| Characteristics of Receivables Portfolio | |||||||
| Table 12. Bills canceled/reversed per region | Table 13. Bills canceled/reversed by sales channel | ||||||
| Total sum of bills | Total sum of | % over | Total sum of bills | Total sum of | % over | ||
| Region | canceled - | eligible bills - | eligible | Sales channel | canceled - | eligible bills - | eligible |
| R$/thousand | R$/thousand | portfolio | R$/thousand | R$/thousand | portfolio | ||
| São Paulo | 867,550 | 24,072,549 | 3.60% | Retail | 1,843,427 | 58,530,825 | 3.15% |
| Southeast | 635,068 | 19,987,526 | 3.18% | Regional clients | 651,086 | 21,452,424 | 3.04% |
| Northeast | 376,208 | 14,449,545 | 2.60% | Distributors | 23,313 | 1,497,502 | 1.56% |
| South | 367,800 | 12,241,133 | 3.00% | Domestic clients | 13,791 | 270,169 | 5.10% |
| Mid-North | 286,897 | 11,056,811 | 2.59% | Government agencies | 1,906 | 56,644 | 3.37% |
| Total | 2,533,523 | 81,807,563 | 3.10% | Total | 2,533,523 | 81,807,563 | 3.10% |
| Page 25 | Translation from Portuguese into English by an independent company. | ||||||
