Arezzo Indústria e Comercio S A : Dados Econômico-Financeiros

(A free translation of the original in Portuguese)	Version: 2
Quarterly Financial Information (ITR) at June 30, 2022 - AREZZO INDÚSTRIA E COMÉRCIO S.A.
	Contents
	Company information
	Capital composition	1
	Parent company financial statements
	Balance sheet - Assets	2
	Balance sheet - Liabilities and equity	3
	Statement of income	5
	Statement of comprehensive income	6
	Statement of cash flows - Indirect method	7
	Statement of changes in equity
	January 1, 2022 to June 30, 2022	9
	January 1, 2021 to June 30, 2021	10
	Statement of value added	11
	Consolidated financial statements
	Balance sheet - Assets	12
	Balance sheet - Liabilities and equity	13
	Statement of income	15
	Statement of comprehensive income	17
	Statement of cash flows - Indirect method	18
	Statement of changes in equity
	January 1, 2022 to June 30, 2022	20
	January 1, 2021 to June 30, 2021	21
	Statement of value added	22
	Management Commentary	23
	Notes to the interim financial statements	57
	Reports and Statements
	Independent auditor's review report - unqualified conclusion	101
	Report of the Supervisory Board or its equivalent	102
	Statement by the officers on the financial statements	103
	Statement by the officers on the independent auditor's report	104

(A free translation of the original in Portuguese)

Version: 2

Quarterly Financial Information (ITR) at June 30, 2022 - AREZZO INDÚSTRIA E COMÉRCIO S.A.

Company information / Capital composition

Number of shares	Three months ended
(units)	June 30, 2022
Paid-up capital
Common shares	109,796,219
Preferred shares	0
Total	109,796,219
Treasury shares
Common shares	0
Preferred shares	0
Total	0

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(A free translation of the original in Portuguese)

Version: 2

Quarterly Financial Information (ITR) at June 30, 2022 - AREZZO INDÚSTRIA E COMÉRCIO S.A.

Parent company financial statements / Balance sheet - Assets (In thousands of real)

Account	Account title	Three months ended	Prior year ended
code		June 30, 2022	December 31, 2021
1	Total assets	3,639,734	2,664,878
1.01	Current assets	1,490,722	725,701
1.01.01	Cash and cash equivalents	54,465	2,448
1.01.02	Cash investments	344,051	69,775
1.01.02.01	Cash investments at fair value	344,051	69,775
	through profit or loss
1.01.02.01.03	Cash investments at fair value	344,051	69,775
1.01.03	Trade and other receivables	528,381	481,059
1.01.03.01	Trade receivables	528,381	481,059
1.01.04	Inventories	399,408	133,698
1.01.06	Taxes recoverable	122,751	16,942
1.01.06.01	Current tax assets	122,751	16,942
1.01.08	Other current assets	41,666	21,779
1.01.08.03	Other	41,666	21,779
1.02	Non-current assets	2,149,012	1,939,177
1.02.01	Long-term receivables	253,378	329,182
1.02.01.04	Trade and other receivables	1,293	2,016
1.02.01.04.01	Trade receivables	1,293	2,016
1.02.01.07	Deferred tax assets	191,886	178,775
1.02.01.07.01	Deferred income tax and social contribution	60,260	51,140
1.02.01.07.02	Taxes recoverable	131,626	127,635
1.02.01.09	Receivables from related parties	24,819	109,917
1.02.01.09.02	Receivables from subsidiaries	19,134	25,730
1.02.01.09.05	Loans to related parties	5,685	84,187
1.02.01.10	Other non-current assets	35,380	38,474
1.02.01.10.03	Judicial deposits	23,624	19,772
1.02.01.10.04	Other receivables	11,756	12,275
1.02.01.10.05	Derivative financial assets	0	6,427
1.02.02	Investments	811,982	1,458,891
1.02.02.01	Equity-accounted investees	809,121	1,456,431
1.02.02.01.02	Investments in subsidiaries	809,121	1,456,431
1.02.02.02	Investment properties	2,861	2,460
1.02.02.02.01	Investment properties	2,861	2,460
1.02.03	Property, plant and equipment	223,614	70,033
1.02.03.01	Property, plant and equipment in operation	223,614	70,033
1.02.04	Intangible assets	860,038	81,071
1.02.04.01	Intangible assets	860,038	81,071
1.02.04.01.02	Trademarks and patents	264,206	8,795
1.02.04.01.03	Key money	0	3,372
1.02.04.01.04	Software licenses	119,532	68,904
1.02.04.01.06	Goodwill	467,659	0
1.02.04.01.07	Customer relationships	8,641	0

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(A free translation of the original in Portuguese)

Version: 2

Quarterly Financial Information (ITR) at June 30, 2022 - AREZZO INDÚSTRIA E COMÉRCIO S.A.

Parent company financial statements / Balance sheet - Liabilities and equity (In thousands of real)

Account	Account title	Three months ended	Prior year ended
code		June 30, 2022	December 31, 2021
2	Total liabilities	3,639,734	2,664,878
2.01	Current liabilities	945,556	977,542
2.01.01	Salaries, vacation pay and social charges payable	75,875	57,461
2.01.01.01	Social charges	4,115	4,741
2.01.01.02	Salaries and vacation pay	71,760	52,720
2.01.02	Trade payables	500,216	459,056
2.01.02.01	Domestic suppliers	494,920	454,050
2.01.02.02	Foreign suppliers	5,296	5,006
2.01.03	Taxes payable	16,823	18,433
2.01.03.01	Federal taxes payable	12,576	15,978
2.01.03.01.02	Other federal tax liabilities s	12,576	15,978
2.01.03.02	State taxes payable	4,271	2,421
2.01.03.03	Municipal taxes payable	-24	34
2.01.04	Loans and borrowings	165,439	337,348
2.01.04.01	Loans and borrowings	165,439	337,348
2.01.04.01.01	In local currency	1,611	165,070
2.01.04.01.02	In foreign currency	163,828	172,278
2.01.05	Other liabilities	187,203	105,244
2.01.05.02	Other	187,203	105,244
2.01.05.02.01	Dividends and interest on capital payable	111,555	55,962
2.01.05.02.04	Other	40,531	44,557
2.01.05.02.05	Lease liabilities	22,117	4,725
2.01.05.02.06	Derivative financial liabilities	13,000	0
2.02	Non-current liabilities	201,746	96,756
2.02.01	Loans and borrowings	10,167	9,500
2.02.01.01	Loans and borrowings	10,167	9,500
2.02.01.01.01	In local currency	10,167	9,500
2.02.02	Other liabilities	107,800	13,886
2.02.02.01	Payables to related parties	50,779	0
2.02.02.02	Other	57,021	13,886
2.02.02.02.04	Lease liabilities	57,021	13,886
2.02.04	Provisions	83,779	73,317
2.02.04.01	Provisions for tax, social security, labor and civil proceedings	9,288	7,785
2.02.04.01.02	Provision for social security and labor proceedings	7,262	6,060
2.02.04.01.04	Provision for civil proceedings	351	50
2.02.04.01.05	Provision for tax proceedings	1,675	1,675
2.02.04.02	Other provisions	74,491	65,532
2.02.04.02.04	Provision for net capital deficiency	72,535	64,087
2.02.04.02.05	Other payables	1,956	1,445
2.02.06	Deferred profit and revenue	0	53
2.02.06.02	Deferred revenue	0	53
2.03	Equity	2,492,432	1,590,580
2.03.01	Paid-up capital	1,645,467	811,284
2.03.02	Capital reserves	163,046	196,925
2.03.02.02	Special reserve for goodwill arising from merger	21,470	21,470
2.03.02.05	Treasury shares	-3,105	-3,105

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(A free translation of the original in Portuguese)

Version: 2

Quarterly Financial Information (ITR) at June 30, 2022 - AREZZO INDÚSTRIA E COMÉRCIO S.A.

Parent company financial statements / Balance sheet - Liabilities and equity (In thousands of real)

Account	Account title	Three months ended	Prior year ended
code		June 30, 2022	December 31, 2021
2.03.02.07	Capital reserve	117,487	158,239
2.03.02.09	Reserve for restricted stock plan	27,194	20,321
2.03.04	Revenue reserves	541,478	591,478
2.03.04.01	Legal reserve	57,511	57,511
2.03.04.05	Retained earnings reserve	174,861	174,861
2.03.04.07	Tax incentive reserve	309,106	309,106
2.03.04.08	Proposed additional dividend	0	50,000
2.03.05	Retained earnings	148,820	0
2.03.06	Other comprehensive loss	-6,379	-9,107

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