CCR CORPORATE RATING

Agency Rating
Standard & Poor’s AAA/ Stable
Fitch AA / Negative
Moodys AA+.Br / Stable

 

INDEBTEDNESS

(R$ MM) Jun/17 Sep/17 Dec/17 Mar/18 Jun/18 Sep/18 Dec/18 Mar/19 Jun/19 Sep/19 Dec/19 Mar/20 Jun/20 Sep/20 Dec/20 Mar/21 Jun/21 Sep/21 Dec/21
Gross Debt (with transaction cost)* 15,719.9 15,851.0 17,993.9 18,375.5 17,658.9 18,806.6 17,815.1 18,468.8 18,332.1 18,575.5 20,224.2 20,354.7  22,247.8 22.340,3 21.291,4 21.097,88 21.974,59 25.683,96 28.187,00
% Real-Denominated 85% 86% 90% 93% 95% 94% 92% 89% 89% 89% 90% 89% 96% 90% 91% 90% 92% 90% 91%
% Foreign Currency-Denominated 14% 14% 10% 7% 5% 6% 8%  11% 11% 11% 10% 11% 11% 10% 9% 10% 8% 10% 9%
Short Term 4,998.8 3,855.5 4,061.6 3,320.7 2,174.5 2,492.6 3,159.9  2,793.1 3,250.3 3,110.6 4,110.7 5,239.7 4.900.4 4.939,36 3.941,42 4.878,15 3.695,85 4.132,93 3.580,0
% Real-Denominated 80% 74% 84% 80% 93% 92% 95% 98% 97% 93% 95% 93% 91% 96% 96% 98% 96% 96% 94%
% Foreign Currency-Denominated 20% 26% 16% 20% 7% 8% 5%  2% 3% 7% 5% 7% 9% 4% 4% 2% 4% 4% 6%
Long Term 10,721.0 11,995.5 13,932.3 15,052.8 15,484.5 16,314.0 14,655.2 15,675.1 15,081.7 15,464.9 16,113.5 15,114.9 17,347.4 17.400,97 17.350,02 16.219,73 18.278,74 21.551,04 24.607,0
% Real-Denominated 88% 90% 91% 96% 95% 94% 92% 88% 87% 88% 89% 88% 89% 89% 90% 88% 91% 89% 90%
% Foreign Currency-Denominated 12% 10% 9% 4% 5% 6% 8%  12% 13% 12% 11% 12% 11% 11% 10% 12% 9% 11% 10%
Cash, Financial Investments 35,999.7 3,887.0 5,007.3 5,312.4 3,500.0 5,021.8 3,186.3 4,317.4 3,796.0 4,422.7 5,233.7 5,350.3 6,579.9 7,131.45 6,384.91 6,322.38 6,606.28 8,459.24 5,995.0
Receivable/Payable Swap Settlements 159.1 163.2 284.0 342.2 378.9 383.5 263.6  277.2 258.4 217.8 91.9 88.2 90.5 55.1 72.5 -96.6 -97.1 70.3 90
 Net Debt 11,961.0 11,800.8 12,702.6 12,718.9 13,780.0 13,401.2 14,365.2 13,874.2 14,277.7 13,935.0 14,898.7 14,916.1 15,577.3  13,903.39  14,834.06  14,872.06  15,465.39  17,154.38  22,102.0

* Pro forma data, considering proportionally all companies of which CCR does not have control or jointly-owned subsidiaries (ex IFRS 10 and 11).

Debt Breakdown – Not Hedged*
(R$ MM) Index Average Cost per year Dez/21 %
BNDES TJLP TJLP + 0.0% –  4.0% a.a. 6,044.3 22.4%
Local Bond, Credit Deposit and other CDI 115% – 120% do CDI, CDI + 0.4050% – 4.47% a.a. 16,672.2 61.9%
Local Bond IPCA IPCA + 4.52% – 7.07% a.a. 1,884 7.0%
Dolar USD 4.2% a.a. – 12% a.a. 1,564 5.8%
Other Pre Fixed 6.14% – 9.76% a.a. 755.3 2.8%
Total 26,923.8 100%
Debt Breakdown – Hedged*
(R$ MM) Index Average Cost per year Jun/21 %
BNDES TJLP TJLP + 0.0% –  4.0% a.a. 6,044.3 22.4%
Local Bond, Credit Deposit and other CDI 115% – 120% do CDI, CDI + 0.4050% – 4.47% a.a. 19,420.4 72.1%
Local Bond IPCA IPCA + 4.52% – 7.07% a.a. 562.6 2.1%
Dolar USD 4.2% a.a. – 12% a.a. 857.4 3.2%
Other Pre Fixed 6.14% – 9.76% a.a. 39 0.1%
Total 26,923.8 100%

* Pro forma data, considering proportionally all companies of which CCR does not have control or jointly-owned subsidiaries (ex IFRS 10 and 11).

Debt Amortization Schedule *
Years R$ MM % Total
2022 3,377.2 12.5%
2023 7,006.2 26%
2024 5,653.1 21%
2025 2,279.7 8.5%
From 2026 8,607.6 32%
Total 26,923.8 100%

* Pro forma data, considering proportionally all companies of which CCR does not have control or jointly-owned subsidiaries (ex IFRS 10 and 11).

 

Click here to download the debt spreadsheet.