<span class=\"_ _3b\"></span>bu\u00edvei<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpo<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s, \u00e9<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>efl<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>dir<span class=\"_ _0\"></span>etam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pri<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>exe<span class=\"_ _0\"></span>rc\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>. Pol\u00edticas Contabil\u00edsticas Res<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r Cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>e \u00e0<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>aria<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>umu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>do j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>ertu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 8<span class=\"_ _0\"></span>.2)<span class=\"_ _0\"></span>, l\u00ed<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s. As <span class=\"_ _0\"></span>var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>ecl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>sult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>o (<span class=\"_ _0\"></span>Not<span class=\"_ _0\"></span>a 5.1<span class=\"_ _0\"></span>1)<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cobe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> afe<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>A v<span class=\"_ _0\"></span>aria<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> rub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o \u00e9 <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>cicl<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>. Res<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>rs\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>camb<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l A r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nver<span class=\"_ _0\"></span>s\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>onde<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tante<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cum<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>opr<span class=\"_ _0\"></span>ia\u00e7<span class=\"_ _0\"></span>\u00e3o pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ulta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>stra<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>zon<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o. Res<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>gal A l<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sl<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>abe<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ce q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>pelo<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s, 5<span class=\"_ _0\"></span>% <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o l<span class=\"_ _0\"></span>\u00edq<span class=\"_ _0\"></span>uido<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>nual<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>do a<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>r\u00e7<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>eser<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span> le<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>20%<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o ca<span class=\"_ _0\"></span>pit<span class=\"_ _0\"></span>al soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l. <span class=\"_ _0\"></span>Es<span class=\"_ _0\"></span>ta r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>erv<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>\u00e9 d<span class=\"_ _0\"></span>istr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>quid<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Soc<span class=\"_ _0\"></span>ied<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e. <span class=\"_ _0\"></span>Pod<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00e1, con<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>do,<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>abso<span class=\"_ _0\"></span>rv<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ju\u00ed<span class=\"_ _0\"></span>zos<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>rva<span class=\"_ _0\"></span>s, o<span class=\"_ _0\"></span>u in<span class=\"_ _0\"></span>corp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>. A r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>va l<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tra-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>u\u00edda<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> seu<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>mit<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>m\u00e1xi<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>ntad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>.<span class=\"ff7\"> </span>Out<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>erva<span class=\"_ _3b\"></span>s e R<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>ltad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os Est<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>itu\u00ed<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>r\u00ean<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>nter<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>edu\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>apit<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>os m<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>N\u00e3<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>l a<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o sa<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>i\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>pr\u00f3<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> det<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as (<span class=\"_ _3b\"></span>Nota 5<span class=\"_ _0\"></span>.2<span class=\"_ _0\"></span>). ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForIssuedCapitalExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-124-4": {
   "value": "Pol\u00edticas Contabil\u00edsticas As <span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> or<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>clas<span class=\"_ _0\"></span>sif<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pit<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00f3pri<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span>l s<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>al.<span class=\"_ _0\"></span>  Os <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u\u00edve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>\u00e0 e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>trum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>pit<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, l<span class=\"_ _0\"></span>\u00edqui<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>bid<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span>.  Os <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ut\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00e0 e<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e no<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m ne<span class=\"_ _0\"></span>g\u00f3c<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>edu<span class=\"_ _0\"></span>zid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>emi<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o. Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>dqui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>-m<span class=\"_ _0\"></span>\u00e3e <span class=\"_ _0\"></span>(a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3p<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>o pag<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>ui o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cust<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ntai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>dir<span class=\"_ _0\"></span>etam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> (l\u00ed<span class=\"_ _0\"></span>quid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpos<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>), <span class=\"_ _0\"></span>\u00e9 de<span class=\"_ _0\"></span>duz<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00f3pri<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>atri<span class=\"_ _0\"></span>bu\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>det<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>t\u00e9 q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> as <span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>jam<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>elad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eem<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ien<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span> Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>seq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>ndid<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> ree<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>alq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>r r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>bim<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>, l\u00edq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>do d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>atri<span class=\"_ _3b\"></span>bu\u00edvei<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpo<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s, \u00e9<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>efl<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>dir<span class=\"_ _0\"></span>etam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pri<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>exe<span class=\"_ _0\"></span>rc\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>. Pol\u00edticas Contabil\u00edsticas Res<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r Cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>e \u00e0<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>aria<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>umu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>do j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>ertu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 8<span class=\"_ _0\"></span>.2)<span class=\"_ _0\"></span>, l\u00ed<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s. As <span class=\"_ _0\"></span>var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>ecl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>sult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>o (<span class=\"_ _0\"></span>Not<span class=\"_ _0\"></span>a 5.1<span class=\"_ _0\"></span>1)<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cobe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> afe<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>A v<span class=\"_ _0\"></span>aria<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> rub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o \u00e9 <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>cicl<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>. Res<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>rs\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>camb<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l A r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nver<span class=\"_ _0\"></span>s\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>onde<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tante<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cum<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>opr<span class=\"_ _0\"></span>ia\u00e7<span class=\"_ _0\"></span>\u00e3o pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ulta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>stra<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>zon<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o. Res<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>gal A l<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sl<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>abe<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ce q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>pelo<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s, 5<span class=\"_ _0\"></span>% <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o l<span class=\"_ _0\"></span>\u00edq<span class=\"_ _0\"></span>uido<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>nual<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>do a<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>r\u00e7<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>eser<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span> le<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>20%<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o ca<span class=\"_ _0\"></span>pit<span class=\"_ _0\"></span>al soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l. <span class=\"_ _0\"></span>Es<span class=\"_ _0\"></span>ta r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>erv<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>\u00e9 d<span class=\"_ _0\"></span>istr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>quid<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Soc<span class=\"_ _0\"></span>ied<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e. <span class=\"_ _0\"></span>Pod<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00e1, con<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>do,<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>abso<span class=\"_ _0\"></span>rv<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ju\u00ed<span class=\"_ _0\"></span>zos<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>rva<span class=\"_ _0\"></span>s, o<span class=\"_ _0\"></span>u in<span class=\"_ _0\"></span>corp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>. A r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>va l<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tra-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>u\u00edda<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> seu<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>mit<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>m\u00e1xi<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>ntad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>.<span class=\"ff7\"> </span>Out<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>erva<span class=\"_ _3b\"></span>s e R<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>ltad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os Est<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>itu\u00ed<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>r\u00ean<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>nter<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>edu\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>apit<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>os m<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>N\u00e3<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>l a<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o sa<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>i\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>pr\u00f3<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> det<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as (<span class=\"_ _3b\"></span>Nota 5<span class=\"_ _0\"></span>.2<span class=\"_ _0\"></span>). ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForTreasurySharesExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-125-2": {
   "value": "5.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Resu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> A\u00e7<span class=\"_ _0\"></span>\u00e3o </span></span>2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Resultado atrib<span class=\"_ _1\"></span>u\u00edvel aos Acio<span class=\"_ _1\"></span>nistas da<span class=\"_ _1\"></span> Navigator (Euro<span class=\"_ _1\"></span>s) 392.537.070 <span class=\"_ _1\"></span> 171.411.455 <span class=\"_ _1\"></span> N\u00famero total de a<span class=\"_ _1\"></span>\u00e7\u00f5es emitidas <span class=\"_ _1\"></span> 711.183.069 <span class=\"_ _1\"></span> 711.183.069 <span class=\"_ _1\"></span> N\u00famero m\u00e9dio de a<span class=\"_ _1\"></span>\u00e7\u00f5es pr\u00f3pr<span class=\"_ _1\"></span>ias em carteira <span class=\"_ _1\"></span> -  -  N\u00famero m\u00e9dio p<span class=\"_ _1\"></span>onderado de<span class=\"_ _1\"></span> a\u00e7\u00f5es <span class=\"_ _1\"></span> 711.183.069 <span class=\"_ _1\"></span> 711.183.069 <span class=\"_ _1\"></span> Resultado b\u00e1sico por a<span class=\"_ _1\"></span>\u00e7\u00e3o (E<span class=\"_ _1\"></span>uros) 0,552 0,241 Resultado dilu\u00eddo p<span class=\"_ _1\"></span>or a\u00e7\u00e3o (Eu<span class=\"_ _1\"></span>ros) 0,552 0,241 ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEarningsPerShareExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-126-3": {
   "value": "Pol\u00edticas Contabil\u00edsticas O r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>\u00e1sic<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>\u00e9 a<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>div<span class=\"_ _0\"></span>is\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> lu<span class=\"_ _0\"></span>cro<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>prej<span class=\"_ _0\"></span>u\u00edz<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> aos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>\u00e1rio<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>n\u00fam<span class=\"_ _0\"></span>ero<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>onde<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n\u00e1ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>cir<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>duran<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>o. Par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>alc<span class=\"_ _0\"></span>ular<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dil<span class=\"_ _0\"></span>u\u00eddo<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a aj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> luc<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>eju<span class=\"_ _0\"></span>\u00edzo<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bu\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>det<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ordi<span class=\"_ _0\"></span>n\u00e1<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l pr<span class=\"_ _0\"></span>\u00f3p<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>, be<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span> n\u00fa<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ro m<span class=\"_ _0\"></span>\u00e9d<span class=\"_ _0\"></span>io po<span class=\"_ _0\"></span>nder<span class=\"_ _3b\"></span>ado d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> cir<span class=\"_ _0\"></span>cul<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>fei<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>oda<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>enc<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ordi<span class=\"_ _0\"></span>n\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> dil<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>as. ",
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   "value": "5.4.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Divi<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>erv<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>\u00eddo<span class=\"_ _0\"></span>s </span></span>Dividendos e reservas atribu\u00eddos no per\u00edodo Montante Dividendos por Valores em Euros<span class=\"_ _1\"></span> atribu\u00eddo a\u00e7\u00e3o (Euros) Atribui\u00e7\u00f5es em <span class=\"_ _1\"></span>2022 Distribui\u00e7\u00e3o de re<span class=\"_ _1\"></span>sultados trans<span class=\"_ _1\"></span>itados 131.632.875 <span class=\"_ _1\"></span> 0,185 Distribui\u00e7\u00e3o de re<span class=\"_ _1\"></span>servas livres<span class=\"_ _1\"></span> 118.355.086 <span class=\"_ _1\"></span> 0,166 Atribui\u00e7\u00f5es em <span class=\"_ _1\"></span>2021 Distribui\u00e7\u00e3o de re<span class=\"_ _1\"></span>sultados trans<span class=\"_ _1\"></span>itados 99.565.630 <span class=\"_ _1\"></span> 0,140 Distribui\u00e7\u00e3o de <span class=\"_ _1\"></span>dividendos antec<span class=\"_ _1\"></span>ipados <span class=\"_ _1\"></span> 49.996.170 <span class=\"_ _1\"></span> 0,070 Em <span class=\"_ _0\"></span>Ass<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ble<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> Ger<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>27<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>The <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Comp<span class=\"_ _0\"></span>any<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ibe<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r \u00e0<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ibui<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac9<span class=\"_ _0\"></span>9.<span class=\"_ _0\"></span>992<span class=\"_ _0\"></span>.34<span class=\"_ _0\"></span>0.<span class=\"ff1\"> </span>Em <span class=\"_ _0\"></span>Ass<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ble<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> Ger<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>1 <span class=\"lsd\">de </span>no<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>ny,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. d<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ou pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r \u00e0<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ibui<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> <span class=\"ff9\">r<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>rva<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>glo<span class=\"_ _0\"></span>bal<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>\u20ac1<span class=\"_ _0\"></span>49<span class=\"_ _0\"></span>.995<span class=\"_ _0\"></span>.6<span class=\"_ _0\"></span>21,<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s<span class=\"ff1\"> </span></span>\u20ac1<span class=\"_ _0\"></span>18.<span class=\"_ _0\"></span>35<span class=\"_ _0\"></span>5.08<span class=\"_ _0\"></span>6 <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s da<span class=\"_ _0\"></span> ru<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> O<span class=\"_ _0\"></span>utra<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>vas <span class=\"_ _0\"></span>e \u20ac<span class=\"_ _0\"></span>31<span class=\"_ _0\"></span>.64<span class=\"_ _0\"></span>0.5<span class=\"_ _0\"></span>35<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>scri<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ubri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>itad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>. Em <span class=\"_ _0\"></span>Ass<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ble<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> Ger<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>13<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>The <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Comp<span class=\"_ _0\"></span>any<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ibe<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r \u00e0<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ibui<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac<span class=\"_ _0\"></span><span class=\"ff1\">99.<span class=\"_ _0\"></span>565<span class=\"_ _0\"></span>.63<span class=\"_ _0\"></span>0. </span></span>No<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>16 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>1 o<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>elh<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> A<span class=\"_ _0\"></span>dmi<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>pany<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A.<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>libe<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>r u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>adia<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s l<span class=\"_ _0\"></span>ucro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> Ac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>stas,<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>49<span class=\"_ _0\"></span>.996<span class=\"_ _0\"></span>.1<span class=\"_ _0\"></span><span class=\"ls16\">70<span class=\"ls0\"> </span></span>eu<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>equ<span class=\"_ _0\"></span>ival<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>il\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>0,0<span class=\"_ _0\"></span>703<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDividendsExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-128-3": {
   "value": "Pol\u00edticas Contabil\u00edsticas A d<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> aos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> rec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>vo n<span class=\"_ _0\"></span>as Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>no p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vide<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span>s Aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>Ass<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>blei<span class=\"_ _0\"></span>a G<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> l<span class=\"_ _0\"></span>iqui<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra,<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ipad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>lho<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e Ad<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>. ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDividendsExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-129-2": {
   "value": "5.5.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Rese<span class=\"_ _0\"></span>rva<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s </span></span>Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Reserva de convers\u00e3<span class=\"_ _1\"></span>o camb<span class=\"_ _1\"></span>ial 5.343.706 <span class=\"_ _1\"></span> (24.346.001)<span class=\"_ _1\"></span> Reserva de justo va<span class=\"_ _1\"></span>lor 33.997.828 <span class=\"_ _1\"></span> (5.604.076) Reserva lega<span class=\"_ _1\"></span>l 100.000.000 <span class=\"_ _1\"></span> 100.000.000 <span class=\"_ _1\"></span> Outras reservas<span class=\"_ _1\"></span> 3.481.014 <span class=\"_ _1\"></span> 121.836.100 <span class=\"_ _1\"></span> Resultados tran<span class=\"_ _1\"></span>sitados 224.049.919 <span class=\"_ _1\"></span> 231.525.876 <span class=\"_ _1\"></span> Reservas e resultado<span class=\"_ _1\"></span>s transita<span class=\"_ _1\"></span>dos 366.872.467 <span class=\"_ _1\"></span> 423.411.899 <span class=\"_ _1\"></span> Reserva de convers\u00e3o cambial <span class=\"ffa\">\u2013</span> Detalhe Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21      Navigator North A<span class=\"_ _1\"></span>m\u00e9rica (USD<span class=\"_ _1\"></span>) (4.147.000) (4.847.972)      Navigator Pa<span class=\"_ _1\"></span>per Mexico  (MXN<span class=\"_ _1\"></span>) (115.521) (69.753)      Navigator M<span class=\"_ _1\"></span>iddle East Trading<span class=\"_ _1\"></span> DMCC (AED)<span class=\"_ _1\"></span> (6.017) (7.594)      Navigator Eg<span class=\"_ _1\"></span>ypt (EGP)<span class=\"_ _1\"></span> (1.901) (4.037)      Navigator Pa<span class=\"_ _1\"></span>per Company UK<span class=\"_ _1\"></span> (GBP) (230.994) (369.114)      Navigator Euras<span class=\"_ _1\"></span>ia (TYR)<span class=\"_ _1\"></span> 799 <span class=\"ls0\"> </span>799 <span class=\"ls0\"> </span>     Navigator Afr<span class=\"_ _1\"></span>ique du Nord (MA<span class=\"_ _1\"></span>D) 395 <span class=\"ls0\"> </span>395 <span class=\"ls0\"> </span>     Navigator Pa<span class=\"_ _1\"></span>per Poland (PLN)<span class=\"_ _1\"></span> (2.897) (2.897)      Portucel Mo\u00e7am<span class=\"_ _1\"></span>bique (MZM<span class=\"_ _1\"></span>) 9.846.842 <span class=\"_ _1\"></span> (19.045.827)<span class=\"_ _1\"></span> 5.343.706  (24.346.001)<span class=\"_ _1\"></span> A v<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>rub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>bial<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>dev<span class=\"_ _0\"></span>e-<span class=\"_ _0\"></span>se e<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ialm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en\u00e7<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>io d<span class=\"_ _0\"></span>esf<span class=\"_ _0\"></span>avo<span class=\"_ _0\"></span>r\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>cumu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>so d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>r\u00e9<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mo (<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>prim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>) de<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>ngo<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>once<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>\u00e0 su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>a Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>uce<span class=\"_ _0\"></span>l M<span class=\"_ _0\"></span>o\u00e7<span class=\"_ _0\"></span>ambi<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>. E<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>r\u00e9<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>a na<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>a de <span class=\"ls0\">qua<span class=\"_ _0\"></span>si-<span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>va-s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nomi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>moe<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>gei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>ext<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do m<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> </span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ord<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pol\u00ed<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>onta<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>l\u00eds<span class=\"_ _0\"></span>tica<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rres<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nden<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>dife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s acu<span class=\"_ _0\"></span>mul<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> re<span class=\"_ _3b\"></span>conhe<span class=\"_ _0\"></span>cida<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na D<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>onst<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> R<span class=\"_ _0\"></span>endi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>gral<span class=\"_ _0\"></span>, for<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sulta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>exe<span class=\"_ _0\"></span>rc\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>. Reserva de justo valor <span class=\"ffa\">\u2013</span> Detalhe 31/12/22<span class=\"ff3 fs11\"> </span>31/12/21<span class=\"ff3 fs11\"> </span>Valores em Euros<span class=\"_ _1\"></span> Valor bruto<span class=\"_ _0\"></span> Imposto Valor l\u00edquido<span class=\"_ _0\"></span> Valor bruto<span class=\"_ _0\"></span> Imposto Valor l\u00edquido Cobertura risco ta<span class=\"_ _1\"></span>xa de juro<span class=\"_ _1\"></span> 30.899.904 <span class=\"_ _1\"></span> (8.497.474) 22.402.430 <span class=\"_ _1\"></span> (2.231.713)<span class=\"_ _1\"></span> 613.722  (1.617.991) Cobertura risco c<span class=\"_ _1\"></span>ambial<span class=\"_ _1\"></span> 15.993.652 <span class=\"_ _1\"></span> (4.398.254) 11.595.398 <span class=\"_ _1\"></span> (5.498.048)<span class=\"_ _1\"></span> 1.511.963 <span class=\"_ _1\"></span> (3.986.085) 46.893.556 <span class=\"_ _1\"></span> (12.895.728)<span class=\"_ _1\"></span> 33.997.828 <span class=\"_ _1\"></span> (7.729.761)<span class=\"_ _1\"></span> 2.125.685  (5.604.076)<span class=\"_ _1\"></span> Reserva de justo valor <span class=\"ffa\">\u2013</span> Movimentos Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Saldo inicial<span class=\"_ _1\"></span> (5.604.076)<span class=\"_ _1\"></span> (6.641.368)<span class=\"_ _1\"></span> Varia\u00e7\u00e3o do justo<span class=\"_ _1\"></span> valor de instru<span class=\"_ _1\"></span>mentos finance<span class=\"_ _1\"></span>iros derivados (Not<span class=\"_ _1\"></span>a 8.2)<span class=\"_ _1\"></span> 54.623.316 <span class=\"_ _1\"></span> 1.430.747 <span class=\"_ _1\"></span> Imposto difer<span class=\"_ _1\"></span>ido (15.021.412) (393.455) Saldo final 33.997.828 <span class=\"_ _1\"></span> (5.604.076)<span class=\"_ _1\"></span> O m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Var<span class=\"_ _0\"></span>ia\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vado<span class=\"_ _0\"></span>s, no <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e \u20ac<span class=\"_ _0\"></span>54<span class=\"_ _0\"></span>,6 <span class=\"_ _0\"></span>milh<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>u<span class=\"ff1\">i:<span class=\"_ _0\"></span> a)<span class=\"_ _0\"></span> Tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sfer<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>s pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no </span>mo<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e  \u20ac<span class=\"_ _0\"></span>29<span class=\"_ _0\"></span>,3<span class=\"_ _0\"></span> mil<span class=\"_ _0\"></span>h\u00f5e<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s; b<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>Vari<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> jus<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>finan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cobe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span><span class=\"ff9\">\u20ac83,<span class=\"_ _0\"></span>9mi<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span><span class=\"ff1\">. </span></span>Outras reservas <span class=\"ffa\">\u2013</span> Detalhe Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Transfer\u00eancia de<span class=\"_ _1\"></span> excesso de reserva <span class=\"_ _1\"></span>legal para reservas<span class=\"_ _1\"></span> livres<span class=\"_ _1\"></span> 9.790.475 9.790.475 Reservas livres dec<span class=\"_ _1\"></span>orrentes da red<span class=\"_ _1\"></span>u\u00e7\u00e3o de capita<span class=\"_ _1\"></span>l social n\u00e3o distribu<span class=\"_ _1\"></span>\u00eddas<span class=\"_ _1\"></span> 5.994 118.361.080 Regulariza\u00e7\u00e3o<span class=\"_ _1\"></span> aplica\u00e7\u00e3o de resu<span class=\"_ _1\"></span>ltados de 2014 (grat<span class=\"_ _1\"></span>ifica\u00e7\u00e3o de ba<span class=\"_ _1\"></span>lan\u00e7o)<span class=\"_ _1\"></span> 1.476 1.476 Incorpora\u00e7\u00e3o de rese<span class=\"_ _1\"></span>rvas em cap<span class=\"_ _1\"></span>ital (6.316.931) (6.316.931) 3.481.014 121.836.100 ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfReservesAndOtherEquityInterestExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-133-2": {
   "value": "5.6.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Int<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>m </span></span>Detalhe de interesses que n\u00e3o controlam, por subsidi\u00e1ria % Capitais pr\u00f3<span class=\"_ _0\"></span>prios Resultado l\u00edq<span class=\"_ _0\"></span>uido Valores em Euros<span class=\"_ _1\"></span> detida 31/12/22 31/12/21<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Raiz - Inst<span class=\"_ _1\"></span>ituto de Investiga\u00e7\u00e3o da<span class=\"_ _1\"></span> Floresta e Pape<span class=\"_ _1\"></span>l 3,0% 297.977  286.896  1.861  7.058  Portucel Mo\u00e7amb<span class=\"_ _1\"></span>ique 9,98% -  -  -  -  297.977  286.896  1.861  7.058  Os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ses <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>olam<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> R<span class=\"_ _0\"></span>AI<span class=\"ls9b\">Z </span><span class=\"ff9\">\u2013</span> <span class=\"_ _0\"></span>Ins<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tut<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>al e <span class=\"_ _0\"></span>Pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>t\u00e9m <span class=\"_ _0\"></span>97<span class=\"_ _0\"></span>% d<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>voto<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s 3<span class=\"_ _0\"></span>% atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>iado<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>xte<span class=\"_ _0\"></span>rno<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo. Em <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>14<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>IFC <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> <span class=\"_ _0\"></span>Int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>nac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>nance<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>rdo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>tend<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> </span></span>en<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a in<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>tui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>i\u00e1<span class=\"_ _0\"></span>ria <span class=\"_ _0\"></span>Po<span class=\"_ _0\"></span>rtu<span class=\"_ _0\"></span>cel <span class=\"_ _0\"></span>Mo<span class=\"_ _0\"></span>\u00e7am<span class=\"_ _0\"></span>biq<span class=\"_ _0\"></span>ue,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A.,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gura<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o ass<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>fas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>flor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o em<span class=\"_ _0\"></span> M<span class=\"_ _0\"></span>o\u00e7a<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 201<span class=\"_ _0\"></span>5 e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esa <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>erad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pita<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>1.0<span class=\"_ _0\"></span>00 <span class=\"_ _0\"></span>mil<span class=\"_ _0\"></span>h\u00f5es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>1.6<span class=\"_ _0\"></span>80<span class=\"_ _0\"></span>,798 mi<span class=\"_ _0\"></span>lh\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>IFC s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>scr<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>, 3<span class=\"_ _0\"></span>32<span class=\"_ _0\"></span>.798<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>pond<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s a 1<span class=\"_ _0\"></span>9,<span class=\"_ _0\"></span>98%<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span> Em<span class=\"ls0\"> f<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>19,<span class=\"_ _0\"></span> oc<span class=\"_ _0\"></span>orre<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ubsc<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>do e<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>scri<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o </span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>a T<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>any<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A.<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>45<span class=\"_ _0\"></span>6.<span class=\"ls16\">596</span>.<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>0 me<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>ndem<span class=\"_ _0\"></span> 90<span class=\"_ _0\"></span>,02<span class=\"_ _0\"></span>% d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>ital<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>da E<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o IF<span class=\"_ _0\"></span>C s<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a 50.<span class=\"_ _0\"></span><span class=\"ls16\">620<span class=\"ls0\">.</span>000 </span>me<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ndem <span class=\"_ _0\"></span>9,<span class=\"_ _0\"></span>98%<span class=\"_ _3b\"></span> do c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ucel<span class=\"_ _0\"></span> M<span class=\"_ _0\"></span>o\u00e7a<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>iqu<span class=\"_ _0\"></span>e.  \u00c0 d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ote\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ola<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue re<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>inj<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>gnifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> ent<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u us<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> liq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>ar pas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o. Movimentos dos interesses que n\u00e3o contro<span class=\"_ _0\"></span>lam<span class=\"_ _1\"></span> Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Saldo inicial<span class=\"_ _1\"></span> 286.896  275.182  Resultado l\u00edqu<span class=\"_ _1\"></span>ido do per\u00edodo<span class=\"_ _1\"></span> 1.861  7.058  Outros rendimentos<span class=\"_ _1\"></span> integrais<span class=\"_ _1\"></span> 9.220  4.656  Saldo final 297.977  286.896<span class=\"ffd\"> <span class=\"_\"> </span></span> ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfNoncontrollingInterestsExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-134-2": {
   "value": "5.7.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>bt<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s </span></span>31/12/22<span class=\"ff3 fs11\"> </span>31/12/21<span class=\"ff3 fs11\"> </span>N\u00e3o N\u00e3o Valores em Euros<span class=\"_ _1\"></span> Corrente Corrente Total Corrente Corrente Total Empr\u00e9stimos por <span class=\"_ _1\"></span>obriga\u00e7\u00f5es<span class=\"_ _1\"></span> 420.000.000 <span class=\"_ _1\"></span> 22.500.000 <span class=\"_ _1\"></span> 442.500.000 <span class=\"_ _1\"></span> 442.500.000 <span class=\"_ _1\"></span> 2.500.000 <span class=\"_ _1\"></span> 445.000.000 <span class=\"_ _1\"></span> Papel Comerc<span class=\"_ _1\"></span>ial 105.000.000 <span class=\"_ _1\"></span> 35.000.000 <span class=\"_ _1\"></span> 140.000.000 <span class=\"_ _1\"></span> 140.000.000 <span class=\"_ _1\"></span> 100.000.000 <span class=\"_ _1\"></span> 240.000.000 <span class=\"_ _1\"></span> Empr\u00e9stimos ban<span class=\"_ _1\"></span>c\u00e1rios<span class=\"_ _1\"></span> 91.511.905 <span class=\"_ _1\"></span> 17.575.397 <span class=\"_ _1\"></span> 109.087.302 <span class=\"_ _1\"></span> 109.087.301 <span class=\"_ _1\"></span> 12.718.254 <span class=\"_ _1\"></span> 121.805.555 <span class=\"_ _1\"></span> Encargos com emi<span class=\"_ _1\"></span>ss\u00e3o de obriga\u00e7<span class=\"_ _1\"></span>\u00f5es<span class=\"_ _1\"></span> (3.480.083) -  (3.480.083) (3.415.421)<span class=\"_ _1\"></span> -  (3.415.421) Incentivos Reem<span class=\"_ _1\"></span>bols\u00e1veis<span class=\"_ _1\"></span> 29.975.064 <span class=\"_ _1\"></span> 7.219.439 <span class=\"_ _1\"></span> 37.194.503 <span class=\"_ _1\"></span> 34.509.610 <span class=\"_ _1\"></span> 4.099.903 <span class=\"_ _1\"></span> 38.609.513 <span class=\"_ _1\"></span> Diferimentos e aju<span class=\"_ _1\"></span>stamentos<span class=\"_ _1\"></span> -  -  -  (8.055.598)<span class=\"_ _1\"></span> -  (8.055.598) T\u00edtulos de d\u00edvid<span class=\"_ _1\"></span>a e d\u00edvid<span class=\"_ _1\"></span>a banc\u00e1ria<span class=\"_ _1\"></span> 643.006.886 <span class=\"_ _1\"></span> 82.294.836 <span class=\"_ _1\"></span> 725.301.722 <span class=\"_ _1\"></span> 714.625.892 <span class=\"_ _1\"></span> 119.318.157 <span class=\"_ _1\"></span> 833.944.049 <span class=\"_ _1\"></span> Taxa m\u00e9dia d<span class=\"_ _1\"></span>e juro, considerand<span class=\"_ _1\"></span>o encargos com co<span class=\"_ _1\"></span>miss\u00f5es an<span class=\"_ _1\"></span>uais e 1,5% 1,5% opera\u00e7\u00f5es de<span class=\"_ _1\"></span> cobertura<span class=\"_ _1\"></span> No<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 <span class=\"ff9\">a <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tiu<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pr\u00e9<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac1<span class=\"_ _0\"></span>50 </span>mi<span class=\"_ _0\"></span>lh\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m m<span class=\"_ _0\"></span>atur<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 20<span class=\"_ _0\"></span>28<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Su<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>inab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ty-<span class=\"_ _0\"></span>Lin<span class=\"_ _0\"></span>ked<span class=\"_ _0\"></span> Bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s F<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>mewor<span class=\"_ _0\"></span>k,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o em<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>mul<span class=\"_ _0\"></span>t\u00e2n<span class=\"_ _0\"></span>eo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ols<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> ant<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>iame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>smo<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>v\u00e1l<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> at\u00e9<span class=\"_ _0\"></span> <span class=\"ls16\">2023.</span> Est<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>uiu <span class=\"_ _0\"></span>para<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ext<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>\u00edvi<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>, be<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a a re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nciam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa,<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>\u00e9m <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>di\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> aj<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ao cum<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>sos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>. As<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ondi<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>do e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>\u00e3o in<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>xad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>r\u00eas<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dica<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> ESG<span class=\"_ _0\"></span> j\u00e1<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sent<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Ag<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Sus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>, po<span class=\"_ _0\"></span>r u<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>vez<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>alin<span class=\"_ _0\"></span>had<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>os O<span class=\"_ _0\"></span>bj<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> D<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>lvi<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o S<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> Uni<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ols<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>lue<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ince<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a A<span class=\"_ _0\"></span>ICEP <span class=\"_ _3b\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> Ag<span class=\"_ _0\"></span>\u00eanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Inve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>e </span></span>Com<span class=\"_ _0\"></span>\u00e9r<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>o Ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rno<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>ugal<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e2mbi<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e di<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>sos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>roje<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>iga\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>vim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> se <span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>i o <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cent<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o \u00e2<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>cele<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e1ria<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Ti<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Avei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A., <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>a f\u00e1<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ti<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>e<span class=\"ff1\"> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Ave<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>. E<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rato<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>ree<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>vo f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sob<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>um </span>in<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>mbo<span class=\"_ _0\"></span>ls\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span> ao <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> m\u00e1<span class=\"_ _0\"></span>xim<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e \u20ac<span class=\"_ _0\"></span>42<span class=\"_ _0\"></span>.166<span class=\"_ _0\"></span>.63<span class=\"_ _0\"></span>6,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>o pa<span class=\"_ _0\"></span>gam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>r\u00ean<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>\u00fal<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>a am<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o em<span class=\"_ _0\"></span> <span class=\"ls16\">2027.</span> A <span class=\"_ _0\"></span>an\u00e1l<span class=\"_ _3b\"></span>ise d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>iam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00e9 a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>8.1<span class=\"_ _0\"></span>.3<span class=\"_ _0\"></span> <span class=\"ff15\">\u2013</span> R<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>. Financiamentos obtidos <span class=\"ffa\">\u2013</span> Detalhe 31/12/22 Montante <span class=\"_ _0\"></span> N\u00e3o Valores em Euros<span class=\"_ _1\"></span> Montante  em d\u00edvida<span class=\"_ _0\"></span> Vencimento<span class=\"_ _0\"></span> Taxa de juro Corrente  Corrente Empr\u00e9stimos p<span class=\"_ _1\"></span>or obriga\u00e7\u00f5es<span class=\"_ _1\"></span> Navigator 2022-20<span class=\"_ _1\"></span>28 ESG junho 2028 Ta<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a v<span class=\"_ _3b\"></span>ari<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _3b\"></span>el i<span class=\"_ _3b\"></span>nd<span class=\"_ _0\"></span>exa<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r, <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap <span class=\"_ _3b\"></span>par<span class=\"_ _3b\"></span>a t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a -  150.000.000 <span class=\"_ _1\"></span> 150.000.000 <span class=\"_ _1\"></span> 150.000.000 <span class=\"_ _1\"></span> Navigator 2019-20<span class=\"_ _1\"></span>26 janeiro 2026<span class=\"_ _1\"></span> Taxa Fixa -  50.000.000 <span class=\"_ _1\"></span> 50.000.000 <span class=\"_ _1\"></span> 50.000.000 <span class=\"_ _1\"></span> Navigator 2019-20<span class=\"_ _1\"></span>25 mar\u00e7o 2025 Ta<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a v<span class=\"_ _3b\"></span>ari<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _3b\"></span>el i<span class=\"_ _3b\"></span>nd<span class=\"_ _0\"></span>exa<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r, <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap <span class=\"_ _3b\"></span>par<span class=\"_ _3b\"></span>a t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a 20.000.000 <span class=\"_ _1\"></span> 30.000.000 <span class=\"_ _1\"></span> 50.000.000 <span class=\"_ _1\"></span> 50.000.000 <span class=\"_ _1\"></span> Navigator 2021-20<span class=\"_ _1\"></span>26 abril 2026 Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 2.500.000 <span class=\"_ _1\"></span> 15.000.000 <span class=\"_ _1\"></span> 17.500.000 <span class=\"_ _1\"></span> 17.500.000 <span class=\"_ _1\"></span> Navigator 2020-20<span class=\"_ _1\"></span>26 dezembro 2026<span class=\"_ _1\"></span> Ta<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a v<span class=\"_ _3b\"></span>ari<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _3b\"></span>el i<span class=\"_ _3b\"></span>nd<span class=\"_ _0\"></span>exa<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r, <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap <span class=\"_ _3b\"></span>par<span class=\"_ _3b\"></span>a t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a -  75.000.000 <span class=\"_ _1\"></span> 75.000.000 <span class=\"_ _1\"></span> 75.000.000 <span class=\"_ _1\"></span> Navigator 2021-20<span class=\"_ _1\"></span>26 ESG agosto 2026 Ta<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a v<span class=\"_ _3b\"></span>ari<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _3b\"></span>el i<span class=\"_ _3b\"></span>nd<span class=\"_ _0\"></span>exa<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r, <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap <span class=\"_ _3b\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _3b\"></span>tax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a -  100.000.000 <span class=\"_ _1\"></span> 100.000.000 <span class=\"_ _1\"></span> 100.000.000 <span class=\"_ _1\"></span> Comiss\u00f5es -  (3.480.083) -  (3.480.083) Banco Europeu d<span class=\"_ _1\"></span>e Investiment<span class=\"_ _1\"></span>o Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Energia dezembro 2024<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 7.083.333 <span class=\"_ _1\"></span> 7.083.334 <span class=\"_ _1\"></span> 14.166.667 <span class=\"_ _1\"></span> 14.166.667 <span class=\"_ _1\"></span> Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Cacia maio 2028 Taxa Fixa 2.777.778 <span class=\"_ _1\"></span> 12.500.000 <span class=\"_ _1\"></span> 15.277.778 <span class=\"_ _1\"></span> 15.277.778 <span class=\"_ _1\"></span> Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Figueira<span class=\"_ _1\"></span> fevereiro 2029<span class=\"_ _1\"></span> Taxa Fixa 5.714.286 <span class=\"_ _1\"></span> 31.428.571 <span class=\"_ _1\"></span> 37.142.857 <span class=\"_ _1\"></span> 37.142.857 <span class=\"_ _1\"></span> Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Biomass Bo<span class=\"_ _1\"></span>iler ESG mar\u00e7o 2031 Taxa Fixa -  27.500.000 <span class=\"_ _1\"></span> 27.500.000 <span class=\"_ _1\"></span> 27.500.000 <span class=\"_ _1\"></span> Programa de<span class=\"_ _1\"></span> Papel Comerci<span class=\"_ _1\"></span>al Programa de Pape<span class=\"_ _1\"></span>l Comercial 175<span class=\"_ _1\"></span>M fevereiro 2026<span class=\"_ _1\"></span> Taxa Fixa 35.000.000 <span class=\"_ _1\"></span> 105.000.000 <span class=\"_ _1\"></span> 140.000.000 <span class=\"_ _1\"></span> 140.000.000 <span class=\"_ _1\"></span> Programa de Pape<span class=\"_ _1\"></span>l Comercial 65M<span class=\"_ _1\"></span> ESG<span class=\"_ _1\"></span> dezembro 2026<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> -  -  65.000.000 <span class=\"_ _1\"></span> -  Programa de Pape<span class=\"_ _1\"></span>l Comercial 75M<span class=\"_ _1\"></span> fevereiro 2026<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> - -  75.000.000 <span class=\"_ _1\"></span> -  Programa de Pape<span class=\"_ _1\"></span>l Comercial 50M<span class=\"_ _1\"></span> dezembro 2025<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> - -  50.000.000 <span class=\"_ _1\"></span> -  Financiamentos<span class=\"_ _1\"></span> Financiamento <span class=\"_ _1\"></span>longo prazo<span class=\"_ _1\"></span> mar\u00e7o 2026 Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 2.000.000 <span class=\"_ _1\"></span> 13.000.000 <span class=\"_ _1\"></span> 15.000.000 <span class=\"_ _1\"></span> 15.000.000 <span class=\"_ _1\"></span> Incentivos Ree<span class=\"_ _1\"></span>mbols\u00e1veis<span class=\"_ _1\"></span> AICEP novembro 2027<span class=\"_ _1\"></span> Taxa Fixa 7.219.439 <span class=\"_ _1\"></span> 29.975.064 <span class=\"_ _1\"></span> 37.194.503 <span class=\"_ _1\"></span> 37.194.503 <span class=\"_ _1\"></span> Diferimentos e aju<span class=\"_ _1\"></span>stamentos<span class=\"_ _1\"></span> -  -  -  -  Linhas banc\u00e1ria<span class=\"_ _1\"></span>s   Linha curto prazo<span class=\"_ _1\"></span> 20M -  - 20.450.714 <span class=\"_ _1\"></span> -  725.301.722 <span class=\"_ _1\"></span> 82.294.836 <span class=\"_ _1\"></span> 643.006.886 <span class=\"_ _1\"></span> 31/12/21 Montante <span class=\"_ _0\"></span> N\u00e3o Valores em Euros<span class=\"_ _1\"></span> Montante  em d\u00edvida<span class=\"_ _0\"></span> Vencimento<span class=\"_ _0\"></span> Taxa de juro<span class=\"_ _0\"></span> Corrente  Corrente Empr\u00e9stimos p<span class=\"_ _1\"></span>or obriga\u00e7\u00f5es<span class=\"_ _1\"></span> Navigator 2015-20<span class=\"_ _1\"></span>23 150.000.000 <span class=\"_ _1\"></span> 150.000.000 <span class=\"_ _1\"></span> setembro 2023<span class=\"_ _1\"></span> Ta<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a v<span class=\"_ _3b\"></span>ari<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _3b\"></span>el i<span class=\"_ _3b\"></span>nd<span class=\"_ _0\"></span>exa<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r, <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap <span class=\"_ _3b\"></span>par<span class=\"_ _3b\"></span>a t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a -  150.000.000 <span class=\"_ _1\"></span> Navigator 2019-20<span class=\"_ _1\"></span>26 50.000.000 <span class=\"_ _1\"></span> 50.000.000 <span class=\"_ _1\"></span> janeiro 2026<span class=\"_ _1\"></span> Taxa Fixa -  50.000.000 <span class=\"_ _1\"></span> Navigator 2019-20<span class=\"_ _1\"></span>25 50.000.000 <span class=\"_ _1\"></span> 50.000.000 <span class=\"_ _1\"></span> mar\u00e7o 2025 Ta<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a v<span class=\"_ _3b\"></span>ari<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _3b\"></span>el i<span class=\"_ _3b\"></span>nd<span class=\"_ _0\"></span>exa<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r, <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap <span class=\"_ _3b\"></span>par<span class=\"_ _3b\"></span>a t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a -  50.000.000 <span class=\"_ _1\"></span> Navigator 2021-20<span class=\"_ _1\"></span>26 20.000.000 <span class=\"_ _1\"></span> 20.000.000 <span class=\"_ _1\"></span> abril 2026 Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 2.500.000 <span class=\"_ _1\"></span> 17.500.000 <span class=\"_ _1\"></span> Navigator 2020-20<span class=\"_ _1\"></span>26 75.000.000 <span class=\"_ _1\"></span> 75.000.000 <span class=\"_ _1\"></span> dezembro 2026<span class=\"_ _1\"></span> Ta<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a v<span class=\"_ _3b\"></span>ari<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _3b\"></span>el i<span class=\"_ _3b\"></span>nd<span class=\"_ _0\"></span>exa<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r, <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap <span class=\"_ _3b\"></span>par<span class=\"_ _3b\"></span>a t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a -  75.000.000 <span class=\"_ _1\"></span> Navigator 2021-20<span class=\"_ _1\"></span>26 ESG 100.000.000 <span class=\"_ _1\"></span> 100.000.000 <span class=\"_ _1\"></span> agosto 2026 Taxa Fixa -  100.000.000 <span class=\"_ _1\"></span> Comiss\u00f5es -  (3.415.421) -  (3.415.421) Banco Europeu d<span class=\"_ _1\"></span>e Investiment<span class=\"_ _1\"></span>o Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Energia 21.250.000 <span class=\"_ _1\"></span> 21.250.000 <span class=\"_ _1\"></span> dezembro 2024<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 7.083.333 <span class=\"_ _1\"></span> 14.166.667 <span class=\"_ _1\"></span> Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Cacia 18.055.555 <span class=\"_ _1\"></span> 18.055.555 <span class=\"_ _1\"></span> maio 2028 Taxa Fixa 2.777.778 <span class=\"_ _1\"></span> 15.277.777 <span class=\"_ _1\"></span> Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Figueira<span class=\"_ _1\"></span> 40.000.000 <span class=\"_ _1\"></span> 40.000.000 <span class=\"_ _1\"></span> fevereiro 2029<span class=\"_ _1\"></span> Taxa Fixa 2.857.143 <span class=\"_ _1\"></span> 37.142.857 <span class=\"_ _1\"></span> Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Biomass Bo<span class=\"_ _1\"></span>iler ESG 27.500.000 <span class=\"_ _1\"></span> 27.500.000 <span class=\"_ _1\"></span> mar\u00e7o 2031 Taxa Fixa -  27.500.000 <span class=\"_ _1\"></span> Programa de<span class=\"_ _1\"></span> Papel Comerci<span class=\"_ _1\"></span>al Programa de Pape<span class=\"_ _1\"></span>l Comercial 175<span class=\"_ _1\"></span>M 175.000.000 <span class=\"_ _1\"></span> 175.000.000 <span class=\"_ _1\"></span> fevereiro 2026<span class=\"_ _1\"></span> Taxa Fixa 35.000.000 <span class=\"_ _1\"></span> 140.000.000 <span class=\"_ _1\"></span> Programa de Pape<span class=\"_ _1\"></span>l Comercial 65M<span class=\"_ _1\"></span> ESG<span class=\"_ _1\"></span> 65.000.000 <span class=\"_ _1\"></span> 65.000.000 <span class=\"_ _1\"></span> janeiro 2022<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 65.000.000 <span class=\"_ _1\"></span> -  Programa de Pape<span class=\"_ _1\"></span>l Comercial 75M<span class=\"_ _1\"></span> 75.000.000 <span class=\"_ _1\"></span> -  fevereiro 2026<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> - -  Programa de Pape<span class=\"_ _1\"></span>l Comercial 50M<span class=\"_ _1\"></span> 50.000.000 <span class=\"_ _1\"></span> -  dezembro 2025<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> - -  Financiamentos<span class=\"_ _1\"></span> Financiamento <span class=\"_ _1\"></span>longo prazo<span class=\"_ _1\"></span> 15.000.000 <span class=\"_ _1\"></span> 15.000.000 <span class=\"_ _1\"></span> mar\u00e7o 2026 Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 15.000.000 <span class=\"_ _1\"></span> Incentivos Ree<span class=\"_ _1\"></span>mbols\u00e1veis<span class=\"_ _1\"></span> AICEP 38.609.513 <span class=\"_ _1\"></span> 38.609.513 <span class=\"_ _1\"></span> novembro 2027<span class=\"_ _1\"></span> Taxa Fixa 4.099.903 <span class=\"_ _1\"></span> 34.509.610 <span class=\"_ _1\"></span> Diferimentos<span class=\"_ _1\"></span> -  (8.055.598) -  (8.055.598) Linhas banc\u00e1ria<span class=\"_ _1\"></span>s   Linha curto pra<span class=\"_ _1\"></span>zo 20M 20.450.714 <span class=\"_ _1\"></span> -  -  - 833.944.049 <span class=\"_ _1\"></span> 119.318.157 <span class=\"_ _1\"></span> 714.625.892 <span class=\"_ _1\"></span> Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, <span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>d\u00ed<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> os en<span class=\"_ _0\"></span>car<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>nuai<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rtur<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 1.<span class=\"_ _0\"></span>5%<span class=\"_ _0\"></span> (a <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> dez<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21 <span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e 1<span class=\"_ _0\"></span>.5%<span class=\"_ _0\"></span>). Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tav<span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>8%<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>ndex<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ao cum<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>sos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> (31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1: <span class=\"_ _0\"></span>23%<span class=\"_ _0\"></span>). Os <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ree<span class=\"_ _0\"></span>mbo<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es de<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>ham<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 N\u00e3o corrente<span class=\"_ _1\"></span> 1 a 2 anos 84.259.122 234.259.122 2 a 3 anos 156.640.074 86.223.407 3 a 4 anos 261.140.074 106.640.074 4 a 5 anos 19.640.074 261.140.074 Mais de 5 anos<span class=\"_ _1\"></span> 124.807.625 37.834.234 646.486.969 726.096.911 Comiss\u00f5es (3.480.083) (11.<span class=\"ls24\">471</span>.019) 643.006.886 714.625.892 Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Prog<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>omer<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al, Fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>ong<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>raz<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>sad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, be<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>como<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>to di<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>n\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> <span class=\"ff9\">ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>\u20ac2<span class=\"_ _0\"></span>10<span class=\"_ _0\"></span>.450<span class=\"_ _0\"></span>.7<span class=\"_ _0\"></span>14 (<span class=\"_ _0\"></span><span class=\"ff1 ls16\">31<span class=\"ls0\"> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span><span class=\"ff9\">de <span class=\"_ _0\"></span>2021<span class=\"_ _0\"></span>: <span class=\"_ _0\"></span>\u20ac14<span class=\"_ _0\"></span>5.4<span class=\"_ _0\"></span>50<span class=\"_ _0\"></span>.714<span class=\"_ _0\"></span><span class=\"ff1 lsd\">).<span class=\"fs11 ls0\"> </span></span></span></span></span></span>Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a d\u00ed<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>a l\u00ed<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>mune<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>-se c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Financiamentos<span class=\"_ _1\"></span> obtidos (Nota 5.7<span class=\"_ _1\"></span>) 725.301.722 833.944.049 Caixa e equiva<span class=\"_ _1\"></span>lentes de caixa (N<span class=\"_ _1\"></span>ota 5.9)<span class=\"_ _1\"></span> (343.083.788)<span class=\"_ _1\"></span> (239.171.252)<span class=\"_ _1\"></span> D\u00edvida l\u00edquid<span class=\"_ _1\"></span>a remunerada<span class=\"_ _1\"></span> 382.217.934 594.772.797 Passivos de loca\u00e7\u00e3o <span class=\"_ _1\"></span><span class=\"ff1\">(Nota<span class=\"_ _1\"></span> 5.8)</span> 61.641.049 53.240.925 D\u00edvida l\u00edquid<span class=\"_ _1\"></span>a remunerada co<span class=\"_ _1\"></span>m passivos de loca\u00e7\u00e3o<span class=\"_ _45\"></span> 443.858.983 648.013.722 Covenants<span class=\"ff3\"> financeiros em vigor </span>R\u00e1cio Defini\u00e7\u00e3o<span class=\"_ _0\"></span> Empr\u00e9stimos Limite Cobertura de juros<span class=\"_ _1\"></span> EBITDA 12M / Juro<span class=\"_ _1\"></span>s l\u00edquidos anua<span class=\"_ _1\"></span>lizados<span class=\"_ _1\"></span> Banc\u00e1rios \u2265<span class=\"ff1\"> 4,5 - 5,5<span class=\"_ _1\"></span> </span>Endividamento<span class=\"_ _1\"></span> D\u00edvida remunerada <span class=\"_ _1\"></span>/ EBITDA 12M<span class=\"_ _1\"></span> Banc\u00e1rios \u2264<span class=\"ff1\"> 4,5 </span>Banc\u00e1rios \u2264<span class=\"ff1\"> 4,0 </span>(D\u00edvida remunerada<span class=\"_ _1\"></span> - D<span class=\"_ _1\"></span>isponibilidades) / Net Debt / EBITDA<span class=\"_ _1\"></span> Papel Comerc<span class=\"_ _1\"></span>ial \u2264<span class=\"ff1\"> 4,0 - 5,0<span class=\"_ _1\"></span> </span>EB<span class=\"ls0\">ITDA 12M </span>Obriga\u00e7\u00f5es<span class=\"_ _1\"></span> \u2264<span class=\"ff1\"> 4,0 </span>Ten<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or b<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sent<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>De<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>r\u00e1ci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tav<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>\u00eanci<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>1 de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21:<span class=\"_ _0\"></span> Estimativas e julgamentos Pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omer<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> tem<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>rso<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>rog<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>miss<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l n<span class=\"_ _0\"></span>ego<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ordo<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> fr<span class=\"_ _0\"></span>equ<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>uri<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l i<span class=\"_ _0\"></span>nfer<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>, mas<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>a <span class=\"ff7\">re<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span><span class=\"ff1\">. No<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>o <span class=\"ff7\">r<span class=\"_ _0\"></span>oll<span class=\"_ _0\"></span> ov<span class=\"_ _0\"></span>er<span class=\"ff1\"> <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s </span></span></span></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es. R\u00e1cios 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>21<span class=\"ls0\"> </span>Cobertura de juros<span class=\"_ _1\"></span> 85,43  35,29  Endividamento<span class=\"_ _1\"></span> 0,98  2,35  Net Debt / EBITDA<span class=\"_ _1\"></span> 0,52  1,68  Os <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>apu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o qu<span class=\"_ _0\"></span>adr<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>clue<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sivos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>. Ate<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> lim<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>atual<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> e 2<span class=\"_ _0\"></span>0<span class=\"ls16\">21</span> o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> sit<span class=\"_ _0\"></span>ua\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de cum<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span><span class=\"ff7\">cov<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>s<span class=\"ff1\"> ne<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>A m<span class=\"_ _0\"></span>arg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> m\u00ed<span class=\"_ _0\"></span>nima <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>uran<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rido<span class=\"_ _0\"></span>s </span></span>cov<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>s<span class=\"ff1\"> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>zem<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span><span class=\"ls16\">21<span class=\"ls0\">, en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>tari<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>n\u00edve<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>de </span></span></span>se<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>erio<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>a 8<span class=\"_ _0\"></span>0%. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDebtSecuritiesExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-134-3": {
   "value": "5.7.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>bt<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s </span></span>31/12/22<span class=\"ff3 fs11\"> </span>31/12/21<span class=\"ff3 fs11\"> </span>N\u00e3o N\u00e3o Valores em Euros<span class=\"_ _1\"></span> Corrente Corrente Total Corrente Corrente Total Empr\u00e9stimos por <span class=\"_ _1\"></span>obriga\u00e7\u00f5es<span class=\"_ _1\"></span> 420.000.000 <span class=\"_ _1\"></span> 22.500.000 <span class=\"_ _1\"></span> 442.500.000 <span class=\"_ _1\"></span> 442.500.000 <span class=\"_ _1\"></span> 2.500.000 <span class=\"_ _1\"></span> 445.000.000 <span class=\"_ _1\"></span> Papel Comerc<span class=\"_ _1\"></span>ial 105.000.000 <span class=\"_ _1\"></span> 35.000.000 <span class=\"_ _1\"></span> 140.000.000 <span class=\"_ _1\"></span> 140.000.000 <span class=\"_ _1\"></span> 100.000.000 <span class=\"_ _1\"></span> 240.000.000 <span class=\"_ _1\"></span> Empr\u00e9stimos ban<span class=\"_ _1\"></span>c\u00e1rios<span class=\"_ _1\"></span> 91.511.905 <span class=\"_ _1\"></span> 17.575.397 <span class=\"_ _1\"></span> 109.087.302 <span class=\"_ _1\"></span> 109.087.301 <span class=\"_ _1\"></span> 12.718.254 <span class=\"_ _1\"></span> 121.805.555 <span class=\"_ _1\"></span> Encargos com emi<span class=\"_ _1\"></span>ss\u00e3o de obriga\u00e7<span class=\"_ _1\"></span>\u00f5es<span class=\"_ _1\"></span> (3.480.083) -  (3.480.083) (3.415.421)<span class=\"_ _1\"></span> -  (3.415.421) Incentivos Reem<span class=\"_ _1\"></span>bols\u00e1veis<span class=\"_ _1\"></span> 29.975.064 <span class=\"_ _1\"></span> 7.219.439 <span class=\"_ _1\"></span> 37.194.503 <span class=\"_ _1\"></span> 34.509.610 <span class=\"_ _1\"></span> 4.099.903 <span class=\"_ _1\"></span> 38.609.513 <span class=\"_ _1\"></span> Diferimentos e aju<span class=\"_ _1\"></span>stamentos<span class=\"_ _1\"></span> -  -  -  (8.055.598)<span class=\"_ _1\"></span> -  (8.055.598) T\u00edtulos de d\u00edvid<span class=\"_ _1\"></span>a e d\u00edvid<span class=\"_ _1\"></span>a banc\u00e1ria<span class=\"_ _1\"></span> 643.006.886 <span class=\"_ _1\"></span> 82.294.836 <span class=\"_ _1\"></span> 725.301.722 <span class=\"_ _1\"></span> 714.625.892 <span class=\"_ _1\"></span> 119.318.157 <span class=\"_ _1\"></span> 833.944.049 <span class=\"_ _1\"></span> Taxa m\u00e9dia d<span class=\"_ _1\"></span>e juro, considerand<span class=\"_ _1\"></span>o encargos com co<span class=\"_ _1\"></span>miss\u00f5es an<span class=\"_ _1\"></span>uais e 1,5% 1,5% opera\u00e7\u00f5es de<span class=\"_ _1\"></span> cobertura<span class=\"_ _1\"></span> No<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 <span class=\"ff9\">a <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tiu<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pr\u00e9<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac1<span class=\"_ _0\"></span>50 </span>mi<span class=\"_ _0\"></span>lh\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m m<span class=\"_ _0\"></span>atur<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 20<span class=\"_ _0\"></span>28<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Su<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>inab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ty-<span class=\"_ _0\"></span>Lin<span class=\"_ _0\"></span>ked<span class=\"_ _0\"></span> Bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s F<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>mewor<span class=\"_ _0\"></span>k,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o em<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>mul<span class=\"_ _0\"></span>t\u00e2n<span class=\"_ _0\"></span>eo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ols<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> ant<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>iame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>smo<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>v\u00e1l<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> at\u00e9<span class=\"_ _0\"></span> <span class=\"ls16\">2023.</span> Est<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>uiu <span class=\"_ _0\"></span>para<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ext<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>\u00edvi<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>, be<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a a re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nciam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa,<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>\u00e9m <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>di\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> aj<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ao cum<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>sos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>. As<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ondi<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>do e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>\u00e3o in<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>xad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>r\u00eas<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dica<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> ESG<span class=\"_ _0\"></span> j\u00e1<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sent<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Ag<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Sus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>, po<span class=\"_ _0\"></span>r u<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>vez<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>alin<span class=\"_ _0\"></span>had<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>os O<span class=\"_ _0\"></span>bj<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> D<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>lvi<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o S<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> Uni<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ols<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>lue<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ince<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a A<span class=\"_ _0\"></span>ICEP <span class=\"_ _3b\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> Ag<span class=\"_ _0\"></span>\u00eanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Inve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>e </span></span>Com<span class=\"_ _0\"></span>\u00e9r<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>o Ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rno<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>ugal<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e2mbi<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e di<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>sos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>roje<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>iga\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>vim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> se <span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>i o <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cent<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o \u00e2<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>cele<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e1ria<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Ti<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Avei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A., <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>a f\u00e1<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ti<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>e<span class=\"ff1\"> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Ave<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>. E<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rato<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>ree<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>vo f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sob<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>um </span>in<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>mbo<span class=\"_ _0\"></span>ls\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span> ao <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> m\u00e1<span class=\"_ _0\"></span>xim<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e \u20ac<span class=\"_ _0\"></span>42<span class=\"_ _0\"></span>.166<span class=\"_ _0\"></span>.63<span class=\"_ _0\"></span>6,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>o pa<span class=\"_ _0\"></span>gam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>r\u00ean<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>\u00fal<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>a am<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o em<span class=\"_ _0\"></span> <span class=\"ls16\">2027.</span> A <span class=\"_ _0\"></span>an\u00e1l<span class=\"_ _3b\"></span>ise d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>iam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00e9 a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>8.1<span class=\"_ _0\"></span>.3<span class=\"_ _0\"></span> <span class=\"ff15\">\u2013</span> R<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>. Financiamentos obtidos <span class=\"ffa\">\u2013</span> Detalhe 31/12/22 Montante <span class=\"_ _0\"></span> N\u00e3o Valores em Euros<span class=\"_ _1\"></span> Montante  em d\u00edvida<span class=\"_ _0\"></span> Vencimento<span class=\"_ _0\"></span> Taxa de juro Corrente  Corrente Empr\u00e9stimos p<span class=\"_ _1\"></span>or obriga\u00e7\u00f5es<span class=\"_ _1\"></span> Navigator 2022-20<span class=\"_ _1\"></span>28 ESG junho 2028 Ta<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a v<span class=\"_ _3b\"></span>ari<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _3b\"></span>el i<span class=\"_ _3b\"></span>nd<span class=\"_ _0\"></span>exa<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r, <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap <span class=\"_ _3b\"></span>par<span class=\"_ _3b\"></span>a t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a -  150.000.000 <span class=\"_ _1\"></span> 150.000.000 <span class=\"_ _1\"></span> 150.000.000 <span class=\"_ _1\"></span> Navigator 2019-20<span class=\"_ _1\"></span>26 janeiro 2026<span class=\"_ _1\"></span> Taxa Fixa -  50.000.000 <span class=\"_ _1\"></span> 50.000.000 <span class=\"_ _1\"></span> 50.000.000 <span class=\"_ _1\"></span> Navigator 2019-20<span class=\"_ _1\"></span>25 mar\u00e7o 2025 Ta<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a v<span class=\"_ _3b\"></span>ari<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _3b\"></span>el i<span class=\"_ _3b\"></span>nd<span class=\"_ _0\"></span>exa<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r, <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap <span class=\"_ _3b\"></span>par<span class=\"_ _3b\"></span>a t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a 20.000.000 <span class=\"_ _1\"></span> 30.000.000 <span class=\"_ _1\"></span> 50.000.000 <span class=\"_ _1\"></span> 50.000.000 <span class=\"_ _1\"></span> Navigator 2021-20<span class=\"_ _1\"></span>26 abril 2026 Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 2.500.000 <span class=\"_ _1\"></span> 15.000.000 <span class=\"_ _1\"></span> 17.500.000 <span class=\"_ _1\"></span> 17.500.000 <span class=\"_ _1\"></span> Navigator 2020-20<span class=\"_ _1\"></span>26 dezembro 2026<span class=\"_ _1\"></span> Ta<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a v<span class=\"_ _3b\"></span>ari<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _3b\"></span>el i<span class=\"_ _3b\"></span>nd<span class=\"_ _0\"></span>exa<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r, <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap <span class=\"_ _3b\"></span>par<span class=\"_ _3b\"></span>a t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a -  75.000.000 <span class=\"_ _1\"></span> 75.000.000 <span class=\"_ _1\"></span> 75.000.000 <span class=\"_ _1\"></span> Navigator 2021-20<span class=\"_ _1\"></span>26 ESG agosto 2026 Ta<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a v<span class=\"_ _3b\"></span>ari<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _3b\"></span>el i<span class=\"_ _3b\"></span>nd<span class=\"_ _0\"></span>exa<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r, <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap <span class=\"_ _3b\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _3b\"></span>tax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a -  100.000.000 <span class=\"_ _1\"></span> 100.000.000 <span class=\"_ _1\"></span> 100.000.000 <span class=\"_ _1\"></span> Comiss\u00f5es -  (3.480.083) -  (3.480.083) Banco Europeu d<span class=\"_ _1\"></span>e Investiment<span class=\"_ _1\"></span>o Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Energia dezembro 2024<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 7.083.333 <span class=\"_ _1\"></span> 7.083.334 <span class=\"_ _1\"></span> 14.166.667 <span class=\"_ _1\"></span> 14.166.667 <span class=\"_ _1\"></span> Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Cacia maio 2028 Taxa Fixa 2.777.778 <span class=\"_ _1\"></span> 12.500.000 <span class=\"_ _1\"></span> 15.277.778 <span class=\"_ _1\"></span> 15.277.778 <span class=\"_ _1\"></span> Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Figueira<span class=\"_ _1\"></span> fevereiro 2029<span class=\"_ _1\"></span> Taxa Fixa 5.714.286 <span class=\"_ _1\"></span> 31.428.571 <span class=\"_ _1\"></span> 37.142.857 <span class=\"_ _1\"></span> 37.142.857 <span class=\"_ _1\"></span> Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Biomass Bo<span class=\"_ _1\"></span>iler ESG mar\u00e7o 2031 Taxa Fixa -  27.500.000 <span class=\"_ _1\"></span> 27.500.000 <span class=\"_ _1\"></span> 27.500.000 <span class=\"_ _1\"></span> Programa de<span class=\"_ _1\"></span> Papel Comerci<span class=\"_ _1\"></span>al Programa de Pape<span class=\"_ _1\"></span>l Comercial 175<span class=\"_ _1\"></span>M fevereiro 2026<span class=\"_ _1\"></span> Taxa Fixa 35.000.000 <span class=\"_ _1\"></span> 105.000.000 <span class=\"_ _1\"></span> 140.000.000 <span class=\"_ _1\"></span> 140.000.000 <span class=\"_ _1\"></span> Programa de Pape<span class=\"_ _1\"></span>l Comercial 65M<span class=\"_ _1\"></span> ESG<span class=\"_ _1\"></span> dezembro 2026<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> -  -  65.000.000 <span class=\"_ _1\"></span> -  Programa de Pape<span class=\"_ _1\"></span>l Comercial 75M<span class=\"_ _1\"></span> fevereiro 2026<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> - -  75.000.000 <span class=\"_ _1\"></span> -  Programa de Pape<span class=\"_ _1\"></span>l Comercial 50M<span class=\"_ _1\"></span> dezembro 2025<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> - -  50.000.000 <span class=\"_ _1\"></span> -  Financiamentos<span class=\"_ _1\"></span> Financiamento <span class=\"_ _1\"></span>longo prazo<span class=\"_ _1\"></span> mar\u00e7o 2026 Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 2.000.000 <span class=\"_ _1\"></span> 13.000.000 <span class=\"_ _1\"></span> 15.000.000 <span class=\"_ _1\"></span> 15.000.000 <span class=\"_ _1\"></span> Incentivos Ree<span class=\"_ _1\"></span>mbols\u00e1veis<span class=\"_ _1\"></span> AICEP novembro 2027<span class=\"_ _1\"></span> Taxa Fixa 7.219.439 <span class=\"_ _1\"></span> 29.975.064 <span class=\"_ _1\"></span> 37.194.503 <span class=\"_ _1\"></span> 37.194.503 <span class=\"_ _1\"></span> Diferimentos e aju<span class=\"_ _1\"></span>stamentos<span class=\"_ _1\"></span> -  -  -  -  Linhas banc\u00e1ria<span class=\"_ _1\"></span>s   Linha curto prazo<span class=\"_ _1\"></span> 20M -  - 20.450.714 <span class=\"_ _1\"></span> -  725.301.722 <span class=\"_ _1\"></span> 82.294.836 <span class=\"_ _1\"></span> 643.006.886 <span class=\"_ _1\"></span> 31/12/21 Montante <span class=\"_ _0\"></span> N\u00e3o Valores em Euros<span class=\"_ _1\"></span> Montante  em d\u00edvida<span class=\"_ _0\"></span> Vencimento<span class=\"_ _0\"></span> Taxa de juro<span class=\"_ _0\"></span> Corrente  Corrente Empr\u00e9stimos p<span class=\"_ _1\"></span>or obriga\u00e7\u00f5es<span class=\"_ _1\"></span> Navigator 2015-20<span class=\"_ _1\"></span>23 150.000.000 <span class=\"_ _1\"></span> 150.000.000 <span class=\"_ _1\"></span> setembro 2023<span class=\"_ _1\"></span> Ta<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a v<span class=\"_ _3b\"></span>ari<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _3b\"></span>el i<span class=\"_ _3b\"></span>nd<span class=\"_ _0\"></span>exa<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r, <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap <span class=\"_ _3b\"></span>par<span class=\"_ _3b\"></span>a t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a -  150.000.000 <span class=\"_ _1\"></span> Navigator 2019-20<span class=\"_ _1\"></span>26 50.000.000 <span class=\"_ _1\"></span> 50.000.000 <span class=\"_ _1\"></span> janeiro 2026<span class=\"_ _1\"></span> Taxa Fixa -  50.000.000 <span class=\"_ _1\"></span> Navigator 2019-20<span class=\"_ _1\"></span>25 50.000.000 <span class=\"_ _1\"></span> 50.000.000 <span class=\"_ _1\"></span> mar\u00e7o 2025 Ta<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a v<span class=\"_ _3b\"></span>ari<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _3b\"></span>el i<span class=\"_ _3b\"></span>nd<span class=\"_ _0\"></span>exa<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r, <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap <span class=\"_ _3b\"></span>par<span class=\"_ _3b\"></span>a t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a -  50.000.000 <span class=\"_ _1\"></span> Navigator 2021-20<span class=\"_ _1\"></span>26 20.000.000 <span class=\"_ _1\"></span> 20.000.000 <span class=\"_ _1\"></span> abril 2026 Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 2.500.000 <span class=\"_ _1\"></span> 17.500.000 <span class=\"_ _1\"></span> Navigator 2020-20<span class=\"_ _1\"></span>26 75.000.000 <span class=\"_ _1\"></span> 75.000.000 <span class=\"_ _1\"></span> dezembro 2026<span class=\"_ _1\"></span> Ta<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a v<span class=\"_ _3b\"></span>ari<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _3b\"></span>el i<span class=\"_ _3b\"></span>nd<span class=\"_ _0\"></span>exa<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r, <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap <span class=\"_ _3b\"></span>par<span class=\"_ _3b\"></span>a t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a -  75.000.000 <span class=\"_ _1\"></span> Navigator 2021-20<span class=\"_ _1\"></span>26 ESG 100.000.000 <span class=\"_ _1\"></span> 100.000.000 <span class=\"_ _1\"></span> agosto 2026 Taxa Fixa -  100.000.000 <span class=\"_ _1\"></span> Comiss\u00f5es -  (3.415.421) -  (3.415.421) Banco Europeu d<span class=\"_ _1\"></span>e Investiment<span class=\"_ _1\"></span>o Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Energia 21.250.000 <span class=\"_ _1\"></span> 21.250.000 <span class=\"_ _1\"></span> dezembro 2024<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 7.083.333 <span class=\"_ _1\"></span> 14.166.667 <span class=\"_ _1\"></span> Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Cacia 18.055.555 <span class=\"_ _1\"></span> 18.055.555 <span class=\"_ _1\"></span> maio 2028 Taxa Fixa 2.777.778 <span class=\"_ _1\"></span> 15.277.777 <span class=\"_ _1\"></span> Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Figueira<span class=\"_ _1\"></span> 40.000.000 <span class=\"_ _1\"></span> 40.000.000 <span class=\"_ _1\"></span> fevereiro 2029<span class=\"_ _1\"></span> Taxa Fixa 2.857.143 <span class=\"_ _1\"></span> 37.142.857 <span class=\"_ _1\"></span> Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Biomass Bo<span class=\"_ _1\"></span>iler ESG 27.500.000 <span class=\"_ _1\"></span> 27.500.000 <span class=\"_ _1\"></span> mar\u00e7o 2031 Taxa Fixa -  27.500.000 <span class=\"_ _1\"></span> Programa de<span class=\"_ _1\"></span> Papel Comerci<span class=\"_ _1\"></span>al Programa de Pape<span class=\"_ _1\"></span>l Comercial 175<span class=\"_ _1\"></span>M 175.000.000 <span class=\"_ _1\"></span> 175.000.000 <span class=\"_ _1\"></span> fevereiro 2026<span class=\"_ _1\"></span> Taxa Fixa 35.000.000 <span class=\"_ _1\"></span> 140.000.000 <span class=\"_ _1\"></span> Programa de Pape<span class=\"_ _1\"></span>l Comercial 65M<span class=\"_ _1\"></span> ESG<span class=\"_ _1\"></span> 65.000.000 <span class=\"_ _1\"></span> 65.000.000 <span class=\"_ _1\"></span> janeiro 2022<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 65.000.000 <span class=\"_ _1\"></span> -  Programa de Pape<span class=\"_ _1\"></span>l Comercial 75M<span class=\"_ _1\"></span> 75.000.000 <span class=\"_ _1\"></span> -  fevereiro 2026<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> - -  Programa de Pape<span class=\"_ _1\"></span>l Comercial 50M<span class=\"_ _1\"></span> 50.000.000 <span class=\"_ _1\"></span> -  dezembro 2025<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> - -  Financiamentos<span class=\"_ _1\"></span> Financiamento <span class=\"_ _1\"></span>longo prazo<span class=\"_ _1\"></span> 15.000.000 <span class=\"_ _1\"></span> 15.000.000 <span class=\"_ _1\"></span> mar\u00e7o 2026 Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 15.000.000 <span class=\"_ _1\"></span> Incentivos Ree<span class=\"_ _1\"></span>mbols\u00e1veis<span class=\"_ _1\"></span> AICEP 38.609.513 <span class=\"_ _1\"></span> 38.609.513 <span class=\"_ _1\"></span> novembro 2027<span class=\"_ _1\"></span> Taxa Fixa 4.099.903 <span class=\"_ _1\"></span> 34.509.610 <span class=\"_ _1\"></span> Diferimentos<span class=\"_ _1\"></span> -  (8.055.598) -  (8.055.598) Linhas banc\u00e1ria<span class=\"_ _1\"></span>s   Linha curto pra<span class=\"_ _1\"></span>zo 20M 20.450.714 <span class=\"_ _1\"></span> -  -  - 833.944.049 <span class=\"_ _1\"></span> 119.318.157 <span class=\"_ _1\"></span> 714.625.892 <span class=\"_ _1\"></span> Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, <span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>d\u00ed<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> os en<span class=\"_ _0\"></span>car<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>nuai<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rtur<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 1.<span class=\"_ _0\"></span>5%<span class=\"_ _0\"></span> (a <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> dez<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21 <span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e 1<span class=\"_ _0\"></span>.5%<span class=\"_ _0\"></span>). Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tav<span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>8%<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>ndex<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ao cum<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>sos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> (31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1: <span class=\"_ _0\"></span>23%<span class=\"_ _0\"></span>). Os <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ree<span class=\"_ _0\"></span>mbo<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es de<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>ham<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 N\u00e3o corrente<span class=\"_ _1\"></span> 1 a 2 anos 84.259.122 234.259.122 2 a 3 anos 156.640.074 86.223.407 3 a 4 anos 261.140.074 106.640.074 4 a 5 anos 19.640.074 261.140.074 Mais de 5 anos<span class=\"_ _1\"></span> 124.807.625 37.834.234 646.486.969 726.096.911 Comiss\u00f5es (3.480.083) (11.<span class=\"ls24\">471</span>.019) 643.006.886 714.625.892 Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Prog<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>omer<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al, Fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>ong<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>raz<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>sad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, be<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>como<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>to di<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>n\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> <span class=\"ff9\">ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>\u20ac2<span class=\"_ _0\"></span>10<span class=\"_ _0\"></span>.450<span class=\"_ _0\"></span>.7<span class=\"_ _0\"></span>14 (<span class=\"_ _0\"></span><span class=\"ff1 ls16\">31<span class=\"ls0\"> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span><span class=\"ff9\">de <span class=\"_ _0\"></span>2021<span class=\"_ _0\"></span>: <span class=\"_ _0\"></span>\u20ac14<span class=\"_ _0\"></span>5.4<span class=\"_ _0\"></span>50<span class=\"_ _0\"></span>.714<span class=\"_ _0\"></span><span class=\"ff1 lsd\">).<span class=\"fs11 ls0\"> </span></span></span></span></span></span>Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a d\u00ed<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>a l\u00ed<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>mune<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>-se c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Financiamentos<span class=\"_ _1\"></span> obtidos (Nota 5.7<span class=\"_ _1\"></span>) 725.301.722 833.944.049 Caixa e equiva<span class=\"_ _1\"></span>lentes de caixa (N<span class=\"_ _1\"></span>ota 5.9)<span class=\"_ _1\"></span> (343.083.788)<span class=\"_ _1\"></span> (239.171.252)<span class=\"_ _1\"></span> D\u00edvida l\u00edquid<span class=\"_ _1\"></span>a remunerada<span class=\"_ _1\"></span> 382.217.934 594.772.797 Passivos de loca\u00e7\u00e3o <span class=\"_ _1\"></span><span class=\"ff1\">(Nota<span class=\"_ _1\"></span> 5.8)</span> 61.641.049 53.240.925 D\u00edvida l\u00edquid<span class=\"_ _1\"></span>a remunerada co<span class=\"_ _1\"></span>m passivos de loca\u00e7\u00e3o<span class=\"_ _45\"></span> 443.858.983 648.013.722 Covenants<span class=\"ff3\"> financeiros em vigor </span>R\u00e1cio Defini\u00e7\u00e3o<span class=\"_ _0\"></span> Empr\u00e9stimos Limite Cobertura de juros<span class=\"_ _1\"></span> EBITDA 12M / Juro<span class=\"_ _1\"></span>s l\u00edquidos anua<span class=\"_ _1\"></span>lizados<span class=\"_ _1\"></span> Banc\u00e1rios \u2265<span class=\"ff1\"> 4,5 - 5,5<span class=\"_ _1\"></span> </span>Endividamento<span class=\"_ _1\"></span> D\u00edvida remunerada <span class=\"_ _1\"></span>/ EBITDA 12M<span class=\"_ _1\"></span> Banc\u00e1rios \u2264<span class=\"ff1\"> 4,5 </span>Banc\u00e1rios \u2264<span class=\"ff1\"> 4,0 </span>(D\u00edvida remunerada<span class=\"_ _1\"></span> - D<span class=\"_ _1\"></span>isponibilidades) / Net Debt / EBITDA<span class=\"_ _1\"></span> Papel Comerc<span class=\"_ _1\"></span>ial \u2264<span class=\"ff1\"> 4,0 - 5,0<span class=\"_ _1\"></span> </span>EB<span class=\"ls0\">ITDA 12M </span>Obriga\u00e7\u00f5es<span class=\"_ _1\"></span> \u2264<span class=\"ff1\"> 4,0 </span>Ten<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or b<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sent<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>De<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>r\u00e1ci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tav<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>\u00eanci<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>1 de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21:<span class=\"_ _0\"></span> Estimativas e julgamentos Pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omer<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> tem<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>rso<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>rog<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>miss<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l n<span class=\"_ _0\"></span>ego<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ordo<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> fr<span class=\"_ _0\"></span>equ<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>uri<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l i<span class=\"_ _0\"></span>nfer<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>, mas<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>a <span class=\"ff7\">re<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span><span class=\"ff1\">. No<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>o <span class=\"ff7\">r<span class=\"_ _0\"></span>oll<span class=\"_ _0\"></span> ov<span class=\"_ _0\"></span>er<span class=\"ff1\"> <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s </span></span></span></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es. R\u00e1cios 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>21<span class=\"ls0\"> </span>Cobertura de juros<span class=\"_ _1\"></span> 85,43  35,29  Endividamento<span class=\"_ _1\"></span> 0,98  2,35  Net Debt / EBITDA<span class=\"_ _1\"></span> 0,52  1,68  Os <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>apu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o qu<span class=\"_ _0\"></span>adr<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>clue<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sivos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>. Ate<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> lim<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>atual<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> e 2<span class=\"_ _0\"></span>0<span class=\"ls16\">21</span> o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> sit<span class=\"_ _0\"></span>ua\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de cum<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span><span class=\"ff7\">cov<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>s<span class=\"ff1\"> ne<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>A m<span class=\"_ _0\"></span>arg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> m\u00ed<span class=\"_ _0\"></span>nima <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>uran<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rido<span class=\"_ _0\"></span>s </span></span>cov<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>s<span class=\"ff1\"> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>zem<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span><span class=\"ls16\">21<span class=\"ls0\">, en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>tari<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>n\u00edve<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>de </span></span></span>se<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>erio<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>a 8<span class=\"_ _0\"></span>0%. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfBorrowingsExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-134-4": {
   "value": "5.7.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>bt<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s </span></span>31/12/22<span class=\"ff3 fs11\"> </span>31/12/21<span class=\"ff3 fs11\"> </span>N\u00e3o N\u00e3o Valores em Euros<span class=\"_ _1\"></span> Corrente Corrente Total Corrente Corrente Total Empr\u00e9stimos por <span class=\"_ _1\"></span>obriga\u00e7\u00f5es<span class=\"_ _1\"></span> 420.000.000 <span class=\"_ _1\"></span> 22.500.000 <span class=\"_ _1\"></span> 442.500.000 <span class=\"_ _1\"></span> 442.500.000 <span class=\"_ _1\"></span> 2.500.000 <span class=\"_ _1\"></span> 445.000.000 <span class=\"_ _1\"></span> Papel Comerc<span class=\"_ _1\"></span>ial 105.000.000 <span class=\"_ _1\"></span> 35.000.000 <span class=\"_ _1\"></span> 140.000.000 <span class=\"_ _1\"></span> 140.000.000 <span class=\"_ _1\"></span> 100.000.000 <span class=\"_ _1\"></span> 240.000.000 <span class=\"_ _1\"></span> Empr\u00e9stimos ban<span class=\"_ _1\"></span>c\u00e1rios<span class=\"_ _1\"></span> 91.511.905 <span class=\"_ _1\"></span> 17.575.397 <span class=\"_ _1\"></span> 109.087.302 <span class=\"_ _1\"></span> 109.087.301 <span class=\"_ _1\"></span> 12.718.254 <span class=\"_ _1\"></span> 121.805.555 <span class=\"_ _1\"></span> Encargos com emi<span class=\"_ _1\"></span>ss\u00e3o de obriga\u00e7<span class=\"_ _1\"></span>\u00f5es<span class=\"_ _1\"></span> (3.480.083) -  (3.480.083) (3.415.421)<span class=\"_ _1\"></span> -  (3.415.421) Incentivos Reem<span class=\"_ _1\"></span>bols\u00e1veis<span class=\"_ _1\"></span> 29.975.064 <span class=\"_ _1\"></span> 7.219.439 <span class=\"_ _1\"></span> 37.194.503 <span class=\"_ _1\"></span> 34.509.610 <span class=\"_ _1\"></span> 4.099.903 <span class=\"_ _1\"></span> 38.609.513 <span class=\"_ _1\"></span> Diferimentos e aju<span class=\"_ _1\"></span>stamentos<span class=\"_ _1\"></span> -  -  -  (8.055.598)<span class=\"_ _1\"></span> -  (8.055.598) T\u00edtulos de d\u00edvid<span class=\"_ _1\"></span>a e d\u00edvid<span class=\"_ _1\"></span>a banc\u00e1ria<span class=\"_ _1\"></span> 643.006.886 <span class=\"_ _1\"></span> 82.294.836 <span class=\"_ _1\"></span> 725.301.722 <span class=\"_ _1\"></span> 714.625.892 <span class=\"_ _1\"></span> 119.318.157 <span class=\"_ _1\"></span> 833.944.049 <span class=\"_ _1\"></span> Taxa m\u00e9dia d<span class=\"_ _1\"></span>e juro, considerand<span class=\"_ _1\"></span>o encargos com co<span class=\"_ _1\"></span>miss\u00f5es an<span class=\"_ _1\"></span>uais e 1,5% 1,5% opera\u00e7\u00f5es de<span class=\"_ _1\"></span> cobertura<span class=\"_ _1\"></span> No<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 <span class=\"ff9\">a <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tiu<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pr\u00e9<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac1<span class=\"_ _0\"></span>50 </span>mi<span class=\"_ _0\"></span>lh\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m m<span class=\"_ _0\"></span>atur<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 20<span class=\"_ _0\"></span>28<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Su<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>inab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ty-<span class=\"_ _0\"></span>Lin<span class=\"_ _0\"></span>ked<span class=\"_ _0\"></span> Bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s F<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>mewor<span class=\"_ _0\"></span>k,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o em<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>mul<span class=\"_ _0\"></span>t\u00e2n<span class=\"_ _0\"></span>eo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ols<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> ant<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>iame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>smo<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>v\u00e1l<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> at\u00e9<span class=\"_ _0\"></span> <span class=\"ls16\">2023.</span> Est<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>uiu <span class=\"_ _0\"></span>para<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ext<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>\u00edvi<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>, be<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a a re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nciam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa,<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>\u00e9m <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>di\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> aj<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ao cum<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>sos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>. As<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ondi<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>do e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>\u00e3o in<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>xad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>r\u00eas<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dica<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> ESG<span class=\"_ _0\"></span> j\u00e1<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sent<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Ag<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Sus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>, po<span class=\"_ _0\"></span>r u<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>vez<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>alin<span class=\"_ _0\"></span>had<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>os O<span class=\"_ _0\"></span>bj<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> D<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>lvi<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o S<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> Uni<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ols<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>lue<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ince<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a A<span class=\"_ _0\"></span>ICEP <span class=\"_ _3b\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> Ag<span class=\"_ _0\"></span>\u00eanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Inve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>e </span></span>Com<span class=\"_ _0\"></span>\u00e9r<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>o Ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rno<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>ugal<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e2mbi<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e di<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>sos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>roje<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>iga\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>vim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> se <span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>i o <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cent<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o \u00e2<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>cele<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e1ria<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Ti<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Avei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A., <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>a f\u00e1<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ti<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>e<span class=\"ff1\"> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Ave<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>. E<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rato<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>ree<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>vo f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sob<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>um </span>in<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>mbo<span class=\"_ _0\"></span>ls\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span> ao <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> m\u00e1<span class=\"_ _0\"></span>xim<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e \u20ac<span class=\"_ _0\"></span>42<span class=\"_ _0\"></span>.166<span class=\"_ _0\"></span>.63<span class=\"_ _0\"></span>6,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>o pa<span class=\"_ _0\"></span>gam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>r\u00ean<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>\u00fal<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>a am<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o em<span class=\"_ _0\"></span> <span class=\"ls16\">2027.</span> A <span class=\"_ _0\"></span>an\u00e1l<span class=\"_ _3b\"></span>ise d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>iam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00e9 a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>8.1<span class=\"_ _0\"></span>.3<span class=\"_ _0\"></span> <span class=\"ff15\">\u2013</span> R<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>. Financiamentos obtidos <span class=\"ffa\">\u2013</span> Detalhe 31/12/22 Montante <span class=\"_ _0\"></span> N\u00e3o Valores em Euros<span class=\"_ _1\"></span> Montante  em d\u00edvida<span class=\"_ _0\"></span> Vencimento<span class=\"_ _0\"></span> Taxa de juro Corrente  Corrente Empr\u00e9stimos p<span class=\"_ _1\"></span>or obriga\u00e7\u00f5es<span class=\"_ _1\"></span> Navigator 2022-20<span class=\"_ _1\"></span>28 ESG junho 2028 Ta<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a v<span class=\"_ _3b\"></span>ari<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _3b\"></span>el i<span class=\"_ _3b\"></span>nd<span class=\"_ _0\"></span>exa<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r, <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap <span class=\"_ _3b\"></span>par<span class=\"_ _3b\"></span>a t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a -  150.000.000 <span class=\"_ _1\"></span> 150.000.000 <span class=\"_ _1\"></span> 150.000.000 <span class=\"_ _1\"></span> Navigator 2019-20<span class=\"_ _1\"></span>26 janeiro 2026<span class=\"_ _1\"></span> Taxa Fixa -  50.000.000 <span class=\"_ _1\"></span> 50.000.000 <span class=\"_ _1\"></span> 50.000.000 <span class=\"_ _1\"></span> Navigator 2019-20<span class=\"_ _1\"></span>25 mar\u00e7o 2025 Ta<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a v<span class=\"_ _3b\"></span>ari<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _3b\"></span>el i<span class=\"_ _3b\"></span>nd<span class=\"_ _0\"></span>exa<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r, <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap <span class=\"_ _3b\"></span>par<span class=\"_ _3b\"></span>a t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a 20.000.000 <span class=\"_ _1\"></span> 30.000.000 <span class=\"_ _1\"></span> 50.000.000 <span class=\"_ _1\"></span> 50.000.000 <span class=\"_ _1\"></span> Navigator 2021-20<span class=\"_ _1\"></span>26 abril 2026 Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 2.500.000 <span class=\"_ _1\"></span> 15.000.000 <span class=\"_ _1\"></span> 17.500.000 <span class=\"_ _1\"></span> 17.500.000 <span class=\"_ _1\"></span> Navigator 2020-20<span class=\"_ _1\"></span>26 dezembro 2026<span class=\"_ _1\"></span> Ta<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a v<span class=\"_ _3b\"></span>ari<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _3b\"></span>el i<span class=\"_ _3b\"></span>nd<span class=\"_ _0\"></span>exa<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r, <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap <span class=\"_ _3b\"></span>par<span class=\"_ _3b\"></span>a t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a -  75.000.000 <span class=\"_ _1\"></span> 75.000.000 <span class=\"_ _1\"></span> 75.000.000 <span class=\"_ _1\"></span> Navigator 2021-20<span class=\"_ _1\"></span>26 ESG agosto 2026 Ta<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a v<span class=\"_ _3b\"></span>ari<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _3b\"></span>el i<span class=\"_ _3b\"></span>nd<span class=\"_ _0\"></span>exa<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r, <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap <span class=\"_ _3b\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _3b\"></span>tax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a -  100.000.000 <span class=\"_ _1\"></span> 100.000.000 <span class=\"_ _1\"></span> 100.000.000 <span class=\"_ _1\"></span> Comiss\u00f5es -  (3.480.083) -  (3.480.083) Banco Europeu d<span class=\"_ _1\"></span>e Investiment<span class=\"_ _1\"></span>o Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Energia dezembro 2024<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 7.083.333 <span class=\"_ _1\"></span> 7.083.334 <span class=\"_ _1\"></span> 14.166.667 <span class=\"_ _1\"></span> 14.166.667 <span class=\"_ _1\"></span> Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Cacia maio 2028 Taxa Fixa 2.777.778 <span class=\"_ _1\"></span> 12.500.000 <span class=\"_ _1\"></span> 15.277.778 <span class=\"_ _1\"></span> 15.277.778 <span class=\"_ _1\"></span> Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Figueira<span class=\"_ _1\"></span> fevereiro 2029<span class=\"_ _1\"></span> Taxa Fixa 5.714.286 <span class=\"_ _1\"></span> 31.428.571 <span class=\"_ _1\"></span> 37.142.857 <span class=\"_ _1\"></span> 37.142.857 <span class=\"_ _1\"></span> Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Biomass Bo<span class=\"_ _1\"></span>iler ESG mar\u00e7o 2031 Taxa Fixa -  27.500.000 <span class=\"_ _1\"></span> 27.500.000 <span class=\"_ _1\"></span> 27.500.000 <span class=\"_ _1\"></span> Programa de<span class=\"_ _1\"></span> Papel Comerci<span class=\"_ _1\"></span>al Programa de Pape<span class=\"_ _1\"></span>l Comercial 175<span class=\"_ _1\"></span>M fevereiro 2026<span class=\"_ _1\"></span> Taxa Fixa 35.000.000 <span class=\"_ _1\"></span> 105.000.000 <span class=\"_ _1\"></span> 140.000.000 <span class=\"_ _1\"></span> 140.000.000 <span class=\"_ _1\"></span> Programa de Pape<span class=\"_ _1\"></span>l Comercial 65M<span class=\"_ _1\"></span> ESG<span class=\"_ _1\"></span> dezembro 2026<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> -  -  65.000.000 <span class=\"_ _1\"></span> -  Programa de Pape<span class=\"_ _1\"></span>l Comercial 75M<span class=\"_ _1\"></span> fevereiro 2026<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> - -  75.000.000 <span class=\"_ _1\"></span> -  Programa de Pape<span class=\"_ _1\"></span>l Comercial 50M<span class=\"_ _1\"></span> dezembro 2025<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> - -  50.000.000 <span class=\"_ _1\"></span> -  Financiamentos<span class=\"_ _1\"></span> Financiamento <span class=\"_ _1\"></span>longo prazo<span class=\"_ _1\"></span> mar\u00e7o 2026 Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 2.000.000 <span class=\"_ _1\"></span> 13.000.000 <span class=\"_ _1\"></span> 15.000.000 <span class=\"_ _1\"></span> 15.000.000 <span class=\"_ _1\"></span> Incentivos Ree<span class=\"_ _1\"></span>mbols\u00e1veis<span class=\"_ _1\"></span> AICEP novembro 2027<span class=\"_ _1\"></span> Taxa Fixa 7.219.439 <span class=\"_ _1\"></span> 29.975.064 <span class=\"_ _1\"></span> 37.194.503 <span class=\"_ _1\"></span> 37.194.503 <span class=\"_ _1\"></span> Diferimentos e aju<span class=\"_ _1\"></span>stamentos<span class=\"_ _1\"></span> -  -  -  -  Linhas banc\u00e1ria<span class=\"_ _1\"></span>s   Linha curto prazo<span class=\"_ _1\"></span> 20M -  - 20.450.714 <span class=\"_ _1\"></span> -  725.301.722 <span class=\"_ _1\"></span> 82.294.836 <span class=\"_ _1\"></span> 643.006.886 <span class=\"_ _1\"></span> 31/12/21 Montante <span class=\"_ _0\"></span> N\u00e3o Valores em Euros<span class=\"_ _1\"></span> Montante  em d\u00edvida<span class=\"_ _0\"></span> Vencimento<span class=\"_ _0\"></span> Taxa de juro<span class=\"_ _0\"></span> Corrente  Corrente Empr\u00e9stimos p<span class=\"_ _1\"></span>or obriga\u00e7\u00f5es<span class=\"_ _1\"></span> Navigator 2015-20<span class=\"_ _1\"></span>23 150.000.000 <span class=\"_ _1\"></span> 150.000.000 <span class=\"_ _1\"></span> setembro 2023<span class=\"_ _1\"></span> Ta<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a v<span class=\"_ _3b\"></span>ari<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _3b\"></span>el i<span class=\"_ _3b\"></span>nd<span class=\"_ _0\"></span>exa<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r, <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap <span class=\"_ _3b\"></span>par<span class=\"_ _3b\"></span>a t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a -  150.000.000 <span class=\"_ _1\"></span> Navigator 2019-20<span class=\"_ _1\"></span>26 50.000.000 <span class=\"_ _1\"></span> 50.000.000 <span class=\"_ _1\"></span> janeiro 2026<span class=\"_ _1\"></span> Taxa Fixa -  50.000.000 <span class=\"_ _1\"></span> Navigator 2019-20<span class=\"_ _1\"></span>25 50.000.000 <span class=\"_ _1\"></span> 50.000.000 <span class=\"_ _1\"></span> mar\u00e7o 2025 Ta<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a v<span class=\"_ _3b\"></span>ari<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _3b\"></span>el i<span class=\"_ _3b\"></span>nd<span class=\"_ _0\"></span>exa<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r, <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap <span class=\"_ _3b\"></span>par<span class=\"_ _3b\"></span>a t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a -  50.000.000 <span class=\"_ _1\"></span> Navigator 2021-20<span class=\"_ _1\"></span>26 20.000.000 <span class=\"_ _1\"></span> 20.000.000 <span class=\"_ _1\"></span> abril 2026 Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 2.500.000 <span class=\"_ _1\"></span> 17.500.000 <span class=\"_ _1\"></span> Navigator 2020-20<span class=\"_ _1\"></span>26 75.000.000 <span class=\"_ _1\"></span> 75.000.000 <span class=\"_ _1\"></span> dezembro 2026<span class=\"_ _1\"></span> Ta<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a v<span class=\"_ _3b\"></span>ari<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _3b\"></span>el i<span class=\"_ _3b\"></span>nd<span class=\"_ _0\"></span>exa<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r, <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap <span class=\"_ _3b\"></span>par<span class=\"_ _3b\"></span>a t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>a -  75.000.000 <span class=\"_ _1\"></span> Navigator 2021-20<span class=\"_ _1\"></span>26 ESG 100.000.000 <span class=\"_ _1\"></span> 100.000.000 <span class=\"_ _1\"></span> agosto 2026 Taxa Fixa -  100.000.000 <span class=\"_ _1\"></span> Comiss\u00f5es -  (3.415.421) -  (3.415.421) Banco Europeu d<span class=\"_ _1\"></span>e Investiment<span class=\"_ _1\"></span>o Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Energia 21.250.000 <span class=\"_ _1\"></span> 21.250.000 <span class=\"_ _1\"></span> dezembro 2024<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 7.083.333 <span class=\"_ _1\"></span> 14.166.667 <span class=\"_ _1\"></span> Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Cacia 18.055.555 <span class=\"_ _1\"></span> 18.055.555 <span class=\"_ _1\"></span> maio 2028 Taxa Fixa 2.777.778 <span class=\"_ _1\"></span> 15.277.777 <span class=\"_ _1\"></span> Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Figueira<span class=\"_ _1\"></span> 40.000.000 <span class=\"_ _1\"></span> 40.000.000 <span class=\"_ _1\"></span> fevereiro 2029<span class=\"_ _1\"></span> Taxa Fixa 2.857.143 <span class=\"_ _1\"></span> 37.142.857 <span class=\"_ _1\"></span> Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Biomass Bo<span class=\"_ _1\"></span>iler ESG 27.500.000 <span class=\"_ _1\"></span> 27.500.000 <span class=\"_ _1\"></span> mar\u00e7o 2031 Taxa Fixa -  27.500.000 <span class=\"_ _1\"></span> Programa de<span class=\"_ _1\"></span> Papel Comerci<span class=\"_ _1\"></span>al Programa de Pape<span class=\"_ _1\"></span>l Comercial 175<span class=\"_ _1\"></span>M 175.000.000 <span class=\"_ _1\"></span> 175.000.000 <span class=\"_ _1\"></span> fevereiro 2026<span class=\"_ _1\"></span> Taxa Fixa 35.000.000 <span class=\"_ _1\"></span> 140.000.000 <span class=\"_ _1\"></span> Programa de Pape<span class=\"_ _1\"></span>l Comercial 65M<span class=\"_ _1\"></span> ESG<span class=\"_ _1\"></span> 65.000.000 <span class=\"_ _1\"></span> 65.000.000 <span class=\"_ _1\"></span> janeiro 2022<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 65.000.000 <span class=\"_ _1\"></span> -  Programa de Pape<span class=\"_ _1\"></span>l Comercial 75M<span class=\"_ _1\"></span> 75.000.000 <span class=\"_ _1\"></span> -  fevereiro 2026<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> - -  Programa de Pape<span class=\"_ _1\"></span>l Comercial 50M<span class=\"_ _1\"></span> 50.000.000 <span class=\"_ _1\"></span> -  dezembro 2025<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> - -  Financiamentos<span class=\"_ _1\"></span> Financiamento <span class=\"_ _1\"></span>longo prazo<span class=\"_ _1\"></span> 15.000.000 <span class=\"_ _1\"></span> 15.000.000 <span class=\"_ _1\"></span> mar\u00e7o 2026 Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 15.000.000 <span class=\"_ _1\"></span> Incentivos Ree<span class=\"_ _1\"></span>mbols\u00e1veis<span class=\"_ _1\"></span> AICEP 38.609.513 <span class=\"_ _1\"></span> 38.609.513 <span class=\"_ _1\"></span> novembro 2027<span class=\"_ _1\"></span> Taxa Fixa 4.099.903 <span class=\"_ _1\"></span> 34.509.610 <span class=\"_ _1\"></span> Diferimentos<span class=\"_ _1\"></span> -  (8.055.598) -  (8.055.598) Linhas banc\u00e1ria<span class=\"_ _1\"></span>s   Linha curto pra<span class=\"_ _1\"></span>zo 20M 20.450.714 <span class=\"_ _1\"></span> -  -  - 833.944.049 <span class=\"_ _1\"></span> 119.318.157 <span class=\"_ _1\"></span> 714.625.892 <span class=\"_ _1\"></span> Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, <span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>d\u00ed<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> os en<span class=\"_ _0\"></span>car<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>nuai<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rtur<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 1.<span class=\"_ _0\"></span>5%<span class=\"_ _0\"></span> (a <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> dez<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21 <span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e 1<span class=\"_ _0\"></span>.5%<span class=\"_ _0\"></span>). Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tav<span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>8%<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>ndex<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ao cum<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>sos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> (31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1: <span class=\"_ _0\"></span>23%<span class=\"_ _0\"></span>). Os <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ree<span class=\"_ _0\"></span>mbo<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es de<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>ham<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 N\u00e3o corrente<span class=\"_ _1\"></span> 1 a 2 anos 84.259.122 234.259.122 2 a 3 anos 156.640.074 86.223.407 3 a 4 anos 261.140.074 106.640.074 4 a 5 anos 19.640.074 261.140.074 Mais de 5 anos<span class=\"_ _1\"></span> 124.807.625 37.834.234 646.486.969 726.096.911 Comiss\u00f5es (3.480.083) (11.<span class=\"ls24\">471</span>.019) 643.006.886 714.625.892 Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Prog<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>omer<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al, Fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>ong<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>raz<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>sad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, be<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>como<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>to di<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>n\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> <span class=\"ff9\">ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>\u20ac2<span class=\"_ _0\"></span>10<span class=\"_ _0\"></span>.450<span class=\"_ _0\"></span>.7<span class=\"_ _0\"></span>14 (<span class=\"_ _0\"></span><span class=\"ff1 ls16\">31<span class=\"ls0\"> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span><span class=\"ff9\">de <span class=\"_ _0\"></span>2021<span class=\"_ _0\"></span>: <span class=\"_ _0\"></span>\u20ac14<span class=\"_ _0\"></span>5.4<span class=\"_ _0\"></span>50<span class=\"_ _0\"></span>.714<span class=\"_ _0\"></span><span class=\"ff1 lsd\">).<span class=\"fs11 ls0\"> </span></span></span></span></span></span>Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a d\u00ed<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>a l\u00ed<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>mune<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>-se c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Financiamentos<span class=\"_ _1\"></span> obtidos (Nota 5.7<span class=\"_ _1\"></span>) 725.301.722 833.944.049 Caixa e equiva<span class=\"_ _1\"></span>lentes de caixa (N<span class=\"_ _1\"></span>ota 5.9)<span class=\"_ _1\"></span> (343.083.788)<span class=\"_ _1\"></span> (239.171.252)<span class=\"_ _1\"></span> D\u00edvida l\u00edquid<span class=\"_ _1\"></span>a remunerada<span class=\"_ _1\"></span> 382.217.934 594.772.797 Passivos de loca\u00e7\u00e3o <span class=\"_ _1\"></span><span class=\"ff1\">(Nota<span class=\"_ _1\"></span> 5.8)</span> 61.641.049 53.240.925 D\u00edvida l\u00edquid<span class=\"_ _1\"></span>a remunerada co<span class=\"_ _1\"></span>m passivos de loca\u00e7\u00e3o<span class=\"_ _45\"></span> 443.858.983 648.013.722 Covenants<span class=\"ff3\"> financeiros em vigor </span>R\u00e1cio Defini\u00e7\u00e3o<span class=\"_ _0\"></span> Empr\u00e9stimos Limite Cobertura de juros<span class=\"_ _1\"></span> EBITDA 12M / Juro<span class=\"_ _1\"></span>s l\u00edquidos anua<span class=\"_ _1\"></span>lizados<span class=\"_ _1\"></span> Banc\u00e1rios \u2265<span class=\"ff1\"> 4,5 - 5,5<span class=\"_ _1\"></span> </span>Endividamento<span class=\"_ _1\"></span> D\u00edvida remunerada <span class=\"_ _1\"></span>/ EBITDA 12M<span class=\"_ _1\"></span> Banc\u00e1rios \u2264<span class=\"ff1\"> 4,5 </span>Banc\u00e1rios \u2264<span class=\"ff1\"> 4,0 </span>(D\u00edvida remunerada<span class=\"_ _1\"></span> - D<span class=\"_ _1\"></span>isponibilidades) / Net Debt / EBITDA<span class=\"_ _1\"></span> Papel Comerc<span class=\"_ _1\"></span>ial \u2264<span class=\"ff1\"> 4,0 - 5,0<span class=\"_ _1\"></span> </span>EB<span class=\"ls0\">ITDA 12M </span>Obriga\u00e7\u00f5es<span class=\"_ _1\"></span> \u2264<span class=\"ff1\"> 4,0 </span>Ten<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or b<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sent<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>De<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>r\u00e1ci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tav<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>\u00eanci<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>1 de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21:<span class=\"_ _0\"></span> R\u00e1cios 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>21<span class=\"ls0\"> </span>Cobertura de juros<span class=\"_ _1\"></span> 85,43  35,29  Endividamento<span class=\"_ _1\"></span> 0,98  2,35  Net Debt / EBITDA<span class=\"_ _1\"></span> 0,52  1,68  Os <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>apu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o qu<span class=\"_ _0\"></span>adr<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>clue<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sivos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>. Ate<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> lim<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>atual<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> e 2<span class=\"_ _0\"></span>0<span class=\"ls16\">21</span> o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> sit<span class=\"_ _0\"></span>ua\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de cum<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span><span class=\"ff7\">cov<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>s<span class=\"ff1\"> ne<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>A m<span class=\"_ _0\"></span>arg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> m\u00ed<span class=\"_ _0\"></span>nima <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>uran<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rido<span class=\"_ _0\"></span>s </span></span>cov<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>s<span class=\"ff1\"> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>zem<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span><span class=\"ls16\">21<span class=\"ls0\">, en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>tari<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>n\u00edve<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>de </span></span></span>se<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>erio<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>a 8<span class=\"_ _0\"></span>0%. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfBorrowingCostsExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-140-4": {
   "value": "Pol\u00edticas Contabil\u00edsti<span class=\"ls5\">cas</span> Os <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ntos<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>bti<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>lue<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>Obr<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Pap<span class=\"_ _0\"></span>el C<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>os ban<span class=\"_ _0\"></span>c\u00e1r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e ou<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>anci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>. Me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al Ao <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cust<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s. Me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e Ao <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tiz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>, u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>todo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>uro e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a. A d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bol<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ensu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>al \u00e9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ngo<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>d\u00ed<span class=\"_ _0\"></span>vida <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> \u201cJ<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>s em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9sti<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>bti<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>\u201d n<span class=\"_ _0\"></span>a <span class=\"ff1\">N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 5.<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013</span> <span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s. </span>Ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor O v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>co d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>obti<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>curto<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>raz<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ou c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> tax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ri\u00e1v<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>rox<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>a-<span class=\"_ _0\"></span>se d<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>. O j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>bti<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>mun<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>\u00e9 di<span class=\"_ _0\"></span>vul<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>do n<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 8.3<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> At<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s.<span class=\"ff3\"> </span></span></span>Apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o No<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> cor<span class=\"_ _3b\"></span>rente<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>xce<span class=\"_ _0\"></span>to s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>r u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>dire<span class=\"_ _0\"></span>ito <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>dici<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>erir<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>liqu<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> 12<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ap\u00f3s<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ato.<span class=\"_ _0\"></span> <span class=\"_ _39\"> </span> ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForBorrowingsExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-145-3": {
   "value": "5.9.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Caix<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>len<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>xa </span></span>Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Numer\u00e1rio 32<span class=\"ls0\">.</span>356 <span class=\"ls0\"> </span>35<span class=\"ls0\">.</span>334 <span class=\"ls0\"> </span>Dep\u00f3sitos banc\u00e1r<span class=\"_ _1\"></span>ios imediata<span class=\"_ _1\"></span>mente mobiliz\u00e1ve<span class=\"_ _1\"></span>is 191<span class=\"ls0\">.</span>824<span class=\"ls0\">.254  </span>220<span class=\"ls0\">.</span>585<span class=\"ls0\">.472  </span>Outras aplica\u00e7\u00f5es<span class=\"_ _1\"></span> de tesouraria    <span class=\"_ _1\"></span>                                  <span class=\"_ _1\"></span>           <span class=\"_ _1\"></span> 151<span class=\"ls0\">.</span>227<span class=\"ls0\">.178  </span>18<span class=\"ls0\">.</span>550<span class=\"ls0\">.446  </span>343<span class=\"ls0\">.083.7<span class=\"_ _1\"></span>88  </span>239<span class=\"ls0\">.171.2<span class=\"_ _1\"></span>52  </span>Em <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>rub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Out<span class=\"_ _0\"></span>ras <span class=\"_ _0\"></span>apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _3b\"></span>s de <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>sour<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ia i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lui<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac1<span class=\"_ _0\"></span>51<span class=\"_ _0\"></span>.227<span class=\"_ _0\"></span><span class=\"ff1\">.1<span class=\"_ _0\"></span>78 <span class=\"_ _0\"></span>(31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>zemb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> </span></span>2021<span class=\"lsd\">: <span class=\"ff9 ls0\">\u20ac18<span class=\"_ _0\"></span>.55<span class=\"_ _0\"></span>0.44<span class=\"_ _0\"></span>6<span class=\"ff1\">)<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>onta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>apl<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s pe<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>tf<span class=\"_ _0\"></span>\u00f3li<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>finan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os </span></span></span>de<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>raz<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> ele<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>a l<span class=\"_ _0\"></span>iqui<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>z e<span class=\"_ _0\"></span> emi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> <span class=\"ff7\">r<span class=\"_ _0\"></span>atin<span class=\"_ _0\"></span>g<span class=\"ff1\"> <span class=\"_ _0\"></span>adeq<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>do. </span></span>Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> <span class=\"ls16\">2021</span>, <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tem <span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>cati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>aix<span class=\"_ _0\"></span>a e <span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>uiva<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>este<span class=\"_ _0\"></span>ja<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>suje<span class=\"_ _0\"></span>itos<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ri\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>so d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-144-3": {
   "value": "Pol\u00edticas Contabil\u00edsticas A r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Cai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>aixa<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>i c<span class=\"_ _0\"></span>aix<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>\u00f3si<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>outr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>urto<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>uri<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>\u00e9 3 <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>z\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nif<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>tua\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r.<span class=\"_ _0\"></span>  Par<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ux<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>xa<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a rub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lui<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>mb\u00e9<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>cobe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ban<span class=\"_ _0\"></span>c\u00e1r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>pres<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> na <span class=\"_ _0\"></span>Po<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eira<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ssiv<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte,<span class=\"_ _0\"></span> na <span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ica <span class=\"_ _0\"></span>Fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 5.<span class=\"_ _0\"></span>7). ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-147-2": {
   "value": "5.10.<span class=\"ffd ls0\"> <span class=\"_ _46\"> </span><span class=\"ff3\">Fl<span class=\"_ _0\"></span>ux<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>aix<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es  </span></span>de <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o Movimentos nos passivos de atividades de finan<span class=\"_ _0\"></span>ciamento do Grupo Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Saldo em 1 de janeir<span class=\"_ _1\"></span>o 833<span class=\"ls0\">.944.0<span class=\"_ _1\"></span>49  </span>982<span class=\"ls0\">.410.7<span class=\"_ _1\"></span>83  </span>Pagamento de empr\u00e9st<span class=\"_ _1\"></span>imos obtido<span class=\"_ _1\"></span>s (533.<span class=\"ls24\">070</span>.<span class=\"ls24\">676)</span> (291.<span class=\"ls24\">527</span>.<span class=\"ls24\">778)</span> Recebimentos de e<span class=\"_ _1\"></span>mpr\u00e9stimos obt<span class=\"_ _1\"></span>idos<span class=\"_ _1\"></span> 430<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>147<span class=\"ls0\">.</span>500<span class=\"ls0\">.000  </span>Subs\u00eddios reembo<span class=\"_ _1\"></span>ls\u00e1veis (5<span class=\"ls0\">.<span class=\"ls24\">636</span>.313)<span class=\"_ _1\"></span> </span>(4<span class=\"ls0\">.<span class=\"ls24\">472</span>.875)<span class=\"_ _1\"></span> </span>Varia\u00e7\u00e3o dos encarg<span class=\"_ _1\"></span>os com a em<span class=\"_ _1\"></span>iss\u00e3o de empr\u00e9st<span class=\"_ _1\"></span>imos 64<span class=\"ls0\">.</span>662 <span class=\"ls0\"> </span>33<span class=\"ls0\">.</span>919 <span class=\"ls0\"> </span>Varia\u00e7\u00e3o da D\u00edvid<span class=\"_ _1\"></span>a remunerada<span class=\"_ _1\"></span> (108.642.327)<span class=\"_ _1\"></span> (148.466.734)<span class=\"_ _1\"></span> D\u00edvida remune<span class=\"_ _1\"></span>rada bruta<span class=\"_ _1\"></span> 725<span class=\"ls0\">.301.7<span class=\"_ _1\"></span>22  </span>833<span class=\"ls0\">.944.0<span class=\"_ _1\"></span>49  </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCashFlowStatementExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-148-2": {
   "value": "5.11.<span class=\"ffd ls0\"> <span class=\"_ _46\"> </span><span class=\"ff3\">Ren<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s </span></span>Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Juros suportados co<span class=\"_ _1\"></span>m t\u00edtulos de d<span class=\"_ _1\"></span>\u00edvida e d\u00edv<span class=\"_ _1\"></span>ida banc\u00e1ria<span class=\"_ _1\"></span> (9<span class=\"ls0\">.<span class=\"ls24\">900</span>.458)<span class=\"_ _1\"></span> </span>(10.<span class=\"ls24\">777</span>.640) Comiss\u00f5es de e<span class=\"_ _1\"></span>mpr\u00e9stimos e gast<span class=\"_ _1\"></span>os com aberturas de<span class=\"_ _1\"></span> cr\u00e9dito <span class=\"_ _1\"></span> (4<span class=\"ls0\">.<span class=\"ls24\">355</span>.369)<span class=\"_ _1\"></span> </span>(3<span class=\"ls0\">.<span class=\"ls24\">241</span>.922)<span class=\"_ _1\"></span> </span>Juros suportado<span class=\"_ _1\"></span>s por apli<span class=\"_ _1\"></span>ca\u00e7\u00e3o do m\u00e9<span class=\"_ _1\"></span>todo do juro efetivo<span class=\"_ _1\"></span> (14.255.827)<span class=\"_ _1\"></span> (14.019.562)<span class=\"_ _1\"></span> Juros suportados co<span class=\"_ _1\"></span>m passivos de <span class=\"_ _1\"></span>loca\u00e7\u00e3o<span class=\"_ _1\"></span> (2<span class=\"ls0\">.<span class=\"ls24\">300</span>.665)<span class=\"_ _1\"></span> </span>(2<span class=\"ls0\">.<span class=\"ls24\">042</span>.333)<span class=\"_ _1\"></span> </span>Gastos financeir<span class=\"_ _1\"></span>os relativos \u00e0 <span class=\"_ _1\"></span>estrutura de<span class=\"_ _1\"></span> capital do Grupo<span class=\"_ _45\"></span> (16.556.492)<span class=\"_ _1\"></span> (16.061.895)<span class=\"_ _1\"></span> Diferen\u00e7as de c\u00e2<span class=\"_ _1\"></span>mbio favor\u00e1veis /<span class=\"_ _1\"></span> (desfavor\u00e1<span class=\"_ _1\"></span>veis)<span class=\"_ _1\"></span> (33.<span class=\"ls24\">492</span>.711) 2.<span class=\"ls24\">702</span>.247  Ganhos / (Perdas)<span class=\"_ _1\"></span> com instrument<span class=\"_ _1\"></span>os derivados de cobertu<span class=\"_ _1\"></span>ra taxa de juro (Nota 8<span class=\"_ _1\"></span>.2)<span class=\"_ _1\"></span> (1<span class=\"ls0\">.<span class=\"ls24\">504</span>.772)<span class=\"_ _1\"></span> </span>(3<span class=\"ls0\">.<span class=\"ls24\">583</span>.179)<span class=\"_ _1\"></span> </span>Ganhos / (Perdas)<span class=\"_ _1\"></span> com instrument<span class=\"_ _1\"></span>os derivados de neg<span class=\"_ _1\"></span>ocia\u00e7\u00e3o (Nota 8.2)<span class=\"_ _45\"></span> (4<span class=\"ls0\">.<span class=\"ls24\">289</span>.597)<span class=\"_ _1\"></span> </span>(4<span class=\"ls0\">.<span class=\"ls24\">265</span>.016)<span class=\"_ _1\"></span> </span>Perdas com juros <span class=\"_ _1\"></span>compensat\u00f3r<span class=\"_ _1\"></span>ios (1<span class=\"ls0\">.<span class=\"ls24\">229</span>.577)<span class=\"_ _1\"></span> </span>-  Outros gastos e per<span class=\"_ _1\"></span>das financeiros<span class=\"_ _1\"></span>   <span class=\"_ _1\"></span> (1<span class=\"ls0\">.<span class=\"ls24\">598</span>.842)<span class=\"_ _1\"></span> </span>-  Gastos e perd<span class=\"_ _1\"></span>as financeiros<span class=\"_ _1\"></span> (58.671.991)<span class=\"_ _1\"></span> (21.207.843)<span class=\"_ _1\"></span> Juros obtidos de<span class=\"_ _1\"></span> ativos financeiros<span class=\"_ _1\"></span> ao custo amort<span class=\"_ _1\"></span>izado<span class=\"_ _1\"></span> 1.<span class=\"ls24\">146</span>.979  726<span class=\"ls0\">.</span>713 <span class=\"ls0\"> </span>Ganhos com instru<span class=\"_ _1\"></span>mentos der<span class=\"_ _1\"></span>ivados de cobertura <span class=\"_ _1\"></span>(Nota 8.2)<span class=\"_ _1\"></span> -  391<span class=\"ls0\">.</span>539 <span class=\"ls0\"> </span>Ganhos com juros<span class=\"_ _1\"></span> compensat\u00f3rios<span class=\"_ _1\"></span> 395<span class=\"ls0\">.</span>732 <span class=\"ls0\"> </span>2.<span class=\"ls24\">274</span>.881  Outros rendimentos<span class=\"_ _1\"></span> e ganhos fina<span class=\"_ _1\"></span>nceiros<span class=\"_ _1\"></span> 146<span class=\"ls0\">.</span>270 <span class=\"ls0\"> </span>37<span class=\"ls0\">.</span>501 <span class=\"ls0\"> </span>Rendimentos e g<span class=\"_ _1\"></span>anhos fina<span class=\"_ _1\"></span>nceiros<span class=\"_ _1\"></span> 1.688.<span class=\"ls2b\">981 <span class=\"_ _1\"></span></span> 3.430.<span class=\"ls2b\">634 <span class=\"_ _1\"></span></span> Resultados fi<span class=\"_ _1\"></span>nanceiros<span class=\"_ _1\"></span> (56.983.010)<span class=\"_ _1\"></span> (17.777.209)<span class=\"_ _1\"></span> Os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ltad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>tuar<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span><span class=\"ff9\">se<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m \u20ac5<span class=\"_ _0\"></span>6.<span class=\"_ _0\"></span>98<span class=\"_ _0\"></span>3.01<span class=\"_ _0\"></span>0 <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s (3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1:<span class=\"_ _0\"></span> </span>\u20ac1<span class=\"_ _0\"></span>7.7<span class=\"_ _0\"></span>77<span class=\"_ _0\"></span>.209<span class=\"_ _0\"></span>).<span class=\"_ _0\"></span> Pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>agra<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>iu o<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>cto <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac<span class=\"_ _0\"></span>30<span class=\"_ _0\"></span>.356.<span class=\"_ _0\"></span>97<span class=\"_ _0\"></span>2 ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>fav<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>\u00e1vei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>acu<span class=\"_ _0\"></span>mul<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>ssoc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> ao re<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bol<span class=\"_ _0\"></span>so d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mo (<span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>) d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>ong<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>zo c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>o \u00e0<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di\u00e1r<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tuc<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> Mo\u00e7<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>. E<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>\u00e9st<span class=\"_ _0\"></span>imo <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>si-c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rav<span class=\"_ _0\"></span>a-se<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>nom<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m mo<span class=\"_ _0\"></span>eda<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a ext<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cord<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pol<span class=\"_ _0\"></span>\u00edti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>il\u00ed<span class=\"_ _0\"></span>stic<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>cum<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>adas,<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>nter<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span>es na <span class=\"_ _0\"></span>Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Inte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, f<span class=\"_ _0\"></span>oram<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nhec<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>exe<span class=\"_ _0\"></span>rc\u00ed<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>o. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinanceIncomeExpenseExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-148-3": {
   "value": "5.11.<span class=\"ffd ls0\"> <span class=\"_ _46\"> </span><span class=\"ff3\">Ren<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s </span></span>Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Juros suportados co<span class=\"_ _1\"></span>m t\u00edtulos de d<span class=\"_ _1\"></span>\u00edvida e d\u00edv<span class=\"_ _1\"></span>ida banc\u00e1ria<span class=\"_ _1\"></span> (9<span class=\"ls0\">.<span class=\"ls24\">900</span>.458)<span class=\"_ _1\"></span> </span>(10.<span class=\"ls24\">777</span>.640) Comiss\u00f5es de e<span class=\"_ _1\"></span>mpr\u00e9stimos e gast<span class=\"_ _1\"></span>os com aberturas de<span class=\"_ _1\"></span> cr\u00e9dito <span class=\"_ _1\"></span> (4<span class=\"ls0\">.<span class=\"ls24\">355</span>.369)<span class=\"_ _1\"></span> </span>(3<span class=\"ls0\">.<span class=\"ls24\">241</span>.922)<span class=\"_ _1\"></span> </span>Juros suportado<span class=\"_ _1\"></span>s por apli<span class=\"_ _1\"></span>ca\u00e7\u00e3o do m\u00e9<span class=\"_ _1\"></span>todo do juro efetivo<span class=\"_ _1\"></span> (14.255.827)<span class=\"_ _1\"></span> (14.019.562)<span class=\"_ _1\"></span> Juros suportados co<span class=\"_ _1\"></span>m passivos de <span class=\"_ _1\"></span>loca\u00e7\u00e3o<span class=\"_ _1\"></span> (2<span class=\"ls0\">.<span class=\"ls24\">300</span>.665)<span class=\"_ _1\"></span> </span>(2<span class=\"ls0\">.<span class=\"ls24\">042</span>.333)<span class=\"_ _1\"></span> </span>Gastos financeir<span class=\"_ _1\"></span>os relativos \u00e0 <span class=\"_ _1\"></span>estrutura de<span class=\"_ _1\"></span> capital do Grupo<span class=\"_ _45\"></span> (16.556.492)<span class=\"_ _1\"></span> (16.061.895)<span class=\"_ _1\"></span> Diferen\u00e7as de c\u00e2<span class=\"_ _1\"></span>mbio favor\u00e1veis /<span class=\"_ _1\"></span> (desfavor\u00e1<span class=\"_ _1\"></span>veis)<span class=\"_ _1\"></span> (33.<span class=\"ls24\">492</span>.711) 2.<span class=\"ls24\">702</span>.247  Ganhos / (Perdas)<span class=\"_ _1\"></span> com instrument<span class=\"_ _1\"></span>os derivados de cobertu<span class=\"_ _1\"></span>ra taxa de juro (Nota 8<span class=\"_ _1\"></span>.2)<span class=\"_ _1\"></span> (1<span class=\"ls0\">.<span class=\"ls24\">504</span>.772)<span class=\"_ _1\"></span> </span>(3<span class=\"ls0\">.<span class=\"ls24\">583</span>.179)<span class=\"_ _1\"></span> </span>Ganhos / (Perdas)<span class=\"_ _1\"></span> com instrument<span class=\"_ _1\"></span>os derivados de neg<span class=\"_ _1\"></span>ocia\u00e7\u00e3o (Nota 8.2)<span class=\"_ _45\"></span> (4<span class=\"ls0\">.<span class=\"ls24\">289</span>.597)<span class=\"_ _1\"></span> </span>(4<span class=\"ls0\">.<span class=\"ls24\">265</span>.016)<span class=\"_ _1\"></span> </span>Perdas com juros <span class=\"_ _1\"></span>compensat\u00f3r<span class=\"_ _1\"></span>ios (1<span class=\"ls0\">.<span class=\"ls24\">229</span>.577)<span class=\"_ _1\"></span> </span>-  Outros gastos e per<span class=\"_ _1\"></span>das financeiros<span class=\"_ _1\"></span>   <span class=\"_ _1\"></span> (1<span class=\"ls0\">.<span class=\"ls24\">598</span>.842)<span class=\"_ _1\"></span> </span>-  Gastos e perd<span class=\"_ _1\"></span>as financeiros<span class=\"_ _1\"></span> (58.671.991)<span class=\"_ _1\"></span> (21.207.843)<span class=\"_ _1\"></span> Juros obtidos de<span class=\"_ _1\"></span> ativos financeiros<span class=\"_ _1\"></span> ao custo amort<span class=\"_ _1\"></span>izado<span class=\"_ _1\"></span> 1.<span class=\"ls24\">146</span>.979  726<span class=\"ls0\">.</span>713 <span class=\"ls0\"> </span>Ganhos com instru<span class=\"_ _1\"></span>mentos der<span class=\"_ _1\"></span>ivados de cobertura <span class=\"_ _1\"></span>(Nota 8.2)<span class=\"_ _1\"></span> -  391<span class=\"ls0\">.</span>539 <span class=\"ls0\"> </span>Ganhos com juros<span class=\"_ _1\"></span> compensat\u00f3rios<span class=\"_ _1\"></span> 395<span class=\"ls0\">.</span>732 <span class=\"ls0\"> </span>2.<span class=\"ls24\">274</span>.881  Outros rendimentos<span class=\"_ _1\"></span> e ganhos fina<span class=\"_ _1\"></span>nceiros<span class=\"_ _1\"></span> 146<span class=\"ls0\">.</span>270 <span class=\"ls0\"> </span>37<span class=\"ls0\">.</span>501 <span class=\"ls0\"> </span>Rendimentos e g<span class=\"_ _1\"></span>anhos fina<span class=\"_ _1\"></span>nceiros<span class=\"_ _1\"></span> 1.688.<span class=\"ls2b\">981 <span class=\"_ _1\"></span></span> 3.430.<span class=\"ls2b\">634 <span class=\"_ _1\"></span></span> Resultados fi<span class=\"_ _1\"></span>nanceiros<span class=\"_ _1\"></span> (56.983.010)<span class=\"_ _1\"></span> (17.777.209)<span class=\"_ _1\"></span> Os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ltad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>tuar<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span><span class=\"ff9\">se<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m \u20ac5<span class=\"_ _0\"></span>6.<span class=\"_ _0\"></span>98<span class=\"_ _0\"></span>3.01<span class=\"_ _0\"></span>0 <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s (3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1:<span class=\"_ _0\"></span> </span>\u20ac1<span class=\"_ _0\"></span>7.7<span class=\"_ _0\"></span>77<span class=\"_ _0\"></span>.209<span class=\"_ _0\"></span>).<span class=\"_ _0\"></span> Pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>agra<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>iu o<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>cto <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac<span class=\"_ _0\"></span>30<span class=\"_ _0\"></span>.356.<span class=\"_ _0\"></span>97<span class=\"_ _0\"></span>2 ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>fav<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>\u00e1vei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>acu<span class=\"_ _0\"></span>mul<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>ssoc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> ao re<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bol<span class=\"_ _0\"></span>so d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mo (<span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>) d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>ong<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>zo c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>o \u00e0<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di\u00e1r<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tuc<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> Mo\u00e7<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>. E<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>\u00e9st<span class=\"_ _0\"></span>imo <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>si-c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rav<span class=\"_ _0\"></span>a-se<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>nom<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m mo<span class=\"_ _0\"></span>eda<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a ext<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cord<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pol<span class=\"_ _0\"></span>\u00edti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>il\u00ed<span class=\"_ _0\"></span>stic<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>cum<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>adas,<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>nter<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span>es na <span class=\"_ _0\"></span>Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Inte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, f<span class=\"_ _0\"></span>oram<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nhec<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>exe<span class=\"_ _0\"></span>rc\u00ed<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>o. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinanceIncomeExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-148-4": {
   "value": "5.11.<span class=\"ffd ls0\"> <span class=\"_ _46\"> </span><span class=\"ff3\">Ren<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s </span></span>Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Juros suportados co<span class=\"_ _1\"></span>m t\u00edtulos de d<span class=\"_ _1\"></span>\u00edvida e d\u00edv<span class=\"_ _1\"></span>ida banc\u00e1ria<span class=\"_ _1\"></span> (9<span class=\"ls0\">.<span class=\"ls24\">900</span>.458)<span class=\"_ _1\"></span> </span>(10.<span class=\"ls24\">777</span>.640) Comiss\u00f5es de e<span class=\"_ _1\"></span>mpr\u00e9stimos e gast<span class=\"_ _1\"></span>os com aberturas de<span class=\"_ _1\"></span> cr\u00e9dito <span class=\"_ _1\"></span> (4<span class=\"ls0\">.<span class=\"ls24\">355</span>.369)<span class=\"_ _1\"></span> </span>(3<span class=\"ls0\">.<span class=\"ls24\">241</span>.922)<span class=\"_ _1\"></span> </span>Juros suportado<span class=\"_ _1\"></span>s por apli<span class=\"_ _1\"></span>ca\u00e7\u00e3o do m\u00e9<span class=\"_ _1\"></span>todo do juro efetivo<span class=\"_ _1\"></span> (14.255.827)<span class=\"_ _1\"></span> (14.019.562)<span class=\"_ _1\"></span> Juros suportados co<span class=\"_ _1\"></span>m passivos de <span class=\"_ _1\"></span>loca\u00e7\u00e3o<span class=\"_ _1\"></span> (2<span class=\"ls0\">.<span class=\"ls24\">300</span>.665)<span class=\"_ _1\"></span> </span>(2<span class=\"ls0\">.<span class=\"ls24\">042</span>.333)<span class=\"_ _1\"></span> </span>Gastos financeir<span class=\"_ _1\"></span>os relativos \u00e0 <span class=\"_ _1\"></span>estrutura de<span class=\"_ _1\"></span> capital do Grupo<span class=\"_ _45\"></span> (16.556.492)<span class=\"_ _1\"></span> (16.061.895)<span class=\"_ _1\"></span> Diferen\u00e7as de c\u00e2<span class=\"_ _1\"></span>mbio favor\u00e1veis /<span class=\"_ _1\"></span> (desfavor\u00e1<span class=\"_ _1\"></span>veis)<span class=\"_ _1\"></span> (33.<span class=\"ls24\">492</span>.711) 2.<span class=\"ls24\">702</span>.247  Ganhos / (Perdas)<span class=\"_ _1\"></span> com instrument<span class=\"_ _1\"></span>os derivados de cobertu<span class=\"_ _1\"></span>ra taxa de juro (Nota 8<span class=\"_ _1\"></span>.2)<span class=\"_ _1\"></span> (1<span class=\"ls0\">.<span class=\"ls24\">504</span>.772)<span class=\"_ _1\"></span> </span>(3<span class=\"ls0\">.<span class=\"ls24\">583</span>.179)<span class=\"_ _1\"></span> </span>Ganhos / (Perdas)<span class=\"_ _1\"></span> com instrument<span class=\"_ _1\"></span>os derivados de neg<span class=\"_ _1\"></span>ocia\u00e7\u00e3o (Nota 8.2)<span class=\"_ _45\"></span> (4<span class=\"ls0\">.<span class=\"ls24\">289</span>.597)<span class=\"_ _1\"></span> </span>(4<span class=\"ls0\">.<span class=\"ls24\">265</span>.016)<span class=\"_ _1\"></span> </span>Perdas com juros <span class=\"_ _1\"></span>compensat\u00f3r<span class=\"_ _1\"></span>ios (1<span class=\"ls0\">.<span class=\"ls24\">229</span>.577)<span class=\"_ _1\"></span> </span>-  Outros gastos e per<span class=\"_ _1\"></span>das financeiros<span class=\"_ _1\"></span>   <span class=\"_ _1\"></span> (1<span class=\"ls0\">.<span class=\"ls24\">598</span>.842)<span class=\"_ _1\"></span> </span>-  Gastos e perd<span class=\"_ _1\"></span>as financeiros<span class=\"_ _1\"></span> (58.671.991)<span class=\"_ _1\"></span> (21.207.843)<span class=\"_ _1\"></span> Juros obtidos de<span class=\"_ _1\"></span> ativos financeiros<span class=\"_ _1\"></span> ao custo amort<span class=\"_ _1\"></span>izado<span class=\"_ _1\"></span> 1.<span class=\"ls24\">146</span>.979  726<span class=\"ls0\">.</span>713 <span class=\"ls0\"> </span>Ganhos com instru<span class=\"_ _1\"></span>mentos der<span class=\"_ _1\"></span>ivados de cobertura <span class=\"_ _1\"></span>(Nota 8.2)<span class=\"_ _1\"></span> -  391<span class=\"ls0\">.</span>539 <span class=\"ls0\"> </span>Ganhos com juros<span class=\"_ _1\"></span> compensat\u00f3rios<span class=\"_ _1\"></span> 395<span class=\"ls0\">.</span>732 <span class=\"ls0\"> </span>2.<span class=\"ls24\">274</span>.881  Outros rendimentos<span class=\"_ _1\"></span> e ganhos fina<span class=\"_ _1\"></span>nceiros<span class=\"_ _1\"></span> 146<span class=\"ls0\">.</span>270 <span class=\"ls0\"> </span>37<span class=\"ls0\">.</span>501 <span class=\"ls0\"> </span>Rendimentos e g<span class=\"_ _1\"></span>anhos fina<span class=\"_ _1\"></span>nceiros<span class=\"_ _1\"></span> 1.688.<span class=\"ls2b\">981 <span class=\"_ _1\"></span></span> 3.430.<span class=\"ls2b\">634 <span class=\"_ _1\"></span></span> Resultados fi<span class=\"_ _1\"></span>nanceiros<span class=\"_ _1\"></span> (56.983.010)<span class=\"_ _1\"></span> (17.777.209)<span class=\"_ _1\"></span> Os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ltad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>tuar<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span><span class=\"ff9\">se<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m \u20ac5<span class=\"_ _0\"></span>6.<span class=\"_ _0\"></span>98<span class=\"_ _0\"></span>3.01<span class=\"_ _0\"></span>0 <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s (3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1:<span class=\"_ _0\"></span> </span>\u20ac1<span class=\"_ _0\"></span>7.7<span class=\"_ _0\"></span>77<span class=\"_ _0\"></span>.209<span class=\"_ _0\"></span>).<span class=\"_ _0\"></span> Pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>agra<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>iu o<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>cto <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac<span class=\"_ _0\"></span>30<span class=\"_ _0\"></span>.356.<span class=\"_ _0\"></span>97<span class=\"_ _0\"></span>2 ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>fav<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>\u00e1vei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>acu<span class=\"_ _0\"></span>mul<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>ssoc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> ao re<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bol<span class=\"_ _0\"></span>so d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mo (<span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>) d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>ong<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>zo c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>o \u00e0<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di\u00e1r<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tuc<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> Mo\u00e7<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>. E<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>\u00e9st<span class=\"_ _0\"></span>imo <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>si-c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rav<span class=\"_ _0\"></span>a-se<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>nom<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m mo<span class=\"_ _0\"></span>eda<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a ext<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cord<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pol<span class=\"_ _0\"></span>\u00edti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>il\u00ed<span class=\"_ _0\"></span>stic<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>cum<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>adas,<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>nter<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span>es na <span class=\"_ _0\"></span>Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Inte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, f<span class=\"_ _0\"></span>oram<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nhec<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>exe<span class=\"_ _0\"></span>rc\u00ed<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>o. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinanceCostExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-148-5": {
   "value": "5.11.<span class=\"ffd ls0\"> <span class=\"_ _46\"> </span><span class=\"ff3\">Ren<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s </span></span>Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Juros suportados co<span class=\"_ _1\"></span>m t\u00edtulos de d<span class=\"_ _1\"></span>\u00edvida e d\u00edv<span class=\"_ _1\"></span>ida banc\u00e1ria<span class=\"_ _1\"></span> (9<span class=\"ls0\">.<span class=\"ls24\">900</span>.458)<span class=\"_ _1\"></span> </span>(10.<span class=\"ls24\">777</span>.640) Comiss\u00f5es de e<span class=\"_ _1\"></span>mpr\u00e9stimos e gast<span class=\"_ _1\"></span>os com aberturas de<span class=\"_ _1\"></span> cr\u00e9dito <span class=\"_ _1\"></span> (4<span class=\"ls0\">.<span class=\"ls24\">355</span>.369)<span class=\"_ _1\"></span> </span>(3<span class=\"ls0\">.<span class=\"ls24\">241</span>.922)<span class=\"_ _1\"></span> </span>Juros suportado<span class=\"_ _1\"></span>s por apli<span class=\"_ _1\"></span>ca\u00e7\u00e3o do m\u00e9<span class=\"_ _1\"></span>todo do juro efetivo<span class=\"_ _1\"></span> (14.255.827)<span class=\"_ _1\"></span> (14.019.562)<span class=\"_ _1\"></span> Juros suportados co<span class=\"_ _1\"></span>m passivos de <span class=\"_ _1\"></span>loca\u00e7\u00e3o<span class=\"_ _1\"></span> (2<span class=\"ls0\">.<span class=\"ls24\">300</span>.665)<span class=\"_ _1\"></span> </span>(2<span class=\"ls0\">.<span class=\"ls24\">042</span>.333)<span class=\"_ _1\"></span> </span>Gastos financeir<span class=\"_ _1\"></span>os relativos \u00e0 <span class=\"_ _1\"></span>estrutura de<span class=\"_ _1\"></span> capital do Grupo<span class=\"_ _45\"></span> (16.556.492)<span class=\"_ _1\"></span> (16.061.895)<span class=\"_ _1\"></span> Diferen\u00e7as de c\u00e2<span class=\"_ _1\"></span>mbio favor\u00e1veis /<span class=\"_ _1\"></span> (desfavor\u00e1<span class=\"_ _1\"></span>veis)<span class=\"_ _1\"></span> (33.<span class=\"ls24\">492</span>.711) 2.<span class=\"ls24\">702</span>.247  Ganhos / (Perdas)<span class=\"_ _1\"></span> com instrument<span class=\"_ _1\"></span>os derivados de cobertu<span class=\"_ _1\"></span>ra taxa de juro (Nota 8<span class=\"_ _1\"></span>.2)<span class=\"_ _1\"></span> (1<span class=\"ls0\">.<span class=\"ls24\">504</span>.772)<span class=\"_ _1\"></span> </span>(3<span class=\"ls0\">.<span class=\"ls24\">583</span>.179)<span class=\"_ _1\"></span> </span>Ganhos / (Perdas)<span class=\"_ _1\"></span> com instrument<span class=\"_ _1\"></span>os derivados de neg<span class=\"_ _1\"></span>ocia\u00e7\u00e3o (Nota 8.2)<span class=\"_ _45\"></span> (4<span class=\"ls0\">.<span class=\"ls24\">289</span>.597)<span class=\"_ _1\"></span> </span>(4<span class=\"ls0\">.<span class=\"ls24\">265</span>.016)<span class=\"_ _1\"></span> </span>Perdas com juros <span class=\"_ _1\"></span>compensat\u00f3r<span class=\"_ _1\"></span>ios (1<span class=\"ls0\">.<span class=\"ls24\">229</span>.577)<span class=\"_ _1\"></span> </span>-  Outros gastos e per<span class=\"_ _1\"></span>das financeiros<span class=\"_ _1\"></span>   <span class=\"_ _1\"></span> (1<span class=\"ls0\">.<span class=\"ls24\">598</span>.842)<span class=\"_ _1\"></span> </span>-  Gastos e perd<span class=\"_ _1\"></span>as financeiros<span class=\"_ _1\"></span> (58.671.991)<span class=\"_ _1\"></span> (21.207.843)<span class=\"_ _1\"></span> Juros obtidos de<span class=\"_ _1\"></span> ativos financeiros<span class=\"_ _1\"></span> ao custo amort<span class=\"_ _1\"></span>izado<span class=\"_ _1\"></span> 1.<span class=\"ls24\">146</span>.979  726<span class=\"ls0\">.</span>713 <span class=\"ls0\"> </span>Ganhos com instru<span class=\"_ _1\"></span>mentos der<span class=\"_ _1\"></span>ivados de cobertura <span class=\"_ _1\"></span>(Nota 8.2)<span class=\"_ _1\"></span> -  391<span class=\"ls0\">.</span>539 <span class=\"ls0\"> </span>Ganhos com juros<span class=\"_ _1\"></span> compensat\u00f3rios<span class=\"_ _1\"></span> 395<span class=\"ls0\">.</span>732 <span class=\"ls0\"> </span>2.<span class=\"ls24\">274</span>.881  Outros rendimentos<span class=\"_ _1\"></span> e ganhos fina<span class=\"_ _1\"></span>nceiros<span class=\"_ _1\"></span> 146<span class=\"ls0\">.</span>270 <span class=\"ls0\"> </span>37<span class=\"ls0\">.</span>501 <span class=\"ls0\"> </span>Rendimentos e g<span class=\"_ _1\"></span>anhos fina<span class=\"_ _1\"></span>nceiros<span class=\"_ _1\"></span> 1.688.<span class=\"ls2b\">981 <span class=\"_ _1\"></span></span> 3.430.<span class=\"ls2b\">634 <span class=\"_ _1\"></span></span> Resultados fi<span class=\"_ _1\"></span>nanceiros<span class=\"_ _1\"></span> (56.983.010)<span class=\"_ _1\"></span> (17.777.209)<span class=\"_ _1\"></span> Os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ltad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>tuar<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span><span class=\"ff9\">se<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m \u20ac5<span class=\"_ _0\"></span>6.<span class=\"_ _0\"></span>98<span class=\"_ _0\"></span>3.01<span class=\"_ _0\"></span>0 <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s (3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1:<span class=\"_ _0\"></span> </span>\u20ac1<span class=\"_ _0\"></span>7.7<span class=\"_ _0\"></span>77<span class=\"_ _0\"></span>.209<span class=\"_ _0\"></span>).<span class=\"_ _0\"></span> Pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>agra<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>iu o<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>cto <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac<span class=\"_ _0\"></span>30<span class=\"_ _0\"></span>.356.<span class=\"_ _0\"></span>97<span class=\"_ _0\"></span>2 ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>fav<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>\u00e1vei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>acu<span class=\"_ _0\"></span>mul<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>ssoc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> ao re<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bol<span class=\"_ _0\"></span>so d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mo (<span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>) d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>ong<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>zo c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>o \u00e0<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di\u00e1r<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tuc<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> Mo\u00e7<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>. E<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>\u00e9st<span class=\"_ _0\"></span>imo <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>si-c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rav<span class=\"_ _0\"></span>a-se<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>nom<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m mo<span class=\"_ _0\"></span>eda<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a ext<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cord<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pol<span class=\"_ _0\"></span>\u00edti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>il\u00ed<span class=\"_ _0\"></span>stic<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>cum<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>adas,<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>nter<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span>es na <span class=\"_ _0\"></span>Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Inte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, f<span class=\"_ _0\"></span>oram<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nhec<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>exe<span class=\"_ _0\"></span>rc\u00ed<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>o. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInterestIncomeExpenseExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-148-6": {
   "value": "5.11.<span class=\"ffd ls0\"> <span class=\"_ _46\"> </span><span class=\"ff3\">Ren<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s </span></span>Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Juros suportados co<span class=\"_ _1\"></span>m t\u00edtulos de d<span class=\"_ _1\"></span>\u00edvida e d\u00edv<span class=\"_ _1\"></span>ida banc\u00e1ria<span class=\"_ _1\"></span> (9<span class=\"ls0\">.<span class=\"ls24\">900</span>.458)<span class=\"_ _1\"></span> </span>(10.<span class=\"ls24\">777</span>.640) Comiss\u00f5es de e<span class=\"_ _1\"></span>mpr\u00e9stimos e gast<span class=\"_ _1\"></span>os com aberturas de<span class=\"_ _1\"></span> cr\u00e9dito <span class=\"_ _1\"></span> (4<span class=\"ls0\">.<span class=\"ls24\">355</span>.369)<span class=\"_ _1\"></span> </span>(3<span class=\"ls0\">.<span class=\"ls24\">241</span>.922)<span class=\"_ _1\"></span> </span>Juros suportado<span class=\"_ _1\"></span>s por apli<span class=\"_ _1\"></span>ca\u00e7\u00e3o do m\u00e9<span class=\"_ _1\"></span>todo do juro efetivo<span class=\"_ _1\"></span> (14.255.827)<span class=\"_ _1\"></span> (14.019.562)<span class=\"_ _1\"></span> Juros suportados co<span class=\"_ _1\"></span>m passivos de <span class=\"_ _1\"></span>loca\u00e7\u00e3o<span class=\"_ _1\"></span> (2<span class=\"ls0\">.<span class=\"ls24\">300</span>.665)<span class=\"_ _1\"></span> </span>(2<span class=\"ls0\">.<span class=\"ls24\">042</span>.333)<span class=\"_ _1\"></span> </span>Gastos financeir<span class=\"_ _1\"></span>os relativos \u00e0 <span class=\"_ _1\"></span>estrutura de<span class=\"_ _1\"></span> capital do Grupo<span class=\"_ _45\"></span> (16.556.492)<span class=\"_ _1\"></span> (16.061.895)<span class=\"_ _1\"></span> Diferen\u00e7as de c\u00e2<span class=\"_ _1\"></span>mbio favor\u00e1veis /<span class=\"_ _1\"></span> (desfavor\u00e1<span class=\"_ _1\"></span>veis)<span class=\"_ _1\"></span> (33.<span class=\"ls24\">492</span>.711) 2.<span class=\"ls24\">702</span>.247  Ganhos / (Perdas)<span class=\"_ _1\"></span> com instrument<span class=\"_ _1\"></span>os derivados de cobertu<span class=\"_ _1\"></span>ra taxa de juro (Nota 8<span class=\"_ _1\"></span>.2)<span class=\"_ _1\"></span> (1<span class=\"ls0\">.<span class=\"ls24\">504</span>.772)<span class=\"_ _1\"></span> </span>(3<span class=\"ls0\">.<span class=\"ls24\">583</span>.179)<span class=\"_ _1\"></span> </span>Ganhos / (Perdas)<span class=\"_ _1\"></span> com instrument<span class=\"_ _1\"></span>os derivados de neg<span class=\"_ _1\"></span>ocia\u00e7\u00e3o (Nota 8.2)<span class=\"_ _45\"></span> (4<span class=\"ls0\">.<span class=\"ls24\">289</span>.597)<span class=\"_ _1\"></span> </span>(4<span class=\"ls0\">.<span class=\"ls24\">265</span>.016)<span class=\"_ _1\"></span> </span>Perdas com juros <span class=\"_ _1\"></span>compensat\u00f3r<span class=\"_ _1\"></span>ios (1<span class=\"ls0\">.<span class=\"ls24\">229</span>.577)<span class=\"_ _1\"></span> </span>-  Outros gastos e per<span class=\"_ _1\"></span>das financeiros<span class=\"_ _1\"></span>   <span class=\"_ _1\"></span> (1<span class=\"ls0\">.<span class=\"ls24\">598</span>.842)<span class=\"_ _1\"></span> </span>-  Gastos e perd<span class=\"_ _1\"></span>as financeiros<span class=\"_ _1\"></span> (58.671.991)<span class=\"_ _1\"></span> (21.207.843)<span class=\"_ _1\"></span> Juros obtidos de<span class=\"_ _1\"></span> ativos financeiros<span class=\"_ _1\"></span> ao custo amort<span class=\"_ _1\"></span>izado<span class=\"_ _1\"></span> 1.<span class=\"ls24\">146</span>.979  726<span class=\"ls0\">.</span>713 <span class=\"ls0\"> </span>Ganhos com instru<span class=\"_ _1\"></span>mentos der<span class=\"_ _1\"></span>ivados de cobertura <span class=\"_ _1\"></span>(Nota 8.2)<span class=\"_ _1\"></span> -  391<span class=\"ls0\">.</span>539 <span class=\"ls0\"> </span>Ganhos com juros<span class=\"_ _1\"></span> compensat\u00f3rios<span class=\"_ _1\"></span> 395<span class=\"ls0\">.</span>732 <span class=\"ls0\"> </span>2.<span class=\"ls24\">274</span>.881  Outros rendimentos<span class=\"_ _1\"></span> e ganhos fina<span class=\"_ _1\"></span>nceiros<span class=\"_ _1\"></span> 146<span class=\"ls0\">.</span>270 <span class=\"ls0\"> </span>37<span class=\"ls0\">.</span>501 <span class=\"ls0\"> </span>Rendimentos e g<span class=\"_ _1\"></span>anhos fina<span class=\"_ _1\"></span>nceiros<span class=\"_ _1\"></span> 1.688.<span class=\"ls2b\">981 <span class=\"_ _1\"></span></span> 3.430.<span class=\"ls2b\">634 <span class=\"_ _1\"></span></span> Resultados fi<span class=\"_ _1\"></span>nanceiros<span class=\"_ _1\"></span> (56.983.010)<span class=\"_ _1\"></span> (17.777.209)<span class=\"_ _1\"></span> Os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ltad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>tuar<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span><span class=\"ff9\">se<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m \u20ac5<span class=\"_ _0\"></span>6.<span class=\"_ _0\"></span>98<span class=\"_ _0\"></span>3.01<span class=\"_ _0\"></span>0 <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s (3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1:<span class=\"_ _0\"></span> </span>\u20ac1<span class=\"_ _0\"></span>7.7<span class=\"_ _0\"></span>77<span class=\"_ _0\"></span>.209<span class=\"_ _0\"></span>).<span class=\"_ _0\"></span> Pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>agra<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>iu o<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>cto <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac<span class=\"_ _0\"></span>30<span class=\"_ _0\"></span>.356.<span class=\"_ _0\"></span>97<span class=\"_ _0\"></span>2 ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>fav<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>\u00e1vei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>acu<span class=\"_ _0\"></span>mul<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>ssoc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> ao re<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bol<span class=\"_ _0\"></span>so d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mo (<span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>) d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>ong<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>zo c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>o \u00e0<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di\u00e1r<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tuc<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> Mo\u00e7<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>. E<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>\u00e9st<span class=\"_ _0\"></span>imo <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>si-c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rav<span class=\"_ _0\"></span>a-se<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>nom<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m mo<span class=\"_ _0\"></span>eda<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a ext<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cord<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pol<span class=\"_ _0\"></span>\u00edti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>il\u00ed<span class=\"_ _0\"></span>stic<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>cum<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>adas,<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>nter<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span>es na <span class=\"_ _0\"></span>Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Inte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, f<span class=\"_ _0\"></span>oram<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nhec<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>exe<span class=\"_ _0\"></span>rc\u00ed<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>o. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInterestIncomeExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-148-7": {
   "value": "5.11.<span class=\"ffd ls0\"> <span class=\"_ _46\"> </span><span class=\"ff3\">Ren<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s </span></span>Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Juros suportados co<span class=\"_ _1\"></span>m t\u00edtulos de d<span class=\"_ _1\"></span>\u00edvida e d\u00edv<span class=\"_ _1\"></span>ida banc\u00e1ria<span class=\"_ _1\"></span> (9<span class=\"ls0\">.<span class=\"ls24\">900</span>.458)<span class=\"_ _1\"></span> </span>(10.<span class=\"ls24\">777</span>.640) Comiss\u00f5es de e<span class=\"_ _1\"></span>mpr\u00e9stimos e gast<span class=\"_ _1\"></span>os com aberturas de<span class=\"_ _1\"></span> cr\u00e9dito <span class=\"_ _1\"></span> (4<span class=\"ls0\">.<span class=\"ls24\">355</span>.369)<span class=\"_ _1\"></span> </span>(3<span class=\"ls0\">.<span class=\"ls24\">241</span>.922)<span class=\"_ _1\"></span> </span>Juros suportado<span class=\"_ _1\"></span>s por apli<span class=\"_ _1\"></span>ca\u00e7\u00e3o do m\u00e9<span class=\"_ _1\"></span>todo do juro efetivo<span class=\"_ _1\"></span> (14.255.827)<span class=\"_ _1\"></span> (14.019.562)<span class=\"_ _1\"></span> Juros suportados co<span class=\"_ _1\"></span>m passivos de <span class=\"_ _1\"></span>loca\u00e7\u00e3o<span class=\"_ _1\"></span> (2<span class=\"ls0\">.<span class=\"ls24\">300</span>.665)<span class=\"_ _1\"></span> </span>(2<span class=\"ls0\">.<span class=\"ls24\">042</span>.333)<span class=\"_ _1\"></span> </span>Gastos financeir<span class=\"_ _1\"></span>os relativos \u00e0 <span class=\"_ _1\"></span>estrutura de<span class=\"_ _1\"></span> capital do Grupo<span class=\"_ _45\"></span> (16.556.492)<span class=\"_ _1\"></span> (16.061.895)<span class=\"_ _1\"></span> Diferen\u00e7as de c\u00e2<span class=\"_ _1\"></span>mbio favor\u00e1veis /<span class=\"_ _1\"></span> (desfavor\u00e1<span class=\"_ _1\"></span>veis)<span class=\"_ _1\"></span> (33.<span class=\"ls24\">492</span>.711) 2.<span class=\"ls24\">702</span>.247  Ganhos / (Perdas)<span class=\"_ _1\"></span> com instrument<span class=\"_ _1\"></span>os derivados de cobertu<span class=\"_ _1\"></span>ra taxa de juro (Nota 8<span class=\"_ _1\"></span>.2)<span class=\"_ _1\"></span> (1<span class=\"ls0\">.<span class=\"ls24\">504</span>.772)<span class=\"_ _1\"></span> </span>(3<span class=\"ls0\">.<span class=\"ls24\">583</span>.179)<span class=\"_ _1\"></span> </span>Ganhos / (Perdas)<span class=\"_ _1\"></span> com instrument<span class=\"_ _1\"></span>os derivados de neg<span class=\"_ _1\"></span>ocia\u00e7\u00e3o (Nota 8.2)<span class=\"_ _45\"></span> (4<span class=\"ls0\">.<span class=\"ls24\">289</span>.597)<span class=\"_ _1\"></span> </span>(4<span class=\"ls0\">.<span class=\"ls24\">265</span>.016)<span class=\"_ _1\"></span> </span>Perdas com juros <span class=\"_ _1\"></span>compensat\u00f3r<span class=\"_ _1\"></span>ios (1<span class=\"ls0\">.<span class=\"ls24\">229</span>.577)<span class=\"_ _1\"></span> </span>-  Outros gastos e per<span class=\"_ _1\"></span>das financeiros<span class=\"_ _1\"></span>   <span class=\"_ _1\"></span> (1<span class=\"ls0\">.<span class=\"ls24\">598</span>.842)<span class=\"_ _1\"></span> </span>-  Gastos e perd<span class=\"_ _1\"></span>as financeiros<span class=\"_ _1\"></span> (58.671.991)<span class=\"_ _1\"></span> (21.207.843)<span class=\"_ _1\"></span> Juros obtidos de<span class=\"_ _1\"></span> ativos financeiros<span class=\"_ _1\"></span> ao custo amort<span class=\"_ _1\"></span>izado<span class=\"_ _1\"></span> 1.<span class=\"ls24\">146</span>.979  726<span class=\"ls0\">.</span>713 <span class=\"ls0\"> </span>Ganhos com instru<span class=\"_ _1\"></span>mentos der<span class=\"_ _1\"></span>ivados de cobertura <span class=\"_ _1\"></span>(Nota 8.2)<span class=\"_ _1\"></span> -  391<span class=\"ls0\">.</span>539 <span class=\"ls0\"> </span>Ganhos com juros<span class=\"_ _1\"></span> compensat\u00f3rios<span class=\"_ _1\"></span> 395<span class=\"ls0\">.</span>732 <span class=\"ls0\"> </span>2.<span class=\"ls24\">274</span>.881  Outros rendimentos<span class=\"_ _1\"></span> e ganhos fina<span class=\"_ _1\"></span>nceiros<span class=\"_ _1\"></span> 146<span class=\"ls0\">.</span>270 <span class=\"ls0\"> </span>37<span class=\"ls0\">.</span>501 <span class=\"ls0\"> </span>Rendimentos e g<span class=\"_ _1\"></span>anhos fina<span class=\"_ _1\"></span>nceiros<span class=\"_ _1\"></span> 1.688.<span class=\"ls2b\">981 <span class=\"_ _1\"></span></span> 3.430.<span class=\"ls2b\">634 <span class=\"_ _1\"></span></span> Resultados fi<span class=\"_ _1\"></span>nanceiros<span class=\"_ _1\"></span> (56.983.010)<span class=\"_ _1\"></span> (17.777.209)<span class=\"_ _1\"></span> Os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ltad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>tuar<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span><span class=\"ff9\">se<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m \u20ac5<span class=\"_ _0\"></span>6.<span class=\"_ _0\"></span>98<span class=\"_ _0\"></span>3.01<span class=\"_ _0\"></span>0 <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s (3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1:<span class=\"_ _0\"></span> </span>\u20ac1<span class=\"_ _0\"></span>7.7<span class=\"_ _0\"></span>77<span class=\"_ _0\"></span>.209<span class=\"_ _0\"></span>).<span class=\"_ _0\"></span> Pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>agra<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>iu o<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>cto <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac<span class=\"_ _0\"></span>30<span class=\"_ _0\"></span>.356.<span class=\"_ _0\"></span>97<span class=\"_ _0\"></span>2 ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>fav<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>\u00e1vei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>acu<span class=\"_ _0\"></span>mul<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>ssoc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> ao re<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bol<span class=\"_ _0\"></span>so d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mo (<span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>) d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>ong<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>zo c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>o \u00e0<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di\u00e1r<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tuc<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> Mo\u00e7<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>. E<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>\u00e9st<span class=\"_ _0\"></span>imo <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>si-c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rav<span class=\"_ _0\"></span>a-se<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>nom<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m mo<span class=\"_ _0\"></span>eda<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a ext<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cord<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pol<span class=\"_ _0\"></span>\u00edti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>il\u00ed<span class=\"_ _0\"></span>stic<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>cum<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>adas,<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>nter<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span>es na <span class=\"_ _0\"></span>Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Inte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, f<span class=\"_ _0\"></span>oram<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nhec<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>exe<span class=\"_ _0\"></span>rc\u00ed<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>o. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInterestExpenseExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-148-8": {
   "value": "5.11.<span class=\"ffd ls0\"> <span class=\"_ _46\"> </span><span class=\"ff3\">Ren<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s </span></span>Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Juros suportados co<span class=\"_ _1\"></span>m t\u00edtulos de d<span class=\"_ _1\"></span>\u00edvida e d\u00edv<span class=\"_ _1\"></span>ida banc\u00e1ria<span class=\"_ _1\"></span> (9<span class=\"ls0\">.<span class=\"ls24\">900</span>.458)<span class=\"_ _1\"></span> </span>(10.<span class=\"ls24\">777</span>.640) Comiss\u00f5es de e<span class=\"_ _1\"></span>mpr\u00e9stimos e gast<span class=\"_ _1\"></span>os com aberturas de<span class=\"_ _1\"></span> cr\u00e9dito <span class=\"_ _1\"></span> (4<span class=\"ls0\">.<span class=\"ls24\">355</span>.369)<span class=\"_ _1\"></span> </span>(3<span class=\"ls0\">.<span class=\"ls24\">241</span>.922)<span class=\"_ _1\"></span> </span>Juros suportado<span class=\"_ _1\"></span>s por apli<span class=\"_ _1\"></span>ca\u00e7\u00e3o do m\u00e9<span class=\"_ _1\"></span>todo do juro efetivo<span class=\"_ _1\"></span> (14.255.827)<span class=\"_ _1\"></span> (14.019.562)<span class=\"_ _1\"></span> Juros suportados co<span class=\"_ _1\"></span>m passivos de <span class=\"_ _1\"></span>loca\u00e7\u00e3o<span class=\"_ _1\"></span> (2<span class=\"ls0\">.<span class=\"ls24\">300</span>.665)<span class=\"_ _1\"></span> </span>(2<span class=\"ls0\">.<span class=\"ls24\">042</span>.333)<span class=\"_ _1\"></span> </span>Gastos financeir<span class=\"_ _1\"></span>os relativos \u00e0 <span class=\"_ _1\"></span>estrutura de<span class=\"_ _1\"></span> capital do Grupo<span class=\"_ _45\"></span> (16.556.492)<span class=\"_ _1\"></span> (16.061.895)<span class=\"_ _1\"></span> Diferen\u00e7as de c\u00e2<span class=\"_ _1\"></span>mbio favor\u00e1veis /<span class=\"_ _1\"></span> (desfavor\u00e1<span class=\"_ _1\"></span>veis)<span class=\"_ _1\"></span> (33.<span class=\"ls24\">492</span>.711) 2.<span class=\"ls24\">702</span>.247  Ganhos / (Perdas)<span class=\"_ _1\"></span> com instrument<span class=\"_ _1\"></span>os derivados de cobertu<span class=\"_ _1\"></span>ra taxa de juro (Nota 8<span class=\"_ _1\"></span>.2)<span class=\"_ _1\"></span> (1<span class=\"ls0\">.<span class=\"ls24\">504</span>.772)<span class=\"_ _1\"></span> </span>(3<span class=\"ls0\">.<span class=\"ls24\">583</span>.179)<span class=\"_ _1\"></span> </span>Ganhos / (Perdas)<span class=\"_ _1\"></span> com instrument<span class=\"_ _1\"></span>os derivados de neg<span class=\"_ _1\"></span>ocia\u00e7\u00e3o (Nota 8.2)<span class=\"_ _45\"></span> (4<span class=\"ls0\">.<span class=\"ls24\">289</span>.597)<span class=\"_ _1\"></span> </span>(4<span class=\"ls0\">.<span class=\"ls24\">265</span>.016)<span class=\"_ _1\"></span> </span>Perdas com juros <span class=\"_ _1\"></span>compensat\u00f3r<span class=\"_ _1\"></span>ios (1<span class=\"ls0\">.<span class=\"ls24\">229</span>.577)<span class=\"_ _1\"></span> </span>-  Outros gastos e per<span class=\"_ _1\"></span>das financeiros<span class=\"_ _1\"></span>   <span class=\"_ _1\"></span> (1<span class=\"ls0\">.<span class=\"ls24\">598</span>.842)<span class=\"_ _1\"></span> </span>-  Gastos e perd<span class=\"_ _1\"></span>as financeiros<span class=\"_ _1\"></span> (58.671.991)<span class=\"_ _1\"></span> (21.207.843)<span class=\"_ _1\"></span> Juros obtidos de<span class=\"_ _1\"></span> ativos financeiros<span class=\"_ _1\"></span> ao custo amort<span class=\"_ _1\"></span>izado<span class=\"_ _1\"></span> 1.<span class=\"ls24\">146</span>.979  726<span class=\"ls0\">.</span>713 <span class=\"ls0\"> </span>Ganhos com instru<span class=\"_ _1\"></span>mentos der<span class=\"_ _1\"></span>ivados de cobertura <span class=\"_ _1\"></span>(Nota 8.2)<span class=\"_ _1\"></span> -  391<span class=\"ls0\">.</span>539 <span class=\"ls0\"> </span>Ganhos com juros<span class=\"_ _1\"></span> compensat\u00f3rios<span class=\"_ _1\"></span> 395<span class=\"ls0\">.</span>732 <span class=\"ls0\"> </span>2.<span class=\"ls24\">274</span>.881  Outros rendimentos<span class=\"_ _1\"></span> e ganhos fina<span class=\"_ _1\"></span>nceiros<span class=\"_ _1\"></span> 146<span class=\"ls0\">.</span>270 <span class=\"ls0\"> </span>37<span class=\"ls0\">.</span>501 <span class=\"ls0\"> </span>Rendimentos e g<span class=\"_ _1\"></span>anhos fina<span class=\"_ _1\"></span>nceiros<span class=\"_ _1\"></span> 1.688.<span class=\"ls2b\">981 <span class=\"_ _1\"></span></span> 3.430.<span class=\"ls2b\">634 <span class=\"_ _1\"></span></span> Resultados fi<span class=\"_ _1\"></span>nanceiros<span class=\"_ _1\"></span> (56.983.010)<span class=\"_ _1\"></span> (17.777.209)<span class=\"_ _1\"></span> Os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ltad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>tuar<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span><span class=\"ff9\">se<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m \u20ac5<span class=\"_ _0\"></span>6.<span class=\"_ _0\"></span>98<span class=\"_ _0\"></span>3.01<span class=\"_ _0\"></span>0 <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s (3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1:<span class=\"_ _0\"></span> </span>\u20ac1<span class=\"_ _0\"></span>7.7<span class=\"_ _0\"></span>77<span class=\"_ _0\"></span>.209<span class=\"_ _0\"></span>).<span class=\"_ _0\"></span> Pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>agra<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>iu o<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>cto <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac<span class=\"_ _0\"></span>30<span class=\"_ _0\"></span>.356.<span class=\"_ _0\"></span>97<span class=\"_ _0\"></span>2 ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>fav<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>\u00e1vei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>acu<span class=\"_ _0\"></span>mul<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>ssoc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> ao re<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bol<span class=\"_ _0\"></span>so d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mo (<span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>) d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>ong<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>zo c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>o \u00e0<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di\u00e1r<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tuc<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> Mo\u00e7<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>. E<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>\u00e9st<span class=\"_ _0\"></span>imo <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>si-c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rav<span class=\"_ _0\"></span>a-se<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>nom<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m mo<span class=\"_ _0\"></span>eda<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a ext<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cord<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pol<span class=\"_ _0\"></span>\u00edti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>il\u00ed<span class=\"_ _0\"></span>stic<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>cum<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>adas,<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>nter<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span>es na <span class=\"_ _0\"></span>Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Inte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, f<span class=\"_ _0\"></span>oram<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nhec<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>exe<span class=\"_ _0\"></span>rc\u00ed<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>o. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-151-3": {
   "value": "Pol\u00edticas Contabil\u00edsticas O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o \u201c<span class=\"_ _0\"></span>Rend<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>os\u201d<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>rend<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a ati<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>sour<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o: i<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>obt<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>xc<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>urar<span class=\"_ _0\"></span>ia;<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ii)<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s ne<span class=\"_ _0\"></span>goc<span class=\"_ _0\"></span>iad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ura <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>axa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>c\u00e2m<span class=\"_ _0\"></span>bio<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>igna\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a. ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinanceIncomeAndCostsExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-151-4": {
   "value": "Pol\u00edticas Contabil\u00edsticas O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o \u201c<span class=\"_ _0\"></span>Rend<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>os\u201d<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>rend<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a ati<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>sour<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o: i<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>obt<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>xc<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>urar<span class=\"_ _0\"></span>ia;<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ii)<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s ne<span class=\"_ _0\"></span>goc<span class=\"_ _0\"></span>iad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ura <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>axa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>c\u00e2m<span class=\"_ _0\"></span>bio<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>igna\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a. ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinanceCostsExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-151-5": {
   "value": "Pol\u00edticas Contabil\u00edsticas O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o \u201c<span class=\"_ _0\"></span>Rend<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>os\u201d<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>rend<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a ati<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>sour<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o: i<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>obt<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>xc<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>urar<span class=\"_ _0\"></span>ia;<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ii)<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s ne<span class=\"_ _0\"></span>goc<span class=\"_ _0\"></span>iad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ura <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>axa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>c\u00e2m<span class=\"_ _0\"></span>bio<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>igna\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a. ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForInterestIncomeAndExpenseExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-149-2": {
   "value": "6.1.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Impo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>e o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>\u00edo<span class=\"_ _0\"></span>do </span></span>6.1.1.<span class=\"ls0\"> <span class=\"_ _50\"> </span>Imposto reconhecido<span class=\"_ _1\"></span> na demonst<span class=\"_ _1\"></span>ra\u00e7\u00e3o dos resu<span class=\"_ _1\"></span>ltados </span>consolidados<span class=\"_ _1\"></span> Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Imposto corrente<span class=\"_ _1\"></span> 150<span class=\"ls0\">.</span>703<span class=\"ls0\">.440  </span>37<span class=\"ls0\">.</span>586<span class=\"ls0\">.136  </span>Varia\u00e7\u00e3o de pos<span class=\"_ _1\"></span>i\u00e7\u00f5es fiscais incert<span class=\"_ _1\"></span>as no per\u00edodo<span class=\"_ _1\"></span> (18.<span class=\"ls24\">448</span>.125) (9<span class=\"ls0\">.<span class=\"ls24\">121</span>.784)<span class=\"_ _1\"></span> </span>Imposto difer<span class=\"_ _1\"></span>ido (Nota 6.2)<span class=\"_ _1\"></span> (8<span class=\"ls0\">.<span class=\"ls24\">317</span>.503)<span class=\"_ _1\"></span> </span>11<span class=\"ls0\">.</span>913<span class=\"ls0\">.967  </span>123<span class=\"ls0\">.937.8<span class=\"_ _1\"></span>12  </span>40<span class=\"ls0\">.</span>378<span class=\"_ _1\"></span><span class=\"ls0\">.319  </span>Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 o<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> <span class=\"ff9\">co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nclui<span class=\"_ _0\"></span> \u20ac<span class=\"_ _0\"></span>132<span class=\"_ _0\"></span>.48<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>44<span class=\"_ _0\"></span>0 (3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>deze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> </span>20<span class=\"_ _0\"></span>21:<span class=\"_ _0\"></span> \u20ac3<span class=\"_ _0\"></span>6.<span class=\"_ _0\"></span>488<span class=\"_ _0\"></span>.39<span class=\"_ _0\"></span>4)<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a no<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>metr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span><span class=\"ff1\"> do <span class=\"_ _0\"></span>agr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>scal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a </span>The<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>0<span class=\"ls16\">21</span> <span class=\"ff9\">a<span class=\"_ _0\"></span> rub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a \u201c<span class=\"_ _0\"></span>Var<span class=\"_ _0\"></span>ia\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>ince<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>\u201d </span>re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> o e<span class=\"_ _0\"></span>xc<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>o/i<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ci\u00ea<span class=\"_ _0\"></span>ncia <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>cho<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>r\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>alg<span class=\"_ _0\"></span>uns<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>\u00e9ri<span class=\"_ _0\"></span>as c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>tez<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>bem<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma\u00e7\u00e3o<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>ncu<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>ecl<span class=\"_ _0\"></span>ama<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s g<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>Adm<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>Fisc<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>uri<span class=\"_ _0\"></span>spr<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>\u00eanc<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>nais<span class=\"_ _0\"></span>. N\u00e3o<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> espe<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>to.<span class=\"_ _0\"></span> Taxa de imposto nominal No<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>apre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s, o<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mpo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>omi<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>ortu<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 27<span class=\"_ _0\"></span>,5%<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a le<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>sla\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>como<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ue: 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Portugal Taxa nominal de <span class=\"_ _1\"></span>imposto sobre o r<span class=\"_ _1\"></span>endimento<span class=\"_ _1\"></span> 21,0% 21,0% Derrama munic<span class=\"_ _1\"></span>ipal 1,5% 1,5% 22,5% 22,5% Derrama estadual<span class=\"_ _1\"></span> - sobre as parte<span class=\"_ _1\"></span>s dos lucros tr<span class=\"_ _1\"></span>ibut\u00e1veis entre 1<span class=\"_ _1\"></span>.500.000 Euro<span class=\"_ _1\"></span>s e 7.500.000 Euros<span class=\"_ _1\"></span> <span class=\"_ _1\"></span> 3,0% 3,0% Derrama estadual<span class=\"_ _1\"></span> - sobre as parte<span class=\"_ _1\"></span>s dos lucros tr<span class=\"_ _1\"></span>ibut\u00e1veis entre 7<span class=\"_ _1\"></span>.500.000 Euro<span class=\"_ _1\"></span>s e 35.000.000 Euro<span class=\"_ _1\"></span>s <span class=\"_ _1\"></span> 5,0% 5,0% Derrama estadual<span class=\"_ _1\"></span> - sobre as parte<span class=\"_ _1\"></span>s dos lucros tr<span class=\"_ _1\"></span>ibut\u00e1veis aci<span class=\"_ _1\"></span>ma de 35.000.000<span class=\"_ _1\"></span> Euros <span class=\"_ _1\"></span> 9,0% 9,0% Reconcilia\u00e7\u00e3o da taxa efetiva de imposto sobre o rend<span class=\"_ _0\"></span>imento do per\u00edodo<span class=\"_ _1\"></span> Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Resultado antes de<span class=\"_ _1\"></span> impostos<span class=\"_ _1\"></span> 516<span class=\"ls0\">.476.7<span class=\"_ _1\"></span>43  </span>211<span class=\"ls0\">.796.8<span class=\"_ _1\"></span>32  </span>Imposto esperado<span class=\"_ _1\"></span> \u00e0 taxa nom<span class=\"_ _1\"></span>inal (21%)<span class=\"_ _1\"></span> 108<span class=\"ls0\">.</span>460<span class=\"ls0\">.116  </span>44<span class=\"ls0\">.</span>477<span class=\"ls0\">.335  </span>Derrama munic<span class=\"_ _1\"></span>ipal (2022: 1,38<span class=\"_ _1\"></span>% ; 2021: 1,17%)<span class=\"_ _1\"></span> 7.<span class=\"ls24\">144</span>.221  2.<span class=\"ls24\">480</span>.719  Derrama estadual<span class=\"_ _1\"></span> (2022; 5,23% ;<span class=\"_ _1\"></span> 2021: 3,04%)<span class=\"_ _1\"></span> 27<span class=\"ls0\">.</span>023<span class=\"ls0\">.780  </span>6.<span class=\"ls24\">442</span>.237  Imposto resulta<span class=\"_ _1\"></span>nte da taxa apl<span class=\"_ _1\"></span>ic\u00e1vel<span class=\"_ _1\"></span> 142<span class=\"ls0\">.628.1<span class=\"_ _1\"></span>17  </span>53<span class=\"ls0\">.</span>400<span class=\"_ _1\"></span><span class=\"ls0\">.290  </span>Taxa nominal d<span class=\"_ _1\"></span>e imposto do pe<span class=\"_ _1\"></span>r\u00edodo<span class=\"_ _1\"></span> 27,6% 25,2% Diferen\u00e7as (a)<span class=\"_ _1\"></span> (17.<span class=\"ls24\">001</span>.119) (4<span class=\"ls0\">.<span class=\"ls24\">008</span>.681)<span class=\"_ _1\"></span> </span>Excesso de estimat<span class=\"_ _1\"></span>iva de imposto<span class=\"_ _1\"></span> -  (4<span class=\"ls0\">.<span class=\"ls24\">684</span>.477)<span class=\"_ _1\"></span> </span>Benef\u00edcios fisca<span class=\"_ _1\"></span>is \u00e0 coleta<span class=\"_ _1\"></span> (2<span class=\"ls0\">.<span class=\"ls24\">557</span>.382)<span class=\"_ _1\"></span> </span>(5<span class=\"ls0\">.<span class=\"ls24\">120</span>.858)<span class=\"_ _1\"></span> </span>Tributa\u00e7\u00e3o aut\u00f3no<span class=\"_ _1\"></span>ma 868<span class=\"ls0\">.</span>196 <span class=\"ls0\"> </span>792<span class=\"ls0\">.</span>046 <span class=\"ls0\"> </span>123<span class=\"ls0\">.937.8<span class=\"_ _1\"></span>12  </span>40<span class=\"ls0\">.</span>378<span class=\"_ _1\"></span><span class=\"ls0\">.319  </span>Taxa efe<span class=\"_ _1\"></span>tiva de imposto 24,0% 19,1% (a) Este valor respe<span class=\"_ _1\"></span>ita essencia<span class=\"_ _1\"></span>lmente a :<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Mais / (Menos) va<span class=\"_ _1\"></span>lias fiscais<span class=\"_ _1\"></span> (92.879) 1.<span class=\"ls24\">993</span>.450  (Mais) / Menos va<span class=\"_ _1\"></span>lias contabi<span class=\"_ _1\"></span>l\u00edsticas<span class=\"_ _1\"></span> 16<span class=\"ls0\">.</span>734 <span class=\"ls0\"> </span>(2<span class=\"ls0\">.<span class=\"ls24\">039</span>.580)<span class=\"_ _1\"></span> </span>Imparidades e prov<span class=\"_ _1\"></span>is\u00f5es tributada<span class=\"_ _1\"></span>s  (32.<span class=\"ls24\">689</span>.635) (7<span class=\"ls0\">.<span class=\"ls24\">167</span>.993)<span class=\"_ _1\"></span> </span>Benef\u00edcios fisca<span class=\"_ _1\"></span>is (26.<span class=\"ls24\">637</span>.333) (5<span class=\"ls0\">.<span class=\"ls24\">871</span>.622)<span class=\"_ _1\"></span> </span>Benef\u00edcios p\u00f3s-e<span class=\"_ _1\"></span>mprego<span class=\"_ _1\"></span> (2<span class=\"ls0\">.<span class=\"ls24\">394</span>.591)<span class=\"_ _1\"></span> </span>(5<span class=\"ls0\">.<span class=\"ls24\">118</span>.074)<span class=\"_ _1\"></span> </span>Outros (24.547) 3.<span class=\"ls24\">626</span>.797  (61.822.251)<span class=\"_ _1\"></span> (14.577.022)<span class=\"_ _1\"></span> Impacto fiscal (<span class=\"_ _1\"></span>27,5%)<span class=\"_ _1\"></span> (17.001.119)<span class=\"_ _1\"></span> (4<span class=\"ls0\">.008.681) </span>6.1.2.<span class=\"ls0\"> <span class=\"_ _50\"> </span>Imposto reconhecido<span class=\"_ _1\"></span> na demonst<span class=\"_ _1\"></span>ra\u00e7\u00e3o da posi\u00e7\u00e3o<span class=\"_ _1\"></span> financeira </span>consolidada<span class=\"_ _1\"></span> Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Ativo Valores pendentes<span class=\"_ _1\"></span> de reembolso<span class=\"_ _1\"></span> 16<span class=\"ls0\">.</span>216<span class=\"ls0\">.543  </span>1.<span class=\"ls24\">118</span>.815  16<span class=\"ls0\">.</span>216<span class=\"ls0\">.<span class=\"_ _1\"></span>543  </span>1.118.<span class=\"ls2b\">815 <span class=\"_ _1\"></span></span> Passivo Imposto sobre o<span class=\"_ _1\"></span> Rendimento das<span class=\"_ _1\"></span> Pessoa<span class=\"_ _1\"></span>s Coletivas - I<span class=\"_ _1\"></span>RC 110<span class=\"ls0\">.</span>712<span class=\"ls0\">.325  </span>19<span class=\"ls0\">.</span>913<span class=\"ls0\">.222  </span>Responsabilidade<span class=\"_ _1\"></span>s adiciona<span class=\"_ _1\"></span>is de imposto (IRC)<span class=\"_ _1\"></span> 14<span class=\"ls0\">.</span>762<span class=\"ls0\">.361  </span>19<span class=\"ls0\">.</span>967<span class=\"ls0\">.180  </span>125<span class=\"ls0\">.474.6<span class=\"_ _1\"></span>86  </span>39<span class=\"ls0\">.</span>880<span class=\"_ _1\"></span><span class=\"ls0\">.402  </span>Decomposi\u00e7\u00e3o da rubrica imposto sobr<span class=\"_ _0\"></span>e o rendimento das pessoas coletivas <span class=\"_ _1\"></span> \u2013<span class=\"ff3\"> IRC l\u00edquido </span>Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Imposto sobre o<span class=\"_ _1\"></span> rendimento do pe<span class=\"_ _1\"></span>r\u00edodo 150<span class=\"ls0\">.</span>703<span class=\"ls0\">.440  </span>37<span class=\"ls0\">.</span>586<span class=\"ls0\">.136  </span>Pagamentos por conta,<span class=\"_ _1\"></span> especia<span class=\"_ _1\"></span>is e adicionais por conta<span class=\"_ _1\"></span> (37.<span class=\"ls24\">500</span>.934) (19.<span class=\"ls24\">000</span>.792) Reten\u00e7\u00f5es na fonte a<span class=\"_ _1\"></span> recuperar<span class=\"_ _1\"></span> (44.686) (22.809) Outros valores a <span class=\"_ _1\"></span>(receber)/Pagar<span class=\"_ _1\"></span> (2<span class=\"ls0\">.<span class=\"ls24\">445</span>.495)<span class=\"_ _1\"></span> </span>1.<span class=\"ls24\">350</span>.687  110<span class=\"ls0\">.712.3<span class=\"_ _1\"></span>25  </span>19<span class=\"ls0\">.</span>913<span class=\"_ _1\"></span><span class=\"ls0\">.222  </span>Os <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Im<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> sob<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> Pe<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>oas<span class=\"_ _0\"></span> Col<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ago<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>no e<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>rc\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>scr<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>nam<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> seg<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>: Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Pagamento / (Reem<span class=\"_ _1\"></span>bolso) do IRC do <span class=\"_ _1\"></span>per\u00edodo anter<span class=\"_ _1\"></span>ior 10<span class=\"ls0\">.</span>851<span class=\"ls0\">.693  </span>2.<span class=\"ls24\">748</span>.971  Pagamentos por conta,<span class=\"_ _1\"></span> especia<span class=\"_ _1\"></span>is e adicionais por conta<span class=\"_ _1\"></span> 37<span class=\"ls0\">.</span>500<span class=\"ls0\">.934  </span>19<span class=\"ls0\">.</span>000<span class=\"ls0\">.792  </span>Reten\u00e7\u00f5es na fonte<span class=\"_ _1\"></span> 44<span class=\"ls0\">.</span>686 <span class=\"ls0\"> </span>22<span class=\"ls0\">.</span>809 <span class=\"ls0\"> </span>Reembolsos de pr<span class=\"_ _1\"></span>ocessos fiscais d<span class=\"_ _1\"></span>ecididos a favor do<span class=\"_ _1\"></span> Grup<span class=\"_ _1\"></span>o (977.298) (2<span class=\"ls0\">.<span class=\"ls24\">090</span>.502)<span class=\"_ _1\"></span> </span>Pagamentos de resp<span class=\"_ _1\"></span>onsabilidades<span class=\"_ _1\"></span> adicionais de<span class=\"_ _1\"></span> <span class=\"_ _1\"></span>imposto 17<span class=\"ls0\">.</span>350<span class=\"ls0\">.270  </span>-  Outros pagamentos<span class=\"_ _1\"></span> / (reembolsos<span class=\"_ _1\"></span>) de imposto sobre<span class=\"_ _1\"></span> o rendimento<span class=\"_ _1\"></span> (4<span class=\"ls0\">.905)<span class=\"_ _1\"></span> </span>967<span class=\"ls0\">.</span>532 <span class=\"ls0\"> </span>Pagamentos/(re<span class=\"_ _1\"></span>cebimentos) d<span class=\"_ _1\"></span>o imposto sobre o<span class=\"_ _1\"></span> rendimento <span class=\"_ _45\"></span> 64<span class=\"ls0\">.</span>765<span class=\"ls0\">.<span class=\"_ _1\"></span>380  </span>20<span class=\"ls0\">.</span>649<span class=\"_ _1\"></span><span class=\"ls0\">.602  </span>Valores pendentes de reembolso Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>IRC (RETGS) 2005<span class=\"_ _1\"></span> 13<span class=\"ls0\">.</span>886<span class=\"ls0\">.728  </span>-  RFAI 2010 a 2012 <span class=\"_ _1\"></span>- juros indemn<span class=\"_ _1\"></span>izat\u00f3rios<span class=\"_ _1\"></span> 1.<span class=\"ls24\">076</span>.611  1.<span class=\"ls24\">076</span>.611  IRC 2016 - Navi<span class=\"_ _1\"></span>gator Tissue R<span class=\"_ _1\"></span>od\u00e3o 861<span class=\"ls0\">.</span>866 <span class=\"ls0\"> </span>-  IRC 2016 - Proces<span class=\"_ _1\"></span>so CAAD 7/2022<span class=\"_ _1\"></span> 272<span class=\"ls0\">.</span>697 <span class=\"ls0\"> </span>-  IRC (RETGS) 2020<span class=\"_ _1\"></span> 62<span class=\"ls0\">.</span>867 <span class=\"ls0\"> </span>-  Outros 55<span class=\"ls0\">.</span>774 <span class=\"ls0\"> </span>42<span class=\"ls0\">.</span>204 <span class=\"ls0\"> </span>16<span class=\"ls0\">.</span>216<span class=\"ls0\">.<span class=\"_ _1\"></span>543  </span>1.118.<span class=\"ls2b\">815 <span class=\"_ _1\"></span></span> Os <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> dis<span class=\"_ _0\"></span>cri<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ue: Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Saldo no in\u00edcio do p<span class=\"_ _1\"></span>er\u00edodo<span class=\"_ _1\"></span> 1.118.<span class=\"ls2b\">815 <span class=\"_ _1\"></span></span> 3.482.<span class=\"ls2b\">762 <span class=\"_ _1\"></span></span> Aumentos <span class=\"_ _1\"></span> 16<span class=\"ls0\">.</span>075<span class=\"ls0\">.026  </span>97<span class=\"ls0\">.</span>239 <span class=\"ls0\"> </span>Pagamentos / (receb<span class=\"_ _1\"></span>imentos)<span class=\"_ _1\"></span> (977.298) (2<span class=\"ls0\">.<span class=\"ls24\">027</span>.635)<span class=\"_ _1\"></span> </span>Revers\u00f5es -  (433.551) 16<span class=\"ls0\">.</span>216<span class=\"ls0\">.<span class=\"_ _1\"></span>543  </span>1.118.<span class=\"ls2b\">815 <span class=\"_ _1\"></span></span> Provis\u00f5es fiscais incertas <span class=\"ffa\">\u2013</span> Passivos Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Saldo no in\u00edcio do p<span class=\"_ _1\"></span>er\u00edodo<span class=\"_ _1\"></span> 19<span class=\"ls0\">.</span>967<span class=\"ls0\">.<span class=\"_ _1\"></span>180 </span>22<span class=\"ls0\">.</span>898<span class=\"_ _1\"></span><span class=\"ls0\">.753  </span>Aumentos <span class=\"_ _1\"></span> 4.<span class=\"ls24\">572</span>.566  8.<span class=\"ls24\">094</span>.261  Pagamentos / (receb<span class=\"_ _1\"></span>imentos)<span class=\"_ _1\"></span> 17<span class=\"ls0\">.</span>350<span class=\"ls0\">.270  </span>(62.867) Revers\u00f5es (27.<span class=\"ls24\">127</span>.655) (10.<span class=\"ls24\">962</span>.967) Varia\u00e7\u00e3o no per\u00edod<span class=\"_ _1\"></span>o (5<span class=\"ls0\">.204.819) </span>(2<span class=\"ls0\">.931.573) </span>14<span class=\"ls0\">.</span>762<span class=\"ls0\">.<span class=\"_ _1\"></span>361  </span>19<span class=\"ls0\">.</span>967<span class=\"_ _1\"></span><span class=\"ls0\">.180  </span>Liquida\u00e7\u00f5es pagas em contencioso Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> liq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> adi<span class=\"_ _0\"></span>cion<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>osto<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span> pag<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>conh<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo,<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>am ao<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>m-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 IRC agregado 2005<span class=\"_ _1\"></span> (Nota 10.3)<span class=\"_ _1\"></span> 10<span class=\"ls0\">.</span>394<span class=\"ls0\">.386  </span>10<span class=\"ls0\">.</span>394<span class=\"ls0\">.386  </span>IRC agregado 2006<span class=\"_ _1\"></span> (Nota 10.3)<span class=\"_ _1\"></span> 8.<span class=\"ls24\">150</span>.146  8.<span class=\"ls24\">150</span>.146  IRC 2015 - Navi<span class=\"_ _1\"></span>gator Tissue R<span class=\"_ _1\"></span>\u00f3d\u00e3o, S.A. 7.<span class=\"ls24\">586</span>.361  7.<span class=\"ls24\">586</span>.361  IRC agregado 2018<span class=\"_ _1\"></span> 14<span class=\"ls0\">.</span>433<span class=\"ls0\">.913  </span>-  Derrama Estadual 2016<span class=\"_ _1\"></span> 3.<span class=\"ls24\">761</span>.397  3.<span class=\"ls24\">761</span>.397  Derrama Estadual 2017<span class=\"_ _1\"></span> 8.<span class=\"ls24\">462</span>.724  8.<span class=\"ls24\">462</span>.724  Derrama Estadual <span class=\"_ _1\"></span><span class=\"ls24\">2018</span> 12<span class=\"ls0\">.</span>223<span class=\"ls0\">.705  </span>12<span class=\"ls0\">.</span>223<span class=\"ls0\">.705  </span>CDTJI IRC 2016 e<span class=\"_ _1\"></span> 2017 1.<span class=\"ls24\">522</span>.660  1.<span class=\"ls24\">522</span>.660  66<span class=\"ls0\">.</span>535<span class=\"ls0\">.<span class=\"_ _1\"></span>292  </span>52<span class=\"ls0\">.</span>101<span class=\"_ _1\"></span><span class=\"ls0\">.379  </span>Estimativas e julgamentos O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ce p<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sivo<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> l<span class=\"_ _0\"></span>iqui<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>iona<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>sam<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sult<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s ef<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> auto<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> fis<span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rri<span class=\"_ _0\"></span>t\u00f3r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s on<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>env<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ve ati<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e. <span class=\"_ _0\"></span>Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tado<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>ua\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s \u00e9 <span class=\"_ _0\"></span>dife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nici<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>er\u00e3o <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>post<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sob<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to, <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>o em<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>is di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> se <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>m. Em <span class=\"_ _0\"></span>Po<span class=\"_ _0\"></span>rtu<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dec<span class=\"_ _0\"></span>lar<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> anua<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o s<span class=\"_ _0\"></span>uj<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ev<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> aju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s au<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> du<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 4 a<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Cont<span class=\"_ _0\"></span>udo<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ju\u00ed<span class=\"_ _0\"></span>zo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fis<span class=\"_ _0\"></span>cais<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stes<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ode<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>er s<span class=\"_ _0\"></span>uj<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>s\u00e3<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>utor<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>is p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 6 <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pa\u00ed<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>volve<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>, em<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egr<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span>es. O C<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Ad<span class=\"_ _0\"></span>mini<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> ev<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tuai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> \u00e0q<span class=\"_ _0\"></span>uel<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cla<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m re<span class=\"ls0\">sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s/i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>\u00e3o e<span class=\"_ _0\"></span>fei<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>o </span>nas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>emo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>iras<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 31 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> dez<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>0, <span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> j\u00e1<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ela <span class=\"_ _0\"></span>Aut<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>t\u00e1ri<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> A<span class=\"_ _0\"></span>dua<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> at\u00e9<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>8, i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>. Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u00e0 t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> nom<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>de 27<span class=\"_ _0\"></span>,5%<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>stir<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>rav<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os g<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ostos<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac1<span class=\"_ _0\"></span>8.0<span class=\"_ _0\"></span>93<span class=\"_ _0\"></span>.292<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>zem<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21:<span class=\"_ _0\"></span> \u20ac<span class=\"_ _0\"></span>17<span class=\"_ _0\"></span>.865<span class=\"_ _0\"></span>.8<span class=\"_ _0\"></span>09)<span class=\"_ _0\"></span>.<span class=\"ff1\"> </span>Pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>rt<span class=\"ls9c\">as</span> O m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> por<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pro<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>fetu<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>r\u00ean<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a \u00e0<span class=\"_ _0\"></span> dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>posi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>da,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>g\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ndime<span class=\"_ _3b\"></span>nto c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Admi<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o Tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>t\u00e1r<span class=\"_ _0\"></span>ia,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>vime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>\u00e3o o<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>\u00e9ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>fis<span class=\"_ _0\"></span>cais<span class=\"_ _0\"></span>.  O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u00e0 me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fisc<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>as, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>side<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>o di<span class=\"_ _0\"></span>spos<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> IFR<span class=\"_ _0\"></span>IC <span class=\"_ _0\"></span>23<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> <span class=\"ff9\">\u2018In<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto\u2019<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a </span></span></span>me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>cos <span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>ni\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> mel<span class=\"_ _0\"></span>hor<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o ga<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xigi<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>dar <span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>todo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>os po<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sult<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>obab<span class=\"_ _0\"></span>ilid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfIncomeTaxExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-157-3": {
   "value": "Pol\u00edticas Contabil\u00edsticas O i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>to c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> sob<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e9 d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> l\u00ed<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>dos,<span class=\"_ _0\"></span> aju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nfor<span class=\"_ _0\"></span>mid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a l<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sla<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>al v<span class=\"_ _0\"></span>ige<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ira con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>. Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>l Em <span class=\"_ _0\"></span>Po<span class=\"_ _0\"></span>rtu<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntra<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>ujei<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> Reg<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Espe<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Trib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Soc<span class=\"_ _0\"></span>ied<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>RE<span class=\"_ _0\"></span>TGS)<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tu\u00ed<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>as e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>resa<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> ig<span class=\"_ _0\"></span>ual <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> sup<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> 75%<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cump<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>i\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>s no<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>go <span class=\"_ _0\"></span>69<span class=\"_ _0\"></span>.\u00ba <span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> do C<span class=\"_ _0\"></span>\u00f3d<span class=\"_ _0\"></span>igo<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> IRC.<span class=\"_ _3b\"></span> As <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> RETG<span class=\"_ _0\"></span>S a<span class=\"_ _0\"></span>pur<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ost<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> o r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>e fos<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>but<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a \u00f3<span class=\"_ _0\"></span>tica <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ual.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>anto<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo d<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s \u00e0 <span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ied<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>omi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> gr<span class=\"_ _0\"></span>upo <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>scal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te a<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>y,<span class=\"_ _0\"></span> S.A<span class=\"_ _0\"></span>. a<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>pur<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o gl<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span> aut<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>iqui<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>. Cas<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>jam<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s g<span class=\"_ _0\"></span>anh<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>s s\u00e3<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>como<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>na soc<span class=\"_ _0\"></span>ied<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>domi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>. No<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>18<span class=\"_ _0\"></span> foi<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>amb\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>itu\u00ed<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>scal<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m E<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>anh<span class=\"_ _0\"></span>a, o<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ual <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>i as<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>\u00eas<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sed<span class=\"_ _0\"></span>iad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>naq<span class=\"_ _0\"></span>uel<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>a\u00ed<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> <span class=\"ls15\">a </span>Bo<span class=\"_ _0\"></span>squ<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Atl<span class=\"_ _0\"></span>\u00e2nt<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>S.L<span class=\"_ _0\"></span>. a <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e do<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>fis<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>. ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForIncomeTaxExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-158-2": {
   "value": "6.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Impo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>erid<span class=\"_ _0\"></span>os </span></span>Movimentos em impostos diferidos Em 1 Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> Em 31 de janeiro<span class=\"_ _0\"></span> Capital de dezem<span class=\"_ _0\"></span>bro de 2022<span class=\"_ _0\"></span> Aumentos<span class=\"_ _0\"></span> Redu\u00e7\u00f5es<span class=\"_ _0\"></span> pr\u00f3prio de 2022<span class=\"_ _0\"></span> Diferen\u00e7as te<span class=\"_ _1\"></span>mpor\u00e1rias que o<span class=\"_ _1\"></span>riginam ativos por impo<span class=\"_ _1\"></span>stos diferidos<span class=\"_ _1\"></span> Provis\u00f5es tributadas<span class=\"_ _1\"></span> 4.<span class=\"ls24\">544</span>.163 9.<span class=\"ls24\">369</span>.827 - - 13<span class=\"ls0\">.</span>913<span class=\"ls0\">.990 </span>Ajustamento de at<span class=\"_ _1\"></span>ivos fixos tang<span class=\"_ _1\"></span>\u00edveis 62<span class=\"ls0\">.</span>470<span class=\"ls0\">.397 </span>-(18.<span class=\"ls24\">702</span>.890)-43<span class=\"ls0\">.</span>767<span class=\"ls0\">.507</span>Instrumentos finance<span class=\"_ _1\"></span>iros<span class=\"_ _1\"></span> 7.<span class=\"ls24\">448</span>.830 - - (7<span class=\"ls0\">.<span class=\"ls24\">448</span>.830)<span class=\"_ _1\"></span> </span>- Mais-valias conta<span class=\"_ _1\"></span>bil\u00edsticas d<span class=\"_ _1\"></span>iferidas (intra<span class=\"_ _1\"></span>grupo)<span class=\"_ _1\"></span> 21<span class=\"ls0\">.</span>090<span class=\"ls0\">.053 </span>5.<span class=\"ls24\">138</span>.400 - - 26<span class=\"ls0\">.</span>228<span class=\"ls0\">.453 </span>Valoriza\u00e7\u00e3o das<span class=\"_ _1\"></span> florestas em cre<span class=\"_ _1\"></span>scimento<span class=\"_ _1\"></span> -14<span class=\"ls0\">.</span>456<span class=\"ls0\">.082</span>- - 14<span class=\"ls0\">.</span>456<span class=\"ls0\">.082 </span>Subs\u00eddios ao in<span class=\"_ _1\"></span>vestimento<span class=\"_ _1\"></span> 203<span class=\"ls0\">.</span>588 -(203.588)- - Remunera\u00e7\u00e3o convenc<span class=\"_ _1\"></span>ional de cap<span class=\"_ _1\"></span>ital<span class=\"_ _1\"></span> 4.<span class=\"ls24\">200</span>.000 -(3<span class=\"ls0\">.<span class=\"ls24\">640</span>.000)</span>-560<span class=\"ls0\">.</span>00099<span class=\"ls0\">.</span>957<span class=\"_ _1\"></span><span class=\"ls0\">.031 </span>28<span class=\"ls0\">.</span>964<span class=\"ls0\">.<span class=\"_ _1\"></span>309 </span>(22.546.47<span class=\"_ _1\"></span>8) (7<span class=\"ls0\">.448.830) </span>98<span class=\"ls0\">.</span>926<span class=\"_ _1\"></span><span class=\"ls0\">.032 </span>Diferen\u00e7as te<span class=\"_ _1\"></span>mpor\u00e1rias que o<span class=\"_ _1\"></span>riginam passivos por i<span class=\"_ _1\"></span>mpostos dife<span class=\"_ _1\"></span>ridos Pens\u00f5es e outros bene<span class=\"_ _1\"></span>f\u00edcios p\u00f3s<span class=\"_ _1\"></span>-emprego (388.758) (213.971) -244<span class=\"ls0\">.</span>246(358.483) Instrumentos finance<span class=\"_ _1\"></span>iros<span class=\"_ _1\"></span> - - - (47.174.485) (47.174.485)<span class=\"_ _1\"></span> Valoriza\u00e7\u00e3o das<span class=\"_ _1\"></span> florestas em <span class=\"_ _1\"></span>crescimento<span class=\"_ _1\"></span> (25.<span class=\"ls24\">294</span>.177) 21<span class=\"ls0\">.</span>570<span class=\"ls0\">.514 </span>(1<span class=\"ls0\">.<span class=\"ls24\">680</span>.081)<span class=\"_ _1\"></span> </span>-(5<span class=\"ls0\">.<span class=\"ls24\">403</span>.744)</span>Ajustamento de at<span class=\"_ _1\"></span>ivos fixos tang<span class=\"_ _1\"></span>\u00edveis (306.<span class=\"ls24\">642</span>.<span class=\"ls24\">712)</span> 5.<span class=\"ls24\">934</span>.899 - - (300.<span class=\"ls24\">707</span>.<span class=\"ls24\">813)</span>Subs\u00eddios ao in<span class=\"_ _1\"></span>vestimento<span class=\"_ _1\"></span> (4<span class=\"ls0\">.<span class=\"ls24\">142</span>.627)<span class=\"_ _1\"></span> </span>213<span class=\"ls0\">.</span>450 -66<span class=\"ls0\">.</span>683(3<span class=\"ls0\">.<span class=\"ls24\">862</span>.494)<span class=\"_ _1\"></span> </span>(336.468.274)<span class=\"_ _1\"></span> 27<span class=\"ls0\">.</span>504<span class=\"ls0\">.<span class=\"_ _1\"></span>892 </span>(1<span class=\"ls0\">.680.081) </span>(46.863.556)<span class=\"_ _1\"></span> (357.507.019)<span class=\"_ _1\"></span> Ativos por imposto<span class=\"_ _1\"></span>s diferidos <span class=\"_ _1\"></span> 27<span class=\"ls0\">.</span>488<span class=\"ls0\">.184 </span>7.<span class=\"ls24\">965</span>.185 (6<span class=\"ls0\">.<span class=\"ls24\">200</span>.281)<span class=\"_ _1\"></span> </span>(2<span class=\"ls0\">.<span class=\"ls24\">048</span>.428)<span class=\"_ _1\"></span> </span>27<span class=\"ls0\">.</span>204<span class=\"ls0\">.659 </span>Incentivos fisca<span class=\"_ _1\"></span>is ao investimento <span class=\"_ _1\"></span>(Nota 3.5)<span class=\"_ _1\"></span> 549<span class=\"ls0\">.</span>224 -(549.224)- - Ativos por impos<span class=\"_ _1\"></span>tos diferidos 28<span class=\"ls0\">.</span>037<span class=\"_ _1\"></span><span class=\"ls0\">.408 </span>7.965.<span class=\"ls2b\">185 </span>(6<span class=\"ls0\">.749.505) </span>(2<span class=\"ls0\">.048.428) </span>27<span class=\"ls0\">.</span>204<span class=\"_ _1\"></span><span class=\"ls0\">.659 </span>Passivos por i<span class=\"_ _1\"></span>mpostos dife<span class=\"_ _1\"></span>ridos (92.528.775)<span class=\"_ _1\"></span> 7.563.<span class=\"ls2b\">845 </span>(462.022) (12.887.478)<span class=\"_ _1\"></span> (98.314.430)<span class=\"_ _1\"></span> Em 1  Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> Em 31 <span class=\"_ _0\"></span> de janeiro<span class=\"_ _0\"></span>  Capital de dezem<span class=\"_ _0\"></span>bro de 2021<span class=\"_ _0\"></span> Aumentos<span class=\"_ _0\"></span> Redu\u00e7\u00f5es<span class=\"_ _0\"></span> pr\u00f3prio de 2021<span class=\"_ _0\"></span> Diferen\u00e7as te<span class=\"_ _1\"></span>mpor\u00e1rias que o<span class=\"_ _1\"></span>riginam ativos por<span class=\"_ _1\"></span> impostos diferi<span class=\"_ _1\"></span>dos Provis\u00f5es tributadas<span class=\"_ _1\"></span> 6.<span class=\"ls24\">974</span>.025 <span class=\"fc4\"> </span>- <span class=\"fc4\"> </span>(2<span class=\"ls0\">.<span class=\"ls24\">429</span>.862)<span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>- <span class=\"fc4\"> </span>4.<span class=\"ls24\">544</span>.163 <span class=\"fc4\"> </span>Ajustamento de at<span class=\"_ _1\"></span>ivos fixos tang<span class=\"_ _1\"></span>\u00edveis 71<span class=\"ls0\">.</span>179<span class=\"ls0\">.011 <span class=\"fc4\"> </span></span>- <span class=\"fc4\"> </span>(8<span class=\"ls0\">.<span class=\"ls24\">708</span>.614)<span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>- <span class=\"fc4\"> </span>62<span class=\"ls0\">.</span>470<span class=\"ls0\">.397 <span class=\"fc4\"> </span></span>Instrumentos finance<span class=\"_ _1\"></span>iros<span class=\"_ _1\"></span> 8.<span class=\"ls24\">879</span>.577 <span class=\"fc4\"> </span>- <span class=\"fc4\"> </span>- <span class=\"fc4\"> </span>(1<span class=\"ls0\">.<span class=\"ls24\">430</span>.747)<span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>7.<span class=\"ls24\">448</span>.830 <span class=\"fc4\"> </span>Mais-valias conta<span class=\"_ _1\"></span>bil\u00edsticas d<span class=\"_ _1\"></span>iferidas (intra<span class=\"_ _1\"></span>grupo)<span class=\"_ _1\"></span> 15<span class=\"ls0\">.</span>145<span class=\"ls0\">.588 <span class=\"fc4\"> </span></span>5.<span class=\"ls24\">944</span>.465 <span class=\"fc4\"> </span>- <span class=\"fc4\"> </span>- <span class=\"fc4\"> </span>21<span class=\"ls0\">.</span>090<span class=\"ls0\">.053 <span class=\"fc4\"> </span></span>Subs\u00eddios ao in<span class=\"_ _1\"></span>vestimento<span class=\"_ _1\"></span> 203<span class=\"ls0\">.</span>588 <span class=\"fc4 ls0\"> </span>- <span class=\"fc4\"> </span>- <span class=\"fc4\"> </span>- <span class=\"fc4\"> </span>203<span class=\"ls0\">.</span>588 <span class=\"fc4 ls0\"> </span>Remunera\u00e7\u00e3o convenc<span class=\"_ _1\"></span>ional de cap<span class=\"_ _1\"></span>ital<span class=\"_ _1\"></span> 7.<span class=\"ls24\">000</span>.000 <span class=\"fc4\"> </span>- <span class=\"fc4\"> </span>(3<span class=\"ls0\">.<span class=\"ls24\">360</span>.000)<span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>560<span class=\"ls0\">.</span>000 <span class=\"fc4 ls0\"> </span>4.<span class=\"ls24\">200</span>.000 <span class=\"fc4\"> </span>109<span class=\"ls0\">.381.7<span class=\"_ _1\"></span>89 <span class=\"fc4\"> </span></span>5.944.<span class=\"ls2b\">465 <span class=\"_ _1\"></span></span><span class=\"fc4\"> </span>(14.498.47<span class=\"_ _1\"></span>6)<span class=\"fc4\"> </span>(870.747)<span class=\"fc4\"> </span>99<span class=\"ls0\">.</span>957<span class=\"_ _1\"></span><span class=\"ls0\">.031 <span class=\"fc4\"> </span></span>Diferen\u00e7as te<span class=\"_ _1\"></span>mpor\u00e1rias que o<span class=\"_ _1\"></span>riginam passivos por impostos dif<span class=\"_ _1\"></span>eridos<span class=\"_ _1\"></span> Pens\u00f5es e outros bene<span class=\"_ _1\"></span>f\u00edcios p\u00f3s<span class=\"_ _1\"></span>-emprego (224.593)<span class=\"fc4\"> </span>649<span class=\"ls0\">.</span>357 <span class=\"fc4 ls0\"> </span>- <span class=\"fc4\"> </span>(813.522)<span class=\"fc4\"> </span>(388.758)<span class=\"fc4\"> </span>Menos-valias<span class=\"_ _1\"></span> contabil\u00edsticas d<span class=\"_ _1\"></span>iferidas (intra<span class=\"_ _1\"></span>grupo)<span class=\"_ _1\"></span> (9<span class=\"ls0\">.<span class=\"ls24\">929</span>.599)<span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>- <span class=\"fc4\"> </span>- <span class=\"ff5 fs0 fc2\"> </span>9.<span class=\"ls24\">929</span>.599 <span class=\"fc4\"> </span>- <span class=\"fc4\"> </span>Valoriza\u00e7\u00e3o das<span class=\"_ _1\"></span> florestas em cresc<span class=\"_ _1\"></span>imento<span class=\"_ _1\"></span> (23.<span class=\"ls24\">121</span>.032)<span class=\"fc4\"> </span>- <span class=\"fc4\"> </span>(2<span class=\"ls0\">.<span class=\"ls24\">173</span>.145)<span class=\"_ _1\"></span><span class=\"ff5 fs0 fc2\"> </span></span>- <span class=\"fc4\"> </span>(25.<span class=\"ls24\">294</span>.177)<span class=\"fc4\"> </span>Ajustamento de at<span class=\"_ _1\"></span>ivos fixos tang<span class=\"_ _1\"></span>\u00edveis (272.<span class=\"ls24\">907</span>.<span class=\"ls24\">547)</span><span class=\"fc4\"> </span>-<span class=\"fc4\"> </span>(33.<span class=\"ls24\">735</span>.165)<span class=\"fc4\"> </span>- <span class=\"fc4\"> </span>(306.<span class=\"ls24\">642</span>.<span class=\"ls24\">712)</span><span class=\"fc4\"> </span>Subs\u00eddios ao <span class=\"_ _1\"></span>investimento<span class=\"_ _1\"></span> (6<span class=\"ls0\">.<span class=\"ls24\">406</span>.374)<span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>489<span class=\"ls0\">.</span>447 <span class=\"fc4 ls0\"> </span>- <span class=\"fc4\"> </span>1.<span class=\"ls24\">774</span>.300 <span class=\"fc4\"> </span>(4<span class=\"ls0\">.<span class=\"ls24\">142</span>.627)<span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>(312.589.145)<span class=\"_ _1\"></span><span class=\"fc4\"> </span>1.138.<span class=\"ls2b\">804 <span class=\"_ _1\"></span></span><span class=\"fc4\"> </span>(35.908.31<span class=\"_ _1\"></span>0)<span class=\"fc4\"> </span>10<span class=\"ls0\">.</span>890<span class=\"ls0\">.<span class=\"_ _1\"></span>377 <span class=\"fc4\"> </span></span>(336.468.274)<span class=\"_ _1\"></span><span class=\"fc4\"> </span>Ativos por imposto<span class=\"_ _1\"></span>s diferidos <span class=\"_ _1\"></span> 30<span class=\"ls0\">.</span>079<span class=\"ls0\">.992 <span class=\"fc4\"> </span></span>1.<span class=\"ls24\">634</span>.728 <span class=\"fc4\"> </span>(3<span class=\"ls0\">.<span class=\"ls24\">987</span>.081)<span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>(239.455)<span class=\"fc4\"> </span>27<span class=\"ls0\">.</span>488<span class=\"ls0\">.184 <span class=\"fc4\"> </span></span>Incentivos fisca<span class=\"_ _1\"></span>is ao invest<span class=\"_ _1\"></span>imento (Nota 3.5)<span class=\"_ _1\"></span> 549<span class=\"ls0\">.</span>224 <span class=\"fc4 ls0\"> </span>- <span class=\"fc4\"> </span>- <span class=\"fc4\"> </span>- <span class=\"fc4\"> </span>549<span class=\"ls0\">.</span>224 <span class=\"fc4 ls0\"> </span>Ativos por impos<span class=\"_ _1\"></span>tos diferidos <span class=\"_ _1\"></span> 30<span class=\"ls0\">.</span>629<span class=\"_ _1\"></span><span class=\"ls0\">.216 <span class=\"fc4\"> </span></span>1.634.<span class=\"ls2b\">728 <span class=\"_ _1\"></span></span><span class=\"fc4\"> </span>(3<span class=\"ls0\">.987.081)<span class=\"fc4\"> </span></span>(239.455)<span class=\"fc4\"> </span>28<span class=\"ls0\">.</span>037<span class=\"_ _1\"></span><span class=\"ls0\">.408 <span class=\"fc4\"> </span></span>Passivos por i<span class=\"_ _1\"></span>mpostos dife<span class=\"_ _1\"></span>ridos  (85.962.015)<span class=\"_ _1\"></span><span class=\"fc4\"> </span>313<span class=\"ls0\">.171 <span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>(9<span class=\"ls0\">.874.785)<span class=\"fc4\"> </span></span>2.994.<span class=\"ls2b\">854 <span class=\"_ _1\"></span></span><span class=\"fc4\"> </span>(92.528.775)<span class=\"_ _1\"></span><span class=\"fc4\"> </span>Na <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ostos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span><span class=\"ls16\">2020<span class=\"ls0\">, fo<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>izad<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa </span></span>de<span class=\"_ _0\"></span> 27<span class=\"_ _0\"></span>,5<span class=\"_ _0\"></span>0%. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDeferredTaxesExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-160-3": {
   "value": "Pol\u00edticas Contabil\u00edsticas O i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>alc<span class=\"_ _0\"></span>ulado<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>onso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a, sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>or\u00e1ri<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntre<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>\u00edsti<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>base<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>trib<span class=\"_ _0\"></span>uta<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>. P<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> impo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>do \u00e9<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa f<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>igo<span class=\"_ _0\"></span>r no<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>eren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vert<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as. S\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _3b\"></span>cidos<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>e q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l se<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span> de q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>er\u00e3o<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> lu<span class=\"_ _0\"></span>cros<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ut\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>utur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> qua<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> pod<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00e3o s<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os.<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>rev<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>dica<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>duz<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eix<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ov\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>s me<span class=\"_ _0\"></span>smo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>sam<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>izad<span class=\"_ _0\"></span>os.<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>stos<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>os s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> ou <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ndim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>per\u00ed<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>o, e<span class=\"_ _0\"></span>xc<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tado<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>pr\u00f3<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>ua\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ost<span class=\"_ _0\"></span>o di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>mb\u00e9<span class=\"_ _0\"></span>m re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>do n<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>ca.<span class=\"_ _0\"></span> Os<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ntiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fis<span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>atri<span class=\"_ _0\"></span>bu\u00ed<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> \u00e2<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> a de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>olve<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> reco<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>idos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ulta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s do <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> na <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>da e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>st\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ma<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ole<span class=\"_ _0\"></span>t\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>esas<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>i\u00e1<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ta a <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>a uti<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o. <span class=\"_ _ac\"> </span> ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDeferredIncomeTaxExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-161-2": {
   "value": "7.1.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>esso<span class=\"_ _0\"></span>al </span></span>Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Remunera\u00e7\u00f5es dos<span class=\"_ _1\"></span> \u00d3rg\u00e3os Socia<span class=\"_ _1\"></span>is - fixas (<span class=\"_ _1\"></span>Nota 7.3) 3.<span class=\"ls24\">352</span>.988  3.<span class=\"ls24\">358</span>.889  Remunera\u00e7\u00f5es dos<span class=\"_ _1\"></span> \u00d3rg\u00e3os Socia<span class=\"_ _1\"></span>is  - vari\u00e1ve<span class=\"_ _1\"></span>is  6.<span class=\"ls24\">780</span>.465  6.<span class=\"ls24\">616</span>.077  Outras remunera\u00e7\u00f5e<span class=\"_ _1\"></span>s 128<span class=\"ls0\">.</span>388<span class=\"ls0\">.853  </span>105<span class=\"ls0\">.</span>452<span class=\"ls0\">.229  </span>Contribui\u00e7\u00f5es par<span class=\"_ _1\"></span>a a Seguran\u00e7a<span class=\"_ _1\"></span> Social<span class=\"_ _1\"></span> 23<span class=\"ls0\">.</span>596<span class=\"ls0\">.088  </span>22<span class=\"ls0\">.</span>186<span class=\"ls0\">.532  </span>Benef\u00edcios de p\u00f3s em<span class=\"_ _1\"></span>prego (Nota <span class=\"_ _1\"></span>7.2.4)<span class=\"_ _1\"></span> 1.<span class=\"ls24\">305</span>.000  1.<span class=\"ls24\">565</span>.032  Outros gastos co<span class=\"_ _1\"></span>m o pessoal 22<span class=\"ls0\">.</span>815<span class=\"ls0\">.841  </span>15<span class=\"ls0\">.</span>837<span class=\"ls0\">.036  </span>Gastos com o pe<span class=\"_ _1\"></span>ssoal 186<span class=\"ls0\">.239.2<span class=\"_ _1\"></span>35  </span>155<span class=\"ls0\">.015.7<span class=\"_ _1\"></span>95  </span>O a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>os c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> o p<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>mpan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>u o<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>om d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pen<span class=\"_ _0\"></span>ho <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>, qu<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>miti<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>\u00e9sci<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a o pag<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>gado<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>ovo <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9mi<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>utiv<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s C<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>abora<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>\u00e7ar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>ama <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eju<span class=\"_ _0\"></span>vene<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o. Os <span class=\"_ _0\"></span>Out<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om p<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>soal<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 3<span class=\"_ _0\"></span>1 de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21 re<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>uin<span class=\"_ _0\"></span>te f<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a: Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Forma\u00e7\u00e3o 1.<span class=\"ls24\">451</span>.447  848<span class=\"ls0\">.</span>438 <span class=\"ls0\"> </span>A\u00e7\u00e3o social 2.<span class=\"ls24\">760</span>.881  2.<span class=\"ls24\">519</span>.264  Seguros  5.<span class=\"ls24\">449</span>.464  5.<span class=\"ls24\">544</span>.604  Indemniza\u00e7\u00f5es<span class=\"_ _1\"></span> 12<span class=\"ls0\">.</span>624<span class=\"ls0\">.106  </span>6.<span class=\"ls24\">464</span>.506  Outros 529<span class=\"ls0\">.</span>943 <span class=\"ls0\"> </span>460<span class=\"ls0\">.</span>224 <span class=\"ls0\"> </span>22<span class=\"ls0\">.</span>815<span class=\"_ _1\"></span><span class=\"ls0\">.841  </span>15<span class=\"ls0\">.</span>837<span class=\"_ _1\"></span><span class=\"ls0\">.036  </span>7.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Bene<span class=\"_ _0\"></span>f\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>ega<span class=\"_ _3b\"></span>dos </span></span>7.2.1.<span class=\"ls0\"> <span class=\"_ _50\"> </span>Introdu\u00e7\u00e3o </span>Alg<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o at<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bue<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span> Col<span class=\"_ _0\"></span>abo<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, qu<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> sob<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>sob<span class=\"_ _0\"></span> a f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ribu<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>fini<span class=\"_ _0\"></span>da,<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> p\u00f3<span class=\"_ _0\"></span>s-r<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a. Os <span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>iad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> atra<span class=\"_ _0\"></span>v\u00e9<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> Fu<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Pe<span class=\"_ _0\"></span>ns\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>cha<span class=\"_ _0\"></span>do,<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>erid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rna<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>us a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> a e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>oras<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>xt<span class=\"_ _0\"></span>ern<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span>  A.<span class=\"_\"> </span>Planos de Pens\u00f5es <span class=\"ffa\">\u2013</span> Benef\u00edcio DefinidoO G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> tem<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e b<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>f\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> p\u00f3s<span class=\"_ _0\"></span>-e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>ego<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Bene<span class=\"_ _0\"></span>f\u00edc<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> Defi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>o par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>duz<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>ola<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>rado<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> opt<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>o P<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> B<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ef\u00edci<span class=\"_ _0\"></span>o Def<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>The<span class=\"_ _0\"></span> Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>ompa<span class=\"_ _0\"></span>ny)<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ou,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>onv<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>seu<span class=\"_ _0\"></span> pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>Pla<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>de Con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ui\u00e7\u00e3<span class=\"_ _0\"></span>o D<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>da,<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>am p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> Cl<span class=\"_ _0\"></span>\u00e1us<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Sa<span class=\"_ _0\"></span>lva<span class=\"_ _0\"></span>gua<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>a (<span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r Br<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>s)<span class=\"_ _0\"></span><span class=\"ls10\">. </span>Na <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e1ti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>l\u00e1<span class=\"_ _0\"></span>usul<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>vagu<span class=\"_ _0\"></span>ard<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>d\u00e1 <span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>p\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>Col<span class=\"_ _0\"></span>abo<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>, \u00e0<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma,<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> pag<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>Pla<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Be<span class=\"_ _0\"></span>nef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>o D<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span>Par<span class=\"_ _0\"></span>a qu<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>tar <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>acio<span class=\"_ _0\"></span>nar<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Cl<span class=\"_ _0\"></span>\u00e1usu<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Sa<span class=\"_ _0\"></span>lva<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>arda<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> de Con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ui\u00e7\u00e3<span class=\"_ _0\"></span>o D<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>da (<span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>1)<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>r\u00e1 <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>iar<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Pl<span class=\"_ _0\"></span>ano <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Ben<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Defi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>o. B.<span class=\"_\"> </span>Planos de Pens\u00f5es <span class=\"ffa\">\u2013</span> Contribui\u00e7\u00e3o DefinidaA 3<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tav<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>gor<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>r\u00eas<span class=\"_ _0\"></span> pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ui\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>Def<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>da,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue abr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>gia<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>3.0<span class=\"_ _0\"></span>97 <span class=\"_ _0\"></span>Col<span class=\"_ _0\"></span>abor<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1:<span class=\"_ _0\"></span> 2.<span class=\"_ _0\"></span>936<span class=\"_ _0\"></span> Col<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ador<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>) (<span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>7.2<span class=\"_ _0\"></span>.3)<span class=\"_ _0\"></span>. 7.2.2.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Plano de ben<span class=\"_ _1\"></span>ef\u00edcio definido<span class=\"_ _1\"></span> </span>Pol\u00edtica de gest<span class=\"_ _1\"></span>\u00e3o do risco associad<span class=\"_ _1\"></span>o a planos<span class=\"_ _1\"></span> de benef\u00edcio defi<span class=\"_ _1\"></span>nido<span class=\"_ _1\"></span> A exposi\u00e7\u00e3o do Grupo ao ris<span class=\"_ _0\"></span>co encontra-se limitada ao n\u00fame<span class=\"_ _0\"></span>ro de benefici\u00e1rios j\u00e1 exi<span class=\"_ _0\"></span>stentes e ter\u00e1 tend\u00eancia a diminuir, uma vez que<span class=\"_ _0\"></span> n\u00e3o existem no Grupo planos de be<span class=\"_ _0\"></span>nef\u00edcio definido abertos \u00e0 ades\u00e3o de<span class=\"_ _0\"></span> novos empregados. Os riscos mais significativos a que o Gr<span class=\"_ _0\"></span>upo se encontra exp<span class=\"_ _0\"></span>osto atrav\u00e9s dos planos de bene<span class=\"_ _0\"></span>f\u00edcio definido incluem: i)<span class=\"_\"> </span>Risco de alter<span class=\"_ _0\"></span>a\u00e7\u00e3o da longevidade dos participantesii)<span class=\"_\"> </span>Risco de varia\u00e7\u00e3o das taxas de me<span class=\"_ _0\"></span>rcado <span class=\"ff9\">\u2013</span> a varia\u00e7\u00e3o de taxas impact<span class=\"_ _0\"></span>a a taxa utilizada para descontar asresponsabilidades (<span class=\"_ _0\"></span>taxa de juro t\u00e9cnica) que se baseia em curvas de re<span class=\"_ _0\"></span>ntabilidade (yield) de obriga\u00e7\u00f5e<span class=\"_ _0\"></span>s com nota\u00e7\u00e3o rating elevado e<span class=\"_ _0\"></span> com maturidades semelhantes<span class=\"_ _0\"></span> \u00e0s datas de termo das re<span class=\"_ _0\"></span>sponsabilidades e a taxa fixa de rendimento dos ativos. O Grup<span class=\"_ _0\"></span>o utiliza curvas de mercado, de for<span class=\"_ _0\"></span>ma a acompanhar a evolu\u00e7\u00e3o das t<span class=\"_ _0\"></span>axas e procede a an\u00e1lises de se<span class=\"_ _0\"></span>nsibilidade a varia\u00e7\u00f5es de taxa de j<span class=\"_ _0\"></span>uro com o objetivo d<span class=\"_ _0\"></span>e antecipar e acautelar o consequente impacto no n\u00edv<span class=\"_ _0\"></span>el de financiamento do fundo. iii)<span class=\"_\"> </span>Risco de altera\u00e7\u00e3o da tax<span class=\"_ _0\"></span>a de crescimento salarial e de<span class=\"_ _0\"></span> pens\u00f5esiv<span class=\"ls0\">)<span class=\"_\"> </span>Rentabilidade dos ativos financeiros d<span class=\"_ _0\"></span>o fundo - o Grupo monitoriza de<span class=\"_ _0\"></span> forma muito pr\u00f3xima a evolu\u00e7\u00e3o dos</span>ativos do fundo, bem como <span class=\"_ _0\"></span>a evolu\u00e7\u00e3o dos principais indi<span class=\"_ _0\"></span>cadores de mercados financeir<span class=\"_ _0\"></span>os, revisitando a pol\u00edtica de investimento aprovada para a gest<span class=\"_ _0\"></span>\u00e3o dos ativos sempre<span class=\"_ _0\"></span> que se justifique, e pelo menos de tr<span class=\"_ _0\"></span>\u00eas em tr\u00eas anos. A pol\u00edtica de investime<span class=\"_ _0\"></span>nto est\u00e1 alinhada com uma vis\u00e3o conser<span class=\"_ _0\"></span>vadora na gest\u00e3o dos<span class=\"_ _0\"></span> ativos e definida tendo por<span class=\"_ _0\"></span> base as responsabilidades a financiar p<span class=\"_ _0\"></span>elo fundo. O Grupo tem por obj<span class=\"_ _0\"></span>etivo manter um n\u00edvel de cobertur<span class=\"_ _0\"></span>a das responsabilidades de 90% acautelando <span class=\"_ _0\"></span>assim os riscos enunciados. Responsabilid<span class=\"_ _1\"></span>ades L\u00edquida<span class=\"_ _1\"></span>s As <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> l\u00ed<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ncei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>olid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>o n\u00fam<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>nefi<span class=\"_ _0\"></span>ci\u00e1<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>do e<span class=\"_ _0\"></span>m v<span class=\"_ _0\"></span>igo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>ham-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: 31/12/22<span class=\"_ _1\"></span> 31/12/21 N.\u00ba Benef.<span class=\"_ _0\"></span> Valor N.\u00ba Benef.<span class=\"_ _0\"></span> Valor Responsabilidade<span class=\"_ _1\"></span>s por servi\u00e7os pa<span class=\"_ _1\"></span>ssados<span class=\"_ _1\"></span>    Ativos, inclu<span class=\"_ _1\"></span>indo contas ind<span class=\"_ _1\"></span>ividuais<span class=\"_ _1\"></span> 367 <span class=\"ls0\"> </span>49<span class=\"ls0\">.</span>465<span class=\"ls0\">.578  </span>408 <span class=\"ls0\"> </span>71<span class=\"ls0\">.</span>291<span class=\"ls0\">.405  </span>   <span class=\"ls7d\">Ex</span>-participantes<span class=\"_ _1\"></span> 140 <span class=\"ls0\"> </span>22<span class=\"ls0\">.</span>728<span class=\"ls0\">.925  </span>126 <span class=\"ls0\"> </span>26<span class=\"ls0\">.</span>059<span class=\"ls0\">.672  </span>   Aposentados 590 <span class=\"ls0\"> </span>85<span class=\"ls0\">.</span>075<span class=\"ls0\">.143  </span>567 <span class=\"ls0\"> </span>93<span class=\"ls0\">.</span>651<span class=\"ls0\">.512  </span>Valor de mercado <span class=\"_ _1\"></span>dos fundos<span class=\"_ _1\"></span> (154.<span class=\"ls24\">433</span>.<span class=\"ls24\">916)</span> (185.<span class=\"ls24\">327</span>.<span class=\"ls24\">671)</span> Total responsab<span class=\"_ _1\"></span>ilidades l\u00edquid<span class=\"_ _1\"></span>as 1.097  2.835.<span class=\"ls2b\">730 <span class=\"_ _1\"></span></span> 1.101  5.674.<span class=\"ls2b\">918 <span class=\"_ _1\"></span></span> Informa\u00e7\u00e3o hist\u00f3rica <span class=\"ffa\">\u2013</span> \u00daltimos cinco anos  Valores em Euros<span class=\"_ _1\"></span> 2018<span class=\"ls0\"> </span>2019<span class=\"ls0\"> </span>2020<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>2022<span class=\"ls0\"> </span>Valor presente das <span class=\"_ _1\"></span>obriga\u00e7\u00f5es <span class=\"_ _1\"></span> 154.456.240 <span class=\"_ _1\"></span> 179.880.752 <span class=\"_ _1\"></span> 191.253.527 <span class=\"_ _1\"></span> 191.002.589 <span class=\"_ _1\"></span> 157.269.646 <span class=\"_ _1\"></span> Justo valor dos at<span class=\"_ _1\"></span>ivos e conta Res<span class=\"_ _1\"></span>erva 147.131.961 <span class=\"_ _1\"></span> 173.292.676 <span class=\"_ _1\"></span> 178.691.062 <span class=\"_ _1\"></span> 185.327.671 <span class=\"_ _1\"></span> 154.433.916 <span class=\"_ _1\"></span> Excedente / (d<span class=\"_ _1\"></span>\u00e9fice) (7.324.279)<span class=\"_ _1\"></span> (6.588.076)<span class=\"_ _1\"></span> (12.562.465)<span class=\"_ _1\"></span> (5.674.918)<span class=\"_ _1\"></span> (2.835.730)<span class=\"_ _1\"></span> Evolu\u00e7\u00e3o das responsabilidades com planos de benef\u00edcio definido  2022<span class=\"ls0\"> </span>Custo servi\u00e7os Custo  Desvios Pagamentos Saldo inici<span class=\"_ _0\"></span>al correntes dos juros atuariais efetuados Saldo final Valores em Euros<span class=\"_ _1\"></span> Pens\u00f5es com fundo<span class=\"_ _1\"></span> aut\u00f3nomo<span class=\"_ _1\"></span> 191<span class=\"ls0\">.</span>002<span class=\"ls0\">.589  </span>26<span class=\"ls0\">.</span>336 <span class=\"ls0\"> </span>2.<span class=\"ls24\">349</span>.180  (29.<span class=\"ls24\">869</span>.349) (6<span class=\"ls0\">.<span class=\"ls24\">239</span>.110)<span class=\"_ _1\"></span> </span>157<span class=\"ls0\">.</span>269<span class=\"ls0\">.646  </span>191<span class=\"ls0\">.002.5<span class=\"_ _1\"></span>89  </span>26<span class=\"ls0\">.</span>336 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>2.349.<span class=\"ls2b\">180 <span class=\"_ _1\"></span></span> (29.869.34<span class=\"_ _1\"></span>9) (6<span class=\"ls0\">.239.110) </span>157<span class=\"ls0\">.269.6<span class=\"_ _1\"></span>46  </span>2021<span class=\"ls0\"> </span>Custo servi\u00e7os Custo  Desvios Pagamentos Saldo inici<span class=\"_ _0\"></span>al correntes dos juros atuariais efetuados Saldo final Valores em Euros<span class=\"_ _1\"></span> Pens\u00f5es com fundo<span class=\"_ _1\"></span> aut\u00f3nomo<span class=\"_ _1\"></span> 191<span class=\"ls0\">.</span>253<span class=\"ls0\">.527  </span>44<span class=\"ls0\">.</span>883 <span class=\"ls0\"> </span>2.<span class=\"ls24\">353</span>.176  3.<span class=\"ls24\">350</span>.242  (5<span class=\"ls0\">.<span class=\"ls24\">999</span>.239)<span class=\"_ _1\"></span> </span>191<span class=\"ls0\">.</span>002<span class=\"ls0\">.589  </span>191<span class=\"ls0\">.253.5<span class=\"_ _1\"></span>27  </span>44<span class=\"ls0\">.</span>883 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>2.353.<span class=\"ls2b\">176 <span class=\"_ _1\"></span></span> 3.350.<span class=\"ls2b\">242 <span class=\"_ _1\"></span></span> (5<span class=\"ls0\">.999.239) </span>191<span class=\"ls0\">.002.5<span class=\"_ _1\"></span>89  </span>A d<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>\u00e9d<span class=\"_ _0\"></span>ia e<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>f\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>fini<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>13<span class=\"_ _0\"></span>,4 <span class=\"_ _0\"></span>anos<span class=\"_ _0\"></span> <span class=\"lsd\">(202</span>1<span class=\"lsd\">: </span>15<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>os)<span class=\"_ _0\"></span>. Fundos Fundos afetos aos planos de pens\u00f5es de benef\u00edcio definido<span class=\"_ _0\"></span> <span class=\"_ _1\"></span><span class=\"ffa\">\u2013</span> Evolu\u00e7\u00e3o Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Valor no in\u00edcio<span class=\"_ _1\"></span> 185<span class=\"ls0\">.327.6<span class=\"_ _1\"></span>71 </span>178<span class=\"ls0\">.691.0<span class=\"_ _1\"></span>62 </span>Dota\u00e7\u00e3o efetuada<span class=\"_ _1\"></span> - 5.<span class=\"ls24\">318</span>.407 Rendimento esperad<span class=\"_ _1\"></span>o no exerc\u00edcio<span class=\"_ _1\"></span> 2.<span class=\"ls24\">277</span>.915 2.<span class=\"ls24\">195</span>.584 Remensura\u00e7\u00e3o <span class=\"_ _1\"></span> (26.<span class=\"ls24\">932</span>.571) 5.<span class=\"ls24\">275</span>.230 Pens\u00f5es pagas (6<span class=\"ls0\">.<span class=\"ls24\">239</span>.099)<span class=\"_ _1\"></span> </span>(5<span class=\"ls0\">.<span class=\"ls24\">999</span>.229)<span class=\"_ _1\"></span> </span>Outras  (153.383) Valor no fim do pe<span class=\"_ _1\"></span>r\u00edodo 154<span class=\"ls0\">.433.9<span class=\"_ _1\"></span>16 </span>185<span class=\"ls0\">.327.6<span class=\"_ _1\"></span>71 </span>No<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span><span class=\"ls16\">21<span class=\"ls0\">, a<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>ontr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ui\u00e7<span class=\"_ _0\"></span>\u00f5es <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pla<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>do </span></span>apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo d<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>gra<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eal<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>las<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>as do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>ficad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>trib<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>\u00e7\u00f5es <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s pa<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>smo<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> pes<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a ex<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ta e<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>acu<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>.  Os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>fund<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns\u00f5e<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>nef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>def<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>do e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>b a<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a AGE<span class=\"_ _0\"></span>AS <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> P<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>Sch<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs,<span class=\"_ _0\"></span> San<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>AM <span class=\"_ _0\"></span>e J<span class=\"_ _0\"></span>uli<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span> Ba<span class=\"_ _0\"></span>er, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nfo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>alhe<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>segu<span class=\"_ _0\"></span>e: </span></span>Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Benef\u00edcio Definido<span class=\"_ _1\"></span> e Conta<span class=\"_ _1\"></span> 1: AGEAS <span class=\"ff9\">\u2013</span> Pens\u00f5es<span class=\"_ _1\"></span> 105<span class=\"ls0\">.</span>079 3.<span class=\"ls24\">938</span>.660 Schroders 62<span class=\"ls0\">.</span>325<span class=\"ls0\">.236 </span>70<span class=\"ls0\">.</span>993<span class=\"ls0\">.049 </span>Santander AM 62<span class=\"ls0\">.</span>244<span class=\"ls0\">.783 </span>72<span class=\"ls0\">.</span>705<span class=\"ls0\">.468 </span>Conta 1 - Ju<span class=\"_ _1\"></span>lius Baer 29<span class=\"ls0\">.</span>758<span class=\"ls0\">.819 </span>37<span class=\"ls0\">.</span>690<span class=\"ls0\">.494 </span>Total Benef\u00edcio De<span class=\"_ _1\"></span>finido e Con<span class=\"_ _1\"></span>ta 1 154<span class=\"ls0\">.433.9<span class=\"_ _1\"></span>16 </span>185<span class=\"ls0\">.327.6<span class=\"_ _1\"></span>71 </span>Fundos afetos a planos de benef\u00edcios definidos - Composi\u00e7\u00e3o do patrim\u00f3nio Valores em Euros<span class=\"_ _1\"></span> 31/12/22  <span class=\"ls9d\">% </span><span class=\"fce sc0\"> </span>31/12/21  <span class=\"ls9d\">% </span>T\u00edtulos cotados e<span class=\"_ _1\"></span>m mercado at<span class=\"_ _1\"></span>ivo Obriga\u00e7\u00f5es<span class=\"_ _1\"></span> 94<span class=\"ls0\">.</span>778<span class=\"ls0\">.925 </span>61,37% 112<span class=\"ls0\">.</span>303<span class=\"ls0\">.157 </span>60,60% A\u00e7\u00f5es 40<span class=\"ls0\">.</span>402<span class=\"ls0\">.326 </span>26,16% 50<span class=\"ls0\">.</span>274<span class=\"ls0\">.545 </span>27,13% D\u00edvida p\u00fablica<span class=\"_ _1\"></span> 17<span class=\"ls0\">.</span>282<span class=\"ls0\">.244 </span>11,19% 14<span class=\"ls0\">.</span>558<span class=\"ls0\">.914 </span>7,86% Liquidez<span class=\"_ _1\"></span> 1.<span class=\"ls24\">865</span>.342 1,21% 4.<span class=\"ls24\">252</span>.394 2,29% Imobili\u00e1rio - 0,00% - 0,00% Outras aplica\u00e7\u00f5es<span class=\"_ _1\"></span> - curto prazo<span class=\"_ _1\"></span> 105<span class=\"ls0\">.</span>079 0,07% 3.<span class=\"ls24\">938</span>.660 2,13% 154<span class=\"ls0\">.433.9<span class=\"_ _1\"></span>16 </span>100,00%<span class=\"_ _1\"></span> 185<span class=\"ls0\">.327.6<span class=\"_ _1\"></span>71 </span>100,00%<span class=\"_ _1\"></span> Os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns\u00f5e<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>clue<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>sq<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o. 7.2.3.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Plano <span class=\"_ _1\"></span>de contribui\u00e7<span class=\"_ _1\"></span>\u00e3o definida<span class=\"_ _1\"></span> </span>A 3<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>20<span class=\"ls16\">20</span> <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tav<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> doi<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ui\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>defi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> Col<span class=\"_ _0\"></span>abo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>fund<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns\u00f5e<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nida<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o so<span class=\"_ _0\"></span>b <span class=\"_ _0\"></span>a ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>AGE<span class=\"_ _0\"></span>AS P<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>lhe<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>segue<span class=\"_ _0\"></span>: N\u00ba Rendibi<span class=\"_ _0\"></span>lidade N\u00ba Rendibi<span class=\"_ _0\"></span>lidade Valores em Euros<span class=\"_ _1\"></span> Benefici\u00e1r<span class=\"_ _0\"></span>ios<span class=\"ff6 fc2\"> </span>% 2022<span class=\"ls0\"> </span>Benefici\u00e1r<span class=\"_ _0\"></span>ios % 2021<span class=\"ls0\"> </span>Contribui\u00e7\u00e3o Definida (<span class=\"ff18\">Ageas Pens\u00f5es</span>):Subfundo Defens<span class=\"_ _1\"></span>ivo 112(12,79%) 6.<span class=\"ls24\">804</span>.787 110 2,92% 7.<span class=\"ls24\">995</span>.969 Subfundo Conserva<span class=\"_ _1\"></span>dor 370 (13,41%) 14<span class=\"ls0\">.</span>513<span class=\"ls0\">.526 </span>374 5,89% 19<span class=\"ls0\">.</span>301<span class=\"ls0\">.087 </span>Subfundo Din\u00e2mi<span class=\"_ _1\"></span>co 716 (13,40%) 14<span class=\"ls0\">.</span>840<span class=\"ls0\">.248 </span>696 10,46% 17<span class=\"ls0\">.</span>234<span class=\"ls0\">.845 </span>Subfundo Agressivo<span class=\"_ _1\"></span> 1.<span class=\"ls24\">899 </span>(14,56%) 5.<span class=\"ls24\">541</span>.395 1.<span class=\"ls24\">756 </span>16,04% 6.<span class=\"ls24\">462</span>.291 Total Contribui\u00e7\u00e3o <span class=\"_ _1\"></span>Definida<span class=\"_ _1\"></span> 3.<span class=\"ls24\">097 </span>41<span class=\"ls0\">.</span>699<span class=\"ls0\">.<span class=\"_ _1\"></span>956 </span>2.<span class=\"ls24\">936 </span>50<span class=\"ls0\">.</span>994<span class=\"_ _1\"></span><span class=\"ls0\">.193 </span>*<span class=\"_ _40\"> </span>dos <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>is 28<span class=\"_ _0\"></span>4 s\u00e3<span class=\"_ _3b\"></span>o ex-Co<span class=\"_ _0\"></span>labo<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>ores7.2.4.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Gastos supo<span class=\"_ _1\"></span>rtados com pl<span class=\"_ _1\"></span>anos de benef<span class=\"_ _1\"></span>\u00edcios p\u00f3s<span class=\"_ _1\"></span>-emprego<span class=\"_ _1\"></span> </span>O e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ulta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s em<span class=\"_ _0\"></span> <span class=\"ls16\">31</span> <span class=\"lsd\">de </span>de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span><span class=\"ls16\">21<span class=\"ls0\"> de<span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s </span></span>do<span class=\"_ _0\"></span>s pl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>m-s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Contribui\u00e7\u00e3o Impacto no Contribui\u00e7\u00e3o Impacto no Custo definida -<span class=\"ls9e\">  </span>resultado Custo definida -<span class=\"ls9e\">  </span>resultado servi\u00e7os Juro Contribui\u00e7\u00f5es l\u00edquido servi\u00e7os Juro Contribui\u00e7\u00f5es l\u00edquido Valores em Euros<span class=\"_ _1\"></span> correntes l\u00edquido do per\u00edodo (Nota 7.1) correntes l\u00edquido do per\u00edodo (Nota 7.1) Pens\u00f5es com fundo<span class=\"_ _1\"></span> aut\u00f3nomo<span class=\"_ _1\"></span> 26<span class=\"ls0\">.</span>336 71<span class=\"ls0\">.</span>265 -97<span class=\"ls0\">.</span>60144<span class=\"ls0\">.</span>883 157<span class=\"ls0\">.</span>591 -202<span class=\"ls0\">.</span>474Planos de contr<span class=\"_ _1\"></span>ibui\u00e7\u00e3o defin<span class=\"_ _1\"></span>ida - - 1.<span class=\"ls24\">207</span>.399 1.<span class=\"ls24\">207</span>.399 - - 1.<span class=\"ls24\">362</span>.558 1.<span class=\"ls24\">362</span>.55826<span class=\"ls0\">.</span>336 71<span class=\"ls0\">.</span>265 1.207.<span class=\"ls2b\">399 </span>1.305.<span class=\"ls2b\">000 </span>44<span class=\"ls0\">.</span>883 157<span class=\"ls0\">.591 </span>1.362.<span class=\"ls2b\">558 </span>1.565.<span class=\"ls2b\">032</span>7.2.5.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Remensu<span class=\"_ _1\"></span>ra\u00e7\u00f5es reco<span class=\"_ _1\"></span>nhecidas diret<span class=\"_ _1\"></span>amente em outros<span class=\"_ _1\"></span> </span>rendimentos integ<span class=\"_ _1\"></span>rais Impacto 2022<span class=\"ls0\"> </span>Remensura\u00e7\u00f5es Retorno nos Pressupostos Pressupostos Pressupostos sobre ativos Imposto Capitais Valores em Euros<span class=\"_ _1\"></span> demogr\u00e1ficos financeiros<span class=\"ff1\"> </span>de experi\u00eancia<span class=\"ff1\"> </span>dos planos<span class=\"ff1\"> </span>Valor bruto<span class=\"ff1\"> </span>diferido<span class=\"ff1\"> </span>pr\u00f3prios<span class=\"ff1\"> </span>Pens\u00f5es com fundo<span class=\"_ _1\"></span> aut\u00f3nomo -(35.<span class=\"ls24\">726</span>.332)6.<span class=\"ls24\">059</span>.525 32<span class=\"ls0\">.</span>603<span class=\"ls0\">.596 </span>2.<span class=\"ls24\">936</span>.789 67<span class=\"ls0\">.</span>168 3.<span class=\"ls24\">003</span>.957 -(35.726.332)6.059.<span class=\"ls2b\">525 </span>32<span class=\"ls0\">.</span>603<span class=\"ls0\">.<span class=\"_ _1\"></span>596 </span>2.936.<span class=\"ls2b\">789 </span>67<span class=\"ls0\">.</span>168 3.003.<span class=\"ls2b\">957 </span>Impacto 202<span class=\"ls0\">1 </span>Remensura\u00e7\u00f5es Retorno nos Pressupostos Pressupostos Pressupostos sobre ativos Imposto Capitais Valores em Euros<span class=\"_ _1\"></span> demogr\u00e1ficos financeiros de experi\u00eancia dos planos Valor bruto diferido pr\u00f3prios Pens\u00f5es com fundo<span class=\"_ _1\"></span> aut\u00f3nomo - - - - 1.<span class=\"ls24\">924</span>.988 (223.719)<span class=\"fc4\"> </span>1.<span class=\"ls24\">701</span>.269 - - - - 1.924.<span class=\"ls2b\">988 </span>(223.719)<span class=\"fc4\"> </span>1.701.<span class=\"ls2b\">269 </span>As <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sult<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> exp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>i\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> ter<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>\u00e1fi<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>. Estimativas e julgamentos Pr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os a<span class=\"_ _3b\"></span>tuari<span class=\"_ _0\"></span>ais 31/12/22 31/12/21 F\u00f3rmula de Bene<span class=\"_ _1\"></span>f\u00edcios da Seguran<span class=\"_ _1\"></span>\u00e7a Social<span class=\"_ _1\"></span> Decreto-Le<span class=\"_ _1\"></span>i n\u00ba 187/2007 de 10<span class=\"_ _1\"></span> de maio <span class=\"_ _1\"></span> Tabelas de <span class=\"_ _1\"></span>invalidez   EKV 80  EKV 80  Tabelas de morta<span class=\"_ _1\"></span>lidade TV 88/90 TV 88/90 Taxa de desconto<span class=\"_ _1\"></span> 3,50% 1,25% Taxa de crescimento<span class=\"_ _1\"></span> salarial<span class=\"_ _1\"></span> 2,00% 1,00% Taxa de remunera\u00e7\u00e3o<span class=\"_ _1\"></span> dos ativos d<span class=\"_ _1\"></span>os planos<span class=\"_ _1\"></span> 3,50% 1,25% Taxa de crescimento<span class=\"_ _1\"></span> das pens\u00f5es<span class=\"_ _1\"></span> 1,5% ou 2,00%<span class=\"_ _1\"></span> 1,00% An\u00e1<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de Valores em Euros<span class=\"_ _1\"></span> 31/12/22 Redu\u00e7\u00e3o de 0,<span class=\"_ _1\"></span>5% na taxa de d<span class=\"_ _1\"></span>esconto<span class=\"_ _1\"></span> Acr\u00e9scimo das respon<span class=\"_ _1\"></span>sabilidades<span class=\"_ _1\"></span> assumidas<span class=\"_ _1\"></span> 10<span class=\"ls0\">.</span>585<span class=\"ls0\">.975  </span>Aumento de 0,5% <span class=\"_ _1\"></span>na taxa de d<span class=\"_ _1\"></span>esconto<span class=\"_ _1\"></span> Redu\u00e7\u00e3o das responsa<span class=\"_ _1\"></span>bilidades a<span class=\"_ _1\"></span>ssumidas<span class=\"_ _1\"></span> (9<span class=\"ls0\">.<span class=\"ls24\">619</span>.544)<span class=\"_ _1\"></span> </span>Redu\u00e7\u00e3o de 0,<span class=\"_ _1\"></span>5% na taxa de cr<span class=\"_ _1\"></span>escimento salaria<span class=\"_ _1\"></span>l<span class=\"_ _1\"></span> Redu\u00e7\u00e3o das res<span class=\"_ _1\"></span>ponsabilidade<span class=\"_ _1\"></span>s assumidas<span class=\"_ _1\"></span> (2<span class=\"ls0\">.<span class=\"ls24\">067</span>.884)<span class=\"_ _1\"></span> </span>Aumento de 0,5% <span class=\"_ _1\"></span>na taxa de c<span class=\"_ _1\"></span>rescimento <span class=\"_ _1\"></span>salarial<span class=\"_ _1\"></span> Acr\u00e9scimo das respon<span class=\"_ _1\"></span>sabilidades<span class=\"_ _1\"></span> assumidas<span class=\"_ _1\"></span> 2.<span class=\"ls24\">174</span>.018  Redu\u00e7\u00e3o de 0,<span class=\"_ _1\"></span>5% na taxa de cr<span class=\"_ _1\"></span>escimento da<span class=\"_ _1\"></span>s pens\u00f5es<span class=\"_ _1\"></span> Redu\u00e7\u00e3o das responsa<span class=\"_ _1\"></span>bilidades a<span class=\"_ _1\"></span>ssumidas<span class=\"_ _1\"></span> (7<span class=\"ls0\">.<span class=\"ls24\">796</span>.773)<span class=\"_ _1\"></span> </span>Aumento de 0,5% <span class=\"_ _1\"></span>na taxa de c<span class=\"_ _1\"></span>rescimento da<span class=\"_ _1\"></span>s pens\u00f5es<span class=\"_ _1\"></span> Acr\u00e9scimo das respon<span class=\"_ _1\"></span>sabilidades<span class=\"_ _1\"></span> assumidas<span class=\"_ _1\"></span> 7.<span class=\"ls24\">963</span>.146  Valores em Euros<span class=\"_ _1\"></span> 31/12/21 Redu\u00e7\u00e3o de 0,<span class=\"_ _1\"></span>25% na taxa de <span class=\"_ _1\"></span>desconto<span class=\"_ _1\"></span> Acr\u00e9scimo das respon<span class=\"_ _1\"></span>sabilidades<span class=\"_ _1\"></span> assumidas<span class=\"_ _1\"></span> 7.<span class=\"ls24\">293</span>.802  Aumento de 0,25<span class=\"_ _1\"></span>% na taxa <span class=\"_ _1\"></span>de descon<span class=\"_ _1\"></span>to Redu\u00e7\u00e3o das responsa<span class=\"_ _1\"></span>bilidades a<span class=\"_ _1\"></span>ssumidas<span class=\"_ _1\"></span> (6<span class=\"ls0\">.<span class=\"ls24\">901</span>.576)<span class=\"_ _1\"></span> </span>Redu\u00e7\u00e3o de 0,<span class=\"_ _1\"></span>25% na taxa de <span class=\"_ _1\"></span>crescimen<span class=\"_ _1\"></span>to salarial<span class=\"_ _1\"></span> Redu\u00e7\u00e3o das responsa<span class=\"_ _1\"></span>bilidades a<span class=\"_ _1\"></span>ssumidas<span class=\"_ _1\"></span> (1<span class=\"ls0\">.<span class=\"ls24\">643</span>.123)<span class=\"_ _1\"></span> </span>Aumento de 0,25<span class=\"_ _1\"></span>% na taxa de<span class=\"_ _1\"></span> crescimento salaria<span class=\"_ _1\"></span>l<span class=\"_ _1\"></span> Acr\u00e9scimo das respon<span class=\"_ _1\"></span>sabilidades<span class=\"_ _1\"></span> assumi<span class=\"_ _1\"></span>das 1.<span class=\"ls24\">687</span>.898  Redu\u00e7\u00e3o de 0,<span class=\"_ _1\"></span>25% na taxa de <span class=\"_ _1\"></span>crescimen<span class=\"_ _1\"></span>to das pens\u00f5es<span class=\"_ _1\"></span> Redu\u00e7\u00e3o das responsa<span class=\"_ _1\"></span>bilidades a<span class=\"_ _1\"></span>ssumidas<span class=\"_ _1\"></span> (5<span class=\"ls0\">.<span class=\"ls24\">167</span>.727)<span class=\"_ _1\"></span> </span>Aumento de 0,25<span class=\"_ _1\"></span>% na taxa de<span class=\"_ _1\"></span> crescimento da<span class=\"_ _1\"></span>s pens\u00f5es<span class=\"_ _1\"></span> Acr\u00e9scimo das respon<span class=\"_ _1\"></span>sabilidades<span class=\"_ _1\"></span> assumidas<span class=\"_ _1\"></span> 5.<span class=\"ls24\">375</span>.162  ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEmployeeBenefitsExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-162-2": {
   "value": "N\u00famero de empregados por segmento no final do p<span class=\"_ _0\"></span>er\u00edodo<span class=\"_ _1\"></span> 31/12/22 31/12/21  Var. 22/21 <span class=\"_ _1\"></span><span class=\"fce sc0\"> </span>Pasta para Merca<span class=\"_ _1\"></span>do 262 <span class=\"ls0\"> </span>254 <span class=\"ls0\"> </span>8 <span class=\"ls0\"> </span>UWF 1.<span class=\"ls24\">801 </span> 1.<span class=\"ls24\">778 </span> 23 <span class=\"ls0\"> </span>Tissue 410 <span class=\"ls0\"> </span>383 <span class=\"ls0\"> </span>27 <span class=\"ls0\"> </span>Outros 773 <span class=\"ls0\"> </span>735 <span class=\"ls0\"> </span>38 <span class=\"ls0\"> </span>3.246  3.150  96 <span class=\"ls0\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInformationAboutEmployeesExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-164-3": {
   "value": "Pol\u00edticas Contabil\u00edsticas Be<span class=\"_ _0\"></span>nef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>rega<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>urt<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>praz<span class=\"_ _0\"></span>o Dir<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> <span class=\"_ _0\"></span>f\u00e9r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> e s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>\u00eddi<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>f\u00e9r<span class=\"_ _0\"></span>ias </span></span>De <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>n\u00e7\u00e3<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>c\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>\u00e0 T<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>any<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xt<span class=\"_ _0\"></span>ens\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oto<span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cele<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>s Or<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>niz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es <span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> Tr<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>alh<span class=\"_ _0\"></span>ador<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span><span class=\"ls15\">as<span class=\"ls0\"> em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o </span></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>\u00eam <span class=\"_ _0\"></span>dir<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> 25<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>as \u00fa<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> f\u00e9r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>bem<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> a u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>m\u00eas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>\u00eddio<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>f\u00e9ri<span class=\"_ _0\"></span>as. Pr<span class=\"_ _0\"></span>\u00e9mi<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>dut<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e No<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>tui<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>Pr\u00e9<span class=\"_ _0\"></span>mio<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vidad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>hab<span class=\"_ _0\"></span>itua<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>grati<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o aos<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>bor<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>Es<span class=\"_ _0\"></span>te p<span class=\"_ _0\"></span>r\u00e9mi<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ve <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ar a<span class=\"_ _0\"></span> or<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>niz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o da<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utivi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> e r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ntab<span class=\"_ _0\"></span>ilid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>r\u00edti<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt\u00ed<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o no <span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>eg\u00f3<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>as l<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> sus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>da.<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>modo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>o Pr<span class=\"_ _0\"></span>\u00e9m<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>tivi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>abel<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ce o<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>is d<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o em<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>mar<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>ig\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pon<span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ifer<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> n\u00ed<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>is d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pen<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>er\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span>une<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>al b<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e. Gr<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es De <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>stem<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>enh<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>ige<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ode<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>vir <span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> cas<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cum<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>jet<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>dir<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span> nor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>dqui<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>game<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o. Est<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>per\u00ed<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>preg<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>quir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> o re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>apar<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>epe<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>u p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> o s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>dar<span class=\"_ _0\"></span> \u00e0<span class=\"_ _0\"></span> dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a P<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st\u00e1<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ubri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Va<span class=\"_ _0\"></span>lore<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>. Ben<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ego Os <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>f\u00edc<span class=\"_ _0\"></span>ios <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>heci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po d<span class=\"_ _0\"></span>eix<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ode<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span>r a o<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os b<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ef\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>s;<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> na <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e os<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o \u00e2mb<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>vis\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>nef\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> mai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 12 <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>\u00f3s<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>final<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>onta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>.<span class=\"ff3\"> </span>Pol\u00edticas Contabil\u00edsticas Be<span class=\"_ _0\"></span>nef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> p\u00f3<span class=\"_ _0\"></span>s-e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>rego<span class=\"_ _0\"></span> -<span class=\"_ _0\"></span> Pla<span class=\"_ _3b\"></span>nos d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>bene<span class=\"_ _0\"></span>f\u00ed<span class=\"_ _0\"></span>cio <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> Alg<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>i\u00e1<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mir<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>sso d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpre<span class=\"_ _0\"></span>gado<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ni\u00e1ri<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>t\u00edt<span class=\"_ _0\"></span>ulo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pen<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de r<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>lhi<span class=\"_ _0\"></span>ce,<span class=\"_ _0\"></span> inv<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>z, re<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>ada e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>v\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>tuin<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ben<span class=\"_ _0\"></span>ef\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>fini<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>. O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsti<span class=\"_ _0\"></span>tui<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>fun<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s de <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>t\u00f3<span class=\"_ _0\"></span>nomo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>tota<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sabil<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s. C<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> m\u00e9<span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> unid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>ce <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>stos<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a at<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ef\u00ed<span class=\"_ _0\"></span>cios<span class=\"_ _0\"></span> \u00e0 m<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ser<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>\u00e7os<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>dos pe<span class=\"_ _0\"></span>los<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>. D<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>modo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tot<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tima<span class=\"_ _0\"></span>da,<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> meno<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nter<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>anu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>ntid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>epen<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>. A r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>dete<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> \u00e9 a<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>na d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>edu<span class=\"_ _0\"></span>zid<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>os c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>stit<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a Re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>lida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s p<span class=\"_ _3b\"></span>or be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>fini<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s. Os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sv<span class=\"_ _0\"></span>ios <span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>iais<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sult<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>onsa<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mada<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o con<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>\u00eanci<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>era\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>aos <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>mog<span class=\"_ _0\"></span>r\u00e1<span class=\"_ _0\"></span>fico<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> gan<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>i\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>adic<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> o r<span class=\"_ _0\"></span>eto<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>eal <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>quot<span class=\"_ _0\"></span>a-p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span> l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>regi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>egr<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ansi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>. O j<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o l<span class=\"_ _0\"></span>\u00edqu<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u00e0 apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nto a<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>abili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> l\u00edq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> (v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ded<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>undo<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>e \u00e9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>o no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>asto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>al. Os <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> liq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>fini<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onhe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>esul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ando<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span> liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00e3o oco<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>. U<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ocor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>du\u00e7<span class=\"_ _0\"></span>\u00e3o m<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ial <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> n\u00fa<span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s. Os <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m da <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ple<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>ovo <span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> ou <span class=\"_ _0\"></span>acr<span class=\"_ _0\"></span>\u00e9<span class=\"_ _0\"></span>scim<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>. Be<span class=\"_ _0\"></span>nef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> p\u00f3<span class=\"_ _0\"></span>s-e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>rego<span class=\"_ _0\"></span> -<span class=\"_ _0\"></span> Pla<span class=\"_ _3b\"></span>nos d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ui\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> def<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>da A g<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sas <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>miu<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>omi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>os r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntri<span class=\"_ _0\"></span>bui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bui\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>finid<span class=\"_ _0\"></span>a,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>gem<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> abr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>gid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>sses<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nar<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>lem<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pen<span class=\"_ _0\"></span>s\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r ve<span class=\"_ _0\"></span>lhi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>nva<span class=\"_ _0\"></span>lidez<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>v\u00ea<span class=\"_ _0\"></span>ncia.<span class=\"_ _0\"></span> Par<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>fora<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>tu\u00edd<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> Fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Pe<span class=\"_ _0\"></span>ns\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>sam<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>aqu<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>as con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00f5es,<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s po<span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>uar<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ontr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ui\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> vol<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t\u00e1ri<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>, mas<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> qua<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>me <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spons<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> ou <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>etor<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00e9-<span class=\"_ _0\"></span>fix<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>. De<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ui\u00e7\u00f5<span class=\"_ _0\"></span>es e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>adas<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>odo,<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>mente<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>mome<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>sua <span class=\"_ _0\"></span>liq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>. ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-173-2": {
   "value": "7.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Remu<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>os </span></span>do<span class=\"_ _0\"></span>s \u00f3<span class=\"_ _3b\"></span>rg\u00e3o<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>iais Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>\u00d3rg\u00e3os Sociais da<span class=\"_ _1\"></span> Navigator<span class=\"_ _1\"></span>   <span class=\"ls0\">Conselh<span class=\"_ _1\"></span>o de Administra\u00e7\u00e3<span class=\"_ _1\"></span>o </span>2.<span class=\"ls24\">980</span>.652  2.<span class=\"ls24\">978</span>.880    <span class=\"ls0\">Conselh<span class=\"_ _1\"></span>o Fiscal </span>53<span class=\"ls0\">.</span>998 <span class=\"ls0\"> </span>53<span class=\"ls0\">.</span>998 <span class=\"ls0\"> </span>  <span class=\"ls0\">Conselh<span class=\"_ _1\"></span>o Ambiental  </span>15<span class=\"ls0\">.</span>250 <span class=\"ls0\"> </span>33<span class=\"ls0\">.</span>500 <span class=\"ls0\"> </span>  <span class=\"ls0\">Mesa da Asse<span class=\"_ _1\"></span>mbleia Gera<span class=\"_ _1\"></span>l </span>7.<span class=\"ls24\">000 </span> 4.<span class=\"ls24\">000 </span> 3.056.<span class=\"ls2b\">900 <span class=\"_ _1\"></span></span> 3.070.<span class=\"ls2b\">378 <span class=\"_ _1\"></span></span>  \u00d3rg\u00e3os Sociais de<span class=\"_ _1\"></span> outras empr<span class=\"_ _1\"></span>esas do Gr<span class=\"_ _1\"></span>upo  296<span class=\"ls0\">.088 <span class=\"_ _1\"></span> </span>288<span class=\"ls0\">.511 <span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>Total (Nota 7.1)<span class=\"_ _1\"></span> 3.352.<span class=\"ls2b\">988 <span class=\"_ _1\"></span></span> 3.358.<span class=\"ls2b\">889 <span class=\"_ _1\"></span></span> Remunera\u00e7<span class=\"_ _1\"></span>\u00e3o dos membros d<span class=\"_ _1\"></span>o Consel<span class=\"_ _1\"></span>ho de <span class=\"_ _1\"></span>Administra\u00e7\u00e3o<span class=\"_ _1\"></span> Tod<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ol\u00ed<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>sel<span class=\"_ _0\"></span>ho d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Admi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>scr<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>Rel<span class=\"_ _0\"></span>at\u00f3<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Go<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>Soc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>t\u00e1ri<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Soci<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>. No<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>a be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>f\u00edc<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s p\u00f3s<span class=\"_ _0\"></span>-e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>ego<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 31 <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>deze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>nef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>\u00f3s<span class=\"_ _0\"></span>-em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>mini<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>or do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span><span class=\"ff9\">asce<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a \u20ac<span class=\"_ _0\"></span>827<span class=\"_ _0\"></span>.<span class=\"ff1\">00<span class=\"_ _0\"></span>5 <span class=\"_ _0\"></span><span class=\"ff9\">(31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1: <span class=\"_ _0\"></span>\u20ac95<span class=\"_ _0\"></span>6.<span class=\"_ _0\"></span>764<span class=\"_ _0\"></span>). <span class=\"_ _0\"></span>Adi<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te, <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>\u00eas </span></span></span>do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>Ad<span class=\"_ _0\"></span>mini<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s s\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cipa<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pla<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Br<span class=\"_ _0\"></span>ands<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A.,<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>ria <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> So<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> qua<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>olab<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s da<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de,<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>rar<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> car<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>admi<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>. Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>elat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>sel<span class=\"_ _0\"></span>ho <span class=\"_ _0\"></span>de Adm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>isti<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>: i<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>quai<span class=\"_ _0\"></span>sq<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> res<span class=\"_ _0\"></span>pon<span class=\"_ _0\"></span>sab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> adi<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>afet<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a out<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>bene<span class=\"_ _0\"></span>f\u00edc<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>ongo<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>raz<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>ii)<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>o, i<span class=\"_ _0\"></span>ii)<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>trib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> nem <span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>) q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>sq<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> sa<span class=\"_ _0\"></span>ldo<span class=\"_ _0\"></span>s pe<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInformationAboutKeyManagementPersonnelExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-174-2": {
   "value": "8.1.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Gest<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o </span></span>A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa, <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r,<span class=\"_ _0\"></span> tem<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m p<span class=\"_ _0\"></span>rog<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> sua<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>\u00e1li<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a at<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sem<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nim<span class=\"_ _0\"></span>izar<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>dv<span class=\"_ _0\"></span>ers<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>na s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>ce f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a. A<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nduz<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>re\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>rdo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>pol\u00ed<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ova<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>os r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s C<span class=\"_ _0\"></span>onse<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de Adm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>nhad<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Comi<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Ris<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>. A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ti<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a po<span class=\"_ _0\"></span>stur<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do r<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nimi<span class=\"_ _0\"></span>zar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ais ef<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>adv<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sos<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ocia<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>nom<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>dame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>no q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>isco<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>. 8.1.1.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Risco<span class=\"_ _1\"></span> cambial<span class=\"_ _1\"></span> </span>Pol\u00edtica de gest<span class=\"_ _1\"></span>\u00e3o do risco camb<span class=\"_ _1\"></span>ial Uma parte significativa das ve<span class=\"_ _0\"></span>ndas do Grupo \u00e9 denominada em moe<span class=\"_ _0\"></span>das diferentes do Euro, pelo que<span class=\"_ _0\"></span> a sua evolu\u00e7\u00e3o poder\u00e1 ter um i<span class=\"_ _0\"></span>mpacto significativo nos fluxos de caixa obti<span class=\"_ _0\"></span>dos com as vendas futuras do Grupo<span class=\"_ _0\"></span>, sendo a moeda com maior imp<span class=\"_ _0\"></span>acto o USD. Tamb\u00e9m as vendas <span class=\"_ _0\"></span>em GBP, PLN e CHF t\u00eam alg<span class=\"_ _0\"></span>uma express\u00e3o, tendo <span class=\"_ _0\"></span>as vendas noutras moedas me<span class=\"_ _0\"></span>nor significado. As compras de algumas mat<span class=\"_ _0\"></span>\u00e9rias-primas s\u00e3o efetuadas em USD, <span class=\"_ _0\"></span>nomeadamente pa<span class=\"_ _0\"></span>rte das importa\u00e7\u00f5es de madeira e de pasta de fibr<span class=\"_ _0\"></span>a longa, pelo que varia\u00e7\u00f5es nesta moed<span class=\"_ _0\"></span>a poder\u00e3o ter um i<span class=\"_ _0\"></span>mpacto nos valores de aquisi\u00e7\u00e3o. Adicionalmente, e uma vez <span class=\"_ _0\"></span>concretizada uma venda ou <span class=\"_ _0\"></span>compra em moeda difer<span class=\"_ _0\"></span>ente do Euro, o Grupo incorr<span class=\"_ _0\"></span>e em risco cambial at\u00e9 ao recebi<span class=\"_ _0\"></span>mento ou pagamento dessa v<span class=\"_ _0\"></span>enda ou compra, caso n\u00e3o c<span class=\"_ _0\"></span>ontrate instrumentos de cobertura deste ri<span class=\"_ _0\"></span>sco. Deste modo, existe permane<span class=\"_ _0\"></span>ntemente, no seu ativo, um mont<span class=\"_ _0\"></span>ante significativo de cr\u00e9di<span class=\"_ _0\"></span>tos a receber, assim como, embor<span class=\"_ _0\"></span>a com menor express\u00e3o, d<span class=\"_ _0\"></span>\u00e9bitos a pagar, expostos a ri<span class=\"_ _0\"></span>sco cambial.  Utiliza\u00e7\u00e3o de instrumentos financeiros d<span class=\"_ _0\"></span>erivados O Grupo recorre \u00e0 util<span class=\"_ _0\"></span>iza\u00e7\u00e3o de instrumentos financeiros d<span class=\"_ _0\"></span>erivados para a gest\u00e3o do risco camb<span class=\"_ _0\"></span>ial, de acordo com uma pol\u00edtica definida pe<span class=\"_ _0\"></span>riodicamente e que tem como obj<span class=\"_ _0\"></span>etivo limitar o risco l\u00edquido de exposi<span class=\"_ _0\"></span>\u00e7\u00e3o cambial associado \u00e0s vendas e comp<span class=\"_ _0\"></span>ras futuras, aos cr\u00e9ditos e d<span class=\"_ _0\"></span>\u00e9bitos a receber e<span class=\"_ _0\"></span> a pagar e outros ativos denominados em moedas difere<span class=\"_ _0\"></span>ntes do Euro. Nos per\u00edodos apre<span class=\"_ _0\"></span>sentados, o Grupo det\u00e9m deri<span class=\"_ _0\"></span>vados que se encontram a cobrir o risco cambial de<span class=\"_ _0\"></span> opera\u00e7\u00f5es futuras em moeda diferente<span class=\"_ _0\"></span> da moeda de apresenta\u00e7\u00e3o (ve<span class=\"_ _0\"></span>r Nota 8.2 <span class=\"ff9\">\u2013</span> Instrumentos financeir<span class=\"_ _0\"></span>os derivados). Exposi\u00e7\u00e3o dos ativos e passivos financeiros ao risco cambial e an\u00e1lise de sensibilidade 31 de dezembro de 202<span class=\"_ _1\"></span>2  D\u00f3lar  Libra  Zloti  Lira  Franco  Metical  Diram  Rand s<span class=\"lsa0\">ul</span>- Total no<span class=\"ls0\">rte- </span>esterlina  polaco  turca  su\u00ed\u00e7o  mo\u00e7ambicano<span class=\"_ _0\"></span>  marroquino <span class=\"_ _0\"></span> africano  (Euros)  americano <span class=\"_ _0\"></span> Valores em Divisas<span class=\"_ _1\"></span> Caixa e equiva<span class=\"_ _1\"></span>lentes de caixa<span class=\"_ _1\"></span> 669<span class=\"ls0\">.</span>343 <span class=\"ls0\"> </span>920<span class=\"ls0\">.</span>577 <span class=\"ls0\"> </span>628<span class=\"ls0\">.</span>521 <span class=\"ls0\"> </span>277<span class=\"ls0\">.</span>417 <span class=\"ls0\"> </span>60<span class=\"ls0\">.</span>783 <span class=\"ls0\"> </span>69<span class=\"ls0\">.</span>989<span class=\"ls0\">.502  </span>528<span class=\"ls0\">.</span>284 <span class=\"ls0\"> </span>40<span class=\"ls0\">.</span>922 <span class=\"ls0\"> </span>3.<span class=\"ls24\">033</span>.736  Valores a receber<span class=\"_ _1\"></span> 121<span class=\"ls0\">.</span>178<span class=\"ls0\">.751  </span>27<span class=\"ls0\">.</span>203<span class=\"ls0\">.259  </span>22<span class=\"ls0\">.</span>284<span class=\"ls0\">.073  </span>124<span class=\"ls0\">.</span>322 <span class=\"ls0\"> </span>3.<span class=\"ls24\">171</span>.682  119<span class=\"ls0\">.</span>228<span class=\"ls0\">.330  </span>-  -  158<span class=\"ls0\">.</span>098<span class=\"ls0\">.615  </span>Total de ativos f<span class=\"_ _1\"></span>inanceiros<span class=\"_ _1\"></span> 121<span class=\"ls0\">.848.0<span class=\"_ _1\"></span>94  </span>28<span class=\"ls0\">.</span>123<span class=\"ls0\">.<span class=\"_ _1\"></span>836  </span>22<span class=\"ls0\">.</span>912<span class=\"ls0\">.<span class=\"_ _1\"></span>594  </span>401<span class=\"ls0\">.739 <span class=\"_ _1\"></span> </span>3.232.<span class=\"ls2b\">465 <span class=\"_ _1\"></span></span> 189<span class=\"ls0\">.217.8<span class=\"_ _1\"></span>32  </span>528<span class=\"ls0\">.284 <span class=\"_ _1\"></span> </span>40<span class=\"ls0\">.</span>922 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>161<span class=\"ls0\">.132.3<span class=\"_ _1\"></span>51  </span>Financiamentos<span class=\"_ _1\"></span> Valores a pagar<span class=\"_ _1\"></span> -<span class=\"fc5\"> </span>(270.975) (11.083) (22.910) (30.685) - (98.203) - (1<span class=\"ls0\">.<span class=\"ls24\">373</span>.124)<span class=\"_ _1\"></span> </span>Total de pa<span class=\"_ _1\"></span>ssivos financeiros<span class=\"_ _1\"></span> -  (270.975) (11.083) (22.910) (30.685) -  (98.203) -  (1<span class=\"ls0\">.373.124) </span>Posi\u00e7\u00e3o finance<span class=\"_ _1\"></span>ira l\u00edquida <span class=\"_ _1\"></span> 121<span class=\"ls0\">.848.0<span class=\"_ _1\"></span>94  </span>27<span class=\"ls0\">.</span>852<span class=\"ls0\">.<span class=\"_ _1\"></span>861  </span>22<span class=\"ls0\">.</span>901<span class=\"ls0\">.<span class=\"_ _1\"></span>511  </span>378<span class=\"ls0\">.829 <span class=\"_ _1\"></span> </span>3.201.<span class=\"ls2b\">780 <span class=\"_ _1\"></span></span> 189<span class=\"ls0\">.217.8<span class=\"_ _1\"></span>32  </span>430<span class=\"ls0\">.081 <span class=\"_ _1\"></span> </span>40<span class=\"ls0\">.</span>922 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>159<span class=\"ls0\">.759.2<span class=\"_ _1\"></span>27  </span>em moeda es<span class=\"_ _1\"></span>trangeira<span class=\"_ _1\"></span> Posi\u00e7\u00e3o finance<span class=\"_ _1\"></span>ira l\u00edquida e<span class=\"_ _1\"></span>m Euros 117<span class=\"ls0\">.308.2<span class=\"_ _1\"></span>64  </span>32<span class=\"ls0\">.</span>454<span class=\"ls0\">.<span class=\"_ _1\"></span>977  </span>4.882.<span class=\"ls2b\">635 <span class=\"_ _1\"></span></span> 21<span class=\"ls0\">.</span>870 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>3.214.<span class=\"ls2b\">639 <span class=\"_ _1\"></span></span> 2.847.<span class=\"ls2b\">308 <span class=\"_ _1\"></span></span> 40<span class=\"ls0\">.</span>715 <span class=\"_ _1\"></span><span class=\"ls0\"> </span>2.405  160<span class=\"ls0\">.772.8<span class=\"_ _1\"></span>12  </span>Impacto da varia\u00e7\u00e3o d<span class=\"_ _1\"></span>e + 10%<span class=\"_ _1\"></span> em todas as taxa<span class=\"_ _1\"></span>s de c\u00e2mbio <span class=\"_ _1\"></span>nos resultados do <span class=\"_ _1\"></span>per\u00edodo<span class=\"_ _45\"></span><span class=\"ff7 fs11 fc2\"> </span> 9.305.<span class=\"ls2b\">760 <span class=\"_ _1\"></span></span> Impacto da varia\u00e7\u00e3o d<span class=\"_ _1\"></span>e -10<span class=\"_ _1\"></span>% em todas a<span class=\"_ _1\"></span>s taxas de c\u00e2mb<span class=\"_ _1\"></span>io nos re<span class=\"_ _1\"></span>sultados do per\u00edod<span class=\"_ _1\"></span>o<span class=\"_ _1\"></span><span class=\"ff7 fs11 fc2\"> </span> (11.373.706)<span class=\"_ _1\"></span> 31 de dezembro de 202<span class=\"_ _1\"></span>1  D\u00f3lar  Libra  Zloti  Lira  Franco  Metical  Diram  Rand s<span class=\"lsa0\">ul</span>- Total norte-esterlina  polaco  turca  su\u00ed\u00e7o  mo\u00e7ambicano<span class=\"_ _0\"></span>  marroquino <span class=\"_ _0\"></span> africano  (Euros)  americano <span class=\"_ _0\"></span> Valores em Divisas<span class=\"_ _1\"></span> Caixa e equiva<span class=\"_ _1\"></span>lentes de caixa<span class=\"_ _1\"></span> 3.<span class=\"ls24\">392</span>.118 <span class=\"fc4\"> </span>442<span class=\"ls0\">.</span>905 <span class=\"fc4 ls0\"> </span>546<span class=\"ls0\">.</span>861 <span class=\"fc4 ls0\"> </span>102<span class=\"ls0\">.</span>302 <span class=\"fc4 ls0\"> </span>117<span class=\"ls0\">.</span>265 <span class=\"fc4 ls0\"> </span>10<span class=\"ls0\">.</span>352<span class=\"ls0\">.877 <span class=\"fc4\"> </span></span>651<span class=\"ls0\">.</span>982 <span class=\"fc4 ls0\"> </span>40<span class=\"ls0\">.</span>922 <span class=\"fc4 ls0\"> </span>3.<span class=\"ls24\">968</span>.677 <span class=\"fc4\"> </span>Valores a receber<span class=\"_ _1\"></span> 63<span class=\"ls0\">.</span>112<span class=\"ls0\">.114 <span class=\"fc4\"> </span></span>7.<span class=\"ls24\">550</span>.211 <span class=\"fc4\"> </span>6.<span class=\"ls24\">306</span>.245 <span class=\"fc4\"> </span>- <span class=\"fc4\"> </span>1.<span class=\"ls24\">498</span>.477 <span class=\"fc4\"> </span>3.<span class=\"ls24\">588</span>.455 <span class=\"fc4\"> </span>- <span class=\"fc4\"> </span>- <span class=\"fc4\"> </span>67<span class=\"ls0\">.</span>580<span class=\"ls0\">.500 <span class=\"fc4\"> </span></span>Total de ativos f<span class=\"_ _1\"></span>inanceiros<span class=\"_ _1\"></span> 66<span class=\"ls0\">.</span>504<span class=\"ls0\">.<span class=\"_ _1\"></span>232 <span class=\"fc4\"> </span></span>7.993.<span class=\"ls2b\">116 <span class=\"_ _1\"></span></span><span class=\"fc4\"> </span>6.853.<span class=\"ls2b\">106 <span class=\"_ _1\"></span></span><span class=\"fc4\"> </span>102<span class=\"ls0\">.302 <span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>1.615 742 <span class=\"fc4\"> </span>13<span class=\"ls0\">.</span>941<span class=\"ls0\">.<span class=\"_ _1\"></span>332 <span class=\"fc4\"> </span></span>651<span class=\"ls0\">.982 <span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>40<span class=\"ls0\">.</span>922 <span class=\"_ _1\"></span><span class=\"fc4 ls0\"> </span>71<span class=\"ls0\">.</span>549<span class=\"ls0\">.<span class=\"_ _1\"></span>177 <span class=\"fc4\"> </span></span>Financiamentos<span class=\"_ _1\"></span> Valores a pagar<span class=\"_ _1\"></span> (4<span class=\"ls0\">.<span class=\"ls24\">349</span>.239)<span class=\"_ _1\"></span> </span>(24.525)<span class=\"fc4\"> </span>(12.180)<span class=\"fc4\"> </span>(1<span class=\"ls0\">.312)<span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>(4<span class=\"ls0\">.062)<span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>(6<span class=\"ls0\">.<span class=\"ls24\">579</span>.943)<span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>(71.000)<span class=\"fc4\"> </span>-<span class=\"fc4\"> </span>(3<span class=\"ls0\">.<span class=\"ls24\">979</span>.758)<span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>Total de pa<span class=\"_ _1\"></span>ssivos financeiros<span class=\"_ _1\"></span> (4<span class=\"ls0\">.349.239)<span class=\"fc4\"> </span></span>(24.525)<span class=\"fc4\"> </span>(12.180)<span class=\"fc4\"> </span>(1<span class=\"ls0\">.312)<span class=\"fc4\"> </span></span>(4<span class=\"ls0\">.062)<span class=\"fc4\"> </span></span>(6<span class=\"ls0\">.579.943)<span class=\"fc4\"> </span></span>(71.000)<span class=\"fc4\"> </span>- <span class=\"fc4\"> </span>(3<span class=\"ls0\">.979.758)<span class=\"fc4\"> </span></span>Posi\u00e7\u00e3o finance<span class=\"_ _1\"></span>ira l\u00edquida <span class=\"_ _1\"></span> 62<span class=\"ls0\">.</span>154<span class=\"ls0\">.<span class=\"_ _1\"></span>993 <span class=\"fc4\"> </span></span>7.968.<span class=\"ls2b\">590 <span class=\"_ _1\"></span></span><span class=\"fc4\"> </span>6.840.<span class=\"ls2b\">927 <span class=\"_ _1\"></span></span><span class=\"fc4\"> </span>100<span class=\"ls0\">.990 <span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>1.611.<span class=\"ls2b\">680 <span class=\"_ _1\"></span></span><span class=\"fc4\"> </span>7.361.<span class=\"ls2b\">389 <span class=\"_ _1\"></span></span><span class=\"fc4\"> </span>580<span class=\"ls0\">.982 <span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>40<span class=\"ls0\">.</span>922 <span class=\"_ _1\"></span><span class=\"fc4 ls0\"> </span>67<span class=\"ls0\">.</span>569<span class=\"ls0\">.<span class=\"_ _1\"></span>419 <span class=\"fc4\"> </span></span>em moeda es<span class=\"_ _1\"></span>trangeira<span class=\"_ _1\"></span> Posi\u00e7\u00e3o finance<span class=\"_ _1\"></span>ira l\u00edquida e<span class=\"_ _1\"></span>m Euros 54<span class=\"ls0\">.</span>878<span class=\"ls0\">.<span class=\"_ _1\"></span>150 <span class=\"fc4\"> </span></span>9.483.<span class=\"ls2b\">256 <span class=\"_ _1\"></span></span><span class=\"fc4\"> </span>1.488.<span class=\"ls2b\">161 <span class=\"_ _1\"></span></span><span class=\"fc4\"> </span>6.629 <span class=\"fc4\"> </span>1.560.<span class=\"ls2b\">043 <span class=\"_ _1\"></span></span><span class=\"fc4\"> </span>101<span class=\"ls0\">.789 <span class=\"_ _1\"></span><span class=\"fc4\"> </span></span>55<span class=\"ls0\">.</span>245 <span class=\"_ _1\"></span><span class=\"fc4 ls0\"> </span>2.266 <span class=\"fc4\"> </span>67<span class=\"ls0\">.</span>569<span class=\"ls0\">.<span class=\"_ _1\"></span>419 <span class=\"fc4\"> </span></span>Impacto da varia\u00e7\u00e3o d<span class=\"_ _1\"></span>e + 10%<span class=\"_ _1\"></span> em todas as taxa<span class=\"_ _1\"></span>s de c\u00e2mbio <span class=\"_ _1\"></span>nos resultados do <span class=\"_ _1\"></span>per\u00edodo<span class=\"_ _45\"></span> 8.223.<span class=\"ls2b\">512 <span class=\"_ _1\"></span></span><span class=\"fc4\"> </span>Impacto da varia\u00e7\u00e3o d<span class=\"_ _1\"></span>e -10<span class=\"_ _1\"></span>% em todas a<span class=\"_ _1\"></span>s taxas de c\u00e2mb<span class=\"_ _1\"></span>io nos re<span class=\"_ _1\"></span>sultados do per\u00edod<span class=\"_ _1\"></span>o<span class=\"_ _1\"></span><span class=\"ff7 fc2\"> </span> (10.199.055)<span class=\"_ _1\"></span><span class=\"fc4\"> </span>Na <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> div<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ga <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ivos<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>o ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> cam<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>n\u00e1l<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sibi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>visa<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zou<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, m<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>que <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e b<span class=\"_ _0\"></span>ala<span class=\"_ _0\"></span>n\u00e7o,<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>sui<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00f5es <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>az\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> as <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c\u00e2<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>o di<span class=\"_ _0\"></span>vu<span class=\"_ _0\"></span>lg<span class=\"_ _0\"></span>adas<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>1.<span class=\"_ _0\"></span>4.4<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> mai<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>n\u00fam<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>moe<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>ta. 8.1.2.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Risco de t<span class=\"_ _1\"></span>axa de juro<span class=\"_ _1\"></span> </span>Pol\u00edtica de gest<span class=\"_ _1\"></span>\u00e3o do risco de taxa<span class=\"_ _1\"></span> de juro<span class=\"_ _1\"></span> Uma parte do custo associa<span class=\"_ _0\"></span>do \u00e0 d\u00edvida financeira contra\u00ed<span class=\"_ _0\"></span>da pelo Grupo est\u00e1 indexada a t<span class=\"_ _0\"></span>axas de refer\u00eancia de curto prazo, revistas com u<span class=\"_ _0\"></span>ma periodicidade<span class=\"_ _0\"></span> inferior a um ano (geralmente seis meses na d\u00edvi<span class=\"_ _0\"></span>da de m\u00e9dio e longo prazo). Deste modo, varia\u00e7\u00f5<span class=\"_ _0\"></span>es nas taxas de juro pod<span class=\"_ _0\"></span>em afetar os resultados do Grup<span class=\"_ _0\"></span>o.  A estrat\u00e9gia de gest\u00e3o do ri<span class=\"_ _0\"></span>sco de taxa de juro \u00e9 revi<span class=\"_ _0\"></span>sta periodicamente pelo Grupo. Face ao <span class=\"_ _0\"></span>n\u00edvel atual das taxas de juro temos pr<span class=\"_ _0\"></span>ivilegiado a contrata\u00e7\u00e3o de d\u00edvida a taxa fixa. Utiliza\u00e7\u00e3o de instrumentos financeiros d<span class=\"_ _0\"></span>erivados Nos casos em que a Administr<span class=\"_ _0\"></span>a\u00e7\u00e3o considera adequado, <span class=\"_ _0\"></span>o Grupo recorre \u00e0 util<span class=\"_ _0\"></span>iza\u00e7\u00e3o de instrumentos financeiros derivados (Nota 8.2), nomeadamente<span class=\"_ _0\"></span> swaps, tendo est<span class=\"_ _0\"></span>es instrumentos como objetivo de fixar a tax<span class=\"_ _0\"></span>a de juro dos empr\u00e9stimos que<span class=\"_ _0\"></span> obt\u00e9m, dentro de determinados p<span class=\"_ _0\"></span>ar\u00e2metros, considerados adequa<span class=\"_ _0\"></span>dos pelas pol\u00edticas de ge<span class=\"_ _0\"></span>st\u00e3o de risco do Grupo. Exposi\u00e7\u00e3o ao risco de taxa de juro  A 3<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 6%<span class=\"_ _0\"></span> (3<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bro <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21<span class=\"lsd\">: </span>5%<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> d\u00ed<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>a fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ava <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xas <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>\u00eanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>rto<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>azo,<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>dici<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>erio<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>(g<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>lme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a d\u00ed<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>m\u00e9di<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> l<span class=\"_ _0\"></span>ong<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span>) e<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00e9m<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>o op<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tun<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>m,<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ria\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>s tax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>. O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> tem<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rivi<span class=\"_ _0\"></span>leg<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>do a<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>\u00edvi<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> fix<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>orri<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>deri<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>swa<span class=\"_ _0\"></span>ps<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> jur<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>o ob<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>xar<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>r\u00e9<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>s qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>obt<span class=\"_ _0\"></span>\u00e9m<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ar\u00e2<span class=\"_ _0\"></span>metr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>.  Em<span class=\"ls0\"> 3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>e <span class=\"ls16\">2021</span>,<span class=\"_ _0\"></span> o r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>sumo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m ex<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o </span>a r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> jur<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>fun\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ata d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sent<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o no<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>: Mais  Valores em Euros<span class=\"_ _1\"></span> At\u00e9 1 m\u00eas 1-3 meses 3-12 meses<span class=\"_ _0\"></span> 1-5 anos de 5 anos  Total A 31 de deze<span class=\"_ _1\"></span>mbro de 2022<span class=\"_ _1\"></span> Ativos Correntes Caixa e seus equ<span class=\"_ _1\"></span>ivalentes 343<span class=\"ls0\">.</span>083<span class=\"ls0\">.788  </span>-  -  -  -  343<span class=\"ls0\">.</span>083<span class=\"ls0\">.788  </span>Total de ativos f<span class=\"_ _1\"></span>inanceiros<span class=\"_ _1\"></span> 343<span class=\"ls0\">.083.7<span class=\"_ _1\"></span>88  </span>-  -  -  -  343<span class=\"ls0\">.083.7<span class=\"_ _1\"></span>88  </span>Passivos N\u00e3o correntes<span class=\"_ _1\"></span> Financiamentos<span class=\"_ _1\"></span> obtidos -  -  -  492<span class=\"ls0\">.</span>801<span class=\"ls0\">.587  </span>123<span class=\"ls0\">.</span>710<span class=\"ls0\">.317  </span>616<span class=\"ls0\">.</span>511<span class=\"ls0\">.905  </span>Incentivos ree<span class=\"_ _1\"></span>mbols\u00e1veis -  -  -  28<span class=\"ls0\">.</span>877<span class=\"ls0\">.757  </span>1.<span class=\"ls24\">097</span>.307  29<span class=\"ls0\">.</span>975<span class=\"ls0\">.064  </span>Correntes Financiamentos<span class=\"_ _1\"></span> obtidos -  49<span class=\"ls0\">.</span>857<span class=\"ls0\">.143  </span>25<span class=\"ls0\">.</span>218<span class=\"ls0\">.254  </span>-  -  75<span class=\"ls0\">.</span>075<span class=\"ls0\">.397  </span>Incentivos ree<span class=\"_ _1\"></span>mbols\u00e1veis -  -  7.<span class=\"ls24\">219</span>.439  -  -  7.<span class=\"ls24\">219</span>.439  Total de pa<span class=\"_ _1\"></span>ssivos financeiros<span class=\"_ _1\"></span> -  49<span class=\"ls0\">.</span>857<span class=\"_ _1\"></span><span class=\"ls0\">.143  </span>32<span class=\"ls0\">.</span>437<span class=\"ls0\">.<span class=\"_ _1\"></span>693  </span>521<span class=\"ls0\">.679.3<span class=\"_ _1\"></span>44  </span>124<span class=\"ls0\">.807.6<span class=\"_ _1\"></span>25  </span>728<span class=\"ls0\">.781.8<span class=\"_ _1\"></span>05  </span>Diferencial acu<span class=\"_ _1\"></span>mulado 343<span class=\"ls0\">.083.7<span class=\"_ _1\"></span>88  </span>293<span class=\"ls0\">.226.6<span class=\"_ _1\"></span>45  </span>260<span class=\"ls0\">.788.9<span class=\"_ _1\"></span>52  </span>(260.890.3<span class=\"_ _1\"></span>92) (385.698.017)<span class=\"_ _1\"></span> Mais  Valores em Euros<span class=\"_ _1\"></span> At\u00e9 1 m\u00eas 1-3 meses 3-12 meses<span class=\"_ _0\"></span> 1-5 anos de 5 anos  Total A 31 de deze<span class=\"_ _1\"></span>mbro de 2021<span class=\"_ _1\"></span> Ativos Correntes Caixa e seus equ<span class=\"_ _1\"></span>ivalentes 239<span class=\"ls0\">.</span>171<span class=\"ls0\">.252  </span>-  -  -  -  239<span class=\"ls0\">.</span>171<span class=\"ls0\">.252  </span>Total de ativos f<span class=\"_ _1\"></span>inanceiros<span class=\"_ _1\"></span> 239<span class=\"ls0\">.171.2<span class=\"_ _1\"></span>52  </span>-  -  -  -  239<span class=\"ls0\">.171.2<span class=\"_ _1\"></span>52  </span>Passivos N\u00e3o correntes<span class=\"_ _1\"></span> Financiamentos<span class=\"_ _1\"></span> obtidos -  -  -  647<span class=\"ls0\">.</span>913<span class=\"ls0\">.901  </span>32<span class=\"ls0\">.</span>202<span class=\"ls0\">.381  </span>680<span class=\"ls0\">.</span>116<span class=\"ls0\">.282  </span>Incentivos ree<span class=\"_ _1\"></span>mbols\u00e1veis -  -  -  28<span class=\"ls0\">.</span>877<span class=\"ls0\">.757  </span>5.<span class=\"ls24\">631</span>.853  34<span class=\"ls0\">.</span>509<span class=\"ls0\">.610  </span>Correntes Financiamentos<span class=\"_ _1\"></span> obtidos -  115<span class=\"ls0\">.</span>218<span class=\"ls0\">.254  </span>-  -  -  115<span class=\"ls0\">.</span>218<span class=\"ls0\">.254  </span>Incentivos ree<span class=\"_ _1\"></span>mbols\u00e1veis -  -  4.<span class=\"ls24\">099</span>.903  -  -  4.<span class=\"ls24\">099</span>.903  Total de pa<span class=\"_ _1\"></span>ssivos financeiros<span class=\"_ _1\"></span> -  115<span class=\"ls0\">.218.2<span class=\"_ _1\"></span>54  </span>4.099.<span class=\"ls2b\">903 <span class=\"_ _1\"></span></span> 676<span class=\"ls0\">.791.6<span class=\"_ _1\"></span>58  </span>37<span class=\"ls0\">.</span>834<span class=\"ls0\">.<span class=\"_ _1\"></span>234  </span>833<span class=\"ls0\">.944.0<span class=\"_ _1\"></span>49  </span>Diferencial acu<span class=\"_ _1\"></span>mulado 239<span class=\"ls0\">.171.2<span class=\"_ _1\"></span>52  </span>123<span class=\"ls0\">.952.9<span class=\"_ _1\"></span>98  </span>119<span class=\"ls0\">.853.0<span class=\"_ _1\"></span>95  </span>(556.938.5<span class=\"_ _1\"></span>63) (594.772.797)<span class=\"_ _1\"></span> Estimativas e julgamentos An\u00e1<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>\u00e9cni<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> an\u00e1<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue m<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>alte<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mad<span class=\"_ _0\"></span>as n<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>is d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> aum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>dimi<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>diata<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rcad<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>ari\u00e1<span class=\"_ _0\"></span>veis<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>Est<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>n\u00e1l<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> ape<span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> il<span class=\"_ _0\"></span>ustr<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span>, j<span class=\"_ _0\"></span>\u00e1 q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00e1ti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> ra<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>isol<span class=\"_ _0\"></span>adam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>. A a<span class=\"_ _0\"></span>n\u00e1l<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sibi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> \u00e9 b<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ssup<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>: i)<span class=\"_ _0\"></span> Al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>dime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> Inst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> var<span class=\"_ _0\"></span>i\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s; ii<span class=\"ls0\">) Al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> jur<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>sto v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Ins<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>finan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s </span>de<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e ou<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>pass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>; iii<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>Alte<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Inst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e o<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>s fl<span class=\"_ _0\"></span>ux<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ixa <span class=\"_ _0\"></span>fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s l\u00ed<span class=\"_ _0\"></span>quid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, uti<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>zan<span class=\"_ _0\"></span>do t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> mer<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>do d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nal <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o. Um <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 0<span class=\"_ _0\"></span>,50%<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ais s<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>lcu<span class=\"_ _0\"></span>lad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> jur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9sti<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>elo <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o te<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> nos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e \u20ac2<span class=\"_ _0\"></span>33<span class=\"_ _0\"></span>.3<span class=\"_ _0\"></span>33 (<span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>zem<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2021<span class=\"_ _0\"></span>: \u20ac1<span class=\"_ _0\"></span>06.<span class=\"_ _0\"></span>25<span class=\"_ _0\"></span>0<span class=\"ff1 lsd\">).<span class=\"ls0\"> </span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinancialRiskManagementExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-179-2": {
   "value": "8.1.3.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Risco de liq<span class=\"_ _1\"></span>uidez </span>Pol\u00edtica de gest<span class=\"_ _1\"></span>\u00e3o do risco de liqui<span class=\"_ _1\"></span>dez<span class=\"_ _1\"></span> O Grupo gere o ri<span class=\"_ _0\"></span>sco de liquidez por duas vias:  i.<span class=\"ffb ls0\"> <span class=\"_ _2c\"> </span><span class=\"ff1\">garantindo que a sua d\u00edvida financeira tem uma compon<span class=\"_ _0\"></span>ente elevada de m\u00e9d<span class=\"_ _0\"></span>io e longo prazo com </span></span>maturidades adequadas \u00e0s c<span class=\"_ _0\"></span>aracter\u00edsticas das ind\u00fastrias <span class=\"_ _0\"></span>onde exerce a sua atividade, e ii.<span class=\"ffb ls0\"> <span class=\"_ _9c\"> </span><span class=\"ff1\">atrav\u00e9s da contrata\u00e7\u00e3o com <span class=\"_ _0\"></span>institui\u00e7\u00f5es financeiras de<span class=\"_ _0\"></span> linhas de cr\u00e9dito dispon\u00edveis a todo o momento, </span></span>por um montante que gar<span class=\"_ _0\"></span>anta uma liquidez adeq<span class=\"_ _0\"></span>uada. Cr\u00e9ditos dispon\u00edveis e n\u00e3o utili<span class=\"_ _0\"></span>zados<span class=\"ff3\"> </span>O Grupo tem por pol\u00ed<span class=\"_ _0\"></span>tica manter linhas de cr\u00e9dito e<span class=\"_ _0\"></span>m n\u00edveis adequados para, juntame<span class=\"_ _0\"></span>nte com o montante de Caixa e Equivalentes de for<span class=\"_ _0\"></span>ma a garantir, com alguma <span class=\"_ _0\"></span>margem de conforto, o ciclo d<span class=\"_ _0\"></span>e tesouraria previsto para os pr\u00f3ximos 12 meses.  Maturidade contratual dos passivos financeiros  (fluxos n\u00e3o descontados, incluindo juros) <span class=\"_ _9d\"> </span> Valores em Euros<span class=\"_ _1\"></span>  -1 m\u00eas   1-3 meses <span class=\"_ _0\"></span>  3-12 mes<span class=\"_ _0\"></span>es   1-5 anos   + de 5 anos<span class=\"_ _0\"></span>  <span class=\"fce sc0\"> </span> Total  A 31 de dezembr<span class=\"_ _1\"></span>o de 2022<span class=\"_ _1\"></span> Passivos Financiamentos<span class=\"_ _1\"></span> obtidos (Nota 5.7<span class=\"_ _1\"></span>) Empr\u00e9stimos por <span class=\"_ _1\"></span>obriga\u00e7\u00f5es<span class=\"_ _1\"></span> 420<span class=\"ls0\">.</span>000 <span class=\"ls0\"> </span>10<span class=\"ls0\">.</span>257<span class=\"ls0\">.500  </span>19<span class=\"ls0\">.</span>942<span class=\"ls0\">.100  </span>341<span class=\"ls0\">.</span>457<span class=\"ls0\">.650  </span>101<span class=\"ls0\">.</span>310<span class=\"ls0\">.000  </span>473<span class=\"ls0\">.</span>387<span class=\"ls0\">.250  </span>Papel comercial<span class=\"_ _1\"></span> -  35<span class=\"ls0\">.</span>994<span class=\"ls0\">.000  </span>745<span class=\"ls0\">.</span>500 <span class=\"ls0\"> </span>107<span class=\"ls0\">.</span>733<span class=\"ls0\">.500  </span>-  144<span class=\"ls0\">.</span>473<span class=\"ls0\">.000  </span>Empr\u00e9stimos ban<span class=\"_ _1\"></span>c\u00e1rios<span class=\"_ _1\"></span> -  5.<span class=\"ls24\">150</span>.218  21<span class=\"ls0\">.</span>558<span class=\"ls0\">.721  </span>100<span class=\"ls0\">.</span>824<span class=\"ls0\">.499  </span>25<span class=\"ls0\">.</span>127<span class=\"ls0\">.815  </span>152<span class=\"ls0\">.</span>661<span class=\"ls0\">.253  </span>Passivos de loca<span class=\"_ _1\"></span>\u00e7\u00e3o (Nota 5.8)<span class=\"_ _1\"></span> -  -  -  -  -  -  Instrumentos finance<span class=\"_ _1\"></span>iros derivado<span class=\"_ _1\"></span>s  -  (1<span class=\"ls0\">.<span class=\"ls24\">027</span>.675)<span class=\"_ _1\"></span> </span>(5<span class=\"ls0\">.<span class=\"ls24\">685</span>.408)<span class=\"_ _1\"></span> </span>(24.<span class=\"ls24\">583</span>.272) (652.775) (31.<span class=\"ls24\">949</span>.130) (Nota 8.2) Outros valores a pa<span class=\"_ _1\"></span>gar -  -  -  -  -  -  Total passivos<span class=\"_ _1\"></span> 420<span class=\"ls0\">.000 <span class=\"_ _1\"></span> </span>50<span class=\"ls0\">.</span>374<span class=\"_ _1\"></span><span class=\"ls0\">.043  </span>40<span class=\"ls0\">.</span>660<span class=\"ls0\">.<span class=\"_ _1\"></span>815  </span>554<span class=\"ls0\">.310.1<span class=\"_ _1\"></span>34  </span>131<span class=\"ls0\">.416.8<span class=\"_ _1\"></span>93  </span>777<span class=\"ls0\">.181.8<span class=\"_ _1\"></span>86  </span>Dos quais juro<span class=\"_ _1\"></span>s  41<span class=\"ls0\">.</span>739<span class=\"_ _1\"></span><span class=\"ls0\">.698  </span>(\u00e0s taxas em vig<span class=\"_ _1\"></span>or \u00e0 data)<span class=\"_ _1\"></span> Valores em Euros<span class=\"_ _1\"></span>  -1 m\u00eas   1-3 meses <span class=\"_ _0\"></span>  3-12 mes<span class=\"_ _0\"></span>es   1-5 anos   + de 5 anos<span class=\"_ _0\"></span>  <span class=\"fce sc0\"> </span> Total  A 31 de dezembr<span class=\"_ _1\"></span>o de 2021<span class=\"_ _1\"></span> Passivos Financiamentos<span class=\"_ _1\"></span> obtidos (Nota 5.7<span class=\"_ _1\"></span>) Empr\u00e9stimos por <span class=\"_ _1\"></span>obriga\u00e7\u00f5es<span class=\"_ _1\"></span> 420<span class=\"ls0\">.</span>000 <span class=\"ls0\"> </span>2.<span class=\"ls24\">197</span>.750  6.<span class=\"ls24\">495</span>.875  457<span class=\"ls0\">.</span>660<span class=\"ls0\">.500  </span>-  466<span class=\"ls0\">.</span>774<span class=\"ls0\">.125  </span>Papel comercial<span class=\"_ _1\"></span> 65<span class=\"ls0\">.</span>130<span class=\"ls0\">.000  </span>36<span class=\"ls0\">.</span>242<span class=\"ls0\">.500  </span>994<span class=\"ls0\">.</span>000 <span class=\"ls0\"> </span>144<span class=\"ls0\">.</span>224<span class=\"ls0\">.500  </span>-  246<span class=\"ls0\">.</span>591<span class=\"ls0\">.000  </span>Empr\u00e9stimos ban<span class=\"_ _1\"></span>c\u00e1rios<span class=\"_ _1\"></span> -  552<span class=\"ls0\">.</span>000 <span class=\"ls0\"> </span>13<span class=\"ls0\">.</span>495<span class=\"ls0\">.740  </span>80<span class=\"ls0\">.</span>570<span class=\"ls0\">.487  </span>33<span class=\"ls0\">.</span>462<span class=\"ls0\">.507  </span>128<span class=\"ls0\">.</span>080<span class=\"ls0\">.734  </span>Passivos de loca<span class=\"_ _1\"></span>\u00e7\u00e3o (Nota 5.8)<span class=\"_ _1\"></span> -  -  -  -  -  -  Instrumentos finance<span class=\"_ _1\"></span>iros derivado<span class=\"_ _1\"></span>s  -  1.<span class=\"ls24\">185</span>.597  1.<span class=\"ls24\">259</span>.307  323<span class=\"ls0\">.</span>238 <span class=\"ls0\"> </span>-  2.<span class=\"ls24\">768</span>.142  (Nota 8.2) Outros valores a pa<span class=\"_ _1\"></span>gar -  -  -  -  -  -  Total passivos<span class=\"_ _1\"></span> 65<span class=\"ls0\">.</span>550<span class=\"ls0\">.<span class=\"_ _1\"></span>000  </span>40<span class=\"ls0\">.</span>177<span class=\"_ _1\"></span><span class=\"ls0\">.847  </span>26<span class=\"ls0\">.</span>344<span class=\"ls0\">.<span class=\"_ _1\"></span>824  </span>711<span class=\"ls0\">.656.4<span class=\"_ _1\"></span>82  </span>39<span class=\"ls0\">.</span>094<span class=\"ls0\">.<span class=\"_ _1\"></span>360  </span>882<span class=\"ls0\">.823.5<span class=\"_ _1\"></span>14  </span>Dos quais juro<span class=\"_ _1\"></span>s  37<span class=\"ls0\">.</span>408<span class=\"_ _1\"></span><span class=\"ls0\">.448  </span>(\u00e0s taxas em vig<span class=\"_ _1\"></span>or \u00e0 data)<span class=\"_ _1\"></span> O q<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>d\u00ed<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>mit<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a e <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>\u00edvi<span class=\"_ _0\"></span>da d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ngo<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>mbol<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> ir<span class=\"_ _0\"></span>\u00e1 r<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span> d\u00ed<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span><span class=\"ls16\">3 <span class=\"ls0\">(Li<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>dito<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>on\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> </span></span>n\u00e3o<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span><span class=\"lsd\">).<span class=\"ls0\"> </span></span>A <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntra<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>dos f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span> o c<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> cov<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>s<span class=\"ff7\"> <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>orme<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>etal<span class=\"_ _0\"></span>had<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> No<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> 5.<span class=\"_ _0\"></span>7 <span class=\"_ _0\"></span><span class=\"ff15\">\u2013<span class=\"ff7\"> Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os o<span class=\"_ _0\"></span>bti<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s. </span></span></span>Linhas de cr\u00e9dito dispon\u00edveis e n\u00e3o utilizadas Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Linhas de cr\u00e9dit<span class=\"_ _1\"></span>o n\u00e3o utilizadas<span class=\"_ _1\"></span> Papel comercial (<span class=\"_ _1\"></span>com tomada f<span class=\"_ _1\"></span>irme de longo praz<span class=\"_ _1\"></span>o) 190<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>125<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>Financiamentos<span class=\"_ _1\"></span> de longo prazo co<span class=\"_ _1\"></span>ntratados e n\u00e3o dese<span class=\"_ _1\"></span>mbolsados<span class=\"_ _1\"></span> -  -  Outras linhas de cr\u00e9d<span class=\"_ _1\"></span>ito 20<span class=\"ls0\">.</span>450<span class=\"ls0\">.714  </span>20<span class=\"ls0\">.</span>450<span class=\"ls0\">.714  </span>210<span class=\"ls0\">.450.7<span class=\"_ _1\"></span>14  </span>145<span class=\"ls0\">.450.7<span class=\"_ _1\"></span>14  </span>Papel comercial ut<span class=\"_ _1\"></span>ilizado (Nota<span class=\"_ _1\"></span> 5.7) 140<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>240<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>Outras linhas de cr\u00e9d<span class=\"_ _1\"></span>ito utilizada<span class=\"_ _1\"></span>s 588<span class=\"ls0\">.</span>781<span class=\"ls0\">.805  </span>605<span class=\"ls0\">.</span>415<span class=\"ls0\">.068  </span>Linhas de cr\u00e9d<span class=\"_ _1\"></span>ito contratadas <span class=\"_ _1\"></span>(valor nominal)<span class=\"_ _1\"></span> 939<span class=\"ls0\">.232.5<span class=\"_ _1\"></span>19  </span>990<span class=\"ls0\">.865.7<span class=\"_ _1\"></span>82  </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfLiquidityRiskExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-182-3": {
   "value": "8.1.4.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Risco<span class=\"_ _1\"></span> de cr\u00e9dito<span class=\"_ _1\"></span> </span>Pol\u00edtica de gest<span class=\"_ _1\"></span>\u00e3o do risco d<span class=\"_ _1\"></span>e cr\u00e9dito O Grupo encontra-se sujei<span class=\"_ _0\"></span>to a risco de cr\u00e9dito sobr<span class=\"_ _0\"></span>e os saldos a receber dos Clientes e a outros deved<span class=\"_ _0\"></span>ores, tendo adotado uma pol\u00edtica de<span class=\"_ _0\"></span> gest\u00e3o de cobertura de risco dentr<span class=\"_ _0\"></span>o de determinados n\u00edve<span class=\"_ _0\"></span>is atrav\u00e9s de seguros de cr\u00e9dito com uma entidade indepe<span class=\"_ _0\"></span>ndentes especializada.  O Grupo adotou uma pol\u00ed<span class=\"_ _0\"></span>tica de seguro de cr\u00e9d<span class=\"_ _0\"></span>ito para a generalidade dos saldos a re<span class=\"_ _0\"></span>ceber de Clientes, com uma franquia de 5%. Desta for<span class=\"_ _0\"></span>ma considera-se que a exposi\u00e7\u00e3o efeti<span class=\"_ _0\"></span>va do Grupo ao risco d<span class=\"_ _0\"></span>e cr\u00e9dito se encontra mitigada a n\u00edveis aceit\u00e1veis relativame<span class=\"_ _0\"></span>nte \u00e0s vendas. A maiori<span class=\"_ _0\"></span>a das vendas que n\u00e3o est\u00e3o ab<span class=\"_ _0\"></span>rangidas por um seguro d<span class=\"_ _0\"></span>e cr\u00e9dito s\u00e3o cobertas por<span class=\"_ _0\"></span> garantias banc\u00e1rias, cartas de c<span class=\"_ _0\"></span>r\u00e9dito, cr\u00e9ditos d<span class=\"_ _0\"></span>ocument\u00e1rios ou acordos de reserva de propriedade (<span class=\"ff7\">re<span class=\"_ _0\"></span>tention of title<span class=\"ff1\">), sendo que qualque<span class=\"_ _0\"></span>r exposi\u00e7\u00e3o n\u00e3o coberta se encontra de<span class=\"_ _0\"></span>ntro de limites previamente<span class=\"_ _0\"></span> </span></span>aprovados pela Comiss\u00e3o Ex<span class=\"_ _0\"></span>ecutiva. No entanto, o agravamen<span class=\"_ _0\"></span>to das condi\u00e7\u00f5es econ\u00f3mi<span class=\"_ _0\"></span>cas globais ou adversi<span class=\"_ _0\"></span>dades que afetem apenas as economi<span class=\"_ _0\"></span>as a uma escala local pode originar uma de<span class=\"_ _0\"></span>teriora\u00e7\u00e3o na capacid<span class=\"_ _0\"></span>ade dos Clientes do Grupo em sal<span class=\"_ _0\"></span>dar as suas obriga\u00e7\u00f5es, levando a que as entidades <span class=\"_ _0\"></span>que prestam o seguro d<span class=\"_ _0\"></span>e cr\u00e9dito diminuam significativamente<span class=\"_ _0\"></span> o montante das linhas que<span class=\"_ _0\"></span> disponibilizam para esses Clientes, o que p<span class=\"_ _0\"></span>ode resultar em limita\u00e7\u00f5e<span class=\"_ _0\"></span>s nos montantes que se consegue<span class=\"_ _0\"></span>m vender a alguns Clientes do Grupo, sem i<span class=\"_ _0\"></span>ncorrer diretamente em n\u00edve<span class=\"_ _0\"></span>is de risco de cr\u00e9dito enquadr\u00e1veis na pol<span class=\"_ _0\"></span>\u00edtica de risco nesta \u00e1rea. Equivalentes de cai<span class=\"_ _0\"></span>xa O Grupo tem uma pol\u00edtica rig<span class=\"_ _0\"></span>orosa de aprova\u00e7\u00e3o das suas contrap<span class=\"_ _0\"></span>artes financeiras, li<span class=\"_ _0\"></span>mitando a sua exposi\u00e7\u00e3o de acordo com uma an\u00e1lise indi<span class=\"_ _0\"></span>vidual de risco e com p<span class=\"_ _0\"></span>lafonds previamente aprovados. Exposi\u00e7\u00e3o m\u00e1xima ao risco de cr\u00e9dito A e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>\u00e1xi<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sco <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivos <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>orre<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ao v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r l\u00edq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>do d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>smo<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nfo<span class=\"_ _0\"></span>rme<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 N\u00e3o correntes<span class=\"_ _1\"></span> Valores a receber (<span class=\"_ _1\"></span>Nota 4.2)<span class=\"_ _1\"></span> 25<span class=\"ls0\">.</span>282<span class=\"ls0\">.858  </span>8.<span class=\"ls24\">604</span>.547  Correntes Valores a receber (<span class=\"_ _1\"></span>Nota 4.2)<span class=\"_ _1\"></span> 499<span class=\"ls0\">.</span>143<span class=\"ls0\">.408  </span>317<span class=\"ls0\">.</span>882<span class=\"ls0\">.760  </span>Caixa e equiva<span class=\"_ _1\"></span>lentes de ca<span class=\"_ _1\"></span>ixa (Nota 5.9)<span class=\"_ _1\"></span> 343<span class=\"ls0\">.</span>083<span class=\"ls0\">.788  </span>239<span class=\"ls0\">.</span>171<span class=\"ls0\">.252  </span>867<span class=\"ls0\">.510.0<span class=\"_ _1\"></span>55  </span>565<span class=\"ls0\">.658.5<span class=\"_ _1\"></span>59  </span>Estrutura de antiguidade dos saldos de Clientes Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>os s<span class=\"_ _0\"></span>ald<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Cl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tav<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>igu<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade,<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo r<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>r\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alore<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> abe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es: Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 valores n\u00e3o venc<span class=\"_ _1\"></span>idos 300<span class=\"ls0\">.</span>633<span class=\"ls0\">.239  </span>208<span class=\"ls0\">.</span>051<span class=\"ls0\">.472  </span>de<span class=\"ls0\"> 1 a 90 dias<span class=\"_ _1\"></span> </span>40<span class=\"ls0\">.</span>593<span class=\"ls0\">.683  </span>2.<span class=\"ls24\">455</span>.066  de<span class=\"ls0\"> 91 a 180 d<span class=\"_ _1\"></span>ias </span>339<span class=\"ls0\">.</span>640 <span class=\"ls0\"> </span>199<span class=\"ls0\">.</span>088 <span class=\"ls0\"> </span>de 181 a 360 dias<span class=\"_ _1\"></span> 22<span class=\"ls0\">.</span>940 <span class=\"ls0\"> </span>83<span class=\"ls0\">.</span>457 <span class=\"ls0\"> </span>de 361a 540 d<span class=\"_ _1\"></span>ias 2.<span class=\"ls24\">224 </span> -  de 541 a 720 dias<span class=\"_ _1\"></span> 8.<span class=\"ls24\">507 </span> -  a mais de 721 d<span class=\"_ _1\"></span>ias 1.<span class=\"ls24\">226 </span> -  341<span class=\"ls0\">.601.4<span class=\"_ _1\"></span>58  </span>210<span class=\"ls0\">.789.0<span class=\"_ _1\"></span>83  </span>Saldos considerado<span class=\"_ _1\"></span>s em imparidad<span class=\"_ _1\"></span>e 6.<span class=\"ls24\">621</span>.084  2.<span class=\"ls24\">173</span>.128  Imparidades (6<span class=\"ls0\">.<span class=\"ls24\">621</span>.084)<span class=\"_ _1\"></span> </span>(2 173.<span class=\"ls24\">128)</span> Saldo l\u00edquido d<span class=\"_ _1\"></span>e Clientes (No<span class=\"_ _1\"></span>ta 4.2)<span class=\"_ _1\"></span> 341<span class=\"ls0\">.601.4<span class=\"_ _1\"></span>58  </span>210<span class=\"ls0\">.789.0<span class=\"_ _1\"></span>83  </span>Valores a receber de <span class=\"_ _1\"></span>Clientes <span class=\"_ _1\"></span>cobertos por seguro<span class=\"_ _1\"></span> de cr\u00e9dito<span class=\"_ _1\"></span> 314<span class=\"ls0\">.</span>114<span class=\"ls0\">.794  </span>191<span class=\"ls0\">.</span>731<span class=\"ls0\">.227  </span>Valores a receber de <span class=\"_ _1\"></span>Clientes <span class=\"_ _1\"></span>cobertos por garant<span class=\"_ _1\"></span>ias banc\u00e1rias<span class=\"_ _1\"></span> 3.<span class=\"ls24\">133</span>.247  2.<span class=\"ls24\">761</span>.574  Valores a receber de <span class=\"_ _1\"></span>Clientes <span class=\"_ _1\"></span>cobertos por acord<span class=\"_ _1\"></span>os de reserva de pro<span class=\"_ _1\"></span>priedade<span class=\"_ _1\"></span> 12<span class=\"ls0\">.</span>271<span class=\"ls0\">.335  </span>5.<span class=\"ls24\">464</span>.991  Valores a receber de <span class=\"_ _1\"></span>Clientes <span class=\"_ _1\"></span>cobertos por cartas<span class=\"_ _1\"></span> de cr\u00e9dito / remess<span class=\"_ _1\"></span>as document\u00e1rias<span class=\"_ _45\"></span> 9.<span class=\"ls24\">310</span>.135  5.<span class=\"ls24\">765</span>.396  Valores a receb<span class=\"_ _1\"></span>er cobertos<span class=\"_ _1\"></span> 338<span class=\"ls0\">.829.5<span class=\"_ _1\"></span>11  </span>205<span class=\"ls0\">.723.1<span class=\"_ _1\"></span>88  </span>Linhas de segur<span class=\"_ _1\"></span>o de cr\u00e9dito di<span class=\"_ _1\"></span>spon\u00edveis n\u00e3o uti<span class=\"_ _1\"></span>lizadas 459<span class=\"ls0\">.</span>495<span class=\"ls0\">.787  </span>353<span class=\"ls0\">.</span>731<span class=\"ls0\">.395  </span>Linhas de cobe<span class=\"_ _1\"></span>rtura de cr\u00e9dito <span class=\"_ _1\"></span>contratadas<span class=\"_ _1\"></span> 798<span class=\"ls0\">.325.2<span class=\"_ _1\"></span>98  </span>559<span class=\"ls0\">.454.5<span class=\"_ _1\"></span>83  </span>Os <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>sent<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>pon<span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, f<span class=\"_ _0\"></span>ace<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>raz<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>.  Os <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rto<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pei<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>viam<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ela <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>s\u00e3o Exe<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> (<span class=\"ff9\">\u20ac<span class=\"_ _0\"></span>2.<span class=\"_ _0\"></span>771<span class=\"_ _0\"></span>.94<span class=\"_ _0\"></span>7<span class=\"ff1 lsd\">).<span class=\"ls0\"> </span></span></span>Ape<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> na <span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>alg<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>ce <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>azos<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> n\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ta,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cord<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> inf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhec<span class=\"_ _0\"></span>imen<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e si<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>arid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ara <span class=\"_ _0\"></span>al\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>espo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>. Est<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>gul<span class=\"_ _0\"></span>arme<span class=\"_ _3b\"></span>nte r<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>nida<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpor<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> Cl<span class=\"_ _0\"></span>ien<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>mit<span class=\"_ _0\"></span>e, e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>conj<span class=\"_ _0\"></span>uga<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia <span class=\"_ _0\"></span>reu<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a an\u00e1<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>jug<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>stro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>dito<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> ver<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>m,<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>\u00e0 s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>urad<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>def<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>hec<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>isti<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m g<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>anti<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>uma <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>igni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>aldos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>aber<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>, ju<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> ter<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>alqu<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> sa<span class=\"_ _0\"></span>ldo<span class=\"_ _0\"></span>s. R<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>risc<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>egu<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>bert<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>cati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ald<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>abe<span class=\"_ _0\"></span>rto<span class=\"_ _0\"></span>. A a<span class=\"_ _0\"></span>n\u00e1l<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>teir<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sald<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>n\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s \u00e1<span class=\"_ _0\"></span>reas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>\u00f3cio<span class=\"_ _0\"></span> ana<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>sav<span class=\"_ _0\"></span>a-s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>como<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ue: A 31 de dezembr<span class=\"_ _1\"></span>o de 2022<span class=\"_ _1\"></span><span class=\"fc5\"> </span>Pasta  Papel  Papel  Valores em Euros<span class=\"_ _1\"></span> Mercado UWF Tissue<span class=\"ff3\"> </span>Energia Suporte Total valores n\u00e3o venc<span class=\"_ _1\"></span>idos 18<span class=\"ls0\">.</span>354<span class=\"ls0\">.214  </span>205<span class=\"ls0\">.</span>260<span class=\"ls0\">.083  </span>41<span class=\"ls0\">.</span>107<span class=\"ls0\">.860  </span>23<span class=\"ls0\">.</span>335<span class=\"ls0\">.066  </span>12<span class=\"ls0\">.</span>576<span class=\"ls0\">.016  </span>300<span class=\"ls0\">.</span>633<span class=\"ls0\">.239  </span>de<span class=\"ls0\"> 1 a 90 dias<span class=\"_ _1\"></span> </span>578<span class=\"ls0\">.</span>572 <span class=\"ls0\"> </span>35<span class=\"ls0\">.</span>168<span class=\"ls0\">.534  </span>3.<span class=\"ls24\">229</span>.499  124<span class=\"ls0\">.</span>008 <span class=\"ls0\"> </span>1.<span class=\"ls24\">493</span>.070  40<span class=\"ls0\">.</span>593<span class=\"ls0\">.683  </span>de<span class=\"ls0\"> 91 a 180 d<span class=\"_ _1\"></span>ias </span>7.<span class=\"ls24\">275 </span> -  42<span class=\"ls0\">.</span>050 <span class=\"ls0\"> </span>-  290<span class=\"ls0\">.</span>315 <span class=\"ls0\"> </span>339<span class=\"ls0\">.</span>640 <span class=\"ls0\"> </span>de 181 a 360 dias<span class=\"_ _1\"></span> -  -  9.<span class=\"ls24\">449 </span> -  13<span class=\"ls0\">.</span>490 <span class=\"ls0\"> </span>22<span class=\"ls0\">.</span>939 <span class=\"ls0\"> </span>de 361a 540 d<span class=\"_ _1\"></span>ias -  -  2.<span class=\"ls24\">224 </span> -  -  2.<span class=\"ls24\">224 </span> de 541 a 720 dias<span class=\"_ _1\"></span> -  -  8.<span class=\"ls24\">507 </span> -  -  8.<span class=\"ls24\">507 </span> a mais de 721 d<span class=\"_ _1\"></span>ias -  -  1.<span class=\"ls24\">226 </span> -  -  1.<span class=\"ls24\">226 </span> 18<span class=\"ls0\">.</span>940<span class=\"ls0\">.<span class=\"_ _1\"></span>061  </span>240<span class=\"ls0\">.428.6<span class=\"_ _1\"></span>17  </span>44<span class=\"ls0\">.</span>400<span class=\"ls0\">.<span class=\"_ _1\"></span>815  </span>23<span class=\"ls0\">.</span>459<span class=\"ls0\">.<span class=\"_ _1\"></span>074  </span>14<span class=\"ls0\">.</span>372<span class=\"ls0\">.<span class=\"_ _1\"></span>891  </span>341<span class=\"ls0\">.601.4<span class=\"_ _1\"></span>58  </span>A 31 de dezembr<span class=\"_ _1\"></span>o de 2021<span class=\"_ _1\"></span> Pasta  Papel  Papel  Valores em Euros<span class=\"_ _1\"></span> Mercado UWF Tissue<span class=\"ff3\"> </span>Energia Suporte Total valores n\u00e3o venc<span class=\"_ _1\"></span>idos 27<span class=\"ls0\">.</span>781<span class=\"ls0\">.181  </span>145<span class=\"ls0\">.</span>229<span class=\"ls0\">.659  </span>29<span class=\"ls0\">.</span>844<span class=\"ls0\">.012  </span>791<span class=\"ls0\">.</span>242 <span class=\"ls0\"> </span>4.<span class=\"ls24\">405</span>.378  208<span class=\"ls0\">.</span>051<span class=\"ls0\">.472  </span>de<span class=\"ls0\"> 1 a 90 dias<span class=\"_ _1\"></span> </span>-  -  1.<span class=\"ls24\">127</span>.754  -  1.<span class=\"ls24\">327</span>.312  2.<span class=\"ls24\">455</span>.066  de<span class=\"ls0\"> 91 a 180 d<span class=\"_ _1\"></span>ias </span>-  -  96<span class=\"ls0\">.</span>945 <span class=\"ls0\"> </span>-  102<span class=\"ls0\">.</span>143 <span class=\"ls0\"> </span>199<span class=\"ls0\">.</span>088 <span class=\"ls0\"> </span>de 181 a 360 dias<span class=\"_ _1\"></span> -  -  45<span class=\"ls0\">.</span>744 <span class=\"ls0\"> </span>-  37<span class=\"ls0\">.</span>713 <span class=\"ls0\"> </span>83<span class=\"ls0\">.</span>457 <span class=\"ls0\"> </span>de 361a 540 d<span class=\"_ _1\"></span>ias -  -  -  -  -  -  de 541 a 720 dias<span class=\"_ _1\"></span> -  -  -  -  -  -  a mais de 721 d<span class=\"_ _1\"></span>ias -  -  -  -  -  -  27<span class=\"ls0\">.</span>781<span class=\"ls0\">.<span class=\"_ _1\"></span>181  </span>145<span class=\"ls0\">.229.6<span class=\"_ _1\"></span>59  </span>31<span class=\"ls0\">.</span>114<span class=\"ls0\">.<span class=\"_ _1\"></span>455  </span>791<span class=\"ls0\">.242 <span class=\"_ _1\"></span> </span>5.872.<span class=\"ls2b\">546 <span class=\"_ _1\"></span></span> 210<span class=\"ls0\">.789.0<span class=\"_ _1\"></span>83  </span>A t<span class=\"_ _0\"></span>abe<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>apre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>isco<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>r\u00e9d<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 31<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1, <span class=\"_ _0\"></span>fac<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>finan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os (<span class=\"_ _0\"></span>Cai<span class=\"_ _0\"></span>xa<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>equ<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ale<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>(Ma<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr\u00e9<span class=\"_ _0\"></span>dito<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>r\u00eas<span class=\"_ _0\"></span> ag<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cias<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng,<span class=\"_ _0\"></span> <span class=\"ff9\">St<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>ard<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>d <span class=\"_ _0\"></span>Poo<span class=\"_ _0\"></span>r\u2019s,<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>tc<span class=\"_ _0\"></span>h o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>Moo<span class=\"_ _0\"></span>dy\u2019<span class=\"_ _0\"></span>s<span class=\"ff7\">)<span class=\"ff1 lsd\">: <span class=\"ls0\"> </span></span></span></span>Institui\u00e7\u00f5es Fi<span class=\"_ _1\"></span>nanceiras<span class=\"_ _1\"></span> Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Rating AA<span class=\"ls0\"> </span>6.<span class=\"ls24\">231</span>.679 9.<span class=\"ls24\">801</span>.253 AA<span class=\"ls0\">- </span>74<span class=\"ls0\">.</span>995<span class=\"ls0\">.499 </span>- A+<span class=\"ls0\"> </span>122 316.040 84<span class=\"ls0\">.</span>976<span class=\"ls0\">.652 </span>A 476<span class=\"ls0\">.</span>414 6.<span class=\"ls24\">609</span>.078 A- 83<span class=\"ls0\">.</span>063<span class=\"ls0\">.488 </span>61<span class=\"ls0\">.</span>586<span class=\"ls0\">.886 </span>BBB+<span class=\"ls0\"> </span>- - BBB<span class=\"ls0\"> </span>51<span class=\"ls0\">.</span>917<span class=\"ls0\">.908 </span>73<span class=\"ls0\">.</span>253<span class=\"ls0\">.991 </span>BBB<span class=\"ls0\">- </span>- - BB+<span class=\"ls0\"> </span>186<span class=\"ls0\">.</span>584 60<span class=\"ls0\">.</span>468 BB - 108<span class=\"ls0\">.</span>006 BB<span class=\"ls0\">- </span>899<span class=\"ls0\">.</span>601 - B+<span class=\"ls0\"> </span>- - B - 179<span class=\"ls0\">.</span>662 B- - - Outros 2.<span class=\"ls24\">996</span>.574 2.<span class=\"ls24\">595</span>.255 343<span class=\"ls0\">.083.7<span class=\"_ _1\"></span>88 </span>239<span class=\"ls0\">.171.2<span class=\"_ _1\"></span>52 </span>Os <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> \u201cOu<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>\u201d inc<span class=\"_ _0\"></span>lue<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>\u00f3si<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ba<span class=\"_ _0\"></span>nc\u00e1<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ban<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u <span class=\"ff1\">e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>m n<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> </span>de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>atin<span class=\"_ _0\"></span>g, <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>adame<span class=\"_ _3b\"></span>nte <span class=\"_ _0\"></span>banc<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>cais<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Mo\u00e7<span class=\"_ _0\"></span>ambi<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ucu<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ange<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span>s. O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> tem<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>pol<span class=\"_ _0\"></span>\u00edti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>rigo<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>as c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rap<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s, l<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a sua<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xpo<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ord<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a an<span class=\"_ _0\"></span>\u00e1l<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>div<span class=\"_ _0\"></span>idu<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> <span class=\"ff7\">pl<span class=\"_ _0\"></span>afo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s<span class=\"ff1\"> pr<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>iame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e </span></span>apr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCreditRiskExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-187-3": {
   "value": "Pol\u00edticas Contabil\u00edsticas Imp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>alia<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>osp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>\u00e9dit<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>os s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e a<span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rdo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> IFR<span class=\"_ _0\"></span>S <span class=\"_ _0\"></span>9. Ne<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhec<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span><span class=\"ff7\">ex<span class=\"_ _0\"></span>pec<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span> los<span class=\"_ _0\"></span>ses<span class=\"ff1\">)<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> </span></span>lo<span class=\"_ _0\"></span>ngo<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>o ob<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>lia<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>num<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>base<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vidu<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> ou <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>let<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>a, t<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rma\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>sus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s, i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lui<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ospe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>pon\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>. Se,<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>risc<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>inst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> ti<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span> aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>nifi<span class=\"_ _0\"></span>cat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nici<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o me<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>impa<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>se i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>trum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> fina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ntia<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>quiv<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> \u00e0<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>to es<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s. A IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>v\u00ea<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>o c\u00e1<span class=\"_ _0\"></span>lcu<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>seja<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>iliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>doi<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>odel<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span><span class=\"lsd\">: </span>m\u00e9<span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>3 <span class=\"_ _0\"></span>fas<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> us<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>riz<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>compo<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>st\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>u n<span class=\"_ _0\"></span>\u00e3o de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nifi<span class=\"_ _0\"></span>cat<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>. N<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>caso<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ncei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r,<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>esma<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tui\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceira<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nham<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>nifi<span class=\"_ _0\"></span>cat<span class=\"_ _0\"></span>iva <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>pto<span class=\"_ _0\"></span>u-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>riz.<span class=\"_ _0\"></span> O m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ordo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span>\u00e9 c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ue: i.<span class=\"_ _a9\"> </span><span class=\"ls0\">Ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>otal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> a c<span class=\"_ _0\"></span>r\u00e9<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>dur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> \u00fal<span class=\"_ _0\"></span>timo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>12</span>me<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>im <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>o mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>duv<span class=\"_ _0\"></span>idos<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>hes<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>cia;ii.<span class=\"_ _a9\"> </span><span class=\"ls0\">Ap<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> Cl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>finid<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>erv<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>iod<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e</span>re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>;iii<span class=\"_ _0\"></span>.<span class=\"_ _af\"> </span>Com<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m I.<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> II.<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>a, e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rob<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff7\">de<span class=\"_ _0\"></span>fau<span class=\"_ _0\"></span>lt<span class=\"ff1\"> <span class=\"_ _0\"></span>(o<span class=\"_ _0\"></span>u se<span class=\"_ _0\"></span>j<span class=\"_ _0\"></span>a, o<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ante</span></span>de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>bra<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>uvid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>pur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m I.<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>saldo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>vend<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>to e<span class=\"_ _0\"></span>mcad<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>alc<span class=\"_ _0\"></span>ulad<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m I<span class=\"_ _0\"></span>I.<span class=\"lsd\">);</span>iv<span class=\"_ _0\"></span>.<span class=\"_ _af\"> </span>Aju<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntag<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>btid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> III.<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>uras<span class=\"_ _0\"></span>;v.<span class=\"_ _af\"> </span><span class=\"ls0\">Apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tag<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"ff7\">de<span class=\"_ _0\"></span>fa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t<span class=\"ff1\"> c<span class=\"_ _0\"></span>onf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>calc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s em<span class=\"_ _0\"></span> IV. <span class=\"_ _3b\"></span>aos s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Clie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s</span></span></span>ain<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>.Ape<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>IFRS<span class=\"_ _0\"></span> 9 <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>umi<span class=\"_ _0\"></span>r 90<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo <span class=\"_ _0\"></span>\u201c<span class=\"ff7\">d<span class=\"_ _0\"></span>efa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t<span class=\"ff9\">\u201d,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o N<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> 180 <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> </span></span>po<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xpe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>\u00eanci<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>este<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>raz<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span><span class=\"ls12\">\u00e9 <span class=\"ls0\">redu<span class=\"_ _0\"></span>zid<span class=\"_ _0\"></span>a,<span class=\"_ _0\"></span> al\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>r al<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>had<span class=\"_ _0\"></span>o </span></span>com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>pol<span class=\"_ _0\"></span>\u00edti<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>nome<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> diz<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>trat<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpo<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ament<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e0 l<span class=\"_ _0\"></span>uz<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _0\"></span>5.<span class=\"_ _0\"></span> Ad<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>onal<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>vali<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> o i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> 18<span class=\"_ _0\"></span><span class=\"ff9\">0 d<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u201c<span class=\"ff7\">d<span class=\"_ _0\"></span>efa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t<span class=\"ff9\">\u201d <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>det<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 90 d<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>\u201c<span class=\"ff7\">Ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>cte<span class=\"_ _0\"></span>d <span class=\"_ _0\"></span>Credi<span class=\"_ _0\"></span>t <span class=\"_ _0\"></span>Loss<span class=\"_ _0\"></span><span class=\"ff9\">\u201d n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> </span></span></span></span></span>alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>cat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>. Al\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>odel<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ela <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>caso<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e si<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ora <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>atad<span class=\"_ _0\"></span>a,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 5%<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span><span class=\"ls93\">10%<span class=\"ls0\"> <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a C<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>naci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais)<span class=\"_ _0\"></span>. </span></span>Fac<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u00e0 s<span class=\"_ _0\"></span>itu<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>do c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>fli<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>mili<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r n<span class=\"_ _0\"></span>a U<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>\u00e2nia<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>isco<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e cr<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, con<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>n\u00f3m<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>o-f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>mac<span class=\"_ _0\"></span>roe<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n\u00f3mi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>. Ne<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>refe<span class=\"_ _0\"></span>r\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de d<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, <span class=\"_ _0\"></span>foi<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>r\u00e7a<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> o v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de re<span class=\"_ _0\"></span>cup<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>abili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> \u20ac1<span class=\"_ _0\"></span>.17<span class=\"_ _0\"></span>1.78<span class=\"_ _0\"></span>8<span class=\"ff1\"> <span class=\"_ _0\"></span><span class=\"lsd\">(31<span class=\"ls0\"> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>zem<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>021<span class=\"lsd\">: </span><span class=\"ff9\">r<span class=\"_ _0\"></span>edu<span class=\"_ _0\"></span>zid<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m \u20ac<span class=\"_ _0\"></span>12<span class=\"_ _0\"></span>3.1<span class=\"_ _0\"></span>46<span class=\"_ _0\"></span><span class=\"ff1 lsd\">).<span class=\"ls0\"> </span></span></span></span></span></span>Al\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>so,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhece<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>casu<span class=\"_ _0\"></span>\u00edst<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s es<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c\u00edfi<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ev<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>sado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>ec\u00ed<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>onta<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> hi<span class=\"_ _0\"></span>st\u00f3<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>as con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>apa<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>es,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>u pe<span class=\"_ _0\"></span>rfi<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ros <span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>v\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ir <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>iste<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dica<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> obj<span class=\"_ _3b\"></span>etivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de i<span class=\"_ _0\"></span>mpar<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>inan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span><span class=\"ls10\">. <span class=\"ls0\">O Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>za <span class=\"_ _0\"></span>o </span></span>pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>anu<span class=\"_ _0\"></span>la\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>(<span class=\"ff7\">wr<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>-o<span class=\"_ _0\"></span>ff<span class=\"ff1\">)<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rado<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nit<span class=\"_ _0\"></span>ivam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te </span></span>in<span class=\"_ _0\"></span>cobr<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>, po<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>unal<span class=\"_ _3b\"></span>.<span class=\"_ _1\"></span> ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-187-4": {
   "value": "Pol\u00edticas Contabil\u00edsticas Imp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>alia<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>osp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>\u00e9dit<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>os s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e a<span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rdo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> IFR<span class=\"_ _0\"></span>S <span class=\"_ _0\"></span>9. Ne<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhec<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span><span class=\"ff7\">ex<span class=\"_ _0\"></span>pec<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span> los<span class=\"_ _0\"></span>ses<span class=\"ff1\">)<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> </span></span>lo<span class=\"_ _0\"></span>ngo<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>o ob<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>lia<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>num<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>base<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vidu<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> ou <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>let<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>a, t<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rma\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>sus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s, i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lui<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ospe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>pon\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>. Se,<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>risc<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>inst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> ti<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span> aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>nifi<span class=\"_ _0\"></span>cat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nici<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o me<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>impa<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>se i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>trum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> fina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ntia<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>quiv<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> \u00e0<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>to es<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s. A IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>v\u00ea<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>o c\u00e1<span class=\"_ _0\"></span>lcu<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>seja<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>iliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>doi<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>odel<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span><span class=\"lsd\">: </span>m\u00e9<span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>3 <span class=\"_ _0\"></span>fas<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> us<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>riz<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>compo<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>st\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>u n<span class=\"_ _0\"></span>\u00e3o de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nifi<span class=\"_ _0\"></span>cat<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>. N<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>caso<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ncei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r,<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>esma<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tui\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceira<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nham<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>nifi<span class=\"_ _0\"></span>cat<span class=\"_ _0\"></span>iva <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>pto<span class=\"_ _0\"></span>u-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>riz.<span class=\"_ _0\"></span> O m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ordo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span>\u00e9 c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ue: i.<span class=\"_ _a9\"> </span><span class=\"ls0\">Ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>otal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> a c<span class=\"_ _0\"></span>r\u00e9<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>dur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> \u00fal<span class=\"_ _0\"></span>timo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>12</span>me<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>im <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>o mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>duv<span class=\"_ _0\"></span>idos<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>hes<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>cia;ii.<span class=\"_ _a9\"> </span><span class=\"ls0\">Ap<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> Cl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>finid<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>erv<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>iod<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e</span>re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>;iii<span class=\"_ _0\"></span>.<span class=\"_ _af\"> </span>Com<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m I.<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> II.<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>a, e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rob<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff7\">de<span class=\"_ _0\"></span>fau<span class=\"_ _0\"></span>lt<span class=\"ff1\"> <span class=\"_ _0\"></span>(o<span class=\"_ _0\"></span>u se<span class=\"_ _0\"></span>j<span class=\"_ _0\"></span>a, o<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ante</span></span>de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>bra<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>uvid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>pur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m I.<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>saldo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>vend<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>to e<span class=\"_ _0\"></span>mcad<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>alc<span class=\"_ _0\"></span>ulad<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m I<span class=\"_ _0\"></span>I.<span class=\"lsd\">);</span>iv<span class=\"_ _0\"></span>.<span class=\"_ _af\"> </span>Aju<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntag<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>btid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> III.<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>uras<span class=\"_ _0\"></span>;v.<span class=\"_ _af\"> </span><span class=\"ls0\">Apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tag<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"ff7\">de<span class=\"_ _0\"></span>fa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t<span class=\"ff1\"> c<span class=\"_ _0\"></span>onf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>calc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s em<span class=\"_ _0\"></span> IV. <span class=\"_ _3b\"></span>aos s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Clie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s</span></span></span>ain<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>.Ape<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>IFRS<span class=\"_ _0\"></span> 9 <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>umi<span class=\"_ _0\"></span>r 90<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo <span class=\"_ _0\"></span>\u201c<span class=\"ff7\">d<span class=\"_ _0\"></span>efa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t<span class=\"ff9\">\u201d,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o N<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> 180 <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> </span></span>po<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xpe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>\u00eanci<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>este<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>raz<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span><span class=\"ls12\">\u00e9 <span class=\"ls0\">redu<span class=\"_ _0\"></span>zid<span class=\"_ _0\"></span>a,<span class=\"_ _0\"></span> al\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>r al<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>had<span class=\"_ _0\"></span>o </span></span>com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>pol<span class=\"_ _0\"></span>\u00edti<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>nome<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> diz<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>trat<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpo<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ament<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e0 l<span class=\"_ _0\"></span>uz<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _0\"></span>5.<span class=\"_ _0\"></span> Ad<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>onal<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>vali<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> o i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> 18<span class=\"_ _0\"></span><span class=\"ff9\">0 d<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u201c<span class=\"ff7\">d<span class=\"_ _0\"></span>efa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t<span class=\"ff9\">\u201d <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>det<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 90 d<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>\u201c<span class=\"ff7\">Ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>cte<span class=\"_ _0\"></span>d <span class=\"_ _0\"></span>Credi<span class=\"_ _0\"></span>t <span class=\"_ _0\"></span>Loss<span class=\"_ _0\"></span><span class=\"ff9\">\u201d n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> </span></span></span></span></span>alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>cat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>. Al\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>odel<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ela <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>caso<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e si<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ora <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>atad<span class=\"_ _0\"></span>a,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 5%<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span><span class=\"ls93\">10%<span class=\"ls0\"> <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a C<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>naci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais)<span class=\"_ _0\"></span>. </span></span>Fac<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u00e0 s<span class=\"_ _0\"></span>itu<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>do c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>fli<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>mili<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r n<span class=\"_ _0\"></span>a U<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>\u00e2nia<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>isco<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e cr<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, con<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>n\u00f3m<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>o-f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>mac<span class=\"_ _0\"></span>roe<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n\u00f3mi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>. Ne<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>refe<span class=\"_ _0\"></span>r\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de d<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, <span class=\"_ _0\"></span>foi<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>r\u00e7a<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> o v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de re<span class=\"_ _0\"></span>cup<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>abili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> \u20ac1<span class=\"_ _0\"></span>.17<span class=\"_ _0\"></span>1.78<span class=\"_ _0\"></span>8<span class=\"ff1\"> <span class=\"_ _0\"></span><span class=\"lsd\">(31<span class=\"ls0\"> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>zem<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>021<span class=\"lsd\">: </span><span class=\"ff9\">r<span class=\"_ _0\"></span>edu<span class=\"_ _0\"></span>zid<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m \u20ac<span class=\"_ _0\"></span>12<span class=\"_ _0\"></span>3.1<span class=\"_ _0\"></span>46<span class=\"_ _0\"></span><span class=\"ff1 lsd\">).<span class=\"ls0\"> </span></span></span></span></span></span>Al\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>so,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhece<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>casu<span class=\"_ _0\"></span>\u00edst<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s es<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c\u00edfi<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ev<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>sado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>ec\u00ed<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>onta<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> hi<span class=\"_ _0\"></span>st\u00f3<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>as con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>apa<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>es,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>u pe<span class=\"_ _0\"></span>rfi<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ros <span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>v\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ir <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>iste<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dica<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> obj<span class=\"_ _3b\"></span>etivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de i<span class=\"_ _0\"></span>mpar<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>inan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span><span class=\"ls10\">. <span class=\"ls0\">O Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>za <span class=\"_ _0\"></span>o </span></span>pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>anu<span class=\"_ _0\"></span>la\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>(<span class=\"ff7\">wr<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>-o<span class=\"_ _0\"></span>ff<span class=\"ff1\">)<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rado<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nit<span class=\"_ _0\"></span>ivam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te </span></span>in<span class=\"_ _0\"></span>cobr<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>, po<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>unal<span class=\"_ _3b\"></span>.<span class=\"_ _1\"></span> ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfFinancialAssetsExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-193-3": {
   "value": "Pol\u00edticas Contabil\u00edsticas O j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s In<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>ncon<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a-s<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu\u00ed<span class=\"_ _0\"></span>do n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> V<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> a p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 4.<span class=\"_ _0\"></span>3)<span class=\"_ _0\"></span>, qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>Val<span class=\"_ _0\"></span>ores<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span> (N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 4<span class=\"_ _0\"></span>.2)<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do po<span class=\"_ _0\"></span>siti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>. Con<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> In<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>opto<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>r a <span class=\"_ _0\"></span>apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> </span></span>os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>abili<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na IA<span class=\"_ _0\"></span>S 3<span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> In<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> </span></span>qu<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>aior<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>bilid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>roj<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Dynam<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span> Ri<span class=\"_ _0\"></span>sk<span class=\"_ _0\"></span> Ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span><span class=\"ff7\"> (m<span class=\"_ _0\"></span>acro<span class=\"_ _0\"></span> </span>he<span class=\"_ _0\"></span>dgi<span class=\"_ _3b\"></span>ng<span class=\"ff1\">) at<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>rso<span class=\"_ _0\"></span>. </span>Sem<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xpe<span class=\"_ _0\"></span>cta<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>olu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o ou<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>\u00e2m<span class=\"_ _0\"></span>bio <span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>m,<span class=\"_ _0\"></span> o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ocu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>atar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rtur<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>os, <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>deri<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> <span class=\"ff7\">i<span class=\"_ _0\"></span>nter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>wap<span class=\"_ _0\"></span>s<span class=\"ff1\"> (<span class=\"_ _0\"></span>IRS)<span class=\"_ _0\"></span>, <span class=\"ff7\">c<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>lar<span class=\"_ _0\"></span>s<span class=\"ff1\"> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> </span></span></span></span>c\u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span><span class=\"ff7\">for<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span><span class=\"ff1\"> c<span class=\"_ _0\"></span>ambi<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s, et<span class=\"_ _0\"></span>c. </span></span>Ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _3b\"></span>o<span class=\"_ _1\"></span> Ape<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rata<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ponde<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>em a<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>rum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> efi<span class=\"_ _0\"></span>caze<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n\u00f3<span class=\"_ _0\"></span>mica<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ri<span class=\"_ _0\"></span>scos<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>nem<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>odos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>qual<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>stru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>ertu<span class=\"_ _0\"></span>ra con<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>\u00edsti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cord<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>as e<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>equi<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> apli<span class=\"_ _0\"></span>c\u00e1<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>is.<span class=\"_ _0\"></span> Os<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>fiq<span class=\"_ _0\"></span>uem<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>ntos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cobe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ica <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na P<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> seu<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>aria<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>mes<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>ndim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>(No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>5.<span class=\"_ _0\"></span>11)<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>u, <span class=\"_ _0\"></span>em For<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>Ser<span class=\"_ _0\"></span>vi\u00e7<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> Ext<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> (N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>.3)<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> R\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>to (N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 2<span class=\"_ _0\"></span>.1)<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fir<span class=\"_ _0\"></span>am \u00e0<span class=\"_ _0\"></span> cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>flu<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>eda <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sent<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o. Ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>ura Os <span class=\"_ _0\"></span>Inst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a fi<span class=\"_ _0\"></span>ns <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>dos con<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>isti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de c<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tura<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esd<span class=\"_ _0\"></span>e q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>cum<span class=\"_ _0\"></span>pra<span class=\"_ _0\"></span>m, <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>mul<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte,<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>as con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> IAS <span class=\"_ _0\"></span>39<span class=\"_ _0\"></span>. Cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>flu<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a (r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>de t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>c\u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> <span class=\"ff7\">co<span class=\"_ _0\"></span>mmod<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"ff1\"> - <span class=\"_ _0\"></span>BH<span class=\"_ _0\"></span>KP) </span></span>O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o da<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>\u00e0s <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>c\u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>o, r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ober<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>uxo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a. Est<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7\u00e3<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>alar<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>u j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a me<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>jam<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>zes<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> jus<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nici<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Se <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nefi<span class=\"_ _0\"></span>caz<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u a <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>a da<span class=\"_ _0\"></span>\u00ed d<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e \u00e9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gist<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>m re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>acu<span class=\"_ _0\"></span>mul<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os em<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsf<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o o <span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>afe<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>tado<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xem<span class=\"_ _0\"></span>plo,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>tura<span class=\"_ _0\"></span> cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> mat<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>iza)<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>O g<span class=\"_ _0\"></span>anh<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>a pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pon<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>caz<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>swa<span class=\"_ _0\"></span>ps d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>taxa<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ju<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cobr<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>\u00e9 r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>rubr<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e Re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>5.1<span class=\"_ _0\"></span>1).<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nto,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>a, o<span class=\"_ _0\"></span>rig<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>heci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>o n\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>(po<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>o, in<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>t\u00e1r<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fix<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>tang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rda<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ior<span class=\"_ _3b\"></span>mente<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rido<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>\u00eddo<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>. Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>umen<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> ven<span class=\"_ _0\"></span>dido<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>r o<span class=\"_ _0\"></span>s cr<span class=\"_ _0\"></span>it\u00e9<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>xigi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>seja<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tabi<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rdas<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>apita<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00f3pri<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>cicl<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ara <span class=\"_ _0\"></span>a D<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>to q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> o i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cobe<span class=\"_ _0\"></span>rto<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>anh<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>acum<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>apit<span class=\"_ _0\"></span>al p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>o a <span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>no c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span>l p<span class=\"_ _0\"></span>r\u00f3<span class=\"_ _0\"></span>prio<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue a<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>r\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>clad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uand<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>na Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"ff7\"> </span>Ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>liza<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>upo <span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor Der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os c<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> neg<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>tem <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>bial<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ndas<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>fat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>\u00e2nc<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> d\u00f3l<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>nor<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>-ame<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> (U<span class=\"_ _0\"></span>SD) <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>libr<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>(G<span class=\"_ _0\"></span>BP)<span class=\"_ _0\"></span>. U<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>vez<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>emo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>ros,<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sta <span class=\"_ _0\"></span>a um<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n\u00f3m<span class=\"_ _0\"></span>ico<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a con<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s fl<span class=\"_ _0\"></span>ux<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>oe<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> o e<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> O <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>\u00e9m,<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>bor<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>gun<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>exp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> fun<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Des<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> mod<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tura<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo o<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> o s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7\u00e3<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eira<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>moe<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>dife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>apre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a as<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pet<span class=\"_ _0\"></span>ivas<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es c<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s. Os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tura <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> nes<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> <span class=\"ff7\">fo<span class=\"_ _0\"></span>rw<span class=\"_ _0\"></span>ard<span class=\"_ _0\"></span>s<span class=\"ff1\"> <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>bia<span class=\"_ _0\"></span>is,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>atad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> </span></span>sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>posi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o l\u00ed<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> moe<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>oe<span class=\"_ _0\"></span>da d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>apre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tant<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e dat<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>enci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>\u00f3xi<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>eza<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rto<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>vari<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o cam<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>regi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>titu<span class=\"_ _0\"></span>lad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>oed<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a mo<span class=\"_ _0\"></span>eda<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> m\u00ea<span class=\"_ _0\"></span>s \u00e9<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>a uma<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> sald<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Cli<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> F<span class=\"_ _0\"></span>orne<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, cu<span class=\"_ _0\"></span>jo<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>anh<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>u p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>a \u00e9<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ompe<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r do<span class=\"_ _0\"></span>s <span class=\"ff7\">f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ward<span class=\"_ _0\"></span>s<span class=\"ff1\"> <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s. </span></span>Cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ndas<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> | R<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>bial<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>UR/<span class=\"_ _0\"></span>USD<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>EU<span class=\"_ _0\"></span>R/<span class=\"_ _0\"></span>GBP O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u00e0 u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om o<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> l<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> o ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>exp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ambi<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e0s <span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>as e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>USD<span class=\"_ _0\"></span> e GBP<span class=\"_ _0\"></span>. Cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>flu<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a | <span class=\"_ _0\"></span>Tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>ro O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>cede<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pag<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> jur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>utur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>soci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>\u00e0s em<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>gaci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> sw<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ga <span class=\"_ _0\"></span>uma <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>taxa <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l.<span class=\"_ _0\"></span> O r<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>erid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>inst<span class=\"_ _0\"></span>rum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>\u00e9 de<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rtu<span class=\"_ _0\"></span>ra d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ux<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>ama <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span> ao <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9st<span class=\"_ _0\"></span>imo<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>rig<span class=\"_ _0\"></span>acio<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>sta. Cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>flu<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a | <span class=\"_ _0\"></span><span class=\"ff7\">Com<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span><span class=\"ff1\"> -<span class=\"_ _0\"></span> BH<span class=\"_ _0\"></span>KP </span></span>O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>usa i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>deri<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>miz<span class=\"_ _0\"></span>ar o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xpos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>var<span class=\"_ _0\"></span>ia\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>e\u00e7o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>xa<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>PIX,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m U<span class=\"_ _0\"></span>SD.<span class=\"_ _3b\"></span> ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-193-4": {
   "value": "Pol\u00edticas Contabil\u00edsticas O j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s In<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>ncon<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a-s<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu\u00ed<span class=\"_ _0\"></span>do n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> V<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> a p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 4.<span class=\"_ _0\"></span>3)<span class=\"_ _0\"></span>, qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>Val<span class=\"_ _0\"></span>ores<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span> (N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 4<span class=\"_ _0\"></span>.2)<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do po<span class=\"_ _0\"></span>siti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>. Con<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> In<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>opto<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>r a <span class=\"_ _0\"></span>apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> </span></span>os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>abili<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na IA<span class=\"_ _0\"></span>S 3<span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> In<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> </span></span>qu<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>aior<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>bilid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>roj<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Dynam<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span> Ri<span class=\"_ _0\"></span>sk<span class=\"_ _0\"></span> Ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span><span class=\"ff7\"> (m<span class=\"_ _0\"></span>acro<span class=\"_ _0\"></span> </span>he<span class=\"_ _0\"></span>dgi<span class=\"_ _3b\"></span>ng<span class=\"ff1\">) at<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>rso<span class=\"_ _0\"></span>. </span>Sem<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xpe<span class=\"_ _0\"></span>cta<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>olu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o ou<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>\u00e2m<span class=\"_ _0\"></span>bio <span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>m,<span class=\"_ _0\"></span> o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ocu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>atar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rtur<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>os, <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>deri<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> <span class=\"ff7\">i<span class=\"_ _0\"></span>nter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>wap<span class=\"_ _0\"></span>s<span class=\"ff1\"> (<span class=\"_ _0\"></span>IRS)<span class=\"_ _0\"></span>, <span class=\"ff7\">c<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>lar<span class=\"_ _0\"></span>s<span class=\"ff1\"> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> </span></span></span></span>c\u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span><span class=\"ff7\">for<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span><span class=\"ff1\"> c<span class=\"_ _0\"></span>ambi<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s, et<span class=\"_ _0\"></span>c. </span></span>Ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _3b\"></span>o<span class=\"_ _1\"></span> Ape<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rata<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ponde<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>em a<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>rum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> efi<span class=\"_ _0\"></span>caze<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n\u00f3<span class=\"_ _0\"></span>mica<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ri<span class=\"_ _0\"></span>scos<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>nem<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>odos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>qual<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>stru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>ertu<span class=\"_ _0\"></span>ra con<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>\u00edsti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cord<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>as e<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>equi<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> apli<span class=\"_ _0\"></span>c\u00e1<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>is.<span class=\"_ _0\"></span> Os<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>fiq<span class=\"_ _0\"></span>uem<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>ntos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cobe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ica <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na P<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> seu<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>aria<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>mes<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>ndim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>(No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>5.<span class=\"_ _0\"></span>11)<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>u, <span class=\"_ _0\"></span>em For<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>Ser<span class=\"_ _0\"></span>vi\u00e7<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> Ext<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> (N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>.3)<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> R\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>to (N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 2<span class=\"_ _0\"></span>.1)<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fir<span class=\"_ _0\"></span>am \u00e0<span class=\"_ _0\"></span> cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>flu<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>eda <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sent<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o. Ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>ura Os <span class=\"_ _0\"></span>Inst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a fi<span class=\"_ _0\"></span>ns <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>dos con<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>isti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de c<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tura<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esd<span class=\"_ _0\"></span>e q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>cum<span class=\"_ _0\"></span>pra<span class=\"_ _0\"></span>m, <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>mul<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte,<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>as con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> IAS <span class=\"_ _0\"></span>39<span class=\"_ _0\"></span>. Cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>flu<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a (r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>de t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>c\u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> <span class=\"ff7\">co<span class=\"_ _0\"></span>mmod<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"ff1\"> - <span class=\"_ _0\"></span>BH<span class=\"_ _0\"></span>KP) </span></span>O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o da<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>\u00e0s <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>c\u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>o, r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ober<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>uxo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a. Est<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7\u00e3<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>alar<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>u j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a me<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>jam<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>zes<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> jus<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nici<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Se <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nefi<span class=\"_ _0\"></span>caz<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u a <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>a da<span class=\"_ _0\"></span>\u00ed d<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e \u00e9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gist<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>m re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>acu<span class=\"_ _0\"></span>mul<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os em<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsf<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o o <span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>afe<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>tado<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xem<span class=\"_ _0\"></span>plo,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>tura<span class=\"_ _0\"></span> cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> mat<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>iza)<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>O g<span class=\"_ _0\"></span>anh<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>a pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pon<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>caz<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>swa<span class=\"_ _0\"></span>ps d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>taxa<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ju<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cobr<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>\u00e9 r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>rubr<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e Re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>5.1<span class=\"_ _0\"></span>1).<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nto,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>a, o<span class=\"_ _0\"></span>rig<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>heci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>o n\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>(po<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>o, in<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>t\u00e1r<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fix<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>tang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rda<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ior<span class=\"_ _3b\"></span>mente<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rido<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>\u00eddo<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>. Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>umen<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> ven<span class=\"_ _0\"></span>dido<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>r o<span class=\"_ _0\"></span>s cr<span class=\"_ _0\"></span>it\u00e9<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>xigi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>seja<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tabi<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rdas<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>apita<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00f3pri<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>cicl<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ara <span class=\"_ _0\"></span>a D<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>to q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> o i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cobe<span class=\"_ _0\"></span>rto<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>anh<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>acum<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>apit<span class=\"_ _0\"></span>al p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>o a <span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>no c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span>l p<span class=\"_ _0\"></span>r\u00f3<span class=\"_ _0\"></span>prio<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue a<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>r\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>clad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uand<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>na Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"ff7\"> </span>Ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>liza<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>upo <span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor Der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os c<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> neg<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>tem <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>bial<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ndas<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>fat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>\u00e2nc<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> d\u00f3l<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>nor<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>-ame<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> (U<span class=\"_ _0\"></span>SD) <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>libr<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>(G<span class=\"_ _0\"></span>BP)<span class=\"_ _0\"></span>. U<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>vez<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>emo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>ros,<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sta <span class=\"_ _0\"></span>a um<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n\u00f3m<span class=\"_ _0\"></span>ico<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a con<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s fl<span class=\"_ _0\"></span>ux<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>oe<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> o e<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> O <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>\u00e9m,<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>bor<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>gun<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>exp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> fun<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Des<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> mod<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tura<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo o<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> o s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7\u00e3<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eira<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>moe<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>dife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>apre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a as<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pet<span class=\"_ _0\"></span>ivas<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es c<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s. Os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tura <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> nes<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> <span class=\"ff7\">fo<span class=\"_ _0\"></span>rw<span class=\"_ _0\"></span>ard<span class=\"_ _0\"></span>s<span class=\"ff1\"> <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>bia<span class=\"_ _0\"></span>is,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>atad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> </span></span>sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>posi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o l\u00ed<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> moe<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>oe<span class=\"_ _0\"></span>da d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>apre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tant<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e dat<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>enci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>\u00f3xi<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>eza<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rto<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>vari<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o cam<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>regi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>titu<span class=\"_ _0\"></span>lad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>oed<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a mo<span class=\"_ _0\"></span>eda<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> m\u00ea<span class=\"_ _0\"></span>s \u00e9<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>a uma<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> sald<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Cli<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> F<span class=\"_ _0\"></span>orne<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, cu<span class=\"_ _0\"></span>jo<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>anh<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>u p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>a \u00e9<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ompe<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r do<span class=\"_ _0\"></span>s <span class=\"ff7\">f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ward<span class=\"_ _0\"></span>s<span class=\"ff1\"> <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s. </span></span>Cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ndas<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> | R<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>bial<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>UR/<span class=\"_ _0\"></span>USD<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>EU<span class=\"_ _0\"></span>R/<span class=\"_ _0\"></span>GBP O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u00e0 u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om o<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> l<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> o ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>exp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ambi<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e0s <span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>as e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>USD<span class=\"_ _0\"></span> e GBP<span class=\"_ _0\"></span>. Cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>flu<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a | <span class=\"_ _0\"></span>Tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>ro O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>cede<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pag<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> jur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>utur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>soci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>\u00e0s em<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>gaci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> sw<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ga <span class=\"_ _0\"></span>uma <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>taxa <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l.<span class=\"_ _0\"></span> O r<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>erid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>inst<span class=\"_ _0\"></span>rum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>\u00e9 de<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rtu<span class=\"_ _0\"></span>ra d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ux<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>ama <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span> ao <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9st<span class=\"_ _0\"></span>imo<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>rig<span class=\"_ _0\"></span>acio<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>sta. Cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>flu<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a | <span class=\"_ _0\"></span><span class=\"ff7\">Com<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span><span class=\"ff1\"> -<span class=\"_ _0\"></span> BH<span class=\"_ _0\"></span>KP </span></span>O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>usa i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>deri<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>miz<span class=\"_ _0\"></span>ar o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xpos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>var<span class=\"_ _0\"></span>ia\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>e\u00e7o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>xa<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>PIX,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m U<span class=\"_ _0\"></span>SD.<span class=\"_ _3b\"></span> ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-195-5": {
   "value": "Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>umen<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> ven<span class=\"_ _0\"></span>dido<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>r o<span class=\"_ _0\"></span>s cr<span class=\"_ _0\"></span>it\u00e9<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>xigi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>seja<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tabi<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rdas<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>apita<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00f3pri<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>cicl<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ara <span class=\"_ _0\"></span>a D<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>to q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> o i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cobe<span class=\"_ _0\"></span>rto<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>anh<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>acum<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>apit<span class=\"_ _0\"></span>al p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>o a <span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>no c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span>l p<span class=\"_ _0\"></span>r\u00f3<span class=\"_ _0\"></span>prio<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue a<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>r\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>clad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uand<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>na Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"ff7\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDerecognitionOfFinancialInstrumentsExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-198-3": {
   "value": "8.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s </span></span>8.3.1.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Cate<span class=\"_ _1\"></span>gorias de in<span class=\"_ _1\"></span>strumentos fin<span class=\"_ _1\"></span>anceiros do Grup<span class=\"_ _1\"></span>o<span class=\"_ _1\"></span> </span>Os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> rub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ssifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>:  Ativos financeiros  Ativos ao justo financeiros valor ao justo  Ativos  Ativos atrav\u00e9s de valor atrav\u00e9s  Instrumento<span class=\"_ _0\"></span>s  Instrumento<span class=\"_ _0\"></span>s financeiros<span class=\"_ _0\"></span> financeiros resultados de outro financeiros financeiros fora ao custo (excluindo rendimento derivados d<span class=\"_ _0\"></span>e derivados do \u00e2mbito  Ativos n\u00e3o Valores em Euros<span class=\"_ _1\"></span>  Nota amortizado derivados) integral cobertura de negocia\u00e7\u00e3o da IFRS 9 financeiros   Total 31 de deze<span class=\"_ _1\"></span>mbro de 2022<span class=\"_ _1\"></span> Valores a receber 4.2 25<span class=\"ls0\">.</span>282<span class=\"ls0\">.858 </span>- - - - - - 25<span class=\"ls0\">.</span>282<span class=\"ls0\">.858 </span>n\u00e3o correntes <span class=\"_ _1\"></span> Valores a receber c<span class=\"_ _1\"></span>orrentes 4.2 363<span class=\"ls0\">.</span>009<span class=\"ls0\">.769 </span>- - 46<span class=\"ls0\">.</span>938<span class=\"ls0\">.143 </span>1.<span class=\"ls24\">576</span>.300 -87<span class=\"ls0\">.</span>619<span class=\"ls0\">.196</span>499<span class=\"ls0\">.</span>143<span class=\"ls0\">.408 </span>Caixa e equiva<span class=\"_ _1\"></span>lentes 5.9 343<span class=\"ls0\">.</span>083<span class=\"ls0\">.788 </span>- - - - - - 343<span class=\"ls0\">.</span>083<span class=\"ls0\">.788 </span>de caixa  Ativos n\u00e3o correntes 3.8 - - - - - - - - detidos para venda<span class=\"_ _1\"></span>  Total de ativos<span class=\"_ _1\"></span> 731<span class=\"ls0\">.376.4<span class=\"_ _1\"></span>16 </span>- - 46<span class=\"ls0\">.</span>938<span class=\"ls0\">.<span class=\"_ _1\"></span>143 </span>1.576.<span class=\"ls2b\">300 </span>-87<span class=\"ls0\">.</span>619<span class=\"ls0\">.<span class=\"_ _1\"></span>196</span>867<span class=\"ls0\">.510.0<span class=\"_ _1\"></span>55 </span>31 de deze<span class=\"_ _1\"></span>mbro de 2021<span class=\"_ _1\"></span> Valores a receber 8.3 8.<span class=\"ls24\">604</span>.547 - - - - - - 8.<span class=\"ls24\">604</span>.547 n\u00e3o correntes <span class=\"_ _1\"></span> Valores a receber c<span class=\"_ _1\"></span>orrentes 4.2 236<span class=\"ls0\">.</span>454<span class=\"ls0\">.808 </span>- - 1.<span class=\"ls24\">630</span>.982 - - 79<span class=\"ls0\">.</span>796<span class=\"ls0\">.970 </span>317<span class=\"ls0\">.</span>882<span class=\"ls0\">.760 </span>Caixa e equiva<span class=\"_ _1\"></span>lentes 5.9 239<span class=\"ls0\">.</span>171<span class=\"ls0\">.252 </span>- - - - - - 239<span class=\"ls0\">.</span>171<span class=\"ls0\">.252 </span>de caixa  Ativos n\u00e3o correntes 3.8 - - - - - - - - detidos para venda<span class=\"_ _1\"></span>  Total de ativos<span class=\"_ _1\"></span> 484<span class=\"ls0\">.230.6<span class=\"_ _1\"></span>07 </span>- - 1.630.<span class=\"ls2b\">982 </span>- - 79<span class=\"ls0\">.</span>796<span class=\"ls0\">.<span class=\"_ _1\"></span>970 </span>565<span class=\"ls0\">.658.5<span class=\"_ _1\"></span>59 </span> Passivos financeiros ao justo  Passivos valor atrav\u00e9s  Instrumento<span class=\"_ _0\"></span>s  Instrumento<span class=\"_ _0\"></span>s  Passivos financeiros de resultados financeiros financeiros financeiros fora<span class=\"_ _0\"></span>  Passivos ao custo (excluindo derivados derivados do \u00e2mbito n\u00e3o Valores em Euros<span class=\"_ _1\"></span>  Nota amortizado derivados) de cobertura de negocia\u00e7\u00e3o da<span class=\"ls0\"> IFRS 9 </span>financeiros   Total 31 de deze<span class=\"_ _1\"></span>mbro de 2022<span class=\"_ _1\"></span>  Financiamentos o<span class=\"_ _1\"></span>btidos 5.7 725<span class=\"ls0\">.</span>301<span class=\"ls0\">.722 </span>- - - - -725<span class=\"ls0\">.</span>301<span class=\"ls0\">.722</span> Passivos de loca\u00e7\u00e3<span class=\"_ _1\"></span>o  5.8 - - - - 61<span class=\"ls0\">.</span>641<span class=\"ls0\">.049 </span>-61<span class=\"ls0\">.</span>641<span class=\"ls0\">.049</span> Valores a pagar <span class=\"_ _1\"></span> 4.3 605<span class=\"ls0\">.</span>630<span class=\"ls0\">.951 </span>- - 4.<span class=\"ls24\">682</span>.533 - - 610<span class=\"ls0\">.</span>313<span class=\"ls0\">.484</span>Total de pa<span class=\"_ _1\"></span>ssivos 1.330.<span class=\"ls2b\">932<span class=\"_ _1\"></span></span>.673 - - 4.682.<span class=\"ls2b\">533 </span>61<span class=\"ls0\">.</span>641<span class=\"_ _1\"></span><span class=\"ls0\">.049 </span>-1.397.<span class=\"ls2b\">256<span class=\"_ _1\"></span></span>.25531 de deze<span class=\"_ _1\"></span>mbro de 2021<span class=\"_ _1\"></span>  Financiamentos o<span class=\"_ _1\"></span>btidos 5.7 833<span class=\"ls0\">.</span>944<span class=\"ls0\">.049 </span>- - - - -833<span class=\"ls0\">.</span>944<span class=\"ls0\">.049</span> Passivos de loca\u00e7\u00e3<span class=\"_ _1\"></span>o  5.8 - - - - 53<span class=\"ls0\">.</span>240<span class=\"ls0\">.925 </span>-53<span class=\"ls0\">.</span>240<span class=\"ls0\">.925</span> Valores a pagar <span class=\"_ _1\"></span> 4.3 422<span class=\"ls0\">.</span>045<span class=\"ls0\">.733 </span>-6.<span class=\"ls24\">402</span>.1301.<span class=\"ls24\">728</span>.458 - - 430<span class=\"ls0\">.</span>176<span class=\"ls0\">.321</span>Total de pa<span class=\"_ _1\"></span>ssivos 1.255.<span class=\"ls2b\">989<span class=\"_ _1\"></span></span>.782 -6.402.<span class=\"ls2b\">130</span>1.728.<span class=\"ls2b\">458 </span>53<span class=\"ls0\">.</span>240<span class=\"_ _1\"></span><span class=\"ls0\">.925 </span>-1.317.<span class=\"ls2b\">361<span class=\"_ _1\"></span></span>.295",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinancialInstrumentsAtFairValueThroughProfitOrLossExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-198-4": {
   "value": "8.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s </span></span>8.3.1.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Cate<span class=\"_ _1\"></span>gorias de in<span class=\"_ _1\"></span>strumentos fin<span class=\"_ _1\"></span>anceiros do Grup<span class=\"_ _1\"></span>o<span class=\"_ _1\"></span> </span>Os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> rub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ssifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>:  Ativos financeiros  Ativos ao justo financeiros valor ao justo  Ativos  Ativos atrav\u00e9s de valor atrav\u00e9s  Instrumento<span class=\"_ _0\"></span>s  Instrumento<span class=\"_ _0\"></span>s financeiros<span class=\"_ _0\"></span> financeiros resultados de outro financeiros financeiros fora ao custo (excluindo rendimento derivados d<span class=\"_ _0\"></span>e derivados do \u00e2mbito  Ativos n\u00e3o Valores em Euros<span class=\"_ _1\"></span>  Nota amortizado derivados) integral cobertura de negocia\u00e7\u00e3o da IFRS 9 financeiros   Total 31 de deze<span class=\"_ _1\"></span>mbro de 2022<span class=\"_ _1\"></span> Valores a receber 4.2 25<span class=\"ls0\">.</span>282<span class=\"ls0\">.858 </span>- - - - - - 25<span class=\"ls0\">.</span>282<span class=\"ls0\">.858 </span>n\u00e3o correntes <span class=\"_ _1\"></span> Valores a receber c<span class=\"_ _1\"></span>orrentes 4.2 363<span class=\"ls0\">.</span>009<span class=\"ls0\">.769 </span>- - 46<span class=\"ls0\">.</span>938<span class=\"ls0\">.143 </span>1.<span class=\"ls24\">576</span>.300 -87<span class=\"ls0\">.</span>619<span class=\"ls0\">.196</span>499<span class=\"ls0\">.</span>143<span class=\"ls0\">.408 </span>Caixa e equiva<span class=\"_ _1\"></span>lentes 5.9 343<span class=\"ls0\">.</span>083<span class=\"ls0\">.788 </span>- - - - - - 343<span class=\"ls0\">.</span>083<span class=\"ls0\">.788 </span>de caixa  Ativos n\u00e3o correntes 3.8 - - - - - - - - detidos para venda<span class=\"_ _1\"></span>  Total de ativos<span class=\"_ _1\"></span> 731<span class=\"ls0\">.376.4<span class=\"_ _1\"></span>16 </span>- - 46<span class=\"ls0\">.</span>938<span class=\"ls0\">.<span class=\"_ _1\"></span>143 </span>1.576.<span class=\"ls2b\">300 </span>-87<span class=\"ls0\">.</span>619<span class=\"ls0\">.<span class=\"_ _1\"></span>196</span>867<span class=\"ls0\">.510.0<span class=\"_ _1\"></span>55 </span>31 de deze<span class=\"_ _1\"></span>mbro de 2021<span class=\"_ _1\"></span> Valores a receber 8.3 8.<span class=\"ls24\">604</span>.547 - - - - - - 8.<span class=\"ls24\">604</span>.547 n\u00e3o correntes <span class=\"_ _1\"></span> Valores a receber c<span class=\"_ _1\"></span>orrentes 4.2 236<span class=\"ls0\">.</span>454<span class=\"ls0\">.808 </span>- - 1.<span class=\"ls24\">630</span>.982 - - 79<span class=\"ls0\">.</span>796<span class=\"ls0\">.970 </span>317<span class=\"ls0\">.</span>882<span class=\"ls0\">.760 </span>Caixa e equiva<span class=\"_ _1\"></span>lentes 5.9 239<span class=\"ls0\">.</span>171<span class=\"ls0\">.252 </span>- - - - - - 239<span class=\"ls0\">.</span>171<span class=\"ls0\">.252 </span>de caixa  Ativos n\u00e3o correntes 3.8 - - - - - - - - detidos para venda<span class=\"_ _1\"></span>  Total de ativos<span class=\"_ _1\"></span> 484<span class=\"ls0\">.230.6<span class=\"_ _1\"></span>07 </span>- - 1.630.<span class=\"ls2b\">982 </span>- - 79<span class=\"ls0\">.</span>796<span class=\"ls0\">.<span class=\"_ _1\"></span>970 </span>565<span class=\"ls0\">.658.5<span class=\"_ _1\"></span>59 </span> Passivos financeiros ao justo  Passivos valor atrav\u00e9s  Instrumento<span class=\"_ _0\"></span>s  Instrumento<span class=\"_ _0\"></span>s  Passivos financeiros de resultados financeiros financeiros financeiros fora<span class=\"_ _0\"></span>  Passivos ao custo (excluindo derivados derivados do \u00e2mbito n\u00e3o Valores em Euros<span class=\"_ _1\"></span>  Nota amortizado derivados) de cobertura de negocia\u00e7\u00e3o da<span class=\"ls0\"> IFRS 9 </span>financeiros   Total 31 de deze<span class=\"_ _1\"></span>mbro de 2022<span class=\"_ _1\"></span>  Financiamentos o<span class=\"_ _1\"></span>btidos 5.7 725<span class=\"ls0\">.</span>301<span class=\"ls0\">.722 </span>- - - - -725<span class=\"ls0\">.</span>301<span class=\"ls0\">.722</span> Passivos de loca\u00e7\u00e3<span class=\"_ _1\"></span>o  5.8 - - - - 61<span class=\"ls0\">.</span>641<span class=\"ls0\">.049 </span>-61<span class=\"ls0\">.</span>641<span class=\"ls0\">.049</span> Valores a pagar <span class=\"_ _1\"></span> 4.3 605<span class=\"ls0\">.</span>630<span class=\"ls0\">.951 </span>- - 4.<span class=\"ls24\">682</span>.533 - - 610<span class=\"ls0\">.</span>313<span class=\"ls0\">.484</span>Total de pa<span class=\"_ _1\"></span>ssivos 1.330.<span class=\"ls2b\">932<span class=\"_ _1\"></span></span>.673 - - 4.682.<span class=\"ls2b\">533 </span>61<span class=\"ls0\">.</span>641<span class=\"_ _1\"></span><span class=\"ls0\">.049 </span>-1.397.<span class=\"ls2b\">256<span class=\"_ _1\"></span></span>.25531 de deze<span class=\"_ _1\"></span>mbro de 2021<span class=\"_ _1\"></span>  Financiamentos o<span class=\"_ _1\"></span>btidos 5.7 833<span class=\"ls0\">.</span>944<span class=\"ls0\">.049 </span>- - - - -833<span class=\"ls0\">.</span>944<span class=\"ls0\">.049</span> Passivos de loca\u00e7\u00e3<span class=\"_ _1\"></span>o  5.8 - - - - 53<span class=\"ls0\">.</span>240<span class=\"ls0\">.925 </span>-53<span class=\"ls0\">.</span>240<span class=\"ls0\">.925</span> Valores a pagar <span class=\"_ _1\"></span> 4.3 422<span class=\"ls0\">.</span>045<span class=\"ls0\">.733 </span>-6.<span class=\"ls24\">402</span>.1301.<span class=\"ls24\">728</span>.458 - - 430<span class=\"ls0\">.</span>176<span class=\"ls0\">.321</span>Total de pa<span class=\"_ _1\"></span>ssivos 1.255.<span class=\"ls2b\">989<span class=\"_ _1\"></span></span>.782 -6.402.<span class=\"ls2b\">130</span>1.728.<span class=\"ls2b\">458 </span>53<span class=\"ls0\">.</span>240<span class=\"_ _1\"></span><span class=\"ls0\">.925 </span>-1.317.<span class=\"ls2b\">361<span class=\"_ _1\"></span></span>.295",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinancialInstrumentsDesignatedAtFairValueThroughProfitOrLossExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-198-5": {
   "value": "8.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s </span></span>8.3.1.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Cate<span class=\"_ _1\"></span>gorias de in<span class=\"_ _1\"></span>strumentos fin<span class=\"_ _1\"></span>anceiros do Grup<span class=\"_ _1\"></span>o<span class=\"_ _1\"></span> </span>Os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> rub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ssifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>:  Ativos financeiros  Ativos ao justo financeiros valor ao justo  Ativos  Ativos atrav\u00e9s de valor atrav\u00e9s  Instrumento<span class=\"_ _0\"></span>s  Instrumento<span class=\"_ _0\"></span>s financeiros<span class=\"_ _0\"></span> financeiros resultados de outro financeiros financeiros fora ao custo (excluindo rendimento derivados d<span class=\"_ _0\"></span>e derivados do \u00e2mbito  Ativos n\u00e3o Valores em Euros<span class=\"_ _1\"></span>  Nota amortizado derivados) integral cobertura de negocia\u00e7\u00e3o da IFRS 9 financeiros   Total 31 de deze<span class=\"_ _1\"></span>mbro de 2022<span class=\"_ _1\"></span> Valores a receber 4.2 25<span class=\"ls0\">.</span>282<span class=\"ls0\">.858 </span>- - - - - - 25<span class=\"ls0\">.</span>282<span class=\"ls0\">.858 </span>n\u00e3o correntes <span class=\"_ _1\"></span> Valores a receber c<span class=\"_ _1\"></span>orrentes 4.2 363<span class=\"ls0\">.</span>009<span class=\"ls0\">.769 </span>- - 46<span class=\"ls0\">.</span>938<span class=\"ls0\">.143 </span>1.<span class=\"ls24\">576</span>.300 -87<span class=\"ls0\">.</span>619<span class=\"ls0\">.196</span>499<span class=\"ls0\">.</span>143<span class=\"ls0\">.408 </span>Caixa e equiva<span class=\"_ _1\"></span>lentes 5.9 343<span class=\"ls0\">.</span>083<span class=\"ls0\">.788 </span>- - - - - - 343<span class=\"ls0\">.</span>083<span class=\"ls0\">.788 </span>de caixa  Ativos n\u00e3o correntes 3.8 - - - - - - - - detidos para venda<span class=\"_ _1\"></span>  Total de ativos<span class=\"_ _1\"></span> 731<span class=\"ls0\">.376.4<span class=\"_ _1\"></span>16 </span>- - 46<span class=\"ls0\">.</span>938<span class=\"ls0\">.<span class=\"_ _1\"></span>143 </span>1.576.<span class=\"ls2b\">300 </span>-87<span class=\"ls0\">.</span>619<span class=\"ls0\">.<span class=\"_ _1\"></span>196</span>867<span class=\"ls0\">.510.0<span class=\"_ _1\"></span>55 </span>31 de deze<span class=\"_ _1\"></span>mbro de 2021<span class=\"_ _1\"></span> Valores a receber 8.3 8.<span class=\"ls24\">604</span>.547 - - - - - - 8.<span class=\"ls24\">604</span>.547 n\u00e3o correntes <span class=\"_ _1\"></span> Valores a receber c<span class=\"_ _1\"></span>orrentes 4.2 236<span class=\"ls0\">.</span>454<span class=\"ls0\">.808 </span>- - 1.<span class=\"ls24\">630</span>.982 - - 79<span class=\"ls0\">.</span>796<span class=\"ls0\">.970 </span>317<span class=\"ls0\">.</span>882<span class=\"ls0\">.760 </span>Caixa e equiva<span class=\"_ _1\"></span>lentes 5.9 239<span class=\"ls0\">.</span>171<span class=\"ls0\">.252 </span>- - - - - - 239<span class=\"ls0\">.</span>171<span class=\"ls0\">.252 </span>de caixa  Ativos n\u00e3o correntes 3.8 - - - - - - - - detidos para venda<span class=\"_ _1\"></span>  Total de ativos<span class=\"_ _1\"></span> 484<span class=\"ls0\">.230.6<span class=\"_ _1\"></span>07 </span>- - 1.630.<span class=\"ls2b\">982 </span>- - 79<span class=\"ls0\">.</span>796<span class=\"ls0\">.<span class=\"_ _1\"></span>970 </span>565<span class=\"ls0\">.658.5<span class=\"_ _1\"></span>59 </span> Passivos financeiros ao justo  Passivos valor atrav\u00e9s  Instrumento<span class=\"_ _0\"></span>s  Instrumento<span class=\"_ _0\"></span>s  Passivos financeiros de resultados financeiros financeiros financeiros fora<span class=\"_ _0\"></span>  Passivos ao custo (excluindo derivados derivados do \u00e2mbito n\u00e3o Valores em Euros<span class=\"_ _1\"></span>  Nota amortizado derivados) de cobertura de negocia\u00e7\u00e3o da<span class=\"ls0\"> IFRS 9 </span>financeiros   Total 31 de deze<span class=\"_ _1\"></span>mbro de 2022<span class=\"_ _1\"></span>  Financiamentos o<span class=\"_ _1\"></span>btidos 5.7 725<span class=\"ls0\">.</span>301<span class=\"ls0\">.722 </span>- - - - -725<span class=\"ls0\">.</span>301<span class=\"ls0\">.722</span> Passivos de loca\u00e7\u00e3<span class=\"_ _1\"></span>o  5.8 - - - - 61<span class=\"ls0\">.</span>641<span class=\"ls0\">.049 </span>-61<span class=\"ls0\">.</span>641<span class=\"ls0\">.049</span> Valores a pagar <span class=\"_ _1\"></span> 4.3 605<span class=\"ls0\">.</span>630<span class=\"ls0\">.951 </span>- - 4.<span class=\"ls24\">682</span>.533 - - 610<span class=\"ls0\">.</span>313<span class=\"ls0\">.484</span>Total de pa<span class=\"_ _1\"></span>ssivos 1.330.<span class=\"ls2b\">932<span class=\"_ _1\"></span></span>.673 - - 4.682.<span class=\"ls2b\">533 </span>61<span class=\"ls0\">.</span>641<span class=\"_ _1\"></span><span class=\"ls0\">.049 </span>-1.397.<span class=\"ls2b\">256<span class=\"_ _1\"></span></span>.25531 de deze<span class=\"_ _1\"></span>mbro de 2021<span class=\"_ _1\"></span>  Financiamentos o<span class=\"_ _1\"></span>btidos 5.7 833<span class=\"ls0\">.</span>944<span class=\"ls0\">.049 </span>- - - - -833<span class=\"ls0\">.</span>944<span class=\"ls0\">.049</span> Passivos de loca\u00e7\u00e3<span class=\"_ _1\"></span>o  5.8 - - - - 53<span class=\"ls0\">.</span>240<span class=\"ls0\">.925 </span>-53<span class=\"ls0\">.</span>240<span class=\"ls0\">.925</span> Valores a pagar <span class=\"_ _1\"></span> 4.3 422<span class=\"ls0\">.</span>045<span class=\"ls0\">.733 </span>-6.<span class=\"ls24\">402</span>.1301.<span class=\"ls24\">728</span>.458 - - 430<span class=\"ls0\">.</span>176<span class=\"ls0\">.321</span>Total de pa<span class=\"_ _1\"></span>ssivos 1.255.<span class=\"ls2b\">989<span class=\"_ _1\"></span></span>.782 -6.402.<span class=\"ls2b\">130</span>1.728.<span class=\"ls2b\">458 </span>53<span class=\"ls0\">.</span>240<span class=\"_ _1\"></span><span class=\"ls0\">.925 </span>-1.317.<span class=\"ls2b\">361<span class=\"_ _1\"></span></span>.295",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinancialInstrumentsHeldForTradingExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-201-4": {
   "value": "8.3.2.<span class=\"ls0\"> <span class=\"_ _50\"> </span>Justo valor de ativos<span class=\"_ _1\"></span> e passivos fi<span class=\"_ _1\"></span>nanceiros<span class=\"_ _1\"></span> </span>Ativos e passivos financeiros mensurados ao justo valor 31/12/22 31/12/21 Valores em Euros<span class=\"_ _1\"></span>  N\u00edvel 1   N\u00edvel 2   N\u00edvel 3   N\u00edvel 1   N\u00edvel 2   N\u00edvel 3  Ativos financeir<span class=\"_ _1\"></span>os ao justo valor re<span class=\"_ _1\"></span>conhecidos e<span class=\"_ _1\"></span>m resultados      Derivados de nego<span class=\"_ _1\"></span>cia\u00e7\u00e3o (Nota<span class=\"_ _1\"></span> 8.2) -  1.<span class=\"ls24\">576</span>.300  -  -  -  -  Instrumentos finance<span class=\"_ _1\"></span>iros de cober<span class=\"_ _1\"></span>tura (Nota 8.2)<span class=\"_ _1\"></span> -  46<span class=\"ls0\">.</span>938<span class=\"ls0\">.143  </span>-  -  1.<span class=\"ls24\">630</span>.982  -  Ativos mensurado<span class=\"_ _1\"></span>s ao justo valor<span class=\"_ _1\"></span>      Ativos biol\u00f3g<span class=\"_ _1\"></span>icos (Nota 3.8)<span class=\"_ _1\"></span> -  -  122<span class=\"ls0\">.</span>499<span class=\"ls0\">.875  </span>-  -  147<span class=\"ls0\">.</span>324<span class=\"ls0\">.061  </span>Total de ativos<span class=\"_ _1\"></span> -  48<span class=\"ls0\">.</span>514<span class=\"ls0\">.<span class=\"_ _1\"></span>443  </span>122<span class=\"ls0\">.499.8<span class=\"_ _1\"></span>75  </span>-  1.630.<span class=\"ls2b\">982 <span class=\"_ _1\"></span></span> 147<span class=\"ls0\">.324.0<span class=\"_ _1\"></span>61  </span>Passivos finance<span class=\"_ _1\"></span>iros ao justo valor<span class=\"_ _1\"></span> reconhecidos<span class=\"_ _1\"></span> em resultados      Derivados de nego<span class=\"_ _1\"></span>cia\u00e7\u00e3o (Nota<span class=\"_ _1\"></span> 8.2) -  (4<span class=\"ls0\">.<span class=\"ls24\">682</span>.533)<span class=\"_ _1\"></span> </span>-  -  (1<span class=\"ls0\">.<span class=\"ls24\">728</span>.458)<span class=\"_ _1\"></span> </span>-  Instrumentos finance<span class=\"_ _1\"></span>iros de<span class=\"_ _1\"></span> cobertura (Nota <span class=\"_ _1\"></span>8.2) -  -  -  -  (6<span class=\"ls0\">.<span class=\"ls24\">402</span>.130)<span class=\"_ _1\"></span> </span>-  Total de pa<span class=\"_ _1\"></span>ssivos -  (4<span class=\"ls0\">.682.534) </span>-  -  (8<span class=\"ls0\">.130.588) </span>-  Estimativas e julgamentos Jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>iam<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>obt<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span>une<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>fix<span class=\"_ _0\"></span>a O j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os \u00e9<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>alc<span class=\"_ _0\"></span>ulad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>m\u00e9t<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s fl<span class=\"_ _0\"></span>ux<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ixa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s \u00e0 <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>elat<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>car<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00edst<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>enc<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o ao<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>l 2<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a hi<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>arq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>a IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>13<span class=\"_ _0\"></span><span class=\"ff7\">.<span class=\"ff1\"> </span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFairValueMeasurementExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-203-3": {
   "value": "Pol\u00edticas Contabil\u00edsticas O j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>hie<span class=\"_ _0\"></span>rar<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>13<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013</span> <span class=\"_ _0\"></span>Me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>: N\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> 1<span class=\"ff1\"> <span class=\"_ _b1\"> </span>Bas<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s l\u00ed<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>to. </span>N\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> 2<span class=\"ff1\"> <span class=\"_ _b1\"> </span>Det<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>curs<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>los <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>rin<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uais<span class=\"_ _0\"></span> </span>n\u00e3o<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>rv<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> mer<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>do. N\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> 3<span class=\"ff1\"> <span class=\"_ _b1\"> </span>Det<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>curs<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>los <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>cuj<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>npu<span class=\"_ _0\"></span>ts <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o </span>ob<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>v\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cado<span class=\"_ _0\"></span>.<span class=\"ff3 fs0 fc2\"> <span class=\"_ _46\"> </span> <span class=\"_ _5b\"> </span><span class=\"ff1\"> </span></span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-203-4": {
   "value": "Pol\u00edticas Contabil\u00edsticas O j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>hie<span class=\"_ _0\"></span>rar<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>13<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013</span> <span class=\"_ _0\"></span>Me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>: N\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> 1<span class=\"ff1\"> <span class=\"_ _b1\"> </span>Bas<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s l\u00ed<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>to. </span>N\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> 2<span class=\"ff1\"> <span class=\"_ _b1\"> </span>Det<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>curs<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>los <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>rin<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uais<span class=\"_ _0\"></span> </span>n\u00e3o<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>rv<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> mer<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>do. N\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> 3<span class=\"ff1\"> <span class=\"_ _b1\"> </span>Det<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>curs<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>los <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>cuj<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>npu<span class=\"_ _0\"></span>ts <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o </span>ob<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>v\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cado<span class=\"_ _0\"></span>.<span class=\"ff3 fs0 fc2\"> <span class=\"_ _46\"> </span> <span class=\"_ _5b\"> </span><span class=\"ff1\"> </span></span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-203-5": {
   "value": "Pol\u00edticas Contabil\u00edsticas O j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>hie<span class=\"_ _0\"></span>rar<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>13<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013</span> <span class=\"_ _0\"></span>Me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>: N\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> 1<span class=\"ff1\"> <span class=\"_ _b1\"> </span>Bas<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s l\u00ed<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>to. </span>N\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> 2<span class=\"ff1\"> <span class=\"_ _b1\"> </span>Det<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>curs<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>los <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>rin<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uais<span class=\"_ _0\"></span> </span>n\u00e3o<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>rv<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> mer<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>do. N\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> 3<span class=\"ff1\"> <span class=\"_ _b1\"> </span>Det<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>curs<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>los <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>cuj<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>npu<span class=\"_ _0\"></span>ts <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o </span>ob<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>v\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cado<span class=\"_ _0\"></span>.<span class=\"ff3 fs0 fc2\"> <span class=\"_ _46\"> </span> <span class=\"_ _5b\"> </span><span class=\"ff1\"> </span></span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialInstrumentsAtFairValueThroughProfitOrLossExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-204-2": {
   "value": "9.<span class=\"ffd ls0\"> <span class=\"_ _ab\"> </span><span class=\"ff3\">Ges<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>o Op<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nal </span></span>O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>\u00e1 p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> nos<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>res <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>cali<span class=\"_ _0\"></span>pto<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a B<span class=\"_ _0\"></span>EKP<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>enci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>na p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>WF e<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ue<span class=\"ff1\">,<span class=\"_ _0\"></span> </span></span>mas<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>\u00e9m<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pape<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>UWF<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span><span class=\"ff7\">tis<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e<span class=\"ff1\"> e<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> </span></span>en<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>gia,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>v\u00e9<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e b<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>era,<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>cess<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utiv<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>BEK<span class=\"_ _0\"></span>P. Tod<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>suj<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>tas <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>pod<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>r u<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ito si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>seu<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>, no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>flux<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a qu<span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>inan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a. Os <span class=\"_ _0\"></span>fat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>sad<span class=\"_ _0\"></span>os n<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>p\u00edt<span class=\"_ _0\"></span>ulo <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s da<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma: i.<span class=\"ffb ls0\"> <span class=\"_ _9c\"> </span><span class=\"ff1\">Ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>c\u00ed<span class=\"_ _0\"></span>fico<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e1 pr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>te: </span></span>\uf02d<span class=\"ffb\"> <span class=\"_ _41\"> </span><span class=\"ff1\">Risc<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>soci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>set<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>flor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> </span></span>\uf02d<span class=\"ffb\"> <span class=\"_ _41\"> </span><span class=\"ff1 ls28\">Ris<span class=\"_ _1\"></span><span class=\"ls0\">co<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>ssoc<span class=\"_ _0\"></span>iad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00e0 p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>iza\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a BE<span class=\"_ _0\"></span>KP,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>UWF<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el </span></span></span>ti<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>e<span class=\"ff1\"> </span>\uf02d<span class=\"ffb\"> <span class=\"_ _41\"> </span><span class=\"ff1\">Risc<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>soci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>\u00e0 pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a </span></span>\uf02d<span class=\"ffb\"> <span class=\"_ _41\"> </span><span class=\"ff1\">Risc<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>soci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>a al<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> cl<span class=\"_ _0\"></span>im\u00e1<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cas </span></span>\uf02d<span class=\"ffb\"> <span class=\"_ _41\"> </span><span class=\"ff1\">Recu<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>os h<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o </span></span>\uf02d<span class=\"ffb\"> <span class=\"_ _41\"> </span><span class=\"ff1\">Siste<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> </span></span>\uf02d<span class=\"ffb\"> <span class=\"_ _41\"> </span><span class=\"ff1\">Risc<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ger<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ext<span class=\"_ _0\"></span>o </span></span>ii.<span class=\"ffb ls0\"> <span class=\"_ _9c\"> </span><span class=\"ff1\">Ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s. </span></span>O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>nt\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>um p<span class=\"_ _0\"></span>rog<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>cado <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>an\u00e1<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>ocu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nimi<span class=\"_ _0\"></span>zar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s ef<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>sos <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> seu<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>enh<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span>A ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o do<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>zid<span class=\"_ _0\"></span>a pe<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span> Dire<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o F<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>l\u00edt<span class=\"_ _0\"></span>icas<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span> Adm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> A <span class=\"_ _0\"></span>Dir<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>Finan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>vali<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>eali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>bert<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rit<span class=\"_ _0\"></span>a coo<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>s u<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>raci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>.  A A<span class=\"_ _0\"></span>dmi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cia p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>nc\u00ed<span class=\"_ _0\"></span>pio<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ara <span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>isco<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m t<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pol<span class=\"_ _0\"></span>\u00edti<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e cob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>\u00e1re<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pec\u00ed<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>bia<span class=\"_ _0\"></span>l,<span class=\"_ _0\"></span> o r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co d<span class=\"_ _0\"></span>e t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e j<span class=\"_ _3b\"></span>uro, <span class=\"_ _0\"></span>o ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>iqui<span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> uso<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> out<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>deri<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e o<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>xc<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>liq<span class=\"_ _0\"></span>uide<span class=\"_ _0\"></span>z.<span class=\"_ _0\"></span> A <span class=\"_ _0\"></span>Di<span class=\"_ _0\"></span>re\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Gest<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>az<span class=\"_ _0\"></span> o a<span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>hame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o da <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ple<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ol\u00ed<span class=\"_ _0\"></span>ticas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nidas<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a Ad<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> 9.1.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Risc<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c\u00edf<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de </span></span>em <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e1<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e 9.1.1.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Risco<span class=\"_ _1\"></span>s associados<span class=\"_ _1\"></span> ao setor florest<span class=\"_ _1\"></span>al </span>Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, o<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>erca<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>06<span class=\"_ _0\"></span>,8 <span class=\"_ _0\"></span>milh<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ctare<span class=\"_ _0\"></span>s (2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span>: 1<span class=\"_ _0\"></span>05<span class=\"_ _0\"></span>,5 <span class=\"_ _0\"></span>milh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>hec<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bu\u00edd<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Por<span class=\"_ _0\"></span>tug<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntin<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>A\u00e7or<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e G<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>a (Es<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>nha<span class=\"_ _0\"></span>), <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 1.<span class=\"_ _0\"></span>324<span class=\"_ _0\"></span> Un<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 169<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>uni<span class=\"_ _0\"></span>c\u00edp<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ugal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>e 42<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de Ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> 3<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ov\u00edn<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>Gal<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a, E<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>anh<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>nc\u00ed<span class=\"_ _0\"></span>pio<span class=\"_ _0\"></span>s ex<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>os na <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>l\u00ed<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>a F<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span> euca<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>pto<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om f<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>sp\u00e9<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es de<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> g\u00e9<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>upa<span class=\"_ _0\"></span>m 73<span class=\"_ _0\"></span>% <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>ea,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>dam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te a<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sp\u00e9<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span> <span class=\"ff7\">E<span class=\"_ _0\"></span>ucal<span class=\"_ _0\"></span>yp<span class=\"_ _0\"></span>tus<span class=\"_ _0\"></span> gl<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>ulus<span class=\"_ _0\"></span><span class=\"ff1 ls98\">, </span></span>con<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>fib<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> id<span class=\"_ _0\"></span>eal <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>\u00e9is<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Na <span class=\"_ _0\"></span>\u00e1re<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>nte,<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> al\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s es<span class=\"_ _0\"></span>pa\u00e7<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nser<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>2,1%<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> \u00e1r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> em Por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>sali<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> \u00e1r<span class=\"_ _0\"></span>eas <span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pin<span class=\"_ _0\"></span>ho <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sob<span class=\"_ _0\"></span>rei<span class=\"_ _0\"></span>ro,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sp\u00e9c<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>\u00e1 en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>aior<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>onai<span class=\"_ _0\"></span>s. Ten<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>pio<span class=\"_ _0\"></span>nei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>Po<span class=\"_ _0\"></span>rtug<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> flo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>l c<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>l da <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>seu<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>m\u00f3n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> flo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l lo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>nen<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>st\u00e1 <span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>FSC\u00ae<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>For<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t S<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ward<span class=\"_ _0\"></span>shi<span class=\"_ _0\"></span>p <span class=\"_ _0\"></span>Coun<span class=\"_ _0\"></span>cil<span class=\"_ _0\"></span>\u00ae)<span class=\"_ _0\"></span> (FS<span class=\"_ _0\"></span>C\u00ae-<span class=\"_ _0\"></span><span class=\"ff9\">C01<span class=\"_ _0\"></span>085<span class=\"_ _0\"></span>2)<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pel<span class=\"_ _0\"></span>o P<span class=\"_ _0\"></span>EFC<span class=\"_ _0\"></span>\u2122 <span class=\"_ _0\"></span>(Pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>amm<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>he </span>End<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>f <span class=\"_ _0\"></span>Fore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span> Cer<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ficat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>sch<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>s)<span class=\"_ _0\"></span> (P<span class=\"_ _0\"></span>EFC<span class=\"_ _0\"></span>\u2122/1<span class=\"_ _0\"></span>3<span class=\"ff1\">-<span class=\"ls16\">23</span>-0<span class=\"_ _0\"></span>01)<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a </span>ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>pa\u00e7<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>fei<span class=\"_ _0\"></span>ta d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>ambi<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>con\u00f3<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>e soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l, e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>bed<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>it\u00e9<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>igo<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>sos<span class=\"_ _0\"></span> e i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ern<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>alme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>. A N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>of<span class=\"_ _0\"></span>isti<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m t<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> mun<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ura <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os \u00e9<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rn\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>. S<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do c<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>ena<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>duzi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l es<span class=\"_ _0\"></span>t\u00e1<span class=\"_ _0\"></span> cer<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fica<span class=\"_ _0\"></span>da,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>hia<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nici<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 20<span class=\"_ _0\"></span>16<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dinam<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o da <span class=\"_ _0\"></span>ade<span class=\"_ _3b\"></span>s\u00e3o d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>tore<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>los<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>flor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> sus<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>t\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> cer<span class=\"_ _0\"></span>tif<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>mit<span class=\"_ _0\"></span>em a m<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ria <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nt\u00edn<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>r\u00e1ti<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o e <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>ao<span class=\"_ _0\"></span> esf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>\u00e7o de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rocu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s ce<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> n\u00edv<span class=\"_ _0\"></span>el m<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>al.<span class=\"_ _0\"></span> Es<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>esf<span class=\"_ _0\"></span>or\u00e7<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>tem <span class=\"_ _0\"></span>vin<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>\u00e1re<span class=\"_ _3b\"></span>a flor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m P<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tuga<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>entr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2016<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> via<span class=\"_ _0\"></span> FS<span class=\"_ _0\"></span>C\u00ae <span class=\"_ _0\"></span>(d<span class=\"_ _0\"></span>e 37<span class=\"_ _0\"></span>0.0<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span> ha<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>550<span class=\"_ _0\"></span>.6<span class=\"_ _0\"></span>00 <span class=\"_ _0\"></span>ha)<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>PEF<span class=\"_ _0\"></span>C\u2122 <span class=\"_ _0\"></span>(d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>60<span class=\"_ _0\"></span>.000<span class=\"_ _0\"></span> ha <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span>8.2<span class=\"_ _0\"></span>3<span class=\"ff1\">0<span class=\"_ _0\"></span> ha<span class=\"_ _0\"></span>). </span>Ain<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>, \u00e9<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ani<span class=\"_ _0\"></span>fes<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>\u00e7o <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>\u00e1 m<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>do o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>eso<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>\u00e1re<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>flo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> n\u00e3o<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ngi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> por<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>quer<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ges<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> flo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>uste<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l em<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ugal<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>A t<span class=\"_ _0\"></span>\u00edtul<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>lo,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>ea <span class=\"_ _0\"></span>flo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>a pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m P<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>uga<span class=\"_ _0\"></span>l c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>l n<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mbor<span class=\"_ _3b\"></span>a rep<span class=\"_ _0\"></span>rese<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>sse<span class=\"_ _3b\"></span> cerc<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>3% <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>\u00e1re<span class=\"_ _3b\"></span>a<span class=\"_ _1\"></span> d<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>sa,<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>va,<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>via,<span class=\"_ _0\"></span> 34<span class=\"_ _0\"></span>% d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>a \u00e1<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>a ce<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ord<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>iste<span class=\"_ _0\"></span>ma PEF<span class=\"_ _0\"></span>C\u2122 <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>19<span class=\"_ _0\"></span>% d<span class=\"_ _0\"></span>e t<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> \u00e1r<span class=\"_ _0\"></span>ea c<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ord<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> as <span class=\"_ _0\"></span>n<span class=\"ff1\">or<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>FSC<span class=\"_ _0\"></span>\u00ae. <span class=\"_ _0\"></span> </span>Est<span class=\"_ _0\"></span>amo<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tas <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>orri<span class=\"_ _0\"></span>do, <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da Pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> Fl<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>del<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>stent<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>. E<span class=\"_ _0\"></span>m 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span>, 6<span class=\"_ _0\"></span>5% <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ira pr<span class=\"_ _0\"></span>ove<span class=\"_ _3b\"></span>niente<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e fo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>aste<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>nac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nais<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>xcl<span class=\"_ _0\"></span>uind<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>o au<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>aba<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to,<span class=\"_ _0\"></span> j\u00e1<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ovei<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rop<span class=\"_ _0\"></span>ried<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> ti<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>am a <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a (<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>21:<span class=\"_ _0\"></span> 63<span class=\"_ _0\"></span>%)<span class=\"_ _0\"></span>. R<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e ta<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>\u00e9m o<span class=\"_\"> </span>f<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>\u00e2mb<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> des<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>r vi<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>mui<span class=\"_ _0\"></span>tosi<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>\u00fame<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Fo<span class=\"_ _0\"></span>rne<span class=\"_ _0\"></span>ced<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>mad<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> cer<span class=\"_ _0\"></span>tif<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>decus<span class=\"_ _0\"></span>t\u00f3<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>a/re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>abili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>, pas<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>no d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>vime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e um<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e F<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>nec<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>squ<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>sibi<span class=\"_ _0\"></span>lit<span class=\"_ _0\"></span>ar\u00e1<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>\u00edgn<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nido<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>n\u00edv<span class=\"_ _0\"></span>el d<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>veni<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>font<span class=\"_ _0\"></span>escom<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>l ce<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a.Com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ges<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>l n<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>nac<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>calip<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cia <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sde<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>007 e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>upta<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>cebi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>s su<span class=\"_ _0\"></span>as uni<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>abr<span class=\"_ _0\"></span>is, <span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>cri<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>do p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span> a m<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rove<span class=\"_ _0\"></span>nie<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>unid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> sua<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>al s<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t\u00e1v<span class=\"_ _0\"></span>el. <span class=\"_ _0\"></span>Est<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>apo<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>stem<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span> ino<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> a n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> mu<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>erm<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o fl<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>\u00e1t<span class=\"_ _0\"></span>ica re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>o me<span class=\"_ _3b\"></span>rcad<span class=\"_ _0\"></span>o e <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>mune<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>dev<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>mun<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>eia <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o. Com<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te, <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mons<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>jet<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>vim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>sus<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>t\u00e1v<span class=\"_ _0\"></span>el, <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>u, e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>jun<span class=\"_ _0\"></span>ho <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2,<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>emi<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> um em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9sti<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>rig<span class=\"_ _0\"></span>acio<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e 1<span class=\"_ _0\"></span>50<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>lh\u00f5<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Sus<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>ity<span class=\"_ _0\"></span> Lin<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d <span class=\"_ _0\"></span>Bon<span class=\"_ _0\"></span>ds <span class=\"_ _0\"></span>Fram<span class=\"_ _0\"></span>ew<span class=\"_ _0\"></span>ork<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>tr\u00ea<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>indi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ESG<span class=\"_ _0\"></span>: e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>CO2<span class=\"_ _0\"></span> (b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> CE<span class=\"_ _0\"></span>LE)<span class=\"_ _0\"></span>; <span class=\"_ _0\"></span>% d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a ce<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>dq<span class=\"_ _0\"></span>uiri<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>gu\u00ea<span class=\"_ _0\"></span>s; <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sum<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nov\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>m es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu\u00ed<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 40<span class=\"_ _0\"></span>% d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>tot<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cari<span class=\"_ _0\"></span>z <span class=\"_ _0\"></span>sus<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>t\u00e1ve<span class=\"_ _0\"></span>l. Ao <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>atri<span class=\"_ _0\"></span>bu\u00ed<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> Dir<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e Us<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Apro<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Ter<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>(D<span class=\"_ _0\"></span>UAT)<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Mo\u00e7a<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>cali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>v\u00ednci<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e Ma<span class=\"_ _0\"></span>nic<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> Z<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>\u00e9zi<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>tu\u00edd<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r c<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ca d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>5 d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nt\u00edg<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>plan<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>246<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0 <span class=\"_ _0\"></span>hect<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, di<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nibi<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>abri<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>Aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de In<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>ssin<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>o\u00e7<span class=\"_ _0\"></span>ambi<span class=\"_ _0\"></span>can<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>enc<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span> pl<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 14<span class=\"_ _0\"></span>,0<span class=\"_ _0\"></span> mil<span class=\"_ _0\"></span>har<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> he<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>O pr<span class=\"_ _0\"></span>oj<span class=\"_ _0\"></span>eto<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ev\u00ea<span class=\"_ _0\"></span> a in<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>la\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> ind<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ial <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>a \u00e0<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a B<span class=\"_ _0\"></span>EKP<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ene<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>el\u00e9t<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a naq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span> pa\u00ed<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> O <span class=\"_ _0\"></span>Gove<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>mo\u00e7am<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>can<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>rtu<span class=\"_ _0\"></span>cel <span class=\"_ _0\"></span>Mo<span class=\"_ _0\"></span>\u00e7am<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>lho <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>18 um <span class=\"_ _0\"></span>Me<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>do d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>En<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ndime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>(Mo<span class=\"_ _0\"></span>U)<span class=\"_ _0\"></span> atr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> qua<span class=\"_ _0\"></span>l ac<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>dar<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nju<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ondi<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es pr<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>ss\u00e1<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>ara <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ecu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> esp<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de nat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>a l<span class=\"_ _0\"></span>og\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ca,<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00e1 imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>dua<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>Num<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>mome<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ser\u00e1 in<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e 4<span class=\"_ _0\"></span>0.0<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span> he<span class=\"_ _0\"></span>cta<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> gar<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>\u00e1 <span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>teci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e uma<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> (a<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>trui<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>) de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>esti<span class=\"_ _0\"></span>lha<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>alipt<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xpo<span class=\"_ _0\"></span>rta<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>e ce<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 1<span class=\"_ _0\"></span> mil<span class=\"_ _0\"></span>h\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>one<span class=\"_ _0\"></span>lada<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>adi<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mad<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>USD 1<span class=\"_ _0\"></span>40<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>lh\u00f5e<span class=\"_ _0\"></span>s. Em <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mun<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>etu<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o em<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1, <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n\u00e1ri<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Po<span class=\"_ _0\"></span>rto <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Mac<span class=\"_ _0\"></span>uze<span class=\"_ _3b\"></span> e o<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>can<span class=\"_ _0\"></span>o Et<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s A<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>t <span class=\"_ _0\"></span>Man<span class=\"_ _0\"></span>age<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt <span class=\"_ _0\"></span>Inc<span class=\"_ _0\"></span>. i<span class=\"_ _0\"></span>nfo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>em c<span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>um aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de l<span class=\"_ _0\"></span>ong<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>azo <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 40<span class=\"_ _0\"></span>0 <span class=\"_ _0\"></span>mil<span class=\"_ _0\"></span>h\u00f5es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>USD,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ar\u00e1<span class=\"_ _0\"></span> a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>mei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>fase<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Mac<span class=\"_ _0\"></span>use<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ace<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>odov<span class=\"_ _0\"></span>i\u00e1<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ual <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span> a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ter<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s ag<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a (<span class=\"ff7\">w<span class=\"_ _0\"></span>ood<span class=\"_ _0\"></span>chi<span class=\"_ _0\"></span>ps<span class=\"_ _0\"></span><span class=\"ff1\">), f<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>zan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>acid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ar n<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> at\u00e9<span class=\"_ _0\"></span> 6<span class=\"_ _0\"></span>5.00<span class=\"_ _0\"></span>0 <span class=\"_ _0\"></span>DWT<span class=\"_ _0\"></span>. </span></span>Ten<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> atr<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>in\u00ed<span class=\"_ _0\"></span>cio <span class=\"_ _0\"></span>da c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>elh<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>pec<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nfra<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>entr<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>em 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>6/20<span class=\"_ _0\"></span>27<span class=\"_ _0\"></span>. A N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gov<span class=\"_ _0\"></span>ern<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de Mo<span class=\"_ _0\"></span>\u00e7a<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e t<span class=\"_ _0\"></span>\u00eam<span class=\"_ _0\"></span> vin<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>trab<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>har<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Mo<span class=\"_ _0\"></span>U <span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>o em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>18<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>fome<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o, t<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>mei<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ama<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Fo<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>Fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Mo\u00e7a<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> ini<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>rnam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>iam<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span> Ba<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span> Mun<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>al.<span class=\"_ _0\"></span> O <span class=\"_ _0\"></span>obj<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>move<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>pla<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>flo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>comer<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ent\u00e1<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>is d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>uen<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> m\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>a es<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> \u00e1r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> sid<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ca d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2.000<span class=\"_ _0\"></span> h<span class=\"_ _0\"></span>a en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>19<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2.<span class=\"_ _0\"></span> A <span class=\"_ _0\"></span>Port<span class=\"_ _0\"></span>uce<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>Mo\u00e7<span class=\"_ _0\"></span>ambi<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> tid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>um p<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e im<span class=\"_ _0\"></span>ple<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>ama<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>div<span class=\"_ _0\"></span>ers<span class=\"_ _0\"></span>os a<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>def<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>del<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>ilv<span class=\"_ _0\"></span>icu<span class=\"_ _0\"></span>ltur<span class=\"_ _0\"></span>a,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>rne<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>clo<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s a <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>o bo<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>aces<span class=\"_ _0\"></span>so a<span class=\"_ _0\"></span> mat<span class=\"_ _0\"></span>\u00e9r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s-pr<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> k<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>w-ho<span class=\"_ _0\"></span>w. Foi<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>\u00e9m<span class=\"_ _0\"></span> ini<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>hei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>deir<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> Por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>cel<span class=\"_ _0\"></span> Mo\u00e7<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> Ma<span class=\"_ _0\"></span>nic<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o a<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Bei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>mit<span class=\"_ _0\"></span>ir\u00e1,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> obj<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s, col<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> Mo<span class=\"_ _0\"></span>\u00e7am<span class=\"_ _0\"></span>biq<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>mapa<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>und<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>nd\u00fa<span class=\"_ _0\"></span>stri<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>flor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span>o l<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>go d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>, 3for<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>lhi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s ce<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e 1<span class=\"_ _0\"></span>00.<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>0 m de<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o si<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ncre<span class=\"_ _0\"></span>tiz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>tr\u00ea<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>arqu<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 3nav<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a P<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>uga<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m cer<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>00.<span class=\"_ _0\"></span>000<span class=\"_ _0\"></span> m. Ao <span class=\"_ _0\"></span>n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> pri<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>l fa<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>mea<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>tivi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>file<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>al do<span class=\"_ _0\"></span> eu<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>to r<span class=\"_ _0\"></span>esi<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>bai<span class=\"_ _0\"></span>xa<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>tivi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>flor<span class=\"_ _3b\"></span>esta <span class=\"_ _0\"></span>port<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>sa, <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>apre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>da in<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>abili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>sce<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>sce<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>c\u00ean<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e fi<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ssan<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>A c<span class=\"_ _0\"></span>onju<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fat<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>sem<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> nos<span class=\"_ _0\"></span> \u00fa<span class=\"_ _0\"></span>lti<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> ano<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nha<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>didas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>\u00e9gi<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Est<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>or, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>obri<span class=\"_ _0\"></span>gad<span class=\"_ _0\"></span>o <span class=\"ls15\">\u00e0 </span>im<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>t\u00e9r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>-pri<span class=\"_ _0\"></span>ma,<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>so q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>etor<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Sen<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>ndu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rial<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>epe<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te d<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>oni<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>at\u00e9ri<span class=\"_ _0\"></span>a-<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>ma em<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ndus<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>iais<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>so p<span class=\"_ _0\"></span>a\u00ed<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>\u00e9 c<span class=\"_ _0\"></span>hoc<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue a<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>apos<span class=\"_ _0\"></span>ta n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>\u00e1re<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>flor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>met<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>sus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bilid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>seto<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>t\u00e2n<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tem <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tuga<span class=\"_ _0\"></span>l. O d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>afi<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>flo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iva <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>como<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>ixo<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>gic<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>olvi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to.<span class=\"_ _0\"></span> En<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r, <span class=\"_ _0\"></span>a Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span> vin<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>mov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> v\u00e1<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nici<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>ir <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nver<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a te<span class=\"_ _0\"></span>nd\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span>Est<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>\u00e1rea<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sde <span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>lhor<span class=\"_ _3b\"></span>adas <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>nie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e um<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>gra<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> mel<span class=\"_ _0\"></span>hor<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>en\u00e9<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>d\u00e9<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>vim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>apo<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>cnic<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> (com<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rog<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Prem<span class=\"_ _0\"></span>ium<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>o e-<span class=\"_ _0\"></span>glo<span class=\"_ _0\"></span>bul<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>poi<span class=\"_ _0\"></span>o t\u00e9<span class=\"_ _0\"></span>cni<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> atr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>zen<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5es <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>rma\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>emen<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> as <span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>Fo<span class=\"_ _0\"></span>rnec<span class=\"_ _0\"></span>edo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>amo<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tend<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsf<span class=\"_ _0\"></span>er\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>etor<span class=\"_ _3b\"></span>). Com<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te, <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>\u00e9s d<span class=\"_ _0\"></span>a B<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nd <span class=\"_ _0\"></span>(a<span class=\"_ _0\"></span>ssoc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span><span class=\"ls2f\">io<span class=\"ls0\">ind\u00fa<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>l<span class=\"ls98\">, </span></span></span>re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>s gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ind<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>tor)<span class=\"_ _0\"></span>, a <span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>\u00e9m<span class=\"_ _0\"></span> cola<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>o no <span class=\"_ _0\"></span>Pr<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>a M<span class=\"_ _0\"></span>elh<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Eu<span class=\"_ _0\"></span>calip<span class=\"_ _0\"></span>to,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> \u201cLim<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span> &amp; <span class=\"_ _0\"></span>Adu<span class=\"_ _0\"></span>ba\u201d<span class=\"_ _0\"></span>. Ao<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>igo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a in<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Bio<span class=\"_ _0\"></span>nd <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>a sua<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>adu<span class=\"_ _0\"></span>ba\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>cel<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>cula<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> se can<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>ama<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>lim<span class=\"_ _0\"></span>pem<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>opri<span class=\"_ _0\"></span>eda<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tais<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>uca<span class=\"_ _0\"></span>lip<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>. Es<span class=\"_ _0\"></span>ta me<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>pot<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e, p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>mite<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>c\u00ea<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>rga<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ust\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>cel<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pact<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e 1<span class=\"_ _0\"></span>5.0<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span> h<span class=\"_ _0\"></span>a du<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21 <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 14.<span class=\"_ _0\"></span>55<span class=\"_ _0\"></span>0 ha<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, <span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>umul<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 47.<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>0 h<span class=\"_ _0\"></span>a j<span class=\"_ _0\"></span>\u00e1 in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span> Bi<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>\u00e1 a<span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>2 p<span class=\"_ _0\"></span>rog<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>adi<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> o<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>anta<span class=\"_ _0\"></span>r -<span class=\"_ _0\"></span> </span></span>qu<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>a fo<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>opr<span class=\"_ _0\"></span>iet\u00e1r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>apoi<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>iret<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>s fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>is d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>cali<span class=\"_ _0\"></span>pto<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>hect<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 no<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onc<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ho d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Ped<span class=\"_ _0\"></span>r\u00f3g<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>ande<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>m com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nici<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ig<span class=\"_ _0\"></span>ual t<span class=\"_ _0\"></span>eo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> R<span class=\"_ _0\"></span>ecu<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>\u00c1re<span class=\"_ _0\"></span>as A<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>- vi<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> </span></span>\u00e1re<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> ar<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>stig<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>16<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>18 p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>lit<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>as \u00e1re<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>al (<span class=\"_ _0\"></span>40<span class=\"_ _0\"></span>0 h<span class=\"_ _0\"></span>ect<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>exe<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os em<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2). A a<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>cos <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>c\u00ean<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>fit<span class=\"_ _0\"></span>oss<span class=\"_ _0\"></span>anid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>acr<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um amb<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>egul<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>\u00f3ri<span class=\"_ _0\"></span>o fo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>emen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tal <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>onal<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>m le<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m de<span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>imo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s n\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ven\u00e7\u00e3<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>la,<span class=\"_ _0\"></span> cuj<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>dica<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>avan<span class=\"_ _0\"></span>\u00e7ad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>a ev<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>u\u00e7\u00e3o<span class=\"_ _0\"></span> (r<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>a) d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> \u00e1r<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tais<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as o<span class=\"_ _0\"></span>u re<span class=\"_ _0\"></span>flo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>stad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>a\u00eds.<span class=\"_ _0\"></span> A s<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>um s<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>gran<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>n\u00fa<span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>eque<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s F<span class=\"_ _0\"></span>orn<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>rvi<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s, e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e1 de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> n\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vida<span class=\"_ _0\"></span>de (i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>p\u00e9c<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>) q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>noss<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pa\u00eds<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>tem <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>, com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o a <span class=\"_ _0\"></span>sus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bilid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sari<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, f<span class=\"_ _0\"></span>und<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>enta<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>gura<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>as in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es e<span class=\"_ _3b\"></span>m esp<span class=\"_ _0\"></span>a\u00e7o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ural<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>tem <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>r r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co e<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gi\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>pa\u00ed<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>one<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nific<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> mu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>fam\u00ed<span class=\"_ _0\"></span>lia<span class=\"_ _0\"></span>s. No<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>diz<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spei<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nc\u00ean<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>os r<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s, o<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> a at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>se en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xpo<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>uze<span class=\"_ _0\"></span>m-s<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> seg<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span>s: i.<span class=\"_ _af\"> </span><span class=\"ls0\">Na d<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>rui<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>toc<span class=\"_ _0\"></span>ks<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>uais<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>mad<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pr\u00f3<span class=\"_ _0\"></span>prio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>eiro<span class=\"_ _0\"></span>s;</span>ii.<span class=\"_ _af\"> </span><span class=\"ls0\">Em c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>acr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>scid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>plor<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ster<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>err<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a</span>pl<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o.Ne<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>ria,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>plor<span class=\"_ _3b\"></span>a\u00e7\u00f5es<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>poss<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>i a<span class=\"_ _0\"></span> prim<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>nha de<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>tig<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>te r<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> Ac<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ce <span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>sfo<span class=\"_ _0\"></span>r\u00e7o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e Ino<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>De<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>lvi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e vi<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>pta<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>t\u00e9c<span class=\"_ _0\"></span>nic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> sil<span class=\"_ _0\"></span>vic<span class=\"_ _0\"></span>ultu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>alid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l,<span class=\"_ _0\"></span> vis<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a mi<span class=\"_ _0\"></span>tig<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>lho<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>r\u00e1<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a C<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>hia <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>os op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ador<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado. De <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>med<span class=\"_ _0\"></span>idas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>is s<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>met<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>upul<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>o cum<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e b<span class=\"_ _0\"></span>iod<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>rsi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> ade<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ane<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>stal<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>a e<span class=\"_ _3b\"></span>xecut<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>e a <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>ute<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cami<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e vi<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ada <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> \u00e1r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>exp<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ar r<span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>v\u00e2<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ga\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>c\u00eand<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>. Par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>l\u00e9<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rtic<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> ag<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Afo<span class=\"_ _0\"></span>celc<span class=\"_ _0\"></span>a <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> u<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>upa<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>ple<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> </span></span>de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po N<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>igato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Alt<span class=\"_ _0\"></span>ri <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> esp<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m po<span class=\"_ _0\"></span>r mi<span class=\"_ _3b\"></span>ss\u00e3o <span class=\"_ _0\"></span>apo<span class=\"_ _0\"></span>iar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ate a<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>c\u00ean<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>flor<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s na<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> agr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stri<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>coo<span class=\"_ _0\"></span>rde<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>labo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a Aut<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Pr<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>e\u00e7\u00e3o<span class=\"_ _0\"></span> Ci<span class=\"_ _0\"></span>vil<span class=\"_ _0\"></span> \u2013<span class=\"_ _9b\"> </span><span class=\"ff1\">ANE<span class=\"_ _0\"></span>PC.<span class=\"_ _0\"></span> Es<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> ag<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o g<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um o<span class=\"_ _0\"></span>r\u00e7<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ce<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de 3<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ilh<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> eu<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s, s<span class=\"_ _0\"></span>em</span>fun<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>\u00fabl<span class=\"_ _0\"></span>ico<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> cri<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o um<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>fici<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>flex<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>el,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>olve<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00e1t<span class=\"_ _0\"></span>icas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>cust<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>e\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nimi<span class=\"_ _0\"></span>zar<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rej<span class=\"_ _0\"></span>u\u00edz<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nc\u00ea<span class=\"_ _0\"></span>ndio<span class=\"_ _0\"></span>s fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>is r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ntam<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra a<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> AC<span class=\"_ _0\"></span>E, <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xpl<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>19<span class=\"_ _0\"></span>0 mi<span class=\"_ _0\"></span>l h<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>tare<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m P<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>uga<span class=\"_ _0\"></span>l O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>um i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>titu<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tig<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>o R<span class=\"_ _0\"></span>AIZ,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> sua<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de em<span class=\"_ _0\"></span> 3 <span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>ais:<span class=\"_ _0\"></span> Inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ga\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>Apl<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>da,<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> Fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Na <span class=\"_ _0\"></span>\u00e1re<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>da i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>o R<span class=\"_ _0\"></span>AIZ <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ocu<span class=\"_ _0\"></span>ra:<span class=\"_ _0\"></span> i.<span class=\"_ _af\"> </span><span class=\"ls0\">Aume<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>alip<span class=\"_ _0\"></span>to;</span>ii.<span class=\"_ _af\"> </span><span class=\"ls0\">Melh<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ar a<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uali<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>fibr<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oduz<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>eira<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>\u00e9cie<span class=\"_ _0\"></span>;</span>iii<span class=\"_ _0\"></span>.<span class=\"_ _af\"> </span>Imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>ges<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pon<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>\u00f3mic<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>bie<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>;iv<span class=\"_ _0\"></span>.<span class=\"_ _af\"> </span>Indu<span class=\"_ _0\"></span>zi<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>r\u00e1<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>cess<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ten<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nui\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o damad<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>.9.1.2.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Risco<span class=\"_ _1\"></span>s associados<span class=\"_ _1\"></span> \u00e0 produ\u00e7\u00e3o e<span class=\"_ _1\"></span> comercializa\u00e7\u00e3<span class=\"_ _1\"></span>o de pasta BEKP<span class=\"_ _1\"></span>, </span>papel UWF e p<span class=\"_ _1\"></span>apel <span class=\"ff8\">tissue<span class=\"_ _1\"></span></span> Abastecimento de mat\u00e9rias-primas O a<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>(m<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>eni<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>im\u00f3<span class=\"_ _0\"></span>nio<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> arr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>) p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>BEK<span class=\"_ _0\"></span>P \u00e9<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> cer<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 11<span class=\"_ _0\"></span>% d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ssid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> (2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1: <span class=\"_ _0\"></span>18%<span class=\"_ _0\"></span>). <span class=\"_ _0\"></span>Po<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>ste <span class=\"_ _0\"></span>fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>nece<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de, <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>gul<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rrer<span class=\"_ _0\"></span> \u00e0 com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de m<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cado<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span> ins<span class=\"_ _0\"></span>ufi<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e),<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>hol<span class=\"_ _0\"></span> <span class=\"ff9\">e <span class=\"_ _0\"></span>ao<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>n\u00e3o <span class=\"_ _0\"></span>eur<span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>\u201cex<span class=\"_ _0\"></span>trai<span class=\"_ _0\"></span>b\u00e9<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a\u201d),<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>alme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e Br<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>il, <span class=\"_ _0\"></span>Ur<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>uai <span class=\"_ _0\"></span>e </span>Mo\u00e7<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>(pr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>eni<span class=\"_ _0\"></span>ente<span class=\"_ _3b\"></span>, ess<span class=\"_ _0\"></span>enc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>lme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>VG)<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>acr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>o com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l po<span class=\"_ _0\"></span>r r<span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>e.  O a<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>nam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>acion<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>nom<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>dam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ucal<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, es<span class=\"_ _0\"></span>t\u00e1 <span class=\"_ _0\"></span>suj<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, o <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tem con<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>as de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a BE<span class=\"_ _0\"></span>KP<span class=\"_ _0\"></span>. Ac<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>e q<span class=\"_ _0\"></span>ue a<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>ola<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>log<span class=\"_ _0\"></span>\u00eds<span class=\"_ _0\"></span>tica<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>spor<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>adei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> \u00e0s <span class=\"_ _0\"></span>f\u00e1b<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> tam<span class=\"_ _0\"></span>b\u00e9<span class=\"_ _0\"></span>m im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>feit<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>\u00e7os<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>bus<span class=\"_ _0\"></span>t\u00edve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> uti<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>os, <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>tr\u00f3<span class=\"_ _0\"></span>leo<span class=\"_ _0\"></span>, m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>vio<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> dim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>em o<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>miz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>etor<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span>cil<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fre<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>ar\u00ed<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>os. Est<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>ovas<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>jei<span class=\"_ _0\"></span>ta \u00e0<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a po<span class=\"_ _0\"></span>l\u00edt<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tri\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>sci<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e \u00e1<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> pod<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> lim<span class=\"_ _0\"></span>itar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>cion<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, n\u00e3o<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>tant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m m<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>tas <span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>aju<span class=\"_ _0\"></span>dar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>, en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>apo<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nder<span class=\"_ _0\"></span> \u00e0<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> Com<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>(pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>) ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tific<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>ncr<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as \u00e1<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>as ex<span class=\"_ _0\"></span>iste<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>aior<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>spon<span class=\"_ _0\"></span>ibi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>\u00e9ri<span class=\"_ _0\"></span>a-pr<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>acio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>curs<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e0 im<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r\u00e1 <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>mpre<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>vit<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>o/<span class=\"_ _0\"></span>m\u00e9di<span class=\"_ _0\"></span>o/l<span class=\"_ _0\"></span>ong<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>zo. Pe<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>ufi<span class=\"_ _0\"></span>ci\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>nac<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>quan<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m de<span class=\"_ _0\"></span> aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> mad<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>sej<span class=\"_ _3b\"></span>a de <span class=\"_ _0\"></span>Espa<span class=\"_ _0\"></span>nha<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ros <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>r o <span class=\"_ _0\"></span>abas<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>\u00e0s <span class=\"_ _0\"></span>f\u00e1b<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>na(<span class=\"_ _0\"></span>s)<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3xi<span class=\"_ _0\"></span>ma(s<span class=\"_ _0\"></span>) d\u00e9<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a(s<span class=\"_ _0\"></span>). Imp<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>send<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a ma<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>pais<span class=\"_ _0\"></span> cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span>, 3qu<span class=\"_ _0\"></span>alq<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> ag<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>cust<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>m de<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>deir<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> eu<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>ipt<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>BEK<span class=\"_ _0\"></span>P <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>mpre<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>egat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>nos r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>iona<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>. Re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>t\u00e9r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span>-pr<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>omea<span class=\"_ _0\"></span>dam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>dut<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>qu\u00ed<span class=\"_ _0\"></span>mic<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, o <span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>pal<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>sez<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nibi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>utos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>\u00e7a<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>proc<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>dut<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a \u00c1s<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cado<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span>s aba<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>\u00e7a<span class=\"_ _0\"></span>m, <span class=\"_ _0\"></span>que<span class=\"_ _3b\"></span> pode<span class=\"_ _0\"></span>r\u00e3<span class=\"_ _0\"></span>o cr<span class=\"_ _0\"></span>iar<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>l\u00edb<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>s po<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e of<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>a. A e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>spei<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Navig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>conj<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>Al<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>abele<span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 20<span class=\"_ _0\"></span>18<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> Agr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o C<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> Pul<span class=\"_ _0\"></span>p <span class=\"_ _0\"></span>Che<span class=\"_ _0\"></span>m, A<span class=\"_ _0\"></span>CE <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>o \u00e0<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o c<span class=\"_ _0\"></span>onj<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ta </span></span></span></span>de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>s qu<span class=\"_ _0\"></span>\u00edmi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>ben<span class=\"_ _0\"></span>efic<span class=\"_ _0\"></span>ian<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>omi<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cala<span class=\"_ _0\"></span> e,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>m, <span class=\"_ _0\"></span>miti<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>. O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ocu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>mit<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>stes<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>cos <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m <span class=\"ff7\">so<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>cing<span class=\"ff1\"> <span class=\"_ _0\"></span><span class=\"lsd\">pr<span class=\"ls0\">oa<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ura <span class=\"_ _0\"></span>a </span></span></span></span>id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>bast<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ers<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ograf<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>da ass<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>abas<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>raz<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> lh<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>asse<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span> n\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>olu<span class=\"_ _0\"></span>me,<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>o e qu<span class=\"_ _0\"></span>alid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>at\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>sito<span class=\"_ _0\"></span>s. Fi<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte,<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>utro<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>urso<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00e1rio<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara <span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>so p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>\u00e1gu<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span>Sen<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>\u00e1gu<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m re<span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nit<span class=\"_ _0\"></span>o e <span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e0 su<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>v\u00e2n<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ocess<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>odut<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>ta e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>miu <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>reo<span class=\"_ _0\"></span>cup<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>va\u00e7\u00e3<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>, ao<span class=\"_ _0\"></span> l<span class=\"_ _0\"></span>ong<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00fal<span class=\"_ _0\"></span>timos<span class=\"_ _0\"></span> ano<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>du\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>te i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>. N<span class=\"_ _0\"></span>o \u00e2<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Pro<span class=\"_ _0\"></span>gram<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>du\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>Us<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> \u00c1g<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>(PR<span class=\"_ _0\"></span>UA)<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>foi <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ss\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>duz<span class=\"_ _0\"></span>ir <span class=\"_ _0\"></span>em 1<span class=\"_ _0\"></span>0%<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>iliz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>\u00e1gu<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>exo<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ustr<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>19<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> bas<span class=\"_ _0\"></span>e)<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>2022<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o-<span class=\"_ _0\"></span>se d<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>nui<span class=\"_ _0\"></span>r o<span class=\"_ _0\"></span> uso<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>curs<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em, <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> 33<span class=\"_ _0\"></span>% a<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span> 203<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span> Es<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>cami<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>faz<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>arte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>gia <span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>gen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> e q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>t\u00e1 <span class=\"_ _0\"></span>a se<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>siste<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00f3xi<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ngi<span class=\"_ _0\"></span>r o<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>da sua<span class=\"_ _0\"></span> Ag<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>30. Pre\u00e7o de mercado da pasta BEKP, papel UWF e papel <span class=\"ff8\">tissue</span> Des<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>uil\u00ed<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>la\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> ofer<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>/p<span class=\"_ _0\"></span>roc<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a BE<span class=\"_ _0\"></span>KP<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l U<span class=\"_ _0\"></span>WF<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> ti<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>e<span class=\"ff1\"> p<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>mpac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>re\u00e7<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>teme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tabil<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o </span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Os <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> BE<span class=\"_ _0\"></span>KP <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> UW<span class=\"_ _0\"></span>F e<span class=\"_ _0\"></span> <span class=\"ff7\">t<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>ue<span class=\"ff1\"> <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> for<span class=\"_ _3b\"></span>mados<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> </span></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> mu<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>regi<span class=\"_ _0\"></span>me <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onc<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia <span class=\"_ _0\"></span>glo<span class=\"_ _0\"></span>bal<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> inf<span class=\"_ _0\"></span>lue<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as re<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>am,<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>lme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> alt<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>a e <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ocur<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>mund<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>is e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a si<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n\u00f3mi<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>e fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> dif<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> ag<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>veni<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>stes<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>(Pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>es,<span class=\"_ _0\"></span> Tra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span><span class=\"ff1\">, D<span class=\"_ _0\"></span>istr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>uido<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>Clie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>tc<span class=\"_ _0\"></span>.) a<span class=\"_ _0\"></span> n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>undia<span class=\"_ _0\"></span>l,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>voc<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> dif<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> </span>suc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>n\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>\u00e7os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>uil\u00ed<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a vo<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>o g<span class=\"_ _0\"></span>lob<span class=\"_ _0\"></span>al.<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>BEK<span class=\"_ _0\"></span>P e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> pel<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue,<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>ntu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>, v<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nif<span class=\"_ _0\"></span>icati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>apa<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du\u00e7\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ode<span class=\"_ _0\"></span>r\u00e3o<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>um im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>exp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>e\u00e7o<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>undi<span class=\"_ _0\"></span>al. <span class=\"_ _0\"></span>Est<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>t\u00ea<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>uir <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>\u00e9gi<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>mark<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span><span class=\"ff7\">br<span class=\"_ _0\"></span>andi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span><span class=\"ff1\"> <span class=\"lsd\">del</span>ine<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>eali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>r i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> </span></span>si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>lho<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>r a <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utivid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>os di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a qu<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de.<span class=\"_ _0\"></span>  Procura dos produtos do Grupo Sem<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rej<span class=\"_ _0\"></span>u\u00edz<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u00e0 c<span class=\"_ _0\"></span>onc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tra\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Clie<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> do Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> eve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ui\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ocu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> BE<span class=\"_ _0\"></span>KP, <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>WF e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span><span class=\"ff7\">tiss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span><span class=\"ff1\"> nos<span class=\"_ _0\"></span> </span></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s da<span class=\"_ _0\"></span> Un<span class=\"_ _0\"></span>i\u00e3<span class=\"_ _0\"></span>o E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>opei<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> Es<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>Uni<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>\u00e1 t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> sig<span class=\"_ _0\"></span>nif<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>as ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po.<span class=\"_ _0\"></span> A <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>BEK<span class=\"_ _0\"></span>P p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>pen<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>mb\u00e9<span class=\"_ _0\"></span>m da<span class=\"_ _0\"></span> ev<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o da<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>stal<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l a <span class=\"_ _0\"></span>n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> mu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ial,<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cipai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>Clie<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>BEK<span class=\"_ _0\"></span>P d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l. A p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pap<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>scri<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>\u00e1 r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m f<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span>es mac<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>on\u00f3<span class=\"_ _0\"></span>mic<span class=\"_ _0\"></span>os (<span class=\"_ _0\"></span>p.<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> evo<span class=\"_ _0\"></span>lu\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> PIB<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>omead<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ofis<span class=\"_ _0\"></span>s\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span><span class=\"ff7\">whit<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>r<span class=\"ff1 ls10\">, </span></span>\u00edn<span class=\"_ _0\"></span>dice<span class=\"_ _3b\"></span>s de <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>fia<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span>), <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>cnol\u00f3<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s (p<span class=\"_ _0\"></span>.e<span class=\"_ _0\"></span>. p<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tecno<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>gia<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nfor<span class=\"_ _3b\"></span>ma\u00e7\u00e3o<span class=\"_ _0\"></span> e har<span class=\"_ _0\"></span>dw<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>/so<span class=\"_ _0\"></span>ft<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nadam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>elac<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>cnol<span class=\"_ _0\"></span>ogi<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esar<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>emog<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>\u00e1fi<span class=\"_ _0\"></span>cos (<span class=\"_ _0\"></span>p.<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> pop<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>n\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>t\u00e1ri<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>da soc<span class=\"_ _0\"></span>ied<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e)<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span> evo<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>es f<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nfl<span class=\"_ _0\"></span>uen<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ocu<span class=\"_ _0\"></span>ra d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> pos<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>ivam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue, <span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>oss<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nd\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>lu\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mo de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>\u00e9 ne<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>a\u00ed<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>dese<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>vido<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>tiva<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>st\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>a\u00ed<span class=\"_ _0\"></span>ses <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>erg<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>/em de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>vim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to.<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>atur<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sem<span class=\"_ _0\"></span>pen<span class=\"_ _0\"></span>ho <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>epe<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tamb<span class=\"_ _0\"></span>\u00e9m<span class=\"_ _0\"></span> da ev<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o da<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>rso<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>a. No<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>\u00e0 pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a de <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>uca<span class=\"_ _0\"></span>lipt<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e1 <span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te e<span class=\"_ _0\"></span>m l<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ga me<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o-<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> gr<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>e im<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>cri<span class=\"_ _0\"></span>ta,<span class=\"_ _0\"></span> <span class=\"ff7\">t<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>sue<span class=\"ff1\"> <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ocu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>chin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tip<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ta </span></span>re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 1/3<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>ocu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> mu<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>az <span class=\"_ _0\"></span>da C<span class=\"_ _0\"></span>hin<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>tant<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> dr<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ocur<span class=\"_ _0\"></span>a.<span class=\"_ _0\"></span> Qua<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span><span class=\"ff7\">tis<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e<span class=\"ff1\">, <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>var<span class=\"_ _0\"></span>i\u00e1v<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> ch<span class=\"_ _0\"></span>ave<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>flue<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>am a<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>roc<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tip<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>l s<span class=\"_ _0\"></span>\u00e3o: </span></span>\uf02d<span class=\"ffb\"> <span class=\"_ _41\"> </span><span class=\"ff1\">Cres<span class=\"_ _0\"></span>cime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>n\u00f3m<span class=\"_ _0\"></span>ico<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>do; </span></span>\uf02d<span class=\"ffb\"> <span class=\"_ _41\"> </span><span class=\"ff1\">Cres<span class=\"_ _0\"></span>cime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pop<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> out<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>gr\u00e1<span class=\"_ _0\"></span>fica<span class=\"_ _0\"></span>s e<span class=\"_ _3b\"></span> soci<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>; </span></span>\uf02d<span class=\"ffb\"> <span class=\"_ _41\"> </span><span class=\"ff1\">N\u00edvel<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nvol<span class=\"_ _3b\"></span>vimen<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>io, <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>adam<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>turi<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>o; </span></span>\uf02d<span class=\"ffb\"> <span class=\"_ _41\"> </span><span class=\"ff1\">Padr\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> hi<span class=\"_ _0\"></span>gie<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> n\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>netr<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>to; </span></span>\uf02d<span class=\"ffb\"> <span class=\"_ _41\"> </span><span class=\"ff1\">Dese<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>lvi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>uali<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pap<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span><span class=\"ff7\">ti<span class=\"_ _0\"></span>ssue<span class=\"_ _0\"></span><span class=\"ff1\"> e<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>cifi<span class=\"_ _0\"></span>ca\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>; e </span></span></span></span>\uf02d<span class=\"ffb\"> <span class=\"_ _41\"> </span><span class=\"ff1\">Efei<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ubst<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ui\u00e7<span class=\"_ _0\"></span>\u00e3o. </span></span>O c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sum<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span><span class=\"ff7\">ti<span class=\"_ _0\"></span>ssue<span class=\"_ _0\"></span><span class=\"ff1\"> n\u00e3<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>uit<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sens<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>l a<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>c\u00edcl<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mia,<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>uito<span class=\"_ _0\"></span> </span></span>em<span class=\"_ _0\"></span>bor<span class=\"_ _3b\"></span>a o co<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> ti<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> mai<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m m<span class=\"_ _0\"></span>aior<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>esci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>\u00f3mi<span class=\"_ _0\"></span>co.<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>arti<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>, u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>re\u00e7<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ode<span class=\"_ _0\"></span> cri<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"ff7\">d<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>ngr<span class=\"_ _0\"></span>adi<span class=\"_ _0\"></span>ng<span class=\"ff1\"> <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>mo. </span></span>A i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>t\u00e2n<span class=\"_ _0\"></span>cia <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> cre<span class=\"_ _0\"></span>sci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>\u00f3mi<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>umo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>e<span class=\"ff1\"> <span class=\"_ _0\"></span>\u00e9 m<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>vide<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>a\u00ed<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s </span></span>em<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>lvi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to.<span class=\"_ _0\"></span> Se<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> n\u00edve<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>ta \u00e9<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>uit<span class=\"_ _0\"></span>o b<span class=\"_ _0\"></span>aix<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> o c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> <span class=\"ff7\">t<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>sue<span class=\"ff1\"> </span></span>te<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> ser<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>zid<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> H\u00e1 <span class=\"_ _0\"></span>um l<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>\u00f3s<span class=\"_ _0\"></span> o q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>mo a<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ler<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span>O c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>on\u00f3m<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>aio<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> dri<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> ti<span class=\"_ _0\"></span>po d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> pop<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ntos<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> bai<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s. N<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ono<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nd\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>eto<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>do T<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ismo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rsp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>va-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>cup<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>adu<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>umo <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>etor<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al, <span class=\"_ _0\"></span>\u00e0 m<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eja<span class=\"_ _0\"></span>m l<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span> \u00e0 m<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>maliz<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>uxo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>tur\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>O p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l <span class=\"ff7\">t<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>sue<span class=\"ff1\"> <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>to q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>nfre<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>mea<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e </span></span>sub<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ui\u00e7\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>tros<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ater<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Em <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>rap<span class=\"_ _0\"></span>art<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a, alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pad<span class=\"_ _0\"></span>r\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> hi<span class=\"_ _0\"></span>gien<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e <span class=\"_ _0\"></span>lim<span class=\"_ _0\"></span>pez<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>soci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>\u00e0 a<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l c<span class=\"_ _0\"></span>rise<span class=\"_ _0\"></span> san<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>r\u00e3o<span class=\"_ _0\"></span> a i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>uls<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sum<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span><span class=\"ff7\">tis<span class=\"_ _0\"></span>sue<span class=\"_ _0\"></span><span class=\"ff1\">. </span></span>As <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>er\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>umid<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r um<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpac<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ocu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>glo<span class=\"_ _0\"></span>bal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> ou <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>rto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>tip<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>r, <span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utos<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om f<span class=\"_ _0\"></span>ibr<span class=\"_ _0\"></span>a vi<span class=\"_ _0\"></span>rge<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>da.<span class=\"fc2\"> </span>Re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span>ria,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ncr<span class=\"_ _0\"></span>eto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>WF e<span class=\"_ _0\"></span> <span class=\"ff7\">t<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>sue<span class=\"ff1\">,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>\u00ea q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>a </span></span>es<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>gia <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g e<span class=\"_ _0\"></span> <span class=\"ff7\">b<span class=\"_ _0\"></span>rand<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"ff1\"> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>vind<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>r,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>soci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a ao<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s </span></span>si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>hor<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>zir<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>alid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>ador<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, l<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>car <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span> prod<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>o me<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ens\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ra,<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ermi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a me<span class=\"_ _0\"></span>nor<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o. Energ<span class=\"ls55\">ia</span> O p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>sso <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>asta<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>l \u00e9<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> aba<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e en<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>gia<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>\u00e9tr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a e <span class=\"_ _0\"></span>vap<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o di<span class=\"_ _0\"></span>sp\u00f5<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>div<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> uni<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>comb<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>gia <span class=\"_ _0\"></span>el\u00e9<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>oge<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>uram<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>und<span class=\"_ _0\"></span>\u00e2nc<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>tre <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>form<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> eve<span class=\"_ _0\"></span>ntu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>plan<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>.  Adi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>alme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ossu<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>cent<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>is t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>moel<span class=\"_ _0\"></span>\u00e9tr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a bi<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>epen<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el,<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>\u00e0 pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a el<span class=\"_ _0\"></span>\u00e9tr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>enov<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>inj<span class=\"_ _0\"></span>e\u00e7\u00e3<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>l\u00e9<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ca. No<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>adr<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>t\u00f3ri<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> a t<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>el\u00e9<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>las cog<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>.  De <span class=\"_ _0\"></span>fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>oda<span class=\"_ _0\"></span>s as<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eno<span class=\"_ _0\"></span>v\u00e1v<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o em<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>go <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>De<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>to-<span class=\"_ _0\"></span>Le<span class=\"_ _0\"></span>i n<span class=\"_ _0\"></span>.\u00ba <span class=\"_ _0\"></span>119<span class=\"_ _0\"></span>-A/<span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 22<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>is con<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o A<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>go 3<span class=\"_ _0\"></span>5.\u00ba <span class=\"_ _0\"></span>-Y<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>me e<span class=\"_ _0\"></span>xc<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>apli<span class=\"_ _0\"></span>c\u00e1ve<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>\u00e0 at<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cog<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o. <span class=\"_ _0\"></span>Est<span class=\"_ _0\"></span>e di<span class=\"_ _0\"></span>plo<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>mit<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>a tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>odal<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gime<span class=\"_ _3b\"></span> re<span class=\"_ _0\"></span>mun<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>t\u00f3<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>, v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ercad<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ssibi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>teri<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>mod<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>rige<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>rmo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>n.\u00ba<span class=\"_ _0\"></span> 2 <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Art<span class=\"_ _0\"></span>.\u00ba <span class=\"_ _0\"></span>6 <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>De<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>to-<span class=\"_ _0\"></span>Lei<span class=\"_ _0\"></span> n.<span class=\"_ _0\"></span>\u00ba 2<span class=\"_ _0\"></span>3/2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>0, d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>25 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Mar<span class=\"_ _0\"></span>\u00e7o na <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Adi<span class=\"_ _0\"></span>cion<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>\u00e9m <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tral<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>icl<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>\u00e1s <span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>de Set<span class=\"_ _0\"></span>\u00fab<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>\u00e1 s<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rav<span class=\"_ _0\"></span>a em<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>me <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>arci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>etr<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>, pas<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>u n<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>otal<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>gim<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>o. Risco Pa\u00eds - Portugal O <span class=\"ls0\">Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>rtu<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span>. A <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>t\u00e1 <span class=\"_ _0\"></span>alic<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00e7ad<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m </span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>uj<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>al l<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>rtu<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span>. D<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma,<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>20%<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>mat\u00e9<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a-pr<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>\u00e9m <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> flor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ugu<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>as. O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> \u00e9 o<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>maio<span class=\"_ _0\"></span>r ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ador<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m P<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> mai<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> Ac<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sce<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>do Nac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ando<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>xim<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> 1%<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> PIB<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>3% d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> exp<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> nac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e b<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s, p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de 6<span class=\"_ _0\"></span>% <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> tot<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>onte<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>riz<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xpor<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> por<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> nac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s. Ain<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aber<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>undo<span class=\"_ _0\"></span>, a <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nd\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>u pa\u00ed<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>gem<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>erm<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de f<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> exp<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo <span class=\"_ _0\"></span>ao \u00ed<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tuga<span class=\"_ _0\"></span>l. Risco Pa\u00eds - Mo\u00e7ambique Em <span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ude<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>time<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>roj<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Mo\u00e7<span class=\"_ _0\"></span>ambi<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a-se <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sto ao <span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>o es<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c\u00edfi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>\u00eds. <span class=\"_ _0\"></span>Tod<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>ia,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pon<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> de cal<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dar<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>olh<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> For<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ced<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es/<span class=\"_ _0\"></span>Par<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros <span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>geo<span class=\"_ _0\"></span>gr\u00e1<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m si<span class=\"_ _0\"></span>do con<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>acor<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>cau<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tiz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> pass<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m raz<span class=\"_ _0\"></span>o\u00e1<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>l se<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>an\u00e7<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> n\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>r\u00e3o<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>dec<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco.<span class=\"_ _0\"></span> Ne<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>Mo<span class=\"_ _0\"></span>\u00e7am<span class=\"_ _0\"></span>biq<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>\u00e9 e<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>enci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> car<span class=\"_ _0\"></span>iz <span class=\"_ _0\"></span>flo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>vime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>proj<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>ndu<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>. O <span class=\"_ _0\"></span>inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rev<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>r\u00e1 <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r con<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>dua<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> a p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>meir<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>\u00e1 <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>jet<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>odu\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>(<span class=\"ff7\">w<span class=\"_ _0\"></span>oodc<span class=\"_ _0\"></span>hip<span class=\"_ _0\"></span>s<span class=\"ff1\">)<span class=\"_ _0\"></span> e,<span class=\"_ _0\"></span> </span></span>num<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>fas<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>stru<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> f\u00e1<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span>O Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a-se<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tud<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>epar<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>an\u00e7<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>al p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>ssim<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>as con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00e1ria<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> c<span class=\"_ _0\"></span>uj<span class=\"_ _0\"></span>a ma<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>scu<span class=\"_ _0\"></span>ss\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>aut<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>o\u00e7am<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>can<span class=\"_ _0\"></span>as </span></span>\u2013<span class=\"ff1\"> <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>eja<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>unid<span class=\"_ _0\"></span>as. </span>At\u00e9<span class=\"_ _0\"></span> 3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>sp\u00ea<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>to a<span class=\"_ _0\"></span>sce<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>\u20ac13<span class=\"_ _0\"></span>2.6<span class=\"_ _0\"></span>88<span class=\"_ _0\"></span>.73<span class=\"_ _0\"></span>0 (3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>21:<span class=\"_ _0\"></span> \u20ac12<span class=\"_ _0\"></span>4,<span class=\"_ _0\"></span>9 m<span class=\"_ _0\"></span>ilh<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> ess<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cial<span class=\"_ _3b\"></span><span class=\"ff1\">mente<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>\u00e0 p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e </span>te<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>a at<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> pl<span class=\"_ _0\"></span>anta<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>nut<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>lv\u00ed<span class=\"_ _0\"></span>cola<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>lvim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l, g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>err<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>bie<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e \u00e9<span class=\"_ _0\"></span> ho<span class=\"_ _0\"></span>je u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> mai<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>veir<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>flo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de \u00c1f<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>. Con<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>aba<span class=\"_ _0\"></span>lhar<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ced<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a Fas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>MoU<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spon<span class=\"_ _0\"></span>sab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>v\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mada<span class=\"_ _0\"></span>s en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>. Risco Pa\u00eds - EUA O m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> Es<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> Uni<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Am<span class=\"_ _0\"></span>\u00e9r<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a te<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>onde<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>as t<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ap\u00e9i<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>UWF<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>enta<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ao r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pec\u00ed<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> pa\u00ed<span class=\"_ _0\"></span>s. Est<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>i\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xig<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> aval<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xemp<span class=\"_ _0\"></span>lo,<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gul<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>za <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>t\u00e1r<span class=\"_ _0\"></span>ia, <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a\u00e7\u00e3o <span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>art<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> ent<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s g<span class=\"_ _0\"></span>over<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>is e<span class=\"_ _0\"></span> aut<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>t\u00e1r<span class=\"_ _0\"></span>ia.<span class=\"_ _0\"></span>  \u00c0 s<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>han<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>do q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tece<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utor<span class=\"_ _3b\"></span>es de<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>utra<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> (au<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>anos<span class=\"_ _0\"></span>, br<span class=\"_ _0\"></span>asil<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>chin<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span>n\u00e9s<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s), <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>iz <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>pei<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> \u00e0s <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>WF p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> EUA<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m si<span class=\"_ _0\"></span>do,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sde<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>15<span class=\"_ _0\"></span>, al<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ump<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>De<span class=\"_ _0\"></span>parta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>o de<span class=\"_ _3b\"></span>ste p<span class=\"_ _0\"></span>a\u00eds<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ujei<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ump<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nida<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> Uni<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d <span class=\"_ _0\"></span>Sta<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>ent <span class=\"_ _0\"></span>of <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rce<span class=\"_ _0\"></span> (D<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>art<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>Est<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>Uni<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> Am\u00e9<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca)<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> ve<span class=\"_ _0\"></span>r N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 4.<span class=\"_ _0\"></span>2.<span class=\"_ _0\"></span> At<span class=\"_ _0\"></span>\u00e9 20<span class=\"_ _0\"></span>2<span class=\"ls16\">2,</span> <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m </span></span>\u20ac<span class=\"ff1\">3<span class=\"_ _0\"></span>2.3<span class=\"_ _0\"></span>34<span class=\"_ _0\"></span>.413<span class=\"_ _0\"></span> -<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> 1 <span class=\"_ _0\"></span>a 7<span class=\"_ _0\"></span> <span class=\"lsd\">(20<span class=\"ls93\">21</span>: </span><span class=\"ff9\">\u20ac<span class=\"_ _0\"></span>30.4<span class=\"_ _0\"></span>82.<span class=\"_ _0\"></span>93<span class=\"_ _0\"></span>5<span class=\"ff1 lsd\">).<span class=\"ls0\"> </span></span></span></span>Concorr\u00eancia O a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>r\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> nos<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> pod<span class=\"_ _0\"></span>e t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nif<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o nos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>\u00e7os<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nseq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>abili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po.<span class=\"_ _0\"></span>  Os <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>tivos<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>lo q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>merc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e nov<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>du\u00e7<span class=\"_ _0\"></span>\u00e3o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>apa<span class=\"_ _0\"></span>cida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>on\u00ed<span class=\"_ _0\"></span>vel <span class=\"_ _0\"></span>pod<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00e1 te<span class=\"_ _0\"></span>r u<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>van<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> nos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>\u00e7os <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>l mu<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>.  Os <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a B<span class=\"_ _0\"></span>EKP <span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>iund<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o he<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>sf\u00e9<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span> sul<span class=\"_ _0\"></span> (n<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>o B<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span>il,<span class=\"_ _0\"></span> Chi<span class=\"_ _0\"></span>le,<span class=\"_ _0\"></span> Ur<span class=\"_ _0\"></span>ugu<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span> e d<span class=\"_ _0\"></span>a In<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>n\u00e9<span class=\"_ _0\"></span>sia<span class=\"_ _0\"></span>), <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te m<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>aixo<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> he<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>f\u00e9<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span> nor<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>t\u00eam <span class=\"_ _0\"></span>vind<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a ad<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>irir<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>eso<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sci<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>, po<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>ausa<span class=\"_ _0\"></span> o po<span class=\"_ _0\"></span>sici<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>odut<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>eur<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>eus <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>. No<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pr\u00f3x<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>os ano<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>Am\u00e9<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a do<span class=\"_ _0\"></span> S<span class=\"_ _0\"></span>ul,<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>\u00e7a<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>glo<span class=\"_ _0\"></span>bal<span class=\"_ _0\"></span>. Est<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s t\u00ea<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>obri<span class=\"_ _0\"></span>gad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zar<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ntos<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> a m<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uzir<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>vada<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade,<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>endo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>rev<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> man<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nha <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span>  Des<span class=\"_ _0\"></span>tac<span class=\"_ _0\"></span>a-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>vim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>esi<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>time<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eto<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>lei<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s E<span class=\"_ _0\"></span>UA,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m fe<span class=\"_ _0\"></span>cho<span class=\"_ _0\"></span>s/<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>acid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tala<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r pa<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e al<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>ns <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>UW<span class=\"_ _0\"></span>F, <span class=\"_ _0\"></span>numa<span class=\"_ _0\"></span> cl<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a te<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>of<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>\u00e0 e<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>ega<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>da p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>t\u00eam<span class=\"_ _0\"></span> oco<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>time<span class=\"_ _3b\"></span>ntos <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>acid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e U<span class=\"_ _0\"></span>WF<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Ch<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>urto<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> m\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span>. O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>tem <span class=\"_ _0\"></span>vin<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>a ad<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>uar<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rat\u00e9<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>a co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>evo<span class=\"_ _0\"></span>lu\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>adr\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>O G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te n<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> EU<span class=\"_ _0\"></span>A, <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>peu<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>. O v<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>nado<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>eur<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>u 65<span class=\"_ _0\"></span>% <span class=\"_ _0\"></span>(20<span class=\"_ _0\"></span>21:<span class=\"_ _0\"></span> 5<span class=\"_ _0\"></span>5%)<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>iu q<span class=\"_ _0\"></span>uo<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>cado<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cul<span class=\"_ _0\"></span>arm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>exp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ssiv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>a\u00eds<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Eur<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>a O<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>ental<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>rin<span class=\"_ _0\"></span>cipa<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rcad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> eu<span class=\"_ _0\"></span>rop<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s. Concentra\u00e7\u00e3o da carteira de Clientes Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>10<span class=\"_ _0\"></span> pri<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>is g<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Cli<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> BE<span class=\"_ _0\"></span>KP <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>5% <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> BE<span class=\"_ _0\"></span>KP <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edod<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>(20<span class=\"_ _0\"></span>21:<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>5%)<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>71%<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>as ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rna<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a B<span class=\"_ _0\"></span>EK<span class=\"_ _0\"></span>P (<span class=\"_ _0\"></span>2021<span class=\"_ _0\"></span>: <span class=\"_ _0\"></span>71%<span class=\"_ _0\"></span>). <span class=\"_ _0\"></span>Est<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>met<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span>gia <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>inte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>past<span class=\"_ _0\"></span>a B<span class=\"_ _0\"></span>EKP<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uz <span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ap\u00e9i<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>UWF <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>duz <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>iali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>. Ain<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sim<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o cr<span class=\"_ _0\"></span>\u00ea <span class=\"_ _0\"></span>exis<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>ouc<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Cl<span class=\"_ _0\"></span>ien<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> na com<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a B<span class=\"_ _0\"></span>EK<span class=\"_ _0\"></span>P. Em <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nd\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>10<span class=\"_ _0\"></span> mai<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Clie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>UWF<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sent<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>39%<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o vo<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>(37<span class=\"_ _0\"></span>% <span class=\"_ _0\"></span>em 20<span class=\"_ _0\"></span>21)<span class=\"_ _0\"></span>. <span class=\"ff8\"> </span>O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>u 1<span class=\"_ _0\"></span>71<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s Cl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2. <span class=\"_ _0\"></span>Tam<span class=\"_ _0\"></span>b\u00e9<span class=\"ls78\">m </span>re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ap\u00e9i<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>UWF<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>segu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>at\u00e9g<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>mit<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>erci<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>\u00e9i<span class=\"_ _0\"></span>s U<span class=\"_ _0\"></span>WF p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ca d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>13<span class=\"_ _0\"></span>0 pa\u00ed<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>it\u00f3r<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>m p<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>1.00<span class=\"_ _0\"></span>0 <span class=\"_ _0\"></span>Cli<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dual<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, pe<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>itin<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>ers<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>once<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>num<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>uzid<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>\u00fam<span class=\"_ _0\"></span>ero<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s e/<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>Cli<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes. Em <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r lan<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span> pl<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>afo<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>mnic<span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>NVG<span class=\"_ _0\"></span> H<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e me<span class=\"_ _0\"></span>lhor<span class=\"_ _3b\"></span>ar o <span class=\"_ _0\"></span>n\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>rvi<span class=\"_ _0\"></span>\u00e7o,<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>inf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>pres<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span> Clie<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. D<span class=\"_ _0\"></span>uran<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>ced<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> ala<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a pl<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>afo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>VG H<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>Unid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e N<span class=\"_ _0\"></span>eg\u00f3<span class=\"_ _0\"></span>cio <span class=\"_ _0\"></span>Ti<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> \u00e0 m<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ria <span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fica<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span><span class=\"ff7\">user<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xpe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ence<span class=\"_ _0\"></span><span class=\"ff1\"> (<span class=\"_ _0\"></span>UX)<span class=\"_ _0\"></span>, g<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>ign<span class=\"_ _0\"></span> 3<span class=\"_ _0\"></span>60\u00ba<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>al, <span class=\"_ _0\"></span>e ao<span class=\"_ _0\"></span> </span></span>lan<span class=\"_ _0\"></span>\u00e7am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>div<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>uncio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>sam<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>orar<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ser<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>\u00e7o <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> Cli<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> oti<span class=\"_ _0\"></span>miz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ocess<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>. P<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> Onl<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>Inte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Mod<span class=\"_ _0\"></span>ulo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ama<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>a \u00e1<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>tif<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o ac<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>anha<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>nvi<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, s\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> alg<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>xem<span class=\"_ _0\"></span>plo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>alid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>em a<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>rar<span class=\"_ _0\"></span> on<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> O N<span class=\"_ _0\"></span>VG <span class=\"_ _0\"></span>Hu<span class=\"_ _0\"></span>b <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> o a<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>22 m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>os, <span class=\"_ _0\"></span>70<span class=\"_ _0\"></span>0 C<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"ff7\">o<span class=\"_ _0\"></span>nb<span class=\"_ _0\"></span>oard<span class=\"_ _0\"></span><span class=\"ff1\"> e<span class=\"_ _0\"></span> a </span></span>man<span class=\"_ _0\"></span>ute<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>axas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e fi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o ao<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>al.<span class=\"_ _0\"></span>  Tam<span class=\"_ _0\"></span>b\u00e9<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff7\">pa<span class=\"_ _0\"></span>ckag<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"ff1\"> <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>uou<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>rev<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>r si<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>is </span></span>bas<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>osit<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2, t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>duz<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a cr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Cli<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es,<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a qu<span class=\"_ _0\"></span>alid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>gK<span class=\"_ _0\"></span>fra<span class=\"_ _0\"></span>ft,<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ervi<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> mar<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>exp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>seto<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>\u00e1re<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>ho <span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tar,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>-com<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rce<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>\u00fast<span class=\"_ _0\"></span>ria <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> ag<span class=\"_ _0\"></span>ricu<span class=\"_ _0\"></span>ltu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>dut<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> des<span class=\"_ _0\"></span>env<span class=\"_ _0\"></span>olv<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ala<span class=\"_ _0\"></span>gens<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span>gm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s da<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>alag<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>x\u00edve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>(gK<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ft <span class=\"_ _0\"></span>FLE<span class=\"_ _0\"></span>X),<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>\u00fast<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os sac<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>(g<span class=\"_ _0\"></span>Kr<span class=\"_ _0\"></span>aft<span class=\"_ _0\"></span> BA<span class=\"_ _0\"></span>G)<span class=\"_ _0\"></span>, e <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>rt\u00e3o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ane<span class=\"_ _0\"></span>lad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>(gK<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ft <span class=\"_ _0\"></span>BOX)<span class=\"_ _0\"></span>.  Ape<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tex<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>croe<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>\u00f3m<span class=\"_ _0\"></span>ico<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sf<span class=\"_ _0\"></span>avo<span class=\"_ _0\"></span>r\u00e1ve<span class=\"_ _0\"></span>l,<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ngi<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>vend<span class=\"_ _0\"></span>as s<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s a \u20ac<span class=\"_ _0\"></span>90<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>lh\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, du<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> o v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>vend<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span><span class=\"ff1 fsb\">A ma<span class=\"_ _0\"></span>rca <span class=\"_ _0\"></span>gK<span class=\"_ _0\"></span>raf<span class=\"_ _0\"></span>t c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tinu<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>a </span>su<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>at\u00e9g<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>esci<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>prod<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>aior<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cres<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>do, <span class=\"_ _0\"></span>impo<span class=\"_ _0\"></span>ndo gra<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>eus <span class=\"_ _0\"></span>arg<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>eren<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>ilida<span class=\"_ _0\"></span>de,<span class=\"_ _0\"></span> mu<span class=\"_ _0\"></span>ito <span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tes na<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>at\u00e9r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span>-p<span class=\"_ _0\"></span>rimas<span class=\"_ _0\"></span> (f<span class=\"_ _3b\"></span>ibra d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>alip<span class=\"_ _0\"></span>to<span class=\"ff7\"> <span class=\"_ _0\"></span>globu<span class=\"_ _3b\"></span>lus<span class=\"ff1\">) <span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>esen<span class=\"_ _0\"></span>ho <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>(es<span class=\"_ _0\"></span>pec<span class=\"_ _0\"></span>ifica<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e </span></span>pro<span class=\"_ _0\"></span>dut<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>al\u00e7a<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cara<span class=\"_ _0\"></span>cter<span class=\"_ _0\"></span>\u00edst<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>supe<span class=\"_ _0\"></span>rf<span class=\"_ _0\"></span>\u00edcie<span class=\"_ _0\"></span>, qu<span class=\"_ _0\"></span>alid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00e3o, <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>u\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> gra<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>gem <span class=\"_ _3b\"></span>com v<span class=\"_ _0\"></span>anta<span class=\"_ _0\"></span>gen<span class=\"_ _0\"></span>s pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>bal<span class=\"_ _0\"></span>ador<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>umid<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>e u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rman<span class=\"_ _0\"></span>ce <span class=\"_ _0\"></span>f\u00eds<span class=\"_ _0\"></span>ica irr<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>een<span class=\"_ _0\"></span>s\u00edv<span class=\"_ _0\"></span>el n<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>tran<span class=\"_ _3b\"></span>sforma<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e u<span class=\"_ _3b\"></span>so fin<span class=\"_ _0\"></span>al)<span class=\"_ _0\"></span>. <span class=\"fsa\"> </span>No<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>e<span class=\"ff1\">,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> <span class=\"ff7\">tis<span class=\"_ _0\"></span>sue<span class=\"_ _0\"></span><span class=\"ff1\"> as<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>rca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span><span class=\"ls16\">98<span class=\"ls0\"> </span></span></span></span></span></span>mi<span class=\"ls0\">lh<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> eu<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> <span class=\"ls82\">(+</span>3<span class=\"_ _0\"></span>6%<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span><span class=\"ls16\">202<span class=\"ls0\">1),<span class=\"_ _0\"></span> mui<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pul<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> pel<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span> </span></span></span>bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>glo<span class=\"_ _0\"></span>bal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> ba<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>sif<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ada <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> c<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>60<span class=\"_ _0\"></span>0 <span class=\"_ _0\"></span>Clie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com </span></span>com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> o q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>sifi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>sus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt\u00e1<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>a at<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de </span></span>com<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l. O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>jet<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>expa<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ir <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span><span class=\"ff7\">tiss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span><span class=\"ff1\"> par<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> </span></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>no,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>adam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen\u00e7<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>spa<span class=\"_ _0\"></span>nha<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>r\u00e7a<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>prod<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cab<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>. 9.1.3.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Risco<span class=\"_ _1\"></span>s associados<span class=\"_ _1\"></span> \u00e0 produ\u00e7\u00e3o d<span class=\"_ _1\"></span>e energia<span class=\"_ _1\"></span> </span>O a<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>002 <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>mar<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>do p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>xto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xtr<span class=\"_ _0\"></span>ao<span class=\"_ _0\"></span>rdi<span class=\"_ _0\"></span>nari<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cula<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>do g\u00e1<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>acab<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> por<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>dire<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>e\u00e7o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e en<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>gia <span class=\"_ _0\"></span>el\u00e9<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>. Ne<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>texto<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>a-s<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>leg<span class=\"_ _0\"></span>isl<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cab<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ofr<span class=\"_ _0\"></span>er alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>faz<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>fac<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>text<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>trao<span class=\"_ _0\"></span>rdi<span class=\"_ _0\"></span>n\u00e1ri<span class=\"_ _0\"></span>o. A p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ergi<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>el\u00e9<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ca \u00e9<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ort\u00e2<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ossi<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a val<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>urso<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>d\u00f3<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>no r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ov\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> bi<span class=\"_ _0\"></span>omas<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>odu\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>ta BEK<span class=\"_ _0\"></span>P. <span class=\"_ _0\"></span>Os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ergi<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a aos<span class=\"_ _0\"></span> F<span class=\"_ _0\"></span>orn<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>edo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o ge<span class=\"_ _0\"></span>rar<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> bi<span class=\"_ _0\"></span>oma<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>flor<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s su<span class=\"_ _0\"></span>as ex<span class=\"_ _0\"></span>plo<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s, e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>\u00eand<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>pa\u00ed<span class=\"_ _0\"></span>s. Com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>a ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> bi<span class=\"_ _0\"></span>oma<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>oni<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>ile<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>ru\u00ed<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>009 <span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntra<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> ter<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>el\u00e9<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>bio<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ssa <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gia<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>\u00e9tr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>v\u00e1v<span class=\"_ _0\"></span>el,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ram <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> la<span class=\"_ _0\"></span>bor<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>len<span class=\"_ _0\"></span>a. O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> foi<span class=\"_ _0\"></span> pi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>eiro<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> tem<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>lve<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>come<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ciali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> bi<span class=\"_ _0\"></span>omas<span class=\"_ _0\"></span>sa,<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>aba<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>uas <span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>oge<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ov\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cent<span class=\"_ _0\"></span>rai<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>erm<span class=\"_ _0\"></span>oel<span class=\"_ _0\"></span>\u00e9tr<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> bi<span class=\"_ _0\"></span>oma<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>num<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>or a<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>anq<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>vas uni<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>erm<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>u-l<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>r u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto d<span class=\"_ _0\"></span>e mat<span class=\"_ _0\"></span>\u00e9r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>-pri<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>forma<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l.<span class=\"_ _0\"></span>  Os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> exi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>al s<span class=\"_ _0\"></span>\u00f3 c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>plam<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>bio<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>flo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>l re<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>BFR)<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>za\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>mad<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gia<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>\u00e9t<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a.  Em <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>enq<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>leg<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>tac<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>iplo<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span>:  i.<span class=\"ffb ls0\"> <span class=\"_ _9c\"> </span><span class=\"ff1\">Dec<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>to-<span class=\"_ _0\"></span>Le<span class=\"_ _0\"></span>i n<span class=\"_ _0\"></span>.\u00ba <span class=\"_ _0\"></span>68-<span class=\"_ _0\"></span>A/2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>5 de<span class=\"_ _0\"></span> 3<span class=\"_ _0\"></span>0 de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>l, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stab<span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>ce <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m m<span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span>ria <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> </span></span>ef<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>\u00eanci<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>\u00e9ti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Decr<span class=\"_ _0\"></span>eto<span class=\"_ _0\"></span>-L<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span> n.\u00ba <span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>/2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>0 e <span class=\"_ _0\"></span>Po<span class=\"_ _0\"></span>rta<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span> 14<span class=\"_ _0\"></span>0/2<span class=\"_ _0\"></span>012<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>rev<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a Por<span class=\"_ _3b\"></span>tari<span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>25-<span class=\"_ _0\"></span>A/2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>2, <span class=\"_ _0\"></span>apli<span class=\"_ _0\"></span>c\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>ao r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>RE-<span class=\"_ _0\"></span> Pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o em Re<span class=\"_ _0\"></span>gim<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Espe<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>em c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>\u00e7\u00e3o;<span class=\"_ _0\"></span>  ii.<span class=\"ffb ls0\"> <span class=\"_ _9c\"> </span><span class=\"ff1\">Par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>s C<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> Te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>oel\u00e9<span class=\"_ _0\"></span>tric<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a B<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>(CT<span class=\"_ _0\"></span>B) <span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>stal<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esi<span class=\"_ _0\"></span>dua<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> </span></span>de<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>a el<span class=\"_ _0\"></span>\u00e9tr<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>adr<span class=\"_ _0\"></span>o l<span class=\"_ _0\"></span>ega<span class=\"_ _0\"></span>l \u00e9<span class=\"_ _0\"></span> sup<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>-Le<span class=\"_ _0\"></span>i 33<span class=\"ls0\">-A/<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>05 <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>to p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>-Le<span class=\"_ _0\"></span>i 2<span class=\"_ _0\"></span>25/<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>07<span class=\"_ _0\"></span>, qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>alte<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 15<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>25<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>per\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> </span>de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>emun<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span>anti<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>PR<span class=\"_ _0\"></span>E -<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m R<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>me <span class=\"_ _0\"></span>Es<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>. P<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>stes<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s, o q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>dr<span class=\"_ _0\"></span>o le<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>assim<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nq<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>tari<span class=\"_ _0\"></span>f\u00e1ri<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ev\u00ea<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>\u00f3xi<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span>. iii<span class=\"_ _0\"></span>.<span class=\"ffb\"> <span class=\"_ _2c\"> </span></span>Mais<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>De<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>to-L<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span> n.<span class=\"_ _0\"></span>\u00ba 1<span class=\"_ _0\"></span>20/<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>19,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 22<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ag<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>to,<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>eio<span class=\"_ _0\"></span> cri<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gim<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xtr<span class=\"_ _0\"></span>aor<span class=\"_ _0\"></span>din\u00e1<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a a i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>xplo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>cent<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>is d<span class=\"_ _0\"></span>e val<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> bi<span class=\"_ _0\"></span>oma<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>itu<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>mid<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> \u00e1r<span class=\"_ _0\"></span>eas <span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s cr<span class=\"_ _0\"></span>\u00edti<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>\u00eand<span class=\"_ _0\"></span>io.<span class=\"_ _0\"></span> iv<span class=\"_ _0\"></span>.<span class=\"ffb\"> <span class=\"_ _2c\"> </span></span>Decr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>o-Le<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>n.\u00ba<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>19-A<span class=\"_ _0\"></span>/2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>2 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>, qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>alte<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nj<span class=\"_ _0\"></span>unto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>das no <span class=\"_ _0\"></span>\u00e2mb<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>emi<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>doe<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>d-1<span class=\"_ _0\"></span>9, <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mea<span class=\"_ _0\"></span>dame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>\u00e2mbi<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>me ju<span class=\"_ _0\"></span>r\u00edd<span class=\"_ _0\"></span>ico<span class=\"_ _0\"></span> e r<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>erat<span class=\"_ _0\"></span>\u00f3ri<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>apli<span class=\"_ _0\"></span>c\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>l\u00e9t<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>c\u00e2n<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> \u00fa<span class=\"_ _0\"></span>til pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> cog<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>Dec<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>o-<span class=\"_ _0\"></span>Lei <span class=\"_ _0\"></span>n.<span class=\"_ _0\"></span>\u00ba 23<span class=\"_ _0\"></span>/2<span class=\"_ _0\"></span>010<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>5 d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>\u00e7o,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>eio<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>\u00e0 re<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>esso<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>c\u00edc<span class=\"_ _0\"></span>io d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>no q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> toca<span class=\"_ _0\"></span> \u00e0s <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>cno<span class=\"_ _0\"></span>log<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s ad<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>\u00e0 m<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>an\u00e7<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>s mo<span class=\"_ _0\"></span>dal<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gim<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span>une<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>\u00f3ri<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a mi<span class=\"_ _0\"></span>tig<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>subi<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>e\u00e7o<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>st\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>\u00f3s<span class=\"_ _0\"></span>sei<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>nome<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>\u00e1s <span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ural<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>p\u00f3<span class=\"_ _0\"></span>s-pan<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>a. v.<span class=\"ffb ls0\"> <span class=\"_ _2c\"> </span><span class=\"ff1\">Decr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>o-Le<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>n.\u00ba<span class=\"_ _0\"></span> 3<span class=\"_ _0\"></span>3/2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>e 1<span class=\"_ _0\"></span>4 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Maio<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>ce <span class=\"_ _0\"></span>um m<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ani<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>o ex<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> e </span></span>te<span class=\"_ _0\"></span>mpo<span class=\"_ _0\"></span>r\u00e1<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> cust<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a el<span class=\"_ _0\"></span>\u00e9t<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e2mbi<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> do Me<span class=\"_ _0\"></span>can<span class=\"_ _0\"></span>ism<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Ib\u00e9<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>let<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e. A r<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>tari<span class=\"_ _0\"></span>f\u00e1r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>siva <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>iad<span class=\"_ _0\"></span>a \u00e0<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>a el<span class=\"_ _0\"></span>\u00e9<span class=\"_ _0\"></span>tric<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> esp<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, po<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>\u00e1 c<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>viabi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>\u00f3mi<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>el\u00e9t<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ndado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>os pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>adr<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> le<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>c\u00e1ve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>oge<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00f5es <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>rar<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gime<span class=\"_ _3b\"></span> de<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>toc<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sum<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>ja,<span class=\"_ _0\"></span> aba<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s u<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dus<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>u em<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>lter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a ve<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>a em<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>me d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>o. A p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>oti<span class=\"_ _0\"></span>miz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span> efi<span class=\"_ _0\"></span>ci\u00ea<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s u<span class=\"_ _0\"></span>nidad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span>s<span class=\"ls10\">, </span>a <span class=\"_ _0\"></span>an\u00e1<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ir <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>fon<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>eno<span class=\"_ _0\"></span>v\u00e1ve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span><span class=\"ls10\">, </span>uma<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ngo <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ges<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a, e<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>\u00e1rio<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gia<span class=\"_ _0\"></span> sol<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>tov<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ca e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>toc<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>umo<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a qu<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>tig<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>risco<span class=\"_ _0\"></span>. 9.1.4.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Risco<span class=\"_ _1\"></span>s ambientais<span class=\"_ _1\"></span> </span>Am<span class=\"ls0\">biente regulat\u00f3rio </span>No<span class=\"_ _0\"></span>s \u00fa<span class=\"_ _0\"></span>lti<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> le<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>la\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>a U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>Eur<span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>t\u00e9r<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>ambi<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>vin<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>a to<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> mai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>itiv<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>no q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ita <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>emi<span class=\"_ _0\"></span>ss\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> amb<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ais.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>a le<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> vig<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>div<span class=\"_ _0\"></span>ers<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r\u00e2me<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> (VL<span class=\"_ _0\"></span>Es)<span class=\"_ _0\"></span>.  Em <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o 2<span class=\"_ _0\"></span>014<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xec<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>s\u00e3o <span class=\"_ _0\"></span>201<span class=\"_ _0\"></span>4/<span class=\"_ _0\"></span>687<span class=\"_ _0\"></span>/EU<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>foi<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> o B<span class=\"_ _0\"></span>RE<span class=\"_ _0\"></span>F (Be<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span> Av<span class=\"_ _0\"></span>ail<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Tech<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>log<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>enc<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Doc<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nts<span class=\"_ _0\"></span>) -<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>us\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> Me<span class=\"_ _0\"></span>lho<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s T\u00e9<span class=\"_ _0\"></span>cni<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> Dis<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>n\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Do<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia <span class=\"_ _0\"></span>- p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ores<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>asta<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>t\u00e9m<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s nov<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>mit<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>equ<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ara e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, di<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>4 <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>r as <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>s\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> \u00e0s <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e1ti<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>uip<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>ntos<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Par<span class=\"_ _0\"></span>a al<span class=\"_ _0\"></span>\u00e9<span class=\"_ _0\"></span>m di<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>foi<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>naliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a a di<span class=\"_ _0\"></span>scu<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>t\u00e9cn<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a do<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ocu<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>er\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>des <span class=\"_ _0\"></span>Ins<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>omb<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span>, ta<span class=\"_ _0\"></span>mb\u00e9<span class=\"_ _0\"></span>m j\u00e1 <span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>bli<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> Es<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>doc<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>um i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> eq<span class=\"_ _0\"></span>uipam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>mead<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e nas<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>r\u00e3o<span class=\"_ _0\"></span> abr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>a l<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sla\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>rig<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a no<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>ltr<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rt\u00ed<span class=\"_ _0\"></span>cula<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ald<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>bio<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span>sa.<span class=\"_ _0\"></span> Em <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>15<span class=\"_ _0\"></span>, f<span class=\"_ _0\"></span>oi <span class=\"_ _0\"></span>anal<span class=\"_ _0\"></span>isa<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> e e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>cido <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span>gico<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>que <span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>dapt<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>conj<span class=\"_ _0\"></span>unt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>fut<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>equi<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> \u00e1r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, nom<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>dam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> o d<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>r\u00eanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>or (<span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>s\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>sob<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>Me<span class=\"_ _0\"></span>lhor<span class=\"_ _0\"></span>es T\u00e9c<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> Di<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>n\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> D<span class=\"_ _0\"></span>ocum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>\u00eanc<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> BR<span class=\"_ _0\"></span>EF<span class=\"_ _0\"></span>. De<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>s\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xec<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a </span></span>Com<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>14/<span class=\"_ _0\"></span>68<span class=\"_ _0\"></span>7/U<span class=\"_ _0\"></span>E) <span class=\"_ _0\"></span>e pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> Ins<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> O<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>umen<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>orre<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>onde<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>\u00e0 i<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a 2<span class=\"_ _0\"></span>010<span class=\"_ _0\"></span>/7<span class=\"_ _0\"></span>5/EU<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a a em<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ndus<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>Est<span class=\"_ _0\"></span>\u00e3o e<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ple<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>lter<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s te<span class=\"_ _0\"></span>cno<span class=\"_ _0\"></span>l\u00f3g<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>adeq<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>, b<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>scu<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> nov<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> D<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> Amb<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>l,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ora <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>saf<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s am<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tais<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntre<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>. O P<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Est<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>t\u00e9gi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> Am<span class=\"_ _0\"></span>bie<span class=\"_ _0\"></span>ntal<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ou p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a al<span class=\"_ _0\"></span>\u00e9<span class=\"_ _0\"></span>m da<span class=\"_ _0\"></span>s \u00e1<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>ien<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gul<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>or e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>cum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>poss<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>veri<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>car <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> enc<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>adra<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> nes<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>fica<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>alg<span class=\"_ _0\"></span>umas<span class=\"_ _0\"></span> \u00e1r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> mel<span class=\"_ _0\"></span>hor<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> tec<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>l\u00f3g<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>s\u00f5es<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>atm<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>deir<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> bi<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>assa<span class=\"_ _0\"></span>.  Por<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>o l<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>cump<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om o<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eto<span class=\"_ _0\"></span>-L<span class=\"_ _0\"></span>ei <span class=\"_ _0\"></span>n.\u00ba <span class=\"_ _0\"></span>14<span class=\"_ _0\"></span>7/<span class=\"_ _0\"></span>2008<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>9 d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>unh<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sp\u00f4<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a o n<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o na<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l a<span class=\"_ _0\"></span> Di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tiva <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>04/<span class=\"_ _0\"></span>35/<span class=\"_ _0\"></span>CE,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>bie<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>is ex<span class=\"_ _0\"></span>igi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>aque<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>rmat<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>, g<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>do o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>umpr<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>vigo<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>tig<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>cos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>ture<span class=\"_ _0\"></span>za <span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>l a<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>contr<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>to. No<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>\u00e0 e<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>gim<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>\u00e9r<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>u de<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>fei<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>fa (<span class=\"_ _0\"></span>CELE<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ova<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>a D<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>UE <span class=\"_ _0\"></span>201<span class=\"_ _0\"></span>8/4<span class=\"_ _0\"></span>10,<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 14<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>ar\u00e7<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>ra a D<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>03/<span class=\"_ _0\"></span>87/<span class=\"_ _0\"></span>CE <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>r\u00e7<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o-e<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>\u00e1cia<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>u\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> emi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00f5es <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>cnol<span class=\"_ _0\"></span>ogi<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>hip<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>arb\u00f3<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span> Dir<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span> EU <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>18/<span class=\"_ _0\"></span>410<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>enq<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tre <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s asp<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> CE<span class=\"_ _0\"></span>LE <span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ar e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>2021<span class=\"_ _0\"></span>-2<span class=\"_ _0\"></span>030<span class=\"_ _0\"></span>, no<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>e va<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>car<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> lic<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> CO2 at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span> gr<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>a. Est<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ar\u00e1<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ament<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>sci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> a i<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>\u00fast<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>mad<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m ge<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pape<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>part<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ar, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a uma<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>or\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> CO2qu<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>anu<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>\u00fast<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>. Por<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>acto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>esd<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>h\u00e1 m<span class=\"_ _0\"></span>uit<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>eu <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a s\u00e9<span class=\"_ _0\"></span>rie<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> nat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>al q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>anta<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ns,<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>em p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>miti<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>emi<span class=\"_ _0\"></span>ss\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>CO2. <span class=\"ls0\"> </span>Adi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>alme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>o o <span class=\"_ _0\"></span>Pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>ama <span class=\"_ _0\"></span>Car<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>n N<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>Comp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>sa im<span class=\"_ _0\"></span>ple<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ntar<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>35,<span class=\"_ _0\"></span> mu<span class=\"_ _0\"></span>dan<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>s pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>mizar<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> uti<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>st\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s f\u00f3s<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> e p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nseq<span class=\"_ _0\"></span>u\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>edu<span class=\"_ _0\"></span>zi<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span>s em<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>O2.<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rde<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>foi <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>mei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tugue<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> mun<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, a <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>m 1<span class=\"_ _0\"></span>5 an<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a 2<span class=\"_ _0\"></span>035<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>lex<span class=\"_ _0\"></span>os Indu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m ca<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>ono.<span class=\"_ _0\"></span> Pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> efe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpre<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> ha<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>a j<span class=\"_ _0\"></span>\u00e1 d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>201<span class=\"_ _0\"></span>9, <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> Ro<span class=\"_ _0\"></span>tei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ui p<span class=\"_ _0\"></span>roj<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>base<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> us<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gia,<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esi<span class=\"_ _0\"></span>gnad<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e bi<span class=\"_ _0\"></span>oma<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> sol<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>uito<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>miz<span class=\"_ _0\"></span>ar a<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> CO2 r<span class=\"_ _0\"></span>esul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> mel<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>u d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>mpe<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>g\u00e9<span class=\"_ _0\"></span>tico<span class=\"_ _0\"></span>.  Em <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>iu <span class=\"_ _0\"></span>\u00e0 i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ciat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>a S<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span> Ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d Ta<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>ets<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve <span class=\"_ _0\"></span>(SB<span class=\"_ _0\"></span>Ti)<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>no s<span class=\"_ _0\"></span>egu<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>isso<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mid<span class=\"_ _0\"></span>o na<span class=\"_ _0\"></span> Ag<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>30 <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>gase<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>fei<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ufa<span class=\"_ _0\"></span> (G<span class=\"_ _0\"></span>EE)<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>SBT<span class=\"_ _0\"></span>i. <span class=\"_ _0\"></span>A a<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ova<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>i\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a cli<span class=\"_ _0\"></span>m\u00e1t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>oi <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a SBT<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>\u201ce<span class=\"_ _0\"></span>lem<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o<span class=\"ff1\">-</span>c<span class=\"_ _0\"></span>have<span class=\"_ _0\"></span>\u201d <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a uma<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>aj<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>\u00f3ri<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>arb<span class=\"_ _0\"></span>oniz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>net<span class=\"_ _0\"></span>-ze<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>tal <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>prec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>\u00f3ri<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>aine<span class=\"_ _0\"></span>l Inte<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>nam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tal <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> Mud<span class=\"_ _0\"></span>an\u00e7<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>\u00e1tic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>(IPC<span class=\"_ _0\"></span>C),<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>can<span class=\"_ _0\"></span>\u00e7ar<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s l\u00ed<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s nul<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>eado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> s\u00e9c<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>o. Des<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>seu<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ompr<span class=\"_ _0\"></span>omi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> obj<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3xi<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>d\u00e9<span class=\"_ _0\"></span>cada<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> tor<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> tem<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>evan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o \u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> Ag<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>30<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> gest<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>eg\u00f3<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013</span> <span class=\"_ _0\"></span><span class=\"ff9\">\u201cAlt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> Cli<span class=\"_ _0\"></span>m\u00e1<span class=\"_ _0\"></span>tica<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> F<span class=\"_ _0\"></span>ixa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> CO</span>2\u201d <span class=\"ls0\">\u2013<span class=\"ff1\">,<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rse<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o </span></span>de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>o O<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e D<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>volvi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> Su<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>nt\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>3 (<span class=\"_ _0\"></span>A\u00e7\u00e3o<span class=\"_ _0\"></span> Cl<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>\u00e1ti<span class=\"_ _0\"></span>ca)<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> cau<span class=\"_ _0\"></span>sar<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>s P<span class=\"_ _0\"></span>esso<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> Pl<span class=\"_ _0\"></span>ane<span class=\"_ _0\"></span>ta.<span class=\"_ _0\"></span> Tam<span class=\"_ _0\"></span>b\u00e9<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 a<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>foi<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om a<span class=\"_ _0\"></span> cl<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> m\u00e1<span class=\"_ _0\"></span>xim<span class=\"_ _0\"></span>a (<span class=\"_ _0\"></span>\u201cA\u201d)<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a lid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>\u00e7a mun<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>\u00e0s <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cli<span class=\"_ _0\"></span>m\u00e1t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as, <span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>a pe<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> CD<span class=\"_ _0\"></span>P <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> D<span class=\"_ _0\"></span>iscl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ure <span class=\"_ _0\"></span>Insi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>t </span></span>Act<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n. <span class=\"_ _0\"></span>A E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>art<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>pa <span class=\"_ _0\"></span>tamb<span class=\"_ _0\"></span>\u00e9m<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o C<span class=\"_ _0\"></span>DP <span class=\"_ _0\"></span>For<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t, <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>cado<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>flo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>stal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>to re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>o, l<span class=\"_ _0\"></span>ogo<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>egu<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>mpe<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o de<span class=\"_ _0\"></span> \u201cA<span class=\"_ _0\"></span><span class=\"ff1\">-<span class=\"ff9\">\u201c,<span class=\"_ _0\"></span> oc<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o<span class=\"ff1\"> t<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>\u00e9m<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>\u00edde<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>nest<span class=\"_ _0\"></span>a \u00e1<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>a. </span></span></span>Em <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>u ai<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sfor<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>u\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>bie<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>sere<span class=\"_ _0\"></span>m nov<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ela a<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a ag<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>atin<span class=\"_ _0\"></span>g <span class=\"_ _0\"></span>Sus<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>yti<span class=\"_ _0\"></span>cs<span class=\"_ _0\"></span>, en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>s ve<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> En<span class=\"_ _0\"></span>vir<span class=\"_ _0\"></span>onm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>, So<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>and<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> Gov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ce <span class=\"_ _0\"></span>(am<span class=\"_ _0\"></span>bie<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e, soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span> go<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sar<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>) e<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>trib<span class=\"_ _0\"></span>ui <span class=\"_ _0\"></span>anu<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>uma <span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>erf<span class=\"_ _0\"></span>orma<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span> (d<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>xto<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>etor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l),<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>ovam<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u201cEm<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> Ba<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>o R<span class=\"_ _0\"></span>isco<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>SG\u201d <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span><span class=\"ff1\">Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s<span class=\"ls10\">. </span> </span>As <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ol\u00edt<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a Co<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>opei<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>olvi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e po<span class=\"_ _0\"></span>l\u00edt<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> le<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>la\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> \u00e1re<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>t\u00e9gi<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>stai<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> bi<span class=\"_ _0\"></span>odi<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rsi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>UE, <span class=\"_ _0\"></span>a Dir<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gia<span class=\"_ _0\"></span>s Re<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>v\u00e1ve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>o Si<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>Co<span class=\"_ _0\"></span>m\u00e9r<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>miss<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>UE (<span class=\"_ _0\"></span>ETS<span class=\"_ _0\"></span>), <span class=\"_ _0\"></span>bem<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> a <span class=\"ls0\">Tax<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>omi<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>UE,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Dir<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> R<span class=\"_ _0\"></span>epor<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> In<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> N\u00e3o<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> </span>Sus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>(CS<span class=\"_ _0\"></span>RD)<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> a D<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> Du<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Dili<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>nce d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Sus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Cor<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va (CS<span class=\"_ _0\"></span>DD)<span class=\"_ _0\"></span>. O r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Ta<span class=\"_ _0\"></span>xon<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ia d<span class=\"_ _0\"></span>a U<span class=\"_ _0\"></span>E <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ogre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>u d<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>, m<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a in<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span>za <span class=\"_ _0\"></span>sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> o q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> ec<span class=\"_ _0\"></span>on\u00f3m<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>star<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>\u00e2m<span class=\"_ _0\"></span>bito<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> tax<span class=\"_ _0\"></span>ono<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>\u00e0 m<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span> le<span class=\"_ _0\"></span>gisl<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>olui<span class=\"_ _0\"></span>. U<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>tun<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo a<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>vul<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span>, me<span class=\"_ _0\"></span>lho<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>r\u00e1 <span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>abili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ce\u00e7\u00e3o<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>r\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>los<span class=\"_ _0\"></span> mer<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>apit<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>uen<span class=\"_ _0\"></span>teme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> o cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>. Par<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>alhad<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nic<span class=\"_ _0\"></span>iati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o \u00e2<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ito <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ro<span class=\"_ _0\"></span>tei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> para<span class=\"_ _0\"></span> a ne<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>b\u00f3ni<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or, <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>elh<span class=\"_ _0\"></span>amos<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>osso<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>t\u00f3ri<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de Sus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade. Riscos associados a altera\u00e7\u00f5es clim\u00e1ticas A N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>vind<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nju<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>trat<span class=\"_ _0\"></span>\u00e9g<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>dir<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>r a <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>a pe<span class=\"_ _0\"></span>gad<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>GEE<span class=\"_ _0\"></span>, b<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>mit<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> adap<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s ge<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>las<span class=\"_ _0\"></span> alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>cli<span class=\"_ _0\"></span>m\u00e1t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as. Em <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>zem<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>201<span class=\"_ _0\"></span>5, <span class=\"_ _0\"></span>o Fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l S<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ty <span class=\"_ _0\"></span>Boa<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span> (F<span class=\"_ _0\"></span>SB)<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span> Ta<span class=\"_ _0\"></span>sk <span class=\"_ _0\"></span>For<span class=\"_ _0\"></span>ce <span class=\"_ _0\"></span>on<span class=\"_ _0\"></span> Cli<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>e-re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d <span class=\"_ _0\"></span>Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span> Di<span class=\"_ _0\"></span>scl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>s (T<span class=\"_ _0\"></span>CFD<span class=\"_ _0\"></span>) p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>env<span class=\"_ _0\"></span>olv<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nda\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s pa<span class=\"_ _0\"></span>ra di<span class=\"_ _0\"></span>vul<span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>cla<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nte,<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nfor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ajud<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> a en<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>isco<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>os r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>era\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>lim<span class=\"_ _0\"></span>\u00e1t<span class=\"_ _0\"></span>icas<span class=\"_ _0\"></span>. E<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 <span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>egr<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> TCF<span class=\"_ _0\"></span>D n<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>\u00e9gi<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oces<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span>, ap<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>tand<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>unid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> pot<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ciai<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>finan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>as e <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>t\u00e9g<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ecor<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cli<span class=\"_ _0\"></span>m\u00e1ti<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ost<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>adas<span class=\"_ _0\"></span>. Info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>alh<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> ini<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>enc<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra-s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>div<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>gad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>anex<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>elat<span class=\"_ _0\"></span>\u00f3r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o.  O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nit<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>za <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pot<span class=\"_ _0\"></span>enc<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>a po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra,<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>erf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>os se<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>uxos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>caix<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>rren<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cli<span class=\"_ _0\"></span>m\u00e1ti<span class=\"_ _0\"></span>cas,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>dam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span><span class=\"ls12\">es<span class=\"ls0\"> nas<span class=\"_ _0\"></span> </span></span>es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> jul<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onta<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>l\u00edsti<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>rele<span class=\"_ _0\"></span>van<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s.  Alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>ngo <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>o (25<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> 30<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>) n<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>dr\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>pit<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ca, ev<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> cl<span class=\"_ _0\"></span>im\u00e1t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>xt<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>e t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s m\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>lta<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>o ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>c\u00ea<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>flor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s po<span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>aus<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>dan<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>e \u00e0<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>afe<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>iol<span class=\"_ _0\"></span>\u00f3gi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>e\u00e7os<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span>Eve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os cl<span class=\"_ _0\"></span>im\u00e1<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ext<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>freq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>b\u00e9m<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nter<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>p\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> pro<span class=\"_ _0\"></span>du\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>g\u00eds<span class=\"_ _0\"></span>tica<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>rne<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de m<span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>as-<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ene<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>ia.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>zas<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> cl<span class=\"_ _0\"></span>im\u00e1<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pod<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>nda <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sult<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>roj<span class=\"_ _0\"></span>e\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>uxo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>caix<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>idas<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span>. O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> pos<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>i di<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>mecan<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m vi<span class=\"_ _0\"></span>gor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ados <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>riz<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>mit<span class=\"_ _0\"></span>igar<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sses<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>os po<span class=\"_ _0\"></span>r m<span class=\"_ _0\"></span>eio<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>ges<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>ce.<span class=\"_ _0\"></span> O <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>sob<span class=\"_ _0\"></span>re alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>cli<span class=\"_ _0\"></span>m\u00e1t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>r\u00e1<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>flor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tabe<span class=\"_ _0\"></span>lec<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>anut<span class=\"_ _0\"></span>en\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nser<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a bi<span class=\"_ _0\"></span>odi<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>\u00e9ci<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>e o <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nit<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> dur<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rig<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nc\u00ea<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span>  Ao <span class=\"_ _0\"></span>n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fix<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>ng\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>olic<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>a pe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>dica<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ia\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> ind<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ende<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ute<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> eco<span class=\"_ _0\"></span>n\u00f3m<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span>. C<span class=\"_ _0\"></span>onfo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>erid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>Not<span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>.7<span class=\"_ _0\"></span>, du<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> sol<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>a ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>seu<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>pen<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>a \u00fa<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> cond<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>sole<span class=\"_ _0\"></span>sc\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>unci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al.<span class=\"_ _0\"></span> Ten<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or b<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>os, <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>como<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> inve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>per\u00ed<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>o 2<span class=\"_ _0\"></span>023<span class=\"_ _0\"></span>-2<span class=\"_ _0\"></span>027<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>nome<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ltad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>oni<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>proj<span class=\"_ _3b\"></span>etos <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>abr<span class=\"_ _0\"></span>igo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Pl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e R<span class=\"_ _0\"></span>ecu<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e R<span class=\"_ _0\"></span>esi<span class=\"_ _0\"></span>li\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>u \u00e0<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>\u00fatil<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>us a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>r\u00ean<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>jan<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2, a<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>al de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nou<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac36<span class=\"_ _0\"></span>,8<span class=\"_ _0\"></span> mil<span class=\"_ _0\"></span>h\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>rc\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> m\u00e9<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oxi<span class=\"_ _0\"></span>mada<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, 7<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>\u00fatil<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>\u00edsi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nc\u00ea<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sec<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span>, em <span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>medi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span> da cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>ama<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>opr<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>erda<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>exp<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po. <span class=\"_ _0\"></span>No<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>to,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> fre<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a gr<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s ev<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>umen<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>cli<span class=\"_ _0\"></span>m\u00e1t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> o c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pod<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>r. O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>ita <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>ges<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>stas<span class=\"_ _0\"></span>, b<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o a e<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nc\u00ea<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>flor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> doe<span class=\"_ _3b\"></span>n\u00e7as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sem<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nham<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a mi<span class=\"_ _0\"></span>tig<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> neg<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es <span class=\"_ _0\"></span>cli<span class=\"_ _0\"></span>m\u00e1ti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>s. Con<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>vulg<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m u<span class=\"_ _0\"></span>m p<span class=\"_ _0\"></span>rop<span class=\"_ _0\"></span>\u00f3si<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> cor<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ivo <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a Ag<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Ges<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>30<span class=\"_ _0\"></span> ali<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> Ob<span class=\"_ _0\"></span>jet<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e D<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>envo<span class=\"_ _0\"></span>lv<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o S<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t\u00e1ve<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>Na\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> Uni<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rat\u00e9<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rupo<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tiva<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>t\u00e1v<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>\u00e1vei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a sol<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>f\u00f3ss<span class=\"_ _0\"></span>eis,<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ando<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>idade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>esci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o at<span class=\"_ _0\"></span>rae<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o e <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>omov<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>carb<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>iza\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>a. <span class=\"_ _0\"></span>A i<span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>volvi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>s su<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>ci\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>g\u00e9<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>a pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>miti<span class=\"_ _0\"></span>r\u00e3o<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ir <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>cli<span class=\"_ _0\"></span>m\u00e1tic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>post<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>da a<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>saf<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>clim<span class=\"_ _0\"></span>\u00e1ti<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>. A N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>iden<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>ot\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>h <span class=\"_ _0\"></span>flo<span class=\"_ _0\"></span>w li<span class=\"_ _0\"></span>vr<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>posi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rt\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>, se<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>onv<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>lho<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e Ad<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>fac<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u00e0 s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>liq<span class=\"_ _0\"></span>uide<span class=\"_ _0\"></span>z,<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>gati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>van<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>cli<span class=\"_ _0\"></span>m\u00e1t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>stif<span class=\"_ _0\"></span>iqu<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> o r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>heci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e po<span class=\"_ _0\"></span>nha<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cau<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>rin<span class=\"_ _0\"></span>c\u00edpi<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>apli<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>o na<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span>. 9.1.5.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Recur<span class=\"_ _1\"></span>sos hum<span class=\"_ _1\"></span>anos e gest\u00e3o de t<span class=\"_ _1\"></span>alento<span class=\"_ _1\"></span> </span>A g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ecu<span class=\"_ _0\"></span>rso<span class=\"_ _0\"></span>s h<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>anos<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2 <span class=\"_ _0\"></span>foi<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r um<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cord<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>ova<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span> e i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>1.<span class=\"_ _0\"></span>700 <span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>cni<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>acio<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa.<span class=\"_ _0\"></span> O <span class=\"_ _0\"></span>acor<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>que te<span class=\"_ _0\"></span>r\u00e1 <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ois<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>mar<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> hi<span class=\"_ _0\"></span>st\u00f3<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>lme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>um p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ncer<span class=\"_ _0\"></span>tez<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>n\u00f3m<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> soci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>. E<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>do,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>oi <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>u\u00ed<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nju<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span>s si<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>cat<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>gani<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vas <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>alh<span class=\"_ _0\"></span>ador<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> (O<span class=\"_ _0\"></span>RT)<span class=\"_ _0\"></span>, \u00e9 <span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>uci<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a paz<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> na <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span>l\u00e9<span class=\"_ _0\"></span>m di<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> eq<span class=\"_ _0\"></span>uil<span class=\"_ _0\"></span>\u00edbr<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>alc<span class=\"_ _0\"></span>an\u00e7<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>amb\u00e9<span class=\"_ _0\"></span>m p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nar<span class=\"_ _0\"></span>\u00e1 o<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s C<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>abor<span class=\"_ _0\"></span>ador<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o em<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> pri<span class=\"_ _0\"></span>nc\u00ed<span class=\"_ _0\"></span>pio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fund<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ais:<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>r\u00e7<span class=\"_ _0\"></span>o da re<span class=\"_ _0\"></span>mun<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>tilha<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>esa,<span class=\"_ _0\"></span> m\u00e9<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>fat<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>pot<span class=\"_ _0\"></span>enci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>or d<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>mun<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, h<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>di\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>esas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po N<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> o in<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> dis<span class=\"_ _0\"></span>pon<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> Col<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Tam<span class=\"_ _0\"></span>b\u00e9<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Tal<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ve m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>: ba<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>rama<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>t\u00e1g<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>senvo<span class=\"_ _0\"></span>lv<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span> IEF<span class=\"_ _0\"></span>P, c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nteg<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> na Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>acim<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> 70<span class=\"_ _0\"></span>%, <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a im<span class=\"_ _0\"></span>ple<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Mo<span class=\"_ _0\"></span>del<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Fam<span class=\"_ _0\"></span>\u00edli<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>Fun<span class=\"_ _0\"></span>cion<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>clui<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>comu<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o i<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>lab<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>res <span class=\"_ _0\"></span>abr<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nqu<span class=\"_ _0\"></span>e do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>roj<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>o CRE<span class=\"_ _0\"></span>SCE<span class=\"_ _0\"></span>R, <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>fas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>agn<span class=\"_ _0\"></span>\u00f3s<span class=\"_ _0\"></span>tico<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span><span class=\"ff7\">ro<span class=\"_ _0\"></span>adm<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span><span class=\"ff1\"> <span class=\"lsd\">de </span></span></span>in<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>\u00e7ar<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3 e<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>24<span class=\"_ _0\"></span>. Do <span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e at<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>plem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>tac<span class=\"_ _0\"></span>a-se<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>a: \uf0b7<span class=\"_ _b1\"> </span><span class=\"ff1 fc6\">Apo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>o R<span class=\"_ _0\"></span>ecr<span class=\"_ _0\"></span>uta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e1gio<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fiss<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>os</span>op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ador<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>av\u00e9s<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>arc<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span> IE<span class=\"_ _0\"></span>FP. <span class=\"_ _0\"></span>No<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsat<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>adm<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s 5<span class=\"_ _0\"></span>8 n<span class=\"_ _0\"></span>ovo<span class=\"_ _0\"></span>sop<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ador<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>onte<span class=\"_ _0\"></span>xt<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>gram<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>u t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>uce<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 92<span class=\"_ _0\"></span>%(p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>age<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e1gi<span class=\"_ _0\"></span>o) <span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>gra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 7<span class=\"_ _0\"></span>2%;\uf0b7<span class=\"_ _b1\"> </span><span class=\"ff1 fc6\">O f<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>abs<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tism<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>como<span class=\"_ _0\"></span> fat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>r\u00edt<span class=\"_ _0\"></span>ico<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>a at<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>v\u00e9<span class=\"_ _0\"></span>s de</span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> v\u00e1<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> Col<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sde<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>nha<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>aix<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> curt<span class=\"_ _0\"></span>ae <span class=\"_ _0\"></span>lon<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span> dur<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o;<span class=\"_ _0\"></span> sa<span class=\"_ _0\"></span>\u00fade<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>aba<span class=\"_ _0\"></span>lho<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> sa<span class=\"_ _0\"></span>\u00fade<span class=\"_ _0\"></span> ocu<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nal;<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o emaj<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mune<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> var<span class=\"_ _0\"></span>i\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>apoi<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>scl<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>cime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>lab<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra apo<span class=\"_ _0\"></span>l\u00edt<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>s en<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>outr<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> ini<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span>;\uf0b7<span class=\"_ _b1\"> </span><span class=\"ff1 fc6\">A i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>or\u00e7<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>uner<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>var<span class=\"_ _0\"></span>i\u00e1<span class=\"_ _0\"></span>vel</span>ati<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>l q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tiu <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>\u00e7ar <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>foc<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>max<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a me<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>mun<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>on\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s Co<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>bor<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s;\uf0b7<span class=\"_ _b1\"> </span><span class=\"ff1 fc6\">Apo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a at<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ale<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>\u00fani<span class=\"_ _0\"></span>or,<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>a po<span class=\"_ _0\"></span>ss\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo r<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>or\u00e7<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>trat<span class=\"_ _0\"></span>\u00e9gi<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e</span>em<span class=\"_ _0\"></span>plo<span class=\"_ _0\"></span>ye<span class=\"_ _0\"></span>r b<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g<span class=\"ff1\"> <span class=\"_ _0\"></span>que <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 5<span class=\"_ _0\"></span>4 <span class=\"_ _0\"></span>trai<span class=\"_ _0\"></span>nee<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>35</span>Est<span class=\"_ _0\"></span>\u00e1g<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Ve<span class=\"_ _0\"></span>r\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>na d<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>amiz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de 2<span class=\"_ _0\"></span>0 <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>jet<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> dis<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>enteem<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esar<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rce<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>entr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>\u00e9 u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>pe\u00e7<span class=\"_ _0\"></span>afun<span class=\"_ _0\"></span>dam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tif<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>amb\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o eapr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>diz<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>ua;\uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">Impl<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> nov<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>adr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"ls10\">, </span></span></span>qu<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>o cr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>v\u00e9<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>rsi<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>uni<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>car<span class=\"_ _0\"></span>rei<span class=\"_ _0\"></span>ra e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>senv<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>vime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o (<span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> equi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ent<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>car<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>cn<span class=\"_ _0\"></span>ica <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ges<span class=\"_ _0\"></span>t\u00e3<span class=\"_ _0\"></span>o).<span class=\"_ _0\"></span> Tod<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>adr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>sic<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nado<span class=\"_ _0\"></span>s ne<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>mode<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> o pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>so d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>muni<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 9<span class=\"_ _0\"></span>0% <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pop<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ngi<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span><span class=\"ls15\">at<span class=\"ls0\">\u00e9 <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2;<span class=\"_ _0\"></span>  </span></span>\uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">Cont<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ua\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>ho <span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cias,<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>had<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>Pla<span class=\"_ _0\"></span>no </span></span>de<span class=\"_ _0\"></span> Ca<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>alar<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ta es<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ciali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> <span class=\"ff7\">Le<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ning<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>r<span class=\"ff1\"> <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>Col<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>orad<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s; </span></span>\uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">Rev<span class=\"_ _0\"></span>is\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pla<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tom<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>a </span></span>com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e:<span class=\"_ _0\"></span> Pla<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>g\u00ean<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>un\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span>; R<span class=\"_ _0\"></span>eval<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>iza\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Su<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> Pla<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Jo<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ns <span class=\"_ _0\"></span>Qua<span class=\"_ _0\"></span>dro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>(sta<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>ster<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntre<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>os; \uf0b7<span class=\"ffb\"> <span class=\"_ _65\"> </span><span class=\"ff1 fc6\">Lan\u00e7<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>roj<span class=\"_ _3b\"></span>eto <span class=\"_ _0\"></span>Cres<span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>tend<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>a ges<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>topo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>a<span class=\"ls10\">, </span></span></span>ass<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>oas<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>u d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>volvi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> Pr<span class=\"_ _0\"></span>op\u00f3<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>a Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r. 9.1.6.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Siste<span class=\"_ _1\"></span>mas de inform<span class=\"_ _1\"></span>a\u00e7\u00e3o </span>Os <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> alg<span class=\"_ _0\"></span>uns<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>is d<span class=\"_ _0\"></span>epe<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>rvi<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>mpe<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ntal<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span> neg<span class=\"_ _0\"></span>\u00f3ci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>. F<span class=\"_ _0\"></span>ace<span class=\"_ _0\"></span> \u00e0 f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>pend<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>nol<span class=\"_ _0\"></span>ogi<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> inf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>div<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>eog<span class=\"_ _0\"></span>rafi<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>g\u00f3ci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>real<span class=\"_ _0\"></span>\u00e7a<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>ist\u00ea<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>co i<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> a f<span class=\"_ _0\"></span>alh<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s si<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tant<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>is,<span class=\"_ _0\"></span> tai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>taq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>orm\u00e1<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cos,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ais.<span class=\"_ _0\"></span>  Ape<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e p<span class=\"_ _0\"></span>r\u00e1t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>n\u00e7\u00e3<span class=\"_ _0\"></span>o e <span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tiga<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>ple<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>, o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>st\u00e1<span class=\"_ _0\"></span> ci<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>n\u00e3o <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>isti<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o si<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ema<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nfor<span class=\"_ _3b\"></span>ma\u00e7\u00e3o<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>viol<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>pod<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span>anti<span class=\"_ _0\"></span>r q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s es<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>olvid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>r\u00e3<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>ufi<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>vita<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> tai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fal<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>sist<span class=\"_ _0\"></span>ema<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ossa<span class=\"_ _0\"></span>m t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>r c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>u\u00eanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>o n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>t\u00edgi<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nefi<span class=\"_ _0\"></span>ci\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>mes<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>afe<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> mar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>raci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al. O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ao<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>oio<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ervi<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a \u00e1<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>tema<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m re<span class=\"_ _0\"></span>gim<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>urci<span class=\"_ _0\"></span>ng,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ova<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>, du<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21,<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>urc<span class=\"_ _0\"></span>ing <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>fra<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>rut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>nut<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>at\u00e9 3<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> 31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>024<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te. 9.1.7.<span class=\"ls0\"> <span class=\"_ _66\"> </span>O<span class=\"_ _1\"></span>utros riscos assoc<span class=\"_ _1\"></span>iados \u00e0 atividade <span class=\"_ _1\"></span>do Gr<span class=\"_ _1\"></span>upo </span>As <span class=\"_ _0\"></span>uni<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>abr<span class=\"_ _0\"></span>is d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>suj<span class=\"_ _3b\"></span>eitas<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>alqu<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e ec<span class=\"_ _0\"></span>on\u00f3<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ca in<span class=\"_ _0\"></span>dus<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>o ca<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aci<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es,<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>t\u00e1s<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>fes<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>rai<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>sam<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>rigi<span class=\"_ _0\"></span>nar<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>eju<span class=\"_ _0\"></span>\u00edzo<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>u i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>err<span class=\"_ _0\"></span>up\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s te<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>or\u00e1<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>as n<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o. Da <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>es r<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pod<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>feta<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>pais<span class=\"_ _0\"></span> Cl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> For<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ced<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e t<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>um i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>o si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>cati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>n\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>idade<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>l en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>Cli<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> n\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> For<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ced<span class=\"_ _0\"></span>ores<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>ssib<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span>ssem<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>mesm<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>. O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>xpor<span class=\"_ _3b\"></span>ta cer<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 95<span class=\"_ _0\"></span>% d<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>UWF <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 44%<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a sua<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span><span class=\"ff7\">tis<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e<span class=\"ff1\"> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>os c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>spor<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>log<span class=\"_ _0\"></span>\u00edst<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>alme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> </span></span>rel<span class=\"ls0\">evan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>Um<span class=\"_ _0\"></span> cen<span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>onti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cust<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>\u00e1 t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>o </span>si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>no d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>. 9.1.8.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Risco<span class=\"_ _1\"></span>s gerais de cont<span class=\"_ _1\"></span>exto </span>Con<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> ate<span class=\"_ _0\"></span>n\u00e7\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>i\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>cono<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>uesa afe<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span> cap<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>do G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>alme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>guin<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span>m\u00edni<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>: i.<span class=\"_ _af\"> </span><span class=\"ls0\">Port<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cami<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>os-<span class=\"_ _0\"></span><span class=\"lsd\">de<span class=\"ls0\">-fer<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>;</span></span></span>ii.<span class=\"_ _af\"> </span><span class=\"ls0\">Vias <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omu<span class=\"_ _0\"></span>nic<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>\u00e1ria<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ssos<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> f\u00e1<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po;</span>iii<span class=\"_ _0\"></span>.<span class=\"_ _af\"> </span>Or<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nam<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>err<span class=\"_ _0\"></span>it\u00f3<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span> e i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>\u00eand<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>is;iv<span class=\"_ _0\"></span>.<span class=\"_ _af\"> </span>Fra<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s fl<span class=\"_ _0\"></span>ores<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>;v.<span class=\"_ _af\"> </span><span class=\"ls0\">Fal<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> cer<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>esm<span class=\"_ _0\"></span>agad<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a nac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>;</span>vi<span class=\"_ _0\"></span>.<span class=\"_ _af\"> </span>Vol<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ol\u00edt<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> IR<span class=\"_ _0\"></span>C, <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> eli<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na\u00e7\u00e3<span class=\"_ _0\"></span>odas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>err<span class=\"_ _0\"></span>ama<span class=\"_ _0\"></span>s.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfMarketRiskExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-230-2": {
   "value": "10.1.<span class=\"ffd ls0\"> <span class=\"_ _46\"> </span><span class=\"ff3\">Pro<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>s\u00f5<span class=\"_ _0\"></span>es </span></span>Movimentos em provis\u00f5es  Processos  Outras Valores em Euros<span class=\"_ _1\"></span> Judiciais Provis\u00f5es  Total 1 de janeiro de<span class=\"_ _1\"></span> 2021 4.668.<span class=\"ls2b\">105 </span>18<span class=\"ls0\">.</span>741<span class=\"ls0\">.<span class=\"_ _1\"></span>229 </span>23<span class=\"ls0\">.</span>409<span class=\"_ _1\"></span><span class=\"ls0\">.334 </span>Aumentos 3.<span class=\"ls24\">815</span>.210 1.<span class=\"ls24\">300</span>.000 5.<span class=\"ls24\">115</span>.210 Utiliza\u00e7\u00e3o (16.250) - (16.250) Revers\u00f5es (1<span class=\"ls0\">.<span class=\"ls24\">443</span>.952)<span class=\"_ _1\"></span> </span>(512.064) (1<span class=\"ls0\">.<span class=\"ls24\">956</span>.016)<span class=\"_ _1\"></span> </span>Impacto em res<span class=\"_ _1\"></span>ultados do per\u00ed<span class=\"_ _1\"></span>odo<span class=\"_ _1\"></span> 2.355.<span class=\"ls2b\">008 </span>787<span class=\"ls0\">.936 </span>3.142.<span class=\"ls2b\">944 </span>Ajustamento ca<span class=\"_ _1\"></span>mbial (71.839) - (71.839) Outras transfer\u00eanc<span class=\"_ _1\"></span>ias e regulariza<span class=\"_ _1\"></span>\u00e7\u00f5es<span class=\"_ _1\"></span> - 271<span class=\"ls0\">.</span>642 271<span class=\"ls0\">.</span>642 31 de deze<span class=\"_ _1\"></span>mbro de 2021 6.951.<span class=\"ls2b\">273 </span>19<span class=\"ls0\">.</span>800<span class=\"ls0\">.<span class=\"_ _1\"></span>807 </span>26<span class=\"ls0\">.</span>752<span class=\"_ _1\"></span><span class=\"ls0\">.081 </span>Aumentos 3.<span class=\"ls24\">488</span>.765 4.<span class=\"ls24\">576</span>.941 8.<span class=\"ls24\">065</span>.706 Revers\u00f5es (5<span class=\"ls0\">.<span class=\"ls24\">392</span>.411)<span class=\"_ _1\"></span> </span>(1<span class=\"ls0\">.<span class=\"ls24\">051</span>.848)<span class=\"_ _1\"></span> </span>(6<span class=\"ls0\">.<span class=\"ls24\">444</span>.259)<span class=\"_ _1\"></span> </span>Impacto em res<span class=\"_ _1\"></span>ultados do per\u00ed<span class=\"_ _1\"></span>odo<span class=\"_ _1\"></span> (1<span class=\"ls0\">.903.646) </span>3.525.<span class=\"ls2b\">093 </span>1.621.<span class=\"ls2b\">447 </span>Ajustamento ca<span class=\"_ _1\"></span>mbial 2.<span class=\"ls24\">223 </span>- 2.<span class=\"ls24\">223 </span>Outras transfer\u00eanc<span class=\"_ _1\"></span>ias e regulariza<span class=\"_ _1\"></span>\u00e7\u00f5es<span class=\"_ _1\"></span> 57<span class=\"ls0\">.</span>126 - 57<span class=\"ls0\">.</span>126 31 de deze<span class=\"_ _1\"></span>mbro de 2022 5.106.<span class=\"ls2b\">976 </span>23<span class=\"ls0\">.</span>325<span class=\"ls0\">.<span class=\"_ _1\"></span>900 </span>28<span class=\"ls0\">.</span>432<span class=\"_ _1\"></span><span class=\"ls0\">.877 </span>N\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ree<span class=\"_ _0\"></span>mbo<span class=\"_ _0\"></span>lsos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ualq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>za r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>is\u00f5<span class=\"_ _0\"></span>es. Processos jud<span class=\"_ _1\"></span>iciais O d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>cho<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>sos<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>udi<span class=\"_ _0\"></span>ciai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>epe<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>deci<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s la<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ci<span class=\"_ _0\"></span>vil<span class=\"_ _0\"></span>.  O s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22 \u00e9<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>ost<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span>itar<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte,<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> a pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>labo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>is (<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22:<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>,6 m<span class=\"_ _0\"></span>ilh<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>s;<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>1: <span class=\"_ _0\"></span>6 m<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>h\u00f5e<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>s) <span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>IGAM<span class=\"_ _0\"></span>AOT<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>Ins<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>-G<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>a Ag<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>cul<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra, <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Mar<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Am<span class=\"_ _0\"></span>bie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>d<span class=\"ls30\">o </span>Or<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nam<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o T<span class=\"_ _0\"></span>erri<span class=\"_ _0\"></span>t\u00f3<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>) (2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2:<span class=\"_ _0\"></span> 653<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os; <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>21:<span class=\"_ _0\"></span> 61<span class=\"_ _0\"></span>7 m<span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>eur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>). Outras provis\u00f5es<span class=\"_ _1\"></span> Re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>e-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>is\u00f5e<span class=\"_ _3b\"></span>s par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>faze<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>fac<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>os r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>rez<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ers<span class=\"_ _0\"></span>a, de<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>ja<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ode<span class=\"_ _0\"></span>r\u00e3<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>a\u00edd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> flu<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>aixa<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ssos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>trut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>rga<span class=\"_ _0\"></span>niz<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>onal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>osi\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>as. Em <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>rub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> Ou<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ui 1<span class=\"_ _0\"></span>7.3<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>eur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Mo<span class=\"_ _0\"></span>\u00e7am<span class=\"_ _0\"></span>biq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>. P<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mbo<span class=\"_ _0\"></span>ra o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>emo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>(Mo<span class=\"_ _0\"></span>U)<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>lebr<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>gov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>\u00e7am<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>cano<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>miss<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>\u201cmel<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>sfor<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>\u201d p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ia\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>i\u00e7\u00f5e<span class=\"_ _0\"></span>s ne<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>s\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>an\u00e7<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>stime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span> 31 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>201<span class=\"_ _0\"></span>8, <span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>foi<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>ss\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> at\u00e9<span class=\"_ _0\"></span> 3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>aba<span class=\"_ _0\"></span>lha<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>can<span class=\"_ _0\"></span>\u00e7ar<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o.   O<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ald<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>i\u00e7\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>tez<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>rela<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>osto<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>dime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o div<span class=\"_ _0\"></span>ulg<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 6.<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span><span class=\"ff15\">\u2013<span class=\"ff7\"> Im<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o<span class=\"fsa\">. </span></span></span>Estimativas e julgamentos Pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>judi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>scai<span class=\"_ _0\"></span>s Est<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _3b\"></span>s for<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>stit<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ord<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>alia<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> efe<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pelo<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>io d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ltor<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>leg<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>base<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>obab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de de<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>cis<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>vor<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>ou d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>fav<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfProvisionsExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-233-3": {
   "value": "Pol\u00edticas Contabil\u00edsticas S\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>enh<span class=\"_ _0\"></span>a um<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> l<span class=\"_ _0\"></span>egal<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>trut<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>a, com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>cime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>sad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>sej<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> sa<span class=\"_ _0\"></span>\u00edd<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ecur<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ne <span class=\"_ _0\"></span>nece<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>liq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>ar,<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span> ser<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>fi\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>obri<span class=\"_ _0\"></span>ga\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span>  N\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>hec<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>vis\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>is f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>As <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> rev<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Dem<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>posi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>etiv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ige<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>aju<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e mo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>mel<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span> a e<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata.<span class=\"_ _0\"></span> O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>p\u00ea<span class=\"_ _0\"></span>ndio<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>me <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ssiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>r\u00e1ct<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>bie<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>al.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span>sim<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>\u00eandi<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>pam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>cni<span class=\"_ _0\"></span>cas <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>sseg<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ump<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>leg<span class=\"_ _0\"></span>isl<span class=\"_ _0\"></span>a\u00e7\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>gul<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>apl<span class=\"_ _0\"></span>ic\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>bem<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pact<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>bie<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>n\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o ex<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>dam<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>onde<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>i\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>tecn<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>as re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s \u00e0 <span class=\"_ _0\"></span>mini<span class=\"_ _0\"></span>miz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sum<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>\u00e9ti<span class=\"_ _0\"></span>co,<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>atm<span class=\"_ _0\"></span>osf<span class=\"_ _0\"></span>\u00e9ri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>s, d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>du\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>s\u00edd<span class=\"_ _0\"></span>uos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>u\u00eddo)<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>nem a<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>vir<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> dur<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>our<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po,<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>one<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>nef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> eco<span class=\"_ _0\"></span>n\u00f3m<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fut<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tind<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>nga<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span> sua<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> \u00fat<span class=\"_ _0\"></span>il,<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>apaci<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>lho<span class=\"_ _0\"></span>rar<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> seg<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>i\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>os a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po.<span class=\"_ _0\"></span>  ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForProvisionsExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-234-2": {
   "value": "10.2.<span class=\"ffd ls0\"> <span class=\"_ _46\"> </span><span class=\"ff3\">Com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>omi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>os </span></span>Garantias prestadas a terceiros Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Garantias pres<span class=\"_ _1\"></span>tadas Garantias Navigator <span class=\"_ _1\"></span>para os financ<span class=\"_ _1\"></span>iamentos com o BEI<span class=\"_ _1\"></span> 37<span class=\"ls0\">.</span>708<span class=\"ls0\">.333 </span>42<span class=\"ls0\">.</span>916<span class=\"ls0\">.667 </span>AT <span class=\"ls0\">- Autoridade Tribut\u00e1r<span class=\"_ _1\"></span>ia e Aduaneira <span class=\"_ _1\"></span> </span>- 6.<span class=\"ls24\">513</span>.318 Comiss\u00e3o Coordena<span class=\"_ _1\"></span>\u00e7\u00e3o Desenvol<span class=\"_ _1\"></span>vimento Regiona<span class=\"_ _1\"></span>l   354<span class=\"ls0\">.</span>083 - IAPMEI    1.<span class=\"ls24\">280</span>.701 1.<span class=\"ls24\">280</span>.701 Desalfandegamento <span class=\"_ _1\"></span>de produtos<span class=\"_ _1\"></span> 1.<span class=\"ls24\">250 </span>1.<span class=\"ls24\">250 </span>Ag\u00eancia Estatal<span class=\"_ _1\"></span> de Administ. Tr<span class=\"_ _1\"></span>ibutaria Espanhola<span class=\"_ _1\"></span> - 1.<span class=\"ls24\">033</span>.204 Ag\u00eancia Portugue<span class=\"_ _1\"></span>sa Ambiente<span class=\"_ _1\"></span> 2.<span class=\"ls24\">390</span>.006 1.<span class=\"ls24\">527</span>.484 Simria 338<span class=\"ls0\">.</span>829 338<span class=\"ls0\">.</span>829 Outras 838<span class=\"ls0\">.</span>256 1.<span class=\"ls24\">987</span>.855 42<span class=\"ls0\">.</span>911<span class=\"ls0\">.<span class=\"_ _1\"></span>458 </span>55<span class=\"ls0\">.</span>599<span class=\"_ _1\"></span><span class=\"ls0\">.308 </span>As <span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> IA<span class=\"_ _0\"></span>PMEI <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eal<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>\u00e2mb<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>trat<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> In<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>stime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o ce<span class=\"_ _0\"></span>leb<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Est<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o P<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>ugu<span class=\"_ _0\"></span>\u00eas<span class=\"_ _0\"></span> e a<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>Pulp<span class=\"_ _0\"></span> A<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>ro,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>(<span class=\"ff9\">\u20ac<span class=\"_ _0\"></span><span class=\"ff1 ls16\">833<span class=\"ls0\">.09<span class=\"_ _0\"></span>7) <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> </span></span></span>Tis<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e R<span class=\"_ _0\"></span>\u00f3d<span class=\"_ _0\"></span>\u00e3o, <span class=\"_ _0\"></span>S.A<span class=\"_ _0\"></span>. (<span class=\"_ _0\"></span><span class=\"ff9\">\u20ac<span class=\"ff1 ls16\">447<span class=\"ls0\">.<span class=\"_ _0\"></span>604<span class=\"_ _0\"></span>), <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ord<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ipu<span class=\"_ _0\"></span>lado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>Nor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> </span></span></span>Pag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>apl<span class=\"_ _0\"></span>ic\u00e1<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>l ao<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>Proj<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>abri<span class=\"_ _0\"></span>go <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> Si<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ema<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e In<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o QR<span class=\"_ _0\"></span>EN<span class=\"_ _0\"></span>.  As <span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tada<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> Au<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> T<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ut\u00e1r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>laci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>sta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>ncio<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>IRC <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>15.<span class=\"_ _0\"></span>  No<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Ag\u00ea<span class=\"_ _3b\"></span>ncia <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tug<span class=\"_ _0\"></span>ues<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Amb<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nte,<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span>m p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>stad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o \u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>to de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>roce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>ncio<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>, as<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>iad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>urso<span class=\"_ _0\"></span>s h<span class=\"_ _0\"></span>\u00eddr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 201<span class=\"_ _0\"></span>7 a<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span><span class=\"ls16\">21<span class=\"ls0\">. </span></span>Compromissos de compra Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Compromissos de<span class=\"_ _1\"></span> compra<span class=\"_ _1\"></span> Ativos fixos tang\u00ed<span class=\"_ _1\"></span>veis - Equ<span class=\"_ _1\"></span>ipamentos fabr<span class=\"_ _1\"></span>is 57<span class=\"ls0\">.</span>737<span class=\"ls0\">.388 </span>14<span class=\"ls0\">.</span>612<span class=\"ls0\">.464 </span>Madeira Compromissos co<span class=\"_ _1\"></span>m aquisi\u00e7\u00f5es<span class=\"_ _1\"></span> no per\u00edodo subsequen<span class=\"_ _1\"></span>te 362<span class=\"ls0\">.</span>700<span class=\"ls0\">.000 </span>287<span class=\"ls0\">.</span>700<span class=\"ls0\">.000 </span>Compromissos co<span class=\"_ _1\"></span>m aquisi\u00e7\u00f5es<span class=\"_ _1\"></span> de longo prazo<span class=\"_ _1\"></span> 117<span class=\"ls0\">.</span>600<span class=\"ls0\">.000 </span>88<span class=\"ls0\">.</span>100<span class=\"ls0\">.000 </span>538<span class=\"ls0\">.037.3<span class=\"_ _1\"></span>88 </span>390<span class=\"ls0\">.412.4<span class=\"_ _1\"></span>64 </span>No<span class=\"_ _0\"></span> pri<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>022,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Ab<span class=\"_ _0\"></span>aste<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Mad<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a, ACE,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>nou<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tli<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span> Oc<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>n B<span class=\"_ _0\"></span>ulk<span class=\"_ _0\"></span>, In<span class=\"_ _0\"></span>c. <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> fr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>adei<span class=\"_ _0\"></span>ra,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>anos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span>, 2<span class=\"_ _0\"></span>023<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>24.<span class=\"_ _0\"></span> O c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ev\u00ea<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>de,<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ox<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte,<span class=\"_ _0\"></span> 9<span class=\"_ _0\"></span>40.0<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span> m3<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>. Outros Compromissos O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>umiu<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>miss<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ngir<span class=\"_ _0\"></span> a n<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>alid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>\u00f3ni<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>203<span class=\"_ _0\"></span>5,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m um <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>glo<span class=\"_ _0\"></span>bal<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>evis<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 23<span class=\"_ _0\"></span>5 <span class=\"_ _0\"></span>mil<span class=\"_ _0\"></span>h\u00f5es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os, <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s 5<span class=\"_ _0\"></span>7,<span class=\"_ _0\"></span>4 mi<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> eu<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>etu<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> 31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2. No<span class=\"_ _0\"></span> \u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>so f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> adj<span class=\"_ _0\"></span>udi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>c\u00edci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 o<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s: \uf0b7<span class=\"_ _b1\"> </span><span class=\"ff1 fc6\">Con<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>a C<span class=\"_ _0\"></span>alde<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e R<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>uper<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Set<span class=\"_ _0\"></span>\u00fab<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>um i<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>esti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto</span>pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac<span class=\"_ _0\"></span>135<span class=\"_ _0\"></span>,8 <span class=\"_ _0\"></span>mil<span class=\"_ _0\"></span>h\u00f5e<span class=\"_ _0\"></span>s;<span class=\"_ _0\"></span> e\uf0b7<span class=\"_ _b1\"> </span><span class=\"ff1 fc6\">o <span class=\"_ _0\"></span>Pro<span class=\"_ _0\"></span>jet<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>e qu<span class=\"_ _0\"></span>eima<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>al o<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>roso<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>(NCG<span class=\"_ _0\"></span>s)<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> Se<span class=\"_ _0\"></span>t\u00fa<span class=\"_ _0\"></span>bal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>um</span>in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> \u20ac 16<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ilh<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s.10.3.<span class=\"ffd ls0\"> <span class=\"_ _46\"> </span><span class=\"ff3\">At<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>gen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s </span></span>Fundo de Regu<span class=\"_ _1\"></span>lariza\u00e7\u00e3o da d<span class=\"_ _1\"></span>\u00edvida p\u00fablica<span class=\"_ _1\"></span> No<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>to-<span class=\"_ _0\"></span>Le<span class=\"_ _0\"></span>i n.<span class=\"_ _0\"></span>\u00ba 3<span class=\"_ _0\"></span>6/<span class=\"_ _0\"></span>93<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 13<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>reir<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> as <span class=\"_ _0\"></span>d\u00ed<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>fis<span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>as pr<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>atiz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>(2<span class=\"_ _0\"></span>5 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>nove<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>200<span class=\"_ _0\"></span>6) s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pon<span class=\"_ _0\"></span>sab<span class=\"_ _0\"></span>ilid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>o F<span class=\"_ _0\"></span>und<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>gul<span class=\"_ _0\"></span>ariz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>D\u00edvi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> P\u00fa<span class=\"_ _0\"></span>bli<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>(FR<span class=\"_ _0\"></span>DP)<span class=\"_ _0\"></span>. E<span class=\"_ _0\"></span>m 1<span class=\"_ _0\"></span>6 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>abr<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>08,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>The<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>mpan<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>req<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>rime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o F<span class=\"_ _0\"></span>RDP<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lici<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> pag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o das<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>\u00edvi<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nt\u00e3o<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>Adm<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o F<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>. E<span class=\"_ _0\"></span>m 13<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>10 apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tou <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>req<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r o<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>gam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>d\u00ed<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>as l<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a Adm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>Fis<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>as ao<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>06<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>2003<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o, em<span class=\"_ _0\"></span> 13<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>011<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s j<span class=\"_ _0\"></span>\u00e1 <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e n\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>a es<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>\u00edvi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>bem<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pes<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dir<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Ac<span class=\"_ _0\"></span>\u00f3rd<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>24 d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>1 (<span class=\"_ _0\"></span>Pro<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>n.\u00ba<span class=\"_ _0\"></span> 09<span class=\"_ _0\"></span>93<span class=\"_ _0\"></span>A/ <span class=\"_ _0\"></span>02)<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> vei<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>firm<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>a po<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>o \u00e0 <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>igi<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span>.  Em <span class=\"_ _0\"></span>13<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>7 a <span class=\"_ _0\"></span>The<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>ompa<span class=\"_ _0\"></span>ny,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>um a<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>traj<span class=\"_ _3b\"></span>udici<span class=\"_ _0\"></span>al com<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Te<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> rec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>hec<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e do<span class=\"_ _0\"></span> F<span class=\"_ _0\"></span>RDP<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 5<span class=\"_ _0\"></span>.<span class=\"ls16\">725</span>.<span class=\"ls16\">771 </span>eur<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>espo<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Imp<span class=\"_ _0\"></span>ost<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> R<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>esso<span class=\"_ _0\"></span>as Col<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>IRC)<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ago<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>vida<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o/<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o  in<span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>arte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>inis<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>\u00e1ria<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>fis<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a das<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pela<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nt\u00e3<span class=\"_ _0\"></span>o S<span class=\"_ _0\"></span>opo<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>el,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>200<span class=\"_ _0\"></span>3, <span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>m,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>mov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> a re<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>tui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>enc<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ntia<span class=\"_ _0\"></span>. Ne<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onte<span class=\"_ _0\"></span>xt<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>\u00e1 d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>pons<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>FRDP<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac<span class=\"_ _0\"></span>22.<span class=\"_ _0\"></span>140<span class=\"_ _0\"></span>.85<span class=\"_ _0\"></span>5<span class=\"ff1 ls10\">, </span></span>de<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>had<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ue:<span class=\"_ _0\"></span>  Redu\u00e7\u00e3o vi<span class=\"_ _0\"></span>a pagamento  Processos  Valores ao abrigo decididos a  Valores Valores em Euros<span class=\"_ _1\"></span>  Per\u00edodo solicitados do RERD favor do Gru<span class=\"_ _0\"></span>po em aberto Processos transi<span class=\"_ _1\"></span>tados em Julg<span class=\"_ _1\"></span>ado IRC 2002<span class=\"ls0\"> </span>18<span class=\"ls0\">.</span>923 - - 18<span class=\"ls0\">.</span>923 IRC (RF) 2004<span class=\"ls0\"> </span>3.<span class=\"ls24\">324 </span>- - 3.<span class=\"ls24\">324 </span>IRC 2004<span class=\"ls0\"> </span>766<span class=\"ls0\">.</span>395 -(139.023)627<span class=\"ls0\">.</span>372 Despesas 314<span class=\"ls0\">.</span>957 - - 314<span class=\"ls0\">.</span>957 1.103.<span class=\"ls2b\">599 </span>-(139 023)964<span class=\"ls0\">.576 </span>Processos n\u00e3o <span class=\"_ _1\"></span>transitados em <span class=\"_ _1\"></span>julgado<span class=\"_ _1\"></span> IRC 2005<span class=\"ls0\"> </span>11<span class=\"ls0\">.</span>754<span class=\"ls0\">.680 </span>(1<span class=\"ls0\">.<span class=\"ls24\">360</span>.294)<span class=\"_ _1\"></span> </span>-10<span class=\"ls0\">.</span>394<span class=\"ls0\">.386</span>IRC 2006<span class=\"ls0\"> </span>11<span class=\"ls0\">.</span>890<span class=\"ls0\">.071 </span>(1<span class=\"ls0\">.<span class=\"ls24\">108</span>.178)<span class=\"_ _1\"></span> </span>-10<span class=\"ls0\">.</span>781<span class=\"ls0\">.893</span>23<span class=\"ls0\">.</span>644<span class=\"ls0\">.<span class=\"_ _1\"></span>751 </span>(2<span class=\"ls0\">.468.472) </span>-21<span class=\"ls0\">.</span>176<span class=\"_ _1\"></span><span class=\"ls0\">.279</span>24<span class=\"ls0\">.</span>748<span class=\"ls0\">.<span class=\"_ _1\"></span>350 </span>(2<span class=\"ls0\">.468.472) </span>(139 023) 22<span class=\"ls0\">.</span>140<span class=\"_ _1\"></span><span class=\"ls0\">.855 </span>Re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>cess<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>IRC <span class=\"_ _0\"></span>agr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>05<span class=\"_ _0\"></span> e 2<span class=\"_ _0\"></span>006<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>trib<span class=\"_ _0\"></span>unai<span class=\"_ _0\"></span>s ve<span class=\"_ _0\"></span>nha<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>avor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>rar\u00e1<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ped<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o F<span class=\"_ _0\"></span>RDP<span class=\"_ _0\"></span>. Fundo de regul<span class=\"_ _1\"></span>ariza\u00e7\u00e3o da d<span class=\"_ _1\"></span>\u00edvida p\u00fablica <span class=\"_ _1\"></span>- Proc.<span class=\"_ _1\"></span> N.\u00ba 774/1<span class=\"_ _1\"></span>1.3 BEALM<span class=\"_ _1\"></span> Adi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>alme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, f<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> Tr<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> Ad<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>trat<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> A<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>ada,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 1<span class=\"_ _0\"></span>1 de<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>utub<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2011<span class=\"ls0\"> no<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>pet<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue se<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>cit<span class=\"_ _0\"></span>ava <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ree<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ols<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rso<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>tot<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o </span>136<span class=\"ls0\">.</span>243<span class=\"ls0\">.9<span class=\"_ _0\"></span>49 <span class=\"_ _0\"></span>eur<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s a <span class=\"_ _0\"></span>aj<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s na<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> </span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>\u00f3s<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>atiz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ajus<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>regi<span class=\"_ _0\"></span>stad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> ha<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>sido<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>mul<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> n\u00e3o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>oni<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ta d<span class=\"_ _0\"></span>os con<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>. Em <span class=\"_ _0\"></span>24<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>aio<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>14<span class=\"_ _0\"></span>, o <span class=\"_ _0\"></span>Tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>nal <span class=\"_ _0\"></span>Adm<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>Fis<span class=\"_ _0\"></span>cal <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Al<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>va t<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>hal<span class=\"_ _0\"></span>, so<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>itan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ega\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>cri<span class=\"_ _0\"></span>to.<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span> 30<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ju<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>14,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tou <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ma\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>fer\u00ea<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eix<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>esm<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>scri<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> sol<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>nal.<span class=\"_ _0\"></span> O <span class=\"_ _0\"></span>Tri<span class=\"_ _0\"></span>buna<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> raz<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>p\u00f3<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>nome<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>\u00f3ri<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l fo<span class=\"_ _0\"></span>i e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>o em<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ho d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>201<span class=\"_ _0\"></span>7, <span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>\u00eanci<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span>ida,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>The<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>y, S<span class=\"_ _0\"></span>.A.,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> M<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>st\u00e9r<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>\u00eanc<span class=\"_ _0\"></span>ia d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> Pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>audi<span class=\"_ _0\"></span>\u00eanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>lga<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>clar<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>erb<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>\u00f3ri<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>. Ap\u00f3<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>clam<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tada<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 11<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>7 e<span class=\"_ _0\"></span> 15<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> jan<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>19,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tara<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Rel<span class=\"_ _0\"></span>at\u00f3<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>s P<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>formu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 2<span class=\"_ _0\"></span>7 de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>18 e<span class=\"_ _0\"></span> 19<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ar\u00e7o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>9, r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>peti<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>. As <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ss\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>di\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e ju<span class=\"_ _0\"></span>lg<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o ti<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> l<span class=\"_ _0\"></span>ugar<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntre<span class=\"_ _3b\"></span> maio<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>nho <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>19,<span class=\"_ _0\"></span> ten<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>as par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>apre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ale<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>temb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>19<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ag<span class=\"_ _0\"></span>uard<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>ago<span class=\"_ _0\"></span>ra a<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>s\u00e3<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span> Tr<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-234-3": {
   "value": "10.2.<span class=\"ffd ls0\"> <span class=\"_ _46\"> </span><span class=\"ff3\">Com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>omi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>os </span></span>Garantias prestadas a terceiros Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Garantias pres<span class=\"_ _1\"></span>tadas Garantias Navigator <span class=\"_ _1\"></span>para os financ<span class=\"_ _1\"></span>iamentos com o BEI<span class=\"_ _1\"></span> 37<span class=\"ls0\">.</span>708<span class=\"ls0\">.333 </span>42<span class=\"ls0\">.</span>916<span class=\"ls0\">.667 </span>AT <span class=\"ls0\">- Autoridade Tribut\u00e1r<span class=\"_ _1\"></span>ia e Aduaneira <span class=\"_ _1\"></span> </span>- 6.<span class=\"ls24\">513</span>.318 Comiss\u00e3o Coordena<span class=\"_ _1\"></span>\u00e7\u00e3o Desenvol<span class=\"_ _1\"></span>vimento Regiona<span class=\"_ _1\"></span>l   354<span class=\"ls0\">.</span>083 - IAPMEI    1.<span class=\"ls24\">280</span>.701 1.<span class=\"ls24\">280</span>.701 Desalfandegamento <span class=\"_ _1\"></span>de produtos<span class=\"_ _1\"></span> 1.<span class=\"ls24\">250 </span>1.<span class=\"ls24\">250 </span>Ag\u00eancia Estatal<span class=\"_ _1\"></span> de Administ. Tr<span class=\"_ _1\"></span>ibutaria Espanhola<span class=\"_ _1\"></span> - 1.<span class=\"ls24\">033</span>.204 Ag\u00eancia Portugue<span class=\"_ _1\"></span>sa Ambiente<span class=\"_ _1\"></span> 2.<span class=\"ls24\">390</span>.006 1.<span class=\"ls24\">527</span>.484 Simria 338<span class=\"ls0\">.</span>829 338<span class=\"ls0\">.</span>829 Outras 838<span class=\"ls0\">.</span>256 1.<span class=\"ls24\">987</span>.855 42<span class=\"ls0\">.</span>911<span class=\"ls0\">.<span class=\"_ _1\"></span>458 </span>55<span class=\"ls0\">.</span>599<span class=\"_ _1\"></span><span class=\"ls0\">.308 </span>As <span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> IA<span class=\"_ _0\"></span>PMEI <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eal<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>\u00e2mb<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>trat<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> In<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>stime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o ce<span class=\"_ _0\"></span>leb<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Est<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o P<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>ugu<span class=\"_ _0\"></span>\u00eas<span class=\"_ _0\"></span> e a<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>Pulp<span class=\"_ _0\"></span> A<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>ro,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>(<span class=\"ff9\">\u20ac<span class=\"_ _0\"></span><span class=\"ff1 ls16\">833<span class=\"ls0\">.09<span class=\"_ _0\"></span>7) <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> </span></span></span>Tis<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e R<span class=\"_ _0\"></span>\u00f3d<span class=\"_ _0\"></span>\u00e3o, <span class=\"_ _0\"></span>S.A<span class=\"_ _0\"></span>. (<span class=\"_ _0\"></span><span class=\"ff9\">\u20ac<span class=\"ff1 ls16\">447<span class=\"ls0\">.<span class=\"_ _0\"></span>604<span class=\"_ _0\"></span>), <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ord<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ipu<span class=\"_ _0\"></span>lado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>Nor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> </span></span></span>Pag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>apl<span class=\"_ _0\"></span>ic\u00e1<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>l ao<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>Proj<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>abri<span class=\"_ _0\"></span>go <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> Si<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ema<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e In<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o QR<span class=\"_ _0\"></span>EN<span class=\"_ _0\"></span>.  As <span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tada<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> Au<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> T<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ut\u00e1r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>laci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>sta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>ncio<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>IRC <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>15.<span class=\"_ _0\"></span>  No<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Ag\u00ea<span class=\"_ _3b\"></span>ncia <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tug<span class=\"_ _0\"></span>ues<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Amb<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nte,<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span>m p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>stad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o \u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>to de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>roce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>ncio<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>, as<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>iad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>urso<span class=\"_ _0\"></span>s h<span class=\"_ _0\"></span>\u00eddr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 201<span class=\"_ _0\"></span>7 a<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span><span class=\"ls16\">21<span class=\"ls0\">. </span></span>Compromissos de compra Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Compromissos de<span class=\"_ _1\"></span> compra<span class=\"_ _1\"></span> Ativos fixos tang\u00ed<span class=\"_ _1\"></span>veis - Equ<span class=\"_ _1\"></span>ipamentos fabr<span class=\"_ _1\"></span>is 57<span class=\"ls0\">.</span>737<span class=\"ls0\">.388 </span>14<span class=\"ls0\">.</span>612<span class=\"ls0\">.464 </span>Madeira Compromissos co<span class=\"_ _1\"></span>m aquisi\u00e7\u00f5es<span class=\"_ _1\"></span> no per\u00edodo subsequen<span class=\"_ _1\"></span>te 362<span class=\"ls0\">.</span>700<span class=\"ls0\">.000 </span>287<span class=\"ls0\">.</span>700<span class=\"ls0\">.000 </span>Compromissos co<span class=\"_ _1\"></span>m aquisi\u00e7\u00f5es<span class=\"_ _1\"></span> de longo prazo<span class=\"_ _1\"></span> 117<span class=\"ls0\">.</span>600<span class=\"ls0\">.000 </span>88<span class=\"ls0\">.</span>100<span class=\"ls0\">.000 </span>538<span class=\"ls0\">.037.3<span class=\"_ _1\"></span>88 </span>390<span class=\"ls0\">.412.4<span class=\"_ _1\"></span>64 </span>No<span class=\"_ _0\"></span> pri<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>022,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Ab<span class=\"_ _0\"></span>aste<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Mad<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a, ACE,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>nou<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tli<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span> Oc<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>n B<span class=\"_ _0\"></span>ulk<span class=\"_ _0\"></span>, In<span class=\"_ _0\"></span>c. <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> fr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>adei<span class=\"_ _0\"></span>ra,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>anos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span>, 2<span class=\"_ _0\"></span>023<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>24.<span class=\"_ _0\"></span> O c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ev\u00ea<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>de,<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ox<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte,<span class=\"_ _0\"></span> 9<span class=\"_ _0\"></span>40.0<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span> m3<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>. Outros Compromissos O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>umiu<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>miss<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ngir<span class=\"_ _0\"></span> a n<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>alid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>\u00f3ni<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>203<span class=\"_ _0\"></span>5,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m um <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>glo<span class=\"_ _0\"></span>bal<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>evis<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 23<span class=\"_ _0\"></span>5 <span class=\"_ _0\"></span>mil<span class=\"_ _0\"></span>h\u00f5es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os, <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s 5<span class=\"_ _0\"></span>7,<span class=\"_ _0\"></span>4 mi<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> eu<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>etu<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> 31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2. No<span class=\"_ _0\"></span> \u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>so f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> adj<span class=\"_ _0\"></span>udi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>c\u00edci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 o<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s: \uf0b7<span class=\"_ _b1\"> </span><span class=\"ff1 fc6\">Con<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>a C<span class=\"_ _0\"></span>alde<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e R<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>uper<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Set<span class=\"_ _0\"></span>\u00fab<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>um i<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>esti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto</span>pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac<span class=\"_ _0\"></span>135<span class=\"_ _0\"></span>,8 <span class=\"_ _0\"></span>mil<span class=\"_ _0\"></span>h\u00f5e<span class=\"_ _0\"></span>s;<span class=\"_ _0\"></span> e\uf0b7<span class=\"_ _b1\"> </span><span class=\"ff1 fc6\">o <span class=\"_ _0\"></span>Pro<span class=\"_ _0\"></span>jet<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>e qu<span class=\"_ _0\"></span>eima<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>al o<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>roso<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>(NCG<span class=\"_ _0\"></span>s)<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> Se<span class=\"_ _0\"></span>t\u00fa<span class=\"_ _0\"></span>bal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>um</span>in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> \u20ac 16<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ilh<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCommitmentsExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-234-4": {
   "value": "10.2.<span class=\"ffd ls0\"> <span class=\"_ _46\"> </span><span class=\"ff3\">Com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>omi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>os </span></span>Garantias prestadas a terceiros Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Garantias pres<span class=\"_ _1\"></span>tadas Garantias Navigator <span class=\"_ _1\"></span>para os financ<span class=\"_ _1\"></span>iamentos com o BEI<span class=\"_ _1\"></span> 37<span class=\"ls0\">.</span>708<span class=\"ls0\">.333 </span>42<span class=\"ls0\">.</span>916<span class=\"ls0\">.667 </span>AT <span class=\"ls0\">- Autoridade Tribut\u00e1r<span class=\"_ _1\"></span>ia e Aduaneira <span class=\"_ _1\"></span> </span>- 6.<span class=\"ls24\">513</span>.318 Comiss\u00e3o Coordena<span class=\"_ _1\"></span>\u00e7\u00e3o Desenvol<span class=\"_ _1\"></span>vimento Regiona<span class=\"_ _1\"></span>l   354<span class=\"ls0\">.</span>083 - IAPMEI    1.<span class=\"ls24\">280</span>.701 1.<span class=\"ls24\">280</span>.701 Desalfandegamento <span class=\"_ _1\"></span>de produtos<span class=\"_ _1\"></span> 1.<span class=\"ls24\">250 </span>1.<span class=\"ls24\">250 </span>Ag\u00eancia Estatal<span class=\"_ _1\"></span> de Administ. Tr<span class=\"_ _1\"></span>ibutaria Espanhola<span class=\"_ _1\"></span> - 1.<span class=\"ls24\">033</span>.204 Ag\u00eancia Portugue<span class=\"_ _1\"></span>sa Ambiente<span class=\"_ _1\"></span> 2.<span class=\"ls24\">390</span>.006 1.<span class=\"ls24\">527</span>.484 Simria 338<span class=\"ls0\">.</span>829 338<span class=\"ls0\">.</span>829 Outras 838<span class=\"ls0\">.</span>256 1.<span class=\"ls24\">987</span>.855 42<span class=\"ls0\">.</span>911<span class=\"ls0\">.<span class=\"_ _1\"></span>458 </span>55<span class=\"ls0\">.</span>599<span class=\"_ _1\"></span><span class=\"ls0\">.308 </span>As <span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> IA<span class=\"_ _0\"></span>PMEI <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eal<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>\u00e2mb<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>trat<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> In<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>stime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o ce<span class=\"_ _0\"></span>leb<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Est<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o P<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>ugu<span class=\"_ _0\"></span>\u00eas<span class=\"_ _0\"></span> e a<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>Pulp<span class=\"_ _0\"></span> A<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>ro,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>(<span class=\"ff9\">\u20ac<span class=\"_ _0\"></span><span class=\"ff1 ls16\">833<span class=\"ls0\">.09<span class=\"_ _0\"></span>7) <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> </span></span></span>Tis<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e R<span class=\"_ _0\"></span>\u00f3d<span class=\"_ _0\"></span>\u00e3o, <span class=\"_ _0\"></span>S.A<span class=\"_ _0\"></span>. (<span class=\"_ _0\"></span><span class=\"ff9\">\u20ac<span class=\"ff1 ls16\">447<span class=\"ls0\">.<span class=\"_ _0\"></span>604<span class=\"_ _0\"></span>), <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ord<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ipu<span class=\"_ _0\"></span>lado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>Nor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> </span></span></span>Pag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>apl<span class=\"_ _0\"></span>ic\u00e1<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>l ao<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>Proj<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>abri<span class=\"_ _0\"></span>go <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> Si<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ema<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e In<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o QR<span class=\"_ _0\"></span>EN<span class=\"_ _0\"></span>.  As <span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tada<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> Au<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> T<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ut\u00e1r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>laci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>sta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>ncio<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>IRC <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>15.<span class=\"_ _0\"></span>  No<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Ag\u00ea<span class=\"_ _3b\"></span>ncia <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tug<span class=\"_ _0\"></span>ues<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Amb<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nte,<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span>m p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>stad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o \u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>to de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>roce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>ncio<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>, as<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>iad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>urso<span class=\"_ _0\"></span>s h<span class=\"_ _0\"></span>\u00eddr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 201<span class=\"_ _0\"></span>7 a<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span><span class=\"ls16\">21<span class=\"ls0\">. </span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCollateralExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-237-3": {
   "value": "10.3.<span class=\"ffd ls0\"> <span class=\"_ _46\"> </span><span class=\"ff3\">At<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>gen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s </span></span>Fundo de Regu<span class=\"_ _1\"></span>lariza\u00e7\u00e3o da d<span class=\"_ _1\"></span>\u00edvida p\u00fablica<span class=\"_ _1\"></span> No<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>to-<span class=\"_ _0\"></span>Le<span class=\"_ _0\"></span>i n.<span class=\"_ _0\"></span>\u00ba 3<span class=\"_ _0\"></span>6/<span class=\"_ _0\"></span>93<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 13<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>reir<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> as <span class=\"_ _0\"></span>d\u00ed<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>fis<span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>as pr<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>atiz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>(2<span class=\"_ _0\"></span>5 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>nove<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>200<span class=\"_ _0\"></span>6) s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pon<span class=\"_ _0\"></span>sab<span class=\"_ _0\"></span>ilid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>o F<span class=\"_ _0\"></span>und<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>gul<span class=\"_ _0\"></span>ariz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>D\u00edvi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> P\u00fa<span class=\"_ _0\"></span>bli<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>(FR<span class=\"_ _0\"></span>DP)<span class=\"_ _0\"></span>. E<span class=\"_ _0\"></span>m 1<span class=\"_ _0\"></span>6 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>abr<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>08,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>The<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>mpan<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>req<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>rime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o F<span class=\"_ _0\"></span>RDP<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lici<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> pag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o das<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>\u00edvi<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nt\u00e3o<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>Adm<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o F<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>. E<span class=\"_ _0\"></span>m 13<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>10 apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tou <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>req<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r o<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>gam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>d\u00ed<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>as l<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a Adm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>Fis<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>as ao<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>06<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>2003<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o, em<span class=\"_ _0\"></span> 13<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>011<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s j<span class=\"_ _0\"></span>\u00e1 <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e n\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>a es<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>\u00edvi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>bem<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pes<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dir<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Ac<span class=\"_ _0\"></span>\u00f3rd<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>24 d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>1 (<span class=\"_ _0\"></span>Pro<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>n.\u00ba<span class=\"_ _0\"></span> 09<span class=\"_ _0\"></span>93<span class=\"_ _0\"></span>A/ <span class=\"_ _0\"></span>02)<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> vei<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>firm<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>a po<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>o \u00e0 <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>igi<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span>.  Em <span class=\"_ _0\"></span>13<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>7 a <span class=\"_ _0\"></span>The<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>ompa<span class=\"_ _0\"></span>ny,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>um a<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>traj<span class=\"_ _3b\"></span>udici<span class=\"_ _0\"></span>al com<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Te<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> rec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>hec<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e do<span class=\"_ _0\"></span> F<span class=\"_ _0\"></span>RDP<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 5<span class=\"_ _0\"></span>.<span class=\"ls16\">725</span>.<span class=\"ls16\">771 </span>eur<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>espo<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Imp<span class=\"_ _0\"></span>ost<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> R<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>esso<span class=\"_ _0\"></span>as Col<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>IRC)<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ago<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>vida<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o/<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o  in<span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>arte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>inis<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>\u00e1ria<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>fis<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a das<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pela<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nt\u00e3<span class=\"_ _0\"></span>o S<span class=\"_ _0\"></span>opo<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>el,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>200<span class=\"_ _0\"></span>3, <span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>m,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>mov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> a re<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>tui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>enc<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ntia<span class=\"_ _0\"></span>. Ne<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onte<span class=\"_ _0\"></span>xt<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>\u00e1 d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>pons<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>FRDP<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac<span class=\"_ _0\"></span>22.<span class=\"_ _0\"></span>140<span class=\"_ _0\"></span>.85<span class=\"_ _0\"></span>5<span class=\"ff1 ls10\">, </span></span>de<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>had<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ue:<span class=\"_ _0\"></span>  Redu\u00e7\u00e3o vi<span class=\"_ _0\"></span>a pagamento  Processos  Valores ao abrigo decididos a  Valores Valores em Euros<span class=\"_ _1\"></span>  Per\u00edodo solicitados do RERD favor do Gru<span class=\"_ _0\"></span>po em aberto Processos transi<span class=\"_ _1\"></span>tados em Julg<span class=\"_ _1\"></span>ado IRC 2002<span class=\"ls0\"> </span>18<span class=\"ls0\">.</span>923 - - 18<span class=\"ls0\">.</span>923 IRC (RF) 2004<span class=\"ls0\"> </span>3.<span class=\"ls24\">324 </span>- - 3.<span class=\"ls24\">324 </span>IRC 2004<span class=\"ls0\"> </span>766<span class=\"ls0\">.</span>395 -(139.023)627<span class=\"ls0\">.</span>372 Despesas 314<span class=\"ls0\">.</span>957 - - 314<span class=\"ls0\">.</span>957 1.103.<span class=\"ls2b\">599 </span>-(139 023)964<span class=\"ls0\">.576 </span>Processos n\u00e3o <span class=\"_ _1\"></span>transitados em <span class=\"_ _1\"></span>julgado<span class=\"_ _1\"></span> IRC 2005<span class=\"ls0\"> </span>11<span class=\"ls0\">.</span>754<span class=\"ls0\">.680 </span>(1<span class=\"ls0\">.<span class=\"ls24\">360</span>.294)<span class=\"_ _1\"></span> </span>-10<span class=\"ls0\">.</span>394<span class=\"ls0\">.386</span>IRC 2006<span class=\"ls0\"> </span>11<span class=\"ls0\">.</span>890<span class=\"ls0\">.071 </span>(1<span class=\"ls0\">.<span class=\"ls24\">108</span>.178)<span class=\"_ _1\"></span> </span>-10<span class=\"ls0\">.</span>781<span class=\"ls0\">.893</span>23<span class=\"ls0\">.</span>644<span class=\"ls0\">.<span class=\"_ _1\"></span>751 </span>(2<span class=\"ls0\">.468.472) </span>-21<span class=\"ls0\">.</span>176<span class=\"_ _1\"></span><span class=\"ls0\">.279</span>24<span class=\"ls0\">.</span>748<span class=\"ls0\">.<span class=\"_ _1\"></span>350 </span>(2<span class=\"ls0\">.468.472) </span>(139 023) 22<span class=\"ls0\">.</span>140<span class=\"_ _1\"></span><span class=\"ls0\">.855 </span>Re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>cess<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>IRC <span class=\"_ _0\"></span>agr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>05<span class=\"_ _0\"></span> e 2<span class=\"_ _0\"></span>006<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>trib<span class=\"_ _0\"></span>unai<span class=\"_ _0\"></span>s ve<span class=\"_ _0\"></span>nha<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>avor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>rar\u00e1<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ped<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o F<span class=\"_ _0\"></span>RDP<span class=\"_ _0\"></span>. Fundo de regul<span class=\"_ _1\"></span>ariza\u00e7\u00e3o da d<span class=\"_ _1\"></span>\u00edvida p\u00fablica <span class=\"_ _1\"></span>- Proc.<span class=\"_ _1\"></span> N.\u00ba 774/1<span class=\"_ _1\"></span>1.3 BEALM<span class=\"_ _1\"></span> Adi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>alme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, f<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> Tr<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> Ad<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>trat<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> A<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>ada,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 1<span class=\"_ _0\"></span>1 de<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>utub<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2011<span class=\"ls0\"> no<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>pet<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue se<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>cit<span class=\"_ _0\"></span>ava <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ree<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ols<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rso<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>tot<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o </span>136<span class=\"ls0\">.</span>243<span class=\"ls0\">.9<span class=\"_ _0\"></span>49 <span class=\"_ _0\"></span>eur<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s a <span class=\"_ _0\"></span>aj<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s na<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> </span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>\u00f3s<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>atiz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ajus<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>regi<span class=\"_ _0\"></span>stad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> ha<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>sido<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>mul<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> n\u00e3o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>oni<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ta d<span class=\"_ _0\"></span>os con<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>. Em <span class=\"_ _0\"></span>24<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>aio<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>14<span class=\"_ _0\"></span>, o <span class=\"_ _0\"></span>Tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>nal <span class=\"_ _0\"></span>Adm<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>Fis<span class=\"_ _0\"></span>cal <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Al<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>va t<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>hal<span class=\"_ _0\"></span>, so<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>itan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ega\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>cri<span class=\"_ _0\"></span>to.<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span> 30<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ju<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>14,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tou <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ma\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>fer\u00ea<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eix<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>esm<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>scri<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> sol<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>nal.<span class=\"_ _0\"></span> O <span class=\"_ _0\"></span>Tri<span class=\"_ _0\"></span>buna<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> raz<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>p\u00f3<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>nome<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>\u00f3ri<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l fo<span class=\"_ _0\"></span>i e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>o em<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ho d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>201<span class=\"_ _0\"></span>7, <span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>\u00eanci<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span>ida,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>The<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>y, S<span class=\"_ _0\"></span>.A.,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> M<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>st\u00e9r<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>\u00eanc<span class=\"_ _0\"></span>ia d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> Pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>audi<span class=\"_ _0\"></span>\u00eanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>lga<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>clar<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>erb<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>\u00f3ri<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>. Ap\u00f3<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>clam<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tada<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 11<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>7 e<span class=\"_ _0\"></span> 15<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> jan<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>19,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tara<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Rel<span class=\"_ _0\"></span>at\u00f3<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>s P<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>formu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 2<span class=\"_ _0\"></span>7 de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>18 e<span class=\"_ _0\"></span> 19<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ar\u00e7o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>9, r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>peti<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>. As <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ss\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>di\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e ju<span class=\"_ _0\"></span>lg<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o ti<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> l<span class=\"_ _0\"></span>ugar<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntre<span class=\"_ _3b\"></span> maio<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>nho <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>19,<span class=\"_ _0\"></span> ten<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>as par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>apre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ale<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>temb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>19<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ag<span class=\"_ _0\"></span>uard<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>ago<span class=\"_ _0\"></span>ra a<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>s\u00e3<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span> Tr<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfContingentLiabilitiesExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-237-4": {
   "value": "10.3.<span class=\"ffd ls0\"> <span class=\"_ _46\"> </span><span class=\"ff3\">At<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>gen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s </span></span>Fundo de Regu<span class=\"_ _1\"></span>lariza\u00e7\u00e3o da d<span class=\"_ _1\"></span>\u00edvida p\u00fablica<span class=\"_ _1\"></span> No<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>to-<span class=\"_ _0\"></span>Le<span class=\"_ _0\"></span>i n.<span class=\"_ _0\"></span>\u00ba 3<span class=\"_ _0\"></span>6/<span class=\"_ _0\"></span>93<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 13<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>reir<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> as <span class=\"_ _0\"></span>d\u00ed<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>fis<span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>as pr<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>atiz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>(2<span class=\"_ _0\"></span>5 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>nove<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>200<span class=\"_ _0\"></span>6) s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pon<span class=\"_ _0\"></span>sab<span class=\"_ _0\"></span>ilid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>o F<span class=\"_ _0\"></span>und<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>gul<span class=\"_ _0\"></span>ariz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>D\u00edvi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> P\u00fa<span class=\"_ _0\"></span>bli<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>(FR<span class=\"_ _0\"></span>DP)<span class=\"_ _0\"></span>. E<span class=\"_ _0\"></span>m 1<span class=\"_ _0\"></span>6 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>abr<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>08,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>The<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>mpan<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>req<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>rime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o F<span class=\"_ _0\"></span>RDP<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lici<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> pag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o das<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>\u00edvi<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nt\u00e3o<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>Adm<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o F<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>. E<span class=\"_ _0\"></span>m 13<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>10 apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tou <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>req<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r o<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>gam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>d\u00ed<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>as l<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a Adm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>Fis<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>as ao<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>06<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>2003<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o, em<span class=\"_ _0\"></span> 13<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>011<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s j<span class=\"_ _0\"></span>\u00e1 <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e n\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>a es<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>\u00edvi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>bem<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pes<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dir<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Ac<span class=\"_ _0\"></span>\u00f3rd<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>24 d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>1 (<span class=\"_ _0\"></span>Pro<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>n.\u00ba<span class=\"_ _0\"></span> 09<span class=\"_ _0\"></span>93<span class=\"_ _0\"></span>A/ <span class=\"_ _0\"></span>02)<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> vei<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>firm<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>a po<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>o \u00e0 <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>igi<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span>.  Em <span class=\"_ _0\"></span>13<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>7 a <span class=\"_ _0\"></span>The<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>ompa<span class=\"_ _0\"></span>ny,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>um a<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>traj<span class=\"_ _3b\"></span>udici<span class=\"_ _0\"></span>al com<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Te<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> rec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>hec<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e do<span class=\"_ _0\"></span> F<span class=\"_ _0\"></span>RDP<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 5<span class=\"_ _0\"></span>.<span class=\"ls16\">725</span>.<span class=\"ls16\">771 </span>eur<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>espo<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Imp<span class=\"_ _0\"></span>ost<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> R<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>esso<span class=\"_ _0\"></span>as Col<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>IRC)<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ago<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>vida<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o/<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o  in<span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>arte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>inis<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>\u00e1ria<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>fis<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a das<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pela<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nt\u00e3<span class=\"_ _0\"></span>o S<span class=\"_ _0\"></span>opo<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>el,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>200<span class=\"_ _0\"></span>3, <span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>m,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>mov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> a re<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>tui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>enc<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ntia<span class=\"_ _0\"></span>. Ne<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onte<span class=\"_ _0\"></span>xt<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>\u00e1 d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>pons<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>FRDP<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac<span class=\"_ _0\"></span>22.<span class=\"_ _0\"></span>140<span class=\"_ _0\"></span>.85<span class=\"_ _0\"></span>5<span class=\"ff1 ls10\">, </span></span>de<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>had<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ue:<span class=\"_ _0\"></span>  Redu\u00e7\u00e3o vi<span class=\"_ _0\"></span>a pagamento  Processos  Valores ao abrigo decididos a  Valores Valores em Euros<span class=\"_ _1\"></span>  Per\u00edodo solicitados do RERD favor do Gru<span class=\"_ _0\"></span>po em aberto Processos transi<span class=\"_ _1\"></span>tados em Julg<span class=\"_ _1\"></span>ado IRC 2002<span class=\"ls0\"> </span>18<span class=\"ls0\">.</span>923 - - 18<span class=\"ls0\">.</span>923 IRC (RF) 2004<span class=\"ls0\"> </span>3.<span class=\"ls24\">324 </span>- - 3.<span class=\"ls24\">324 </span>IRC 2004<span class=\"ls0\"> </span>766<span class=\"ls0\">.</span>395 -(139.023)627<span class=\"ls0\">.</span>372 Despesas 314<span class=\"ls0\">.</span>957 - - 314<span class=\"ls0\">.</span>957 1.103.<span class=\"ls2b\">599 </span>-(139 023)964<span class=\"ls0\">.576 </span>Processos n\u00e3o <span class=\"_ _1\"></span>transitados em <span class=\"_ _1\"></span>julgado<span class=\"_ _1\"></span> IRC 2005<span class=\"ls0\"> </span>11<span class=\"ls0\">.</span>754<span class=\"ls0\">.680 </span>(1<span class=\"ls0\">.<span class=\"ls24\">360</span>.294)<span class=\"_ _1\"></span> </span>-10<span class=\"ls0\">.</span>394<span class=\"ls0\">.386</span>IRC 2006<span class=\"ls0\"> </span>11<span class=\"ls0\">.</span>890<span class=\"ls0\">.071 </span>(1<span class=\"ls0\">.<span class=\"ls24\">108</span>.178)<span class=\"_ _1\"></span> </span>-10<span class=\"ls0\">.</span>781<span class=\"ls0\">.893</span>23<span class=\"ls0\">.</span>644<span class=\"ls0\">.<span class=\"_ _1\"></span>751 </span>(2<span class=\"ls0\">.468.472) </span>-21<span class=\"ls0\">.</span>176<span class=\"_ _1\"></span><span class=\"ls0\">.279</span>24<span class=\"ls0\">.</span>748<span class=\"ls0\">.<span class=\"_ _1\"></span>350 </span>(2<span class=\"ls0\">.468.472) </span>(139 023) 22<span class=\"ls0\">.</span>140<span class=\"_ _1\"></span><span class=\"ls0\">.855 </span>Re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>cess<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>IRC <span class=\"_ _0\"></span>agr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>05<span class=\"_ _0\"></span> e 2<span class=\"_ _0\"></span>006<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>trib<span class=\"_ _0\"></span>unai<span class=\"_ _0\"></span>s ve<span class=\"_ _0\"></span>nha<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>avor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>rar\u00e1<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ped<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o F<span class=\"_ _0\"></span>RDP<span class=\"_ _0\"></span>. Fundo de regul<span class=\"_ _1\"></span>ariza\u00e7\u00e3o da d<span class=\"_ _1\"></span>\u00edvida p\u00fablica <span class=\"_ _1\"></span>- Proc.<span class=\"_ _1\"></span> N.\u00ba 774/1<span class=\"_ _1\"></span>1.3 BEALM<span class=\"_ _1\"></span> Adi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>alme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, f<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> Tr<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> Ad<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>trat<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> A<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>ada,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 1<span class=\"_ _0\"></span>1 de<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>utub<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2011<span class=\"ls0\"> no<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>pet<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue se<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>cit<span class=\"_ _0\"></span>ava <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ree<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ols<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rso<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>tot<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o </span>136<span class=\"ls0\">.</span>243<span class=\"ls0\">.9<span class=\"_ _0\"></span>49 <span class=\"_ _0\"></span>eur<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s a <span class=\"_ _0\"></span>aj<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s na<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> </span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>\u00f3s<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>atiz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ajus<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>regi<span class=\"_ _0\"></span>stad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> ha<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>sido<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>mul<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> n\u00e3o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>oni<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ta d<span class=\"_ _0\"></span>os con<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>. Em <span class=\"_ _0\"></span>24<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>aio<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>14<span class=\"_ _0\"></span>, o <span class=\"_ _0\"></span>Tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>nal <span class=\"_ _0\"></span>Adm<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>Fis<span class=\"_ _0\"></span>cal <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Al<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>va t<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>hal<span class=\"_ _0\"></span>, so<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>itan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ega\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>cri<span class=\"_ _0\"></span>to.<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span> 30<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ju<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>14,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tou <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ma\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>fer\u00ea<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eix<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>esm<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>scri<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> sol<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>nal.<span class=\"_ _0\"></span> O <span class=\"_ _0\"></span>Tri<span class=\"_ _0\"></span>buna<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> raz<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>p\u00f3<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>nome<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>\u00f3ri<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l fo<span class=\"_ _0\"></span>i e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>o em<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ho d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>201<span class=\"_ _0\"></span>7, <span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>\u00eanci<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span>ida,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>The<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>y, S<span class=\"_ _0\"></span>.A.,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> M<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>st\u00e9r<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>\u00eanc<span class=\"_ _0\"></span>ia d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> Pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>audi<span class=\"_ _0\"></span>\u00eanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>lga<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>clar<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>erb<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>\u00f3ri<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>. Ap\u00f3<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>clam<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tada<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 11<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>7 e<span class=\"_ _0\"></span> 15<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> jan<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>19,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tara<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Rel<span class=\"_ _0\"></span>at\u00f3<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>s P<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>formu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 2<span class=\"_ _0\"></span>7 de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>18 e<span class=\"_ _0\"></span> 19<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ar\u00e7o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>9, r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>peti<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>. As <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ss\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>di\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e ju<span class=\"_ _0\"></span>lg<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o ti<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> l<span class=\"_ _0\"></span>ugar<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntre<span class=\"_ _3b\"></span> maio<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>nho <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>19,<span class=\"_ _0\"></span> ten<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>as par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>apre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ale<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>temb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>19<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ag<span class=\"_ _0\"></span>uard<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>ago<span class=\"_ _0\"></span>ra a<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>s\u00e3<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span> Tr<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
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   "value": "11.1.2.<span class=\"ls0\"> <span class=\"_ _40\"> </span>Oper<span class=\"_ _1\"></span>a\u00e7\u00f5es conjunt<span class=\"_ _1\"></span>as incorporad<span class=\"_ _1\"></span>as </span>% Participa\u00e7\u00e3o<span class=\"_ _0\"></span> 31/12/22 31/12/21<span class=\"_ _1\"></span> Principal atividade Denomina\u00e7\u00e3o <span class=\"_ _0\"></span>Social Sede Direta Indireta Total Total Pulpchem Logistics, A.C.<span class=\"_ _1\"></span>E. Portugal 50 -5050 Compras de materiais, mat\u00e9rias subsidi\u00e1rias e servi\u00e7os utilizados nos processos de produ\u00e7\u00e3o de pasta e papel ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfJointVenturesExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
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  "pp-value-243-2": {
   "value": "11.3.<span class=\"ffd ls0\"> <span class=\"_ _4e\"> </span><span class=\"ff3\">Tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as </span></span>Saldos com partes relacionadas 31/12/22<span class=\"_ _1\"></span><span class=\"ff3 fs1\"> </span>31/12/21<span class=\"ff3 fs1\"> </span>Valores em Euros<span class=\"_ _1\"></span> Valores  Valores  Financiamentos Valores  Valores a receber  a pagar  obtidos  a receber  <span class=\"fc6 lsa5\">a </span>pagar  (Nota 4.2) (Nota 4.3) (Nota 5.7) (Nota 4.2) (Nota 4.3) Acionistas (Nota 5.2) Semapa <span class=\"ff9\">\u2013</span> Soc. De Investimento e G<span class=\"_ _1\"></span>est\u00e3o, SGPS, S.A.<span class=\"_ _1\"></span> -  -  -  -  7.<span class=\"ls73\">470</span>.630 <span class=\"_ _1\"></span> Outras subsidi\u00e1rias do Grupo<span class=\"_ _1\"></span> Semapa Secil <span class=\"ff9\">\u2013</span> Companhia Geral C<span class=\"_ _1\"></span>al e Cimento, S.A. -  19<span class=\"ls0\">.049  </span>-  -  40<span class=\"ls0\">.831  </span>Secil Britas, S.A. -  126<span class=\"ls0\">.329  </span>-  -  138<span class=\"ls0\">.666  </span>Secil Prebet\u00e3o, S.A. -  -  -  -  41<span class=\"ls0\">.858  </span>CMP <span class=\"ff19\">\u2010</span> Cim<span class=\"_ _1\"></span>entos Maceira e Pataias, S.A.  -  9.659  -  -  24 <span class=\"ls0\"> </span>Unibet\u00e3o, S.A. -  -  -  -  16<span class=\"ls0\">.527  </span>Outras entidades relacionadas<span class=\"_ _1\"></span> Sonagi Imobili<span class=\"_ _1\"></span>\u00e1ria, S.A. -  -  -  -  -  Hotel Ritz, S.A. -  1.727  -  -  3.464  -  156.764  -  -  7.712.000  Transa\u00e7\u00f5es do per\u00edodo com par<span class=\"_ _0\"></span>tes relacionadas<span class=\"_ _1\"></span> 31/12/2231/12/21Compras Vendas e Outros (Gastos)/ Compras Vendas e Outros (Gastos)/ de bens presta\u00e7\u00f5es rendimentos Rendimentos de bens presta\u00e7\u00f5es rendimentos Rendimentos Valores em Euros e servi\u00e7os de servi\u00e7os operacionais financeiros e servi\u00e7os de servi\u00e7os operacionais financeiros Acionistas (Nota 5.2) Semapa - Soc. de Investimento e Gest\u00e3o, 8.<span class=\"ls73\">936</span>.416 - - - 10<span class=\"ls0\">.043.173 </span>34 - - SGPS, S.A. 8.936.416 - - - 10<span class=\"ls0\">.043.173 </span>34 - - Outras subsidi\u00e1rias do Grupo Semapa Secil - Companhia Geral Cal 139<span class=\"ls0\">.199 </span>- - - 165<span class=\"ls0\">.466 </span>15<span class=\"ls0\">.750 </span>- 606 e Cimento, S.A. Secil Britas, S.A. 271<span class=\"ls0\">.313 </span>- - - 310<span class=\"ls0\">.125 </span>- - - Secil Prebet\u00e3o, S.A. - - - - 5.475 - - - CMP <span class=\"ff19\">\u2010</span> Cim<span class=\"_ _1\"></span>entos Maceira - - 403 - 8.846 - - 450 e Pataias, S.A.  Unibet\u00e3o, S.A. 14<span class=\"ls0\">.063 </span>- - - 5.756 - - - 424.575 - 403 -495.66815<span class=\"ls0\">.750 </span>-1.056Outras entidades relacionadas Seinpar Investments BV - - - - - - - - Hotel Ritz, S.A. 20<span class=\"ls0\">.922 </span>- - - 21<span class=\"ls0\">.656 </span>- - - 20<span class=\"ls0\">.922 </span>- - - 21<span class=\"ls0\">.656 </span>- - - 9.381.913 - 403 -10<span class=\"ls0\">.560.497</span>15<span class=\"ls0\">.784 </span>-1.056Em <span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fev<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>013<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>foi <span class=\"_ _0\"></span>cel<span class=\"_ _0\"></span>ebr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>erv<span class=\"_ _0\"></span>i\u00e7os<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e a <span class=\"_ _0\"></span>Sem<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>a \u2013<span class=\"_ _9b\"> </span><span class=\"ff1\">Soc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e In<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span>, SG<span class=\"_ _0\"></span>PS,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A., <span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ora <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 69<span class=\"_ _0\"></span>,<span class=\"ls16\">97</span>% d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>o</span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>e o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>\u00e0 p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>rvi<span class=\"_ _0\"></span>\u00e7os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ges<span class=\"_ _0\"></span>t\u00e3o,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue fi<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>mune<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> cri<span class=\"_ _0\"></span>t\u00e9r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>rga<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>as re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nt\u00edn<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> col<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>t\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>as r<span class=\"_ _0\"></span>egr<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>\u00e0s re<span class=\"_ _0\"></span>la\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omer<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>edad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o. As <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> Sec<span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> nor<span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>o. No<span class=\"_ _0\"></span> \u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>art<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>acio<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o C<span class=\"_ _0\"></span>onse<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Adm<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>stra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>emai<span class=\"_ _0\"></span>s \u00d3r<span class=\"_ _0\"></span>g\u00e3o<span class=\"_ _0\"></span>s S<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s. A r<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>une<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>oal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>cha<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> deta<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>7.<span class=\"_ _0\"></span>3 <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> Re<span class=\"_ _0\"></span>mun<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> </span></span>do<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>\u00f3rg<span class=\"_ _0\"></span>\u00e3os<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span><span class=\"ff7\">. </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfRelatedPartyExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-245-4": {
   "value": "Em <span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fev<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>013<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>foi <span class=\"_ _0\"></span>cel<span class=\"_ _0\"></span>ebr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>erv<span class=\"_ _0\"></span>i\u00e7os<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e a <span class=\"_ _0\"></span>Sem<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>a \u2013<span class=\"_ _9b\"> </span><span class=\"ff1\">Soc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e In<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span>, SG<span class=\"_ _0\"></span>PS,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A., <span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ora <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 69<span class=\"_ _0\"></span>,<span class=\"ls16\">97</span>% d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>o</span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>e o <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>\u00e0 p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>rvi<span class=\"_ _0\"></span>\u00e7os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ges<span class=\"_ _0\"></span>t\u00e3o,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue fi<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>mune<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> cri<span class=\"_ _0\"></span>t\u00e9r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>rga<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>as re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nt\u00edn<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> col<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>t\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>as r<span class=\"_ _0\"></span>egr<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>\u00e0s re<span class=\"_ _0\"></span>la\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omer<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>edad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o. As <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> Sec<span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> nor<span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>o. No<span class=\"_ _0\"></span> \u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>art<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>acio<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o C<span class=\"_ _0\"></span>onse<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Adm<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>stra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>emai<span class=\"_ _0\"></span>s \u00d3r<span class=\"_ _0\"></span>g\u00e3o<span class=\"_ _0\"></span>s S<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s. A r<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>une<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>oal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>cha<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> deta<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>7.<span class=\"_ _0\"></span>3 <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> Re<span class=\"_ _0\"></span>mun<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> </span></span>do<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>\u00f3rg<span class=\"_ _0\"></span>\u00e3os<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span><span class=\"ff7\">. </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForTransactionsWithRelatedPartiesExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "pp-value-246-2": {
   "value": "Demonstra\u00e7\u00e3o d<span class=\"_ _1\"></span>os resultados <span class=\"_ _1\"></span>separada<span class=\"_ _1\"></span> Para os pe<span class=\"_ _1\"></span>r\u00edodos findos em <span class=\"_ _1\"></span>31 de de<span class=\"_ _1\"></span>zembro de 202<span class=\"_ _1\"></span>2 e 2021 Valores em Euros<span class=\"_ _1\"></span> Nota 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>R\u00e9ditos 2.1 3.531.205.717 2.366.947.621 Outros rendimentos<span class=\"_ _1\"></span> e ganhos oper<span class=\"_ _1\"></span>acionais<span class=\"_ _1\"></span> 2.2 3.478.417 2.090.803 Custos das mercador<span class=\"_ _1\"></span>ias vend<span class=\"_ _1\"></span>idas e das mat\u00e9rias <span class=\"_ _1\"></span>consu<span class=\"_ _1\"></span>midas 4.1 (3.138.646.788<span class=\"_ _1\"></span>) (2.103.980.956<span class=\"_ _1\"></span>) Fornecimentos e serv<span class=\"_ _1\"></span>i\u00e7os externos<span class=\"_ _1\"></span> 2.3 (318.009.546)<span class=\"_ _1\"></span> (221.150.420)<span class=\"_ _1\"></span> Gastos com o pessoa<span class=\"_ _1\"></span>l  7.1 (13.521.497) (11.092.252)<span class=\"_ _1\"></span> Outros gastos e per<span class=\"_ _1\"></span>das operaciona<span class=\"_ _1\"></span>is 2.3 (7.339.126) (5.729.376) Provis\u00f5es l\u00edqu<span class=\"_ _1\"></span>idas 9.1 857.042 (1.138.500) Resultados subsi<span class=\"_ _1\"></span>di\u00e1rias 10.1 349.940.785 160.083.746 Deprecia\u00e7\u00f5es, a<span class=\"_ _1\"></span>mortiza\u00e7\u00f5es e perdas <span class=\"_ _1\"></span>por imparidade e<span class=\"_ _1\"></span>m ativos n\u00e3o <span class=\"_ _1\"></span>financeiros<span class=\"_ _1\"></span> 3.3 (573.331) (611.085) Resultado opera<span class=\"_ _1\"></span>cional 407.391.673 185.419.582 Rendimentos e<span class=\"_ _1\"></span> ganhos finance<span class=\"_ _1\"></span>iros 5.10 22.095.577 25.605.954 Gastos e perdas<span class=\"_ _1\"></span> financeiras 5.10 (33.204.745) (36.184.414)<span class=\"_ _1\"></span> Resultado antes de<span class=\"_ _1\"></span> impostos<span class=\"_ _1\"></span> 396.282.505 174.841.122 Imposto sobre o<span class=\"_ _1\"></span> rendimento 6.1 (3.745.435) (3.429.667) Resultado l\u00edquido d<span class=\"_ _1\"></span>o per\u00edodo<span class=\"_ _1\"></span> 392.537.070 171.411.455 Resultado por a\u00e7\u00e3o<span class=\"_ _1\"></span> Resultado b\u00e1s<span class=\"_ _1\"></span>ico por a\u00e7\u00e3o, Eur<span class=\"_ _1\"></span> 5.3 0,552 0,241 Resultado dilu<span class=\"_ _1\"></span>\u00eddo por a\u00e7\u00e3o, Eur<span class=\"_ _1\"></span> 5.3 0,552 0,241 As <span class=\"_ _0\"></span>not<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> An<span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>stit<span class=\"_ _0\"></span>uem<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>para<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>.Demonstra\u00e7\u00e3o d<span class=\"_ _1\"></span>o rendimento <span class=\"_ _1\"></span>integral s<span class=\"_ _1\"></span>eparada Para os per\u00edod<span class=\"_ _1\"></span>os findos em <span class=\"_ _1\"></span>31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2022 e 2021 Valores em Euros<span class=\"_ _1\"></span> Nota 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Resultado l\u00edquido d<span class=\"_ _1\"></span>o per\u00edodo<span class=\"_ _1\"></span> 392.537.070 171.411.455 Itens que pod<span class=\"_ _1\"></span>er\u00e3o ser reclassif<span class=\"_ _1\"></span>icados para a<span class=\"_ _1\"></span> demonstra\u00e7\u00e3o<span class=\"_ _1\"></span> dos resultados<span class=\"_ _45\"></span> Instrumentos finance<span class=\"_ _1\"></span>iros der<span class=\"_ _1\"></span>ivados de cobertura<span class=\"_ _1\"></span> Varia\u00e7\u00f5es no justo <span class=\"_ _1\"></span>valor 8.2 54.623.316 1.430.747 Efeito de imposto<span class=\"_ _1\"></span> 6.2 (15.021.412) (393.456) Outras varia\u00e7\u00f5es<span class=\"_ _1\"></span> nos capitais pr\u00f3<span class=\"_ _1\"></span>prios de empre<span class=\"_ _1\"></span>sas subsidi\u00e1r<span class=\"_ _1\"></span>ias 10.1 28.416.539 (4.354.319) Itens que n\u00e3o pod<span class=\"_ _1\"></span>er\u00e3o ser <span class=\"_ _1\"></span>reclassificados para a<span class=\"_ _1\"></span> demonstra\u00e7<span class=\"_ _1\"></span>\u00e3o dos resultados<span class=\"_ _45\"></span> Remensura\u00e7\u00e3o de Ben<span class=\"_ _1\"></span>ef\u00edcios p\u00f3s<span class=\"_ _1\"></span>-emprego<span class=\"_ _1\"></span> 7.2 (823.821) 277.718 Outros rendimentos<span class=\"_ _1\"></span> integrais<span class=\"_ _1\"></span>   4.838.622<span class=\"ff1 ws16\"> </span>90.332 Total de outro<span class=\"_ _1\"></span>s rendimentos in<span class=\"_ _1\"></span>tegrais l\u00edquidos de<span class=\"_ _1\"></span> imposto<span class=\"_ _1\"></span> 72.033.244<span class=\"ff3 ws11\"> </span>(2.948.977)<span class=\"_ _1\"></span> Total dos rendime<span class=\"_ _1\"></span>ntos integrais<span class=\"_ _1\"></span> 4<span class=\"ff1c\">64.570.314</span><span class=\"ws11\"> </span>168.462.478 As <span class=\"_ _0\"></span>not<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> An<span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>stit<span class=\"_ _0\"></span>uem<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>para<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>. Demonstra\u00e7\u00e3o d<span class=\"_ _1\"></span>a posi\u00e7\u00e3o f<span class=\"_ _1\"></span>inanceira <span class=\"_ _1\"></span>separad<span class=\"_ _1\"></span>a Em 31 de deze<span class=\"_ _1\"></span>mbro de 202<span class=\"_ _1\"></span>2 e 2021 Valores em Euros<span class=\"_ _1\"></span> Nota 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>ATIVO Ativos n\u00e3o corre<span class=\"_ _1\"></span>ntes Ativos fixos tang\u00ed<span class=\"_ _1\"></span>veis 3.1 855.022 908.505 Ativos sob direit<span class=\"_ _1\"></span>o de uso<span class=\"_ _1\"></span> 3.2 2.256.124 2.768.659 Investimentos em<span class=\"_ _1\"></span> subsidi\u00e1rias<span class=\"_ _1\"></span> 10.1 2.093.159.574 1.919.170.450 Investimentos em<span class=\"_ _1\"></span> associadas<span class=\"_ _1\"></span> 45.860 45.824 Valores a receber n\u00e3o<span class=\"_ _1\"></span> correntes<span class=\"_ _1\"></span> 4.2 6.684 6.684 Ativos por imposto<span class=\"_ _1\"></span>s diferidos<span class=\"_ _1\"></span> 6.2 7.074.922 7.243.947 2.103.398.186 1.930.144.069 Ativos corren<span class=\"_ _1\"></span>tes Invent\u00e1rios 4.1 25.927.585 18.548.495 Valores a receber c<span class=\"_ _1\"></span>orrentes 4.2 900.006.340 866.987.969 Imposto sobre o<span class=\"_ _1\"></span> rendimento 6.1 15.341.107 1.118.815 Caixa e equiva<span class=\"_ _1\"></span>lentes de caixa<span class=\"_ _1\"></span> 5.8 390.640.161 354.336.647 1.331.915.193 1.240.991.926 Ativo total 3.435.313.379 3.171.135.995 CAPITAL PR\u00d3P<span class=\"_ _1\"></span>RIO E PASSIV<span class=\"_ _1\"></span>O Capital e reserv<span class=\"_ _1\"></span>as Capital socia<span class=\"_ _1\"></span>l 5.2 500.000.000 500.000.000 Reservas por apli<span class=\"_ _1\"></span>ca\u00e7\u00e3o do MEP<span class=\"_ _1\"></span> 5.5 (405.228.340)<span class=\"_ _1\"></span> (437.672.593)<span class=\"_ _1\"></span> Reserva de justo va<span class=\"_ _1\"></span>lor 5.5 33.997.828 (5.604.076) Reserva lega<span class=\"_ _1\"></span>l 5.5 100.000.000 100.000.000 Outras reservas<span class=\"_ _1\"></span> 5.5 1.103.749 119.458.835 Resultados tran<span class=\"_ _1\"></span>sitados 5.5 63<span class=\"ff1d\">6.999.230</span><span class=\"ws17\"> </span>647.229.733 Resultado l\u00edqu<span class=\"_ _1\"></span>ido do per\u00edodo<span class=\"_ _1\"></span> 392.537.070 171.411.455 Dividendos antec<span class=\"_ _1\"></span>ipados  5.4 - (49.996.170)<span class=\"_ _1\"></span> Total do capital p<span class=\"_ _1\"></span>r\u00f3prio 1.25<span class=\"ff1e\">9.409.537</span><span class=\"ws11\"> </span>1.044.827.184 Passivos n\u00e3o corre<span class=\"_ _1\"></span>ntes<span class=\"_ _1\"></span> Financiamentos<span class=\"_ _1\"></span> obtidos 5.6 613.031.822 688.171.881 Passivos de loca<span class=\"_ _1\"></span>\u00e7\u00e3o 5.7 1.866.759 2.460.807 Responsabilidade<span class=\"_ _1\"></span>s por benef\u00edcios<span class=\"_ _1\"></span> definidos<span class=\"_ _1\"></span> 7.2 400.299 - Passivos por imp<span class=\"_ _1\"></span>ostos diferidos<span class=\"_ _1\"></span> 6.2 13.021.836 197.458 Provis\u00f5es 9.1 18.132.790 18.989.832 646.453.506 709.819.978 Passivos corren<span class=\"_ _1\"></span>tes Financiamentos<span class=\"_ _1\"></span> obtidos 5.6 372.414.631 244.993.753 Passivos de loca<span class=\"_ _1\"></span>\u00e7\u00e3o 5.7 515.211 423.170 Valores a pagar<span class=\"_ _1\"></span> correntes 4.3 1.0<span class=\"ff1d\">48.887.425</span> 1.139.129.433 Imposto sobre o<span class=\"_ _1\"></span> rendimento 6.1 107.633.069 31.942.477 1.5<span class=\"ff1f\">29.450.336</span><span class=\"ws11\"> </span>1.416.488.833 Passivo total<span class=\"_ _1\"></span> 2.1<span class=\"ff1f\">75.903.842</span><span class=\"ws11\"> </span>2.126.308.811 Capital Pr\u00f3pri<span class=\"_ _1\"></span>o e Passivo total<span class=\"_ _1\"></span> 3.435.313.379 3.171.135.995 As<span class=\"ls0\"> n<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Ane<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>emo<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>separ<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as.</span>Demonstra\u00e7\u00e3o d<span class=\"_ _1\"></span>as altera\u00e7\u00f5es<span class=\"_ _1\"></span> nos capitais <span class=\"_ _1\"></span>pr\u00f3prios 31 <span class=\"ls0\">de de<span class=\"_ _1\"></span>zembro de 2022 e<span class=\"_ _1\"></span> 2021 </span>202<span class=\"ls0\">2 </span>Reserva por Resultado Capital A\u00e7\u00f5es aplica\u00e7\u00e3o do Reserva de Reserva Outras Resultados l\u00edquido do Dividendos Valores em Euros Nota social pr\u00f3prias MEP justo valor legal reservas transitados per\u00edodo antecipados Total Capital pr\u00f3prio em  500<span class=\"ls0\">.000.000  </span>-(437.<span class=\"ls76\">672</span>.593) (5<span class=\"ls0\">.604.076) </span>100<span class=\"ls0\">.000.000  </span>119<span class=\"ls0\">.458.835  </span>647<span class=\"ls0\">.229.733  </span>171<span class=\"ls0\">.411.455  </span>(49.996.170) 1.044.827.184  1 de janeiro de 2022 Resultado l\u00edquido do per\u00edodo - - - - - - - 392<span class=\"ls0\">.</span>537<span class=\"ls0\">.070 </span>-392<span class=\"ls0\">.</span>537<span class=\"ls0\">.070</span>Outros rendimentos integrais - - 32<span class=\"ls0\">.</span>444<span class=\"ls0\">.253  </span>39 601.904 - -  <span class=\"ff1\">(</span><span class=\"ls0\">12.913<span class=\"ff1\">)</span></span>- - 72.033.244<span class=\"ff1 ws18\">  </span>(l\u00edquidos de imposto) Total dos rendimentos - - 32<span class=\"ls0\">.444.</span>253 <span class=\"_ _0\"></span><span class=\"ls0\"> </span>39 601 904 - -      <span class=\"ff3\">(</span><span class=\"ls0\">12.913<span class=\"ff3\">)</span></span>392<span class=\"ls0\">.537.070  </span>-<span class=\"ff23\"> </span><span class=\"ls76 ws0\">4<span class=\"ff23 ls0\">64.570.314</span></span>integrais do per\u00edodo Aplica\u00e7\u00e3o do lucro do per\u00edodo 2021: 5.4 -<span class=\"_\"> </span>Dividendos pagos- - - - - - (131.<span class=\"ls49\">632</span>.875) - - (131.<span class=\"ls49\">632</span>.875) -<span class=\"_\"> </span>Aplica\u00e7\u00e3o do resultado l\u00edquido5.4 - - - - - - 132<span class=\"ls0\">.</span>415<span class=\"ls0\">.285 </span>(171.<span class=\"ls49\">411</span>.455) 49<span class=\"ls0\">.</span>996<span class=\"ls0\">.170  </span>11<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>do per\u00edodo anterior-<span class=\"_\"> </span>Gratifica\u00e7\u00f5es de balan\u00e7o - - - - - - (11.<span class=\"ls49\">000</span>.000) - - (11.<span class=\"ls49\">000</span>.000) Distribui\u00e7\u00e3o de reservas5.4 - - - - -(118.<span class=\"ls49\">355</span>.086)- - - (118.<span class=\"ls49\">355</span>.086) Total de transa\u00e7\u00f5es com - - - - -(118.<span class=\"ls76\">355</span>.086) (10.217.590) (171.<span class=\"ls76\">411</span>.455) 49<span class=\"ls0\">.996.</span>170 <span class=\"_ _0\"></span><span class=\"ls0\"> </span>(249.<span class=\"ls76\">987</span>.961) acionistas Capital pr\u00f3prio em  500<span class=\"ls0\">.000.000  </span>-(405.<span class=\"ls76\">228</span>.340) 33<span class=\"ls0\">.997.</span>828 <span class=\"_ _0\"></span><span class=\"ls0\"> </span>100<span class=\"ls0\">.000.000  </span>1.103.749  63<span class=\"ff22 ls0\">6.999.230</span>392<span class=\"ls0\">.537.070  </span>-<span class=\"_\"> </span><span class=\"ws0\">1.25<span class=\"ff25\">9.409.537</span></span>31 de dezembro de 2022 2021<span class=\"ls0\"> </span>Reserva por Resultado Capital A\u00e7\u00f5es aplica\u00e7\u00e3o do Reserva de Reserva Outras Resultados l\u00edquido do Dividendos Valores em Euros Nota social<span class=\"fc4\"> </span>pr\u00f3prias<span class=\"fc4\"> </span>MEP<span class=\"fc4\"> </span>justo valor<span class=\"fc4\"> </span>legal<span class=\"fc4\"> </span>reservas<span class=\"fc4\"> </span>transitados<span class=\"fc4\"> </span>per\u00edodo<span class=\"fc4\"> </span>antecipados Total<span class=\"fc4\"> </span>Capital pr\u00f3prio em 1 de janeiro 500<span class=\"ls0\">.000.000  </span>(20.189.264) (433.<span class=\"ls76\">318</span>.274) (6<span class=\"ls0\">.641.368) </span>100<span class=\"ls0\">.</span>000.<span class=\"_ _0\"></span><span class=\"ls0\">000  </span>264<span class=\"ls0\">.066.381  </span>512<span class=\"ls0\">.795.312  </span>109<span class=\"ls0\">.213.720  </span>-1.025.926.506de 2021 Resultado l\u00edquido do per\u00edodo - - - - - - - 171<span class=\"ls0\">.</span>411<span class=\"ls0\">.455 </span>-171<span class=\"ls0\">.</span>411<span class=\"ls0\">.455</span>Outros rendimentos integrais - - (4<span class=\"ls0\">.<span class=\"ls49\">354</span>.319) </span>1.<span class=\"ls49\">037</span>.292  - - 368<span class=\"ls0\">.</span>050 - - (2<span class=\"ls0\">.<span class=\"ls49\">948</span>.977) </span>(l\u00edquidos de imposto) Total dos rendimentos integrais - - (4<span class=\"ls0\">.354.319) </span>1.037.292  - - 368<span class=\"ls0\">.050  </span>171<span class=\"ls0\">.411.455  </span>-168<span class=\"ls0\">.462.478</span>do per\u00edodo Aplica\u00e7\u00e3o do lucro do per\u00edodo 2020: -<span class=\"_\"> </span>Dividendos pagos5.4 - - - - - - (99.<span class=\"ls49\">565</span>.630) - - (99.<span class=\"ls49\">565</span>.630) -<span class=\"_\"> </span>Aplica\u00e7\u00e3o do resultado l\u00edquido do5.4 - - - - - - 116<span class=\"ls0\">.</span>213<span class=\"ls0\">.720 </span>(109.<span class=\"ls49\">213</span>.720) -7.<span class=\"ls49\">000</span>.000per\u00edodo anterior-<span class=\"_\"> </span>Gratifica\u00e7\u00f5es de balan\u00e7o - - - - - - (7<span class=\"ls0\">.<span class=\"ls49\">000</span>.000) </span>- - (7<span class=\"ls0\">.<span class=\"ls49\">000</span>.000) </span>Transfer\u00eancia de reservas para - - - - -(138.<span class=\"ls49\">290</span>.615)138<span class=\"ls0\">.</span>290<span class=\"ls0\">.615 </span>- - - resultados transitados Incorpora\u00e7\u00e3o de reservas 6.<span class=\"ls49\">316</span>.931  - - - - (6<span class=\"ls0\">.<span class=\"ls49\">316</span>.931) </span>- - - - Extin\u00e7\u00e3o de a\u00e7\u00f5es pr\u00f3prias 5.2 (6<span class=\"ls0\">.<span class=\"ls49\">316</span>.931) </span>20<span class=\"ls0\">.</span>189<span class=\"ls0\">.264  </span>- - - - (13.<span class=\"ls49\">872</span>.333) - - - Dividendos antecipados - - - - - - - - (49.<span class=\"ls49\">996</span>.170) (49.<span class=\"ls49\">996</span>.170) Total de transa\u00e7\u00f5es com -20<span class=\"ls0\">.189.</span>264- - -  (144.<span class=\"ls76\">607</span>.546) 134<span class=\"ls0\">.066.371  </span>(109.<span class=\"ls76\">213</span>.720) (49.996.170) (149.<span class=\"ls76\">561</span>.800) Acionistas Capital pr\u00f3prio em 31 de 500<span class=\"ls0\">.000.000  </span>-(437.<span class=\"ls76\">672</span>.593) (5<span class=\"ls0\">.604.076) </span>100<span class=\"ls0\">.000.000  </span>119<span class=\"ls0\">.458.835  </span>647<span class=\"ls0\">.229.733  </span>171<span class=\"ls0\">.411.455  </span>(49.996.170) 1.044.827.184  dezembro de 2021 As <span class=\"_ _0\"></span>not<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> An<span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>stit<span class=\"_ _0\"></span>uem<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>para<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>.Demonstra\u00e7\u00e3o d<span class=\"_ _1\"></span>os fluxos d<span class=\"_ _1\"></span>e caixa separad<span class=\"_ _1\"></span>a  Para os per\u00edod<span class=\"_ _1\"></span>os findos em 31 <span class=\"_ _1\"></span>de dez<span class=\"_ _1\"></span>embro de <span class=\"_ _1\"></span>2022 e 2021 Valores em Euros<span class=\"_ _1\"></span> Nota 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>ATIVIDADES OPE<span class=\"_ _1\"></span>RACIONAIS<span class=\"_ _1\"></span> Recebimentos de C<span class=\"_ _1\"></span>lientes<span class=\"_ _1\"></span> 3.960.422.577 <span class=\"_ _1\"></span> 2.455.874.053 <span class=\"_ _1\"></span> Pagamentos a Forn<span class=\"_ _1\"></span>ecedores <span class=\"_ _1\"></span> (4.186.123.618<span class=\"_ _1\"></span>) (2.575.275.826<span class=\"_ _1\"></span>) Pagamentos ao pe<span class=\"_ _1\"></span>ssoal  (4.095.315) (7.108.255) Fluxos gerados pe<span class=\"_ _1\"></span>las opera\u00e7\u00f5es <span class=\"_ _1\"></span> (229.796.356)<span class=\"_ _1\"></span> (126.510.028)<span class=\"_ _1\"></span> (Pagamentos)/receb<span class=\"_ _1\"></span>imentos do im<span class=\"_ _1\"></span>posto sobre o rend<span class=\"_ _1\"></span>imento <span class=\"_ _1\"></span> (64.445.158) (19.461.688)<span class=\"_ _1\"></span> Outros (pagamentos<span class=\"_ _1\"></span>)/recebimentos da<span class=\"_ _1\"></span> atividade operac<span class=\"_ _1\"></span>ional <span class=\"_ _1\"></span> 445.117.777 <span class=\"_ _1\"></span> 244.558.651 <span class=\"_ _1\"></span> Fluxos das ativid<span class=\"_ _1\"></span>ades operacio<span class=\"_ _1\"></span>nais (1)<span class=\"_ _1\"></span> 150.876.263 <span class=\"_ _1\"></span> 98.586.935 <span class=\"_ _1\"></span> ATIVIDADES DE I<span class=\"_ _1\"></span>NVESTIMENT<span class=\"_ _1\"></span>O <span class=\"_ _1\"></span> Recebimentos prov<span class=\"_ _1\"></span>enientes d<span class=\"_ _1\"></span>e: Ativos fixos tang\u00ed<span class=\"_ _1\"></span>veis 14.342  -  Ativos intang\u00edve<span class=\"_ _1\"></span>is -  6.636.500 <span class=\"_ _1\"></span> Empr\u00e9stimos a<span class=\"_ _1\"></span> subsidi\u00e1rias<span class=\"_ _1\"></span> 507.014  -  Juros e rendimentos<span class=\"_ _1\"></span> similares <span class=\"_ _1\"></span> 15.278.082 <span class=\"_ _1\"></span> 13.026.983 <span class=\"_ _1\"></span> Dividendos de sub<span class=\"_ _1\"></span>sidi\u00e1rias<span class=\"_ _1\"></span> 10.1 92.799.990 <span class=\"_ _1\"></span> 85.802.502 <span class=\"_ _1\"></span> 108.599.428 <span class=\"_ _1\"></span> 105.465.985 <span class=\"_ _1\"></span> Pagamentos respe<span class=\"_ _1\"></span>itantes a:<span class=\"_ _1\"></span> Investimentos em<span class=\"_ _1\"></span> subsidi\u00e1rias<span class=\"_ _1\"></span> 10.1 (8.909.329) (5.750.000) Empr\u00e9stimos a<span class=\"_ _1\"></span> subsidi\u00e1rias<span class=\"_ _1\"></span> (105.311.036)<span class=\"_ _1\"></span> -  (114.220.365)<span class=\"_ _1\"></span> (5.750.000)<span class=\"_ _1\"></span> Fluxos das ativid<span class=\"_ _1\"></span>ades de invest<span class=\"_ _1\"></span>imento  (2)<span class=\"_ _1\"></span> (5.620.937)<span class=\"_ _1\"></span> 99.715.985 <span class=\"_ _1\"></span> ATIVIDADES DE F<span class=\"_ _1\"></span>INANCIAME<span class=\"_ _1\"></span>NTO  Recebimentos prov<span class=\"_ _1\"></span>enientes d<span class=\"_ _1\"></span>e: Financiamentos<span class=\"_ _1\"></span> obtidos 5.9 430.000.000 <span class=\"_ _1\"></span> 147.500.000 <span class=\"_ _1\"></span> Empr\u00e9stimos a<span class=\"_ _1\"></span> subsidi\u00e1rias<span class=\"_ _1\"></span> 10.2 120.650.000 <span class=\"_ _1\"></span> 666.496.513 <span class=\"_ _1\"></span> 550.650.000 <span class=\"_ _1\"></span> 813.996.513 <span class=\"_ _1\"></span> Pagamentos respe<span class=\"_ _1\"></span>itantes a:<span class=\"_ _1\"></span> Financiamentos<span class=\"_ _1\"></span> obtidos 5.9 (545.218.254)<span class=\"_ _1\"></span> (291.527.778)<span class=\"_ _1\"></span> Amortiza\u00e7\u00e3o de<span class=\"_ _1\"></span> contratos de loca\u00e7<span class=\"_ _1\"></span>\u00e3o 5.7 (591.252) (589.656) Juros e gastos sim<span class=\"_ _1\"></span>ilares (30.443.814) (9.756.483) Distribui\u00e7\u00e3o de <span class=\"_ _1\"></span>dividendos<span class=\"_ _1\"></span> 5.4 (131.632.875)<span class=\"_ _1\"></span> (149.561.800)<span class=\"_ _1\"></span> Distribui\u00e7\u00e3o de re<span class=\"_ _1\"></span>servas 5.4 (118.355.086)<span class=\"_ _1\"></span> -  Empr\u00e9stimos a<span class=\"_ _1\"></span> subsidi\u00e1rias<span class=\"_ _1\"></span> (2.000.000) (633.141.611)<span class=\"_ _1\"></span> (828.241.281)<span class=\"_ _1\"></span> (1.084.577.32<span class=\"_ _1\"></span>8) Fluxos das ativid<span class=\"_ _1\"></span>ades de finan<span class=\"_ _1\"></span>ciamento  (3)<span class=\"_ _45\"></span> (277.591.281)<span class=\"_ _1\"></span> (270.580.815)<span class=\"_ _1\"></span> VARIA\u00c7\u00c3O DE CAI<span class=\"_ _1\"></span>XA E EQUI<span class=\"_ _1\"></span>VALENTES DE CAI<span class=\"_ _1\"></span>XA (1)+(<span class=\"_ _1\"></span>2)+(3)<span class=\"_ _1\"></span> (132.335.955)<span class=\"_ _1\"></span> (72.277.895)<span class=\"_ _1\"></span> Efeito das diferen\u00e7as<span class=\"_ _1\"></span> de c\u00e2mbio<span class=\"_ _1\"></span> 1.075.735 <span class=\"_ _1\"></span> (102.010) CAIXA E EQUIVA<span class=\"_ _1\"></span>LENTES DE C<span class=\"_ _1\"></span>AIXA NO <span class=\"_ _1\"></span>IN\u00cdCIO DO PE<span class=\"_ _1\"></span>R\u00cdODO<span class=\"_ _1\"></span> 5.8 224.561.148 <span class=\"_ _1\"></span> 296.941.052 <span class=\"_ _1\"></span> CAIXA E EQUIVA<span class=\"_ _1\"></span>LENTES DE C<span class=\"_ _1\"></span>AIXA NO FI<span class=\"_ _1\"></span>M DO PER\u00cdODO<span class=\"_ _1\"></span> 5.8 93.300.927 <span class=\"_ _1\"></span> 224.561.148 <span class=\"_ _1\"></span> As <span class=\"_ _0\"></span>not<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> An<span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>stit<span class=\"_ _0\"></span>uem<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>para<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>.<span class=\"ff13 fs5 fc2\"> </span>1.<span class=\"ffd ls0\"> <span class=\"_ _c6\"> </span><span class=\"ff3\">Int<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o </span></span>Na <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>\u00e0s d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span>s, s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> s\u00ed<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>s: Pol\u00edticas contabil\u00edsticas Est<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>s\u00ed<span class=\"_ _0\"></span>mbol<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ivu<span class=\"_ _0\"></span>lga<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ol\u00edt<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>cas <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>peci<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>apli<span class=\"_ _0\"></span>c\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s aos<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>s na <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>Not<span class=\"_ _0\"></span>a. Estimativas e julgamentos contabil\u00edsticos Est<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>s\u00ed<span class=\"_ _0\"></span>mbol<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ivu<span class=\"_ _0\"></span>lga<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>e/o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>jul<span class=\"_ _0\"></span>game<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s it<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>ta. <span class=\"_ _0\"></span>As<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>jul<span class=\"_ _0\"></span>gam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s ma<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fica<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>cado<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>1.6<span class=\"_ _0\"></span>. Refer\u00eancias Est<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>s\u00ed<span class=\"_ _0\"></span>mbol<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span>tra <span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>c\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Rel<span class=\"_ _0\"></span>at\u00f3r<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>tas <span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> \u00e9 apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> it<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>vul<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>. 1.1.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Apre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o </span></span>A T<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny,<span class=\"_ _0\"></span> S.A.<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>a) \u00e9<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ied<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m se<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> Mi<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>, 2<span class=\"_ _0\"></span>901<span class=\"_ _0\"></span>-86<span class=\"_ _0\"></span>1 S<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>\u00faba<span class=\"_ _0\"></span>l, e<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ra-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>YSE<span class=\"_ _0\"></span> Eu<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>nex<span class=\"_ _0\"></span>t <span class=\"_ _0\"></span>Lisb<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ISIN<span class=\"_ _0\"></span> PTP<span class=\"_ _0\"></span>TI0<span class=\"_ _0\"></span>AM0<span class=\"_ _0\"></span>006<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span> Des<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> So<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l:<span class=\"_ _0\"></span> <span class=\"ff1\">The<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Comp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y, <span class=\"_ _0\"></span>S.A.<span class=\"_ _3b\"></span> </span>Se<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>So<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l:<span class=\"ff1\"> <span class=\"_ _0\"></span>Mit<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>na <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> A<span class=\"_ _0\"></span>part<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o 5<span class=\"_ _0\"></span>5 <span class=\"_ _0\"></span>| 29<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>-86<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>Set<span class=\"_ _0\"></span>\u00fab<span class=\"_ _0\"></span>al | <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>gal </span></span></span>For<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> J<span class=\"_ _0\"></span>ur\u00ed<span class=\"_ _0\"></span>dica<span class=\"_ _0\"></span>: <span class=\"_ _0\"></span><span class=\"ff1\">Soc<span class=\"_ _0\"></span>ied<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>\u00f3ni<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> </span>Ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal <span class=\"_ _0\"></span>So<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l:<span class=\"ff1\"> <span class=\"_ _0\"></span><span class=\"ff9\">\u20ac5<span class=\"_ _0\"></span>00.0<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>.<span class=\"ff1\">00<span class=\"_ _0\"></span>0 </span></span></span>N.I<span class=\"_ _0\"></span>.P.<span class=\"_ _0\"></span>C.:<span class=\"_ _0\"></span><span class=\"ff1\"> 50<span class=\"_ _0\"></span>3 <span class=\"_ _0\"></span>025<span class=\"_ _0\"></span> 7<span class=\"_ _0\"></span>98 </span>A N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> a e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>a-<span class=\"_ _0\"></span>m\u00e3e <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r (<span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo)<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>tu\u00ed<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor e<span class=\"_ _0\"></span> Sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e1ria<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nfor<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sent<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> fina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>olid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s. A T<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny,<span class=\"_ _0\"></span> S.A.<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>015<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>a Po<span class=\"_ _0\"></span>rtu<span class=\"_ _0\"></span>cel<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span>), <span class=\"_ _0\"></span>adi<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>igna<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r,<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>uma <span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>apit<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>do p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> nom<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>i co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>titu<span class=\"_ _0\"></span>\u00edd<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m 3<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>1993<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ao a<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>go <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>to-<span class=\"_ _0\"></span>Le<span class=\"_ _0\"></span>i n<span class=\"_ _0\"></span>.\u00ba <span class=\"_ _0\"></span>39/<span class=\"_ _0\"></span>93<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 13<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fe<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ro, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>roce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ree<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>ra\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tuc<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> <span class=\"_ _0\"></span>Empr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>de Ce<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>se </span></span>e <span class=\"_ _0\"></span>Pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span>, E<span class=\"_ _0\"></span>.P.A g<span class=\"_ _0\"></span>\u00e9n<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ualm<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nta <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s 50<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o s\u00e9<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>XX, qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>uip<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e t<span class=\"_ _0\"></span>\u00e9c<span class=\"_ _0\"></span>nicos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a C<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>anh<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ugue<span class=\"_ _0\"></span>sa d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Ce<span class=\"_ _0\"></span>lul<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Ca<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ornou<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s\u00edve<span class=\"_ _0\"></span>l qu<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>mpre<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>und<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>r pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>anq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ucal<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>to a<span class=\"_ _0\"></span>o sul<span class=\"_ _0\"></span>fa<span class=\"_ _0\"></span>to. Em <span class=\"_ _0\"></span>19<span class=\"_ _0\"></span>76<span class=\"_ _0\"></span>, f<span class=\"_ _0\"></span>oi <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>tu\u00edd<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>EP <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ulta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>esso<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>naci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a in<span class=\"_ _0\"></span>d\u00fas<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>elu<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>se q<span class=\"_ _0\"></span>ue,<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ela f<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>CPC <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>nhi<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Cel<span class=\"_ _0\"></span>ulo<span class=\"_ _0\"></span>se,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A.R<span class=\"_ _0\"></span>.L.<span class=\"_ _0\"></span> (C<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>a),<span class=\"_ _0\"></span> So<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>l </span></span>\u2013<span class=\"ff1\"> <span class=\"_ _0\"></span>Soc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> In<span class=\"_ _0\"></span>dus<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Ce<span class=\"_ _0\"></span>lul<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span>R.<span class=\"_ _0\"></span>L. (<span class=\"_ _0\"></span>Se<span class=\"_ _0\"></span>t\u00fab<span class=\"_ _0\"></span>al)<span class=\"_ _0\"></span>, C<span class=\"_ _0\"></span>elt<span class=\"_ _0\"></span>ej<span class=\"_ _0\"></span>o <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> Cel<span class=\"_ _0\"></span>ulo<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Tej<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A.R<span class=\"_ _0\"></span>.L.<span class=\"_ _0\"></span> </span></span></span>(Vi<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span> Ve<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> R\u00f3<span class=\"_ _0\"></span>d\u00e3<span class=\"_ _0\"></span>o),<span class=\"_ _0\"></span> Cel<span class=\"_ _0\"></span>nor<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> Cel<span class=\"_ _0\"></span>ulo<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A.R<span class=\"_ _0\"></span>.L.<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>Via<span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Cas<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>lo)<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> Cel<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>s </span></span>do<span class=\"_ _0\"></span> Gu<span class=\"_ _0\"></span>adi<span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A.<span class=\"_ _0\"></span>R.L<span class=\"_ _0\"></span>. (<span class=\"_ _0\"></span>Mo<span class=\"_ _0\"></span>ur\u00e3<span class=\"_ _0\"></span>o) <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>rou <span class=\"_ _0\"></span>a P<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tuc<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Cel<span class=\"_ _0\"></span>ulo<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>e P<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>e </span></span>Por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>E.P<span class=\"_ _0\"></span>., <span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>nsf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de a<span class=\"_ _0\"></span>n\u00f3n<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>is m<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>tari<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>\u00fabl<span class=\"_ _0\"></span>ico<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o Dec<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>to-<span class=\"_ _0\"></span>Le<span class=\"_ _0\"></span>i n<span class=\"_ _0\"></span>.\u00ba <span class=\"_ _0\"></span>405<span class=\"_ _0\"></span>/9<span class=\"_ _0\"></span>0, d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>21 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o. Pos<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>rme<span class=\"_ _0\"></span>nte<span class=\"_ _3b\"></span>, com<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ultad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a P<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tuc<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> </span></span>Cel<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> Pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ugal<span class=\"_ _0\"></span>, S.<span class=\"_ _0\"></span>A.,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>enom<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ucel<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>S.G<span class=\"_ _0\"></span>.P.S<span class=\"_ _0\"></span>., <span class=\"_ _0\"></span>S.A<span class=\"_ _0\"></span>.,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span>, fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 19<span class=\"_ _0\"></span>93<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>i\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span>, em<span class=\"_ _0\"></span> 3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e mai<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sse <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>abri<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>Dec<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>to-<span class=\"_ _0\"></span>Le<span class=\"_ _0\"></span>i n<span class=\"_ _0\"></span>.\u00ba <span class=\"_ _0\"></span>39/<span class=\"_ _0\"></span>93<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 13 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>reir<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>x-<span class=\"_ _0\"></span>ativo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> du<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>inci<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>sed<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Ca<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>Set<span class=\"_ _0\"></span>\u00fab<span class=\"_ _0\"></span>al. Em <span class=\"_ _0\"></span>19<span class=\"_ _0\"></span>95<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>hav<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ser<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> pri<span class=\"_ _3b\"></span>vatiz<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span>do n<span class=\"_ _0\"></span>o me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>cati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eu c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ital<span class=\"_ _0\"></span>. Com<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>jet<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>rar<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>\u00fas<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Port<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tuc<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>adq<span class=\"_ _0\"></span>uiri<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>a P<span class=\"_ _0\"></span>ap\u00e9<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> Inap<span class=\"_ _0\"></span>a, <span class=\"_ _3b\"></span>S.A. (<span class=\"_ _0\"></span>Se<span class=\"_ _0\"></span>t\u00fab<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>) e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>200<span class=\"_ _0\"></span>0, <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a S<span class=\"_ _0\"></span>opo<span class=\"_ _0\"></span>rce<span class=\"_ _0\"></span>l <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> So<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>eda<span class=\"_ _0\"></span>de P<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tug<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Pap<span class=\"_ _0\"></span>el,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>(Fi<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a </span></span>da <span class=\"_ _0\"></span>Fo<span class=\"_ _0\"></span>z),<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 2<span class=\"_ _0\"></span>001<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Este<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>movi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rat\u00e9<span class=\"_ _0\"></span>gic<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>m de<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>gem<span class=\"_ _0\"></span> ao <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>cel<span class=\"_ _0\"></span> So<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>rce<span class=\"_ _0\"></span>l (a<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po N<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>que <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>atua<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o ma<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>r eu<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>u e<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> mu<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>bra<span class=\"_ _0\"></span>nca<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>alip<span class=\"_ _0\"></span>to e<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>aior<span class=\"_ _3b\"></span> prod<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>opeu<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e pap<span class=\"_ _0\"></span>\u00e9i<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fino<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>os. Em <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>4 o <span class=\"_ _0\"></span>Est<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ugu<span class=\"_ _0\"></span>\u00eas<span class=\"_ _0\"></span> alie<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>anch<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 30<span class=\"_ _0\"></span>% d<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Po<span class=\"_ _0\"></span>rtu<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>l q<span class=\"_ _0\"></span>ue foi<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>dq<span class=\"_ _0\"></span>uiri<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Sema<span class=\"_ _0\"></span>pa <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> la<span class=\"_ _0\"></span>n\u00e7o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> OP<span class=\"_ _0\"></span>A t<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a ass<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po, <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>r,<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>ma p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o cor<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>onde<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a 6<span class=\"_ _0\"></span>7,1%<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a P<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>ucel<span class=\"_ _0\"></span>. Em <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>mbro<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>6, <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Estad<span class=\"_ _0\"></span>o P<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tug<span class=\"_ _0\"></span>u\u00ea<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lui<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span> 3.<span class=\"_ _0\"></span>\u00aa e <span class=\"_ _0\"></span>\u00fal<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>epri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Par<span class=\"_ _0\"></span>p\u00fa<span class=\"_ _0\"></span>blic<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>esce<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>25<span class=\"_ _0\"></span>,72%<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> So<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>edad<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span>  Em <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>07<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po i<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tiu <span class=\"_ _0\"></span>num<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>ova<span class=\"_ _0\"></span> m\u00e1<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l lo<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>l de<span class=\"_ _0\"></span> S<span class=\"_ _0\"></span>et\u00fa<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>l qu<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nici<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ular<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 200<span class=\"_ _0\"></span>9. De <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>09<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>jul<span class=\"_ _0\"></span>ho d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>201<span class=\"_ _0\"></span>5, <span class=\"_ _0\"></span>a So<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>i d<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> mais<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 7<span class=\"_ _0\"></span>5%<span class=\"_ _0\"></span> dir<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ta e<span class=\"_ _0\"></span> ind<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> pel<span class=\"_ _0\"></span>a Sem<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>a <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> So<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Inv<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>est\u00e3<span class=\"_ _0\"></span>o S<span class=\"_ _0\"></span>GPS<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A.<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>clui<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>as)<span class=\"_ _0\"></span>, te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> </span></span>pe<span class=\"_ _0\"></span>rce<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>trol<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> vot<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>duz<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 70<span class=\"_ _0\"></span>% e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>resu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>\u00fabli<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>t\u00ed<span class=\"_ _0\"></span>tulo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>cel p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> t\u00ed<span class=\"_ _0\"></span>tul<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>Sem<span class=\"_ _0\"></span>apa<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>jul<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>15<span class=\"_ _0\"></span>. Em <span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>reir<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>15, <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>trou<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>egm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span><span class=\"ff7\">Tiss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span><span class=\"ff1\">, c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>aqu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> AMS<span class=\"_ _0\"></span>-BR<span class=\"_ _0\"></span> </span></span>Sta<span class=\"_ _0\"></span>r P<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>r,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>(at<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>Tis<span class=\"_ _0\"></span>sue<span class=\"_ _0\"></span> R<span class=\"_ _0\"></span>\u00f3d\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>S.A<span class=\"_ _0\"></span>.),<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>\u00e9m <span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ra uma<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>em V<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>a V<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>R\u00f3d<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u\u00eddo<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dus<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Avei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>agos<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>18<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>\u00e9 op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>a pe<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Tiss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> Av<span class=\"_ _0\"></span>eiro<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span>, se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> mai<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> pro<span class=\"_ _0\"></span>dut<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>rtu<span class=\"_ _0\"></span>gu\u00ea<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e o <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rce<span class=\"_ _0\"></span>iro <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>Pe<span class=\"_ _0\"></span>n\u00edn<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>a Ib<span class=\"_ _0\"></span>\u00e9r<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a cap<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 13<span class=\"_ _0\"></span>0 m<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>nel<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>20 <span class=\"_ _0\"></span>mil<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>nel<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s. Tam<span class=\"_ _0\"></span>b\u00e9<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>201<span class=\"_ _0\"></span>5, <span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>resa <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nou<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>ria <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>Pulp<span class=\"_ _0\"></span> Se<span class=\"_ _0\"></span>t\u00fa<span class=\"_ _0\"></span>bal,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>os ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ndu<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>izad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> na <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> B<span class=\"_ _0\"></span>EKP<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ompl<span class=\"_ _0\"></span>exo<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ustri<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Se<span class=\"_ _0\"></span>t\u00fab<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>. Em <span class=\"_ _0\"></span>6 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fev<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>016<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ent<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>uce<span class=\"_ _0\"></span>lSo<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>cel<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>orpo<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>a par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>The<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>y. E<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>ova<span class=\"_ _0\"></span> id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rpor<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>uni<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esas<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> hi<span class=\"_ _0\"></span>st\u00f3<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 6<span class=\"_ _0\"></span>0 a<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dend<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dar<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma i<span class=\"_ _0\"></span>mag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ais m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>na e <span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tiva<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o. Na <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>a P<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tuc<span class=\"_ _0\"></span>el,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>mud<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00e3o s<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>ap\u00f3<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> Ass<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>eia <span class=\"_ _0\"></span>Ger<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> 19<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> abr<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>16<span class=\"_ _0\"></span>, par<span class=\"_ _0\"></span>a T<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>mpan<span class=\"_ _0\"></span>y, <span class=\"_ _0\"></span>S.A<span class=\"_ _0\"></span>. Ain<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>c\u00edci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>201<span class=\"_ _0\"></span>6 a <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> efe<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pit<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>p\u00e9c<span class=\"_ _0\"></span>ie <span class=\"_ _0\"></span>na so<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>eda<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Ene<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ulp<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> Co<span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o E<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>g\u00e9t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a P<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span>, m<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntra<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>de </span></span>ge<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ergi<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>art<span class=\"_ _0\"></span>ir <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>bio<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>cali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>lex<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>Se<span class=\"_ _0\"></span>t\u00faba<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>e Ave<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> ten<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ig<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> efe<span class=\"_ _0\"></span>tuad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> esp<span class=\"_ _0\"></span>\u00e9ci<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>cied<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Par<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>Ind<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>, S.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>\u00e9s <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ter<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> edi<span class=\"_ _0\"></span>f\u00edc<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>stri<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> sit<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>os em<span class=\"_ _0\"></span> Av<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>\u00fabal<span class=\"_ _0\"></span>. Em <span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> jan<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>17, <span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>u a <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> as <span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pape<span class=\"_ _0\"></span>l,<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> cel<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>\u00f3si<span class=\"_ _0\"></span>ca e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> <span class=\"ff7\">tis<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e<span class=\"ff1\"> d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>o-s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>stri<span class=\"_ _0\"></span>bui<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rupo<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Des<span class=\"_ _0\"></span>ta f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma,<span class=\"_ _0\"></span> </span></span>tor<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>u-<span class=\"_ _0\"></span>se r<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rin<span class=\"_ _0\"></span>cipa<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> exp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>es n<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e mai<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> para<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ono<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al. A p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>017<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cen<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odut<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>assar<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>excl<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> \u00e0 N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>dut<span class=\"_ _0\"></span>oras<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>al\u00e9<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>\u00e1 <span class=\"_ _0\"></span>vinh<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>lv<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span>A p<span class=\"_ _0\"></span>arti<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ja<span class=\"_ _0\"></span>nei<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>018<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for\u00e7<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> ess<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>a ati<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntra<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>tivi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xte<span class=\"_ _0\"></span>rior<span class=\"_ _3b\"></span> e ab<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>teci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o da<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utor<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>\u00e9r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span>-pri<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>s u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>esso<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>vo. Tam<span class=\"_ _0\"></span>b\u00e9<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>201<span class=\"_ _0\"></span>7, <span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>emo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ord<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>as IFR<span class=\"_ _0\"></span>S <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> N<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span> Int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Rel<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro. </span></span>Ass<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ir <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 201<span class=\"_ _0\"></span>7 e<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om r<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>or\u00e7<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>8, <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Empr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>onc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ua ati<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>iali<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utos<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>rod<span class=\"_ _3b\"></span>utos in<span class=\"_ _0\"></span>dus<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>, b<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>pres<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>rvi<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>dmi<span class=\"_ _0\"></span>nist<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>st\u00e3o<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di\u00e1r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span>, e <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>st\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>as. <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a ge<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>arca<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>x-<span class=\"_ _0\"></span>Pap\u00e9<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>Inap<span class=\"_ _0\"></span>a, <span class=\"_ _3b\"></span>S.A., <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>uga<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> efe<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ed\u00ea<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>. A p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>pal<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iste<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rodu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>ess\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _3b\"></span> escri<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>\u00e9s<span class=\"_ _0\"></span>tico<span class=\"_ _0\"></span>, b<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rial<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> tod<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sde<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tig<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>vim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>\u00e0 p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o f<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>deir<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>du\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>bra<span class=\"_ _0\"></span>nq<span class=\"_ _0\"></span>uea<span class=\"_ _0\"></span>da de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>uca<span class=\"_ _0\"></span>lip<span class=\"_ _0\"></span>to <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a B<span class=\"_ _0\"></span>EKP<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> e <span class=\"_ _0\"></span>prod<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>erg<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>t\u00e9r<span class=\"_ _0\"></span>mica<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>\u00e9tr<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>, b<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span> </span></span></span></span>com<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o.Uma<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> det<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>hada<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> ra<span class=\"_ _0\"></span>mo d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>g\u00f3c<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>a-<span class=\"_ _0\"></span>se di<span class=\"_ _0\"></span>vul<span class=\"_ _0\"></span>gad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 2<span class=\"_ _0\"></span>.1 <span class=\"_ _0\"></span><span class=\"ff15\">\u2013<span class=\"ff7\"> R<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>o po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s. </span></span>A N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>clu\u00ed<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>\u00edme<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Sem<span class=\"_ _0\"></span>apa<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> So<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> </span></span>Ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>SGP<span class=\"_ _0\"></span>S, <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa-<span class=\"_ _0\"></span>m\u00e3e<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Sod<span class=\"_ _0\"></span>im <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> <span class=\"_ _0\"></span>SGPS<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A.,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ador<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>l. </span></span>1.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Impa<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nf<span class=\"_ _3b\"></span>lito <span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>lit<span class=\"_ _0\"></span>ar </span></span>na<span class=\"_ _0\"></span> Uc<span class=\"_ _0\"></span>r\u00e2<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>a Em <span class=\"_ _0\"></span>21<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e fe<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2, <span class=\"_ _0\"></span>a Fe<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> R<span class=\"_ _0\"></span>uss<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>ceu<span class=\"_ _0\"></span> of<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>alme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dua<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>\u00fabli<span class=\"_ _0\"></span>cas se<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>les<span class=\"_ _0\"></span>te d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Ucr<span class=\"_ _0\"></span>\u00e2ni<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ou o<span class=\"_ _0\"></span> us<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>lit<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> ter<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t\u00f3r<span class=\"_ _0\"></span>io. E<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>24 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fe<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>reir<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>opa<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> inv<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>a U<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>\u00e2nia <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>u-se<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>fli<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>mili<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r g<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>raliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o ne<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>a\u00eds,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> tem<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>cado<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>riai<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> h<span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>uz<span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esl<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s ma<span class=\"ls0\">ssi<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ula\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span>  </span>Em <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>osta<span class=\"_ _0\"></span>, m<span class=\"_ _0\"></span>\u00fal<span class=\"_ _0\"></span>tipl<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>di\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>onde<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>ui, <span class=\"_ _0\"></span>a U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>\u00e3o E<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>opei<span class=\"_ _0\"></span>a,<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>ino<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>Su\u00ed\u00e7a<span class=\"_ _0\"></span>, Est<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>Uni<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Am<span class=\"_ _0\"></span>\u00e9ri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>, Can<span class=\"_ _0\"></span>ad\u00e1<span class=\"_ _0\"></span>, J<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a Au<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>r\u00e1l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>este<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onfl<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ini<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>m a a<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e di<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rsa<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>an\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>\u00f3mi<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>R\u00fa<span class=\"_ _0\"></span>ssia<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a di<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rso<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> seu<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>age<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>con\u00f3<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> e,<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>vez<span class=\"_ _0\"></span>es,<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>Biel<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>\u00fas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>a. Po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>, a <span class=\"_ _0\"></span>R\u00fa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>a in<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ou u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>ia\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>b\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>as ec<span class=\"_ _0\"></span>on\u00f3<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as l<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a R\u00fa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>apar<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s rus<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span>. A m<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>an\u00e7<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>acr<span class=\"_ _0\"></span>oec<span class=\"_ _0\"></span>on\u00f3<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>eop<span class=\"_ _0\"></span>ol\u00ed<span class=\"_ _0\"></span>tico<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>urop<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>lit<span class=\"_ _0\"></span>o aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tou<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>tez<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> glob<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>o-<span class=\"_ _0\"></span>se \u00e0<span class=\"_ _0\"></span>: <span class=\"_ _0\"></span>i) <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>usp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s\u00e3o <span class=\"_ _0\"></span>e/<span class=\"_ _0\"></span>ou di<span class=\"_ _0\"></span>sr<span class=\"_ _0\"></span>up\u00e7\u00e3<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> neg<span class=\"_ _0\"></span>\u00f3c<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> sed<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u de<span class=\"_ _0\"></span> or<span class=\"_ _0\"></span>ige<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>R\u00fa<span class=\"_ _0\"></span>ssia<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> Uc<span class=\"_ _0\"></span>r\u00e2ni<span class=\"_ _0\"></span>a;<span class=\"_ _0\"></span> ii<span class=\"_ _0\"></span>) au<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>re\u00e7<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span><span class=\"ff7\">comm<span class=\"_ _0\"></span>odi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"ff1\">, <span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>al\u00e7<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mbu<span class=\"_ _0\"></span>st\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>\u00f3s<span class=\"_ _0\"></span>sei<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>os m<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>cere<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s; i<span class=\"_ _0\"></span>ii<span class=\"_ _0\"></span>) </span></span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>tez<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n\u00f3mi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> gl<span class=\"_ _0\"></span>oba<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> esp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>atil<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> c\u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>axas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>la\u00e7\u00e3<span class=\"_ _0\"></span>o<span class=\"ls10\">. </span>E<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>forne<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gia,<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>abas<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>cime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>mat\u00e9<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>s-<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> ou <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>eio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>log\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntin<span class=\"_ _0\"></span>uar<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nomi<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>glo<span class=\"_ _0\"></span>bal<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>cul<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> norm<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> fun<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> eur<span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s. Con<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>nun<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>r\u00e7o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>sus<span class=\"_ _0\"></span>pen<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>us pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>s no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> R\u00fass<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Bie<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>r\u00fa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>t\u00e1 <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>har<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tori<span class=\"_ _0\"></span>zar con<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ua\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ao n<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>afi<span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> e e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>toda <span class=\"_ _0\"></span>a cad<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>nec<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> des<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>aba<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> made<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>at\u00e9ri<span class=\"_ _0\"></span>as-<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> </span></span>sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>luin<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uest<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de l<span class=\"_ _0\"></span>og\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ca)<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>nos <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>vi\u00e7<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> t\u00e9<span class=\"_ _0\"></span>cni<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>apo<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>stad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>geir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>nos <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>rvi<span class=\"_ _3b\"></span>\u00e7o e<span class=\"_ _0\"></span>m re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>me <span class=\"_ _0\"></span>de o<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>sou<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span>  A N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e1 ce<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue, <span class=\"_ _0\"></span>fac<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a R<span class=\"_ _0\"></span>\u00fas<span class=\"_ _0\"></span>sia<span class=\"_ _0\"></span> e U<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>\u00e2ni<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span><span class=\"ls15\">a </span>Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>enta<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 1% <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>r\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> 0%<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 20<span class=\"ls16\">22</span>,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> o f<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rcad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> a cad<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>nec<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xpo<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dire<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>os m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>Uc<span class=\"_ _0\"></span>r\u00e2n<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>e R<span class=\"_ _0\"></span>\u00fas<span class=\"_ _0\"></span>sia <span class=\"_ _0\"></span><span class=\"ls12\">\u00e9 </span>in<span class=\"_ _0\"></span>\u00f3cu<span class=\"_ _0\"></span>a. Ape<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to g<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>liza<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>agi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>cond<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>sua po<span class=\"_ _0\"></span>l\u00edt<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> neg<span class=\"_ _0\"></span>\u00f3c<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>egui<span class=\"_ _0\"></span>u c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nsar<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>siva<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>av\u00e9s<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e u<span class=\"_ _0\"></span>ma po<span class=\"_ _0\"></span>l\u00edt<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>ns\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>justa<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>\u00e7os <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stra<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ficaz<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>m com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>duti<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>us a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>dus<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> efi<span class=\"_ _0\"></span>ci\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>at\u00e9ri<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>-p<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>as e<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>as. A N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>sar <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a pe<span class=\"_ _0\"></span>rf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ixa<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ecor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>fli<span class=\"_ _0\"></span>to m<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r n<span class=\"_ _0\"></span>a U<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>\u00e2nia<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> ao <span class=\"_ _0\"></span>n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as e<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>ulga<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tabi<span class=\"_ _0\"></span>l\u00eds<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>levan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata o<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>supo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nside<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s pe<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>nsel<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Ad<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>istr<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>nifi<span class=\"_ _0\"></span>cat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>. Rec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Go<span class=\"_ _0\"></span>odw<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>l A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa a<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ou s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>stiam<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpac<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a gu<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Ucr<span class=\"_ _0\"></span>\u00e2n<span class=\"_ _0\"></span>ia,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tuai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>nas <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>sci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>PIB <span class=\"_ _0\"></span>e da <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ugal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>o F<span class=\"_ _0\"></span>MI e<span class=\"_ _0\"></span> B<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> pod<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>iam<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ndici<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>a ex<span class=\"_ _0\"></span>ist\u00ea<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do G<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>dwi<span class=\"_ _0\"></span>ll. <span class=\"_ _0\"></span>N\u00e3o<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>am i<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ficad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>d\u00edc<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> o Goo<span class=\"_ _0\"></span>dw<span class=\"_ _0\"></span>ill,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>tind<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>olga <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ace<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>l\u00eds<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>uni<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e cai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>(n<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>0.1<span class=\"_ _0\"></span>). Rec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>, vi<span class=\"_ _3b\"></span>da \u00fat<span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>depr<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis Ten<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>o gl<span class=\"_ _0\"></span>obal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>WF,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>da p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> fol<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos,<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>stem<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>d\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>t\u00eanc<span class=\"_ _0\"></span>ia d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fixos<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span>.  Pr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os a<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa a<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>u a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> apl<span class=\"_ _0\"></span>ic\u00e1<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>l a<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>f\u00edc<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>egad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>nef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> p\u00f3<span class=\"_ _0\"></span>s-e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span>A d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>\u00e9cni<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>) b<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>eia-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> cur<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>tabi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e (<span class=\"_ _0\"></span><span class=\"ff7\">yie<span class=\"_ _0\"></span>ld<span class=\"ff1\">)<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> </span></span>ob<span class=\"_ _0\"></span>rig<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> <span class=\"ff7\">r<span class=\"_ _0\"></span>atin<span class=\"_ _0\"></span>g<span class=\"ff1\"> <span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>uri<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>as </span></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>o. D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>rent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stud<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>atua<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>1 de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>uali<span class=\"_ _0\"></span>zou<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> 3,<span class=\"_ _0\"></span>5%,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m l<span class=\"_ _0\"></span>inh<span class=\"_ _0\"></span>a co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>as tax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>. \u00c9 <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta<span class=\"lsd\">da</span> n<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 7<span class=\"_ _0\"></span>.2 <span class=\"_ _0\"></span>uma <span class=\"_ _0\"></span>an\u00e1<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e q<span class=\"_ _0\"></span>ue pe<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ntu<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>to. Inv<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s Fac<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u00e0s <span class=\"_ _0\"></span>mar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ns <span class=\"_ _0\"></span>pra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>era <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> a 3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>z\u00e1v<span class=\"_ _0\"></span>el l<span class=\"_ _0\"></span>\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>seu<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>\u00e9 s<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>il\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>. Rec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> de <span class=\"_ _3b\"></span>saldo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Cli<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ros <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> a r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ebe<span class=\"_ _0\"></span>r As <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>mpli<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o na<span class=\"_ _0\"></span> IFR<span class=\"_ _0\"></span>S 9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>espe<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> \u00e0<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>. N<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>IFR<span class=\"_ _0\"></span>S 9<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>finan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>olid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ider<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>as s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ou d<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>riz<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s. Ain<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a pe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>r\u00e9d<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>impa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span>s em<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s os<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>amo<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span>Ne<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span>xpo<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e cr<span class=\"_ _0\"></span>\u00e9d<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>ntu<span class=\"_ _0\"></span>al i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n\u00f3mi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>s fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>conc<span class=\"_ _0\"></span>lu\u00ed<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mpo<span class=\"_ _0\"></span>nen<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>do. Li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>dez A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a si<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>iqu<span class=\"_ _0\"></span>idez<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>t\u00e1ve<span class=\"_ _0\"></span>l,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>do fr<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e uma<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>cri<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>fund<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>anei<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>n\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>mo d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>pla<span class=\"_ _0\"></span>nea<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>ama <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> <span class=\"ff7\">co<span class=\"_ _0\"></span>nfir<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ng<span class=\"ff1\"> <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tende<span class=\"_ _0\"></span>r o<span class=\"_ _0\"></span>s </span></span>pr<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>m,<span class=\"_ _0\"></span> tod<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>ia,<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpac<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s F<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>nec<span class=\"_ _0\"></span>edo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s. 1.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Even<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es </span></span>1.3.1.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Aqu<span class=\"_ _1\"></span>isi\u00e7\u00e3o de neg\u00f3cio<span class=\"_ _1\"></span> de co<span class=\"_ _1\"></span>nsumer tissue<span class=\"_ _1\"></span> em Espanha<span class=\"_ _1\"></span> </span>O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>form<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zou<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pra<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ven<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>senta<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> tot<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al s<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>da G<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>\u00e0-<span class=\"_ _0\"></span>Camp<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>sum<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>S.L.<span class=\"_ _0\"></span>U.,<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> Sar<span class=\"_ _0\"></span>ago<span class=\"_ _0\"></span>\u00e7a,<span class=\"_ _0\"></span> Es<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>nha<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>z d<span class=\"_ _0\"></span>et\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>alid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> soc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a G<span class=\"_ _0\"></span>om\u00e0<span class=\"_ _0\"></span>-Ca<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>s Fr<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>AS, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Cast<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> Fr<span class=\"_ _0\"></span>an\u00e7<span class=\"_ _0\"></span>a (<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>onj<span class=\"_ _0\"></span>unt<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>esi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>or \u201cG<span class=\"_ _0\"></span>C Con<span class=\"_ _0\"></span>sum<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u201d)<span class=\"_ _0\"></span>.<span class=\"ff1\"> </span>A a<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a G<span class=\"_ _0\"></span>C Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>umer<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tou<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e to<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>5,6<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>lh\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>nq<span class=\"_ _0\"></span>uadr<span class=\"_ _0\"></span>a-s<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>plan<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>oso<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fica<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r.<span class=\"_ _0\"></span> A <span class=\"_ _0\"></span>inte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta n<span class=\"_ _0\"></span>ova<span class=\"_ _0\"></span> f\u00e1<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>erm<span class=\"_ _0\"></span>itir<span class=\"_ _0\"></span>\u00e1 a<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>sici<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ar-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo o<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gun<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> mai<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utor<span class=\"_ _0\"></span> ib<span class=\"_ _0\"></span>\u00e9ri<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ssue<span class=\"_ _0\"></span><span class=\"ff1\">, <span class=\"_ _0\"></span>adi<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> 35.<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>0 t<span class=\"_ _0\"></span>one<span class=\"_ _0\"></span>lad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> </span></span>anu<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span><span class=\"ff1\">, qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pass<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m t<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>65.0<span class=\"_ _0\"></span>00 <span class=\"_ _0\"></span>ton<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>anu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>, e <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a </span></span>cap<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff7\">c<span class=\"_ _0\"></span>onve<span class=\"_ _0\"></span>rtin<span class=\"_ _0\"></span>g<span class=\"ff1\"> <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 60<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0 t<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>elad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>sam<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>m p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a 18<span class=\"_ _0\"></span>0.0<span class=\"_ _0\"></span>00 </span></span>ton<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>anu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>. O <span class=\"ff7 ls0\">Ent<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>Va<span class=\"_ _0\"></span>lue<span class=\"_ _0\"></span><span class=\"ff1\"> <span class=\"ff9\">de<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>cend<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a \u20ac<span class=\"_ _0\"></span> 85<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ilh\u00f5e<span class=\"_ _0\"></span>s.<span class=\"ff1\"> </span></span></span></span>1.4.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Bas<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>epa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o </span></span>1.4.1.<span class=\"ls0\"> <span class=\"_ _64\"> </span>Autoriza\u00e7\u00e3o par<span class=\"_ _1\"></span>a emiss\u00e3o das demo<span class=\"_ _1\"></span>nstra\u00e7\u00f5es fi<span class=\"_ _1\"></span>nanceiras<span class=\"_ _1\"></span><span class=\"ff1 fsa fc6\"> </span></span>As <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>sel<span class=\"_ _0\"></span>ho d<span class=\"_ _0\"></span>e Adm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aut<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>16 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>mar<span class=\"_ _0\"></span>\u00e7o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>023 <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>do, <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>tant<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a suj<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span>sem<span class=\"_ _0\"></span>ble<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> Ge<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> A<span class=\"_ _0\"></span>cion<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tas,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a le<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l em<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>gor<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>al. Os <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>elho<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>Ad<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>nam<span class=\"_ _0\"></span> o p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>at\u00f3<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>clar<span class=\"_ _0\"></span>am q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>, tan<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>seu <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhec<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to,<span class=\"_ _0\"></span> a i<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>nel<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>abor<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m con<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>age<span class=\"_ _0\"></span>m v<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> e d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> sit<span class=\"_ _0\"></span>ua\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>. 1.4.2<span class=\"ls0\"> <span class=\"_ _4e\"> </span>Referencial c<span class=\"_ _1\"></span>ontabil\u00edstico<span class=\"_ _1\"></span> </span>As <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edod<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>find<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> dez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022 <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> No<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>Inte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Rel<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>o F<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>o (IF<span class=\"_ _0\"></span>RS)<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>gor<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 1<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ja<span class=\"_ _0\"></span>neir<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>form<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>Eur<span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>. 1.<span class=\"ls0\">4.3. Moeda<span class=\"_ _1\"></span> de apresenta\u00e7\u00e3o <span class=\"_ _1\"></span>e transa\u00e7\u00f5es em<span class=\"_ _1\"></span> moeda difere<span class=\"_ _1\"></span>nte da </span>moeda de apres<span class=\"_ _1\"></span>enta\u00e7\u00e3o<span class=\"_ _1\"></span><span class=\"ff1\"> </span>Os <span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu\u00ed<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s Se<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>a mo<span class=\"_ _0\"></span>eda<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n\u00f3mi<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue a<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a (<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>unci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l).<span class=\"_ _0\"></span> As <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tram<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>apre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s em<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ndo e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a a mo<span class=\"_ _0\"></span>eda<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>unc<span class=\"_ _0\"></span>iona<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>. As <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>oed<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>nsp<span class=\"_ _0\"></span>ost<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>cion<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o as <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c\u00e2<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a da<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>(No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>8.<span class=\"_ _0\"></span>1.1)<span class=\"_ _0\"></span>. As <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c\u00e2<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> orig<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntre<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>axas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>c\u00e2m<span class=\"_ _0\"></span>bio<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>gor<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>gent<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>an\u00e7<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>gam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u \u00e0<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>da de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>finan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>epar<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gista<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> (No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>5.<span class=\"_ _0\"></span>10)<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ubri<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span>s S<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>sidi<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>stos<span class=\"_ _0\"></span> us<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o as <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c\u00e2<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> Qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ce,<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uand<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span> cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>roc<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>trap<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>nef\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>am,<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>spos<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>o c\u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>per\u00ed<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> As <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>as com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ores<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>m re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sep<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>da d<span class=\"_ _0\"></span>o Cap<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>Pr\u00f3<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>Outr<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>Not<span class=\"_ _0\"></span>a 5<span class=\"_ _0\"></span>.5)<span class=\"_ _0\"></span>. Taxas de c\u00e2mbio utilizadas Valoriz<span class=\"_ _1\"></span>a\u00e7\u00e3o / 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>21<span class=\"ls0\"> </span>(desvaloriza\u00e7\u00e3o)<span class=\"_ _1\"></span> GBP (Libra e<span class=\"_ _1\"></span>sterlina) C\u00e2mbio m\u00e9d<span class=\"_ _1\"></span>io do exerc\u00edcio<span class=\"_ _1\"></span> 0,85 0,86 0,79% C\u00e2mbio de fim <span class=\"_ _1\"></span>do exerc\u00edcio<span class=\"_ _1\"></span> 0,89 0,84 -5,55%USD (D\u00f3lar a<span class=\"_ _1\"></span>mericano) C\u00e2mbio m\u00e9d<span class=\"_ _1\"></span>io do exerc\u00edcio<span class=\"_ _1\"></span> 1,05 1,18 10,99% C\u00e2mbio de fim <span class=\"_ _1\"></span>do exerc\u00edcio<span class=\"_ _1\"></span> 1,07 1,13 5,83% PLN (Zloti polaco)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9d<span class=\"_ _1\"></span>io do exerc\u00edcio<span class=\"_ _1\"></span> 4,69 4,57 -2,66%C\u00e2mbio de fim <span class=\"_ _1\"></span>do exerc\u00edcio<span class=\"_ _1\"></span> 4,68 4,60 -1,83%SEK (Coroa sueca)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9d<span class=\"_ _1\"></span>io do exerc\u00edcio<span class=\"_ _1\"></span> 10,63 10,15 -4,77%C\u00e2mbio de fim <span class=\"_ _1\"></span>do exerc\u00edcio<span class=\"_ _1\"></span> 11,12 10,25 -8,50%CZK (Coroa checa)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9d<span class=\"_ _1\"></span>io do exerc\u00edcio<span class=\"_ _1\"></span> 24,57 25,64 4,19% C\u00e2mbio de fim <span class=\"_ _1\"></span>do exerc\u00edcio<span class=\"_ _1\"></span> 24,12 24,86 2,98% CHF (Franco s<span class=\"_ _1\"></span>u\u00ed\u00e7o) C\u00e2mbio m\u00e9d<span class=\"_ _1\"></span>io do exerc\u00edcio<span class=\"_ _1\"></span> 1,00 1,08 7,08% C\u00e2mbio de fim <span class=\"_ _1\"></span>do exerc\u00edcio<span class=\"_ _1\"></span> 0,98 1,03 4,68% DKK (Coroa d<span class=\"_ _1\"></span>inamarquesa)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9d<span class=\"_ _1\"></span>io do exerc\u00edcio<span class=\"_ _1\"></span> 7,44 7,44 -0,03%C\u00e2mbio de fim <span class=\"_ _1\"></span>do exerc\u00edcio<span class=\"_ _1\"></span> 7,44 7,44 0,00%MZM (Metical <span class=\"_ _1\"></span>mo\u00e7ambica<span class=\"_ _1\"></span>no) C\u00e2mbio m\u00e9d<span class=\"_ _1\"></span>io do exerc\u00edcio<span class=\"_ _1\"></span> 67,20 77,75 13,56% C\u00e2mbio de fim <span class=\"_ _1\"></span>do exerc\u00edcio<span class=\"_ _1\"></span> 68,18 78,09 12,69% MAD (Dirham <span class=\"_ _1\"></span>m<span class=\"lsaa\">arro</span>quino)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9d<span class=\"_ _1\"></span>io do exerc\u00edcio<span class=\"_ _1\"></span> 10,69 10,67 -0,12%C\u00e2mbio de fim <span class=\"_ _1\"></span>do exerc\u00edcio<span class=\"_ _1\"></span> 11,16 10,52 -6,11%NOK (Coroa n<span class=\"ls7b\">or<span class=\"_ _1\"></span><span class=\"ls79\">ue</span></span>guesa)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9d<span class=\"_ _1\"></span>io do exerc\u00edcio<span class=\"_ _1\"></span> 10,10 10,16 0,59% C\u00e2mbio de fim <span class=\"_ _1\"></span>do exerc\u00edcio<span class=\"_ _1\"></span> 10,51 9,99 -5,26%MXN (Peso <span class=\"_ _1\"></span>mexicano) C\u00e2mbio m\u00e9d<span class=\"_ _1\"></span>io do exerc\u00edcio<span class=\"_ _1\"></span> 21,18 23,99 11,70% C\u00e2mbio de fim <span class=\"_ _1\"></span>do exerc\u00edcio<span class=\"_ _1\"></span> 20,86 23,14 9,89% AED (<span class=\"lsab\">Di</span>rha<span class=\"_ _1\"></span>m dos Emirados)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9d<span class=\"_ _1\"></span>io do exerc\u00edcio<span class=\"_ _1\"></span> 3,87 4,34 10,92% C\u00e2mbio de fim <span class=\"_ _1\"></span>do exerc\u00edcio<span class=\"_ _1\"></span> 3,92 4,16 5,83% CAD (D\u00f3lar ca<span class=\"_ _1\"></span>nadiano)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9d<span class=\"_ _1\"></span>io do exerc\u00edcio<span class=\"_ _1\"></span> 1,37 1,48 7,64% C\u00e2mbio de fi<span class=\"_ _1\"></span>m do exerc\u00edcio<span class=\"_ _1\"></span> 1,44 1,44 -0,33%ZAR (Rand sul-a<span class=\"_ _1\"></span>fricano)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9d<span class=\"_ _1\"></span>io do exerc\u00edcio<span class=\"_ _1\"></span> 17,21 17,48 1,54% C\u00e2mbio de fim <span class=\"_ _1\"></span>do exerc\u00edcio<span class=\"_ _1\"></span> 18,10 18,06 -0,20%BRL (Real b<span class=\"_ _1\"></span>rasileiro) C\u00e2mbio m\u00e9d<span class=\"_ _1\"></span>io do exerc\u00edcio<span class=\"_ _1\"></span> 5,44 6,38 14,74% C\u00e2mbio de fim <span class=\"_ _1\"></span>do exerc\u00edcio<span class=\"_ _1\"></span> 5,64 6,31 10,64% EGP (Lib<span class=\"_ _1\"></span>ra eg\u00edpcia) C\u00e2mbio m\u00e9d<span class=\"_ _1\"></span>io do exerc\u00edcio<span class=\"_ _1\"></span> 20,18 18,55 -8,81%C\u00e2mbio de fim <span class=\"_ _1\"></span>do exerc\u00edcio<span class=\"_ _1\"></span> 26,31 17,82 -47,63%TRY (Lira turca)<span class=\"_ _1\"></span> C\u00e2mbio m\u00e9d<span class=\"_ _1\"></span>io do exerc\u00edcio<span class=\"_ _1\"></span> 17,42 10,51 -65,68%C\u00e2mbio de fim <span class=\"_ _1\"></span>do exerc\u00edcio<span class=\"_ _1\"></span> 19,96 15,23 -31,06%1.<span class=\"ls0\">4.4. Bases de<span class=\"_ _1\"></span> mensura\u00e7\u00e3o<span class=\"_ _1\"></span> </span>As <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ane<span class=\"_ _0\"></span>xa<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>am p<span class=\"_ _0\"></span>rep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>nui<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>era\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>art<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s li<span class=\"_ _0\"></span>vro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>\u00eds<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>, e tom<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>his<span class=\"_ _0\"></span>t\u00f3<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>co, <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>ceto<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>urado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>v\u00e9<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ro r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ndime<span class=\"_ _3b\"></span>nto i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>gral<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>Not<span class=\"_ _0\"></span>a 8.3<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>quai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>se i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>(No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>8.<span class=\"_ _0\"></span>2). 1.<span class=\"ls0\">4.5. Compara<span class=\"_ _1\"></span>bilidade<span class=\"_ _1\"></span> </span>As <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m t<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>os o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>us <span class=\"_ _0\"></span>aspe<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s mat<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>.1.5.<span class=\"ffd ls0\"> <span class=\"_ _48\"> </span><span class=\"ff3\">No<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>as IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s </span></span>e a<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r  1.<span class=\"ls0\">5.1. Outras no<span class=\"_ _1\"></span>rmas, altera\u00e7\u00f5<span class=\"_ _1\"></span>es e interpre<span class=\"_ _1\"></span>ta\u00e7\u00f5es adotadas<span class=\"_ _1\"></span> ou<span class=\"_ _1\"></span> a adotar </span>Normas, altera\u00e7\u00f5es e interpreta\u00e7\u00f5es adotad<span class=\"_ _0\"></span>as em 2022<span class=\"_ _1\"></span> Sem<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nstra<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras Data  Altera\u00e7\u00e3o de apli<span class=\"_ _1\"></span>ca\u00e7\u00e3o Normas e altera\u00e7\u00f5es endossadas pela Uni\u00e3o Europeia Refer\u00eancias \u00e0 Estrutura Em <span class=\"ff9\">maio de 2020,<span class=\"_ _1\"></span> o IASB emit<span class=\"_ _1\"></span>iu \u201cRefer\u00eancias \u00e0 Estrutu<span class=\"_ _1\"></span>ra Conceptua<span class=\"_ _1\"></span>l\u201d, alterando a </span>1 de janeiro de 2<span class=\"_ _1\"></span><span class=\"ls24\">022</span> Conceptual (a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es  IFRS 3 Concentra\u00e7\u00e3<span class=\"_ _1\"></span>o de Neg\u00f3cios.<span class=\"_ _1\"></span> \u00e0 IFRS 3) As altera\u00e7\u00f5es atua<span class=\"_ _1\"></span>lizaram a IFRS 3, sub<span class=\"_ _1\"></span>stituindo a<span class=\"_ _1\"></span> refer\u00eancia a uma vers\u00e3<span class=\"_ _1\"></span>o antiga da Estrutura Conceptua<span class=\"_ _1\"></span>l por uma refe<span class=\"_ _1\"></span>r\u00eancia \u00e0 vers\u00e3o<span class=\"_ _1\"></span> mais recent<span class=\"_ _1\"></span>e, que fo<span class=\"_ _1\"></span>i emitida em mar\u00e7o de 2018.<span class=\"_ _1\"></span> As altera\u00e7\u00f5es de<span class=\"_ _1\"></span>vem ser aplicadas<span class=\"_ _1\"></span> a concentra\u00e7\u00f5es <span class=\"_ _1\"></span>de neg\u00f3cios para<span class=\"_ _1\"></span> as quais a data de aquisi\u00e7\u00e3o \u00e9 no<span class=\"_ _1\"></span> ou ap\u00f3s o in\u00edc<span class=\"_ _1\"></span>io do primeiro per<span class=\"_ _1\"></span>\u00edodo de relat\u00f3r<span class=\"_ _1\"></span>io anual com in\u00edc<span class=\"_ _1\"></span>io em ou ap\u00f3s 1 de jane<span class=\"_ _1\"></span>iro de 2022. <span class=\"_ _1\"></span> Ativos fixos tang\u00ed<span class=\"_ _1\"></span>veis - Em maio de 2020,<span class=\"_ _1\"></span> o IASB emit<span class=\"_ _1\"></span>iu \u201cAtivos fixos tang<span class=\"_ _1\"></span>\u00edveis <span class=\"_ _1\"></span><span class=\"ff1\">- Receitas a<span class=\"_ _1\"></span>ntes do Uso </span>1 de janeiro de 2022<span class=\"_ _1\"></span> Receitas antes do u<span class=\"_ _1\"></span>so Pretendido\u201d, que<span class=\"_ _1\"></span> alterou a IAS 16 <span class=\"_ _1\"></span>Ativos fixos tang\u00edve<span class=\"_ _1\"></span>is.<span class=\"_ _1\"></span><span class=\"ff1\"> </span>pretendido, a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es  As altera\u00e7\u00f5es pr<span class=\"_ _1\"></span>o\u00edbem a dedu\u00e7\u00e3o <span class=\"_ _1\"></span>ao custo de um ite<span class=\"_ _1\"></span>m do<span class=\"_ _1\"></span> ativo fixo tang\u00edve<span class=\"_ _1\"></span>l, de \u00e0 IAS 16 Ativos fi<span class=\"_ _1\"></span>xos qualquer rece<span class=\"_ _1\"></span>ita da venda de <span class=\"_ _1\"></span>itens produzidos ao<span class=\"_ _1\"></span> trazer esse ati<span class=\"_ _1\"></span>vo para o local e tang\u00edveis condi\u00e7\u00e3o necess\u00e1r<span class=\"_ _1\"></span>ios para que sej<span class=\"_ _1\"></span>a capaz de operar<span class=\"_ _1\"></span> da forma preten<span class=\"_ _1\"></span>dida pela administra\u00e7\u00e3o. E<span class=\"_ _1\"></span>m vez disso,<span class=\"_ _1\"></span> a entidade dever<span class=\"_ _1\"></span>\u00e1 reconhecer em resu<span class=\"_ _1\"></span>ltados essas receitas de vendas<span class=\"_ _1\"></span>. As altera\u00e7\u00f5es de<span class=\"_ _1\"></span>vem ser aplicadas<span class=\"_ _1\"></span> para per\u00edodos anua<span class=\"_ _1\"></span>is inic<span class=\"_ _1\"></span>iados em ou ap\u00f3s 1<span class=\"_ _1\"></span> de janeiro de 2022.<span class=\"_ _1\"></span> Contratos Onerosos<span class=\"_ _1\"></span> - Custo Em maio de <span class=\"ff9\">2020,<span class=\"_ _1\"></span> o IASB em<span class=\"_ _1\"></span>itiu \u201cContratos Onero<span class=\"_ _1\"></span>sos </span>- Cu<span class=\"_ _1\"></span>sto de cumpr<span class=\"_ _1\"></span>ir um 1 de janeiro de 2022<span class=\"_ _1\"></span> de cumprir um contrat<span class=\"_ _1\"></span>o contrato\u201d, que a<span class=\"_ _1\"></span>lterou a IAS 37 Pr<span class=\"_ _1\"></span>ovis\u00f5es, Pass<span class=\"_ _1\"></span>ivos Contingentes e <span class=\"_ _1\"></span>Ativos Contingentes.<span class=\"_ _1\"></span> O objetivo das a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es \u00e9 o de esc<span class=\"_ _1\"></span>larecer os requis<span class=\"_ _1\"></span>itos da IAS 37 s<span class=\"_ _1\"></span>obre contratos onerosos no que d<span class=\"_ _1\"></span>iz respeito \u00e0<span class=\"_ _1\"></span> avalia\u00e7\u00e3o se, nu<span class=\"_ _1\"></span>m contrato, os cust<span class=\"_ _1\"></span>os inevit\u00e1<span class=\"_ _1\"></span>veis de cumprir as obri<span class=\"_ _1\"></span>ga\u00e7\u00f5es decorrente<span class=\"_ _1\"></span>s do contrato e<span class=\"_ _1\"></span>xcedem os benef<span class=\"_ _1\"></span>\u00edcios econ\u00f3micos que se esperam rece<span class=\"_ _1\"></span>ber do mesmo.<span class=\"_ _1\"></span> As altera\u00e7\u00f5e<span class=\"_ _1\"></span>s devem ser a<span class=\"_ _1\"></span>plicadas para per<span class=\"_ _1\"></span>\u00edodos anuais iniciados<span class=\"_ _1\"></span> em ou ap\u00f3s 1 de<span class=\"_ _1\"></span> jane<span class=\"_ _1\"></span>iro de 2022.<span class=\"_ _1\"></span> Melhoramentos d<span class=\"_ _1\"></span>o ciclo Em 14 de maio de<span class=\"_ _1\"></span> 2020, o IASB em<span class=\"_ _1\"></span>itiu melhoramen<span class=\"_ _1\"></span>tos \u00e0s normas I<span class=\"_ _1\"></span>FRS 2018<span class=\"_ _1\"></span><span class=\"ff9\">\u2013</span>2020 1 de janeiro de 2022<span class=\"_ _1\"></span> 2018<span class=\"ls0\">-</span>2020<span class=\"ls0\"> </span>contendo as segu<span class=\"_ _1\"></span>intes altera\u00e7\u00f5es <span class=\"_ _1\"></span>\u00e0s IFRSs:<span class=\"_ _1\"></span> (a) permitir que u<span class=\"_ _1\"></span>ma entidade, en<span class=\"_ _1\"></span>quanto subsid<span class=\"_ _1\"></span>i\u00e1ria, associada<span class=\"_ _1\"></span> ou<span class=\"_ _1\"></span> joint venture, que<span class=\"_ _1\"></span> adota as IFRS pela<span class=\"_ _1\"></span> primeira vez<span class=\"_ _1\"></span> depois da sua contr<span class=\"_ _1\"></span>oladora e opta<span class=\"_ _1\"></span> por aplicar o par\u00e1grafo D16 (a<span class=\"_ _1\"></span>) da IFRS 1 Ado\u00e7<span class=\"_ _1\"></span>\u00e3o pela Prime<span class=\"_ _1\"></span>ira Vez das Norma<span class=\"_ _1\"></span>s Internacionai<span class=\"_ _1\"></span>s de Relat\u00f3rio Finance<span class=\"_ _1\"></span>iro, possa mensu<span class=\"_ _1\"></span>rar as diferen\u00e7as<span class=\"_ _1\"></span> de convers\u00e3o cu<span class=\"_ _1\"></span>mulativa<span class=\"_ _1\"></span>s usan<span class=\"_ _1\"></span>do os valores relatado<span class=\"_ _1\"></span>s pela contro<span class=\"_ _1\"></span>ladora, com base<span class=\"_ _1\"></span> na respetiva data <span class=\"_ _1\"></span>de transi\u00e7\u00e3o para as IFRS; (b) esclarecer que a<span class=\"_ _1\"></span> refer\u00eancia \u00e0s ta<span class=\"_ _1\"></span>xas no teste de 10 p<span class=\"_ _1\"></span>or cento inclui apen<span class=\"_ _1\"></span>as taxas pagas ou receb<span class=\"_ _1\"></span>idas entre o mutu\u00e1r<span class=\"_ _1\"></span>io e o credor, inc<span class=\"_ _1\"></span>luindo taxas pag<span class=\"_ _1\"></span>as ou<span class=\"_ _1\"></span> recebidas pelo mutu\u00e1r<span class=\"_ _1\"></span>io ou pelo credor em<span class=\"_ _1\"></span> nome do outro (IFRS 9<span class=\"_ _1\"></span>); (c) remover a confus\u00e3<span class=\"_ _1\"></span>o potencial <span class=\"_ _1\"></span>em rela\u00e7\u00e3o ao trata<span class=\"_ _1\"></span>mento de ince<span class=\"_ _1\"></span>ntivos de loca\u00e7\u00e3o<span class=\"_ _1\"></span> aplicando a IFRS<span class=\"_ _1\"></span> 16 Loca\u00e7\u00f5es, con<span class=\"_ _1\"></span>forme ilustrado n<span class=\"_ _1\"></span>o Exemplo I<span class=\"_ _1\"></span>lustrativo 13 que acompanha a IF<span class=\"_ _1\"></span>RS 16; e (d) remover o requ<span class=\"_ _1\"></span>isito do par\u00e1grafo 22 d<span class=\"_ _1\"></span>a IAS 41 Agr<span class=\"_ _1\"></span>icultura para que<span class=\"_ _1\"></span> as entidades excluam fluxos <span class=\"_ _1\"></span>de caixa para tr<span class=\"_ _1\"></span>ibuta\u00e7\u00e3o ao mensurar <span class=\"_ _1\"></span>o justo valor a<span class=\"_ _1\"></span>plicando a IAS 41.<span class=\"ls0\"> </span>As altera\u00e7\u00f5es ser\u00e3o<span class=\"_ _1\"></span> aplicadas para<span class=\"_ _1\"></span> per\u00edodos anuais que<span class=\"_ _1\"></span> iniciem e<span class=\"_ _1\"></span>m ou ap\u00f3s 1 de janeiro de 2022.<span class=\"_ _1\"></span> Normas, altera\u00e7\u00f5es e interpreta\u00e7\u00f5es a adotar<span class=\"_ _0\"></span> em per\u00edodos posteriores<span class=\"_ _1\"></span> Data  Altera\u00e7\u00e3o de apli<span class=\"_ _1\"></span>ca\u00e7\u00e3o Normas e altera\u00e7\u00f5es endossadas pela Uni\u00e3o Euro<span class=\"_ _0\"></span>peia <span class=\"_ _1\"></span> que o Grupo optou pela n\u00e3o aplica\u00e7\u00e3o<span class=\"_ _0\"></span> a<span class=\"_ _1\"></span>ntecipada<span class=\"fc7\"> </span>Divulga\u00e7\u00e3o de p<span class=\"_ _1\"></span>ol\u00edticas Na sequ\u00eancia de feed<span class=\"_ _1\"></span>back obtido sobre<span class=\"_ _1\"></span> a necessidade de<span class=\"_ _1\"></span> existir ma<span class=\"_ _1\"></span>is orienta\u00e7\u00e3o que 1 <span class=\"_ _0\"></span>de j<span class=\"_ _0\"></span>anei<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>23 contabil\u00edst<span class=\"_ _1\"></span>icas (altera\u00e7\u00f5es ajude as empresas a<span class=\"_ _1\"></span> decidir <span class=\"_ _1\"></span>sobre que infor<span class=\"_ _1\"></span>ma\u00e7\u00e3o divulgar re<span class=\"_ _1\"></span>lativamente<span class=\"_ _1\"></span> \u00e0s pol\u00edticas \u00e0 IAS 1 <span class=\"ff9\">\u2013</span> Apresenta<span class=\"_ _1\"></span>\u00e7\u00e3o contabil\u00edst<span class=\"_ _1\"></span>icas, o IASB emitiu, em<span class=\"_ _1\"></span> 12 de fevereiro <span class=\"_ _1\"></span>de 2021, altera\u00e7<span class=\"_ _1\"></span>\u00f5es \u00e0 IAS 1 <span class=\"_ _1\"></span><span class=\"ff9\">\u2013</span> das demonstra\u00e7\u00f5e<span class=\"_ _1\"></span>s Apresenta\u00e7\u00e3o das<span class=\"_ _1\"></span> demonstra\u00e7\u00f5es <span class=\"_ _1\"></span>financeiras e \u00e0 <span class=\"_ _1\"></span>IFRS Practice State<span class=\"_ _1\"></span>ment 2 <span class=\"_ _1\"></span><span class=\"ff9\">\u2013</span> Fazend<span class=\"_ _1\"></span>o financeiras e IFRS<span class=\"_ _1\"></span> Practice julgamentos de<span class=\"_ _1\"></span> materialidade. <span class=\"_ _1\"></span> Statement 2) As<span class=\"ls0\"> principais a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es \u00e0 IAS 1 <span class=\"_ _1\"></span>incluem: i) exig<span class=\"_ _1\"></span>ir que as entida<span class=\"_ _1\"></span>des divulguem<span class=\"_ _1\"></span> </span>informa\u00e7\u00e3o re<span class=\"_ _1\"></span>lativa a pol\u00edticas <span class=\"_ _1\"></span>contabil\u00edst<span class=\"_ _1\"></span>icas materiais em vez<span class=\"_ _1\"></span> de pol\u00edticas contabil\u00edst<span class=\"_ _1\"></span>icas significativas, <span class=\"_ _1\"></span>ii) esclarecer que a<span class=\"_ _1\"></span>s pol\u00edticas contab<span class=\"_ _1\"></span>il\u00edsticas re<span class=\"_ _1\"></span>lacionadas com transa\u00e7\u00f5es<span class=\"_ _1\"></span> imateriais s\u00e3o<span class=\"_ _1\"></span> igualmente <span class=\"_ _1\"></span>imateriais e como<span class=\"_ _1\"></span> tal n\u00e3o precisa<span class=\"_ _1\"></span>m de ser divulgadas e <span class=\"_ _1\"></span>iii) esclarecer que ne<span class=\"_ _1\"></span>m todas as p<span class=\"_ _1\"></span>ol\u00edticas contab<span class=\"_ _1\"></span>il\u00edsticas relac<span class=\"_ _1\"></span>ionadas com transa\u00e7\u00f5es mater<span class=\"_ _1\"></span>iais s\u00e3o, elas me<span class=\"_ _1\"></span>smas, mater<span class=\"_ _1\"></span>iais para as demonstr<span class=\"_ _1\"></span>a\u00e7\u00f5es finance<span class=\"_ _1\"></span>iras de uma entidade. <span class=\"_ _1\"></span> O IASB tamb\u00e9m a<span class=\"_ _1\"></span>lterou a IFRS Pr<span class=\"_ _1\"></span>actice Statement<span class=\"_ _1\"></span> 2 para inclu<span class=\"_ _1\"></span>ir orienta\u00e7\u00f5es e do<span class=\"_ _1\"></span>is exemplos adici<span class=\"_ _1\"></span>onais na aplica\u00e7\u00e3<span class=\"_ _1\"></span>o de materialidade<span class=\"_ _1\"></span> \u00e0s divulga\u00e7\u00f5es<span class=\"_ _1\"></span> de pol\u00edticas contabil\u00edst<span class=\"_ _1\"></span>icas. Estas altera\u00e7\u00f5es <span class=\"_ _1\"></span>s\u00e3o consistentes<span class=\"_ _1\"></span> com a defini\u00e7\u00e3<span class=\"_ _1\"></span>o revista de mater<span class=\"_ _1\"></span>ial:<span class=\"_ _1\"></span>  \u201cA informa\u00e7\u00e3o re<span class=\"_ _1\"></span>lativa a pol\u00edt<span class=\"_ _1\"></span>icas contabi<span class=\"_ _1\"></span>l\u00edsticas \u00e9 materia<span class=\"_ _1\"></span>l se, quando cons<span class=\"_ _1\"></span>iderada em conjunto com outras<span class=\"_ _1\"></span> informa\u00e7\u00f5es <span class=\"_ _1\"></span>inclu\u00eddas nas de<span class=\"_ _1\"></span>monstra\u00e7\u00f5es f<span class=\"_ _1\"></span>inanceiras de uma entidade, \u00e9 razoa<span class=\"_ _1\"></span>velmente esperado que<span class=\"_ _1\"></span> influencie as de<span class=\"_ _1\"></span>cis\u00f5es que os pr<span class=\"_ _1\"></span>incipais utilizadores da<span class=\"_ _1\"></span>s demonstra\u00e7\u00f5e<span class=\"_ _1\"></span>s financeiras de<span class=\"_ _1\"></span> uma forma gera<span class=\"_ _1\"></span>l tomem com base nessas demonstra\u00e7<span class=\"_ _1\"></span>\u00f5es financeiras.\u201d<span class=\"_ _1\"></span><span class=\"ff1\"> </span>As altera\u00e7\u00f5es entram<span class=\"_ _1\"></span> em vigor a par<span class=\"_ _1\"></span>tir de 1 de janeiro de 2<span class=\"_ _1\"></span>023, mas<span class=\"_ _1\"></span> a sua aplica\u00e7\u00e3o antecipada \u00e9 perm<span class=\"_ _1\"></span>itida. Altera\u00e7\u00f5es \u00e0 IAS 8<span class=\"_ _1\"></span> O IASB emit<span class=\"_ _1\"></span>iu altera\u00e7\u00f5es \u00e0 IAS 8 <span class=\"_ _1\"></span>Pol\u00edticas Contab<span class=\"_ _1\"></span>il\u00edsticas, Altera\u00e7<span class=\"_ _1\"></span>\u00f5es nas Estimat<span class=\"_ _1\"></span>ivas 1 de janeiro de 20<span class=\"_ _1\"></span>23 Pol\u00edticas Contab<span class=\"_ _1\"></span>il\u00edsticas, Contabil\u00edstica<span class=\"_ _1\"></span>s e Erros para c<span class=\"_ _1\"></span>larificar como as<span class=\"_ _1\"></span> ent<span class=\"_ _1\"></span>idades devem<span class=\"_ _1\"></span> distinguir as a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es Altera\u00e7\u00f5es nas Est<span class=\"_ _1\"></span>imativas nas pol\u00edticas conta<span class=\"_ _1\"></span>bil\u00edsticas da<span class=\"_ _1\"></span>s altera\u00e7\u00f5es nas est<span class=\"_ _1\"></span>imativas contab<span class=\"_ _1\"></span>il\u00edsticas,<span class=\"_ _1\"></span> com foco Contabil\u00edstica<span class=\"_ _1\"></span>s e Erros: principal na de<span class=\"_ _1\"></span>fini\u00e7\u00e3o e esclarec<span class=\"_ _1\"></span>imentos sobre as est<span class=\"_ _1\"></span>imativas contab<span class=\"_ _1\"></span>il\u00edsticas.<span class=\"_ _45\"></span> Defini\u00e7\u00e3o de Esti<span class=\"_ _1\"></span>mativas As altera\u00e7\u00f5es intro<span class=\"_ _1\"></span>duzem uma n<span class=\"_ _1\"></span>ova defini\u00e7\u00e3o para e<span class=\"_ _1\"></span>stimat<span class=\"_ _1\"></span>ivas contabil\u00ed<span class=\"_ _1\"></span>sticas: Contabil\u00edstica<span class=\"_ _1\"></span>s clarificando que<span class=\"_ _1\"></span> s\u00e3o valores monet<span class=\"_ _1\"></span>\u00e1rios nas de<span class=\"_ _1\"></span>monstra\u00e7\u00f5es f<span class=\"_ _1\"></span>inanceiras que est\u00e3o<span class=\"_ _1\"></span> sujeitos \u00e0 incerteza<span class=\"_ _1\"></span> de mensura\u00e7\u00e3<span class=\"_ _1\"></span>o.<span class=\"_ _1\"></span> As altera\u00e7\u00f5es ta<span class=\"_ _1\"></span>mb\u00e9m clarificam<span class=\"_ _1\"></span> a rela\u00e7\u00e3o entr<span class=\"_ _1\"></span>e as pol\u00edticas contab<span class=\"_ _1\"></span>il\u00edsticas<span class=\"_ _1\"></span> e as estimativas contab<span class=\"_ _1\"></span>il\u00edsticas, e<span class=\"_ _1\"></span>specif<span class=\"_ _1\"></span>icando que uma ent<span class=\"_ _1\"></span>idade desenvo<span class=\"_ _1\"></span>lve uma estimat<span class=\"_ _1\"></span>iva contabil\u00edst<span class=\"_ _1\"></span>ica para atingir o obje<span class=\"_ _1\"></span>tivo estabeleci<span class=\"_ _1\"></span>do por uma po<span class=\"_ _1\"></span>l\u00edtica contabil\u00edst<span class=\"_ _1\"></span>ica. Os efeitos das a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es em tais dados <span class=\"_ _1\"></span>ou t\u00e9cnicas de men<span class=\"_ _1\"></span>sura\u00e7\u00e3o s\u00e3o a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es nas estimativas contab<span class=\"_ _1\"></span>il\u00edsticas.<span class=\"_ _1\"></span> As altera\u00e7\u00f5es s\u00e3<span class=\"_ _1\"></span>o efetivas para<span class=\"_ _1\"></span> per\u00edodos co<span class=\"_ _1\"></span>m in\u00edcio e<span class=\"_ _1\"></span>m ou ap\u00f3s 1 de<span class=\"_ _1\"></span> janeiro de 2023,<span class=\"_ _1\"></span> com aplica\u00e7\u00e3o antec<span class=\"_ _1\"></span>ipada permit<span class=\"_ _1\"></span>ida, e ser\u00e3o ap<span class=\"_ _1\"></span>licadas prospect<span class=\"_ _1\"></span>ivamente<span class=\"_ _1\"></span> \u00e0s altera\u00e7\u00f5es nas estimativas <span class=\"_ _1\"></span>contabil\u00edstica<span class=\"_ _1\"></span>s e altera\u00e7\u00f5es nas po<span class=\"_ _1\"></span>l\u00edticas contab<span class=\"_ _1\"></span>il\u00edsticas ocorr<span class=\"_ _1\"></span>idas no<span class=\"_ _1\"></span> ou ap\u00f3s o in\u00edcio d<span class=\"_ _1\"></span>o primeiro per<span class=\"_ _1\"></span>\u00edodo de relat\u00f3ri<span class=\"_ _1\"></span>o anual ao qua<span class=\"_ _1\"></span>l a entidade apl<span class=\"_ _1\"></span>ica as altera\u00e7\u00f5es.<span class=\"_ _1\"></span> Altera\u00e7\u00f5es \u00e0 IAS 1<span class=\"_ _1\"></span>2: O IASB emit<span class=\"_ _1\"></span>iu altera\u00e7\u00f5es \u00e0 IAS<span class=\"_ _1\"></span> 12 - 'Impo<span class=\"_ _1\"></span>stos sobre o Rend<span class=\"_ _1\"></span>imento', em 7<span class=\"_ _1\"></span> de maio de 1 de janeiro de 20<span class=\"_ _1\"></span>23 imposto diferido<span class=\"_ _1\"></span> 2021.<span class=\"ls0\"> </span>relacionado com<span class=\"_ _1\"></span> ativos e As altera\u00e7\u00f5es exi<span class=\"_ _1\"></span>gem que as empr<span class=\"_ _1\"></span>esas reconhe\u00e7am<span class=\"_ _1\"></span> impostos difer<span class=\"_ _1\"></span>idos sobre as passivos decorren<span class=\"_ _1\"></span>tes de transa\u00e7\u00f5es que, no rec<span class=\"_ _1\"></span>onhecimento <span class=\"_ _1\"></span>inicial, d\u00e3o or<span class=\"_ _1\"></span>igem a montantes <span class=\"_ _1\"></span>iguais de uma \u00fanica transa<span class=\"_ _1\"></span>\u00e7\u00e3o diferen\u00e7as tempor\u00e1r<span class=\"_ _1\"></span>ias tribut\u00e1ve<span class=\"_ _1\"></span>is e dedut<span class=\"_ _1\"></span>\u00edveis.  Em determinadas<span class=\"_ _1\"></span> circunst\u00e2ncias, <span class=\"_ _1\"></span>as empresas est\u00e3o <span class=\"_ _1\"></span>isentas de reco<span class=\"_ _1\"></span>nhecer impostos diferidos quando<span class=\"_ _1\"></span> reconhecem ati<span class=\"_ _1\"></span>vos ou passivos <span class=\"_ _1\"></span>pela prime<span class=\"_ _1\"></span>ira vez. Anter<span class=\"_ _1\"></span>iormente, havia alguma<span class=\"_ _1\"></span> incerteza sobre se a<span class=\"_ _1\"></span> isen\u00e7\u00e3o se<span class=\"_ _1\"></span> aplicava a transa<span class=\"_ _1\"></span>\u00e7\u00f5es como loca<span class=\"_ _1\"></span>\u00e7\u00f5es e provis\u00f5es para de<span class=\"_ _1\"></span>smantelamento,<span class=\"_ _1\"></span> isto \u00e9, transa\u00e7\u00f5e<span class=\"_ _1\"></span>s no \u00e2mbito das<span class=\"_ _1\"></span> quais as empre<span class=\"_ _1\"></span>sas reconhecem um at<span class=\"_ _1\"></span>ivo e um pass<span class=\"_ _1\"></span>ivo. As altera\u00e7\u00f5es esc<span class=\"_ _1\"></span>larecem que a <span class=\"_ _1\"></span>isen\u00e7\u00e3o n\u00e3o se aplica a este tipo<span class=\"_ _1\"></span> de transa\u00e7\u00f5es e <span class=\"_ _1\"></span>que as empresas <span class=\"_ _1\"></span>s\u00e3o obrigadas a<span class=\"_ _1\"></span> reconhecer impostos d<span class=\"_ _1\"></span>iferidos. O objet<span class=\"_ _1\"></span>ivo das altera\u00e7\u00f5es \u00e9 redu<span class=\"_ _1\"></span>zir a divers<span class=\"_ _1\"></span>idade na divul<span class=\"_ _1\"></span>ga\u00e7\u00e3o de impostos d<span class=\"_ _1\"></span>iferidos sobre loca\u00e7\u00f5es<span class=\"_ _1\"></span> e provis\u00f5es para<span class=\"_ _1\"></span> desmantelament<span class=\"_ _1\"></span>o.<span class=\"_ _1\"></span> As altera\u00e7\u00f5es entram<span class=\"_ _1\"></span> em vigor par<span class=\"_ _1\"></span>a os per\u00edodos anua<span class=\"_ _1\"></span>is com in\u00edci<span class=\"_ _1\"></span>o em ou ap\u00f3s 1 de<span class=\"_ _1\"></span> janeiro de 202<span class=\"_ _1\"></span>3. A aplica\u00e7\u00e3o<span class=\"_ _1\"></span> antecipada \u00e9<span class=\"_ _1\"></span> permitida.<span class=\"_ _1\"></span> Data  Altera\u00e7\u00e3o de apli<span class=\"_ _1\"></span>ca\u00e7\u00e3o IFRS 17 <span class=\"ff9\">\u2013</span> Contrat<span class=\"_ _1\"></span>os  O IASB emit<span class=\"_ _1\"></span>iu em 18 de maio de<span class=\"_ _1\"></span> 2017 uma norma<span class=\"_ _1\"></span> que veio subst<span class=\"_ _1\"></span>ituir a IFRS 4 e 1 de janeiro de 20<span class=\"_ _1\"></span>23 de Seguros reformar por comp<span class=\"_ _1\"></span>leto o tratamen<span class=\"_ _1\"></span>to a dar aos contrat<span class=\"_ _1\"></span>os de seguro.<span class=\"_ _1\"></span> A norma introdu<span class=\"_ _1\"></span>z altera\u00e7\u00f5es sign<span class=\"_ _1\"></span>ificativas \u00e0<span class=\"_ _1\"></span> forma como \u00e9 mensurad<span class=\"_ _1\"></span>o e apresentada<span class=\"_ _1\"></span> a performance<span class=\"_ _1\"></span> dos contratos de seguro<span class=\"_ _1\"></span> com diversos <span class=\"_ _1\"></span>impactos tamb\u00e9m ao<span class=\"_ _1\"></span> n\u00edvel da po<span class=\"_ _1\"></span>si\u00e7\u00e3o finance<span class=\"_ _1\"></span>ira. A norma prev\u00ea a sua<span class=\"_ _1\"></span> aplica\u00e7\u00e3o para<span class=\"_ _1\"></span> os exerc\u00edcios que<span class=\"_ _1\"></span> se iniciem em<span class=\"_ _1\"></span> ou ap\u00f3s 1 de jane<span class=\"_ _1\"></span>iro de 2023. Altera\u00e7\u00f5es \u00e0 IFRS<span class=\"_ _1\"></span> 17 <span class=\"ff9\">\u2013</span> O IASB emit<span class=\"_ _1\"></span>iu uma altera\u00e7\u00e3o a<span class=\"_ _1\"></span>o \u00e2mbito dos requ<span class=\"_ _1\"></span>isitos de trans<span class=\"_ _1\"></span>i\u00e7\u00e3o da IFRS 17 <span class=\"_ _1\"></span><span class=\"ff9\">\u2013</span> 1 de janeiro de 20<span class=\"_ _1\"></span>23 Contratos de Seguros<span class=\"_ _1\"></span>: Contratos de Seguro,<span class=\"_ _1\"></span> proporciona<span class=\"_ _1\"></span>ndo \u00e0s seguradora<span class=\"_ _1\"></span>s uma op\u00e7\u00e3o co<span class=\"_ _1\"></span>m o objetivo de aplica\u00e7\u00e3o inic<span class=\"_ _1\"></span>ial da IFRS melhorar a ut<span class=\"_ _1\"></span>ilidade das informa<span class=\"_ _1\"></span>\u00e7\u00f5es para os <span class=\"_ _1\"></span>Investidore<span class=\"_ _1\"></span>s na aplica<span class=\"_ _1\"></span>\u00e7\u00e3o inicia<span class=\"_ _1\"></span>l da nova 17 e IFRS 9 <span class=\"ff9\">\u2013</span> Inf<span class=\"_ _1\"></span>orma\u00e7\u00e3o norma. comparativa A IFRS 17, inc<span class=\"_ _1\"></span>luindo esta altera<span class=\"_ _1\"></span>\u00e7\u00e3o, \u00e9 efeti<span class=\"_ _1\"></span>va para os per<span class=\"_ _1\"></span>\u00edodos de relato anua<span class=\"_ _1\"></span>is com in\u00edcio em ou ap\u00f3s<span class=\"_ _1\"></span> 1 de janeiro de <span class=\"_ _1\"></span>2023.<span class=\"_ _1\"></span> Normas e altera\u00e7\u00f5es ainda n\u00e3o<span class=\"_ _0\"></span> endossadas pela Uni\u00e3o Europeia<span class=\"_ _1\"></span><span class=\"fc4\"> </span>Clarifica\u00e7\u00e3o <span class=\"_ _1\"></span> O IASB emit<span class=\"_ _1\"></span>iu, em 23 de janeiro <span class=\"_ _1\"></span>de 2020, uma<span class=\"_ _1\"></span> altera\u00e7\u00e3o \u00e0 IAS 1<span class=\"_ _1\"></span> Apresenta\u00e7\u00e3o da<span class=\"_ _1\"></span>s 1 de janeiro de 2024<span class=\"_ _1\"></span> dos requisitos <span class=\"_ _1\"></span> Demonstra\u00e7\u00f5es F<span class=\"_ _1\"></span>inanceiras para c<span class=\"_ _1\"></span>larificar como cla<span class=\"_ _1\"></span>ssificar d\u00edvida e <span class=\"_ _1\"></span>outros passivo<span class=\"_ _1\"></span>s de classifica\u00e7\u00e3o de<span class=\"_ _1\"></span> como corrente e n\u00e3<span class=\"_ _1\"></span>o corrente.<span class=\"_ _1\"></span> passivos como <span class=\"_ _1\"></span>corrente ou As altera\u00e7\u00f5es esclar<span class=\"_ _1\"></span>ecem um crit\u00e9<span class=\"_ _1\"></span>rio da IAS 1 para c<span class=\"_ _1\"></span>lassificar um<span class=\"_ _1\"></span> passivo como n\u00e3o<span class=\"_ _1\"></span> n\u00e3o corrente (altera\u00e7\u00f5e<span class=\"_ _1\"></span>s \u00e0 corrente: a exig\u00eanc<span class=\"_ _1\"></span>ia de uma entidade<span class=\"_ _1\"></span> ter o direito de<span class=\"_ _1\"></span> diferir a liqu<span class=\"_ _1\"></span>ida\u00e7\u00e3o do passivo<span class=\"_ _1\"></span> IAS 1 <span class=\"ff9\">\u2013</span> Apresenta\u00e7\u00e3<span class=\"_ _1\"></span>o das por pelo menos 12<span class=\"_ _1\"></span> meses ap\u00f3s o <span class=\"_ _1\"></span>per\u00edodo de relat\u00f3r<span class=\"_ _1\"></span>io.<span class=\"_ _1\"></span> Demonstra\u00e7\u00f5es As altera\u00e7\u00f5es vi<span class=\"_ _1\"></span>sam: Financeiras) a.<span class=\"ls0\"> <span class=\"_ _58\"> </span>e<span class=\"_ _1\"></span>specificar que o d<span class=\"_ _1\"></span>ireito de uma e<span class=\"_ _1\"></span>ntidade de diferir a<span class=\"_ _1\"></span> liquida\u00e7\u00e3o de<span class=\"_ _1\"></span>ve existir no </span>final do per\u00edodo de<span class=\"_ _1\"></span> relat\u00f3rio;<span class=\"_ _1\"></span> b.<span class=\"ls0\"> <span class=\"_ _58\"> </span>esclarecer<span class=\"_ _1\"></span> que a classif<span class=\"_ _1\"></span>ica\u00e7\u00e3o n\u00e3o \u00e9 afetada pe<span class=\"_ _1\"></span>las inten\u00e7\u00f5es ou e<span class=\"_ _1\"></span>xpectativas da<span class=\"_ _1\"></span> </span>administra\u00e7\u00e3o<span class=\"_ _1\"></span> sobre se a entida<span class=\"_ _1\"></span>de exercer\u00e1 seu<span class=\"_ _1\"></span> direito de a<span class=\"_ _1\"></span>diar a liquida<span class=\"_ _1\"></span>\u00e7\u00e3o;<span class=\"_ _1\"></span> c.<span class=\"ls0\"> <span class=\"_ _b0\"> </span>esclarecer como as condi\u00e7\u00f5es<span class=\"_ _1\"></span> de empr\u00e9stimo<span class=\"_ _1\"></span> afetam a class<span class=\"_ _1\"></span>ifica\u00e7\u00e3o; e<span class=\"_ _1\"></span> </span>d.<span class=\"ls0\"> <span class=\"_ _58\"> </span>esclarecer<span class=\"_ _1\"></span> os requisitos para<span class=\"_ _1\"></span> classif<span class=\"_ _1\"></span>icar passivos que u<span class=\"_ _1\"></span>ma entidade ir<span class=\"_ _1\"></span>\u00e1 liquidar, ou </span>possa liquidar, atra<span class=\"_ _1\"></span>v\u00e9s da emiss\u00e3o<span class=\"_ _1\"></span> dos seus pr\u00f3pr<span class=\"_ _1\"></span>ios instr<span class=\"_ _1\"></span>umentos p<span class=\"_ _1\"></span>atrimoniais.<span class=\"_ _1\"></span> Esta altera\u00e7\u00e3o \u00e9 efet<span class=\"_ _1\"></span>iva para per\u00edodos<span class=\"_ _1\"></span> ap\u00f3s 1 de janeir<span class=\"_ _1\"></span>o de 2024.<span class=\"_ _1\"></span> Passivo de loca\u00e7\u00e3<span class=\"_ _1\"></span>o numa O IASB<span class=\"_ _1\"></span> em<span class=\"_ _1\"></span>itiu e<span class=\"_ _1\"></span>m sete<span class=\"_ _1\"></span>mbro <span class=\"_ _1\"></span>de 20<span class=\"_ _1\"></span>22 <span class=\"_ _1\"></span>altera\u00e7\u00f5es <span class=\"_ _1\"></span>\u00e0 <span class=\"_ _1\"></span>IFRS 1<span class=\"_ _1\"></span>6 <span class=\"_ _1\"></span><span class=\"ff9\">\u2013</span> <span class=\"_ _1\"></span>Loca<span class=\"_ _1\"></span>\u00e7\u00f5es <span class=\"_ _1\"></span>que <span class=\"_ _1\"></span>introduzem<span class=\"_ _1\"></span> 1 de janeiro de 2024<span class=\"_ _1\"></span> transa\u00e7\u00e3o de venda e<span class=\"_ _1\"></span> um no<span class=\"_ _1\"></span>vo mode<span class=\"_ _1\"></span>lo conta<span class=\"_ _1\"></span>bil\u00edstico <span class=\"_ _1\"></span>para <span class=\"_ _1\"></span>pagamentos<span class=\"_ _1\"></span> vari\u00e1ve<span class=\"_ _1\"></span>is nu<span class=\"_ _1\"></span>ma tra<span class=\"_ _1\"></span>nsa\u00e7\u00e3o <span class=\"_ _1\"></span>de <span class=\"_ _1\"></span>venda e<span class=\"_ _1\"></span> reloca\u00e7\u00e3o (altera\u00e7<span class=\"_ _1\"></span>\u00f5es \u00e0 reloca\u00e7\u00e3o. As a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es confir<span class=\"_ _1\"></span>mam que:<span class=\"_ _1\"></span> IFRS 16 <span class=\"ff9\">\u2013</span> Loca\u00e7\u00f5e<span class=\"_ _1\"></span>s) - <span class=\"_ _9e\"> </span><span class=\"ff1\">No <span class=\"_ _1\"></span>rec<span class=\"_ _1\"></span>onhecimento <span class=\"_ _45\"></span>in<span class=\"_ _1\"></span>icial, <span class=\"_ _45\"></span>o <span class=\"_ _45\"></span>vendedor <span class=\"_ _51\"></span>- <span class=\"_ _45\"></span>locat\u00e1rio <span class=\"_ _45\"></span>in<span class=\"_ _1\"></span>clui <span class=\"_ _45\"></span>os <span class=\"_ _45\"></span>pagame<span class=\"_ _1\"></span>ntos <span class=\"_ _1\"></span>var<span class=\"_ _1\"></span>i\u00e1veis </span>de <span class=\"_ _1\"></span>loca\u00e7\u00e3o <span class=\"_ _1\"></span>quando <span class=\"_ _1\"></span>mensura <span class=\"_ _1\"></span>u<span class=\"_ _1\"></span>m <span class=\"_ _1\"></span>passivo <span class=\"_ _1\"></span>de <span class=\"_ _45\"></span>loca\u00e7\u00e3o de<span class=\"_ _1\"></span>corrente <span class=\"_ _1\"></span>de <span class=\"_ _1\"></span>uma <span class=\"_ _1\"></span>transa\u00e7\u00e3o<span class=\"_ _1\"></span> de venda e re<span class=\"_ _1\"></span>loca\u00e7\u00e3o; - <span class=\"_ _9e\"> </span><span class=\"ff1\">Ap\u00f3s <span class=\"_ _45\"></span>o<span class=\"_ _1\"></span> <span class=\"_ _45\"></span>reconhe<span class=\"_ _1\"></span>cimento <span class=\"_ _51\"></span>inicial, <span class=\"_ _51\"></span>o <span class=\"_ _45\"></span>ven<span class=\"_ _1\"></span>dedor <span class=\"_ _51\"></span>- <span class=\"_ _51\"></span>locat\u00e1rio <span class=\"_ _51\"></span>aplica <span class=\"_ _45\"></span>o<span class=\"_ _1\"></span>s <span class=\"_ _45\"></span>req<span class=\"_ _1\"></span>uisitos <span class=\"_ _45\"></span>gera<span class=\"_ _1\"></span>is </span>para <span class=\"_ _40\"> </span>a <span class=\"_ _b4\"> </span>contabiliza\u00e7\u00e3<span class=\"_ _1\"></span>o <span class=\"_ _40\"> </span>subseque<span class=\"_ _1\"></span>nte <span class=\"_ _b4\"> </span>do <span class=\"_ _40\"> </span>passi<span class=\"_ _1\"></span>vo <span class=\"_ _40\"> </span>de <span class=\"_\"> </span>loca\u00e7\u00e3o, <span class=\"_ _40\"> </span>de <span class=\"_\"> </span>modo <span class=\"_ _40\"> </span>que <span class=\"_ _40\"> </span>n\u00e3o<span class=\"_ _1\"></span> reconhe\u00e7a nenhum<span class=\"_ _1\"></span> ganho ou perda <span class=\"_ _1\"></span>relac<span class=\"_ _1\"></span>ionado com o direit<span class=\"_ _1\"></span>o de uso que ret\u00e9m.<span class=\"_ _1\"></span> Um <span class=\"_ _45\"></span>vendedor<span class=\"_ _1\"></span> <span class=\"_ _45\"></span>- <span class=\"_ _45\"></span>locat\u00e1r<span class=\"_ _1\"></span>io <span class=\"_ _45\"></span>pode <span class=\"_ _45\"></span>ad<span class=\"_ _1\"></span>otar <span class=\"_ _45\"></span>diferente<span class=\"_ _1\"></span>s <span class=\"_ _1\"></span>a<span class=\"_ _1\"></span>bordagens<span class=\"_ _1\"></span> <span class=\"_ _45\"></span>que <span class=\"_ _45\"></span>sat<span class=\"_ _1\"></span>isfa\u00e7am <span class=\"_ _45\"></span>os <span class=\"_ _45\"></span>nov<span class=\"_ _1\"></span>os requisitos de mensur<span class=\"_ _1\"></span>a\u00e7\u00e3o subseque<span class=\"_ _1\"></span>nte.<span class=\"_ _1\"></span> As <span class=\"_ _45\"></span>altera\u00e7\u00f5es <span class=\"_ _45\"></span>s\u00e3o<span class=\"_ _1\"></span> <span class=\"_ _1\"></span>e<span class=\"_ _1\"></span>fetivas <span class=\"_ _45\"></span>para <span class=\"_ _45\"></span>p<span class=\"_ _1\"></span>er\u00edodos <span class=\"_ _45\"></span>anuais <span class=\"_ _45\"></span>in<span class=\"_ _1\"></span>iciados <span class=\"_ _45\"></span>em <span class=\"_ _45\"></span>ou <span class=\"_ _45\"></span>ap<span class=\"_ _1\"></span>\u00f3s <span class=\"_ _1\"></span>1 <span class=\"_ _51\"></span>de <span class=\"_ _45\"></span>janeiro <span class=\"_ _45\"></span>de 2024, com ap<span class=\"_ _1\"></span>lica\u00e7\u00e3o antecipada<span class=\"_ _1\"></span> permitida.<span class=\"_ _1\"></span> De <span class=\"_ _b\"> </span>acordo <span class=\"_ _b\"> </span>com <span class=\"_ _b\"> </span>a <span class=\"_ _b\"> </span>IAS <span class=\"_ _b\"> </span>8 <span class=\"_ _b\"> </span>- <span class=\"_ _b\"> </span>Po<span class=\"_ _1\"></span>l\u00edticas <span class=\"_ _b\"> </span>Contab<span class=\"_ _1\"></span>il\u00edsticas, <span class=\"_ _b\"> </span>Altera\u00e7\u00f5es<span class=\"_ _1\"></span> <span class=\"_ _a0\"> </span>n<span class=\"_ _1\"></span>as <span class=\"_ _b\"> </span>Estimat<span class=\"_ _1\"></span>ivas Contabil\u00edstica<span class=\"_ _1\"></span>s <span class=\"_ _b\"> </span>e <span class=\"_ _b\"> </span>Erros, <span class=\"_ _b\"> </span>um <span class=\"_ _b\"> </span>ve<span class=\"_ _1\"></span>ndedor <span class=\"_ _b\"> </span>-<span class=\"_ _1\"></span> <span class=\"_ _b\"> </span>locat\u00e1rio <span class=\"_ _b\"> </span>ter\u00e1<span class=\"_ _1\"></span> <span class=\"_ _b\"> </span>de <span class=\"_ _b\"> </span>aplicar <span class=\"_ _b\"> </span>as <span class=\"_ _b\"> </span>a<span class=\"_ _1\"></span>ltera\u00e7\u00f5es retrospetivamente<span class=\"_ _1\"></span> <span class=\"_ _45\"></span>\u00e0s <span class=\"_ _51\"></span>transa\u00e7\u00f5es <span class=\"_ _51\"></span>de <span class=\"_ _45\"></span>venda<span class=\"_ _1\"></span> <span class=\"_ _45\"></span>e <span class=\"_ _45\"></span>r<span class=\"_ _1\"></span>eloca\u00e7\u00e3o <span class=\"_ _51\"></span>celebradas<span class=\"_ _45\"></span> <span class=\"_ _45\"></span>ou <span class=\"_ _51\"></span>ap\u00f3s <span class=\"_ _45\"></span>a<span class=\"_ _1\"></span> <span class=\"_ _45\"></span>data<span class=\"_ _1\"></span> <span class=\"_ _45\"></span>de aplica\u00e7\u00e3o <span class=\"_\"> </span>inicial <span class=\"_ _40\"> </span>da <span class=\"_\"> </span>IFRS <span class=\"_ _40\"> </span>16. <span class=\"_\"> </span>Isto <span class=\"_ _40\"> </span>sign<span class=\"_ _1\"></span>ifica <span class=\"_ _40\"> </span>que<span class=\"_ _1\"></span> <span class=\"_ _40\"> </span>te<span class=\"_ _1\"></span>r\u00e1 <span class=\"_ _b4\"> </span>de <span class=\"_ _40\"> </span>ide<span class=\"_ _1\"></span>ntificar <span class=\"_ _40\"> </span>e<span class=\"_ _1\"></span> <span class=\"_ _40\"> </span>reana<span class=\"_ _1\"></span>lisar <span class=\"_ _40\"> </span>a<span class=\"_ _1\"></span>s transa\u00e7\u00f5es <span class=\"_ _51\"> </span>de <span class=\"_ _51\"> </span>venda<span class=\"_ _1\"></span> <span class=\"_ _51\"></span>e <span class=\"_ _51\"></span>reloca\u00e7\u00e3o <span class=\"_ _51\"> </span>celebra<span class=\"_ _1\"></span>das <span class=\"_ _51\"></span>desde <span class=\"_ _51\"></span>a <span class=\"_ _51\"> </span>i<span class=\"_ _1\"></span>mplementa\u00e7\u00e3o <span class=\"_ _51\"> </span>da <span class=\"_ _9f\"> </span>I<span class=\"_ _0\"></span>FRS <span class=\"_ _51\"></span>16 <span class=\"_ _51\"> </span>e<span class=\"_ _1\"></span>m 2019 <span class=\"_ _9f\"> </span>e, <span class=\"_ _51\"></span>potencialmente<span class=\"_ _1\"></span>, <span class=\"_ _51\"> </span>re<span class=\"_ _1\"></span>expressar <span class=\"_ _9f\"> </span>aquelas <span class=\"_ _51\"> </span>que <span class=\"_ _9f\"> </span>inclu\u00edam <span class=\"_ _9f\"> </span>pagamentos <span class=\"_ _9f\"> </span>v<span class=\"_ _0\"></span>ari\u00e1<span class=\"_ _45\"></span>veis <span class=\"_ _51\"> </span>de<span class=\"_ _1\"></span> loca\u00e7\u00e3o<span class=\"ff16 fs10 fc2\">.</span> Re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>\u00e0s <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> aci<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>ja <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>trad<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>at\u00f3<span class=\"_ _0\"></span>ria <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>gor<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nda <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> oco<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>eu,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>oncl<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>u ai<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> tod<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>a apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>tou<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>o\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>ada,<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> n\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ej<span class=\"_ _0\"></span>am si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span>. 1.6.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>lga<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>\u00eds<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cos </span></span>rel<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> A p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> sep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>xig<span class=\"_ _0\"></span>e q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> a g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a ef<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ue es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> jul<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ren<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, g<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> e di<span class=\"_ _0\"></span>vul<span class=\"_ _0\"></span>ga\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a. P<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> efe<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> a g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pre<span class=\"_ _3b\"></span>sa ba<span class=\"_ _0\"></span>sei<span class=\"_ _0\"></span>a-se<span class=\"_ _0\"></span>:  (i)<span class=\"_ _47\"> </span><span class=\"ls0\">n<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>r i<span class=\"_ _0\"></span>nfor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>gun<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m</span>re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rit<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nden<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>e (ii<span class=\"_ _0\"></span>)<span class=\"_ _3f\"> </span>nas <span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ode<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>vir<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>volv<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>utur<span class=\"_ _0\"></span>o.Na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ncre<span class=\"_ _0\"></span>tiz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ulta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> ser<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>esta<span class=\"_ _0\"></span>s es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span>. Estimativas e julgamentos mais significativos As <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>supos<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> ris<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>gnif<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>um aju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>no v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tabi<span class=\"_ _0\"></span>l\u00eds<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s e p<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>c\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> seg<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>\u00e3o apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>aixo<span class=\"_ _0\"></span>: Estimati<span class=\"_ _1\"></span>vas e julgamentos Notas Incerteza quanto ao<span class=\"_ _1\"></span>s tratame<span class=\"_ _1\"></span>ntos do impos<span class=\"_ _1\"></span>to sobre o rendi<span class=\"_ _1\"></span>mento<span class=\"_ _1\"></span> 6.1 - Imposto sobre<span class=\"_ _1\"></span> o rendimento<span class=\"_ _1\"></span> do per\u00edodo<span class=\"_ _1\"></span> 6.2 - Impostos d<span class=\"_ _1\"></span>iferidos Reconheciment<span class=\"_ _1\"></span>o de provis\u00f5e<span class=\"_ _1\"></span>s9.1 - Provis\u00f5esValoriza\u00e7\u00e3o das Pa<span class=\"_ _1\"></span>rticipa\u00e7\u00f5es <span class=\"_ _1\"></span>Financeiras<span class=\"_ _1\"></span> 10.1 <span class=\"ff9\">\u2013</span> Invest<span class=\"_ _1\"></span>imentos em subsid<span class=\"_ _1\"></span>i\u00e1rias 2.<span class=\"ffd ls0\"> <span class=\"_ _ab\"> </span><span class=\"ff3\">Per<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>ce o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>iona<span class=\"_ _0\"></span>l </span></span>2.1.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">R\u00e9dit<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>egm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s </span></span>Pol\u00edticas Contabil\u00edsticas No<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>xt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>gato<span class=\"_ _0\"></span>r,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ce a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vidad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rcia<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aba<span class=\"_ _0\"></span>stec<span class=\"_ _0\"></span>edo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a ge<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>\u00e9r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s-p<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>. Na <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>sepa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>, as<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>l\u00edt<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il\u00ed<span class=\"_ _0\"></span>stic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>da Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>s \u00e1<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do r<span class=\"_ _0\"></span>\u00e9d<span class=\"_ _0\"></span>ito e<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> por<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>egm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>ol\u00ed<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s nas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>emo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>iras<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>orme<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>rit<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>abai<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>. \u00c1re<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>eg\u00f3<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or A p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>pal<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>do G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iste<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rodu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>ess\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>scri<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> (U<span class=\"_ _0\"></span>WF)<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> us<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dom\u00e9<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>(<span class=\"ff7\">ti<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ue<span class=\"ff1\">)<span class=\"_ _0\"></span>, be<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>, </span></span>es<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>oda <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r, d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>iga\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>vim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>\u00e0 p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o f<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>past<span class=\"_ _0\"></span>a br<span class=\"_ _0\"></span>anq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> eu<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>to <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> BE<span class=\"_ _0\"></span>KP <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>\u00e9r<span class=\"_ _0\"></span>mic<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> el\u00e9<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>, b<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a </span></span></span></span>re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>come<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>. O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>\u00f5e <span class=\"_ _0\"></span>de q<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ompl<span class=\"_ _0\"></span>exo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>is, <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uais<span class=\"_ _0\"></span> l<span class=\"_ _0\"></span>ocal<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s na<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>guei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Fo<span class=\"_ _0\"></span>z e<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Set<span class=\"_ _0\"></span>\u00fabal<span class=\"_ _0\"></span> on<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>z p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a B<span class=\"_ _0\"></span>EK<span class=\"_ _0\"></span>P, <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>l\u00e9t<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l U<span class=\"_ _0\"></span>WF.<span class=\"_ _0\"></span> Di<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>\u00f5e ain<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>lex<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>ndu<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>izad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Av<span class=\"_ _0\"></span>eiro<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>z <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>BEK<span class=\"_ _0\"></span>P, e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ue<span class=\"ff1\">, <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Vil<span class=\"_ _0\"></span>a V<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>R\u00f3d<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>de p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>uz<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span><span class=\"ff1\">. </span></span></span></span>A p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>mad<span class=\"_ _0\"></span>eira<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>\u00e9 e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> pla<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>is e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>reno<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ar<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>tuad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>uga<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>span<span class=\"_ _0\"></span>ha,<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>iona<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m M<span class=\"_ _0\"></span>o\u00e7a<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>iqu<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> A <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>ti\u00e7<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>made<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de p<span class=\"_ _0\"></span>inh<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>duz<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>s s\u00e3<span class=\"_ _0\"></span>o ve<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>calip<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> esse<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>mid<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a B<span class=\"_ _0\"></span>EKP<span class=\"_ _0\"></span>. Na <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>WF<span class=\"_ _0\"></span> e d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span><span class=\"ff7\">tiss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span><span class=\"ff1\"> \u00e9 <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>mid<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>te s<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>nif<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>pr\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> </span></span>pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>BEK<span class=\"_ _0\"></span>P. <span class=\"_ _0\"></span>As <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>BEK<span class=\"_ _0\"></span>P, <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>WF<span class=\"_ _0\"></span> e p<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>el <span class=\"ff7\">t<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span><span class=\"ff1\"> <span class=\"ff9\">\u2013</span> <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> 1<span class=\"_ _0\"></span>30<span class=\"_ _0\"></span> </span></span>pa\u00ed<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>it\u00f3r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m t<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>mun<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>. No<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>\u00e0 pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>rgi<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>sui<span class=\"_ _0\"></span> 3 c<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>oge<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>na pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>zind<span class=\"_ _0\"></span>o-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>vap<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>trici<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>, se<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>umi<span class=\"_ _0\"></span>do in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>e a <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> mai<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>itar<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>ndid<span class=\"_ _0\"></span>a \u00e0<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>onal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gia<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> em me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>sui<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> g\u00e1<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>int<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as na <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l n<span class=\"_ _0\"></span>a F<span class=\"_ _0\"></span>igue<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Foz <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Set<span class=\"_ _0\"></span>\u00fab<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> e d<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rais<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>pen<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ntes,<span class=\"_ _0\"></span> ali<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> bi<span class=\"_ _0\"></span>oma<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span> \u00fal<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>as \u00e9<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>\u00e0 r<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>e nac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>gia <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>. P<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>sui <span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> tr\u00ea<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cent<span class=\"_ _0\"></span>rai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fot<span class=\"_ _0\"></span>ovo<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>aica<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a au<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>umo<span class=\"_ _0\"></span>, du<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>Se<span class=\"_ _0\"></span>t\u00fab<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> e u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>Fig<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Fo<span class=\"_ _0\"></span>z. Re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>era <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>iona<span class=\"_ _0\"></span>l,<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>rig<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a IFR<span class=\"_ _0\"></span>S <span class=\"_ _0\"></span>8, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e da <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>olv<span class=\"_ _0\"></span>e at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>eg\u00f3c<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ual <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span> r\u00e9<span class=\"_ _0\"></span>dito<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>ncor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>m gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>cuj<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ope<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Comi<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o E<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>cuti<span class=\"_ _0\"></span>va,<span class=\"_ _0\"></span> a qu<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>al r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>cis<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>onai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>fei<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>omad<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>s\u00f5es<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a im<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>urs<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>mpen<span class=\"_ _0\"></span>ho <span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>\u00e0 q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>ja<span class=\"_ _0\"></span> dis<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>n\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>isti<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>a. A i<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>utili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lato<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>inf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>da pe<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa. Pe<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bor<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nha<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>um c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a se<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>car<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span> ape<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>iali<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rodu<span class=\"_ _0\"></span>zid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> a g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>erid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bsid<span class=\"_ _0\"></span>i\u00e1r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>Des<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>do, <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a-s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>que <span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa s<span class=\"_ _0\"></span>e en<span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>dr<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>apen<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>que <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>agr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>a. R\u00e9<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>o  O r<span class=\"_ _0\"></span>\u00e9d<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r b<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>\u00e7os c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> por<span class=\"_ _0\"></span> \u00e1<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>a ge<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>\u00e1fi<span class=\"_ _0\"></span>ca,<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>base<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>a\u00eds <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esti<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ser<span class=\"_ _0\"></span>vi\u00e7o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ndid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pel<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa. Os <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>come<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>Cli<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e \u00e0<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>utos<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ue<span class=\"ff1\"> e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>num<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xte<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>\u00e3o l<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>nsp<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>esse<span class=\"_ _3b\"></span>s pro<span class=\"_ _0\"></span>duto<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> </span></span>qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>c\u00e1v<span class=\"_ _0\"></span>el.<span class=\"_ _0\"></span>  O r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>heci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> r\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>to p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ater<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>scre<span class=\"_ _0\"></span>ve-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ue: Pasta BEKP<span class=\"_ _1\"></span> O r\u00e9dito da pasta<span class=\"_ _1\"></span> resulta das vend<span class=\"_ _1\"></span>as efetuadas a sub<span class=\"_ _1\"></span>sidi\u00e1rias da E<span class=\"_ _1\"></span>mpresa e a<span class=\"_ _1\"></span> pro<span class=\"_ _1\"></span>dutores internac<span class=\"_ _1\"></span>ionais de pape<span class=\"_ _1\"></span>l e de d\u00e9cor. O r\u00e9dito \u00e9 rec<span class=\"_ _1\"></span>onhecido num momento<span class=\"_ _1\"></span> espec\u00edfico pe<span class=\"_ _1\"></span>lo montante da obr<span class=\"_ _1\"></span>iga\u00e7\u00e3o de perfor<span class=\"_ _1\"></span>mance satisfe<span class=\"_ _1\"></span>ita, correspondendo o<span class=\"_ _1\"></span> pre\u00e7o da transa<span class=\"_ _1\"></span>\u00e7\u00e3o a uma quantia<span class=\"_ _1\"></span> fixa faturada em fun\u00e7\u00e3o<span class=\"_ _1\"></span> das quantidades<span class=\"_ _1\"></span> vendidas, de<span class=\"_ _1\"></span>duzida<span class=\"_ _1\"></span> de<span class=\"_ _1\"></span> descontos de pronto<span class=\"_ _1\"></span> pagamento e <span class=\"_ _1\"></span>descontos de quant<span class=\"_ _1\"></span>idade, que s\u00e3o de<span class=\"_ _1\"></span>termin\u00e1veis com<span class=\"_ _1\"></span> fiabilidade. Na <span class=\"_ _1\"></span>vertente da exporta\u00e7\u00e3o, a trans<span class=\"_ _1\"></span>fer\u00eancia de controlo <span class=\"_ _1\"></span>dos produtos ocorre na<span class=\"_ _1\"></span> sua gen<span class=\"_ _1\"></span>eralidade quando os <span class=\"_ _1\"></span>produtos passa<span class=\"_ _1\"></span>m para o controlo do c<span class=\"_ _1\"></span>liente, conforme<span class=\"_ _1\"></span> os Incoterms nego<span class=\"_ _1\"></span>ciados. <span class=\"_ _1\"></span> A Empresa \u00e9 exc<span class=\"_ _1\"></span>lusivamente resp<span class=\"_ _1\"></span>ons\u00e1vel pela ven<span class=\"_ _1\"></span>da da pasta BEKP<span class=\"_ _1\"></span> produzida por e<span class=\"_ _1\"></span>mpresas do Gru<span class=\"_ _1\"></span>po Navigator, destinada \u00e0 comerc<span class=\"_ _1\"></span>ializa\u00e7\u00e3o ao<span class=\"_ _1\"></span> mercado e \u00e0s empresa<span class=\"_ _1\"></span>s produtoras<span class=\"_ _1\"></span> de papel UW<span class=\"_ _1\"></span>F e <span class=\"ff7\">ti<span class=\"_ _1\"></span>ssue</span> do Gru<span class=\"_ _1\"></span>po.  UWF O r\u00e9dito de papel, refer<span class=\"_ _1\"></span>e-se<span class=\"_ _1\"></span> \u00e0s vendas efetua<span class=\"_ _1\"></span>das atrav\u00e9s de<span class=\"_ _1\"></span> Distribu<span class=\"_ _1\"></span>idores comercia<span class=\"_ _1\"></span>is (B2B) os quais <span class=\"_ _1\"></span>incluem grandes distribuidores, <span class=\"_ _1\"></span>grossistas ou ope<span class=\"_ _1\"></span>radores comercia<span class=\"_ _1\"></span>is, al\u00e9m de produto<span class=\"_ _1\"></span>res e transfor<span class=\"_ _1\"></span>madores de produtos<span class=\"_ _1\"></span> de papel. O r\u00e9dito \u00e9 reconhec<span class=\"_ _1\"></span>ido num <span class=\"_ _1\"></span>momento espe<span class=\"_ _1\"></span>c\u00edfico, a data da en<span class=\"_ _1\"></span>trega do produto ao<span class=\"_ _1\"></span> cliente, quando<span class=\"_ _1\"></span> ocorre a transfer\u00eanc<span class=\"_ _1\"></span>ia de controlo, pelo montante<span class=\"_ _1\"></span> da obriga<span class=\"_ _1\"></span>\u00e7\u00e3o de performance <span class=\"_ _1\"></span>satisfeita, sen<span class=\"_ _1\"></span>do que o pre\u00e7o da tran<span class=\"_ _1\"></span>sa\u00e7\u00e3o corre<span class=\"_ _1\"></span>sponde a uma quantia fixa faturada<span class=\"_ _1\"></span> em fun\u00e7\u00e3o d<span class=\"_ _1\"></span>as quantidades<span class=\"_ _1\"></span> vend<span class=\"_ _1\"></span>idas, deduz<span class=\"_ _1\"></span>ida de descontos de pronto<span class=\"_ _1\"></span> pagamen<span class=\"_ _1\"></span>to e descontos de quantidade, que s\u00e3<span class=\"_ _1\"></span>o determin\u00e1ve<span class=\"_ _1\"></span>is com fiabil<span class=\"_ _1\"></span>idade.<span class=\"_ _1\"></span> Tissue O r\u00e9dito de <span class=\"ff7\">tis<span class=\"_ _1\"></span>sue</span> resulta das<span class=\"_ _1\"></span> vendas de papel<span class=\"_ _1\"></span> <span class=\"ff7\">tissue</span> pr<span class=\"_ _1\"></span>oduzido par<span class=\"_ _1\"></span>a a marca pr\u00f3pr<span class=\"_ _1\"></span>ia de redes de ret<span class=\"_ _1\"></span>alho naciona<span class=\"_ _1\"></span>is e internacionais<span class=\"_ _1\"></span>. O r\u00e9dito \u00e9 reconhe<span class=\"_ _1\"></span>cido num mo<span class=\"_ _1\"></span>mento espec\u00edfico,<span class=\"_ _1\"></span> pelo montante <span class=\"_ _1\"></span>da obriga\u00e7\u00e3o de per<span class=\"_ _1\"></span>formance sat<span class=\"_ _1\"></span>isfeita, sendo que o pre\u00e7<span class=\"_ _1\"></span>o da transa\u00e7\u00e3o c<span class=\"_ _1\"></span>orresponde a uma qua<span class=\"_ _1\"></span>ntia fixa fatu<span class=\"_ _1\"></span>rada em fun\u00e7\u00e3o das<span class=\"_ _1\"></span> quantidades vend<span class=\"_ _1\"></span>idas, deduzida de descontos de pront<span class=\"_ _1\"></span>o pagamento e <span class=\"_ _1\"></span>descontos<span class=\"_ _1\"></span> de quantidade,<span class=\"_ _1\"></span> que s\u00e3o determ<span class=\"_ _1\"></span>inados com fiabili<span class=\"_ _1\"></span>dade. O r\u00e9dito \u00e9 reconhecido contra a entr<span class=\"_ _1\"></span>ega do produto,<span class=\"_ _1\"></span> data em que <span class=\"_ _1\"></span>se considera exist<span class=\"_ _1\"></span>ir a transfer\u00eancia do c<span class=\"_ _1\"></span>ontrolo sobre o <span class=\"_ _1\"></span>produto. <span class=\"_ _45\"></span> Opera\u00e7\u00f5es de O r\u00e9dito de mercad<span class=\"_ _1\"></span>orias adquir<span class=\"_ _1\"></span>idas a produt<span class=\"_ _1\"></span>ores e distribui<span class=\"_ _1\"></span>dores, tendo e<span class=\"_ _1\"></span>m vista o abaste<span class=\"_ _1\"></span>cimento de f\u00e1bri<span class=\"_ _1\"></span>cas do Grupo central de que as utiliza<span class=\"_ _1\"></span>m como mat\u00e9rias<span class=\"_ _1\"></span>-primas para<span class=\"_ _1\"></span> transforma\u00e7\u00e3o, \u00e9 rec<span class=\"_ _1\"></span>onhecido na data<span class=\"_ _1\"></span> da entrega do produ<span class=\"_ _1\"></span>to ao cliente, pe<span class=\"_ _1\"></span>lo compras montante da obr<span class=\"_ _1\"></span>iga\u00e7\u00e3o de perfor<span class=\"_ _1\"></span>mance satisfeita, <span class=\"_ _1\"></span>sendo<span class=\"_ _1\"></span> que o pre\u00e7o da transa<span class=\"_ _1\"></span>\u00e7\u00e3o correspon<span class=\"_ _1\"></span>de a uma quant<span class=\"_ _1\"></span>ia fixa faturada em fun\u00e7\u00e3o<span class=\"_ _1\"></span> das quantidad<span class=\"_ _1\"></span>es vendidas determ<span class=\"_ _1\"></span>in\u00e1vel com fiab<span class=\"_ _1\"></span>ilidade.<span class=\"_ _45\"></span> Detalhe do R\u00e9dito por grupos de materiais/servi\u00e7os e \u00e1reas geogr\u00e1ficas Dur<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>erc\u00ed<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ndos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22 e<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span>, o <span class=\"_ _0\"></span>r\u00e9d<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>veni<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e b<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>vi\u00e7<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>talh<span class=\"_ _0\"></span>a-s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>e: Valores em Euros <span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Vendas Papel UWF Portugal  86.483.079 <span class=\"_ _1\"></span> 61.336.753 <span class=\"_ _1\"></span> Resto da Europa<span class=\"_ _1\"></span> 1.107.618.863 <span class=\"_ _1\"></span> 663.878.514 <span class=\"_ _1\"></span> Estados Unidos da A<span class=\"_ _1\"></span>m\u00e9rica<span class=\"_ _1\"></span> 164.176.085 <span class=\"_ _1\"></span> 104.965.167 <span class=\"_ _1\"></span> Resto do mundo<span class=\"_ _1\"></span> 383.126.808 <span class=\"_ _1\"></span> 292.813.637 <span class=\"_ _1\"></span> 1.741.404.835 <span class=\"_ _1\"></span> 1.122.994.072 <span class=\"_ _1\"></span> Papel <span class=\"ff8\">T<span class=\"_ _1\"></span>issue</span> Portugal  93.322.231 <span class=\"_ _1\"></span> 62.471.134 <span class=\"_ _1\"></span> Resto da Europa<span class=\"_ _1\"></span> 113.103.140 <span class=\"_ _1\"></span> 84.523.982 <span class=\"_ _1\"></span> Resto do mundo<span class=\"_ _1\"></span> 4.182.605 <span class=\"_ _1\"></span> 5.960.980 <span class=\"_ _1\"></span> 210.607.976 <span class=\"_ _1\"></span> 152.956.096 <span class=\"_ _1\"></span> Pasta BEKP para me<span class=\"_ _1\"></span>rcado<span class=\"_ _1\"></span> Portugal  4.043.366 <span class=\"_ _1\"></span> 2.857.768 <span class=\"_ _1\"></span> Resto da Europa<span class=\"_ _1\"></span> 162.456.528 <span class=\"_ _1\"></span> 134.392.260 <span class=\"_ _1\"></span> Resto do mundo<span class=\"_ _1\"></span> 30.916.880 <span class=\"_ _1\"></span> 32.545.863 <span class=\"_ _1\"></span> 197.416.774 <span class=\"_ _1\"></span> 169.795.892 <span class=\"_ _1\"></span> Pasta BEKP para <span class=\"_ _1\"></span>abastecimen<span class=\"_ _1\"></span>to de subsidi\u00e1ri<span class=\"_ _1\"></span>as Portugal  854.575.688 <span class=\"_ _1\"></span> 568.118.228 <span class=\"_ _1\"></span> 854.575.688 <span class=\"_ _1\"></span> 568.118.228 <span class=\"_ _1\"></span> Vendas de mercador<span class=\"_ _1\"></span>ias - su<span class=\"_ _1\"></span>bsidi\u00e1rias 454.602.177 <span class=\"_ _1\"></span> 276.315.409 <span class=\"_ _1\"></span> Total das vendas <span class=\"_ _1\"></span> 3.458.607.450 <span class=\"_ _1\"></span> 2.290.179.696 <span class=\"_ _1\"></span> Presta\u00e7\u00f5es de servi\u00e7o<span class=\"_ _1\"></span>s Servi\u00e7os de gest\u00e3o<span class=\"_ _1\"></span> e administra\u00e7\u00e3<span class=\"_ _1\"></span>o de subs<span class=\"_ _1\"></span>idi\u00e1rias 72.598.267 <span class=\"_ _1\"></span> 76.767.926 <span class=\"_ _1\"></span> Total das presta<span class=\"_ _1\"></span>\u00e7\u00f5es de servi\u00e7<span class=\"_ _1\"></span>os <span class=\"_ _1\"></span> 72.598.267 <span class=\"_ _1\"></span> 76.767.926 <span class=\"_ _1\"></span> Total dos r\u00e9ditos <span class=\"_ _1\"></span> 3.531.205.717 <span class=\"_ _1\"></span> 2.366.947.621 <span class=\"_ _1\"></span> Em <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tou u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>eg\u00f3<span class=\"_ _0\"></span>cios<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> reg<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 49<span class=\"_ _0\"></span>% <span class=\"_ _0\"></span>fac<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span>. Ao<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022 <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>u-se<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> vo<span class=\"_ _0\"></span>lum<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>, te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pre<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e U<span class=\"_ _0\"></span>WF,<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span><span class=\"ff7\">ti<span class=\"_ _0\"></span>ssue<span class=\"_ _0\"></span><span class=\"ff1\"> a<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>oti<span class=\"_ _0\"></span>miz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o mi<span class=\"_ _3b\"></span>x de <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s. </span></span>A e<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>lu\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>siti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>e\u00e7os<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>mui<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>pot<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do m<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>odu<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>, te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>viga<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ngid<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> m\u00e1<span class=\"_ _0\"></span>xim<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ndas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>dut<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>um e<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>arc<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>e f\u00e1b<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca. 2.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Out<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span>s o<span class=\"_ _3b\"></span>perac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>is </span></span>No<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>find<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22 e<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span>, a <span class=\"_ _0\"></span>rub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Ou<span class=\"_ _0\"></span>tros<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>imen<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mp\u00f5e<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Subs\u00eddios \u00e0 expl<span class=\"_ _1\"></span>ora\u00e7\u00e3o<span class=\"_ _1\"></span> - 48.866 Revers\u00e3o de im<span class=\"_ _1\"></span>paridades em di<span class=\"_ _1\"></span>vidas a receber<span class=\"_ _1\"></span> 1.283 44.011 Revers\u00e3o de impar<span class=\"_ _1\"></span>idades em inve<span class=\"_ _1\"></span>nt\u00e1rios <span class=\"_ _1\"></span>(Nota 4.1.3) 1.484.115 - Descontos obtidos<span class=\"_ _1\"></span> em compras<span class=\"_ _1\"></span> 805.593 475.599 Ganhos em invent\u00e1<span class=\"_ _1\"></span>rios 7.518 491.339 Indemniza\u00e7\u00f5es por<span class=\"_ _1\"></span> sinistros<span class=\"_ _1\"></span> 10 272.689 Outros rendimen<span class=\"_ _1\"></span>tos operaciona<span class=\"_ _1\"></span>is 1.179.898 758.299 3.478.417 2.090.803 Em <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>cert<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nt\u00e1r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>l UW<span class=\"_ _0\"></span>F e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> <span class=\"ff7\">t<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>ue<span class=\"ff1\"> l<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> </span></span>di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes <span class=\"_ _0\"></span>pla<span class=\"_ _0\"></span>taf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Eur<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>a (<span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>2.3)<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>vert<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>arid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> hav<span class=\"_ _0\"></span>iam<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no a<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span>. Pol\u00edticas Contabil\u00edsticas Sub<span class=\"_ _0\"></span>s\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>plo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o Os <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bs\u00ed<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00e0 ex<span class=\"_ _0\"></span>plo<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> s\u00f3 <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>\u00f3s <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>stir<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>uran<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>a Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span> cum<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ir\u00e1<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>mes<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>\u00eddi<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ser<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>Os <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>s\u00eddi<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00e0 e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> o o<span class=\"_ _0\"></span>bj<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ar a<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>os, <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>m\u00e1t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aqu<span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>s\u00eddi<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>sam<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ar<span class=\"ff7\">.</span> 2.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s </span></span>Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Custo das mercador<span class=\"_ _1\"></span>ias vendid<span class=\"_ _1\"></span>as e mat\u00e9rias co<span class=\"_ _1\"></span>nsumidas (Not<span class=\"_ _1\"></span>a 4.1.2)<span class=\"_ _1\"></span> 3.138.646.788 <span class=\"_ _1\"></span> 2.103.980.956 <span class=\"_ _1\"></span> Fornecimento<span class=\"_ _1\"></span>s e servi\u00e7os exte<span class=\"_ _1\"></span>rnos<span class=\"_ _1\"></span> Transporte de merc<span class=\"_ _1\"></span>adorias<span class=\"_ _1\"></span> 196.480.608 <span class=\"_ _1\"></span> 137.488.303 <span class=\"_ _1\"></span> Servi\u00e7os especiali<span class=\"_ _1\"></span>zados 74.683.026 <span class=\"_ _1\"></span> 65.028.640 <span class=\"_ _1\"></span> Royalties 34.346.641 <span class=\"_ _1\"></span> 9.064.427 <span class=\"_ _1\"></span> Comiss\u00f5es 5.918.051 <span class=\"_ _1\"></span> 4.664.334 <span class=\"_ _1\"></span> Seguros 2.011.567 <span class=\"_ _1\"></span> 1.246.160 <span class=\"_ _1\"></span> Rendas e aluguere<span class=\"_ _1\"></span>s 1.074.581 <span class=\"_ _1\"></span> 1.099.970 <span class=\"_ _1\"></span> Honor\u00e1rios 896.480  592.277  Publicidade e pr<span class=\"_ _1\"></span>opaganda<span class=\"_ _1\"></span> 471.462  730.259  Desloca\u00e7\u00f5es e estada<span class=\"_ _1\"></span>s 1.140.931 <span class=\"_ _1\"></span> 662.619  Comunica\u00e7\u00f5es<span class=\"_ _1\"></span> 129.715  254.003  Materiais 104.174  74.122  Energia e flu\u00eddos<span class=\"_ _1\"></span> 178.533  91.927  Subcontratos<span class=\"_ _1\"></span> 240.455  30.453  Conserva\u00e7\u00e3o e repara<span class=\"_ _1\"></span>\u00e7\u00e3o 19.407  40.024  Outros 313.915  82.900  318.009.546 <span class=\"_ _1\"></span> 221.150.420 <span class=\"_ _1\"></span> Gastos com o pe<span class=\"_ _1\"></span>ssoal (Nota 7.<span class=\"_ _1\"></span>1) 13.521.497 <span class=\"_ _1\"></span> 11.092.252 <span class=\"_ _1\"></span> Outros gastos e p<span class=\"_ _1\"></span>erdas opera<span class=\"_ _1\"></span>cionais Imparidades em <span class=\"_ _1\"></span>invent\u00e1rios <span class=\"_ _1\"></span>(Nota 4.1.3)<span class=\"_ _1\"></span> 429.713  1.988.828 <span class=\"_ _1\"></span> Imparidades em d<span class=\"_ _1\"></span>ividas a receber<span class=\"_ _1\"></span> 3.268.851 <span class=\"_ _1\"></span> 127.605  Outras perdas em <span class=\"_ _1\"></span>invent\u00e1rios (Not<span class=\"_ _1\"></span>a 4.1) 2.661.376 <span class=\"_ _1\"></span> 792.470  Donativos 154.864  252.905  Quotiza\u00e7\u00f5es<span class=\"_ _1\"></span> 301.707  272.893  Perdas na al<span class=\"_ _1\"></span>iena\u00e7\u00e3o de ativos n\u00e3<span class=\"_ _1\"></span>o correntes<span class=\"_ _1\"></span> -  654.801  Descontos de pront<span class=\"_ _1\"></span>o pagamento c<span class=\"_ _1\"></span>oncedidos<span class=\"_ _1\"></span> 252.457  240.275  Impostos indiretos<span class=\"_ _1\"></span> 86.637  133.681  Outros gastos operac<span class=\"_ _1\"></span>ionais<span class=\"_ _1\"></span> 183.521  1.265.918 <span class=\"_ _1\"></span> 7.339.126  5.729.376  Provis\u00f5es l\u00edquida<span class=\"_ _1\"></span>s (Nota 9.1)<span class=\"_ _1\"></span> (857.042) 1.138.500  -  Total dos Ga<span class=\"_ _1\"></span>stos e perdas op<span class=\"_ _1\"></span>eracionais<span class=\"_ _1\"></span> 3.477.516.957 <span class=\"_ _1\"></span> 2.341.953.004 <span class=\"_ _1\"></span> O a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o g<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a \u00e9<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> gr<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>e me<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>da,<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>incr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>gene<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>is e<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>rvi<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>xto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pre<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>fla<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nist<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span> Os<span class=\"ls0\"> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>g\u00eds<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>a ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sent<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va, <span class=\"_ _0\"></span>fr<span class=\"_ _0\"></span>uto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>gime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os </span>lo<span class=\"_ _0\"></span>g\u00eds<span class=\"_ _0\"></span>tico<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sal <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nomi<span class=\"_ _0\"></span>a. N<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>u man<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ua a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>100<span class=\"_ _0\"></span>%,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>alqu<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>rne<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>. Con<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>cado<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 2.2<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>Out<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>vent<span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>zem<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> st<span class=\"_ _0\"></span>ock<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> UW<span class=\"_ _0\"></span>F e<span class=\"_ _0\"></span> <span class=\"ff7\">ti<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span><span class=\"ff1\"> e e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ontr<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>comp<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>rev<span class=\"_ _0\"></span>ers<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> </span></span>in<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>t\u00e1r<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span>.  Honor\u00e1rios faturados por servi\u00e7os de revis\u00e3o legal de con<span class=\"_ _0\"></span>tas e auditoria<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Gastos do Honor\u00e1rios Gastos do Honor\u00e1rios Valores em Euros<span class=\"_ _1\"></span> per\u00edodo faturados per\u00edodo faturados KPMG (SROC) e<span class=\"_ _1\"></span> outras entidad<span class=\"_ _1\"></span>es pertence<span class=\"_ _1\"></span>ntes  \u00e0 mesma rede<span class=\"_ _1\"></span> Servi\u00e7os de rev<span class=\"_ _1\"></span>is\u00e3o legal de conta<span class=\"_ _1\"></span>s e auditoria<span class=\"_ _1\"></span> 166.962  145.462  104.746  128.838  Servi\u00e7os de assessor<span class=\"_ _1\"></span>ia fiscal perm<span class=\"_ _1\"></span>itidos<span class=\"_ _1\"></span> -  -  -  -  Outros servi\u00e7os de<span class=\"_ _1\"></span> garantia de f<span class=\"_ _1\"></span>iabilidade<span class=\"_ _1\"></span> 12.378  17.750  87.875  108.086  Outros servi\u00e7os <span class=\"_ _1\"></span> 129.748  114.250  72.250  88.868  309.088  277.462  264.871  325.791  Os <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>rvi<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u201cOutr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>erv<span class=\"_ _0\"></span>i\u00e7os<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>fia<span class=\"_ _0\"></span>bilid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e\u201d <span class=\"_ _0\"></span>diz<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spei<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>a em<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>\u00f3ri<span class=\"_ _0\"></span>os s<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>inf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a, i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lui<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>rifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a\u00e7\u00e3o <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra ef<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>can<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>ao<span class=\"_ _0\"></span> Pl<span class=\"_ _0\"></span>ano <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>cup<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>sili<span class=\"_ _0\"></span>\u00eanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>vi\u00e7<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da Info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Sus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ambi<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>rev<span class=\"_ _0\"></span>is\u00f5<span class=\"_ _0\"></span>es l<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>elat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a in<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a\u00e7\u00e3o fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>ar. <span class=\"_ _0\"></span>Os <span class=\"_ _0\"></span>Ou<span class=\"_ _0\"></span>tros<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>vi\u00e7<span class=\"_ _0\"></span>os r<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>m-s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m tr<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>alh<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"ff7\">D<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>Di<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce<span class=\"ff1\"> <span class=\"ls96\">de </span></span></span>de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span>. O C<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Ad<span class=\"_ _0\"></span>mini<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>ufi<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>ntes <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> sa<span class=\"_ _0\"></span>lv<span class=\"_ _0\"></span>agu<span class=\"_ _0\"></span>ard<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>\u00eanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> atr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>an\u00e1<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>sel<span class=\"_ _0\"></span>ho <span class=\"_ _0\"></span>Fis<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>os t<span class=\"_ _0\"></span>rab<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>osto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e da<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ua d<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ata\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> 3.<span class=\"ffd ls0\"> <span class=\"_ _ab\"> </span><span class=\"ff3\">Inv<span class=\"_ _0\"></span>esti<span class=\"_ _3b\"></span>mentos<span class=\"_ _0\"></span> </span></span>3.1.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ixo<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> </span></span>Movimentos em ativos fixos tang\u00edveis Ativos Edif\u00edcios  Equipamento Outros  fixos e outras Equipamentos de Equipamento ativos fixos tang\u00edveis Valores em Euros Terrenos constru\u00e7\u00f5es b\u00e1sico transporte administrativo tang\u00edveis em curso Total Valor bruto Saldo em 1 de janeiro de 2021<span class=\"_ _1\"></span> 12.872 <span class=\"fs1\"> </span>693.726 <span class=\"fs1\"> </span>1.394.763 <span class=\"fs1\"> </span>4.356.871 <span class=\"fs1\"> </span>11.799.251 <span class=\"_ _1\"></span><span class=\"fs1\"> </span>14.988.161 <span class=\"_ _1\"></span><span class=\"fs1\"> </span>15.028 <span class=\"fs1\"> </span>33.260.672 <span class=\"_ _1\"></span><span class=\"fs1\"> </span>Aquisi\u00e7\u00f5es - <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>Aliena\u00e7\u00f5es - <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>(2.085)<span class=\"fs1\"> </span>(300.102)<span class=\"fs1\"> </span>(3.680.850)<span class=\"_ _1\"></span><span class=\"fs1\"> </span>(4.456.558)<span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>(8.439.596)<span class=\"fs1\"> </span>Regulariza\u00e7\u00f5es, transfer\u00eanci<span class=\"_ _1\"></span>as e abates - <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>Saldo em 31 de dezembro de 202<span class=\"_ _1\"></span>1 12.872 <span class=\"fs1\"> </span>693.726 <span class=\"fs1\"> </span>1.392.678 <span class=\"fs1\"> </span>4.056.769 <span class=\"fs1\"> </span>8.118.401 <span class=\"fs1\"> </span>10.531.603 <span class=\"_ _1\"></span><span class=\"fs1\"> </span>15.028 <span class=\"fs1\"> </span>24.821.076 <span class=\"_ _1\"></span><span class=\"fs1\"> </span>Aquisi\u00e7\u00f5es - <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>Aliena\u00e7\u00f5es - <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>(3.651.224)<span class=\"_ _1\"></span><span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>(3.651.224)<span class=\"fs1\"> </span>Regulariza\u00e7\u00f5es, transfer\u00eanci<span class=\"_ _1\"></span>as e abates - <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>15.028 <span class=\"fs1\"> </span>(15.028)<span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>Saldo em 31 de dezembro de 202<span class=\"_ _1\"></span>2 12.872 <span class=\"fs1\"> </span>693.726 <span class=\"fs1\"> </span>1.392.678 <span class=\"fs1\"> </span>4.056.769 <span class=\"fs1\"> </span>4.467.177 <span class=\"fs1\"> </span>10.546.631 <span class=\"_ _1\"></span><span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>21.169.852 <span class=\"_ _1\"></span><span class=\"fs1\"> </span>Deprecia\u00e7\u00f5es e perdas por imparidade acumuladas<span class=\"_ _1\"></span> Saldo em 1 de janeiro de 2021<span class=\"_ _1\"></span> - <span class=\"fs1\"> </span>(47.981)<span class=\"fs1\"> </span>(1.354.136)<span class=\"_ _1\"></span><span class=\"fs1\"> </span>(4.190.910)<span class=\"_ _1\"></span><span class=\"fs1\"> </span>(11.445.102)<span class=\"_ _1\"></span><span class=\"fs1\"> </span>(14.557.325)<span class=\"_ _1\"></span><span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>(31.595.453)<span class=\"_ _1\"></span><span class=\"fs1\"> </span>Deprecia\u00e7\u00f5es do per\u00edodo (Nota 3.7)<span class=\"_ _1\"></span> - <span class=\"fs1\"> </span>(14.791)<span class=\"fs1\"> </span>(14.808)<span class=\"fs1\"> </span>(13.987)<span class=\"fs1\"> </span>(24.247)<span class=\"fs1\"> </span>(21.490)<span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>(89.322)<span class=\"fs1\"> </span>Aliena\u00e7\u00f5es - <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>844 <span class=\"fs1 ls0\"> </span>275.728 <span class=\"fs1\"> </span>3.425.939 <span class=\"_ _1\"></span><span class=\"fs1\"> </span>4.069.693 <span class=\"_ _1\"></span><span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>7.772.204 <span class=\"_ _1\"></span><span class=\"fs1\"> </span>Regulariza\u00e7\u00f5es, transfer\u00eanci<span class=\"_ _1\"></span>as e abates - <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>Saldo em 31 de dezembro de 202<span class=\"_ _1\"></span>1 - <span class=\"fs1\"> </span>(62.772)<span class=\"fs1\"> </span>(1.368.100)<span class=\"_ _1\"></span><span class=\"fs1\"> </span>(3.929.168)<span class=\"_ _1\"></span><span class=\"fs1\"> </span>(8.043.410)<span class=\"_ _1\"></span><span class=\"fs1\"> </span>(10.509.121)<span class=\"_ _1\"></span><span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>(23.912.572)<span class=\"_ _1\"></span><span class=\"fs1\"> </span>Deprecia\u00e7\u00f5es do per\u00edodo (Nota 3.7)<span class=\"_ _1\"></span> - <span class=\"fs1\"> </span>(14.791)<span class=\"fs1\"> </span>(12.634)<span class=\"fs1\"> </span>(13.014)<span class=\"fs1\"> </span>(8.217)<span class=\"fs1\"> </span>(2.545)<span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>(51.201)<span class=\"fs1\"> </span>Aliena\u00e7\u00f5es - <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>3.648.943 <span class=\"_ _1\"></span><span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>3.648.943 <span class=\"_ _1\"></span><span class=\"fs1\"> </span>Regulariza\u00e7\u00f5es, transfer\u00eanci<span class=\"_ _1\"></span>as e abates - <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>Saldo em 31 de dezembro de 202<span class=\"_ _1\"></span>2 - <span class=\"fs1\"> </span>(77.563)<span class=\"fs1\"> </span>(1.380.734)<span class=\"_ _1\"></span><span class=\"fs1\"> </span>(3.942.182)<span class=\"_ _1\"></span><span class=\"fs1\"> </span>(4.402.684)<span class=\"_ _1\"></span><span class=\"fs1\"> </span>(10.511.666)<span class=\"_ _1\"></span><span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>(20.314.830)<span class=\"_ _1\"></span><span class=\"fs1\"> </span>Valor l\u00edquido em  12.872 <span class=\"fs1\"> </span>645.745 <span class=\"fs1\"> </span>40.627 <span class=\"fs1\"> </span>165.961 <span class=\"fs1\"> </span>354.149 <span class=\"fs1\"> </span>430.837 <span class=\"fs1\"> </span>15.028 <span class=\"fs1\"> </span>1.665.219 <span class=\"fs1\"> </span>1 de janeiro de 2021<span class=\"_ _1\"></span> Valor l\u00edquido em  12.872 <span class=\"fs1\"> </span>630.954 <span class=\"fs1\"> </span>24.578 <span class=\"fs1\"> </span>127.600 <span class=\"fs1\"> </span>74.991 <span class=\"fs1\"> </span>22.482 <span class=\"fs1\"> </span>15.028 <span class=\"fs1\"> </span>908.505 <span class=\"fs1\"> </span>31 de dezembro de 2021<span class=\"_ _1\"></span> Valor l\u00edquido em  12.872 <span class=\"fs1\"> </span>616.163 <span class=\"fs1\"> </span>11.944 <span class=\"fs1\"> </span>114.587 <span class=\"fs1\"> </span>64.493 <span class=\"fs1\"> </span>34.965 <span class=\"fs1\"> </span>- <span class=\"fs1\"> </span>855.022 <span class=\"fs1\"> </span>31 de dezembro de 2022<span class=\"_ _1\"></span> Pol\u00edticas Contabil\u00edsticas Reconhecimento e mens<span class=\"_ _0\"></span>ura\u00e7\u00e3o inicia<span class=\"_ _0\"></span>l<span class=\"ff1\"> </span>Os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>g\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> 1 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> jan<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>200<span class=\"_ _0\"></span>4 (<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>i\u00e7\u00e3o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> IFRS<span class=\"_ _0\"></span>), en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aqui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>u c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aqu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>liad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o com<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>nc\u00edpi<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>\u00edsti<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>alme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>uga<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>at\u00e9 <span class=\"_ _0\"></span>\u00e0qu<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>ta,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>duz<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as amo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>arid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>cum<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>g\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ao cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>uzid<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>ia\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>. Deprecia\u00e7\u00f5es e impari<span class=\"_ _0\"></span>dade<span class=\"ff1\"> </span>\u00c9 u<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>todo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>quot<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>mome<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>m se<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ncon<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a di<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>n\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>so,<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>zan<span class=\"_ _0\"></span>do-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xas<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>mel<span class=\"_ _0\"></span>hor<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span> \u00fat<span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ada<span class=\"ff7\">.</span> Anos m\u00e9dios de vi<span class=\"_ _1\"></span>da \u00fatil<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Edif\u00edcios e outras<span class=\"_ _1\"></span> constru\u00e7\u00f5es<span class=\"_ _1\"></span> 20 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>50<span class=\"ls0\"> </span>20 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>50<span class=\"ls0\"> </span>Equipamento b\u00e1<span class=\"_ _1\"></span>sico  7 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>35<span class=\"ls0\"> </span>7 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>35<span class=\"ls0\"> </span>Equipamento de tran<span class=\"_ _1\"></span>sporte 4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 9 </span></span>4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 9 </span></span>Equipamento ad<span class=\"_ _1\"></span>ministrativo<span class=\"_ _1\"></span> 4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 8 </span></span>4 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> 8 </span></span>Outros ativos fixo<span class=\"_ _1\"></span>s tang\u00edveis<span class=\"_ _1\"></span> 3 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>21<span class=\"ls0\"> </span>3 <span class=\"ff9 ls0\">\u2013<span class=\"ff1\"> </span></span>21<span class=\"ls0\"> </span>Os <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>uais<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>\u00fatei<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> aj<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> se ne<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>s\u00e1r<span class=\"_ _0\"></span>io,<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>a.<span class=\"_ _0\"></span> Se<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cri<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a \u00e9 <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>de-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>u re<span class=\"_ _0\"></span>aj<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>er\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mad<span class=\"_ _0\"></span>o me<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e o <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>arid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e. Custos subsequentes<span class=\"ff1\"> </span>Os <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>nut<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>ama<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>one<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e aqu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo f<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>o ta<span class=\"_ _0\"></span>ng\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>\u00e0 da<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> da pr<span class=\"_ _0\"></span>\u00f3xi<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>ute<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>dio<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> rep<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>uten<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> gas<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>no pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>orri<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>. Abates e al<span class=\"_ _0\"></span>iena\u00e7\u00f5es<span class=\"ff1\"> </span>Os <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>enie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>ate <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> ali<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>erm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ela <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>eren<span class=\"_ _0\"></span>\u00e7a en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>bim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>apli<span class=\"_ _0\"></span>c\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>dedu<span class=\"_ _0\"></span>zid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ansa<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a qu<span class=\"_ _0\"></span>anti<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>crit<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>conh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> Ou<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>os re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>raci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> (N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>.2) <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> Ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nais<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>Nota<span class=\"_ _0\"></span> 2.<span class=\"_ _0\"></span>3)<span class=\"_ _0\"></span>. 3.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> <span class=\"lsac\">sob</span> d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eito<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e u<span class=\"_ _0\"></span>so </span></span>Movimentos em ativos sob direito de uso Valores em Euros<span class=\"_ _1\"></span> Edif\u00edcios Viaturas Total Valor bruto Saldo em 1 de <span class=\"_ _1\"></span>janeiro de 2021<span class=\"_ _1\"></span> 4.277.508 39.668 4.317.176 Aquisi\u00e7\u00f5es<span class=\"_ _1\"></span> - - - Regulariza\u00e7\u00f5es,<span class=\"_ _1\"></span> transfer\u00eancias e<span class=\"_ _1\"></span> abates<span class=\"_ _1\"></span> - 4.645 4.645 Saldo em 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2021 4.277.508 44.313 4.321.821 Aquisi\u00e7\u00f5es<span class=\"_ _1\"></span> - - - Regulariza\u00e7\u00f5es,<span class=\"_ _1\"></span> transfer\u00eancias e<span class=\"_ _1\"></span> abates<span class=\"_ _1\"></span> - 10.583 10.583 Saldo em 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2022 4.277.508 54.896 4.332.404 Deprecia\u00e7\u00f5es e<span class=\"_ _1\"></span> perdas por i<span class=\"_ _1\"></span>mparidade a<span class=\"_ _1\"></span>cumuladas<span class=\"_ _1\"></span> - Saldo em 1 de janeir<span class=\"_ _1\"></span>o de 2021<span class=\"_ _1\"></span> (1.004.830)<span class=\"_ _1\"></span> (25.531) (1.030.361)<span class=\"_ _1\"></span> Deprecia\u00e7\u00f5es<span class=\"_ _1\"></span> (510.028) (12.773) (522.801) Saldo em 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2021 (1.514.857)<span class=\"_ _1\"></span> (38.305) (1.553.162)<span class=\"_ _1\"></span> Deprecia\u00e7\u00f5es<span class=\"_ _1\"></span> (510.028) (13.090) (523.118) Saldo em 31 de d<span class=\"_ _1\"></span>ezembro de<span class=\"_ _1\"></span> 2022 (2.024.885)<span class=\"_ _1\"></span> (51.395) (2.076.280)<span class=\"_ _1\"></span> Valor l\u00edquido em 1 d<span class=\"_ _1\"></span>e janeiro d<span class=\"_ _1\"></span>e 2021<span class=\"_ _1\"></span> 3.272.678 14.137 3.286.814 Valor l\u00edquido em<span class=\"_ _1\"></span> 31 de de<span class=\"_ _1\"></span>zembro de 2021<span class=\"_ _1\"></span> 2.762.651 6.008 2.768.659 Valor l\u00edquido em 3<span class=\"_ _1\"></span>1 de dez<span class=\"_ _1\"></span>embro de 2022<span class=\"_ _1\"></span> 2.252.623 3.501 2.256.124 A r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>Edi<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nde <span class=\"_ _0\"></span>ao<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>leb<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>do e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>a T<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r Com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>y,<span class=\"_ _0\"></span> S.A<span class=\"_ _0\"></span>. e<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>os <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> So<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>Ge<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Fun<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Inve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> Im<span class=\"_ _0\"></span>obi<span class=\"_ _0\"></span>li\u00e1r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span> </span></span>re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> ed<span class=\"_ _0\"></span>if\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>na A<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>a F<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> Pe<span class=\"_ _0\"></span>rei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Mel<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> 21,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m L<span class=\"_ _0\"></span>isb<span class=\"_ _0\"></span>oa,<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>iliza<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cri<span class=\"_ _0\"></span>t\u00f3ri<span class=\"_ _0\"></span>o. Pol\u00edticas Contabil\u00edsticas Na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>gor <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o, <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo s<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span> dir<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de u<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> ini<span class=\"_ _0\"></span>cial <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ivo <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> loc<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de:<span class=\"_ _0\"></span> i)<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s; <span class=\"_ _0\"></span>ii)<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00e0 l<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>a\u00e7\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>bido<span class=\"_ _0\"></span>s;<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> iii)<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>dire<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span>  Ao <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>b <span class=\"_ _0\"></span>dire<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>uso,<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r\u00e1 <span class=\"_ _0\"></span>acre<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>emo<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>/ou <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>aura<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>o at<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>ja<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>e/<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> o l<span class=\"_ _0\"></span>ocal<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>nde <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>gid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pelo<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>. O a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>b di<span class=\"_ _0\"></span>rei<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> us<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>\u00e9t<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>near<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>a dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> at\u00e9 <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>inal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>\u00fat<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a lo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>. Adi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>alme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o so<span class=\"_ _0\"></span>b d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>uso <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rda<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xist<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>m,<span class=\"_ _0\"></span> e aju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or e<span class=\"_ _3b\"></span>vent<span class=\"_ _0\"></span>uais<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>ca\u00e7\u00e3<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span>A v<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a \u00fa<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>da cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>b di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> ig<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> \u00e0<span class=\"_ _0\"></span> vid<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>\u00fatil<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fix<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>ng\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s (N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>.1)<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span> cl<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>se q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>te o<span class=\"_ _0\"></span>p\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> Emp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>exe<span class=\"_ _0\"></span>rc\u00ea<span class=\"_ _0\"></span>-la.<span class=\"_ _0\"></span> Loca\u00e7\u00f5es de curta <span class=\"_ _0\"></span>dura\u00e7\u00e3o e loca\u00e7\u00f5es de ati<span class=\"_ _0\"></span>vos de valor reduzido<span class=\"ff1\"> </span>A E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>conh<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>agam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ig<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u i<span class=\"_ _0\"></span>nfe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> 12 <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> loc<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>ujo<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o i<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>ja <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>feri<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>USD<span class=\"_ _0\"></span> $5<span class=\"_ _0\"></span>.0<span class=\"_ _0\"></span>00 di<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>os o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 2.3<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> nu<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>. 3.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Depr<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>amo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _3b\"></span>es e <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s </span></span>po<span class=\"_ _0\"></span>r i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Deprecia\u00e7\u00f5es de at<span class=\"_ _1\"></span>ivos fixos tang<span class=\"_ _1\"></span>\u00edveis do per\u00edod<span class=\"_ _1\"></span>o (Nota 3.1)<span class=\"_ _1\"></span> 51.201  89.322  Utiliza\u00e7\u00e3o de subs<span class=\"_ _1\"></span>\u00eddios ao inve<span class=\"_ _1\"></span>stimento<span class=\"_ _1\"></span> (988) (1.038) Deprecia\u00e7\u00f5es d<span class=\"_ _1\"></span>e ativos fixos ta<span class=\"_ _1\"></span>ng\u00edveis, <span class=\"_ _1\"></span>l\u00edquidos de s<span class=\"_ _1\"></span>ubs\u00eddios u<span class=\"_ _1\"></span>tilizados<span class=\"_ _1\"></span> 50.213  88.284  Deprecia\u00e7\u00f5es d<span class=\"_ _1\"></span>e ativos de dire<span class=\"_ _1\"></span>ito de uso do per\u00ed<span class=\"_ _1\"></span>odo (Nota 3.2<span class=\"_ _1\"></span>)<span class=\"_ _1\"></span> 523.118  522.801  573.331  611.085  4.<span class=\"_ _9a\"> </span><span class=\"ls0\">F<span class=\"lsad\">undo</span> <span class=\"_ _0\"></span><span class=\"lsae\">de<span class=\"ls0\"> mane<span class=\"_ _0\"></span>io</span></span></span>4.1.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Inv<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s </span></span>4.1.1<span class=\"lsaf\">. </span>Invent\u00e1rios <span class=\"ffa\">\u2013</span> <span class=\"_ _1\"></span>Detalhe por nat<span class=\"_ _1\"></span>ureza Valores l\u00edquidos de perdas por impar<span class=\"_ _0\"></span>idade acumuladas<span class=\"_ _1\"></span> 31/12/22 31/12/21 Valor Valor Valores em Euros Valor bruto<span class=\"_ _0\"></span> Imparidade l\u00edquido Valor bruto<span class=\"_ _0\"></span> Imparidade<span class=\"_ _0\"></span> l\u00edquido Pasta BEKP 14.800.385 (226.674) 14.573.711 4.005.792 -4.005.792Papel UWF 6.904.701 (516.528) 6.388.173 12.514.531 (1.615.825) 10.898.706Papel <span class=\"ff7\">Tissue</span> 1.565.233 (7.029) 1.558.204 1.266.139 (372.860) 893.279 Mercadorias para<span class=\"_ _1\"></span> abastecimento 3.591.693 (184.196) 3.407.497 2.750.862 (144)2.750.718das f\u00e1bricas do Gru<span class=\"_ _1\"></span>po  Total 26.862.012 (934.427) 25.927.585 20.537.324 (1.988.828)<span class=\"_ _1\"></span> 18.548.495 Invent\u00e1rios <span class=\"ffa\">\u2013</span> distribui\u00e7\u00e3o por<span class=\"_ _0\"></span> \u00e1rea geogr\u00e1fica<span class=\"_ _1\"></span> Valores em Euros 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>% 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>21<span class=\"ls0\"> </span>% Portugal Pasta BEKP  3.002.606 11,18% 191.396 0,93% Papel UWF  1.169.870 4,36% 9.858.375 48,00% Papel <span class=\"ff7\">Tissue</span> <span class=\"_ _1\"></span> 600.413 2,24% 494.444 2,41% Mercadorias para<span class=\"_ _1\"></span> abastecimento d<span class=\"_ _1\"></span>o Grupo 3.591.693 13,37% 2.750.862 13,39% 8.364.582 31,14% 13.295.077 64,74% Resto da Europa<span class=\"_ _1\"></span> Pasta BEKP  11.797.779 43,92% 3.814.396 18,57% Papel UWF  5.734.831 21,35% 2.656.156 12,93% Papel <span class=\"ff7\">Tissue</span> <span class=\"_ _1\"></span> 964.820 3,59% 771.695 3,76% 18.497.430 68,86% 7.242.247 35,26% 26.862.012 100,00%<span class=\"_ _1\"></span> 20.537.324 100,00%<span class=\"_ _1\"></span> Os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nt\u00e1<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>s da<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 1.7<span class=\"_ _0\"></span>70<span class=\"_ _0\"></span>.28<span class=\"_ _0\"></span>3 e<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os (<span class=\"_ _0\"></span>2021<span class=\"_ _0\"></span>: <span class=\"_ _0\"></span>10<span class=\"_ _0\"></span>.352<span class=\"_ _0\"></span>.8<span class=\"_ _0\"></span>19<span class=\"_ _0\"></span> eur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>) r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>a pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> UW<span class=\"_ _0\"></span>F e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span><span class=\"ff7\">tiss<span class=\"_ _0\"></span>ue<span class=\"ff1\"> <span class=\"_ _0\"></span>cuj<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>fat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>j\u00e1 <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>miti<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>, ma<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>uj<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>lo n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>i tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o </span></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>Cli<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> exi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>cuj<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>se s<span class=\"_ _0\"></span>eja<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>trita<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>/o<span class=\"_ _0\"></span>u pe<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span>. 4.1.2<span class=\"lsaf\">. </span>Custo das mercadori<span class=\"_ _1\"></span>as vendidas e m<span class=\"_ _1\"></span>at\u00e9rias consum<span class=\"_ _1\"></span>idas<span class=\"_ _1\"></span> no per\u00edodo Valores em Euros <span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Saldo inic<span class=\"_ _1\"></span>ial  18.548.495 <span class=\"_ _1\"></span> 22.585.686 <span class=\"_ _1\"></span> Compras  3.147.625.333 <span class=\"_ _1\"></span> 2.102.233.726 <span class=\"_ _1\"></span> Ganhos / (Perdas)<span class=\"_ _1\"></span> em invent\u00e1rios <span class=\"_ _1\"></span>(Notas 2.2 e 2.3<span class=\"_ _1\"></span>)  (2.653.858) (301.132) Ganhos / (Perdas)<span class=\"_ _1\"></span> por imparidade<span class=\"_ _1\"></span> (Notas 2.2 e<span class=\"_ _1\"></span> 2.3)  1.054.403 <span class=\"_ _1\"></span> (1.988.828) Saldo final  (25.927.585) (18.548.495)<span class=\"_ _1\"></span> Custo das mercador<span class=\"_ _1\"></span>ias vendid<span class=\"_ _1\"></span>as e mat\u00e9rias co<span class=\"_ _1\"></span>nsumidas (Not<span class=\"_ _1\"></span>a 2.3) <span class=\"_ _1\"></span> 3.138.646.788 <span class=\"_ _1\"></span> 2.103.980.956 <span class=\"_ _1\"></span> Custos das mercadorias e mat\u00e9rias consumidas por tipolog<span class=\"_ _0\"></span>ia<span class=\"_ _1\"></span> Valores em Euros <span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Pasta BEKP - Venda<span class=\"_ _1\"></span> a mercado <span class=\"_ _1\"></span> 172.783.247 <span class=\"_ _1\"></span> 162.302.396 <span class=\"_ _1\"></span> Pasta BEKP - Incor<span class=\"_ _1\"></span>pora\u00e7\u00e3o no Gru<span class=\"_ _1\"></span>po  853.094.541 <span class=\"_ _1\"></span> 567.185.028 <span class=\"_ _1\"></span> Papel UWF  1.445.591.986 <span class=\"_ _1\"></span> 1.036.754.808 <span class=\"_ _1\"></span> Papel <span class=\"ff7\">Tissue</span> <span class=\"_ _1\"></span> 213.120.626 <span class=\"_ _1\"></span> 147.476.502 <span class=\"_ _1\"></span> Mercadorias para<span class=\"_ _1\"></span> abastecimento d<span class=\"_ _1\"></span>as f\u00e1bricas do Gr<span class=\"_ _1\"></span>upo <span class=\"_ _1\"></span> 454.056.388 <span class=\"_ _1\"></span> 190.262.222 <span class=\"_ _1\"></span> 3.138.646.788 <span class=\"_ _1\"></span> 2.103.980.956 <span class=\"_ _1\"></span> 4.1.3<span class=\"lsaf\">. </span>Movimentos em pe<span class=\"_ _1\"></span>rdas por imp<span class=\"_ _1\"></span>aridade em inve<span class=\"_ _1\"></span>nt\u00e1rios<span class=\"_ _1\"></span><span class=\"ff1 fsa fc6\"> </span>Valores em Euros <span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Saldo Inicial <span class=\"_ _1\"></span> (1.988.828)<span class=\"_ _1\"></span> (10.256) Aumentos (Nota<span class=\"_ _1\"></span> 2.3) (429.713) (1.988.828) Revers\u00f5es (Nota 2.2<span class=\"_ _1\"></span>) 1.484.115 <span class=\"_ _1\"></span> -  Impacto em res<span class=\"_ _1\"></span>ultados do per\u00ed<span class=\"_ _1\"></span>odo<span class=\"_ _1\"></span> (934.426) (1.988.828)<span class=\"_ _1\"></span> Utiliza\u00e7\u00f5es <span class=\"_ _1\"></span> -  10.256  Saldo final  (934.426) (1.988.828)<span class=\"_ _1\"></span> As <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s em<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>nt\u00e1<span class=\"_ _0\"></span>rios<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spei<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>aju<span class=\"_ _0\"></span>stam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ao <span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>ck<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>WF <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>cali<span class=\"_ _0\"></span>pto<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>rs\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>arid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es,<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tou<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>lme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ace<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>ck<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span> UW<span class=\"_ _0\"></span>F e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tuad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2 <span class=\"_ _0\"></span>(No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>2.2)<span class=\"_ _0\"></span>. Pol\u00edticas Contabil\u00edsticas Mercadorias<span class=\"ff1\"> </span>As <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span> Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r co<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ssenc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>lme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Pas<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> eu<span class=\"_ _0\"></span>cali<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>o, pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> UW<span class=\"_ _0\"></span>F e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>tiss<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>adqu<span class=\"_ _0\"></span>iri<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s a <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>i\u00e1<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span>, pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a ao<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>. In<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> mat<span class=\"_ _0\"></span>\u00e9r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>dqui<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras,<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> \u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>sua <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span> Ce<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ral <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ator<span class=\"_ _3b\"></span>.<span class=\"_ _1\"></span> A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>n\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> \u201c<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>as\u201d<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>as com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>t\u00e9r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span>-pr<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>fei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>izad<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>poi<span class=\"_ _0\"></span>s aba<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>duto<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>indo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>adei<span class=\"_ _0\"></span>ra.<span class=\"_ _0\"></span> As <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>at\u00e9r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span>-pr<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>enc<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tram<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>riz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>aix<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e aqu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o e<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>u va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r r<span class=\"_ _0\"></span>eal<span class=\"_ _0\"></span>iz\u00e1ve<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> O <span class=\"_ _0\"></span>cust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>aqu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>clui<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>inco<span class=\"_ _0\"></span>rri<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span> ao <span class=\"_ _0\"></span>arm<span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ando<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> m\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>o po<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>do c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>\u00e9t<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>eio<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> sa\u00ed<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s. 4.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>ebe<span class=\"_ _0\"></span>r  </span></span>31/12/22 31/12/21 N\u00e3o N\u00e3o Valores em Euros<span class=\"_ _1\"></span> Corrente Corrente Total Corrente Corrente Total Clientes -  273.900.581 <span class=\"_ _1\"></span> 273.900.581 <span class=\"_ _1\"></span> -  178.899.757 <span class=\"_ _1\"></span> 178.899.757 <span class=\"_ _1\"></span> Contas a receber -<span class=\"_ _1\"></span> empresas rela<span class=\"_ _1\"></span>cionadas -  409.610.821 <span class=\"_ _1\"></span> 409.610.821 <span class=\"_ _1\"></span> -  612.402.309 <span class=\"_ _1\"></span> 612.402.309 <span class=\"_ _1\"></span> (Nota 10.2) Estado -  42.335.090 <span class=\"_ _1\"></span> 42.335.090 <span class=\"_ _1\"></span> -  35.962.673 <span class=\"_ _1\"></span> 35.962.673 <span class=\"_ _1\"></span> Consolida\u00e7\u00e3o f<span class=\"_ _1\"></span>iscal - partes re<span class=\"_ _1\"></span>lacionadas <span class=\"_ _1\"></span> -  123.679.484 <span class=\"_ _1\"></span> 123.679.484 <span class=\"_ _1\"></span> -  35.390.055 <span class=\"_ _1\"></span> 35.390.055 <span class=\"_ _1\"></span> (Nota 10.2) Acr\u00e9scimos de rend<span class=\"_ _1\"></span>imento -  645.515  645.515  -  1.291.884 <span class=\"_ _1\"></span> 1.291.884 <span class=\"_ _1\"></span> Gastos diferidos<span class=\"_ _1\"></span> -  1.033  1.033  -  107.002  107.002  Instrumentos finance<span class=\"_ _1\"></span>iros derivado<span class=\"_ _1\"></span>s (Nota 8.2)<span class=\"_ _1\"></span> -  48.514.443 <span class=\"_ _1\"></span> 48.514.443 <span class=\"_ _1\"></span> -  1.630.982 <span class=\"_ _1\"></span> 1.630.982 <span class=\"_ _1\"></span> Adiantamentos a <span class=\"_ _1\"></span>Fornecedores<span class=\"_ _1\"></span> -  891.489  891.489  -  -  -  Plano p\u00f3s empre<span class=\"_ _1\"></span>go (Nota 7.2)<span class=\"_ _1\"></span> -  -  -  -  444.631  444.631  Outros 6.684  427.884  434.568  6.684  858.676  865.360  6.684  900.006.340 <span class=\"_ _1\"></span> 900.013.024 <span class=\"_ _1\"></span> 6.684  866.987.969 <span class=\"_ _1\"></span> 866.994.654 <span class=\"_ _1\"></span> Os <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> aci<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>l\u00ed<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>cum<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>A <span class=\"_ _0\"></span>an\u00e1l<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e im<span class=\"_ _0\"></span>pari<span class=\"_ _3b\"></span>dade<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> a r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r \u00e9<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>Not<span class=\"_ _0\"></span>a 8<span class=\"_ _0\"></span>.1.<span class=\"_ _0\"></span>4 -<span class=\"_ _0\"></span> Ri<span class=\"_ _3b\"></span>sco d<span class=\"_ _0\"></span>e cr<span class=\"_ _0\"></span>\u00e9d<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>. Outros <span class=\"ffa\">\u2013</span> N\u00e3o corrente<span class=\"ff1 fsa fc6\"> </span>O m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o n\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> e 2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>anti<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>IVA re<span class=\"_ _0\"></span>laci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>IVA<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a Su<span class=\"_ _0\"></span>\u00ed\u00e7<span class=\"_ _0\"></span>a. Estado<span class=\"ff1 fsa fc6\"> </span>Valores em Euros<span class=\"_ _1\"></span> 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>21<span class=\"ls0\"> </span>Imposto sobre o<span class=\"_ _1\"></span> Valor Acrescenta<span class=\"_ _1\"></span>do a recuperar<span class=\"_ _1\"></span> -  -  Imposto sobre o<span class=\"_ _1\"></span> Valor Acrescenta<span class=\"_ _1\"></span>do - Ree<span class=\"_ _1\"></span>mbolsos pedidos<span class=\"_ _1\"></span> 42.335.090 <span class=\"_ _1\"></span> 35.962.673 <span class=\"_ _1\"></span> 42.335.090 <span class=\"_ _1\"></span> 35.962.673 <span class=\"_ _1\"></span> At\u00e9<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>\u00f3ri<span class=\"_ _0\"></span>o, f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>cebi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span><span class=\"ff9\">\u20ac10.<span class=\"_ _0\"></span>95<span class=\"_ _0\"></span>3.<span class=\"ff1\">24<span class=\"_ _0\"></span>4 <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tes <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> abe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>31 </span></span>de <span class=\"ls0\">dez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22,<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>rent<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ao<span class=\"_ _0\"></span> IVA <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>. </span>Acr\u00e9scimos de rendimento  Valores em Euros<span class=\"_ _1\"></span> 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>21<span class=\"ls0\"> </span>Acr\u00e9scimos de<span class=\"_ _1\"></span> rendimento<span class=\"_ _1\"></span> Juros a receber - <span class=\"_ _1\"></span>partes relac<span class=\"_ _1\"></span>ionadas (Nota 10.2)<span class=\"_ _1\"></span> 645.515  888.441  Outros rendimentos<span class=\"_ _1\"></span> - partes re<span class=\"_ _1\"></span>lacionadas (<span class=\"_ _1\"></span>Nota 10.2)<span class=\"_ _1\"></span> -  130.754  Outros -  272.689  645.515  1.291.884  Pol\u00edticas Contabil\u00edsticas Cl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>deve<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>es Cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o Os <span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Cl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ulta<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e ne<span class=\"_ _0\"></span>g\u00f3c<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>do \u00e9<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>ha d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>uxo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>aix<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>tuais<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ved<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>m n<span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>del<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>\u00f3ci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>col<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> flu<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tuai<span class=\"_ _0\"></span>s<span class=\"ff7\">.</span> Me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al Ao <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span><span class=\"ff7\">.<span class=\"ff1\"> </span></span>Me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e Ao <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tiz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>zido<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>arid<span class=\"_ _0\"></span>ade.<span class=\"_ _0\"></span> Imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Cl<span class=\"_ _0\"></span>ien<span class=\"_ _0\"></span>tes As <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>mpli<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o na<span class=\"_ _0\"></span> IFR<span class=\"_ _0\"></span>S 9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>espe<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> \u00e0<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>as te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a ex<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>i\u00ean<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> his<span class=\"_ _0\"></span>t\u00f3r<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ao l<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>go d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do es<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>isti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>cter<span class=\"_ _0\"></span>\u00edst<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pec<span class=\"_ _0\"></span>\u00edfi<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>to sub<span class=\"_ _0\"></span>ja<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 8<span class=\"_ _0\"></span>.1.4<span class=\"_ _0\"></span>). Imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>es As <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cr\u00e9d<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>IFRS<span class=\"_ _0\"></span> 9<span class=\"_ _0\"></span>. 4.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>ar </span></span>Valores em Euros<span class=\"_ _1\"></span> 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>21<span class=\"ls0\"> </span>Fornecedores 1<span class=\"ff26\">07.305.035</span><span class=\"ws17\"> </span>66.880.317 Contas a pagar -<span class=\"_ _1\"></span> empresas relac<span class=\"_ _1\"></span>ionadas (Nota 10.2)<span class=\"_ _1\"></span> 874.390.872 1.021.874.914 Estado 3.976.192 5.388.180 Consolida\u00e7\u00e3o f<span class=\"_ _1\"></span>iscal (Semapa)<span class=\"_ _1\"></span> - 6.447.546 Outros credores<span class=\"_ _1\"></span> 258.905 211.344 Instrumentos finance<span class=\"_ _1\"></span>iros derivado<span class=\"_ _1\"></span>s (Nota 8.2)<span class=\"_ _1\"></span> 4.682.533 8.130.589 Acr\u00e9scimos de gast<span class=\"_ _1\"></span>os com o pesso<span class=\"_ _1\"></span>al 15.204.544 9.274.445 Acr\u00e9scimos de gast<span class=\"_ _1\"></span>os - juros a <span class=\"_ _1\"></span>pagar 4.032.371 6.711.797 Acr\u00e9scimos de gast<span class=\"_ _1\"></span>os - log\u00edst<span class=\"_ _1\"></span>ica e com<span class=\"_ _1\"></span>iss\u00f5es de venda<span class=\"_ _1\"></span> 18.203.760 12.473.917 Acr\u00e9scimos de gast<span class=\"_ _1\"></span>os - empresa<span class=\"_ _1\"></span>s relacionadas (<span class=\"_ _1\"></span>Nota 10.2)<span class=\"_ _1\"></span> 18.906.986 1.482.570 Outros acr\u00e9sci<span class=\"_ _1\"></span>mos de gastos<span class=\"_ _1\"></span> 1.918.689 220.101 Rendimentos d<span class=\"_ _1\"></span>iferidos - sub<span class=\"_ _1\"></span>s\u00eddios \u00e0 explora\u00e7\u00e3o<span class=\"_ _1\"></span> (Nota 2.2)<span class=\"_ _1\"></span> 7.539 33.714 1.0<span class=\"ff27\">48.887.425</span><span class=\"ws11\"> </span>1.139.129.433 O a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> o p<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>al de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>om d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ho d<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>mit<span class=\"_ _0\"></span>iu <span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> mai<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>\u00e9sc<span class=\"_ _0\"></span>imo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> gr<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>fica<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>r\u00e9m<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> de pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>utivi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> cri<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xerc<span class=\"_ _0\"></span>\u00edc<span class=\"_ _0\"></span>io, <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>arto<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>e. Estado Valores em Euros<span class=\"_ _1\"></span> 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>21<span class=\"ls0\"> </span>Reten\u00e7\u00f5es de Impost<span class=\"_ _1\"></span>o sobre o Re<span class=\"_ _1\"></span>ndimento (IRS)<span class=\"_ _1\"></span> 832.566 845.665 Imposto sobre o<span class=\"_ _1\"></span> Valor Acrescenta<span class=\"_ _1\"></span>do 2.757.958 4.117.647 Contribui\u00e7\u00f5es para<span class=\"_ _1\"></span> a Seguran\u00e7a S<span class=\"_ _1\"></span>ocial<span class=\"_ _1\"></span> 385.557 424.757 Outros 111 110 3.976.192 5.388.180 Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> exi<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>d\u00edvi<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ua\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>mor<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>com o<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>do.<span class=\"_ _0\"></span> Pol\u00edticas Contabil\u00edsticas Os <span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>For<span class=\"_ _0\"></span>nec<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> out<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o i<span class=\"_ _0\"></span>nic<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os a<span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>seq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>u c<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tiz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>. 5.<span class=\"_ _49\"> </span><span class=\"ls0\">E<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rutu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Cap<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span>l</span>5.1.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Gest<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l </span></span>Pol\u00edtica<span class=\"_ _0\"></span> de gest\u00e3o de <span class=\"_ _0\"></span>capital Para efe<span class=\"_ _0\"></span>itos de g<span class=\"_ _0\"></span>est\u00e3o de cap<span class=\"_ _0\"></span>ital, a Empresa d<span class=\"_ _0\"></span>efine cap<span class=\"_ _0\"></span>ital com<span class=\"_ _0\"></span>o incluindo<span class=\"_ _0\"></span> os cap<span class=\"_ _0\"></span>itais pr\u00f3pr<span class=\"_ _0\"></span>ios e a d\u00edvida l\u00edq<span class=\"_ _0\"></span>uida. Os objet<span class=\"_ _0\"></span>ivos da Emp<span class=\"_ _0\"></span>resa em r<span class=\"_ _0\"></span>ela\u00e7\u00e3o \u00e0 g<span class=\"_ _0\"></span>est\u00e3o d<span class=\"_ _0\"></span>e capital, s<span class=\"_ _0\"></span>\u00e3o: i.<span class=\"_\"> </span>Salvaguar<span class=\"_ _0\"></span>dar a c<span class=\"_ _0\"></span>apacidade da<span class=\"_ _0\"></span> Empresa d<span class=\"_ _0\"></span>e cont<span class=\"_ _0\"></span>inuar em at<span class=\"_ _0\"></span>ividade e <span class=\"_ _0\"></span>assim propor<span class=\"_ _0\"></span>cionar r<span class=\"_ _0\"></span>etornos pa<span class=\"_ _0\"></span>ra os A<span class=\"_ _0\"></span>cionistas ebenef\u00edcios p<span class=\"_ _0\"></span>ara os r<span class=\"_ _0\"></span>estantes <span class=\"ff7\">Sta<span class=\"_ _0\"></span>keholders<span class=\"_ _0\"></span><span class=\"ff1 ls6b\">;</span></span>ii.<span class=\"_\"> </span>Manter um<span class=\"_ _0\"></span>a estru<span class=\"_ _0\"></span>tura de c<span class=\"_ _0\"></span>apital s\u00f3lida par<span class=\"_ _0\"></span>a apoiar o d<span class=\"_ _0\"></span>esenvolv<span class=\"_ _0\"></span>imento do s<span class=\"_ _0\"></span>eu neg\u00f3c<span class=\"_ _0\"></span>io; eiii.<span class=\"_\"> </span>Manter um<span class=\"_ _0\"></span>a estrut<span class=\"_ _0\"></span>ura de cap<span class=\"_ _0\"></span>ital \u00f3tima qu<span class=\"_ _0\"></span>e lhe p<span class=\"_ _0\"></span>ermita red<span class=\"_ _0\"></span>uzir o custo d<span class=\"_ _0\"></span>o cap<span class=\"_ _0\"></span>ital.De forma a m<span class=\"_ _0\"></span>anter o<span class=\"_ _0\"></span>u ajustar <span class=\"_ _0\"></span>a estrutur<span class=\"_ _0\"></span>a de cap<span class=\"_ _0\"></span>ital, a Empr<span class=\"_ _0\"></span>esa pod<span class=\"_ _0\"></span>e ajustar o m<span class=\"_ _0\"></span>ontant<span class=\"_ _0\"></span>e de div<span class=\"_ _0\"></span>idendos a p<span class=\"_ _0\"></span>agar aos Ac<span class=\"_ _0\"></span>ionistas<span class=\"_ _0\"></span>, devolver c<span class=\"_ _0\"></span>apital aos <span class=\"_ _0\"></span>Acionistas, <span class=\"_ _0\"></span>emitir nova<span class=\"_ _0\"></span>s a\u00e7\u00f5es o<span class=\"_ _0\"></span>u vend<span class=\"_ _0\"></span>er ativos par<span class=\"_ _0\"></span>a reduzir <span class=\"_ _0\"></span>a d\u00edvida. Em linha com<span class=\"_ _0\"></span> o seto<span class=\"_ _0\"></span>r, a Empre<span class=\"_ _0\"></span>sa mon<span class=\"_ _0\"></span>itoriza o s<span class=\"_ _0\"></span>eu capita<span class=\"_ _0\"></span>l com base no <span class=\"_ _0\"></span>r\u00e1cio de <span class=\"ff7\">gearing<span class=\"_ _0\"></span><span class=\"ff1\">, defin<span class=\"_ _0\"></span>ido como a p<span class=\"_ _0\"></span>ropor\u00e7\u00e3o <span class=\"_ _0\"></span>entre a <span class=\"_ _0\"></span>d\u00edvida </span></span>l\u00edquida e o <span class=\"_ _0\"></span>capital tota<span class=\"_ _0\"></span>l. A d\u00edvida l\u00edqu<span class=\"_ _0\"></span>ida remun<span class=\"_ _0\"></span>erada \u00e9 <span class=\"_ _0\"></span>calculada c<span class=\"_ _0\"></span>omo o mo<span class=\"_ _0\"></span>ntante t<span class=\"_ _0\"></span>otal de empr<span class=\"_ _0\"></span>\u00e9stimos <span class=\"_ _0\"></span>(incluindo <span class=\"_ _0\"></span>as parcelas co<span class=\"_ _0\"></span>rrente<span class=\"_ _0\"></span>s e n\u00e3o cor<span class=\"_ _0\"></span>rentes como divu<span class=\"_ _0\"></span>lgado na fa<span class=\"_ _0\"></span>ce do ba<span class=\"_ _0\"></span>lan\u00e7o) ded<span class=\"_ _0\"></span>uzido dos mon<span class=\"_ _0\"></span>tantes de c<span class=\"_ _0\"></span>aixa e <span class=\"_ _0\"></span>equivalent<span class=\"_ _0\"></span>es de caixa.<span class=\"_ _0\"></span> O capital tot<span class=\"_ _0\"></span>al \u00e9 calcu<span class=\"_ _0\"></span>lado atrav<span class=\"_ _0\"></span>\u00e9s da soma do<span class=\"_ _0\"></span>s capita<span class=\"_ _0\"></span>is pr\u00f3prios (<span class=\"_ _0\"></span>como d<span class=\"_ _0\"></span>ivulgado na <span class=\"_ _0\"></span>Demonst<span class=\"_ _0\"></span>ra\u00e7\u00e3o d<span class=\"_ _0\"></span>a posi\u00e7\u00e3o f<span class=\"_ _0\"></span>inanceira), <span class=\"_ _0\"></span>excluind<span class=\"_ _0\"></span>o a\u00e7\u00f5es pr\u00f3p<span class=\"_ _0\"></span>rias e <span class=\"_ _0\"></span>interesses que n\u00e3o contro<span class=\"_ _0\"></span>lam, acre<span class=\"_ _0\"></span>scidos da d<span class=\"_ _0\"></span>\u00edvida l\u00edquida rem<span class=\"_ _0\"></span>unerada<span class=\"_ _0\"></span>. A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa c<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>cula<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>r\u00e1<span class=\"_ _0\"></span>cio <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span><span class=\"ff7\">ge<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span><span class=\"ff1\"> da<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a: </span></span>Valores em Euros<span class=\"_ _1\"></span> 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>21<span class=\"ls0\"> </span>Financiamentos<span class=\"_ _1\"></span> obtidos (Nota 5.6<span class=\"_ _1\"></span>) 985.446.453 933.165.634 Caixa e equiva<span class=\"_ _1\"></span>lentes de caixa (N<span class=\"_ _1\"></span>ota 5.8)<span class=\"_ _1\"></span> (390.640.161)<span class=\"_ _1\"></span> (354.336.647)<span class=\"_ _1\"></span> D\u00edvida l\u00edquid<span class=\"_ _1\"></span>a 594.806.292 578.828.987 Capitais pr\u00f3pr<span class=\"_ _1\"></span>ios 1.25<span class=\"ff28\">9.409.537</span> 1.044.827.184 A\u00e7\u00f5es pr\u00f3prias (N<span class=\"_ _1\"></span>ota 5.2) - - Capitais pr\u00f3prios, e<span class=\"_ _1\"></span>xcluindo a\u00e7<span class=\"_ _1\"></span>\u00f5es pr\u00f3prias<span class=\"_ _1\"></span> 1.25<span class=\"ff29\">9.409.537</span><span class=\"ws11\"> </span>1.044.827.184 Capital Total<span class=\"_ _1\"></span> 1.8<span class=\"ff29\">54.215.829</span><span class=\"ws11\"> </span>1.623.656.171 Gearing 32,<span class=\"ff29\">08</span>% 35,65% 5.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l s<span class=\"_ _3b\"></span>ocia<span class=\"_ _0\"></span>l e<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pr\u00f3<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s </span></span>A T<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny,<span class=\"_ _0\"></span> S.A.<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Eu<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>next<span class=\"_ _0\"></span> Lis<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>a. Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>a T<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>viga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>any<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A.<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> \u20ac5<span class=\"_ _0\"></span>00.<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>0.00<span class=\"_ _0\"></span>0 <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"ff1\">-<span class=\"_ _0\"></span>se t<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>scr<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>liza<span class=\"_ _0\"></span>do,<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>epr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tado<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or </span>71<span class=\"_ _0\"></span>1.1<span class=\"_ _0\"></span>83<span class=\"_ _0\"></span>.069<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>sem <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nal <span class=\"_ _0\"></span>(3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1: <span class=\"_ _0\"></span>71<span class=\"_ _0\"></span>1.18<span class=\"_ _0\"></span>3.<span class=\"_ _0\"></span>069<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span>). Em <span class=\"_ _0\"></span>Ass<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ble<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> Ger<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>atad<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>11 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1, <span class=\"_ _0\"></span>foi<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>libe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>edu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>apit<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 50<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>000<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0 e<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a 49<span class=\"_ _0\"></span>5.<span class=\"_ _0\"></span>597<span class=\"_ _0\"></span>.9<span class=\"_ _0\"></span>57,4<span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span>eur<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 4<span class=\"_ _0\"></span>.402<span class=\"_ _0\"></span>.04<span class=\"_ _0\"></span>2,5<span class=\"_ _0\"></span>1 eu<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pec<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 6<span class=\"_ _0\"></span>.316<span class=\"_ _0\"></span>.9<span class=\"_ _0\"></span>31 a<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>pr\u00f3<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> nom<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>san<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Soc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>r 7<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>.18<span class=\"_ _0\"></span>3.<span class=\"_ _0\"></span>069<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s or<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>ias <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> cir<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>egu<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pit<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 4<span class=\"_ _0\"></span>95.5<span class=\"_ _0\"></span>97<span class=\"_ _0\"></span>.95<span class=\"_ _0\"></span>7,4<span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span>eur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>500<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0.0<span class=\"_ _0\"></span>00 <span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do o<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o au<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 4.<span class=\"_ _0\"></span>40<span class=\"_ _0\"></span>2.0<span class=\"_ _0\"></span>42,<span class=\"_ _0\"></span>51<span class=\"_ _0\"></span> eur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, se<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>\u00fame<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5es, <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> por<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rpo<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>vre<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>(ex<span class=\"_ _0\"></span>ced<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>va l<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>al)<span class=\"_ _0\"></span>. Detentores de capital da Navigator Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>tinh<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>alifi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Soci<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>etal<span class=\"_ _0\"></span>hav<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue:<span class=\"_ _0\"></span> 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>21<span class=\"ls0\"> </span>Denomina\u00e7\u00e3o<span class=\"_ _1\"></span> N\u00ba de a\u00e7\u00f5es<span class=\"_ _0\"></span> % N\u00ba de a\u00e7\u00f5es<span class=\"_ _0\"></span> % Semapa, SGPS, S<span class=\"_ _1\"></span>.A.  497.617.299 <span class=\"_ _1\"></span> 69<span class=\"ls0\">,</span>97<span class=\"ls0\">% </span>497.617.299 <span class=\"_ _1\"></span> 69<span class=\"ls0\">,</span>97<span class=\"ls0\">% </span>Capital disperso<span class=\"_ _1\"></span> 213.565.770 <span class=\"_ _1\"></span> 30,03% 213.565.770 <span class=\"_ _1\"></span> 30,03% 711.183.069 <span class=\"_ _1\"></span> 100,0% 711.183.069 <span class=\"_ _1\"></span> 100,0% A\u00e7\u00f5es pr\u00f3prias <span class=\"ffa\">\u2013</span> movimentos 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>21<span class=\"ls0\"> </span>Valor Valor contabil\u00edstico contabil\u00edstico N\u00ba de a\u00e7\u00f5es<span class=\"_ _0\"></span> (Euros) N\u00ba de a\u00e7\u00f5es<span class=\"_ _0\"></span> (Euros) A\u00e7\u00f5es pr\u00f3prias de<span class=\"_ _1\"></span>tidas no in\u00edc<span class=\"_ _1\"></span>io do per\u00edodo<span class=\"_ _1\"></span> -  -  6.316.931 <span class=\"_ _1\"></span> 20.189.264 <span class=\"_ _1\"></span> Extin\u00e7\u00e3o no per<span class=\"_ _1\"></span>\u00edodo -  -  (6.316.931) (20.189.264)<span class=\"_ _1\"></span> A\u00e7\u00f5es pr\u00f3prias <span class=\"_ _1\"></span>no final do <span class=\"_ _1\"></span>per\u00edodo<span class=\"_ _1\"></span> -  -  -  -  As <span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span>m m<span class=\"_ _0\"></span>aio<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tari<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>dqui<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> du<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>08<span class=\"_ _0\"></span> e 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>2, b<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 2018<span class=\"ls0\"> e<span class=\"_ _0\"></span> 201<span class=\"_ _0\"></span>9,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>olu<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>c\u00edci<span class=\"_ _0\"></span>o ev<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>como<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>egue<span class=\"_ _0\"></span>: </span>2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Valores em Euros<span class=\"_ _1\"></span> Quant. Valor Quant. Valor A\u00e7\u00f5es pr\u00f3prias de<span class=\"_ _1\"></span>tidas em jan<span class=\"_ _1\"></span>eiro<span class=\"_ _1\"></span> - - 6.316.931 20.189.264 Extin\u00e7\u00e3o Janeiro - - - - Fevereiro - - - - Mar\u00e7o - - - - Abril - - - - Maio - - (6.316.931) (20.189.264)<span class=\"_ _1\"></span> Junho - - - - Julho - - - - Agosto - - - - Setembro - - - - Outubro - - - - Novembro - - - - Dezembro - - - - - - (6.316.931)<span class=\"_ _1\"></span> (20.189.264)<span class=\"_ _1\"></span> A\u00e7\u00f5es pr\u00f3prias de<span class=\"_ _1\"></span>tidas em dez<span class=\"_ _1\"></span>embro - - - - A 3<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"ws1c\">d<span class=\"_ _0\"></span><span class=\"ws0\">e 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span>, <span class=\"ws1d\">o <span class=\"_ _0\"></span><span class=\"ws0\">val<span class=\"_ _0\"></span>or <span class=\"_ _3b\"></span><span class=\"ff9\">unit\u00e1ri<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _3b\"></span>era <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span><span class=\"ws1e\">\u20ac<span class=\"ws0\">3<span class=\"_ _0\"></span>,45<span class=\"_ _0\"></span>4 <span class=\"ws1f\">(<span class=\"_ _0\"></span><span class=\"ws0\">31 <span class=\"_ _3b\"></span>de de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o de </span></span></span></span></span></span></span></span></span>2021: <span class=\"_ _0\"></span>\u20ac3,35) <span class=\"ws20\">e <span class=\"_ _0\"></span><span class=\"ws0\">a capitaliza\u00e7\u00e3o <span class=\"_ _0\"></span>bolsista da <span class=\"_ _0\"></span>Empresa <span class=\"_ _0\"></span>a esta <span class=\"_ _0\"></span>data de <span class=\"_ _3b\"></span>\u20ac2.456.426.320 (31 <span class=\"_ _0\"></span>de </span></span>dezembro <span class=\"ws1c\">de <span class=\"_ _0\"></span><span class=\"ws0\">2020: <span class=\"ws20\">\u20ac2.382.463.281), <span class=\"ws1d\">face <span class=\"_ _0\"></span><span class=\"ws0\">a um <span class=\"_ _3b\"></span>capital <span class=\"ws21\">pr\u00f3prio <span class=\"ws1c\">de </span></span>\u20ac1.25<span class=\"ff2a\">9.409.537</span><span class=\"ws1f\"> (31 </span>de </span></span></span></span></span>dezembro <span class=\"ws1c\">de <span class=\"_ _0\"></span><span class=\"ws0\">2021: <span class=\"ws20\">\u20ac1.044.82</span><span class=\"ff1\">7.184<span class=\"ff7 lsd\">).</span><span class=\"ws22\"> </span></span></span></span>Pol\u00edticas Contabil\u00edsticas As <span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _3b\"></span>ordin<span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>ias <span class=\"_ _0\"></span>s\u00e3<span class=\"_ _0\"></span>o cl<span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span><span class=\"ws1c\">c<span class=\"ws0\">ap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>omo <span class=\"_ _3b\"></span>capi<span class=\"_ _0\"></span>tal <span class=\"_ _0\"></span><span class=\"ws21\">s<span class=\"ws0\">oc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>. </span></span></span></span>Os <span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u\u00edvei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00e0 e<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00e3o <span class=\"_ _3b\"></span>de no<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>tros <span class=\"_ _3b\"></span>instr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>s\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>uma <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, <span class=\"ws1d\">l<span class=\"_ _0\"></span><span class=\"ws0\">\u00edqu<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span><span class=\"ws23\">d<span class=\"ws0\">e <span class=\"_ _0\"></span><span class=\"ws1e\">i<span class=\"ws0\">m<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r <span class=\"ws1e\">r<span class=\"_ _0\"></span><span class=\"ws0\">ece<span class=\"_ _0\"></span>bid<span class=\"_ _0\"></span>o <span class=\"ws1c\">r</span>e<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lta<span class=\"_ _0\"></span>nte </span></span></span></span></span></span></span></span>de<span class=\"_ _0\"></span>sta <span class=\"_ _3b\"></span>emiss<span class=\"_ _0\"></span>\u00e3o. <span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"ws21\">i<span class=\"_ _0\"></span><span class=\"ws0\">mp<span class=\"_ _0\"></span>ut\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00e0 e<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00e3o <span class=\"_ _3b\"></span>de no<span class=\"_ _0\"></span>vas <span class=\"_ _3b\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>op\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _3b\"></span>para <span class=\"_ _0\"></span>a aq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>um </span></span>ne<span class=\"_ _0\"></span>g\u00f3c<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>s\u00e3o <span class=\"_ _3b\"></span>deduz<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>valor <span class=\"_ _3b\"></span>da e<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span>. Qua<span class=\"_ _0\"></span>ndo <span class=\"_ _3b\"></span>tais <span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>seq<span class=\"_ _0\"></span>uen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ndid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ou <span class=\"_ _3b\"></span>reemi<span class=\"_ _0\"></span>tida<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>alqu<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>cebi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, l\u00edq<span class=\"_ _0\"></span>uido <span class=\"_ _3b\"></span>dos <span class=\"ws24\">g<span class=\"_ _0\"></span><span class=\"ws0\">as<span class=\"_ _0\"></span>tos <span class=\"_ _3b\"></span>de <span class=\"ws1e\">t</span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dir<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte <span class=\"_ _3b\"></span>atrib<span class=\"_ _0\"></span>u\u00edv<span class=\"_ _0\"></span>eis <span class=\"_ _0\"></span><span class=\"ws24\">e <span class=\"ws21\">d<span class=\"ws0\">e <span class=\"_ _3b\"></span>impos<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s, <span class=\"ws1d\">\u00e9 <span class=\"_ _0\"></span><span class=\"ws0\">re<span class=\"_ _0\"></span>flet<span class=\"_ _0\"></span>ido <span class=\"_ _3b\"></span>dire<span class=\"_ _0\"></span>tame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e </span></span></span></span></span></span></span>no <span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>pit<span class=\"_ _0\"></span>al <span class=\"ws21\">p<span class=\"_ _0\"></span><span class=\"ws0\">r\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>o e <span class=\"_ _3b\"></span>n\u00e3o <span class=\"ws1c\">e<span class=\"_ _0\"></span><span class=\"ws0\">m r<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"ws24\">d<span class=\"_ _0\"></span><span class=\"ws0\">o e<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>rc\u00edci<span class=\"_ _0\"></span>o. </span></span></span></span></span></span>5.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Resu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> a\u00e7\u00e3<span class=\"_ _0\"></span>o </span></span>2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Resultado atrib<span class=\"_ _1\"></span>u\u00edvel aos Acio<span class=\"_ _1\"></span>nistas da<span class=\"_ _1\"></span> Navigator (Euro<span class=\"_ _1\"></span>s) 392.537.070 171.411.455 N\u00famero total de a<span class=\"_ _1\"></span>\u00e7\u00f5es emitidas <span class=\"_ _1\"></span> 711.183.069 711.183.069 N\u00famero m\u00e9dio de a<span class=\"_ _1\"></span>\u00e7\u00f5es pr\u00f3pr<span class=\"_ _1\"></span>ias em carteira - - N\u00famero m\u00e9dio p<span class=\"_ _1\"></span>onderado de<span class=\"_ _1\"></span> a\u00e7\u00f5es 711.183.069 711.183.069 Resultado b\u00e1sico por a<span class=\"_ _1\"></span>\u00e7\u00e3o (E<span class=\"_ _1\"></span>uros) 0,552 0,241 Resultado dilu\u00eddo p<span class=\"_ _1\"></span>or a\u00e7\u00e3o (Eu<span class=\"_ _1\"></span>ros) 0,552 0,241 Pol\u00edticas Contabil\u00edsticas O r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>\u00e1sic<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>\u00e9 a<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>div<span class=\"_ _0\"></span>is\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> lu<span class=\"_ _0\"></span>cro<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>prej<span class=\"_ _0\"></span>u\u00edz<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> aos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>\u00e1rio<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>n\u00fam<span class=\"_ _0\"></span>ero<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>onde<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n\u00e1ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>cir<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>duran<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>o. Par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>alc<span class=\"_ _0\"></span>ular<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dil<span class=\"_ _0\"></span>u\u00eddo<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a aj<span class=\"_ _3b\"></span>usta <span class=\"_ _0\"></span>os l<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> ou pr<span class=\"_ _0\"></span>eju<span class=\"_ _0\"></span>\u00edzo<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bu\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>det<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ordi<span class=\"_ _0\"></span>n\u00e1<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l pr<span class=\"_ _0\"></span>\u00f3p<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>, be<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span> n\u00fa<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ro m<span class=\"_ _0\"></span>\u00e9d<span class=\"_ _0\"></span>io po<span class=\"_ _0\"></span>nder<span class=\"_ _3b\"></span>ado d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> cir<span class=\"_ _0\"></span>cul<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>fei<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>oda<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>enc<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ordi<span class=\"_ _0\"></span>n\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> dil<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>as. 5.4.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Divi<span class=\"_ _0\"></span>den<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s </span></span>Montante Dividendos Valores em Euros<span class=\"_ _1\"></span> atribu\u00eddo por a\u00e7\u00e3o Atribui\u00e7\u00f5es em <span class=\"_ _1\"></span>2022 Distribui\u00e7\u00e3o de re<span class=\"_ _1\"></span>sultados trans<span class=\"_ _1\"></span>itados 131.632.875 0,185 Distribui\u00e7\u00e3o de re<span class=\"_ _1\"></span>servas <span class=\"_ _1\"></span> 118.355.086 0,166 Atribui\u00e7\u00f5es em <span class=\"_ _1\"></span>2021 Distribui\u00e7\u00e3o de re<span class=\"_ _1\"></span>sultados trans<span class=\"_ _1\"></span>itados 99.565.630 0,140 Distribui\u00e7\u00e3o de <span class=\"_ _1\"></span>dividendos antec<span class=\"_ _1\"></span>ipados 49.996.170 0,070 Em <span class=\"_ _0\"></span>Ass<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ble<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> Ger<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>27<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>The <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Comp<span class=\"_ _0\"></span>any<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r \u00e0<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ibui<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac9<span class=\"_ _0\"></span>9.<span class=\"_ _0\"></span>992<span class=\"_ _0\"></span>.34<span class=\"_ _0\"></span>0.<span class=\"ff1\"> </span>Em <span class=\"_ _0\"></span>Ass<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ble<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> Ger<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 21<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2, <span class=\"_ _0\"></span>a T<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Comp<span class=\"_ _0\"></span>any<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A.<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r \u00e0<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ibui<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>glo<span class=\"_ _0\"></span>bal<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>\u20ac1<span class=\"_ _0\"></span>49.<span class=\"_ _0\"></span>995<span class=\"_ _0\"></span>.6<span class=\"_ _0\"></span>21,<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s \u20ac1<span class=\"_ _0\"></span>18.<span class=\"_ _0\"></span>35<span class=\"_ _0\"></span>5.08<span class=\"_ _0\"></span>6 <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s da<span class=\"_ _0\"></span> ru<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> O<span class=\"_ _0\"></span>utra<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>vas <span class=\"_ _0\"></span>e \u20ac<span class=\"_ _0\"></span>31<span class=\"_ _0\"></span>.64<span class=\"_ _0\"></span>0.5<span class=\"_ _0\"></span>35<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>scri<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ubri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span><span class=\"ff1\"> </span>de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>itad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>. Em <span class=\"_ _0\"></span>Ass<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ble<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> Ger<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>13<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>The <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Comp<span class=\"_ _0\"></span>any<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r \u00e0<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ibui<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac9<span class=\"_ _0\"></span>9.<span class=\"_ _0\"></span>565<span class=\"_ _0\"></span>.63<span class=\"_ _0\"></span>0.No<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>16 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>1 o<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>elh<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> A<span class=\"_ _0\"></span>dmi<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>pany<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A.<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>libe<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>r u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>adia<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s l<span class=\"_ _0\"></span>ucro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> Ac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nist<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>49<span class=\"_ _0\"></span>.996<span class=\"_ _0\"></span>.1<span class=\"_ _0\"></span>70 eu<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>equ<span class=\"_ _0\"></span>ival<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>il\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>0,0<span class=\"_ _0\"></span>703<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>uros<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>. Pol\u00edticas Contabil\u00edsticas A d<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> aos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> rec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>vo n<span class=\"_ _0\"></span>as Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>divi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>Acio<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>s em<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>mble<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>Ge<span class=\"_ _0\"></span>ral <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ua l<span class=\"_ _0\"></span>iqu<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>u, <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>ndo-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>pad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>uand<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>elho<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> A<span class=\"_ _0\"></span>dmi<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>. 5.5.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Rese<span class=\"_ _0\"></span>rva<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e Re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sita<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s </span></span>Valores em Euros<span class=\"_ _1\"></span> 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>21<span class=\"ls0\"> </span>Reservas por apli<span class=\"_ _1\"></span>ca\u00e7\u00e3o do MEP (405.228.340)<span class=\"_ _1\"></span> (437.672.593)<span class=\"_ _1\"></span> Reserva de justo va<span class=\"_ _1\"></span>lor  33.997.828 (5.604.076) Reserva lega<span class=\"_ _1\"></span>l  100.000.000 100.000.000 Reservas livres <span class=\"_ _1\"></span> 3.481.014 121.836.100 Outras reservas <span class=\"_ _1\"></span> (2.377.265) (2.377.265) Resultados tran<span class=\"_ _1\"></span>sitados  63<span class=\"ff2b\">6.999.230</span><span class=\"ws17\"> </span>647.229.733 Reservas e resultado<span class=\"_ _1\"></span>s transita<span class=\"_ _1\"></span>dos 36<span class=\"ff2c\">6.872.467</span><span class=\"ws11\"> </span>423.411.899 Reserva por aplica\u00e7\u00e3o do MEP <span class=\"ffa\">\u2013</span> Detalhe Denomina\u00e7\u00e3o Soc<span class=\"_ _1\"></span>ial 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>21<span class=\"ls0\"> </span>Empresas sub<span class=\"_ _1\"></span>sidi\u00e1rias <span class=\"_ _1\"></span> Navigator Internac<span class=\"_ _1\"></span>ional Holdin<span class=\"_ _1\"></span>g SGPS, S.A. -(4.027.714)Sociedade de V<span class=\"_ _1\"></span>inhos  (352) - Navigator Brands,<span class=\"_ _1\"></span> S.A.  (493.026.037)<span class=\"_ _1\"></span> (496.755.521)<span class=\"_ _1\"></span> Navigator Pulp A<span class=\"_ _1\"></span>veiro, S.A.  <span class=\"_ _1\"></span> (7.936.300) (7.936.300) Enerpulp, S.A. <span class=\"_ _1\"></span> 154.000 154.000 Navigator Parques <span class=\"_ _1\"></span>Industriais, S.A<span class=\"_ _1\"></span>. <span class=\"_ _1\"></span> (1.499.368) (1.499.368) Portucel Mo\u00e7amb<span class=\"_ _1\"></span>ique, S.A. <span class=\"_ _1\"></span> 24.336.582 (139.396) Navigator Pulp Set\u00faba<span class=\"_ _1\"></span>l, S.A.  <span class=\"_ _1\"></span> 154.000 154.000 Navigator Pulp F<span class=\"_ _1\"></span>igueira, S.A.  <span class=\"_ _1\"></span> 615.945 615.945 Navigator Forest Portu<span class=\"_ _1\"></span>gal, S.A. <span class=\"_ _1\"></span> (735.406) (572.996) Navigator Paper Set\u00fa<span class=\"_ _1\"></span>bal, S.A.  <span class=\"_ _1\"></span> (11.396.307) (9.956.752) Navigtor Tissue A<span class=\"_ _1\"></span>veiro, S.A.  <span class=\"_ _1\"></span> 2.117.121 2.117.121 Navigator Paper <span class=\"_ _1\"></span>Figueira, S.A. <span class=\"_ _1\"></span> 79.783.696 79.783.696 RAIZ - Inst.In<span class=\"_ _1\"></span>vestiga\u00e7\u00e3o Floresta<span class=\"_ _1\"></span> e Papel <span class=\"_ _1\"></span> 666.739 398.250 Emprem\u00e9dia <span class=\"_ _1\"></span> 234.017 249.752 Empremedia DAC <span class=\"_ _1\"></span> 1.325.871 (246.192) Navigator Paper Me<span class=\"_ _1\"></span>xico  (22.522) (11.080) Navigator Egypt <span class=\"_ _1\"></span> (19) (40) Subsidi\u00e1rias (405.228.340)<span class=\"_ _1\"></span> (437.672.593)<span class=\"_ _1\"></span> Reserva de justo valor <span class=\"ffa\">\u2013</span> Detalhe  31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>21<span class=\"ls0\"> </span>Valores em Euros<span class=\"_ _1\"></span> Valor bruto<span class=\"_ _0\"></span> Imposto Valor l\u00edquido<span class=\"_ _0\"></span> Valor bruto<span class=\"_ _0\"></span> Imposto Valor l\u00edquido Cobertura risco ta<span class=\"_ _1\"></span>xa de juro<span class=\"_ _1\"></span> 30.899.904 <span class=\"_ _1\"></span> (8.497.474) 22.402.430 <span class=\"_ _1\"></span> (2.231.713)<span class=\"_ _1\"></span> 613.722  (1.617.992) Cobertura risco cam<span class=\"_ _1\"></span>bial<span class=\"_ _1\"></span> 15.993.652 <span class=\"_ _1\"></span> (4.398.254) 11.595.398 <span class=\"_ _1\"></span> (5.498.048)<span class=\"_ _1\"></span> 1.511.963 <span class=\"_ _1\"></span> (3.986.085) 46.893.556 <span class=\"_ _1\"></span> (12.895.728)<span class=\"_ _1\"></span> 33.997.828 <span class=\"_ _1\"></span> (7.729.761)<span class=\"_ _1\"></span> 2.125.685  (5.604.076)<span class=\"_ _1\"></span> Reserva de justo valor <span class=\"ffa\">\u2013</span> Movimentos Valores em Euros<span class=\"_ _1\"></span> 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>21<span class=\"ls0\"> </span>Saldo inicial <span class=\"_ _1\"></span> (5.604.076)<span class=\"_ _1\"></span> (6.641.368)<span class=\"_ _1\"></span> Varia\u00e7\u00e3o do justo<span class=\"_ _1\"></span> valor de instru<span class=\"_ _1\"></span>mentos finance<span class=\"_ _1\"></span>iros derivados (Not<span class=\"_ _1\"></span>a 8.2) <span class=\"_ _1\"></span> 54.623.316 <span class=\"_ _1\"></span> 1.430.747 <span class=\"_ _1\"></span> Imposto difer<span class=\"_ _1\"></span>ido (Nota 6.2) <span class=\"_ _1\"></span> (15.021.412) (393.455) Saldo final  33.997.828 <span class=\"_ _1\"></span> (5.604.076)<span class=\"_ _1\"></span> O <span class=\"ls0\">mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>do c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> Va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ncei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> </span>no <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e \u20ac<span class=\"_ _0\"></span>54<span class=\"_ _0\"></span>,6 <span class=\"_ _0\"></span>milh<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>ui:<span class=\"_ _0\"></span> a)<span class=\"_ _0\"></span> Tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cias<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no mo<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e  \u20ac<span class=\"_ _0\"></span>29<span class=\"_ _0\"></span>,3<span class=\"_ _0\"></span> mil<span class=\"_ _0\"></span>h\u00f5e<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s; b<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>Vari<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> jus<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>n<span class=\"ff1\">t<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>finan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os </span>de<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cobe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u20ac83,<span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span>mil<span class=\"_ _0\"></span>h\u00f5e<span class=\"_ _0\"></span>s.<span class=\"ff1\"> </span>Pol\u00edticas Contabil\u00edsticas Re<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> apli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> MEP<span class=\"_ _0\"></span> Cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>e \u00e0<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>aria<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>umu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>subs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>da Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> cuj<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>inve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o \u00e9 m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> m\u00e9<span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>al\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>Nota<span class=\"_ _0\"></span> 10<span class=\"_ _0\"></span>.1<span class=\"_ _0\"></span>). De <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> le<span class=\"_ _0\"></span>gisl<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stas<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>\u00e3o s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edv<span class=\"_ _0\"></span>eis. Re<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> Cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>e \u00e0<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>aria<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>umu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>do j<span class=\"_ _3b\"></span>usto <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>ertu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> (N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 8<span class=\"_ _0\"></span>.2)<span class=\"_ _0\"></span>, l\u00ed<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s. As <span class=\"_ _0\"></span>var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>ecl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>sult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>o (<span class=\"_ _0\"></span>Not<span class=\"_ _0\"></span>a 5.1<span class=\"_ _0\"></span>0)<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> afe<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> rub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o \u00e9 <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>cicl<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>. Re<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>leg<span class=\"_ _0\"></span>al A l<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sl<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>abe<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ce q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>pelo<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s, 5<span class=\"_ _0\"></span>% <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o l<span class=\"_ _0\"></span>\u00edq<span class=\"_ _0\"></span>uido<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>nual<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>do a<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>r\u00e7<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>eser<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span> le<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>20%<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o ca<span class=\"_ _0\"></span>pit<span class=\"_ _0\"></span>al soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l. <span class=\"_ _0\"></span>Es<span class=\"_ _0\"></span>ta r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>erv<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>\u00e9 d<span class=\"_ _0\"></span>istr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>quid<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Soc<span class=\"_ _0\"></span>ied<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e. <span class=\"_ _0\"></span>Pod<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00e1, con<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>do,<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>abso<span class=\"_ _0\"></span>rv<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ju\u00ed<span class=\"_ _0\"></span>zos<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>ois <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>s, o<span class=\"_ _0\"></span>u in<span class=\"_ _0\"></span>corp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>. A r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>va l<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tra-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>itu\u00ed<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> seu<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>mit<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>m\u00e1xi<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>ntad<span class=\"_ _0\"></span>os.<span class=\"_ _0\"></span> Out<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>erv<span class=\"_ _0\"></span>as Est<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>itu\u00ed<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>r\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>nter<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>outr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>vim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>. N<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>trib<span class=\"_ _0\"></span>u\u00edve<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>o val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 5.<span class=\"_ _0\"></span>2),<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>o ca<span class=\"_ _0\"></span>so.<span class=\"_ _0\"></span> 5.6.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>bt<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s </span></span>31/12/22 31/12/21 N\u00e3o N\u00e3o Valores em Euros<span class=\"_ _1\"></span> Corrente Corrente Total Corrente Corrente Total Empr\u00e9stimos por <span class=\"_ _1\"></span>obriga\u00e7\u00f5es<span class=\"_ _1\"></span> 420<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>22<span class=\"ls0\">.</span>500<span class=\"ls0\">.000  </span>442<span class=\"ls0\">.</span>500<span class=\"ls0\">.000  </span>442<span class=\"ls0\">.</span>500<span class=\"ls0\">.000  </span>2.<span class=\"ls24\">500</span>.<span class=\"ls24\">000</span> 445<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>Papel Comerc<span class=\"_ _1\"></span>ial 105<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>35<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>140<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>140<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>100<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>240<span class=\"ls0\">.</span>000<span class=\"ls0\">.000  </span>Empr\u00e9stimos ban<span class=\"_ _1\"></span>c\u00e1rios<span class=\"_ _1\"></span> 91<span class=\"ls0\">.</span>511<span class=\"ls0\">.905  </span>17<span class=\"ls0\">.</span>575<span class=\"ls0\">.396  </span>109<span class=\"ls0\">.</span>087<span class=\"ls0\">.301  </span>109<span class=\"ls0\">.</span>087<span class=\"ls0\">.301  </span>12<span class=\"ls0\">.</span>718<span class=\"ls0\">.254  </span>121<span class=\"ls0\">.</span>805<span class=\"ls0\">.555  </span>Encargos com emi<span class=\"_ _1\"></span>ss\u00e3o de obriga\u00e7<span class=\"_ _1\"></span>\u00f5es<span class=\"_ _1\"></span> (3<span class=\"ls0\">.<span class=\"ls24\">480</span>.083)<span class=\"_ _1\"></span> </span>-  (3<span class=\"ls0\">.<span class=\"ls24\">480</span>.083)<span class=\"_ _1\"></span> </span>(3<span class=\"ls0\">.<span class=\"ls24\">415</span>.421)<span class=\"_ _1\"></span> </span>-  (3<span class=\"ls0\">.<span class=\"ls24\">415</span>.421)<span class=\"_ _1\"></span> </span>Cash pooling Gru<span class=\"_ _1\"></span>po Navigator<span class=\"_ _1\"></span> -  297<span class=\"ls0\">.</span>339<span class=\"ls0\">.235  </span>297<span class=\"ls0\">.</span>339<span class=\"ls0\">.235  </span>-  129<span class=\"ls0\">.</span>775<span class=\"ls0\">.499  </span>129<span class=\"ls0\">.</span>775<span class=\"ls0\">.499  </span>T\u00edtulos de d\u00edvid<span class=\"_ _1\"></span>a e d\u00edvid<span class=\"_ _1\"></span>a banc\u00e1ria<span class=\"_ _1\"></span> 613<span class=\"ls0\">.031.8<span class=\"_ _1\"></span>22  </span>372<span class=\"ls0\">.414.6<span class=\"_ _1\"></span>31  </span>985<span class=\"ls0\">.446.4<span class=\"_ _1\"></span>53  </span>688<span class=\"ls0\">.171.8<span class=\"_ _1\"></span>81  </span>244<span class=\"ls0\">.993.7<span class=\"_ _1\"></span>53  </span>933<span class=\"ls0\">.165.6<span class=\"_ _1\"></span>33  </span>Taxa m\u00e9dia d<span class=\"_ _1\"></span>e juro, considerand<span class=\"_ _1\"></span>o encargos com co<span class=\"_ _1\"></span>miss\u00f5es an<span class=\"_ _1\"></span>uais e 1,5% 1,5% opera\u00e7\u00f5es de<span class=\"_ _1\"></span> cobertura<span class=\"_ _1\"></span> No<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 a <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tiu <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pr\u00e9<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>igac<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u20ac1<span class=\"_ _0\"></span>50 mi<span class=\"_ _0\"></span>lh\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m m<span class=\"_ _0\"></span>atur<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 20<span class=\"_ _0\"></span>28<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Su<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>inab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ty-<span class=\"_ _0\"></span>Lin<span class=\"_ _0\"></span>ked<span class=\"_ _0\"></span> Bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s F<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>mewor<span class=\"_ _0\"></span>k,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o em<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>mul<span class=\"_ _0\"></span>t\u00e2n<span class=\"_ _0\"></span>eo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ols<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> ant<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>iame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>smo<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>v\u00e1<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>o at\u00e9<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3. Est<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>uiu <span class=\"_ _0\"></span>para<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ext<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>\u00edvi<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>, be<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a a re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nciam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa,<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>\u00e9m <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>di\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> aj<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ao cum<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>sos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>. As<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ondi<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>do e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>\u00e3o in<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>xad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>r\u00eas<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dica<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> ESG<span class=\"_ _0\"></span> j\u00e1<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sent<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Ag<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Sus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>, po<span class=\"_ _0\"></span>r u<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>vez<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>alin<span class=\"_ _0\"></span>had<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>os O<span class=\"_ _0\"></span>bj<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> D<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>lvi<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o S<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> das<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> Uni<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>. A <span class=\"_ _0\"></span>an\u00e1l<span class=\"_ _3b\"></span>ise d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>iam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00e9 a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>8.1<span class=\"_ _0\"></span>.3<span class=\"_ _0\"></span> - <span class=\"_ _0\"></span>Risc<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>. Financiamentos obtidos <span class=\"ffa\">\u2013</span> Detalhe 31/12/22 Montante N\u00e3o Valores em Euros<span class=\"_ _1\"></span> Montante em d\u00edvida<span class=\"_ _0\"></span> Vencimento<span class=\"_ _0\"></span> Taxa de juro Corrente Corrente Empr\u00e9stimos p<span class=\"_ _1\"></span>or obriga\u00e7\u00f5es<span class=\"_ _1\"></span> Navigator 2022-20<span class=\"_ _1\"></span>28 ESG 150.000.000 150.000.000 junho 2028 T<span class=\"_ _0\"></span>ax<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>v<span class=\"_ _3b\"></span>ari<span class=\"_ _3b\"></span>\u00e1v<span class=\"_ _3b\"></span>el<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ex<span class=\"_ _3b\"></span>ad<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _3b\"></span>Eu<span class=\"_ _3b\"></span>ri<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>, <span class=\"_ _3b\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap<span class=\"_ _3b\"></span> p<span class=\"_ _3b\"></span>ar<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span> t<span class=\"_ _3b\"></span>ax<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _3b\"></span>xa<span class=\"_ _0\"></span> -150.000.000Navigator 2019-20<span class=\"_ _1\"></span>26 50.000.000 50.000.000 janeiro 2026<span class=\"_ _1\"></span> Taxa Fixa -50.000.000Navigator 2019-20<span class=\"_ _1\"></span>25 50.000.000 50.000.000 mar\u00e7o 2025 T<span class=\"_ _0\"></span>ax<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>v<span class=\"_ _3b\"></span>ari<span class=\"_ _3b\"></span>\u00e1v<span class=\"_ _3b\"></span>el<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ex<span class=\"_ _3b\"></span>ad<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _3b\"></span>Eu<span class=\"_ _3b\"></span>ri<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>, <span class=\"_ _3b\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap<span class=\"_ _3b\"></span> p<span class=\"_ _3b\"></span>ar<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span> t<span class=\"_ _3b\"></span>ax<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _3b\"></span>xa<span class=\"_ _0\"></span> 20.000.000 30.000.000Navigator 2021-20<span class=\"_ _1\"></span>26 17.500.000 17.500.000 abril 2026 Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 2.500.000 15.000.000 Navigator 2020-20<span class=\"_ _1\"></span>26 75.000.000 75.000.000 dezembro 2026<span class=\"_ _1\"></span> T<span class=\"_ _0\"></span>ax<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>v<span class=\"_ _3b\"></span>ari<span class=\"_ _3b\"></span>\u00e1v<span class=\"_ _3b\"></span>el<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ex<span class=\"_ _3b\"></span>ad<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _3b\"></span>Eu<span class=\"_ _3b\"></span>ri<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>, <span class=\"_ _3b\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap<span class=\"_ _3b\"></span> p<span class=\"_ _3b\"></span>ar<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span> t<span class=\"_ _3b\"></span>ax<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _3b\"></span>xa<span class=\"_ _0\"></span> -75.000.000Navigator 2021-20<span class=\"_ _1\"></span>26 100.000.000 100.000.000 agosto 2026 T<span class=\"_ _0\"></span>ax<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>v<span class=\"_ _3b\"></span>ari<span class=\"_ _3b\"></span>\u00e1v<span class=\"_ _3b\"></span>el<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ex<span class=\"_ _3b\"></span>ad<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _3b\"></span>Eu<span class=\"_ _3b\"></span>ri<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>, <span class=\"_ _3b\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap<span class=\"_ _3b\"></span> p<span class=\"_ _3b\"></span>ar<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span> t<span class=\"_ _3b\"></span>ax<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _3b\"></span>xa<span class=\"_ _0\"></span> -100.000.000Comiss\u00f5es -(3.480.083)-(3.480.083)Banco Europeu d<span class=\"_ _1\"></span>e Investiment<span class=\"_ _1\"></span>o Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Energia 14.166.667 14.166.667 dezembro 2024<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 7.083.333 7.083.334 Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Cacia 15.277.778 15.277.777 maio 2028 Taxa Fixa 2.777.777 12.500.000 Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Figueira<span class=\"_ _1\"></span> 37.142.857 37.142.857 fevereiro 2029 Taxa Fixa 5.714.286 31.428.571 Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Biomass Bo<span class=\"_ _1\"></span>iler 27.500.000 27.500.000 mar\u00e7o 2031 Taxa Fixa -27.500.000Programa de<span class=\"_ _1\"></span> Papel Comerci<span class=\"_ _1\"></span>al Programa de Pape<span class=\"_ _1\"></span>l Comercial 175<span class=\"_ _1\"></span>M 140.000.000 140.000.000 fevereiro 2026 Taxa Fixa 35.000.000 105.000.000 Programa de Pape<span class=\"_ _1\"></span>l Comercial 65M<span class=\"_ _1\"></span> 65.000.000 -fevereiro 2026Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> - - Programa de Pape<span class=\"_ _1\"></span>l Comercial 75M<span class=\"_ _1\"></span> 75.000.000 -janeiro 2026Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> - - Programa de Pape<span class=\"_ _1\"></span>l Comercial 50M<span class=\"_ _1\"></span> 50.000.000 -dezembro 2025Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> - - Financiamentos<span class=\"_ _1\"></span> Financiamento <span class=\"_ _1\"></span>longo prazo<span class=\"_ _1\"></span> 15.000.000 15.000.000 mar\u00e7o 2026 Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 2.000.000 13.000.000 Linhas banc\u00e1ria<span class=\"_ _1\"></span>s   Linha curto prazo<span class=\"_ _1\"></span> 20M 20.450.714 - - - Cash Pooling<span class=\"_ _1\"></span> Li<span class=\"_ _3b\"></span>nha <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>h <span class=\"_ _0\"></span>Po<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>upo<span class=\"_ _3b\"></span> Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> 297.339.235 297.339.235 -297.339.235- 985.446.453 372.414.631613.031.822 31/12/21 Montante <span class=\"_ _0\"></span> N\u00e3o Valores em Euros<span class=\"_ _1\"></span> Montante  em d\u00edvida<span class=\"_ _0\"></span> Vencimento<span class=\"_ _0\"></span> Taxa de juro Corrente  Corrente Empr\u00e9stimos p<span class=\"_ _1\"></span>or obriga\u00e7\u00f5es<span class=\"_ _1\"></span> Navigator 2015-20<span class=\"_ _1\"></span>23 150.000.000 <span class=\"_ _1\"></span> 150.000.000 <span class=\"_ _1\"></span> setembro 2023<span class=\"_ _1\"></span> T<span class=\"_ _0\"></span>ax<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>v<span class=\"_ _3b\"></span>ari<span class=\"_ _3b\"></span>\u00e1v<span class=\"_ _3b\"></span>el<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ex<span class=\"_ _3b\"></span>ad<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _3b\"></span>Eu<span class=\"_ _3b\"></span>ri<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>, <span class=\"_ _3b\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap<span class=\"_ _3b\"></span> p<span class=\"_ _3b\"></span>ar<span class=\"_ _0\"></span>a <span class=\"_ _3b\"></span>ta<span class=\"_ _3b\"></span>xa<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>fi<span class=\"_ _3b\"></span>xa<span class=\"_ _0\"></span> -  150.000.000 <span class=\"_ _1\"></span> Navigator 2019-20<span class=\"_ _1\"></span>26 50.000.000 <span class=\"_ _1\"></span> 50.000.000 <span class=\"_ _1\"></span> janeiro 2026<span class=\"_ _1\"></span> Taxa Fixa -  50.000.000 <span class=\"_ _1\"></span> Navigator 2019-20<span class=\"_ _1\"></span>25 50.000.000 <span class=\"_ _1\"></span> 50.000.000 <span class=\"_ _1\"></span> mar\u00e7o 2025 T<span class=\"_ _0\"></span>ax<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>v<span class=\"_ _3b\"></span>ari<span class=\"_ _3b\"></span>\u00e1v<span class=\"_ _3b\"></span>el<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ex<span class=\"_ _3b\"></span>ad<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _3b\"></span>Eu<span class=\"_ _3b\"></span>ri<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>, <span class=\"_ _3b\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap<span class=\"_ _3b\"></span> p<span class=\"_ _3b\"></span>ar<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span> t<span class=\"_ _3b\"></span>ax<span class=\"_ _3b\"></span>a f<span class=\"_ _3b\"></span>ix<span class=\"_ _3b\"></span>a -  50.000.000 <span class=\"_ _1\"></span> Navigator 2021-20<span class=\"_ _1\"></span>26 20.000.000 <span class=\"_ _1\"></span> 20.000.000 <span class=\"_ _1\"></span> abril 2026 Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 2.500.000 <span class=\"_ _1\"></span> 17.500.000 <span class=\"_ _1\"></span> Navigator 2020-20<span class=\"_ _1\"></span>26 75.000.000 <span class=\"_ _1\"></span> 75.000.000 <span class=\"_ _1\"></span> dezembro 2026<span class=\"_ _1\"></span> T<span class=\"_ _0\"></span>ax<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>v<span class=\"_ _3b\"></span>ari<span class=\"_ _3b\"></span>\u00e1v<span class=\"_ _3b\"></span>el<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ex<span class=\"_ _3b\"></span>ad<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>\u00e0 <span class=\"_ _3b\"></span>Eu<span class=\"_ _3b\"></span>ri<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>, <span class=\"_ _3b\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ap<span class=\"_ _3b\"></span> p<span class=\"_ _3b\"></span>ar<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span> t<span class=\"_ _3b\"></span>ax<span class=\"_ _3b\"></span>a <span class=\"_ _0\"></span>fi<span class=\"_ _3b\"></span>xa<span class=\"_ _0\"></span> -  75.000.000 <span class=\"_ _1\"></span> Navigator 2021-20<span class=\"_ _1\"></span>26 100.000.000 <span class=\"_ _1\"></span> 100.000.000 <span class=\"_ _1\"></span> agosto 2026 Taxa Fixa -  100.000.000 <span class=\"_ _1\"></span> Comiss\u00f5es -  (3.415.421) -  (3.415.421) Banco Europeu d<span class=\"_ _1\"></span>e Investiment<span class=\"_ _1\"></span>o Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Energia 21.250.000 <span class=\"_ _1\"></span> 21.250.000 <span class=\"_ _1\"></span> dezembro 2024<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Eur<span class=\"_ _1\"></span>ibor 7.083.333 <span class=\"_ _1\"></span> 14.166.667 <span class=\"_ _1\"></span> Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Cacia 18.055.555 <span class=\"_ _1\"></span> 18.055.555 <span class=\"_ _1\"></span> maio 2028 Taxa Fixa 2.777.778 <span class=\"_ _1\"></span> 15.277.777 <span class=\"_ _1\"></span> Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Figueira<span class=\"_ _1\"></span> 40.000.000 <span class=\"_ _1\"></span> 40.000.000 <span class=\"_ _1\"></span> fevereiro 2029 Taxa Fixa 2.857.143 <span class=\"_ _1\"></span> 37.142.857 <span class=\"_ _1\"></span> Empr\u00e9stimo BEI<span class=\"_ _1\"></span> Biomass B<span class=\"_ _1\"></span>oiler 27.500.000 <span class=\"_ _1\"></span> 27.500.000 <span class=\"_ _1\"></span> mar\u00e7o 2031 Taxa Fixa -  27.500.000 <span class=\"_ _1\"></span> Programa de<span class=\"_ _1\"></span> Papel Comerci<span class=\"_ _1\"></span>al Programa de Pape<span class=\"_ _1\"></span>l Comercial 175<span class=\"_ _1\"></span>M 175.000.000 <span class=\"_ _1\"></span> 175.000.000 <span class=\"_ _1\"></span> fevereiro 2026 Taxa Fixa 35.000.000 <span class=\"_ _1\"></span> 140.000.000 <span class=\"_ _1\"></span> Programa de Pape<span class=\"_ _1\"></span>l Comercial 65M<span class=\"_ _1\"></span> 65.000.000 <span class=\"_ _1\"></span> 65.000.000 <span class=\"_ _1\"></span> janeiro 2022<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 65.000.000 <span class=\"_ _1\"></span> -  Programa de Pape<span class=\"_ _1\"></span>l Comercial 75M<span class=\"_ _1\"></span> 75.000.000 <span class=\"_ _1\"></span> -  fevereiro 2026 Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> - -  Programa de Pape<span class=\"_ _1\"></span>l Comercial 50M<span class=\"_ _1\"></span> 50.000.000 <span class=\"_ _1\"></span> -  dezembro 2025<span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Eurib<span class=\"_ _1\"></span>or - -  Financiamentos<span class=\"_ _1\"></span> Financiamento <span class=\"_ _1\"></span>longo prazo<span class=\"_ _1\"></span> 15.000.000 <span class=\"_ _1\"></span> 15.000.000 <span class=\"_ _1\"></span> mar\u00e7o 2026 Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 15.000.000 <span class=\"_ _1\"></span> Linhas banc\u00e1ria<span class=\"_ _1\"></span>s   Linha curto prazo<span class=\"_ _1\"></span> 20M 20.450.714 <span class=\"_ _1\"></span> -  -  - Cash Pooling<span class=\"_ _1\"></span> Li<span class=\"_ _0\"></span>nha <span class=\"_ _0\"></span>de C<span class=\"_ _0\"></span>ash P<span class=\"_ _0\"></span>ooli<span class=\"_ _0\"></span>ng G<span class=\"_ _0\"></span>rupo<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vigat<span class=\"_ _0\"></span>or 129.775.499 <span class=\"_ _1\"></span> 129.775.499 <span class=\"_ _1\"></span> Taxa vari\u00e1ve<span class=\"_ _1\"></span>l indexada \u00e0 Euribor<span class=\"_ _1\"></span> 129.775.499 <span class=\"_ _1\"></span> - 933.165.633 <span class=\"_ _1\"></span> 244.993.753 <span class=\"_ _1\"></span> 688.171.881 <span class=\"_ _1\"></span> Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1, o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>m\u00e9d<span class=\"_ _0\"></span>io d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>d\u00ed<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>a, c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>eran<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>os en<span class=\"_ _0\"></span>car<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>nuai<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rtur<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 1.5<span class=\"_ _0\"></span>% (<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>20 <span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e 1<span class=\"_ _0\"></span>.5%<span class=\"_ _0\"></span>). Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, o<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Prog<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>apel<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al, Fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>ong<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>raz<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>sad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, be<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>como<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>to di<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>n\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>iliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span><span class=\"ff9\">\u20ac2<span class=\"_ _0\"></span>10<span class=\"_ _0\"></span>.450<span class=\"_ _0\"></span>.7<span class=\"_ _0\"></span>14 (<span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>zem<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span>: <span class=\"_ _0\"></span>\u20ac14<span class=\"_ _0\"></span>5.4<span class=\"_ _0\"></span>50<span class=\"_ _0\"></span>.714<span class=\"_ _0\"></span>).<span class=\"ff1\"> </span></span>Covenants<span class=\"ff3\"> financeiros em vigor </span>R\u00e1cio Defini\u00e7\u00e3o<span class=\"_ _0\"></span> Empr\u00e9stimos Limite Cobertura de juros<span class=\"_ _1\"></span> EBITDA 12M / Juro<span class=\"_ _1\"></span>s l\u00edquidos anua<span class=\"_ _1\"></span>lizados<span class=\"_ _1\"></span> Banc\u00e1rios &gt;= 4,5 - 5,5 Endividamento<span class=\"_ _1\"></span> D\u00edvida remunerada <span class=\"_ _1\"></span>/ EBITDA 12M<span class=\"_ _1\"></span> Banc\u00e1rios &lt;= 4,5 Banc\u00e1rios &lt;= 4,0 Net Debt / EBITDA<span class=\"_ _1\"></span> (D\u00edvida remunerada<span class=\"_ _1\"></span> - Dispon<span class=\"_ _1\"></span>ibilidades) / EBITDA<span class=\"_ _1\"></span> 12M<span class=\"_ _1\"></span> Papel Comerc<span class=\"_ _1\"></span>ial &lt;= 4,0 - 5,0 Obriga\u00e7\u00f5es<span class=\"_ _1\"></span> &lt;= 4,0 Ate<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> lim<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>atual<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1 a <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntra<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>m si<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span><span class=\"ff7\">cov<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ants<span class=\"_ _0\"></span><span class=\"ff1\"> ne<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>em m<span class=\"_ _0\"></span>\u00edni<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> seg<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an\u00e7<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s </span></span>cov<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>s<span class=\"ff1\"> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>zem<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>21,<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>aior<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> nu<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>n\u00edve<span class=\"_ _0\"></span>l de<span class=\"_ _0\"></span> </span>se<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>erio<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>a 8<span class=\"_ _0\"></span>0%. Pol\u00edticas Contabil\u00edsticas Os <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ntos<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>bti<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>lue<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>Obr<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>Pap<span class=\"_ _0\"></span>el C<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>os ban<span class=\"_ _0\"></span>c\u00e1r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e ou<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>anci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>. Me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al Ao <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cust<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s. Me<span class=\"ls0\">ns<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>equ<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te </span>Ao <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tiz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>, u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>todo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>uro e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a. A d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bol<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ensu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>al \u00e9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ngo<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>d\u00ed<span class=\"_ _0\"></span>vida <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> \u201cJ<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>tado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>co<span class=\"ff1\">m <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>os </span>em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9sti<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>bti<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>\u201d n<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>ota <span class=\"_ _0\"></span>5.<span class=\"_ _0\"></span>10 <span class=\"_ _0\"></span>\u2013<span class=\"ff1\"> <span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s. </span>Ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor O v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>co d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>obti<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>curto<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>raz<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ou c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> tax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ri\u00e1v<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>rox<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>a-<span class=\"_ _0\"></span>se d<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>. O j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>bti<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>mun<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>fix<span class=\"_ _0\"></span>a \u00e9<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>vul<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>do n<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 8.3<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013<span class=\"_ _0\"></span><span class=\"ff1\"> At<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>assi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s. </span></span>Apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o No<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> cor<span class=\"_ _3b\"></span>rente<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>xce<span class=\"_ _0\"></span>to s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>rei<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>dici<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dife<span class=\"_ _0\"></span>rir<span class=\"_ _0\"></span> a liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>pelo<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>12<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> ap\u00f3<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>elat<span class=\"_ _0\"></span>o<span class=\"ff7\">.</span>Estimativas e julgamentos Pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>ogr<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> emi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l n<span class=\"_ _0\"></span>ego<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om os <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> fr<span class=\"_ _0\"></span>equ<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>uri<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l i<span class=\"_ _0\"></span>nfer<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>, mas<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>a <span class=\"ff7\">re<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span><span class=\"ff1\">. No<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa e<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>eali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>o <span class=\"ff7\">rol<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span> ove<span class=\"_ _0\"></span>r<span class=\"ff1\"> d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s </span></span></span></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es. 5.7.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Pas<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> </span></span>Passivos de loca\u00e7\u00e3o <span class=\"ffa\">\u2013</span> Natureza 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31/12/21 Valores em Euros<span class=\"_ _1\"></span> N\u00e3o corrent<span class=\"_ _0\"></span>e Corrente Total N\u00e3o corrent<span class=\"_ _0\"></span>e Corrente Total Edif\u00edcios 1.866.759 <span class=\"_ _1\"></span> 511.666  2.378.425 <span class=\"_ _1\"></span> 2.459.148 <span class=\"_ _1\"></span> 417.970  2.877.118 <span class=\"_ _1\"></span> Viaturas -  3.545  3.545  1.659  5.200  6.859  1.866.759  515.211  2.381.970  2.460.807  423.170  2.883.977  Passivos de loca\u00e7\u00e3o <span class=\"ffa\">\u2013</span> Movimenta\u00e7\u00e3o Valores em Euros<span class=\"_ _1\"></span> 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31/12/21 Saldo a 1 de janeir<span class=\"_ _1\"></span>o 2.883.977  3.375.536  Amortiza\u00e7\u00e3o de<span class=\"_ _1\"></span> contratos (591.251) (589.656) Custos com juros<span class=\"_ _1\"></span> 78.661  93.453  Outras altera\u00e7\u00f5es<span class=\"_ _1\"></span> 10.583  4.644  Total de altera<span class=\"_ _1\"></span>\u00e7\u00f5es nos passiv<span class=\"_ _1\"></span>os relacionado<span class=\"_ _1\"></span>s<span class=\"_ _1\"></span> (502.007) (491.559) Saldo a 31 de d<span class=\"_ _1\"></span>ezembro 2.381.970  2.883.977  Passivos de loca\u00e7\u00e3o <span class=\"ffa\">\u2013</span> Responsabilidades futuras Valores em Euros<span class=\"_ _1\"></span> 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31/12/21 A menos de 1 an<span class=\"_ _1\"></span>o 451.843  423.170  1 a 2 anos 479.584  449.916  2 a 3 anos 511.808  479.584  3 a 4 anos 545.016  511.808  4 a 5 anos 234.948  545.016  Mais de 5 anos<span class=\"_ _1\"></span> -  237.129  2.223.199  2.646.622  Juros sobre o pass<span class=\"_ _1\"></span>ivo 158.771  237.355  Valor atual das re<span class=\"_ _1\"></span>sponsabilidad<span class=\"_ _1\"></span>es 2.381.970  2.883.977  A <span class=\"_ _0\"></span>an\u00e1l<span class=\"_ _3b\"></span>ise d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> loc<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e9 a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 8<span class=\"_ _0\"></span>.1.<span class=\"_ _0\"></span>3 <span class=\"_ _0\"></span>- R<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co d<span class=\"_ _0\"></span>e liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>. Pol\u00edticas Contabil\u00edsticas Na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>in\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ce p<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>rado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nclu<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>gam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>duz<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>vari<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> esp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>am pag<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>t\u00ed<span class=\"_ _0\"></span>tulo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esi<span class=\"_ _0\"></span>dual<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>loca<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nclu<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span> o p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>c\u00edci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>p\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o ra<span class=\"_ _0\"></span>zo<span class=\"_ _0\"></span>avel<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>as d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>idas<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>nali<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sci<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>oca\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>pra<span class=\"_ _0\"></span>zo d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>efl<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>r a o<span class=\"_ _0\"></span>p\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>scind<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>. No<span class=\"_ _0\"></span> c\u00e1<span class=\"_ _0\"></span>lcu<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a lo<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span> us<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e ju<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ciam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpl\u00ed<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>na l<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>acil<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>n\u00e1v<span class=\"_ _0\"></span>el. Sub<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r do<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>sivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> loc<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e9 i<span class=\"_ _0\"></span>ncre<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 5.1<span class=\"_ _0\"></span>0 <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> <span class=\"_ _0\"></span>Ren<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e g<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>) e<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>u\u00ed<span class=\"_ _0\"></span>do p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>loca<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>). </span></span>5.8.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Caix<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>len<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>xa </span></span>Valores em Euros 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31/12/21 Numer\u00e1rio  5.540 5.540 Dep\u00f3sitos banc\u00e1r<span class=\"_ _1\"></span>ios imediatamen<span class=\"_ _1\"></span>te mobiliz\u00e1ve<span class=\"_ _1\"></span>is 189.407.443 160.738.761 Outras aplica\u00e7\u00f5es<span class=\"_ _1\"></span> de tesouraria    146.997.320 68.550.446 Cash pooling (<span class=\"_ _1\"></span>Nota 10.2)  54.229.858 125.041.900 Caixa e eq<span class=\"_ _1\"></span>uivalentes de caix<span class=\"_ _1\"></span>a na demonstra\u00e7\u00e3o d<span class=\"_ _1\"></span>a posi\u00e7\u00e3o fi<span class=\"_ _1\"></span>nanceira 390.640.161 354.336.647 Descobertos banc\u00e1r<span class=\"_ _1\"></span>ios - Cash<span class=\"_ _1\"></span> pooling (Notas 5<span class=\"_ _1\"></span>.6 e 10.2) <span class=\"_ _1\"></span> (297.339.234)<span class=\"_ _1\"></span> (129.775.499)<span class=\"_ _1\"></span> Caixa e eq<span class=\"_ _1\"></span>uivalentes de caixa na d<span class=\"_ _1\"></span>emonstra\u00e7\u00e3o de<span class=\"_ _1\"></span> fluxos de caixa<span class=\"_ _1\"></span> 93.300.927 224.561.148 Em <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ubri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Out<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ourar<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>num <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>rtf<span class=\"_ _0\"></span>\u00f3lio<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> cur<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>ite<span class=\"_ _3b\"></span>ntes <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> <span class=\"ff7\">rat<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"ff1\"> <span class=\"_ _0\"></span>adeq<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>o. </span></span>Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> exi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>sald<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>gnif<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a e <span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>uival<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>este<span class=\"_ _0\"></span>ja<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>suje<span class=\"_ _0\"></span>itos<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ri\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>so d<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a. Pol\u00edticas Contabil\u00edsticas A r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Cai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>aixa<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>i c<span class=\"_ _0\"></span>aix<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>\u00f3si<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>outr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>urto<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>m m<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>uri<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>\u00e9 3 <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>z\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nif<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>tua\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r.<span class=\"_ _0\"></span>  Par<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>ux<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>xa,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> rub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lui<span class=\"_ _0\"></span>r\u00e1 <span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>b\u00e9m<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do ex<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s de<span class=\"_ _3b\"></span>scobe<span class=\"_ _0\"></span>rto<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>anc\u00e1<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s qu<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ese<span class=\"_ _3b\"></span>ntados<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ncei<span class=\"_ _0\"></span>ra,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o cor<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>rub<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>Fina<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>obti<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>Not<span class=\"_ _0\"></span>a 5<span class=\"_ _0\"></span>.6)<span class=\"_ _0\"></span>. 5.9.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Flu<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>xa d<span class=\"_ _0\"></span><span class=\"lsb0\">e <span class=\"ls0\">at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> </span></span></span></span>de <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o Movimentos nos passivos de atividades de finan<span class=\"_ _0\"></span>ciamento<span class=\"_ _1\"></span> Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Saldo em 1 de janeir<span class=\"_ _1\"></span>o 933.165.633 <span class=\"_ _1\"></span> 947.383.993 <span class=\"_ _1\"></span> Pagamento de empr\u00e9st<span class=\"_ _1\"></span>imos obtido<span class=\"_ _1\"></span>s (545.218.254)<span class=\"_ _1\"></span> (291.527.778)<span class=\"_ _1\"></span> Recebimentos de e<span class=\"_ _1\"></span>mpr\u00e9stimos obt<span class=\"_ _1\"></span>idos<span class=\"_ _1\"></span> 430.000.000 <span class=\"_ _1\"></span> 147.500.000 <span class=\"_ _1\"></span> Cash Pooling<span class=\"_ _1\"></span> 167.563.736 <span class=\"_ _1\"></span> 129.775.499 <span class=\"_ _1\"></span> Varia\u00e7\u00e3o dos encarg<span class=\"_ _1\"></span>os com a em<span class=\"_ _1\"></span>iss\u00e3o de empr\u00e9st<span class=\"_ _1\"></span>imos (64.662) 33.919  Varia\u00e7\u00e3o da D\u00edvid<span class=\"_ _1\"></span>a remunerada<span class=\"_ _1\"></span> 52.280.820 <span class=\"_ _1\"></span> (14.218.360)<span class=\"_ _1\"></span> D\u00edvida remune<span class=\"_ _1\"></span>rada bruta<span class=\"_ _1\"></span> 985.446.453 <span class=\"_ _1\"></span> 933.165.633 <span class=\"_ _1\"></span> 5.10.<span class=\"ffd ls0\"> <span class=\"_ _46\"> </span><span class=\"ff3\">Ren<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s </span></span>Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Juros suportados co<span class=\"_ _1\"></span>m t\u00edtulos de d<span class=\"_ _1\"></span>\u00edvida e d\u00edv<span class=\"_ _1\"></span>ida banc\u00e1ria<span class=\"_ _1\"></span> (9.418.150) (10.385.295)<span class=\"_ _1\"></span> Juros suportados co<span class=\"_ _1\"></span>m outros financiamen<span class=\"_ _1\"></span>tos obtidos<span class=\"_ _1\"></span> (11.366.018) (4.409.101) Comiss\u00f5es de e<span class=\"_ _1\"></span>mpr\u00e9stimos e gast<span class=\"_ _1\"></span>os com aberturas de<span class=\"_ _1\"></span> cr\u00e9dito <span class=\"_ _1\"></span> (4.370.449) (3.349.422) Juros suportado<span class=\"_ _1\"></span>s por aplica\u00e7\u00e3o<span class=\"_ _1\"></span> do m\u00e9todo d<span class=\"_ _1\"></span>o juro efetivo<span class=\"_ _1\"></span> (25.154.617)<span class=\"_ _1\"></span> (18.143.818)<span class=\"_ _1\"></span> Juros suportados co<span class=\"_ _1\"></span>m passivos de <span class=\"_ _1\"></span>loca\u00e7\u00e3o<span class=\"_ _1\"></span> (78.661) (93.453) Gastos financeir<span class=\"_ _1\"></span>os relativos \u00e0 <span class=\"_ _1\"></span>estrutura de<span class=\"_ _1\"></span> capital do Grupo<span class=\"_ _45\"></span> (25.233.278)<span class=\"_ _1\"></span> (18.237.271)<span class=\"_ _1\"></span> Diferen\u00e7as de c\u00e2<span class=\"_ _1\"></span>mbio desfavor\u00e1vei<span class=\"_ _1\"></span>s -  (10.379.571)<span class=\"_ _1\"></span> Ganhos / (Perdas)<span class=\"_ _1\"></span> com instrument<span class=\"_ _1\"></span>os derivad<span class=\"_ _1\"></span>os de cobertura ta<span class=\"_ _1\"></span>xa de juro (Nota 8.2)<span class=\"_ _1\"></span> (1.504.772) (3.191.640) Ganhos / (Perdas)<span class=\"_ _1\"></span> com instrument<span class=\"_ _1\"></span>os derivados de neg<span class=\"_ _1\"></span>ocia\u00e7\u00e3o (Nota 8.2)<span class=\"_ _45\"></span> (4.289.597) (4.265.016) Outros gastos e per<span class=\"_ _1\"></span>das financeiros<span class=\"_ _1\"></span>   <span class=\"_ _1\"></span> (2.177.098) (110.915) Gastos e perd<span class=\"_ _1\"></span>as financeiros<span class=\"_ _1\"></span> (33.204.745)<span class=\"_ _1\"></span> (36.184.414)<span class=\"_ _1\"></span> Juros obtidos de<span class=\"_ _1\"></span> empr\u00e9stimos conce<span class=\"_ _1\"></span>didos<span class=\"_ _1\"></span> 8.404.238 <span class=\"_ _1\"></span> 3.266.904 <span class=\"_ _1\"></span> Diferen\u00e7as de c\u00e2<span class=\"_ _1\"></span>mbio favor\u00e1veis<span class=\"_ _1\"></span> 6.875.033 <span class=\"_ _1\"></span> 12.539.990 <span class=\"_ _1\"></span> Ganhos com juros<span class=\"_ _1\"></span> compensat\u00f3rios<span class=\"_ _1\"></span> 341.349  767.705  Outros rendimentos<span class=\"_ _1\"></span> e ganhos fina<span class=\"_ _1\"></span>nceiros<span class=\"_ _1\"></span> 6.474.957 <span class=\"_ _1\"></span> 9.031.354 <span class=\"_ _1\"></span> Rendimentos e g<span class=\"_ _1\"></span>anhos fina<span class=\"_ _1\"></span>nceiros<span class=\"_ _1\"></span> 22.095.577 <span class=\"_ _1\"></span> 25.605.954 <span class=\"_ _1\"></span> Resultados fi<span class=\"_ _1\"></span>nanceiros<span class=\"_ _1\"></span> (11.109.168)<span class=\"_ _1\"></span> (10.578.460)<span class=\"_ _1\"></span> Pol\u00edticas Contabil\u00edsticas A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa c<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ssif<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> \u201cR<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dime<span class=\"_ _3b\"></span>ntos f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os\u201d,<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> <span class=\"ff1\">qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>am </span>da <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de d<span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> tes<span class=\"_ _0\"></span>our<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> tai<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o: i<span class=\"_ _0\"></span>) o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>os o<span class=\"_ _0\"></span>bt<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de ex<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>dent<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>esou<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ria;<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ii)<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>aria<span class=\"_ _0\"></span>\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>nego<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a a c<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c\u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s, i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>na\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a.6.<span class=\"ffd ls0\"> <span class=\"_ _c6\"> </span><span class=\"ff3\">Imp<span class=\"_ _0\"></span>ost<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>obre<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>dime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> </span></span>6.1.<span class=\"ffd ls0\"> <span class=\"_ _48\"> </span><span class=\"ff3\">Im<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>o </span></span>6.1.1<span class=\"lsaf\">. </span>Imposto reconhecido <span class=\"_ _1\"></span>na demonstr<span class=\"_ _1\"></span>a\u00e7\u00e3o dos result<span class=\"_ _1\"></span>ados<span class=\"_ _1\"></span> Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span> Imposto corrente<span class=\"_ _1\"></span> (9.680.009) (1.260.778)  Varia\u00e7\u00e3o de posi\u00e7\u00f5es<span class=\"_ _1\"></span> fiscais ince<span class=\"_ _1\"></span>rtas no per\u00edodo<span class=\"_ _1\"></span> 3.906.564 <span class=\"_ _1\"></span> (3.827.856)  Imposto diferido<span class=\"_ _1\"></span> (Nota 6.2)<span class=\"_ _1\"></span> 2.028.010 <span class=\"_ _1\"></span> 1.658.967 <span class=\"_ _1\"></span> (3.745.435)<span class=\"_ _1\"></span> (3.429.667)<span class=\"_ _1\"></span> Taxa de imposto nominal No<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>apre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>onsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpo<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Por<span class=\"_ _0\"></span>tug<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 27<span class=\"_ _0\"></span>,5%<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a le<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>sla\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>como<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ue: 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Portugal Taxa nominal de <span class=\"_ _1\"></span>imposto sobre o r<span class=\"_ _1\"></span>endimento<span class=\"_ _1\"></span> 21,0% 21,0% Derrama munic<span class=\"_ _1\"></span>ipal 1,5% 1,5% 22,5% 22,5% Derrama estadual<span class=\"_ _1\"></span> - sobre as parte<span class=\"_ _1\"></span>s dos lucros tr<span class=\"_ _1\"></span>ibut\u00e1veis entre 1<span class=\"_ _1\"></span>.500.000 Euro<span class=\"_ _1\"></span>s e 7.500.000 Euros<span class=\"_ _1\"></span> <span class=\"_ _1\"></span> 3,0% 3,0% Derrama estadual<span class=\"_ _1\"></span> - sobre as parte<span class=\"_ _1\"></span>s dos lucros tr<span class=\"_ _1\"></span>ibut\u00e1veis entre 7<span class=\"_ _1\"></span>.500.000 Euro<span class=\"_ _1\"></span>s e 35.000.000 Euro<span class=\"_ _1\"></span>s <span class=\"_ _1\"></span> 5,0% 5,0% Derrama estadual<span class=\"_ _1\"></span> - sobre as parte<span class=\"_ _1\"></span>s dos lucros tr<span class=\"_ _1\"></span>ibut\u00e1veis aci<span class=\"_ _1\"></span>ma de 35.000.000<span class=\"_ _1\"></span> Euros <span class=\"_ _1\"></span> 9,0% 9,0% Reconcilia\u00e7\u00e3o da taxa efetiva de imposto sobre o rend<span class=\"_ _0\"></span>imento do per\u00edodo <span class=\"_ _1\"></span> Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Resultado antes de<span class=\"_ _1\"></span> impostos<span class=\"_ _1\"></span> 396.325.899 <span class=\"_ _1\"></span> 174.841.122 <span class=\"_ _1\"></span> Imposto esperado<span class=\"_ _1\"></span> \u00e0 taxa nom<span class=\"_ _1\"></span>inal (21%)<span class=\"_ _1\"></span> 83.228.439 <span class=\"_ _1\"></span> 36.716.636 <span class=\"_ _1\"></span> Derrama munic<span class=\"_ _1\"></span>ipal (2022: 0,13<span class=\"_ _1\"></span>% ; 2021: 0,15%)<span class=\"_ _1\"></span> 526.084  258.781  Derrama estadual<span class=\"_ _1\"></span> (2022: 0,39% ;<span class=\"_ _1\"></span> 2021: 0,38%)<span class=\"_ _1\"></span> 1.561.503 <span class=\"_ _1\"></span> 667.605  Imposto resulta<span class=\"_ _1\"></span>nte da taxa apl<span class=\"_ _1\"></span>ic\u00e1vel<span class=\"_ _1\"></span> 85.316.026 <span class=\"_ _1\"></span> 37.643.022 <span class=\"_ _1\"></span> Taxa nominal d<span class=\"_ _1\"></span>e imposto do pe<span class=\"_ _1\"></span>r\u00edodo<span class=\"_ _1\"></span> 21,53% 21,53% Diferen\u00e7as (a)<span class=\"_ _1\"></span> (4.540.176) 2.679.217 <span class=\"_ _1\"></span> Efeito da aplica\u00e7\u00e3<span class=\"_ _1\"></span>o do m\u00e9todo de <span class=\"_ _1\"></span>equival\u00ean<span class=\"_ _1\"></span>cia patrimon<span class=\"_ _1\"></span>ial (73.487.565) (40.821.355)<span class=\"_ _1\"></span> (Excesso)/Insuf<span class=\"_ _1\"></span>ici\u00eancia de estimat<span class=\"_ _1\"></span>iva de imposto<span class=\"_ _1\"></span> (3.906.564) 3.453.123 <span class=\"_ _1\"></span> Tributa\u00e7\u00e3o aut\u00f3no<span class=\"_ _1\"></span>ma 363.714  475.660  3.745.435  3.429.667  Taxa efe<span class=\"_ _1\"></span>tiva de imposto 0,95% 1,96% (a) Este valor respe<span class=\"_ _1\"></span>ita essencia<span class=\"_ _1\"></span>lmente a:<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Mais / (Menos) va<span class=\"_ _1\"></span>lias fiscais<span class=\"_ _1\"></span> -  (654.801) (Mais) / Menos va<span class=\"_ _1\"></span>lias contabi<span class=\"_ _1\"></span>l\u00edsticas<span class=\"_ _1\"></span> -  655.648  Imparidades e prov<span class=\"_ _1\"></span>is\u00f5es tributada<span class=\"_ _1\"></span>s  3.540.136 <span class=\"_ _1\"></span> 6.987.197 <span class=\"_ _1\"></span> Benef\u00edcios fisca<span class=\"_ _1\"></span>is (331.996) (326.801) Benef\u00edcios a empregad<span class=\"_ _1\"></span>os 21.108  (1.390.000) Liquida\u00e7\u00e3o sub<span class=\"_ _1\"></span>sidi\u00e1ria (14.741.302) -  Outros (6.292.558) 5.235.491 <span class=\"_ _1\"></span> (17.804.612)<span class=\"_ _1\"></span> 10.506.734 <span class=\"_ _1\"></span> Impacto fiscal (<span class=\"_ _1\"></span>25,5%)<span class=\"_ _1\"></span> (4.540.176)<span class=\"_ _1\"></span> 2.679.217  6.1.2<span class=\"lsaf\">. </span>Imposto reconhecido <span class=\"_ _1\"></span>na demonstr<span class=\"_ _1\"></span>a\u00e7\u00e3o da posi\u00e7\u00e3o<span class=\"_ _1\"></span> financeira<span class=\"_ _45\"></span> Valores em Euros<span class=\"_ _1\"></span> 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31/12/21 Ativo Valores pendentes<span class=\"_ _1\"></span> de reembolso (<span class=\"_ _1\"></span>processos fiscais de<span class=\"_ _1\"></span>cididos a favor<span class=\"_ _1\"></span> do <span class=\"_ _1\"></span>Grupo)<span class=\"_ _1\"></span> 15.341.107 <span class=\"_ _1\"></span> 1.118.815 <span class=\"_ _1\"></span> 15.341.107 <span class=\"_ _1\"></span> 1.118.815  Passivo Imposto sobre o<span class=\"_ _1\"></span> Rendimento das<span class=\"_ _1\"></span> Pessoas Colet<span class=\"_ _1\"></span>ivas - I<span class=\"_ _1\"></span>RC 96.139.000 <span class=\"_ _1\"></span> 20.200.713 <span class=\"_ _1\"></span> Responsabilidade<span class=\"_ _1\"></span>s adiciona<span class=\"_ _1\"></span>is de imposto (IRC)<span class=\"_ _1\"></span> 11.494.069 <span class=\"_ _1\"></span> 11.741.764 <span class=\"_ _1\"></span> 107.633.069 <span class=\"_ _1\"></span> 31.942.477 <span class=\"_ _1\"></span> Decomposi\u00e7\u00e3o da rubrica Imposto sobre o Rendimento das Pessoas Coletivas <span class=\"ffa\">\u2013</span> IRC (l\u00edquido) Valores em Euros<span class=\"_ _1\"></span> 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31/12/21 Imposto sobre o<span class=\"_ _1\"></span> rendimento do pe<span class=\"_ _1\"></span>r\u00edodo (9.680.009) (1.260.778) Pagamentos por conta,<span class=\"_ _1\"></span> especia<span class=\"_ _1\"></span>is e adicionais por conta<span class=\"_ _1\"></span> 37.184.040 <span class=\"_ _1\"></span> 18.765.072 <span class=\"_ _1\"></span> Reten\u00e7\u00f5es na fonte<span class=\"_ _1\"></span> a recuperar<span class=\"_ _1\"></span> 36.453  7.865  IRC das empresas <span class=\"_ _1\"></span>inclu\u00eddas no RE<span class=\"_ _1\"></span>TGS (123.679.484)<span class=\"_ _1\"></span> (34.106.939)<span class=\"_ _1\"></span> Outros valores a <span class=\"_ _1\"></span>(receber)/Pagar<span class=\"_ _1\"></span> -  (3.605.933) (96.139.000)<span class=\"_ _1\"></span> (20.200.713)<span class=\"_ _1\"></span> Valores pendentes de reembolso Valores em Euros<span class=\"_ _1\"></span> 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31/12/21 IRC (RETGS) 200<span class=\"_ _1\"></span>5 13.886.728 <span class=\"_ _1\"></span> -  RFAI 2010 a 2012 <span class=\"_ _1\"></span>- juros indemn<span class=\"_ _1\"></span>izat\u00f3rios<span class=\"_ _1\"></span> 1.076.611 <span class=\"_ _1\"></span> 1.076.611 <span class=\"_ _1\"></span> IRC 2016 - Proces<span class=\"_ _1\"></span>so CAAD 7/2022<span class=\"_ _1\"></span> 272.697  -  IRC (RETGS) 2020<span class=\"_ _1\"></span> 62.867  -  Outros 42.204  42.204  15.341.107 <span class=\"_ _1\"></span> 1.118.815  Os <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> dis<span class=\"_ _0\"></span>cri<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>am-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ue: Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Saldo no in\u00edcio do p<span class=\"_ _1\"></span>er\u00edodo<span class=\"_ _1\"></span> 1.118.815 3.482.762 Aumentos 14.222.292 189.876 Utiliza\u00e7\u00e3o -(2.120.272)Revers\u00f5es -(433.551)15.341.107 1.118.815Posi\u00e7\u00f5es fiscais incertas - Passivos Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Saldo no in\u00edcio do p<span class=\"_ _1\"></span>er\u00edodo<span class=\"_ _1\"></span> 11.741.764 9.014.699 Aumentos 5.836.617 10.756.268 Utiliza\u00e7\u00e3o (3.599.451) (975.264) Revers\u00f5es (2.484.861) (7.053.939) Varia\u00e7\u00e3o no per\u00edod<span class=\"_ _1\"></span>o (247.695) 2.727.065 11.494.069 11.741.764 Liquida\u00e7\u00f5es pagas em contencioso Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>am pag<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>conh<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>m-s<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>e: Valores em Euros<span class=\"_ _1\"></span> 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31/12/21 IRC agregado <span class=\"ls24\">2005<span class=\"_ _1\"></span></span> 10.394.386 10.394.386 IRC agregado 2006<span class=\"_ _1\"></span> 8.150.146 8.150.146 IRC agregado 2018<span class=\"_ _1\"></span> 14.433.913 - Derrama Estadual 2016<span class=\"_ _1\"></span> 3.761.397 3.761.397 Derrama Estadual 2017<span class=\"_ _1\"></span> 8.462.724 8.462.724 Derrama Estadual 2018<span class=\"_ _1\"></span> 12.223.705 12.223.705 CDTJI IRC 2016 e<span class=\"_ _1\"></span> 2017 1.522.660 1.522.660 58.948.931 44.515.018 Pol\u00edticas Contabil\u00edsticas O i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>to c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> sob<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e9 d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> l\u00ed<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>dos,<span class=\"_ _0\"></span> aju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nfor<span class=\"_ _0\"></span>mid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a l<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sla<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>al v<span class=\"_ _0\"></span>ige<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eira<span class=\"_ _0\"></span>.Grupo fiscal Em <span class=\"_ _0\"></span>Po<span class=\"_ _0\"></span>rtu<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>-s<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>ujei<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> Reg<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Espe<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Trib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Soc<span class=\"_ _0\"></span>ied<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>RE<span class=\"_ _0\"></span>TGS)<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tu\u00ed<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>as e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>resa<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> ig<span class=\"_ _0\"></span>ual <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> sup<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> 75%<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cump<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>i\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>s no<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>go <span class=\"_ _0\"></span>69<span class=\"_ _0\"></span>\u00ba e<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>C\u00f3d<span class=\"_ _0\"></span>igo<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> IRC.<span class=\"_ _3b\"></span> As <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> RETG<span class=\"_ _0\"></span>S a<span class=\"_ _0\"></span>pur<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ost<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> o r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>e fos<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>but<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a \u00f3<span class=\"_ _0\"></span>tica <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ual.<span class=\"_ _0\"></span> As<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>anto<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo d<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s \u00e0 <span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ied<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>omi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> gr<span class=\"_ _0\"></span>upo <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>scal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te a<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>y,<span class=\"_ _0\"></span> S.A<span class=\"_ _0\"></span>. a<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>pur<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o gl<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span> aut<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>iqui<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>. Cas<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>jam<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s g<span class=\"_ _0\"></span>anh<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>s s\u00e3<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>como<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>na soc<span class=\"_ _0\"></span>ied<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>domi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> a o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o g<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>al re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>\u00e0s <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bilid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> des<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>rub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> a r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ebe<span class=\"_ _0\"></span>r e <span class=\"_ _0\"></span>Val<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>agar<span class=\"_ _0\"></span>. Estimativas e julgamentos A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>dici<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>oss<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s ef<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> auto<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> fis<span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> Qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>a\u00e7\u00f5e<span class=\"_ _0\"></span>s \u00e9<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7as <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r\u00e3o<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>post<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> o re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m que<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>apu<span class=\"_ _0\"></span>rada<span class=\"_ _0\"></span>s. Em <span class=\"_ _0\"></span>Po<span class=\"_ _0\"></span>rtu<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dec<span class=\"_ _0\"></span>lar<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> anua<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o s<span class=\"_ _0\"></span>uj<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ev<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> aju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s au<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> du<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 4 a<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Cont<span class=\"_ _0\"></span>udo<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ju\u00ed<span class=\"_ _0\"></span>zo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fisc<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stes<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ode<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>er s<span class=\"_ _0\"></span>uj<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>is\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>aut<span class=\"_ _0\"></span>orid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>is p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 6 <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span> O C<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Ad<span class=\"_ _0\"></span>mini<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> ev<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tuai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> \u00e0q<span class=\"_ _0\"></span>uel<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cla<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s/i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>\u00e3o e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>cati<span class=\"_ _0\"></span>vo nas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>emo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>iras<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 3<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de d<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2,<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o ce<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> j\u00e1 <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>ram <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>Aut<span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e T<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>\u00e1ria<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> Adu<span class=\"_ _0\"></span>ane<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>per\u00ed<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> 201<span class=\"_ _0\"></span>8,<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nclu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ve. Pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>tas O m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oces<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>fetu<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>g\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>imen<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> Ad<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nist<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> Trib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>a,<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>olvi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> v\u00e3<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> nas<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>t\u00e9r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>.  A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa, <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span> \u00e0 m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o o d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>IFR<span class=\"_ _0\"></span>IC 2<span class=\"_ _0\"></span>3 <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> In<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>eza<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>mpo<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s so<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>nome<span class=\"_ _0\"></span>adam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> </span></span>na <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>risc<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tez<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>defi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> mel<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o g<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xigi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>dar <span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>todo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>os po<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sult<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>obab<span class=\"_ _0\"></span>ilid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as. 6.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Impo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>erid<span class=\"_ _0\"></span>os </span></span>Movimentos em impostos diferidos  <span class=\"lsb1\">Em</span> 1  Demonstra\u00e7\u00e3<span class=\"_ _0\"></span>o   Em 31   Capital de janeiro <span class=\"_ _0\"></span> de resultados  de dezembro<span class=\"_ _0\"></span>  pr\u00f3prio  Valores em Euros<span class=\"_ _1\"></span> de 2022   Aumentos   Redu\u00e7\u00f5es  de 2022  Diferen\u00e7as te<span class=\"_ _1\"></span>mpor\u00e1rias que o<span class=\"_ _1\"></span>riginam ativos por<span class=\"_ _1\"></span> impostos diferi<span class=\"_ _1\"></span>dos Provis\u00f5es tributadas<span class=\"_ _1\"></span> -  410.869  -  -  410.869  Ajustamentos e<span class=\"_ _1\"></span>m investimentos e<span class=\"_ _1\"></span>m subsidi\u00e1r<span class=\"_ _1\"></span>ias 18.752.796 <span class=\"_ _1\"></span> 9.366.282 <span class=\"_ _1\"></span> (2.802.959)<span class=\"_ _1\"></span> -  25.316.119 <span class=\"_ _1\"></span> Instrumentos finance<span class=\"_ _1\"></span>iros<span class=\"_ _1\"></span> 7.448.830 <span class=\"_ _1\"></span> -  -  (7.448.830) -  Remunera\u00e7\u00e3o convenc<span class=\"_ _1\"></span>ional de cap<span class=\"_ _1\"></span>ital<span class=\"_ _1\"></span> 140.000  -  (140.000)<span class=\"_ _1\"></span> -  -  26.341.626 <span class=\"_ _1\"></span> 9.777.151  (2.942.959)<span class=\"_ _1\"></span> (7.448.830)<span class=\"_ _1\"></span> 25.726.988 <span class=\"_ _1\"></span> Diferen\u00e7as te<span class=\"_ _1\"></span>mpor\u00e1rias que o<span class=\"_ _1\"></span>riginam passivos por impostos dif<span class=\"_ _1\"></span>eridos<span class=\"_ _1\"></span> Ajustamentos e<span class=\"_ _1\"></span>m investimentos e<span class=\"_ _1\"></span>m subsidi\u00e1r<span class=\"_ _1\"></span>ias (718.030) 802.383  (261.997)<span class=\"_ _1\"></span> -  (177.644) Instrumentos f<span class=\"_ _1\"></span>inanceiros<span class=\"_ _1\"></span> -  -  -  (47.174.485) (47.174.485)<span class=\"_ _1\"></span> (718.030) 802.383  (261.997) (47.174.485)<span class=\"_ _1\"></span> (47.352.129)<span class=\"_ _1\"></span> Ativos por impos<span class=\"_ _1\"></span>tos diferidos <span class=\"_ _1\"></span> 7.243.947  2.688.717  (809.314) (2.048.428)<span class=\"_ _1\"></span> 7.074.922  Passivos por i<span class=\"_ _1\"></span>mpostos dife<span class=\"_ _1\"></span>ridos  (197.458) 220.655  (72.049)<span class=\"_ _1\"></span> (12.972.983)<span class=\"_ _1\"></span> (13.021.836)<span class=\"_ _1\"></span>  Demonstra\u00e7\u00e3<span class=\"_ _0\"></span>o   Em 31   Em 1   Capital de resultados  de dezembro<span class=\"_ _0\"></span> de janeiro <span class=\"_ _0\"></span> pr\u00f3prio  Valores em Euros<span class=\"_ _1\"></span> de 2021   Aumentos   Redu\u00e7\u00f5es  de 2021  Diferen\u00e7as te<span class=\"_ _1\"></span>mpor\u00e1rias que o<span class=\"_ _1\"></span>riginam ativos por<span class=\"_ _1\"></span> impostos diferi<span class=\"_ _1\"></span>dos Ajustamentos e<span class=\"_ _1\"></span>m investimentos e<span class=\"_ _1\"></span>m subsidi\u00e1r<span class=\"_ _1\"></span>ias 12.580.190 <span class=\"_ _1\"></span> 8.425.255 <span class=\"_ _1\"></span> (2.252.649)<span class=\"_ _1\"></span> -  18.752.796 <span class=\"_ _1\"></span> Instrumentos finance<span class=\"_ _1\"></span>iros<span class=\"_ _1\"></span> 8.879.577 <span class=\"_ _1\"></span> -  -  (1.430.747) 7.448.830 <span class=\"_ _1\"></span> Remunera\u00e7\u00e3o convenc<span class=\"_ _1\"></span>ional de cap<span class=\"_ _1\"></span>ital<span class=\"_ _1\"></span> 280.000  -  (140.000)<span class=\"_ _1\"></span> -  140.000  21.739.767 <span class=\"_ _1\"></span> 8.425.255  (2.392.649)<span class=\"_ _1\"></span> (1.430.747)<span class=\"_ _1\"></span> 26.341.626 <span class=\"_ _1\"></span> Diferen\u00e7as te<span class=\"_ _1\"></span>mpor\u00e1rias que o<span class=\"_ _1\"></span>riginam passivos por impostos dif<span class=\"_ _1\"></span>eridos<span class=\"_ _1\"></span> Ajustamentos e<span class=\"_ _1\"></span>m investimentos e<span class=\"_ _1\"></span>m subsidi\u00e1r<span class=\"_ _1\"></span>ias (718.030) -  -  -  (718.030) (718.030) -  -  -  (718.030) Ativos por impos<span class=\"_ _1\"></span>tos diferidos <span class=\"_ _1\"></span> 5.978.436  2.316.945  (657.978) (393.455) 7.243.947  Passivos por i<span class=\"_ _1\"></span>mpostos dife<span class=\"_ _1\"></span>ridos  (197.458) -  -  -  (197.458) Na <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ostos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21,<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>oi u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>a tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>27<span class=\"_ _0\"></span>,50%<span class=\"_ _0\"></span>. Pol\u00edticas Contabil\u00edsticas O i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>alc<span class=\"_ _0\"></span>ulado<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Pos<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span> tem<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntre<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>\u00edsti<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>vos <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>uta\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span>. P<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mina\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> \u00e9 u<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>cal <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>sper<span class=\"_ _3b\"></span>a es<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m vi<span class=\"_ _0\"></span>gor<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>o em <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>as. S\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>stos<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rido<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>que <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>o\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>er\u00e3<span class=\"_ _0\"></span>o ge<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> lu<span class=\"_ _0\"></span>cros<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ut\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>\u00e3o s<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os.<span class=\"_ _0\"></span> O<span class=\"_ _0\"></span>s imp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>rev<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>dica<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>duz<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eix<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ov\u00e1<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>s me<span class=\"_ _0\"></span>smo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>sam<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>izad<span class=\"_ _0\"></span>os.<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>stos<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>os s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u re<span class=\"_ _0\"></span>ndim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>\u00edod<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>cet<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>se re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tado<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>pr\u00f3<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>ua\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> imp<span class=\"_ _0\"></span>ost<span class=\"_ _0\"></span>o di<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>mb\u00e9<span class=\"_ _0\"></span>m re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>do n<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>ca.<span class=\"_ _0\"></span> Os<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ncen<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fis<span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>atri<span class=\"_ _0\"></span>bu\u00ed<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> \u00e2mb<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> a de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>olve<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> med<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>t\u00eanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>at\u00e9r<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ole<span class=\"_ _0\"></span>t\u00e1ve<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>nas <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>nef<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mita<span class=\"_ _0\"></span> a sua<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>. 7.<span class=\"_ _49\"> </span><span class=\"ls0\">P<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>oal</span>7.1.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> pes<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>al </span></span>Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Remunera\u00e7\u00f5es dos<span class=\"_ _1\"></span> \u00d3rg\u00e3os Socia<span class=\"_ _1\"></span>is - fixas (<span class=\"_ _1\"></span>Nota 7.3) 1.355.315 1.328.245 Remunera\u00e7\u00f5es dos<span class=\"_ _1\"></span> \u00d3rg\u00e3os Socia<span class=\"_ _1\"></span>is - vari\u00e1<span class=\"_ _1\"></span>veis  3.968.843 3.856.394 Remunera\u00e7\u00f5es ao pes<span class=\"_ _1\"></span>soal 3.455.070 1.069.930 Contribui\u00e7\u00f5es para<span class=\"_ _1\"></span> a Seguran\u00e7a S<span class=\"_ _1\"></span>ocial<span class=\"_ _1\"></span> 1.017.117 973.317 Benef\u00edcios de p\u00f3s em<span class=\"_ _1\"></span>prego (Nota <span class=\"_ _1\"></span>7.2.2)<span class=\"_ _1\"></span> 108.938 143.080 Outros gastos co<span class=\"_ _1\"></span>m o pessoal 3.616.214 3.721.285 Gastos com o pe<span class=\"_ _1\"></span>ssoal 13.521.497 11.092.252 O a<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>os c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> o p<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>mpan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>u o<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>om d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pen<span class=\"_ _0\"></span>ho <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>viga<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r em<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>, qu<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>miti<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>acr<span class=\"_ _0\"></span>\u00e9sc<span class=\"_ _0\"></span>imo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>para<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>gam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>gra<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>\u00e7\u00f5es<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 2023.<span class=\"ls0\"> </span>Outros gastos com o pessoal <span class=\"ffa\">\u2013</span> Detalhe Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Forma\u00e7\u00e3o 1.317.514 865.755 Gastos de recrutamento<span class=\"_ _1\"></span> 16.646 81.125 Seguros  253.679 587.589 Indemniza\u00e7\u00f5es<span class=\"_ _1\"></span> 947.355 1.149.505 Subs\u00eddio al<span class=\"_ _1\"></span>imenta\u00e7\u00e3o 119.481 124.142 A\u00e7\u00e3o social 961.539 913.170 3.616.214 3.721.285 N\u00famero de empregados no final do per\u00edodo Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>o n\u00fa<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Col<span class=\"_ _0\"></span>abor<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> v\u00ed<span class=\"_ _0\"></span>ncu<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>atual<span class=\"_ _0\"></span> \u00e0<span class=\"_ _0\"></span> Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> er<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>379<span class=\"_ _0\"></span> <span class=\"ls12\">e <span class=\"ls16\">426<span class=\"ls10\">, </span></span></span>resp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> 347 <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>rvi<span class=\"_ _0\"></span>\u00e7o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>esas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> (2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1: <span class=\"_ _0\"></span>4<span class=\"ls16\">10<span class=\"lsd\">).</span></span> Pol\u00edticas Contabil\u00edsticas Be<span class=\"_ _0\"></span>nef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>rega<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>urt<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>praz<span class=\"_ _0\"></span>o Dir<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> <span class=\"_ _0\"></span>f\u00e9r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> e s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>\u00eddi<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>f\u00e9r<span class=\"_ _0\"></span>ias </span></span>De <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>n\u00e7\u00e3<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>c\u00e1v<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>\u00e0 T<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>y, <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>os Tra<span class=\"_ _0\"></span>bal<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>t\u00ea<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span> dir<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>to a<span class=\"_ _0\"></span> 25<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> \u00fa<span class=\"_ _0\"></span>tei<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>\u00e9ri<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> bem<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> m\u00ea<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>s\u00eddi<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de f\u00e9<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> adq<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> seu<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>. Gr<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es De <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>stem<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>enh<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>ige<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ode<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>vir <span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> cas<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cum<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>jet<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>dir<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span> nor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>dqui<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ior<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>game<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o. Est<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>per\u00ed<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>preg<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>quir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> o re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>apar<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dos r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>ind<span class=\"_ _0\"></span>epe<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>teme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>u p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> o s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>dar<span class=\"_ _0\"></span> \u00e0<span class=\"_ _0\"></span> dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a P<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>st\u00e1<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> ru<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ar (N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 4<span class=\"_ _0\"></span>.3)<span class=\"_ _0\"></span>. Be<span class=\"_ _0\"></span>nef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>ego<span class=\"_ _0\"></span> Os <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>f\u00edc<span class=\"_ _0\"></span>ios <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>heci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r re<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ofer<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ef\u00ed<span class=\"_ _0\"></span>cios;<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u n<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>reco<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s g<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>trut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>\u00e2m<span class=\"_ _0\"></span>bito<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s. O<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>f\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>12 <span class=\"_ _0\"></span>mes<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> ap\u00f3<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>per\u00ed<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>epo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eu <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>. 7.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Bene<span class=\"_ _0\"></span>f\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>ega<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s </span></span>7.2.1<span class=\"lsaf\">. <span class=\"ls0\">Plano de benef\u00edcio d<span class=\"_ _1\"></span>efinido<span class=\"_ _1\"></span> </span></span>Pol\u00edtica<span class=\"_ _0\"></span> de gest\u00e3o do <span class=\"_ _0\"></span>risco associado a<span class=\"_ _0\"></span> planos de <span class=\"_ _0\"></span>benef\u00edcio <span class=\"_ _0\"></span>definido A exposi\u00e7\u00e3o <span class=\"_ _0\"></span>da Empr<span class=\"_ _0\"></span>esa ao risc<span class=\"_ _0\"></span>o encontra-s<span class=\"_ _0\"></span>e limitada <span class=\"_ _0\"></span>ao n\u00fame<span class=\"_ _0\"></span>ro de benef<span class=\"_ _0\"></span>ici\u00e1rios j\u00e1 ex<span class=\"_ _0\"></span>istentes <span class=\"_ _0\"></span>e ter\u00e1 t<span class=\"_ _0\"></span>end\u00eancia a d<span class=\"_ _0\"></span>iminu<span class=\"_ _0\"></span>ir, uma vez que <span class=\"_ _0\"></span>n\u00e3o existe<span class=\"_ _0\"></span>m na Emp<span class=\"_ _0\"></span>resa plano<span class=\"_ _0\"></span>s de ben<span class=\"_ _0\"></span>ef\u00edcio def<span class=\"_ _0\"></span>inido aber<span class=\"_ _0\"></span>tos \u00e0 ades<span class=\"_ _0\"></span>\u00e3o de novo<span class=\"_ _0\"></span>s empr<span class=\"_ _0\"></span>egados. Os riscos ma<span class=\"_ _0\"></span>is significa<span class=\"_ _0\"></span>tivos a q<span class=\"_ _0\"></span>ue a Emp<span class=\"_ _0\"></span>resa se e<span class=\"_ _0\"></span>ncontra <span class=\"_ _0\"></span>exposta atr<span class=\"_ _0\"></span>av\u00e9s do<span class=\"_ _0\"></span>s planos d<span class=\"_ _0\"></span>e benef<span class=\"_ _0\"></span>\u00ed<span class=\"_ _1\"></span>cio definido<span class=\"_ _0\"></span> incluem: i) Risco d<span class=\"_ _0\"></span>e altera\u00e7\u00e3o da <span class=\"_ _0\"></span>longevid<span class=\"_ _0\"></span>ade dos pa<span class=\"_ _0\"></span>rticipantes <span class=\"_ _0\"></span> ii) Risco d<span class=\"_ _0\"></span>e varia\u00e7\u00e3o da<span class=\"_ _0\"></span>s taxas d<span class=\"_ _0\"></span>e mercado <span class=\"ff9\">\u2013</span> <span class=\"_ _0\"></span>a varia\u00e7\u00e3o d<span class=\"_ _0\"></span>e taxa<span class=\"_ _0\"></span>s impacta a t<span class=\"_ _0\"></span>axa ut<span class=\"_ _0\"></span>ilizada para <span class=\"_ _0\"></span>descontar <span class=\"_ _0\"></span>as respon<span class=\"_ _0\"></span>sabilidades (taxa de j<span class=\"_ _0\"></span>uro t\u00e9cn<span class=\"_ _0\"></span>ica) que s<span class=\"_ _0\"></span>e baseia e<span class=\"_ _0\"></span>m curva<span class=\"_ _0\"></span>s de rentabilidad<span class=\"_ _0\"></span>e (yield<span class=\"_ _0\"></span>) de obriga<span class=\"_ _0\"></span>\u00e7\u00f5es com no<span class=\"_ _0\"></span>ta\u00e7\u00e3o <span class=\"_ _0\"></span>rating e<span class=\"_ _0\"></span>levado e co<span class=\"_ _0\"></span>m maturidad<span class=\"_ _0\"></span>es sem<span class=\"_ _0\"></span>elhantes \u00e0s d<span class=\"_ _0\"></span>atas de <span class=\"_ _0\"></span>termo da<span class=\"_ _0\"></span>s respons<span class=\"_ _0\"></span>abilidades <span class=\"_ _0\"></span>e a taxa f<span class=\"_ _0\"></span>ixa de re<span class=\"_ _0\"></span>ndimento d<span class=\"_ _0\"></span>os ativos. A <span class=\"_ _0\"></span>Empresa <span class=\"_ _0\"></span>utiliza curvas d<span class=\"_ _0\"></span>e mercado<span class=\"_ _0\"></span>, de form<span class=\"_ _0\"></span>a a acomp<span class=\"_ _0\"></span>anhar a <span class=\"_ _0\"></span>evolu\u00e7\u00e3o d<span class=\"_ _0\"></span>as taxas <span class=\"_ _0\"></span>e procede a a<span class=\"_ _0\"></span>n\u00e1lises de <span class=\"_ _0\"></span>sensibilidad<span class=\"_ _0\"></span>e a varia\u00e7\u00f5<span class=\"_ _0\"></span>es de taxa <span class=\"_ _0\"></span>de juro com o obj<span class=\"_ _0\"></span>etivo de an<span class=\"_ _0\"></span>tecipar e <span class=\"_ _0\"></span>acautelar o<span class=\"_ _0\"></span> conseq<span class=\"_ _0\"></span>uente imp<span class=\"_ _0\"></span>acto no n<span class=\"_ _0\"></span>\u00edvel de f<span class=\"_ _0\"></span>inanciamento d<span class=\"_ _0\"></span>o fu<span class=\"_ _0\"></span>ndo. iii) Risco de <span class=\"_ _0\"></span>altera\u00e7\u00e3o <span class=\"_ _0\"></span>da taxa d<span class=\"_ _0\"></span>e cresc<span class=\"_ _0\"></span>imento sa<span class=\"_ _0\"></span>larial e de p<span class=\"_ _0\"></span>ens\u00f5es  iv) Rentab<span class=\"_ _0\"></span>ilidade do<span class=\"_ _0\"></span>s ativos fina<span class=\"_ _0\"></span>nceiros do <span class=\"_ _0\"></span>fundo <span class=\"ff9\">\u2013</span> a <span class=\"_ _0\"></span>Empresa m<span class=\"_ _0\"></span>onitoriza de f<span class=\"_ _0\"></span>orma mu<span class=\"_ _0\"></span>ito pr\u00f3x<span class=\"_ _0\"></span>ima a evo<span class=\"_ _0\"></span>lu\u00e7\u00e3o dos a<span class=\"_ _0\"></span>tivos do fundo, bem <span class=\"_ _0\"></span>como <span class=\"_ _0\"></span>a evolu\u00e7\u00e3o d<span class=\"_ _0\"></span>os princip<span class=\"_ _0\"></span>ais indicado<span class=\"_ _0\"></span>res de m<span class=\"_ _0\"></span>ercados f<span class=\"_ _0\"></span>inanceiros, <span class=\"_ _0\"></span>revisitando <span class=\"_ _0\"></span>a po<span class=\"_ _0\"></span>l\u00edtica de inv<span class=\"_ _0\"></span>estimento apro<span class=\"_ _0\"></span>vad<span class=\"ls6a\">a </span>para a g<span class=\"_ _0\"></span>est\u00e3o dos at<span class=\"_ _0\"></span>ivos semp<span class=\"_ _0\"></span>re que <span class=\"_ _0\"></span>se justifiqu<span class=\"_ _0\"></span>e, e pelo m<span class=\"_ _0\"></span>enos de <span class=\"_ _0\"></span>tr\u00eas em tr<span class=\"_ _0\"></span>\u00eas anos. A p<span class=\"_ _0\"></span>ol\u00edtica d<span class=\"_ _0\"></span>e investim<span class=\"_ _0\"></span>ento es<span class=\"_ _0\"></span>t\u00e1 alinhada<span class=\"_ _0\"></span> com uma vis\u00e3o co<span class=\"_ _0\"></span>nservado<span class=\"_ _0\"></span>ra na g<span class=\"_ _0\"></span>est\u00e3o dos at<span class=\"_ _0\"></span>ivos e def<span class=\"_ _0\"></span>inida tendo p<span class=\"_ _0\"></span>or base <span class=\"_ _0\"></span>as respon<span class=\"_ _0\"></span>sabilidades <span class=\"_ _0\"></span>a financiar p<span class=\"_ _0\"></span>elo fundo. Responsabilidades l\u00edquidas As <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> l\u00ed<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ncei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> na <span class=\"_ _0\"></span>not<span class=\"_ _0\"></span>a 4<span class=\"_ _0\"></span>.2 <span class=\"_ _0\"></span>- Val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ece<span class=\"_ _3b\"></span>ber e<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>n\u00fam<span class=\"_ _0\"></span>ero <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>i\u00e1ri<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>nef\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m vi<span class=\"_ _0\"></span>gor<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>ham<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31/12/21 N\u00ba Benef. Valor N\u00ba Benef. Valor Responsabilidade<span class=\"_ _1\"></span>s por servi\u00e7os pa<span class=\"_ _1\"></span>ssados<span class=\"_ _1\"></span>    Ativos, inclu<span class=\"_ _1\"></span>indo contas ind<span class=\"_ _1\"></span>ividuais<span class=\"_ _1\"></span> 13 <span class=\"ls0\"> </span>696.188  13 <span class=\"ls0\"> </span>900.211     <span class=\"ls7d\">Ex</span>-participantes<span class=\"_ _1\"></span> 1 <span class=\"ls0\"> </span>391.388  1 <span class=\"ls0\"> </span>457.502     Aposentados 133 <span class=\"ls0\"> </span>12.672.980 <span class=\"_ _1\"></span> 143 <span class=\"ls0\"> </span>14.996.483 <span class=\"_ _1\"></span> Valor de mercado <span class=\"_ _1\"></span>dos fundos<span class=\"_ _1\"></span> (13.360.257) (16.798.826)<span class=\"_ _1\"></span> Total <span class=\"ls7a\">de</span> responsabilid<span class=\"_ _1\"></span>ades l\u00edqu<span class=\"_ _1\"></span>idas 147 <span class=\"ls0\"> </span>400.299  157 <span class=\"ls0\"> </span>(444.631) Informa\u00e7\u00e3o hist\u00f3rica <span class=\"ffa\">\u2013</span> \u00daltimos cinco anos Valores em Euros<span class=\"_ _1\"></span> 2018<span class=\"ls0\"> </span>2019<span class=\"ls0\"> </span>2020<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>2022<span class=\"ls0\"> </span>Valor presente das <span class=\"_ _1\"></span>obriga\u00e7\u00f5es <span class=\"_ _1\"></span> 16.609.101 <span class=\"_ _1\"></span> 17.339.850 <span class=\"_ _1\"></span> 17.087.861 <span class=\"_ _1\"></span> 16.354.196 <span class=\"_ _1\"></span> 13.760.556 <span class=\"_ _1\"></span> Justo valor dos at<span class=\"_ _1\"></span>ivos e conta Res<span class=\"_ _1\"></span>erva 15.544.240 <span class=\"_ _1\"></span> 16.409.644 <span class=\"_ _1\"></span> 15.924.756 <span class=\"_ _1\"></span> 16.798.826 <span class=\"_ _1\"></span> 13.360.257 <span class=\"_ _1\"></span> Excedente / (d<span class=\"_ _1\"></span>\u00e9fice) (1.064.861)<span class=\"_ _1\"></span> (930.206) (1.163.105)<span class=\"_ _1\"></span> 444.631  (400.299) Evolu\u00e7\u00e3o das responsabilidades com planos de benef\u00edcio definido  2022<span class=\"ls0\"> </span>Custo servi\u00e7os Custo  Desvios Pagamentos Saldo inici<span class=\"_ _0\"></span>al correntes dos juros atuariais efetuados Saldo final Valores em Euros<span class=\"_ _1\"></span> Pens\u00f5es com fundo<span class=\"_ _1\"></span> aut\u00f3nomo<span class=\"_ _1\"></span> 16.354.196 <span class=\"_ _1\"></span> 26.336  197.163  (1.624.388)<span class=\"_ _1\"></span> (1.192.751) 13.760.556 <span class=\"_ _1\"></span> 16.354.196 <span class=\"_ _1\"></span> 26.336  197.163  (1.624.388)<span class=\"_ _1\"></span> (1.192.751)<span class=\"_ _1\"></span> 13.760.556 <span class=\"_ _1\"></span> Custo servi\u00e7os Custo dos Desvios Pagamentos 2021<span class=\"ls0\"> </span>Saldo inici<span class=\"_ _0\"></span>al correntes juros atuariais efetuados Saldo final Valores em Euros<span class=\"_ _1\"></span> Pens\u00f5es com fundo<span class=\"_ _1\"></span> aut\u00f3nomo<span class=\"_ _1\"></span> 17.087.861 <span class=\"_ _1\"></span> 44.883  206.569  238.451  (1.223.568) 16.354.196 <span class=\"_ _1\"></span> 17.087.861 <span class=\"_ _1\"></span> 44.883  206.569  238.451  (1.223.568)<span class=\"_ _1\"></span> 16.354.196 <span class=\"_ _1\"></span> A d<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>\u00e9d<span class=\"_ _0\"></span>ia e<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>f\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>fini<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>8 <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>1:<span class=\"_ _0\"></span> 10<span class=\"_ _0\"></span> ano<span class=\"_ _0\"></span>s)<span class=\"_ _0\"></span>. Fundos Fun<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>s\u00f5<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ben<span class=\"_ _0\"></span>ef\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nido<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013</span> <span class=\"_ _0\"></span>Evo<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>\u00e7\u00e3o Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Valor no in\u00edcio<span class=\"_ _1\"></span> 16.798.826 <span class=\"_ _1\"></span> 15.924.756 <span class=\"_ _1\"></span> Dota\u00e7\u00e3o efetuada<span class=\"_ _1\"></span> -  1.390.000 <span class=\"_ _1\"></span> Rendimento esperad<span class=\"_ _1\"></span>o no exerc\u00edcio<span class=\"_ _1\"></span> 202.391  191.470  Remensura\u00e7\u00e3o <span class=\"_ _1\"></span> (2.448.209) 516.168  Pens\u00f5es pagas (1.192.751) (1.223.568) Valor no fim do pe<span class=\"_ _1\"></span>r\u00edodo 13.360.257 <span class=\"_ _1\"></span> 16.798.826 <span class=\"_ _1\"></span> No<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cur<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ui\u00e7<span class=\"_ _0\"></span>\u00f5es p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e b<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>f\u00edc<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>def<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ido apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>Dota<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> int<span class=\"_ _0\"></span>egr<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>\u00e3o se<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o ve<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>fica<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>quer<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bui\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s pa<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>mesm<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, pe<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>bor<span class=\"_ _3b\"></span>a exi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> ess<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>acu<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>. Fun<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pla<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>nef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>def<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> C<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ui\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pr\u00f3<span class=\"_ _0\"></span>ximo<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo </span></span>As <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ui\u00e7<span class=\"_ _0\"></span>\u00f5es <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3xi<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ato <span class=\"_ _0\"></span>anu<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t\u00e3o<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>outr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tabi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>und<span class=\"_ _0\"></span>os. Fun<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pla<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>nef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>fini<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s -<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>m\u00f3n<span class=\"_ _0\"></span>io Valores em Euros<span class=\"_ _1\"></span> 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span> <span class=\"ls9d\">% </span><span class=\"fce sc0\"> </span>31/12/21  <span class=\"ls9d\">% </span><span class=\"fce sc0\"> </span>T\u00edtulos cotados e<span class=\"_ _1\"></span>m mercado at<span class=\"_ _1\"></span>ivo Obriga\u00e7\u00f5es<span class=\"_ _1\"></span> 8.215.933 <span class=\"_ _1\"></span> 61,5% 11.134.262 <span class=\"_ _1\"></span> 66,3% A\u00e7\u00f5es 3.279.544 <span class=\"_ _1\"></span> 24,5% 4.806.144 <span class=\"_ _1\"></span> 28,6% D\u00edvida p\u00fablica<span class=\"_ _1\"></span> 1.199.699 <span class=\"_ _1\"></span> 9,0% -  0,0% Liquidez<span class=\"_ _1\"></span> 217.119  1,6% 858.420  5,1% Outras aplica\u00e7\u00f5es<span class=\"_ _1\"></span> - curto prazo<span class=\"_ _1\"></span> 447.962  3,4% -  0,0% 13.360.257 <span class=\"_ _1\"></span> 100% 16.798.826 <span class=\"_ _1\"></span> 100% 7.2.2<span class=\"lsaf\">. <span class=\"ls0\">Gastos suportados c<span class=\"_ _1\"></span>om planos de <span class=\"_ _1\"></span>benef\u00edcios p\u00f3s <span class=\"_ _1\"></span>emprego<span class=\"_ _1\"></span> </span></span>2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Impacto Impacto no no Contribui\u00e7\u00e3o resultado Contribui\u00e7\u00e3o resultado Custo definida <span class=\"_ _1\"></span>-<span class=\"ls42\">  </span>l\u00edquido  Custo definida <span class=\"_ _1\"></span>-<span class=\"ls42\">  </span>l\u00edquido  servi\u00e7os Juro Contribui\u00e7\u00f5es (Nota servi\u00e7os Juro Contribui\u00e7\u00f5es (Nota Valores em Euros<span class=\"_ _1\"></span> correntes<span class=\"_ _1\"></span> l\u00edquido do per\u00edod<span class=\"_ _1\"></span>o 7.1) correntes<span class=\"_ _1\"></span> l\u00edquido do per\u00edod<span class=\"_ _1\"></span>o 7.1) Pens\u00f5es com fundo<span class=\"_ _1\"></span> aut\u00f3nomo<span class=\"_ _1\"></span> 26.336  (5.229) -  21.107  44.883  15.100  -  59.982  Planos de contr<span class=\"_ _1\"></span>ibui\u00e7\u00e3o defin<span class=\"_ _1\"></span>ida -  -  87.831  87.831  -  -  83.098  83.098  26.336  (5.229) 87.831  108.938  44.883  15.100  83.098  143.080  A 3<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bui\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a ab<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ngi<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>420<span class=\"_ _0\"></span> Col<span class=\"_ _3b\"></span>aborad<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> (2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span>: 4<span class=\"_ _0\"></span>71<span class=\"_ _0\"></span> Col<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ora<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>es) Pol\u00edticas Contabil\u00edsticas Ben<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> p\u00f3s<span class=\"_ _0\"></span>-e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>ego<span class=\"_ _0\"></span> -<span class=\"_ _0\"></span> Plan<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>f\u00edc<span class=\"_ _0\"></span>io d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>o A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>sso <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>r ao<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>egad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ni\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>t\u00edt<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pen<span class=\"_ _0\"></span>s\u00f5<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>elhi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>vali<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>z, <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>pad<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>e pe<span class=\"_ _0\"></span>ns\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span>viv<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>uindo<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nido<span class=\"_ _0\"></span>. A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>stit<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>u f<span class=\"_ _0\"></span>und<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>aut<span class=\"_ _0\"></span>\u00f3n<span class=\"_ _0\"></span>omos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span>e tot<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>uas<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span>. C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> ba<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>todo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>uni<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>to pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>conh<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>stos<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bui\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ef\u00ed<span class=\"_ _0\"></span>cios<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>med<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>rvi<span class=\"_ _0\"></span>\u00e7os<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s pe<span class=\"_ _0\"></span>los<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ega<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Des<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>mod<span class=\"_ _0\"></span>o a <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>tot<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Empr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a \u00e9<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o me<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>sem<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, \u00e0<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ech<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ala<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tas, <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra cad<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>adam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>dep<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te. A r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>dete<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> \u00e9 a<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>na d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span>duz<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fund<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>u\u00eddo<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> ru<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>abili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or b<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>f\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>os. Os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sv<span class=\"_ _0\"></span>ios <span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>iais<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sult<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>onsa<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mada<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o con<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>\u00eanci<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>era\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>aos <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>mog<span class=\"_ _0\"></span>r\u00e1<span class=\"_ _0\"></span>fico<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> gan<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>i\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>adic<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> o r<span class=\"_ _0\"></span>eto<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>uot<span class=\"_ _0\"></span>a-p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span> l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>regi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>egr<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ansi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>. O j<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o l<span class=\"_ _0\"></span>\u00edqu<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u00e0 apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>conto<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> l\u00edq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> (v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>des <span class=\"_ _0\"></span>ded<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>und<span class=\"_ _0\"></span>o) <span class=\"_ _0\"></span>e \u00e9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>o no<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>asto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>al (<span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>7.1<span class=\"_ _0\"></span>). Os <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> liq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> pla<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>\u00f5es d<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>fini<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>esul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ando<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span> liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00e3o oco<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>. U<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ocor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>du\u00e7<span class=\"_ _0\"></span>\u00e3o m<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ial <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> n\u00fa<span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s. Os <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m da <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ple<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>ovo <span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> ou <span class=\"_ _0\"></span>acr<span class=\"_ _0\"></span>\u00e9<span class=\"_ _0\"></span>scim<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>ene<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>. Ben<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> p\u00f3s<span class=\"_ _0\"></span>-e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>ego<span class=\"_ _0\"></span> -<span class=\"_ _0\"></span> Plan<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ontr<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>da A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>u c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>rom<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>sos<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00e0 c<span class=\"_ _0\"></span>ontr<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntri<span class=\"_ _0\"></span>bui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>a, de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cen<span class=\"_ _0\"></span>tag<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s ve<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>gad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>abr<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s, p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>opo<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>r u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>comp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>ns\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ref<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>lhi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>nval<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>z e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span>viv<span class=\"_ _0\"></span>\u00ean<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>. Par<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>fora<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>tu\u00edd<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> Fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Pe<span class=\"_ _0\"></span>ns\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>sam<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>aque<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00f5es,<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s po<span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>uar<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ontr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ui\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> vol<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t\u00e1ri<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>, mas<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> qua<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>pons<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bui<span class=\"_ _0\"></span>\u00e7\u00e3o adi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>pr\u00e9-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>xad<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>sta <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>a, a<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bui<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>stad<span class=\"_ _0\"></span>as com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>a liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00e3o. Estimativas e julgamentos Pr<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>osto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>ais 31/12/22 31/12/21 F\u00f3rmula de Bene<span class=\"_ _1\"></span>f\u00edcios da Seguran<span class=\"_ _1\"></span>\u00e7a Social<span class=\"_ _1\"></span> Decreto-Lei n\u00ba<span class=\"_ _1\"></span> 187/2007 de 10<span class=\"_ _1\"></span> de maio<span class=\"_ _1\"></span> Tabelas de <span class=\"_ _1\"></span>invalidez   EKV 80  EKV 80  Tabelas de morta<span class=\"_ _1\"></span>lidade TV 88/90 TV 88/90 Taxa de juro t\u00e9cn<span class=\"_ _1\"></span>ica 3,50% 1,25% Taxa de crescimento<span class=\"_ _1\"></span> salarial<span class=\"_ _1\"></span> 2,00% 1,00% Taxa de remunera\u00e7\u00e3o<span class=\"_ _1\"></span> dos ativos d<span class=\"_ _1\"></span>os planos<span class=\"_ _1\"></span> 3,50% 1,25% Taxa de crescimento<span class=\"_ _1\"></span> das pens\u00f5es<span class=\"_ _1\"></span> 2,00% 1,00% An\u00e1<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>era <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>\u00e9c<span class=\"_ _0\"></span>nica<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>cime<span class=\"_ _3b\"></span>nto d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pen<span class=\"_ _0\"></span>s\u00f5<span class=\"_ _0\"></span>es e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>a com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>var<span class=\"_ _0\"></span>i\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>\u00e1lcu<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>onsa<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> pl<span class=\"_ _0\"></span>anos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>fini<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s.  Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m b<span class=\"_ _0\"></span>aix<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de 0<span class=\"_ _0\"></span>,5 <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cent<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>taxa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>tiliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a (<span class=\"_ _0\"></span>3,5<span class=\"_ _0\"></span>%)<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>c\u00e1l<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>lo d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> re<span class=\"_ _3b\"></span>spons<span class=\"_ _0\"></span>abili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>aria<span class=\"_ _0\"></span> um acr<span class=\"_ _0\"></span>\u00e9s<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>mo d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pon<span class=\"_ _0\"></span>sab<span class=\"_ _0\"></span>ilid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac54<span class=\"_ _0\"></span>3.<span class=\"_ _0\"></span>48<span class=\"_ _0\"></span>5 (e<span class=\"_ _0\"></span>m 3<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>zem<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em b<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>0,2<span class=\"_ _0\"></span>5 po<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntu<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s ori<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nar<span class=\"_ _0\"></span>ia u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>acr<span class=\"_ _0\"></span>\u00e9s<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>mo d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sab<span class=\"_ _0\"></span>ilid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es de<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e \u20ac<span class=\"_ _0\"></span><span class=\"ff1 ls16\">399<span class=\"ls0\">.516<span class=\"_ _0\"></span><span class=\"lsd\">).<span class=\"ls0\"> </span></span></span></span>Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>alta<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 0<span class=\"_ _0\"></span>,5 <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cent<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>tiliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a (<span class=\"_ _0\"></span>3,5<span class=\"_ _0\"></span>%)<span class=\"_ _0\"></span> no <span class=\"_ _0\"></span>c\u00e1l<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>lo d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ori<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>aria<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>abili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>des <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac5<span class=\"_ _0\"></span>40<span class=\"_ _0\"></span>.5<span class=\"_ _0\"></span>89<span class=\"ff1\"> <span class=\"_ _0\"></span>(e<span class=\"_ _0\"></span>m 31 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>zem<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma </span>alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>0,25<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>onto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rce<span class=\"_ _0\"></span>ntu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> ori<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nar<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>uma <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"ff9\">\u20ac<span class=\"_ _0\"></span><span class=\"ff1 ls16\">382<span class=\"ls0\">.788<span class=\"_ _0\"></span><span class=\"lsd\">).<span class=\"ls0\"> </span></span></span></span></span>Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m b<span class=\"_ _0\"></span>aix<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de 0<span class=\"_ _0\"></span>,5 <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cent<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>taxa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>esci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ada <span class=\"_ _0\"></span>(2%<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> c\u00e1l<span class=\"_ _0\"></span>cul<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>resp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sab<span class=\"_ _0\"></span>ilid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>\u00f5es or<span class=\"_ _0\"></span>igi<span class=\"_ _0\"></span>nari<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span><span class=\"lsd\">de<span class=\"ff9 ls0\">cr\u00e9<span class=\"_ _0\"></span>sci<span class=\"_ _0\"></span>mo d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cer<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac<span class=\"ff1 ls16\">489<span class=\"ls0\">.<span class=\"_ _0\"></span>928<span class=\"_ _0\"></span>. </span></span></span></span>Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>alta<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 0<span class=\"_ _0\"></span>,5 <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cent<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e cr<span class=\"_ _0\"></span>esci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>ada <span class=\"_ _0\"></span>(2%<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> c\u00e1l<span class=\"_ _0\"></span>cul<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>resp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sab<span class=\"_ _0\"></span>ilid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ens\u00f5<span class=\"_ _0\"></span>es or<span class=\"_ _0\"></span>igi<span class=\"_ _0\"></span>nari<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>acr<span class=\"_ _0\"></span>\u00e9s<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>o <span class=\"ff9\">d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pon<span class=\"_ _0\"></span>sabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> cer<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>\u20ac5<span class=\"ff1 ls16\">20<span class=\"ls0\">.<span class=\"_ _0\"></span><span class=\"ls16\">239.<span class=\"ls0\"> </span></span></span></span></span>7.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Remu<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>\u00d3r<span class=\"_ _0\"></span>g\u00e3<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> </span></span>So<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>is Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>\u00d3rg\u00e3os Sociais da<span class=\"_ _1\"></span> Navigator<span class=\"_ _1\"></span>   <span class=\"ls0\">Conselh<span class=\"_ _1\"></span>o de Administra\u00e7\u00e3<span class=\"_ _1\"></span>o </span>1.244.781 1.244.461   <span class=\"ls0\">Conselh<span class=\"_ _1\"></span>o Fiscal </span>46.284 46.284   <span class=\"ls0\">Conselh<span class=\"_ _1\"></span>o Ambiental  </span>57.250 33.500   <span class=\"ls0\">Mesa da Asse<span class=\"_ _1\"></span>mbleia Gera<span class=\"_ _1\"></span>l </span>7.000 4.000 1.355.315 1.328.245 Remunera\u00e7\u00e3o dos membros do Conselho de Administra\u00e7\u00e3o Tod<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ol\u00ed<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>sel<span class=\"_ _0\"></span>ho d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Admi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o Re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>\u00f3r<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gov<span class=\"_ _0\"></span>ern<span class=\"_ _0\"></span>o S<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Soci<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ade.<span class=\"_ _0\"></span> No<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>a be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>f\u00edc<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s p\u00f3s<span class=\"_ _0\"></span>-e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>ego<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> 31 <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>deze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a pl<span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>nef<span class=\"_ _0\"></span>\u00edci<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>\u00f3s<span class=\"_ _0\"></span>-em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>mini<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>or da <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>sce<span class=\"_ _0\"></span>n<span class=\"ff9\">di<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> \u20ac<span class=\"_ _0\"></span>827.<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>5<span class=\"ff1\"> <span class=\"_ _0\"></span>(31 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>zem<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span><span class=\"ff9\">: \u20ac<span class=\"_ _0\"></span>9<span class=\"ff1 ls16\">56<span class=\"ls0\">.7<span class=\"_ _0\"></span>64)<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>cion<span class=\"_ _0\"></span>alme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>\u00eas </span></span></span></span></span>do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>Ad<span class=\"_ _0\"></span>mini<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s s\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cipa<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pla<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Br<span class=\"_ _0\"></span>ands<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>.A.,<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>ria <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> So<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> qua<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>bor<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> daq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>cied<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>rar<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> car<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>admi<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>. Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>021<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>elat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>sel<span class=\"_ _0\"></span>ho <span class=\"_ _0\"></span>de Adm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or, n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tiam<span class=\"_ _0\"></span>: i<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>quai<span class=\"_ _0\"></span>sq<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> res<span class=\"_ _0\"></span>pon<span class=\"_ _0\"></span>sab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> adi<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>afet<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a out<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>bene<span class=\"_ _0\"></span>f\u00edc<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>ongo<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>raz<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>ii)<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>f\u00edci<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>o, i<span class=\"_ _0\"></span>ii)<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> a\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>trib<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> nem <span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>) q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>sq<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> sa<span class=\"_ _0\"></span>ldo<span class=\"_ _0\"></span>s pe<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.8.<span class=\"ffd ls0\"> <span class=\"_ _ab\"> </span><span class=\"ff3\">Ins<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>eiro<span class=\"_ _0\"></span>s </span></span>8.1.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Gest<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o </span></span>A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa, <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>n\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r,<span class=\"_ _0\"></span> tem<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m p<span class=\"_ _0\"></span>rog<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> sua<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>\u00e1li<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a at<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sem<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nim<span class=\"_ _0\"></span>izar<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>dv<span class=\"_ _0\"></span>ers<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>na s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>ce f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a. A<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nduz<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>re\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>rdo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>pol\u00ed<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ova<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>os r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s C<span class=\"_ _0\"></span>onse<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de Adm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>nhad<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Comi<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Ris<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>. A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ti<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a po<span class=\"_ _0\"></span>stur<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do r<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o, p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nimi<span class=\"_ _0\"></span>zar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s pot<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ais ef<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>adv<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sos<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ocia<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>nom<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>dame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>no q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spei<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>isco<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>. 8.1.1. Risco cam<span class=\"_ _1\"></span>bial Pol\u00edtica<span class=\"_ _0\"></span> de gest\u00e3o do <span class=\"_ _0\"></span>risco cambial Uma part<span class=\"_ _0\"></span>e significat<span class=\"_ _0\"></span>iva das ven<span class=\"_ _0\"></span>das da Emp<span class=\"_ _0\"></span>resa \u00e9 deno<span class=\"_ _0\"></span>minada <span class=\"_ _0\"></span>em moed<span class=\"_ _0\"></span>as diferen<span class=\"_ _0\"></span>tes do Euro<span class=\"_ _0\"></span>, pe<span class=\"_ _0\"></span>lo que a sua <span class=\"_ _0\"></span>evolu\u00e7\u00e3o pod<span class=\"_ _0\"></span>er\u00e1 <span class=\"_ _0\"></span>ter um impacto <span class=\"_ _0\"></span>significat<span class=\"_ _0\"></span>ivo nos f<span class=\"_ _0\"></span>luxos de ca<span class=\"_ _0\"></span>ixa obtidos com<span class=\"_ _0\"></span> as v<span class=\"_ _0\"></span>endas futuras<span class=\"_ _0\"></span> da Empr<span class=\"_ _0\"></span>esa, se<span class=\"_ _0\"></span>ndo a mo<span class=\"_ _0\"></span>eda com ma<span class=\"_ _0\"></span>ior impa<span class=\"_ _0\"></span>cto o USD. Tamb\u00e9m <span class=\"_ _0\"></span>as vendas <span class=\"_ _0\"></span>em GBP<span class=\"_ _0\"></span>, PLN e CH<span class=\"_ _0\"></span>F t\u00eam alg<span class=\"_ _0\"></span>uma expre<span class=\"_ _0\"></span>ss\u00e3o, tendo a<span class=\"_ _0\"></span>s vendas no<span class=\"_ _0\"></span>utras mo<span class=\"_ _0\"></span>edas m<span class=\"_ _0\"></span>enor sig<span class=\"_ _0\"></span>nificado. As compra<span class=\"_ _0\"></span>s de algum<span class=\"_ _0\"></span>as mat\u00e9<span class=\"_ _0\"></span>rias-primas <span class=\"_ _0\"></span>s\u00e3o efetuad<span class=\"_ _0\"></span>as em U<span class=\"_ _0\"></span>SD, nom<span class=\"_ _0\"></span>eadam<span class=\"_ _0\"></span>ente par<span class=\"_ _0\"></span>te das impo<span class=\"_ _0\"></span>rta\u00e7\u00f5es d<span class=\"_ _0\"></span>e madeira <span class=\"_ _0\"></span>e de pasta <span class=\"_ _0\"></span>de fibra longa, p<span class=\"_ _0\"></span>elo qu<span class=\"_ _0\"></span>e varia\u00e7\u00f5es <span class=\"_ _0\"></span>nesta mo<span class=\"_ _0\"></span>eda pod<span class=\"_ _0\"></span>er\u00e3o ter um <span class=\"_ _0\"></span>impacto <span class=\"_ _0\"></span>nos va<span class=\"_ _0\"></span>lores de aquisi\u00e7\u00e3o. Adicionalme<span class=\"_ _0\"></span>nte, e um<span class=\"_ _0\"></span>a vez conc<span class=\"_ _0\"></span>retizada um<span class=\"_ _0\"></span>a venda o<span class=\"_ _0\"></span>u compra <span class=\"_ _0\"></span>em moed<span class=\"_ _0\"></span>a diferent<span class=\"_ _0\"></span>e do Euro<span class=\"_ _0\"></span>, a Empres<span class=\"_ _0\"></span>a incorre <span class=\"_ _0\"></span>em risco <span class=\"_ _0\"></span>cambial at\u00e9 ao re<span class=\"_ _0\"></span>cebimento o<span class=\"_ _0\"></span>u pagam<span class=\"_ _0\"></span>ento dess<span class=\"_ _0\"></span>a venda ou co<span class=\"_ _0\"></span>mpra, c<span class=\"_ _0\"></span>aso n\u00e3o c<span class=\"_ _0\"></span>ontrate inst<span class=\"_ _0\"></span>rumentos <span class=\"_ _0\"></span>de co<span class=\"_ _0\"></span>bertura d<span class=\"_ _0\"></span>este risco. D<span class=\"_ _0\"></span>este mod<span class=\"_ _0\"></span>o, existe per<span class=\"_ _0\"></span>manentem<span class=\"_ _0\"></span>ente, no <span class=\"_ _0\"></span>seu ativo, um<span class=\"_ _0\"></span> mont<span class=\"_ _0\"></span>ante sign<span class=\"_ _0\"></span>ificativo de c<span class=\"_ _0\"></span>r\u00e9ditos a r<span class=\"_ _0\"></span>eceber, as<span class=\"_ _0\"></span>sim como<span class=\"_ _0\"></span>, embora co<span class=\"_ _0\"></span>m m<span class=\"_ _0\"></span>enor express\u00e3o<span class=\"_ _0\"></span>, d\u00e9bitos <span class=\"_ _0\"></span>a pagar, <span class=\"_ _0\"></span>expostos a r<span class=\"_ _0\"></span>isco camb<span class=\"_ _0\"></span>ial.  A Empresa d<span class=\"_ _0\"></span>et\u00e9m <span class=\"_ _0\"></span>subsidi\u00e1rias n<span class=\"_ _0\"></span>o estrang<span class=\"_ _0\"></span>eiro que <span class=\"_ _0\"></span>a exp\u00f5em ao<span class=\"_ _0\"></span> risco camb<span class=\"_ _0\"></span>ial, nom<span class=\"_ _0\"></span>eadame<span class=\"_ _0\"></span>nte a Navigator No<span class=\"_ _0\"></span>rth Am<span class=\"_ _0\"></span>erica nos Estados Un<span class=\"_ _0\"></span>idos e a Por<span class=\"_ _0\"></span>tucel Mo<span class=\"_ _0\"></span>\u00e7ambique. P<span class=\"_ _0\"></span>ara al\u00e9m d<span class=\"_ _0\"></span>estas o<span class=\"_ _0\"></span>pera\u00e7\u00f5<span class=\"_ _0\"></span>es, a Empr<span class=\"_ _0\"></span>esa n\u00e3o d<span class=\"_ _0\"></span>et\u00e9m mais <span class=\"_ _0\"></span>investime<span class=\"_ _0\"></span>ntos em op<span class=\"_ _0\"></span>era\u00e7\u00f5es<span class=\"_ _0\"></span> externas q<span class=\"_ _0\"></span>ue sejam m<span class=\"_ _0\"></span>ateria<span class=\"_ _0\"></span>lmente r<span class=\"_ _0\"></span>elevantes <span class=\"_ _0\"></span>e cujos at<span class=\"_ _0\"></span>ivos l\u00edquidos <span class=\"_ _0\"></span>estejam exp<span class=\"_ _0\"></span>ostos ao <span class=\"_ _0\"></span>risco camb<span class=\"_ _0\"></span>ial. Utiliza\u00e7\u00e3o<span class=\"_ _0\"></span> de instru<span class=\"_ _0\"></span>mentos<span class=\"_ _0\"></span> financeiro<span class=\"_ _0\"></span>s derivados<span class=\"_ _0\"></span> A Empresa r<span class=\"_ _0\"></span>ecorre <span class=\"_ _0\"></span>\u00e0 utiliza\u00e7\u00e3o<span class=\"_ _0\"></span> de instr<span class=\"_ _0\"></span>umentos f<span class=\"_ _0\"></span>inanceiros d<span class=\"_ _0\"></span>erivados p<span class=\"_ _0\"></span>ara a g<span class=\"_ _0\"></span>est\u00e3o do risco <span class=\"_ _0\"></span>cambial, d<span class=\"_ _0\"></span>e acordo<span class=\"_ _0\"></span> com um<span class=\"_ _0\"></span>a pol\u00edti<span class=\"lsb2\">ca </span>definida pe<span class=\"_ _0\"></span>riodicame<span class=\"_ _0\"></span>nte e que t<span class=\"_ _0\"></span>em como o<span class=\"_ _0\"></span>bjetivo lim<span class=\"_ _0\"></span>itar o r<span class=\"_ _0\"></span>isco l\u00edquido d<span class=\"_ _0\"></span>e exposi\u00e7\u00e3o camb<span class=\"_ _0\"></span>ial associado <span class=\"_ _0\"></span>\u00e0s vendas<span class=\"_ _0\"></span> e compr<span class=\"_ _0\"></span>as futuras, ao<span class=\"_ _0\"></span>s cr\u00e9ditos <span class=\"_ _0\"></span>e d\u00e9b<span class=\"_ _0\"></span>itos a receber <span class=\"_ _0\"></span>e a pag<span class=\"_ _0\"></span>ar e outro<span class=\"_ _0\"></span>s ativos de<span class=\"_ _0\"></span>nominados <span class=\"_ _0\"></span>em moed<span class=\"_ _0\"></span>as diferen<span class=\"_ _0\"></span>tes do Euro<span class=\"_ _0\"></span>. Nos per<span class=\"_ _0\"></span>\u00edodos aprese<span class=\"_ _0\"></span>ntados, a E<span class=\"_ _0\"></span>mpresa d<span class=\"_ _0\"></span>et\u00e9m de<span class=\"_ _0\"></span>rivados qu<span class=\"_ _0\"></span>e se encon<span class=\"_ _0\"></span>tram a c<span class=\"_ _0\"></span>obrir o risco <span class=\"_ _0\"></span>cambial d<span class=\"_ _0\"></span>e opera\u00e7\u00f5es futur<span class=\"_ _0\"></span>as em m<span class=\"_ _0\"></span>oeda diferente d<span class=\"_ _0\"></span>a moeda<span class=\"_ _0\"></span> de apres<span class=\"_ _0\"></span>enta\u00e7\u00e3o. Exposi\u00e7\u00e3o dos ativos e passivos financeiros ao risco cambial  e an\u00e1lise de sensibilidade  D\u00f3lar norte- Libra  Zloti   Franco   Total  31 de dezembro de 202<span class=\"_ _1\"></span>2 americano <span class=\"_ _0\"></span> esterlina  polaco  su\u00ed\u00e7o  (Euros)  Valores em Divisas<span class=\"_ _1\"></span> Caixa e equiva<span class=\"_ _1\"></span>lentes de caixa<span class=\"_ _1\"></span> 834.228  600.459  524.784  60.783  1.632.988 <span class=\"_ _1\"></span> Valores a receber<span class=\"_ _1\"></span> 95.245.898 <span class=\"_ _1\"></span> 27.203.259 <span class=\"_ _1\"></span> 22.284.073 <span class=\"_ _1\"></span> 3.171.682 <span class=\"_ _1\"></span> 127.951.572 <span class=\"_ _1\"></span> Total de ativos f<span class=\"_ _1\"></span>inanceiros<span class=\"_ _1\"></span> 96.080.126 <span class=\"_ _1\"></span> 27.803.718 <span class=\"_ _1\"></span> 22.808.857 <span class=\"_ _1\"></span> 3.232.465  129.584.560 <span class=\"_ _1\"></span> Valores a pagar<span class=\"_ _1\"></span> (51.526) (234.729) -  (30.685) (344.124) Total de pa<span class=\"_ _1\"></span>ssivos financeiros<span class=\"_ _1\"></span> (51.526) (234.729) -  (30.685) (344.124) Posi\u00e7\u00e3o finance<span class=\"_ _1\"></span>ira l\u00edquida e<span class=\"_ _1\"></span>m moeda 96.028.600 <span class=\"_ _1\"></span> 27.568.989 <span class=\"_ _1\"></span> 22.808.857 <span class=\"_ _1\"></span> 3.201.780  129.240.436 <span class=\"_ _1\"></span> estrangeira<span class=\"_ _1\"></span> Posi\u00e7\u00e3o finance<span class=\"_ _1\"></span>ira l\u00edquida e<span class=\"_ _1\"></span>m Euros 90.032.440 <span class=\"_ _1\"></span> 31.083.613 <span class=\"_ _1\"></span> 4.872.854  3.251.528  129.240.435 <span class=\"_ _1\"></span> Impacto da varia\u00e7\u00e3o d<span class=\"_ _1\"></span>e + 10%<span class=\"_ _1\"></span> em todas as taxas d<span class=\"_ _1\"></span>e c\u00e2mbio nos 11.749.131 <span class=\"_ _1\"></span> resultados do p<span class=\"_ _1\"></span>er\u00edodo Impacto da varia\u00e7\u00e3o d<span class=\"_ _1\"></span>e  -10<span class=\"_ _1\"></span>% em todas as taxas d<span class=\"_ _1\"></span>e c\u00e2mbio nos (14.360.048)<span class=\"_ _1\"></span> resultados do p<span class=\"_ _1\"></span>er\u00edodo  D\u00f3lar norte- Libra  Zloti   Franco   Total  31 de dezembro de 202<span class=\"_ _1\"></span>1 americano <span class=\"_ _0\"></span> esterlina  polaco  su\u00ed\u00e7o  (Euros)  Valores em Divisas<span class=\"_ _1\"></span> Caixa e equiva<span class=\"_ _1\"></span>lentes de caixa<span class=\"_ _1\"></span> 2.180.829 <span class=\"_ _1\"></span> 263.672  288.237  117.265  2.415.508 <span class=\"_ _1\"></span> Valores a receber<span class=\"_ _1\"></span> 111.969.488 <span class=\"_ _1\"></span> 16.861.333 <span class=\"_ _1\"></span> 10.996.016 <span class=\"_ _1\"></span> 1.397.421 <span class=\"_ _1\"></span> 122.671.601 <span class=\"_ _1\"></span> Total de ativos f<span class=\"_ _1\"></span>inanceiros<span class=\"_ _1\"></span> 114.150.317 <span class=\"_ _1\"></span> 17.125.005 <span class=\"_ _1\"></span> 11.284.253 <span class=\"_ _1\"></span> 1.514.686  125.087.108 <span class=\"_ _1\"></span> Valores a pagar<span class=\"_ _1\"></span> (5.701.640) (58.920) -  (36.545) (5.139.610) Total de pa<span class=\"_ _1\"></span>ssivos financeiros<span class=\"_ _1\"></span> (5.701.640)<span class=\"_ _1\"></span> (58.920) -  (36.545) (5.139.610)<span class=\"_ _1\"></span> Posi\u00e7\u00e3o finance<span class=\"_ _1\"></span>ira l\u00edquida e<span class=\"_ _1\"></span>m moeda 108.448.677 <span class=\"_ _1\"></span> 17.066.085 <span class=\"_ _1\"></span> 11.284.253 <span class=\"_ _1\"></span> 1.478.141  estrangeira<span class=\"_ _1\"></span> Posi\u00e7\u00e3o finance<span class=\"_ _1\"></span>ira l\u00edquida e<span class=\"_ _1\"></span>m Euros 95.751.966 <span class=\"_ _1\"></span> 20.309.997 <span class=\"_ _1\"></span> 2.454.753  1.430.782  119.947.498 <span class=\"_ _1\"></span> Impacto da varia\u00e7\u00e3o d<span class=\"_ _1\"></span>e + 10%<span class=\"_ _1\"></span> em todas as taxas d<span class=\"_ _1\"></span>e c\u00e2mbio nos 8.223.512  resultados do p<span class=\"_ _1\"></span>er\u00edodo Impacto da varia\u00e7\u00e3o d<span class=\"_ _1\"></span>e  -10<span class=\"_ _1\"></span>% em todas as taxas d<span class=\"_ _1\"></span>e c\u00e2mbio nos (10.199.055)<span class=\"_ _1\"></span> resultados do p<span class=\"_ _1\"></span>er\u00edodo Na <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa d<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ulg<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>o ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> cam<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>n\u00e1l<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sibi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>, ex<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>divi<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zou<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, m<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>que <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e b<span class=\"_ _0\"></span>ala<span class=\"_ _0\"></span>n\u00e7o,<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>sui<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00f5es <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>is re<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>az\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> as <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c\u00e2<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>o di<span class=\"_ _0\"></span>vu<span class=\"_ _0\"></span>lg<span class=\"_ _0\"></span>adas<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>1.<span class=\"_ _0\"></span>4.3<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> mai<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>n\u00fam<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>moe<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tada<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>not<span class=\"_ _0\"></span>a. 8.1.<span class=\"ls0\">2. Risco de<span class=\"_ _1\"></span> taxa de juro<span class=\"_ _1\"></span> </span>Pol\u00edtica<span class=\"_ _0\"></span> de gest\u00e3o do <span class=\"_ _0\"></span>risco de taxa d<span class=\"_ _0\"></span>e juro Uma part<span class=\"_ _0\"></span>e do custo a<span class=\"_ _0\"></span>ssoc<span class=\"_ _0\"></span>iado \u00e0 d\u00edvida f<span class=\"_ _0\"></span>inance<span class=\"_ _0\"></span>ira contra\u00edda p<span class=\"_ _0\"></span>ela Empr<span class=\"_ _0\"></span>esa est\u00e1 <span class=\"_ _0\"></span>indexada a <span class=\"_ _0\"></span>taxas de r<span class=\"_ _0\"></span>efer\u00eanc<span class=\"_ _0\"></span>ia de curto<span class=\"_ _0\"></span> prazo, revistas com <span class=\"_ _0\"></span>uma pe<span class=\"_ _0\"></span>riodicidad<span class=\"_ _0\"></span>e inferior a <span class=\"_ _0\"></span>um ano (<span class=\"_ _0\"></span>geralmen<span class=\"_ _0\"></span>te seis m<span class=\"_ _0\"></span>eses na d<span class=\"_ _0\"></span>\u00edvida de m<span class=\"_ _0\"></span>\u00e9dio e longo<span class=\"_ _0\"></span> prazo). <span class=\"_ _0\"></span>Deste mo<span class=\"_ _0\"></span>do, varia\u00e7\u00f5es n<span class=\"_ _0\"></span>as taxas d<span class=\"_ _0\"></span>e juro pod<span class=\"_ _0\"></span>em afetar o<span class=\"_ _0\"></span>s resu<span class=\"_ _0\"></span>ltados da Emp<span class=\"_ _0\"></span>resa. A estrat\u00e9g<span class=\"_ _0\"></span>ia de ges<span class=\"_ _0\"></span>t\u00e3o do r<span class=\"_ _0\"></span>isco de taxa d<span class=\"_ _0\"></span>e juro \u00e9 r<span class=\"_ _0\"></span>evista an<span class=\"_ _0\"></span>ualment<span class=\"_ _0\"></span>e pela Empr<span class=\"_ _0\"></span>esa, send<span class=\"_ _0\"></span>o que atu<span class=\"_ _0\"></span>almente <span class=\"_ _0\"></span>a Empr<span class=\"_ _0\"></span>esa mant\u00e9m<span class=\"_ _0\"></span> grande p<span class=\"_ _0\"></span>arte da s<span class=\"_ _0\"></span>ua d\u00edvida n<span class=\"_ _0\"></span>egociada <span class=\"_ _0\"></span>a taxa fixa<span class=\"_ _0\"></span>. Utiliza\u00e7\u00e3o<span class=\"_ _0\"></span> de instru<span class=\"_ _0\"></span>mentos<span class=\"_ _0\"></span> financeiros d<span class=\"_ _0\"></span>erivados<span class=\"_ _0\"></span> Nos caso<span class=\"_ _0\"></span>s em que a <span class=\"_ _0\"></span>Administr<span class=\"_ _0\"></span>a\u00e7\u00e3o cons<span class=\"_ _0\"></span>idera ad<span class=\"_ _0\"></span>equado, a Emp<span class=\"_ _0\"></span>resa r<span class=\"_ _0\"></span>ecorre \u00e0 <span class=\"_ _0\"></span>utiliza\u00e7\u00e3o d<span class=\"_ _0\"></span>e instrume<span class=\"_ _0\"></span>ntos financ<span class=\"_ _0\"></span>eiros der<span class=\"_ _0\"></span>ivados (Nota 8.2), <span class=\"_ _0\"></span>nomead<span class=\"_ _0\"></span>amente s<span class=\"_ _0\"></span>waps, tendo<span class=\"_ _0\"></span> estes <span class=\"_ _0\"></span>instrumentos <span class=\"_ _0\"></span>como o<span class=\"_ _0\"></span>bjetivo d<span class=\"_ _0\"></span>e fixar a taxa <span class=\"_ _0\"></span>de j<span class=\"_ _0\"></span>uro dos emp<span class=\"_ _0\"></span>r\u00e9stimos q<span class=\"_ _0\"></span>ue obt\u00e9m, dentro d<span class=\"_ _0\"></span>e determinado<span class=\"_ _0\"></span>s par\u00e2m<span class=\"_ _0\"></span>etros, con<span class=\"_ _0\"></span>siderado<span class=\"_ _0\"></span>s adequad<span class=\"_ _0\"></span>os pe<span class=\"_ _0\"></span>las pol\u00edticas d<span class=\"_ _0\"></span>e gest\u00e3o d<span class=\"_ _0\"></span>e risco <span class=\"_ _0\"></span>da Empresa<span class=\"_ _0\"></span>. Exposi\u00e7\u00e3o ao risco de taxa de juro A 3<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 6%<span class=\"_ _3b\"></span> (31 <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>dez<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bro <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21<span class=\"lsd\">: </span>5%<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>cus<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> d\u00edv<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00edd<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span> Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tav<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>xa<span class=\"_ _0\"></span>do a<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>r\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>to p<span class=\"_ _0\"></span>raz<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>feri<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>ano<span class=\"_ _0\"></span> (g<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>lme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a d\u00ed<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>\u00e9d<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>e lo<span class=\"_ _0\"></span>ngo<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>o) e<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>iona<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>r\u00e9m<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>ego<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>m,<span class=\"_ _0\"></span> var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s nas<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e j<span class=\"_ _3b\"></span>uro p<span class=\"_ _0\"></span>ode<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa.<span class=\"_ _0\"></span> A N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>vil<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>ado a<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>d\u00edv<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>do \u00e0<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>deri<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>ome<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>swa<span class=\"_ _0\"></span>ps<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> jur<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>o ob<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>xar<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>r\u00e9<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>s qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>obt<span class=\"_ _0\"></span>\u00e9m<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>rmi<span class=\"_ _3b\"></span>nados<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ar\u00e2<span class=\"_ _0\"></span>met<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>.  Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro 2<span class=\"_ _0\"></span>022<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> 31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1, <span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> a r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de j<span class=\"_ _3b\"></span>uro e<span class=\"_ _0\"></span>m f<span class=\"_ _0\"></span>un\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>de re<span class=\"_ _0\"></span>fix<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>no q<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e: 3-12 Mais Valores em Euros<span class=\"_ _1\"></span>  At\u00e9 1 m\u00eas 1-3 mesesmeses 1-5 anosde 5 anos   Total A 31 de deze<span class=\"_ _1\"></span>mbro de 2022<span class=\"_ _1\"></span> Ativos Correntes Caixa e seus equ<span class=\"_ _1\"></span>ivalentes 390.640.161 - - - - 390.640.161 Total de ativos f<span class=\"_ _1\"></span>inanceiros<span class=\"_ _1\"></span> 390.640.161 - - - - 390.640.161 Passivos N\u00e3o correntes<span class=\"_ _1\"></span> Financiamentos<span class=\"_ _1\"></span> obtidos - - - 492.801.587 123.710.317 616.511.904 Correntes - Financiamentos<span class=\"_ _1\"></span> obtidos 297.339.235 49.857.143 25.218.254 - - 372.414.632 Total de pa<span class=\"_ _1\"></span>ssivos financeiros<span class=\"_ _1\"></span> 297.339.235 49.857.143 25.218.254 492.801.587 123.710.317 988.926.536 Diferencial acu<span class=\"_ _1\"></span>mulado 93.300.926 43.443.783 18.225.529 <span class=\"_ _1\"></span> (474.576.058)<span class=\"_ _1\"></span> (598.286.375)<span class=\"_ _1\"></span>  3-12  Mais  Valores em Euros<span class=\"_ _1\"></span>  At\u00e9 1 m\u00eas <span class=\"_ _0\"></span>  1-3 meses <span class=\"_ _0\"></span> meses   1-5 anos  de 5 anos  <span class=\"fce sc0\"> </span> Total  A 31 de deze<span class=\"_ _1\"></span>mbro de 2021<span class=\"_ _1\"></span><span class=\"fc4\"> </span>Ativos Correntes Caixa e seus equ<span class=\"_ _1\"></span>ivalentes 354.336.647 <span class=\"_ _1\"></span> -  -  -  -  354.336.647 <span class=\"_ _1\"></span> Total de ativos f<span class=\"_ _1\"></span>inanceiros<span class=\"_ _1\"></span> 354.336.647 <span class=\"_ _1\"></span> -  -  -  -  354.336.647 <span class=\"_ _1\"></span> Passivos N\u00e3o correntes<span class=\"_ _1\"></span> Financiamentos<span class=\"_ _1\"></span> obtidos -  -  -  647.913.901 <span class=\"_ _1\"></span> 32.202.381 <span class=\"_ _1\"></span> 680.116.282 <span class=\"_ _1\"></span> Correntes -  Financiamentos<span class=\"_ _1\"></span> obtidos -  115.218.254 <span class=\"_ _1\"></span> -  -  -  115.218.254 <span class=\"_ _1\"></span> Total de pa<span class=\"_ _1\"></span>ssivos financeiros<span class=\"_ _1\"></span> -  115.218.254 <span class=\"_ _1\"></span> -  647.913.901 <span class=\"_ _1\"></span> 32.202.381 <span class=\"_ _1\"></span> 795.334.536 <span class=\"_ _1\"></span> Diferencial acu<span class=\"_ _1\"></span>mulado 354.336.647 <span class=\"_ _1\"></span> 239.118.393 <span class=\"_ _1\"></span> 239.118.393 <span class=\"_ _1\"></span> (408.795.508)<span class=\"_ _1\"></span> (440.997.889)<span class=\"_ _1\"></span> Estimativas e julgamentos An\u00e1<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> A N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>za <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>\u00e9c<span class=\"_ _0\"></span>nic<span class=\"_ _0\"></span>a da<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>\u00e1li<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stima<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>os re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>is d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> aum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>dimi<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>i\u00e7\u00e3<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>diata<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rcad<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>out<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>ari\u00e1<span class=\"_ _0\"></span>veis<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>Est<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>n\u00e1l<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> ape<span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> il<span class=\"_ _0\"></span>ustr<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span>, j<span class=\"_ _0\"></span>\u00e1 q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00e1ti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> ra<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> se <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>isol<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>. A a<span class=\"_ _0\"></span>n\u00e1l<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sibi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> \u00e9 b<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ssup<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span>: i)<span class=\"ls0\"> <span class=\"_ _4d\"> </span>Alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>m r<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> jur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> </span>de<span class=\"_ _0\"></span> Ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> var<span class=\"_ _0\"></span>i\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s; ii) <span class=\"_ _35\"> </span>Alte<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>uro d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>afe<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> In<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ncei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>; iii<span class=\"_ _0\"></span>) <span class=\"_ _61\"> </span>Alte<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s no<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e In<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ncei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>eriv<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s e pas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>imad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>do o<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>flu<span class=\"_ _0\"></span>xos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>aix<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>utur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> l\u00edq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>dos,<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>zan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>rca<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nal <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>o. Um <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 0<span class=\"_ _0\"></span>,50%<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ais s<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>lcu<span class=\"_ _0\"></span>lad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> jur<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9sti<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ela <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> ter<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span> nos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>eus<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lta<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> de im<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>ndo <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cer<span class=\"_ _0\"></span><span class=\"ff9\">ca <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>\u20ac23<span class=\"_ _0\"></span>3.<span class=\"_ _0\"></span>333<span class=\"_ _0\"></span> (3<span class=\"_ _0\"></span>1<span class=\"ff1\"> <span class=\"_ _0\"></span>de </span></span>de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span>: \u20ac<span class=\"_ _0\"></span>10<span class=\"_ _0\"></span>6.2<span class=\"_ _0\"></span>50)<span class=\"_ _0\"></span>.8.1.<span class=\"ls0\">3. Risco de<span class=\"_ _1\"></span> liquidez<span class=\"_ _1\"></span> </span>Pol\u00edtica<span class=\"_ _0\"></span> de gest\u00e3o do <span class=\"_ _0\"></span>risco de liquid<span class=\"_ _0\"></span>ez A Empresa g<span class=\"_ _0\"></span>ere o r<span class=\"_ _0\"></span>isco de liqu<span class=\"_ _0\"></span>idez por dua<span class=\"_ _0\"></span>s vias<span class=\"ls6b\">: </span> i.<span class=\"ffb ls0\"> <span class=\"_ _2c\"> </span><span class=\"ff1\">garantindo que a <span class=\"_ _0\"></span>sua d\u00edvida f<span class=\"_ _0\"></span>inanc<span class=\"_ _0\"></span>eira tem um<span class=\"_ _0\"></span>a compon<span class=\"_ _0\"></span>ente ele<span class=\"_ _0\"></span>vada de m<span class=\"_ _0\"></span>\u00e9dio e longo p<span class=\"_ _0\"></span>razo <span class=\"_ _0\"></span>com matur<span class=\"_ _0\"></span>idades </span></span>adequadas <span class=\"_ _0\"></span>\u00e0s carac<span class=\"_ _0\"></span>ter\u00edsticas d<span class=\"_ _0\"></span>as ind\u00fastr<span class=\"_ _0\"></span>ias onde ex<span class=\"_ _0\"></span>erce a <span class=\"_ _0\"></span>sua atividade<span class=\"_ _0\"></span>, e ii.<span class=\"ffb\"> <span class=\"_ _9c\"> </span></span>atrav\u00e9s da con<span class=\"_ _0\"></span>trata\u00e7\u00e3o <span class=\"_ _0\"></span>com inst<span class=\"_ _0\"></span>itui\u00e7\u00f5es finan<span class=\"_ _0\"></span>ceiras d<span class=\"_ _0\"></span>e linhas d<span class=\"_ _0\"></span>e cr\u00e9dito dispon<span class=\"_ _0\"></span>\u00edveis a todo o<span class=\"_ _0\"></span> momen<span class=\"_ _0\"></span>to, por um montante q<span class=\"_ _0\"></span>ue garan<span class=\"_ _0\"></span>ta uma <span class=\"_ _0\"></span>liquidez adeq<span class=\"_ _0\"></span>uada. Cr\u00e9ditos <span class=\"_ _0\"></span>dispon\u00edv<span class=\"_ _0\"></span>eis e n\u00e3o<span class=\"_ _0\"></span> utilizados A Empresa t<span class=\"_ _0\"></span>em por p<span class=\"_ _0\"></span>ol\u00edtica m<span class=\"_ _0\"></span>anter linhas d<span class=\"_ _0\"></span>e cr\u00e9dito <span class=\"_ _0\"></span>em n\u00edv<span class=\"_ _0\"></span>eis adequ<span class=\"_ _0\"></span>ados para, j<span class=\"_ _0\"></span>untame<span class=\"_ _0\"></span>nte com o<span class=\"_ _0\"></span> montante <span class=\"_ _0\"></span>de Caixa <span class=\"_ _0\"></span>e Equivalente<span class=\"_ _0\"></span>s de form<span class=\"_ _0\"></span>a a garan<span class=\"_ _0\"></span>tir, com a<span class=\"_ _0\"></span>lguma marg<span class=\"_ _0\"></span>em de co<span class=\"_ _0\"></span>nforto, o <span class=\"_ _0\"></span>ciclo de t<span class=\"_ _0\"></span>esouraria p<span class=\"_ _0\"></span>revisto p<span class=\"_ _0\"></span>ara os pr\u00f3x<span class=\"_ _0\"></span>imos 12 m<span class=\"_ _0\"></span>eses. Maturidade contratual dos passivos financeiros  (fluxos n\u00e3o descontados, incluindo juros)  Mais  Valores em Euros<span class=\"_ _1\"></span>  At\u00e9 1 m\u00eas <span class=\"_ _0\"></span>  1-3 meses <span class=\"_ _0\"></span>  3-12 mes<span class=\"_ _0\"></span>es   1-5 anos  de 5 anos  <span class=\"fce sc0\"> </span> Total  A 31 de dezembr<span class=\"_ _1\"></span>o de 2022 Passivos Financiamentos<span class=\"_ _1\"></span> obtidos Empr\u00e9stimos por 420.000  10.257.500 <span class=\"_ _1\"></span> 19.942.100 <span class=\"_ _1\"></span> 341.457.650 <span class=\"_ _1\"></span> 101.310.000 <span class=\"_ _1\"></span> 473.387.250 <span class=\"_ _1\"></span> obriga\u00e7\u00f5es Papel comercial<span class=\"_ _1\"></span> -  35.994.000 <span class=\"_ _1\"></span> 745.500  107.733.500 <span class=\"_ _1\"></span> -  144.473.000 <span class=\"_ _1\"></span> Empr\u00e9stimos ban<span class=\"_ _1\"></span>c\u00e1rios<span class=\"_ _1\"></span> -  5.150.218 <span class=\"_ _1\"></span> 21.558.721 <span class=\"_ _1\"></span> 100.892.855 <span class=\"_ _1\"></span> 25.150.601 <span class=\"_ _1\"></span> 152.752.395 <span class=\"_ _1\"></span> Valores a pagar<span class=\"_ _1\"></span> Instrumentos finance<span class=\"_ _1\"></span>iros -  (1.074.976) (5.527.508) (23.610.571)<span class=\"_ _1\"></span> (620.632) (30.833.687)<span class=\"_ _1\"></span> derivados Total passivos<span class=\"_ _1\"></span> 420.000  50.326.742 <span class=\"_ _1\"></span> 36.718.813 <span class=\"_ _1\"></span> 526.473.434 <span class=\"_ _1\"></span> 125.839.969 <span class=\"_ _1\"></span> 739.778.958 <span class=\"_ _1\"></span> Dos quais juro<span class=\"_ _1\"></span>s (\u00e0s taxas 41.830.841 <span class=\"_ _1\"></span> em vigor \u00e0 d<span class=\"_ _1\"></span>ata)  Mais  Valores em Euros<span class=\"_ _1\"></span>  At\u00e9 1 m\u00eas <span class=\"_ _0\"></span>  1-3 meses <span class=\"_ _0\"></span>  3-12 mes<span class=\"_ _0\"></span>es   1-5 anos  de 5 anos  <span class=\"fce sc0\"> </span> Total  A 31 de dezembr<span class=\"_ _1\"></span>o de 2021 Passivos Financiamentos<span class=\"_ _1\"></span> obtidos Empr\u00e9stimos por 420.000  2.197.750 <span class=\"_ _1\"></span> 6.495.875 <span class=\"_ _1\"></span> 457.660.500 <span class=\"_ _1\"></span> -  466.774.124 <span class=\"_ _1\"></span> obriga\u00e7\u00f5es Papel comercial<span class=\"_ _1\"></span> 65.130.000 <span class=\"_ _1\"></span> 36.242.500 <span class=\"_ _1\"></span> 994.000  144.224.500 <span class=\"_ _1\"></span> -  246.590.999 <span class=\"_ _1\"></span> Empr\u00e9stimos ban<span class=\"_ _1\"></span>c\u00e1rios<span class=\"_ _1\"></span> -  552.000  13.495.740 <span class=\"_ _1\"></span> 80.570.487 <span class=\"_ _1\"></span> 33.462.507 <span class=\"_ _1\"></span> 128.080.735 <span class=\"_ _1\"></span> Valores a pagar<span class=\"_ _1\"></span> Instrumentos finance<span class=\"_ _1\"></span>iros -  1.185.597 <span class=\"_ _1\"></span> 1.259.307 <span class=\"_ _1\"></span> 323.238  -  2.768.142 <span class=\"_ _1\"></span> derivados Total passivos<span class=\"_ _1\"></span> 65.550.000 <span class=\"_ _1\"></span> 40.177.847 <span class=\"_ _1\"></span> 22.244.922 <span class=\"_ _1\"></span> 682.778.725 <span class=\"_ _1\"></span> 33.462.507 <span class=\"_ _1\"></span> 844.214.000 <span class=\"_ _1\"></span> Dos quais juro<span class=\"_ _1\"></span>s (\u00e0s taxas 37.408.448 <span class=\"_ _1\"></span> em vigor \u00e0 d<span class=\"_ _1\"></span>ata) O q<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>d\u00edv<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mit<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>\u00edvi<span class=\"_ _0\"></span>da d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ngo<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>mbol<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> ir<span class=\"_ _0\"></span>\u00e1 r<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span> d\u00ed<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>3 <span class=\"_ _0\"></span>(Li<span class=\"_ _0\"></span>nha<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>r\u00e9d<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>on\u00edv<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> n\u00e3o<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>). A <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>idad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntra<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>dos f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span> o c<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> cov<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>orme<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>alh<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 5<span class=\"_ _0\"></span>.6 <span class=\"_ _0\"></span><span class=\"ff15\">\u2013<span class=\"ff7\"> F<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anci<span class=\"_ _3b\"></span>ament<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> obti<span class=\"_ _3b\"></span>dos. </span></span>Linhas de cr\u00e9ditos dispon\u00edveis e n\u00e3o utilizadas Valores em Euros<span class=\"_ _1\"></span> 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>21<span class=\"ls0\"> </span>Linhas de cr\u00e9dit<span class=\"_ _1\"></span>o n\u00e3o utilizadas<span class=\"_ _1\"></span> Papel comercial (<span class=\"_ _1\"></span>com tomada f<span class=\"_ _1\"></span>irme de longo praz<span class=\"_ _1\"></span>o) 190.000.000 <span class=\"_ _1\"></span> 125.000.000 <span class=\"_ _1\"></span> Financiamentos<span class=\"_ _1\"></span> de longo prazo co<span class=\"_ _1\"></span>ntratados e n\u00e3o dese<span class=\"_ _1\"></span>mbolsados<span class=\"_ _1\"></span> -  -  Outras linhas de cr\u00e9<span class=\"_ _1\"></span>dito 20.450.714 <span class=\"_ _1\"></span> 20.450.714 <span class=\"_ _1\"></span> 210.450.714 <span class=\"_ _1\"></span> 145.450.714 <span class=\"_ _1\"></span> Papel comercial ut<span class=\"_ _1\"></span>ilizado (Nota<span class=\"_ _1\"></span> 5.6) 140.000.000 <span class=\"_ _1\"></span> 240.000.000 <span class=\"_ _1\"></span> Outras linhas de cr\u00e9d<span class=\"_ _1\"></span>ito utilizada<span class=\"_ _1\"></span>s 551.587.302 <span class=\"_ _1\"></span> 593.805.254 <span class=\"_ _1\"></span> Linhas de cr\u00e9d<span class=\"_ _1\"></span>ito contratadas <span class=\"_ _1\"></span>(valor nominal)<span class=\"_ _1\"></span> 902.038.016 <span class=\"_ _1\"></span> 979.255.968 <span class=\"_ _1\"></span> Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 o<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>gato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>supe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>seu<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te. Con<span class=\"_ _0\"></span>tud<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>l f<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>teme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nflu<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> sa<span class=\"_ _0\"></span>ldo<span class=\"_ _0\"></span>s a <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>i\u00e1<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>cuj<span class=\"_ _0\"></span>a g<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>\u00e9 com<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>rmi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xig<span class=\"_ _0\"></span>ibili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> sal<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cab<span class=\"_ _0\"></span>e ao<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>Con<span class=\"_ _0\"></span>sel<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Adm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> Fa<span class=\"_ _0\"></span>z-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> ai<span class=\"_ _0\"></span>nda n<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>uide<span class=\"_ _0\"></span>z d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s <span class=\"ff7\">co<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>s<span class=\"ff1\"> d<span class=\"_ _0\"></span>a </span></span>sua<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>\u00edvi<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>um <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onf<span class=\"_ _0\"></span>ort<span class=\"_ _0\"></span>o. 8.1.4. Risco de<span class=\"_ _1\"></span> cr\u00e9dito Pol\u00edtica<span class=\"_ _0\"></span> de gest\u00e3o do <span class=\"_ _0\"></span>risco de cr\u00e9dito A Empresa <span class=\"_ _0\"></span>encontra<span class=\"_ _0\"></span>-se sujeita <span class=\"_ _0\"></span>a risco de <span class=\"_ _0\"></span>cr\u00e9dito sobr<span class=\"_ _0\"></span>e os saldo<span class=\"_ _0\"></span>s a receb<span class=\"_ _0\"></span>er dos Clien<span class=\"_ _0\"></span>tes e a o<span class=\"_ _0\"></span>utros devedo<span class=\"_ _0\"></span>res, te<span class=\"_ _0\"></span>ndo adotado uma pol\u00edtica d<span class=\"_ _0\"></span>e gest\u00e3o d<span class=\"_ _3b\"></span>e<span class=\"_ _1\"></span> cober<span class=\"_ _0\"></span>tura de r<span class=\"_ _0\"></span>isco dent<span class=\"_ _0\"></span>ro de determ<span class=\"_ _0\"></span>inados n<span class=\"_ _0\"></span>\u00edveis atrav<span class=\"_ _0\"></span>\u00e9s de s<span class=\"_ _0\"></span>eguros de c<span class=\"_ _0\"></span>r\u00e9dito com <span class=\"_ _0\"></span>uma ent<span class=\"_ _0\"></span>idade independe<span class=\"_ _0\"></span>nte esp<span class=\"_ _0\"></span>ecializada.  A quase tot<span class=\"_ _0\"></span>alidade da<span class=\"_ _0\"></span>s vendas q<span class=\"_ _0\"></span>ue n\u00e3o <span class=\"_ _0\"></span>est\u00e3o abr<span class=\"_ _0\"></span>angidas por <span class=\"_ _0\"></span>um seg<span class=\"_ _0\"></span>uro de c<span class=\"_ _0\"></span>r\u00e9dito s\u00e3o cob<span class=\"_ _0\"></span>ertas <span class=\"_ _0\"></span>por garan<span class=\"_ _0\"></span>tias banc\u00e1<span class=\"_ _0\"></span>rias ou cr\u00e9ditos do<span class=\"_ _0\"></span>cument\u00e1r<span class=\"_ _0\"></span>ios, sendo <span class=\"_ _0\"></span>que qualq<span class=\"_ _0\"></span>uer expos<span class=\"_ _0\"></span>i\u00e7\u00e3o n\u00e3o cob<span class=\"_ _0\"></span>erta se en<span class=\"_ _0\"></span>contra de<span class=\"_ _0\"></span>ntro de lim<span class=\"_ _0\"></span>ites prev<span class=\"_ _0\"></span>iamente <span class=\"_ _0\"></span>aprovados p<span class=\"_ _0\"></span>ela Comiss\u00e3o Ex<span class=\"_ _0\"></span>ecutiva.<span class=\"_ _0\"></span> No entanto<span class=\"_ _0\"></span>, o agrava<span class=\"_ _0\"></span>mento d<span class=\"_ _0\"></span>as condi\u00e7\u00f5<span class=\"_ _0\"></span>es econ\u00f3m<span class=\"_ _0\"></span>icas globa<span class=\"_ _0\"></span>is ou adv<span class=\"_ _0\"></span>ersidades q<span class=\"_ _0\"></span>ue afet<span class=\"_ _0\"></span>em apenas <span class=\"_ _0\"></span>as econom<span class=\"_ _0\"></span>ias a um<span class=\"_ _0\"></span>a escala local pod<span class=\"_ _0\"></span>e originar um<span class=\"_ _0\"></span>a deterio<span class=\"_ _0\"></span>ra\u00e7\u00e3o na <span class=\"_ _0\"></span>capacid<span class=\"_ _0\"></span>ade dos Cli<span class=\"_ _0\"></span>entes da Emp<span class=\"_ _0\"></span>resa em <span class=\"_ _0\"></span>saldar a<span class=\"_ _0\"></span>s suas <span class=\"_ _0\"></span>obriga\u00e7\u00f5e<span class=\"_ _0\"></span>s, levando <span class=\"_ _0\"></span>a que as entidades q<span class=\"_ _0\"></span>ue prest<span class=\"_ _0\"></span>am o seguro<span class=\"_ _0\"></span> de cr\u00e9d<span class=\"_ _0\"></span>ito diminuam <span class=\"_ _0\"></span>significat<span class=\"_ _0\"></span>ivamente o m<span class=\"_ _0\"></span>ontant<span class=\"_ _0\"></span>e das linha<span class=\"_ _0\"></span>s que d<span class=\"_ _0\"></span>isponibilizam <span class=\"_ _0\"></span>para esse<span class=\"_ _0\"></span>s Clientes, o q<span class=\"_ _0\"></span>ue pode <span class=\"_ _0\"></span>resultar e<span class=\"_ _0\"></span>m limita\u00e7\u00f5<span class=\"_ _0\"></span>es nos mon<span class=\"_ _0\"></span>tantes q<span class=\"_ _0\"></span>ue se co<span class=\"_ _0\"></span>nseguem v<span class=\"_ _0\"></span>ender <span class=\"_ _0\"></span>a alguns C<span class=\"_ _0\"></span>lientes da E<span class=\"_ _0\"></span>mpresa, s<span class=\"_ _0\"></span>em incorre<span class=\"_ _0\"></span>r diretamen<span class=\"_ _0\"></span>te em n<span class=\"_ _0\"></span>\u00edveis de risco <span class=\"_ _0\"></span>de cr\u00e9dito <span class=\"_ _0\"></span>enquadr\u00e1v<span class=\"_ _0\"></span>eis na po<span class=\"_ _0\"></span>l\u00edtica de r<span class=\"_ _0\"></span>isco nesta \u00e1r<span class=\"_ _0\"></span>ea. Equivalent<span class=\"_ _0\"></span>es de ca<span class=\"_ _0\"></span>ixa A Empresa t<span class=\"_ _0\"></span>em um<span class=\"_ _0\"></span>a pol\u00edtica r<span class=\"_ _0\"></span>igorosa de <span class=\"_ _0\"></span>aprova\u00e7\u00e3<span class=\"_ _0\"></span>o das suas <span class=\"_ _0\"></span>contrapar<span class=\"_ _0\"></span>tes finan<span class=\"_ _0\"></span>ceiras, <span class=\"_ _0\"></span>limitando a su<span class=\"_ _0\"></span>a expos<span class=\"_ _0\"></span>i\u00e7\u00e3o de acordo<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> uma an\u00e1lise <span class=\"_ _0\"></span>individual d<span class=\"_ _0\"></span>e risco e com<span class=\"_ _0\"></span> plafond<span class=\"_ _0\"></span>s previame<span class=\"_ _0\"></span>nte apr<span class=\"_ _0\"></span>ovados. Exposi\u00e7\u00e3o m\u00e1xima ao risco de cr\u00e9dito A e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>\u00e1xi<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>orre<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ond<span class=\"_ _0\"></span>e ao<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r l\u00edq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>do d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>smo<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nfo<span class=\"_ _0\"></span>rme<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>: Valores em Euros <span class=\"_ _1\"></span> 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31/12/21 N\u00e3o correntes<span class=\"_ _1\"></span> Valores a receber (<span class=\"_ _1\"></span>Nota 4.2) <span class=\"_ _1\"></span> 6.684  6.684  Correntes Valores a receber (<span class=\"_ _1\"></span>Nota 4.2) <span class=\"_ _1\"></span> 899.000.085 <span class=\"_ _1\"></span> 866.987.969 <span class=\"_ _1\"></span> Caixa e equiva<span class=\"_ _1\"></span>lentes de caixa (N<span class=\"_ _1\"></span>ota 5.8) <span class=\"_ _1\"></span> 390.640.161 <span class=\"_ _1\"></span> 354.336.647 <span class=\"_ _1\"></span> 1.289.646.930 <span class=\"_ _1\"></span> 1.221.331.300 <span class=\"_ _1\"></span> Estrutura de antiguidade dos saldos de Clientes Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 e<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>21<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>os s<span class=\"_ _0\"></span>ald<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ece<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Cl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>tav<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>igu<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade,<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo r<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>r\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ncim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alore<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> abe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es: Valores em Euros <span class=\"_ _1\"></span> 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31/12/21 valores n\u00e3o venc<span class=\"_ _1\"></span>idos 243.223.269 <span class=\"_ _1\"></span> 177.898.470 <span class=\"_ _1\"></span> de<span class=\"ls0\"> 1 a 90 dias<span class=\"_ _1\"></span> </span>30.108.471 <span class=\"_ _1\"></span> 904.687  de<span class=\"ls0\"> 91 a 180 d<span class=\"_ _1\"></span>ias </span>330.827  68.708  de 181 a 360 dias<span class=\"_ _1\"></span> 176.147  27.892  de 361 a 540 dias<span class=\"_ _1\"></span> 58.893  -  de 541 a 720 dias<span class=\"_ _1\"></span> 2.974  -  a mais de 721 d<span class=\"_ _1\"></span>ias  -  -  273.900.581 <span class=\"_ _1\"></span> 178.899.757 <span class=\"_ _1\"></span> Saldos considerado<span class=\"_ _1\"></span>s em imparidad<span class=\"_ _1\"></span>e  5.893.593 <span class=\"_ _1\"></span> 1.452.954 <span class=\"_ _1\"></span> Imparidades <span class=\"_ _1\"></span> (5.893.593) (1.452.954) Saldo l\u00edquido d<span class=\"_ _1\"></span>e Clientes (No<span class=\"_ _1\"></span>ta 4.2) <span class=\"_ _1\"></span> 273.900.581 <span class=\"_ _1\"></span> 178.899.757 <span class=\"_ _1\"></span> Valores a receber de <span class=\"_ _1\"></span>Clientes <span class=\"_ _1\"></span>cobertos por seguro<span class=\"_ _1\"></span> de cr\u00e9dito<span class=\"_ _1\"></span> 248.861.097 <span class=\"_ _1\"></span> 165.019.240 <span class=\"_ _1\"></span> Valores a receber de <span class=\"_ _1\"></span>Clientes <span class=\"_ _1\"></span>cobertos por garant<span class=\"_ _1\"></span>ias banc\u00e1rias<span class=\"_ _1\"></span> 3.061.913 <span class=\"_ _1\"></span> 2.650.130 <span class=\"_ _1\"></span> Valores a receber de <span class=\"_ _1\"></span>Clientes <span class=\"_ _1\"></span>cobertos por acord<span class=\"_ _1\"></span>os de reserva de pro<span class=\"_ _1\"></span>priedade<span class=\"_ _1\"></span> 12.511.283 <span class=\"_ _1\"></span> 5.464.991 <span class=\"_ _1\"></span> Valores a receber de <span class=\"_ _1\"></span>Clientes <span class=\"_ _1\"></span>cobertos por cartas<span class=\"_ _1\"></span> de cr\u00e9dito / remess<span class=\"_ _1\"></span>as document\u00e1rias<span class=\"_ _45\"></span> 9.466.288 <span class=\"_ _1\"></span> 5.765.396 <span class=\"_ _1\"></span> Valores a receb<span class=\"_ _1\"></span>er cobertos <span class=\"_ _1\"></span> 273.900.581 <span class=\"_ _1\"></span> 178.899.757 <span class=\"_ _1\"></span> Linhas de segur<span class=\"_ _1\"></span>o de cr\u00e9dito disp<span class=\"_ _1\"></span>on\u00edveis n\u00e3o utili<span class=\"_ _1\"></span>zadas <span class=\"_ _1\"></span> 493.330.233 <span class=\"_ _1\"></span> 264.747.564 <span class=\"_ _1\"></span> Linhas de cobe<span class=\"_ _1\"></span>rtura de cr\u00e9dito <span class=\"_ _1\"></span>contratadas <span class=\"_ _1\"></span> 798.325.298 <span class=\"_ _1\"></span> 443.647.321 <span class=\"_ _1\"></span> Os <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>sent<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>pon<span class=\"_ _0\"></span>dem<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, f<span class=\"_ _0\"></span>ace<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>raz<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span>. Ape<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> na <span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>da\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>alg<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>ce <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>azos<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> n\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ta,<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cord<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> inf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhec<span class=\"_ _0\"></span>imen<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>fica<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e si<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>arid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ara <span class=\"_ _0\"></span>al\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>espo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rdas<span class=\"_ _0\"></span>. Est<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>gul<span class=\"_ _0\"></span>arme<span class=\"_ _3b\"></span>nte r<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>nida<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpor<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> Cl<span class=\"_ _0\"></span>ien<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>erm<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>conj<span class=\"_ _0\"></span>uga<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xpe<span class=\"_ _0\"></span>ri\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ida <span class=\"_ _0\"></span>na an\u00e1<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>rte<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>jug<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>stro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>dito<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> ver<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>m,<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o atr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>\u00e0 s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>urad<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>def<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>hec<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span> fa<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>isti<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m g<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>anti<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>uma <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>igni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>aldos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>aber<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>, ju<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> ter<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>alqu<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de n<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> sa<span class=\"_ _0\"></span>ldo<span class=\"_ _0\"></span>s. R<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span>-se<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>risc<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>egu<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>bert<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>cati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>ald<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>abe<span class=\"_ _0\"></span>rto<span class=\"_ _0\"></span>. Movimentos em perdas por imp<span class=\"_ _0\"></span>aridade acumuladas em Clientes Valores em Euros 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Imparidade<span class=\"_ _1\"></span>s acumuladas no i<span class=\"_ _1\"></span>n\u00edcio do p<span class=\"_ _1\"></span>er\u00edodo (1.452.954)<span class=\"_ _1\"></span> (1.249.988)<span class=\"_ _1\"></span> Varia\u00e7\u00f5es devid<span class=\"_ _1\"></span>as a: Aumentos reconhec<span class=\"_ _1\"></span>idos em resu<span class=\"_ _1\"></span>ltados do per\u00edodo<span class=\"_ _1\"></span> (3.268.851) (127.605) Revers\u00e3o de montan<span class=\"_ _1\"></span>tes n\u00e3o utili<span class=\"_ _1\"></span>zados <span class=\"_ _1\"></span> 1.283 44.011 Varia\u00e7\u00f5es reco<span class=\"_ _1\"></span>nhecidas em re<span class=\"_ _1\"></span>sultados do per\u00ed<span class=\"_ _1\"></span>odo<span class=\"_ _1\"></span> (3.267.568)<span class=\"_ _1\"></span> (83.594) Desreconhecimento<span class=\"_ _1\"></span> de ativos por incobrab<span class=\"_ _1\"></span>ilidade (1.173.071) (119.371) Imparidade<span class=\"_ _1\"></span>s acumuladas no fi<span class=\"_ _1\"></span>nal do pe<span class=\"_ _1\"></span>r\u00edodo<span class=\"_ _1\"></span> (5.893.593)<span class=\"_ _1\"></span> (1.452.954)<span class=\"_ _1\"></span> Pol\u00edticas Contabil\u00edsticas Imp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>ncei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s A <span class=\"ls0\">Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>a,<span class=\"_ _0\"></span> nu<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>base<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a, a<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e cr<span class=\"_ _0\"></span>\u00e9d<span class=\"_ _0\"></span>ito <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ocia<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>seu<span class=\"_ _0\"></span>s </span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> out<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rdo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> IFR<span class=\"_ _0\"></span>S 9<span class=\"_ _0\"></span>. Ne<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>onhe<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>to e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> (<span class=\"ff7\">e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>ecte<span class=\"_ _0\"></span>d <span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span> los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s<span class=\"ff1\">) <span class=\"_ _0\"></span>ao </span></span>lo<span class=\"_ _0\"></span>ngo<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>o ob<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>liad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>num<span class=\"_ _0\"></span>a b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> ind<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> ou <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>let<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>a, t<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rma\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>sus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s, i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lui<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ospe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>pon\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>. Se,<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>risc<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>inst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> ti<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span> aum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>nifi<span class=\"_ _0\"></span>cat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esd<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhec<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nici<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ura <span class=\"_ _0\"></span>a im<span class=\"_ _0\"></span>pari<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>uiv<span class=\"_ _0\"></span>ale<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>erda<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e cr<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span>. A IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>v\u00ea<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>o c\u00e1<span class=\"_ _0\"></span>lcu<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>seja<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>iliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>doi<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>odel<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>: m\u00e9<span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>3 <span class=\"_ _0\"></span>fas<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> us<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>riz<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>compo<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>st\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>u n<span class=\"_ _0\"></span>\u00e3o de<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nifi<span class=\"_ _0\"></span>cat<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>. N<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>caso<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ncei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r,<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>esma<span class=\"_ _0\"></span> um<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tui\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceira<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>ue t<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ham<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>nifi<span class=\"_ _0\"></span>cat<span class=\"_ _0\"></span>iva <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>pto<span class=\"_ _0\"></span>u-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>riz.<span class=\"_ _0\"></span> O m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gui<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ordo<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span>\u00e9 c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ue: i.<span class=\"_ _af\"> </span><span class=\"ls0\">Calcu<span class=\"_ _0\"></span>lar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>otal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>a cr<span class=\"_ _0\"></span>\u00e9d<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>dur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> \u00falti<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>12</span>me<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>im <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>o mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>\u00e7a <span class=\"_ _0\"></span>duv<span class=\"_ _0\"></span>idos<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>hes<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>cia;ii.<span class=\"ffb ls0\"> <span class=\"_ _9c\"> </span><span class=\"ff1\">Apu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>r o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>erf<span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>Cli<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>es,<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nind<span class=\"_ _0\"></span>o i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rva<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>odi<span class=\"_ _0\"></span>cida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> </span></span>re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>; iii<span class=\"_ _0\"></span>.<span class=\"ffb\"> <span class=\"_ _2c\"> </span></span>Com <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> I. <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>II. <span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ma,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>mar<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oba<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span><span class=\"ff7\">def<span class=\"_ _0\"></span>aul<span class=\"_ _0\"></span>t<span class=\"ff1\"> (<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>ja,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> </span></span>de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>bra<span class=\"_ _0\"></span>n\u00e7a<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>uvid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>pur<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m I.<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m s<span class=\"_ _0\"></span>aldo<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ve<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> abe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m cad<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>alc<span class=\"_ _0\"></span>ulad<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m I<span class=\"_ _0\"></span>I);<span class=\"_ _0\"></span> iv<span class=\"_ _0\"></span>.<span class=\"ffb\"> <span class=\"_ _2c\"> </span></span>Ajus<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cent<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>tidas<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>III. d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oj<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>as; v.<span class=\"ffb ls0\"> <span class=\"_ _2c\"> </span><span class=\"ff1\">Apli<span class=\"_ _0\"></span>car<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s pe<span class=\"_ _0\"></span>rce<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>age<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff7\">de<span class=\"_ _0\"></span>fau<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span><span class=\"ff1\"> co<span class=\"_ _0\"></span>nfor<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>alcu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> em IV<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ald<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Cl<span class=\"_ _0\"></span>ien<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s </span></span></span></span>ain<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>. Ape<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>IFRS<span class=\"_ _0\"></span> 9 <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>umi<span class=\"_ _0\"></span>r 90<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo <span class=\"_ _0\"></span>\u201c<span class=\"ff7\">d<span class=\"_ _0\"></span>efa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t<span class=\"ff9\">\u201d,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>igat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> 180<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s, po<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> a </span></span>ex<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>i\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>ante<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>duz<span class=\"_ _0\"></span>ida,<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>\u00e9m<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e se<span class=\"_ _3b\"></span> enco<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> ali<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> as <span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ol\u00ed<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st\u00e3<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>mea<span class=\"_ _0\"></span>dam<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>z r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pei<span class=\"_ _0\"></span>to ao<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>trat<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpo<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ament<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e0 l<span class=\"_ _0\"></span>uz<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _0\"></span>5.<span class=\"_ _0\"></span> Ad<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>onal<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>a en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>vali<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> o i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span><span class=\"ff9\">nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> 18<span class=\"_ _0\"></span>0 d<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u201c<span class=\"ff7\">d<span class=\"_ _0\"></span>efa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t<span class=\"ff9\">\u201d <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>det<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 90 d<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>\u201c<span class=\"ff7\">Ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>cte<span class=\"_ _0\"></span>d <span class=\"_ _0\"></span>Credi<span class=\"_ _0\"></span>t <span class=\"_ _0\"></span>Loss<span class=\"_ _0\"></span><span class=\"ff9\">\u201d n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> </span></span></span></span></span>alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>cat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>. Al\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>odel<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ela <span class=\"_ _0\"></span>Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ator<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>caso<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e si<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>gur<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ora <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>atad<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 10<span class=\"_ _0\"></span>% <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a Cl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>nac<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>5% <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a Cli<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nter<span class=\"_ _0\"></span>naci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>. Fac<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u00e0 s<span class=\"_ _0\"></span>itu<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>do c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>fli<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>mili<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r n<span class=\"_ _0\"></span>a U<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>\u00e2nia<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>rup<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>isco<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e cr<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, con<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>acto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>n\u00f3m<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>o-f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>mac<span class=\"_ _0\"></span>roe<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n\u00f3mi<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>. Ne<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>refe<span class=\"_ _0\"></span>r\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a 3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2,<span class=\"_ _0\"></span> foi<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>r\u00e7<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> o v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>de re<span class=\"_ _0\"></span>cup<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>abili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> \u20ac1<span class=\"_ _0\"></span>.17<span class=\"_ _0\"></span>1.78<span class=\"_ _0\"></span>8 <span class=\"_ _0\"></span>(3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>020<span class=\"_ _0\"></span>: <span class=\"_ _0\"></span>red<span class=\"_ _0\"></span>uzi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>\u20ac1<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>.146<span class=\"_ _0\"></span>).<span class=\"ff1\"> </span>Al\u00e9<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>so,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>conhe<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>su\u00ed<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> sal<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c\u00edfi<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ev<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>sado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>ec\u00ed<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>onta<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> hi<span class=\"_ _0\"></span>st\u00f3<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>as con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>apa<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>es,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>u pe<span class=\"_ _0\"></span>rfi<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ros <span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>v\u00e1v<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> af<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ir <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>iste<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>dica<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> obj<span class=\"_ _3b\"></span>etivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de i<span class=\"_ _0\"></span>mpar<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os f<span class=\"_ _0\"></span>inan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>. A <span class=\"_ _0\"></span>Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>a o pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>anu<span class=\"_ _0\"></span>la\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>(<span class=\"ff7\">wr<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>-o<span class=\"_ _0\"></span>ff<span class=\"ff1\">)<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>cr\u00e9<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>o \u00e9<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>niti<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te </span></span>in<span class=\"_ _0\"></span>cobr<span class=\"_ _0\"></span>\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>, po<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>unal<span class=\"_ _3b\"></span>.<span class=\"_ _1\"></span> 8.2.<span class=\"ffd ls0\"> <span class=\"_ _3f\"> </span><span class=\"ff3\">Ins<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>rum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>riva<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s </span></span>Movimentos em instrumentos financeiros derivados 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span> Derivados  Derivados  Derivados  Derivados de de  Total de de  Total Valores em Euros<span class=\"_ _1\"></span> negocia\u00e7\u00e3o <span class=\"_ _0\"></span> cobertura <span class=\"_ _0\"></span> l\u00edquido  negocia\u00e7\u00e3o  cobertura <span class=\"_ _0\"></span> l\u00edquido  Saldo no in\u00edcio do p<span class=\"_ _1\"></span>er\u00edodo<span class=\"_ _1\"></span> (1.728.458)<span class=\"_ _1\"></span> (4.771.149)<span class=\"_ _1\"></span> (6.499.607)<span class=\"_ _1\"></span> 3.160.131  (5.336.693)<span class=\"_ _1\"></span> (2.176.562)<span class=\"_ _1\"></span> Novos contratos / <span class=\"_ _1\"></span>liquida\u00e7\u00f5es<span class=\"_ _1\"></span> 2.911.822 <span class=\"_ _1\"></span> (1.409.252) 1.502.569 <span class=\"_ _1\"></span> (623.573)<span class=\"_ _1\"></span> 2.326.438 <span class=\"_ _1\"></span> 1.702.865 <span class=\"_ _1\"></span> Varia\u00e7\u00e3o de just<span class=\"_ _1\"></span>o valor em resulta<span class=\"_ _1\"></span>dos (4.289.597) (1.504.772) (5.794.369) (4.265.016)<span class=\"_ _1\"></span> (3.191.640) (7.456.656) (Nota 5.10) Varia\u00e7\u00e3o de just<span class=\"_ _1\"></span>o valor em outro<span class=\"_ _1\"></span> -  54.623.316 <span class=\"_ _1\"></span> 54.623.316 <span class=\"_ _1\"></span> -  1.430.747 <span class=\"_ _1\"></span> 1.430.747 <span class=\"_ _1\"></span> rendimento integra<span class=\"_ _1\"></span>l (Nota 5.5<span class=\"_ _1\"></span>) Saldo no final do <span class=\"_ _1\"></span>per\u00edodo<span class=\"_ _1\"></span> (3.106.233)<span class=\"_ _1\"></span> 46.938.143 <span class=\"_ _1\"></span> 43.831.910 <span class=\"_ _1\"></span> (1.728.458)<span class=\"_ _1\"></span> (4.771.149)<span class=\"_ _1\"></span> (6.499.607)<span class=\"_ _1\"></span> Dos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vado<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>stab<span class=\"_ _0\"></span>ele<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>afet<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>m <span class=\"ls15\">a </span>mar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>\u20ac<span class=\"ff1\">28.<span class=\"_ _0\"></span>40<span class=\"_ _0\"></span>5.4<span class=\"_ _0\"></span>70<span class=\"_ _0\"></span>. </span>8.2.1.<span class=\"ls0\"> <span class=\"_ _66\"> </span>Deta<span class=\"_ _1\"></span>lhe e maturid<span class=\"_ _1\"></span>ade dos instrumentos<span class=\"_ _1\"></span> financeiros <span class=\"_ _1\"></span>derivados </span>por natureza<span class=\"_ _1\"></span> 31 de dezembro de 202<span class=\"_ _1\"></span>2<span class=\"fs16 fc5\"> </span> Positivos <span class=\"_ _0\"></span>  Negativos Valores em Euros<span class=\"_ _1\"></span>  Nocional <span class=\"_ _0\"></span>  Moeda   Maturidad<span class=\"_ _0\"></span>e  (Nota 4.2)  (Nota 4.3) <span class=\"_ _0\"></span>  L\u00edquido  De cobertura<span class=\"_ _1\"></span> Cobertura (vendas futu<span class=\"_ _1\"></span>ras)<span class=\"_ _1\"></span> 345.000.000 <span class=\"_ _1\"></span> USD 2023<span class=\"ls0\"> </span>6.011.256 <span class=\"_ _1\"></span> -  6.011.256 <span class=\"_ _1\"></span> Cobertura (vendas futu<span class=\"_ _1\"></span>ras)<span class=\"_ _1\"></span> 144.000.000 <span class=\"_ _1\"></span> GBP 2023<span class=\"ls0\"> </span>1.294.665 <span class=\"_ _1\"></span> -  1.294.665 <span class=\"_ _1\"></span> Swaps de taxa de jur<span class=\"_ _1\"></span>o (Swaps) -<span class=\"_ _1\"></span> Obriga\u00e7\u00f5e<span class=\"_ _1\"></span>s 375.000.000 <span class=\"_ _1\"></span> EUR 2028<span class=\"ls0\"> </span>31.949.130 <span class=\"_ _1\"></span> -  31.949.130 <span class=\"_ _1\"></span> Pasta BHKP<span class=\"_ _1\"></span> 50.521.199 <span class=\"_ _1\"></span> EUR 2023<span class=\"ls0\"> </span>7.683.092 <span class=\"_ _1\"></span> -  7.683.092 <span class=\"_ _1\"></span> 46.938.143 <span class=\"_ _1\"></span> -  46.938.143 <span class=\"_ _1\"></span> De negocia\u00e7\u00e3o<span class=\"_ _1\"></span> Forwards<span class=\"ff1\"> camb<span class=\"_ _1\"></span>iais (vendas futuras)<span class=\"_ _1\"></span> </span>76.977.456 <span class=\"_ _1\"></span> USD 2023<span class=\"ls0\"> </span>1.325.016 <span class=\"_ _1\"></span> (4.679.289) (3.354.273) Forwards<span class=\"ff1\"> camb<span class=\"_ _1\"></span>iais (vendas futuras)<span class=\"_ _1\"></span> </span>18.800.000 <span class=\"_ _1\"></span> GBP 2023<span class=\"ls0\"> </span>251.284  -  251.284  Forwards<span class=\"ff1\"> camb<span class=\"_ _1\"></span>iais (vendas futuras)<span class=\"_ _1\"></span> </span>1.750.000 <span class=\"_ _1\"></span> CHF<span class=\"ls0\"> </span>2023<span class=\"ls0\"> </span>-  (3.244) (3.244) 1.576.300  (4.682.533)<span class=\"_ _1\"></span> (3.106.233)<span class=\"_ _1\"></span> 48.514.443 <span class=\"_ _1\"></span> (4.682.533)<span class=\"_ _1\"></span> 43.831.910 <span class=\"_ _1\"></span> 31 de dezembro de 202<span class=\"_ _1\"></span>1<span class=\"fs16\"> </span> Positivos  Negativos Valores em Euros<span class=\"_ _1\"></span>  Nocional <span class=\"_ _0\"></span>  Moeda   Maturidad<span class=\"_ _0\"></span>e  (Nota 4.2)  (Nota 4.3) <span class=\"_ _0\"></span>  L\u00edquido  De cobertura<span class=\"_ _1\"></span> Cobertura (vendas futu<span class=\"_ _1\"></span>ras)<span class=\"_ _1\"></span> 242.500.000 <span class=\"_ _1\"></span> USD 2022<span class=\"ls0\"> </span>9.066  (1.426.675) (1.417.609) Cobertura (vendas futu<span class=\"_ _1\"></span>ras)<span class=\"_ _1\"></span> 83.000.000 <span class=\"_ _1\"></span> GBP 2022<span class=\"ls0\"> </span>-  (483.940) (483.940) Swaps de taxa de jur<span class=\"_ _1\"></span>o (Swaps) -<span class=\"_ _1\"></span> 375.000.000 <span class=\"_ _1\"></span> EUR 2026<span class=\"ls0\"> </span>1.621.916 <span class=\"_ _1\"></span> (2.804.403) (1.182.487) Obriga\u00e7\u00f5es<span class=\"_ _1\"></span> Pasta BHKP<span class=\"_ _1\"></span> 27.120.000 <span class=\"_ _1\"></span> USD 2022<span class=\"ls0\"> </span>-  (1.687.112) (1.687.112) 1.630.982  (6.402.130)<span class=\"_ _1\"></span> (4.771.148)<span class=\"_ _1\"></span> De negocia\u00e7\u00e3o<span class=\"_ _1\"></span> Forwards<span class=\"ff1\"> camb<span class=\"_ _1\"></span>iais (vendas futuras)<span class=\"_ _1\"></span> </span>129.745.503 <span class=\"_ _1\"></span> USD 2023<span class=\"ls0\"> </span>-  (1.640.154) (1.640.154) Forwards<span class=\"ff1\"> camb<span class=\"_ _1\"></span>iais (vendas futuras)<span class=\"_ _1\"></span> </span>9.050.000 <span class=\"_ _1\"></span> GBP 2021<span class=\"ls0\"> </span>-  (86.856) (86.856) Forwards<span class=\"ff1\"> camb<span class=\"_ _1\"></span>iais (vendas futuras)<span class=\"_ _1\"></span> </span>300.000  CHF<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>-  (1.448) (1.448) -  (1.728.458)<span class=\"_ _1\"></span> (1.728.458)<span class=\"_ _1\"></span> 1.630.982  (8.130.589)<span class=\"_ _1\"></span> (6.499.607)<span class=\"_ _1\"></span> Cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ndas<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> <span class=\"lsd\">| </span>ri<span class=\"_ _0\"></span>sco <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>bia<span class=\"_ _0\"></span>l E<span class=\"_ _0\"></span>UR/<span class=\"_ _0\"></span>USD<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> EU<span class=\"_ _0\"></span>R/<span class=\"_ _0\"></span>GBP<span class=\"_ _0\"></span> No<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>rer<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00falti<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>sem<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>uiu<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntra<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>rume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>rin<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> US<span class=\"_ _0\"></span>D 3<span class=\"_ _0\"></span>45<span class=\"_ _0\"></span>.000<span class=\"_ _0\"></span>.0<span class=\"_ _0\"></span>00 e<span class=\"_ _0\"></span> G<span class=\"_ _0\"></span>BP 1<span class=\"_ _0\"></span>44<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>000,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Zero<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>st <span class=\"_ _0\"></span>Col<span class=\"_ _0\"></span>lar<span class=\"_ _0\"></span>, gar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>sim<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cobe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> to<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>do d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>exe<span class=\"_ _0\"></span>rc\u00ed<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>023<span class=\"_ _0\"></span>. Cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span><span class=\"ls96\">de<span class=\"ls0\"> t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o </span></span>No<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>rer<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>trime<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Emp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> doi<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>nov<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> sw<span class=\"_ _0\"></span>aps<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac7<span class=\"_ _0\"></span>5.0<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>.000<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a f<span class=\"_ _0\"></span>ixa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9s<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>o ob<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>gac<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ista<span class=\"_ _0\"></span> Nav<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2-<span class=\"ff9\">2<span class=\"_ _0\"></span>028<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>no m<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u20ac15<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>000<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0, <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>n\u00edci<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span><span class=\"ff1\">jun<span class=\"_ _0\"></span>ho <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 202<span class=\"_ _0\"></span>2<span class=\"ls10\">. </span> </span></span>Estimativas e julgamentos Jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r de<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>trum<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os Sem<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>oss\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>o ju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o va<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>tima<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>em i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> cot<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os.<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>a au<span class=\"_ _0\"></span>s\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>\u00e7os <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>rav\u00e9<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>do m\u00e9<span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>flux<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>ode<span class=\"_ _0\"></span>los<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>op\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>do c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>supo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ger<span class=\"_ _0\"></span>alm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>utili<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span><span class=\"ff7\">. </span>Pol\u00edticas Contabil\u00edsticas O j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s In<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>ncon<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a-s<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu\u00ed<span class=\"_ _0\"></span>do n<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> V<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> a p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>(N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 4.<span class=\"_ _0\"></span>3)<span class=\"_ _0\"></span>, qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s e <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>bri<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>Val<span class=\"_ _0\"></span>ores<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span> (N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 4<span class=\"_ _0\"></span>.2)<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do po<span class=\"_ _0\"></span>siti<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>. Con<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> In<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>opto<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>r a <span class=\"_ _0\"></span>apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> </span></span>os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>abili<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na IA<span class=\"_ _0\"></span>S 3<span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span><span class=\"ff9\">\u2013<span class=\"ff1\"> In<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rum<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> </span></span>qu<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>aior<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>roj<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Dynam<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span> Ri<span class=\"_ _0\"></span>sk<span class=\"_ _0\"></span> Ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>eme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span><span class=\"ff7\"> (m<span class=\"_ _0\"></span>acro<span class=\"_ _0\"></span> </span>he<span class=\"_ _0\"></span>dgi<span class=\"_ _3b\"></span>ng<span class=\"ff1\">) at<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>rso<span class=\"_ _0\"></span>. </span>Sem<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xpe<span class=\"_ _0\"></span>cta<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>olu<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xas<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o ou<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>\u00e2m<span class=\"_ _0\"></span>bio <span class=\"_ _0\"></span>o j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>m,<span class=\"_ _0\"></span> o G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ocu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>atar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rtur<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>os, <span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>deri<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> <span class=\"ff7\">i<span class=\"_ _0\"></span>nter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>wap<span class=\"_ _0\"></span>s<span class=\"ff1\"> (<span class=\"_ _0\"></span>IRS)<span class=\"_ _0\"></span>, <span class=\"ff7\">c<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>lar<span class=\"_ _0\"></span>s<span class=\"ff1\"> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> </span></span></span></span>c\u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span><span class=\"ff7\">for<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span><span class=\"ff1\"> c<span class=\"_ _0\"></span>ambi<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s, et<span class=\"_ _0\"></span>c. </span></span>Ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _3b\"></span>o<span class=\"_ _1\"></span> Ape<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rata<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>espo<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> efi<span class=\"_ _0\"></span>caze<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>na cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n\u00f3<span class=\"_ _0\"></span>mica<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ri<span class=\"_ _0\"></span>scos<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>nem<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>odos<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>qual<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>stru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>ertu<span class=\"_ _0\"></span>ra con<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>\u00edsti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>cord<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> as <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>as e<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>equi<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> apli<span class=\"_ _0\"></span>c\u00e1<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>is.<span class=\"_ _0\"></span> Os<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>fiq<span class=\"_ _0\"></span>uem<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>ntos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>cobe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ica <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a P<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> seu<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>aria<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>mes<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>ndim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> gas<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>(No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>5.<span class=\"_ _0\"></span>10)<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>u, <span class=\"_ _0\"></span>em For<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>Ser<span class=\"_ _0\"></span>vi\u00e7<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> Ext<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> (N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>.3<span class=\"lsd\">) </span>ou<span class=\"_ _0\"></span> R<span class=\"_ _0\"></span>\u00e9di<span class=\"_ _0\"></span>to (N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>a 2<span class=\"_ _0\"></span>.1<span class=\"_ _0\"></span>), <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o se<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>fir<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>\u00e0 cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>flu<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>eda <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sent<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o. Ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>ura Os <span class=\"_ _0\"></span>Inst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>zado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a fi<span class=\"_ _0\"></span>ns <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pod<span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r c<span class=\"_ _0\"></span>lass<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>dos con<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>isti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de c<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tura<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esd<span class=\"_ _0\"></span>e q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>cum<span class=\"_ _0\"></span>pra<span class=\"_ _0\"></span>m, <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>mul<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte,<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>as con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> IAS <span class=\"_ _0\"></span>39<span class=\"_ _0\"></span>. Cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>flu<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a (r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>de t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>c\u00e2m<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> <span class=\"ff7\">co<span class=\"_ _0\"></span>mmod<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"ff1\"> - <span class=\"_ _0\"></span>BH<span class=\"_ _0\"></span>KP) </span></span>A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa, <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>posi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o \u00e0<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e j<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> c\u00e2<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>uxo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de c<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>xa. Est<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>egi<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7\u00e3<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>alar<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>u j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>a me<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>jam<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>zes<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> jus<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nici<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>no o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>er\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Se <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ope<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>e cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nefi<span class=\"_ _0\"></span>caz<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u a <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>a da<span class=\"_ _0\"></span>\u00ed d<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e \u00e9<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gist<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ret<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>m re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span>. Os <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>acu<span class=\"_ _0\"></span>mul<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os em<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsf<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o o <span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>afe<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>tado<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>xem<span class=\"_ _0\"></span>plo,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>tura<span class=\"_ _0\"></span> cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> mat<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>iza)<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>O g<span class=\"_ _0\"></span>anh<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>a pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pon<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>caz<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>swa<span class=\"_ _0\"></span>ps d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>taxa<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ju<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> que<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rem<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cobr<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>axa<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>\u00e9 r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>rubr<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e Re<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> ga<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>5.1<span class=\"_ _0\"></span>0<span class=\"lsd\">).</span> N<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nto,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uand<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>a, o<span class=\"_ _0\"></span>rig<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>heci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ativ<span class=\"_ _0\"></span>o n\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>(po<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>o, in<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>t\u00e1r<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u a<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fix<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>tang<span class=\"_ _0\"></span>\u00edv<span class=\"_ _0\"></span>eis<span class=\"_ _0\"></span>),<span class=\"_ _0\"></span> os <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rda<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rido<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>\u00eddo<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>ens<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span> ati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>. Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>umen<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> ven<span class=\"_ _0\"></span>dido<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pri<span class=\"_ _0\"></span>r o<span class=\"_ _0\"></span>s cr<span class=\"_ _0\"></span>it\u00e9<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>xigi<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>seja<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tabi<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ober<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>rdas<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>apita<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00f3pri<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>cicl<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ara <span class=\"_ _0\"></span>a D<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>to q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> o i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cobe<span class=\"_ _0\"></span>rto<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>anh<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>acum<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>apit<span class=\"_ _0\"></span>al p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>o a <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>no c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ita<span class=\"_ _0\"></span>l p<span class=\"_ _0\"></span>r\u00f3<span class=\"_ _0\"></span>prio<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue a<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>r\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>clad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nst<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uand<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>sa\u00e7<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> fo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>na Dem<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"ff7\"> </span>Instrumentos f<span class=\"_ _1\"></span>inanceiros d<span class=\"_ _1\"></span>erivados utiliza<span class=\"_ _1\"></span>dos pelo Grupo<span class=\"_ _1\"></span> Navigato<span class=\"_ _1\"></span>r<span class=\"_ _1\"></span> Der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os c<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>iai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> neg<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o O G<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>tem <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>bial<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ndas<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>fat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m d<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>\u00e2nc<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> d\u00f3l<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>nor<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>-ame<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nos<span class=\"_ _0\"></span> (U<span class=\"_ _0\"></span>SD) <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>libr<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> est<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>(G<span class=\"_ _0\"></span>BP)<span class=\"_ _0\"></span>. U<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>vez<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>emo<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>em <span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span>ros,<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sta <span class=\"_ _0\"></span>a um<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n\u00f3m<span class=\"_ _0\"></span>ico<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a con<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s fl<span class=\"_ _0\"></span>ux<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>oe<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> o e<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> O <span class=\"_ _0\"></span>Gru<span class=\"_ _0\"></span>po t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>\u00e9m,<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>bor<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ss\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>gun<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>aga<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>exp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> fun<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a n<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Des<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> mod<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tura<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo o<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> o<span class=\"_\"> </span>s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7\u00e3<span class=\"_ _0\"></span>o f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eira<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>moe<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>dife<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nteda <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>apre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a as<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pet<span class=\"_ _0\"></span>ivas<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es c<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>is.Os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tura <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> nes<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> s\u00e3o<span class=\"_ _0\"></span> <span class=\"ff7\">fo<span class=\"_ _0\"></span>rw<span class=\"_ _0\"></span>ard<span class=\"_ _0\"></span>s<span class=\"ff1\"> <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>bia<span class=\"_ _0\"></span>is,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>atad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> </span></span>sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>posi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o l\u00ed<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> moe<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ren<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>oe<span class=\"_ _0\"></span>da d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>apre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tant<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> e dat<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>enci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>\u00f3xi<span class=\"_ _0\"></span>mas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>eza<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>obe<span class=\"_ _0\"></span>rto<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>vari<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o cam<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bil\u00ed<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>regi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>titu<span class=\"_ _0\"></span>lad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>oed<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a mo<span class=\"_ _0\"></span>eda<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sen<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> m\u00ea<span class=\"_ _0\"></span>s \u00e9<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>a uma<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> sald<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Cli<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> F<span class=\"_ _0\"></span>orne<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, cu<span class=\"_ _0\"></span>jo<span class=\"_ _0\"></span> g<span class=\"_ _0\"></span>anh<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>u p<span class=\"_ _0\"></span>erd<span class=\"_ _0\"></span>a \u00e9<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ompe<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>usto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r do<span class=\"_ _0\"></span>s <span class=\"ff7\">f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ward<span class=\"_ _0\"></span>s<span class=\"ff1\"> <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s. </span></span>Cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ndas<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> | <span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sco <span class=\"_ _0\"></span>cam<span class=\"_ _0\"></span>bia<span class=\"_ _0\"></span>l E<span class=\"_ _0\"></span>UR/<span class=\"_ _0\"></span>USD<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> EU<span class=\"_ _0\"></span>R/<span class=\"_ _0\"></span>GBP A E<span class=\"_ _0\"></span>mpr<span class=\"_ _3b\"></span>esa r<span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e \u00e0<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>iliz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nce<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>os d<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om o<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> o r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co <span class=\"_ _0\"></span>l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>xpo<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>camb<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ocia<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> ve<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>uras<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as e<span class=\"_ _0\"></span>m U<span class=\"_ _0\"></span>SD e <span class=\"_ _0\"></span>GBP<span class=\"_ _0\"></span>. Cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>flu<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a | <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>jur<span class=\"_ _0\"></span>o A N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ede<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ber<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>gam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>ros f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>\u00e9sti<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>brig<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>oni<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a, a<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> sw<span class=\"_ _0\"></span>aps<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> tax<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de ju<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ga <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>xa e<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ebe<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a v<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l. O<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>desi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>uxos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>oci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>rog<span class=\"_ _0\"></span>ram<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pap<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l e a<span class=\"_ _0\"></span>o em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9sti<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>rig<span class=\"_ _0\"></span>acio<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ta.<span class=\"_ _0\"></span> Cob<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>flu<span class=\"_ _0\"></span>xos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>a | <span class=\"_ _0\"></span><span class=\"ff7\">Com<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>dit<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span><span class=\"ff1\"> -<span class=\"_ _0\"></span> BH<span class=\"_ _0\"></span>KP </span></span>A N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>inst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ntos <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o o<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>nimi<span class=\"_ _0\"></span>zar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sco <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>posi<span class=\"_ _0\"></span>\u00e7\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>\u00e0 v<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ia\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>xad<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o P<span class=\"_ _0\"></span>IX, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> US<span class=\"_ _0\"></span>D.<span class=\"_ _0\"></span> 8.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s </span></span>8.3.1<span class=\"ls0\"> <span class=\"_ _4\"> </span>Categorias <span class=\"_ _1\"></span>de instrumentos f<span class=\"_ _1\"></span>inanceiros d<span class=\"_ _1\"></span>o Grupo<span class=\"_ _1\"></span> </span>Os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>ncl<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> rub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nanc<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> s\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ssifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mo <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>gue<span class=\"_ _0\"></span>:  Ativos Instrumento<span class=\"_ _0\"></span>s Instrumento<span class=\"_ _0\"></span>s financeiros  financeiros financeiros ao custo derivados <span class=\"_ _0\"></span> derivados d<span class=\"_ _0\"></span>e  Ativos n\u00e3o Valores em Euros<span class=\"_ _1\"></span>  Nota  amortizado  de cobertura <span class=\"_ _0\"></span> negocia\u00e7\u00e3o  financeiros  <span class=\"fce sc0\"> </span> Total  31 de deze<span class=\"_ _1\"></span>mbro de 2022  Valores a receber n\u00e3<span class=\"_ _1\"></span>o correntes <span class=\"_ _1\"></span> 4.2 6.684  -  -  -  6.684   Valores a receber corre<span class=\"_ _1\"></span>ntes <span class=\"_ _1\"></span> 4.2 808.510.259 <span class=\"_ _1\"></span> 46.938.143 <span class=\"_ _1\"></span> 1.576.300 <span class=\"_ _1\"></span> 42.981.638 <span class=\"_ _1\"></span> 900.006.340 <span class=\"_ _1\"></span>  Caixa e equ<span class=\"_ _1\"></span>ivalentes de caixa <span class=\"_ _1\"></span> 5.8 390.640.161 <span class=\"_ _1\"></span> -  -  -  390.640.161 <span class=\"_ _1\"></span> Total de ativos<span class=\"_ _1\"></span> 1.199.157.105  <span class=\"_ _1\"></span><span class=\"fce sc0\"> </span><span class=\"fce sc0\"> </span>46.938.143 <span class=\"_ _1\"></span> 1.576.300  42.981.638  <span class=\"_ _1\"></span><span class=\"fce sc0\"> </span>1.290.653.186 <span class=\"_ _1\"></span> <span class=\"fce sc0\"> </span>31 de deze<span class=\"_ _1\"></span>mbro de 2021  Valores a receber n\u00e3<span class=\"_ _1\"></span>o correntes <span class=\"_ _1\"></span> 4.2 6.684  -  -  -  6.684   Valores a receber corre<span class=\"_ _1\"></span>ntes <span class=\"_ _1\"></span> 4.2 827.995.428 <span class=\"_ _1\"></span> 1.630.982 <span class=\"_ _1\"></span> -  37.361.559 <span class=\"_ _1\"></span> 866.987.969 <span class=\"_ _1\"></span>  Caixa e equ<span class=\"_ _1\"></span>ivalentes de caixa <span class=\"_ _1\"></span> 5.8 354.336.647 <span class=\"_ _1\"></span> -  -  -  354.336.647 <span class=\"_ _1\"></span> Total de ativos<span class=\"_ _1\"></span> 1.182.338.759 <span class=\"_ _1\"></span> 1.630.982  -  37.361.559 <span class=\"_ _1\"></span> 1.221.331.300 <span class=\"_ _1\"></span>  Passivos  Passivos  Instrumento<span class=\"_ _0\"></span>s  Instrumento<span class=\"_ _0\"></span>s financeiros financeiros financeiros financeiros fora ao custo derivados derivados d<span class=\"_ _0\"></span>e do \u00e2mbito Valores em Euros<span class=\"_ _1\"></span>  Nota amortizado de cobertura negocia\u00e7\u00e3o da IFRS 9  Total 31 de deze<span class=\"_ _1\"></span>mbro de 2022  Financiamentos o<span class=\"_ _1\"></span>btidos 5.6 985.446.453 - - - 985.446.453  Passivos de loca\u00e7\u00e3<span class=\"_ _1\"></span>o  5.7 - - - 2.381.970 2.381.970  Valores a pagar <span class=\"_ _1\"></span> 4.3 1.0<span class=\"ff2e\">44.204.892</span> -4.682.533-<span class=\"ff20\"> </span><span class=\"ws0\">1.0<span class=\"ff2e\">48.887.425<span class=\"ff20\"> </span></span></span>Total de pa<span class=\"_ _1\"></span>ssivos 2.0<span class=\"ff2f\">29.651.345</span><span class=\"ws11\"> </span>-4.682.5332.381.970 2.0<span class=\"ff2f\">36.715.848</span>31 de deze<span class=\"_ _1\"></span>mbro de 2021  Financiamentos o<span class=\"_ _1\"></span>btidos 5.6 933.165.634 - - - 933.165.634  Passivos de loca\u00e7\u00e3<span class=\"_ _1\"></span>o  5.7 - - - 2.883.977 2.883.977  Valores a pagar <span class=\"_ _1\"></span> 4.3 1.1<span class=\"ff2e\">30.998.845</span><span class=\"ws26\"> </span>6.402.131 1.728.458 -<span class=\"ff20\"> </span><span class=\"ws0\">1.1<span class=\"ff2e\">39.129.433<span class=\"ff20\"> </span></span></span>Total de pa<span class=\"_ _1\"></span>ssivos 2.0<span class=\"ff2f\">64.164.478</span><span class=\"ws27\"> </span>6.402.131 1.728.458 2.883.977 2.0<span class=\"ff2f\">75.179.044</span>8.3.2<span class=\"ls0\"> <span class=\"_ _4\"> </span>Justo valor d<span class=\"_ _1\"></span>e ativos e pas<span class=\"_ _1\"></span>sivos financei<span class=\"_ _1\"></span>ros </span>Ativos e passivos financeiros mensurados ao justo valor 31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>22<span class=\"ls0\"> </span>31<span class=\"ls0\">/</span>12<span class=\"ls0\">/</span>21<span class=\"ls0\"> </span>Valores em Euros<span class=\"_ _1\"></span>  N\u00edvel 1  N\u00edvel 2  N\u00edvel 3  N\u00edvel 1  N\u00edvel 2  N\u00edvel 3 Ativos financeir<span class=\"_ _1\"></span>os ao justo valor re<span class=\"_ _1\"></span>conhecidos e<span class=\"_ _1\"></span>m resultados<span class=\"_ _1\"></span>     Derivados de<span class=\"_ _1\"></span> negocia\u00e7\u00e3o<span class=\"_ _1\"></span> -1.576.300- - - - Instrumentos finance<span class=\"_ _1\"></span>iros de cober<span class=\"_ _1\"></span>tura<span class=\"_ _1\"></span> -46.938.143- - 1.630.982 - Total de ativos<span class=\"_ _1\"></span> -48.514.443- - 1.630.982 - Passivos finance<span class=\"_ _1\"></span>iros ao justo valor<span class=\"_ _1\"></span> reconhecidos e<span class=\"_ _1\"></span>m resultados<span class=\"_ _1\"></span>     Derivados de<span class=\"_ _1\"></span> negocia\u00e7\u00e3o<span class=\"_ _1\"></span> -(4.682.533)- - (1.728.458) - Instrumentos finance<span class=\"_ _1\"></span>iros de cober<span class=\"_ _1\"></span>tura<span class=\"_ _1\"></span> - - - - (6.402.131) - Total de pa<span class=\"_ _1\"></span>ssivos -(4.682.534)- - (8.130.589)<span class=\"_ _1\"></span> - Estimativas e julgamentos Ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alor<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e f<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ntos<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>bti<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>ner<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>uro <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>xa O j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os \u00e9<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>alc<span class=\"_ _0\"></span>ulad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>m\u00e9t<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>s fl<span class=\"_ _0\"></span>ux<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>xa<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s \u00e0 <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>elat<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> uti<span class=\"_ _0\"></span>liz<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>tax<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sco<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>car<span class=\"_ _0\"></span>act<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>\u00edst<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>enc<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>o ao<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00edve<span class=\"_ _0\"></span>l 2<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a hi<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>arq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>a IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>13<span class=\"_ _0\"></span><span class=\"ff7\">.<span class=\"ff1\"> </span></span>Pol\u00edticas Contabil\u00edsticas O j<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span> \u00e9 <span class=\"_ _0\"></span>clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>do c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>hie<span class=\"_ _0\"></span>rar<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e j<span class=\"_ _3b\"></span>usto val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>13<span class=\"_ _0\"></span> <span class=\"ff9\">\u2013</span> <span class=\"_ _0\"></span>Me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7\u00e3<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span>: N\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> 1 <span class=\"_ _64\"> </span><span class=\"ff1\">Ba<span class=\"_ _0\"></span>sea<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _3b\"></span>s de <span class=\"_ _0\"></span>merc<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>. </span>N\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> 2<span class=\"fs0\"> <span class=\"_ _62\"> </span></span><span class=\"ff1\">Det<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>urs<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>los <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>rinc<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> n\u00e3<span class=\"_ _0\"></span>o </span>ob<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>v\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cado<span class=\"_ _0\"></span>. N\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> 3<span class=\"fs0\"> <span class=\"_ _62\"> </span></span><span class=\"ff1\">Det<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>urs<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>los <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ava<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>cuj<span class=\"_ _0\"></span>os p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>s i<span class=\"_ _0\"></span>npu<span class=\"_ _0\"></span>ts <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o </span>ob<span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>v\u00e1<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s <span class=\"fc6\">n<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cado<span class=\"_ _0\"></span>.<span class=\"ff3\"> </span></span>9.<span class=\"_ _49\"> </span><span class=\"ls0\">P<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>\u00f5es,<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>mpro<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ssos</span>e C<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g\u00eanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s9.1.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Pro<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s </span></span>Movimentos em provis\u00f5es  Processos  Investiment<span class=\"_ _0\"></span>os  Outras Valores em Euros<span class=\"_ _1\"></span> Judiciais em subsidi\u00e1r<span class=\"_ _0\"></span>ias Provis\u00f5es  Total 1 de janeiro de<span class=\"_ _1\"></span> 2021 287.420 18.293.058 17.563.912 36.144.390 Aumentos 400.444 - 1.300.000 1.700.444 Revers\u00f5es (49.880) - (512.064) (561.944) Impacto em res<span class=\"_ _1\"></span>ultados do per\u00ed<span class=\"_ _1\"></span>odo<span class=\"_ _1\"></span> 350.564 - 787.936 1.138.500 Outras transfer\u00eanc<span class=\"_ _1\"></span>ias e regular<span class=\"_ _1\"></span>iza\u00e7\u00f5es<span class=\"_ _1\"></span> -(18.293.058)(18.293.058)<span class=\"_ _1\"></span> 31 de deze<span class=\"_ _1\"></span>mbro de 2021 637.984 18.351.848 18.989.832 Aumentos 194.806 - 107.837 302.643 Revers\u00f5es - - (1.159.685) (1.159.685) Impacto em res<span class=\"_ _1\"></span>ultados do per\u00ed<span class=\"_ _1\"></span>odo<span class=\"_ _1\"></span> 194.806 -(1.051.848)(857.042) Outras transfer\u00eanc<span class=\"_ _1\"></span>ias e regulariza<span class=\"_ _1\"></span>\u00e7\u00f5es<span class=\"_ _1\"></span> - - - - 31 de deze<span class=\"_ _1\"></span>mbro de 2022 832.790 - 17.300.000 18.132.790 N\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ree<span class=\"_ _0\"></span>mbo<span class=\"_ _0\"></span>lsos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ualq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>za r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vame<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>is\u00f5<span class=\"_ _0\"></span>es. Pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>judi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ais O d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>cho<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>sos<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>udi<span class=\"_ _0\"></span>ciai<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>epe<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>deci<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> tr<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s la<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ci<span class=\"_ _0\"></span>vil<span class=\"_ _0\"></span>.  Out<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>\u00f5es Re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>e-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>is\u00f5e<span class=\"_ _3b\"></span>s par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>faze<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>fac<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a ri<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>os r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>dos <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>rez<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ers<span class=\"_ _0\"></span>a, de<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>ja<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>u\u00e7\u00e3<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>ode<span class=\"_ _0\"></span>r\u00e3<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>a\u00edd<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> flu<span class=\"_ _0\"></span>xo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>aix<span class=\"_ _0\"></span>a, n<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ssos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>trut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o o<span class=\"_ _0\"></span>rga<span class=\"_ _0\"></span>niz<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>onal<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>osi\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>rat<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>utr<span class=\"_ _0\"></span>as. Em <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span> e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>rub<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> Ou<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ui 1<span class=\"_ _0\"></span>7.3<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>.00<span class=\"_ _0\"></span>0 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>eur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> Mo<span class=\"_ _0\"></span>\u00e7am<span class=\"_ _0\"></span>biq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>. P<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mbo<span class=\"_ _0\"></span>ra o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>emo<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>(Mo<span class=\"_ _0\"></span>U)<span class=\"_ _0\"></span> ce<span class=\"_ _0\"></span>lebr<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>gov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>\u00e7am<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>cano<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>um co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>miss<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>\u201cmel<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>sfor<span class=\"_ _0\"></span>\u00e7o<span class=\"_ _0\"></span>\u201d p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a a <span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ia\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span><span class=\"ff1\">i\u00e7\u00f5<span class=\"_ _0\"></span>es </span>ne<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>s\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>an\u00e7<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>stime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>t\u00e9<span class=\"_ _0\"></span> 31 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>201<span class=\"_ _0\"></span>8, <span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>foi<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>ss\u00ed<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span> at\u00e9<span class=\"_ _0\"></span> 3<span class=\"_ _0\"></span>1 d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>ez<span class=\"_ _0\"></span>emb<span class=\"_ _0\"></span>ro <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22,<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>aba<span class=\"_ _0\"></span>lha<span class=\"_ _0\"></span>r p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>can<span class=\"_ _0\"></span>\u00e7ar<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>o.  Os<span class=\"_ _0\"></span> sa<span class=\"_ _0\"></span>ldo<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>osi\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> inc<span class=\"_ _0\"></span>ert<span class=\"_ _0\"></span>eza<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>post<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>imen<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>s\u00e3<span class=\"_ _0\"></span>o div<span class=\"_ _0\"></span>ulg<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 6.<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span><span class=\"ff15\">\u2013<span class=\"ff7\"> Im<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o. </span></span>Estimativas e julgamentos Pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>os j<span class=\"_ _0\"></span>udi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>fis<span class=\"_ _0\"></span>cais Est<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _3b\"></span>s for<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>stit<span class=\"_ _0\"></span>u\u00edd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ord<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>alia<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span> efe<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a co<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>poi<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> seu<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>sult<span class=\"_ _0\"></span>ore<span class=\"_ _3b\"></span>s leg<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>, b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>na pr<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>abili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> a d<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>fav<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>\u00e1vel<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>u de<span class=\"_ _0\"></span>sf<span class=\"_ _0\"></span>avo<span class=\"_ _0\"></span>r\u00e1ve<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>\u00e0 E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a. Pol\u00edticas Contabil\u00edsticas S\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a te<span class=\"_ _0\"></span>nha <span class=\"_ _0\"></span>uma<span class=\"_ _0\"></span> ob<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> le<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rut<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>a, com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>cime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>sad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>amen<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>sej<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> uma<span class=\"_ _0\"></span> sa<span class=\"_ _0\"></span>\u00edd<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ecur<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span> t<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ne <span class=\"_ _0\"></span>nece<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>\u00e1ri<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>liq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>ar,<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span> ser<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>uad<span class=\"_ _0\"></span>a u<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>fi\u00e1v<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>obri<span class=\"_ _0\"></span>ga\u00e7<span class=\"_ _0\"></span>\u00e3o.<span class=\"_ _0\"></span>  N\u00e3o<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>hec<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>vis\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>is f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>s. <span class=\"_ _0\"></span>As <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> rev<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Dem<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>posi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>etiv<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ige<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>aju<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e mo<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> a re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>mel<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span> a e<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata.<span class=\"_ _0\"></span> Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e1rias<span class=\"_ _0\"></span> S\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>s\u00f5e<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>as r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bilid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> a E<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ume<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>rias<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>10)<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ap\u00f3s<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spet<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>o v<span class=\"_ _0\"></span>alo<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tabi<span class=\"_ _0\"></span>l\u00ed<span class=\"_ _0\"></span>stic<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span> sid<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>zid<span class=\"_ _0\"></span>o a z<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> med<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>m q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nha i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m ob<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ga\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s le<span class=\"_ _0\"></span>gai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nstr<span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>vas<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>nha<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>za<span class=\"_ _0\"></span>do p<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>nom<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>as. 9.2.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Comp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>s </span></span>Garantias prestadas a terceiros Valores em Euros<span class=\"_ _1\"></span> 31/12/22 31/12/21 Garantias pres<span class=\"_ _1\"></span>tadas Garantias Navigator <span class=\"_ _1\"></span>para os financ<span class=\"_ _1\"></span>iamentos com o BEI<span class=\"_ _1\"></span> 37.708.333 42.916.667 AT <span class=\"ls0\">- Autoridade Tribut\u00e1r<span class=\"_ _1\"></span>ia e Aduaneira  <span class=\"_ _1\"></span> </span>-6.513.318Simria 338.829 338.829Ag\u00eancia Portugue<span class=\"_ _1\"></span>sa Ambiente<span class=\"_ _1\"></span> 83.148 - Administration <span class=\"_ _1\"></span>F\u00e9d\u00e9rale de Contr<span class=\"_ _1\"></span>ibutions<span class=\"_ _1\"></span> 83.274 79.373 Infraestruturas de P<span class=\"_ _1\"></span>ortugal - 22.320 Outras 51.008 49.364 38.264.592 49.919.872 As <span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>s b<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tada<span class=\"_ _0\"></span>s \u00e0<span class=\"_ _0\"></span> Au<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> T<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ut\u00e1r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>laci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>a<span class=\"ls89\">va</span>m-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntes<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>roce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nten<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>oso, <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>IRC <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>do d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>15. 9.3.<span class=\"ffd ls0\"> <span class=\"_ _66\"> </span><span class=\"ff3\">Ati<span class=\"_ _0\"></span>vos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es </span></span>Fundo de Regu<span class=\"_ _1\"></span>lariza\u00e7\u00e3o da d<span class=\"_ _1\"></span>\u00edvida p\u00fablica<span class=\"_ _1\"></span> No<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>mos<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>to-<span class=\"_ _0\"></span>Le<span class=\"_ _0\"></span>i n.<span class=\"_ _0\"></span>\u00ba 3<span class=\"_ _0\"></span>6/<span class=\"_ _0\"></span>93<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 13<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>reir<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> as <span class=\"_ _0\"></span>d\u00ed<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>fis<span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>as pr<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>atiz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>riv<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>(2<span class=\"_ _0\"></span>5 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>nove<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>200<span class=\"_ _0\"></span>6) s\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pon<span class=\"_ _0\"></span>sab<span class=\"_ _0\"></span>ilid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>o F<span class=\"_ _0\"></span>und<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Re<span class=\"_ _0\"></span>gul<span class=\"_ _0\"></span>ariz<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>D\u00edvi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> P\u00fa<span class=\"_ _0\"></span>bli<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>(FR<span class=\"_ _0\"></span>DP)<span class=\"_ _0\"></span>. E<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>16 d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>abr<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>08,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>The<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>mpan<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> um <span class=\"_ _0\"></span>req<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>rime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o F<span class=\"_ _0\"></span>RDP<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lici<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> pag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o das<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>\u00edvi<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>sca<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>at\u00e9<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nt\u00e3o<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>Adm<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o F<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>. E<span class=\"_ _0\"></span>m 13<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>10 apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tou <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>vo <span class=\"_ _0\"></span>req<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r o<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>gam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to d<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>d\u00ed<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>as l<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>a Adm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tra\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>Fis<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>as ao<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r\u00edo<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>06<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>2003<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>omp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o, em<span class=\"_ _0\"></span> 13<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>011<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>com <span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>s j<span class=\"_ _0\"></span>\u00e1 <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> e n\u00e3<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>a es<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>\u00edvi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>bem<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pes<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>dir<span class=\"_ _0\"></span>eta<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> rel<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Ac<span class=\"_ _0\"></span>\u00f3rd<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>24 d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>1 (<span class=\"_ _0\"></span>Pro<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>n.\u00ba<span class=\"_ _0\"></span> 09<span class=\"_ _0\"></span>93<span class=\"_ _0\"></span>A/ <span class=\"_ _0\"></span>02)<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> vei<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>firm<span class=\"_ _0\"></span>ar <span class=\"_ _0\"></span>a po<span class=\"_ _0\"></span>si\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> Emp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>o \u00e0 <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>igi<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>spe<span class=\"_ _0\"></span>sas<span class=\"_ _0\"></span>.  Em <span class=\"_ _0\"></span>13<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>7 a <span class=\"_ _0\"></span>The<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>ompa<span class=\"_ _0\"></span>ny,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>um a<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rdo<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>jud<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Te<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>o q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> rec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>hec<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e do<span class=\"_ _0\"></span> F<span class=\"_ _0\"></span>RDP<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ssa<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 5<span class=\"_ _0\"></span>.<span class=\"ls16\">725</span>.<span class=\"ls16\">771 </span>eur<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>espo<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>Imp<span class=\"_ _0\"></span>ost<span class=\"_ _0\"></span>o s<span class=\"_ _0\"></span>obr<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span> R<span class=\"_ _0\"></span>end<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> P<span class=\"_ _0\"></span>esso<span class=\"_ _0\"></span>as Col<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ivas<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>IRC)<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ago<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>vida<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nvo<span class=\"_ _0\"></span>cad<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca\u00e7<span class=\"_ _0\"></span>\u00e3o/<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o  in<span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>arte<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>inis<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o t<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>\u00e1ria<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>fis<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>ura<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a das<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pela<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>nt\u00e3<span class=\"_ _0\"></span>o S<span class=\"_ _0\"></span>opo<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>el,<span class=\"_ _0\"></span> S.<span class=\"_ _0\"></span>A. e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>200<span class=\"_ _0\"></span>3, <span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>m,<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>mov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> <span class=\"ls15\">a </span>re<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>tui<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>a m<span class=\"_ _0\"></span>enc<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>a q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ntia<span class=\"_ _0\"></span>. Ne<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>onte<span class=\"_ _0\"></span>xt<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>\u00e1 d<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>pons<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>FRDP<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ntan<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> <span class=\"ff9\">\u20ac<span class=\"_ _0\"></span>22.<span class=\"_ _0\"></span>140<span class=\"_ _0\"></span>.85<span class=\"_ _0\"></span>5<span class=\"ff1 ls10\">, </span></span>de<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>had<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>seg<span class=\"_ _0\"></span>ue:<span class=\"_ _0\"></span> <span class=\"fc2\"> </span> Processos <span class=\"_ _0\"></span>  Redu\u00e7\u00e3o vi<span class=\"_ _0\"></span>a decididos a <span class=\"_ _0\"></span>  Valores  pagamento ao favor do  Valores  Valores em Euros<span class=\"_ _1\"></span>  Per\u00edodo  solicitados  abrigo do RERD<span class=\"_ _0\"></span>  Grupo  em aberto  Processos transi<span class=\"_ _1\"></span>tados em j<span class=\"_ _1\"></span>ulgado IRC 2002<span class=\"ls0\"> </span>18.923  -  -  18.923  IRC (RF) 2004<span class=\"ls0\"> </span>3.324  -  -  3.324  IRC 2004<span class=\"ls0\"> </span>766.395  -  (139.023) 627.372  Despesas 314.957  -  -  314.957  1.103.599  -  (139.023) 964.576  Processos n\u00e3o <span class=\"_ _1\"></span>transitados em <span class=\"_ _1\"></span>julgado<span class=\"_ _1\"></span> IRC 2005<span class=\"ls0\"> </span>11.754.680 <span class=\"_ _1\"></span> (1.360.294)<span class=\"_ _1\"></span> -  10.394.386 <span class=\"_ _1\"></span> IRC 2006<span class=\"ls0\"> </span>11.890.071 <span class=\"_ _1\"></span> (1.108.178)<span class=\"_ _1\"></span> -  10.781.893 <span class=\"_ _1\"></span> 23.644.751 <span class=\"_ _1\"></span> (2.468.472)<span class=\"_ _1\"></span> -  21.176.279 <span class=\"_ _1\"></span> 24.748.350 <span class=\"_ _1\"></span> (2.468.472)<span class=\"_ _1\"></span> (139.023) 22.140.855 <span class=\"_ _1\"></span> Re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>cess<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>IRC <span class=\"_ _0\"></span>agr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>05<span class=\"_ _0\"></span> e 2<span class=\"_ _0\"></span>006<span class=\"_ _0\"></span> (<span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>trib<span class=\"_ _0\"></span>unai<span class=\"_ _0\"></span>s ve<span class=\"_ _0\"></span>nha<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>avor<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Navi<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>rar\u00e1<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ped<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>o F<span class=\"_ _0\"></span>RDP<span class=\"_ _0\"></span>. Fundo de regul<span class=\"_ _1\"></span>ariza\u00e7\u00e3o da d<span class=\"_ _1\"></span>\u00edvida p\u00fablica <span class=\"_ _1\"></span>- Proc.<span class=\"_ _1\"></span> N.\u00ba 774/1<span class=\"_ _1\"></span>1.3 BEALM<span class=\"_ _1\"></span> Adi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>alme<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>, f<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span> Tr<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> Ad<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>trat<span class=\"_ _0\"></span>ivo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> A<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>ada,<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 1<span class=\"_ _0\"></span>1 de<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>utub<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 2011<span class=\"ls0\"> no<span class=\"_ _0\"></span>va <span class=\"_ _0\"></span>pet<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue se<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>cit<span class=\"_ _0\"></span>ava <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ree<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ols<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rso<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ore<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>tot<span class=\"_ _0\"></span>aliz<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o </span>136<span class=\"ls0\">.</span>243<span class=\"ls0\">.9<span class=\"_ _0\"></span>49 <span class=\"_ _0\"></span>eur<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tivo<span class=\"_ _0\"></span>s a <span class=\"_ _0\"></span>aj<span class=\"_ _0\"></span>ust<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s na<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00f5es <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ceir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> </span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>\u00f3s<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>atiz<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> vi<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ajus<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> at<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>abil<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ades<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>regi<span class=\"_ _0\"></span>stad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>s q<span class=\"_ _0\"></span>uai<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> ha<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>sido<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>mul<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>e\u00e7<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>za\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> n\u00e3o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>oce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>oni<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ta d<span class=\"_ _0\"></span>os con<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>ao <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>. Em <span class=\"_ _0\"></span>24<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>aio<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>14<span class=\"_ _0\"></span>, o <span class=\"_ _0\"></span>Tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>nal <span class=\"_ _0\"></span>Adm<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>rati<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>Fis<span class=\"_ _0\"></span>cal <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> Al<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>neg<span class=\"_ _0\"></span>ou <span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>edi<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>va t<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>hal<span class=\"_ _0\"></span>, so<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>itan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>ega\u00e7<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> es<span class=\"_ _0\"></span>cri<span class=\"_ _0\"></span>to.<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span> 30<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e ju<span class=\"_ _0\"></span>nho<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>14,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> Gru<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tou <span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ma\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>fer\u00ea<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si\u00e7\u00e3<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>n\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eix<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tar<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>esm<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>scri<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> sol<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>Tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>nal.<span class=\"_ _0\"></span> O <span class=\"_ _0\"></span>Tri<span class=\"_ _0\"></span>buna<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>eu<span class=\"_ _0\"></span> raz<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> \u00e0s<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>\u00f5e<span class=\"_ _0\"></span>s do<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>p\u00f3<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>nome<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>\u00f3ri<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l fo<span class=\"_ _0\"></span>i e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>o em<span class=\"_ _0\"></span> j<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ho d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>201<span class=\"_ _0\"></span>7, <span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>\u00eanci<span class=\"_ _0\"></span>a r<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span>ida,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>The<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>Com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>y, S<span class=\"_ _0\"></span>.A.,<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uer<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span> M<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>st\u00e9r<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>\u00e7as<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>\u00eanc<span class=\"_ _0\"></span>ia d<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> Pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tos <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>nad<span class=\"_ _0\"></span>os e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>audi<span class=\"_ _0\"></span>\u00eanc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ju<span class=\"_ _0\"></span>lga<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a pr<span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>clar<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s v<span class=\"_ _0\"></span>erb<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>s sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>\u00f3ri<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>. Ap\u00f3<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>clam<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tada<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>avi<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> 11<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span> 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>7 e<span class=\"_ _0\"></span> 15<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> jan<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>19,<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span>s pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tara<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>Rel<span class=\"_ _0\"></span>at\u00f3<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>s P<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>formu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>dos<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m 2<span class=\"_ _0\"></span>7 de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mbr<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>18 e<span class=\"_ _0\"></span> 19<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ar\u00e7o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>01<span class=\"_ _0\"></span>9, r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>peti<span class=\"_ _0\"></span>vam<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>. As <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ss\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> da<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>di\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e ju<span class=\"_ _0\"></span>lg<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o ti<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span> l<span class=\"_ _0\"></span>ugar<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntre<span class=\"_ _3b\"></span> maio<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>nho <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>19,<span class=\"_ _0\"></span> ten<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>as par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>apre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>ale<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ais <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>temb<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>19<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> ag<span class=\"_ _0\"></span>uard<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o-<span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>ago<span class=\"_ _0\"></span>ra a<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>s\u00e3<span class=\"_ _0\"></span>o do<span class=\"_ _0\"></span> Tr<span class=\"_ _0\"></span>ibu<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>. 10.<span class=\"_ _a9\"> </span><span class=\"ls0\">Est<span class=\"_ _0\"></span>rutu<span class=\"_ _0\"></span>ra <span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>o</span>10.1.<span class=\"ffd ls0\"> <span class=\"_ _3b\"></span><span class=\"ff3\"> I<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>\u00e1r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s </span></span>2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Capital % Capital % Denomina\u00e7\u00e3o <span class=\"_ _1\"></span>Social Sede pr\u00f3prio detida Saldo pr\u00f3prio detida Saldo Navigator Intern<span class=\"_ _1\"></span>acional Holdin<span class=\"_ _1\"></span>g Set\u00fabal - 100 -120.226.861100 120.226.861 SGPS, S.A. S<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>c.<span class=\"_ _3b\"></span> V<span class=\"_ _3b\"></span>in<span class=\"_ _0\"></span>ho<span class=\"_ _3b\"></span>s <span class=\"_ _3b\"></span>He<span class=\"_ _3b\"></span>rda<span class=\"_ _3b\"></span>de<span class=\"_ _0\"></span> <span class=\"_ _3b\"></span>Es<span class=\"_ _0\"></span>pi<span class=\"_ _3b\"></span>rr<span class=\"_ _3b\"></span>a, <span class=\"_ _3b\"></span>S.<span class=\"_ _3b\"></span>A.<span class=\"_ _0\"></span> Set\u00fabal 1.837.953 100 1.837.953 n.a.n.a.n.a.Navigator Brands,<span class=\"_ _1\"></span> S.A. (A)Figueira da Foz31.444.601 100 408.200.985 10.054.563 100 386.810.950 Navigator Pulp A<span class=\"_ _1\"></span>veiro, S.A. <span class=\"_ _1\"></span> (B) Aveiro 124.266.347 100 120.880.817 105.544.053 100 105.544.053 Enerpulp, S.A.<span class=\"_ _1\"></span> Set\u00fabal 72.975.632 100 72.975.632 49.504.315 100 49.504.315 N<span class=\"_ _0\"></span>av<span class=\"_ _3b\"></span>ig<span class=\"_ _0\"></span>a<span class=\"_ _3b\"></span>to<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>Pa<span class=\"_ _3b\"></span>rq<span class=\"_ _3b\"></span>ue<span class=\"_ _0\"></span>s <span class=\"_ _3b\"></span>In<span class=\"_ _0\"></span>d<span class=\"_ _3b\"></span>us<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _3b\"></span>ai<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>.A<span class=\"_ _3b\"></span>. Set\u00fabal 127.522.607 100 127.522.607 129.751.094 100 129.751.094 Po<span class=\"_ _3b\"></span>rtuc<span class=\"_ _3b\"></span>el <span class=\"_ _0\"></span>Mo<span class=\"_ _0\"></span>\u00e7<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ue,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>S.<span class=\"_ _0\"></span>A.<span class=\"_ _0\"></span> Mo\u00e7ambique 1.365.602 90 1.365.602 4.466.703 90 9.306.240 N<span class=\"_ _0\"></span>av<span class=\"_ _3b\"></span>ig<span class=\"_ _0\"></span>a<span class=\"_ _3b\"></span>to<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>ul<span class=\"_ _3b\"></span>p <span class=\"_ _3b\"></span>Se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u00fab<span class=\"_ _3b\"></span>al<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>A.<span class=\"_ _3b\"></span>  Set\u00fabal 233.217.325 100 233.217.325 199.116.255 100 199.116.253 N<span class=\"_ _0\"></span>av<span class=\"_ _3b\"></span>ig<span class=\"_ _0\"></span>a<span class=\"_ _3b\"></span>to<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>ul<span class=\"_ _3b\"></span>p <span class=\"_ _3b\"></span>Fi<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>i<span class=\"_ _3b\"></span>ra<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>S.<span class=\"_ _3b\"></span>A.<span class=\"_ _0\"></span> <span class=\"_ _0\"></span> Figueira da Foz<span class=\"_ _1\"></span> 208.528.502 100 208.528.502 151.392.875 100 151.392.866 N<span class=\"_ _0\"></span>av<span class=\"_ _3b\"></span>ig<span class=\"_ _0\"></span>a<span class=\"_ _3b\"></span>to<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>Fo<span class=\"_ _3b\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _3b\"></span>t <span class=\"_ _0\"></span>Po<span class=\"_ _3b\"></span>rt<span class=\"_ _3b\"></span>ug<span class=\"_ _0\"></span>al<span class=\"_ _3b\"></span>, <span class=\"_ _3b\"></span>S.<span class=\"_ _3b\"></span>A. Set\u00fabal 40.205.331 100 40.205.331 26.088.918 100 26.088.918 N<span class=\"_ _0\"></span>av<span class=\"_ _3b\"></span>ig<span class=\"_ _0\"></span>a<span class=\"_ _3b\"></span>to<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>Pa<span class=\"_ _3b\"></span>pe<span class=\"_ _3b\"></span>r <span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t\u00fa<span class=\"_ _3b\"></span>ba<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>.A<span class=\"_ _3b\"></span>. (B) Set\u00fabal 623.646.952 100 613.841.320 547.465.274 100 536.556.882 N<span class=\"_ _0\"></span>av<span class=\"_ _3b\"></span>ig<span class=\"_ _0\"></span>a<span class=\"_ _3b\"></span>to<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>Ti<span class=\"_ _3b\"></span>ss<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>e <span class=\"_ _3b\"></span>Av<span class=\"_ _3b\"></span>ei<span class=\"_ _3b\"></span>ro<span class=\"_ _0\"></span>, <span class=\"_ _3b\"></span>S.<span class=\"_ _3b\"></span>A.<span class=\"_ _0\"></span> <span class=\"_ _0\"></span> (B) Aveiro 115.180.815 100 114.837.623 100.861.464 100 100.945.534 RAIZ - Inst.In<span class=\"_ _1\"></span>vestiga\u00e7\u00e3o Aveiro 9.849.186 97 9.604.970 9.563.212 97 9.276.315 Floresta e Papel<span class=\"_ _1\"></span> N<span class=\"_ _0\"></span>av<span class=\"_ _3b\"></span>ig<span class=\"_ _0\"></span>a<span class=\"_ _3b\"></span>to<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>Pa<span class=\"_ _3b\"></span>pe<span class=\"_ _3b\"></span>r <span class=\"_ _0\"></span>Fi<span class=\"_ _3b\"></span>gu<span class=\"_ _3b\"></span>ei<span class=\"_ _0\"></span>ra<span class=\"_ _3b\"></span>, <span class=\"_ _3b\"></span>S.<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>. (B)Figueira da Foz145.585.816 100 129.934.579 96.742.435 100 88.335.334 Pulpchem Logist<span class=\"_ _1\"></span>ics, A.C.E.<span class=\"_ _1\"></span> Figueira da Foz- 50 - - 50 - Emprem\u00e9dia <span class=\"_ _1\"></span>- Corretores de Lisboa 4.855.247 100 4.855.247 4.819.316 100 4.819.316 Seguros, S.A.<span class=\"_ _1\"></span> Empremedia DAC<span class=\"_ _1\"></span> Irlanda 5.342.757 100 5.342.757 1.494.226 100 1.494.226 Navigator Paper Me<span class=\"_ _1\"></span>xico M\u00e9xico 32.340 25 8.085 4.519 25 1.130 Navigator Egypt<span class=\"_ _1\"></span> Egito 23.874 1 239 16.152 1 162 2.093.159.574 1.919.170.450 (A)<span class=\"_ _40\"> </span>Inc<span class=\"_ _0\"></span>lui<span class=\"_ _0\"></span> Goo<span class=\"_ _0\"></span>dwi<span class=\"_ _0\"></span>ll <span class=\"_ _0\"></span>gerad<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span>quan<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>da a<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi\u00e7\u00e3<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o ne<span class=\"_ _0\"></span>g\u00f3c<span class=\"_ _0\"></span>io i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>gra<span class=\"_ _0\"></span>do de<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> pap<span class=\"_ _0\"></span>el d<span class=\"_ _0\"></span>a F<span class=\"_ _0\"></span>igue<span class=\"_ _0\"></span>ira <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Foz(B)<span class=\"_ _40\"> </span>Val<span class=\"_ _0\"></span>or d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>balan<span class=\"_ _0\"></span>\u00e7o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>flete<span class=\"_ _0\"></span> anu<span class=\"_ _0\"></span>la\u00e7<span class=\"_ _0\"></span>\u00e3o de<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>gens <span class=\"_ _0\"></span>int<span class=\"_ _0\"></span>erna<span class=\"_ _0\"></span>s n<span class=\"_ _0\"></span>\u00e3o r<span class=\"_ _0\"></span>eal<span class=\"_ _0\"></span>iza<span class=\"_ _0\"></span>dasO v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>Go<span class=\"_ _0\"></span>odw<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>soci<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>inte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ast<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l d<span class=\"_ _0\"></span>a Fi<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>a da <span class=\"_ _0\"></span>Fo<span class=\"_ _0\"></span>z, <span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> 37<span class=\"_ _0\"></span>6.<span class=\"_ _0\"></span>756.3<span class=\"_ _0\"></span>83<span class=\"_ _0\"></span> Eu<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s, \u00e9<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>vu<span class=\"_ _0\"></span>lgad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>omo<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>gran<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> o v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>or da <span class=\"_ _0\"></span>par<span class=\"_ _3b\"></span>ticip<span class=\"_ _0\"></span>a\u00e7\u00e3<span class=\"_ _0\"></span>o fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ira<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> ME<span class=\"_ _0\"></span>P, <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>ormi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> os<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>uisi<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a IAS<span class=\"_ _0\"></span> 27<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> IA<span class=\"_ _0\"></span>S <span class=\"_ _0\"></span>28<span class=\"_ _0\"></span>. Movimentos<span class=\"_ _1\"></span> <span class=\"lsb4\">no</span> per\u00edodo<span class=\"_ _1\"></span> Movimentos em investimentos em subsidi\u00e1rias <span class=\"ffa\">\u2013</span> Resumo Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Saldo inicial<span class=\"_ _1\"></span> 1.919.170.450 <span class=\"_ _1\"></span> 1.858.530.371 <span class=\"_ _1\"></span> Aquisi\u00e7\u00f5es e aliena\u00e7<span class=\"_ _1\"></span>\u00f5es de partic<span class=\"_ _1\"></span>ipa\u00e7\u00f5es<span class=\"_ _1\"></span> 1.859.329 <span class=\"_ _1\"></span> -  Fus\u00f5es, Cis\u00f5es e<span class=\"_ _1\"></span> Liquida\u00e7\u00f5es<span class=\"_ _1\"></span> (120.477.540)<span class=\"_ _1\"></span> (28.622.021)<span class=\"_ _1\"></span> Realiza\u00e7\u00e3o de presta<span class=\"_ _1\"></span>\u00e7\u00f5es acess\u00f3ri<span class=\"_ _1\"></span>as de capital<span class=\"_ _1\"></span> 7.050.000 <span class=\"_ _1\"></span> 32.273.764 <span class=\"_ _1\"></span> Resultado apropr<span class=\"_ _1\"></span>iado pela apli<span class=\"_ _1\"></span>ca\u00e7\u00e3o do MEP <span class=\"_ _1\"></span> 349.940.785 <span class=\"_ _1\"></span> 160.083.746 <span class=\"_ _1\"></span> Outros rendimentos<span class=\"_ _1\"></span> integrais<span class=\"_ _1\"></span> 28.416.539 <span class=\"_ _1\"></span> (4.354.319) Dividendos atribu<span class=\"_ _1\"></span>\u00eddos<span class=\"_ _1\"></span> (92.799.990) (85.802.502)<span class=\"_ _1\"></span> Transfer\u00eancia para<span class=\"_ _1\"></span> provis\u00f5es (Not<span class=\"_ _1\"></span>a 9.1) -  (18.293.058)<span class=\"_ _1\"></span> Outros moviment<span class=\"_ _1\"></span>os -  5.354.469 <span class=\"_ _1\"></span> Saldo Final 2.093.159.574 <span class=\"_ _1\"></span> 1.919.170.450 <span class=\"_ _1\"></span> Movimentos em investimentos em subsidi\u00e1rias <span class=\"ffa\">\u2013</span> Detalhe Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Saldo Inicial<span class=\"_ _1\"></span> 1.919.170.450 <span class=\"_ _1\"></span> 1.858.530.371 <span class=\"_ _1\"></span> Fus\u00f5es, cis\u00f5e<span class=\"_ _1\"></span>s e liquida\u00e7\u00f5es <span class=\"_ _1\"></span> Navigator Part<span class=\"_ _1\"></span>icipa\u00e7\u00f5es Holdin<span class=\"_ _1\"></span>g SGPS, S.A. <span class=\"_ _1\"></span> (120.477.540)<span class=\"_ _1\"></span> -  Portucel Finance <span class=\"_ _1\"></span>sp. Z o.o. <span class=\"_ _1\"></span> -  (28.622.021)<span class=\"_ _1\"></span> Fus\u00f5es, cis\u00f5e<span class=\"_ _1\"></span>s e liquida\u00e7\u00f5es <span class=\"_ _1\"></span> (120.477.540)<span class=\"_ _1\"></span> (28.622.021)<span class=\"_ _1\"></span> Realiza\u00e7\u00e3o de<span class=\"_ _1\"></span> presta\u00e7\u00f5es aces<span class=\"_ _1\"></span>s\u00f3rias de capital <span class=\"_ _45\"></span> Portucel Mo\u00e7amb<span class=\"_ _1\"></span>ique, Lda.<span class=\"_ _1\"></span> 7.050.000 <span class=\"_ _1\"></span> 32.273.764 <span class=\"_ _1\"></span> Realiza\u00e7\u00e3o de<span class=\"_ _1\"></span> presta\u00e7\u00f5es aces<span class=\"_ _1\"></span>s\u00f3rias de capital <span class=\"_ _45\"></span> 7.050.000  32.273.764 <span class=\"_ _1\"></span> Aquisi\u00e7\u00e3o e aliena<span class=\"_ _1\"></span>\u00e7\u00e3o de p<span class=\"_ _1\"></span>articipa\u00e7\u00f5es <span class=\"_ _1\"></span> Soc. Vinhos Herda<span class=\"_ _1\"></span>de Espirra, S.A.<span class=\"_ _1\"></span> 1.859.329 <span class=\"_ _1\"></span> -  Aquisi\u00e7\u00e3o e aliena<span class=\"_ _1\"></span>\u00e7\u00e3o de p<span class=\"_ _1\"></span>articipa\u00e7\u00f5es <span class=\"_ _1\"></span> 1.859.329  -  Resultado aprop<span class=\"_ _1\"></span>riado pela a<span class=\"_ _1\"></span>plica\u00e7\u00e3o do m\u00e9todo equiva<span class=\"_ _1\"></span>l\u00eancia <span class=\"_ _1\"></span>patrimonial <span class=\"_ _45\"></span> Navigator Internac<span class=\"_ _1\"></span>ional Holdin<span class=\"_ _1\"></span>g SGPS, S.A.<span class=\"_ _1\"></span> 250.677  4.519.509 <span class=\"_ _1\"></span> Soc. Vinhos Herda<span class=\"_ _1\"></span>de Espirra, S.A.<span class=\"_ _1\"></span> (21.024) -  Navigator Brands,<span class=\"_ _1\"></span> S.A.  23.726.365 <span class=\"_ _1\"></span> 8.665.432 <span class=\"_ _1\"></span> Navigator Pulp A<span class=\"_ _1\"></span>veiro, S.A.  <span class=\"_ _1\"></span> 25.832.155 <span class=\"_ _1\"></span> 21.697.515 <span class=\"_ _1\"></span> Enerpulp, S.A. <span class=\"_ _1\"></span> 23.471.317 <span class=\"_ _1\"></span> (2.025.042) Navigator Parques <span class=\"_ _1\"></span>Industriais, S.A<span class=\"_ _1\"></span>. <span class=\"_ _1\"></span> 4.157.859 <span class=\"_ _1\"></span> 4.226.240 <span class=\"_ _1\"></span> Portucel Mo\u00e7amb<span class=\"_ _1\"></span>ique, Lda.<span class=\"_ _1\"></span> (39.466.616) (1.922.861) Portucel Finance <span class=\"_ _1\"></span>sp. Z o.o. <span class=\"_ _1\"></span> -  (146.467) Navigator Pulp Set\u00faba<span class=\"_ _1\"></span>l, S.A. <span class=\"_ _1\"></span> 59.022.877 <span class=\"_ _1\"></span> 36.561.332 <span class=\"_ _1\"></span> Navigator Pulp F<span class=\"_ _1\"></span>igueira, S.A. <span class=\"_ _1\"></span> 57.135.635 <span class=\"_ _1\"></span> 47.769.394 <span class=\"_ _1\"></span> Navigator Forest Portu<span class=\"_ _1\"></span>gal, S.A.<span class=\"_ _1\"></span> 14.278.823 <span class=\"_ _1\"></span> (1.011.885) Navigator Tissue A<span class=\"_ _1\"></span>veiro, S.A. <span class=\"_ _1\"></span> 22.393.445 <span class=\"_ _1\"></span> 8.807.387 <span class=\"_ _1\"></span> Navigator Paper Set\u00fa<span class=\"_ _1\"></span>bal, S.A.<span class=\"_ _1\"></span> 98.740.914 <span class=\"_ _1\"></span> 22.327.297 <span class=\"_ _1\"></span> Raiz - Inst.Invest<span class=\"_ _1\"></span>iga\u00e7\u00e3o Floresta e<span class=\"_ _1\"></span> Papel<span class=\"_ _1\"></span> 60.166  228.222  Navigator Paper <span class=\"_ _1\"></span>Figueira, S.A.<span class=\"_ _1\"></span> 56.920.887 <span class=\"_ _1\"></span> 9.071.443 <span class=\"_ _1\"></span> Emprem\u00e9dia <span class=\"_ _1\"></span>- Corretores de Segu<span class=\"_ _1\"></span>ros, S.A.<span class=\"_ _1\"></span> 1.142.384 <span class=\"_ _1\"></span> 1.148.123 <span class=\"_ _1\"></span> Empremedia <span class=\"lsb5\">DAC<span class=\"_ _1\"></span></span> 2.276.468 <span class=\"_ _1\"></span> 160.245  Navigator Paper Me<span class=\"_ _1\"></span>xico 18.397  7.763  Navigator Egypt<span class=\"_ _1\"></span> 56 <span class=\"ls0\"> </span>99 <span class=\"ls0\"> </span>Resultado aprop<span class=\"_ _1\"></span>riado pela a<span class=\"_ _1\"></span>plica\u00e7\u00e3o do m\u00e9todo equiva<span class=\"_ _1\"></span>l\u00eancia <span class=\"_ _1\"></span>patrimonial <span class=\"_ _45\"></span> 349.940.785 <span class=\"_ _1\"></span> 160.083.746 <span class=\"_ _1\"></span> Altera\u00e7\u00e3o capitai<span class=\"_ _1\"></span>s pr\u00f3prios da i<span class=\"_ _1\"></span>nvestida n\u00e3o re<span class=\"_ _1\"></span>conhecidos e<span class=\"_ _1\"></span>m resultado<span class=\"_ _1\"></span>s <span class=\"_ _1\"></span> Navigator Internac<span class=\"_ _1\"></span>ional Holdin<span class=\"_ _1\"></span>g SGPS, S.A.<span class=\"_ _1\"></span> -  (28.932) Soc. Vinhos Herda<span class=\"_ _1\"></span>de Espirra, S.A.<span class=\"_ _1\"></span> (352) -  Enerpulp, S.A.<span class=\"_ _1\"></span> -  1 <span class=\"ls0\"> </span>Navigator Brands,<span class=\"_ _1\"></span> S.A. 3.729.483 <span class=\"_ _1\"></span> 1.374.977 <span class=\"_ _1\"></span> Valores em Euros<span class=\"_ _1\"></span> 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>Navigator Forest<span class=\"_ _1\"></span> Portugal, S.A.<span class=\"_ _1\"></span> (162.410) (62.373) Navigator Tissue A<span class=\"_ _1\"></span>veiro, S.A. <span class=\"_ _1\"></span> - 77.000 Navigator Paper Set\u00fa<span class=\"_ _1\"></span>bal, S.A.<span class=\"_ _1\"></span> (1.439.556) 2.510.585 Navigator Pulp F<span class=\"_ _1\"></span>igueira, S.A. <span class=\"_ _1\"></span> - (9) Raiz - Inst.Invest<span class=\"_ _1\"></span>iga\u00e7\u00e3o Floresta e<span class=\"_ _1\"></span> Papel<span class=\"_ _1\"></span> 268.489 150.542 Portucel Mo\u00e7a<span class=\"_ _1\"></span>mbique, S.A. 24.475.978 (8.021.372) Portucel Finance <span class=\"_ _1\"></span>sp. Z o.o. <span class=\"_ _1\"></span> - (99.840) Emprem\u00e9dia <span class=\"_ _1\"></span>- Corretores de Segu<span class=\"_ _1\"></span>ros, S.A.<span class=\"_ _1\"></span> (15.735) 515 Empremedia DAC<span class=\"_ _1\"></span> 1.572.063 (246.192) Navigator Paper Me<span class=\"_ _1\"></span>xico (11.442) (9.179) Navigator Egypt<span class=\"_ _1\"></span> 21 (43) Altera\u00e7\u00e3o capitai<span class=\"_ _1\"></span>s pr\u00f3prios da i<span class=\"_ _1\"></span>nvestida n\u00e3o re<span class=\"_ _1\"></span>conhecidos e<span class=\"_ _1\"></span>m resultado<span class=\"_ _1\"></span>s 28.416.539 (4.354.319)<span class=\"_ _1\"></span> Distribui\u00e7\u00e3o de d<span class=\"_ _1\"></span>ividendos / reserv<span class=\"_ _1\"></span>as Navigator Brands,<span class=\"_ _1\"></span> S.A.  (6.065.810) - Navigator Pulp A<span class=\"_ _1\"></span>veiro, S.A.  <span class=\"_ _1\"></span> (10.495.391) - Navigator Parques <span class=\"_ _1\"></span>Industriais, S.A<span class=\"_ _1\"></span>. <span class=\"_ _1\"></span> (6.386.346) (6.913.543) Navigator Forest Portu<span class=\"_ _1\"></span>gal, S.A.<span class=\"_ _1\"></span> - (790.466) Navigator Pulp Set\u00faba<span class=\"_ _1\"></span>l, S.A.<span class=\"_ _1\"></span> (24.921.806) - Navigator Pulp F<span class=\"_ _1\"></span>igueira, S.A.<span class=\"_ _1\"></span> - (4.098.466) Navigator Paper Set\u00fa<span class=\"_ _1\"></span>bal, S.A.<span class=\"_ _1\"></span> (20.016.922) (14.122.166)<span class=\"_ _1\"></span> Navigator Tissue A<span class=\"_ _1\"></span>veiro, S.A.<span class=\"_ _1\"></span> (8.501.356) (21.771.001)<span class=\"_ _1\"></span> Navigator Paper <span class=\"_ _1\"></span>Figueira, S.A.<span class=\"_ _1\"></span> (15.321.642) (29.749.461)<span class=\"_ _1\"></span> Emprem\u00e9dia <span class=\"_ _1\"></span>- Corretores de Segu<span class=\"_ _1\"></span>ros, S.A.<span class=\"_ _1\"></span> (1.090.717) (928.910) Enerpulp, S.A.<span class=\"_ _1\"></span> - (7.428.489) Distribui\u00e7\u00e3o de d<span class=\"_ _1\"></span>ividendos / reserv<span class=\"_ _1\"></span>as (92.799.990)<span class=\"_ _1\"></span> (85.802.502)<span class=\"_ _1\"></span> Outros movime<span class=\"_ _1\"></span>ntos e reclassifi<span class=\"_ _1\"></span>ca\u00e7\u00f5es - 5.354.469 Saldo Final 2.093.159.574 1.937.463.508 Provis\u00f5es para subs<span class=\"_ _1\"></span>idi\u00e1rias (Nota<span class=\"_ _1\"></span> 9.1)<span class=\"_ _1\"></span> - (18.293.058)<span class=\"_ _1\"></span> Saldo final con<span class=\"_ _1\"></span>siderando Prov<span class=\"_ _1\"></span>is\u00f5es 2.093.159.574 1.919.170.450 O <span class=\"ls0\">re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ltad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>apr<span class=\"_ _0\"></span>opri<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span> m\u00e9<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>do d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>equ<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>al\u00ea<span class=\"_ _0\"></span>ncia<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>trim<span class=\"_ _0\"></span>oni<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e0 Po<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>uce<span class=\"_ _0\"></span>l </span>Mo\u00e7<span class=\"_ _0\"></span>amb<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>i i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>cta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> em <span class=\"_ _0\"></span><span class=\"ff9\">\u20ac30<span class=\"_ _0\"></span>.3<span class=\"_ _0\"></span>56.<span class=\"_ _0\"></span>972<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>ciad<span class=\"_ _0\"></span>o<span class=\"ff1\">s<span class=\"_ _0\"></span> a d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>ere<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>c\u00e2mb<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>fav<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> </span></span>acu<span class=\"_ _0\"></span>mul<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>as,<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tam<span class=\"_ _0\"></span>ente<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>mbol<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>\u00e9sti<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span> (s<span class=\"_ _0\"></span>upr<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s)<span class=\"_ _0\"></span> de l<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>azo<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>once<span class=\"_ _0\"></span>did<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpre<span class=\"_ _0\"></span>sa<span class=\"ls10\">. </span><span class=\"ff3\"> </span>Estimativas e julgamentos Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, o<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ont<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>\u00e7\u00f5e<span class=\"_ _0\"></span>s f<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ance<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>onh<span class=\"_ _0\"></span>eci<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> nas<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>mon<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>cei<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>The<span class=\"_ _0\"></span> N<span class=\"_ _0\"></span>avig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>Comp<span class=\"_ _0\"></span>any<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>S.A.<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>av\u00e9<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>tod<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>val\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>imo<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>al a<span class=\"_ _0\"></span>sce<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span> 2.<span class=\"_ _0\"></span>093<span class=\"_ _0\"></span> mil<span class=\"_ _0\"></span>h\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> eur<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>(2<span class=\"_ _0\"></span>021:<span class=\"_ _3b\"></span> 1.919<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>ilh<span class=\"_ _0\"></span>\u00f5es<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> eu<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s)<span class=\"_ _0\"></span>, o qu<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>incl<span class=\"_ _0\"></span>ui <span class=\"_ _0\"></span>Go<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>will<span class=\"_ _0\"></span> ess<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cial<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ado <span class=\"_ _0\"></span>\u00e0 u<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>caix<span class=\"_ _0\"></span>a P<span class=\"_ _0\"></span>ape<span class=\"_ _0\"></span>l i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>egr<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a Fi<span class=\"_ _0\"></span>guei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Fo<span class=\"_ _0\"></span>z.<span class=\"_ _0\"></span> O G<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>dwi<span class=\"_ _0\"></span>ll <span class=\"_ _0\"></span>n\u00e3o <span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>amo<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>izad<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>nco<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>a-se<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>uj<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>parid<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e, num<span class=\"_ _0\"></span>a b<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>\u00edni<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>anu<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, e<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>ist<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>\u00e0 d<span class=\"_ _0\"></span>ata<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra alt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>aos<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>tos s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>jac<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tuado<span class=\"_ _0\"></span>, q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>m e<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>. O<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>valo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>upe<span class=\"_ _0\"></span>r\u00e1ve<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> u<span class=\"_ _0\"></span>nid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s g<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>ras<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> fl<span class=\"_ _0\"></span>uxo<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>cai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nado<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span> b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>o c<span class=\"_ _0\"></span>\u00e1lc<span class=\"_ _0\"></span>ulo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alore<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> us<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> Ess<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> c\u00e1<span class=\"_ _0\"></span>lcul<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> exig<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> us<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tima<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>as.<span class=\"_ _0\"></span> Em <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>eze<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ro d<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2, u<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>grav<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>e 0<span class=\"_ _0\"></span>,5<span class=\"_ _0\"></span>% n<span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>axa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>onto<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>a no <span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span> Go<span class=\"_ _0\"></span>odw<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span> al<span class=\"_ _0\"></span>oca<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> \u00e0 <span class=\"_ _0\"></span>uni<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>era<span class=\"_ _0\"></span>dor<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> cai<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>Pap<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>rado<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>a Fi<span class=\"_ _0\"></span>guei<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Fo<span class=\"_ _0\"></span>z,<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>plic<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>um d<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>r\u00e9s<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>mo n<span class=\"_ _0\"></span>a a<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> \u20ac2<span class=\"_ _0\"></span>69<span class=\"_ _0\"></span>.081<span class=\"_ _0\"></span>.4<span class=\"_ _0\"></span>88<span class=\"_ _0\"></span> (31<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>zem<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de 20<span class=\"_ _0\"></span>20:<span class=\"_ _0\"></span> \u20ac1<span class=\"_ _0\"></span>38<span class=\"_ _0\"></span>.398<span class=\"_ _0\"></span>.5<span class=\"_ _0\"></span>65<span class=\"_ _0\"></span>), <span class=\"_ _0\"></span>aind<span class=\"_ _0\"></span>a as<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>erc<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>4 <span class=\"_ _0\"></span><span class=\"ff1\">vez<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>eri<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>lor<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>abil\u00ed<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ico<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>esta<span class=\"_ _0\"></span> </span>uni<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>rado<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>ixa<span class=\"_ _0\"></span>. Pol\u00edticas Contabil\u00edsticas Sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>\u00e1ria<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o<span class=\"_ _0\"></span> tod<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>sobr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>is <span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpre<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span> oc<span class=\"_ _0\"></span>orr<span class=\"_ _0\"></span>e qu<span class=\"_ _0\"></span>and<span class=\"_ _0\"></span>o a<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>a es<span class=\"_ _0\"></span>t\u00e1 <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>ta, <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span> te<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>dir<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> ao<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>torn<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>\u00e1vei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>u en<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>vim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>ntid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>e te<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>apa<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>dade<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>ara <span class=\"_ _0\"></span>afe<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>orno<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>v\u00e9<span class=\"_ _0\"></span>s do ex<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>c\u00edci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>sob<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> enti<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s, i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>men<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>agem<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>\u00e9m <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>e os <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>pita<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span>. A e<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>st\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a e<span class=\"_ _0\"></span> o<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>eit<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>dire<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> vot<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>pote<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue s<span class=\"_ _0\"></span>ej<span class=\"_ _0\"></span>am <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ntem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>erc\u00edv<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>u con<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rt\u00ed<span class=\"_ _0\"></span>vei<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ados<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> av<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mpr<span class=\"_ _0\"></span>esa<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>et\u00e9<span class=\"_ _0\"></span>m o<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>ontr<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>bre<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a en<span class=\"_ _0\"></span>tid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>.  Me<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra\u00e7<span class=\"_ _0\"></span>\u00e3o Os <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tos<span class=\"_ _0\"></span> em<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>ubsi<span class=\"_ _0\"></span>di\u00e1r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>bili<span class=\"_ _0\"></span>zad<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span> pel<span class=\"_ _0\"></span>o m<span class=\"_ _0\"></span>\u00e9t<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>val\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>atr<span class=\"_ _0\"></span>imon<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l. <span class=\"_ _0\"></span> De <span class=\"_ _0\"></span>aco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>m\u00e9<span class=\"_ _0\"></span>todo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>val\u00ea<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>a p<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>rim<span class=\"_ _0\"></span>oni<span class=\"_ _0\"></span>al,<span class=\"_ _0\"></span> as<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>eir<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>s\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>pel<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>seu <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> aqu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>i\u00e7<span class=\"_ _0\"></span>\u00e3o,<span class=\"_ _0\"></span> aj<span class=\"_ _0\"></span>usta<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span> cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>spon<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span> \u00e0 p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>tici<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>a Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span> nas<span class=\"_ _0\"></span> va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> dos<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>\u00f3pr<span class=\"_ _0\"></span>ios<span class=\"_ _0\"></span> (i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lui<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> o <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sult<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>o l\u00edq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>o) das<span class=\"_ _0\"></span> p<span class=\"_ _0\"></span>art<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>pad<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>part<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ult<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>r\u00ed<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>u d<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>capi<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>s p<span class=\"_ _0\"></span>r\u00f3p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>os,<span class=\"_ _0\"></span> con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>ant<span class=\"_ _0\"></span>e apl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>\u00e1ve<span class=\"_ _0\"></span>l, <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>elo<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ndos<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ceb<span class=\"_ _0\"></span>ido<span class=\"_ _0\"></span>s. As <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>l\u00ed<span class=\"_ _0\"></span>tica<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tabil<span class=\"_ _0\"></span>\u00eds<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>das <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di\u00e1<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>aju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s, s<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span> q<span class=\"_ _0\"></span>ue <span class=\"_ _0\"></span>nec<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s\u00e1ri<span class=\"_ _0\"></span>o,<span class=\"_ _0\"></span> de <span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>a gar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span> qu<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>sma<span class=\"_ _0\"></span>s s<span class=\"_ _0\"></span>\u00e3o a<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>das<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> f<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tente<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>om <span class=\"_ _0\"></span>as <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> Na<span class=\"_ _0\"></span>vig<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r. Qua<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rti<span class=\"_ _0\"></span>cip<span class=\"_ _0\"></span>a\u00e7<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>Empr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>nas<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>i\u00e1r<span class=\"_ _0\"></span>ias<span class=\"_ _0\"></span> i<span class=\"_ _0\"></span>gual<span class=\"_ _0\"></span>a o<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>ultr<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>a o <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>u in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to n<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>dad<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span> Em<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>sa <span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span>xa <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>hec<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rda<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>cio<span class=\"_ _0\"></span>nai<span class=\"_ _0\"></span>s, ex<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span> ti<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>rid<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>pon<span class=\"_ _0\"></span>sabi<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>ou e<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ado<span class=\"_ _0\"></span> pag<span class=\"_ _0\"></span>ame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>m <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>me d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>form<span class=\"_ _0\"></span>e apr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tad<span class=\"_ _0\"></span>o n<span class=\"_ _0\"></span>a N<span class=\"_ _0\"></span>ota<span class=\"_ _0\"></span> 9.<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>- <span class=\"_ _0\"></span>Provi<span class=\"_ _0\"></span>s\u00f5<span class=\"_ _0\"></span>es. <span class=\"_ _0\"></span>Se<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>rme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>atar<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> lu<span class=\"_ _0\"></span>cro<span class=\"_ _0\"></span>s, <span class=\"_ _0\"></span>a E<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>a re<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cim<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ota-<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> n<span class=\"_ _0\"></span>esse<span class=\"_ _0\"></span>s l<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>s so<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>\u00f3s <span class=\"_ _0\"></span>a s<span class=\"_ _0\"></span>ua <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>s l<span class=\"_ _0\"></span>ucr<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>ar a p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>s pe<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span> n\u00e3o<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nhe<span class=\"_ _0\"></span>cid<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>. 10.2.<span class=\"ffd ls0\"> <span class=\"_ _46\"> </span><span class=\"ff3\"> T<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>a\u00e7\u00f5<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>m p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span>s </span></span>Saldos com partes relacionadas 31/12/22 31/12/<span class=\"ls2a\">21</span> Caixa - Financiam. Caixa - Financiam. Cash Valores Valores obtidos - Cash Cash Valores Valores obtidos - Cash Pooling a receber a pagar Pooling Pooling a receber a pagar Pooling Valores em Euros<span class=\"_ _1\"></span> (Nota 5.8) (Nota 4.2) (Nota 4.3) (Nota 5.6) (Nota 5.8) (Nota 4.2) (Nota 4.3) (Nota 5.6) Acionistas Semapa - Soc. de Investimento e Ge<span class=\"_ _1\"></span>st\u00e3o, SGPS, S.A. - - - - - - 1.023.084 - Subsidi\u00e1rias Portucel Mo\u00e7ambique, Lda. -16.074.124179.813 - - 14.865.030 174.985 - Soc. Vinhos Herdade Espirra, S.A.<span class=\"_ _1\"></span> -137.5001.264.631 690.972 -137.8241.251.899 43.771 Eucaliptusland, S.A. 1.958.236 2.696.52219.629.984 -843.296890.76219.476.136 - Enerpulp, S.A. -27.623.84918.714 2.155.999 1.733.13525.681.527 8.800 - Navigator Forest Portugal, S.A.<span class=\"_ _1\"></span> 1.056.508 223.976.2234.161.311 -4.017.761216.076.667 -13.502.206Emprem\u00e9dia, S.A. -314.7382.500.000 --180.051 2.500.000 - Navigator Tissue Aveiro, S.A.<span class=\"_ _1\"></span> 9.224.157 109.574.52412.567.088 -11.593.771110.641.569 6.702.391 - Viveiros Alian\u00e7a, S.A.<span class=\"_ _1\"></span> 295.549 12.452 10.077 -309.067404.346 19.430 457.048 Navigator Paper Set\u00fabal, S.A.<span class=\"_ _1\"></span> -12.670.235210.032.758 68.427.985 5.547.22049.304.601 258.426.311 17.277.315 Navigator Paper Figueira, S.A. <span class=\"_ _1\"></span> -41.300.79550.254.735 42.374.812 37.415.90041.014.027 103.659.149 - Atlantic Forests , S.A. --- - 189.422 55.164 4.105.354 - Navigator Pulp Set\u00fabal, S.A.<span class=\"_ _1\"></span> -22.841.348160.586.837 94.232.683 443.913 24.130.709 159.527.631 5.392.673 Navigator Tissue R\u00f3d\u00e3o, S.A.<span class=\"_ _1\"></span> 7.132.582 3.712.464117.628.515 -6.498.8243.864.894 113.273.287 - Navigator Pulp Figueira, S.A.<span class=\"_ _1\"></span> -23.032.55550.049.785 88.027.911 4.629.83239.953.737 54.839.067 28.853.098 Raiz 517.219 41.636 6.430.576 - - - 4.583.372 225.161 Navigator International Holdi<span class=\"_ _1\"></span>ng SGPS, S.A. - - - - 137.171 -120.430.883- Navigator Brands, S.A.<span class=\"_ _1\"></span> -7.273.55763.612.814 366.639 2.053.234 900.750 31.105.863- Navigator Pulp Aveiro, S.A.<span class=\"_ _1\"></span>  13.543.290 8.759.22519.438.091 -2.008.21562.674.140 27.490.40610.638.537 Navigator Parques Industriais, S.<span class=\"_ _1\"></span>A. -4.115.70841.076.624 170.665 -2.406.27640.756.247907.939 Navigator Abastecimento de Madeira,<span class=\"_ _1\"></span> ACE 20.502.318 1.044.97915.184.766 -47.503.6832.374.016-49.425.162Bosques do Atlantico, S.L.<span class=\"_ _1\"></span> - 252 28.848.149 514.238 - - 28.848.149 2.150.313PulpChem Log\u00ed<span class=\"_ _1\"></span>stics, ACE - - 3.364.800 - - - 2.181.040 - Navigator North America<span class=\"_ _1\"></span> - - 67.774.364 - - - 16.825.852 - Navigator Eurasia -15.249- - - 7.917 - - Navigator Afrique du Nord -  9.371- - - 1.329 - - Navigator United Kingd<span class=\"_ _1\"></span>om, Ltd --16.738.877 - - 7.508.562 20.803.913 - Gavi\u00e3o - Sociedade de Ca\u00e7a e Turi<span class=\"_ _1\"></span>smo, S.A. -  3.9021.333.210 6.594 117.454 -1.379.264- Navigator Tissue Ib\u00e9rica -13.014.830363.134 - - 10.556.982 3.803.135- Navigator It\u00e1lia, SRL --2.068 - - - 1.765 - Navigator Deutschland, Gmb<span class=\"_ _1\"></span>H --243.419 - - - 159.886 - Navigator Austria -53.857- - - - - - Navigator Paper Poland SP Zoo<span class=\"_ _1\"></span> -16.893- - - 10.941 13 - Navigator Egypt, ELLC<span class=\"_ _1\"></span> --58 - - - - - Empremedia DAC -15.619.032100 - - 35.169.737 - - EMA Cacia - Engenharia e Ma<span class=\"_ _1\"></span>nuten\u00e7\u00e3o Industrial, ACE<span class=\"_ _1\"></span> --586 119.629 - - - 221.084 EMA<span class=\"_ _0\"></span> Se<span class=\"_ _0\"></span>t\u00faba<span class=\"_ _0\"></span>l -<span class=\"_ _0\"></span> En<span class=\"_ _0\"></span>genha<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>Manu<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>\u00e7\u00e3o <span class=\"_ _0\"></span>In<span class=\"_ _0\"></span>dustr<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>, A<span class=\"_ _0\"></span>CE --941 37.375 - - - 291.169 E<span class=\"_ _0\"></span>MA<span class=\"_ _0\"></span> F<span class=\"_ _3b\"></span>igu<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ra<span class=\"_ _3b\"></span> - <span class=\"_ _0\"></span>En<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>enh<span class=\"_ _3b\"></span>ar<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>Man<span class=\"_ _3b\"></span>ute<span class=\"_ _0\"></span>n\u00e7<span class=\"_ _0\"></span>\u00e3<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tr<span class=\"_ _3b\"></span>ial<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span> A<span class=\"_ _0\"></span>CE<span class=\"_ _0\"></span> --1.033 213.733 - - - 293.422 About the Future, S.A. --- - - - 169 96.601 54.229.859 533.935.820 893.297.858 297.339.235 125.041.900 648.811.560 1<span class=\"_ _0\"></span>.0<span class=\"_ _0\"></span>23<span class=\"_ _3b\"></span>.357<span class=\"_ _3b\"></span>.48<span class=\"_ _0\"></span>4 <span class=\"_ _0\"></span> 129.775.499 Transa\u00e7\u00f5es com partes relacionadas 2022<span class=\"ls0\"> </span>2021<span class=\"ls0\"> </span>(Gastos)(Gastos)Compras Vendas e<span class=\"_ _1\"></span> Gastos Outros Outros / Compras Vendas e<span class=\"_ _1\"></span> Gastos Outros Outros / de bens prest<span class=\"ls2c\">. <span class=\"ls7a\">de </span></span>com rendim. Gastos Rendim<span class=\"ls2c\">. </span>de bens prest. <span class=\"ls7a\">de </span>com rendim. Gastos Rendim. Valores em Euros<span class=\"_ _1\"></span> e servi\u00e7os servi\u00e7os o<span class=\"_\"> </span>pessoalOperac. operac. financ. e servi\u00e7os servi\u00e7os o<span class=\"_\"> </span>pessoalOperac. operac. financ. Acionistas Semapa <span class=\"ff9\">\u2013</span> Soc. De Investimento 8.936.416  - - - - -10.043.173- - - - - e Gest\u00e3o, SGPS, S.A. 8.936.416  - - - - 10.043.173- - - - Subsidi\u00e1rias - - Portucel Finance sp. Z o.o.<span class=\"_ _1\"></span> - - - - - - - - - - - (71.004) S<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span> V<span class=\"_ _3b\"></span>in<span class=\"_ _0\"></span>h<span class=\"_ _3b\"></span>os<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>H<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>da<span class=\"_ _3b\"></span>de<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ir<span class=\"_ _3b\"></span>ra<span class=\"_ _3b\"></span>, <span class=\"_ _0\"></span>S<span class=\"_ _3b\"></span>.A<span class=\"_ _3b\"></span>. 569 32.658 282 - - (22.134) 1.241 - 331 - - (9.200) Eucaliptusland, S.A. -656.187- - - (233.481) -602.844- - (464) (113.561) Enerpulp, S.A. (321.700) 1.935.323(200.490) - - 133.801 (162.428) 312.575(213.222) - - 333.207 Navigator Brands, S.A.<span class=\"_ _1\"></span> 34.399.411  1.377.3493.523.458  - - (301.434) 9.088.196  1.565.009 3.173.946  -(98.978)(35.969) Navigator Forest Portugal, S.A.<span class=\"_ _1\"></span> 217.341 584.317 (527.474) - - 2.393.990  (2.988) 916.759 (458.756) -(513)1.623.599 Emprem\u00e9dia, S.A. - - - - -22.17742.440 -(46.111)-(12.071)53.033 Navigator Tissue Aveiro, S.A. <span class=\"_ _1\"></span> 103.652.798 60.689.534 - - - 1.293.145  67.662.434  44.015.950 -255.135-809.857Viveiros Alian\u00e7a, S.A.<span class=\"_ _1\"></span> 323.165 5.535 - - - 5.750 207.752 - - 5.767-324Navigator Paper Set\u00fabal, S.A. <span class=\"_ _1\"></span> 733.822.652 570.211.403 (8.356.770) 1.892 -(1.218.144)478.994.732 356.319.540 (8.380.950) 6.599.529  -1.378.460Atlantic Forests , S.A. - - - - --146.430 - - 15.093 -(28.009)PulpChem Log\u00edstics, ACE<span class=\"_ _1\"></span> 40.096.793  - - - - -16.424.171- - - - - Navigator Pulp Set\u00fabal, S.A.<span class=\"_ _1\"></span> 384.410.300 67.418.680 (5.654.152) 4.640 -(724.554)252.161.82640.006.811 (5.517.212) -(66.395)266.355 Navigator Tissue R\u00f3d\u00e3o, S.A.<span class=\"_ _1\"></span> 110.496.905 67.060.494 (32.368) - - (809.863)79.893.36946.533.576 -853.980-(752.956)Navigator Pulp Figueira, S.A.<span class=\"_ _1\"></span> 450.587.728 68.247.435 (8.821.980) 6.421 (1.498) 646.227 317.052.36642.120.929 (8.262.168) -(90.523)1.948.524Raiz (1.116) 25.874 (120.961) - - (45.707) (1.434) 321.023 (98.635) -(39.001)(22.300)N<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ga<span class=\"_ _3b\"></span>to<span class=\"_ _3b\"></span>r <span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>nt<span class=\"_ _3b\"></span>er<span class=\"_ _3b\"></span>na<span class=\"_ _0\"></span>t<span class=\"_ _3b\"></span>io<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>al<span class=\"_ _3b\"></span> <span class=\"_ _0\"></span>Ho<span class=\"_ _3b\"></span>ld<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span> - - - - -(488.608)- - - - -141.575S<span class=\"_ _0\"></span>G<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span> S<span class=\"_ _3b\"></span>.A<span class=\"_ _3b\"></span>. Navigator United Kingdom<span class=\"_ _1\"></span>, Ltd 22.260.940  - - - - -18.786.761- - - - - Navigator Tissue Ib\u00e9rica 975.732 46.177.550 - - - - 817.91429.658.532 - - - - Navigator Paper Figueira, S.A. <span class=\"_ _1\"></span> 703.891.494 527.449.696 - - - 32.847 482.457.760370.091.446 -99.152-1.082.456Navigator Pulp Aveiro, S.A.<span class=\"_ _1\"></span>  235.212.127 42.625.554 (3.924.177) - - 389.434 167.517.66426.700.416 (3.803.912) -(37.794)198.366N<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ga<span class=\"_ _3b\"></span>to<span class=\"_ _3b\"></span>r <span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>es<span class=\"_ _3b\"></span> I<span class=\"_ _0\"></span>n<span class=\"_ _3b\"></span>du<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ia<span class=\"_ _3b\"></span>is<span class=\"_ _3b\"></span>, <span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>. -874.712-2.988-222.990-2.021.312- - - 463.705 Navigator North America<span class=\"_ _1\"></span> 4.869.511  164.038.824----3.650.314  107.226.620- - - 119.673 Bosques do Atlantico, S.L.<span class=\"_ _1\"></span> (866) - - - - - (1.293) - - - - - Empremedia DAC - - - - -684.313- - - - -607.899Navigator Afrique du Nord - - - 3.275 --- - - - --Gavi\u00e3o <span class=\"ff9\">\u2013</span> Sociedade de Ca\u00e7a e - - - - -(16.292)- - - 69.482 -(11.198)Turismo, S.A. Navigator It\u00e1lia, SRL 302 - - - - - 355 - - - - - Navigator Netherlands, <span class=\"lsb6\">BV<span class=\"_ _1\"></span></span> - - - - - - 1.281 - - - - - Navigator Deutschland, Gmb<span class=\"_ _1\"></span>H - - - - - - 92 - - - - - Navigator Austria - - - 21.857 - - - - - - - - Navigator Paper Poland SP Zoo<span class=\"_ _1\"></span> - - - 16.893 - - - - - - - - Navigator Eurasia - - - 7.643 - - - - - - - - Na<span class=\"_ _3b\"></span>vig<span class=\"_ _0\"></span>at<span class=\"_ _3b\"></span>or <span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> (38.087) (11.985.153) (512.245) - - 772.728 (24.410) (2.699.553) (391.622) - - (37.385) Ma<span class=\"_ _3b\"></span>dei<span class=\"_ _0\"></span>ra<span class=\"_ _3b\"></span>, A<span class=\"_ _0\"></span>CE<span class=\"_ _0\"></span> About the Future, S.A. - - - - -(536)- - - - - - EMA Cacia <span class=\"ff9\">\u2013</span> Engenharia e - - - - -(2.126)- - - - - - Manuten\u00e7\u00e3o Industrial, ACE<span class=\"_ _1\"></span> EMA Set\u00fabal <span class=\"ff9\">\u2013</span> Engenharia e - - - - -(2.573)- - - - - - Manuten\u00e7\u00e3o Industrial, ACE<span class=\"_ _1\"></span> EMA Figueira <span class=\"ff9\">\u2013</span> Engenharia e - - - - -(2.977)- - - - - - Manuten\u00e7\u00e3o Industrial, ACE<span class=\"_ _1\"></span> 2.<span class=\"_ _3b\"></span>824<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>85<span class=\"_ _0\"></span>5.<span class=\"_ _3b\"></span>999<span class=\"_ _0\"></span> <span class=\"_ _0\"></span> 1.<span class=\"_ _3b\"></span>607<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>42<span class=\"_ _0\"></span>5.<span class=\"_ _3b\"></span>972<span class=\"_ _0\"></span>  (<span class=\"_ _0\"></span>24<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>62<span class=\"_ _0\"></span>6.<span class=\"_ _3b\"></span>877<span class=\"_ _0\"></span>) 65<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>60<span class=\"_ _0\"></span>9 <span class=\"_ _3b\"></span> (<span class=\"_ _0\"></span>1.<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>98<span class=\"_ _0\"></span>) 2.<span class=\"_ _3b\"></span>728<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>97<span class=\"_ _0\"></span>3 1.<span class=\"_ _3b\"></span>894<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>71<span class=\"_ _0\"></span>4.<span class=\"_ _3b\"></span>546<span class=\"_ _0\"></span> <span class=\"_ _0\"></span> 1.<span class=\"_ _3b\"></span>065<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>71<span class=\"_ _0\"></span>3.<span class=\"_ _3b\"></span>789<span class=\"_ _0\"></span>  (<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>99<span class=\"_ _0\"></span>8.<span class=\"_ _3b\"></span>309<span class=\"_ _0\"></span>) 7.<span class=\"_ _3b\"></span>898<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>13<span class=\"_ _0\"></span>8 <span class=\"_ _3b\"></span> (<span class=\"_ _0\"></span>34<span class=\"_ _0\"></span>5.<span class=\"_ _3b\"></span>739<span class=\"_ _0\"></span>) 7.<span class=\"_ _3b\"></span>945<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>45<span class=\"_ _0\"></span>2 <span class=\"_ _3b\"></span> A <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>mune<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>\u00e7\u00e3o<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>o pe<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>oal<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u00e3o <span class=\"_ _0\"></span>cha<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span> do <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>upo<span class=\"_ _0\"></span> \u00e9<span class=\"_ _0\"></span> deta<span class=\"_ _0\"></span>lh<span class=\"_ _0\"></span>ada<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span> No<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>7.<span class=\"_ _0\"></span>3 <span class=\"ff15\">\u2013<span class=\"_ _0\"></span><span class=\"ff7\"> Re<span class=\"_ _0\"></span>mun<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a\u00e7\u00e3o<span class=\"_ _0\"></span> </span></span>do<span class=\"_ _0\"></span>s m<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>bro<span class=\"_ _0\"></span>s d<span class=\"_ _0\"></span>os <span class=\"_ _0\"></span>\u00f3rg<span class=\"_ _0\"></span>\u00e3os<span class=\"_ _0\"></span> so<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfConsolidatedAndSeparateFinancialStatementsExplanatory",
    "language": "pt",
    "entity": "scheme:549300UNIB7M2AXUXS35",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  }
 }
}